Sector · NACE 92

Gambling and betting activities

250 Belgian companies whose main activity falls under NACE code 92 have filed annual accounts. Their median solvency is 57.6% for financial year 2023.

Companies250
Median solvency57.6%
Median equity273,754 €
Median headcount (FTE)4.7
Founded in the last 3 years7

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2023: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 35.3%57.6%77.2% 229
Current ratio 0.961.613.43 223
ROE -3.8%10.7%33.2% 205
Equity 66,170 €273,754 €966,833 € 229
Total assets 139,952 €554,121 €€2.12m 229
Net result −14,106 €19,264 €144,742 € 229
Headcount (avg FTE) 2.14.79.8 141

Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method

Largest companies: Gambling and betting activities

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Loterie Nationale 1040 Etterbeek €865.7m €1.67bn €236.9m 447.3 2025
2 E.C.K. 8300 Knokke-Heist €181.5m €149.7m €143.1m 55.4 2025
3 Napoleon Games 1080 Molenbeek-Saint-Jean €100.8m 906,695 € €42.7m 57.3 2025
4 Chaudfontaine Loisirs 4050 Chaudfontaine €58.0m €109.0m €24.8m 36.4 2025
5 Circus Belgium 4000 Liège €50.6m €45.6m €38.6m 154.9 2025
6 Gambling Management 4000 Liège €37.4m €151.8m €15.9m 215.2 2025
7 Casinos Austria International Belgium 1000 Brussels €33.9m €59.9m €18.1m 208.9 2025
8 Infiniti Casino Oostende 8400 Ostend €28.5m €78.3m €13.1m 93.8 2024
9 Cortex Holding 4000 Liège €24.3m — €20.4m — 2025
10 Sagevas 1050 Ixelles €23.9m €22.2m €18.2m 4.0 2025
11 Derby 1160 Auderghem €20.8m €364.5m −€30.8m 106.0 2025
12 Betcenter Group 3500 Hasselt €19.5m €162.9m €15.4m 123.4 2025
13 Exploitatie Casino Middelkerke 8430 Middelkerke €18.0m €29.2m €7.70m 66.8 2025
14 Rocoluc 1050 Ixelles €16.7m €6.37m €15.9m 1.6 2025
15 Grand Casino de Dinant 5500 Dinant €16.1m €25.5m €8.12m 31.2 2024
16 TK 6730 Tintigny €14.6m — €12.5m 20.1 2025
17 Golden Palace Waterloo 1120 Brussels €12.9m — €6.82m 38.5 2024
18 Immo Circus Wallonie 4000 Liège €12.9m — €6.89m — 2025
19 United Games 9000 Ghent €12.3m — €8.48m 31.7 2025
20 Bufkens Attractions 9120 Beveren-Kruibeke-Zwijndrecht €11.7m — €1.91m 11.5 2025

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

Sub-sectors

Frequently asked questions

How many Gambling and betting activities companies are there in Belgium?

250 Belgian companies whose main activity falls under NACE code 92 (Gambling and betting activities) have filed annual accounts with the National Bank.

What is the median solvency in Gambling and betting activities?

For financial year 2023, median solvency (equity over total assets) is 57.6%. The middle half of companies lies between 35.3% and 77.2% (229 companies).

What is the largest company in Gambling and betting activities?

By total assets, it is Loterie Nationale (€865.7m, financial year 2025).

Where are Gambling and betting activities companies based?

The municipalities with the most: Brussels (16), Aalst (14), Brussels (11).

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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 12 Nov 2026.