GESTION LOISIRS
ActiveSummary
GESTION LOISIRS has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.03M and a net result of €-31k. Equity is shrinking by ~11% per year across the filed fiscal years. Its solvency ranks better than 95% of 425 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability15=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
short-term debt: 0.9% and cash: 60.8% of total assets, and 0.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.1%
Return on assets
-3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-31k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 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 · 10 filingsDeviation from the deadline
2025
54 d late
2024
139 d late
2023
31 d late
2022
92 d late
2021
29 d late
2020
27 d late
2019
119 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-31k▲ 11.7%
2024 · €-35k
2018: €282khighest in 8 years
2019: €120k▼ -57.4% vs 2018
2020: €-33k▼ -127% vs 2019
2021: €-7k▲ +79.3% vs 2020
2022: €-449k▼ -6466% vs 2021lowest in 8 years
2023: €-30k▲ +93.3% vs 2022
2024: €-35k▼ -16.1% vs 2023
2025: €-31k▲ +11.7% vs 2024
2018 → 2025
Working capital
€930k▼ 2.1%
2024 · €950k
2018: €582k
2019: €608k▲ +4.4% vs 2018
2020: €582k▼ -4.3% vs 2019
2021: €516k▼ -11.3% vs 2020lowest in 8 years
2022: €992k▲ +92.4% vs 2021highest in 8 years
2023: €973k▼ -1.9% vs 2022
2024: €950k▼ -2.4% vs 2023
2025: €930k▼ -2.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.08M-€1.13M▼ 45.7%€1.10M▼ 2.7%€1.06M▼ 3.2%€1.03M▼ 2.9%
2021: €2.08Mhighest in 5 years
2022: €1.13M▼ -45.7% vs 2021
2023: €1.10M▼ -2.7% vs 2022
2024: €1.06M▼ -3.2% vs 2023
2025: €1.03M▼ -2.9% vs 2024lowest in 5 years
Operating result€-7k-€-18k▼ 173%€-30k▼ 63.8%€-42k▼ 38.9%€-40k▲ 3.5%
2021: €-7khighest in 5 years
2022: €-18k▼ -173% vs 2021
2023: €-30k▼ -63.8% vs 2022
2024: €-42k▼ -38.9% vs 2023lowest in 5 years
2025: €-40k▲ +3.5% vs 2024
Net result€-7k-€-449k▼ 6,466%€-30k▲ 93.3%€-35k▼ 16.1%€-31k▲ 11.7%
2021: €-7khighest in 5 years
2022: €-449k▼ -6466% vs 2021lowest in 5 years
2023: €-30k▲ +93.3% vs 2022
2024: €-35k▼ -16.1% vs 2023
2025: €-31k▲ +11.7% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €40k in 2025 against €42k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.04M
Fixed assets
€102k ▼ 9.8%
Current assets
€939k ▼ 2.8%
Equity and liabilities €1.04M
Equity
€1.03M ▼ 2.9%
Debt
€9k ▼ 45.0%
Debt's share of the balance-sheet total falls from 1.5% to 0.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-29k▲
2024 · €-30k
Cash flow
€-20k▲
2024 · €-24k
Debt to equity
0.01▼
2024 · 0.02
ROE
-3.0%▲
2024 · -3.3%
ROA
-3.0%▲
2024 · -3.2%
Interest coverage
-87.78▲
2024 · -111.15
Debt ≤ 1 year
€9k▼
2024 · €16k
A ratio outside any meaningful range has been withheld (balance sheet total €1.04M, equity €1.03M).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.08M€1.04M▼
Fixed assets21/28€113k€102k▼
Tangible fixed assets22/27€113k€102k▼
Land and buildings22€55k€50k▼
Plant, machinery and equipment23€58k€53k▼
Furniture and vehicles24€0-
Current assets29/58€966k€939k▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€397k€304k▼
Trade receivables40€38k€34k▼
Other amounts receivable41€359k€270k▼
Cash at bank and in hand54/58€567k€633k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.04M▼
Equity10/15€1.06M€1.03M▼
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Profit (loss) carried forward14€953k€922k▼
Amounts payable17/49€16k€9k▼
Amounts payable within one year42/48€16k€9k▼
Trade debts44€16k€8k▼
Suppliers440/4€16k€8k▼
Other amounts payable47/48€500€500=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€7k
Other operating charges640/8€12k€12k▲
Gross operating margin9900€-18k€-10k▲
Operating profit (loss)9901€-42k€-40k▲
Financial income75/76B€7k€9k▲
