Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 6.4 to 2.5.
Financials
Financial year 2025
CLUB ENTERTAINMENT from Hasselt, company number BE0508608117, closed financial year 2025 with a result of € -1.6 million after tax. For that financial year CLUB ENTERTAINMENT recorded a gross margin of € -571,170 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € -630,424 to € -1.6 million. The company made a loss. The buffer shrank hard: equity is 53 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 20, 2025.
€ 1.4 million
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.6 million
▼ 146 % more loss than in 2024
Profit after tax over the fiscal year.
€ 20,413
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.6 million.
People and assets in 2025
2.5
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 154,250
▼ 57% vs 2024
€ 61,700 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.
€ 221,965
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▲ 15% vs 2024
Loans from banks and other lenders, long and short.
€ 2.8 million
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 186,603
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 297,311 | € 1,059,876 | € 412,382 | € -571,170 | ▼ € 983,553 |
| Profit after taxes | € -234,157 | € 162,518 | € -630,424 | € -1,553,371 | ▼ € 922,947 |
| Equity | € -574,733 | € -412,214 | € 2,937,013 | € 1,383,643 | ▼ 53% |
| Total debts | € 4,433,150 | € 4,694,645 | € 5,383,954 | € 5,841,140 | ▲ 8% |
| Cash | € 429,605 | € 234,178 | € 177,778 | € 20,413 | ▼ 89% |
| Land & buildings | € 1,824,893 | € 1,847,777 | € 5,713,565 | € 5,436,343 | ▼ 5% |
| Retained profit | € -593,333 | € -430,814 | € -1,060,804 | € -2,614,174 | ▼ € 1.6 million |
| Bank debt | € 2,075,000 | € 1,660,000 | € 1,245,000 | € 1,432,959 | ▲ 15% |
| Balance sheet total | € 3,858,417 | € 4,282,431 | € 8,320,967 | € 7,224,783 | ▼ 13% |
| Employees (FTE) | - | 6.4 | 4.9 | 2.5 | ▼ 2.4 |
Key figures of CLUB ENTERTAINMENT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to CLUB ENTERTAINMENT?
What happened at CLUB ENTERTAINMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.6 million. Source: NBB ↗
- New establishment in Hasselt. KBO
- World Wide Management BVBA became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 234,157 loss in 2022 to € 1.6 million loss in 2025.
Paid € 3,519 in corporate taxes since 2022.
Best year ever: 2023, with € 162,518 profit.
On average € 84,200 of value added per employee in 2024.
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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 stake of Be-At Venues comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CLUB ENTERTAINMENTBehind CLUB ENTERTAINMENT is World Wide Management BVBA. The shares are held by Be-At Venues (33.3%). It owns 100% of Resto Versuz itself.
Directors
According to the 2025 annual accounts
Manager · represented by Jean Yves Smolders
since 2012
Shareholders
33.3%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Gouverneur Verwilghensingel 70
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0508.608.117
- VAT number
- BE 0508.608.117
- Registered office
- Gouverneur Verwilghensingel 70, 3500 Hasselt
- Names & denominations
- CLUB ENTERTAINMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 2012
- Peppol
- Active · Active since 23 May 2025
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