Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
33 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
CITEXAR from Brussel, company number BE0449633404, closed financial year 2024 with a result of € 615,767 after tax. For that financial year CITEXAR recorded revenue of € 13.8 million and equity of € 5.9 million. Compared with financial year 2023, the result moved from € 814,140 to € 615,767. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 20, 2025.
€ 5.9 million
▲ 12% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 615,767
▼ 24% vs 2023
Profit after tax over the fiscal year.
€ 5.6 million
▲ 69% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 5.8 million.
People and assets in 2024
47.6
▲ 0.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3.7 million
▲ 1% vs 2023
€ 77,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 87,576
▼ 19% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 409,559
▼ 80% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 58 days on average.
€ 1.9 million
▲ 208% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 6,243,904 | - | - | € 13,847,390 | |
| Gross margin | - | € 7,701,753 | € 10,584,681 | - | |
| Profit after taxes | € 717,083 | € 476,177 | € 814,140 | € 615,767 | ▼ 24% |
| Equity | € 3,955,499 | € 4,431,676 | € 5,245,816 | € 5,861,584 | ▲ 12% |
| Total debts | € 1,584,394 | € 974,794 | € 2,692,873 | € 2,286,493 | ▼ 15% |
| Cash | € 3,057,898 | € 2,759,138 | € 3,320,137 | € 5,600,234 | ▲ 69% |
| Land & buildings | € 2,426 | - | - | - | |
| Retained profit | € 3,893,052 | € 4,369,229 | € 5,183,369 | € 5,799,137 | ▲ 12% |
| Bank debt | € 1,098,895 | € 431 | € 688 | € 0 | ▼ 100% |
| Balance sheet total | € 5,539,893 | € 5,406,470 | € 7,938,689 | € 8,148,077 | ▲ 3% |
| Employees (FTE) | 39.4 | 42.9 | 46.8 | 47.6 | ▲ 0.8 |
Key figures of CITEXAR, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to CITEXAR?
What happened at CITEXAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MARIO MENEGALLI stepped down as director. NBB
- DANIELA MENEGALLI stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 615,767 (▼ 24% vs 2023). Source: NBB ↗
- New establishment in Grimbergen. KBO
- MARIO MENEGALLI became a director. NBB
- DANIELA MENEGALLI became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 717,083 profit in 2021 to € 615,767 profit in 2024.
Paid € 2.1 million in corporate taxes since 2021.
Best year ever: 2023, with € 814,140 profit.
On average € 226,200 of value added per employee in 2023.
A new publication or filing at CITEXAR? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by L'AUTOMATIQUE ELECTRONIQUE SA (80%), MASSIMO MENEGALLI (10%) and DANIELA MENEGALLI (10%).
Directors
According to the 2024 annual accounts
MARIO MENEGALLI
Managing director
Also active at: General Automatic Amusement, L'AUTOMATIQUE ELECTRONIQUE, citexlux, CONCEPT V GAMES
since 2017 · until 2029
DANIELA MENEGALLI
Managing director
Also active at: General Automatic Amusement, European Holding Company, Y.C.L., IMMO LAEKEN, LA CASTELLANA, ELENI PROJECTS, citexlux, EUROPEAN GAMING STUDIO +6 more
since 2017 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oorlogskruisenlaan 120
1120 Brussel
Boechoutlaan 55
1853 Grimbergen
Active since 1 October 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 33 companies are registered at this address.
All companies at this address →General Automatic Amusement same network
€ 2.7 million gross margin · 2024
BELGIAN GAMING ASSOCIATION B.G.A.
Les Copères
€ 2.3 million gross margin · 2024
L'AUTOMATIQUE ELECTRONIQUE same network
€ -10,651 gross margin · 2024
Y.C.L. same network
€ 89,234 gross margin · 2024
+28 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.633.404
- VAT number
- BE 0449.633.404
- Registered office
- Oorlogskruisenlaan 120, 1120 Brussel
- Names & denominations
- CITEXAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 March 1993
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Exploitatie van recreatieparken, lunaparken en dergelijke
Exploitatie van recreatiedomeinen
Overige recreatie- en ontspanningsactiviteiten, neg
Overig amusement, n.e.g.