ACTIVE

S & S

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Financial year 2025 · closed on 31/12/2025

Net result

411,1 k €

-24.1% YoY

Gross margin

1,3 M €

-1.0% YoY

Equity

3,1 M €

+15.4% YoY

Workforce

12,5 ETP

0.0% YoY

What does S & S do?

S & S is a Private limited company incorporated in 1997. Its main activity is: Gambling and betting activities. Its registered office is in Grimbergen. It employs on average 12,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0461.221.538

Incorporation

29/07/1997

Legal form

Private limited company

Registered office

Romeinsesteenweg 592
1853 Grimbergen · FlandreSee on map

Contributed capital

744 592,01 €

Latest accounts

31/12/2025

Average workforce

12,5 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

Joint committees (2)

302
30200

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ 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	1,3 M €	-1.0%	1,3 M €	-18.3%	1,6 M €	+11.4%	1,4 M €	+102%	709,4 k €	+30.3%	544,5 k €	-58.4%	1,3 M €	+2.3%	1,3 M €	+32.2%	966,5 k €	+14.9%	841,3 k €	+14.8%	732,8 k €	+0.4%	729,9 k €	-16.3%	872 k €	-30.3%	1,3 M €	-12.6%	1,4 M €	-21.1%	1,8 M €	-14.4%	2,1 M €	+18.0%	1,8 M €	+24.5%	1,4 M €	+545%	-323,7 k €
EBITDA	752 k €	-11.8%	852,3 k €	-15.7%	1 M €	-3.1%	1 M €	+116%	481,9 k €	+34.6%	357,9 k €	-63.2%	972,2 k €	+0.7%	965,3 k €	+54.3%	625,5 k €	+38.3%	452,3 k €	+40.2%	322,5 k €	+0.7%	320,3 k €	-22.7%	414,1 k €	-45.7%	763,3 k €	-21.2%	968,2 k €	-22.6%	1,3 M €	-23.3%	1,6 M €	+26.8%	1,3 M €	+60.3%	802,3 k €	+314%	-375,5 k €
Operating result	633 k €	-13.4%	730,7 k €	-16.4%	874,2 k €	-1.7%	889,6 k €	+158%	344,9 k €	+56.4%	220,6 k €	-73.5%	833 k €	+4.4%	797,5 k €	+87.4%	425,7 k €	+150%	170,5 k €	+11535%	1,5 k €	+119%	-7,7 k €	-109%	87,8 k €	-81.1%	463,7 k €	-32.9%	691,1 k €	-28.0%	959,6 k €	-29.3%	1,4 M €	+29.0%	1,1 M €	+94.7%	540,7 k €	+201%	-537,5 k €
Net result	411,1 k €	-24.1%	541,9 k €	-16.6%	649,4 k €	-0.5%	652,9 k €	+158%	253,1 k €	+54.0%	164,4 k €	-71.4%	575,6 k €	+4.1%	553,2 k €	+108%	265,3 k €	+135%	112,9 k €	+1081%	-11,5 k €	+74.1%	-44,5 k €	-149%	91,2 k €	-71.0%	314,5 k €	-35.1%	484,2 k €	-32.9%	721,9 k €	-47.5%	1,4 M €	+73.0%	794,9 k €	+44.0%	552 k €	+206%	-519,1 k €
Balance sheet
Equity	3,1 M €	+15.4%	2,7 M €	+25.5%	2,1 M €	+44.1%	1,5 M €	-18.9%	1,8 M €	+16.2%	1,6 M €	+11.8%	1,4 M €	+0.4%	1,4 M €	+4.0%	1,3 M €	+24.7%	1,1 M €	-71.6%	3,8 M €	-0.3%	3,8 M €	-1.2%	3,8 M €	+2.4%	3,7 M €	+9.2%	3,4 M €	+16.4%	2,9 M €	+32.5%	2,2 M €	+78.1%	1,2 M €	+175%	453,8 k €	+562%	-98,2 k €
Total assets	3,4 M €	+20.9%	2,8 M €	+29.0%	2,2 M €	+32.1%	1,7 M €	-10.4%	1,9 M €	+12.8%	1,7 M €	+9.6%	1,5 M €	-3.9%	1,6 M €	+3.5%	1,5 M €	+24.2%	1,2 M €	-68.8%	3,9 M €	-2.3%	4 M €	-0.4%	4 M €	+2.5%	3,9 M €	+8.1%	3,6 M €	+15.4%	3,1 M €	+34.6%	2,3 M €	+75.8%	1,3 M €	-6.6%	1,4 M €	+24.1%	1,1 M €
Cash	182,2 k €	-31.0%	264,1 k €	-12.0%	300,2 k €	-63.0%	812,1 k €	+622%	112,5 k €	+141%	46,7 k €	-88.3%	399,1 k €	+49.8%	266,5 k €	+88.2%	141,6 k €	-38.2%	229,2 k €	+61.7%	141,7 k €	-71.4%	494,6 k €	-45.9%	913,9 k €	+11.0%	823,1 k €	-19.5%	1 M €	+8.3%	944,3 k €	-26.3%	1,3 M €	+2309%	53,2 k €	-36.1%	83,2 k €	+15.9%	71,8 k €
Debts	366,3 k €	+101%	181,9 k €	+124%	81,3 k €	-58.1%	193,8 k €	+297%	48,8 k €	-46.1%	90,6 k €	-17.8%	110,2 k €	-37.8%	177,2 k €	-1.0%	178,9 k €	+19.9%	149,2 k €	+7.6%	138,7 k €	-36.8%	219,3 k €	+15.9%	189,2 k €	+3.7%	182,5 k €	-9.7%	202,2 k €	+0.4%	201,3 k €	+75.3%	114,9 k €	+40.6%	81,7 k €	-91.6%	971,3 k €	-22.1%	1,2 M €
Other
Workforce	12,5 ETP	0.0%	12,5 ETP	+21.4%	10,3 ETP	+22.6%	8,4 ETP	+29.2%	6,5 ETP	0.0%	6,5 ETP	-34.3%	9,9 ETP	+70.7%	5,8 ETP	-6.5%	6,2 ETP	-21.5%	7,9 ETP	+8.2%	7,3 ETP	-14.1%	8,5 ETP	-6.6%	9,1 ETP	-9.0%	10,0 ETP	+16.3%	8,6 ETP	0.0%	8,6 ETP	+7.5%	8,0 ETP	-17.5%	9,7 ETP	-7.6%	10,5 ETP	+1212%	0,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 19 ended

