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 2023
New Avenue Karaoke from Antwerpen, company number BE0684459912, closed financial year 2023 with a result of € -48,636 after tax. For that financial year New Avenue Karaoke recorded a gross margin of € 46,637 and equity of € 57,594. Compared with financial year 2022, the result moved from € 85,534 to € -48,636. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2024.
€ 57,594
▼ 46% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,636
▼ still € 85,534 profit in 2022
Profit after tax over the fiscal year.
€ 29,464
▲ € 25,534 vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 51,394.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 29,918
▲ 158% vs 2022
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 2023
€ 2,961
▼ 58% vs 2022
Loans from banks and other lenders, long and short.
€ 26,700
▼ 1% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 56,362
▲ 279% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 43,760 | € 94,824 | € 46,637 | ▼ 51% |
| Profit after taxes | € 30,375 | € 85,534 | € -48,636 | ▼ € 134,170 |
| Equity | € 20,696 | € 106,230 | € 57,594 | ▼ 46% |
| Total debts | € 35,600 | € 48,845 | € 86,024 | ▲ 76% |
| Cash | € 1,431 | € 3,930 | € 29,464 | ▲ € 25,534 |
| Retained profit | € 14,496 | € 100,030 | € 51,394 | ▼ 49% |
| Bank debt | € 21,000 | € 7,000 | € 2,961 | ▼ 58% |
| Balance sheet total | € 56,295 | € 155,075 | € 143,618 | ▼ 7% |
Key figures of New Avenue Karaoke, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to New Avenue Karaoke?
What happened at New Avenue Karaoke in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
New Avenue Karaoke is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 48,636 (▼ € 134,170 vs 2022). Source: NBB ↗
- Chun Man Lau became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,375 profit in 2021 to € 48,636 loss in 2023.
Paid € 15,295 in corporate taxes since 2021.
Best year ever: 2022, with € 85,534 profit.
Management
Behind New Avenue Karaoke is Chun Man Lau.
Directors
According to the 2023 annual accounts
Chun Man Lau
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Kaasrui 3
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
Website info
Features
Details
- Company number
- 0684.459.912
- VAT number
- BE 0684.459.912
- Registered office
- Kaasrui 3, 2000 Antwerpen
- Names & denominations
- New Avenue Karaoke
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 7 November 2017
- Peppol
- Not registered
- Contact
- park-avenue.be
- Activities · NACE
Discotheken, dancings en dergelijke