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SPEELHAL.NET

Active
Public limited company·Overige zakelijke dienstverlening, neg· 36 yrs active
Korte Keppestraat 23 ·9320 Aalst, Belgium
KBO/BCE: BE 0440.906.471
Watch Print / PDF
Age36 yrs
Board3
Staff (FTE)20.2
Connections36
Real estate1 parcel · 1.7 ha

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of SPEELHAL.NET is 0.1% (very low). The 2025 annual accounts show equity of €1.30M and a net result of €174k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 88% of 147 sector peers (fiscal year 2025). 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 7 annual accounts.

Signals

1 signal · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 88% of 147 peers (2025). A comfortable equity buffer.
View the sector comparison

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 signals
Long-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 everyone
0.1% Very low
0%0,5%1,5%4%10%≥25%
Long track record −Lower-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€1.21M+60.5%
EBIT margin-12.1%+4.2pp
Net result€174k
Working capital€1.10M+57.2%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 09-06-2026 with the NBB · fiscal year 2025 · verkort
€-500k€0€500k€1.00MRevenue 2021: €755k€755kOperating result 2021: €-123k€-123kNet result 2021: €116k€116kRevenue 2022: €1.21M€1.21MOperating result 2022: €-146k€-146kNet result 2022: €340k€340kOperating result 2023: €-111k€-111kNet result 2023: €365k€365kOperating result 2024: €20k€20kNet result 2024: €-263k€-263kOperating result 2025: €197k€197kNet result 2025: €174k€174k20212022202320242025
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~16.3%/year over 7 fiscal years, indicative, assuming unchanged policy.
€0€500k€1.00M€1.50M€2.00M2026: €1.52M (€1.42M - €1.63M)2027: €1.69M (€1.53M - €1.84M)2028: €1.86M (€1.64M - €2.07M)2019: €299k2020: €570k2021: €686k2022: €1.03M2023: €1.39M2024: €1.13M2025: €1.30M2019202020212022202320242025202620272028
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).

Sector comparison
Fiscal year 2025 · NACE 82 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 77.5% 39.6%
better than 88% of 147 sector peers
Net result €174k €51k
better than 77% of 146 sector peers
Equity €1.30M €152k
better than 85% of 147 sector peers
Gross operating margin €2.45M €110k
better than 95% of 144 sector peers
Staff costs €1.75M €234k
higher than 87% of 38 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 P88
2020: P17 · n=1022021: P20 · n=1602022: P19 · n=2592023: P56 · n=3602024: P63 · n=4262025: P88 · n=1472020 2025
Improving position over 2020-2025 · n=102-426
Net result P77
2020: P89 · n=1012021: P81 · n=1592022: P90 · n=2592023: P91 · n=3602024: P5 · n=4262025: P77 · n=1462020 2025
Weakening position over 2020-2025 · n=101-426
Equity P85
2020: P71 · n=1022021: P82 · n=1602022: P85 · n=2592023: P87 · n=3602024: P85 · n=4262025: P85 · n=1472020 2025
Stable position over 2020-2025 · n=102-426
Gross operating margin P95
2023: P95 · n=3552024: P95 · n=4222025: P95 · n=1442023 2025
Stable position over 2023-2025 · n=144-422
Describes the position versus peers, not a forecast.
Revenue
€1.21M
+60.5% far above sector median
EBITDA
€428k
+62.8% far above sector median
Net profit
€174k
- far above sector median
Cash flow
€404k
- far above sector median
Total assets
€1.68M
-24.5% far above sector median
Equity
€1.30M
+15.4% far above sector median
Working capital
€1.10M
+57.2% far above sector median
Employees (FTE)
20
-8.6% -13% vs sector
Staff costs
€1.75M
+2.3% +80% vs sector
Income taxes
€5k
-98.0% +249% vs sector
Debt
€377k
-65.6% far above sector median
Debt ≤ 1y
€377k
-65.6% far above sector median
Debt > 1y
€1.87M
+0.3% far above sector median
Current ratio
3.93
+139.2% +194% vs sector
Quick ratio
3.93
+139.1% +229% vs sector
Solvency
77.5%
+52.8% +76% vs sector
Debt / equity
0.29
-70.2% -57% vs sector
ROE
13.4%
- far above sector median
ROA
10.4%
- far above sector median
Net margin
28.0%
+82.3% far above sector median
EBITDA margin
9.8%
- 19-25
Interest coverage
21.23
+208.7% far above sector median
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€428k
Net profit€174k
Cash flow€404k
Staff costs€1.75M
Income taxes€5k
Dividends-
Total assets€1.68M
Equity€1.30M
Debt€377k
of which ≤ 1y€377k
of which > 1y-
Working capital€1.10M
Employees (FTE)20.2
Ratios (computed)
2025
Current ratio3.93
Quick ratio3.93
Working capital ratio65.7%
Solvency77.5%
Debt / equity0.29
Long-term debt ratio-
Interest coverage21.23
Gross margin-
Net margin-
ROA10.4%
ROE13.4%
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 Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€1.68M
Fixed assets 21/28€198k
Intangible fixed assets 21€173k
Tangible fixed assets 22/27€25k
Current assets 29/58€1.48M
Stocks & contracts in progress 3€647
Amounts receivable within one year 40/41€1.46M
Cash & bank 54/58€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.68M
Equity 10/15€1.30M
Contributions / capital 10/11€124k
Reserves 13€139k
Accumulated profits (losses) 14€1.04M
Amounts payable 17/49€377k
Amounts payable within one year 42/48€377k
Trade debts payable within one year 44€54k
Income statement
Gross operating margin 9900€2.45M
Operating result 9901€197k
Financial income 75€2k
Financial charges 65€20k
Result before taxes 9903€179k
Income taxes 67/77€5k
Net result for the period 9904€174k
Result to be appropriated 9905€174k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
100 / 100 Excellent
050100

