INVITATION TO DECLARE DEBT – TERMS TO RESPECT

In your capacity as presumptive creditor in the bankruptcy of CVBA WAVE TO SYNTH with registered office at 9450 HAALTERT, Atomveldstraat 8 box 6, KBO 0691.739.959 pronounced by judgment of the Enterprise Court of Ghent, Dendermonde division in date of 13 August '24 , you are invited to submit your claim.

You should submit your claim, along with your supporting documents, electronically to the Central Register Solvency.

The website explains the procedure for submitting the claim.

The statute of limitation of the right to demand the admission of a claim is one year as from the bankruptcy declaration, except for the claim which is determined in intervention proceedings or a third-party action, proceeded or instituted during the liquidation.

The statute of limitation of the right to demand the admission of a claim, determined during the liquidation by another court than the court which declared the bankruptcy, is six months as from the day the court ruling has become final and conclusive.

The legal receiver

Petra Seymoens

File for bankruptcy

Dear W-Festival ticket holders,

On August 9, 2024, the festival sector will become a bit quieter. After years of struggle, the last notes have been played on the W-Festival stage, as our organization, with a heavy heart, officially will file for bankruptcy.

The W-Festival board has taken extensive steps to keep the company running, but now, just a few weeks before the start of the festival, we are faced with the heart-wrenching decision to throw in the towel.

The COVID-19 pandemic and the resulting restrictions have had a devastating impact on the event sector. Additionally, the W-Festival faced the bankruptcy of our ticket provider, Festicket, in 2022, and unfortunately, we are experiencing disappointing ticket sales in 2024, contrary to all forecasts. After years of dedication and efforts to adapt to the new circumstances, as well as various initiatives to mitigate the damage, it is no longer possible for the W-Festival to keep the organization afloat.

W-Festival would like to thank all our employees, partners, suppliers, and most importantly, you, our loyal audience, for the heartfelt support over the past years. We were, just like you, immensely looking forward to staging this 9th edition.

The company Wave to Synth will submit an application to the court and will take the necessary steps to ensure the bankruptcy proceeds in an orderly manner, in collaboration with a curator. The board states: “It is incredibly painful to conclude this musical adventure after 9 years. For now, our focus is on closing the bankruptcy properly.”