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Ostend Games

Active
Public limited companyfounded 200422 yrs activeKorte Keppestraat 23, 9320 Aalst, BelgiumKBO/BCE: BE 0866.949.277
Summary

Ostend Games has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €100,007. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 89% of 66 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability75▼-2
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140,000 at 30 days acceptable
Liquidity ample (current ratio 10.93 against 7.61 in 2024; short-term debt: 8.1% and cash: 2.9% of total assets), and 8.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 92
Relative position
BE, all sectors
reference
Gambling and betting activities (NACE 92)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
91.9%
Return on assets
5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 d early
2024
55 d early
2023
54 d early
2022
52 d early
2021
32 d early
2020
43 d early
2019
43 d 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 47 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 8 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 26 August 2004, Ostend Games was incorporated.1 The registered office moved to Haaltert in 2009, to Aalst-Erembodegem in 2016 and to Erembodegem in 2025.234 The capital was increased 3 times in 2018, most recently to EUR 841,804.567 Of the 3 current board members, Pivanto BV has served longest, since 2024.8 Revenue went from EUR 1.2 million in 2018 to EUR 657,550 in 2020 and headcount from 5 full-time equivalents in 2018 to 3.2 in 2025.9

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 12-01-2009
  3. 3Belgian State Gazette, 27-01-2016
  4. 4Belgian State Gazette, 11-06-2025
  5. 5Belgian State Gazette, 15-05-2018
  6. 6Belgian State Gazette, 29-05-2018
  7. 7Belgian State Gazette, 27-08-2018
  8. 8Belgian State Gazette, 12-11-2024
  9. 9National Bank, annual accounts 2018, 2020 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
€657,550▼ 47.3%
2019 · €1.2m
EBIT margin
19.7%▼ 7.3pp
2019 · 26.9%
Net result
€100,007▼ 25.6%
2024 · €134,390
Working capital
€1.6m▲ 3.3%
2024 · €1.6m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 92, Gambling and betting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover
Operating result€108,676▼ 16.1%€144,167▲ 32.7%€219,617▲ 52.3%€214,404▼ 2.4%€209,598▼ 2.2%
Net result€86,652within the sector's middle half▼ 16.3%€110,576within the sector's middle half▲ 27.6%€163,217above the sector's middle half▲ 47.6%€134,390above the sector's middle half▼ 17.7%€100,007within the sector's middle half▼ 25.6%
EBIT margin
Equity€1.3mabove the sector's middle half▲ 7.0%€1.4mabove the sector's middle half▲ 8.4%€1.6mabove the sector's middle half▲ 11.4%€1.7mabove the sector's middle half▲ 8.4%€1.8mabove the sector's middle half▲ 5.8%
Total assets€1.6mwithin the sector's middle half▲ 16.2%€1.6mwithin the sector's middle half▼ 0.7%€1.9mwithin the sector's middle half▲ 20.7%€2.0mabove the sector's middle half▲ 4.1%€2.0mabove the sector's middle half▼ 0.2%
Debt€277,512▲ 96.2%€156,520▼ 43.6%€321,517▲ 105%€234,653▼ 27.0%€161,295▼ 31.3%
Working capital€1.1mabove the sector's middle half▼ 0.3%€1.2mabove the sector's middle half▲ 10.3%€1.4mabove the sector's middle half▲ 16.3%€1.6mabove the sector's middle half▲ 9.4%€1.6mabove the sector's middle half▲ 3.3%
Solvency82.6%above the sector's middle half▼ 7.1pp90.1%above the sector's middle half▲ 7.5pp83.2%above the sector's middle half▼ 6.9pp86.7%above the sector's middle half▲ 3.5pp91.9%above the sector's middle half▲ 5.2pp
Current ratio5.07above the sector's middle half▼ 4.249.30above the sector's middle half▲ 4.225.41above the sector's middle half▼ 3.897.61above the sector's middle half▲ 2.2010.93above the sector's middle half▲ 3.32
Return on assets (ROA)5.4%within the sector's middle half▼ 2.1pp7.0%within the sector's middle half▲ 1.5pp8.5%within the sector's middle half▲ 1.6pp6.7%within the sector's middle half▼ 1.8pp5.0%within the sector's middle half▼ 1.7pp
Staff (FTE)4.7within the sector's middle half▲ 9.3%4.8within the sector's middle half▲ 2.1%4.4within the sector's middle half▼ 8.3%4.2within the sector's middle half▼ 4.5%3.2within the sector's middle half▼ 23.8%
above within below the middle half (P25 to P75) of NACE 92, Gambling and betting activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000Operating result 2021: €108,676€108,676Net result 2021: €86,652€86,652Operating result 2022: €144,167€144,167Net result 2022: €110,576€110,576Operating result 2023: €219,617€219,617Net result 2023: €163,217€163,217Operating result 2024: €214,404€214,404Net result 2024: €134,390€134,390Operating result 2025: €209,598€209,598Net result 2025: €100,007€100,00720212022202320242025€0€100,000€200,000Operating result 2023: €219,617€220,000Net result 2023: €163,217Operating result 2024: €214,404€214,000Net result 2024: €134,390Operating result 2025: €209,598€210,000Net result 2025: €100,007€100,000202320242025
