POLE GAMES
ActiveSummary
POLE GAMES has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55k and a net result of €-5k. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 61% of 903 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability14▼-1
Solvency69▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.26 against 3.57 in 2024; short-term debt: 32% and cash: 0.8% of total assets), but 56% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven 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
44%
Return on assets
-4.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18192021222425
2018 to 2025 · latest year €-5k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
25 d late
2022
25 d late
2021
60 d late
2020
25 d late
2019
85 d late
2018
26 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€55k▼ 8.5%
2024 · €60k
Total assets
€125k▲ 12.5%
2024 · €111k
Net result
€-5k▼ 38.0%
2024 · €-4k
Working capital
€51k▼ 6.3%
2024 · €54k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220242025
Operating result€-2k▲ 64.0%€-1k▲ 50.1%€-9k▼ 671%€-3k-€-5k▼ 41.1%
Net result€-3k▲ 61.0%€-2k▲ 37.5%€-10k▼ 475%€-4k-€-5k▼ 38.0%
Equity€77k▼ 3.4%€75k▼ 2.2%€65k▼ 12.9%€60k-€55k▼ 8.5%
Total assets€118k▲ 8.0%€106k▼ 10.0%€110k▲ 3.9%€111k-€125k▲ 12.5%
Debt€41k▲ 38.7%€31k▼ 24.7%€45k▲ 44.9%€51k-€70k▲ 37.4%
Working capital€21k▼ 4.5%€21k▲ 0.1%€13k▼ 38.0%€54k-€51k▼ 6.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €3k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€35k ▼ 4.7%
Current assets
€91k ▲ 20.9%
Equity and liabilities €125k
Equity
€55k ▼ 8.5%
Debt
€70k ▲ 37.4%
Debt's share of the balance-sheet total rises from 45.8% to 56.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k▼
2024 · €-2k
Cash flow
€-3k▼
2024 · €-2k
Current ratio
2.26▼
2024 · 3.57
Quick ratio
1.15▼
2024 · 2.08
Debt to equity
1.27▲
2024 · 0.85
ROE
-9.3%▼
2024 · -6.2%
ROA
-4.1%▼
2024 · -3.3%
Interest coverage
-13.52▼
2024 · -7.06
Debt ≤ 1 year
€40k▲
2024 · €21k
Debt > 1 year
€30k=
2024 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | €2k | €2k | = |
| Other operating charges640/8 | - | €1k | €429 | €475 | €487 | ▲ 2.5% |
| Gross operating margin9900 | €54 | €2k | €-7k | €-1k | €-3k | ▼ 111% |
| Operating profit (loss)9901 | €-2k | €-1k | €-9k | €-3k | €-5k | ▼ 41.1% |
| Financial charges65/66B | - | €501 | €537 | €249 | €236 | ▼ 5.3% |
| Recurring financial charges65 | €322 | €501 | €537 | €249 | €236 | ▼ 5.3% |
| Profit (loss) for the period before taxes9903 | €-3k | €-2k | €-10k | €-4k | €-5k | ▼ 38.0% |
| Profit (loss) for the period9904 | €-3k | €-2k | €-10k | €-4k | €-5k | ▼ 38.0% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €-2k | €-10k | €-4k | €-5k | ▼ 38.0% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €118k | €106k | €110k | €111k | €125k | ▲ 12.5% |
| Fixed assets21/28 | €56k | €54k | €52k | €36k | €35k | ▼ 4.7% |
| Tangible fixed assets22/27 | €43k | €42k | €40k | €36k | €35k | ▼ 4.7% |
| Land and buildings22 | - | €42k | €40k | €36k | €35k | ▼ 4.7% |
| Financial fixed assets28 | €13k | €13k | €13k | - | - | - |
| Current assets29/58 | €62k | €52k | €58k | €75k | €91k | ▲ 20.9% |
| Stocks and contracts in progress3 | €29k | €34k | €38k | €31k | €44k | ▲ 41.8% |
| Stocks30/36 | - | €34k | €38k | €31k | €44k | ▲ 41.8% |
| Amounts receivable within one year40/41 | €19k | €16k | €13k | €41k | €45k | ▲ 9.3% |
| Trade receivables40 | - | €13k | €11k | €29k | €33k | ▲ 13.3% |
| Other amounts receivable41 | - | €3k | €2k | €13k | €13k | = |
| Current investments50/53 | €14k | €2k | - | - | - | - |
| Cash at bank and in hand54/58 | - | - | €6k | €2k | €1k | ▼ 54.1% |
| Deferred charges and accrued income490/1 | - | - | €68 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €118k | €106k | €110k | €111k | €125k | ▲ 12.5% |
| Equity10/15 | €77k | €75k | €65k | €60k | €55k | ▼ 8.5% |
| Contributions10/11 | €300k | €300k | €300k | €300k | €300k | = |
| Capital10 | - | €300k | €300k | €300k | €300k | = |
| Issued capital100 | - | €300k | €300k | €300k | €300k | = |
| Reserves13 | €6k | €6k | €6k | €6k | €6k | = |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €-229k | €-231k | €-241k | €-246k | €-251k | ▼ 2.1% |
| Amounts payable17/49 | €41k | €31k | €45k | €51k | €70k | ▲ 37.4% |
| Amounts payable after more than one year17 | - | - | - | €30k | €30k | = |
| Other amounts payable178/9 | - | - | - | €30k | €30k | = |
| Amounts payable within one year42/48 | €41k | €31k | €45k | €21k | €40k | ▲ 90.9% |
| Trade debts44 | €11k | €13k | €12k | €16k | €15k | ▼ 3.0% |
| Suppliers440/4 | - | €13k | €12k | €16k | €15k | ▼ 3.0% |
| Advances received on contracts in progress46 | - | - | - | €245 | - | - |
| Taxes, remuneration and social security45 | - | - | €6k | €705 | €1k | ▲ 85.4% |
| Taxes450/3 | - | - | €6k | €705 | €1k | ▲ 85.4% |
| Other amounts payable47/48 | - | €18k | €27k | €4k | €23k | ▲ 465% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €-2k | €-10k | €-4k | €-5k | ▼ 38.0% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | €2k | €2k | = |
| Operating cash flow (approximation) | €-987 | €30 | €-8k | €-2k | €-3k | ▼ 70.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | €0 | - |
| Change in cash | - | - | - | - | €-1k | - |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 3.57
Current ratio from 1.29 to 3.57; short-term debt falls from €45k to €21k.
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 85 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Huy · 1 establishment unit since 1996
Ground area
1,586 m²
Building footprint
195 m²
Volume, LiDAR
815 m³
2 parcels, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue d'Italie 57 A, 4500 Huy
since 19962.076.872.245
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61031B0714/00N000indicative | Wallonia | 1,241 m² | 1 · 99 m² | 9.9 m · 3 fl. |
| 61031B0715/00G004 | Wallonia | 345 m² | 1 · 96 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 298 companies in sector 93293 we hold annual accounts for 190. 111 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-04-1996
Fiscal year end31-12
Activities, NACEBEL 2025
93293Sports, amusement and recreation activities
Scores and ratios are computed by Checked and are not a credit decision.