Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Annual account missing NBB
Fiscal year 2023 was expected before 31 July 2024 and has not been filed.
Financials
Financial year 2022
GMM FESTIVAL from Dessel, company number BE0811589003, closed financial year 2022 with a result of € 4.1 million after tax. For that financial year GMM FESTIVAL recorded revenue of € 26.3 million and equity of € 28 million. Compared with financial year 2021, the result moved from € -309,203 to € 4.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2023.
€ 28 million
▲ 17% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.1 million
▲ still € 309,203 loss in 2021
Profit after tax over the fiscal year.
€ 13.2 million
▲ 67% 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 € 27.9 million.
People and assets in 2022
3.6
▲ 0.5 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 223,650
▲ 70% vs 2021
€ 62,100 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.
Debts at end 2022
None
No bank loans on the last day of the fiscal year.
€ 1.6 million
▲ € 1.2 million vs 2021
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 27 days on average.
€ 1.7 million
▲ 262% vs 2021
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Revenue | € 32,467 | € 26,254,351 | ▲ € 26.2 million |
| Profit after taxes | € -309,203 | € 4,130,988 | ▲ € 4.4 million |
| Equity | € 23,828,619 | € 27,959,607 | ▲ 17% |
| Total debts | € 18,635,325 | € 15,642,369 | ▼ 16% |
| Cash | € 7,911,696 | € 13,177,692 | ▲ 67% |
| Retained profit | € 23,810,019 | € 27,941,007 | ▲ 17% |
| Balance sheet total | € 42,463,944 | € 43,601,976 | ▲ 3% |
| Employees (FTE) | 3.1 | 3.6 | ▲ 0.5 |
Key figures of GMM FESTIVAL, 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 GMM FESTIVAL?
What happened at GMM FESTIVAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Selina Emeny stepped down as director. NBB
- Niall Dunphy stepped down as director. NBB
- New annual accounts for financial year 2022: profit of € 4.1 million. filed late Source: NBB ↗
- Paul Antonio became a director. NBB
- John Reid stepped down as director. NBB
- Live Wire became a director. NBB
- John Reid became a director. NBB
- Selina Emeny became a director. NBB
In short
From € 309,203 loss in 2021 to € 4.1 million profit in 2022.
Paid € 1.4 million in corporate taxes since 2021.
Best year ever: 2022, with € 4.1 million profit.
Pays suppliers within 27 days on average.
A new publication or filing at GMM FESTIVAL? 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
Behind GMM FESTIVAL are PE Support, Paul Antonio and Live Wire. The shares are held by Live Nation Belgium Holdings (100%).
Directors
According to the 2022 annual accounts
Director
since 2013
Paul Antonio
Director
since 2022
Director
since 2021
John Reid
Director
since 2021 · until 2022
Selina Emeny
Director
since 2021 · until 2024
Niall Dunphy
Director
since 2021 · until 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zandbergen 104
2480 Dessel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0811.589.003
- VAT number
- BE 0811.589.003
- Registered office
- Zandbergen 104, 2480 Dessel
- Names & denominations
- GMM FESTIVAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 2009
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Promotie en organisatie van scheppende en uitvoerende kunstevenementen
Promotie en organisatie van uitvoerende kunstevenementen