Memory Games
ActiveSummary
Memory Games has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€365,856) and a net result of -€80,999. Equity is shrinking by ~82% per year across the filed fiscal years. Its solvency ranks better than 6% of 9521 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.27 against 66.66 in 2023; short-term debt: 6.5% and cash: 0.5% of total assets), but equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-110.3%
Return on assets
-24.4%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€365,856
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
15 d early
2022
60 d late
2021
25 d early
2020
17 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 31 days after 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 (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€365,856▼ 28.3%
2023 · -€285,125
Total assets
€331,543▼ 11.0%
2023 · €372,435
Net result
-€80,999▲ 33.7%
2023 · -€122,119
Working capital
€27,295▼ 42.6%
2023 · €47,591
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€12,219▲ 73.4%-€19,011▼ 55.6%-€88,179▼ 364%-€121,912▼ 38.3%-€80,622▲ 33.9%
Net result-€15,834▲ 65.5%-€19,187▼ 21.2%-€88,239▼ 360%-€122,119▼ 38.4%-€80,999▲ 33.7%
Equity-€55,579▼ 39.8%-€74,767▼ 34.5%-€163,006▼ 118%-€285,125▼ 74.9%-€365,856▼ 28.3%
Total assets€122,692▲ 18.0%€427,531▲ 248%€454,519▲ 6.3%€372,435▼ 18.1%€331,543▼ 11.0%
Debt€178,271▲ 24.0%€502,298▲ 182%€617,525▲ 22.9%€657,560▲ 6.5%€697,399▲ 6.1%
Working capital€15,599€21,268▲ 36.3%€87,975▲ 314%€47,591▼ 45.9%€27,295▼ 42.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €80,622 in 2024 against €121,912 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €331,543
Fixed assets
€282,684 ▼ 12.8%
Current assets
€48,859 ▲ 1.1%
Key figures and ratios
EBITDA
-€39,187▲
2023 · -€79,677
Cash flow
-€39,564▲
2023 · -€79,884
Solvency
-110.3%▼
2023 · -76.6%
Current ratio
2.27▼
2023 · 66.66
Quick ratio
0.50▼
2023 · 14.17
Debt to equity
-1.91▲
2023 · -2.31
ROA
-24.4%▲
2023 · -32.8%
Interest coverage
-143.32▲
2023 · -415.59
Debt ≤ 1 year
€21,564▲
2023 · €725
Debt > 1 year
€675,835▲
2023 · €656,835
Income taxes
€104▲
2023 · €16
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,282 | €14,860 | €34,184 | €42,235 | €41,435 | ▼ 1.9% |
| Other operating charges640/8 | - | €641 | €548 | €595 | €629 | ▲ 5.8% |
| Gross operating margin9900 | -€8,718 | -€3,510 | -€53,447 | -€79,082 | -€38,558 | ▲ 51.2% |
| Operating profit (loss)9901 | -€12,219 | -€19,011 | -€88,179 | -€121,912 | -€80,622 | ▲ 33.9% |
| Financial income75/76B | - | - | €175 | €0 | - | - |
| Recurring financial income75 | €28 | - | €5 | €0 | - | - |
| Non-recurring financial income76B | - | - | €170 | - | - | - |
| Financial charges65/66B | - | €93 | €143 | €192 | €273 | ▲ 42.6% |
| Recurring financial charges65 | €3,332 | €93 | €143 | €192 | €273 | ▲ 42.6% |
| Profit (loss) for the period before taxes9903 | -€15,523 | -€19,104 | -€88,147 | -€122,103 | -€80,895 | ▲ 33.7% |
| Income taxes67/77 | €311 | €84 | €92 | €16 | €104 | ▲ 555% |
| Profit (loss) for the period9904 | -€15,834 | -€19,187 | -€88,239 | -€122,119 | -€80,999 | ▲ 33.7% |
| Profit (loss) for the period to be appropriated9905 | -€15,834 | -€19,187 | -€88,239 | -€122,119 | -€80,999 | ▲ 33.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €122,692 | €427,531 | €454,519 | €372,435 | €331,543 | ▼ 11.0% |
| Fixed assets21/28 | €103,821 | €300,300 | €366,354 | €324,119 | €282,684 | ▼ 12.8% |
| Intangible fixed assets21 | €103,821 | €258,638 | €328,894 | €290,860 | €253,626 | ▼ 12.8% |
| Tangible fixed assets22/27 | - | €41,662 | €37,460 | €33,259 | €29,058 | ▼ 12.6% |
