UNITED GAMES
ActiveSummary
UNITED GAMES has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.5m and a net result of €1.6m. Equity has been growing by about 8.2% per year since 2018. Its solvency ranks better than 52% of 58 sector peers (NACE 92, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 31-03-2015 Normal situation
- Activity
- Gambling and betting activities NACE 92000and 1 other
- Joint committees
- 149 Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.243.321.572 9000 Gent, since 31-03-2015
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- UNITED GROUPManaging director · permanent representative Joeri Pascual-Madorran
- INFISODirector · permanent representative VictorLéopoldThérèseRaymondBosquin
- TaleosDirector · permanent representative Nicolas Thomsin
- Auditor
- KPMG Réviseurs d'Entreprises
- UNITED GROUP100%annual accounts 2025
- Holdings
- Shares in 2 companies C-GAMES and EURAUTOMAT
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €10.0m
- ▲ 52×
- Turnover
- ≈ €17.0m
- estimated
- Profit
- €1.6m
- Equity
- €8.5m
- ▲ 22.9%
- Total assets
- €12.3m
- ▲ 14.4%
- Employees on 31-12-2025
- 32
- ▲ 32×
- 2025 accounts filed 28 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsLast filed accounts filed 28 days late; 2 of the last 3 accounts latelowers riskSize: 31.7 FTE, total assets €12.3m, files consolidated accountsLiquidity: current ratio 2.61, cash €1.8mShow the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 92). It does better than 71% of them on solvency, 61% on liquidity, 74% on profitability and 70% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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Signals
The company filed its last 6 accounts on average 21 days after the deadline. In the sector (NACE 92), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Merger proposal: UNITED GAMES takes over C-GAMESPermanent representative: Joeri Pascual-Madorran
- · Gazette deed 2 directors appointed, 1 director resigningAppointments: UNITED GROUP NV (persoon bevoegd voor het dagelijks bestuur) and PASCUAL INVEST BV (director) · Permanent representative: Joeri Pascual-Madorran · Resignation: Joeri Pascual-Madorran (director)
- · Gazette deed 2 directors appointed, 1 director resigningResignation: Carlos Pascual-Madorran (director) · Appointment: UNITED GROUP NV (director) · Permanent representatives: Carlos Pascual-Madorran, Victor Bosquin and Nicolas Thomsin
Comparable companies
These companies have the same main activity as UNITED GAMES: gambling and betting activities (NACE 92000). They are comparable in size and age: total assets between €4.4m and €16m, founded between 1997 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| UNITED GAMES Gent | €12.3m | €10.0m |
| GOLDEN PALACE ANTWERPEN Brussel | €6.4m | €6.2m |
| 711 Brugge | €8.9m | €8.8m |
| GOLDEN PALACE WATERLOO Brussel | €12.9m | €8.3m |
| TK Tintigny | €14.6m | €4.3m |
| GRAND CASINO DE DINANT Dinant | €16.1m | - |
| SPIELOTHEK Brussel | €4.4m | €2.6m |
Key facts about UNITED GAMES
- What is the company number of UNITED GAMES?
- The company number of UNITED GAMES is 0627.762.026. The VAT number is the same number with BE in front: BE 0627.762.026.
- Where is UNITED GAMES based?
- The registered office is at Wondelgemkaai 15, 9000 Gent.Company details
- What does UNITED GAMES do?
- According to the KBO register, the main activity is gambling and betting activities (NACE 92000).
- What is the legal form of UNITED GAMES?
- The legal form of UNITED GAMES is Public limited company (NV).
- When was UNITED GAMES founded?
- UNITED GAMES was founded on 31-03-2015.
- Is UNITED GAMES still active?
- Yes, UNITED GAMES is an active enterprise in the KBO register.
- How many employees does UNITED GAMES have?
- UNITED GAMES had an average of 31.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does UNITED GAMES fall under?
- In its 2025 annual accounts, UNITED GAMES states joint committees 149 (Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of UNITED GAMES?
- The turnover in financial year 2025 is ≈ €17.0m. This figure is estimated from the gross margin of €10.0m and 1,584 comparable companies of the same size. It probably lies between €12.0m and €28.0m. It is a rough estimate.
- Is UNITED GAMES profitable?
- In financial year 2025, UNITED GAMES made a profit of €1.6m.
- Where can I find the annual accounts of UNITED GAMES?
- UNITED GAMES filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of UNITED GAMES due?
- UNITED GAMES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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