Musical Rainbows
Musical Rainbows has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.41M and a net result of €8k. The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €1.41M |
| Net result | €8k |
| Active | 9 yrs |
| Locations | 1 |
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €8k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | €7k |
| Total assets | €1.41M |
| Equity | €1.41M |
| Debt | €8k |
| of which ≤ 1y | €8k |
| of which > 1y | - |
| Working capital | €319k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 43.50 |
| Quick ratio | 43.50 |
| Working capital ratio | 22.6% |
| Solvency | 99.5% |
| Debt / equity | 0.01 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 0.6% |
| ROE | 0.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | 6d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.41M |
| Fixed assets | 21/28 | €1.09M |
| Financial fixed assets | 28 | €1.09M |
| Current assets | 29/58 | €327k |
| Amounts receivable within one year | 40/41 | €198k |
| Cash & bank | 54/58 | €129k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.41M |
| Equity | 10/15 | €1.41M |
| Contributions / capital | 10/11 | €1.40M |
| Reserves | 13 | €11k |
| Amounts payable | 17/49 | €8k |
| Amounts payable within one year | 42/48 | €8k |
| Trade debts payable within one year | 44 | €529 |
| Income statement | ||
| Gross operating margin | 9900 | €-34k |
| Operating result | 9901 | €-34k |
| Financial income | 75 | €42k |
| Financial charges | 65 | €42 |
| Result before taxes | 9903 | €8k |
| Net result for the period | 9904 | €8k |
| Result to be appropriated | 9905 | €8k |
| NACE primary | - |
| Legal form | Cooperative company(706) |
| Incorporation | 05-12-2016 |
| Status | Active |
| Postal code | 8930 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34372C0251/00G000 | Flanders | 1,339 m² | 1 · 173 m² | 7.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
30-01-2024 Articles of association amended, translation of the articles, coordination of the articles and full restatement of the articles
Technical details
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"filing_date": "2024-01-26",
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"articles_modified": [
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"summary": "De vennootschap wordt tegenover derden en in rechte geldig vertegenwoordigd door twee (2) bestuurders gezamenlijk optredend, waarvan minstens \u00E9\u00E9n A-bestuurder.",
"new_text": "Zonder afbreuk te doen aan de algemene vertegenwoordigingsmacht van de Raad van Bestuur als college, wordt de vennootschap tegenover derden en in rechte geldig vertegenwoordigd door twee (2) bestuurders gezamenlijk optredend, waarvan minstens \u00E9\u00E9n A-bestuurder.\nBinnen het kader van het dagelijks bestuur, is de vennootschap geldig vertegenwoordigd door de personen aan wie het dagelijks bestuur werd ",
"change_kind": "restated",
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"person_name": "Jeroen Parmentier",
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"co_filed_documents": [
"een uitgifte van het proces-verbaal",
"de geco\u00F6rdineerde tekst van de statuten",
"verslag van het bestuursorgaan overeenkomstig artikel 6:87 Wetboek van vennootschappen en verenigingen"
],
"shareholder_rights": null,
"voorwerp_change_summary": "De vennootschap heeft tot voorwerp, zowel in Belgi\u00EB als in het buitenland, uitsluitend in eigen naam en voor eigen rekening of voor rekening van derden: 1) de werving van co\u00F6peratief kapitaal voor de oprichting, ondersteuning en/of ontwikkeling van ondernemingen in de live entertainment sector met het oog op Belgische creaties die nationaal en internationaal ge\u00EBxploiteerd worden conform de voorwaarden bepaald in het Huishoudelijk Reglement; daartoe kan ze werkingsmiddelen, onder welke vorm ook (",
"capital_structure_change": null,
"coordinated_text_lineage": null
}09-06-2023 10 directors appointed, 4 reappointed
- Frédéric Verspreeuwen, Gedelegeerd bestuurder
- Micha Van den Abeele, Gedelegeerd bestuurder
- Dieter Veestraeten, Gedelegeerd bestuurder
- Seppe Laenen, Gedelegeerd bestuurder
- Annalyne Van De Steene, Gedelegeerd bestuurder
- Toon Vangrunderbeek, Gedelegeerd bestuurder
- Melani Simonian, Gedelegeerd bestuurder
- Emily Staels, Gedelegeerd bestuurder
Technical details
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}| Legal nameNL | Musical Rainbows |