ACTIVE

COMPAL

Export PDF

Financial year 2025 · closed on 30/12/2025

Net result

174,4 k €

+57.1% YoY

Gross margin

335,9 k €

+57.0% YoY

Equity

557,7 k €

+45.5% YoY

What does COMPAL do?

COMPAL is a Public limited company incorporated in 1982. Its main activity is: Gambling and betting activities. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0422.660.177

Incorporation

22/04/1982

Legal form

Public limited company

Registered office

Place Marie-José 15 box 1
1050 Ixelles · BruxellesSee on map

Contributed capital

410 300,00 €

Latest accounts

30/12/2025

Activities (NACE)

92611Gambling and betting activities· main 93110Operation of sports facilities 93110Operation of sports facilities

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	335,9 k €	+57.0%	213,9 k €	+346%	47,9 k €	-57.3%	112,3 k €	-11.6%	127 k €	+58.5%	80,1 k €	+9.4%	73,3 k €	-43.1%	128,7 k €	-6.0%	136,9 k €	-18.3%	167,6 k €	-0.0%	167,7 k €	-9.0%	184,4 k €	+38.3%	133,3 k €	+8.7%	122,7 k €	-13.5%	141,8 k €	+22.6%	115,6 k €	+14.7%	100,8 k €	-7.0%	108,4 k €	+92.5%	56,3 k €	-33.1%	84,2 k €
EBITDA	321,1 k €	+61.5%	198,8 k €	+665%	26 k €	-2.7%	26,7 k €	-68.5%	84,9 k €	+101%	42,3 k €	+11017%	-387,9 €	-101%	36,2 k €	-16.7%	43,4 k €	-40.6%	73,1 k €	-1.0%	73,9 k €	-22.8%	95,7 k €	+129%	41,7 k €	-10.4%	46,6 k €	-37.1%	74 k €	+26.2%	58,6 k €	+61.9%	36,2 k €	-36.5%	57 k €	+375%	12 k €	-81.7%	65,4 k €
Operating result	273,7 k €	+66.8%	164,1 k €	+1623%	-10,8 k €	+12.4%	-12,3 k €	-122%	55,7 k €	+165%	21 k €	+193%	-22,5 k €	-235%	16,7 k €	-37.2%	26,6 k €	-51.1%	54,4 k €	+0.9%	53,9 k €	-28.7%	75,6 k €	+258%	21,1 k €	+0.5%	21 k €	-56.9%	48,7 k €	+44.4%	33,8 k €	+214%	10,7 k €	-65.4%	31,1 k €	+299%	-15,6 k €	-138%	41,6 k €
Net result	174,4 k €	+57.1%	111 k €	+612%	-21,7 k €	+9.3%	-23,9 k €	-169%	34,6 k €	+280%	9,1 k €	+129%	-31,2 k €	-800%	4,4 k €	-67.1%	13,5 k €	-66.6%	40,5 k €	+5.2%	38,5 k €	-34.1%	58,5 k €	+1003%	5,3 k €	+146%	-11,6 k €	-202%	11,3 k €	+177%	-14,6 k €	+69.1%	-47,4 k €	-84.9%	-25,6 k €	+56.4%	-58,7 k €	-416%	18,6 k €
Balance sheet
Equity	557,7 k €	+45.5%	383,3 k €	+40.8%	272,2 k €	-7.4%	293,9 k €	-7.5%	317,8 k €	+9.9%	289,3 k €	+3.3%	280,2 k €	-10.0%	311,4 k €	+1.4%	306,9 k €	+4.6%	293,4 k €	+16.0%	252,9 k €	+18.0%	214,3 k €	+37.5%	155,9 k €	+3.5%	150,6 k €	-7.2%	162,2 k €	+7.5%	150,9 k €	-8.8%	165,5 k €	-22.3%	212,8 k €	-10.7%	238,5 k €	-19.8%	297,2 k €
Total assets	1,2 M €	+50.6%	768,3 k €	-4.1%	801,5 k €	-8.1%	872,1 k €	-4.5%	913,6 k €	+29.4%	706,1 k €	+0.4%	703,3 k €	-4.3%	734,8 k €	+0.6%	730,3 k €	-9.6%	808 k €	-0.8%	814,6 k €	+4.0%	782,9 k €	+3.2%	758,4 k €	-2.4%	777,2 k €	-6.0%	826,8 k €	-1.2%	836,8 k €	-1.5%	849,7 k €	-3.8%	883,2 k €	-0.3%	886 k €	+21.5%	729 k €
Cash	5,7 k €	-91.7%	67,9 k €	+73.1%	39,2 k €	-27.3%	54 k €	+113%	25,4 k €	-54.3%	55,6 k €	+126%	24,6 k €	-55.9%	55,8 k €	+67.8%	33,3 k €	-66.5%	99,2 k €	+38.5%	71,6 k €	+88.1%	38,1 k €	+498%	6,4 k €	-17.8%	7,8 k €	+2.4%	7,6 k €	-13.7%	8,8 k €	+137%	3,7 k €	-55.2%	8,3 k €	+113%	3,9 k €	-37.8%	6,2 k €
Debts	483,3 k €	+42.9%	338,2 k €	-36.1%	529,2 k €	-8.5%	578,1 k €	-3.0%	595,8 k €	+42.9%	416,8 k €	-1.5%	423,1 k €	+0.2%	422,1 k €	-0.3%	423,4 k €	-17.7%	514,6 k €	-8.4%	561,7 k €	-1.2%	568,6 k €	-4.1%	593,2 k €	-3.4%	613,9 k €	-7.6%	664,6 k €	-3.1%	686 k €	+0.3%	684,3 k €	+2.1%	670,4 k €	+3.5%	647,5 k €	+49.9%	431,9 k €
Other
Workforce	–		–		–		–		–		–		–		–		0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP	-33.3%	0,3 ETP	0.0%	0,3 ETP	-40.0%	0,5 ETP	0.0%	0,5 ETP	+25.0%	0,4 ETP	0.0%	0,4 ETP	+33.3%	0,3 ETP	+50.0%	0,2 ETP		0,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/12/2025 · 1 active · 15 ended

