LOCKDOWN
ActiveSummary
LOCKDOWN has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €179,170 and a net result of -€12,736. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▼-3
Solvency54▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity short (current ratio 0.58 against 0.39 in 2024; short-term debt: 35.5% and cash: 14.4% of total assets), and 70.9% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
41 d late
2022
32 d late
2021
59 d early
2020
29 d early
2019
16 d 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 4 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€179,170▼ 6.6%
2024 · €191,906
Total assets
€616,265▼ 10.6%
2024 · €689,286
Net result
-€12,736
2024 · €2,007
Working capital
-€91,024▲ 45.1%
2024 · -€165,800
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€96,436▼ 48.9%€5,394€45,133▲ 737%€19,294▼ 57.3%€1,715▼ 91.1%
Net result-€116,660below the sector's middle half▼ 45.0%-€3,553within the sector's middle half▲ 97.0%€29,500within the sector's middle half€2,007within the sector's middle half▼ 93.2%-€12,736below the sector's middle half
Equity€163,951within the sector's middle half▲ 52.0%€160,399within the sector's middle half▼ 2.2%€189,899within the sector's middle half▲ 18.4%€191,906within the sector's middle half▲ 1.1%€179,170within the sector's middle half▼ 6.6%
Total assets€758,885within the sector's middle half▲ 27.7%€743,608within the sector's middle half▼ 2.0%€692,689within the sector's middle half▼ 6.8%€689,286within the sector's middle half▼ 0.5%€616,265within the sector's middle half▼ 10.6%
Debt€594,934▲ 22.3%€583,209▼ 2.0%€502,790▼ 13.8%€497,380▼ 1.1%€437,095▼ 12.1%
Working capital-€200,264below the sector's middle half▼ 222%-€242,542below the sector's middle half▼ 21.1%-€247,724below the sector's middle half▼ 2.1%-€165,800below the sector's middle half▲ 33.1%-€91,024within the sector's middle half▲ 45.1%
Solvency21.6%within the sector's middle half▲ 3.5pp21.6%within the sector's middle half=27.4%within the sector's middle half▲ 5.8pp27.8%within the sector's middle half▲ 0.4pp29.1%within the sector's middle half▲ 1.2pp
Current ratio0.33below the sector's middle half▼ 0.310.27below the sector's middle half▼ 0.060.20below the sector's middle half▼ 0.060.39below the sector's middle half▲ 0.180.58within the sector's middle half▲ 0.20
Return on assets (ROA)-15.4%below the sector's middle half▼ 1.8pp-0.5%within the sector's middle half▲ 14.9pp4.3%within the sector's middle half▲ 4.7pp0.3%within the sector's middle half▼ 4.0pp-2.1%within the sector's middle half▼ 2.4pp
Staff (FTE)3.1within the sector's middle half▼ 42.6%3.7within the sector's middle half▲ 19.4%3.4within the sector's middle half▼ 8.1%4within the sector's middle half▲ 17.6%2.6within the sector's middle half▼ 35.0%
above
within
below
the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 91% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €616,265
Fixed assets
€488,718 ▼ 16.3%
Current assets
€127,546 ▲ 21.3%
Equity and liabilities €616,265
Equity
€179,170 ▼ 6.6%
Debt
€437,095 ▼ 12.1%
Debt's share of the balance-sheet total falls from 72.2% to 70.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€97,164▼
2024 · €111,994
Cash flow
€82,712▼
2024 · €94,708
Quick ratio
0.58▲
2024 · 0.39
Debt to equity
2.44▼
2024 · 2.59
ROE
-7.1%▼
2024 · 1.0%
Interest coverage
6.79▲
2024 · 6.50
Debt ≤ 1 year
€218,571▼
2024 · €270,918
Debt > 1 year
€210,248▲
2024 · €206,772
Income taxes
€176▲
2024 · €77
Staff costs
€115,647▼
2024 · €157,281
