Financials
Financial year 2025
Worth noting
- More debts than assets in the latest financial year.
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Gross margin
€ -8,997
▼ 28% vs 2024
Profit
Caution€ -52,791
▼ 7% vs 2024
Debts
High€ 1.1 million
▲ 14% vs 2024
City Development Group from Antwerpen, company number BE0738429524, closed financial year 2025 with a result of € -52,791 after tax. For that financial year City Development Group recorded a gross margin of € -8,997 and equity of € -246,563. Compared with financial year 2024, the result moved from € -49,435 to € -52,791. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
What happened at City Development Group?
What happened at City Development Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 52,791. filed late Source: NBB ↗
- Glenn Versieck stepped down as director. NBB
- Xavier Painblanc became a director. NBB
- New establishment in Antwerpen. KBO
- Robert Van de Velde became a director. NBB
- Glenn Versieck became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 56,756 loss in 2021 to € 52,791 loss in 2025.
Paid € 261 in corporate taxes since 2021.
On average € 11,100 of value added per employee in 2022.
A new publication or filing at City Development Group? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Behind City Development Group are Robert Van de Velde and Xavier Painblanc. The same people are also behind the business development group, hoeve loteling, VITAMO, BBQ'tje and Bouw & Promotie Jordaenskaai.
Directors
According to the 2025 annual accounts
since 2019
since 2021
Glenn Versieck
Director
since 2019 · until 2024
Establishments
Establishment units
Physical locations of this company
Grotesteenweg 455
2600 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
Details
- Company number
- 0738.429.524
- VAT number
- BE 0738.429.524
- Registered office
- Grotesteenweg 455, 2600 Antwerpen
- Names & denominations
- City Development Group · CDG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2019
- Peppol
- Active · Active since 15 Sept 2025
- Activities · NACE
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