OPENING OF BANKRUPTCY

BEAT INTERNATIONAL

Company — Opening of bankruptcy.

Financial year 2021 · Closed on 31/07/2021

Net result-1,2 M €-154,1 %over 1 year
Revenue1,9 M €-89,6 %over 1 year
Equity4,1 M €-22,8 %over 1 year

Identity

Source · BCE/KBO

BEAT INTERNATIONAL is a Public limited company incorporated in 1998. Its main activity is: Support activities to performing arts. Its registered office is in Antwerpen.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0464.028.402
Incorporation
27/08/1998
Legal form
Public limited company
Registered office
Vlaamsekaai 82/3
2000 Antwerpen · FlandreSee on map
Contributed capital
3 632 369,95 €
Latest accounts
31/07/2021
Joint committees (1)
  • 304
Signals
Good liquidity

Financials

Source · NBB, 16 filings

Trend over 16 financial years

20212020201920182017
Income statement
Revenue1,9 M €18,3 M €11,4 M €18 M €3,5 M €
EBITDA-1,1 M €2,7 M €-978,3 k €2,9 M €1,5 M €
Operating result-1,1 M €2,4 M €-1,3 M €2,6 M €535,5 k €
Net result-1,2 M €2,2 M €-1,3 M €2,5 M €532,5 k €
Balance sheet
Equity4,1 M €5,3 M €3,1 M €4,4 M €1,8 M €
Total assets16,5 M €22,8 M €30,9 M €24,3 M €5,2 M €
Cash23,5 k €49,3 k €3,2 k €3,8 k €3,8 k €
Debts12,4 M €17,5 M €27,9 M €20 M €3,4 M €
Other
Workforce–––––

Board of directors

Source · NBB, accounts to 31/07/2021

2 active · 26 ended

Active mandates

ALPA

Managing director · since 22 novembre 2019 · until 28 novembre 2025 · 0435.494.564

Represented by Geert Allaert

Active
Music Hall Group

Director · since 22 novembre 2019 · until 28 novembre 2025 · 0448.293.616

Represented by Amélie Allaert

Active

Ended mandates

Geert Allaert

Director · since 12 août 2015 · until 12 août 2021

Ended
ALPA

Director · since 22 novembre 2014 · until 22 novembre 2019 · 0435.494.564

Represented by Geert Allaert

Ended
ALPA

Director · since 22 novembre 2013 · until 22 novembre 2019 · 0435.494.564

Represented by Geert Allaert

Ended
ALPA

Managing director · since 22 novembre 2013 · until 22 novembre 2019 · 0435.494.564

Represented by Geert Allaert

Ended

Full financial information

Source · NBB
202120202019201820172016
Type of accountAbridged modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/08/202001/08/201901/08/201801/08/201701/08/201601/08/2015
Closing of the financial year31/07/202131/07/202031/07/201931/07/201831/07/201731/07/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/12/202128/01/202114/01/202014/01/201922/02/201823/01/2017
General meeting26/11/202127/11/202022/11/201923/11/201824/11/201725/11/2016
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/07/202126/11/202123/12/2021DutchPDF
Full model31/07/202027/11/202028/01/2021DutchPDF
Full model31/07/201922/11/201914/01/2020DutchPDF
Full model31/07/201823/11/201814/01/2019DutchPDF
Full model31/07/201724/11/201722/02/2018DutchPDF
Full model31/07/201625/11/201623/01/2017DutchPDF
Full model31/07/201527/11/201511/02/2016DutchPDF
Full model31/07/201428/11/201405/03/2015DutchPDF
Full model31/07/201322/11/201329/01/2014DutchPDF
Full model31/07/201223/11/201223/01/2013DutchPDF
Full model31/07/201125/11/201120/12/2011DutchPDF
Abridged model31/12/201023/06/201128/06/2011DutchPDF
Abridged model31/12/200912/08/201016/08/2010DutchPDF
Abridged model31/12/200811/05/200924/06/2009DutchPDF
Abridged model31/12/200713/05/200805/06/2008DutchPDF
Abridged model31/12/200606/07/200731/08/2007DutchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/07/2021

2 active · 26 ended

Active mandates

ALPA

Managing director · since 22 novembre 2019 · until 28 novembre 2025 · 0435.494.564

Represented by Geert Allaert

Active
Music Hall Group

Director · since 22 novembre 2019 · until 28 novembre 2025 · 0448.293.616

Represented by Amélie Allaert

Active

Ended mandates

Geert Allaert

Director · since 12 août 2015 · until 12 août 2021

Ended
ALPA

Director · since 22 novembre 2014 · until 22 novembre 2019 · 0435.494.564

Represented by Geert Allaert

Ended
ALPA

Director · since 22 novembre 2013 · until 22 novembre 2019 · 0435.494.564

Represented by Geert Allaert

Ended
ALPA

Managing director · since 22 novembre 2013 · until 22 novembre 2019 · 0435.494.564

Represented by Geert Allaert

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates25/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/12/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares14/10/2016
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates08/04/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/08/2014
    BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/07/2011
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates08/07/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2008
    ONTSLAGEN - BENOEMINGEN
    PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2021
    Annual accounts 2021-1,2 M €↓
  2. 2020
    Annual accounts 20202,2 M €↑
  3. 2019
    Annual accounts 2019-1,3 M €↓
  4. 2018
    Annual accounts 20182,5 M €↑
  5. 2017
    Annual accounts 2017532,5 k €↓
  6. 2016
    Annual accounts 20162,9 M €↑
  7. 2015
    Annual accounts 2015-747 k €↑
  8. 2014
    Annual accounts 2014-2,1 M €↓
  9. 2014
    Name changeBEAT INTERNATIONAL
  10. 2013
    Annual accounts 20131,4 M €↑
  11. 2012
    Annual accounts 2012-118,3 k €↓
  12. 2011
    Annual accounts 201149,6 k €↓
  13. 2010
    Annual accounts 201080,4 k €↑
  14. 2010
    Name changeMUSIC HALL EVENTS
  15. 2009
    Annual accounts 2009-37,8 k €↓
  16. 2008
    Annual accounts 2008189,9 k €↑
  17. 2007
    Annual accounts 2007-49,9 k €↑
  18. 2006
    Annual accounts 2006-118,3 k €
  19. 2006
    Name changeOPERA HALL
  20. 27/08/1998
    IncorporationPublic limited company