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 directors
Current directors & mandates
  • PIVANTOLegal entity
    Managing director· perm. rep.: Philippe Joos
    State Gazette act 25073263 (11-06-2025)
    Current
    01-02-2025 → present
  • Odds & Overlay BVLegal entity
    Director· perm. rep.: Tom De Clercq
    State Gazette act 23052412 (18-04-2023)
    Current
    18-04-2023 → present
  • Eamorın O'Loughlin
    Director
    State Gazette act 22147653 (14-12-2022)
    Current
    10-11-2022 → 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 entity
    Director· perm. rep.: Tom De Clercq
    State Gazette act 17051897 (11-04-2017)
    Not recently confirmed
    last confirmed in an act from 2017
    2 events
    • 20-12-2016 Appointed· Director
    • 20-12-2016 Appointed· Managing director
Former directors (5)
  • Eamonn O'Loughlin
    Director
    State Gazette act 25143729 (12-11-2025)
    Former
    - → 01-09-2025
  • Koen Sanders
    Director
    State Gazette act 20024968 (13-02-2020)
    Former
    19-12-2019 → 10-11-2022
    2 events
    • 10-11-2022 Resigned· Director
    • 19-12-2019 Appointed· Director
  • De Borle Tim
    Director
    State Gazette act 16117166 (19-08-2016)
    Former
    30-03-2016 → 19-12-2019
    2 events
    • 19-12-2019 Resigned· Director
    • 30-03-2016 Appointed· Director
  • Tom De Clercq
    Director
    State Gazette act 17138846 (02-10-2017)
    Former
    06-09-2011 → 19-12-2019
    4 events
    • 19-12-2019 Resigned· Director
    • 02-06-2017 Mandate renewed· Director
    • 06-09-2011 Mandate renewed· Managing director
    • 06-09-2011 Mandate renewed· Director
  • Mieke Michiels
    Managing director
    State Gazette act 11135021 (06-09-2011)
    Former
    06-09-2011 → 15-02-2016
    3 events
    • 15-02-2016 Resigned· Director
    • 06-09-2011 Appointed· Managing director
    • 06-09-2011 Mandate renewed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Statutory auditor

4 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 & Young bvcvba
Company auditor · represented by Paul EELEN
succeeded by Ernst et Young Reviseurs d'Entreprises in 2018
 A 02213 27-01-2016 → 16-08-2018
Ernst et Young Reviseurs d'Entreprises
Statutory auditor · represented by Paul Eelen
succeeded by Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises in 2025
 - 16-08-2018 → 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 Overige zakelijke dienstverlening, neg(82990)
Legal form Public limited company(014)
Incorporation01-06-1990
StatusActive
Postal code9320

Structure & network

Connections & network

36 connected companies
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises, Parent company DBDeloitteBedrijfs…risesErnst et Young Reviseurs d'Entreprises, Parent company EEErnst et YoungReviseur…risesKPMG Réviseurs d'Entreprises, Parent company KRKPMG Réviseursd'EntreprisesODDS & OVERLAY, Parent company O&ODDS & OVERLAYPIVANTO, Parent company PPIVANTOGerardo, Subsidiary GGerardo+22 companies via a shared director +22via a shareddirector+8 companies via a shared corporate director +8via a sharedcorporate directorSPEELHAL.NET SPEELHAL.NET0440.906.471
Group structureShared directorsBundled connections
Group structure
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
Parent · 474 subsidiaries · 5 locations
Control→
Ernst et Young Reviseurs d'Entreprises
Parent · 926 subsidiaries · 5 locations
Control→
KPMG Réviseurs d'Entreprises
Parent · 419 subsidiaries · 7 locations
Control→
ODDS & OVERLAY
Parent · 28 subsidiaries · 1 location
Control→
PIVANTO
Parent · 29 subsidiaries · 1 location
Control→
Gerardo
Subsidiary · 1 location
→
Network connections
ALOHA
Shared director
→
BREYDEL GAMES
Shared director
→
CAPITOLE
Shared director
→
COCKY'S GAMES
Shared director
→
DE CEUSTER CONTINENTAL
Shared director
→
E.C.K.
Shared director
→
→
iGames support
Shared director
→
JAVAS
Shared director
→
LAGAUT
Shared director
→
LE CHÂTEAU
Shared director
→
LUCKY SEVEN
Shared director
→
LUNA INVEST
Shared director
→
LUNATIM
Shared director
→
NAPOLEON GAMES
Shared director
→
→
NAPOLEON GAMES SPORTS
Shared director
→
NGG
Shared director
→
OLYMPIAN GAMES
Shared director
→
Ostend Games
Shared director
→
SNOOK
Shared director
→
Valtier Group
Shared director
→
BEPRAQ INVEST
Shared corporate director
→
FUTURE GAMES
Shared corporate director
→
GAMES - LICHTERVELDE
Shared corporate director
→
Games - Nazareth
Shared corporate director
→
IRJAM
Shared corporate director
→
ludenZ
Shared corporate director
→
NEW LAFORGE
Shared corporate director
→
NGG Direct
Shared corporate director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Establishment units

