ACTIVE

PLAY IT

Financial year 2025 · closed on 31/12/2025
Net result
-269,4 k €
+47.9% YoY
Gross margin
794,2 k €
-21.4% YoY
Equity
-518,9 k €
-108.0% YoY
Workforce
8,0 ETP
-43.7% YoY

What does PLAY IT do?

PLAY IT is a Private limited company incorporated in 2017. Its main activity is: Other software publishing. Its registered office is in Kortrijk. It employs on average 8,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0671.574.550
Incorporation
16/02/2017
Legal form
Private limited company
Registered office
Nelson Mandelaplein(Kor) 2
8500 Kortrijk · FlandreSee on map
Contributed capital
632 002,41 €
Latest accounts
31/12/2025
Average workforce
8,0 ETP
Joint committees (1)
  • 20000
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin794,2 k €1 M €928,6 k €702,5 k €529,3 k €377,6 k €228,1 k €150,5 k €79,9 k €
EBITDA236,1 k €-177,5 k €-101,4 k €120,9 k €82,5 k €108 k €43 k €-24,8 k €17,4 k €
Operating result-116,7 k €-419,6 k €-253,4 k €52,2 k €3,7 k €31 k €-29,9 k €-83,4 k €4,3 k €
Net result-269,4 k €-517 k €-305,2 k €45,5 k €-3,7 k €24,4 k €-38,5 k €-90,5 k €3,4 k €
Balance sheet
Equity-518,9 k €-249,5 k €104,7 k €409,9 k €364,4 k €368,1 k €343,6 k €22,3 k €109,6 k €
Total assets2,1 M €2,2 M €2,3 M €1,2 M €735 k €782 k €521,2 k €241,2 k €304,1 k €
Cash337,2 k €136,4 k €370,9 k €284,6 k €348,8 k €472,7 k €229,7 k €10,3 k €101,7 k €
Debts1,8 M €1,6 M €1,5 M €305,7 k €318,4 k €329,3 k €177,6 k €218,9 k €194,1 k €
Other
Workforce8,0 ETP14,2 ETP14,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 12 ended

Active mandates

AVDD

Director · since 14 juillet 2023 · 0521.920.277

Represented by VANDENDRIESSCHE ARNE

Active
KEMANCO

Director · since 14 juillet 2023 · 0803.034.690

Represented by KETS BRECHT

Active
SILVERBURST

Director · since 14 juillet 2023 · 0803.298.669

Represented by PTACEK MIKE

Active
TrustCapital

Director · since 23 décembre 2019 · 0403.240.282

Represented by FAMAEY HILDE

Active

Ended mandates

AVDD

Director · since 14 juillet 2023 · 0521.920.277

Represented by VANDENDRIESSCHE ARNE

Ended
KEMANCO

Director · since 14 juillet 2023 · 0803.034.690

Represented by KETS BRECHT

Ended
SILVERBURST

Director · since 14 juillet 2023 · 0803.298.669

Represented by PTACEK MIKE

Ended
BRECHT KETS

Director · since 23 décembre 2019

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/06/202623/06/202508/07/202420/06/202305/07/202205/07/2021
General meeting09/06/202610/06/202511/06/202413/06/202314/06/202208/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202509/06/202623/06/2026DutchPDF
Abridged model31/12/202410/06/202523/06/2025DutchPDF
Abridged model31/12/202311/06/202408/07/2024DutchPDF
Micro model31/12/202213/06/202320/06/2023DutchPDF
Micro model31/12/202114/06/202205/07/2022DutchPDF
Micro model31/12/202008/06/202105/07/2021DutchPDF
Micro model31/12/201909/06/202030/06/2020DutchPDF
Micro model31/12/201811/06/201926/06/2019DutchPDF
Micro model31/12/201712/06/201803/07/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 4 active · 12 ended

Active mandates

AVDD

Director · since 14 juillet 2023 · 0521.920.277

Represented by VANDENDRIESSCHE ARNE

Active
KEMANCO

Director · since 14 juillet 2023 · 0803.034.690

Represented by KETS BRECHT

Active
SILVERBURST

Director · since 14 juillet 2023 · 0803.298.669

Represented by PTACEK MIKE

Active
TrustCapital

Director · since 23 décembre 2019 · 0403.240.282

Represented by FAMAEY HILDE

Active

Ended mandates

AVDD

Director · since 14 juillet 2023 · 0521.920.277

Represented by VANDENDRIESSCHE ARNE

Ended
KEMANCO

Director · since 14 juillet 2023 · 0803.034.690

Represented by KETS BRECHT

Ended
SILVERBURST

Director · since 14 juillet 2023 · 0803.298.669

Represented by PTACEK MIKE

Ended
BRECHT KETS

Director · since 23 décembre 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/07/2021
    BENAMING
    PDF
  • Mandates08/01/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares02/10/2017
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other18/09/2017
    DIVERSEN
    PDF
  • Mandates03/07/2017
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2025
    Annual accounts 2025-269,4 k €
  2. 2024
    Annual accounts 2024-517 k €
  3. 2023
    Annual accounts 2023-305,2 k €
  4. 2022
    Annual accounts 202245,5 k €
  5. 2021
    Annual accounts 2021-3,7 k €
  6. 2021
    Name changePLAY IT
  7. 2020
    Annual accounts 202024,4 k €
  8. 2019
    Annual accounts 2019-38,5 k €
  9. 2018
    Annual accounts 2018-90,5 k €
  10. 2017
    Annual accounts 20173,4 k €
  11. 16/02/2017
    IncorporationPrivate limited company
  12. 2017
    Name changeGREYGIN