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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CityZen BGL from Chaudfontaine, company number BE0881129093, closed financial year 2025 with a result of € -5,066 after tax. For that financial year CityZen BGL recorded a gross margin of € -1,477 and equity of € -63,203. Compared with financial year 2024, the result moved from € 50,101 to € -5,066. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ -63,203
▼ € 5,066 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,066
▼ still € 50,101 profit in 2024
Profit after tax over the fiscal year.
€ 458
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -72,503.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 59,389 | € 33,722 | € 28,226 | € -1,477 | ▼ € 29,703 |
| Profit after taxes | € 59,227 | € 33,462 | € 50,101 | € -5,066 | ▼ € 55,167 |
| Equity | € -141,700 | € -108,237 | € -58,136 | € -63,203 | ▼ € 5,066 |
| Total debts | € 190,383 | € 157,438 | € 153,256 | € 114,911 | ▼ 25% |
| Cash | € 435 | € 1,083 | € 22,403 | € 458 | ▼ 98% |
| Retained profit | € -151,000 | € -117,537 | € -67,436 | € -72,503 | ▼ € 5,066 |
| Balance sheet total | € 48,684 | € 49,200 | € 95,119 | € 51,708 | ▼ 46% |
Key figures of CityZen BGL, 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 CityZen BGL?
What happened at CityZen BGL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,066 (▼ € 55,167 vs 2024). Source: NBB ↗
- New establishment in Verviers. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,227 profit in 2022 to € 5,066 loss in 2025.
Best year ever: 2022, with € 59,227 profit.
Management
Behind CityZen BGL are MARC LOGNARD and François GODARD. François GODARD is also behind CHOCOLATE BOX RL, New Horizon Promotion Immobilière, NextGen Realty RL, KEYINVEST BG SPRL and KEYINVEST RENTING RL.
Directors
According to the 2025 annual accounts
MARC LOGNARD
Manager
François GODARD
Manager
Also active at: CHOCOLATE BOX RL, New Horizon Promotion Immobilière, NextGen Realty RL, KEYINVEST BG SPRL, KEYINVEST RENTING RL
Establishments
Establishment units
Physical locations of this company
Rue de Grady 22
4053 Chaudfontaine
Rue aux Laines 45
4800 Verviers
Active since 19 May 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0881.129.093
- VAT number
- BE 0881.129.093
- Registered office
- Rue de Grady 22, 4053 Chaudfontaine
- Names & denominations
- CityZen BGL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 May 2006
- Peppol
- Active · Active since 4 Feb 2026
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