Financials
Financial year 2025
Citadel Finance from Gent, company number BE0447332425, closed financial year 2025 with a result of € 279,102 after tax. For that financial year Citadel Finance recorded a gross margin of € 1.1 million and equity of € 12.8 million. Compared with financial year 2024, the result moved from € 198,832 to € 279,102. Profitable, and profit is growing. 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 2, 2026.
€ 12.8 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 279,102
▲ 40% vs 2024
Profit after tax over the fiscal year.
€ 425,155
▼ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.5 million.
Debts at end 2025
€ 2.5 million
€ 533,252 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 271,482
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,720
▼ 29% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,018,019 | € 1,129,735 | € 994,927 | € 1,128,466 | ▲ 13% |
| Profit after taxes | € 317,341 | € 263,976 | € 198,832 | € 279,102 | ▲ 40% |
| Equity | € 11,598,572 | € 11,862,548 | € 12,061,380 | € 12,844,502 | ▲ 6% |
| Total debts | € 3,584,976 | € 3,336,374 | € 3,022,600 | € 2,813,989 | ▼ 7% |
| Cash | € 2,264,086 | € 1,955,386 | € 1,216,115 | € 425,155 | ▼ 65% |
| Land & buildings | € 2,949,886 | € 2,466,745 | € 1,983,490 | € 1,500,249 | ▼ 24% |
| Retained profit | € 1,728,099 | € 1,992,075 | € 2,190,907 | € 2,470,009 | ▲ 13% |
| Bank debt | € 3,248,835 | € 2,863,480 | € 2,465,410 | € 2,474,178 | |
| Balance sheet total | € 15,183,548 | € 15,198,922 | € 15,083,980 | € 15,658,491 | ▲ 4% |
Key figures of Citadel Finance, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Citadel Finance?
What happened at Citadel Finance in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jenna Boeve stepped down as director. NBB
- Paul Teerlinck stepped down as director. NBB
- Sofie Bracke stepped down as director. NBB
- Aljosja Van der Straeten stepped down as director. NBB
- Christophe Peeters stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 279,102 (▲ 40% vs 2024). Source: NBB ↗
- Karel De Bondt stepped down as director. NBB
- Sami Souguir stepped down as director. NBB
In short
From € 317,341 profit in 2022 to € 279,102 profit in 2025.
Paid € 339,454 in corporate taxes since 2022.
Best year ever: 2022, with € 317,341 profit.
Management
The shares are held by Sogent (100%).
Directors
According to the 2025 annual accounts
Sami Souguir
Director
Also active at: Stadsontwikkeling Gent (sogent), THUISPUNT GENT, Investeringsmaatschappij Modest, WAALSE KROOK, Grondbank The Loop, Opera Ballet Vlaanderen
since 2020 · until 2025
Christianne Maryns Van Autreve
Director
since 2021 · until 2025
Jenna Boeve
Director
since 2021 · until 2031
Bram Van Braeckevelt
Director
Also active at: Intergemeentelijke Vereniging voor Afvalbeheer in Gent en Omstreken, Integratie en inburgering Gent
since 2020 · until 2025
Filip Van Laecke
Director
Also active at: THUISPUNT GENT, Toerisme Oost-Vlaanderen, Centrum Ronde van Vlaanderen VZW, Creat, Vlaams Datanutsbedrijf, Eiland Zwijnaarde, Associatie Universiteit Gent
since 2020 · until 2025
since 2025 · until 2031
Sofie Bracke
Director
Also active at: INTERGEMEENTELIJKE SAMENWERKING WESTLEDE, Intergemeentelijke Vereniging voor Afvalbeheer in Gent en Omstreken, Toerisme Oost-Vlaanderen, Centrum voor Informatica – Oplossingen – Ondersteuning – Overheid, INCUBATIE- EN INNOVATIECENTRUM UNIVERSITEIT, Maatschappij voor Industriële Ontwikkeling te Zwijnaarde, Creat Services, Together for Entrepreneurship, Networking and Technology +3 more
since 2025 · until 2031
Aljosja Van der Straeten
Director
since 2025 · until 2031
Karel De Bondt
Director
since 2020 · until 2026
Christophe Peeters
Chairman of the board
since 2020 · until 2031
since 2021 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Voldersstraat 1
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Stadsontwikkeling Gent (sogent) same network
€ 13.1 million revenue · 2025
Verbroedering der Registratiebedienden
Maatschappij voor Industriële Ontwikkeling te Zwijnaarde same network
€ 57,375 revenue · 2025
Investeringsmaatschappij Modest same network
€ 241,973 gross margin · 2025
Huuringent
€ 101,001 gross margin · 2025
+4 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
- 0447.332.425
- VAT number
- BE 0447.332.425
- Registered office
- Voldersstraat 1, 9000 Gent
- Names & denominations
- Citadel Finance
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 May 1992
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Financiële lease
Financiële leasing
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