PLAY BEACH
ActiveSummary
PLAY BEACH has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24,510 and a net result of -€8,075. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 51% of 913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability5▼-76
Solvency58▼-25
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.8 against 1.53 in 2024; short-term debt: 66.9% and cash: 16.9% of total assets), and 66.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
33.1%
Return on assets
-10.9%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
1 d early
2023
43 d early
2022
29 d early
2021
4 d early
2020
10 d early
2019
2 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 12 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 27 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€24,510▼ 24.8%
2024 · €32,584
Total assets
€74,109▲ 31.7%
2024 · €56,273
Net result
-€8,075
2024 · €5,708
Working capital
-€9,977
2024 · €12,575
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€8,775▼ 58.8%€9,949▲ 13.4%€27,672▲ 178%€6,593▼ 76.2%-€7,814
Net result€12,001within the sector's middle half▼ 48.3%€14,741within the sector's middle half▲ 22.8%€25,373within the sector's middle half▲ 72.1%€5,708within the sector's middle half▼ 77.5%-€8,075within the sector's middle half
Equity€164,262within the sector's middle half▲ 7.9%€32,004within the sector's middle half▼ 80.5%€32,377within the sector's middle half▲ 1.2%€32,584below the sector's middle half▲ 0.6%€24,510within the sector's middle half▼ 24.8%
Total assets€245,463below the sector's middle half▼ 7.0%€100,246below the sector's middle half▼ 59.2%€87,066below the sector's middle half▼ 13.1%€56,273below the sector's middle half▼ 35.4%€74,109below the sector's middle half▲ 31.7%
Debt€81,200▼ 27.3%€68,243▼ 16.0%€54,690▼ 19.9%€23,689▼ 56.7%€49,599▲ 109%
Working capital€95,634within the sector's middle half▲ 29.2%-€16,774within the sector's middle half€1,100within the sector's middle half€12,575within the sector's middle half▲ 1,044%-€9,977within the sector's middle half
Solvency66.9%above the sector's middle half▲ 9.2pp31.9%within the sector's middle half▼ 35.0pp37.2%within the sector's middle half▲ 5.3pp57.9%within the sector's middle half▲ 20.7pp33.1%within the sector's middle half▼ 24.8pp
Current ratio2.18within the sector's middle half▲ 0.490.75within the sector's middle half▼ 1.421.02within the sector's middle half▲ 0.271.53within the sector's middle half▲ 0.510.80within the sector's middle half▼ 0.73
Return on assets (ROA)4.9%within the sector's middle half▼ 3.9pp14.7%above the sector's middle half▲ 9.8pp29.1%above the sector's middle half▲ 14.4pp10.1%above the sector's middle half▼ 19.0pp-10.9%below the sector's middle half▼ 21.0pp
Staff (FTE)0.1below the sector's middle half▼ 50.0%0.3below the sector's middle half▲ 200%0.1below the sector's middle half▼ 66.7%0.2below the sector's middle half▲ 100%1.5within the sector's middle half▲ 650%
above
within
below
the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7,814 after €6,593 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74,109
Fixed assets
€34,487 ▲ 72.1%
Current assets
€39,622 ▲ 9.3%
Equity and liabilities €74,109
Equity
€24,510 ▼ 24.8%
Debt
€49,599 ▲ 109%
Debt's share of the balance-sheet total rises from 42.1% to 66.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€258▼
2024 · €17,833
Cash flow
-€519▼
2024 · €16,948
Quick ratio
0.71▼
2024 · 1.43
Debt to equity
2.02▲
2024 · 0.73
ROE
-32.9%▼
2024 · 17.5%
Interest coverage
-0.48▼
2024 · 17.30
Debt ≤ 1 year
€49,599▲
2024 · €23,662
Income taxes
-€50▼
2024 · €187
Staff costs
€8,606▼
2024 · €21,851
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.7%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 5,834 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €21,336 | €21,572 | €21,851 | €8,606 | ▼ 60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,573 | €19,850 | €17,500 | €11,240 | €7,556 | ▼ 32.8% |
| Other operating charges640/8 | - | €17,147 | €12,688 | €8,937 | €14,793 | ▲ 65.5% |
| Non-recurring operating charges66A | - | - | - | - | €4,147 | - |
| Gross operating margin9900 | €46,298 | €68,283 | €79,433 | €48,621 | €27,288 | ▼ 43.9% |
| Operating profit (loss)9901 | €8,775 | €9,949 | €27,672 | €6,593 | -€7,814 | ▼ 219% |
| Financial income75/76B | - | €7,609 | €295 | €333 | €223 | ▼ 33.0% |
| Recurring financial income75 | €4,803 | €7,609 | €295 | €333 | €223 | ▼ 33.0% |
| Financial charges65/66B | - | €2,769 | €2,451 | €1,031 | €533 | ▼ 48.3% |
| Recurring financial charges65 | €1,577 | €2,769 | €2,451 | €1,031 | €533 | ▼ 48.3% |
| Profit (loss) for the period before taxes9903 | €12,001 | €14,789 | €25,517 | €5,894 | -€8,124 | ▼ 238% |
| Income taxes67/77 | - | €48 | €143 | €187 | -€50 | ▼ 127% |
