Equity
€55,193 from €277,555 in 2006
Equity fell by 80% in 19 years.
POLE GAMES
Lifetime
19 annual accounts with figures on one time axis, 28 filings since 1997peak €21,312 (2010)
-€2,698▼ €1,418
lowest -€36,676 (2014)
-€5,143▼ €1,416
peak €277,555 (2006)
€55,193▼ 8.5%
€70,105▲ 37.4%
Board1 name since 2021
1 directorSteven Vanhoenacker
Documentsfilings and deeds
30-08-202630 days late
2025abbreviated format
Gross margin from -€1,280 to -€2,698Loss of €5,143Debts from €51,004 to €70,105Cash from €2,256 to €1,036
Key points
from the 2025 annual accountsLosses
-€207,287 in 14 years
Every financial year from 2011 to 2025 closed with a loss. 2014 was the heaviest.
Filings
28 annual accounts since 1997
Ten of the last ten came late. The 2019 accounts came latest: 85 days after the end of the period.
Turnover not published (abbreviated or micro format)
Checked score
87
Excellent
Financially stronger than 37% of micro companies in sports and recreation (NACE 93)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 4,270 companies (NACE 93, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 2.9%▲ +1.4 percentage points vs 12-2024
02-2025: 2.9%● unchanged vs 01-2025
03-2025: 3.1%▲ +0.2 percentage points vs 02-2025
04-2025: 2.8%▼ -0.3 percentage points vs 03-2025
05-2025: 2.8%● unchanged vs 04-2025
06-2025: 2.8%● unchanged vs 05-2025
07-2025: 2.8%● unchanged vs 06-2025
08-2025: 4.3%▲ +1.5 percentage points vs 07-2025highest value
09-2025: 4.3%● unchanged vs 08-2025highest value
10-2025: 0.3%▼ -4.0 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.2 percentage points vs 07-2026
09-2026: 0.2%▼ -0.3 percentage points vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €5,143, the second in a row (financial year 2025)
Liquidity: current ratio 2.26, cash €1,036, halved
lowers risk
Founded in 1996
Size: total assets €125,298
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 93, micro). It does better than 62% of them on solvency, 32% on liquidity, 21% on profitability and 32% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 12,322 companies had the same profile as POLE GAMES has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of POLE GAMES itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 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 12,322 companies, not a prediction for POLE GAMES. 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
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.26 (3.57 in 2024), above the usual 1.5. Short-term debt is 32% and cash 0.8% of total assets. However, 56% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
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 -€5,143
raises risk · 2025 accounts filed 30 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
30 days late
2024
25 days late
2022
25 days late
2021
60 days late
2020
25 days late
2019
85 days late
2018
26 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 39 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% 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 25 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0457936010
Appointment: Steven Vanhoenacker (managing director)
Director discharge: administrateurs · General meeting of 31-05-2023 · Gazette deed
Director discharge: administrateurs
General meeting of 31-05-2021 · Gazette deed
First establishment
Rue d'Italie 57 A, Huy
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| POLE GAMES Huy | €125,298 | -€2,698 | 44.0% | - |
| HENDROUMATIC Viroinval | €103,401 | -€39,126 | 41.0% | - |
| E.R.C. La Louvière | €46,686 | -€4,124 | 43.1% | - |
| ALIZES Hannut | €48,276 | €4,222 | -5.6% | - |
| FRELUC Ixelles | €28,488 | -€11,393 | 71.0% | - |
| COIN MACHINE AUTOMATIC Antwerp | €23,440 | -€313 | -91.6% | - |
| Pas.Co Eeklo | €706,993 | -€371,354 | 59.4% | 3.7 |
These companies have the same main activity as POLE GAMES: sports, amusement and recreation activities (NACE 93293). They are comparable in size and age: total assets between €23,400 and €707,000, founded between 1974 and 2005.
Official details
Source: KBO- Status
- Active since 19-04-1996Normal situation
- Activity
- Sports, amusement and recreation activitiesNACE 93293
- Establishment unit
- 2.076.872.2454500 Huy, since 11-06-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Insights on POLE GAMES
POLE GAMES files the abbreviated format. That format states no turnover. The gross margin fell from -€415 in 2006 to -€2,698 in 2025.
In March 2024, the Official Gazette published the appointment of Steven Vanhoenacker as managing director.
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 POLE GAMES
- What is the company number of POLE GAMES?
- The company number of POLE GAMES is 0457.936.010. The VAT number is the same number with BE in front: BE 0457.936.010.
- Where is POLE GAMES based?
- The registered office is at Rue d'Italie 57A, 4500 Huy.Company details
- What does POLE GAMES do?
- According to the KBO register, the main activity is sports, amusement and recreation activities (NACE 93293).
- What is the legal form of POLE GAMES?
- POLE GAMES is a public limited company (NV).
- When was POLE GAMES founded?
- POLE GAMES was founded on 19-04-1996.
- Is POLE GAMES still active?
- Yes, POLE GAMES is an active enterprise in the KBO register.
- What is the turnover of POLE GAMES?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is POLE GAMES profitable?
- In financial year 2025, POLE GAMES made a loss of €5,143.
- Where can I find the annual accounts of POLE GAMES?
- POLE GAMES filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of POLE GAMES due?
- POLE GAMES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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