ACTIVE

Fun2play

Financial year 2024 · closed on 31/12/2024
Net result
69,7 k €
-55.8% YoY
Gross margin
176,1 k €
-35.5% YoY
Equity
439,8 k €
+18.8% YoY

What does Fun2play do?

Fun2play is a Public limited company incorporated in 1991. Its main activity is: Gambling and betting activities. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0446.241.273
Incorporation
26/12/1991
Legal form
Public limited company
Registered office
Avenue des Croix de Guerre 120
1120 Bruxelles · BruxellesSee on map
Contributed capital
1 785 911,38 €
Latest accounts
31/12/2024
Joint committees (1)
  • 302
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220212020201920172016201520142013201220102009200820072006
Income statement
Gross margin176,1 k €273 k €223,3 k €-81,6 k €-7,1 k €-19,5 k €101,4 k €39,8 k €107,3 k €
EBITDA161,9 k €256,3 k €207,1 k €-149,8 k €-127,7 k €-192,9 k €-182,4 k €-150,8 k €-76,7 k €-151,4 k €-133 k €-31,1 k €-7,9 k €-89,2 k €-7,9 k €-109,4 k €-23,9 k €
Operating result77,4 k €171,1 k €123,9 k €-172,8 k €-142,5 k €-200,9 k €-187,4 k €-178,4 k €-112,6 k €-182,1 k €-163,8 k €-55,9 k €-19,7 k €-99,7 k €-20,4 k €-121,8 k €-40,7 k €
Net result69,7 k €157,7 k €95,9 k €-183,3 k €-148,4 k €-210,6 k €-187,3 k €-178,6 k €-117,8 k €-200,7 k €-167 k €-55,9 k €-16,3 k €-71,5 k €-9,8 k €-109,7 k €-26,8 k €
Balance sheet
Equity439,8 k €370,2 k €212,5 k €-283,4 k €-100 k €-81,7 k €-220,4 k €-33,1 k €-84,6 k €-355,5 k €-154,8 k €12,2 k €2 M €2 M €2,1 M €2,1 M €2,2 M €
Total assets690,3 k €787,2 k €851,1 k €681,6 k €218,5 k €247,9 k €192,8 k €202,8 k €202,5 k €304,5 k €329,3 k €380,7 k €2 M €2,1 M €2,2 M €2,2 M €2,4 M €
Cash39,8 k €10,6 k €43,5 k €2,1 k €39,6 k €52,3 k €34,5 k €21,4 k €8,3 k €48 k €65,9 k €106,7 k €18,8 k €25,5 k €62,2 k €68,1 k €40,5 k €
Debts250,5 k €417 k €638,6 k €965 k €314,8 k €324,6 k €410,6 k €228 k €279,5 k €586,6 k €452 k €359,6 k €13,5 k €108,3 k €63,2 k €65,5 k €203,4 k €
Other
Workforce3,9 ETP5,5 ETP2,0 ETP2,4 ETP2,3 ETP2,5 ETP3,9 ETP2,6 ETP1,9 ETP1,5 ETP3,3 ETP2,9 ETP4,0 ETP4,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 27 ended

