SLOTS
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 15-06-2026 at the NBB all 35 filings
Turnover
€3.8m▼ 10.8%
2024 · €4.3m
EBIT margin
10.0%=
2024 · 10.0%
Net result
€3,445▼ 99.0%
2024 · €337,056
Working capital
€439,007
2024 · -€485,932
In the rankings
#3 oldest company in the province of Liège, Gambling and betting sector#6 company by total assets in the province of Liège, Gambling and betting sector#8 company by equity in Liège, Arts, sports and recreation sector
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
€3.8m
▼ 10.8%
2025
20182025
Operating result
€383,000
▼ 11.0%
2025
20182025
Net result
€3,445
▼ 99.0%
2025
middle half of the sector
20182025
EBIT margin
10.0%
=
2025
20182025
Equity
€3.3m
▲ 0.1%
2025
middle half of the sector
20182025
Total assets
€4.5m
▲ 3.7%
2025
middle half of the sector
20182025
Debt
€1.2m
▲ 15.3%
2025
20182025
Working capital
€439,007
2025
middle half of the sector
20182025
Solvency
73.5%
▼ 2.7pp
2025
middle half of the sector
20182025
Current ratio
2.12
▲ 1.59
2025
middle half of the sector
20182025
Return on assets (ROA)
0.1%
▼ 7.7pp
2025
middle half of the sector
20182025
Staff (FTE)
9.3
▼ 13.9%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€2.4m-€4.0m▲ 67.3%€2.1m▼ 46.4%€2.4m▲ 10.4%€4.3m▲ 81.4%€3.9m▼ 8.2%€4.3m▲ 9.2%€3.8m▼ 10.8%
Operating result-€1.0m-€0.1m-€0.3m€0.08m€0.8m▲ 896%€0.4m▼ 53.3%€0.4m▲ 10.6%€0.4m▼ 11.0%
Net result-€0.8m-€0.01m-€3.4m€0.3m€0.8m▲ 129%-€0.3m€0.3m€0.003mwithin the sector's middle half▼ 99.0%
EBIT margin-40.8%-2.6%▲ 43.4pp-13.7%▼ 16.3pp3.5%▲ 17.2pp19.4%▲ 15.9pp9.9%▼ 9.5pp10.0%▲ 0.1pp10.0%=
Equity€1.4m-€2.1m▲ 43.4%-€0.8m€2.5m€3.3m▲ 31.7%€3.3m€3.3mwithin the sector's middle half▲ 0.1%
Total assets€7.5m-€8.3m▲ 10.9%€5.1m▼ 38.2%€5.1m▼ 1.1%€4.8m▼ 5.8%€4.8m▲ 1.1%€4.3m▼ 10.4%€4.5mwithin the sector's middle half▲ 3.7%
Debt€6.0m-€6.2m▲ 3.2%€5.9m▼ 5.1%€2.5m▼ 57.2%€1.5m▼ 41.4%€1.9m▲ 26.1%€1.0m▼ 44.8%€1.2m▲ 15.3%
Working capital-€4.7m--€4.2m▲ 10.7%-€4.7m▼ 10.3%-€1.6m▲ 65.1%-€0.9m▲ 44.8%-€0.6m▲ 32.7%-€0.5m▲ 19.6%€0.4mwithin the sector's middle half
Solvency19.2%-24.8%▲ 5.6pp-16.5%▼ 41.3pp49.3%▲ 65.8pp68.9%▲ 19.6pp76.1%73.5%within the sector's middle half▼ 2.7pp
Current ratio0.22-0.28▲ 0.060.17▼ 0.110.30▲ 0.130.39▲ 0.090.68▲ 0.280.53▼ 0.152.12within the sector's middle half▲ 1.59
Return on assets (ROA)-11.0%-0.2%▲ 11.2pp-66.4%▼ 66.6pp6.8%▲ 73.2pp16.6%▲ 9.8pp-7.0%▼ 23.6pp7.8%▲ 14.8pp0.1%within the sector's middle half▼ 7.7pp
Staff (FTE)14-12▼ 14.3%11.7▼ 2.5%12.5▲ 6.8%12.2▼ 2.4%11.1▼ 9.0%10.8▼ 2.7%9.3within the sector's middle half▼ 13.9%
above
within
below
The sector band is the middle half of the companies in Gambling and betting activities (NACE 92). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 11% lower than in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.5m
Fixed assets
€3.7m ▼ 3.2%
Current assets
€830,053 ▲ 51.7%
Equity and liabilities €4.5m
Equity
€3.3m ▲ 0.1%
Debt
€1.2m ▲ 15.3%
Debt's share of the balance-sheet total rises from 23.9% to 26.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€528,273▼
2024 · €553,429
Cash flow
€148,718▼
2024 · €460,261
Debt to equity
0.36▲
2024 · 0.31
ROE
0.1%▼
2024 · 10.2%
Interest coverage
