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 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 14.8 to 8.
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Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PLAY IT from Kortrijk, company number BE0671574550, closed financial year 2025 with a result of € -269,379 after tax. For that financial year PLAY IT recorded a gross margin of € 794,199 and equity of € -518,871. Compared with financial year 2024, the result moved from € -516,988 to € -269,379. 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 June 23, 2026.
€ -518,871
▼ € 269,384 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -269,379
▲ 48 % less loss than in 2024
Profit after tax over the fiscal year.
€ 337,153
▲ 147% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
People and assets in 2025
8
▼ 6.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 554,307
▼ 53% vs 2024
€ 69,300 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.
€ 1,890
▼ 78% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▲ 21% vs 2024
€ 125,570 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 73,002
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 84,387
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 702,485 | € 928,558 | € 1,009,883 | € 794,199 | ▼ 21% |
| Profit after taxes | € 45,530 | € -305,207 | € -516,988 | € -269,379 | ▲ € 247,609 |
| Equity | € 409,945 | € 104,738 | € -249,487 | € -518,871 | ▼ € 269,384 |
| Total debts | € 742,259 | € 2,152,957 | € 2,454,680 | € 2,631,330 | ▲ 7% |
| Cash | € 284,600 | € 370,940 | € 136,383 | € 337,153 | ▲ 147% |
| Retained profit | € -59,299 | € -364,507 | € -881,495 | € -1,150,874 | ▼ € 269,379 |
| Bank debt | € 93,626 | € 1,221,287 | € 1,300,110 | € 1,576,328 | ▲ 21% |
| Balance sheet total | € 1,152,204 | € 2,257,694 | € 2,205,193 | € 2,112,458 | ▼ 4% |
| Employees (FTE) | - | 14.8 | 14.2 | 8 | ▼ 6.2 |
Key figures of PLAY IT, 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 IT?
What happened at PLAY IT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 269,379. Source: NBB ↗
- SILVERBURST CommV became a director. NBB
- AVDD BV became a director. NBB
- KEMANCO CommV became a director. NBB
- TRUSTCAPITAL NV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,530 profit in 2022 to € 269,379 loss in 2025.
Paid € 3,838 in corporate taxes since 2022.
Best year ever: 2022, with € 45,530 profit.
On average € 99,300 of value added per employee in 2025.
A new publication or filing at PLAY IT? We notify you, reason included.
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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 TrustCapital comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PLAY ITBehind PLAY IT are SILVERBURST CommV, AVDD BV, KEMANCO CommV and TRUSTCAPITAL NV. The shares are held by TrustCapital (20.5%).
Directors
According to the 2025 annual accounts
since 2023
Director · represented by VANDENDRIESSCHE ARNE
Also active at: Appel Invest, LEERMIDDEL, Fourcast for Education, Signpost, DM Publishing, SGNPST, SPURS INVEST, Get Driven +2 more
since 2023
Director · represented by KETS BRECHT
since 2023
Director · represented by FAMAEY HILDE
Also active at: Metis Instruments & Equipment
since 2019
Shareholders
20.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nelson Mandelaplein(Kor) 2
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
All companies at this address →Designregio Kortrijk
Expert Group
€ 74,413 gross margin · 2025
Hangar K
€ 413,764 gross margin · 2025
Granstudio Belgium
€ -105,470 gross margin · 2025
BiometrIQ
€ -73,094 gross margin · 2025
+18 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0671.574.550
- VAT number
- BE 0671.574.550
- Registered office
- Nelson Mandelaplein(Kor) 2, 8500 Kortrijk
- Names & denominations
- PLAY IT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 February 2017
- Peppol
- Active · Active since 3 Dec 2025
- Contact
- playit.training
- Activities · NACE
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