Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
MILLENNIUM GOLF MANAGEMENT from Beringen, company number BE0668670488, closed financial year 2024 with a result of € -162,914 after tax. For that financial year MILLENNIUM GOLF MANAGEMENT recorded a gross margin of € 447,876 and equity of € 234,926. Compared with financial year 2023, the result moved from € 171,502 to € -162,914. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 2, 2025.
€ 234,926
▼ 41% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -162,914
▼ still € 171,502 profit in 2023
Profit after tax over the fiscal year.
€ 152,945
▼ 15% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -65,075.
People and assets in 2024
11.4
▲ 2.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 445,385
▲ 26% vs 2023
€ 39,100 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.
€ 148,164
▲ 31% vs 2023
Of which on lease € 122,343.
Debts at end 2024
€ 385,942
▲ 6% vs 2023
€ 65,464 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 136,621
▲ 217% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 58,932
▲ 55% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 618,142 | € 407,712 | € 665,847 | € 447,876 | ▼ 33% |
| Profit after taxes | € 194,044 | € -8,537 | € 171,502 | € -162,914 | ▼ € 334,416 |
| Equity | € 234,876 | € 226,339 | € 397,840 | € 234,926 | ▼ 41% |
| Total debts | € 360,211 | € 680,578 | € 718,007 | € 962,513 | ▲ 34% |
| Cash | € 435,247 | € 84,294 | € 179,434 | € 152,945 | ▼ 15% |
| Retained profit | € -65,125 | € -73,662 | € 97,839 | € -65,075 | ▼ € 162,914 |
| Bank debt | € 0 | € 353,859 | € 364,317 | € 385,942 | ▲ 6% |
| Balance sheet total | € 595,087 | € 906,916 | € 1,115,847 | € 1,197,440 | ▲ 7% |
| Employees (FTE) | 9.1 | 9.2 | 9.2 | 11.4 | ▲ 2.2 |
Key figures of MILLENNIUM GOLF MANAGEMENT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 May 2026.
What happened to MILLENNIUM GOLF MANAGEMENT?
What happened at MILLENNIUM GOLF MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MILLENNIUM GOLF MANAGEMENT is active according to the CBE. Legal situation: Opening faillissement.
- Peter Brinckman stepped down as director. NBB
- Jaak Pieters stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 162,914 (▼ € 334,416 vs 2023). Source: NBB ↗
- Piet Vandenbussche stepped down as director. NBB
- Piet Vandenbussche became a director. NBB
- Peter Brinckman became a director. NBB
- Jaak Pieters became a director. NBB
- New establishment in Beringen. KBO
In short
From € 194,044 profit in 2021 to € 162,914 loss in 2024.
Paid € 35 in corporate taxes since 2021.
Best year ever: 2021, with € 194,044 profit.
On average € 39,300 of value added per employee in 2024.
A new publication or filing at MILLENNIUM GOLF MANAGEMENT? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of @golf, HERON GOLF MANAGEMENT GROUP, MIGAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MILLENNIUM GOLF MANAGEMENTThe shares are held by @golf (33.7%), HERON GOLF MANAGEMENT GROUP (22%) and MIGAL (10.7%). It owns 100% of Bella Vista itself.
Directors
According to the 2024 annual accounts
Piet Vandenbussche
Managing director
Holds a stake via @golf
Also active at: GOLF.be, GOLF VLAANDEREN, HERON GOLF MANAGEMENT GROUP, 1UP, BELLA VISTA, @golf
since 2023 · until 2025
since 2023 · until 2029
Jaak Pieters
Director
Also active at: PIETERS MANAGING AND CONSULTING, PIETERS FINANCE, GOLF VLAANDEREN
since 2023 · until 2029
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Donckstraat 30
3583 Beringen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0668.670.488
- VAT number
- BE 0668.670.488
- Registered office
- Donckstraat 30, 3583 Beringen
- Names & denominations
- MILLENNIUM GOLF MANAGEMENT · MGM GOLF · naamloze vennootschap
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 3 January 2017
- Peppol
- Active · Active since 11 Jun 2026
- Activities · NACE
Exploitatie van sportaccommodaties
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van overige balsportclubs
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering