HQ1
ActiveSummary
HQ1 has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€98.8m) and a net result of -€81.7m. Equity is growing by about 36% per year across the filed financial years. Its solvency ranks better than 7% of 1,164 sector peers (NACE 82, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Group and network
Holdings and subsidiaries
12 holdings · 26 subsidiaries in the treeHoldings 12
Source for every holding own accounts 2025
- ARDENT BETTINGsubsidiaryEquity €145,239Result €2,026100%
- ARDENT CASINO INTERNATIONALsubsidiaryEquity €40.9mResult €4.6m100%
- BSMANAGEMENTsubsidiaryEquity €1.3mResult -€18.7m100%
- CASINO DE SPAsubsidiaryEquity €17.5mResult €3.5m100%
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100%
- CORTEX HOLDINGsubsidiaryEquity €20.4mResult €4.6m100%
- GAMBLING MANAGEMENTsubsidiaryEquity €15.9mResult €3.0m100%
- GAMBLING REAL ESTATEsubsidiaryEquity €5.0mResult €129,561100%
- NAMUR CASINO RESORTsubsidiaryEquity €6.5mResult -€53,561100%
- PROCURE1subsidiaryEquity €432,485Result €5100%
Show 2 more holdings
- SLOTSsubsidiaryEquity €3.3mResult €3,445100%
- CIRCUS SALONESESEquity -€4.3mResult -€181,92716.31%
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
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100%
All subsidiaries, including indirect ones 26
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- ARDENT BETTING 100%
ARDENT CASINO INTERNATIONAL 100%2 subsidiaries
- CIRCUS CASINO FRANCEFR 100%
- CIRCUS SALONESES 83.69%
BSMANAGEMENT 100%1 subsidiary
- STARDUWEB HOLDING 100%
CASINO DE SPA 100%1 subsidiary
- CASINO DAVOS AGCH 89.74%
CIRCUS BELGIUM 100%5 subsidiaries
- GAMES SERVICES 100%
- OLYMPIAN WALLONIE 100%
- PARC D'ATTRACTION LIEGEOIS 100%
- PRES CARATS SPORTS 100%
- ROYAL NAMUR 100%
CORTEX HOLDING 100%3 subsidiaries
- BETCA BVNL 100%
- Gaming1 INCUS 100%
- VISION GAMING HOLDING LTDMT 100%
- GAMBLING MANAGEMENT 100%
- GAMBLING REAL ESTATE 100%
- NAMUR CASINO RESORT 100%
- PROCURE1 100%
According to the 2025 annual accounts of HQ1 and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.