ACTIVE

FREE2MOVE BELGIUM

Financial year 2024 · Closed on 31/12/2024

Net result
-572,1 k €
-632,6 %over 1 year
Gross margin
174,6 k €
+52,8 %over 1 year
Equity
-503,8 k €
-837,8 %over 1 year
Workforce
4,8 ETP
+140,0 %over 1 year

Identity

Source · BCE/KBO

FREE2MOVE BELGIUM is a Private limited company incorporated in 2019. Its main activity is: Rental and leasing of cars and light motor vehicles. Its registered office is in Bruxelles. It employs on average 4,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0739.870.171
Incorporation
20/12/2019
Legal form
Private limited company
Registered office
Avenue du Bourget 20 box 2
1130 Bruxelles · BruxellesSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2024
Average workforce
4,8 ETP
Joint committees (1)
  • 200
Signals
Healthy social debts

Financials

Source · NBB, 5 filings

Trend over 4 financial years

2024202320222021
Income statement
Gross margin174,6 k €114,3 k €412,7 k €212,1 k €
EBITDA-134,9 k €-28,9 k €201,3 k €-5,5 k €
Operating result-516,4 k €-29,8 k €201 k €-5,6 k €
Net result-572,1 k €-78,1 k €133,1 k €-14,4 k €
Balance sheet
Equity-503,8 k €68,3 k €146,4 k €13,3 k €
Total assets1,8 M €1,1 M €1,3 M €510,4 k €
Cash140,5 k €210,1 k €96,7 k €27,2 k €
Debts2,3 M €1 M €1,2 M €493,8 k €
Other
Workforce4,8 ETP2,0 ETP1,8 ETP2,4 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 1 ended

Active mandates

Lotfi Louez

Director · since 20 décembre 2019

Active

Ended mandates

Lotfi LOUEZ

Director · since 18 décembre 2019

Ended

Other companies at this address

Avenue du Bourget 20 1130 Bruxelles
CompanyCBE no.
FCA BELGIUM● Active
0400.354.731
0403.461.107
0754.561.218
0417.159.386

Full financial information

Source · NBB
20242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/12/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months13 months
Filing date23/04/202615/05/202409/10/202312/07/202213/07/2021
General meeting20/03/202603/05/202405/10/202303/06/202204/06/2021
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 model31/12/202420/03/202623/04/2026FrenchPDF
Abridged model31/12/202303/05/202415/05/2024FrenchPDF
Abridged model31/12/202205/10/202309/10/2023FrenchPDF
Abridged model31/12/202103/06/202212/07/2022FrenchPDF
Abridged model31/12/202004/06/202113/07/2021FrenchPDF

Indicative valuation

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.

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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 · 1 ended

Active mandates

Lotfi Louez

Director · since 20 décembre 2019

Active

Ended mandates

Lotfi LOUEZ

Director · since 18 décembre 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring19/11/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF
  • Restructuring19/09/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Registered office27/07/2020
    SIEGE SOCIAL
    PDF
  • Other24/12/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2024-572,1 k €↓
  2. 2023
    Annual accounts 2023-78,1 k €↓
  3. 2022
    Annual accounts 2022133,1 k €↑
  4. 2021
    Annual accounts 2021-14,4 k €
  5. 20/12/2019
    IncorporationPrivate limited company