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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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 11.2 to 8.7.
Financials
Financial year 2025
Ciudad from Turnhout, company number BE0698703866, closed financial year 2025 with a result of € 94,957 after tax. For that financial year Ciudad recorded a gross margin of € 670,558 and equity of € 40,000. Compared with financial year 2024, the result moved from € -520 to € 94,957. Profitable, and profit is growing. 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 August 28, 2026.
€ 40,000
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 94,957
▲ still € 520 loss in 2024
Profit after tax over the fiscal year.
€ 134,112
▲ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 94,957 paid out
100 % of the profit went to the shareholders, mostly to Juntos Invest (98 % of the shares). That is where the money ends up.
People and assets in 2025
8.7
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 463,386
▼ 5% vs 2024
€ 53,300 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.
Debts at end 2025
€ 49,896
▼ 56% vs 2024
Loans from banks and other lenders, long and short.
€ 118,050
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 78,175
▲ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 712,149 | € 789,385 | € 569,241 | € 670,558 | ▲ 18% |
| Profit after taxes | € 38,342 | € 88,943 | € -520 | € 94,957 | ▲ € 95,477 |
| Equity | € 109,518 | € 114,315 | € 40,000 | € 40,000 | |
| Total debts | € 530,707 | € 470,495 | € 359,431 | € 357,151 | ▼ 1% |
| Cash | € 126,064 | € 116,106 | € 78,267 | € 134,112 | ▲ 71% |
| Retained profit | € 69,518 | € 74,315 | € 0 | € 0 | |
| Dividend | € 80,000 | € 84,147 | € 73,795 | € 94,957 | ▲ 29% |
| Bank debt | € 156,099 | € 174,464 | € 112,925 | € 49,896 | ▼ 56% |
| Balance sheet total | € 640,225 | € 584,810 | € 399,431 | € 397,151 | ▼ 1% |
| Employees (FTE) | 13.3 | 11.2 | 9.5 | 8.7 | ▼ 0.8 |
Key figures of Ciudad, 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 Ciudad?
What happened at Ciudad in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 94,957. filed late Source: NBB ↗
- New establishment in Turnhout. KBO
- Juntos Invest became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 38,342 profit in 2022 to € 94,957 profit in 2025.
Paid € 91,938 in corporate taxes since 2022.
Best year ever: 2025, with € 94,957 profit.
On average € 77,100 of value added per employee in 2025.
Management
The stake of Juntos Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CiudadBehind Ciudad is Juntos Invest. The shares are held by Juntos Invest (98%).
Directors
According to the 2025 annual accounts
since 2018
Shareholders
98%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gasthuisstraat 2
2300 Turnhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0698.703.866
- VAT number
- BE 0698.703.866
- Registered office
- Gasthuisstraat 2, 2300 Turnhout
- Names & denominations
- Ciudad
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2018
- Peppol
- Active · Active since 5 Sept 2025
- Activities · NACE
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