ACTIVE

Belgian Games

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

18,3 k €

+7.5% YoY

Gross margin

40 k €

+24.8% YoY

Equity

315,1 k €

+6.2% YoY

What does Belgian Games do?

Belgian Games is a Private limited company incorporated in 1999. Its registered office is in Molenbeek-Saint-Jean.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.262.865

Incorporation

16/06/1999

Legal form

Private limited company

Registered office

Rue Doyen Adriaens 1
1080 Molenbeek-Saint-Jean · BruxellesSee on map

Contributed capital

44 620,83 €

Latest accounts

31/12/2024

Signals

ProfitableSolid equityLow riskGood liquidityPositive 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 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	40 k €	+24.8%	32,1 k €	-49.5%	63,5 k €	-2.7%	65,3 k €	+51.2%	43,2 k €	+127%	19 k €	-25.9%	25,7 k €	+20.3%	21,4 k €	-53.6%	46,1 k €	+0.1%	46 k €	-3.5%	47,7 k €	-31.6%	69,8 k €	+21.9%	57,2 k €	-26.4%	77,8 k €	-1.6%	79 k €	+22.9%	64,3 k €	+21.0%	53,1 k €	-19.8%	66,2 k €	+2083%	3 k €
EBITDA	28,9 k €	-0.9%	29,2 k €	-51.4%	60 k €	-6.6%	64,3 k €	+57.2%	40,9 k €	+157%	15,9 k €	-36.0%	24,9 k €	+25.8%	19,8 k €	-53.4%	42,4 k €	-2.2%	43,4 k €	+11.7%	38,8 k €	-42.5%	67,5 k €	+23.9%	54,5 k €	-21.0%	68,9 k €	-9.9%	76,5 k €	+28.4%	59,6 k €	+20.8%	49,3 k €	-23.5%	64,5 k €	+20348%	-318,5 €
Operating result	26,2 k €	-0.6%	26,4 k €	-51.9%	54,8 k €	-6.4%	58,6 k €	+77.5%	33 k €	+571%	4,9 k €	-70.2%	16,5 k €	+135%	7 k €	-74.6%	27,7 k €	-9.0%	30,4 k €	+80.2%	16,9 k €	-71.0%	58,3 k €	+90.7%	30,6 k €	-7.5%	33 k €	-38.2%	53,4 k €	+179%	19,1 k €	-49.5%	37,9 k €	-26.2%	51,4 k €	+375%	-18,6 k €
Net result	18,3 k €	+7.5%	17,1 k €	-61.4%	44,2 k €	-24.0%	58,2 k €	+42.3%	40,9 k €	+497%	6,9 k €	-56.2%	15,6 k €	+112%	-125,7 k €	-1058%	13,1 k €	-25.7%	17,7 k €	+60.1%	11 k €	+683%	-1,9 k €	-108%	23,9 k €	+27.8%	18,7 k €	-41.4%	31,9 k €	+116%	14,8 k €	-37.7%	23,7 k €	-36.5%	37,3 k €	+324%	-16,6 k €
Balance sheet
Equity	315,1 k €	+6.2%	296,8 k €	+6.1%	279,7 k €	+18.8%	235,5 k €	+32.8%	177,3 k €	+30.0%	136,4 k €	+5.3%	129,5 k €	+13.7%	113,9 k €	-52.5%	239,6 k €	+5.8%	226,4 k €	+8.5%	208,8 k €	+5.6%	197,7 k €	-0.9%	199,6 k €	+13.6%	175,7 k €	+11.9%	157,1 k €	+25.5%	125,2 k €	+13.4%	110,4 k €	+27.3%	86,7 k €	+75.5%	49,4 k €
Total assets	393,7 k €	+5.0%	374,9 k €	+10.9%	338,2 k €	+11.9%	302,3 k €	+23.3%	245,2 k €	+4.4%	234,9 k €	+9.0%	215,5 k €	+4.7%	205,7 k €	-33.8%	310,9 k €	-14.8%	364,7 k €	-3.7%	378,8 k €	+47.6%	256,7 k €	-3.3%	265,6 k €	+6.4%	249,7 k €	+38.4%	180,5 k €	-28.2%	251,5 k €	+36.2%	184,6 k €	+9.9%	168 k €	+23.5%	136 k €
Cash	104,8 k €	-32.3%	154,7 k €	+28.5%	120,4 k €	+27.7%	94,3 k €	+508%	15,5 k €	-51.7%	32,1 k €	+25.2%	25,6 k €	+2.5%	25 k €	+2258%	1,1 k €	-98.4%	66,3 k €	+65.1%	40,2 k €	+57.0%	25,6 k €	-19.9%	32 k €	+60.7%	19,9 k €	-28.0%	27,6 k €	+63.0%	16,9 k €	+50.8%	11,2 k €	+19.8%	9,4 k €	-36.8%	14,8 k €
Debts	78,5 k €	+0.5%	78,1 k €	+33.7%	58,4 k €	-2.0%	59,6 k €	+8.2%	55,1 k €	-7.2%	59,4 k €	-9.0%	65,3 k €	-28.9%	91,8 k €	+29.1%	71,1 k €	-48.5%	138 k €	-18.7%	169,8 k €	+189%	58,7 k €	-10.6%	65,7 k €	-11.0%	73,8 k €	+220%	23,1 k €	-81.7%	126 k €	+70.1%	74 k €	-5.4%	78,3 k €	-9.4%	86,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

