Bankrupt · Opening faillissement (CBE)

MILLENNIUM GOLF MANAGEMENT

BE0668670488

Rechtspersoon Public limited company 1 establishment

MILLENNIUM GOLF MANAGEMENT is a sports facility in Beringen. Public Limited, started on 3 January 2017, 1 establishment.

Donckstraat 30, 3583 Beringen

Start date

3 January 2017

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.

What it is worth Healthy

€ 234,926

▼ 41% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -162,914

▼ still € 171,502 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 152,945

▼ 15% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -65,075.

People and assets in 2024

Full-time equivalents

11.4

▲ 2.2 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 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.

Vehicles and equipment

€ 148,164

▲ 31% vs 2023

Of which on lease € 122,343.

Debts at end 2024

Bank debt ≈ 6 years to go

€ 385,942

▲ 6% vs 2023

€ 65,464 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 136,621

▲ 217% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 58,932

▲ 55% vs 2023

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 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.

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 MANAGEMENT

The shares are held by @golf (33.7%), HERON GOLF MANAGEMENT GROUP (22%) and MIGAL (10.7%). It owns 100% of Bella Vista itself.

See the full network in the app

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

Peter Brinckman

Director

Also active at: HERON GOLF MANAGEMENT GROUP

since 2023 · until 2029

Jaak Pieters

Director

Also active at: PIETERS MANAGING AND CONSULTING, PIETERS FINANCE, GOLF VLAANDEREN

since 2023 · until 2029

Shareholders

@golf · holding of Piet Vandenbussche

33.7%

MIGAL

10.7%

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

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

Frequently asked questions

What does MILLENNIUM GOLF MANAGEMENT do?
MILLENNIUM GOLF MANAGEMENT is a sports facility in Beringen. Public Limited, started on 3 January 2017, 1 establishment.
What is the address of MILLENNIUM GOLF MANAGEMENT?
The registered office of MILLENNIUM GOLF MANAGEMENT is located at Donckstraat 30, 3583 Beringen.
Is MILLENNIUM GOLF MANAGEMENT still active?
No. The CBE lists MILLENNIUM GOLF MANAGEMENT with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is MILLENNIUM GOLF MANAGEMENT registered on Peppol?
Yes, MILLENNIUM GOLF MANAGEMENT is registered on the Peppol network with ID 0208:0668670488.
What is the enterprise number of MILLENNIUM GOLF MANAGEMENT?
The enterprise number of MILLENNIUM GOLF MANAGEMENT is BE0668670488.
When was MILLENNIUM GOLF MANAGEMENT founded?
MILLENNIUM GOLF MANAGEMENT was founded on 3 January 2017.