| Profit (loss) for the period9904 | €12,001 | €14,741 | €25,373 | €5,708 | -€8,075 | ▼ 241% |
| Profit (loss) for the period to be appropriated9905 | €12,001 | €14,741 | €25,373 | €5,708 | -€8,075 | ▼ 241% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €245,463 | €100,246 | €87,066 | €56,273 | €74,109 | ▲ 31.7% |
| Fixed assets21/28 | €68,628 | €48,778 | €31,277 | €20,037 | €34,487 | ▲ 72.1% |
| Tangible fixed assets22/27 | €66,737 | €46,887 | €29,386 | €18,146 | €32,596 | ▲ 79.6% |
| Land and buildings22 | - | €35,969 | €22,381 | €14,036 | €25,917 | ▲ 84.7% |
| Plant, machinery and equipment23 | - | €2,352 | €775 | €217 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €7,849 | €5,691 | €3,534 | €6,499 | ▲ 83.9% |
| Other tangible fixed assets26 | - | €718 | €539 | €359 | €180 | ▼ 50.0% |
| Financial fixed assets28 | €1,891 | €1,891 | €1,891 | €1,891 | €1,891 | = |
| Current assets29/58 | €176,834 | €51,468 | €55,789 | €36,236 | €39,622 | ▲ 9.3% |
| Stocks and contracts in progress3 | €3,122 | €3,168 | €2,598 | €2,430 | €4,344 | ▲ 78.8% |
| Stocks30/36 | - | €3,168 | €2,598 | €2,430 | €4,344 | ▲ 78.8% |
| Amounts receivable within one year40/41 | €159,704 | €11,125 | €13,591 | €15,371 | €19,317 | ▲ 25.7% |
| Trade receivables40 | - | €8,379 | €578 | €6,764 | €13,555 | ▲ 100% |
| Other amounts receivable41 | - | €2,746 | €13,013 | €8,607 | €5,762 | ▼ 33.1% |
| Cash at bank and in hand54/58 | €9,204 | €29,390 | €31,947 | €15,534 | €12,522 | ▼ 19.4% |
| Deferred charges and accrued income490/1 | - | €7,785 | €7,653 | €2,901 | €3,439 | ▲ 18.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €245,463 | €100,246 | €87,066 | €56,273 | €74,109 | ▲ 31.7% |
| Equity10/15 | €164,262 | €32,004 | €32,377 | €32,584 | €24,510 | ▼ 24.8% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €145,670 | €13,412 | €13,785 | €13,992 | €5,918 | ▼ 57.7% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | €11,552 | €11,926 | €13,992 | €5,918 | ▼ 57.7% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €81,200 | €68,243 | €54,690 | €23,689 | €49,599 | ▲ 109% |
| Amounts payable within one year42/48 | €81,200 | €68,243 | €54,690 | €23,662 | €49,599 | ▲ 110% |
| Trade debts44 | €32,539 | €12,374 | €10,479 | €3,940 | €9,450 | ▲ 140% |
| Suppliers440/4 | - | €12,374 | €10,479 | €3,940 | €9,450 | ▲ 140% |
| Advances received on contracts in progress46 | - | €15,787 | €14,660 | €13,532 | €12,404 | ▼ 8.3% |
| Taxes, remuneration and social security45 | - | €4,178 | €4,344 | €689 | €1,710 | ▲ 148% |
| Taxes450/3 | - | €3,511 | €3,897 | €187 | €647 | ▲ 246% |
| Remuneration and social security454/9 | - | €667 | €447 | €502 | €1,063 | ▲ 112% |
| Other amounts payable47/48 | - | €35,904 | €25,207 | €5,500 | €26,035 | ▲ 373% |
| Accrued charges and deferred income492/3 | - | - | - | €27 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,001 | €14,741 | €25,373 | €5,708 | -€8,075 | ▼ 241% |
| + Depreciation and write-downs630 | €18,573 | €19,850 | €17,500 | €11,240 | €7,556 | ▼ 32.8% |
| Operating cash flow (approximation) | €30,574 | €34,592 | €42,874 | €16,948 | -€519 | ▼ 103% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€22,006 | - |
| Change in cash | - | €20,186 | €2,557 | -€16,413 | -€3,013 | ▲ 81.6% |
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
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 2 days late
2025
30-06
Financial
Weakest financial yearnet -€8,075
Net result drops to -€8,075, the lowest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
02-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Gent · 1 establishment unit since 1999
Ground area
3,068 m²
Building footprint
1,717 m²
Volume, LiDAR
6,884 m³
Parcel 44022A0189/00C000, Flanders · tallest building 10.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PLAY BEACH
since 19992.090.192.127
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44022A0189/00C000 | Flanders | 3,068 m² | 1 · 1,717 m² | 10.0 m · 1 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.
Structure & network
Owners and holdings
1 ownerChain of control
- STELIMAT
- PLAY BEACH
Highest known parent: STELIMAT. The sources do not say who stands above it.
Owners 1
- STELIMATparentSourceaccounts STELIMAT 2024100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.090.192.127
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Of 6,735 companies in sector 93299 we hold annual accounts for 1,169. 825 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
Founded18-11-1998
Fiscal year end30-06
Activities, NACEBEL 2025
93210Sports, amusement and recreation activities
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0464609115
Registered
07-09-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.