FREESPACE
0508.436.287 · rovalta.com · 21/09/2026
ACTIVE
FREESPACE
Financial year 2024 · closed on 31/12/2024
Net result
-11,0 k €
+28.9% YoY
Gross margin
-9,5 k €
+29.5% YoY
Equity
9,1 M €
-0.1% YoY
Overview
What does FREESPACE do?
FREESPACE is a Public limited company incorporated in 2012. Its registered office is in Gent.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0508.436.287
Incorporation
10/12/2012
Legal form
Public limited company
Registered office
Bellevue 5 box 301
9050 Gent · FlandreSee on map
9050 Gent · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2024
Signals
Solid equityLow riskGood liquidity
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Financials
Trend over 10 financial years
| 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||
| Gross margin | -9,5 k € | +29.5% | -13,5 k € | -11.9% | -12,0 k € | +1.2% | -12,2 k € | +0.7% | -12,3 k € | -8.8% | -11,3 k € | -42.2% | -7,9 k € | +38.8% | -13,0 k € | +38.0% | -20,9 k € | +86.3% | -153,1 k € |
| EBITDA | -10,6 k € | +27.2% | -14,6 k € | -11.7% | -13,0 k € | +1.1% | -13,2 k € | +0.7% | -13,3 k € | -8.1% | -12,3 k € | -35.2% | -9,1 k € | +35.6% | -14,1 k € | +34.0% | -21,4 k € | +86.1% | -154,0 k € |
| Operating result | -10,6 k € | +27.2% | -14,6 k € | -11.7% | -13,0 k € | +1.1% | -13,2 k € | +0.7% | -13,3 k € | -8.1% | -12,3 k € | -35.2% | -9,1 k € | +35.6% | -14,1 k € | +34.0% | -21,4 k € | +86.1% | -154,0 k € |
| Net result | -11,0 k € | +28.9% | -15,4 k € | -100% | 3,4 M € | -37.0% | 5,3 M € | -38.4% | 8,6 M € | +100% | 4,3 M € | +9613% | -45,3 k € | +23.0% | -58,9 k € | +49.7% | -117,0 k € | +60.4% | -295,5 k € |
| Balance sheet | |||||||||||||||||||
| Equity | 9,1 M € | -0.1% | 9,1 M € | -0.2% | 9,1 M € | +32.8% | 6,9 M € | -24.6% | 9,1 M € | -28.8% | 12,8 M € | +50.8% | 8,5 M € | -0.5% | 8,5 M € | -0.7% | 8,6 M € | -1.3% | 8,7 M € |
| Total assets | 9,1 M € | -0.1% | 9,1 M € | -0.2% | 9,1 M € | +0.1% | 9,1 M € | +0.1% | 9,1 M € | -34.5% | 13,9 M € | +45.4% | 9,6 M € | -42.2% | 16,5 M € | +1.7% | 16,3 M € | -24.4% | 21,5 M € |
| Cash | 17,2 k € | -40.0% | 28,7 k € | -34.3% | 43,6 k € | +16.2% | 37,6 k € | +1824% | 2,0 k € | -99.5% | 389,1 k € | +2413% | 15,5 k € | -99.8% | 7,0 M € | +32368% | 21,6 k € | +5.7% | 20,4 k € |
| Debts | 7,3 k € | 0.0% | 7,3 k € | 0.0% | 7,3 k € | -99.7% | 2,3 M € | +30959% | 7,3 k € | -99.3% | 1,1 M € | +3.2% | 1,1 M € | -86.5% | 8,0 M € | +4.3% | 7,7 M € | -40.1% | 12,8 M € |
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 4 active · 8 ended
Active mandates
Bernard Van Hoorebeke
ActiveEmiel Lathouwers
ActiveFrancis Geernaert
ActiveMichel De Bisscop
ActiveEnded mandates
Bernard Van Hoorebeke
EndedFrancis Geernaert
EndedLathouwers Emiel
EndedMichel De Bisscop
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
BELCO FLANDERS● Active | 0471.483.544 |
BRICSYS● Active | 0846.256.902 |
Crye Precision Europe● Active | 1014.471.134 |
DEMA PROJECTS● Active | 0741.381.391 |
Food & Co● Active | 0880.591.338 |
G-LABEL● Active | 0887.250.486 |
GREEN-CORNER● Active | 0431.232.306 |
HERON● Active | 0473.661.193 |
Level Peaks Europe● Active | 1031.038.932 |
LOSHOP● Active | 0837.794.839 |
MEMLINC SHOPS● Active | 0435.822.879 |
MIKEPPE● Active | 0887.841.196 |
PILATUS CLUB ONE● Active | 0822.787.454 |
| 1024.453.721 | |
Toba HR Solutions● Active | 0476.252.776 |
Tribe Europe Partners● Active | 0787.257.146 |
Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 29/09/2025 | 26/08/2024 | 23/08/2023 | 26/08/2022 | 30/08/2021 | 26/10/2020 |
| General meeting | 11/07/2025 | 28/06/2024 | 30/06/2023 | 24/06/2022 | 25/06/2021 | 26/06/2020 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
12 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 11/07/2025 | 29/09/2025 | Dutch | |
| Abridged model | 31/12/2023 | 28/06/2024 | 26/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 30/06/2023 | 23/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 24/06/2022 | 26/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 25/06/2021 | 30/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 26/06/2020 | 26/10/2020 | Dutch | |
| Abridged model | 31/12/2018 | 28/06/2019 | 27/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 29/06/2018 | 28/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 24/06/2016 | 29/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 26/06/2015 | 26/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 27/06/2014 | 25/08/2014 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 4 active · 8 ended
Active mandates
Bernard Van Hoorebeke
ActiveEmiel Lathouwers
ActiveFrancis Geernaert
ActiveMichel De Bisscop
ActiveEnded mandates
Bernard Van Hoorebeke
EndedFrancis Geernaert
EndedLathouwers Emiel
EndedMichel De Bisscop
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates26/10/2021KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates24/07/2019ONTSLAGEN - BENOEMINGEN
- Mandates29/03/2013ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
- Other27/12/2012RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 2024-11,0 k €↑
- 2023Annual accounts 2023-15,4 k €↓
- 2022Annual accounts 20223,4 M €↓
- 2021Annual accounts 20215,3 M €↓
- 2018Annual accounts 20188,6 M €↑
- 2017Annual accounts 20174,3 M €↑
- 2016Annual accounts 2016-45,3 k €↑
- 2015Annual accounts 2015-58,9 k €↑
- 2014Annual accounts 2014-117,0 k €↑
- 2013Annual accounts 2013-295,5 k €
- 10/12/2012IncorporationPublic limited company