The operating result has fallen two years in a row; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets €226,011 ▲ 9.0%
Current assets €1.8m ▼ 1.2%
Equity and liabilities €2.0m
Equity €1.8m ▲ 5.8%
Provisions €0 ▼ 100%
Debt €161,295 ▼ 31.3%
Debt's share of the balance-sheet total falls from 11.8% to 8.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€256,960▲
2024 · €251,967
Cash flow
€147,369▼
2024 · €171,953
Debt to equity
0.09▼
2024 · 0.14
ROE
5.5%▼
2024 · 7.8%
Interest coverage
289.74▼
2024 · 370.43
Debt ≤ 1 year
€161,295▼
2024 · €234,653
Income taxes
€134,973▲
2024 · €123,827
Staff costs
€185,803▼
2024 · €195,859
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.0m€2.0m▼
Fixed assets21/28€207,277€226,011▲
Tangible fixed assets22/27€132,188€150,921▲
Plant, machinery and equipment23€118,938€133,877▲
Other tangible fixed assets26€13,249€17,044▲
Financial fixed assets28€75,090€75,090=
Current assets29/58€1.8m€1.8m▼
Amounts receivable within one year40/41€1.7m€1.7m=
Trade receivables40€556-
Other amounts receivable41€1.7m€1.7m▲
Cash at bank and in hand54/58€80,989€57,462▼
Deferred charges and accrued income490/1€232€703▲
Equity and liabilities
Total equity and liabilities10/49€2.0m€2.0m▼
Equity10/15€1.7m€1.8m▲
Contributions10/11€841,804€841,804=
Capital10€841,804€841,804=
Issued capital100€841,804€841,804=
Reserves13€139,414€139,414=
Non-distributable reserves130/1€84,180€84,180=
Legal reserve130€84,180€84,180=
Distributable reserves133€55,234€55,234=
Profit (loss) carried forward14€746,443€846,450▲
Provisions and deferred taxes16€30,180-
Provisions for liabilities and charges160/5€30,180-
Other liabilities and charges164/5€30,180-
Amounts payable17/49€234,653€161,295▼
Amounts payable within one year42/48€234,653€161,295▼
Trade debts44€127,093€73,251▼
Suppliers440/4€127,093€73,251▼
Taxes, remuneration and social security45€98,479€72,894▼
Taxes450/3€81,307€52,085▼
Remuneration and social security454/9€17,172€20,809▲
Other amounts payable47/48€9,081€15,150▲
Income statement Code20242025
Remuneration, social security and pensions62€195,859€185,803▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,564€47,362▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€30,180-€30,180▼
Other operating charges640/8€351,347€394,716▲
Gross operating margin9900€829,353€807,300▼
Operating profit (loss)9901€214,404€209,598▼
Financial income75/76B€44,494€26,269▼
Recurring financial income75€44,494€26,269▼
Financial charges65/66B€680€887▲
Recurring financial charges65€680€887▲
Profit (loss) for the period before taxes9903€258,217€234,980▼
Income taxes67/77€123,827€134,973▲
Profit (loss) for the period9904€134,390€100,007▼
Profit (loss) for the period to be appropriated9905€134,390€100,007▼
Appropriation of the result
Profit (loss) to be appropriated9906€787,746€846,450▲
Profit (loss) brought forward from the previous period14P€653,356€746,443▲
Transfer to equity691/2€41,303-
To the legal reserve6920€41,303-
Social balance
Average headcount (FTE)90874.23.2▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€7----
Remuneration, social security and pensions62€116,372€214,132€248,378€195,859€185,803▼ 5.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,624€38,081€45,132€37,564€47,362▲ 26.1%
Provisions for liabilities and charges: additions (uses and reversals)635/8---€30,180-€30,180▼ 200%
Other operating charges640/8€197,828€330,409€416,826€351,347€394,716▲ 12.3%
Gross operating margin9900€442,501€726,788€929,954€829,353€807,300▼ 2.7%
Operating profit (loss)9901€108,676€144,167€219,617€214,404€209,598▼ 2.2%
Financial income75/76B€4,473€6,427€11,006€44,494€26,269▼ 41.0%
Recurring financial income75€4,473€6,427€11,006€44,494€26,269▼ 41.0%
Financial charges65/66B€576€581€2,677€680€887▲ 30.4%
Recurring financial charges65€576€581€2,677€680€887▲ 30.4%
Profit (loss) for the period before taxes9903€112,573€150,014€227,946€258,217€234,980▼ 9.0%
Income taxes67/77€25,921€39,437€64,729€123,827€134,973▲ 9.0%
Profit (loss) for the period9904€86,652€110,576€163,217€134,390€100,007▼ 25.6%
Profit (loss) for the period to be appropriated9905€86,652€110,576€163,217€134,390€100,007▼ 25.6%
Line20212022202320242025Change
Assets
Total assets20/58€1.6m€1.6m€1.9m€2.0m€2.0m▼ 0.2%
Fixed assets21/28€221,427€221,577€176,445€207,277€226,011▲ 9.0%
Tangible fixed assets22/27€146,337€146,488€101,356€132,188€150,921▲ 14.2%
Plant, machinery and equipment23€87,720€103,236€73,336€118,938€133,877▲ 12.6%
