What is the address of Cityforward?

The registered office of Cityforward is located at Koningsstraat 47, 1000 Brussel.

Is Cityforward still active?

Yes. According to the CBE (29 October 2026) Cityforward is active, legal situation “Normale toestand”, started on 5 April 2022.

Is Cityforward registered on Peppol?

Yes, Cityforward is registered on the Peppol network with ID 0208:0784472652.

What is the enterprise number of Cityforward?

The enterprise number of Cityforward is BE0784472652.

When was Cityforward founded?

Cityforward was founded on 5 April 2022.

Who are the directors of Cityforward?

According to the 2025 annual accounts, the directors of Cityforward are: Whitewood Operations NV.

Is Cityforward a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 April 2022; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Cityforward make in 2025?

Cityforward recorded a loss after taxes of € 40,716,266 in financial year 2025.

What is the revenue of Cityforward?

As a small company, Cityforward is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -1,015,388.

Cityforward - Brussel - BE0784472652

Q: What does Cityforward do?

Cityforward is registered with the CBE as active in: Overige dienstverlenende activiteiten op het gebied van informatie. Limited partnership, started on 5 April 2022, 1 establishment.

Dossier Cityforward, printed on 29 October 2026 from databakkes.be/en/0784472652/cityforward. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

49 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Cityforward from Brussel, company number BE0784472652, closed financial year 2025 with a result of € -40.7 million after tax. For that financial year Cityforward recorded a gross margin of € -1 million and equity of € 322.1 million. Compared with financial year 2024, the result moved from € -28.4 million to € -40.7 million. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.

What it is worth Growing

€ 322.1 million

▲ 22% vs 2024

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

Loss Caution

€ -40.7 million

▼ 43 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 208,876

▼ 20% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -76.6 million.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 389 million

▲ 9% vs 2024

€ 74 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 143,055

▼ 80% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -866,254 Gross margin 2022: € -866,254 First fiscal year in the series	€ -3,002,306 Gross margin 2023: € -3,002,306 ▼ € 2.1 million vs 2022 (€ -866,254) Unfavourable step	€ -230,796 Gross margin 2024: € -230,796 ▲ € 2.8 million vs 2023 (€ -3,002,306) Favourable step	€ -1,015,388 Gross margin 2025: € -1,015,388 ▼ € 784,592 vs 2024 (€ -230,796) Unfavourable step	▼ € 784,592
Profit after taxes	€ 986,998 Profit after taxes 2022: € 986,998 First fiscal year in the series	€ -17,282,821 Profit after taxes 2023: € -17,282,821 ▼ € 18.3 million vs 2022 (€ 986,998) Unfavourable step	€ -28,448,483 Profit after taxes 2024: € -28,448,483 ▼ € 11.2 million vs 2023 (€ -17,282,821) Unfavourable step	€ -40,716,266 Profit after taxes 2025: € -40,716,266 ▼ € 12.3 million vs 2024 (€ -28,448,483) Unfavourable step	▼ € 12.3 million
Equity	€ 101,986,998 Equity 2022: € 101,986,998 First fiscal year in the series	€ 93,533,643 Equity 2023: € 93,533,643 ▼ 8% vs 2022 (€ 101,986,998) Unfavourable step	€ 265,110,160 Equity 2024: € 265,110,160 ▲ 183% vs 2023 (€ 93,533,643) Favourable step	€ 322,149,894 Equity 2025: € 322,149,894 ▲ 22% vs 2024 (€ 265,110,160) Favourable step	▲ 22%
Total debts	€ 13,095,617 Total debts 2022: € 13,095,617 First fiscal year in the series	€ 92,313,135 Total debts 2023: € 92,313,135 ▲ € 79.2 million vs 2022 (€ 13,095,617) Unfavourable step	€ 371,866,904 Total debts 2024: € 371,866,904 ▲ € 279.6 million vs 2023 (€ 92,313,135) Unfavourable step	€ 424,561,835 Total debts 2025: € 424,561,835 ▲ 14% vs 2024 (€ 371,866,904) Unfavourable step	▲ 14%
Cash	€ 875,696 Cash 2022: € 875,696 First fiscal year in the series	€ 36,237 Cash 2023: € 36,237 ▼ 96% vs 2022 (€ 875,696) Unfavourable step	€ 261,801 Cash 2024: € 261,801 ▲ € 225,564 vs 2023 (€ 36,237) Favourable step	€ 208,876 Cash 2025: € 208,876 ▼ 20% vs 2024 (€ 261,801) Unfavourable step	▼ 20%
Retained profit	€ 986,998 Retained profit 2022: € 986,998 First fiscal year in the series	€ -7,466,357 Retained profit 2023: € -7,466,357 ▼ € 8.5 million vs 2022 (€ 986,998) Unfavourable step	€ -35,914,840 Retained profit 2024: € -35,914,840 ▼ € 28.4 million vs 2023 (€ -7,466,357) Unfavourable step	€ -76,631,106 Retained profit 2025: € -76,631,106 ▼ € 40.7 million vs 2024 (€ -35,914,840) Unfavourable step	▼ € 40.7 million
Bank debt	€ 9,500,000 Bank debt 2022: € 9,500,000 First fiscal year in the series	€ 80,353,214 Bank debt 2023: € 80,353,214 ▲ € 70.9 million vs 2022 (€ 9,500,000) Unfavourable step	€ 357,269,028 Bank debt 2024: € 357,269,028 ▲ € 276.9 million vs 2023 (€ 80,353,214) Unfavourable step	€ 389,013,228 Bank debt 2025: € 389,013,228 ▲ 9% vs 2024 (€ 357,269,028) Unfavourable step	▲ 9%
Balance sheet total	€ 115,082,614 Balance sheet total 2022: € 115,082,614 First fiscal year in the series	€ 185,846,778 Balance sheet total 2023: € 185,846,778 ▲ 61% vs 2022 (€ 115,082,614) Unchanged	€ 636,977,064 Balance sheet total 2024: € 636,977,064 ▲ 243% vs 2023 (€ 185,846,778) Unchanged	€ 746,711,728 Balance sheet total 2025: € 746,711,728 ▲ 17% vs 2024 (€ 636,977,064) Unchanged	▲ 17%

