ACTIVE

FREE TIME

Financial year 2024 · closed on 31/12/2024
Net result
418,4 k €
+556.8% YoY
Revenue
730,4 k €
+366.6% YoY
Equity
427,3 k €
+3984.7% YoY

What does FREE TIME do?

FREE TIME is a Private limited company incorporated in 1986. Its main activity is: Wholesale of machine tools. Its registered office is in Watermael-Boitsfort.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0428.614.393
Incorporation
28/02/1986
Legal form
Private limited company
Registered office
Avenue du Col-Vert 5
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
18 592,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202420222021202020182017201620152014201220112010200920082007
Income statement
Revenue730,4 k €156,6 k €60,8 k €65,1 k €
EBITDA607,4 k €113,3 k €17,7 k €44,3 k €11,7 k €33,9 k €60,9 k €-40,4 k €55,5 k €16,5 k €404,1 k €122,4 k €53,4 k €62,5 k €49,8 k €
Operating result457,4 k €80,3 k €-15,9 k €12,6 k €-27,8 k €-10,5 k €17,4 k €-83,6 k €-2,6 k €-48,4 k €342,5 k €52,3 k €-15,6 k €1,2 k €38,2 k €
Net result418,4 k €63,7 k €-33,5 k €-6,4 k €-45,9 k €-29,6 k €-3,5 k €41,2 k €-39 k €-97,4 k €272,4 k €3,2 k €-67,2 k €-11,8 k €22,4 k €
Balance sheet
Equity427,3 k €-11 k €-74,7 k €-41,2 k €339 €46,2 k €75,9 k €79,4 k €38,2 k €128,8 k €226,2 k €-46,2 k €-49,4 k €17,8 k €29,6 k €
Total assets587,6 k €950,1 k €954,6 k €977,4 k €943,2 k €993,9 k €1 M €1,1 M €1,1 M €1,2 M €1,3 M €1,5 M €1,5 M €1,6 M €301,5 k €
Cash25,4 k €12,7 k €5,6 k €6,5 k €5 k €9,1 k €18,8 k €13,1 k €11,3 k €4,3 k €81,3 k €4,8 k €4,5 k €3,8 k €765 €
Debts10,2 k €961,1 k €1 M €1 M €942,9 k €947,7 k €951,9 k €976,3 k €832,4 k €858 k €915,6 k €1,5 M €1,6 M €1,6 M €263,3 k €
Other
Workforce1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 1 ended

Active mandates

Catherine DHOOGE

Manager · since 01 janvier 2013

Active
Philippe HOUSIAUX

Manager · since 14 décembre 2012

Active

Ended mandates

Philippe HOUSIAUX

Manager

Ended
At this address

Other companies at this address

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BE ON WEBBankrupt
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CANOASActive
0881.067.727
0403.259.880
CHARLES DUYVERActive
0432.461.533
DIALOGICActive
0429.678.227
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Space for CareActive
1038.713.414
Annual accounts

Full financial information

202420222021202020182017
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/07/202301/07/202101/07/202001/07/201901/07/201701/07/2016
Closing of the financial year31/12/202430/06/202230/06/202130/06/202030/06/201830/06/2017
Length of the financial year18 months12 months12 months12 months12 months12 months
Filing date11/09/202527/12/202227/01/202226/02/202130/01/201930/04/2018
General meeting17/06/202521/12/202227/12/202127/12/202020/09/201810/01/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202417/06/202511/09/2025FrenchPDF
Abridged model30/06/202221/12/202227/12/2022EnglishPDF
Micro model30/06/202127/12/202127/01/2022FrenchPDF
Micro model30/06/202027/12/202026/02/2021FrenchPDF
Micro model30/06/201820/09/201830/01/2019FrenchPDF
Abridged model30/06/201710/01/201830/04/2018FrenchPDF
Abridged model30/06/201605/01/201723/02/2017FrenchPDF
Abridged model30/06/201506/01/201631/01/2016FrenchPDF
Abridged model30/06/201426/12/201427/01/2015FrenchPDF
Abridged model30/06/201227/12/201226/02/2013FrenchPDF
Abridged model30/06/201126/12/201128/02/2012FrenchPDF
Abridged model30/06/201028/12/201025/02/2011FrenchPDF
Abridged model30/06/200928/12/200922/02/2010FrenchPDF
Abridged modelCorrection30/06/200827/12/200809/09/2009FrenchPDF
Abridged model30/06/200827/12/200825/02/2009FrenchPDF
Abridged modelCorrection30/06/200727/12/200704/09/2009FrenchPDF
Abridged model30/06/200727/12/200727/02/2008FrenchPDF
Abridged model30/06/200628/12/200622/02/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 1 ended

Active mandates

Catherine DHOOGE

Manager · since 01 janvier 2013

Active
Philippe HOUSIAUX

Manager · since 14 décembre 2012

Active

Ended mandates

Philippe HOUSIAUX

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office30/10/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Other01/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates08/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/12/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/12/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office03/12/2008
    SIEGE SOCIAL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024418,4 k €
  2. 2022
    Annual accounts 202263,7 k €
  3. 2021
    Annual accounts 2021-33,5 k €
  4. 2020
    Annual accounts 2020-6,4 k €
  5. 2018
    Annual accounts 2018-45,9 k €
  6. 2017
    Annual accounts 2017-29,6 k €
  7. 2016
    Annual accounts 2016-3,5 k €
  8. 2015
    Annual accounts 201541,2 k €
  9. 2014
    Annual accounts 2014-39 k €
  10. 2012
    Annual accounts 2012-97,4 k €
  11. 2011
    Annual accounts 2011272,4 k €
  12. 2010
    Annual accounts 20103,2 k €
  13. 2009
    Annual accounts 2009-67,2 k €
  14. 2008
    Annual accounts 2008-11,8 k €
  15. 2007
    Annual accounts 200722,4 k €
  16. 28/02/1986
    IncorporationPrivate limited company