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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Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Citadel Insurance from Brussel, company number BE0720732863, closed financial year 2025 with a result of € -2,162 after tax. For that financial year Citadel Insurance recorded a gross margin of € 117,461 and equity of € 80,362. Compared with financial year 2025, the result moved from € 208,801 to € -2,162. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2026.
€ 80,362
▼ 3% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,162
▼ still € 208,801 profit in 2025
Profit after tax over the fiscal year.
€ 65,465
▼ 66% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 18,862.
People and assets in 2025
€ 86,574
▼ 18% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,435
▼ 93% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 33,854
▲ 1% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2025 | Change 2025 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,784 | € 75,553 | € 263,279 | € 117,461 | ▼ 55% |
| Profit after taxes | € 5,689 | € 60,559 | € 208,801 | € -2,162 | ▼ € 210,963 |
| Equity | € -186,836 | € -126,278 | € 82,524 | € 80,362 | ▼ 3% |
| Total debts | € 295,994 | € 289,292 | € 304,032 | € 145,290 | ▼ 52% |
| Cash | € 3,535 | € 18,171 | € 191,628 | € 65,465 | ▼ 66% |
| Retained profit | € -248,336 | € -187,778 | € 21,024 | € 18,862 | ▼ 10% |
| Balance sheet total | € 109,158 | € 163,014 | € 386,556 | € 225,652 | ▼ 42% |
Key figures of Citadel Insurance, fiscal years 2023 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 Citadel Insurance?
What happened at Citadel Insurance in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 208,801 (▲ 245% vs 2024). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,689 profit in 2023 to € 2,162 loss in 2025.
Paid € 39,434 in corporate taxes since 2023.
Best year ever: 2025, with € 208,801 profit.
Management
Behind Citadel Insurance are Robberechts Thomas and Van Damme Lionel.
Directors
According to the 2025 annual accounts
Robberechts Thomas
Director
Van Damme Lionel
Director
Establishments
Establishment units
Physical locations of this company
Picardstraat 7 box 100
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
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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
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Microsoft 365
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Website info
Features
Security
Details
- Company number
- 0720.732.863
- VAT number
- BE 0720.732.863
- Registered office
- Picardstraat 7 bus 100, 1000 Brussel
- Names & denominations
- Citadel Insurance
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 2019
- Peppol
- Not registered
- Contact
- citadelinsurance.be