ARDENT CASINO BELGIUM
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2025.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 03-10-2025 was due by 03-05-2026 and was filed on 23-06-2026, 51 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
51 d late
2024
35 d early
2023
30 d early
2022
18 d early
2021
26 d late
2020
31 d late
2019
45 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, full schema
Turnover
€400k▼ 50.0%
2024 · €800k
2019: €800k
2020: €800k
2021: €800k
2022: €800k
2024: €800k
2019 → 2025
EBIT margin
94.2%▼ 4.9pp
2024 · 99.1%
2019: 93.8%
2020: 95.0%
2021: 96.6%
2022: 96.7%
2024: 99.1%
2019 → 2025
Net result
€95.81M▲ 136%
2024 · €40.53M
2019: €6.31M
2020: €167k
2021: €480k
2022: €459k
2024: €40.53M
2019 → 2025
Working capital
€16.79M
2022 · €-7.10M
2019: €-8.79M
2020: €-8.15M
2021: €-7.64M
2022: €-7.10M
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Turnover€800k-€800k=€800k=€800k=€400k▼ 50.0%
Equity€14.98M-€15.46M▲ 3.2%€15.92M▲ 3.0%€56.66M▲ 256%€152.48M▲ 169%
Operating result€760k-€773k▲ 1.7%€773k=€793k▲ 2.5%€377k▼ 52.5%
Net result€167k-€480k▲ 187%€459k▼ 4.3%€40.53M▲ 8,720%€95.81M▲ 136%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 52% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €152.48M
Fixed assets
€123.06M▲ 209%
Current assets
€29.42M▲ 74.8%
Key figures and ratios
Solvency
100.0%▲
2024 · 99.9%
ROE
62.8%▼
2024 · 71.5%
ROA
62.8%▼
2024 · 71.5%
Income taxes
€210k▲
2024 · €181k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€56.70M€152.48M▲
Formation expenses20€0-
Fixed assets21/28€39.87M€123.06M▲
Financial fixed assets28€39.87M€123.06M▲
Affiliated companies280/1€39.87M€123.06M▲
Participating interests280€39.87M€123.06M▲
Current assets29/58€16.83M€29.42M▲
Amounts receivable within one year40/41€16.83M€29.42M▲
Trade receivables40€15k€204▼
Other amounts receivable41€16.81M€29.42M▲
Equity and liabilities
Total equity and liabilities10/49€56.70M€152.48M▲
Equity10/15€56.66M€152.48M▲
Contributions10/11€5.14M€5.14M=
Capital10€1.50M€1.50M=
Issued capital100€1.50M€1.50M=
Outside capital11€3.64M€3.64M=
Share premium1100/10€3.64M€3.64M=
Reserves13€445k€445k=
Non-distributable reserves130/1€150k€150k=
Legal reserve130€150k€150k=
Tax-exempt reserves132€295k-
Distributable reserves133-€295k
Profit (loss) carried forward14€51.08M€146.89M▲
Amounts payable17/49€35k-
Amounts payable within one year42/48€35k-
Trade debts44€1k-
Suppliers440/4€1k-
Taxes, remuneration and social security45€34k-
Taxes450/3€34k-
Income statement
Code20242025
Operating income70/76A€814k€410k▼
Turnover70€800k€400k▼
Other operating income74€14k€10k▼
Operating charges60/66A€21k€33k▲
Services and other goods61€6k€23k▲
Other operating charges640/8€15k€10k▼
Operating profit (loss)9901€793k€377k▼
Financial income75/76B€40.28M€95.64M▲
Recurring financial income75€40.28M€12.46M▼
Income from financial fixed assets750€40.00M€12.00M▼
Income from current assets751-€458k
Other financial income752/9€277k-
Non-recurring financial income76B-€83.19M
Financial charges65/66B€364k€321▼
Recurring financial charges65€364k€321▼
Debt charges650€364k-
Other financial charges652/9€301€321▲
Profit (loss) for the period before taxes9903€40.71M€96.02M▲
Income taxes67/77€181k€210k▲
Taxes670/3€181k€210k▲
Profit (loss) for the period9904€40.53M€95.81M▲
Transfer from tax-exempt reserves789-€295k
Profit (loss) for the period to be appropriated9905€40.53M€96.11M▲
Appropriation of the result
Profit (loss) to be appropriated9906€51.08M€147.18M▲
Profit (loss) brought forward from the previous period14P€10.55M€51.08M▲
Transfer to equity691/2-€295k
To other reserves6921-€295k
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 51 days late
2025
03-10
Financial
Highest result since 2019net €95.81M ▲136%
Net result €95.81M, the highest in the series.
03-10
Financial
Equity above €100MEq €152.48M ▲169%
6 profitable years in a row build equity to €152.48M.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity times 100232current ratio 480.67
Current ratio from 0.00 to 480.67; short-term debt falls from €7.13M to €35k.
31-12
Financial
Equity above €50MEq €56.66M ▲256%
5 profitable years in a row build equity to €56.66M.
25-09
State Gazette act
Board meeting · Director reappointment
Permanent representative · General meeting
02-09
State Gazette act
Board meeting · General meeting
Director reappointment · Director appointment
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €167k ▼97.4%
Net result drops to €167k, the lowest in the series.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 45 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
10-01
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2018
18-12
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.
Structure & network
Connections & network
14 connected companiesNetwork connections
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Ownership & control
2 partiesARDENT CASINO BELGIUMBE 0700.811.340
controls
Where this company holds controlthis company sits on their board2
3 locations
1 location
Recognitions · licences · registrations
Legal Entity Identifier
875500ISY9ATIQN0DK56