Active mandates

GPFI

Director · since 13 décembre 2024 · 0841.832.811

Represented by Massimo Menegalli

Active
LEONARDO

Director · since 11 février 2019 · until 13 décembre 2024 · 0893.141.653

Represented by IGNACE VAN WEYENBERGH

Active
MASSIMO MENEGALLI

Managing director · since 11 février 2019 · until 13 décembre 2024

Active

Ended mandates

LEONARDO

Director · since 11 février 2019 · until 10 février 2025 · 0893.141.653

Represented by Ignace Van Weyenbergh

Ended
LEONARDO

Director · since 11 février 2019 · until 10 février 2025 · 0893.141.653

Represented by Ignace Van Weyenbergh

Ended
LEONARDO

Director · since 11 février 2019 · until 10 février 2025 · 0893.141.653

Represented by IGNACE VAN WEYENBERGH

Ended
Massimo Menegalli

Managing director · since 11 février 2019 · until 10 février 2025

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202521/05/202411/05/202301/06/202230/12/202128/09/2020
General meeting14/06/202508/05/202410/05/202311/05/202217/12/202116/09/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202414/06/202530/06/2025FrenchPDF
Abridged model31/12/202308/05/202421/05/2024FrenchPDF
Abridged model31/12/202210/05/202311/05/2023FrenchPDF
Abridged model31/12/202111/05/202201/06/2022FrenchPDF
Abridged model31/12/202017/12/202130/12/2021FrenchPDF
Abridged model31/12/201916/09/202028/09/2020FrenchPDF
Full model31/12/201808/05/201923/07/2019DutchPDF
Full model31/12/201709/05/201814/06/2018DutchPDF
Full model31/12/201630/06/201728/07/2017DutchPDF
Full model31/12/201530/06/201623/08/2016DutchPDF
Abridged model31/10/201427/03/201527/04/2015DutchPDF
Abridged model31/10/201311/04/201409/05/2014DutchPDF
Abridged model31/10/201229/03/201330/04/2013DutchPDF
Abridged model31/10/201130/03/201206/06/2012DutchPDF
Full model31/10/201029/04/201130/05/2011DutchPDF
Full model31/10/200927/04/201017/05/2010DutchPDF
Full model31/10/200827/03/200930/06/2009DutchPDF
Full model31/10/200728/03/200801/07/2008DutchPDF
Full model31/10/200630/03/200707/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 active · 27 ended

Active mandates

GPFI

Director · since 13 décembre 2024 · 0841.832.811

Represented by Massimo Menegalli

Active
LEONARDO

Director · since 11 février 2019 · until 13 décembre 2024 · 0893.141.653

Represented by IGNACE VAN WEYENBERGH

Active
MASSIMO MENEGALLI

Managing director · since 11 février 2019 · until 13 décembre 2024

Active

Ended mandates

LEONARDO

Director · since 11 février 2019 · until 10 février 2025 · 0893.141.653

Represented by Ignace Van Weyenbergh

Ended
LEONARDO

Director · since 11 février 2019 · until 10 février 2025 · 0893.141.653

Represented by Ignace Van Weyenbergh

Ended
LEONARDO

Director · since 11 février 2019 · until 10 février 2025 · 0893.141.653

Represented by IGNACE VAN WEYENBERGH

Ended
Massimo Menegalli

Managing director · since 11 février 2019 · until 10 février 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other17/01/2025
    OBJET - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates19/03/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring17/08/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates16/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/07/2018
    DIVERSEN
    PDF
  • Capital / shares29/05/2018
    KAPITAAL - AANDELEN
    PDF
  • Restructuring15/05/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates29/01/2018
    ONTSLAGEN - BENOEMINGEN
    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 202469,7 k €
  2. 2023
    Annual accounts 2023157,7 k €
  3. 2022
    Annual accounts 202295,9 k €
  4. 2021
    Annual accounts 2021-183,3 k €
  5. 2020
    Annual accounts 2020-148,4 k €
  6. 2019
    Annual accounts 2019-210,6 k €
  7. 2017
    Annual accounts 2017-187,3 k €
  8. 2016
    Annual accounts 2016-178,6 k €
  9. 2015
    Annual accounts 2015-117,8 k €
  10. 2014
    Annual accounts 2014-200,7 k €
  11. 2013
    Annual accounts 2013-167 k €
  12. 2012
    Annual accounts 2012-55,9 k €
  13. 2012
    Name changeFUN2PLAY
  14. 2010
    Annual accounts 2010-16,3 k €
  15. 2009
    Annual accounts 2009-71,5 k €
  16. 2008
    Annual accounts 2008-9,8 k €
  17. 2007
    Annual accounts 2007-109,7 k €
  18. 2006
    Annual accounts 2006-26,8 k €
  19. 2006
    Name changeS.I.K.B.
  20. 26/12/1991
    IncorporationPublic limited company