ACTIVE

INCLUSIVE GAMES

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Financial year 2025 · closed on 31/12/2025

Net result

-3,8 k €

+67.3% YoY

Gross margin

807,5 €

+116.6% YoY

Equity

-23,9 k €

-19.1% YoY

What does INCLUSIVE GAMES do?

INCLUSIVE GAMES is a Private limited company incorporated in 2009. Its main activity is: Translation and interpretation activities. Its registered office is in Tubize.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0819.095.912

Incorporation

30/09/2009

Legal form

Private limited company

Registered office

Rue de la Falize 14
1480 Tubize · WallonieSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

74300Translation and interpretation activities· main 74301Translation and interpretation activities 32400Manufacture of games and toys 32400Manufacture of games and toys 47640Retail sale of sporting equipment in specialised stores 47650Retail sale of games and toys in specialised stores+4

Signals

Positive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	807,5 €	+117%	-4,9 k €	-266%	-1,3 k €	-137%	3,6 k €	+125%	1,6 k €	+149%	-3,3 k €	-101%	-1,6 k €	-28.5%	-1,3 k €	-707%	-157,1 €	+97.3%	-5,8 k €	-155%	10,5 k €	+64.1%	6,4 k €	+78.4%	3,6 k €	+567%	-770 €	-278%	432,2 €	-90.4%	4,5 k €
EBITDA	623,1 €	+112%	-5,2 k €	-188%	-1,8 k €	-159%	3,1 k €	+168%	1,1 k €	+134%	-3,4 k €	-101%	-1,7 k €	-27.5%	-1,3 k €	-199%	-441,9 €	+92.5%	-5,9 k €	-157%	10,4 k €	+65.4%	6,3 k €	+74.9%	3,6 k €	+567%	-770 €	-278%	432,2 €	-89.7%	4,2 k €
Operating result	-4,1 k €	+62.5%	-11,1 k €	-40.9%	-7,8 k €	-171%	-2,9 k €	-43.6%	-2 k €	+47.3%	-3,8 k €	-128%	-1,7 k €	+6.7%	-1,8 k €	-94.0%	-930 €	+87.1%	-7,2 k €	-177%	9,3 k €	+90.6%	4,9 k €	+58.7%	3,1 k €	+270%	-1,8 k €	-155%	-710,4 €	-125%	2,9 k €
Net result	-3,8 k €	+67.3%	-11,8 k €	-36.0%	-8,6 k €	-121%	-3,9 k €	-60.2%	-2,4 k €	+38.1%	-4 k €	-120%	-1,8 k €	-0.5%	-1,8 k €	-67.1%	-1,1 k €	+85.2%	-7,3 k €	-219%	6,1 k €	+85.7%	3,3 k €	+14.4%	2,9 k €	+258%	-1,8 k €	-149%	-727,2 €	-137%	1,9 k €
Balance sheet
Equity	-23,9 k €	-19.1%	-20,1 k €	-141%	-8,3 k €	-2860%	302,2 €	-92.8%	4,2 k €	-36.7%	6,7 k €	-37.2%	10,6 k €	-14.5%	12,4 k €	-12.6%	14,2 k €	-7.0%	15,3 k €	-32.2%	22,5 k €	+37.0%	16,5 k €	+24.9%	13,2 k €	+11.5%	11,8 k €	-13.3%	13,6 k €	-5.1%	14,3 k €
Total assets	21,4 k €	+11.6%	19,2 k €	-57.8%	45,5 k €	+29.0%	35,3 k €	-5.4%	37,3 k €	+230%	11,3 k €	+5.1%	10,7 k €	-14.3%	12,5 k €	-13.2%	14,4 k €	-6.9%	15,5 k €	-48.4%	30,1 k €	+35.2%	22,2 k €	+48.2%	15 k €	+23.4%	12,2 k €	-30.1%	17,4 k €	+4.1%	16,7 k €
Cash	1,7 k €	+103%	861,1 €	+22.3%	704 €	-61.9%	1,8 k €	-33.0%	2,8 k €	+58.2%	1,7 k €	-73.4%	6,5 k €	-32.7%	9,7 k €	-16.8%	11,7 k €	-10.3%	13 k €	-42.7%	22,7 k €	+26.6%	17,9 k €	+159%	6,9 k €	+10.9%	6,2 k €	-33.1%	9,3 k €	-3.6%	9,7 k €
Debts	45,3 k €	+15.5%	39,3 k €	-27.1%	53,8 k €	+53.9%	35 k €	+5.8%	33,1 k €	+616%	4,6 k €	+3641%	123,5 €	+2.9%	120 €	-48.6%	233,3 €	+0.1%	233 €	-96.9%	7,5 k €	+30.0%	5,8 k €	+215%	1,8 k €	+427%	348 €	-90.8%	3,8 k €	+62.7%	2,3 k €

