ACTIVE

CAPITOLE

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Financial year 2025 · Closed on 31/12/2025

Net result-391,5 k €-270,1 %over 1 year

Gross margin892,5 k €-28,4 %over 1 year

Equity290,4 k €-24,9 %over 1 year

Workforce10,7 ETP+7,0 %over 1 year

Identity

Source · BCE/KBO

CAPITOLE is a Public limited company incorporated in 1995. Its main activity is: Gambling and betting activities. Its registered office is in Aalst. It employs on average 10,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0455.158.048
Incorporation: 02/05/1995
Legal form: Public limited company
Registered office: Korte Keppestraat 23
9320 Aalst · FlandreSee on map
Contributed capital: 1 350 439,42 €
Latest accounts: 31/12/2025
Average workforce: 10,7 ETP

Activities (NACE)

92000Gambling and betting activities· main 92000Gambling and betting activities 92722Gambling and betting activities 93292Other amusement and recreation activities 93293Other amusement and recreation activities 55301Camping grounds, recreational vehicle parks and trailer parks+5

Joint committees (4)

118
14904
218
302

Signals

Solid equityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	892,5 k €	-28.4%	1,2 M €	+0.4%	1,2 M €	+30.2%	953,6 k €	+35.0%	706,4 k €
EBITDA	-297,3 k €	-512%	72,1 k €	-17.3%	87,2 k €	+653%	-15,8 k €	-112%	132,9 k €
Operating result	-380,9 k €	-317%	-91,3 k €	-213%	-29,2 k €	+76.6%	-124,8 k €	-580%	26 k €
Net result	-391,5 k €	-270%	-105,8 k €	-122%	-47,6 k €	+62.1%	-125,6 k €	-734%	19,8 k €
Balance sheet
Equity	290,4 k €	-24.9%	387 k €	-21.5%	492,8 k €	+105%	240,4 k €	-34.3%	366 k €
Total assets	763,8 k €	+0.6%	759,5 k €	-35.6%	1,2 M €	+37.8%	855,9 k €	+4.9%	815,8 k €
Cash	128,3 k €	-18.9%	158,3 k €	-40.3%	265,2 k €	+69.3%	156,6 k €	+106%	76 k €
Debts	473,4 k €	+38.0%	343,1 k €	-50.1%	687,1 k €	+12.8%	609,2 k €	+39.7%	436 k €
Other
Workforce	10,7 ETP	+7.0%	10,0 ETP	+13.6%	8,8 ETP	-4.3%	9,2 ETP	-10.7%	10,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PIVANTO1011.432.262Represented by Philippe Joos	Director02/09/2024 → 09/05/2030
Eamonn O'Loughlin	Director10/11/2022 → 11/05/2028
ODDS & OVERLAY0633.613.304Represented by Tom De Clercq	Managing director02/09/2015 → 11/05/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Koen Sanders	Director19/12/2019 → 2022 accounts
Tim De Borle	Director30/03/2016 → 2019 accounts

Other companies at this address

Korte Keppestraat 23 9320 Aalst

Company	CBE no.
BEPRAQ INVEST● Active	0474.509.944
BREYDEL GAMES● Active	0862.109.175
COCKY'S GAMES● Active	0860.631.510
COPACO BELGIUM● Active	0466.466.565
COPACO FINANCIAL SERVICES BELGIUM● Active	0465.577.531
C-Products● Active	0806.942.604
DE CEUSTER CONTINENTAL● Active	0439.919.150
FE BTW Copaco sales Belgium● Active	0501.979.453
FUTURE GAMES● Active	0446.656.987
GAMES - LICHTERVELDE● Active	0862.689.195
Games - Nazareth● Active	0866.042.823
Gerardo● Active	0446.846.831
iGames support● Active	0440.931.316
IRJAM● Active	0468.317.483
JAVAS● Active	0475.967.518
LE CHÂTEAU● Active	0860.990.608
LUCKY SEVEN● Active	0453.116.197
LUNA INVEST● Active	0472.398.413
LUNATIM● Active	0440.502.239
M Aloha● Active	0752.868.171