7.64▼
2024 · 20.18
Debt ≤ 1 year
€391,046▼
2024 · €1.0m
Debt > 1 year
€800,000
Income taxes
€283,018▲
2024 · €67,277
Customer credit
5 days▲
2024 · 2 days
Supplier credit
1349 days▼
2024 · 2041 days
Staff costs
€727,920▲
2024 · €714,918
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 13 | 12 | 10 | 9 |
| full-time | 12 | 11 | 10 | 9 |
| part-time | 1 | 1 | - | - |
| in full-time equivalents | 12.5 | 11.7 | 10 | 9 |
| Average over the year, in full-time equivalents | 12 | 12.2 | 10.8 | 9.3 |
| On a permanent contract | 13 | 12 | 10 | 9 |
| Joined | 3 | 11 | 0 | 1 |
| Left | 3 | 12 | 1 | 2 |
| Training hours | - | - | 152 | 150 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Overdue debts
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Overdue social security (RSZ) debts | - | €7,047 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgage mandates | - | €632,500 | €632,500 | €632,500 | €632,500 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €74,240 | €63,314 | €187,868 | €489,938 | €23,779 |
| Financial fixed assets | €703,119 | €25,000 | - | - | - |
| Depreciation and write-downs of the year | €215,007 | €200,305 | €109,427 | €123,205 | €145,273 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
The auditor is BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €5,178 | €5,360 | €7,260 | €6,300 | €6,450 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €2.6m | €4.5m | €4.1m | €4.4m | €4.0m | ▼ 9.9% |
| Turnover70 | €2.4m | €4.0m | €2.1m | €2.4m | €4.3m | €3.9m | €4.3m | €3.8m | ▼ 10.8% |
| Other operating income74 | - | - | - | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▲ 28.2% |
| Operating charges60/66A | - | - | - | €2.5m | €3.6m | €3.7m | €4.0m | €3.6m | ▼ 9.8% |
| Goods for resale, raw materials and consumables60 | - | - | - | €0.02m | €0.04m | €0.06m | €0.05m | €0.06m | ▲ 23.1% |
| Purchases600/8 | - | - | - | €0.02m | €0.04m | - | €0.05m | €0.05m | ▲ 13.9% |
| Change in stocks: decrease (increase)609 | - | - | - | €386 | -€0.002m | -€0.001m | €228 | €0.005m | ▲ 21× |
| Services and other goods61 | - | - | - | €1.5m | €2.2m | €2.2m | €2.4m | €1.8m | ▼ 24.9% |
| Remuneration, social security and pensions62 | - | - | - | €0.4m | €0.6m | €0.7m | €0.7m | €0.7m | ▲ 1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.5m | €0.4m | €0.4m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 17.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.06m | - | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€0.02m | -€0.04m | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.3m | €0.6m | €0.7m | €0.7m | €0.9m | ▲ 23.7% |
| Operating profit (loss)9901 | -€1.0m | €0.1m | -€0.3m | €0.08m | €0.8m | €0.4m | €0.4m | €0.4m | ▼ 11.0% |
| Financial income75/76B | - | - | - | €0.7m | €0.08m | - | €0.006m | €0.005m | ▼ 7.3% |
| Recurring financial income75 | €0.2m | - | €0.001m | €201 | €0.003m | €0.005m | €0.006m | €0.005m | ▼ 7.3% |
| Income from current assets751 | - | - | - | - | - | - | - | €0.005m | - |
| Other financial income752/9 | - | - | - | €201 | €0.003m | €0.005m | €0.006m | €0 | ▼ 100.0% |
