Financials
Financial year 2025
Worth noting
- The team shrank two years in a row.
- Little cash and receivables against the short-term debts.
Gross margin
€ 2 million
▲ 9% vs 2024
Profit
Growing€ 85,600
▲ 322% vs 2024
Debts
High€ 3.7 million
▼ 11% vs 2024
THE CITY RENT from Malmedy, company number BE0872106511, closed financial year 2025 with a result of € 85,600 after tax. For that financial year THE CITY RENT recorded a gross margin of € 2 million and equity of € 502,588. Compared with financial year 2024, the result moved from € 20,288 to € 85,600. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 24, 2025.
What happened at THE CITY RENT?
What happened at THE CITY RENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GEHLEN MANAGEMENT SRL stepped down as director. NBB
- Pierre ZAHNEN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 85,600 (▲ 322% vs 2024). Source: NBB ↗
- GEHLEN MANAGEMENT SRL became a director. NBB
- Pierre ZAHNEN became a director. NBB
- New establishment in Theux. KBO
- New establishment in Grâce-Hollogne. KBO
- New establishment in Malmedy. KBO
In short
From € 146,951 profit in 2022 to € 85,600 profit in 2025.
Paid € 76,614 in corporate taxes since 2022.
Best year ever: 2022, with € 146,951 profit.
On average € 95,200 of value added per employee in 2025.
A new publication or filing at THE CITY RENT? We notify you, reason included.
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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
News about who you follow, reason included.
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Management
Directors
According to the 2025 annual accounts
Managing director · represented by Roger GEHLEN
Also active at: UNIMMO, GEHLEN IMMO, ETABLISSEMENTS PAULY - ANDRIANNE +32 more
since 2023 · until 2029
Pierre ZAHNEN
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Avenue du Pont de Warche 17
4960 Malmedy
Rue du Terril 6
4460 Grâce-Hollogne
Active since 19 June 2015
Chaussée de Verviers 181 box A
4910 Theux
Active since 8 April 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0872.106.511
- VAT number
- BE 0872.106.511
- Registered office
- Avenue du Pont de Warche 17, 4960 Malmedy
- Names & denominations
- THE CITY RENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2005
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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