Other tangible fixed assets26€58,617€43,252€28,020€13,249€17,044▲ 28.6%
Financial fixed assets28€75,090€75,090€75,090€75,090€75,090=
Current assets29/58€1.4m€1.4m€1.7m€1.8m€1.8m▼ 1.2%
Amounts receivable within one year40/41€1.3m€1.3m€1.6m€1.7m€1.7m=
Trade receivables40€3,549€513€7,893€556--
Other amounts receivable41€1.3m€1.3m€1.6m€1.7m€1.7m▲ 0.1%
Cash at bank and in hand54/58€49,690€101,359€89,055€80,989€57,462▼ 29.0%
Deferred charges and accrued income490/1---€232€703▲ 203%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.6m€1.9m€2.0m€2.0m▼ 0.2%
Equity10/15€1.3m€1.4m€1.6m€1.7m€1.8m▲ 5.8%
Contributions10/11€841,804€841,804€841,804€841,804€841,804=
Capital10€841,804€841,804€841,804€841,804€841,804=
Issued capital100€841,804€841,804€841,804€841,804€841,804=
Reserves13€84,422€89,951€98,111€139,414€139,414=
Non-distributable reserves130/1€29,188€34,717€42,877€84,180€84,180=
Legal reserve130€29,188€34,717€42,877€84,180€84,180=
Distributable reserves133€55,234€55,234€55,234€55,234€55,234=
Profit (loss) carried forward14€393,252€498,300€653,356€746,443€846,450▲ 13.4%
Provisions and deferred taxes16---€30,180--
Provisions for liabilities and charges160/5---€30,180--
Other liabilities and charges164/5---€30,180--
Amounts payable17/49€277,512€156,520€321,517€234,653€161,295▼ 31.3%
Amounts payable within one year42/48€271,301€146,851€321,517€234,653€161,295▼ 31.3%
Trade debts44€197,146€79,672€213,857€127,093€73,251▼ 42.4%
Suppliers440/4€197,146€79,672€213,857€127,093€73,251▼ 42.4%
Taxes, remuneration and social security45€60,825€58,569€96,483€98,479€72,894▼ 26.0%
Taxes450/3€25,821€23,905€67,652€81,307€52,085▼ 35.9%
Remuneration and social security454/9€35,004€34,663€28,831€17,172€20,809▲ 21.2%
Other amounts payable47/48€13,330€8,610€11,177€9,081€15,150▲ 66.8%
Accrued charges and deferred income492/3€6,211€9,669----
Line20212022202320242025Change
Profit (loss) for the period9904€86,652€110,576€163,217€134,390€100,007▼ 25.6%
+ Depreciation and write-downs630€19,624€38,081€45,132€37,564€47,362▲ 26.1%
Operating cash flow (approximation)€106,276€148,657€208,349€171,953€147,369▼ 14.3%
Investment in fixed assets (approximation)--€38,231€0-€68,396-€66,095▲ 3.4%
Change in cash-€51,669-€12,304-€8,066-€23,527▼ 192%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
12-11
State Gazette act Resignations: Eamonn O'Loughlin (director) and KPMG Bedrijfsrevisoren (statutory auditor)
Appointment: Deloitte Bedrijfsrevisoren (statutory auditor) · Director discharge6 facts ▸
  • General meeting, 29-08-2025
  • Director resignation, Eamonn O'Loughlin (director)
  • Director discharge, Eamonn O'Loughlin (director)
  • Director resignation, KPMG Bedrijfsrevisoren (statutory auditor)
  • Director discharge, KPMG Bedrijfsrevisoren (statutory auditor)
  • Auditor appointment, Deloitte Bedrijfsrevisoren (statutory auditor)
11-06
State Gazette act Appointment: KPMG bedrijfsrevisoren (statutory auditor)
Power of attorney3 facts ▸
  • General meeting, 08-05-2024
  • Auditor appointment, KPMG bedrijfsrevisoren (statutory auditor)
  • Power of attorney, Ostend Games
11-06
State Gazette act Appointment: Pivanto BV (afgevaardigde tot het dagelijks bestuur)
Permanent representative: Philippe Joos · Registered-office move4 facts ▸
  • Board meeting, 30-01-2025
  • Director appointment, Pivanto BV (afgevaardigde tot het dagelijks bestuur (gedelegeerd bestuurder))
  • Permanent representative, Philippe Joos
  • Registered-office move, Korte Keppestraat 23, 9320 Erembodegem
06-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-11
State Gazette act Appointment: Pivanto BV (director)
Permanent representative: Philippe Joos · Mandate compensation · Power of attorney4 facts ▸
  • Director appointment, Pivanto BV (director)
  • Permanent representative, Philippe Joos
  • Mandate compensation, Pivanto BV
  • Power of attorney, Yves T'Jampens
07-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
18-04
State Gazette act Reappointment: Odds&Overlay BV (director)
Permanent representative: Tom De Clercq2 facts ▸
  • Director reappointment, Odds&Overlay BV (director)
  • Permanent representative, Tom De Clercq
2022
14-12
State Gazette act Resignation: Koen Sanders (director)
Appointment: Eamonn O'Loughlin (director) · Director discharge · Mandate compensation5 facts ▸
  • General meeting, 10-11-2022
  • Director resignation, Koen Sanders (director)
  • Director discharge, Koen Sanders
  • Director appointment, Eamonn O'Loughlin (director)
  • Mandate compensation, Eamonn O'Loughlin
29-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet €86,652 ▼16.3%
Net result drops to €86,652, the lowest in the series; recovery starts the following year.
Show earlier events
26-08
