PLYGAMES ONE
Open bankruptcyA bankruptcy procedure is open for PLYGAMES ONE according to publications in the Belgian State Gazette; curator: KARL VANSTIPELEN.
Summary
The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €96k and a net result of €-3k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2021, micro schema
Turnover
€1.77M▲ 15.3%
2020 · €1.54M
2018: €1.80M
2019: €1.53M
2020: €1.54M
2018 → 2021
EBIT margin
0.1%▼ 0.3pp
2020 · 0.3%
2018: 1.1%
2019: 0.3%
2020: 0.3%
2018 → 2021
Net result
€-3k▼ 4,632%
2020 · €-69
2018: €9k
2019: €2k
2020: €-69
2018 → 2021
Working capital
€93k▲ 17.0%
2020 · €79k
2018: €94k
2019: €67k
2020: €79k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€1.80M-€1.53M▼ 14.8%€1.54M▲ 0.4%€1.77M▲ 15.3%
Equity€97k-€99k▲ 2.1%€99k▼ 0.1%€96k▼ 3.3%
Operating result€19k-€4k▼ 79.7%€5k▲ 27.6%€1k▼ 75.7%
Net result€9k-€2k▼ 77.8%€-69€-3k▼ 4,632%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 76% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.21M
Fixed assets
€3k ▼ 85.1%
Current assets
€1.21M ▲ 11.7%
Equity and liabilities €1.21M
Equity
€96k ▼ 3.3%
Debt
€1.11M ▲ 11.3%
Debt's share of the balance-sheet total rises from 91.0% to 92.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€14k▼
2020 · €17k
Cash flow
€9k▼
2020 · €12k
Current ratio
1.08▲
2020 · 1.08
Quick ratio
0.56▲
2020 · 0.49
Debt to equity
11.65▲
2020 · 10.13
ROE
-3.4%▼
2020 · -0.1%
ROA
-0.3%▼
2020 · 0.0%
Interest coverage
74.07▲
2020 · 21.38
Debt ≤ 1 year
€1.11M▲
2020 · €1.00M
Income taxes
€4k▲
2020 · €4k
Staff costs
€54k▲
2020 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 50 lines
Balance sheet
Code20202021
Assets
Total assets20/58€1.10M€1.21M▲
Fixed assets21/28€20k€3k▼
Tangible fixed assets22/27€19k€3k▼
Furniture and vehicles24€19k€3k▼
Financial fixed assets28€340€340=
Current assets29/58€1.08M€1.21M▲
Stocks and contracts in progress3€585k€585k=
Stocks30/36€585k€585k=
Amounts receivable within one year40/41€492k€608k▲
Trade receivables40€491k€608k▲
Other amounts receivable41€503-
Cash at bank and in hand54/58€2k€13k▲
Deferred charges and accrued income490/1€304-
Equity and liabilities
Total equity and liabilities10/49€1.10M€1.21M▲
Equity10/15€99k€96k▼
Contributions10/11€19k€19k=
Reserves13€39k€39k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€38k€38k=
Profit (loss) carried forward14€41k€38k▼
Amounts payable17/49€1.00M€1.11M▲
Amounts payable within one year42/48€1.00M€1.11M▲
Trade debts44€782k€767k▼
Suppliers440/4€782k€767k▼
Advances received on contracts in progress46€110k€233k▲
Taxes, remuneration and social security45€98k€107k▲
Taxes450/3€69k€74k▲
Remuneration and social security454/9€28k€33k▲
Other amounts payable47/48€12k€7k▼
Income statement
Code20202021
Turnover70€1.54M€1.77M▲
Non-recurring operating income76A-€7k
Goods, raw materials, services and sundry goods60/61€1.48M€1.71M▲
Remuneration, social security and pensions62€41k€54k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▼
Other operating charges640/8€976€563▼
Non-recurring operating charges66A€1k€99▼
Gross operating margin9900€60k€68k▲
Operating profit (loss)9901€5k€1k▼
Financial income75/76B€7€116▲
Recurring financial income75€7€116▲
Financial charges65/66B€816€183▼
Recurring financial charges65€816€183▼
Non-recurring financial charges66B-€183
Profit (loss) for the period before taxes9903€4k€1k▼
Income taxes67/77€4k€4k▲
Profit (loss) for the period9904€-69€-3k▼
Profit (loss) for the period to be appropriated9905€-69€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€38k▼
Profit (loss) brought forward from the previous period14P€41k€41k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-05
KBO administration
Address struck
2024
07-05
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · PLYGAMES ONE BV FRANCOIS DEGREEFSTRAAT 10, 1030 Schaarbeek · event 30-04-2024
2023
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 173 days late
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 307 days late
26-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 544 days late
2021
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series.
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
16-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 138 days late
22-02
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 206 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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
1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
417 m²
Building footprint
354 m²
Volume, LiDAR
1,869 m³
2 parcels, Brussels · tallest building 16.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
semoulegold
since 20152.239.372.583
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0937/00Y069 | Brussels | 279 m² | 1 · 277 m² | 8.8 m · 1 fl. |
| 21910E0200/00S000 | Brussels | 138 m² | 1 · 77 m² | 16.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KARL VANSTIPELEN A. DE COCKPLEIN 9,
1831 DIEGEM |
30-04-2024 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-11-2014
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.