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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Shrinking team NBB
FTE fell two years in a row, from 5.2 to 3.5.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PADELWORLD from Brugge, company number BE0761625984, closed financial year 2025 with a result of € -278,896 after tax. For that financial year PADELWORLD recorded revenue of € 30,700 and equity of € 12.5 million. Compared with financial year 2024, the result moved from € 767,439 to € -278,896. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 12.5 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -278,896
▼ still € 767,439 profit in 2024
Profit after tax over the fiscal year.
€ 39,954
▼ 41% 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
3.5
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 196,059
▼ 20% vs 2024
€ 56,000 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.
€ 5,778
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.8 million
▼ 11% vs 2024
€ 926,897 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 124,973
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 41 days on average.
€ 28,087
▼ 92% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 30,700 | |
| Gross margin | € -250,854 | € 57,645 | € 1,676,818 | - | |
| Profit after taxes | € -851,827 | € -649,288 | € 767,439 | € -278,896 | ▼ € 1 million |
| Equity | € 6,479,045 | € 5,829,757 | € 12,792,270 | € 12,513,374 | ▼ 2% |
| Total debts | € 9,149,275 | € 15,019,994 | € 11,530,515 | € 10,372,361 | ▼ 10% |
| Cash | € 264,492 | € 59,277 | € 67,594 | € 39,954 | ▼ 41% |
| Land & buildings | € 2,176,119 | € 2,002,604 | € 1,810,698 | € 1,810,698 | |
| Retained profit | € -995,955 | € -1,645,243 | € -877,805 | € -1,156,701 | ▼ € 278,896 |
| Bank debt | € 7,676,590 | € 13,575,470 | € 7,680,000 | € 6,838,276 | ▼ 11% |
| Balance sheet total | € 15,628,320 | € 20,849,751 | € 24,322,786 | € 22,885,735 | ▼ 6% |
| Employees (FTE) | 3.8 | 5.2 | 4.8 | 3.5 | ▼ 1.3 |
Key figures of PADELWORLD, 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 PADELWORLD?
What happened at PADELWORLD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 278,896 (▼ € 1 million vs 2024). Source: NBB ↗
- QUILAUDEM BV became a director. NBB
- Bever Consulting BV stepped down as director. NBB
- Calisco BV became a director. NBB
- Rio Management BV stepped down as director. NBB
- Bever Consulting BV became a director. NBB
- Juleste Consulting BV became a director. NBB
- De Sutter Tom CommV became a director. NBB
In short
From € 851,827 loss in 2022 to € 278,896 loss in 2025.
Paid € 2,898 in corporate taxes since 2022.
Best year ever: 2024, with € 767,439 profit.
On average € 349,300 of value added per employee in 2024.
Management
The stake of ALYCHLO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PADELWORLDBehind PADELWORLD are Juleste Consulting BV, QUILAUDEM BV, Calisco BV, De Sutter Tom CommV, Van Holm Mattias CommV and 3M HOLDING BV. The shares are held by ALYCHLO (54%). It owns 100% of Arenal NL, 100% of Ledap BV, 100% of Stoetel BV, 100% of Duma Sports BV and 63.8% of Arenal Immo Holding itself.
Directors
According to the 2025 annual accounts
Director · represented by Nathalie Baert
Also active at: ENSO HOSPITALITY, Immobilière de la Ferme Au Chêne, ARE², Oostende Stadion, LPM Holding, CHEVAL BLANC PRODUCTIONS, SnowWorld International, Désirée Durbuy +7 more
since 2022
Director · represented by Nathalie Van Den Haute
Also active at: PAIRI DAIZA, Ekopak, LEDAP, LIZY Belgium, STOETEL, DUMA SPORTS, Comate Holding, Comate Ventures +4 more
since 2026
Director · represented by Carl Bamelis
Also active at: RIANT SEJOUR, Oostende Stadion, ARE³ Development, xelsia capital, The Hotel Hunters
since 2025
since 2022
Managing director · represented by Mattias Van Holm
Also active at: TOMASPOR, Arenal Immo Holding
since 2022
since 2022
Director · represented by Els Degroote
Also active at: Smartphoto group, WEDIM, ENSO HOSPITALITY, LEDAP, AS2, miDiagnostics, Triginta, ATCARS +11 more
since 2023 · until 2026
Director · represented by Anthony Piette
Also active at: RIANT SEJOUR, LE SANGLIER DES ARDENNES, Immo Sanglier des Ardennes, FM-A INVEST, LA RESERVE INVEST, LEDAP, ARE³, STOETEL +11 more
since 2022 · until 2025
Shareholders
54%
Participations
Establishments
Establishment units
Physical locations of this company
Pierre Debbautstraat 6
8200 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →LEDAP same network
€ 1.5 million gross margin · 2025
Peaklevel
€ 6,266 gross margin · 2025
Ledap VAT
STOETEL same network
€ 852,081 gross margin · 2025
KOKORO BUSINESS
€ -13,984 gross margin · 2025
+5 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
- 0761.625.984
- VAT number
- BE 0761.625.984
- Registered office
- Pierre Debbautstraat 6, 8200 Brugge
- Names & denominations
- PADELWORLD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 2021
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van holdings
Exploitatie van sportaccommodaties
Holdings
Overige zakelijke dienstverlening, neg