Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of FUTURE GAMES is 0.3% (very low). The 2025 annual accounts show equity of €2.71M and a net result of €348k. Equity is growing by ~13.2% per year across the filed fiscal years. The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 5 annual accounts.
Signals
2 signals · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
View the equity trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 08-06-2026 | 53 d early | 2026-00148179 |
| 31-12-2024 | 31-07-2025 | 06-06-2025 | 55 d early | 2025-00129100 |
| 31-12-2023 | 31-07-2024 | 07-06-2024 | 54 d early | 2024-00125544 |
| 31-12-2022 | 31-07-2023 | 09-06-2023 | 52 d early | 2023-00124433 |
| 31-12-2021 | 31-07-2022 | 30-06-2022 | 31 d early | 2022-20141653 |
| 31-12-2020 | 31-07-2021 | 18-06-2021 | 43 d early | 2021-21700387 |
| 31-12-2019 | 31-07-2020 | 18-06-2020 | 43 d early | 2020-18200474 |
| 31-12-2018 | 31-07-2019 | 28-06-2019 | 33 d early | 2019-28100129 |
| 31-12-2017 | 31-07-2018 | 14-06-2018 | 47 d early | 2018-19100193 |
| 31-12-2016 | 31-07-2017 | 28-07-2017 | 3 d early | 2017-38300307 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 1992, 34 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.3%
Very low
0%0,5%1,5%4%10%≥25%
Long track record
−Higher-failure-rate sector
+Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Turnover€635k
EBIT margin6.4%
Net result€348k+65.9%
Working capital€2.30M+8.6%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 08-06-2026 with the NBB · fiscal year 2025 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~13.2%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
€635k
-
20-25
€580k
+47.9%
20-25
€348k
+65.9%
20-25
€412k
+35.7%
20-25
€3.08M
+13.9%
20-25
€2.71M
+14.7%
20-25
€2.30M
+8.6%
20-25
4
-13.3%
20-25
€218k
-7.7%
20-25
€213k
+47.2%
20-25
€375k
+13.8%
20-25
€375k
+13.8%
20-25
7.12
-3.9%
20-25
7.12
-3.9%
20-25
87.8%
+0.7%
20-25
0.14
-0.9%
20-25
12.8%
+44.6%
20-25
11.3%
+45.6%
20-25
25.9%
-
20-25
17.3%
-
20-25
264.27
+99.6%
20-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €580k |
| Net profit | €348k |
| Cash flow | €412k |
| Staff costs | €218k |
| Income taxes | €213k |
| Dividends | - |
| Total assets | €3.08M |
| Equity | €2.71M |
| Debt | €375k |
| of which ≤ 1y | €375k |
| of which > 1y | - |
| Working capital | €2.30M |
| Employees (FTE) | 3.9 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 7.12 |
| Quick ratio | 7.12 |
| Working capital ratio | 74.4% |
| Solvency | 87.8% |
| Debt / equity | 0.14 |
| Long-term debt ratio | - |
| Interest coverage | 264.27 |
| Gross margin | - |
| Net margin | - |
| ROA | 11.3% |
| ROE | 12.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.08M |
| Fixed assets | 21/28 | €414k |
| Tangible fixed assets | 22/27 | €331k |
| Financial fixed assets | 28 | €83k |
| Current assets | 29/58 | €2.67M |
| Amounts receivable within one year | 40/41 | €2.63M |
| Cash & bank | 54/58 | €41k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.08M |
| Equity | 10/15 | €2.71M |
| Contributions / capital | 10/11 | €1.26M |
| Reserves | 13 | €126k |
| Accumulated profits (losses) | 14 | €1.32M |
| Amounts payable | 17/49 | €375k |
| Amounts payable within one year | 42/48 | €375k |
| Trade debts payable within one year | 44 | €221k |
| Income statement | ||
| Gross operating margin | 9900 | €1.22M |
| Operating result | 9901 | €516k |
| Financial income | 75 | €48k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €561k |
| Income taxes | 67/77 | €213k |
| Net result for the period | 9904 | €348k |
| Result to be appropriated | 9905 | €348k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed100
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
14 directorsCurrent directors & mandates
-
PIVANTOLegal entityManaging director· perm. rep.: Philippe JoosState Gazette act 25073299 (11-06-2025)Current01-02-2025 → present
-
Pivanto BVLegal entityDirector· perm. rep.: Philippe JoosState Gazette act 24160607 (12-11-2024)Current02-09-2024 → present
-
Odds & Overlay BVLegal entityDirector· perm. rep.: Tom De ClercqState Gazette act 23052419 (18-04-2023)Current18-04-2023 → present
Historic, not recently confirmed (4)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
ODDS & OVERLAYLegal entityDirector· perm. rep.: Tom De ClercqState Gazette act 17050874 (10-04-2017)Not recently confirmedlast confirmed in an act from 2017
-
La Chaumiere BVBALegal entityDirector· perm. rep.: De Nil SandraState Gazette act 12124849 (16-07-2012)Not recently confirmedlast confirmed in an act from 2012
-
Not recently confirmedlast confirmed in an act from 2010
2 events
- 15-03-2010 Mandate renewed· Director
- 15-03-2010 Appointed· Managing director
-
Not recently confirmedlast confirmed in an act from 2010
2 events
- 15-03-2010 Appointed· Director
- 15-03-2010 Appointed· Managing director
Former directors (7)
-
Former10-11-2022 → 01-09-2025
2 events
- 01-09-2025 Resigned· Director
- 10-11-2022 Appointed· Director
