Equity
-€498,087
Debts exceed assets in financial year 2025.
PlayTreks
Lifetime
5 annual accounts with figures on one time axispeak -€21,651 (2025)
-€21,651▲ €91,635
lowest -€761,515 (2022)
€37,943▲ €155,453
peak €478,383 (2021)
-€498,087▲ €225,317
€599,513▼ 24.7%
Board6 names since 2020
3 directorsR.J. Vroegindeweij Beheer and 2 others
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
Gross margin from -€113,286 to -€21,651Back to profit: €37,943Powers of attorney: PlayTreks, Paul Ploumhans and 2 others 03-11Equity from -€723,404 to -€498,087Debts from €795,672 to €599,513Cash from €10,883 to €66,019
Key points
from the 2025 annual accountsResult
€37,943 €37,943
Back in profit in 2025, after a loss of €117,510 in 2024.
Debts
€599,513 591% of the balance sheet
After one year 71%Within one year 29%
Of this, €173,979 falls due within a year.
Filings
5 annual accounts 3 late
The 2021 accounts came latest: 407 days after the end of the period.
At the same address
178 companies
Position in the sector
-491.1%
Lower solvency than 95% of companies in advertising and market research. Sector median 53.3% · 8,617 companies.
Turnover not published (micro format)
Checked score
55
Fair
Financially stronger than 36% of micro companies in advertising and market research (NACE 73)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,231 companies (NACE 73, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.6%● unchanged vs 12-2024
02-2025: 1.6%● unchanged vs 01-2025
03-2025: 1.5%▼ -0.1 percentage points vs 02-2025
04-2025: 1.5%● unchanged vs 03-2025
05-2025: 1.5%● unchanged vs 04-2025
06-2025: 1.6%▲ +0.1 percentage points vs 05-2025
07-2025: 1.5%▼ -0.1 percentage points vs 06-2025
08-2025: 1.8%▲ +0.3 percentage points vs 07-2025
09-2025: 1.8%● unchanged vs 08-2025highest value
10-2025: 1.8%● unchanged vs 09-2025
11-2025: 1.8%● unchanged vs 10-2025
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 1.8%● unchanged vs 12-2025
02-2026: 1.8%● unchanged vs 01-2026
03-2026: 1.7%▼ -0.1 percentage points vs 02-2026
04-2026: 1.7%● unchanged vs 03-2026
05-2026: 1.7%● unchanged vs 04-2026
06-2026: 1.7%● unchanged vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 0.4%▼ -1.3 percentage points vs 07-2026lowest value
09-2026: 0.4%● unchanged vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€498,087
Founded in 2020
lowers risk
Liquidity: current ratio 0.58, cash €66,019
Size: total assets €101,425
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 73, micro). It does better than 5% of them on solvency, 36% on liquidity, 29% on profitability and 76% on growth.
The bankruptcy probability was computed on 10-11-2026 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).
Comparable companies, two years later
In July 2024, 2,180 companies had the same profile as PlayTreks has now. Each dot stands for 6 companies, two years later.
88.8%
were still trading
5.8%
stopped another way
4.8%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PlayTreks itself is lower: 0.4% within 12 months. It rests on far more data about PlayTreks than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,180 companies, not a prediction for PlayTreks. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.58 (0.2 in 2024), below 1. Short-term debt is 171.5% and cash 65.1% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 8617 sector peers (2025).
NBB · sector comparisonPosition among 8617 sector peers
Solvency
better than 5%
← 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 17-07-2026, 14 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
14 days early
2024
1 day early
2023
30 days late
2022
353 days late
2021
407 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 155 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% 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 31 August (4 of the last 5 accounts filed within 322 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Comm.V Pascal Van Hove 2,411,328 sharesdeed of 03-11-2025
- Ingris 13,949 sharesdeed of 03-11-2025
- Leon Bolier 68,655 sharesdeed of 03-11-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0749505934
1 director resigning, 3 reappointments
Resignation: BV ALM Ventures (director) · Permanent representatives: Anjo de Heus and Robbert Vroegindeweij · Reappointments: Paul Ploumhans, Matthieu De Clercq and R.J. Vroegindeweij Beheer · Board meeting of 25-08-2024 · Gazette deed
Resignation: Ingris BV (director)
Gazette deed
Capital increase of €168,038.36
131,280 new shares · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PlayTreks Hasselt | €101,425 | -€21,651 | -491.1% | - |
| Soccerimproved Riemst | €163,566 | -€6,619 | 32.7% | - |
| B.art Racing Team Aarschot | €70,936 | -€19,261 | -94.9% | - |
| BY-FLO Ixelles | €39,739 | -€1,972 | 98.6% | - |
| LBEY Management Antwerp | €42,438 | €669 | 55.9% | - |
| Latour Media Group Belgium Ixelles | €124,325 | -€148,170 | -143.1% | - |
| Vanavond Antwerp | €123,167 | €4,561 | 71.8% | - |
These companies have the same main activity as PlayTreks: media representation (NACE 73120). They are comparable in size and age: total assets between €39,700 and €164,000, founded between 2017 and 2024.
Official details
Source: KBO- Status
- Active since 29-06-2020Normal situation
- Registered office
- 179 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Media representationNACE 73120
- Establishment unit
- 2.308.665.7223500 Hasselt, since 01-11-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Annual accounts 2025
- €101,425▲ 40.3%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on PlayTreks
PlayTreks files the micro format. That format states no turnover. The gross margin rose from -€309,769 in 2021 to -€21,651 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PlayTreks
- What is the company number of PlayTreks?
- The company number of PlayTreks is 0749.505.934. The VAT number is the same number with BE in front: BE 0749.505.934.
- Where is PlayTreks based?
- The registered office is at Hendrik van Veldekesingel 150, 3500 Hasselt.Company details
- What does PlayTreks do?
- According to the KBO register, the main activity is media representation (NACE 73120).
- What is the legal form of PlayTreks?
- PlayTreks is a private limited company (BV).
- When was PlayTreks founded?
- PlayTreks was founded on 29-06-2020.
- Is PlayTreks still active?
- Yes, PlayTreks is an active enterprise in the KBO register.
- What is the turnover of PlayTreks?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is PlayTreks profitable?
- In financial year 2025, PlayTreks made a profit of €37,943.
- Where can I find the annual accounts of PlayTreks?
- PlayTreks filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PlayTreks due?
- PlayTreks must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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