Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2022 and 2023.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2023; threshold 65 %.
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Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
KING Music & Publishing from Westerlo, company number BE0831752036, closed financial year 2023 with a result of € -1,084 after tax. For that financial year KING Music & Publishing recorded a gross margin of € -1,788 and equity of € -40,317. Compared with financial year 2022, the result moved from € -27,870 to € -1,084. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 6, 2024.
€ -40,317
▼ € 1,084 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,084
▲ 96 % less loss than in 2022
Profit after tax over the fiscal year.
€ 6
▼ 61% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -90,317.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 4,851
▼ 15% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 13,880
▲ 3% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2020 | 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|---|
| Gross margin | € -56,835 | - | € -4,073 | € -1,788 | ▲ € 2,286 |
| Profit after taxes | € -56,835 | € -261 | € -27,870 | € -1,084 | ▲ € 26,786 |
| Equity | € -11,102 | € -11,363 | € -39,233 | € -40,317 | ▼ € 1,084 |
| Total debts | € 370,592 | € 370,642 | € 382,904 | € 383,995 | |
| Cash | € 212 | € 2 | € 15 | € 6 | ▼ 61% |
| Retained profit | € -61,102 | € -61,363 | € -89,233 | € -90,317 | ▼ € 1,084 |
| Bank debt | € 0 | € 5 | € 0 | € 0 | |
| Balance sheet total | € 359,490 | € 359,279 | € 343,671 | € 343,678 |
Key figures of KING Music & Publishing, fiscal years 2020 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 KING Music & Publishing?
What happened at KING Music & Publishing in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
KING Music & Publishing is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 1,084. filed late Source: NBB ↗
- New establishment in Diest. KBO
- Start of the company according to the CBE. KBO
In short
From € 56,835 loss in 2020 to € 1,084 loss in 2023.
Paid € 12,531 in corporate taxes since 2020.
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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 KING Music & Publishing is Hugo Marc Foets.
Directors
According to the 2023 annual accounts
Hugo Marc Foets
Director
Establishments
Establishment units
Physical locations of this company
Olenseweg 375
2260 Westerlo
Leuvensesteenweg 120A
3290 Diest
Active since 1 December 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
All companies at this address →IPANEMA
€ -1,748 gross margin · 2024
Building 375
A BOX OF IDEAS
€ 75,655 gross margin · 2023
Butlers For Business
€ 10,359 gross margin · 2025
ABP TECHNOLOGIES
€ -40,793 gross margin · 2024
+18 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0831.752.036
- VAT number
- BE 0831.752.036
- Registered office
- Olenseweg 375, 2260 Westerlo
- Names & denominations
- KING Music & Publishing
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 1 December 2010
- Peppol
- Not registered
- Activities · NACE
Promotie en organisatie van scheppende en uitvoerende kunstevenementen
Promotie en organisatie van uitvoerende kunstevenementen
Uitgeverijen van muziekopnamen
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Adviesbureaus op het gebied van public relations en communicatie