ACTIVE

FREE THE WORLD GROUP

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Financial year 2024 · Closed on 31/12/2024

Net result-18,3 k €+19,4 %over 1 year
Gross margin15,1 k €+83,6 %over 1 year
Equity2,6 M €-0,7 %over 1 year

Identity

Source · BCE/KBO

FREE THE WORLD GROUP is a General partnership incorporated in 2019. Its registered office is in Sint-Gillis-Waas.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0734.854.776
Incorporation
25/09/2019
Legal form
General partnership
Registered office
Molenhoekstraat(MD) 63
9170 Sint-Gillis-Waas · FlandreSee on map
Contributed capital
3 351 000,00 €
Latest accounts
31/12/2024
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20242023202220212020
Income statement
Gross margin15,1 k €8,2 k €11 k €––
EBITDA6,9 k €1,3 k €-529,3 k €-2,2 k €-46,4 k €
Operating result-17,2 k €-21,5 k €-551,9 k €-46,2 k €-97,2 k €
Net result-18,3 k €-22,6 k €-553,1 k €-47,1 k €-97,4 k €
Balance sheet
Equity2,6 M €2,6 M €2,7 M €3,2 M €3,3 M €
Total assets2,6 M €2,6 M €2,7 M €3,2 M €3,3 M €
Cash585,4 k €585,5 k €542,5 k €550,8 k €554,6 k €
Debts389,8 €5,5 k €484,5 €274,7 €80,3 €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active

Active mandates

Brigitte HEYNDRICKX

Manager · since 18 août 2023 · until 30 juin 2026

Active
Julianna VAN HOEWEGHEN

Manager · since 18 août 2023 · until 30 juin 2026

Active
KUBIP VOF

Director · since 25 septembre 2019 · 0466.592.962

Represented by Henni HEYNDRICKX

Active

Other companies at this address

Molenhoekstraat(MD) 63 9170 Sint-Gillis-Waas
CompanyCBE no.
MABICKX● Active
1032.209.365
Stichting Administratiekantoor BIMACKX● Active
1031.562.435
TBN group B● Active
0877.762.106
TBN group J● Active
1024.433.034
VZW Ponyclub De Wase Wolfjes● Active
0678.921.509

Full financial information

Source · NBB
20242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202125/09/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months16 months
Filing date22/08/202509/07/202416/11/202308/09/202318/10/2021
General meeting02/06/202503/06/202429/06/202329/06/202208/10/2021
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202402/06/202522/08/2025DutchPDF
Abridged model31/12/202303/06/202409/07/2024DutchPDF
Abridged model31/12/202229/06/202316/11/2023DutchPDF
Full model31/12/202129/06/202208/09/2023DutchPDF
Full model31/12/202008/10/202118/10/2021DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

3 active

Active mandates

Brigitte HEYNDRICKX

Manager · since 18 août 2023 · until 30 juin 2026

Active
Julianna VAN HOEWEGHEN

Manager · since 18 août 2023 · until 30 juin 2026

Active
KUBIP VOF

Director · since 25 septembre 2019 · 0466.592.962

Represented by Henni HEYNDRICKX

Active

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/09/2023
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office24/11/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other27/09/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2024-18,3 k €↑
  2. 2023
    Annual accounts 2023-22,6 k €↑
  3. 2022
    Annual accounts 2022-553,1 k €↓
  4. 2021
    Annual accounts 2021-47,1 k €↑
  5. 2020
    Annual accounts 2020-97,4 k €
  6. 25/09/2019
    IncorporationGeneral partnership