Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
CITYHORSE from Kluisbergen, company number BE0823949870, closed financial year 2025 with a result of € 5,840 after tax. For that financial year CITYHORSE recorded a gross margin of € 58,150 and equity of € 102,463. Compared with financial year 2024, the result moved from € 11,881 to € 5,840. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 102,463
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,840
▼ 51% vs 2024
Profit after tax over the fiscal year.
€ 2,907
▼ 87% 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 € 83,863.
People and assets in 2025
€ 154,680
▲ 117% vs 2024
Of which on lease € 151,619.
Debts at end 2025
€ 218,398
▲ 92% vs 2024
€ 53,282 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 29,538
▲ 142% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,314
▼ 47% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,892 | € 63,486 | € 65,395 | € 58,150 | ▼ 11% |
| Profit after taxes | € 9,602 | € 7,518 | € 11,881 | € 5,840 | ▼ 51% |
| Equity | € 77,225 | € 84,743 | € 96,624 | € 102,463 | ▲ 6% |
| Total debts | € 147,358 | € 181,203 | € 192,850 | € 258,250 | ▲ 34% |
| Cash | € 1,040 | € 1,507 | € 21,798 | € 2,907 | ▼ 87% |
| Retained profit | € 58,625 | € 66,143 | € 78,024 | € 83,863 | ▲ 7% |
| Bank debt | € 41,285 | € 58,140 | € 113,933 | € 218,398 | ▲ 92% |
| Balance sheet total | € 224,583 | € 265,946 | € 289,474 | € 360,713 | ▲ 25% |
Key figures of CITYHORSE, 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 CITYHORSE?
What happened at CITYHORSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,840 (▼ 51% vs 2024). Source: NBB ↗
- New establishment in Kluisbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,602 profit in 2022 to € 5,840 profit in 2025.
Paid € 19,610 in corporate taxes since 2022.
Best year ever: 2024, with € 11,881 profit.
Establishments
Establishment units
Physical locations of this company
Driesstraat 5
9690 Kluisbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0823.949.870
- VAT number
- BE 0823.949.870
- Registered office
- Driesstraat 5, 9690 Kluisbergen
- Names & denominations
- CITYHORSE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 2010
- Peppol
- Active · Active since 14 Apr 2025
- Contact
- [email protected] 0474962749
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