OPENING OF BANKRUPTCY

SUMMERFESTIVAL

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Financial year 2020 · closed on 31/12/2020
Net result
25,1 k €
+107.4% YoY
Gross margin
28,6 k €
+112.1% YoY
Equity
-579,7 k €
+4.2% YoY

Company — Opening of bankruptcy.

What does SUMMERFESTIVAL do?

SUMMERFESTIVAL is a Private company with limited liability incorporated in 2009. 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 0809.990.283
Incorporation
23/02/2009
Legal form
Private company with limited liability
Registered office
Beukenlaan 12
2020 Antwerpen · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
31/12/2020
Activities (NACE)
90021Support activities to performing arts· main90391Creative, arts and entertainment activities82300Organisation of conventions and trade shows82300Organisation of conventions and trade shows90022Support activities to performing arts90023Support activities to performing arts+2
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2020201920182017201520142013201220112010
Income statement
Gross margin28,6 k €-237,6 k €-263,8 k €-26,1 k €45,5 k €13,1 k €62,6 k €2,4 k €33,2 k €12,4 k €
EBITDA25,6 k €-340,7 k €-314,9 k €-55,5 k €17,6 k €12,5 k €62,3 k €1,7 k €32,7 k €11,7 k €
Operating result25,6 k €-340,7 k €-314,9 k €-55,5 k €17,6 k €12,5 k €62,3 k €1,7 k €32,7 k €11,7 k €
Net result25,1 k €-341,5 k €-317,6 k €-61,3 k €8,8 k €8,3 k €41,3 k €2,7 k €21,9 k €7,6 k €
Balance sheet
Equity-579,7 k €-604,9 k €-263,4 k €54,3 k €115,6 k €106,8 k €98,5 k €57,2 k €54,5 k €32,6 k €
Total assets110,6 k €308,3 k €436,1 k €456 k €377,9 k €1,9 M €992,7 k €159 k €137,7 k €34,4 k €
Cash2,4 k €151,6 k €4,7 k €22,2 k €131,9 k €928,8 k €645,5 k €12,8 k €3,3 k €7,3 k €
Debts690,4 k €913,2 k €699,4 k €401,8 k €172,3 k €590,2 k €853,4 k €66,8 k €83,1 k €1,7 k €
Other
Workforce–0,8 ETP0,3 ETP–––––––
Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 18 ended

Active mandates

LET'S THINK

Director · 0461.389.210

Represented by Wim Van der Borght

Active

Ended mandates

Oriax

Manager · since 22 mars 2012 · 0870.361.501

Represented by Marijn VENMANS

Ended
FESTIVAL GLOBAL

Manager · since 01 février 2011 · 0828.762.654

Represented by Wim Van de Vijver

Ended
MISTO

Manager · since 26 mai 2009 · until 01 février 2011 · 0891.265.296

Represented by Wim Van de Vijver

Ended
MISTO

Manager · since 26 mai 2009 · 0891.265.296

Represented by Wim Van de Vijver

Ended
At this address

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0873.679.691
LEFT BANK BEACH● Bankrupt
0874.153.112
L'Hermitage● Liquidation
0450.546.687
PEG UNITED● Bankrupt
0507.820.536
Annual accounts

Full financial information

202020192018201720152014
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202001/01/201901/10/201701/01/201601/04/201401/04/2013
Closing of the financial year31/12/202031/12/201931/12/201830/09/201731/12/201531/03/2014
Length of the financial year12 months12 months15 months21 months21 months12 months
Filing date31/08/202117/12/202016/09/201931/05/201808/09/201620/10/2014
General meeting24/06/202131/08/202027/06/201907/03/201801/06/201619/09/2014
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202024/06/202131/08/2021DutchPDF
Abridged model31/12/201931/08/202017/12/2020DutchPDF
Abridged model31/12/201827/06/201916/09/2019DutchPDF
Abridged model30/09/201707/03/201831/05/2018DutchPDF
Abridged model31/12/201501/06/201608/09/2016DutchPDF
Abridged model31/03/201419/09/201420/10/2014DutchPDF
Abridged model31/03/201320/09/201329/10/2013DutchPDF
Abridged model31/03/201207/09/201226/09/2012DutchPDF
Abridged model31/03/201116/09/201126/10/2011DutchPDF
Abridged model31/03/201017/09/201027/10/2010DutchPDF
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 31/12/2020 · 1 active · 18 ended

Active mandates

LET'S THINK

Director · 0461.389.210

Represented by Wim Van der Borght

Active

Ended mandates

Oriax

Manager · since 22 mars 2012 · 0870.361.501

Represented by Marijn VENMANS

Ended
FESTIVAL GLOBAL

Manager · since 01 février 2011 · 0828.762.654

Represented by Wim Van de Vijver

Ended
MISTO

Manager · since 26 mai 2009 · until 01 février 2011 · 0891.265.296

Represented by Wim Van de Vijver

Ended
MISTO

Manager · since 26 mai 2009 · 0891.265.296

Represented by Wim Van de Vijver

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other20/04/2018
    BOEKJAAR
    PDF
  • Registered office08/01/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/03/2017
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/01/2017
    ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other29/04/2015
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/07/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/12/2012
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2012
    ONTSLAGEN - BENOEMINGEN
    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. 2020
    Annual accounts 202025,1 k €↑
  2. 2019
    Annual accounts 2019-341,5 k €↓
  3. 2018
    Annual accounts 2018-317,6 k €↓
  4. 2017
    Annual accounts 2017-61,3 k €↓
  5. 2015
    Annual accounts 20158,8 k €↑
  6. 2014
    Annual accounts 20148,3 k €↓
  7. 2013
    Annual accounts 201341,3 k €↑
  8. 2012
    Annual accounts 20122,7 k €↓
  9. 2011
    Annual accounts 201121,9 k €↑
  10. 2010
    Annual accounts 20107,6 k €
  11. 23/02/2009
    IncorporationPrivate company with limited liability