Checked.be · Company dossierhttps://checked.be/en/c/speelhal-net-0440906471 · as of 01-10-2026
SPEELHAL.NET
Active
Public limited company · founded 1990 · 36 yrs activeKorte Keppestraat 23, 9320 Aalst, BelgiumKBO/BCE: BE 0440.906.471
Summary
SPEELHAL.NET has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €173,887. Equity is growing by ~26.6% per year across the filed fiscal years. Its solvency ranks better than 79% of 2345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Auditor: Deloitte Bedrijfsrevisoren/Réviseurs d’EntreprisesAccounts 52 d early
Why 85+ Long track record+ Lower-failure-rate sector+ Annual accounts: healthy financial profile+ Lower-risk legal formLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability82▲+28
Solvency100▲+24
Growth77▲+17
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 3.93 against 1.64 in 2024; short-term debt: 22.5% and cash: 0.3% of total assets), and 22.5% of the assets are financed with debt.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
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. Usually files around 12 June (5 of the last 5 filed years within 30 days of that day).
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
Net result€0.1mwithin the sector's middle half▼ 57.3%€0.3mabove the sector's middle half▲ 193%€0.4mabove the sector's middle half▲ 7.4%-€0.3mbelow the sector's middle half€0.2mabove the sector's middle half
EBIT margin-16.3%▲ 3.6pp-12.1%▲ 4.2pp
Equity€0.7mwithin the sector's middle half▲ 20.3%€1.0mwithin the sector's middle half▲ 49.5%€1.4mabove the sector's middle half▲ 35.5%€1.1mwithin the sector's middle half▼ 18.9%€1.3mabove the sector's middle half▲ 15.4%
Total assets€72.8mabove the sector's middle half▲ 34.6%€72.1mabove the sector's middle half▼ 1.0%€3.9mabove the sector's middle half▼ 94.5%€2.2mwithin the sector's middle half▼ 43.6%€1.7mwithin the sector's middle half▼ 24.5%
Working capital€1.4mabove the sector's middle half▼ 34.6%€1.9mabove the sector's middle half▲ 32.4%€0.3mwithin the sector's middle half▼ 85.8%€0.7mabove the sector's middle half▲ 164%€1.1mabove the sector's middle half▲ 57.2%
Solvency0.9%below the sector's middle half▼ 0.1pp1.4%below the sector's middle half▲ 0.5pp35.3%within the sector's middle half▲ 33.9pp50.7%within the sector's middle half▲ 15.4pp77.5%above the sector's middle half▲ 26.8pp
Current ratio1.02within the sector's middle half▼ 0.021.03within the sector's middle half▲ 0.011.10within the sector's middle half▲ 0.081.64within the sector's middle half▲ 0.543.93above the sector's middle half▲ 2.29
Return on assets (ROA)0.2%within the sector's middle half▼ 0.3pp0.5%within the sector's middle half▲ 0.3pp9.3%within the sector's middle half▲ 8.8pp-11.8%below the sector's middle half▼ 21.1pp10.4%within the sector's middle half▲ 22.2pp
Staff (FTE)15.9within the sector's middle half▲ 8.9%16within the sector's middle half▲ 0.6%17.1above the sector's middle half▲ 6.9%22.1above the sector's middle half▲ 29.2%20.2above the sector's middle half▼ 8.6%
abovewithinbelowthe middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 887% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
12%
88.2%
Fixed assets€198,061 ▼ 53.4%
Current assets€1.5m ▼ 17.6%
Equity and liabilities €1.7m
77.5%
22.5%
Equity€1.3m ▲ 15.4%
Debt€376,843 ▼ 65.6%
Debt's share of the balance-sheet total falls from 49.3% to 22.5%. Equity is higher and debt is lower.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€427,987▲
2024 · €262,832
Cash flow
€404,417▲
2024 · -€20,293
Quick ratio
3.93▲
2024 · 1.64
Debt to equity
0.29▼
2024 · 0.97
ROE
13.4%▲
2024 · -23.3%
Interest coverage
21.23▲
2024 · 6.88
Debt ≤ 1 year
€376,843▼
2024 · €1.1m
Income taxes
€5,049▼
2024 · €246,771
Staff costs
€1.7m▲
2024 · €1.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
Small
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more
0.2%went bankrupt
4.7%stopped otherwise
95%still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
The companies in ten equal groups, from lowest to highest expected share.