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,549 companies that looked in July 2024 the way this one looks now, 3.9% went bankrupt within 24 months and 91% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a small loss
3.9%
went bankrupt
3.7%
stopped otherwise
91%
still going
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,549 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €53,820 | €116,441 | €127,696 | €157,281 | €115,647 | ▼ 26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €67,116 | €91,460 | €90,319 | €92,700 | €95,448 | ▲ 3.0% |
| Other operating charges640/8 | €2,904 | €861 | €1,026 | €8,285 | €702 | ▼ 91.5% |
| Gross operating margin9900 | €27,402 | €214,157 | €264,174 | €277,561 | €213,513 | ▼ 23.1% |
| Operating profit (loss)9901 | -€96,436 | €5,394 | €45,133 | €19,294 | €1,715 | ▼ 91.1% |
| Financial income75/76B | €72 | €36 | €18 | €18 | €24 | ▲ 33.1% |
| Recurring financial income75 | €72 | €36 | €18 | €18 | €24 | ▲ 33.1% |
| Financial charges65/66B | €20,149 | €8,871 | €15,486 | €17,228 | €14,300 | ▼ 17.0% |
| Recurring financial charges65 | €20,149 | €8,871 | €15,486 | €17,228 | €14,300 | ▼ 17.0% |
| Profit (loss) for the period before taxes9903 | -€116,513 | -€3,441 | €29,664 | €2,084 | -€12,560 | ▼ 703% |
| Income taxes67/77 | €146 | €112 | €164 | €77 | €176 | ▲ 129% |
| Profit (loss) for the period9904 | -€116,660 | -€3,553 | €29,500 | €2,007 | -€12,736 | ▼ 734% |
| Profit (loss) for the period to be appropriated9905 | -€116,660 | -€3,553 | €29,500 | €2,007 | -€12,736 | ▼ 734% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €758,885 | €743,608 | €692,689 | €689,286 | €616,265 | ▼ 10.6% |
| Fixed assets21/28 | €659,676 | €655,572 | €629,520 | €584,167 | €488,718 | ▼ 16.3% |
| Intangible fixed assets21 | €454 | - | - | - | - | - |
| Tangible fixed assets22/27 | €659,222 | €655,572 | €629,520 | €584,167 | €488,718 | ▼ 16.3% |
| Plant, machinery and equipment23 | €11,252 | €5,152 | €304 | €7,119 | €5,398 | ▼ 24.2% |
| Furniture and vehicles24 | €3,988 | €3,678 | €6,964 | €4,245 | €1,992 | ▼ 53.1% |
| Other tangible fixed assets26 | €643,982 | €646,742 | €622,252 | €572,803 | €481,329 | ▼ 16.0% |
| Current assets29/58 | €99,208 | €88,036 | €63,169 | €105,119 | €127,546 | ▲ 21.3% |
| Stocks and contracts in progress3 | - | - | - | €622 | €839 | ▲ 34.8% |
| Stocks30/36 | - | - | - | €622 | €839 | ▲ 34.8% |
| Amounts receivable within one year40/41 | €12,621 | €10,844 | €21,503 | €30,897 | €35,107 | ▲ 13.6% |
| Trade receivables40 | €7,307 | €7,724 | €11,670 | €26,360 | €28,565 | ▲ 8.4% |
| Other amounts receivable41 | €5,314 | €3,120 | €9,832 | €4,536 | €6,543 | ▲ 44.2% |
| Cash at bank and in hand54/58 | €83,683 | €76,610 | €40,051 | €72,957 | €88,482 | ▲ 21.3% |
| Deferred charges and accrued income490/1 | €2,905 | €583 | €1,615 | €643 | €3,119 | ▲ 385% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €758,885 | €743,608 | €692,689 | €689,286 | €616,265 | ▼ 10.6% |
| Equity10/15 | €163,951 | €160,399 | €189,899 | €191,906 | €179,170 | ▼ 6.6% |
| Contributions10/11 | €14,000 | €14,000 | €14,000 | €14,000 | €14,000 | = |
| Revaluation surpluses12 | €320,257 | €286,582 | €252,907 | €219,233 | €185,558 | ▼ 15.4% |
| Reserves13 | €18,489 | €52,164 | €85,839 | €119,513 | €153,188 | ▲ 28.2% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | €2,000 | €2,000 | - | - | - | - |
| Distributable reserves133 | €16,489 | €50,164 | €85,839 | €119,513 | €153,188 | ▲ 28.2% |
| Profit (loss) carried forward14 | -€188,795 | -€192,347 | -€162,847 | -€160,840 | -€173,576 | ▼ 7.9% |
