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1,618

Active
Private limited companyfounded 201213 yrs activeBoulevard Raymond-Poincaré 7/200, 4020 Liège, BelgiumKBO/BCE: BE 0849.596.769
Summary

1,618 has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €147,055 and a net result of €68,221. Equity is growing by ~39.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability75▲+2
Solvency37▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity short (current ratio 0.54 against 0.7 in 2023; short-term debt: 87.4% and cash: 4.5% of total assets), and 88.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 d early
2024
57 d late
2023
35 d early
2022
38 d early
2021
30 d early
2020
53 d early
2019
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 29 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

1,618 was incorporated on 15 October 2012.1 Total assets rose from EUR 651,013 in 2018 to EUR 1.3 million in 2024 and headcount from 8.2 to 10.2 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€68,221▲ 79.1%
2023 · €38,099
Working capital
-€512,945▼ 64.0%
2023 · -€312,681
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€991€31,881-€1,811€50,120€135,234▲ 170%
Net result-€8,741within the sector's middle half€24,217above the sector's middle half-€5,926below the sector's middle half€38,099above the sector's middle half€68,221above the sector's middle half▲ 79.1%
Equity€22,445within the sector's middle half▼ 28.0%€46,661within the sector's middle half▲ 108%€40,735within the sector's middle half▼ 12.7%€78,834within the sector's middle half▲ 93.5%€147,055above the sector's middle half▲ 86.5%
Total assets€501,645within the sector's middle half▲ 49.0%€705,292above the sector's middle half▲ 40.6%€719,694above the sector's middle half▲ 2.0%€1.1mabove the sector's middle half▲ 59.4%€1.3mabove the sector's middle half▲ 11.3%
Debt€378,820▲ 47.6%€537,024▲ 41.8%€606,804▲ 13.0%€1.0m▲ 71.3%€1.1m▲ 7.4%
Working capital€33,058within the sector's middle half€112,703above the sector's middle half▲ 241%€58,185above the sector's middle half▼ 48.4%-€312,681below the sector's middle half-€512,945below the sector's middle half▼ 64.0%
Solvency4.5%within the sector's middle half▼ 4.8pp6.6%within the sector's middle half▲ 2.1pp5.7%within the sector's middle half▼ 1.0pp6.9%within the sector's middle half▲ 1.2pp11.5%within the sector's middle half▲ 4.6pp
Current ratio1.09within the sector's middle half▲ 0.211.21within the sector's middle half▲ 0.131.10within the sector's middle half▼ 0.120.70within the sector's middle half▼ 0.400.54within the sector's middle half▼ 0.16
Return on assets (ROA)-1.7%within the sector's middle half▼ 9.1pp3.4%within the sector's middle half▲ 5.2pp-0.8%within the sector's middle half▼ 4.3pp3.3%within the sector's middle half▲ 4.1pp5.3%within the sector's middle half▲ 2.0pp
Staff (FTE)6.3within the sector's middle half▼ 26.7%5.5▼ 12.7%10.7▲ 94.5%9.8▼ 8.4%10.2▲ 4.1%
above within below the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000€150,000Operating result 2020: -€991-€991Net result 2020: -€8,741-€8,741Operating result 2021: €31,881€31,881Net result 2021: €24,217€24,217Operating result 2022: -€1,811-€1,811Net result 2022: -€5,926-€5,926Operating result 2023: €50,120€50,120Net result 2023: €38,099€38,099Operating result 2024: €135,234€135,234Net result 2024: €68,221€68,22120202021202220232024-€50,000€0€50,000€100,000€150,000Operating result 2022: -€1,811-€1,810Net result 2022: -€5,926-€5,930Operating result 2023: €50,120€50,100Net result 2023: €38,099€38,100Operating result 2024: €135,234€135,000Net result 2024: €68,221€68,200202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 170% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.3m
Fixed assets €673,205 ▲ 60.1%
Current assets €603,757 ▼ 16.9%
Equity and liabilities €1.3m
Equity €147,055 ▲ 86.5%
Provisions €13,205 ▼ 54.5%
Debt €1.1m ▲ 7.4%
Debt's share of the balance-sheet total falls from 90.6% to 87.4%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€197,358▲
2023 · €78,440
Cash flow
