Bankrupt · Opening faillissement (CBE)
GALAXY STUDIOS GROUP logo

GALAXY STUDIOS GROUP

BE0827774838

Rechtspersoon Public limited company 1 establishment

GALAXY STUDIOS GROUP is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”. Also registered: recording studio, PR agency. Public Limited, started on 12 July 2010, 1 establishment.

Kievitstraat 42, 2400 Mol galaxystudios.com 014/31.43.43 [email protected]

Start date

12 July 2010

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2021 and 2022.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

GALAXY STUDIOS GROUP from Mol, company number BE0827774838, closed financial year 2022 with a result of € -973,968 after tax. For that financial year GALAXY STUDIOS GROUP recorded a gross margin of € -353,206 and equity of € 1.2 million. Compared with financial year 2021, the result moved from € -76,802 to € -973,968. 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 August 31, 2023.

What it is worth Healthy

€ 1.2 million

▼ 44% vs 2021

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

Loss Caution

€ -973,968

▼ 1168 % more loss than in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 4,877

▼ 16% vs 2021

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 € -884,384.

People and assets in 2022

Full-time equivalents

4.3

▼ 0.2 vs 2021

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

Wage cost

€ 151,369

▲ 31% vs 2021

€ 35,200 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

€ 6,596

▼ 31% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt

€ 2 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 132,967

▼ 77% vs 2021

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

Taxes and wages

€ 53,718

▼ 66% vs 2021

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 278,678 € -353,206 ▼ € 631,884
Profit after taxes € -76,802 € -973,968 ▼ € 897,166
Equity € 2,189,583 € 1,215,616 ▼ 44%
Total debts € 4,560,255 € 4,742,228 ▲ 4%
Cash € 5,832 € 4,877 ▼ 16%
Retained profit € 89,583 € -884,384 ▼ € 973,968
Bank debt € 2,040,000 € 2,040,000
Balance sheet total € 6,749,838 € 5,957,844 ▼ 12%
Employees (FTE) 4.5 4.3 ▼ 0.2

Key figures of GALAXY STUDIOS GROUP, 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 GALAXY STUDIOS GROUP?

What happened at GALAXY STUDIOS GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

GALAXY STUDIOS GROUP is active according to the CBE. Legal situation: Opening faillissement.

  • Guido VAN BAELEN stepped down as director. NBB
  • Wilfried VAN BAELEN stepped down as director. NBB
  • New annual accounts for financial year 2022: loss of € 973,968. filed late Source: NBB ↗
  • Guido VAN BAELEN became a director. NBB
  • Wilfried VAN BAELEN became a director. NBB
  • New establishment in Mol. KBO
  • Start of the company according to the CBE. KBO

In short

From € 76,802 loss in 2021 to € 973,968 loss in 2022.

Paid € 6,476 in corporate taxes since 2021.

On average € 61,900 of value added per employee in 2021.

Management

GALAXY STUDIOS GROUP

It owns 100% of Mollywood Live, 100% of Zilvermeer Productions, 100% of Mollywood, 98.7% of Galaxy Studios and 25% of Anchorage Entertainment itself.

Directors

According to the 2022 annual accounts

Guido VAN BAELEN

Managing director

since 2022 · until 2028

Wilfried VAN BAELEN

Managing director

since 2022 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Kievitstraat 42

2400 Mol

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0827.774.838
VAT number
BE 0827.774.838
Registered office
Kievitstraat 42, 2400 Mol
Names & denominations
GALAXY STUDIOS GROUP
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
12 July 2010
Peppol
Active · Active since 29 May 2026
Activities · NACE

Overige zakelijke dienstverlening, neg

Uitgeverijen van muziekopnamen

Geluidsopnamestudio's

Activiteiten van adviesbureaus op het gebied van public relations en communicatie

Activiteiten op het gebied van de distributie van films en video’s

Adviesbureaus op het gebied van public relations en communicatie

Frequently asked questions

What does GALAXY STUDIOS GROUP do?
GALAXY STUDIOS GROUP is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”. Also registered: recording studio, PR agency. Public Limited, started on 12 July 2010, 1 establishment.
What is the address of GALAXY STUDIOS GROUP?
The registered office of GALAXY STUDIOS GROUP is located at Kievitstraat 42, 2400 Mol.
Is GALAXY STUDIOS GROUP still active?
No. The CBE lists GALAXY STUDIOS GROUP 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 GALAXY STUDIOS GROUP registered on Peppol?
Yes, GALAXY STUDIOS GROUP is registered on the Peppol network with ID 0208:0827774838.
What is the enterprise number of GALAXY STUDIOS GROUP?
The enterprise number of GALAXY STUDIOS GROUP is BE0827774838.
When was GALAXY STUDIOS GROUP founded?
GALAXY STUDIOS GROUP was founded on 12 July 2010.