| Amounts payable17/49 | €594,934 | €583,209 | €502,790 | €497,380 | €437,095 | ▼ 12.1% |
| Amounts payable after more than one year17 | €277,717 | €232,725 | €172,938 | €206,772 | €210,248 | ▲ 1.7% |
| Financial debts170/4 | €277,717 | €232,725 | €172,938 | €206,772 | €210,248 | ▲ 1.7% |
| Amounts payable within one year42/48 | €299,472 | €330,579 | €310,893 | €270,918 | €218,571 | ▼ 19.3% |
| Current portion of amounts payable after more than one year42 | €53,500 | €63,385 | €61,870 | €59,926 | €38,124 | ▼ 36.4% |
| Trade debts44 | €22,513 | €33,144 | €35,549 | €19,966 | €37,034 | ▲ 85.5% |
| Suppliers440/4 | €22,513 | €33,144 | €35,549 | €19,966 | €37,034 | ▲ 85.5% |
| Advances received on contracts in progress46 | €56,731 | €53,968 | €56,494 | €58,878 | €48,405 | ▼ 17.8% |
| Taxes, remuneration and social security45 | €15,123 | €16,929 | €29,412 | €19,316 | €16,027 | ▼ 17.0% |
| Taxes450/3 | €888 | €556 | €491 | €2,980 | €411 | ▼ 86.2% |
| Remuneration and social security454/9 | €14,235 | €16,374 | €28,920 | €16,336 | €15,616 | ▼ 4.4% |
| Other amounts payable47/48 | €151,606 | €163,152 | €127,568 | €112,832 | €78,982 | ▼ 30.0% |
| Accrued charges and deferred income492/3 | €17,744 | €19,906 | €18,960 | €19,689 | €8,276 | ▼ 58.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€116,660 | -€3,553 | €29,500 | €2,007 | -€12,736 | ▼ 734% |
| + Depreciation and write-downs630 | €67,116 | €91,460 | €90,319 | €92,700 | €95,448 | ▲ 3.0% |
| Operating cash flow (approximation) | -€49,544 | €87,907 | €119,819 | €94,708 | €82,712 | ▼ 12.7% |
| Investment in fixed assets (approximation) | - | -€87,355 | -€64,267 | -€47,348 | €0 | ▲ 100% |
| Change in cash | - | -€7,073 | -€36,558 | €32,906 | €15,525 | ▼ 52.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 41 days late
2023
31-12
Financial
Back to profitnet €29,500
Net result €29,500 after 4 loss-making years.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet -€116,660
Net result drops to -€116,660, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150,000Eq €163,951 ▲52%
Equity rises from €107,838 to €163,951.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100,000Eq €107,838 ▲343%
Equity rises from €24,345 to €107,838.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 3 establishment units since 2017
Ground area
2.6 ha
Building footprint
1.9 ha
Volume, LiDAR
103,668 m³
3 parcels, Flanders · tallest building 23.8 m, ±5 floors. Linked by address, not a title deed.
36
companies at this address
See who is registered here
3 establishment units
LOCKDOWN Comm.V.
since 20172.261.423.059
Doorniksestraat(Kor) 44, 8500 Kortrijk
since 20192.300.737.852
Stapelplein 70, 9000 Gent
since 20192.300.737.951
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A2735/00X002 | Flanders | 2.2 ha | 1 · 1.6 ha | 23.8 m |
| 44021A2756/02F002 | Flanders | 4,237 m² | 1 · 1,979 m² | 21.2 m · 5 fl. |
| 34022G0498/00Y000 | Flanders | 364 m² | 1 · 320 m² | 18.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,346 EUR awarded · 1,346 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,346 EUR | 1,346 EUR |
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Of 6,734 companies in sector 93299 we hold annual accounts for 1,169. 810 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
93299Other amusement and recreation activities
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0668862906
Also
9925:BE0668862906
Registered
18-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.