€130,345▲
2023 · €66,419
Quick ratio
0.53▼
2023 · 0.69
Debt to equity
7.59▼
2023 · 13.18
ROE
46.4%▼
2023 · 48.3%
Interest coverage
27.51▲
2023 · 12.37
Debt ≤ 1 year
€1.1m▲
2023 · €1.0m
Income taxes
€60,132▲
2023 · €5,902
Staff costs
€336,543▲
2023 · €332,309
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,609 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
2.1% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,340 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 2,609 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.1m€1.3m▲
Fixed assets21/28€420,545€673,205▲
Intangible fixed assets21€24,484€31,516▲
Tangible fixed assets22/27€292,061€641,689▲
Plant, machinery and equipment23€183,224€510,370▲
Furniture and vehicles24€108,837€131,319▲
Financial fixed assets28€104,000-
Current assets29/58€726,680€603,757▼
Stocks and contracts in progress3€11,883€9,763▼
Stocks30/36€11,883€9,763▼
Amounts receivable within one year40/41€535,327€533,588▼
Trade receivables40€517,933€520,141▲
Other amounts receivable41€17,395€13,447▼
Cash at bank and in hand54/58€170,119€57,586▼
Deferred charges and accrued income490/1€9,350€2,819▼
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.3m▲
Equity10/15€78,834€147,055▲
Contributions10/11€8,670€8,670=
Reserves13€1,855€1,855=
Distributable reserves133€1,855€1,855=
Profit (loss) carried forward14€68,309€136,530▲
Provisions and deferred taxes16€29,030€13,205▼
Provisions for liabilities and charges160/5€29,030€13,205▼
Major repairs and maintenance162€29,030€13,205▼
Amounts payable17/49€1.0m€1.1m▲
Amounts payable within one year42/48€1.0m€1.1m▲
Trade debts44€216,046€245,033▲
Suppliers440/4€216,046€245,033▲
Taxes, remuneration and social security45€31,887€92,297▲
Taxes450/3€5,900€62,887▲
Remuneration and social security454/9€25,987€29,410▲
Other amounts payable47/48€791,428€779,371▼
Income statement Code20232024
Remuneration, social security and pensions62€332,309€336,543▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,321€62,124▲
Other operating charges640/8€27,692€34,836▲
Gross operating margin9900€438,442€568,738▲
Operating profit (loss)9901€50,120€135,234▲
Financial income75/76B€224€293▲
Recurring financial income75€224€293▲
Financial charges65/66B€6,342€7,175▲
Recurring financial charges65€6,342€7,175▲
Profit (loss) for the period before taxes9903€44,001€128,353▲
Income taxes67/77€5,902€60,132▲
Profit (loss) for the period9904€38,099€68,221▲
Profit (loss) for the period to be appropriated9905€38,099€68,221▲
Appropriation of the result
Profit (loss) to be appropriated9906€68,309€136,530▲
Profit (loss) brought forward from the previous period14P€30,210€68,309▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€103,059€282,293€332,309€336,543▲ 1.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,762€24,660€19,552€28,321€62,124▲ 119%
Other operating charges640/8-€21,073€22,784€27,692€34,836▲ 25.8%
Gross operating margin9900€149,524€180,674€322,818€438,442€568,738▲ 29.7%
Operating profit (loss)9901-€991€31,881-€1,811€50,120€135,234▲ 170%
Financial income75/76B---€224€293▲ 31.2%
Recurring financial income75---€224€293▲ 31.2%
Financial charges65/66B-€2,206€4,122€6,342€7,175▲ 13.1%
Recurring financial charges65€2,750€2,206€4,122€6,342€7,175▲ 13.1%
Profit (loss) for the period before taxes9903-€3,741€29,675-€5,934€44,001€128,353▲ 192%
Income taxes67/77€5,000€5,458-€8€5,902€60,132▲ 919%
Profit (loss) for the period9904-€8,741€24,217-€5,926€38,099€68,221▲ 79.1%
Profit (loss) for the period to be appropriated9905-€8,741€24,217-€5,926€38,099€68,221▲ 79.1%
Line20202021202220232024Change
Assets
Total assets20/58€501,645€705,292€719,694€1.1m€1.3m▲ 11.3%
Fixed assets21/28€89,767€67,286€54,705€420,545€673,205▲ 60.1%
Intangible fixed assets21---€24,484€31,516▲ 28.7%
Tangible fixed assets22/27€89,767€67,286€54,705€292,061€641,689▲ 120%
Plant, machinery and equipment23-€63,915€52,260€183,224€510,370▲ 179%
Furniture and vehicles24-€3,371€2,445€108,837€131,319▲ 20.7%
Financial fixed assets28---€104,000--
Current assets29/58€411,878€638,007€664,990€726,680€603,757▼ 16.9%