Key figures of Cityforward, 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 Cityforward?

What happened at Cityforward in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 30, 2026 New annual accounts for financial year 2025: loss of € 40.7 million. Source: NBB ↗
Apr 5, 2022 New establishment in Brussel. KBO
Apr 5, 2022 Start of the company according to the CBE. KBO
2022 Whitewood Operations NV became a director. NBB

In short

From € 986,998 profit in 2022 to € 40.7 million loss in 2025.

Paid € 376,154 in corporate taxes since 2022.

Best year ever: 2022, with € 986,998 profit.

Original PDFs at the National Bank ↗

Management

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT 37.6%

The stake of SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Cityforward

Egmont Luxemburg S.A.R.L. 100%

Cityforward Schuman Holdco 100%

Bolivar JV Bel 100%

Tower Bel 49.5%

Behind Cityforward is Whitewood Operations NV. The shares are held by SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT (37.6%). It owns 100% of Egmont Luxemburg S.A.R.L., 100% of Cityforward Schuman Holdco, 100% of Bolivar JV Bel and 49.5% of Tower Bel itself.

Directors

According to the 2025 annual accounts

Whitewood Operations NV

Director · represented by Frederic Van der Planken

Also active at: Whitewood Property Management, WHITEWOOD INVESTORS, Bolivar JV Bel, Whitewood Logistics, WHITEWOOD PRIVAK, Cityforward Schuman HoldCo, Belgian Green Building Council

since 2022

Shareholders

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

37.6%

Participations

Egmont Luxemburg S.A.R.L.

100%

Cityforward Schuman Holdco

100%

Bolivar JV Bel

100%

Tower Bel

49.5%

Establishments

Establishment units

Physical locations of this company

Registered office

Koningsstraat 47

1000 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.

All companies at this address →

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Vereniging van Vlaamse Mandatarissen

+44 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0784.472.652

VAT number

BE 0784.472.652

Registered office

Koningsstraat 47, 1000 Brussel

Names & denominations

Cityforward

Enterprise type

Rechtspersoon

Legal form

Limited partnership

Legal situation

Normale toestand

Start date

5 April 2022

Peppol

Active · Active since 6 Mar 2026

Activities · NACE

Overige dienstverlenende activiteiten op het gebied van informatie

Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.

Activiteiten van holdings

Overige zakelijke dienstverlening, neg

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

Cityforward

Warning lights

Financials

What happened to Cityforward?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions