Financials
Financial year 2025
City Shopping Center from Destelbergen, company number BE0451015653, closed financial year 2025 with a result of € 3.8 million after tax. For that financial year City Shopping Center recorded a gross margin of € 5.5 million and equity of € 4.9 million. Compared with financial year 2024, the result moved from € 10,347 to € 3.8 million. 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 May 4, 2026.
€ 4.9 million
▲ € 3.8 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.8 million
▲ € 3.8 million vs 2024
Profit after tax over the fiscal year.
€ 4.4 million
▲ € 4.4 million 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 € 3.9 million.
People and assets in 2025
€ 2,240
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 632
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 116,077
▲ € 114,291 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 77,943 | € 85,854 | € 58,302 | € 5,530,951 | ▲ € 5.5 million |
| Profit after taxes | € 37,354 | € 41,454 | € 10,347 | € 3,805,379 | ▲ € 3.8 million |
| Equity | € 1,017,519 | € 1,058,972 | € 1,069,319 | € 4,874,698 | ▲ € 3.8 million |
| Total debts | € 23,585 | € 29,120 | € 24,851 | € 120,278 | ▲ € 95,427 |
| Cash | € 196,272 | € 261,668 | € 26,831 | € 4,438,682 | ▲ € 4.4 million |
| Land & buildings | € 848,799 | € 827,915 | € 800,143 | € 514,141 | ▼ 36% |
| Retained profit | € -6,033 | € 35,420 | € 45,767 | € 3,851,146 | ▲ € 3.8 million |
| Balance sheet total | € 1,051,065 | € 1,094,893 | € 1,097,810 | € 4,994,976 | ▲ € 3.9 million |
Key figures of City Shopping Center, 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 City Shopping Center?
What happened at City Shopping Center in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3.8 million (▲ € 3.8 million vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 37,354 profit in 2022 to € 3.8 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 3.8 million profit.
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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
Behind City Shopping Center are Michel Mahy, Christiane De Brauwere, Inge Mahy and Annik Mahy.
Directors
According to the 2025 annual accounts
Michel Mahy
Director
Christiane De Brauwere
Director
Inge Mahy
Director
Annik Mahy
Director
Establishments
Establishment units
Physical locations of this company
Petegemstraat 4
9070 Destelbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.015.653
- VAT number
- BE 0451.015.653
- Registered office
- Petegemstraat 4, 9070 Destelbergen
- Names & denominations
- City Shopping Center
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 1993
- Peppol
- Active · Active since 20 Nov 2025