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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PLAY-OFF from Kraainem, company number BE0647613966, closed financial year 2025 with a result of € 2,277 after tax. For that financial year PLAY-OFF recorded a gross margin of € 7,058 and equity of € -1,646. Compared with financial year 2024, the result moved from € 9,730 to € 2,277. The company is profitable. 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 June 16, 2026.
€ -1,646
▲ € 2,277 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,277
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 381
▲ 83% 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 € -14,046.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,386
▼ 2% 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.
€ 12,198
▲ 283% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,683
▲ 113% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 42,276 | € 10,964 | € 15,780 | € 7,058 | ▼ 55% |
| Profit after taxes | € 32,503 | € 1,553 | € 9,730 | € 2,277 | ▼ 77% |
| Equity | € -15,207 | € -13,653 | € -3,923 | € -1,646 | ▲ € 2,277 |
| Total debts | € 50,852 | € 44,469 | € 33,955 | € 36,034 | ▲ 6% |
| Cash | € 10,621 | € 8,344 | € 208 | € 381 | ▲ 83% |
| Retained profit | € -27,607 | € -26,053 | € -16,323 | € -14,046 | ▲ € 2,277 |
| Bank debt | € 0 | € 0 | € 111 | € 0 | ▼ 100% |
| Balance sheet total | € 35,646 | € 30,815 | € 30,032 | € 34,388 | ▲ 15% |
Key figures of PLAY-OFF, 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 PLAY-OFF?
What happened at PLAY-OFF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,277 (▼ 77% vs 2024). Source: NBB ↗
- New establishment in Kraainem. KBO
- Start of the company according to the CBE. KBO
- Francis Grandjean became a director. NBB
In short
From € 32,503 profit in 2022 to € 2,277 profit in 2025.
Paid € 11,471 in corporate taxes since 2022.
Best year ever: 2022, with € 32,503 profit.
Management
Behind PLAY-OFF is Francis Grandjean. Francis Grandjean is also behind BRINIS.
Directors
According to the 2025 annual accounts
since 2016
Establishments
Establishment units
Physical locations of this company
Koningin Astridlaan 459
1950 Kraainem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0647.613.966
- VAT number
- BE 0647.613.966
- Registered office
- Koningin Astridlaan 459, 1950 Kraainem
- Names & denominations
- PLAY-OFF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 2016
- Peppol
- Active · Active since 30 Oct 2025
- Activities · NACE
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