Financials
Financial year 2025
LA VAM from La Louvière, company number BE0438372001, closed financial year 2025 with a result of € 64,208 after tax. For that financial year LA VAM recorded a gross margin of € 395,972 and equity of € 682,812. Compared with financial year 2024, the result moved from € 124,939 to € 64,208. The company is profitable. 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 July 1, 2026.
€ 682,812
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,208
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 563,131
▲ 58% 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 € -1.1 million.
People and assets in 2025
2.3
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 146,900
▲ 16% vs 2024
€ 63,900 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.
€ 7,539
▼ 32% 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.
€ 125,182
▲ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,045
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 271,157 | € 204,036 | € 429,333 | € 395,972 | ▼ 8% |
| Profit after taxes | € 117,306 | € 12,538 | € 124,939 | € 64,208 | ▼ 49% |
| Equity | € 481,127 | € 493,665 | € 618,604 | € 682,812 | ▲ 10% |
| Total debts | € 275,064 | € 297,380 | € 390,328 | € 314,812 | ▼ 19% |
| Cash | € 209,051 | € 197,183 | € 355,905 | € 563,131 | ▲ 58% |
| Retained profit | € -1,319,043 | € -1,306,505 | € -1,181,566 | € -1,117,358 | ▲ € 64,208 |
| Bank debt | € 0 | € 0 | € 11,315 | € 0 | ▼ 100% |
| Balance sheet total | € 756,191 | € 791,045 | € 1,008,933 | € 997,624 | ▼ 1% |
| Employees (FTE) | 2 | 2 | 2 | 2.3 | ▲ 0.3 |
Key figures of LA VAM, 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 LA VAM?
What happened at LA VAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 64,208 (▼ 49% vs 2024). Source: NBB ↗
- New establishment in Quévy. KBO
- New establishment in La Louvière. KBO
- Start of the company according to the CBE. KBO
In short
From € 117,306 profit in 2022 to € 64,208 profit in 2025.
Paid € 1 in corporate taxes since 2022.
Best year ever: 2024, with € 124,939 profit.
On average € 172,200 of value added per employee in 2025.
Management
The stake of World Family Games comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LA VAMBehind LA VAM are Anastase Tatsis and André Glotz. The shares are held by World Family Games (100%).
Directors
According to the 2025 annual accounts
Anastase Tatsis
Managing director
André Glotz
Managing director
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée de Mons(S-V) 544
7100 La Louvière
Chaussée de Mons(PAU) 544
7100 La Louvière
Active since 20 September 1989
Rue Emile Wauquier(ASQ) 57
7040 Quévy
Active since 23 January 2001
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Etablissements André Glotz
€ 2.3 million gross margin · 2025
ANDAVA
€ 786,806 gross margin · 2025
PLAYWORLD
€ 377,617 gross margin · 2025
World Family Games same network
€ 2.7 million gross margin · 2025
FAMILY CENTER AIRPORT
€ 133,963 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.372.001
- VAT number
- BE 0438.372.001
- Registered office
- Chaussée de Mons(S-V) 544, 7100 La Louvière
- Names & denominations
- LA VAM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 August 1989
- Peppol
- Active · Active since 21 Oct 2025
- Activities · NACE
Activiteiten van loterijen en kansspelen
Loterijen en kansspelen
Cafés en bars
Cafés