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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Shrinking team NBB
FTE fell two years in a row, from 22.9 to 15.3.
Financials
Financial year 2024
UNLOCKED from Olen, company number BE0829501339, closed financial year 2024 with a result of € -1.6 million after tax. For that financial year UNLOCKED recorded a gross margin of € -80,689 and equity of € 150,510. Compared with financial year 2023, the result moved from € -2.3 million to € -1.6 million. The company made a loss. The buffer shrank hard: equity is 92 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 150,510
▼ 92% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.6 million
▲ 28 % less loss than in 2023
Profit after tax over the fiscal year.
€ 128,819
▼ 76% vs 2023
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 2024
15.3
▼ 6.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 924,442
▼ 26% vs 2023
€ 60,400 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.
€ 72,601
▼ 36% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 901,421
▲ 215% vs 2023
€ 5,346 is repaid this year. At this pace the long-term loan is gone in ≈ 131 years.
€ 634,447
▲ 23% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 120,235
▼ 81% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 7,439,148 | € -32,562 | € -80,689 | ▼ € 48,127 |
| Profit after taxes | € 3,927,799 | € -2,269,381 | € -1,628,892 | ▲ € 640,488 |
| Equity | € 4,048,783 | € 1,779,402 | € 150,510 | ▼ 92% |
| Total debts | € 1,923,756 | € 1,459,845 | € 1,855,251 | ▲ 27% |
| Cash | € 2,216,646 | € 541,391 | € 128,819 | ▼ 76% |
| Retained profit | € 2,340,013 | € 70,632 | € -1,558,260 | ▼ € 1.6 million |
| Dividend | € 1,428,571 | € 0 | € 0 | |
| Bank debt | € 472,274 | € 285,746 | € 901,421 | ▲ 215% |
| Balance sheet total | € 5,972,539 | € 3,239,247 | € 2,005,761 | ▼ 38% |
| Employees (FTE) | 22.9 | 21.8 | 15.3 | ▼ 6.5 |
Key figures of UNLOCKED, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to UNLOCKED?
What happened at UNLOCKED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 1.6 million. filed late Source: NBB ↗
- New establishment in Olen. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.9 million profit in 2022 to € 1.6 million loss in 2024.
Paid € 822,501 in corporate taxes since 2022.
Best year ever: 2022, with € 3.9 million profit.
On average € 324,900 of value added per employee in 2022.
A new publication or filing at UNLOCKED? 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
Behind UNLOCKED are Dynamic eSports COMMV, Gamevibes BV, Gary Peeters and Thierry Verhulst. It owns 100% of Unlocked BV itself.
Directors
According to the 2024 annual accounts
Managing director · represented by De GEYTER BIRGER
Also active at: Merchandise.game International, GAMEGEAR, n11s, INSIGHTFUL CONSULTING
Managing director · represented by Leunens STEVEN
Also active at: ES-DISTRIBUTION, Merchandise.game International, GAMEGEAR, INSIGHTFUL CONSULTING, Unlocked Group
Gary Peeters
Managing director
Also active at: Merchandise.game International, GAMEGEAR, INSIGHTFUL CONSULTING, GP Creative
Establishments
Establishment units
Physical locations of this company
Industrielaan 24
2250 Olen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0829.501.339
- VAT number
- BE 0829.501.339
- Registered office
- Industrielaan 24, 2250 Olen
- Names & denominations
- UNLOCKED
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 September 2010
- Peppol
- Active · Active since 25 Nov 2024
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