Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Annual account missing NBB
Fiscal year 2023 was expected before 31 July 2024 and has not been filed.
Financials
Financial year 2022
Live Nation from Mechelen, company number BE0415340439, closed financial year 2022 with a result of € 1.2 million after tax. For that financial year Live Nation recorded revenue of € 71.9 million and equity of € 35.9 million. Compared with financial year 2021, the result moved from € -3.8 million to € 1.2 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2023.
€ 35.9 million
▲ 3% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ still € 3.8 million loss in 2021
Profit after tax over the fiscal year.
€ 3.5 million
▼ 78% vs 2021
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2022. Retained profit grew to € 35.5 million.
People and assets in 2022
41.7
▲ 1 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 3.3 million
▲ 34% vs 2021
€ 79,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2022
€ 55.5 million
Loans from banks and other lenders, long and short.
€ 8.5 million
▲ € 6.7 million vs 2021
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 719,809
▲ 60% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Revenue | € 7,293,052 | € 71,856,591 | ▲ € 64.6 million |
| Profit after taxes | € -3,768,509 | € 1,206,797 | ▲ € 5 million |
| Equity | € 34,653,510 | € 35,860,307 | ▲ 3% |
| Total debts | € 95,125,465 | € 91,470,241 | ▼ 4% |
| Cash | € 15,861,490 | € 3,484,470 | ▼ 78% |
| Land & buildings | - | € 296,620 | |
| Retained profit | € 34,253,690 | € 35,460,487 | ▲ 4% |
| Bank debt | € 55,502,087 | € 55,502,087 | |
| Balance sheet total | € 129,778,975 | € 127,330,548 | ▼ 2% |
| Employees (FTE) | 40.7 | 41.7 | ▲ 1 |
Key figures of Live Nation, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to Live Nation?
What happened at Live Nation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2022: profit of € 1.2 million. filed late Source: NBB ↗
- Paul Antonio became a director. NBB
- John Reid stepped down as director. NBB
- Herman Schueremans VOF became a director. NBB
- Niall Dunphy became a director. NBB
- John Reid became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Mechelen. KBO
In short
From € 3.8 million loss in 2021 to € 1.2 million profit in 2022.
Paid € 50,567 in corporate taxes since 2021.
Best year ever: 2022, with € 1.2 million profit.
Pays suppliers within 47 days on average.
Management
Behind Live Nation are Paul Antonio, Herman Schueremans VOF and Niall Dunphy. The shares are held by Live Nation Belgium Holding (99.7%) and Live Nation Netherlands Holding BV (0.3%). It owns 100% of We Love Entertainment, 100% of Live Nation Festival, A.S.B. and Antwerps Sportpaleis itself.
Directors
According to the 2022 annual accounts
Paul Antonio
Director
since 2023
Director · represented by Herman Schueremans
Also active at: DOUR MUSIC FESTIVAL, Be-At Venues, ASB, Live Nation festivals, WE LOVE ENTERTAINMENT, CUPNATION
since 2021
Niall Dunphy
Director
since 2021
John Reid
Director
since 2021 · until 2023
Shareholders
Live Nation Netherlands Holding BV
0.3%
Participations
Establishments
Establishment units
Physical locations of this company
Blarenberglaan 3A
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
FASTLY - Fastly, Inc., US
DNS
AWS Route 53
Website info
Features
Security
Network
Details
- Company number
- 0415.340.439
- VAT number
- BE 0415.340.439
- Registered office
- Blarenberglaan 3A, 2800 Mechelen
- Names & denominations
- Live Nation
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 1975
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- livenation.be
- Activities · NACE
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