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%
1.0%
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%
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 48 lines
Balance sheetCode20242025
Assets
Total assets20/58€2.2m€1.7m▼
Fixed assets21/28€0.4m€0.2m▼
Intangible fixed assets21€0.4m€0.2m▼
Tangible fixed assets22/27€0.04m€0.03m▼
Land and buildings22€0.02m€0.01m▼
Furniture and vehicles24€0.02m€0.01m▼
Current assets29/58€1.8m€1.5m▼
Stocks and contracts in progress3-€0.001m
Stocks30/36-€0.001m
Amounts receivable within one year40/41€1.8m€1.5m▼
Trade receivables40€1.7m€0.9m▼
Other amounts receivable41€0.1m€0.6m▲
Cash at bank and in hand54/58€0.004m€0.005m▲
Deferred charges and accrued income490/1€0.01m€0.01m▲
Equity and liabilities
Total equity and liabilities10/49€2.2m€1.7m▼
Equity10/15€1.1m€1.3m▲
Contributions10/11€0.1m€0.1m=
Capital10€0.1m€0.1m=
Issued capital100€0.1m€0.1m=
Reserves13€0.1m€0.1m=
Non-distributable reserves130/1€0.01m€0.01m=
Legal reserve130€0.01m€0.01m=
Tax-exempt reserves132€0.1m€0.1m=
Profit (loss) carried forward14€0.9m€1.0m▲
Amounts payable17/49€1.1m€0.4m▼
Amounts payable within one year42/48€1.1m€0.4m▼
Trade debts44€0.2m€0.05m▼
Suppliers440/4€0.2m€0.05m▼
Taxes, remuneration and social security45€0.3m€0.3m▼
Taxes450/3€0.02m€0.04m▲
Remuneration and social security454/9€0.3m€0.3m▼
Other amounts payable47/48€0.6m-
Income statementCode20242025
Remuneration, social security and pensions62€1.7m€1.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.2m▼
Other operating charges640/8€0.7m€0.3m▼
Gross operating margin9900€2.7m€2.5m▼
Operating profit (loss)9901€0.02m€0.2m▲
Financial income75/76B€0.002m€0.002m▼
Recurring financial income75€0.002m€0.002m▼
Financial charges65/66B€0.04m€0.02m▼
Recurring financial charges65€0.04m€0.02m▼
Profit (loss) for the period before taxes9903-€0.02m€0.2m▲
Income taxes67/77€0.2m€0.005m▼
Profit (loss) for the period9904-€0.3m€0.2m▲
Profit (loss) for the period to be appropriated9905-€0.3m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.9m€1.0m▲
Profit (loss) brought forward from the previous period14P€1.1m€0.9m▼
Social balance
Average headcount (FTE)908722.120.2▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Operating income70/76A
€1.5m
€2.1m
-
-
-
-
Turnover70
€0.8m
€1.2m
-
-
-
-
Other operating income74
€0.7m
€0.9m
-
-
-
-
Operating charges60/66A
€1.6m
€2.2m
-
-
-
-
Services and other goods61
€0.6m
€0.8m
-
-
-
-
Remuneration, social security and pensions62
€0.8m
€1.1m
€1.5m
€1.7m
€1.7m
▲ 2.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€0.1m
€0.3m
€0.3m
€0.2m
€0.2m
▼ 5.1%
Other operating charges640/8
€0.04m
€0.04m
€0.3m
€0.7m
€0.3m
▼ 59.9%
Non-recurring operating charges66A
-
€0.005m
-
-
-
-
Gross operating margin9900
-
-
€1.9m
€2.7m
€2.5m
▼ 7.9%
Operating profit (loss)9901
-€0.1m
-€0.1m
-€0.1m
€0.02m
€0.2m
▲ 887%
Financial income75/76B
€0.9m
€1.0m
€1.0m
€0.002m
€0.002m
▼ 11.7%
Recurring financial income75
€0.9m
€1.0m
€1.0m
€0.002m
€0.002m
▼ 11.7%
Income from current assets751
€0.9m
€1.0m
-
-
-
-
Other financial income752/9
€0
€2
-
-
-
-
Financial charges65/66B
€0.5m
€0.5m
€0.5m
€0.04m
€0.02m
▼ 47.2%
Recurring financial charges65
€0.5m
€0.5m
€0.5m
€0.04m
€0.02m
▼ 47.2%
Debt charges650
€0.5m
€0.5m
-
-
-
-
Other financial charges652/9
€0.001m
€368
-
-
-
-
Profit (loss) for the period before taxes9903
€0.2m
€0.4m
€0.4m
-€0.02m
€0.2m
▲ 1,195%
Income taxes67/77
€0.1m
€0.06m
-€0.001m
€0.2m
€0.005m
▼ 98.0%
Taxes670/3
€0.1m
€0.06m
-
-
-
-
Tax adjustments and reversals of tax provisions77
€0.009m
-
-
-
-
-
Profit (loss) for the period9904
€0.1m
€0.3m
€0.4m
-€0.3m
€0.2m
▲ 166%
Profit (loss) for the period to be appropriated9905
€0.1m
€0.3m
€0.4m
-€0.3m
€0.2m
▲ 166%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€72.8m
