OPENING OF BANKRUPTCY

MILLENNIUM GOLF MANAGEMENT

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Company — Opening of bankruptcy.

Financial year 2024 · Closed on 31/10/2024

Net result
-162,9 k €
-195,0 %over 1 year
Gross margin
447,9 k €
-32,7 %over 1 year
Equity
234,9 k €
-40,9 %over 1 year
Workforce
11,4 ETP
+23,9 %over 1 year

Identity

Source · BCE/KBO

MILLENNIUM GOLF MANAGEMENT is a Public limited company incorporated in 2017. Its main activity is: Operation of sports facilities. Its registered office is in Beringen. It employs on average 11,4 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0668.670.488
Incorporation
03/01/2017
Legal form
Public limited company
Registered office
Donckstraat 30
3583 Beringen · FlandreSee on map
Contributed capital
300 001,00 €
Latest accounts
31/10/2024
Average workforce
11,4 ETP
Joint committees (4)
  • 145
  • 145.04
  • 200
  • 302
Signals
Good liquidityHealthy social debts

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20242023202220212020
Income statement
Gross margin447,9 k €665,8 k €407,7 k €618,1 k €419 k €
EBITDA-9,9 k €311,6 k €63 k €256 k €82,5 k €
Operating result-152,8 k €188 k €4,1 k €203,6 k €34,8 k €
Net result-162,9 k €171,5 k €-8,5 k €194 k €28,5 k €
Balance sheet
Equity234,9 k €397,8 k €226,3 k €234,9 k €40,8 k €
Total assets1,2 M €1,1 M €906,9 k €595,1 k €336,8 k €
Cash152,9 k €179,4 k €84,3 k €435,2 k €161,6 k €
Debts581,5 k €445,5 k €459,8 k €120,1 k €184,3 k €
Other
Workforce11,4 ETP9,2 ETP9,2 ETP9,1 ETP9,0 ETP

Board of directors

Source · NBB, accounts to 31/10/2024

3 active · 8 ended

Active mandates

Jaak Pieters

Director · since 03 octobre 2023 · until 04 avril 2029

Active
Peter Brinckman

Director · since 03 octobre 2023 · until 04 avril 2029

Active
Piet Vandenbussche

Managing director · since 03 octobre 2023 · until 17 février 2025

Active

Ended mandates

Piet Vandenbussche

Managing director · since 03 octobre 2023 · until 04 avril 2029

Ended
Jaak Pieters

Director · since 06 avril 2022 · until 05 avril 2028

Ended
Peter Brinckman

Director · since 06 avril 2022 · until 05 avril 2028

Ended
Piet Vandenbussche

Director · since 06 avril 2022 · until 05 avril 2028

Ended

Other companies at this address

Donckstraat 30 3583 Beringen
CompanyCBE no.
BELLA VISTA● Active
0843.970.670
MIGAL● Active
0445.934.932
MILLENNIUM GOLF CLUB BERINGEN● Active
0675.780.588
Millennium vzw● Active
1037.624.638

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/11/202301/11/202201/11/202101/11/202001/11/201901/11/2018
Closing of the financial year31/10/202431/10/202331/10/202231/10/202131/10/202031/10/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/05/202507/05/202405/05/202329/04/202229/04/202126/05/2020
General meeting02/04/202503/04/202405/04/202306/04/202207/04/202101/04/2020
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, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/10/202402/04/202502/05/2025DutchPDF
Abridged model31/10/202303/04/202407/05/2024DutchPDF
Abridged model31/10/202205/04/202305/05/2023DutchPDF
Abridged model31/10/202106/04/202229/04/2022DutchPDF
Abridged model31/10/202007/04/202129/04/2021DutchPDF
Abridged model31/10/201901/04/202026/05/2020DutchPDF
Abridged model31/10/201803/04/201902/05/2019DutchPDF

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.

Discover the Business plan
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 31/10/2024

3 active · 8 ended

Active mandates

Jaak Pieters

Director · since 03 octobre 2023 · until 04 avril 2029

Active
Peter Brinckman

Director · since 03 octobre 2023 · until 04 avril 2029

Active
Piet Vandenbussche

Managing director · since 03 octobre 2023 · until 17 février 2025

Active

Ended mandates

Piet Vandenbussche

Managing director · since 03 octobre 2023 · until 04 avril 2029

Ended
Jaak Pieters

Director · since 06 avril 2022 · until 05 avril 2028

Ended
Peter Brinckman

Director · since 06 avril 2022 · until 05 avril 2028

Ended
Piet Vandenbussche

Director · since 06 avril 2022 · until 05 avril 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/06/2017
    DIVERSEN
    PDF
  • Other05/01/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-162,9 k €↓
  2. 2023
    Annual accounts 2023171,5 k €↑
  3. 2022
    Annual accounts 2022-8,5 k €↓
  4. 2021
    Annual accounts 2021194 k €↑
  5. 2020
    Annual accounts 202028,5 k €↑
  6. 2019
    Annual accounts 2019-38,1 k €↑
  7. 2018
    Annual accounts 2018-249,6 k €
  8. 03/01/2017
    IncorporationPublic limited company