Equity
€709,118 ▲ 45.6%
Equity rose in 2024 from €487,035 to €709,118.
DEBA SQUARE
Lifetime
18 annual accounts with figures on one time axis, 31 filings since 1993peak €2.1m (2024)
€2.1m▲ 13.0%
lowest -€175,059 (2014)
€222,084▼ 6.3%
peak €709,118 (2024)
€709,118▲ 45.6%
€666,345▼ 29.2%
peak 18.2 FTE (2018)
16.2 FTE▼ 1.8%
Board3 names since 2021
2 directorsMassimo MENEGALLI and 1 other
Owners4 names in the annual accounts
100%GPFI and 1 other
Documentsfilings and deeds
29-09-202560 days late
2024financial year
Gross margin from €1.9m to €2.1mMerger: DEBA SQUARE takes over AUTOMATIC EQUIPMENT 29-11Merger proposal: DEBA SQUARE takes over AUTOMATIC EQUIPMENT 05-08Equity from €487,035 to €709,118Debts from €941,513 to €666,345
Key points
from the 2024 annual accountsInvestments
€1.5m 18.0 × depreciation
Green is investment, beige is depreciation.
Staff
19 employees on 31-12-2024
In 2024, 70 people joined and 67 left.
Filings
31 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
At the same address
33 companies
Restructuring
2024
Merger with AUTOMATIC EQUIPMENT. Merger on 29-11-2024.
Checked score
58
Fair
Financially stronger than 83% of small companies in sports and recreation (NACE 93)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 423 companies (NACE 93, small).
About 2 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 01-2025
03-2025: 0.1%● unchanged vs 02-2025
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: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%▲ +0.1 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025highest value
11-2025: 0.1%▼ -0.2 percentage points 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 05-2026lowest value
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 02-10-2025)
lowers risk
Founded in 1993
Liquidity: current ratio 1.54, cash €472,808
Sector: Sports, amusement and recreation activities (NACE 93)
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 93, small). It does better than 73% of them on solvency, 81% on liquidity, 92% on profitability and 86% 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 31-12-2024.
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, 20,137 companies had the same profile as DEBA SQUARE has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of DEBA SQUARE itself: 0.2% 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.
| 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 20,137 companies, not a prediction for DEBA SQUARE. 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 €40,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 1.54 (1.17 in 2023), above the usual 1.5. Short-term debt is 48.4% and cash 34.4% of total assets. 48.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 60 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 filingsDeviation from the deadline
2025
not filed
2024
60 days late
2023
30 days early
2022
49 days early
2021
31 days late
2020
68 days late
2019
16 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 11 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- GPFI 100%score 58equity €48.5m (2024) · 2024 annual accounts of GPFI
- EUROPEAN AMUSEMENT 50%score 58equity €3.6m (2024) · 2024 annual accounts of EUROPEAN AMUSEMENT
Shares in 1 company, AUTOMATIC EQUIPMENT
Board & ownershipRecent changes
Merger: DEBA SQUARE takes over AUTOMATIC EQUIPMENT
Resignation: LEONARDO (director) · Appointments: Massimo MENEGALLI (director) and GPFI (director) · Permanent representative: Massimo MENEGALLI · General meeting of 14-11-2024 · Gazette deed
Environmental permit refused
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Blankenberge
Merger proposal: DEBA SQUARE takes over AUTOMATIC EQUIPMENT
The company holds all the shares of AUTOMATIC EQUIPMENT · Gazette deed
Environmental permit granted
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Oostende
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEBA SQUARE Brussels | €1.4m | €2.1m | 51.6% | 16.2 |
| Center jeux automatiques Brussels | €1.8m | €2.8m | 43.4% | 27.4 |
| SA AMUSEMENT WITH PRIZE Tintigny | €2.4m | €2.1m | 62.0% | 10.3 |
| DEN DEUGENIET Wuustwezel | €2.8m | €1.3m | 71.4% | 16 |
| KARTING DES FAGNES Couvin | €1.8m | €0.9m | 85.5% | 10.3 |
| BINGOSRENO Antwerp | €2.3m | €1.0m | -36.2% | 10.9 |
| S & S Grimbergen | €3.4m | €1.3m | 89.2% | 12.5 |
These companies have the same main activity as DEBA SQUARE: sports, amusement and recreation activities (NACE 93293). They are comparable in size and age: total assets between €1.8m and €3.4m, founded between 1981 and 2001.
Official details
Source: KBO- Status
- Active since 16-03-1993Normal situation
- Registered office
- 34 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Sports, amusement and recreation activitiesNACE 93293and 1 other
- Joint committee
- 149.04Metal trade · annual accounts 2024
- Establishment units
- 2.061.536.6448620 Nieuwpoort, since 26-04-1993
- 2.240.667.8319950 Lievegem, since 18-03-2015and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2024
- ≈ €3.7mestimated
- €1.4m▼ 3.7%
- Employeeson 31-12-2024
- 19▲ 18.8%
- Filing
- Filed on 29-09-2025
Insights on DEBA SQUARE
DEBA SQUARE has existed since 1993. The gross margin fell from €452,900 in 2013 to €98,061 in 2014, while staff rose from 2.8 to 3.8 full-time equivalents.
The gross margin has grown every year since 2020. Solvency rose in 2024 from 34.1% to 51.6% because of the retained profit and lower debts.
GPFI 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 DEBA SQUARE
- What is the company number of DEBA SQUARE?
- The company number of DEBA SQUARE is 0449.587.872. The VAT number is the same number with BE in front: BE 0449.587.872.
- Where is DEBA SQUARE based?
- The registered office is at Oorlogskruisenlaan 120, 1120 Brussels.Company details
- What does DEBA SQUARE do?
- According to the KBO register, the main activity is sports, amusement and recreation activities (NACE 93293).
- What is the legal form of DEBA SQUARE?
- DEBA SQUARE is a public limited company (NV).
- When was DEBA SQUARE founded?
- DEBA SQUARE was founded on 16-03-1993.
- Is DEBA SQUARE still active?
- Yes, DEBA SQUARE is an active enterprise in the KBO register.
- How many employees does DEBA SQUARE have?
- DEBA SQUARE had an average of 16.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does DEBA SQUARE fall under?
- In its 2024 annual accounts, DEBA SQUARE states joint committee 149.04 (Metal trade).
- What is the turnover of DEBA SQUARE?
- The turnover in financial year 2024 is ≈ €3.7m. This figure is estimated from the gross margin of €2.1m and 1,585 comparable companies of the same size. It probably lies between €2.5m and €6.0m. It is a rough estimate.
- Is DEBA SQUARE profitable?
- In financial year 2024, DEBA SQUARE made a profit of €222,084.
- Where can I find the annual accounts of DEBA SQUARE?
- DEBA SQUARE filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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