Financials
Financial year 2025
Worth noting
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Gross margin
€ -1 million
▼ 340% vs 2024
Profit
Caution€ -40.7 million
▼ 43% vs 2024
Debts
Low€ 424.6 million
▲ 14% vs 2024
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 happened at Cityforward?
What happened at Cityforward in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40.7 million. Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
- 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.
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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
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Management
Behind Cityforward is Whitewood Operations NV. 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
Director · represented by Frederic Van der Planken
Also active at: Whitewood Property Management, WHITEWOOD INVESTORS, Bolivar JV Bel +4 more
since 2022
Establishments
Establishment units
Physical locations of this company
Koningsstraat 47
1000 Brussel
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 48 companies are registered at this address.
Banque Jules Joire et Cie
NIEUW - VLAAMSE ALLIANTIE
Vormingscentrum Lodewijk Dosfel
Vlaams Pers-, Radio- en Televisie-Instituut
Vereniging van Vlaamse Mandatarissen
+43 more
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
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Holdings