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 · 1 active · 6 ended

Active mandates

Cécile Cormier

Director

Active

Ended mandates

Cécile Cormier

Director · since 19 mars 2020

Ended

Cécile Cormier

Manager · since 04 septembre 2017

Ended

Nicolas Castin

Manager · since 24 juin 2016 · until 04 septembre 2017

Ended

Nicolas Castin

Manager · since 24 juin 2016

Ended

At this address

Other companies at this address

Company	CBE no.
Nerd Consulting● Active	1034.027.522

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	12/06/2026	08/07/2025	25/07/2024	20/06/2023	30/06/2022	24/08/2021
General meeting	05/06/2026	06/06/2025	10/05/2024	11/05/2023	27/06/2022	04/06/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	05/06/2026	12/06/2026	French	PDF
Micro model	31/12/2024	06/06/2025	08/07/2025	French	PDF
Micro model	31/12/2023	10/05/2024	25/07/2024	French	PDF
Micro model	31/12/2022	11/05/2023	20/06/2023	French	PDF
Micro model	31/12/2021	27/06/2022	30/06/2022	French	PDF
Micro model	31/12/2020	04/06/2021	24/08/2021	French	PDF
Micro model	31/12/2019	05/06/2020	08/08/2020	French	PDF
Micro model	31/12/2018	07/06/2019	12/08/2019	French	PDF
Micro model	31/12/2017	01/06/2018	01/06/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	13/08/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	24/06/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	22/06/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	17/07/2014	French	PDF
Abridged model	31/12/2012	07/06/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	03/06/2011	25/08/2011	French	PDF

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 · 1 active · 6 ended

Active mandates

Cécile Cormier

Director

Active

Ended mandates

Cécile Cormier

Director · since 19 mars 2020

Ended

Cécile Cormier

Manager · since 04 septembre 2017

Ended

Nicolas Castin

Manager · since 24 juin 2016 · until 04 septembre 2017

Ended

Nicolas Castin

Manager · since 24 juin 2016

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/03/2020
MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Mandates26/10/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates11/07/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates02/10/2012
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Registered office20/04/2010
SIEGE SOCIAL
PDF
Other09/10/2009
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 2025-3,8 k €↑
2024
Annual accounts 2024-11,8 k €↓
2023
Annual accounts 2023-8,6 k €↓
2023
Name changeInclusive Games Srl 0819095912
2022
Annual accounts 2022-3,9 k €↓
2021
Annual accounts 2021-2,4 k €↑
2021
Name changeInclusive Games Srl
2020
Annual accounts 2020-4 k €↓
2019
Annual accounts 2019-1,8 k €↓
2018
Annual accounts 2018-1,8 k €↓
2017
Annual accounts 2017-1,1 k €↑
2016
Annual accounts 2016-7,3 k €↓
2015
Annual accounts 20156,1 k €↑
2014
Annual accounts 20143,3 k €↑
2013
Annual accounts 20132,9 k €↑
2012
Annual accounts 2012-1,8 k €↓
2011
Annual accounts 2011-727,2 €↓
2010
Annual accounts 20101,9 k €
30/09/2009
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

INCLUSIVE GAMES

Overview

What does INCLUSIVE GAMES do?

Trend over 16 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