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Be-At Venues

Active Public limited companyfounded 1997active for 29 yearsSchijnpoortweg 119, 2170 AntwerpKBO/BCE: BE 0461.051.688 subsidiary of WE LOVE ENTERTAINMENT#1 company by equity in Belgium, Creative and performing arts sector
Part of the group LIVE NATION ENTERTAINMENT, INC. 6 companies in 2 countries
See the group

Lifetime

19 annual accounts with figures on one time axis, 28 filings since 1998
peak €65.6m (2025)
€65.6m▲ 12.0%
lowest -€7.4m (2020)
€10.5m▼ 7.8%
peak €58.1m (2025)
€58.1m▲ 25.9%
€79.2m▲ 2.6%
peak 97 FTE (2025)
97 FTE▲ 2.1%
Board9 names since 2019
4 directorsHERMAN SCHUEREMANS and 3 others
Owners5 names in the annual accounts
100%WE LOVE ENTERTAINMENT and 1 other
Documentsfilings and deeds
21-09-202652 days late
2025financial year
Turnover from €58.5m to €65.6mCapital increase of €1,876,913.60 to €3,922,913.60 23-124 directors appointed, 1 resignation, 1 statutory auditor rea… 18-08Equity from €46.1m to €58.1m

Key points

from the 2025 annual accounts

Growth

5 years
2019202020212022202320242025

5 years of growth in a row. Turnover 2025: €65.6m.

Payment terms

103 days to suppliers
Suppliers
121 to 103
Customers
182 to 125

Be-At Venues pays its suppliers 18 days earlier than in 2024. Customers pay 57 days earlier.

Filings

28 annual accounts since 1998
AprilJune31 JulyOctober200020102020

Three of the last ten came late. The 2025 accounts came latest: 52 days after the end of the period.

Restructuring

2026
  • 04-07-1997 founded
  • 25-06-2026 branch from TELE TICKET SERVICE

Branch taken over from TELE TICKET SERVICE. Takeover on 25-06-2026.

Position in the sector

€10.5m

Higher net result than 95% of companies in creative and performing arts. Sector median €19,823 · 298 companies.

Checked score

97
Excellent
Financially stronger than 73% of medium-sized companies in creative and performing arts (NACE 90)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 31 companies (NACE 90, medium-sized).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

67+5equity 42.0% of total assets
59=short-term debt 9.2% · cash 7.4%
86-1return on assets 7.6%

Score breakdown

raises risk
Last filed accounts filed 52 days late; 1 of the last 3 accounts late
lowers risk
Size: turnover €65.6m, 97 FTE, total assets €138.1m
Founded in 1997
Sector: Arts creation and performing arts activities (NACE 90)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, medium-sized). It does better than 47% of them on solvency, 67% on liquidity, 97% on profitability and 83% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,579 companies had the same profile as Be-At Venues has now. Each dot stands for 4 companies, two years later.

96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Be-At Venues itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,579 companies, not a prediction for Be-At Venues. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €5,600,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 8.17 (6.83 in 2024), above the usual 1.5. Short-term debt is 9.2% and cash 7.4% of total assets. However, 58% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Size: turnover €65.6m, 97 FTE, total assets €138.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 52 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
raises risk · 2025 accounts filed 52 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
52 days late
2024
14 days late
2023
1 day early
2022
3 days early
2021
54 days early
2020
58 days early
2019
41 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 90), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 52 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VU
VE UNLIMITED
Managing director, Jan VAN ESBROECK
HS
Director, since 02-08-2024
ND
Director, since 02-08-2024
PA
Director
EY
Auditor, Evelien DE GROOTE

Shares in 2 companies, CLUB ENTERTAINMENT and We Love Basketball

Board & ownership

Recent changes

Environmental permit granted Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging, Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Provincie Antwerpen
Capital increase of €1,876,913.60 to €3,922,913.60 Capital from €2,046,000 to €3,922,913.60, 75,682 new shares · Contribution of €1,876,926.49 · General meeting of 15-12-2025 · Gazette deed
Environmental permit granted Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging, Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Provincie Antwerpen
4 directors appointed, 1 resignation, 1 statutory auditor reappointed Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor) · Permanent representatives: Evelien DE GROOTE, Jan VAN ESBROECK and Herman SCHUEREMANS · Resignation: Herman SCHUEREMANS · General meeting of 02-08-2024 · Gazette deed
All 53 events

Comparable companies

same main activity, similar in size and age
Company
Be-At Venues Antwerp €65.6m 19.1% 42.0% 97
CASINO DE SPA Spa €96.6m 6.7% 61.9% 37
KINEPOLIS MEGA Brussels €45.2m 9.0% 43.4% 48.2
Paleis voor Schone Kunsten Brussels €8.9m -5.9% 73.5% 227.4
Autonoom Gemeentebedrijf Mechelen Actief in Cultuur Mechelen - - 5.9% -
Concertgebouw Brugge Bruges €5.4m -1.0% 82.1% 62.2
Kunstencentrum VIERNULVIER Ghent €4.5m -5.4% 81.4% 78.6
-10%0%10%20%€200,000€2m€20mBe-At VenuesEBIT margin

Grey: the largest companies of the sector (creative and performing arts (NACE 90)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as Be-At Venues: arts creation and performing arts activities (NACE 90311). They are comparable in size and age: total assets between €24m and €69m, founded between 1982 and 2014.

Official details

Source: KBO
Status
Active since 04-07-1997Normal situation
Registered office
16 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
Activity
Arts creation and performing arts activitiesNACE 90311and 5 others
Joint committee
100Auxiliary committee for blue-collar workers · annual accounts 2025
Establishment units
2.082.793.8962170 Antwerp, since 29-07-1997
2.230.440.6652000 Antwerp, since 01-05-2014and 3 others
Financial year end
31 December
Peppol
Reachable since 18-12-2024
Company details

Annual accounts 2025

€138.1m▲ 11.1%
Employeeson 31-12-2025
106▲ 11.6%
Filing
Filed on 21-09-2026
Financials

Companies linked to Be-At Venues

Insights on Be-At Venues

Be-At Venues has existed since 1997. Turnover fell from €51.5m in 2019 to €10.5m in 2020. The previous financial year ran 18 months, this one 12.

Turnover has grown every year since 2020.

WE LOVE ENTERTAINMENT holds all the shares. In December 2021, the Official Gazette published the appointment of VE UNLIMITED as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Be-At Venues

What is the company number of Be-At Venues?
The company number of Be-At Venues is 0461.051.688. The VAT number is the same number with BE in front: BE 0461.051.688.
Where is Be-At Venues based?
The registered office is at Schijnpoortweg 119, 2170 Antwerp.Company details
What does Be-At Venues do?
According to the KBO register, the main activity is arts creation and performing arts activities (NACE 90311).
What is the legal form of Be-At Venues?
Be-At Venues is a public limited company (NV).
When was Be-At Venues founded?
Be-At Venues was founded on 04-07-1997.
Is Be-At Venues still active?
Yes, Be-At Venues is an active enterprise in the KBO register.
How many employees does Be-At Venues have?
Be-At Venues had an average of 97 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Be-At Venues fall under?
In its 2025 annual accounts, Be-At Venues states joint committee 100 (Auxiliary committee for blue-collar workers).
What is the turnover of Be-At Venues?
The turnover of Be-At Venues was €65.6m in financial year 2025, according to the filed annual accounts.
Is Be-At Venues profitable?
In financial year 2025, Be-At Venues made a profit of €10.5m.
Where can I find the annual accounts of Be-At Venues?
Be-At Venues filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Be-At Venues due?
Be-At Venues must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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