| Non-recurring financial income76B | - | - | - | €0.7m | €0.08m | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.4m | €0.1m | €0.7m | €0.03m | €0.1m | ▲ 222% |
| Recurring financial charges65 | €0.1m | €0.09m | €0.08m | €0.07m | €0.03m | €0.02m | €0.03m | €0.1m | ▲ 222% |
| Debt charges650 | €0.09m | €0.08m | €0.07m | €0.07m | €0.02m | €0.02m | €0.03m | €0.07m | ▲ 152% |
| Other financial charges652/9 | - | - | - | €0.003m | €0.004m | €0.004m | €0.004m | €0.03m | ▲ 674% |
| Non-recurring financial charges66B | - | - | - | €0.4m | €0.1m | €0.7m | - | - | - |
| Profit (loss) for the period before taxes9903 | -€0.8m | €0.01m | -€3.4m | €0.3m | €0.8m | -€0.3m | €0.4m | €0.3m | ▼ 29.2% |
| Income taxes67/77 | €0.001m | €0.001m | €447 | €208 | - | - | €0.07m | €0.3m | ▲ 321% |
| Taxes670/3 | - | - | - | €208 | - | - | €0.07m | €0.3m | ▲ 321% |
| Profit (loss) for the period9904 | -€0.8m | €0.01m | -€3.4m | €0.3m | €0.8m | -€0.3m | €0.3m | €0.003m | ▼ 99.0% |
| Profit (loss) for the period to be appropriated9905 | -€0.8m | €0.01m | -€3.4m | €0.3m | €0.8m | -€0.3m | €0.3m | €0.003m | ▼ 99.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €7.5m | €8.3m | €5.1m | €5.1m | €4.8m | €4.8m | €4.3m | €4.5m | ▲ 3.7% |
| Fixed assets21/28 | €6.2m | €6.7m | €4.2m | €4.4m | €4.2m | €3.6m | €3.8m | €3.7m | ▼ 3.2% |
| Intangible fixed assets21 | €41 | €0.03m | €0.03m | €0.02m | €0.01m | €0.007m | €0 | €0 | - |
| Tangible fixed assets22/27 | €1.1m | €0.8m | €0.5m | €0.4m | €0.2m | €0.3m | €0.5m | €0.4m | ▼ 23.4% |
| Plant, machinery and equipment23 | - | - | - | €0.3m | €0.2m | €0.1m | €0.4m | €0.3m | ▼ 23.4% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.05m | €0.03m | €0.09m | €0.07m | ▼ 20.7% |
| Other tangible fixed assets26 | - | - | - | €357 | - | €0.02m | €0.02m | €0.01m | ▼ 23.8% |
| Assets under construction and advance payments27 | - | - | - | - | - | €0.1m | €0.003m | - | - |
| Financial fixed assets28 | €5.0m | €5.9m | €3.7m | €4.0m | €4.0m | €3.3m | €3.3m | €3.3m | = |
| Affiliated companies280/1 | - | - | - | €3.6m | €3.6m | €2.9m | €2.9m | €2.9m | = |
| Participating interests280 | - | - | - | €3.6m | €3.6m | €2.9m | €2.9m | €2.9m | = |
| Other financial fixed assets284/8 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Current assets29/58 | €1.3m | €1.6m | €0.9m | €0.7m | €0.6m | €1.3m | €0.5m | €0.8m | ▲ 51.7% |
| Stocks and contracts in progress3 | €0.004m | €0.002m | €0.003m | €0.002m | €0.004m | €0.005m | €0.005m | - | - |
| Stocks30/36 | - | - | - | €0.002m | €0.004m | €0.005m | €0.005m | - | - |
| Goods purchased for resale34 | - | - | - | €0.002m | €0.004m | €0.005m | €0.005m | - | - |
| Amounts receivable within one year40/41 | €1.0m | €1.3m | €0.8m | €0.6m | €0.3m | €0.9m | €0.2m | €0.5m | ▲ 170% |
| Trade receivables40 | - | - | - | €0.01m | €0.2m | €0.2m | €0.02m | €0.05m | ▲ 121% |
| Other amounts receivable41 | - | - | - | €0.6m | €0.04m | €0.7m | €0.1m | €0.4m | ▲ 178% |
| Current investments50/53 | €0.04m | €0.09m | €0.09m | €0.1m | €0.1m | €0.1m | €0.09m | €0.09m | ▲ 0.6% |
| Other investments51/53 | - | - | - | €0.1m | €0.1m | €0.1m | €0.09m | €0.09m | ▲ 0.6% |
