Live Nation

Active

Private limited companyfounded 197551 yrs activeBlarenberglaan 3A, 2800 Mechelen, BelgiumKBO/BCE: BE 0415.340.439

Live Nation has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2022 annual accounts show equity of €35.86M and a net result of €1.21M. Equity is shrinking by ~5.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2022

63 / 100

Healthy▲ +23 vs 2021

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2021

Profitability23▲+23

Solvency52▼-11

Growth61▲+39

Stability100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2M at 30 days only on tighter terms

Liquidity tight (current ratio 1.38 against 2.55 in 2021), and 71.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 90

Relative position

BE, all sectors

reference

Sector 90

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2022

Solvency, return and age of the figures

Solvency

28.2%

Return on assets

0.9%

Age of the figures

45 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-07-2025, 26 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

26 d early

2023

49 d early

2022

74 d late

2021

39 d early

2020

26 d early

2019

7 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2022, full schema

Turnover

€71.86M▲ 885%

2021 · €7.29M

2018: €48.47M 2019: €45.04M 2020: €8.19M 2021: €7.29M

2018 → 2022

EBIT margin

3.7%▲ 42.9pp

2021 · -39.2%

2018: 2.6% 2019: 0.8% 2020: -33.4% 2021: -39.2%

2018 → 2022

Net result

€1.21M

2021 · €-3.77M

2018: €1.09M 2019: €-280k 2020: €-3.82M 2021: €-3.77M

2018 → 2022

Working capital

€8.31M▼ 59.2%

2021 · €20.36M

2018: €51.04M 2019: €7.83M 2020: €8.13M 2021: €20.36M

2018 → 2022

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20182019202020212022Trend

Turnover€48.47M-€45.04M▼ 7.1%€8.19M▼ 81.8%€7.29M▼ 11.0%€71.86M▲ 885%

Equity€42.52M-€42.25M▼ 0.7%€38.42M▼ 9.0%€34.65M▼ 9.8%€35.86M▲ 3.5%

Operating result€1.28M-€374k▼ 70.7%€-2.74M€-2.86M▼ 4.4%€2.65M

Net result€1.09M-€-280k€-3.82M▼ 1,266%€-3.77M▲ 1.4%€1.21M

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2022: €2.65M after a loss of €2.86M in 2021, the highest year so far.

Balance-sheet composition

2022 in colour, 2021 as the grey bar beneath

Assets €127.33M

76.3%

23.7%

Fixed assets €97.15M▲ 0.9%

Current assets €30.18M▼ 9.8%

Equity and liabilities €127.33M

28.2%

71.8%

Equity €35.86M▲ 3.5%

Debt €91.47M▼ 3.8%

The debt ratio falls from 73.3% to 71.8%: equity grows while debt is paid down.

