ACTIVE

ARDENT BETTING

Financial year 2025 · Closed on 31/12/2025

Net result2 k €+817,5 %over 1 year

Revenue35,1 k €-58,6 %over 1 year

Equity145,2 k €+1,4 %over 1 year

Identity

Source · BCE/KBO

ARDENT BETTING is a Public limited company incorporated in 1996. Its main activity is: Gambling and betting activities. Its registered office is in Liège.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0459.573.924
Incorporation: 24/12/1996
Legal form: Public limited company
Registered office: Rue des Guillemins 129
4000 Liège · WallonieSee on map
Contributed capital: 203 280,24 €
Latest accounts: 31/12/2025

Activities (NACE)

92000Gambling and betting activities· main 92000Gambling and betting activities 64200Activities of holding companies 64210Activities of holding companies

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidity

Financials

Source · NBB, 29 filings

Trend over 18 financial years

	2025		2024		2022		2021		2020
Income statement
Revenue	35,1 k €	-58.6%	84,9 k €	+771292%	11 €	-21.4%	14 €	-44.0%	25 €
EBITDA	-58,3 k €	-197%	60 k €	+236%	-44,2 k €	+0.9%	-44,6 k €	+8.5%	-48,7 k €
Operating result	1,7 k €		0 €	+100%	-44,2 k €	+0.9%	-44,6 k €	+8.5%	-48,7 k €
Net result	2 k €	+818%	-282,4 €	+99.4%	-46 k €	-0.2%	-45,9 k €	+7.2%	-49,5 k €
Balance sheet
Equity	145,2 k €	+1.4%	143,2 k €	+495%	24,1 k €	-65.7%	70,1 k €	-39.6%	116 k €
Total assets	147,6 k €	-27.5%	203,6 k €	+137%	85,8 k €	-0.9%	86,6 k €	-32.7%	128,7 k €
Cash	388,2 €	0.0%	388,2 €	-39.1%	637,5 €	-19.6%	792,5 €	+5.9%	748,6 €
Debts	2,4 k €	+589%	342,6 €	-99.4%	61,7 k €	+274%	16,5 k €	+30.3%	12,7 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MILE MANAGEMENT0537.166.204Represented by EMMANUEL MEWISSEN	Chairman of the board of directors01/08/2019 → 09/06/2031Managing director01/08/2013 → 09/06/2031
Nicolas LEONARD	Managing director17/03/2015 → 09/06/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Marie LEONARD	Managing director01/08/2019 → 31/07/2025
M.A.C. Management0684.647.774	Director01/04/2019 → 31/03/2025

Other companies at this address

Rue des Guillemins 129 4000 Liège

Company	CBE no.
ALLIN1● Active	1009.334.983
ARDENT CASINO INTERNATIONAL● Active	0700.809.954
BIGB GAMING● Active	0779.530.008
CIRCUS BELGIUM● Active	0451.000.609
CIRCUS SERVICES● Active	0864.036.507
CORTEX HOLDING● Active	0555.947.679
EURO 78● Active	0423.111.426
Fondation Privée FOUNDATION1● Active	0788.196.759
FOUNDATION ALLIN1● Active	1009.343.594
GAMBLING MANAGEMENT● Active	0859.984.677
GAMBLING REAL ESTATE● Active	0700.808.271
GAMES SERVICES● Active	0423.669.076
GAMING ARDENT● Active	0667.768.487
HQ1● Active	0738.871.467
IP Trade● Active	0473.113.837
LUCKY BET● Active	0843.750.342
Meuse Bidco● Active	0778.683.336
Meuse Finco● Active	0778.734.311
Meuse Midco● Active	0778.513.684
NAMUR CASINO RESORT● Active	0654.871.150

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full 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	15/06/2026	26/06/2025	01/07/2024	17/07/2023	26/08/2022	31/08/2021
General meeting	08/06/2026	10/06/2025	28/06/2024	12/06/2023	30/06/2022	14/06/2021
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

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 29 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/06/2026	15/06/2026	French	PDF
Full model	31/12/2024	10/06/2025	26/06/2025	French	PDF
Full model	31/12/2023	28/06/2024	01/07/2024	French	PDF
Full model	31/12/2022	12/06/2023	17/07/2023	French	PDF
Full model	31/12/2021	30/06/2022	26/08/2022	French	PDF
Full model	31/12/2020	14/06/2021	31/08/2021	French	PDF
Full model	31/12/2019	03/07/2020	14/09/2020	French	PDF
Full model	31/12/2018	11/06/2019	23/08/2019	French	PDF
Full model	31/12/2017	11/06/2018	31/08/2018	French	PDF
Full model	31/12/2016	12/06/2017	27/07/2017	French	PDF
Full model	31/12/2015	30/06/2016	31/08/2016	French	PDF
Consolidated accounts	31/12/2015	23/09/2016	30/09/2016	French	PDF
Full model	31/12/2014	08/06/2015	30/07/2015	French	PDF
Consolidated accounts	31/12/2014	30/09/2015	25/01/2016	French	PDF
Full model	31/12/2013	10/06/2014	23/07/2014	French	PDF
Consolidated accounts	31/12/2013	30/06/2014	29/08/2014	French	PDF
Full model	31/12/2012	10/06/2013	31/07/2013	French	PDF
Consolidated accounts	31/12/2012	20/09/2013	16/01/2014	French	PDF
Full model	31/12/2011	18/06/2012	18/07/2012	French	PDF
Consolidated accounts	31/12/2011	29/06/2012	18/07/2012	French	PDF
Full model	31/12/2010	14/06/2011	05/07/2011	French	PDF
Consolidated accounts	31/12/2010	14/06/2011	18/07/2011	French	PDF
Full model	31/12/2009	14/07/2010	20/07/2010	French	PDF
Consolidated accounts	31/12/2009	14/07/2010	28/07/2010	French	PDF
Full model	31/12/2008	08/06/2009	20/06/2009	French	PDF
Consolidated accounts	31/12/2008	08/06/2009	20/06/2009	French	PDF
Full model	31/12/2007	09/06/2008	02/07/2008	French	PDF
Consolidated accounts	31/12/2007	01/01/9999	31/07/2008	French	PDF
Abridged model	31/12/2006	11/06/2007	13/08/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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

2 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MILE MANAGEMENT0537.166.204Represented by EMMANUEL MEWISSEN	Chairman of the board of directors01/08/2019 → 09/06/2031Managing director01/08/2013 → 09/06/2031
Nicolas LEONARD	Managing director17/03/2015 → 09/06/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Marie LEONARD	Managing director01/08/2019 → 31/07/2025
M.A.C. Management0684.647.774	Director01/04/2019 → 31/03/2025

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/07/2026
Renouvellement du mandat du commissaire
PDF
Mandates04/09/2025
DEMISSIONS, NOMINATIONS
PDF
Capital / shares12/02/2024
CAPITAL, ACTIONS
PDF
Mandates22/01/2024
DEMISSIONS, NOMINATIONS
PDF
Other23/03/2023
ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates22/08/2022
DEMISSIONS, NOMINATIONS
PDF
Registered office27/07/2021
SIEGE SOCIAL
PDF
Mandates30/04/2021
DEMISSIONS, NOMINATIONS
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

Filings18 filings

Mandates

MILE MANAGEMENT

Nicolas LEONARD

Jean-Marie LEONARD

SOFABO

M.A.C. Management

Philippe MEWISSEN

Michel BRIERS de LUMEY

Emmanuel MEWISSEN

Raymond Antoine Hubert HORTULANUS

199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

ARDENT BETTINGCIRCUS LEISURE

Rue des Guillemins 129, 4000 Liège

Chairman of the board of directorsManaging director

Managing director

Managing directorDirector

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue des Guillemins 129, 4000 LiègeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00178007

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ARDENT BETTINGCurrent	accounts 2017 → 2025	Accounts 2025 · 2026-00178007
CIRCUS LEISURE	accounts 2006 → 2016	Accounts 2016 · 2017-37300499

Events

2025
Annual accounts 20252 k €↑
2024
Annual accounts 2024-282,4 €↑
2022
Annual accounts 2022-46 k €↓
2021
Annual accounts 2021-45,9 k €↑
2020
Annual accounts 2020-49,5 k €↓
2019
Annual accounts 2019-46,3 k €↓
2017
Annual accounts 20171,8 M €↓
2017
Name changeARDENT BETTING
2016
Annual accounts 20162,5 M €↓
2015
Annual accounts 20158,4 M €↑
2014
Annual accounts 2014-161 k €↓
2013
Annual accounts 2013114 k €↑
2012
Annual accounts 2012-489,3 k €↓
2011
Annual accounts 2011-115,9 k €↓
2010
Annual accounts 2010190,8 k €↓
2009
Annual accounts 2009305,1 k €↓
2008
Annual accounts 2008310,4 k €↓
2007
Annual accounts 2007350,6 k €↑
2006
Annual accounts 2006-1,7 k €
24/12/1996
IncorporationPublic limited company

ARDENT BETTING

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