Active · per the CBE, 16 September 2026

Citymesh Safety Drones

BE0644634482

Rechtspersoon Private limited company 1 establishment

Citymesh Safety Drones is a telecom company in Sint-Truiden. Private Limited, started on 18 December 2015, 1 establishment.

Lichtenberglaan 1090, 3800 Sint-Truiden

Behind the company: Joeri Tranchet, Luc Vreys.

Active for

10 year, 8 months

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.

  • Tight liquidity NBB

    Cash and receivables cover 13 % of short-term debt in 2024; threshold 65 %.

  • Busy address KBO

    16 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2024

Citymesh Safety Drones from Sint-Truiden, company number BE0644634482, closed financial year 2024 with a result of € -1.3 million after tax. For that financial year Citymesh Safety Drones recorded a gross margin of € -318,253 and equity of € 3.3 million. Compared with financial year 2023, the result moved from € -549,264 to € -1.3 million. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2025.

What it is worth Growing

€ 3.3 million

▲ 130% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.3 million

▼ 128 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 70,482

▼ 65% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.5 million.

People and assets in 2024

Full-time equivalents

9.6

▲ 7.3 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 582,993

▲ 278% vs 2023

€ 60,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 2.9 million

Of which on lease € 2.8 million.

Debts at end 2024

Bank debt ≈ 18 years to go

€ 3.3 million

▲ 116% vs 2023

€ 188,465 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.

Owed to suppliers

€ 2.2 million

▼ 35% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 112,344

▲ 73% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 4,302 € 1,280 € -269,748 € -318,253 ▼ € 48,505
Profit after taxes € -5,398 € -8,196 € -549,264 € -1,251,640 ▼ € 702,375
Equity € 52,313 € 44,117 € 1,444,853 € 3,329,397 ▲ 130%
Total debts € 16,262 € 7,691 € 4,986,525 € 7,859,821 ▲ 58%
Cash € 17,618 € 30,332 € 201,564 € 70,482 ▼ 65%
Retained profit € 2,313 € -5,883 € -281,798 € -1,533,437 ▼ € 1.3 million
Bank debt € 0 € 0 € 1,547,700 € 3,347,374 ▲ 116%
Balance sheet total € 68,574 € 51,808 € 6,431,377 € 11,189,218 ▲ 74%
Employees (FTE) - - 2.3 9.6 ▲ 7.3

Key figures of Citymesh Safety Drones, 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 Citymesh Safety Drones?

What happened at Citymesh Safety Drones in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Mitch De Geest stepped down as director. NBB
  • New annual accounts for financial year 2024: loss of € 1.3 million. Source: NBB ↗
  • Joeri Tranchet became a director. NBB
  • Luc Vreys became a director. NBB
  • Mitch De Geest became a director. NBB
  • New establishment in Oostkamp. KBO
  • Start of the company according to the CBE. KBO

In short

From € 5,398 loss in 2021 to € 1.3 million loss in 2024.

Paid € 1,085 in corporate taxes since 2021.

Management

The stake of Citymesh Navigator comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Citymesh Safety Drones

Behind Citymesh Safety Drones are Joeri Tranchet and Luc Vreys. The shares are held by Citymesh Navigator (93.5%).

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Directors

According to the 2024 annual accounts

Joeri Tranchet

Director

since 2023

Mitch De Geest

Director

since 2022 · until 2028

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Lichtenberglaan 1090

3800 Sint-Truiden

2.248.357.456

Siemenslaan 13

8020 Oostkamp

Active since 18 December 2015

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0644.634.482
VAT number
BE 0644.634.482
Registered office
Lichtenberglaan 1090, 3800 Sint-Truiden
Names & denominations
Citymesh Safety Drones
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
18 December 2015
Peppol
Active · Active since 20 Jan 2026
Activities · NACE

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Overige telecommunicatie

Groothandel in elektronische en telecommunicatieapparatuur en delen daarvan

Frequently asked questions

What does Citymesh Safety Drones do?
Citymesh Safety Drones is a telecom company in Sint-Truiden. Private Limited, started on 18 December 2015, 1 establishment.
What is the address of Citymesh Safety Drones?
The registered office of Citymesh Safety Drones is located at Lichtenberglaan 1090, 3800 Sint-Truiden.
Is Citymesh Safety Drones still active?
Yes. According to the CBE (16 September 2026) Citymesh Safety Drones is active, legal situation “Normale toestand”, started on 18 December 2015.
Is Citymesh Safety Drones registered on Peppol?
Yes, Citymesh Safety Drones is registered on the Peppol network with ID 0208:0644634482.
What is the enterprise number of Citymesh Safety Drones?
The enterprise number of Citymesh Safety Drones is BE0644634482.
When was Citymesh Safety Drones founded?
Citymesh Safety Drones was founded on 18 December 2015.