ACTIVE

CITEXAR

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Financial year 2024 · Closed on 31/12/2024

Net result615,8 k €-24,4 %over 1 year

Revenue13,8 M €

Equity5,9 M €+11,7 %over 1 year

Workforce47,6 ETP+1,7 %over 1 year

Identity

Source · BCE/KBO

CITEXAR is a Public limited company incorporated in 1993. Its main activity is: Gambling and betting activities. Its registered office is in Bruxelles. It employs on average 47,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0449.633.404
Incorporation: 18/03/1993
Legal form: Public limited company
Registered office: Avenue des Croix de Guerre 120
1120 Bruxelles · BruxellesSee on map
Contributed capital: 62 446,76 €
Latest accounts: 31/12/2024
Average workforce: 47,6 ETP

Activities (NACE)

92340Gambling and betting activities· main 92722Gambling and betting activities 93292Other amusement and recreation activities 93293Other amusement and recreation activities 93299Other amusement and recreation activities 93299Other amusement and recreation activities

Joint committees (3)

14904
200
201

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 16 financial years

	2024		2023		2022		2021		2020
Income statement
Revenue	13,8 M €		–		–		6,2 M €	+14.1%	5,5 M €
EBITDA	1,6 M €	+61.3%	1 M €	+238%	-737,6 k €	-54.8%	-476,6 k €	+62.6%	-1,3 M €
Operating result	1,5 M €	+69.3%	886,4 k €	+202%	-869,6 k €	-40.1%	-620,7 k €	+56.3%	-1,4 M €
Net result	615,8 k €	-24.4%	814,1 k €	+71.0%	476,2 k €	-33.6%	717,1 k €	+165%	-1,1 M €
Balance sheet
Equity	5,9 M €	+11.7%	5,2 M €	+18.4%	4,4 M €	+12.0%	4 M €	+22.1%	3,2 M €
Total assets	8,1 M €	+2.6%	7,9 M €	+46.8%	5,4 M €	-2.4%	5,5 M €	+2.3%	5,4 M €
Cash	5,6 M €	+68.7%	3,3 M €	+20.3%	2,8 M €	-9.8%	3,1 M €	+40.3%	2,2 M €
Debts	2,3 M €	-15.1%	2,7 M €	+176%	974,8 k €	-38.4%	1,6 M €	-27.2%	2,2 M €
Other
Workforce	47,6 ETP	+1.7%	46,8 ETP	+9.1%	42,9 ETP	+8.9%	39,4 ETP	-3.2%	40,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Daniela MENEGALLI	Managing director20/05/2005 → 20/05/2029
MARIO MENEGALLI	Managing director03/08/2017 → 20/05/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GABRIELLA RUINA	Director02/06/2006 → 2019 accounts
DOMINIQUE MARCEL	Director11/07/2011 → 2016 accounts

Other companies at this address

Avenue des Croix de Guerre 120 1120 Bruxelles

Company	CBE no.
BARCLAY GROUP● Active	0862.798.667
BELGIAN GAMING ASSOCIATION B.G.A.● Active	0408.865.589
BELGIUM WEB CASINO● Active	0842.448.364
Center jeux automatiques● Active	0438.561.051
citexlux● Active	0566.948.073
CONCEPT V GAMES● Active	0843.578.514
DEBA SQUARE● Active	0449.587.872
DE PIJL● Active	0432.417.981
DEVOMAS● Active	0425.443.780
ELENI PROJECTS● Active	0458.108.531
EUROPEAN AMUSEMENT● Active	0449.575.303
FINCAINVEST● Active	0890.430.801
FORTUNA 2000● Active	0465.106.684
Fun2play● Active	0446.241.273
GABY● Active	0757.470.921
General Automatic Amusement● Active	0407.052.085
GOLDEN PALACE● Active	0765.453.031
GOLDEN PALACE ANTWERPEN● Active	0713.710.558
GOLDEN PALACE WATERLOO● Active	0462.168.970
GPFI● Active	0841.832.811

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Abridged model	Abridged model	Full model	Full model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/06/2025	01/07/2024	26/06/2023	01/07/2022	13/07/2021	15/07/2020
General meeting	16/06/2025	28/06/2024	23/06/2023	30/06/2022	01/07/2021	15/05/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	16/06/2025	20/06/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	01/07/2024	French	PDF
Abridged model	31/12/2022	23/06/2023	26/06/2023	French	PDF
Full model	31/12/2021	30/06/2022	01/07/2022	French	PDF
Full model	31/12/2020	01/07/2021	13/07/2021	French	PDF
Abridged model	31/12/2019	15/05/2020	15/07/2020	French	PDF
Abridged model	31/12/2018	17/05/2019	03/10/2019	French	PDF
Abridged model	31/12/2017	18/05/2018	02/07/2018	French	PDF
Abridged model	31/12/2016	03/08/2017	21/08/2017	French	PDF
Abridged model	31/12/2015	15/07/2016	20/07/2016	French	PDF
Full model	31/12/2014	25/06/2015	02/07/2015	French	PDF
Full model	31/12/2013	06/06/2014	11/06/2014	French	PDF
Full model	31/12/2012	20/06/2013	27/06/2013	French	PDF
Full model	31/12/2011	19/07/2012	13/08/2012	French	PDF
Full model	31/12/2010	11/07/2011	08/08/2011	French	PDF
Full model	31/12/2009	04/06/2010	30/06/2010	French	PDF
Full model	31/12/2008	15/05/2009	10/08/2009	French	PDF
Full model	31/12/2007	26/06/2008	10/07/2008	French	PDF
Full model	31/12/2006	04/06/2007	01/08/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Daniela MENEGALLI	Managing director20/05/2005 → 20/05/2029
MARIO MENEGALLI	Managing director03/08/2017 → 20/05/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GABRIELLA RUINA	Director02/06/2006 → 2019 accounts
DOMINIQUE MARCEL	Director11/07/2011 → 2016 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates17/12/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates18/08/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates29/08/2017
DEMISSIONS, NOMINATIONS
PDF
Restructuring10/11/2014
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Restructuring09/07/2014
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Mandates25/06/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates04/10/2011
DEMISSIONS, NOMINATIONS
PDF
Restructuring02/07/2010
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings16 filings

Mandates

DANIELA MENEGALLI

MARIO MENEGALLI

GABRIELLA RUINA

DOMINIQUE MARCEL

1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

CITEXAR

Avenue des Croix de Guerre 120, 1120 Neder-Over-Heembeek

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue des Croix de Guerre 120, 1120 Neder-Over-HeembeekCurrent	accounts 2021 → 2024	Accounts 2024 · 2025-00160130

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CITEXARCurrent	accounts 2008 → 2024	Accounts 2024 · 2025-00160130

Events

2024
Annual accounts 2024615,8 k €↓
2023
Annual accounts 2023814,1 k €↑
2022
Annual accounts 2022476,2 k €↓
2021
Annual accounts 2021717,1 k €↑
2020
Annual accounts 2020-1,1 M €↓
2019
Annual accounts 2019408,8 k €↓
2018
Annual accounts 20183,4 M €↑
2017
Annual accounts 2017-1,2 M €↓
2016
Annual accounts 2016-1,1 M €↓
2015
Annual accounts 2015258,4 k €↑
2013
Annual accounts 201367,1 k €↓
2012
Annual accounts 2012710,8 k €↑
2011
Annual accounts 2011622,4 k €↓
2010
Annual accounts 20102,7 M €↑
2009
Annual accounts 20091,2 M €↓
2008
Annual accounts 20081,3 M €
18/03/1993
IncorporationPublic limited company

CITEXAR

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events