OPENING OF BANKRUPTCY

Wave to Synth

Export PDF
Financial year 2023 · closed on 31/12/2023
Net result
988,3 k €
+152.7% YoY
Gross margin
1,3 M €
+176.6% YoY
Equity
-950,3 k €
+62.5% YoY
Workforce
2,7 ETP
+22.7% YoY

Company — Opening of bankruptcy.

What does Wave to Synth do?

Wave to Synth is a Cooperative company with limited liability incorporated in 2018. Its main activity is: Support activities to performing arts. Its registered office is in Haaltert. It employs on average 2,7 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0691.739.959
Incorporation
05/03/2018
Legal form
Cooperative company with limited liability
Registered office
Atomveldstraat(De) 8 box 6
9450 Haaltert · FlandreSee on map
Contributed capital
1 821 672,71 €
Latest accounts
31/12/2023
Average workforce
2,7 ETP
Activities (NACE)
90021Support activities to performing arts· main90391Creative, arts and entertainment activities
Joint committees (1)
  • 302
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20232022202120202019
Income statement
Gross margin1,3 M €-1,6 M €-946,9 k €-397,7 k €101,3 k €
EBITDA1,1 M €-1,7 M €-1 M €-486,7 k €25,4 k €
Operating result1 M €-1,9 M €-1,1 M €-595,5 k €-69,6 k €
Net result988,3 k €-1,9 M €-1,2 M €-620 k €-92,8 k €
Balance sheet
Equity-950,3 k €-2,5 M €-812,5 k €25,7 k €619,2 k €
Total assets1,1 M €1,2 M €1,7 M €1,6 M €1,6 M €
Cash1,1 k €48,9 k €167,3 k €146,1 k €38,6 k €
Debts1,7 M €3,2 M €2,2 M €955,9 k €852,7 k €
Other
Workforce2,7 ETP2,2 ETP1,8 ETP1,0 ETP0,1 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 1 ended

Active mandates

Erik De Ridder

Bestuurder

Active

Ended mandates

Erik De Ridder

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
AV-KLOUD● Active
0744.510.038
E-T-A BENELUX● Active
0423.903.064
I.D. PHAR● Active
0451.913.201
Imbema Belgium● Active
0402.915.333
IMBEMA DENSO● Active
0862.383.349
IMBEMA RHIWA● Active
0404.316.685
IMBEMA SURFACE TREATMENT● Active
0895.106.892
More Than Group● Bankrupt
0759.787.043
Annual accounts

Full financial information

20232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202005/03/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months22 months
Filing date10/02/202524/08/202304/07/202229/04/202129/05/2020
General meeting27/06/202423/08/202309/06/202221/04/202108/05/2020
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202327/06/202410/02/2025DutchPDF
Abridged model31/12/202223/08/202324/08/2023DutchPDF
Abridged model31/12/202109/06/202204/07/2022DutchPDF
Abridged model31/12/202021/04/202129/04/2021DutchPDF
Abridged model31/12/201908/05/202029/05/2020DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 1 ended

Active mandates

Erik De Ridder

Bestuurder

Active

Ended mandates

Erik De Ridder

Director

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office11/09/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares17/04/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Other07/03/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023988,3 k €↑
  2. 2022
    Annual accounts 2022-1,9 M €↓
  3. 2021
    Annual accounts 2021-1,2 M €↓
  4. 2020
    Annual accounts 2020-620 k €↓
  5. 2019
    Annual accounts 2019-92,8 k €
  6. 05/03/2018
    IncorporationCooperative company with limited liability