Financials
Financial year 2025
Worth noting
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Gross margin
€ 936,277
▼ 41% vs 2024
Profit
Caution€ -695,570
▼ 29% vs 2024
Debts
High€ 31.2 million
▼ 6% vs 2024
CITY CONCEPT from Gent, company number BE0427003007, closed financial year 2025 with a result of € -695,570 after tax. For that financial year CITY CONCEPT recorded a gross margin of € 936,277 and equity of € 3.8 million. Compared with financial year 2024, the result moved from € -538,336 to € -695,570. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
What happened at CITY CONCEPT?
What happened at CITY CONCEPT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Cedric Ongena stepped down as director. NBB
- Advice and Follow-up BV stepped down as director. NBB
- Pierre Liétear stepped down as director. NBB
- Sabrina Huys stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 695,570. Source: NBB ↗
- Godelieve Persoons stepped down as director. NBB
- Cedric Ongena became a director. NBB
- Godelieve Persoons became a director. NBB
In short
From € 72,269 profit in 2021 to € 695,570 loss in 2025.
Paid € 848,347 in corporate taxes since 2021.
Best year ever: 2022, with € 747,295 profit.
On average € 851,200 of value added per employee in 2025.
A new publication or filing at CITY CONCEPT? We notify you, reason included.
Follow CITY CONCEPTNeed more data?
History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
Then €29.99/mo excl. VAT, cancel monthly. No credit card to try; the AI assistant is not included, or only in a very limited form, during the trial month. Sign up now and you’ll be invited first.
Management
The shares are held by Pierre Lietaer (75%) and Laure Lietaer (25%). It owns 100% of Sogefim and 100% of Cotton Projects itself.
Directors
According to the 2025 annual accounts
Godelieve Persoons
Director
since 2022 · until 2025
Director · represented by Yves Tytgat
Also active at: Jules Tytgat, SCOOP, FONCIERE DU MARCHE AUX HERBES +13 more
since 2022 · until 2028
since 2023 · until 2029
Pierre Liétear
Managing director
since 2022 · until 2028
since 2022 · until 2028
Shareholders
Pierre Lietaer
75%
Laure Lietaer
25%
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Tentoonstellingslaan 123
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
PHILSTONE same network
€ 709,894 gross margin · 2025
SOGEFIM same network
€ 880,348 gross margin · 2025
Optistone
€ -2,467 gross margin · 2025
HIDROSANITARIA
€ 42,665 gross margin · 2025
ROCK INVEST
€ 142,484 gross margin · 2025
+2 more
Details
- Company number
- 0427.003.007
- VAT number
- BE 0427.003.007
- Registered office
- Tentoonstellingslaan 123, 9000 Gent
- Names & denominations
- CITY CONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 1984
- Peppol
- Active · Active since 27 Aug 2023
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen