Warning lights
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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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 87.6 to 57.3.
Financials
Financial year 2025
NAPOLEON GAMES from Sint-Jans-Molenbeek, company number BE0424851684, closed financial year 2025 with a result of € 2.6 million after tax. For that financial year NAPOLEON GAMES recorded revenue of € 906,695 and equity of € 42.7 million. Compared with financial year 2024, the result moved from € -11.5 million to € 2.6 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 June 11, 2026.
€ 42.7 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.6 million
▲ still € 11.5 million loss in 2024
Profit after tax over the fiscal year.
€ 17.7 million
▲ 60% 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 € 790,725.
People and assets in 2025
57.3
▼ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.5 million
▼ 81% vs 2024
€ 60,800 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.
€ 172,856
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 0
Loans from banks and other lenders, long and short.
€ 18.6 million
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 405 days on average.
€ 10.8 million
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 39,976,730 | € 34,642,020 | € 25,409,244 | € 906,695 | ▼ 96% |
| Profit after taxes | € 2,160,866 | € -17,053,085 | € -11,462,791 | € 2,565,438 | ▲ € 14 million |
| Equity | € 66,771,790 | € 49,718,705 | € 38,255,914 | € 42,721,352 | ▲ 12% |
| Total debts | € 50,240,157 | € 51,392,770 | € 62,550,083 | € 57,710,953 | ▼ 8% |
| Cash | € 11,283,289 | € 11,592,709 | € 11,044,356 | € 17,661,135 | ▲ 60% |
| Retained profit | € 26,741,163 | € 9,688,077 | € -1,774,713 | € 790,725 | ▲ € 2.6 million |
| Bank debt | € 34,868,092 | € 27,788 | € 0 | € 0 | |
| Balance sheet total | € 117,311,947 | € 103,405,986 | € 100,834,157 | € 100,820,081 | |
| Employees (FTE) | 93.3 | 87.6 | 60 | 57.3 | ▼ 2.7 |
Key figures of NAPOLEON GAMES, 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 NAPOLEON GAMES?
What happened at NAPOLEON GAMES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Zion Management BV stepped down as director. NBB
- Pivanto BV stepped down as director. NBB
- Odds & Overlay BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.6 million. Source: NBB ↗
- Zion Management BV became a director. NBB
- Eamonn O'Loughlin stepped down as director. NBB
- Pivanto BV became a director. NBB
- Eamonn O'Loughlin became a director. NBB
In short
From € 2.2 million profit in 2022 to € 2.6 million profit in 2025.
Paid € 44,030 in corporate taxes since 2022.
Best year ever: 2025, with € 2.6 million profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Napoleon Games Sports (100%). It owns 100% of Games - Nazareth, 100% of Gerardo, 100% of Games-Lichtervelde, 100% of Lagaut, 100% of Capitole and 100% of Ostend Games itself.
Directors
According to the 2025 annual accounts
Director · represented by Philippe Joos
Also active at: E.C.K., E.T.C. EUROPA TECHNICS & Cie, OLYMPIAN GAMES, LAGAUT, SNOOK, DE CEUSTER CONTINENTAL, LUNATIM, SPEELHAL.NET +22 more
since 2024 · until 2030
Director · represented by Ziggy Pruvoost
since 2025 · until 2031
Eamonn O'Loughlin
Director
Also active at: E.C.K., E.T.C. EUROPA TECHNICS & Cie, 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.C.K., E.T.C. EUROPA TECHNICS & Cie, OLYMPIAN GAMES, LAGAUT, SNOOK, DE CEUSTER CONTINENTAL, LUNATIM, SPEELHAL.NET +22 more
since 2016 · until 2028
Shareholders
Participations
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
99.5%
50%
Establishments
Establishment units
Physical locations of this company
Gentsesteenweg 505
1080 Sint-Jans-Molenbeek
Weg naar As 95
3600 Genk
Active since 7 January 2009
Korte Keppestraat 23 box 6
9320 Aalst
Active since 30 March 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.851.684
- VAT number
- BE 0424.851.684
- Registered office
- Gentsesteenweg 505, 1080 Sint-Jans-Molenbeek
- Names & denominations
- NAPOLEON GAMES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 1983
- Peppol
- Active · Active since 15 Jun 2021
- Activities · NACE
Activiteiten van loterijen en kansspelen
Fastfoodzaken, snackbars, frituren en dergelijke
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Exploitatie van recreatiedomeinen
Exploitatie van recreatieparken, lunaparken en dergelijke
Eetgelegenheden met beperkte bediening