JAVAS

Active

Public limited companyfounded 2001active for 24 yearsKorte Keppestraat 23, 9320 Aalst, Belgium61 active companies are registered at this addressKBO/BCE: BE 0475.967.518

Summary

The annual accounts of JAVAS for financial year 2025 show a net loss of 74% of total assets and of 133% of the equity at the start of that year. The 2025 annual accounts show equity of €114,173 and a net result of -€167,828. Equity remains stable across the filed financial years (±0.6% per year). Its solvency ranks better than 34% of 57 sector peers (NACE 92, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysisFollow Report Compare

JAVASActiveChecked score 54/100

Risk analysis Report Compare

Activity

Gambling and betting activities

NACE 92000

9th largest employer in Aalst, Arts, sports and recreation sector1 site

Size

≈ €700,000turnover 2025, estimated

Staff: 4 FTE
Equity: €114,173
Loss: -€167,828

Turnover estimated from the gross margin

Financial health

54 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.2%

Structure

Parent: NAPOLEON GAMES · 100%
Holdings: 1

ODDS & OVERLAYManaging director · permanent representative DE CLERCQ Tom
PIVANTOManaging director · permanent representative Philippe Joos

Auditor: Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises2025 accounts 44 days early

Why 54raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €167,828, the second in a row (financial year 2025)1 change of registered office in 24 monthslowers riskLiquidity: current ratio 0.43, cash €34,920Equity €114,173 (50.0% of total assets)Show the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 27% of its sector peers (NACE 92, micro)

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 75+4

equity 50.0% of total assets

Liquidity 44+1

short-term debt 50.0% · cash 15.3%

Profitability 0=

return on assets -73.5%

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (219 companies, NACE 92, micro)

Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.6%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 1.1%▲ +0.5 percentage points vs 06-2025 08-2025: 1.6%▲ +0.5 percentage points vs 07-2025 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.7%▲ +0.1 percentage points vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026highest value 06-2026: 1.6%▼ -0.1 percentage points vs 05-2026 07-2026: 1.2%▼ -0.4 percentage points vs 06-2026 08-2026: 1.2%● unchanged vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.2%● unchanged vs 09-2026

Credit of up to €6,000 on 30-day terms, only on tighter conditions

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity insufficient (current ratio 0.43, compared with 0.94 in 2024, below 1; short-term debt: 50% and cash: 15.3% of total assets), and 50% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 92, micro): better than 41% on solvency, 31% on liquidity, 8% on profitability and 28% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Loss of €167,828, the second in a row (financial year 2025)

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Liquidity: current ratio 0.43, cash €34,920

NBB · annual accounts

Equity €114,173 (50.0% of total assets)

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€167,828

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

44 days early

2024

30 days early

2023

40 days early

2022

19 days early

2021

32 days early

2020

43 days early

2019

43 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 92) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

29-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

28-10-2026 Restructuring · MiscellaneousMerger · Shareholding · Declaration
17-06-2026 Annual accounts filedfinancial year 2025 · full…
04-12-2025 Capital & sharesCapital increase · Capital contribution…

Key points

Risk: 6 loss-making years in a rowloss financial year 2025 -€167,828 View
Caution: Among the weakest 9% on equitysector median €1.6m · 57 companies €114,173 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Controlled by NAPOLEON GAMESultimately: SB Lux Topco S.à.r.l. 100% View

By topic

Financials

Financial year: 2025
Total assets: €228,215
Loss: -€167,828
Solvency: 50.0%

Turnover▼ 56.7%

Net result

20182020

Go to Financials

Board & ownership

Board: 2 members
Parent: NAPOLEON GAMES · 100%
Auditor: Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises

ODDS & OVERLAYManaging director
PIVANTOManaging director

Go to Board & ownership

Network & group

Group: SB Lux Topco S.à.r.l.
Holdings: 1
Connected companies: 32
Mergers and asset contributions: 1

1 holding

Go to Network & group

Timeline

Events: 56
Since: 2003
Next accounts: by 31-07-2027

12-11-2025Resignations: Eamonn O'Loughlin (director) and KPMG Bedrijfsrevisoren…
01-07-2025Annual accounts filed
11-06-2025Appointment: KPMG bedrijfsrevisoren (statutory auditor)

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Gambling and betting activitiesNACE 92000
Founded: 30-10-2001
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 6

Purpose: “Het uitbaten van restaurant; motel; dateplace; Horeca-activiteiten in het algemeen…” (deed in Dutch)

Go to Articles of association

Key facts about JAVAS

What is the company number of JAVAS?: 0475.967.518. In Belgium the VAT number is the company number with BE in front: BE 0475.967.518.
Where is JAVAS based?: The registered office is at Korte Keppestraat 23, 9320 Aalst.Company details
What does JAVAS do?: According to the KBO register, the main activity is gambling and betting activities (NACE 92000).
What is the legal form of JAVAS?: Public limited company (NV).
When was JAVAS founded?: On 30-10-2001.
Is JAVAS still active?: Yes, JAVAS is an active enterprise in the KBO register.
How many employees does JAVAS have?: On average 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of JAVAS?: €285,645 in financial year 2020, according to the filed annual accounts.
Is JAVAS profitable?: In financial year 2025, JAVAS made a loss of €167,828.
Where can I find the annual accounts of JAVAS?: JAVAS filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JAVAS due?: By 31-07-2027, for financial year 2026.Timeline