GAME BATI · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of GAME BATI is 3.2% (moderate). The 2023 annual accounts show equity of €38k and a net result of €18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 9179 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Signals

2 signals · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2022 and 2023).

View the result trend

Growing equity

Equity grew over 2021-2023. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Annual accounts not filed

The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 386 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.

Filed more than 90 days late

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-01-2025, 160 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

How we compute the deadline

The year end is derived from 5 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	nothing on record	not filed	-
31-12-2023	31-07-2024	07-01-2025	160 d late	2025-00000274
31-12-2022	31-07-2023	23-01-2024	176 d late	2024-00005922
31-12-2021	31-07-2022	25-11-2022	117 d late	2022-20527765
31-12-2020	31-07-2021	30-09-2021	61 d late	2021-70000257
31-12-2019	31-07-2020	29-01-2021	182 d late	2021-04000114

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2018, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

3.2% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€18k+22.5%

Working capital€26k+314.3%

CSV export

Annual accounts & ratios

Source: NBB · 2023

Annual accounts filed on 07-01-2025 with the NBB · fiscal year 2023 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

volatile Too volatile to project: the yearly deviation from the trend is ~55% of the level (threshold 35%). We therefore deliberately show no projection line.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2023 · NACE 43, Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	33.9%	38.6%	better than 44% of 9179 sector peers
Net result	€18k	€12k	better than 60% of 9164 sector peers
Equity	€38k	€30k	better than 57% of 9186 sector peers
Gross operating margin	€31k	€33k	better than 48% of 9153 sector peers
Total assets	€112k	€90k	better than 59% of 9180 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P44

Improving position over 2020-2023 · n=1740-9179

Net result P60

Improving position over 2020-2023 · n=1734-9164

Equity P57

Improving position over 2020-2023 · n=1743-9186

Gross operating margin P48

Stable position over 2020-2023 · n=1732-9153

Describes the position versus peers, not a forecast.

EBITDA

€31k

+8.3% 19-23

Net profit

€18k

+22.5% 19-23

Cash flow

€23k

+15.2% 19-23

Total assets

€112k

+9.2% 19-23

Equity

€38k

+90.4% 19-23

Working capital

€26k

+314.3% 19-23

Employees (FTE)

0

-100.0% 19-23

Staff costs

€5k

- 19-23

Show 11 other metrics

Income taxes

€7k

+1.1% 19-23

Debt

€74k

-10.4% 19-23

Debt ≤ 1y

€74k

-10.4% 19-23

Debt > 1y

€10k

-55.5% 19-23

Current ratio

1.36

+26.0% 19-23

Quick ratio

1.36

+26.0% 19-23

Solvency

33.9%

+74.4% 19-23

Debt / equity

1.95

-52.9% 19-23

ROE

47.5%

-35.7% 19-23

ROA

16.1%

+12.1% 19-23

Interest coverage

58.53

+158.3% 19-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	-
EBITDA	€31k
Net profit	€18k
Cash flow	€23k
Staff costs	-
Income taxes	€7k
Dividends	-
Total assets	€112k
Equity	€38k
Debt	€74k
of which ≤ 1y	€74k
of which > 1y	-
Working capital	€26k
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	1.36
Quick ratio	1.36
Working capital ratio	23.6%
Solvency	33.9%
Debt / equity	1.95
Long-term debt ratio	-
Interest coverage	58.53
Gross margin	-
Net margin	-
ROA	16.1%
ROE	47.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €12k · 10.3% Current assets €100k · 89.7%

Equity & liabilities

Equity €38k · 33.9% Debt €74k · 66.1%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€112k
Fixed assets	21/28	€12k
Intangible fixed assets	21	€1
Tangible fixed assets	22/27	€11k
Financial fixed assets	28	€260
Current assets	29/58	€100k
Amounts receivable within one year	40/41	€90k
Cash & bank	54/58	€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€112k
Equity	10/15	€38k
Contributions / capital	10/11	€12k
Reserves	13	€25k
Amounts payable	17/49	€74k
Amounts payable within one year	42/48	€74k
Income statement
Gross operating margin	9900	€31k
Operating result	9901	€26k
Financial charges	65	€523
Result before taxes	9903	€25k
Income taxes	67/77	€7k
Net result for the period	9904	€18k
Result to be appropriated	9905	€18k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2023 · computed

89 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Directors

Directors & mandates

1 director

4 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Current directors & mandates

GAME Alexis
Director
State Gazette act 24412400 (04-07-2024)

Current
04-07-2024 → present
2 events
- 04-07-2024 Resigned· Director (executive)
- 04-07-2024 Appointed· Director

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Chapewerken(43422)
Legal form	Private limited company(610)
Incorporation	18-12-2018
Status	Active
Postal code	4470

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

GAME BATI

Rue Noiset 44, 4470 Saint-Georges-sur-MeuseStukadoorswerk

since 20182.283.099.985

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area901 m²

Buildings1

Building footprint88 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)