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NAPOLEON GAMES

Active
Public limited companyfounded 1983active for 42 yearsGentsesteenweg 505, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0424.851.684
Summary

NAPOLEON GAMES has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42.7m and a net result of €2.6m. Equity is shrinking by about 4% per year across the filed financial years. Its solvency ranks better than 16% of 57 sector peers (NACE 92, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Gambling and betting activities
NACE 92000
2nd largest company by total assets in Sint-Jans-Molenbeek, Arts, sports and recreation sector2 sites
Size
€29.4moperating revenue 2025
Staff
57.3 FTE
Equity
€42.7m
Profit
€2.6m
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
NAPOLEON GAMES SPORTS · 100%
Holdings
25
  • RATED HIT BVDirector
  • PIVANTOManaging director · permanent representative Philippe Joos
  • Zion ManagementDirector · permanent representative Ziggy Pruvoost
Auditor: Deloitte Bedrijfsrevisoren/Réviseurs d’EntreprisesAccounts 50 days early
Why 92lowers riskFounded in 1983Liquidity: current ratio 0.36, cash €17.7mSize: turnover €906,695, 57.3 FTE, total assets €100.8mEquity €42.7m (42.4% of total assets)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 36% of its sector peers (NACE 92)
Financial strength · tick = 2024
Strong
Solvency 67+4
equity 42.4% of total assets
Liquidity 42+11
short-term debt 57.2% · cash 17.5%
Profitability 81+78
return on assets 2.5%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14 companies, NACE 92, medium-sized)
Last 24 months 11-2024: 0.5%highest value 12-2024: 0.5%● unchanged vs 11-2024highest value 01-2025: 0.5%● unchanged vs 12-2024highest value 02-2025: 0.3%▼ -0.2 percentage points vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: < 0.1%▼ -0.3 percentage points vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.36, compared with 0.34 in 2024, below 1; short-term debt: 57.2% and cash: 17.5% of total assets), and 57.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 92): better than 24% on solvency, 29% on liquidity, 63% on profitability and 30% on growth.

The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 1983
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 0.36, cash €17.7m
NBB · annual accounts
lowers risk · Size: turnover €906,695, 57.3 FTE, total assets €100.8m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €42.7m (42.4% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 57 sector peers (2025).
NBB · sector comparison
Position among 57 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
50 days early
2024
30 days early
2023
20 days early
2022
47 days early
2021
32 days early
2020
44 days early
2019
45 days 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 38 days before the deadline; the sector median (NACE 92) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Back to profitnet €2.6m
  3. Appointment: Zion Management BV (director)Permanent representative: Ziggy Pruvoost

Key points

  • Caution: Turnover fell in 2025from €25.4m to €906,695 ▼ 96.4% View
  • Positive: Among the best 7% on equitysector median €1.6m · 57 companies €42.7m View
  • Controlled by NAPOLEON GAMES SPORTSultimately: SB Lux TopCo S.à.r.l 100% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • New directorlatest change 10-11-2025 · 3 in office 1 joined View

By topic

Financials

Financial year
2025
Turnover
€906,695
Profit
€2.6m
Solvency
42.4%
Turnover▼ 96.4%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
NAPOLEON GAMES SPORTS · 100%
Auditor
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
  • RATED HIT BVDirector
  • PIVANTOManaging director
  • Zion ManagementDirector
Go to Board & ownership

Network & group

Group
SB Lux TopCo S.à.r.l
Subsidiaries
24
Holdings
25
Connected companies
7

25 holdings

Go to Network & group

Timeline

Events
82
Since
1985
Next accounts
by 31-07-2027
  1. 03-12-2025Capital & shares · Amendment of the…
  2. 10-11-2025Resignations: Eamonn O'Loughlin (director) and KPMG Bedrijfsrevisoren…
  3. 01-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Gambling and betting activitiesNACE 92000
Founded
29-11-1983
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
3
Purpose
“De handel, onder al zijn vormen, van café- en gezelschapsspelen, kansspelen en meer in het…” (deed in Dutch)
Go to Articles of association

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