ACTIVE

H B W FREETIME

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Financial year 2024 · Closed on 31/12/2024

Net result1,9 M €+0,7 %over 1 year
Gross margin5 M €-1,1 %over 1 year
Equity1,6 M €+31,0 %over 1 year
Workforce45,6 ETP+2,7 %over 1 year

Identity

Source · BCE/KBO

H B W FREETIME is a Public limited company incorporated in 1994. Its main activity is: Motion picture projection activities. Its registered office is in Bruxelles. It employs on average 45,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0453.938.224
Incorporation
30/11/1994
Legal form
Public limited company
Registered office
Avenue des Croix de Guerre 120
1120 Bruxelles · BruxellesSee on map
Contributed capital
500 000,00 €
Latest accounts
31/12/2024
Average workforce
45,6 ETP
Joint committees (1)
  • 302
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin5 M €5,1 M €5,1 M €1,7 M €957,5 k €
EBITDA2,6 M €2,6 M €3,2 M €840,4 k €-1,6 k €
Operating result2,6 M €2,5 M €3,1 M €734,3 k €-109,1 k €
Net result1,9 M €1,9 M €2,3 M €611 k €-105,9 k €
Balance sheet
Equity1,6 M €1,2 M €1,3 M €796 k €985 k €
Total assets3,5 M €3,6 M €4 M €2,2 M €2 M €
Cash2 M €2,5 M €3,2 M €1,1 M €228,2 k €
Debts2 M €2,4 M €2,7 M €1,4 M €1 M €
Other
Workforce45,6 ETP44,4 ETP39,2 ETP28,1 ETP31,2 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

1 active · 12 ended

Active mandates

GPFI

Director · since 27 juin 2025 · until 27 juin 2031 · 0841.832.811

Represented by Massimo MENEGALLI

Active

Ended mandates

LUC LAMOUCHE

Director · since 29 juin 2009 · until 29 juin 2015

Ended
MASSIMO MENEGALLI

Managing director · since 29 juin 2009 · until 29 juin 2015

Ended
Serge MENEGALLI

Director · since 29 juin 2009 · until 29 juin 2015

Ended
Agatha Blomberg

Director · since 01 janvier 2008 · until 29 juin 2009

Ended

Other companies at this address

Avenue des Croix de Guerre 120 1120 Bruxelles
CompanyCBE 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
CITEXAR● Active
0449.633.404
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

Full financial information

Source · NBB
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 date13/08/202510/07/202404/08/202329/06/202204/10/202120/07/2020
General meeting27/06/202528/06/202430/06/202324/06/202225/06/202126/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202427/06/202513/08/2025FrenchPDF
Abridged model31/12/202328/06/202410/07/2024FrenchPDF
Abridged model31/12/202230/06/202304/08/2023FrenchPDF
Abridged model31/12/202124/06/202229/06/2022FrenchPDF
Abridged model31/12/202025/06/202104/10/2021FrenchPDF
Abridged model31/12/201926/06/202020/07/2020FrenchPDF
Abridged model31/12/201828/06/201904/09/2019FrenchPDF
Abridged model31/12/201729/06/201802/07/2018FrenchPDF
Abridged model31/12/201630/06/201713/07/2017FrenchPDF
Abridged model31/12/201524/06/201613/09/2016FrenchPDF
Abridged model31/12/201426/06/201529/06/2015FrenchPDF
Abridged model31/12/201327/06/201430/06/2014FrenchPDF
Abridged model31/12/201228/06/201301/07/2013FrenchPDF
Abridged model31/12/201129/06/201202/07/2012FrenchPDF
Abridged model31/12/201024/06/201129/06/2011FrenchPDF
Abridged model31/12/200926/01/201127/01/2011FrenchPDF
Abridged model31/12/200818/09/200901/10/2009DutchPDF
Full model31/12/200717/09/200806/10/2008DutchPDF
Full model31/12/200630/06/200730/08/2007DutchPDF

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

1 active · 12 ended

Active mandates

GPFI

Director · since 27 juin 2025 · until 27 juin 2031 · 0841.832.811

Represented by Massimo MENEGALLI

Active

Ended mandates

LUC LAMOUCHE

Director · since 29 juin 2009 · until 29 juin 2015

Ended
MASSIMO MENEGALLI

Managing director · since 29 juin 2009 · until 29 juin 2015

Ended
Serge MENEGALLI

Director · since 29 juin 2009 · until 29 juin 2015

Ended
Agatha Blomberg

Director · since 01 janvier 2008 · until 29 juin 2009

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/12/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates07/04/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office15/01/2019
    SIEGE SOCIAL
    PDF
  • Mandates30/12/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/07/2009
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/01/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2005
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/06/2005
    ONTSLAGEN - BENOEMINGEN
    PDF

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 20241,9 M €↑
  2. 2023
    Annual accounts 20231,9 M €↓
  3. 2022
    Annual accounts 20222,3 M €↑
  4. 2021
    Annual accounts 2021611 k €↑
  5. 2020
    Annual accounts 2020-105,9 k €↓
  6. 2019
    Annual accounts 20191,3 M €↑
  7. 2018
    Annual accounts 2018219,3 k €↑
  8. 2017
    Annual accounts 201796,4 k €↓
  9. 2016
    Annual accounts 2016296,3 k €↓
  10. 2015
    Annual accounts 2015326,1 k €↑
  11. 2014
    Annual accounts 2014125 k €↓
  12. 2013
    Annual accounts 2013400,5 k €↓
  13. 2012
    Annual accounts 2012535 k €↓
  14. 2011
    Annual accounts 2011690,5 k €↑
  15. 2010
    Annual accounts 2010257,1 k €↑
  16. 2009
    Annual accounts 2009234,8 k €↓
  17. 2008
    Annual accounts 20081,2 M €↑
  18. 2007
    Annual accounts 2007149,9 k €↓
  19. 2006
    Annual accounts 2006271,8 k €
  20. 30/11/1994
    IncorporationPublic limited company