SPIELOTHEK
ActiveSummary
The computed 12-month bankruptcy probability of SPIELOTHEK is 2.3% (moderate). The 2024 annual accounts show equity of €2.86M and a net result of €1.13M. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 58% of 71 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency90▼-10
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 2.12 against 1.28 in 2023; short-term debt: 35.2% and cash: 66.9% of total assets), and 35.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 92
Relative position
BE, all sectors
reference
Sector 92
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
64.8%
Return on assets
25.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 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
not confirmed
2024
22 d late
2023
20 d early
2022
39 d late
2021
40 d late
2020
74 d late
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.13M
2023 · €-1.28M
2018: €536k
2019: €799k
2020: €300k
2021: €652k
2022: €739k
2023: €-1.28M
2018 → 2024
Working capital
€1.73M▲ 1,038%
2023 · €152k
2018: €-70k
2019: €328k
2020: €198k
2021: €304k
2022: €1.14M
2023: €152k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3.01M-€3.07M▲ 1.7%€3.81M▲ 24.1%€2.53M▼ 33.6%€2.86M▲ 13.1%
Operating result€143k-€686k▲ 381%€673k▼ 1.9%€-1.06M€1.36M
Net result€300k-€652k▲ 118%€739k▲ 13.4%€-1.28M€1.13M
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €1.36M after a loss of €1.06M in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.41M
Fixed assets
€1.12M ▼ 52.7%
Current assets
€3.28M ▲ 366%
Equity and liabilities €4.41M
Equity
€2.86M ▲ 13.1%
Debt
€1.55M ▲ 181%
Debt's share of the balance-sheet total rises from 17.9% to 35.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.46M▲
2023 · €-967k
Cash flow
€1.24M▲
2023 · €-1.18M
Current ratio
2.12▲
2023 · 1.28
Debt to equity
0.54▲
2023 · 0.22
ROE
39.6%▲
2023 · -50.7%
ROA
25.7%▲
2023 · -41.6%
Interest coverage
79.95▲
2023 · -17.01
Debt ≤ 1 year
€1.55M▲
2023 · €552k
Income taxes
€212k▲
2023 · €167k
Staff costs
€1.11M▲
2023 · €1.06M
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 · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.08M€4.41M▲
Fixed assets21/28€2.37M€1.12M▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€361k€442k▲
Plant, machinery and equipment23€36k€115k▲
Furniture and vehicles24€13k€12k▼
Other tangible fixed assets26€312k€315k▲
Financial fixed assets28€2.01M€682k▼
Current assets29/58€704k€3.28M▲
Amounts receivable within one year40/41€396k€330k▼
Trade receivables40€135k€34k▼
Other amounts receivable41€261k€296k▲
Cash at bank and in hand54/58€308k€2.95M▲
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€3.08M€4.41M▲
Equity10/15€2.53M€2.86M▲
Contributions10/11€2.74M€2.74M=
Reserves13€54k€54k=
Non-distributable reserves130/1€54k-
Reserves not available under the articles1311€54k-
Distributable reserves133-€54k
Profit (loss) carried forward14€-268k€63k▲
Amounts payable17/49€552k€1.55M▲
Amounts payable within one year42/48€552k€1.55M▲
Current portion of amounts payable after more than one year42-€0
Financial debts43€95k€0▼
Other loans439€95k€0▼
Trade debts44€331k€635k▲
Suppliers440/4€331k€635k▲
Taxes, remuneration and social security45€119k€93k▼
Taxes450/3€672€3k▲
Remuneration and social security454/9€118k€90k▼
Other amounts payable47/48€7k€822k▲
Income statement
Code20232024
Non-recurring operating income76A€8k€557k▲
Remuneration, social security and pensions62€1.06M€1.11M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98k€105k▲
Other operating charges640/8€33k€57k▲
Non-recurring operating charges66A€1.75M€12k▼
Gross operating margin9900€1.87M€2.64M▲
Operating profit (loss)9901€-1.06M€1.36M▲
Financial income75/76B€9k€4k▼
Recurring financial income75€9k€4k▼
Financial charges65/66B€57k€18k▼
Recurring financial charges65€57k€18k▼
Profit (loss) for the period before taxes9903€-1.11M€1.34M▲
Income taxes67/77€167k€212k▲
Profit (loss) for the period9904€-1.28M€1.13M▲
Profit (loss) for the period to be appropriated9905€-1.28M€1.13M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-268k€863k▲
Profit (loss) brought forward from the previous period14P€1.01M€-268k▼
Profit to be distributed694/7-€800k
Return on contributions (dividend)694-€800k
Social balance
Average headcount (FTE)908719.217.7▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 22 days late
2024
31-12
Financial
Back to profitnet €1.13M
Net result €1.13M after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-1.28M ▼273%
Net result drops to €-1.28M, the lowest in the series; recovery starts the following year.
08-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 39 days late
2022
31-12
Financial
Liquidity quadruplescurrent ratio 4.48
Current ratio from 1.26 to 4.48; short-term debt falls from €1.17M to €329k.
09-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 40 days late
2021
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 74 days late
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Brussel · 5 establishment units since 2006
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.
Oorlogskruisenlaan 1201120 BrusselGround area
7,503 m²
Building footprint
2,975 m²
Volume, LiDAR
23,157 m³
5 parcels, Brussels, Wallonia · tallest building 25.0 m, ±7 floors. Linked by address, not a title deed.
5 establishment units
G.P. Tournai
since 20062.152.843.239
GOLDEN PALACE JAMBES
since 20062.152.843.536
G.P. Saint-Josse-ten-Noode
since 20062.152.844.130
Golden Palace Vip Tournai
since 20162.313.926.882
G.P. LA GLANERIE
since 20172.267.229.302
5 parcels
Wallonia
3
(60%)
Brussels
2
(40%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819D0089/00R000 | Brussels | 3,002 m² | 1 · 1,835 m² | 11.1 m · 3 fl. |
| 57043C0703/00G002 | Wallonia | 2,726 m² | 1 · 579 m² | 5.5 m · 1 fl. |
| 92067B0136/00A000 | Wallonia | 835 m² | 1 · 271 m² | - |
| 57081F0685/00L000 | Wallonia | 762 m² | 1 · 118 m² | 17.0 m · 5 fl. |
| 21572B0280/00A002 | Brussels | 178 m² | 1 · 171 m² | 25.0 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 4
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesRumes2.267.229.302
Tournai2.152.843.239
Similar companies · same sector, comparable size
NOORDZEE ELECTRONICS
BE 0426.052.506
Anzegem · Eq €2.87M
CASINO KURSAAL OOSTENDE
BE 0414.052.319
Middelkerke · Eq €2.80M
BELGISCHE PMU
BE 0423.966.907
Brussel · Eq €2.94M
RAMSES
BE 0464.557.546
Grimbergen · Eq €3.01M
FUTURE GAMES
BE 0446.656.987
Aalst · Eq €2.71M
Of 506 companies in sector 92000 we hold annual accounts for 303. 140 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-08-2005
Fiscal year end31-12
Activities, NACEBEL 2025
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.