Recurring financial income75€7k€9k▲
Financial charges65/66B€273€331▲
Recurring financial charges65€273€331▲
Profit (loss) for the period before taxes9903€-35k€-31k▲
Profit (loss) for the period9904€-35k€-31k▲
Profit (loss) for the period to be appropriated9905€-35k€-31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€953k€922k▼
Profit (loss) brought forward from the previous period14P€988k€953k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €12k | €12k | €11k | €11k | ▼ 1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €7k | - |
| Other operating charges640/8 | €7k | €8k | €10k | €12k | €12k | ▲ 5.2% |
| Gross operating margin9900 | €7k | €960 | €-8k | €-18k | €-10k | ▲ 48.0% |
| Operating profit (loss)9901 | €-7k | €-18k | €-30k | €-42k | €-40k | ▲ 3.5% |
| Financial income75/76B | €0 | €3k | - | €7k | €9k | ▲ 40.0% |
| Recurring financial income75 | €0 | €3k | - | €7k | €9k | ▲ 40.0% |
| Financial charges65/66B | €153 | €433k | €276 | €273 | €331 | ▲ 21.3% |
| Recurring financial charges65 | €153 | €283 | €276 | €273 | €331 | ▲ 21.3% |
| Non-recurring financial charges66B | - | €433k | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €-7k | €-449k | €-30k | €-35k | €-31k | ▲ 11.7% |
| Profit (loss) for the period9904 | €-7k | €-449k | €-30k | €-35k | €-31k | ▲ 11.7% |
| Profit (loss) for the period to be appropriated9905 | €-7k | €-449k | €-30k | €-35k | €-31k | ▲ 11.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.11M | €1.36M | €1.11M | €1.08M | €1.04M | ▼ 3.5% |
| Fixed assets21/28 | €1.57M | €136k | €125k | €113k | €102k | ▼ 9.8% |
| Tangible fixed assets22/27 | €141k | €136k | €125k | €113k | €102k | ▼ 9.8% |
| Land and buildings22 | €141k | €136k | €125k | €55k | €50k | ▼ 10.2% |
| Plant, machinery and equipment23 | - | - | - | €58k | €53k | ▼ 9.3% |
| Furniture and vehicles24 | €710 | €375 | €40 | €0 | - | - |
| Financial fixed assets28 | €1.43M | €0 | €0 | - | - | - |
| Current assets29/58 | €546k | €1.22M | €983k | €966k | €939k | ▼ 2.8% |
| Amounts receivable after more than one year29 | - | €37k | €19k | €0 | - | - |
| Other amounts receivable291 | - | €37k | €19k | €0 | - | - |
| Amounts receivable within one year40/41 | €231k | €939k | €515k | €397k | €304k | ▼ 23.4% |
| Trade receivables40 | €19k | €40k | €39k | €38k | €34k | ▼ 10.2% |
| Other amounts receivable41 | €213k | €899k | €475k | €359k | €270k | ▼ 24.8% |
| Cash at bank and in hand54/58 | €314k | €248k | €448k | €567k | €633k | ▲ 11.6% |
| Deferred charges and accrued income490/1 | €1k | - | €2k | €2k | €2k | ▲ 0.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.11M | €1.36M | €1.11M | €1.08M | €1.04M | ▼ 3.5% |
| Equity10/15 | €2.08M | €1.13M | €1.10M | €1.06M | €1.03M | ▼ 2.9% |
| Contributions10/11 | €100k | €100k | €100k | €100k | €100k | = |
| Capital10 | €100k | €100k | €100k | €100k | €100k | = |
| Issued capital100 | €100k | €100k | €100k | €100k | €100k | = |
| Reserves13 | €10k | €10k | €10k | €10k | €10k | = |
| Non-distributable reserves130/1 | €10k | €10k | €10k | €10k | €10k | = |
| Legal reserve130 | €10k | €10k | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | €1.97M | €1.02M | €988k | €953k | €922k | ▼ 3.2% |
| Amounts payable17/49 | €37k | €232k | €9k | €16k | €9k | ▼ 45.0% |
| Amounts payable after more than one year17 | €6k | - | - | - | - | - |
| Other amounts payable178/9 | €6k | - | - | - | - | - |
| Amounts payable within one year42/48 | €31k | €232k | €9k | €16k | €9k | ▼ 45.0% |
| Trade debts44 | €31k | €12k | €9k | €16k | €8k | ▼ 46.5% |
| Suppliers440/4 | €31k | €12k | €9k | €16k | €8k | ▼ 46.5% |
| Other amounts payable47/48 | - | €220k | €500 | €500 | €500 | = |
