HORECA GAMES SERVICES
The computed 12-month bankruptcy probability of HORECA GAMES SERVICES is 1.1% (low). The 2022 annual accounts show equity of €189k and a net result of €15k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 84% of 50 sector peers (fiscal year 2022). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €189k |
| Net result | €15k |
| Staff (FTE) | 1 |
| Better than sector | 84% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 79.5% | 35.3% | |
| Net result | €15k | €-369 | |
| Equity | €189k | €34k | |
| Gross operating margin | €205k | €42k | |
| Staff costs | €17k | €146k |
| Fiscal year | 2022 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €53k |
| Net profit | €15k |
| Cash flow | €41k |
| Staff costs | €17k |
| Income taxes | €-3k |
| Dividends | - |
| Total assets | €238k |
| Equity | €189k |
| Debt | €49k |
| of which ≤ 1y | €46k |
| of which > 1y | €3k |
| Working capital | €111k |
| Employees (FTE) | 1.0 |
| 2022 | |
|---|---|
| Current ratio | 3.41 |
| Quick ratio | 3.41 |
| Working capital ratio | 46.5% |
| Solvency | 79.5% |
| Debt / equity | 0.26 |
| Long-term debt ratio | 0.01 |
| Interest coverage | 3.39 |
| Gross margin | - |
| Net margin | - |
| ROA | 6.3% |
| ROE | 7.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €238k |
| Fixed assets | 21/28 | €81k |
| Tangible fixed assets | 22/27 | €60k |
| Financial fixed assets | 28 | €22k |
| Current assets | 29/58 | €157k |
| Amounts receivable within one year | 40/41 | €110k |
| Investments | 50/53 | €30k |
| Cash & bank | 54/58 | €15k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €238k |
| Equity | 10/15 | €189k |
| Contributions / capital | 10/11 | €34k |
| Reserves | 13 | €154k |
| Accumulated profits (losses) | 14 | €2k |
| Amounts payable | 17/49 | €49k |
| Amounts payable after one year | 17 | €3k |
| Amounts payable within one year | 42/48 | €46k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €205k |
| Operating result | 9901 | €28k |
| Financial charges | 65 | €16k |
| Result before taxes | 9903 | €12k |
| Income taxes | 67/77 | €-3k |
| Net result for the period | 9904 | €15k |
| Result to be appropriated | 9905 | €15k |
-
Current30-10-2025 → present
Former directors (2)
-
Former- → 30-10-2025
-
Former01-07-2015 → 26-05-2025
2 events
- 26-05-2025 Resigned· Director
- 01-07-2015 Appointed· Manager
| NACE primary | Activiteiten van loterijen en kansspelen(92000) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 12-05-1995 |
| Status | Active |
| Postal code | 4040 |
Parcels 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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62051D1492/00S002 | Wallonia | 1,010 m² | 1 · 140 m² | 7.9 m · 2 fl. |
| 62051D1284/00V002indicative | Wallonia | 452 m² | 1 · 223 m² | 8.7 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-10-2025 1 director appointed, 1 resigning
- Giovanni FORTUNA, Gedelegeerd bestuurder
- Franciszek KARCZEWSKI, Gedelegeerd bestuurder
Technical details
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"name": "Franciszek KARCZEWSKI",
"address": null,
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},
"evidence_quote": "LA DEMISSION DU POSTE D\u0027ADMINISTRATEUR DELEGUE FRANCISZEK KARCZEWSKI."
},
{
"kind": "director_in",
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"person": {
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"evidence_quote": "LA NOMINATION AU POSTE D\u0027ADMINISTRATEUR DELEGUE GIOVANNI FORTUNA."
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}04-09-2025 Christelle KARCZEWSKI resigns as director
- Christelle KARCZEWSKI, Bestuurder
Technical details
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"name": "Christelle KARCZEWSKI",
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"effective_date": "2025-05-26",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide \u00E0 l\u0027unanimit\u00E9 de voter la r\u00E9vocation du mandat d\u0027administrateur de Madame Christelle KARCZEWSKI avec effet au 26/05/2025."
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}01-09-2015 Christelle KARCZEWSKI appointed as manager
- Christelle KARCZEWSKI, Zaakvoerder
Technical details
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"rrn": null,
"name": "Christelle KARCZEWSKI",
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"effective_date": "2015-07-01",
"evidence_quote": "IA la majorit\u00E9 des voix, l\u0027assembl\u00E9e d\u00E9cide la nomination de Madame Christelle KARCZEWSKI, rue idu Vignoble 15 \u00E0 4130 ESNEUX d\u00E8s ce jour."
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}07-12-2012 Capital increase of €15,000 to €33,592
- €18.592 → €33.592
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 15000.0,
"currency": "EUR",
"after_eur": 33592.0,
"delta_eur": 15000.0,
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"amount_type": "kapitaal_effectief",
"effective_date": "2012-11-16",
"evidence_quote": "L\u0027assembl\u00E9e a d\u00E9cid\u00E9 d\u0027augmenter le capital \u00E0 concurrence de quinze mille euros (15.000,00 \u20AC) pour le porter de dix-huit mille cing cent nonante-deux euros (18.592,00 \u20AC) \u00E0 trente-trois mille cent nonante-deux euros (33.592,00 \u20AC) par cr\u00E9ation de six cents (600) parts sociales nouvelles... Il a ensuite d\u00E9clar\u00E9 que toutes les parts nouvelles ainsi souscrites \u00E9taient int\u00E9gralement lib\u00E9r\u00E9es par un versement de quinze mille euros (15.000,00 \u20AC) effectu\u00E9 par ses soins... conform\u00E9ment \u00E0 l\u0027article 311 du code des soci\u00E9t\u00E9s et pr\u00E9alablement \u00E0 la pr\u00E9sente assembl\u00E9e \u00E0 un compte sp\u00E9cial ouvert au nom de la soci\u00E9t\u00E9 aupr\u00E8s de la banque BNP PARIBAS FORTIS sous le num\u00E9ro BE75 0016 8415 7951 ainsi qu\u0027il r\u00E9sulte d\u0027une attestation de d\u00E9p\u00F4t en date du six novembre deux mil douze",
"contribution_type": "cash"
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | HORECA GAMES SERVICES |