State Gazette act Resignation: EY Bedrijfsrevisoren BV (statutory auditor)
Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor) · Permanent representative: Steven Veyt · Director discharge9 facts ▸
  • General meeting, 03-06-2021
  • Director resignation, EY Bedrijfsrevisoren BV (statutory auditor)
  • Director discharge, Odds & Overlay BV (director)
  • Director discharge, EY Bedrijfsrevisoren BV (statutory auditor)
  • Auditor appointment, KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
  • Permanent representative, Steven Veyt (permanent representative)
  • Mandate compensation, KPMG Bedrijfsrevisoren BV/SRL
  • Power of attorney, Alexandra Olbrechts
  • Director discharge, Koen Sanders (director)
18-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
22-10
State Gazette act Statutes amendment
Capital3 facts ▸
  • General meeting, 29-09-2020
  • Statutes amendment
  • Capital, €841.803,51
18-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
13-02
State Gazette act Resignations: Tom De Clercq (director) and Tim de Borle (director)
Appointment: Koen Sanders (director)4 facts ▸
  • General meeting, 19-12-2019
  • Director resignation, Tom De Clercq (director)
  • Director resignation, Tim de Borle (director)
  • Director appointment, Koen Sanders (director)
2019
31-12
Financial Highest result since 2018net €225,611 ▲55.9%
Operating result €336,049, net result €225,611, both a record.
31-12
Financial Equity above €1mEq €1.1m ▲25%
2 profitable years in a row build equity to €1.1m.
28-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
27-08
State Gazette act Restructuring
Demerger · Net-asset statement · Capital increase17 facts ▸
  • General meeting, 29-06-2018
  • Demerger, Inbreng van alle activa en passiva-bestanddelen verbonden aan het Af te Splitsen Gedeelte van NOBILCO NV, omvattende de activa en passiva gerelateerd aan de aut…
  • Net-asset statement, 31-12-2017
  • Capital increase, €4.803,51
  • Share issue, new shares, 118
  • Power of attorney, OLBRECHTS Alexandra
  • Power of attorney, OLBRECHTS Alexandra
  • Power of attorney, CALLEBAUT Tim
  • Power of attorney, ALLEN & OVERY LLP
  • Power of attorney, Tom De Clercq
  • Exchange ratio, 0,79 nieuwe aandelen in OSTEND GAMES NV per 1 aandeel NOBILCO NV
  • Net-asset statement, 31-12-2017
  • +5 further facts in this act
16-08
State Gazette act Reappointment: Ernst & Young Bedrijfsrevisoren CVBA (statutory auditor)
Permanent representative: Paul Eelen2 facts ▸
  • Auditor reappointment, Ernst & Young Bedrijfsrevisoren CVBA
  • Permanent representative, Paul Eelen
24-07
State Gazette act Miscellaneous
General meeting1 fact ▸
  • General meeting, 28-06-2018
14-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
29-05
State Gazette act Capital & shares
Capital increase · Capital · Statutes amendment4 facts ▸
  • General meeting, 23-04-2018
  • Capital increase, €775.000
  • Capital, €837.000
  • Statutes amendment
15-05
State Gazette act Restructuring
Demerger · Share issue · Accounting effect6 facts ▸
  • Demerger, Afsplitsing van het Af te Splitsen Gedeelte (materieel vaste activa in de vorm van automatische kansspelen en de Samenwerkingsovereenkomst met tussenpersoonstel…
  • Share issue, Nieuwe aandelen op naam zonder vermelding van nominale waarde, identiek aan de bestaande aandelen, uitgegeven aan de enige aandeelhouder van de Partieel te Spli…
  • Accounting effect, 01-01-2018
  • Board meeting, 02-05-2018
  • Target date, 29-06-2018
  • Capital increase, €775.000
2017
27-12
State Gazette act Miscellaneous
General meeting1 fact ▸
  • General meeting, 27-11-2017
25-09
State Gazette act Resignation: Pacific Snooker Club CV (director)
Appointment: Tim De Borle (director) · Permanent representative: Tom De Clercq · Director discharge7 facts ▸
  • General meeting, 27-07-2017
  • Director resignation, Pacific Snooker Club CV (director)
  • Director discharge, Pacific Snooker Club CV
  • Director appointment, Tim De Borle (director)
  • Mandate compensation, Tim De Borle
  • Power of attorney, Allen & Overy LLP
  • Permanent representative, Tom De Clercq
28-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
18-05
State Gazette act Capital & shares · Statutes amendment
Capital · Joint representation · Board approval requirement7 facts ▸
  • General meeting, 21-02-2017
  • Capital, €62.000
  • Statutes amendment
  • Joint representation, De vennootschap wordt in rechte en ten aanzien van derden geldig vertegenwoordigd door één bestuurder van OSTEND GAMES en één bestuurder van NGG benoemd op voor…
  • Board approval requirement, Enige beslissing van de raad van bestuur met betrekking tot de Bestuursaangelegenheden (budget, strategie, financiering, investeringen, activa, overeenkomsten,…
