GAME
ActiveSummary
GAME has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €594,725 and a net result of €189,088. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 1041 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98▼-2
Solvency98▲+7
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 3.03 against 2.86 in 2024; short-term debt: 26.8% and cash: 18.3% of total assets), and 26.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.2%
Return on assets
23.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
33 d early
2022
7 d early
2021
21 d early
2020
26 d late
2019
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 24 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€594,725▲ 45.4%
2024 · €409,037
Total assets
€812,336▲ 31.3%
2024 · €618,554
Net result
€189,088▼ 24.3%
2024 · €249,883
Working capital
€442,464▲ 13.4%
2024 · €390,307
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€224,149▲ 70.5%€214,662▼ 4.2%€599,195▲ 179%€321,661▼ 46.3%€235,478▼ 26.8%
Net result€124,832within the sector's middle half▲ 69.8%€149,740within the sector's middle half▲ 20.0%€448,089above the sector's middle half▲ 199%€249,883above the sector's middle half▼ 44.2%€189,088above the sector's middle half▼ 24.3%
Equity€997,104within the sector's middle half▲ 13.6%€1.1mabove the sector's middle half▲ 14.5%€1.6mabove the sector's middle half▲ 39.2%€409,037within the sector's middle half▼ 74.3%€594,725within the sector's middle half▲ 45.4%
Total assets€2.0mwithin the sector's middle half▲ 9.3%€1.3mwithin the sector's middle half▼ 35.5%€1.7mwithin the sector's middle half▲ 33.1%€618,554below the sector's middle half▼ 63.2%€812,336within the sector's middle half▲ 31.3%
Debt€960,860▲ 5.0%€120,795▼ 87.4%€90,338▼ 25.2%€209,517▲ 132%€217,611▲ 3.9%
Working capital€1.1mabove the sector's middle half▲ 19.9%€480,654within the sector's middle half▼ 55.7%€960,600above the sector's middle half▲ 99.9%€390,307within the sector's middle half▼ 59.4%€442,464within the sector's middle half▲ 13.4%
Solvency50.9%within the sector's middle half▲ 2.0pp90.4%above the sector's middle half▲ 39.5pp94.6%above the sector's middle half▲ 4.2pp66.1%within the sector's middle half▼ 28.5pp73.2%above the sector's middle half▲ 7.1pp
Current ratio9.21above the sector's middle half▼ 2.745.81above the sector's middle half▼ 3.4011.63above the sector's middle half▲ 5.822.86within the sector's middle half▼ 8.773.03within the sector's middle half▲ 0.17
Return on assets (ROA)6.4%within the sector's middle half▲ 2.3pp11.9%within the sector's middle half▲ 5.5pp26.7%above the sector's middle half▲ 14.8pp40.4%above the sector's middle half▲ 13.7pp23.3%above the sector's middle half▼ 17.1pp
Staff (FTE)3.2below the sector's middle half▲ 3.2%3.3below the sector's middle half▲ 3.1%3.1within the sector's middle half▼ 6.1%3.1within the sector's middle half=2.3below the sector's middle half▼ 25.8%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €812,336
Fixed assets
€152,261 ▲ 713%
Current assets
€660,075 ▲ 10.0%
Equity and liabilities €812,336
Equity
€594,725 ▲ 45.4%
Debt
€217,611 ▲ 3.9%
Debt's share of the balance-sheet total falls from 33.9% to 26.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€265,036▼
2024 · €331,126
Cash flow
€218,647▼
2024 · €259,348
Quick ratio
2.83▲
2024 · 2.57
Debt to equity
0.37▼
2024 · 0.51
ROE
31.8%▼
2024 · 61.1%
Interest coverage
93.62▼
2024 · 573.94
Debt ≤ 1 year
€217,611▲
2024 · €209,517
Income taxes
€51,992▼
2024 · €82,808
Staff costs
€136,910▼
2024 · €181,065
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €167,204 | €171,154 | €181,065 | €136,910 | ▼ 24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €69,017 | €54,571 | €52,823 | €9,465 | €29,558 | ▲ 212% |
| Other operating charges640/8 | - | €42,557 | €3,466 | €16,063 | €16,764 | ▲ 4.4% |
| Gross operating margin9900 | €477,884 | €478,995 | €826,637 | €528,253 | €418,710 | ▼ 20.7% |
| Operating profit (loss)9901 | €224,149 | €214,662 | €599,195 | €321,661 | €235,478 | ▼ 26.8% |
| Financial income75/76B | - | €11,565 | €2,479 | €11,606 | €8,433 | ▼ 27.3% |
| Recurring financial income75 | €6,076 | €11,565 | €2,479 | €11,606 | €8,433 | ▼ 27.3% |
| Financial charges65/66B | - | €30,391 | €2,539 | €577 | €2,831 | ▲ 391% |
| Recurring financial charges65 | €49,103 | €30,391 | €2,539 | €577 | €2,831 | ▲ 391% |
| Profit (loss) for the period before taxes9903 | €181,122 | €195,837 | €599,135 | €332,690 | €241,080 | ▼ 27.5% |
| Income taxes67/77 | €56,290 | €46,097 | €151,047 | €82,808 | €51,992 | ▼ 37.2% |
| Profit (loss) for the period9904 | €124,832 | €149,740 | €448,089 | €249,883 | €189,088 | ▼ 24.3% |
| Profit (loss) for the period to be appropriated9905 | €124,832 | €149,740 | €448,089 | €249,883 | €189,088 | ▼ 24.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €1.3m | €1.7m | €618,554 | €812,336 | ▲ 31.3% |
| Fixed assets21/28 | €740,355 | €682,056 | €629,232 | €18,730 | €152,261 | ▲ 713% |
