Semois Midco
Semois Midco and the 20 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.
Sum of the filed annual accounts of 20 of the 20 Belgian companies (fiscal years 2025-2026). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.
Consolidated accounts 2025
Filed by Semois Midco: the group's figures as one whole, with intra-group positions eliminated. These are the real group figures.
Group risk
How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.
- The parent itself: Semois Midco, healthy (89/100).
- 1 company with negative equity: HQ1 (-€98.8m).
- 8 companies with a loss in the latest year: HQ1 (-€81.7m), TECHNO1 (-€1.7m), 9ALIKE (-€670,519), NAMUR CASINO RESORT (-€53,561), Semois Midco (-€30,224), BIGB GAMING (-€26,651) and 2 more.
- 4 companies no longer active in the register: BSMANAGEMENT, EURO 78, LUCKY BET, STARDUWEB HOLDING.
- 64.7% of the added-up total assets sits in one company: HQ1.
- 3.3% of the added-up total assets sits at companies with an elevated or high risk.
Group structure
Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.
- Semois Midco1 subsidiaryHealthy · 89€26.6m €26.5m 2025
- Semois Bidco1 subsidiaryNo verdict€39.1m €34.6m 2025
- CIRCUS SERVICES2 subsidiariesHealthy · 82€12.2m €10.5m 2025
- HQ110 subsidiariesNo verdict€481.7m -€98.8m 2025
- No verdict€147,599 €145,239 2025
- ARDENT CASINO INTERNATIONAL1 subsidiaryHealthy · 96€40.9m €40.9m 2025
- CIRCUS CASINO FRANCE
- BSMANAGEMENT1 subsidiaryElevated€1.3m €1.3m 2026
- Elevated€639,127 €639,127 2026
- Healthy · 94€28.2m €17.5m 2025
- Healthy · 96€24.3m €20.4m 2025
- Healthy · 92€37.4m €15.9m 2025
- Healthy · 88€8.3m €5.0m 2025
- Elevated · 56€20.7m €6.5m 2025
- Healthy · 70€1.1m €432,485 2025
High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.
Shared directors
Who sits on the boards of several group companies. This is where control over the group sits in practice.
- 5
- 4
- 3
- 2
- 2
- 2
Events in the group
Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.
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Company renamed to GAMBLING REAL ESTATE
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Renaud Thys appointed as director
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4 directors appointed
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3 directors appointed
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2 directors appointed, 2 directors resigning
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Discharge granted to the board
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3 reappointed
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Dissolution of the company
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Dissolution of the company
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Registered office moved to Grobbendonk
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Registered office moved to Grobbendonk
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Dissolution of the company
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Discharge granted to the board
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Discharge granted to the board
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Change of permanent representative
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Sabrina ROCCA appointed as non-statutory director
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Share issue
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Dorian Verfaille resigns as membre du conseil de direction
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Dissolution with immediate closure of the liquidation
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Dissolution with immediate closure of the liquidation
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Discharge granted to the board
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Where do these figures come from?
Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.
The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.
The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.
Updated on 07-10-2026