  • Shareholder approval requirement, Enige beslissing van de algemene vergadering met betrekking tot de Aandeelhoudersaangelegenheden (statutenwijziging, warrants, aandelenklassen, quasi-inbreng, o…
  • Share characteristics, op naam, volledig volstort
10-04
State Gazette act Appointment: Odds & Overlay BVBA (director)
Permanent representative: Tom De Clercq · Reappointment: Tom De Clercq (director) · Power of attorney8 facts ▸
  • General meeting, 20-12-2016
  • Director appointment, Odds & Overlay BVBA (director)
  • Permanent representative, Tom De Clercq
  • Director reappointment, Tom De Clercq (director)
  • Board composition, CV Pacific Snooker Club (director)
  • Board composition, Tom De Clercq (director)
  • Board composition, Odds & Overlay BVBA (director)
  • Power of attorney, Ostend Games
2016
27-01
State Gazette act Appointment: BVCVBA ERNST & YOUNG (statutory auditor)
Permanent representative: Paul EELEN · Registered-office move · Statutes amendment7 facts ▸
  • General meeting, 30-12-2015
  • Registered-office move, 9320 Aalst-Erembodegem, Korte Keppestraat 23/6
  • Statutes amendment
  • Capital, €62.000
  • Auditor appointment, BVCVBA ERNST & YOUNG (statutory auditor)
  • Permanent representative, Paul EELEN
  • Representation, door één bestuurder en één vertegenwoordiger van Betco, gezamenlijk optredend
2015
29-09
State Gazette act Resignation: Mieke Michiels (gedelegeerde tot het dagelijks bestuur)
Appointment: Odds & Overlay BVBA (afgevaardigde tot het dagelijks bestuur) · Permanent representative: Tom De Clercq · Director discharge5 facts ▸
  • Board meeting, 03-09-2015
  • Director resignation, Mieke Michiels (gedelegeerde tot het dagelijks bestuur)
  • Director discharge, Mieke Michiels (gedelegeerde tot het dagelijks bestuur)
  • Director appointment, Odds & Overlay BVBA (afgevaardigde tot het dagelijks bestuur)
  • Permanent representative, Tom De Clercq
18-09
State Gazette act Resignation: Mieke Michiels (director)
Director discharge3 facts ▸
  • General meeting, 03-09-2015
  • Director resignation, Mieke Michiels (director)
  • Director discharge, Mieke Michiels (director)
27-03
State Gazette act Resignation: Aristocrat (director)
Appointment: Pacific Snooker Club (director) · Permanent representative: Marc De Guffroy · Director discharge6 facts ▸
  • General meeting, 20-02-2015
  • Director resignation, Aristocrat (director)
  • Director discharge, Aristocrat
  • Director appointment, Pacific Snooker Club (director)
  • Permanent representative, Marc De Guffroy
  • Mandate compensation, Pacific Snooker Club
2012
07-02
State Gazette act Capital & shares · Statutes amendment
Share conversion4 facts ▸
  • General meeting, 30-12-2011
  • Statutes amendment
  • Statutes amendment
  • Share conversion, 27-12-2011
2011
04-04
State Gazette act Appointment: NV Aristocrat (director)
Permanent representative: Marc De Guffroy · Mandate compensation4 facts ▸
  • General meeting, 21-03-2011
  • Director appointment, NV Aristocrat (director)
  • Permanent representative, Marc De Guffroy
  • Mandate compensation, NV Aristocrat
2010
20-10
State Gazette act Reappointments: Mieke Michiels (director and managing director) and Tom De Clercq (director)
Resignation: Daniel Verdoene (director and managing director)4 facts ▸
  • General meeting, 10-06-2010
  • Director reappointment, Mieke Michiels (director and managing director)
  • Director reappointment, Tom De Clercq (director)
  • Director resignation, Daniel Verdoene (director and managing director)
14-09
State Gazette act Appointment: Marc De Guffroy (director)
2 facts ▸
  • General meeting, 01-09-2010
  • Director appointment, Marc De Guffroy (director)
2009
12-01
State Gazette act Registered office
Registered-office move2 facts ▸
  • General meeting, 29-12-2008
  • Registered-office move, Stationsstraat 162 a te 9450 Haaltert
2006
16-10
State Gazette act Appointment: Mieke Michiels (managing director)
2 facts ▸
  • Board meeting, 25-09-2006
  • Director appointment, Mieke Michiels (managing director)
2005
01-08
State Gazette act Resignation: Wilson Maryns (director)
Appointment: Ivo Huth (director) · Director discharge4 facts ▸
  • General meeting, 12-07-2005
  • Director resignation, Wilson Maryns (director)
  • Director discharge, Wilson Maryns
  • Director appointment, Ivo Huth (director)
20-06
State Gazette act Appointments: Mieke Michiels (director) and Daniel Verdoene (managing director)
4 facts ▸
  • Board meeting, 06-05-2005
  • General meeting, 06-05-2005
  • Director appointment, Mieke Michiels (director)
  • Director appointment, Daniel Verdoene (managing director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
30 of 30 acts read