€72.1m
€3.9m
€2.2m
€1.7m
▼ 24.5%
Fixed assets21/28
€1.1m
€1.0m
€1.1m
€0.4m
€0.2m
▼ 53.4%
Intangible fixed assets21
€1.0m
€0.9m
€0.6m
€0.4m
€0.2m
▼ 55.4%
Tangible fixed assets22/27
€0.2m
€0.2m
€0.5m
€0.04m
€0.03m
▼ 32.7%
Land and buildings22
€0.03m
€0.03m
€0.02m
€0.02m
€0.01m
▼ 25.4%
Plant, machinery and equipment23
€0.001m
-
-
-
-
-
Furniture and vehicles24
€0.04m
€0.03m
€0.03m
€0.02m
€0.01m
▼ 38.8%
Assets under construction and advance payments27
€0.1m
€0.1m
€0.5m
-
-
-
Current assets29/58
€71.6m
€71.0m
€2.8m
€1.8m
€1.5m
▼ 17.6%
Amounts receivable after more than one year29
€11.0m
€11.0m
-
-
-
-
Other amounts receivable291
€11.0m
€11.0m
-
-
-
-
Stocks and contracts in progress3
-
-
-
-
€0.001m
-
Stocks30/36
-
-
-
-
€0.001m
-
Amounts receivable within one year40/41
€56.1m
€54.9m
€2.7m
€1.8m
€1.5m
▼ 17.9%
Trade receivables40
€1.4m
€0.3m
€2.5m
€1.7m
€0.9m
▼ 48.3%
Other amounts receivable41
€54.6m
€54.6m
€0.1m
€0.1m
€0.6m
▲ 403%
Cash at bank and in hand54/58
€4.5m
€5.2m
€0.007m
€0.004m
€0.005m
▲ 28.6%
Deferred charges and accrued income490/1
€0.04m
-
€0.1m
€0.01m
€0.01m
▲ 14.3%
Equity and liabilities
Total equity and liabilities10/49
€72.8m
€72.1m
€3.9m
€2.2m
€1.7m
▼ 24.5%
Equity10/15
€0.7m
€1.0m
€1.4m
€1.1m
€1.3m
▲ 15.4%
Contributions10/11
€0.1m
€0.1m
€0.1m
€0.1m
€0.1m
=
Capital10
€0.1m
€0.1m
€0.1m
€0.1m
€0.1m
=
Issued capital100
€0.1m
€0.1m
€0.1m
€0.1m
€0.1m
=
Reserves13
€0.1m
€0.1m
€0.1m
€0.1m
€0.1m
=
Non-distributable reserves130/1
€0.1m
€0.01m
€0.01m
€0.01m
€0.01m
=
Legal reserve130
€0.01m
€0.01m
€0.01m
€0.01m
€0.01m
=
Other1319
€0.1m
-
-
-
-
-
Tax-exempt reserves132
-
€0.1m
€0.1m
€0.1m
€0.1m
=
Profit (loss) carried forward14
€0.4m
€0.8m
€1.1m
€0.9m
€1.0m
▲ 20.1%
Amounts payable17/49
€72.1m
€71.0m
€2.5m
€1.1m
€0.4m
▼ 65.6%
Amounts payable after more than one year17
€1.9m
€1.9m
-
-
-
-
Financial debts170/4
€1.9m
€1.9m
-
-
-
-
Other loans174
€1.9m
€1.9m
-
-
-
-
Amounts payable within one year42/48
€70.2m
€69.1m
€2.5m
€1.1m
€0.4m
▼ 65.6%
Trade debts44
€0.2m
€0.2m
€0.07m
€0.2m
€0.05m
▼ 72.6%
Suppliers440/4
€0.2m
€0.2m
€0.07m
€0.2m
€0.05m
▼ 72.6%
Taxes, remuneration and social security45
€0.2m
€0.2m
€0.2m
€0.3m
€0.3m
▼ 4.6%
Taxes450/3
€0.03m
€0.03m
€0.03m
€0.02m
€0.04m
▲ 100%
Remuneration and social security454/9
€0.2m
€0.2m
€0.2m
€0.3m
€0.3m
▼ 11.7%
Other amounts payable47/48
€69.8m
€68.8m
€2.2m
€0.6m
-
-
Accrued charges and deferred income492/3
€0.006m
€0.005m
€0.001m
-
-
-
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€0.1m
€0.3m
€0.4m
-€0.3m
€0.2m
▲ 166%
+ Depreciation and write-downs630
€0.1m
€0.3m
€0.3m
€0.2m
€0.2m
▼ 5.1%
Operating cash flow (approximation)
€0.2m
€0.6m
€0.6m
-€0.02m
€0.4m
▲ 2,093%
Investment in fixed assets (approximation)
-
-€0.2m
-€0.4m
€0.5m
-€0.003m
▼ 101%
Change in cash
-
€0.6m
-€5.2m
-€0.003m
€0.001m
▲ 141%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Of 24,494 companies in this sector we hold annual accounts for 9,420. 4,054 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
3 directors, 1 in day-to-day management, no change since 2025
Board 3
PB
Pivanto BV
Director · since 02-09-2024 · Legal entity · perm. rep.: Philippe Joos
Current
O&
Odds & Overlay BV
Director · Legal entity · perm. rep.: Tom De Clercq
Current
OE
Eamoin O'Loughlin
Director · since 14-12-2022 · from a recent act
Current
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of SPEELHAL.NET and those of the other companies, the acts in the Belgian Gazette and the LEI register.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
25 connected companies
Depth
Shared directorsBundled connections
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
When capital was put in or taken out. An increase often strengthens the company; a reduction deserves a look.