Eduardo CERAULO

Director

Active

Ended mandates

Eduardo Ceraulo

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
CERD - IMMO● Active	0431.594.570
NAXOR● Active	0640.997.972
SANOK● Active	0473.442.548

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/07/2025	31/08/2024	10/07/2023	21/06/2022	02/07/2021	14/07/2020
General meeting	19/06/2025	20/06/2024	15/06/2023	16/06/2022	17/06/2021	18/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	19/06/2025	15/07/2025	French	PDF
Micro model	31/12/2023	20/06/2024	31/08/2024	French	PDF
Micro model	31/12/2022	15/06/2023	10/07/2023	French	PDF
Abridged model	31/12/2021	16/06/2022	21/06/2022	French	PDF
Abridged model	31/12/2020	17/06/2021	02/07/2021	French	PDF
Micro model	31/12/2019	18/06/2020	14/07/2020	French	PDF
Micro model	31/12/2018	20/06/2019	23/07/2019	French	PDF
Micro model	31/12/2017	21/06/2018	23/07/2018	French	PDF
Abridged model	31/12/2016	15/06/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	16/06/2016	20/07/2016	French	PDF
Abridged model	31/12/2014	18/06/2015	29/06/2015	French	PDF
Abridged model	31/12/2013	19/06/2014	22/07/2014	French	PDF
Abridged model	31/12/2012	20/06/2013	11/07/2013	French	PDF
Abridged model	31/12/2011	21/06/2012	12/07/2012	French	PDF
Abridged model	31/12/2010	16/06/2011	16/07/2011	French	PDF
Abridged model	31/12/2009	17/06/2010	14/07/2010	French	PDF
Abridged model	31/12/2008	18/06/2009	20/07/2009	French	PDF
Abridged model	31/12/2007	19/06/2008	24/07/2008	French	PDF
Abridged model	31/12/2006	21/06/2007	25/07/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

Eduardo CERAULO

Director

Active

Ended mandates

Eduardo Ceraulo

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/12/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
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

2024
Annual accounts 202418,3 k €↑
2023
Annual accounts 202317,1 k €↓
2022
Annual accounts 202244,2 k €↓
2021
Annual accounts 202158,2 k €↑
2020
Annual accounts 202040,9 k €↑
2019
Annual accounts 20196,9 k €↓
2018
Annual accounts 201815,6 k €↑
2017
Annual accounts 2017-125,7 k €↓
2016
Annual accounts 201613,1 k €↓
2015
Annual accounts 201517,7 k €↑
2014
Annual accounts 201411 k €↑
2013
Annual accounts 2013-1,9 k €↓
2012
Annual accounts 201223,9 k €↑
2011
Annual accounts 201118,7 k €↓
2010
Annual accounts 201031,9 k €↑
2009
Annual accounts 200914,8 k €↓
2008
Annual accounts 200823,7 k €↓
2007
Annual accounts 200737,3 k €↑
2006
Annual accounts 2006-16,6 k €
16/06/1999
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

Belgian Games

Overview

What does Belgian Games do?

Trend over 19 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