Stocks and contracts in progress3€8,445€8,160€11,302€11,883€9,763▼ 17.8%
Stocks30/36-€8,160€11,302€11,883€9,763▼ 17.8%
Amounts receivable within one year40/41€353,163€500,122€495,503€535,327€533,588▼ 0.3%
Trade receivables40-€499,836€491,414€517,933€520,141▲ 0.4%
Other amounts receivable41-€286€4,089€17,395€13,447▼ 22.7%
Cash at bank and in hand54/58€41,965€122,286€149,582€170,119€57,586▼ 66.1%
Deferred charges and accrued income490/1-€7,438€8,603€9,350€2,819▼ 69.8%
Equity and liabilities
Total equity and liabilities10/49€501,645€705,292€719,694€1.1m€1.3m▲ 11.3%
Equity10/15€22,445€46,661€40,735€78,834€147,055▲ 86.5%
Contributions10/11-€8,670€8,670€8,670€8,670=
Reserves13€1,855€1,855€1,855€1,855€1,855=
Non-distributable reserves130/1-€1,855€1,855---
Reserves not available under the articles1311-€1,855€1,855---
Distributable reserves133---€1,855€1,855=
Profit (loss) carried forward14€11,920€36,136€30,210€68,309€136,530▲ 99.9%
Provisions and deferred taxes16€100,380€121,607€72,154€29,030€13,205▼ 54.5%
Provisions for liabilities and charges160/5-€121,607€72,154€29,030€13,205▼ 54.5%
Major repairs and maintenance162-€121,607€72,154€29,030€13,205▼ 54.5%
Amounts payable17/49€378,820€537,024€606,804€1.0m€1.1m▲ 7.4%
Amounts payable within one year42/48€378,820€525,304€606,804€1.0m€1.1m▲ 7.4%
Trade debts44€107,180€181,627€211,222€216,046€245,033▲ 13.4%
Suppliers440/4-€181,627€211,222€216,046€245,033▲ 13.4%
Taxes, remuneration and social security45-€38,475€47,924€31,887€92,297▲ 189%
Taxes450/3-€20,941€5,472€5,900€62,887▲ 966%
Remuneration and social security454/9-€17,534€42,451€25,987€29,410▲ 13.2%
Other amounts payable47/48-€305,201€347,659€791,428€779,371▼ 1.5%
Accrued charges and deferred income492/3-€11,721----
Line20202021202220232024Change
Profit (loss) for the period9904-€8,741€24,217-€5,926€38,099€68,221▲ 79.1%
+ Depreciation and write-downs630€24,762€24,660€19,552€28,321€62,124▲ 119%
Operating cash flow (approximation)€16,021€48,877€13,626€66,419€130,345▲ 96.2%
Investment in fixed assets (approximation)--€2,179-€6,971-€394,161-€314,784▲ 20.1%
Change in cash-€80,322€27,296€20,536-€112,533▼ 648%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
26-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial Highest result since 2018net €68,221 ▲79.1%
Operating result €135,234, net result €68,221, both a record.
31-12
Financial Equity above €100,000Eq €147,055 ▲86.5%
2 profitable years in a row build equity to €147,055.
26-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €38,099
Net result €38,099 after one loss-making year.
23-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €24,217
Net result €24,217 after one loss-making year.
08-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet -€8,741
Net result drops to -€8,741, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
03-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 3 days late
2017
12-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Liège · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
6,611 m²
Building footprint
4,730 m²
Volume, LiDAR
75,583 m³
Parcel 62817B0604/00D002, Wallonia · tallest building 25.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Boulevard Raymond-Poincaré 7, 4020 Liège
Operation of sports facilities
since 20122.213.537.822
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62817B0604/00D002 Wallonia 6,611 m² 1 · 4,730 m² 25.6 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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

1 site
Liège2.213.537.822
1 permission
Toelating · Eetgelegenheid · since 17-10-2013

Similar companies · same sector, comparable size

Of 3,294 companies in sector 93110 we hold annual accounts for 1,500. 1,124 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded15-10-2012
Fiscal year end31-12
Activities, NACEBEL 2025
93110Operation of sports facilities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0849596769
Also 9925:BE0849596769
Registered 14-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.