Key figures and ratios

2022 value · change against 2021

EBITDA

€2.79M▲

2021 · €-2.86M

Cash flow

€1.34M▲

2021 · €-3.77M

Solvency

28.2%▲

2021 · 26.7%

Current ratio

1.38▼

2021 · 2.55

Quick ratio

1.38▼

2021 · 2.55

Debt / equity

2.55▼

2021 · 2.75

ROE

3.4%▲

2021 · -10.9%

ROA

0.9%▲

2021 · -2.9%

Interest coverage

1.50▲

2021 · -1.98

Debt

€91.47M▼

2021 · €95.13M

Debt ≤ 1 year

€21.87M▲

2021 · €13.12M

Debt > 1 year

€55.50M=

2021 · €55.50M

Income taxes

€51k▲

2021 · €-132k

Staff costs

€3.32M▲

2021 · €2.48M

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2022 against 2021

Balance sheet Code20212022

Assets

Total assets20/58€129.78M€127.33M▼

Fixed assets21/28€96.30M€97.15M▲

Intangible fixed assets21-€413k

Tangible fixed assets22/27€6k€300k▲

Land and buildings22-€297k

Plant, machinery and equipment23€6k€4k▼

Financial fixed assets28€96.29M€96.43M▲

Affiliated companies280/1€96.29M€96.43M▲

Participating interests280€96.29M€96.43M▲

Current assets29/58€33.48M€30.18M▼

Amounts receivable after more than one year29€10.10M€10.13M▲

Other amounts receivable291€10.10M€10.13M▲

Amounts receivable within one year40/41€6.26M€15.13M▲

Trade receivables40€2.32M€11.10M▲

Other amounts receivable41€3.94M€4.03M▲

Cash at bank and in hand54/58€15.86M€3.48M▼

Deferred charges and accrued income490/1€1.26M€1.45M▲

Equity and liabilities

Total equity and liabilities10/49€129.78M€127.33M▼

Equity10/15€34.65M€35.86M▲

Contributions10/11€394k€394k=

Revaluation surpluses12€6k€6k=

Reserves13€6.94M€6.94M=

Non-distributable reserves130/1€32k€32k=

Reserves not available under the articles1311€32k€32k=

Tax-exempt reserves132€8k€8k=

Distributable reserves133€6.90M€6.90M=

Profit (loss) carried forward14€27.31M€28.52M▲

Amounts payable17/49€95.13M€91.47M▼

Amounts payable after more than one year17€55.50M€55.50M=

Financial debts170/4€55.50M€55.50M=

Other loans174€55.50M€55.50M=

Amounts payable within one year42/48€13.12M€21.87M▲

Trade debts44€1.80M€8.51M▲

Suppliers440/4€1.80M€8.51M▲

Taxes, remuneration and social security45€451k€720k▲

Taxes450/3-€42k

Remuneration and social security454/9€451k€678k▲

Other amounts payable47/48€10.87M€12.64M▲

Accrued charges and deferred income492/3€26.50M€14.10M▼

Income statement Code20212022

Operating income70/76A€7.55M€72.06M▲

Turnover70€7.29M€71.86M▲

Other operating income74€258k€96k▼

Non-recurring operating income76A-€109k

Operating charges60/66A€10.41M€69.41M▲

Goods for resale, raw materials and consumables60€5.59M€61.36M▲

Purchases600/8€5.59M€61.36M▲

Services and other goods61€2.33M€4.47M▲

Remuneration, social security and pensions62€2.48M€3.32M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€933€134k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-2k€117k▲

Other operating charges640/8€2k€3k▲

Operating profit (loss)9901€-2.86M€2.65M▲

Financial income75/76B€398k€464k▲

Recurring financial income75€398k€464k▲

Income from current assets751€373k€307k▼

Other financial income752/9€25k€157k▲

Financial charges65/66B€1.44M€1.86M▲

Recurring financial charges65€1.44M€1.86M▲

Debt charges650€1.44M€1.86M▲

Profit (loss) for the period before taxes9903€-3.90M€1.26M▲

Income taxes67/77€-132k€51k▲

Taxes670/3-€51k

Tax adjustments and reversals of tax provisions77€132k-

Profit (loss) for the period9904€-3.77M€1.21M▲

Profit (loss) for the period to be appropriated9905€-3.77M€1.21M▲

Appropriation of the result

Profit (loss) to be appropriated9906€27.31M€28.52M▲

Profit (loss) brought forward from the previous period14P€31.08M€27.31M▼

Social balance

Average headcount (FTE)908740.741.7▲

The notes to these accounts (56 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 2Filings 10

2025

05-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

12-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

13-10

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 74 days late

2022

31-12

Financial Back to profitnet €1.21M

Net result €1.21M after 3 loss-making years.

22-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

05-07

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

31-12

Financial Weakest financial yearnet €-3.82M

Net result drops to €-3.82M, the lowest in the series; recovery starts the following year.

24-07

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

16-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

29-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

29-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

01-07

NBB filing Annual accounts filed

fiscal year 2015 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

15 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Mechelen · 1 establishment unit since 1975

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Blarenberglaan 3A2800 Mechelen

Ground area

9,967 m²

Building footprint

916 m²

Volume, LiDAR

11,403 m³