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
38 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CITCO Belgium from Etterbeek, company number BE0461126122, closed financial year 2025 with a result of € 2,359 after tax. For that financial year CITCO Belgium recorded revenue of € 635,989 and equity of € 313,104. Compared with financial year 2024, the result moved from € 24,040 to € 2,359. 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 26, 2026.
€ 313,104
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,359
▼ 90% vs 2024
Profit after tax over the fiscal year.
€ 322,586
▲ 64% 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 € 251,129.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 2,456
▲ 153% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 39,958
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 105,975
▲ 11% 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 | |
|---|---|---|---|---|---|
| Revenue | € 1,087,929 | € 763,022 | € 686,575 | € 635,989 | ▼ 7% |
| Gross margin | € 629,012 | € 168,418 | € 54,343 | € 61,249 | ▲ 13% |
| Profit after taxes | € 176,664 | € -18,268 | € 24,040 | € 2,359 | ▼ 90% |
| Equity | € 304,973 | € 286,705 | € 310,745 | € 313,104 | ▲ 1% |
| Total debts | € 890,206 | € 596,727 | € 478,363 | € 483,079 | ▲ 1% |
| Cash | € 690,615 | € 381,364 | € 196,588 | € 322,586 | ▲ 64% |
| Retained profit | € 242,998 | € 224,730 | € 248,770 | € 251,129 | ▲ 1% |
| Dividend | € 250,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 1,041 | € 0 | € 0 | |
| Balance sheet total | € 1,232,231 | € 883,431 | € 789,108 | € 796,183 | ▲ 1% |
| Employees (FTE) | 1 | 1 | 0 | 0 |
Key figures of CITCO Belgium, 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 CITCO Belgium?
What happened at CITCO Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philippe WITTOCK stepped down as director. NBB
- Huig Johan BRAAMSKAMP stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2,359 (▼ 90% vs 2024). Source: NBB ↗
- Philippe WITTOCK became a director. NBB
- Huig Johan BRAAMSKAMP became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 176,664 profit in 2022 to € 2,359 profit in 2025.
Paid € 77,282 in corporate taxes since 2022.
Best year ever: 2022, with € 176,664 profit.
On average € 168,400 of value added per employee in 2023.
A new publication or filing at CITCO Belgium? 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 Citco Nederland B.V. (100%).
Directors
According to the 2025 annual accounts
Huig Johan BRAAMSKAMP
Managing director
since 2022 · until 2028
Philippe WITTOCK
Director
since 2023 · until 2029
Shareholders
Citco Nederland B.V.
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louis Schmidtlaan 87
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 38 companies are registered at this address.
All companies at this address →Organisatiebureel A.D.
FEDERATION EUROPEENNE DES ASSOCIATIONS DES ETABLISSEMENTS DE CREDIT EUROFINAS ASS INT
€ 462,531 gross margin · 2025
SEGRO BELGIUM
€ -35,308 gross margin · 2025
FEDERATION EUROPEENNE DES ASSOCIATIONS DES ETABLISSEMENTS DE LEASING - EUROPESE FEDERATIE VAN VERENIGINGEN VAN LEASINGONDERNEMINGEN - EUROPEAN FEDERATIONOF LEAS
€ 866,930 gross margin · 2025
IMMOBILIERE PARMA-IMMOBILIEN PARMA
€ -8,614 gross margin · 2025
+33 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
- 0461.126.122
- VAT number
- BE 0461.126.122
- Registered office
- Louis Schmidtlaan 87, 1040 Etterbeek
- Names & denominations
- CITCO Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 1997
- Peppol
- Active · Active since 16 Apr 2026
- Activities · NACE
Activiteiten van holdings
Holdings