Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
CITY PLUS from Antwerpen, company number BE0477407571, closed financial year 2024 with a result of € 17,989 after tax. For that financial year CITY PLUS recorded a gross margin of € 363,768 and equity of € 1.8 million. Compared with financial year 2023, the result moved from € 74,724 to € 17,989. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 1.8 million
▼ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,989
▼ 76% vs 2023
Profit after tax over the fiscal year.
€ 3,444
▼ 56% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 234,548.
People and assets in 2024
€ 18,995
▼ 43% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,660
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 3.3 million
▼ 15% vs 2023
€ 73,243 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 132,694
▼ 44% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 5,288
▼ 92% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 311,872 | € 599,334 | € 363,768 | ▼ 39% |
| Profit after taxes | € 129,763 | € 74,724 | € 17,989 | ▼ 76% |
| Equity | € 2,176,071 | € 1,945,356 | € 1,799,469 | ▼ 7% |
| Total debts | € 6,494,820 | € 6,877,194 | € 5,351,897 | ▼ 22% |
| Cash | € 329,455 | € 7,763 | € 3,444 | ▼ 56% |
| Land & buildings | € 4,765,740 | € 3,835,462 | € 3,115,781 | ▼ 19% |
| Retained profit | € 141,835 | € 216,559 | € 234,548 | ▲ 8% |
| Bank debt | € 4,384,318 | € 3,901,396 | € 3,304,947 | ▼ 15% |
| Balance sheet total | € 8,783,658 | € 8,930,193 | € 7,255,592 | ▼ 19% |
| Employees (FTE) | 1.2 | 0.5 | - |
Key figures of CITY PLUS, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to CITY PLUS?
What happened at CITY PLUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 17,989 (▼ 76% vs 2023). filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 129,763 profit in 2022 to € 17,989 profit in 2024.
Paid € 26,026 in corporate taxes since 2022.
Best year ever: 2022, with € 129,763 profit.
On average € 259,900 of value added per employee in 2022.
A new publication or filing at CITY PLUS? 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 stake of INICIO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CITY PLUSBehind CITY PLUS are Stéphane Valcke and Inicio BV. The shares are held by INICIO (86%).
Directors
According to the 2024 annual accounts
Director · represented by Francine Eykerman
Shareholders
86%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Molenstraat 52
2018 Antwerpen
Lange Lozanastraat 152
2018 Antwerpen
Active since 12 June 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →CITYLIFE PROJECTS same network
€ 164,595 gross margin · 2024
HOLDING VAN BAEL
CLAUDED
€ -15,238 gross margin · 2024
Cityworkers
€ -88,277 gross margin · 2024
INICIO same network
€ 8,672 gross margin · 2025
+1 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
- 0477.407.571
- VAT number
- BE 0477.407.571
- Registered office
- Molenstraat 52, 2018 Antwerpen
- Names & denominations
- CITY PLUS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 2002
- Peppol
- Active · Active since 29 Nov 2025
- Activities · NACE
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