1 location
Korte Keppestraat 23, 9320 Aalst
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
since 20022.048.799.257
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 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.

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

19 acts
Capital history · 1
18-05-2017
v3.2
Address history · 1
11-06-2025
v3.2
All acts · 19 updated 9 months ago
2025
12-11-2025 1 director appointed, 2 resigning Director changes
  • Ken Vanderstraeten, Commissaris
  • Eamonn O'Loughlin, Bestuurder
  • KPMG Bedrijfsrevisoren, Commissaris
Summary: v3.2
11-06-2025 Registered office moved within Erembodegem Registered-office change
  • Korte Keppestraat 23, 9320 Erembodegem → Korte Keppestraat 23, 9320 Erembodegem
Summary: v3.2
11-06-2025 Steven Veyt appointed as statutory auditor Director changes
  • Steven Veyt, Commissaris
Summary: v3.2
2024
12-11-2024 Philippe Joos appointed as director Director changes
  • Philippe Joos, Bestuurder
Summary: v3.2
2023
18-04-2023 Tom De Clercq reappointed as director Director changes
  • Tom De Clercq, Bestuurder
Summary: v3.2
2022
14-12-2022 1 director appointed, 1 resigning Director changes
  • Eamorın O'Loughlin, Bestuurder
  • Koen Sanders, Bestuurder
Summary: v3.2
2021
26-08-2021 1 director appointed, 1 resigning Director changes
  • KPMG Bedrijfsrevisoren BV/SRL, Commissaris
  • EY Bedrijfsrevisoren BV, Commissaris
Summary: v3.2
2020
22-10-2020 Articles of association amended Statutes amendment
Summary: v3.2
13-02-2020 1 director appointed, 2 resigning Director changes
  • Koen Sanders, Bestuurder
  • Tom De Clercq, Bestuurder
  • Tim de Borle, Bestuurder
Summary: v3.2
2018
16-08-2018 Paul Eelen reappointed as statutory auditor Director changes
  • Paul Eelen, Commissaris
Summary: v3.2
24-07-2018 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous·Susana González Melón
Summary: otherNotary: Susana González Melón · Gent
2017
27-12-2017 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous·Susana González Melón
Summary: otherNotary: Susana González Melón · Dendermonde
02-10-2017 Tom De Clercq reappointed as director Director changes
  • Tom De Clercq, Bestuurder
Summary: v3.2
18-05-2017 Capital increase of €123,946.76 to €123,946.76 Capital & shares
Summary: v3.2
11-04-2017 2 directors appointed Director changes
  • Tom De Clercq, Bestuurder
  • Tom De Clercq, Gedelegeerd bestuurder
Summary: v3.2
2016
19-08-2016 1 director appointed, 1 resigning Director changes
  • Tim De Borle, Bestuurder
  • Mieke Michiels, Bestuurder
Summary: v3.2
27-01-2016 Articles of association amended Statutes amendment
Summary: v3.2
2015
14-07-2015 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous·Susana Gonzalez Melon
Summary: otherNotary: Susana Gonzalez Melon · Gent
2011
06-09-2011 1 director appointed, 3 reappointed Director changes
  • Mieke Michiels, Gedelegeerd bestuurder
  • Tom De Clercq, Gedelegeerd bestuurder
  • Tom De Clercq, Bestuurder
  • Mieke Michiels, Bestuurder
Summary: v3.2

Analysis

Snowflake analysis

financial profile on 5 axes
Health100Profitability67Solvency100Growth72Stability100
88 / 100

Exceptional profile, strong across almost every axis.

Health 100
Profitability 67
Solvency 100
Growth 72
Stability 100

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990Loterijen en kansspelen92000Activiteiten van loterijen en kansspelen92000Loterijen en kansspelen92710Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110
Primary activity highlighted.
Names & trade names
Legal nameNL SPEELHAL.NET
Registered office
Korte Keppestraat 23
9320 Aalst, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.