OPENING OF BANKRUPTCY

KING Music & Publishing

Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-1,1 k €+96,1 %over 1 year
Gross margin-1,8 k €+56,1 %over 1 year
Equity-40,3 k €-2,8 %over 1 year

Identity

Source · BCE/KBO

KING Music & Publishing is a Private company with limited liability incorporated in 2010. Its main activity is: Support activities to performing arts. Its registered office is in Westerlo.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0831.752.036
Incorporation
01/12/2010
Legal form
Private company with limited liability
Registered office
Olenseweg 375
2260 Westerlo · FlandreSee on map
Contributed capital
50 000,00 €
Latest accounts
31/12/2023

Financials

Source · NBB, 12 filings

Trend over 12 financial years

20232022202120202018
Income statement
Gross margin-1,8 k €-4,1 k €–-56,8 k €10,8 k €
EBITDA-2,1 k €-14,6 k €–-56,8 k €10,8 k €
Operating result-2,1 k €-14,6 k €–-56,8 k €10,8 k €
Net result-1,1 k €-27,9 k €-260,5 €-56,8 k €10,5 k €
Balance sheet
Equity-40,3 k €-39,2 k €-11,4 k €-11,1 k €59,7 k €
Total assets343,7 k €343,7 k €359,3 k €359,5 k €608,4 k €
Cash5,8 €14,8 €1,6 €211,7 €217,1 €
Debts384 k €382,9 k €370,6 k €370,6 k €548,7 k €

Board of directors

Source · NBB, accounts to 31/12/2023

1 active · 5 ended

Active mandates

Hugo Marc Foets

Director

Active

Ended mandates

Hugo Foets

Director

Ended
Hugo Foets

Manager

Ended
King Entertainment

Manager · 0812.064.204

Represented by Hugo Foets

Ended
KING ENTERTAINMENT

Manager · 0812.064.204

Represented by Hugo Foets

Ended

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Olenseweg 375 2260 Westerlo
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EXBRAN● Active
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IPANEMA● Active
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Full financial information

Source · NBB
202320222021202020182017
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201801/01/2017
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/08/202431/08/202331/08/202322/04/202226/07/201931/07/2018
General meeting30/06/202431/07/202331/08/202325/01/202203/06/201904/06/2018
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, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202330/06/202406/08/2024DutchPDF
Micro model31/12/202231/07/202331/08/2023DutchPDF
Micro model31/12/202131/08/202331/08/2023DutchPDF
Micro model31/12/202025/01/202222/04/2022DutchPDF
Micro model31/12/201803/06/201926/07/2019DutchPDF
Micro model31/12/201704/06/201831/07/2018DutchPDF
Abridged model31/12/201630/06/201731/08/2017DutchPDF
Abridged model31/12/201506/06/201631/08/2016DutchPDF
Abridged model31/12/201430/06/201518/05/2016DutchPDF
Abridged model31/12/201302/06/201422/07/2014DutchPDF
Abridged model31/12/201203/06/201304/07/2013DutchPDF
Abridged model31/12/201104/06/201223/07/2012DutchPDF

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 31/12/2023

1 active · 5 ended

Active mandates

Hugo Marc Foets

Director

Active

Ended mandates

Hugo Foets

Director

Ended
Hugo Foets

Manager

Ended
King Entertainment

Manager · 0812.064.204

Represented by Hugo Foets

Ended
KING ENTERTAINMENT

Manager · 0812.064.204

Represented by Hugo Foets

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office07/11/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other17/12/2010
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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

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Timeline

  1. 2023
    Annual accounts 2023-1,1 k €↑
  2. 2022
    Annual accounts 2022-27,9 k €↓
  3. 2021
    Annual accounts 2021-260,5 €↑
  4. 2020
    Annual accounts 2020-56,8 k €↓
  5. 2018
    Annual accounts 201810,5 k €↑
  6. 2017
    Annual accounts 20177,6 k €↑
  7. 2016
    Annual accounts 2016-9,4 k €↓
  8. 2015
    Annual accounts 201547,2 k €↑
  9. 2014
    Annual accounts 2014-1,3 k €↓
  10. 2013
    Annual accounts 201316,4 k €↑
  11. 2012
    Annual accounts 2012-50,4 k €↓
  12. 2011
    Annual accounts 2011-10,9 k €
  13. 01/12/2010
    IncorporationPrivate company with limited liability