Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of iGames support is 0.4% (very low). The 2025 annual accounts show equity of €492k and a net result of €254k. Equity is growing by ~50.4% per year across the filed fiscal years. The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 4 annual accounts.
Signals
1 signal · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
3 signalsLong-established
Founded in 1990, 36 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.4%
Very low
0%0,5%1,5%4%10%≥25%
Long track record
−Higher-failure-rate sector
+Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Turnover€1.05M
EBIT margin3.6%
Net result€254k+173.6%
Working capital€453k+115.8%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 09-06-2026 with the NBB · fiscal year 2025 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~50.4%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).
€1.05M
-
-96% vs sector
€377k
+112.2%
-93% vs sector
€254k
+173.6%
-90% vs sector
€276k
+162.2%
-94% vs sector
€1.02M
+9.0%
-99% vs sector
€492k
+106.7%
-99% vs sector
€453k
+115.8%
-85% vs sector
26
+15.8%
-55% vs sector
€1.87M
+17.9%
-46% vs sector
€64k
+70.9%
-95% vs sector
€528k
-24.3%
-99% vs sector
€528k
-24.3%
-93% vs sector
1.86
+42.8%
+32% vs sector
1.86
+42.8%
+32% vs sector
48.2%
+89.7%
+13% vs sector
1.07
-63.4%
-12% vs sector
51.6%
+32.3%
far above sector median
24.9%
+151.0%
far above sector median
1.5%
-
+123% vs sector
3.7%
-
+66% vs sector
16.84
+182.9%
+193% vs sector
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €377k |
| Net profit | €254k |
| Cash flow | €276k |
| Staff costs | €1.87M |
| Income taxes | €64k |
| Dividends | - |
| Total assets | €1.02M |
| Equity | €492k |
| Debt | €528k |
| of which ≤ 1y | €528k |
| of which > 1y | - |
| Working capital | €453k |
| Employees (FTE) | 25.6 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.86 |
| Quick ratio | 1.86 |
| Working capital ratio | 44.4% |
| Solvency | 48.2% |
| Debt / equity | 1.07 |
| Long-term debt ratio | - |
| Interest coverage | 16.84 |
| Gross margin | - |
| Net margin | - |
| ROA | 24.9% |
| ROE | 51.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.02M |
| Fixed assets | 21/28 | €39k |
| Tangible fixed assets | 22/27 | €39k |
| Current assets | 29/58 | €981k |
| Amounts receivable within one year | 40/41 | €872k |
| Cash & bank | 54/58 | €24k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.02M |
| Equity | 10/15 | €492k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €4k |
| Accumulated profits (losses) | 14 | €468k |
| Amounts payable | 17/49 | €528k |
| Amounts payable within one year | 42/48 | €528k |
| Trade debts payable within one year | 44 | €63k |
| Income statement | ||
| Gross operating margin | 9900 | €2.35M |
| Operating result | 9901 | €355k |
| Financial income | 75 | €103 |
| Financial charges | 65 | €22k |
| Result before taxes | 9903 | €318k |
| Income taxes | 67/77 | €64k |
| Net result for the period | 9904 | €254k |
| Result to be appropriated | 9905 | €254k |
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed94
/ 100
Excellent
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
9 directorsCurrent directors & mandates
-
PIVANTOLegal entityManaging director· perm. rep.: Philippe JoosState Gazette act 25073313 (11-06-2025)Current01-02-2025 → present
-
Pivanto BVLegal entityDirector· perm. rep.: Philippe JoosState Gazette act 24160591 (12-11-2024)Current02-09-2024 → present
Historic, not recently confirmed (1)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
ODDS & OVERLAYLegal entityManager· perm. rep.: Tom De ClercqState Gazette act 15162020 (19-11-2015)Not recently confirmedlast confirmed in an act from 2015
Former directors (6)
-
Former10-11-2022 → 01-09-2025
2 events
- 01-09-2025 Resigned· Director
- 10-11-2022 Appointed· Director
-
RATED HIT BVLegal entityDirector· perm. rep.: Tim De BorleState Gazette act 21102586 (26-08-2021)Former16-12-2020 → 10-11-2022
2 events
- 10-11-2022 Resigned· Director
- 16-12-2020 Appointed· Director
-
Former30-03-2016 → 16-12-2020
2 events
- 16-12-2020 Resigned· Director
- 30-03-2016 Appointed· Manager
-
Former26-05-2008 → 19-12-2019
2 events
- 19-12-2019 Resigned· Manager
- 26-05-2008 Appointed· Manager
-
Former26-05-2008 → 17-02-2016
2 events
- 17-02-2016 Resigned· Manager
- 26-05-2008 Appointed· Manager
-
Former- → 26-05-2008
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
5 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Deloitte Bedrijfsrevisoren/Réviseurs d’EntreprisesCurrent Statutory auditor · represented by Ken Vanderstraeten |
- | 01-01-2025 → present |
| KPMG Réviseurs d'EntreprisesCurrent Statutory auditor · represented by Steven Veyt |
- | 11-06-2025 → present |
| Ernst et Young Reviseurs d'Entreprises Statutory auditor · represented by Paul Eelen succeeded by KPMG Bedrijfsrevisoren BV/SRL in 2021 |
- | 17-02-2016 → 26-08-2021 |
| EY Bedrijfsrevisoren BV Statutory auditor · represented by Paul Eelen |
- | - → 26-08-2021 |
| KPMG Bedrijfsrevisoren BV/SRL Statutory auditor · represented by Steven Veyt succeeded by Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises in 2025 |
- | 26-08-2021 → 01-01-2025 |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Activiteiten van loterijen en kansspelen(92000) |
| Legal form | Private limited company(610) |
| Incorporation | 28-05-1990 |
| Status | Active |
| Postal code | 9320 |
Structure & network
Connections & network
36 connected companiesGroup structure
Parent · 474 subsidiaries · 5 locations
Control→
Parent · 926 subsidiaries · 5 locations
Control→
Parent · 419 subsidiaries · 7 locations
Control→
Parent · 28 subsidiaries · 1 location
Control→
Parent · 29 subsidiaries · 1 location
Control→
Network connections
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Shared corporate director
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Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Establishment units
1 locationIGAMES SUPPORT
since 20132.224.595.822
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1.7 ha
Buildings1
Building footprint2,129 m²
Volume (LiDAR)45,853 m³
Tallest building58.8 m · ±9 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0932/00D000 | Flanders | 1.7 ha | 1 · 2,128 m² | 58.8 m · 9 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
18 acts Address history · 2
10-03-2016
v3.2
12-01-2009
v3.2
All acts · 18
updated 9 months ago
2025
12-11-2025 1 director appointed, 2 resigning
- Ken Vanderstraeten, Commissaris
- Eamonn O'Loughlin, Bestuurder
- KPMG Bedrijfsrevisoren, Commissaris
Summary:
v3.2
11-06-2025 Steven Veyt appointed as statutory auditor
11-06-2025 Philippe Joos appointed as managing director
2024
12-11-2024 Philippe Joos appointed as director
2022
14-12-2022 1 director appointed, 1 resigning
2021
26-08-2021 2 directors appointed, 2 resigning
- Steven Veyt, Commissaris
- Tim De Borle, Bestuurder
- Paul Eelen, Commissaris
- Tim De Borle, Bestuurder
Summary:
v3.2
02-04-2021 1 director appointed, 1 resigning
2020
22-10-2020 Change in the board of directors
Summary:
v3.2
13-02-2020 Tom De Clercq resigns as manager
2018
16-08-2018 Paul Eelen reappointed as statutory auditor
2017
24-05-2017 Articles of association amended
Summary:
v3.2
2016
19-08-2016 1 director appointed, 1 resigning
10-03-2016 Registered office moved from HAALTERT to Erembodegem
- STATIONSSTRAAT 162, 9450 HAALTERT → Korte Keppestraat 23, 9320 Erembodegem
Summary:
v3.2
2015
19-11-2015 Tom De Clercq appointed as manager
13-10-2015 Articles of association amended
Summary:
v3.2
2013
11-01-2013 Articles of association amended
Summary:
v3.2
2009
12-01-2009 Registered office moved from Kerkskken to Haaltert
- F. VAN HOEYMISSENSTRAAT 40, 9451 Kerkskken → Stationsstraat 162, 9450 Haaltert
Summary:
v3.2
2008
18-06-2008 2 directors appointed, 1 resigning
- Michiels Mieke, Zaakvoerder
- De Clercq Tom, Zaakvoerder
- Coufalova Alexandra, Zaakvoerder
Summary:
v3.2
Analysis
Snowflake analysis
financial profile on 5 axes92
/ 100
Exceptional profile, strong across almost every axis.
Health
94
Profitability
100
Solvency
90
Growth
78
Stability
100
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Primary activity highlighted.
Names & trade names
| Legal nameNL | iGames support |
Registered office
Korte Keppestraat 23
9320 Aalst, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.