Financials
Financial year 2025
Citybox Brussels from Sint-Gillis (bij-Brussel), company number BE0793236801, closed financial year 2025 with a result of € 439,924 after tax. For that financial year Citybox Brussels recorded a gross margin of € 1.5 million and equity of € 537,500. Compared with financial year 2024, the result moved from € 149,884 to € 439,924. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 537,500
▲ € 439,924 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 439,924
▲ 194% vs 2024
Profit after tax over the fiscal year.
€ 784,236
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 537,400.
People and assets in 2025
7.4
▲ 3.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 496,828
▲ 87% vs 2024
€ 67,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 967,120
▲ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2,183
▲ € 1,787 vs 2024
Loans from banks and other lenders, long and short.
€ 696,073
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 132,629
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -51,694 | € 647,160 | € 1,525,068 | ▲ 136% |
| Profit after taxes | € -52,407 | € 149,884 | € 439,924 | ▲ 194% |
| Equity | € -52,307 | € 97,576 | € 537,500 | ▲ € 439,924 |
| Total debts | € 151,941 | € 2,588,235 | € 1,856,970 | ▼ 28% |
| Cash | € 13,769 | € 607,048 | € 784,236 | ▲ 29% |
| Retained profit | € -52,407 | € 97,476 | € 537,400 | ▲ € 439,924 |
| Bank debt | € 0 | € 396 | € 2,183 | ▲ € 1,787 |
| Balance sheet total | € 99,634 | € 2,685,811 | € 2,394,470 | ▼ 11% |
| Employees (FTE) | - | 4.1 | 7.4 | ▲ 3.3 |
Key figures of Citybox Brussels, 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 Citybox Brussels?
What happened at Citybox Brussels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 439,924 (▲ 194% vs 2024). Source: NBB ↗
- Håvard Elnan became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Martin Smith-Sivertsen became a director. NBB
- Eivind Hjulstad became a director. NBB
In short
From € 52,407 loss in 2023 to € 439,924 profit in 2025.
Paid € 189,421 in corporate taxes since 2023.
Best year ever: 2025, with € 439,924 profit.
On average € 206,100 of value added per employee in 2025.
Management
Behind Citybox Brussels are Håvard Elnan, Martin Smith-Sivertsen and Eivind Hjulstad. The same people are also behind Citybox Antwerpen.
Directors
According to the 2025 annual accounts
since 2024
since 2022
since 2022
Establishments
Establishment units
Physical locations of this company
Charleroise Steenweg 17
1060 Sint-Gillis (bij-Brussel)
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Citybox A/S(oprichter) 100%
Details
- Company number
- 0793.236.801
- VAT number
- BE 0793.236.801
- Registered office
- Charleroise Steenweg 17, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- Citybox Brussels
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 November 2022
- Peppol
- Active · Active since 28 May 2024
- Activities · NACE
Hotels en dergelijke accommodatie