Capital over the years
22-10-2020Capital stated in 3 acts · €123,946.76 · 500 shares
Timeline
37 eventsLatest 09-06-2026Next filing 31-07-2027
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
SPEELHAL.NET was incorporated on 1 June 1990.1The registered office moved to Affligem in 2005, to Aalst-Erembodegem in 2016 and to Erembodegem in 2025.234The board currently has 3 members; Eamoin O'Loughlin has served longest, since 2022.5Revenue grew from €758,800 in 2018 to €1.2m in 2022 and headcount from 12 full-time equivalents in 2018 to 20.2 in 2025.6
Auditor appointment, BVCVBA ERNST & YOUNG, bedrijfsrevisoren (statutory auditor)
Permanent representative, Paul EELEN
Joint representation, De vennootschap wordt in rechte en ten aanzien van derden geldig vertegenwoordigd door één bestuurder en één vertegenwoordiger van Betco, gezamenlijk optredend.
Group control, Enige beslissing van de raad van bestuur met betrekking tot de Bestuursaangelegenheden (goedkeuring jaarlijks budget, strategie, financiering, investeringen > E…
2015
14-07
State Gazette actMiscellaneous
Change of control2 facts ▸
General meeting, 30-06-2015
Change of control, Wijziging van controle
2011
06-09
State Gazette actReappointments: Tom De Clercq (managing director) and Mieke Michiels (director)
Scores and ratios are computed by Checked and are not a credit decision.
Articles of association
PurposeThe activities the company may carry out under its articles.
De handel, onder al zijn vormen, van café- en gezelschapsspelen, lunaparken, kansspelinrichtingen klasse II, kansspelen, muziekinstallaties, automaten in de horecasector en in het…
Full purpose
De handel, onder al zijn vormen, van café- en gezelschapsspelen, lunaparken, kansspelinrichtingen klasse II, kansspelen, muziekinstallaties, automaten in de horecasector en in het algemeen van alle daarmee verband houdende zaken en bedrijven, zoals het uitbaten van café, brasserie en andere horecabedrijven. De verrichtingen in rechtstreeks of onrechtstreeks verband met de aankoop, het plaatsen, de uitbating van automatische spelen, elektronische spelen, caféspelen, biljarten, de herstelling en onderhoud van deze apparaten, de organisatie van alle onderhoudsdiensten, zonder dat hetgeen voorafgaat zou beperkend zijn. Alle activiteiten die in rechtstreeks of onrechtstreeks verband staan met de invoer en uitvoer of met het in handel brengen van deze apparaten, alsook iedere activiteit in verband met de uitbating van restaurant alsook met de uitbating van alle drankgelegenheden. Zij mag alle industriële, commerciële, financiële, roerende of onroerende bewerkingen doen die rechtstreeks of onrechtstreeks in betrekking staan met haar voorwerp of die van aard zijn de uitbreiding en de ontwikkeling ervan te bevorderen. Alle mogelijke advies –en/of dienstenfuncties, consultancy, opleiding. Technische expertise op het vlak van uitbating van lunaparken. Het voorlichten, het documenteren, het bijstaan, het vertegenwoordigen, het uitvoeren van opdrachten van en voor rekening van derden op het gebied van boekhouding, fiscaal –en sociaal recht, dit alles in de meest uitgebreide zin. Het geven van advies en verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven die op dit domein actief zijn, de vertegenwoordiging en het optreden als commercieel tussenpersoon. De vennootschap mag eveneens belangen nemen, hetzij door deelneming, inbreng of elke andere wijze, in alle vennootschappen, ondernemingen of groeperingen, die een gelijkluidend, soortgelijk of aanvullend voorwerp nastreven, of die van aard zijn de ontwikkeling van haar onderneming te bevorderen. De vennootschap mag, zowel in België als in het buitenland, alle akten en handelingen verrichten die nodig of nuttig zijn tot verwezenlijking van haar voorwerp.