| Tangible fixed assets22/27 | €740,355 | €682,056 | €629,232 | €13,730 | €147,261 | ▲ 973% |
| Land and buildings22 | - | €638,302 | €599,336 | - | - | - |
| Plant, machinery and equipment23 | - | €37,997 | €27,233 | €13,730 | €70,867 | ▲ 416% |
| Furniture and vehicles24 | - | €5,757 | €2,663 | - | €76,394 | - |
| Financial fixed assets28 | - | - | - | €5,000 | €5,000 | = |
| Current assets29/58 | €1.2m | €580,483 | €1.1m | €599,824 | €660,075 | ▲ 10.0% |
| Stocks and contracts in progress3 | €135,284 | €164,848 | €244,847 | €60,669 | €43,277 | ▼ 28.7% |
| Stocks30/36 | - | €164,848 | €244,847 | €60,669 | €43,277 | ▼ 28.7% |
| Amounts receivable within one year40/41 | €94,534 | €114,281 | €112,069 | €280,206 | €166,284 | ▼ 40.7% |
| Trade receivables40 | - | €82,671 | €104,117 | €280,206 | €137,950 | ▼ 50.8% |
| Other amounts receivable41 | - | €31,610 | €7,952 | - | €28,334 | - |
| Current investments50/53 | €500,000 | - | - | - | €302,122 | - |
| Cash at bank and in hand54/58 | €487,730 | €301,343 | €694,022 | €258,949 | €148,393 | ▼ 42.7% |
| Deferred charges and accrued income490/1 | - | €11 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €1.3m | €1.7m | €618,554 | €812,336 | ▲ 31.3% |
| Equity10/15 | €997,104 | €1.1m | €1.6m | €409,037 | €594,725 | ▲ 45.4% |
| Contributions10/11 | - | €608,326 | €608,326 | €62,849 | €62,849 | = |
| Reserves13 | €388,777 | €533,417 | €981,506 | €55,110 | €55,110 | = |
| Non-distributable reserves130/1 | - | €15,349 | €15,349 | - | - | - |
| Reserves not available under the articles1311 | - | €15,349 | €15,349 | - | - | - |
| Distributable reserves133 | - | €518,068 | €966,157 | €55,110 | €55,110 | = |
| Profit (loss) carried forward14 | - | - | - | €291,077 | €476,765 | ▲ 63.8% |
| Amounts payable17/49 | €960,860 | €120,795 | €90,338 | €209,517 | €217,611 | ▲ 3.9% |
| Amounts payable after more than one year17 | €805,000 | - | - | - | - | - |
| Amounts payable within one year42/48 | €132,193 | €99,829 | €90,338 | €209,517 | €217,611 | ▲ 3.9% |
| Trade debts44 | €100,604 | €67,227 | €72,371 | €95,941 | €183,152 | ▲ 90.9% |
| Suppliers440/4 | - | €67,227 | €72,371 | €95,941 | €183,152 | ▲ 90.9% |
| Taxes, remuneration and social security45 | - | €28,479 | €17,967 | €69,974 | €14,063 | ▼ 79.9% |
| Taxes450/3 | - | €17,124 | €1,047 | €52,078 | - | - |
| Remuneration and social security454/9 | - | €11,354 | €16,920 | €17,895 | €14,063 | ▼ 21.4% |
| Other amounts payable47/48 | - | €4,123 | - | €43,602 | €20,397 | ▼ 53.2% |
| Accrued charges and deferred income492/3 | - | €20,966 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €124,832 | €149,740 | €448,089 | €249,883 | €189,088 | ▼ 24.3% |
| + Depreciation and write-downs630 | €69,017 | €54,571 | €52,823 | €9,465 | €29,558 | ▲ 212% |
| Operating cash flow (approximation) | €193,849 | €204,311 | €500,912 | €259,348 | €218,647 | ▼ 15.7% |
| Investment in fixed assets (approximation) | - | €3,728 | €0 | €601,037 | -€163,089 | ▼ 127% |
| Change in cash | - | -€186,387 | €392,678 | -€435,073 | -€110,556 | ▲ 74.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Equity above €500,000Eq €594,725 ▲45.4%
7 profitable years in a row build equity to €594,725.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Highest result since 2019net €448,089 ▲199%
Operating result €599,195, net result €448,089, both a record.
30-06
Financial
Liquidity doublescurrent ratio 11.63
Current ratio from 5.81 to 11.63; short-term debt falls from €99,829 to €90,338.
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €1mEq €1.1m ▲14.5%
4 profitable years in a row build equity to €1.1m.
10-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ingelmunster · 1 establishment unit since 1984
Ground area
1.4 ha
Building footprint
2,512 m²
Volume, LiDAR
16,964 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
GAME BVBA
since 19842.057.685.942
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007A0559/00F000 | Flanders | 8,638 m² | - | - |
| 36007A0706/00R000 | Flanders | 4,915 m² | 1 · 2,512 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 53 EUR awarded · 158 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 53 EUR | 158 EUR |
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Of 981 companies in sector 25401 we hold annual accounts for 407. 276 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-06-1984
Fiscal year end30-06
Activities, NACEBEL 2025
25401Forging of metal
28150Manufacture of machinery and equipment not elsewhere classified
25530Machining of metals
66300Activities auxiliary to financial services and insurance activities
68321Property management for co-owned buildings (syndics)
70200Business and other management consultancy
71112Activities of interior architects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0425867612
Registered
26-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.