OPENING OF BANKRUPTCY

GALAXY STUDIOS GROUP

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Financial year 2022 · closed on 31/12/2022
Net result
-974 k €
-1168.2% YoY
Gross margin
-353,2 k €
-226.7% YoY
Equity
1,2 M €
-44.5% YoY
Workforce
4,3 ETP
-4.4% YoY

Company — Opening of bankruptcy.

What does GALAXY STUDIOS GROUP do?

GALAXY STUDIOS GROUP is a Public limited company incorporated in 2010. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Mol. It employs on average 4,3 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0827.774.838
Incorporation
12/07/2010
Legal form
Public limited company
Registered office
Kievitstraat 42
2400 Mol · FlandreSee on map
Contributed capital
2 100 000,00 €
Latest accounts
31/12/2022
Average workforce
4,3 ETP
Activities (NACE)
82990Other business support service activities n.e.c.· main82990Other business support service activities n.e.c.59130Motion picture, video and television programme distribution activities59130Motion picture, video and television programme distribution activities59202Sound recording and music publishing activities59202Sound recording and music publishing activities+4
Joint committees (1)
  • 218
Contacts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202220212020201920182017201620152014201320122011
Income statement
Gross margin-353,2 k €278,7 k €326,1 k €384,7 k €202,4 k €605,8 k €224,1 k €515,8 k €167,3 k €969,1 k €275,9 k €205,4 k €
EBITDA-509,9 k €157,2 k €155 k €124,1 k €223,6 k €253,8 k €244,7 k €216,8 k €173,4 k €309,2 k €136,6 k €148 k €
Operating result-840 k €38,8 k €118,2 k €101,9 k €187 k €217,9 k €201 k €165,1 k €111 k €207,1 k €135 k €148 k €
Net result-974 k €-76,8 k €3,2 k €3,1 k €780,2 €2,6 k €3,3 k €47,8 k €26,6 k €64,6 k €7,3 k €7,1 k €
Balance sheet
Equity1,2 M €2,2 M €2,3 M €2,3 M €2,3 M €2,3 M €2,3 M €2,3 M €2,2 M €2,2 M €2,1 M €2,1 M €
Total assets6 M €6,7 M €7,8 M €8 M €10,5 M €11 M €9,7 M €7,7 M €6,4 M €5,1 M €4,8 M €4,6 M €
Cash4,9 k €5,8 k €30,4 k €11,2 k €8,9 k €22,3 k €6,4 k €4,4 k €3,3 k €2,3 k €10,1 k €2,9 k €
Debts4,4 M €4,2 M €5,1 M €5,1 M €7,6 M €7,9 M €6,8 M €4,7 M €3,8 M €2,3 M €2,5 M €2,3 M €
Other
Workforce4,3 ETP4,5 ETP4,4 ETP3,7 ETP3,7 ETP5,7 ETP3,9 ETP1,9 ETP1,1 ETP0,8 ETP0,8 ETP0,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 12 ended

Active mandates

Guido VAN BAELEN

Managing director · since 07 juin 2022 · until 06 juin 2028

Active
Wilfried VAN BAELEN

Managing director · since 07 juin 2022 · until 06 juin 2028

Active

Ended mandates

Patrick HERMANS

Director · since 12 septembre 2019 · until 02 juin 2025

Ended
Alfred SCHEFENACKER

Director · since 12 juillet 2016 · until 12 septembre 2019

Ended
Alfred SCHEFENACKER

Director · since 12 juillet 2016 · until 05 juin 2022

Ended
Alfred SCHEFENACKER

Director · since 12 juillet 2016 · until 06 juin 2022

Ended
At this address

Other companies at this address

CompanyCBE no.
AURO HOLDING● Active
0449.129.004
Auromasters● Active
1005.197.142
Galaxy Properties● Active
1025.629.104
GALAXY STUDIOS● Bankrupt
0423.224.460
Galaxy World● Active
1025.856.261
ZILVERMEER PRODUCTIONS● Bankrupt
0562.958.108
Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202331/07/202227/01/202202/07/202027/06/201928/06/2018
General meeting21/08/202306/07/202224/01/202201/06/202003/06/201925/06/2018
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202221/08/202331/08/2023DutchPDF
Abridged model31/12/202106/07/202231/07/2022DutchPDF
Abridged model31/12/202024/01/202227/01/2022DutchPDF
Abridged model31/12/201901/06/202002/07/2020DutchPDF
Abridged model31/12/201803/06/201927/06/2019DutchPDF
Abridged model31/12/201725/06/201828/06/2018DutchPDF
Abridged model31/12/201606/06/201731/07/2017DutchPDF
Abridged model30/09/201530/03/201631/03/2016DutchPDF
Abridged model30/09/201423/03/201530/03/2015DutchPDF
Abridged modelCorrection30/09/201303/03/201410/04/2014DutchPDF
Abridged model30/09/201303/03/201407/04/2014DutchPDF
Abridged model30/09/201229/03/201308/04/2013DutchPDF
Abridged model30/09/201105/03/201208/04/2013DutchPDF
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 31/12/2022 · 2 active · 12 ended

Active mandates

Guido VAN BAELEN

Managing director · since 07 juin 2022 · until 06 juin 2028

Active
Wilfried VAN BAELEN

Managing director · since 07 juin 2022 · until 06 juin 2028

Active

Ended mandates

Patrick HERMANS

Director · since 12 septembre 2019 · until 02 juin 2025

Ended
Alfred SCHEFENACKER

Director · since 12 juillet 2016 · until 12 septembre 2019

Ended
Alfred SCHEFENACKER

Director · since 12 juillet 2016 · until 05 juin 2022

Ended
Alfred SCHEFENACKER

Director · since 12 juillet 2016 · until 06 juin 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/10/2016
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates16/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/02/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares20/08/2010
    KAPITAAL - AANDELEN
    PDF
  • Other23/07/2010
    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. 2022
    Annual accounts 2022-974 k €↓
  2. 2021
    Annual accounts 2021-76,8 k €↓
  3. 2020
    Annual accounts 20203,2 k €↑
  4. 2019
    Annual accounts 20193,1 k €↑
  5. 2018
    Annual accounts 2018780,2 €↓
  6. 2017
    Annual accounts 20172,6 k €↓
  7. 2016
    Annual accounts 20163,3 k €↓
  8. 2015
    Annual accounts 201547,8 k €↑
  9. 2014
    Annual accounts 201426,6 k €↓
  10. 2013
    Annual accounts 201364,6 k €↑
  11. 2012
    Annual accounts 20127,3 k €↑
  12. 2011
    Annual accounts 20117,1 k €
  13. 12/07/2010
    IncorporationPublic limited company