Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
ANGLE GAMING LABS from Bornem, company number BE0472306658, closed financial year 2025 with a result of € -222,680 after tax. For that financial year ANGLE GAMING LABS recorded a gross margin of € 990,764 and equity of € -1.5 million. Compared with financial year 2024, the result moved from € 128,064 to € -222,680. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -1.5 million
▼ € 222,680 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -222,680
▼ still € 128,064 profit in 2024
Profit after tax over the fiscal year.
€ 3,909
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.6 million.
People and assets in 2025
10.9
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 33% vs 2024
€ 103,400 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.
€ 17,710
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4,588
▼ 74% vs 2024
Loans from banks and other lenders, long and short.
€ 155,075
▲ € 124,622 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 210,464
▲ 123% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,024,000 | € 1,006,454 | € 1,048,692 | € 990,764 | ▼ 6% |
| Profit after taxes | € 52,490 | € -51,142 | € 128,064 | € -222,680 | ▼ € 350,745 |
| Equity | € -1,391,924 | € -1,443,067 | € -1,315,003 | € -1,537,683 | ▼ € 222,680 |
| Total debts | € 5,568,474 | € 6,367,421 | € 1,998,413 | € 2,797,296 | ▲ 40% |
| Cash | € 15,905 | € 34,495 | € 28,088 | € 3,909 | ▼ 86% |
| Retained profit | € -1,453,898 | € -1,505,040 | € -1,376,976 | € -1,599,656 | ▼ € 222,680 |
| Bank debt | € 45,521 | € 31,314 | € 17,740 | € 4,588 | ▼ 74% |
| Balance sheet total | € 4,176,550 | € 4,924,354 | € 683,410 | € 1,259,613 | ▲ 84% |
| Employees (FTE) | 9.3 | 9.2 | 10.2 | 10.9 | ▲ 0.7 |
Key figures of ANGLE GAMING LABS, 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 ANGLE GAMING LABS?
What happened at ANGLE GAMING LABS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 222,680 (▼ € 350,745 vs 2024). filed late Source: NBB ↗
- Ludo Magnus became a director. NBB
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,490 profit in 2022 to € 222,680 loss in 2025.
Paid € 2,471 in corporate taxes since 2022.
Best year ever: 2024, with € 128,064 profit.
On average € 90,900 of value added per employee in 2025.
Management
Behind ANGLE GAMING LABS is Ludo Magnus. Ludo Magnus is also behind TRUE ODDS, MALKA IMMO and LUCID LIGHTS.
Directors
According to the 2025 annual accounts
since 2012
Establishments
Establishment units
Physical locations of this company
Industrieweg(BOR) 3 box 1V
2880 Bornem
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 →Beherman Invest
AUTOMOTIVE SYSTEMS
€ 1.9 million gross margin · 2025
BEHERMAN MOTORS
€ 21.1 million revenue · 2025
ONE16
€ 756,632 gross margin · 2025
AUTOMOTIVE SYSTEMS HOLDING
€ -340 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
- 0472.306.658
- VAT number
- BE 0472.306.658
- Registered office
- Industrieweg(BOR) 3 bus 1V, 2880 Bornem
- Names & denominations
- ANGLE GAMING LABS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 2000
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Ontwerpen van computerprogramma’s
Overige advisering in verband met programmatuur en levering van programmatuur
Ontwerpen en programmeren van computerprogramma's