Active mandates

Luc MAISIN

Director · since 30 mars 2026

Active

Ended mandates

Alexander MAISIN

Director · since 12 février 2024

Ended

Emilie MAISIN

Director · since 12 février 2024

Ended

Luc MAISIN

Managing director · since 12 février 2024

Ended

Luc MAISIN

Managing director · since 26 mai 2023

Ended

At this address

Other companies at this address

Company	CBE no.
CITYPHAR● Active	0422.011.960

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Closing of the financial year	30/12/2025	30/12/2024	30/12/2023	30/12/2022	30/12/2021	30/12/2020
Length of the financial year	13 months	13 months	13 months	13 months	13 months	13 months
Filing date	09/04/2026	23/06/2025	30/07/2024	26/07/2023	07/07/2022	31/07/2021
General meeting	31/03/2026	26/05/2025	27/05/2024	30/05/2023	30/05/2022	31/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/12/2025	31/03/2026	09/04/2026	Dutch	PDF
Micro model	30/12/2024	26/05/2025	23/06/2025	Dutch	PDF
Micro model	30/12/2023	27/05/2024	30/07/2024	Dutch	PDF
Micro model	30/12/2022	30/05/2023	26/07/2023	Dutch	PDF
Micro model	30/12/2021	30/05/2022	07/07/2022	Dutch	PDF
Micro model	30/12/2020	31/05/2021	31/07/2021	Dutch	PDF
Micro model	30/12/2019	25/05/2020	31/07/2020	Dutch	PDF
Micro model	30/12/2018	27/05/2019	27/06/2019	Dutch	PDF
Abridged model	30/12/2017	28/05/2018	28/06/2018	Dutch	PDF
Abridged model	30/12/2016	29/05/2017	29/06/2017	Dutch	PDF
Abridged model	30/12/2015	30/05/2016	27/06/2016	Dutch	PDF
Abridged model	30/12/2014	31/05/2015	11/07/2015	Dutch	PDF
Abridged model	30/12/2013	26/05/2014	28/06/2014	Dutch	PDF
Abridged model	30/12/2012	27/05/2013	30/07/2013	Dutch	PDF
Abridged model	30/12/2011	28/05/2012	13/06/2012	Dutch	PDF
Abridged model	30/12/2010	30/05/2011	08/07/2011	Dutch	PDF
Abridged model	30/12/2009	31/05/2010	28/06/2010	Dutch	PDF
Abridged model	30/12/2008	25/05/2009	27/06/2009	Dutch	PDF
Abridged model	30/12/2007	26/05/2008	26/06/2008	Dutch	PDF
Abridged model	30/12/2006	28/05/2007	07/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/12/2025 · 1 active · 15 ended

Active mandates

Luc MAISIN

Director · since 30 mars 2026

Active

Ended mandates

Alexander MAISIN

Director · since 12 février 2024

Ended

Emilie MAISIN

Director · since 12 février 2024

Ended

Luc MAISIN

Managing director · since 12 février 2024

Ended

Luc MAISIN

Managing director · since 26 mai 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other31/01/2013
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/02/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/04/2006
ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/10/2004
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
PDF
Mandates09/09/2003
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025174,4 k €↑
2024
Annual accounts 2024111 k €↑
2023
Annual accounts 2023-21,7 k €↑
2022
Annual accounts 2022-23,9 k €↓
2021
Annual accounts 202134,6 k €↑
2020
Annual accounts 20209,1 k €↑
2019
Annual accounts 2019-31,2 k €↓
2018
Annual accounts 20184,4 k €↓
2017
Annual accounts 201713,5 k €↓
2016
Annual accounts 201640,5 k €↑
2015
Annual accounts 201538,5 k €↓
2014
Annual accounts 201458,5 k €↑
2013
Annual accounts 20135,3 k €↑
2012
Annual accounts 2012-11,6 k €↓
2011
Annual accounts 201111,3 k €↑
2010
Annual accounts 2010-14,6 k €↑
2009
Annual accounts 2009-47,4 k €↓
2008
Annual accounts 2008-25,6 k €↑
2007
Annual accounts 2007-58,7 k €↓
2006
Annual accounts 200618,6 k €
22/04/1982
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

COMPAL

Overview

What does COMPAL do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline