Financials
Financial year 2024
SUBCITY from Evere, company number BE0683963331, closed financial year 2024 with a result of € 109,170 after tax. For that financial year SUBCITY recorded a gross margin of € 176,947 and equity of € 54,227. Compared with financial year 2023, the result moved from € 129,829 to € 109,170. 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 July 28, 2025.
€ 54,227
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 109,170
▼ 16% vs 2023
Profit after tax over the fiscal year.
€ 132,708
▲ 130% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 109,170 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
€ 27,613
▼ 41% vs 2023
Of which on lease € 11,250.
Debts at end 2024
€ 11,583
▼ 36% vs 2023
€ 6,842 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 23,738
▼ 19% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 47,425
▼ 2% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 232,137 | € 152,252 | € 210,040 | € 176,947 | ▼ 16% |
| Profit after taxes | € 150,143 | € 83,822 | € 129,829 | € 109,170 | ▼ 16% |
| Equity | € 20,405 | € 44,227 | € 54,227 | € 54,227 | |
| Total debts | € 442,907 | € 197,854 | € 219,385 | € 293,515 | ▲ 34% |
| Cash | € 241,491 | € 57,963 | € 57,583 | € 132,708 | ▲ 130% |
| Retained profit | € 1,855 | € 25,677 | € 35,677 | € 35,677 | |
| Dividend | € 375,516 | € 60,000 | € 119,829 | € 109,170 | ▼ 9% |
| Bank debt | € 30,306 | € 24,352 | € 18,115 | € 11,583 | ▼ 36% |
| Balance sheet total | € 463,312 | € 242,081 | € 273,612 | € 347,743 | ▲ 27% |
Key figures of SUBCITY, 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 SUBCITY?
What happened at SUBCITY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 109,170 (▼ 16% vs 2023). Source: NBB ↗
- New establishment in Evere. KBO
- Start of the company according to the CBE. KBO
In short
From € 150,143 profit in 2021 to € 109,170 profit in 2024.
Paid € 141,683 in corporate taxes since 2021.
Best year ever: 2021, with € 150,143 profit.
Paid out € 664,515 in dividends to the owners in total.
A new publication or filing at SUBCITY? 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
Behind SUBCITY are Mathieu MAEREVOET, Philippe MAEREVOET and Bruno DESMET.
Directors
According to the 2024 annual accounts
Mathieu MAEREVOET
Director
Philippe MAEREVOET
Director
Bruno DESMET
Director
Establishments
Establishment units
Physical locations of this company
Begeertenlaan 20
1140 Evere
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
AS-HOSTINGER, CY
Website info
Features
Security
Details
- Company number
- 0683.963.331
- VAT number
- BE 0683.963.331
- Registered office
- Begeertenlaan 20, 1140 Evere
- Names & denominations
- SUBCITY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2017
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- subcity.be [email protected]
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