-
Former19-12-2019 → 10-11-2022
2 events
- 10-11-2022 Resigned· Director
- 19-12-2019 Appointed· Director
-
Former17-08-2017 → 19-12-2019
2 events
- 19-12-2019 Resigned· Director
- 17-08-2017 Mandate renewed· Director
-
Former14-01-2015 → 09-05-2019
4 events
- 09-05-2019 Resigned· Director
- 15-01-2015 Appointed· Managing director
- 14-01-2015 Appointed· Director
- 31-05-2012 Resigned· Director
-
Former- → 03-09-2013
-
Former27-01-2012 → 03-07-2012
2 events
- 03-07-2012 Resigned· Director
- 27-01-2012 Appointed· Director
-
Former- → 15-03-2010
2 events
- 15-03-2010 Resigned· Director
- 15-03-2010 Resigned· Managing director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
3 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Deloitte Bedrijfsrevisoren/Réviseurs d’EntreprisesCurrent Statutory auditor · represented by Ken Vanderstraeten |
- | 01-01-2025 → present |
| KPMG Réviseurs d'EntreprisesCurrent Statutory auditor · represented by Steven Veyt |
- | 11-06-2025 → present |
| Ernst et Young Reviseurs d'Entreprises Statutory auditor · represented by Paul Eelen succeeded by Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises in 2025 |
- | 16-08-2018 → 01-01-2025 |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Activiteiten van loterijen en kansspelen(92000) |
| Legal form | Public limited company(014) |
| Incorporation | 26-02-1992 |
| Status | Active |
| Postal code | 9320 |
Structure & network
Connections & network
32 connected companiesGroup structure
Sits on the board · 28 subsidiaries · 1 location
Control→
Sits on the board · 29 subsidiaries · 1 location
Control→
Network connections
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Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Ownership & control
2 partiesControl over this companysits on this company's board2
29 subsidiaries · 1 location
28 subsidiaries · 1 location
controls
FUTURE GAMESBE 0446.656.987
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Korte Keppestraat 239320 AalstEstablishment units
1 locationFUTURE GAMES
since 20102.190.122.022
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1.8 ha
Buildings2
Building footprint2,626 m²
Volume (LiDAR)48,669 m³
Tallest building58.8 m · ±9 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0932/00D000 | Flanders | 1.7 ha | 1 · 2,128 m² | 58.8 m · 9 fl. |
| 71009A0202/00L000 | Flanders | 982 m² | 1 · 498 m² | 7.3 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
31 acts Capital history · 5
03-10-2019
v3.2
29-05-2018
v3.2
24-02-2017
v3.2
24-02-2017
v3.2
07-02-2012
v3.2
Address history · 1
08-03-2016
v3.2
All acts · 31
updated 9 months ago
2025
12-11-2025 1 director appointed, 2 resigning
- Ken Vanderstraeten, Commissaris
- Eamonn O'Loughlin, Bestuurder
- KPMG Bedrijfsrevisoren, Commissaris
Summary:
v3.2
11-06-2025 Steven Veyt appointed as statutory auditor
11-06-2025 Philippe Joos appointed as managing director
2024
12-11-2024 Philippe Joos appointed as director
2023
18-04-2023 Tom De Clercq reappointed as director
2022
14-12-2022 1 director appointed, 1 resigning
2021
26-08-2021 1 director appointed, 1 resigning
- KPMG Bedrijfsrevisoren BV/SRL, Commissaris
- EY Bedrijfsrevisoren BV, Commissaris
Summary:
v3.2
2020
22-10-2020 Articles of association amended
Summary:
v3.2
13-02-2020 1 director appointed, 1 resigning
2019
03-10-2019 Capital decrease of €94,568.90 to €1,260,658.99
28-08-2019 Pascal Budo resigns as director
2018
27-08-2018 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
completedNotary:
Joni Soutaer · DendermondeFirm:
VAN OUDENHOVE-SOUTAER, GEASSOCIEERDE NOTARISSEN
16-08-2018 Paul Eelen reappointed as statutory auditor
24-07-2018 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
otherNotary:
Susana González Melón · Gent
29-05-2018 Capital increase of €500,000 to €1,336,071.88
15-05-2018 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
proposalNotary:
Tom De Clercq · Dendermonde
2017
27-12-2017 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
otherNotary:
Susana González Melón · Dendermonde
02-10-2017 Tom De Clercq reappointed as director
10-04-2017 Tom De Clercq appointed as director
24-02-2017 Capital increase of €336,071.88 to €336,071.88
Summary:
v3.2
First 20 of 31 acts
Analysis
Snowflake analysis
financial profile on 5 axes88
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
100
Profitability
64
Solvency
100
Growth
78
Stability
100
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Company registry
Company registry (CBE)
Crossroads BankActivities
Loterijen en kansspelen92000Activiteiten van loterijen en kansspelen92000Loterijen en kansspelen92710Detailhandel in elektrische huishoudapparaten in gespecialiseerde winkels47540Detailhandel in elektrische huishoudapparaten47540Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur52450
Primary activity highlighted.
Names & trade names
| Legal nameNL | FUTURE GAMES |
Registered office
Korte Keppestraat 23
9320 Aalst, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.