Equity
€483,729 from €959,900 in 2018
Equity fell by 50% in 7 years.
ALOHA
Part of the group
56 companies
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €1.0m (2009)
€224,094▼ 36.0%
lowest -€417,768 (2022)
-€384,572▼ €49,188
peak €959,900 (2018)
€483,729▲ 43.0%
€458,442▼ 20.2%
peak 9 FTE (2008)
4.8 FTE▲ 6.7%
Board14 names since 2009all names
2 directors and 1 other
Owners4 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
19-06-202642 days before the deadline
2025abbreviated format
Gross margin from €349,959 to €224,094Loss of €384,572Capital increase of €530,000 to €2,754,371.07 03-121 statutory auditor appointed, 1 director resigning, 1 resign… 10-11Appointment: (statutory auditor) 10-06Appointment: (day-to-day manager) 10-06
Key points
from the 2025 annual accountsLosses
-€2.5m in eight years
Every financial year from 2018 to 2025 closed with a loss. 2022 was the heaviest.
Investments
€202,620 1.6 × depreciation
Green is investment, beige is depreciation.
Staff
4.8 FTE from 9 in 2008
Between 2008 and 2025, 47% of the full-time equivalents disappeared.
Restructuring
2024
Branch transferred to ALOHA GAMES. Contribution on 04-07-2024.
Position in the sector
-€384,572
Lower net result than 95% of companies in gambling and betting. Sector median €35,220 · 96 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,843 companies had the same profile as ALOHA has now. Each dot stands for 15 companies, two years later.
84.3%
were still trading
13.6%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 5,843 companies, not a prediction for ALOHA. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director,
Managing director,
Auditor,
- 100%score equity €42.7m (2025) · deed of 28-10-2026
- consolidatesannual accounts 2025
Recent changes
Merger proposal: to be absorbed by NAPOLEON GAMES
NAPOLEON GAMES holds all the shares · Board meeting of 23-10-2026 · Gazette deed
Amendment of the articles
NAPOLEON GAMES holds all the shares · Capital of €1,347,555.62, 309 shares · General meeting of 03-09-2026 · Gazette deed
Capital increase of €530,000 to €2,754,371.07
Capital from €2,224,371.07 to €2,754,371.07 · Contribution: NAPOLEON GAMES · General meeting of 26-11-2025 · Gazette deed
1 statutory auditor appointed, 1 director resigning, 1 resignation
Resignations: and (statutory auditor) · Appointment: (statutory auditor) · Director discharge: · General meeting of 29-08-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ALOHA Molenbeek-Saint-Jean | €0.9m | €224,094 | 51.3% | 4.8 |
| THE FLAMINGO Anderlecht | €0.7m | €291,079 | -16.0% | 5 |
| TWIN PETROLEUM Schaerbeek | €1.1m | €547,445 | 47.4% | 5.3 |
| R.P.D. Anzegem | €0.6m | €350,600 | 47.9% | 4 |
| L'ARISTO Tintigny | €0.6m | €540,425 | 87.2% | 4.5 |
| CAPITALE GAMES Schaerbeek | €1.0m | €367,306 | 67.0% | 2 |
| MAGIC GAMING COMPANY Grimbergen | €0.9m | €606,720 | 86.8% | 6.9 |
These companies have the same main activity as ALOHA: gambling and betting activities (NACE 92000). They are comparable in size and age: total assets between €597,000 and €1.1m, founded between 1991 and 2003.
Official details
Source: KBO- Status
- Active since 20-11-1996Normal situation
- Activity
- Gambling and betting activitiesNACE 92000
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.148.518.6231600 Sint-Pieters-Leeuw, since 28-06-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 01-08-2021
Annual accounts 2025
- ≈ €580,000estimated
- €942,171▲ 1.4%
- Employeeson 31-12-2025
- 5=
- Filing
- Filed on 19-06-2026, 42 days before the end of the filing period
Companies linked to ALOHA
Parent and group
Insights on ALOHA
ALOHA files the abbreviated format. That format states no turnover. The gross margin fell from €657,476 in 2006 to €224,094 in 2025.
NAPOLEON GAMES holds all the shares.
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 ALOHA
- What is the company number of ALOHA?
- The company number of ALOHA is 0459.200.077. The VAT number is the same number with BE in front: BE 0459.200.077.
- Where is ALOHA based?
- The registered office is at Gentsesteenweg 505, 1080 Molenbeek-Saint-Jean.Company details
- What does ALOHA do?
- According to the KBO register, the main activity is gambling and betting activities (NACE 92000).
- What is the legal form of ALOHA?
- ALOHA is a public limited company (NV).
- When was ALOHA founded?
- ALOHA was founded on 20-11-1996.
- Is ALOHA still active?
- Yes, ALOHA is an active enterprise in the KBO register.
- How many employees does ALOHA have?
- ALOHA had an average of 4.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ALOHA fall under?
- In its 2025 annual accounts, ALOHA states joint committee 302 (Hotels and catering).
- What is the turnover of ALOHA?
- The turnover in financial year 2025 is ≈ €580,000. This figure is estimated from the gross margin of €224,094 and 1,392 comparable companies of the same size. It probably lies between €350,000 and €1.1m. It is a rough estimate. In financial year 2020 turnover was €493,755.
- Is ALOHA profitable?
- In financial year 2025, ALOHA made a loss of €384,572.
- Where can I find the annual accounts of ALOHA?
- ALOHA filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ALOHA due?
- ALOHA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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