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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
E.C.K. from Knokke-Heist, company number BE0406949939, closed financial year 2025 with a result of € 45.4 million after tax. For that financial year E.C.K. recorded revenue of € 149.7 million and equity of € 143.1 million. Compared with financial year 2024, the result moved from € 32 million to € 45.4 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 28, 2026.
€ 143.1 million
▲ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 45.4 million
▲ 42% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 142.1 million.
People and assets in 2025
55.4
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.7 million
▼ 24% vs 2024
€ 65,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 164,702
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 13.1 million
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 143 days on average.
€ 20.4 million
▲ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 66,436,533 | € 87,805,204 | € 119,311,352 | € 149,716,233 | ▲ 25% |
| Profit after taxes | € 10,466,011 | € 16,516,923 | € 31,988,263 | € 45,351,255 | ▲ 42% |
| Equity | € 49,278,972 | € 65,795,895 | € 97,784,158 | € 143,135,413 | ▲ 46% |
| Total debts | € 16,093,047 | € 25,210,597 | € 33,085,487 | € 38,198,793 | ▲ 15% |
| Cash | € 728,370 | € 788,665 | € 1,012,494 | € 1,270,586 | ▲ 25% |
| Retained profit | € 48,228,810 | € 64,745,733 | € 96,733,996 | € 142,085,251 | ▲ 47% |
| Balance sheet total | € 65,372,019 | € 91,006,492 | € 131,082,805 | € 181,544,556 | ▲ 38% |
| Employees (FTE) | 78 | 58.1 | 56.5 | 55.4 | ▼ 1.1 |
Key figures of E.C.K., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to E.C.K.?
What happened at E.C.K. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pivanto BV stepped down as director. NBB
- Odds & Overlay BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 45.4 million (▲ 42% vs 2024). Source: NBB ↗
- Eamonn O'Loughlin stepped down as director. NBB
- Pivanto BV became a director. NBB
- Eamonn O'Loughlin became a director. NBB
- Odds & Overlay BV became a director. NBB
- New establishment in Knokke-Heist. KBO
In short
From € 10.5 million profit in 2022 to € 45.4 million profit in 2025.
Paid € 48.7 million in corporate taxes since 2022.
Best year ever: 2025, with € 45.4 million profit.
Pays suppliers within 143 days on average.
Management
The shares are held by Napoleon Games NV (99.5%) and NGG NV (0.5%). It owns 50% of N E.C.K. and 50% of M E.C.K. itself.
Directors
According to the 2025 annual accounts
Director · represented by Philippe Joos
Also active at: E.T.C. EUROPA TECHNICS & Cie, NAPOLEON GAMES, OLYMPIAN GAMES, LAGAUT, SNOOK, DE CEUSTER CONTINENTAL, LUNATIM, SPEELHAL.NET +22 more
since 2024 · until 2030
Eamonn O'Loughlin
Director
Also active at: E.T.C. EUROPA TECHNICS & Cie, NAPOLEON GAMES, OLYMPIAN GAMES, LAGAUT, SNOOK, DE CEUSTER CONTINENTAL, LUNATIM, FUTURE GAMES +17 more
since 2022 · until 2025
Managing director · represented by Tom De Clercq
Also active at: E.T.C. EUROPA TECHNICS & Cie, NAPOLEON GAMES, OLYMPIAN GAMES, LAGAUT, SNOOK, DE CEUSTER CONTINENTAL, LUNATIM, SPEELHAL.NET +22 more
since 2022 · until 2028
Shareholders
99.5%
0.5%
Establishments
Establishment units
Physical locations of this company
Zeedijk-Albertstrand 509
8300 Knokke-Heist
Zeedijk-Knokke 509
8300 Knokke-Heist
Active since 10 December 1969
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
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Website info
Features
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Details
- Company number
- 0406.949.939
- VAT number
- BE 0406.949.939
- Registered office
- Zeedijk-Albertstrand 509, 8300 Knokke-Heist
- Names & denominations
- E.C.K.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 1969
- Peppol
- Active · Active since 1 Aug 2021
- Contact
- grandcasinoknokke.be
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