OPENING OF BANKRUPTCY

PROMO LIVE ENT

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Company — Opening of bankruptcy.

Financial year 2021 · Closed on 31/07/2021

Net result-4,1 M €-979,8 %over 1 year
Revenue149,6 k €-97,9 %over 1 year
Equity-2,1 M €-202,6 %over 1 year
Workforce17,9 ETP-25,1 %over 1 year

Identity

Source · BCE/KBO

PROMO LIVE ENT is a Public limited company incorporated in 1999. Its main activity is: Support activities to performing arts. Its registered office is in Forest. It employs on average 17,9 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0467.116.465
Incorporation
22/10/1999
Legal form
Public limited company
Registered office
Avenue du Globe 36
1190 Forest · BruxellesSee on map
Contributed capital
2 625 492,03 €
Latest accounts
31/07/2021
Average workforce
17,9 ETP

Financials

Source · NBB, 15 filings

Trend over 14 financial years

20212020201920182017
Income statement
Revenue149,6 k €7,1 M €7,2 M €5,2 M €7,7 M €
EBITDA-3,4 M €951,4 k €542,9 k €-1,3 M €4,2 M €
Operating result-3,8 M €518 k €119,6 k €-1,7 M €3,3 M €
Net result-4,1 M €464,4 k €-36 k €-1,7 M €3,1 M €
Balance sheet
Equity-2,1 M €2 M €1,6 M €1,6 M €3,3 M €
Total assets2,2 M €6,5 M €8,7 M €8 M €6,1 M €
Cash53,3 k €20,2 k €12,1 k €112,1 k €81,8 k €
Debts4 M €4,3 M €6,9 M €6,1 M €2,5 M €
Other
Workforce17,9 ETP23,9 ETP29,3 ETP26,6 ETP25,4 ETP

Board of directors

Source · NBB, accounts to 31/07/2021

2 active · 18 ended

Active mandates

ALPA

Managing director · since 21 novembre 2019 · until 28 novembre 2025 · 0435.494.564

Represented by Geert ALLAERT

Active
Music Hall Group

Director · since 21 novembre 2019 · until 28 novembre 2025 · 0448.293.616

Represented by Amélie ALLAERT

Active

Ended mandates

ALPA

Managing director · since 21 novembre 2019 · until 28 novembre 2025 · 0435.494.564

Represented by Geert Allaert

Ended
Music Hall Group

Director · since 21 novembre 2019 · until 28 novembre 2025 · 0448.293.616

Represented by Amélie Allaert

Ended
Geert Allaert

Director · since 12 août 2015 · until 11 août 2021

Ended
Geert Allaert

Managing director · since 12 août 2015 · until 11 août 2021

Ended

Other companies at this address

Avenue du Globe 36 1190 Forest
CompanyCBE no.
Brussels Capitals● Active
0461.048.720
F.N. - V.N. Ijshockey Club● Active
0432.398.680
Forest National● Active
0419.605.667
Forest National Travel● Active
0421.102.635
Les Assises du Mécénat● Active
0425.887.705
Stardust Park Fondation● Active
0667.774.229

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 date29/10/202128/01/202114/01/202014/01/201922/02/201831/01/2017
General meeting15/10/202127/11/202022/11/201923/11/201824/11/201725/11/2016
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, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/07/202115/10/202129/10/2021DutchPDF
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 model31/07/201625/11/201631/01/2017DutchPDF
Full model31/07/201515/10/201515/10/2015DutchPDF
Full model31/07/201428/11/201419/02/2015DutchPDF
Full model31/07/201322/11/201329/01/2014DutchPDF
Full model31/07/201223/11/201223/01/2013DutchPDF
Full model31/07/201125/11/201120/12/2011DutchPDF
Full model31/07/201026/11/201003/01/2011DutchPDF
Abridged model31/07/200927/11/200916/12/2009DutchPDF
Abridged model31/07/200805/12/200811/12/2008DutchPDF
Abridged model31/07/200723/11/200727/11/2007DutchPDF

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 · 18 ended

Active mandates

ALPA

Managing director · since 21 novembre 2019 · until 28 novembre 2025 · 0435.494.564

Represented by Geert ALLAERT

Active
Music Hall Group

Director · since 21 novembre 2019 · until 28 novembre 2025 · 0448.293.616

Represented by Amélie ALLAERT

Active

Ended mandates

ALPA

Managing director · since 21 novembre 2019 · until 28 novembre 2025 · 0435.494.564

Represented by Geert Allaert

Ended
Music Hall Group

Director · since 21 novembre 2019 · until 28 novembre 2025 · 0448.293.616

Represented by Amélie Allaert

Ended
Geert Allaert

Director · since 12 août 2015 · until 11 août 2021

Ended
Geert Allaert

Managing director · since 12 août 2015 · until 11 août 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/12/2016
    BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates08/04/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares09/11/2015
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Registered office11/07/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates31/12/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/12/2007
    KAPITAAL - AANDELEN
    PDF
  • Other08/05/2006
    WIJZIGING VAN DE STATUTEN — NAAMWIJZIGING - WIJZIGING
    PDF

Similar companies

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

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Timeline

  1. 2021
    Annual accounts 2021-4,1 M €↓
  2. 2020
    Annual accounts 2020464,4 k €↑
  3. 2019
    Annual accounts 2019-36 k €↑
  4. 2018
    Annual accounts 2018-1,7 M €↓
  5. 2017
    Annual accounts 20173,1 M €↑
  6. 2016
    Annual accounts 2016-55,1 k €↓
  7. 2016
    Name changePROMO LIVE ENT
  8. 2015
    Annual accounts 2015268,3 k €↑
  9. 2014
    Annual accounts 201495,4 k €↑
  10. 2013
    Annual accounts 201386,6 k €↑
  11. 2012
    Annual accounts 2012-860,1 k €↓
  12. 2010
    Annual accounts 201088,3 k €↑
  13. 2009
    Annual accounts 2009-1,4 M €↓
  14. 2008
    Annual accounts 20084,9 k €↑
  15. 2007
    Annual accounts 2007-311,8 k €
  16. 2007
    Name changeMUSIC HALL PROMOTIONS
  17. 22/10/1999
    IncorporationPublic limited company