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/06/2026	06/06/2025	07/06/2024	09/06/2023	29/06/2022	18/06/2021
General meeting	15/05/2026	08/05/2025	10/05/2024	11/05/2023	01/06/2022	14/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/05/2026	08/06/2026	Dutch	PDF
Abridged model	31/12/2024	08/05/2025	06/06/2025	Dutch	PDF
Abridged model	31/12/2023	10/05/2024	07/06/2024	Dutch	PDF
Abridged model	31/12/2022	11/05/2023	09/06/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	29/06/2022	Dutch	PDF
Full model	31/12/2020	14/05/2021	18/06/2021	Dutch	PDF
Full model	31/12/2019	08/06/2020	18/06/2020	Dutch	PDF
Full model	31/12/2018	09/05/2019	28/06/2019	Dutch	PDF
Full model	31/12/2017	11/05/2018	14/06/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	28/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	22/08/2016	Dutch	PDF
Abridged model	31/12/2014	17/06/2015	23/06/2015	Dutch	PDF
Abridged model	31/12/2013	15/07/2014	14/08/2014	Dutch	PDF
Abridged model	31/12/2012	12/08/2013	19/08/2013	Dutch	PDF
Abridged model	31/12/2011	10/07/2012	27/07/2012	Dutch	PDF
Abridged model	31/12/2010	23/09/2011	19/10/2011	Dutch	PDF
Abridged model	31/12/2009	10/08/2010	08/09/2010	Dutch	PDF
Abridged model	31/12/2008	16/06/2009	18/06/2009	Dutch	PDF
Abridged model	31/12/2007	17/06/2008	20/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	28/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PIVANTO1011.432.262Represented by Philippe Joos	Director02/09/2024 → 09/05/2030
Eamonn O'Loughlin	Director10/11/2022 → 11/05/2028
ODDS & OVERLAY0633.613.304Represented by Tom De Clercq	Managing director02/09/2015 → 11/05/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Koen Sanders	Director19/12/2019 → 2022 accounts
Tim De Borle	Director30/03/2016 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other28/10/2026
DIVERSEN
PDF
Capital / shares03/12/2025
KAPITAAL - AANDELEN
PDF
Mandates12/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/06/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares27/03/2024
KAPITAAL - AANDELEN
PDF
Mandates18/04/2023
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

PIVANTO

Eamonn O'Loughlin

ODDS & OVERLAY

Koen Sanders

Tim De Borle

Mieke Michiels

Tom De Clercq

Capitol Intenational Games

Jacobus Littel

Joey Fresco

199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

CAPITOLE

Korte Keppestraat 23, 9320 Erembodegem

Director

Managing director

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Korte Keppestraat 23, 9320 ErembodegemCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00147718

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CAPITOLECurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00147718

Events

2025
Annual accounts 2025-391,5 k €↓
2024
Annual accounts 2024-105,8 k €↓
2023
Annual accounts 2023-47,6 k €↑
2022
Annual accounts 2022-125,6 k €↓
2021
Annual accounts 202119,8 k €↑
2020
Annual accounts 2020-125,3 k €↑
2019
Annual accounts 2019-341,6 k €↓
2017
Annual accounts 2017215,4 k €↑
2016
Annual accounts 2016211,8 k €↓
2015
Annual accounts 2015373,9 k €↑
2014
Annual accounts 201435,4 k €↑
2013
Annual accounts 2013-150,7 k €↓
2012
Annual accounts 2012-92,6 k €↓
2011
Annual accounts 2011192,6 k €↓
2010
Annual accounts 2010318,4 k €↑
2009
Annual accounts 2009-43,6 k €↑
2008
Annual accounts 2008-153,6 k €↑
2007
Annual accounts 2007-312,7 k €↓
2006
Annual accounts 2006-51,3 k €
02/05/1995
IncorporationPublic limited company

CAPITOLE

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events