Directors · office · real estate

Directors
2 directors, 1 in day-to-day management, no change since 2025

Board 2

Pivanto BV
Director · since 02-09-2024 · Legal entity · perm. rep.: Philippe Joos
Current
Odds & Overlay BV
Director · Legal entity · perm. rep.: Tom De Clercq
Current
5 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Ivo Huth
Director · since 12-07-2005
Not recently confirmed
Marc De Guffroy
Director · since 01-09-2010
Not recently confirmed
NV Aristocrat
Director · since 21-03-2011 · Legal entity · perm. rep.: Marc De Guffroy
Not recently confirmed
Pacific Snooker Club
Director · since 20-02-2015 · Legal entity · perm. rep.: Marc De Guffroy
Not recently confirmed
ODDS & OVERLAY
Director · since 20-12-2016 · Private limited company · perm. rep.: Tom De Clercq
Not recently confirmed

Day-to-day management 1

PIVANTO
Afgevaardigde tot het dagelijks bestuur (gedelegeerd bestuurder) · since 01-02-2025 · Private limited company · perm. rep.: Philippe Joos
Current
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
ODDS & OVERLAY
Afgevaardigde tot het dagelijks bestuur · since 03-09-2015 · Private limited company · perm. rep.: Tom De Clercq
Not recently confirmed

Permanent representatives 2

Philippe Joos
Permanent representative · since 01-02-2025 · for PIVANTO
Current
Tom De Clercq
Permanent representative · for Odds & Overlay BV
Current
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Marc De Guffroy
Permanent representative · since 20-02-2015 · for Pacific Snooker Club
Not recently confirmed

Statutory auditor 1

Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
Statutory auditor · since 01-01-2025
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2004
seat establishment approximate The establishment unit on the map
Ground area
2.0 ha
Building footprint
2,189 m²
Volume, LiDAR
45,853 m³
2 parcels, Flanders · tallest building 58.8 m, ±9 floors. Linked by address, not a title deed.
62 companies at this address See who is registered here
1 establishment unit
Napoleon Games Harelbeke
Brugsesteenweg 60, 8531 HarelbekeNACE 9271002
since 20042.138.978.474
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41342B0932/00D000 Flanders 1.7 ha 1 · 2,128 m² 58.8 m · 9 fl.
34025C0692/00Y000 Flanders 2,940 m² 1 · 60 m² 0.0 m
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

19 people since 2005, 9 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Odds & Overlay BV
  • Director, already before 18-04-2023 to date
Pivanto BV
  • Director, from 02-09-2024 to date
PIVANTO
  • Afgevaardigde tot het dagelijks bestuur (gedelegeerd bestuurder), from 01-02-2025 to date
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
  • Statutory auditor, from 01-01-2025 to date
Ivo Huth
  • Director, from 12-07-2005 not ended, last confirmed 01-08-2005
Marc De Guffroy
  • Director, from 01-09-2010 not ended, last confirmed 14-09-2010
NV Aristocrat
  • Director, from 21-03-2011 not ended, last confirmed 04-04-2011
Pacific Snooker Club
  • Director, from 20-02-2015 not ended, last confirmed 27-03-2015
ODDS & OVERLAY
  • Afgevaardigde tot het dagelijks bestuur, from 03-09-2015 not ended, last confirmed 29-09-2015
  • Director, from 20-12-2016 not ended, last confirmed 10-04-2017
Eamonn O'Loughlin
  • Director, from 10-11-2022 to 01-09-2025
KPMG Réviseurs d'Entreprises
  • Statutory auditor, from 03-06-2021 to 01-01-2025
Koen Sanders
  • Director, from 19-12-2019 to 10-11-2022
Ernst et Young Reviseurs d'Entreprises
  • Auditor, from 30-12-2015 to 03-06-2021
De Borle Tim
  • Director, from 27-07-2017 to 19-12-2019
Tom De Clercq
  • Director, already before 20-10-2010 to 19-12-2019
MICHIELS Mieke
  • Director, from 06-05-2005 to 03-09-2015
  • Managing director, from 25-09-2006 to 03-09-2015
Aristocrat
  • Director, until 20-02-2015
Daniel Verdoene
  • Managing director, from 06-05-2005 to 10-06-2010
  • Director and managing director, until 10-06-2010
Wilson Maryns
  • Director, until 12-07-2005
See the board, name and seat on a given date →

Articles of association

Purpose
Alle handelingen betreffende de uitbating, verhuur, verkoop, import, export, onderhoud, en fabricatie van automaten in de ruimste zin van het woord. De verkoop, import, export…
Full purpose

Alle handelingen betreffende de uitbating, verhuur, verkoop, import, export, onderhoud, en fabricatie van automaten in de ruimste zin van het woord. De verkoop, import, export, installatie en verhuur van computers, randapparatuur, datanetwerken en toebehoren, vaste en mobiele telefoontoestellen en andere communicatie-apparatuur, en van alle hard- en software, alsmede het verstrekken van advies en bijstand op bedrijfsorganisatorisch vlak, alsmede op vlak van hard- en softwareanalyses. De volledige inrichting van woningen, kantoren of handelszaken, de verkoop, import, export, installatie en verhuur van alle soorten meubilair, decoratie- en binnenhuisartikelen, evenals van lichtreclames, reclamepanelen, elektronische displays en andere buitenmaterialen. De installatie, verkoop, verhuur, import, export van elektrische en elektronische apparaten, van elektrisch materiaal, van verwarmings- en koelingssystemen en van sanitair materiaal. De uitbating van kansspelinrichtingen, speelautomatenhallen, lunaparken, horecazaken, en andere instellingen die rechtstreeks of onrechtstreeks met ontspanning te maken hebben, alsmede de verhuur en verkoop hiervan. Het verwerven, behouden en beheren van onroerende goederen die in haar patrimonium gevallen zijn, hetzij door inbrengsten, hetzij door aanwerving, evenals de vervreemding ervan. Het beleggen van gelden, effecten en andere roerende waarden. Het beheer van dit patrimonium. Zij zal in het kader van dit beheer alle handelingen mogen stellen, met betrekking tot de verwerving, uitrusting, valorisering, bouwen en verbouwen, verhuren, terbeschikkingstelling, onderhoud, aanpassing en uitbreiding, de meubilering evenals de vervreemding ervan. De vennootschap kan ook optreden als bestuurder of als vereffenaar in andere vennootschappen. De vennootschap mag onder andere alle roerende en onroerende goederen kopen, verkopen, huren, verhuren, leasing contracten aangaan, ruilen, oprichten, doen oprichten. De vennootschap mag haar voorwerp verwezenlijken op om het even welke manier en op de wijze die haar geschikt lijkt. Zij mag in het algemeen, zowel in België als in het buitenland, alle commerciële, industriële, financiële, burgerlijke, roerende en onroerende bewerkingen doen, die rechtstreeks of onrechtstreeks geheel of gedeeltelijk betrekking hebben op haar voorwerp. Zij zal onder meer mogen deelnemen in andere vennootschappen en ondernemingen, in België of in het buitenland, die eenzelfde voorwerp, een gelijkaardig of aanverwant voorwerp nastreven of die van aard zijn haar bedrijvigheid uit te breiden of te vergemakkelijken.

Structure & network

Part of the group NGG 31 companies Group, risk and exposure

Owners and holdings

1 owner · 1 holding

Chain of control

  1. NGG 100%
  2. NAPOLEON GAMES SPORTS 100%
  3. NAPOLEON GAMES 100%
  4. Ostend Games

Highest known parent: NGG. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the 2025 annual accounts of Ostend Games and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.

Connections & network

26 connected companies
Depth
+26 companies via a shared director +26via a shareddirectorOstend Games Ostend Games0866.949.277
Shared directorsBundled connections
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
ALOHA
Shared director
→
BEPRAQ INVEST
Shared director
→
BREYDEL GAMES
Shared director
→
CAPITOLE
Shared director
→
Show 22 more companies with a shared director
COCKY'S GAMES
Shared director
→
DE CEUSTER CONTINENTAL
Shared director
→
E.C.K.
Shared director
→
→
FUTURE GAMES
Shared director
→
Gerardo
Shared director
→
iGames support
Shared director
→
JAVAS
Shared director
→
LAGAUT
Shared director
→
LE CHÂTEAU
Shared director
→
LUCKY SEVEN
Shared director
→
LUNA INVEST
Shared director
→
LUNATIM
Shared director
→
→
NAPOLEON GAMES SPORTS
Shared director
→
NEW LAFORGE
Shared director
→
NGG
Shared director
→
OLYMPIAN GAMES
Shared director
→
SNOOK
Shared director
→
Société de l'Abbaye
Shared director
→
SPEELHAL.NET
Shared director
→
Valtier Group
Shared director
→

Acquisitions and mergers

1 transaction
Split off to:NOBILCO
BE 0439.934.887partial demerger · State Gazette act of 27-08-2018 (2 acts)

Capital and shareholders

Capital over the years
  1. 22-10-2020 Capital stated in the act · 841,803.51 EUR · 618 shares
  2. 27-08-2018 Capital increase of 4,803.51 EUR · to 841,803.51 EUR · 118 new shares
  3. 27-08-2018 Capital increase of 775,000 EUR
  4. 29-05-2018 Capital increase of 775,000 EUR · to 837,000 EUR · “zonder uitgifte van nieuwe aandelen”
  5. 15-05-2018 Capital increase of 775,000 EUR
  6. 18-05-2017 Capital stated in 2 acts · 62,000 EUR · 500 shares

Subsidies and aid

Flemish government

2022 · 1 entry · 9,609 EUR awarded · 9,609 EUR paid
Year Entries awardedpaid
2022 1 9,609 EUR9,609 EUR
Schemes
1 entry · 9,609 EUR · 9,609 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Harelbeke2.138.978.474
1 permission
Toelating · Eetgelegenheid · since 16-12-2016

Similar companies · same sector, comparable size

Of 505 companies in this sector we hold annual accounts for 301. 171 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPublic limited company
Founded26-08-2004
Fiscal year end31-12
Activities, NACEBEL 2025
92000Gambling and betting activities
46900Non-specialised wholesale trade
68110Buying and selling of own real estate
93293Sports, amusement and recreation activities
Contact
Phone 053/85.82.27Harelbeke
E-invoicing
Reachable via Peppol
Peppol ID 0208:0866949277
Registered 01-08-2021

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.