| Plant, machinery and equipment23 | - | €41,662 | €37,460 | €33,259 | €29,058 | ▼ 12.6% |
| Current assets29/58 | €18,870 | €127,231 | €88,165 | €48,316 | €48,859 | ▲ 1.1% |
| Stocks and contracts in progress3 | - | €47,499 | €74,634 | €38,041 | €38,041 | = |
| Stocks30/36 | - | €47,499 | €74,634 | €38,041 | €38,041 | = |
| Amounts receivable within one year40/41 | €12,437 | €36,550 | €7,404 | €9,665 | €9,189 | ▼ 4.9% |
| Trade receivables40 | - | €2,424 | €1,797 | - | - | - |
| Other amounts receivable41 | - | €34,125 | €5,608 | €9,665 | €9,189 | ▼ 4.9% |
| Cash at bank and in hand54/58 | €6,434 | €43,183 | €6,126 | €609 | €1,628 | ▲ 167% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €122,692 | €427,531 | €454,519 | €372,435 | €331,543 | ▼ 11.0% |
| Equity10/15 | -€55,579 | -€74,767 | -€163,006 | -€285,125 | -€365,856 | ▼ 28.3% |
| Contributions10/11 | - | €62,400 | €62,400 | €62,400 | €62,400 | = |
| Profit (loss) carried forward14 | -€117,979 | -€137,167 | -€225,406 | -€347,525 | -€428,256 | ▼ 23.2% |
| Amounts payable17/49 | €178,271 | €502,298 | €617,525 | €657,560 | €697,399 | ▲ 6.1% |
| Amounts payable after more than one year17 | €175,000 | €396,335 | €617,335 | €656,835 | €675,835 | ▲ 2.9% |
| Other amounts payable178/9 | - | €396,335 | €617,335 | €656,835 | €675,835 | ▲ 2.9% |
| Amounts payable within one year42/48 | €3,271 | €105,963 | €190 | €725 | €21,564 | ▲ 2,875% |
| Trade debts44 | - | €105,791 | - | - | €20,911 | - |
| Suppliers440/4 | - | €105,791 | - | - | €20,911 | - |
| Taxes, remuneration and social security45 | - | €172 | €190 | €725 | €653 | ▼ 9.9% |
| Taxes450/3 | - | €172 | €190 | €725 | €653 | ▼ 9.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,834 | -€19,187 | -€88,239 | -€122,119 | -€80,999 | ▲ 33.7% |
| + Depreciation and write-downs630 | €2,282 | €14,860 | €34,184 | €42,235 | €41,435 | ▼ 1.9% |
| Operating cash flow (approximation) | -€13,553 | -€4,327 | -€54,055 | -€79,884 | -€39,564 | ▲ 50.5% |
| Investment in fixed assets (approximation) | - | -€211,339 | -€100,238 | €0 | €0 | - |
| Change in cash | - | €36,749 | -€37,056 | -€5,517 | €1,019 | ▲ 118% |
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
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€122,119
Net result drops to -€122,119, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Liquidity times 387current ratio 464.66
Current ratio from 1.20 to 464.66; short-term debt falls from €105,963 to €190.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Liquidity times 11current ratio 5.77
Current ratio from 0.51 to 5.77; short-term debt falls from €49,147 to €3,271.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Putte · 1 establishment unit since 2015
Ground area
4,200 m²
Building footprint
335 m²
Volume, LiDAR
2,119 m³
Parcel 12001C0291/00M002, Flanders · tallest building 17.9 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Memory Games
since 20152.245.103.008
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12001C0291/00M002 | Flanders | 4,200 m² | 1 · 335 m² | 17.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
2022 to 2023 · 2 entries · 255 EUR awarded · 255 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 255 EUR |
| 2022 | 1 | 255 EUR | 0 EUR |
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Of 24,515 companies in sector 82990 we hold annual accounts for 9,413. 3,556 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
Founded12-05-2015
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
63920Other information service activities
64210Activities of holding companies
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.