Active mandates

Ali Amerian

Director · since 31 juillet 2022

Active

Ended mandates

Thibaut ALAIME

Director · since 01 mars 2017 · until 16 décembre 2019

Ended

Thibaut ALAIME

Manager · since 01 mars 2017

Ended

Aurore DEBAERE

Manager · since 01 novembre 2011

Ended

GEOFFROY PIENS

Manager · since 19 octobre 2011 · until 04 décembre 2011

Ended

At this address

Other companies at this address

Company	CBE no.
ANTWERP GAMING CLUB● Active	0462.255.082
SPECTRUM● Active	0473.495.305

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/07/2026	28/07/2025	11/07/2024	26/07/2023	31/10/2022	25/10/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	05/10/2022	29/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	28/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	26/07/2023	Dutch	PDF
Abridged model	31/12/2021	05/10/2022	31/10/2022	Dutch	PDF
Abridged model	31/12/2020	29/06/2021	25/10/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	04/09/2020	Dutch	PDF
Abridged model	31/12/2018	06/05/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	07/05/2018	13/08/2018	Dutch	PDF
Abridged model	31/12/2016	01/05/2017	08/08/2017	Dutch	PDF
Abridged model	31/12/2015	02/05/2016	10/08/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	05/05/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	06/05/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	07/05/2012	24/08/2012	Dutch	PDF
Abridged model	31/12/2010	02/05/2011	25/08/2011	Dutch	PDF
Abridged model	31/12/2009	03/05/2010	25/08/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	20/08/2009	Dutch	PDF
Abridged model	31/12/2007	05/05/2008	22/07/2008	Dutch	PDF
Abridged model	31/12/2006	07/05/2007	23/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025 · 1 active · 19 ended

Active mandates

Ali Amerian

Director · since 31 juillet 2022

Active

Ended mandates

Thibaut ALAIME

Director · since 01 mars 2017 · until 16 décembre 2019

Ended

Thibaut ALAIME

Manager · since 01 mars 2017

Ended

Aurore DEBAERE

Manager · since 01 novembre 2011

Ended

GEOFFROY PIENS

Manager · since 19 octobre 2011 · until 04 décembre 2011

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other17/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL
PDF
Mandates05/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/02/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/05/2012
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 2025411,1 k €↓
2024
Annual accounts 2024541,9 k €↓
2023
Annual accounts 2023649,4 k €↓
2022
Annual accounts 2022652,9 k €↑
2021
Annual accounts 2021253,1 k €↑
2020
Annual accounts 2020164,4 k €↓
2019
Annual accounts 2019575,6 k €↑
2018
Annual accounts 2018553,2 k €↑
2017
Annual accounts 2017265,3 k €↑
2016
Annual accounts 2016112,9 k €↑
2015
Annual accounts 2015-11,5 k €↑
2014
Annual accounts 2014-44,5 k €↓
2013
Annual accounts 201391,2 k €↓
2012
Annual accounts 2012314,5 k €↓
2011
Annual accounts 2011484,2 k €↓
2010
Annual accounts 2010721,9 k €↓
2009
Annual accounts 20091,4 M €↑
2008
Annual accounts 2008794,9 k €↑
2007
Annual accounts 2007552 k €↑
2006
Annual accounts 2006-519,1 k €
29/07/1997
IncorporationPrivate 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

S & S

Overview

What does S & S 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