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NAPOLEON GAMES

Active
Public limited companyfounded 1983active for 42 yearsGentsesteenweg 505, 1080 Molenbeek-Saint-Jean, 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, of which €1.4m non-recurring income. Equity shrank by about 0.2% per year on average since 2018. In 2025 it rose by 11.7%. Its solvency ranks better than 16% of 58 sector peers (NACE 92, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 29-11-1983 Normal situation
Activity
Gambling and betting activities NACE 92000and 2 others
Joint committees
200 Auxiliary committee for white-collar workers
302 Hotels and catering · annual accounts 2025
Establishment units
2.175.187.287 3600 Genk, since 07-01-2009
2.259.619.255 9320 Aalst, since 30-03-2016
Financial year end
31 December
Peppol
Reachable since 15-06-2021

Board and ownership

Board
  • PIVANTOManaging director · permanent representative Philippe Joos
  • ODDS & OVERLAYDirector · since 20-12-2016 · permanent representative Tom De Clercq
  • Zion ManagementDirector · since 10-11-2025 · permanent representative Ziggy Pruvoost
Shareholders
  • NAPOLEON GAMES SPORTS· score 92annual accounts 2025
  • SB Lux TopCo S.à.r.lannual accounts 2025

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€906,695
▼ 96.4%
Operating revenue
€29.4m
▼ 38.0%
Profit
€2.6m
Equity
€42.7m
▲ 11.7%
Total assets
€100.8m
=
Employees on 31-12-2025
57
▲ 1.8%
Score breakdownlowers 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 stronger than 36% of companies in gambling and betting (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 within 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 12-2024: 0.5%highest 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 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.36 (0.34 in 2024), below 1. Short-term debt is 57.2% and cash 17.5% of total assets. 57.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 24% of them on solvency, 29% on liquidity, 63% on profitability and 30% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

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The scores and ratios are Checked's own calculations, not a credit decision.

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 the company's 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 the company's profile.
NBB · annual accounts
lowers risk · Equity €42.7m (42.4% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 58 sector peers (2025).
NBB · sector comparison
Position among 58 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

The company filed its last 7 accounts on average 38 days before the deadline. In the sector (NACE 92), the median for financial year 2024 was 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 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Turnover fell in 2025from €25.4m to €906,695 ▼ 96.4% View
  • Positive: More equity than 93% of companies in gambling and bettingsector median €1.6m · 58 companies €42.7m 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

Recent changes

  1. · Gazette deed Merger proposal: NAPOLEON GAMES takes over FUTURE GAMESThe company holds all the shares of FUTURE GAMES · Name clause: FUTURE GAMES · Name clause: NAPOLEON GAMES
  2. · Gazette deed Appointment: Zion Management BV (director)Permanent representative: Ziggy Pruvoost
  3. · Gazette deed Capital increase of €1,900,000 to €6,327,838.45Capital from €4,427,838.45 to €6,327,838.45 · Contribution: NAPOLEON GAMES SPORTS
All 51 events

Companies linked to NAPOLEON GAMES

Comparable companies

These companies have the same main activity as NAPOLEON GAMES: gambling and betting activities (NACE 92000). They are comparable in size and age: total assets between €10m and €58m, founded between 1989 and 1998.

CompanyTotal assetsTurnover
NAPOLEON GAMES Molenbeek-Saint-Jean€100.8m€0.9m
GOLDEN PALACE WATERLOO Brussels€12.9m-
B en M Lievegem€10.5m€1.2m
CIRCUS BELGIUM Liège€50.6m€45.6m
CHAUDFONTAINE LOISIRS Chaudfontaine€58.0m€109.0m
IMMO CIRCUS WALLONIE Liège€12.9m-
CASINO DE SPA Spa€28.2m€96.6m
Full comparison

Key facts about NAPOLEON GAMES

What is the company number of NAPOLEON GAMES?
The company number of NAPOLEON GAMES is 0424.851.684. The VAT number is the same number with BE in front: BE 0424.851.684.
Where is NAPOLEON GAMES based?
The registered office is at Gentsesteenweg 505, 1080 Molenbeek-Saint-Jean.Company details
What does NAPOLEON GAMES do?
According to the KBO register, the main activity is gambling and betting activities (NACE 92000).
What is the legal form of NAPOLEON GAMES?
NAPOLEON GAMES is a public limited company (NV).
When was NAPOLEON GAMES founded?
NAPOLEON GAMES was founded on 29-11-1983.
Is NAPOLEON GAMES still active?
Yes, NAPOLEON GAMES is an active enterprise in the KBO register.
How many employees does NAPOLEON GAMES have?
NAPOLEON GAMES had an average of 57.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does NAPOLEON GAMES fall under?
In its 2025 annual accounts, NAPOLEON GAMES states joint committees 200 (Auxiliary committee for white-collar workers) and 302 (Hotels and catering).
What is the turnover of NAPOLEON GAMES?
The turnover of NAPOLEON GAMES was €906,695 in financial year 2025, according to the filed annual accounts.
Is NAPOLEON GAMES profitable?
In financial year 2025, NAPOLEON GAMES made a profit of €2.6m.
Where can I find the annual accounts of NAPOLEON GAMES?
NAPOLEON GAMES filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NAPOLEON GAMES due?
NAPOLEON GAMES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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