| Cash at bank and in hand54/58 | €0.3m | €0.3m | €0.007m | €0.003m | €0.2m | €0.2m | €0.3m | €0.3m | ▼ 1.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.01m | €0.004m | €0.001m | €0.005m | ▲ 277% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €7.5m | €8.3m | €5.1m | €5.1m | €4.8m | €4.8m | €4.3m | €4.5m | ▲ 3.7% |
| Equity10/15 | €1.4m | €2.1m | -€0.8m | €2.5m | €3.3m | - | €3.3m | €3.3m | ▲ 0.1% |
| Contributions10/11 | €2.6m | €3.2m | - | €6.7m | €6.7m | €6.7m | €6.7m | €6.7m | = |
| Reserves13 | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Non-distributable reserves130/1 | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Reserves not available under the articles1311 | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Profit (loss) carried forward14 | -€1.1m | -€1.1m | -€4.5m | -€4.2m | -€3.4m | -€3.7m | -€3.4m | -€3.4m | ▲ 0.1% |
| Provisions and deferred taxes16 | - | - | €0.06m | €0.04m | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €0.04m | - | - | - | - | - |
| Other liabilities and charges164/5 | - | - | - | €0.04m | - | - | - | - | - |
| Amounts payable17/49 | €6.0m | €6.2m | €5.9m | €2.5m | €1.5m | €1.9m | €1.0m | €1.2m | ▲ 15.3% |
| Amounts payable after more than one year17 | - | €0.4m | €0.3m | €0.2m | - | - | - | €0.8m | - |
| Other amounts payable178/9 | - | - | - | €0.2m | - | - | - | €0.8m | - |
| Amounts payable within one year42/48 | €6.0m | €5.9m | €5.6m | €2.3m | €1.5m | €1.9m | €1.0m | €0.4m | ▼ 62.1% |
| Trade debts44 | €0.3m | €0.2m | €0.2m | €0.3m | €0.3m | €0.7m | €0.3m | €0.2m | ▼ 18.7% |
| Suppliers440/4 | - | - | - | €0.3m | €0.3m | €0.7m | €0.3m | €0.2m | ▼ 18.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.07m | €0.09m | €0.1m | €0.1m | €0.1m | ▲ 1.8% |
| Taxes450/3 | - | - | - | €208 | €238 | - | €0.02m | €0.03m | ▲ 33.8% |
| Remuneration and social security454/9 | - | - | - | €0.07m | €0.09m | €0.1m | €0.09m | €0.09m | ▼ 5.4% |
| Other amounts payable47/48 | - | - | - | €2.0m | €1.1m | €1.0m | €0.7m | €0.06m | ▼ 91.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.8m | €0.01m | -€3.4m | €0.3m | €0.8m | -€0.3m | €0.3m | €0.003m | ▼ 99.0% |
| + Depreciation and write-downs630 | €0.5m | €0.4m | €0.4m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 17.9% |
| Operating cash flow (approximation) | -€0.4m | €0.4m | -€3.0m | €0.6m | €1.0m | -€0.2m | €0.5m | €0.1m | ▼ 67.7% |
| Investment in fixed assets (approximation) | - | -€0.9m | €2.1m | -€0.4m | -€0.02m | €0.5m | -€0.3m | -€0.02m | ▲ 93.0% |
| Change in cash | - | -€0.02m | -€0.3m | -€0.003m | €0.2m | €0.05m | €0.06m | -€0.003m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 15-06-2026 | 2026-00178050 | |
| 31-12-2024 | unclassified schema | 26-06-2025 | 2025-00217885 | |
| 31-12-2023 | unclassified schema | 01-07-2024 | 2024-00230667 | |
| 31-12-2022 | unclassified schema | 07-07-2023 | 2023-00245368 | |
| 31-12-2021 | unclassified schema | 26-08-2022 | 2022-20377528 | |
| 31-12-2020 | unclassified schema | 31-08-2021 | 2021-60700033 | |
| 31-12-2019 | full format | 16-09-2020 | 2020-53600286 | |
| 31-12-2018 | full format | 26-08-2019 | 2019-50600180 | |
| 31-12-2017 | full format | 31-08-2018 | 2018-58900167 | |
| 31-12-2016 | full format | 23-08-2017 | 2017-45600581 |