What does The City Is Smart do?

The City Is Smart is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”, a code that says little about what the company actually does. Public Limited, started on 16 December 2020, 1 establishment.

What is the address of The City Is Smart?

The registered office of The City Is Smart is located at Karel De Bondtlaan 25, 9031 Gent.

Is The City Is Smart still active?

Yes. According to the CBE (29 September 2026) The City Is Smart is active, legal situation “Normale toestand”, started on 16 December 2020.

Is The City Is Smart registered on Peppol?

Yes, The City Is Smart is registered on the Peppol network with ID 0208:0759863653.

What is the enterprise number of The City Is Smart?

The enterprise number of The City Is Smart is BE0759863653.

When was The City Is Smart founded?

The City Is Smart was founded on 16 December 2020.

Who are the directors of The City Is Smart?

According to the 2025 annual accounts, the directors of The City Is Smart are: Xavier Cappelle.

Is The City Is Smart a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 December 2020; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did The City Is Smart make in 2025?

The City Is Smart posted a profit after taxes of € 153,910 in financial year 2025.

What is the revenue of The City Is Smart?

As a small company, The City Is Smart is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 241,005.

The City Is Smart (Public Limited) - Gent - BE0759863653

Dossier The City Is Smart, printed on 29 September 2026 from databakkes.be/en/0759863653/the-city-is-smart. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 2 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

The City Is Smart from Gent, company number BE0759863653, closed financial year 2025 with a result of € 153,910 after tax. For that financial year The City Is Smart recorded a gross margin of € 241,005 and equity of € -846,055. Compared with financial year 2024, the result moved from € -1.2 million to € 153,910. Profitable, and profit is growing. 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 February 19, 2026.

What it is worth Caution

€ -846,055

▲ € 153,910 vs 2024

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

Profit Growing

€ 153,910

▲ still € 1.2 million loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,456

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -946,055.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 62,474

▲ 103% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 99,007

▼ 93% vs 2024

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

Taxes

€ 200,692

▲ € 198,192 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 125,928 Gross margin 2022: € 125,928 First fiscal year in the series	€ 169,879 Gross margin 2023: € 169,879 ▲ 35% vs 2022 (€ 125,928) Favourable step	€ 72,346 Gross margin 2024: € 72,346 ▼ 57% vs 2023 (€ 169,879) Unfavourable step	€ 241,005 Gross margin 2025: € 241,005 ▲ 233% vs 2024 (€ 72,346) Favourable step	▲ 233%
Profit after taxes	€ 17,244 Profit after taxes 2022: € 17,244 First fiscal year in the series	€ 47,415 Profit after taxes 2023: € 47,415 ▲ 175% vs 2022 (€ 17,244) Favourable step	€ -1,164,624 Profit after taxes 2024: € -1,164,624 ▼ € 1.2 million vs 2023 (€ 47,415) Unfavourable step	€ 153,910 Profit after taxes 2025: € 153,910 ▲ € 1.3 million vs 2024 (€ -1,164,624) Favourable step	▲ € 1.3 million
Equity	€ 117,244 Equity 2022: € 117,244 First fiscal year in the series	€ 164,659 Equity 2023: € 164,659 ▲ 40% vs 2022 (€ 117,244) Favourable step	€ -999,965 Equity 2024: € -999,965 ▼ € 1.2 million vs 2023 (€ 164,659) Unfavourable step	€ -846,055 Equity 2025: € -846,055 ▲ € 153,910 vs 2024 (€ -999,965) Favourable step	▲ € 153,910
Total debts	€ 562,597 Total debts 2022: € 562,597 First fiscal year in the series	€ 552,176 Total debts 2023: € 552,176 ▼ 2% vs 2022 (€ 562,597) Favourable step	€ 2,665,059 Total debts 2024: € 2,665,059 ▲ € 2.1 million vs 2023 (€ 552,176) Unfavourable step	€ 1,008,475 Total debts 2025: € 1,008,475 ▼ 62% vs 2024 (€ 2,665,059) Favourable step	▼ 62%
Cash	€ 3,673 Cash 2022: € 3,673 First fiscal year in the series	€ 0 Cash 2023: € 0 ▼ 100% vs 2022 (€ 3,673) Unfavourable step	-	€ 1,456 Cash 2025: € 1,456 First fiscal year in the series
Land & buildings	€ 588,437 Land & buildings 2022: € 588,437 First fiscal year in the series	€ 583,569 Land & buildings 2023: € 583,569 ▼ 1% vs 2022 (€ 588,437) Unchanged	€ 578,701 Land & buildings 2024: € 578,701 ▼ 1% vs 2023 (€ 583,569) Unchanged	€ 0 Land & buildings 2025: € 0 ▼ 100% vs 2024 (€ 578,701) Unchanged	▼ 100%
Retained profit	€ 17,244 Retained profit 2022: € 17,244 First fiscal year in the series	€ 64,659 Retained profit 2023: € 64,659 ▲ 275% vs 2022 (€ 17,244) Favourable step	€ -1,099,965 Retained profit 2024: € -1,099,965 ▼ € 1.2 million vs 2023 (€ 64,659) Unfavourable step	€ -946,055 Retained profit 2025: € -946,055 ▲ € 153,910 vs 2024 (€ -1,099,965) Favourable step	▲ € 153,910
Bank debt	€ 425,000 Bank debt 2022: € 425,000 First fiscal year in the series	€ 426,579 Bank debt 2023: € 426,579 Unchanged (€ 425,000) Unfavourable step	€ 424,492 Bank debt 2024: € 424,492 Unchanged (€ 426,579) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 424,492) Favourable step	▼ 100%
Balance sheet total	€ 679,841 Balance sheet total 2022: € 679,841 First fiscal year in the series	€ 716,836 Balance sheet total 2023: € 716,836 ▲ 5% vs 2022 (€ 679,841) Unchanged	€ 1,665,094 Balance sheet total 2024: € 1,665,094 ▲ 132% vs 2023 (€ 716,836) Unchanged	€ 162,421 Balance sheet total 2025: € 162,421 ▼ 90% vs 2024 (€ 1,665,094) Unchanged	▼ 90%

Key figures of The City Is Smart, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to The City Is Smart?

What happened at The City Is Smart in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Feb 19, 2026 New annual accounts for financial year 2025: profit of € 153,910. filed late Source: NBB ↗
Dec 17, 2020 New establishment in Gent. KBO
Dec 16, 2020 Start of the company according to the CBE. KBO

In short

From € 17,244 profit in 2022 to € 153,910 profit in 2025.

Paid € 23,178 in corporate taxes since 2022.

Best year ever: 2025, with € 153,910 profit.

Original PDFs at the National Bank ↗

A new publication or filing at The City Is Smart? We notify you, reason included.

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My folder 3 companies

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%

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