Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
City Properties from Gent, company number BE0506686923, closed financial year 2024 with a result of € -124,036 after tax. For that financial year City Properties recorded a gross margin of € 7,783 and equity of € 189,683. Compared with financial year 2023, the result moved from € -81,121 to € -124,036. 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 November 24, 2025.
€ 189,683
▼ 40% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -124,036
▼ 53 % more loss than in 2023
Profit after tax over the fiscal year.
€ 1,328
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 171,083.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2024
€ 1.9 million
Loans from banks and other lenders, long and short.
€ 2,660
▼ 55% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 15,206 | € 6,315 | € 23,323 | € 7,783 | ▼ 67% |
| Profit after taxes | € -31,981 | € -73,180 | € -81,121 | € -124,036 | ▼ € 42,915 |
| Equity | € 468,019 | € 394,839 | € 313,718 | € 189,683 | ▼ 40% |
| Total debts | € 3,020,756 | € 2,980,125 | € 3,005,173 | € 3,004,861 | |
| Cash | € 253,059 | € 154,498 | - | € 1,328 | |
| Retained profit | € 449,419 | € 376,239 | € 295,118 | € 171,083 | ▼ 42% |
| Bank debt | € 1,916,880 | € 1,916,880 | € 1,916,880 | € 1,916,880 | |
| Balance sheet total | € 3,488,775 | € 3,374,964 | € 3,318,892 | € 3,194,544 | ▼ 4% |
Key figures of City Properties, fiscal years 2021 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 Properties?
What happened at City Properties in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 124,036. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,981 loss in 2021 to € 124,036 loss in 2024.
A new publication or filing at City Properties? 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 J.V.D. Holding, PHILSTONE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
City PropertiesBehind City Properties are J.V.D. Holding BVBA and PHILSTONE NV. The shares are held by J.V.D. Holding (50%) and PHILSTONE (50%).
Directors
According to the 2024 annual accounts
Director · represented by Joris VAN DUFFEL
Also active at: FILIM, BLUE TOWER, City Build, URBANLAND, CENTAUR, CityLink, E-L BOUWPARTNERS, Citylink Construct +1 more
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kouter 158 box 501
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →Brede Visie op Cultuur - Broad Vision on Culture
THE LINEN HOUSE
€ 511 gross margin · 2025
City Build same network
€ -28,472 gross margin · 2024
PROXY KOUTER
€ 480,696 gross margin · 2025
Hoofdvereniging van mede-eigenaars van het handels-, woon- en jeugdverblijfcomplex te Gent, Kouter 158
+7 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
- 0506.686.923
- VAT number
- BE 0506.686.923
- Registered office
- Kouter 158 bus 501, 9000 Gent
- Names & denominations
- City Properties
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 2014
- Peppol
- Active · Active since 27 Mar 2026