ACTIVE

Flemish Games Association

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Financial year 2025 · Closed on 31/12/2025

Net result30,9 k €+411,5 %over 1 year
Revenue49,9 k €-14,4 %over 1 year
Equity42 k €+277,0 %over 1 year

Identity

Source · BCE/KBO

Flemish Games Association is a Non-profit organization incorporated in 2012. Its main activity is: Management consultancy activities. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0846.969.950
Incorporation
29/06/2012
Legal form
Non-profit organization
Registered office
Marksesteenweg(Kor) 58
8500 Kortrijk · FlandreSee on map
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Revenue49,9 k €58,3 k €50 k €41,1 k €35,1 k €
EBITDA31,3 k €6,6 k €-5,4 k €-6,4 k €7,2 k €
Operating result31 k €6,6 k €-5,4 k €-6,4 k €7,2 k €
Net result30,9 k €6 k €-5,6 k €-6,5 k €7,2 k €
Balance sheet
Equity42 k €11,1 k €5,1 k €10,7 k €17,3 k €
Total assets69,4 k €22,8 k €12,1 k €18,9 k €17,8 k €
Cash59,9 k €7,5 k €735,2 €7,6 k €15,2 k €
Debts27,4 k €11,7 k €4,3 k €5 k €500 €

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

14 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Hangar K0685.433.672Represented by Rik Leenknegt
Directorsince 30/06/2023
LUCA School of Arts0456.758.944Represented by Robin Gielis
Directorsince 30/06/2023
Pajama Llama Games0638.795.280
Directorsince 20/05/2021
LUGUS STUDIOS0839.288.243
Directorsince 17/12/2015
Triangle Factory0822.717.673
Directorsince 17/12/2015
Curious Cats0890.896.993Represented by Jill Vanparys
Director
Cybernetic Walrus0668.942.781Represented by Mike Coeck
Director
David Verbruggen
Director
Happy Volcano0638.852.391Represented by Jeroen Janssen
Director
Hogeschool West-Vlaanderen0259.366.716Represented by Dries Deryckere
Vice-chairman of the board of directors
I-ILLUSIONS0834.828.124Represented by Dirk Van Welden
Director
Poppins & Wayne0750.612.526Represented by Wilm Wouters
Director
Respectfully Yours0826.338.941
Chairman of the board of directors
Video Games Federation Belgium0480.525.528
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
IMEC GROEP BTW eenheid0834.775.664
Directoruntil 31/12/2022

Other companies at this address

Marksesteenweg(Kor) 58 8500 Kortrijk
CompanyCBE no.
BIOGAS-E - Platform voor implementatie van anaërobe vergisting in Vlaanderen● Active
0865.492.594
Centaura● Active
1012.304.173
ForsVC Game Fund I● Active
0775.813.324
ForsVC Partners● Active
0775.484.118
Hogeschool West-Vlaanderen● Active
0259.366.716
Howest Incubator Netwerk● Active
0733.873.591
RUN-EU SERVICES● Active
1025.056.309

Full financial information

Source · NBB
20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months12 months
Filing date29/06/202617/08/202504/07/202429/06/202311/07/2022
General meeting18/06/202619/06/202520/06/202408/06/202302/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202518/06/202629/06/2026DutchPDF
Micro model31/12/202419/06/202517/08/2025DutchPDF
Micro model31/12/202320/06/202404/07/2024DutchPDF
Micro model31/12/202208/06/202329/06/2023DutchPDF
Micro model31/12/202102/06/202211/07/2022DutchPDF

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

14 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Hangar K0685.433.672Represented by Rik Leenknegt
Directorsince 30/06/2023
LUCA School of Arts0456.758.944Represented by Robin Gielis
Directorsince 30/06/2023
Pajama Llama Games0638.795.280
Directorsince 20/05/2021
LUGUS STUDIOS0839.288.243
Directorsince 17/12/2015
Triangle Factory0822.717.673
Directorsince 17/12/2015
Curious Cats0890.896.993Represented by Jill Vanparys
Director
Cybernetic Walrus0668.942.781Represented by Mike Coeck
Director
David Verbruggen
Director
Happy Volcano0638.852.391Represented by Jeroen Janssen
Director
Hogeschool West-Vlaanderen0259.366.716Represented by Dries Deryckere
Vice-chairman of the board of directors
I-ILLUSIONS0834.828.124Represented by Dirk Van Welden
Director
Poppins & Wayne0750.612.526Represented by Wilm Wouters
Director
Respectfully Yours0826.338.941
Chairman of the board of directors
Video Games Federation Belgium0480.525.528
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
IMEC GROEP BTW eenheid0834.775.664
Directoruntil 31/12/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other24/12/2025
    Wijziging statuten
    PDF
  • Mandates31/08/2021
    Benoemingen bestuurders
    PDF
  • Mandates16/12/2016
    ZETELVERPLAATSING - ONTSLAG EN BENOEMINGEN BESTUURDERS
    PDF
  • Mandates21/05/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/07/2012
    Oprichting
    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
Filings5 filings
Mandates
Hogeschool West-Vlaanderen
LUCA School of Arts
Video Games Federation Belgium
Pajama Llama Games
Happy Volcano
Cybernetic Walrus
Hangar K
Poppins & Wayne
Triangle Factory
Respectfully Yours
I-ILLUSIONS
LUGUS STUDIOS
201220132014201520162017201820192020202120222023202420252026
Flemish Games Association
Marksesteenweg(Kor) 58, 8500 Kortrijk
Vice-chairman of the board of directors
Director
Director
Director
Director
Director
Director
Director
Director
Chairman of the board of directors
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Marksesteenweg(Kor) 58, 8500 KortrijkCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00213936

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Flemish Games AssociationCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00213936

Events

  1. 2025
    Annual accounts 202530,9 k €↑
  2. 2024
    Annual accounts 20246 k €↑
  3. 2023
    Annual accounts 2023-5,6 k €↑
  4. 2022
    Annual accounts 2022-6,5 k €↓
  5. 2021
    Annual accounts 20217,2 k €
  6. 29/06/2012
    IncorporationNon-profit organization