| Accrued charges and deferred income492/3 | - | €326 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-7k | €-449k | €-30k | €-35k | €-31k | ▲ 11.7% |
| + Depreciation and write-downs630 | €7k | €12k | €12k | €11k | €11k | ▼ 1.4% |
| Operating cash flow (approximation) | €436 | €-437k | €-18k | €-24k | €-20k | ▲ 16.5% |
| Investment in fixed assets (approximation) | - | €1.42M | €0 | €0 | €0 | - |
| Change in cash | - | €-66k | €200k | €119k | €66k | ▼ 44.9% |
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
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 54 days late
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 139 days late
2024
14-11
State Gazette act
Board meeting · Power of attorney
Registered-office move · General meeting
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
31-12
Financial
Liquidity times 20current ratio 103.94
Current ratio from 5.28 to 103.94; short-term debt falls from €232k to €9k.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 92 days late
2022
31-12
Financial
Weakest financial yearnet €-449k
Net result drops to €-449k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 17.81
Current ratio from 4.84 to 17.81; short-term debt falls from €152k to €31k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
27-07
State Gazette act
Director reappointment · Permanent representative
Board meeting · Registered-office move
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 119 days late
Show earlier events
2019
31-12
Financial
Liquidity doublescurrent ratio 6.42
Current ratio from 2.91 to 6.42; short-term debt falls from €305k to €112k.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 60 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
18-02
State Gazette act
General meeting · Director reappointment
Permanent representative · Mandate compensation
2013
06-12
State Gazette act
General meeting · Capital
Director appointment · Director resignation
2012
14-09
State Gazette act
General meeting · Capital
Statutes amendment
05-06
State Gazette act
General meeting · Capital
Permanent representative · Statutes amendment
16-05
State Gazette act
General meeting · Capital
Approval · Director reappointment
2011
28-11
State Gazette act
General meeting · Capital
Approval · Director reappointment
2010
02-08
State Gazette act
General meeting · Capital increase
Capital decrease · Capital
2009
30-07
State Gazette act
General meeting · Capital
Approval · Auditor appointment
2006
14-04
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
14-04
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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, Liège · 1 establishment unit since 1987
Ground area
4,768 m²
Parcel 62814C0393/00V002, Wallonia. Linked by address, not a title deed.
140
companies at this address
See who is registered here
1 establishment unit
Rue des Guillemins 139, 4000 Liège
since 19872.032.405.663
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62814C0393/00V002 | Wallonia | 4,768 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
13 connected companiesThis company
Company
Director
Shareholding
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Ownership & control
3 board mandatesBoard mandates of this companythis company sits on their board3
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Of 337 companies in sector 93292 we hold annual accounts for 226. 137 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded30-12-1986
Fiscal year end31-12
Abbreviation FR
G L
Activities, NACEBEL 2025
93292Sports, amusement and recreation activities
56301Cafés and bars
68201Renting and operating of own or leased residential real estate, excluding social housing
Contact
E-mail
info@ardent-re.be
Phone
042321952
Scores and ratios are computed by Checked and are not a credit decision.