ACTIVE

ROYAL NAMUR

Financial year 2025 · Closed on 31/12/2025

Net result40,4 k €-72,0 %over 1 year
Revenue1,3 M €+1,0 %over 1 year
Equity1,4 M €+3,0 %over 1 year
Workforce7,8 ETP-4,9 %over 1 year

Identity

Source · BCE/KBO

ROYAL NAMUR is a Public limited company incorporated in 2007. Its main activity is: Gambling and betting activities. Its registered office is in Liège. It employs on average 7,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0889.131.593
Incorporation
02/05/2007
Legal form
Public limited company
Registered office
Rue des Guillemins 129
4000 Liège · WallonieSee on map
Contributed capital
1 650 000,00 €
Latest accounts
31/12/2025
Average workforce
7,8 ETP
Joint committees (2)
  • 149
  • 200
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202220212020
Income statement
Revenue1,3 M €1,2 M €1,5 M €1,1 M €120,1 k €
EBITDA260,6 k €227,9 k €499,1 k €464,8 k €-97,2 k €
Operating result107,2 k €124,2 k €429,4 k €368,6 k €-140 k €
Net result40,4 k €144,4 k €424,8 k €358,8 k €-145,3 k €
Balance sheet
Equity1,4 M €1,3 M €1 M €611,6 k €-5,1 k €
Total assets1,6 M €1,6 M €1,2 M €787,4 k €474,8 k €
Cash139,8 k €212,6 k €91,2 k €3,5 k €7,5 k €
Debts210,4 k €290,3 k €164,1 k €165,8 k €469,9 k €
Other
Workforce7,8 ETP8,2 ETP7,8 ETP6,8 ETP6,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 20 ended

Active mandates

EMMANUEL MEWISSEN

Director · since 07 juillet 2022 · until 12 juin 2028

Active
CIRCUS BELGIUM

Managing director · since 06 juin 2022 · until 12 juin 2028 · 0451.000.609

Represented by Nicolas LEONARD

Active

Ended mandates

EMMANUEL MEWISSEN

Director · since 07 juillet 2022 · until 29 juin 2028

Ended
CIRCUS BELGIUM

Managing director · since 06 juin 2016 · until 05 juin 2022 · 0451.000.609

Represented by Nicolas LEONARD

Ended
CIRCUS BELGIUM

Managing director · since 06 juin 2016 · until 05 juin 2028 · 0451.000.609

Represented by Nicolas LEONARD

Ended
SOFABO

Chairman of the board of directors · since 06 juin 2016 · until 05 juin 2022 · 0422.978.396

Represented by Victor-Tomas BOSQUIN

Ended

Other companies at this address

Rue des Guillemins 129 4000 Liège
CompanyCBE no.
ALLIN1● Active
1009.334.983
ARDENT BETTING● Active
0459.573.924
0700.809.954
BIGB GAMING● Active
0779.530.008
CIRCUS BELGIUM● Active
0451.000.609
CIRCUS SERVICES● Active
0864.036.507
CORTEX HOLDING● Active
0555.947.679
EURO 78● Active
0423.111.426
0788.196.759
1009.343.594
0859.984.677
0700.808.271
GAMES SERVICES● Active
0423.669.076
GAMING ARDENT● Active
0667.768.487
HQ1● Active
0738.871.467
IP Trade● Active
0473.113.837
LUCKY BET● Active
0843.750.342
Meuse Bidco● Active
0778.683.336
Meuse Finco● Active
0778.734.311
Meuse Midco● Active
0778.513.684

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date15/06/202626/06/202501/07/202407/07/202326/08/202231/08/2021
General meeting08/06/202610/06/202528/06/202412/06/202330/06/202224/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202508/06/202615/06/2026FrenchPDF
Full model31/12/202410/06/202526/06/2025FrenchPDF
Full model31/12/202328/06/202401/07/2024FrenchPDF
Full model31/12/202212/06/202307/07/2023FrenchPDF
Full model31/12/202130/06/202226/08/2022FrenchPDF
Full model31/12/202024/06/202131/08/2021FrenchPDF
Full model31/12/201903/07/202016/09/2020FrenchPDF
Full model31/12/201827/06/201926/08/2019FrenchPDF
Full model31/12/201728/06/201831/08/2018FrenchPDF
Full model31/12/201629/06/201727/07/2017FrenchPDF
Abridged model31/12/201530/06/201631/10/2016FrenchPDF
Abridged model31/12/201425/06/201516/07/2015FrenchPDF
Abridged model31/12/201326/06/201426/08/2014FrenchPDF
Abridged model31/12/201227/06/201331/07/2013FrenchPDF
Abridged model31/12/201128/06/201217/08/2012FrenchPDF
Abridged model31/12/201023/06/201130/08/2011FrenchPDF
Abridged model31/12/200924/06/201027/08/2010FrenchPDF
Abridged model31/12/200825/06/200912/08/2009FrenchPDF
Abridged model31/12/200726/06/200826/08/2008FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 20 ended

Active mandates

EMMANUEL MEWISSEN

Director · since 07 juillet 2022 · until 12 juin 2028

Active
CIRCUS BELGIUM

Managing director · since 06 juin 2022 · until 12 juin 2028 · 0451.000.609

Represented by Nicolas LEONARD

Active

Ended mandates

EMMANUEL MEWISSEN

Director · since 07 juillet 2022 · until 29 juin 2028

Ended
CIRCUS BELGIUM

Managing director · since 06 juin 2016 · until 05 juin 2022 · 0451.000.609

Represented by Nicolas LEONARD

Ended
CIRCUS BELGIUM

Managing director · since 06 juin 2016 · until 05 juin 2028 · 0451.000.609

Represented by Nicolas LEONARD

Ended
SOFABO

Chairman of the board of directors · since 06 juin 2016 · until 05 juin 2022 · 0422.978.396

Represented by Victor-Tomas BOSQUIN

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution17/07/2026
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates07/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring28/05/2026
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring28/05/2026
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates27/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/01/2024
    DEMISSIONS, NOMINATIONS
    PDF

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 202540,4 k €↓
  2. 2024
    Annual accounts 2024144,4 k €↓
  3. 2022
    Annual accounts 2022424,8 k €↑
  4. 2021
    Annual accounts 2021358,8 k €↑
  5. 2020
    Annual accounts 2020-145,3 k €↑
  6. 2019
    Annual accounts 2019-207,6 k €↓
  7. 2018
    Annual accounts 2018-125,4 k €↓
  8. 2017
    Annual accounts 2017-28,3 k €↑
  9. 2016
    Annual accounts 2016-96,3 k €↑
  10. 2015
    Annual accounts 2015-262 k €↑
  11. 2014
    Annual accounts 2014-333,2 k €↓
  12. 2013
    Annual accounts 2013-79,7 k €↓
  13. 2012
    Annual accounts 2012-72,6 k €↓
  14. 2011
    Annual accounts 2011-58,5 k €↓
  15. 2010
    Annual accounts 201030,8 k €↓
  16. 2009
    Annual accounts 2009107,8 k €↑
  17. 2008
    Annual accounts 2008-52,2 k €
  18. 02/05/2007
    IncorporationPublic limited company