| Number of complexes (1)(2) | Belgium | France | Canada | Spain | Netherlands | US | Luxembourg | other
(Switzerland & Poland) | Total |
|---|
| 2024 | 11 | 18 | 36 | 11 | 19 | 10 | 3 | 2 | 110 |
| Visitors (millions)(3) | Belgium | France | Canada | Spain | The Netherlands | US | Luxembourg | Switzerland | Total |
|---|
| 2023 | 6.39 | 6.54 | 9.12 | 4.81 | 3.49 | 4.09 | 0.82 | 0.10 | 35.36 |
| 2024 | 5.61 | 6.45 | 8.59 | 4.30 | 2.79 | 4.00 | 0.73 | 0.09 | 32.56 |
| 2024 vs 2023 | -12.2% | -1.5% | -5.8% | -10.5% | -20.1% | -2.3% | -10.2% | -15.0% | -7.9% |
| Consolidated income statement (in ’000 €) | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|
| Revenue | 176,282 | 266,393 | 499,908 | 605,475 | 578,189 |
| EBITDA | 17,188 | 72,667 | 150,250 | 186,864 | 165,539 |
| EBITDAL | -13,981 | 38,510 | 113,975 | 151,364 | 130,944 |
| Adjusted EBITDA* | 17,961 | 72,555 | 150,817 | 188,167 | 167,336 |
| Adjusted EBITDAL* | -13,208 | 38,398 | 114,542 | 152,667 | 132,741 |
| Result | -69,111 | -25,506 | 27,535 | 56,075 | 40,463 |
| Adjusted result* | -68,326 | -24,706 | 28,540 | 57,952 | 41,811 |
- Starting in FY24, the adjustments incorporate an adjustment for share-based payment expenses (IFRS 2), applied retroactively (2020 - 2024).
| Annual growth rates | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|
| Revenue | -68.0% | 51.1% | 87.7% | 21.1% | -4.5% |
| EBITDA | -90.0% | 322.8% | 106.8% | 24.4% | -11.4% |
| EBITDAL | -109.8% | 375.4% | 196.0% | 32.8% | -13.5% |
| Adjusted EBITDA* | -89.7% | 304.0% | 107.9% | 24.8% | -11.1% |
| Adjusted EBITDAL* | -109.1% | 390.7% | 198.3% | 33.3% | -13.1% |
| Result | -227.1% | 63.1% | 208.0% | 103.6% | -27.8% |
| Adjusted result* | -220.8% | 63.8% | 215.5% | 103.1% | -27.9% |
| Consolidated Balance Sheet (in '000 €) | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|
| Non-current assets | 1,097,121 | 1,079,631 | 1,046,197 | 1,005,365 | 994,964 |
| Current assets | 71,059 | 115,447 | 123,499 | 161,662 | 149,466 |
| TOTAL ASSETS | 1,168,180 | 1,195,078 | 1,169,496 | 1,167,027 | 1,144,430 |
| Equity | 126,496 | 120,649 | 157,628 | 193,844 | 225,890 |
| Provisions and deferred tax liabilities | 16,126 | 15,590 | 14,017 | 12,791 | 13,412 |
| Non-current loans and borrowings | 469,882 | 478,494 | 463,193 | 383,695 | 289,458 |
| Non-current lease liabilities | 358,317 | 354,271 | 335,375 | 323,196 | 319,565 |
| Current loans and borrowings | 76,599 | 71,557 | 28,378 | 96,000 | 114,600 |
| Current lease liabilities | 35,295 | 36,296 | 34,996 | 34,391 | 35,639 |
| Trade and other payables | 84,778 | 116,967 | 132,776 | 121,015 | 143,561 |
| Others | 687 | 1,254 | 3,133 | 2,095 | 2,306 |
| TOTAL EQUITY AND LIABILITIES | 1,168,180 | 1,195,078 | 1,169,496 | 1,167,027 | 1,144,430 |
| Data per share (4) | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|
| Revenue | 6.56 | 9.90 | 18.54 | 22.50 | 21.62 |
| EBITDA | 0.64 | 2.70 | 5.57 | 6.94 | 6.19 |
| EBITDAL | -0.52 | 1.43 | 4.23 | 5.63 | 4.90 |
| Adjusted EBITDA* | 0.65 | 2.69 | 5.60 | 6.91 | 6.26 |
| Adjusted EBITDAL* | -0.51 | 1.42 | 4.25 | 5.59 | 4.96 |
| Result | -2.56 | -0.94 | 1.02 | 2.08 | 1.51 |
| Adjusted result | -2.55 | -0.92 | 1.06 | 2.09 | 1.56 |
| Equity, share of the Group | 4.71 | 4.49 | 5.85 | 7.20 | 8.45 |
| Gross Dividend (5) | | | 0.26 | 0.55 | 0.55 |
| Pay-out ratio | | | 25% | 26% | 37% |
(4) Calculated bases on the weighted average number of shares for the relevant period.
(5) Calculated based on the number of shares eligible for dividend.
| Profitability ratios | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|
| EBITDA / Revenue | 9.8 % | 27.3% | 30.1% | 30.9% | 28.6% |
| EBITDAL/Revenue | -7.9 % | 14.5% | 22.8% | 25.0% | 22.6% |
| Adjusted EBITDA* / Revenue | 9.9 % | 27.1% | 30.2% | 30.7% | 28.9% |
| Adjusted EBITDAL* / Revenue | -7.8 % | 14.3% | 22.9% | 24.8% | 23.0% |
| Result / Revenue | -39.2 % | -9.6% | 5.5% | 9.3% | 7.0% |
| Financial structure ratios | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|
| Net financial debt | 906,892 | 865,032 | 793,887 | 735,898 | 674,553 |
| Net financial debt / EBITDA | 52.76 | 11.90 | 5.28 | 3.94 | 4.07 |
| Net financial debt / Adjusted EBITDA | 51.85 | 11.97 | 5.26 | 3.96 | 4.03 |
| Net financial debt / Equity | 7.17 | 7.17 | 5.04 | 3.80 | 2.99 |
| Equity / Total equity and liabilities | 10.8 % | 10.1% | 13.5% | 16.6% | 19.7% |
| Current Ratio | 0.37 | 0.52 | 0.63 | 0.65 | 52.0% |
| ROCE | -6.1 % | -0.6% | 6.9% | 10.9% | 8.8% |
| Financial structure ratios excl. lease liabilities | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|
| Net financial debt | 513,281 | 474,465 | 423,516 | 378,311 | 319,349 |
| Net financial debt / EBITDAL | -36.71 | 12.32 | 3.72 | 2.50 | 2.44 |
| Net financial debt / Adjusted EBITDAL* | -37.53 | 12.45 | 3.69 | 2.51 | 2.41 |
| Net financial debt / Equity | 4.06 | 3.93 | 2.69 | 1.95 | 1.41 |
| Equity / Total equity and liabilities | 16.3 % | 15.0% | 19.7% | 23.9% | 28.6% |
| Current Ratio | 0.46 | 0.63 | 0.77 | 0.76 | 59.4% |
| ROCE excl. IFRS 16 | -10.1 % | -1.9% | 9.2% | 15.0% | 12.1% |
