ACTIVE

EURO MUSIC DISTRIBUTION

Financial year 2023 · Closed on 30/09/2023

Net result66,6 k €+301,2 %over 1 year
Gross margin177,6 k €+164,8 %over 1 year
Equity338,8 k €+24,5 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

EURO MUSIC DISTRIBUTION is a Private limited company incorporated in 2009. Its main activity is: Retail sale of music and video recordings in specialised stores. Its registered office is in Merelbeke-Melle.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0809.174.295
Incorporation
19/01/2009
Legal form
Private limited company
Registered office
Sint-Elooistraat 81
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
18 750,00 €
Latest accounts
30/09/2023
Average workforce
0,0 ETP
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 14 filings

Trend over 14 financial years

20232022202120202019
Income statement
Gross margin177,6 k €67,1 k €67,6 k €88,3 k €60 k €
EBITDA161,4 k €50,1 k €65,9 k €85,1 k €60,9 k €
Operating result101,4 k €-19,3 k €6,1 k €25,3 k €942 €
Net result66,6 k €-33,1 k €-14,8 k €192 €-25,5 k €
Balance sheet
Equity338,8 k €272,1 k €305,3 k €320,1 k €319,9 k €
Total assets1,1 M €1,1 M €1,3 M €1,5 M €1,5 M €
Cash0,9 €2,2 k €9,8 k €20,1 k €29,9 k €
Debts701,5 k €799,4 k €1 M €1,1 M €1,2 M €
Other
Workforce0,0 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2023

1 active · 7 ended

Active mandates

Patrick Brys

Director

Active

Ended mandates

CABRY INVEST BELGIUM

Associate · since 01 janvier 2016 · 0437.431.297

Represented by Bart Brys

Ended
PAN WAY INV

Associate · since 01 janvier 2016 · 0548.974.765

Represented by Patrick Brys

Ended
Bart Brys

Associate

Ended
Hans Brys

Associate · until 09 décembre 2015

Ended

Other companies at this address

Sint-Elooistraat 81 9820 Merelbeke-Melle
CompanyCBE no.
0553.721.134

Full financial information

Source · NBB
202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202201/10/202101/10/202001/10/201901/10/201801/10/2017
Closing of the financial year30/09/202330/09/202230/09/202130/09/202030/09/201930/09/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/04/202411/03/202428/04/202226/04/202130/04/202030/04/2019
General meeting29/04/202426/02/202431/03/202227/03/202128/03/202023/03/2019
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, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202329/04/202430/04/2024DutchPDF
Abridged model30/09/202226/02/202411/03/2024DutchPDF
Abridged model30/09/202131/03/202228/04/2022DutchPDF
Abridged model30/09/202027/03/202126/04/2021DutchPDF
Abridged model30/09/201928/03/202030/04/2020DutchPDF
Abridged model30/09/201823/03/201930/04/2019DutchPDF
Abridged model30/09/201731/03/201827/04/2018DutchPDF
Abridged model30/09/201624/03/201704/05/2017DutchPDF
Abridged model30/09/201526/03/201630/03/2016DutchPDF
Abridged model30/09/201428/03/201517/04/2015DutchPDF
Abridged model30/09/201322/03/201430/04/2014DutchPDF
Abridged model30/09/201223/03/201326/04/2013DutchPDF
Abridged model30/09/201124/03/201229/05/2012DutchPDF
Abridged model30/09/201026/03/201129/04/2011DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 30/09/2023

1 active · 7 ended

Active mandates

Patrick Brys

Director

Active

Ended mandates

CABRY INVEST BELGIUM

Associate · since 01 janvier 2016 · 0437.431.297

Represented by Bart Brys

Ended
PAN WAY INV

Associate · since 01 janvier 2016 · 0548.974.765

Represented by Patrick Brys

Ended
Bart Brys

Associate

Ended
Hans Brys

Associate · until 09 décembre 2015

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office07/05/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates27/03/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/10/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other09/11/2011
    DOEL
    PDF
  • Other28/01/2009
    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. 2023
    Annual accounts 202366,6 k €↑
  2. 2022
    Annual accounts 2022-33,1 k €↓
  3. 2021
    Annual accounts 2021-14,8 k €↓
  4. 2020
    Annual accounts 2020192 €↑
  5. 2019
    Annual accounts 2019-25,5 k €↓
  6. 2018
    Annual accounts 20189 €↑
  7. 2017
    Annual accounts 2017-19 €↓
  8. 2016
    Annual accounts 20161,8 k €↓
  9. 2015
    Annual accounts 201527,4 k €↓
  10. 2014
    Annual accounts 2014159,2 k €↑
  11. 2013
    Annual accounts 201390,7 k €↑
  12. 2012
    Annual accounts 20125 k €↓
  13. 2011
    Annual accounts 2011221,3 k €↓
  14. 2010
    Annual accounts 2010260,4 k €
  15. 19/01/2009
    IncorporationPrivate limited company