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SPIELOTHEK

Active
Private limited companyfounded 2005active for 21 yearsOorlogskruisenlaan 120, 1120 Brussel, BelgiumKBO/BCE: BE 0875.621.572
Summary

SPIELOTHEK has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.9m and a net result of €1.1m. Equity has been stable since 2018 (±1.3% per year). Its solvency ranks better than 62% of 72 sector peers (NACE 92, financial year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 19-08-2005 Normal situation
Registered office
34 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Gambling and betting activities NACE 92000
Establishment units
2.152.843.239 7500 Tournai, since 07-04-2006
2.152.843.536 5100 Namur, since 07-04-2006and 3 others
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Massimo MENEGALLIDirector · since 30-06-2011
  • GPFIDirector · since 09-01-2024 · permanent representative Massimo MENEGALLI
Shareholders
  • GPFI· score 582024 annual accounts of GPFI
  • EUROPEAN AMUSEMENT· score 582024 annual accounts of EUROPEAN AMUSEMENT

Financial position

58 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2024
Gross margin
€2.6m
▲ 41.1%
Turnover
≈ €4.6m
estimated
Profit
€1.1m
Equity
€2.9m
▲ 13.1%
Total assets
€4.4m
▲ 43.2%
Employees on 31-12-2024
21
▼ 8.7%
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 25-08-2025)lowers riskLiquidity: current ratio 2.12, cash €2.9mFounded in 2005Equity €2.9m (64.8% of total assets)Show the evidence

Checked score

Score 2024
58 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 79% of companies in gambling and betting (NACE 92)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 90-10
equity 64.8% of total assets
Liquidity 84+26
short-term debt 35.2% · cash 66.9%
Profitability 100+100
return on assets 25.7%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (24 companies, NACE 92, small)
Last 24 months 12-2024: 1.3% 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.5%▲ +0.2 percentage points vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.6%▲ +0.1 percentage points vs 05-2025 07-2025: 1.8%▲ +0.2 percentage points vs 06-2025 08-2025: 2.0%▲ +0.2 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -2.0 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €160,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.12 (1.28 in 2023), above the usual 1.5. Short-term debt is 35.2% and cash 66.9% of total assets. 35.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 66% of them on solvency, 95% on liquidity, 92% on profitability and 62% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 25-08-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.12, cash €2.9m
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €2.9m (64.8% of total assets)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 22 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
22 days late
2023
20 days early
2022
39 days late
2021
40 days late
2020
74 days late
2019
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 22 days after the deadline. In the sector (NACE 92), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2024after a loss of €1.3m in 2023 €1.1m View
  • Positive: 8th largest company by equity in the Brussels-Capital Region, Gambling and betting…in the Checked rankings No. 8 View
  • 2 restructurings since 2024latest: merger with LERUS CENTERS 2 View

Recent changes

  1. · Gazette deed Merger: SPIELOTHEK BELGIË takes over FUN2PLAY RUMESCompany renamed from SPIELOTHEK BELGIË to SPIELOTHEK
  2. · Gazette deed Merger proposal: SPIELOTHEK BELGIË takes over FUN2PLAY RUMES
  3. · Gazette deed Change of role: Massimo MENEGALLI, from manager to directorResignation: LEONARDO (manager) · Appointment: GPFI (director)
All 17 events

Comparable companies

These companies have the same main activity as SPIELOTHEK: gambling and betting activities (NACE 92000). They are comparable in size and age: total assets between €1.8m and €9.3m, founded between 1989 and 2000.

CompanyTotal assetsGross margin
SPIELOTHEK Brussel€4.4m€2.6m
RAMSES Grimbergen€3.6m€1.6m
S & S Grimbergen€3.4m€1.3m
Kindred Belgium Antwerpen€5.2m€4.0m
PAC-MAN Liège€9.3m€1.4m
BREYDEL AMUSEMENT Antwerpen€5.0m€1.6m
Center jeux automatiques Brussel€1.8m€2.8m
Full comparison

Key facts about SPIELOTHEK

What is the company number of SPIELOTHEK?
The company number of SPIELOTHEK is 0875.621.572. The VAT number is the same number with BE in front: BE 0875.621.572.
Where is SPIELOTHEK based?
The registered office is at Oorlogskruisenlaan 120, 1120 Brussel.Company details
What does SPIELOTHEK do?
According to the KBO register, the main activity is gambling and betting activities (NACE 92000).
What is the legal form of SPIELOTHEK?
The legal form of SPIELOTHEK is Private limited company (BV).
When was SPIELOTHEK founded?
SPIELOTHEK was founded on 19-08-2005.
Is SPIELOTHEK still active?
Yes, SPIELOTHEK is an active enterprise in the KBO register.
How many employees does SPIELOTHEK have?
SPIELOTHEK had an average of 17.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of SPIELOTHEK?
The turnover in financial year 2024 is ≈ €4.6m. This figure is estimated from the gross margin of €2.6m and 1,584 comparable companies of the same size. It probably lies between €3.1m and €7.5m. It is a rough estimate.
Is SPIELOTHEK profitable?
In financial year 2024, SPIELOTHEK made a profit of €1.1m.
Where can I find the annual accounts of SPIELOTHEK?
SPIELOTHEK filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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