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 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Citizens Holding from Gent, company number BE1001983175, closed financial year 2025 with a result of € 724,822 after tax. For that financial year Citizens Holding recorded a gross margin of € -56,094 and equity of € 5.7 million. Compared with financial year 2024, the result moved from € -54,162 to € 724,822. Profitable, and profit is growing. 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 July 15, 2026.
€ 5.7 million
▲ € 5.7 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 724,822
▲ still € 54,162 loss in 2024
Profit after tax over the fiscal year.
€ 301,645
▲ € 288,267 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 € 670,661.
People and assets in 2025
€ 3,005
▼ 47% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 8.5 million
€ 1.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 289,961
▲ € 280,886 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -46,682 | € -56,094 | ▼ € 9,412 |
| Profit after taxes | € -54,162 | € 724,822 | ▲ € 778,984 |
| Equity | € 7,338 | € 5,742,027 | ▲ € 5.7 million |
| Total debts | € 9,114 | € 8,875,786 | ▲ € 8.9 million |
| Cash | € 13,378 | € 301,645 | ▲ € 288,267 |
| Retained profit | € -54,162 | € 670,661 | ▲ € 724,822 |
| Bank debt | € 0 | € 8,523,591 | |
| Balance sheet total | € 16,453 | € 14,617,813 | ▲ € 14.6 million |
Key figures of Citizens Holding, fiscal years 2024 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 Citizens Holding?
What happened at Citizens Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VEERKRACHT VENTURES BV stepped down as director. NBB
- N-Ventures BV stepped down as director. NBB
- E. AERTS BV stepped down as director. NBB
- M. GALLET BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 724,822. Source: NBB ↗
- E. AERTS BV became a director. NBB
- M. GALLET BV became a director. NBB
- VEERKRACHT VENTURES BV became a director. NBB
In short
From € 54,162 loss in 2024 to € 724,822 profit in 2025.
Best year ever: 2025, with € 724,822 profit.
Management
Behind Citizens Holding are Leo Van Steenberge, Philip Greenfield and André Oosterlinck. It owns 100% of Faceworks BV, 100% of Online Department BV, 100% of AGConsult, 100% of Thinline BV and 100% of Your Business Online itself.
Directors
According to the 2025 annual accounts
Leo Van Steenberge
Director
since 2023
Philip Greenfield
Director
since 2023
André Oosterlinck
Director
Also active at: EASICS, FIDIMEC, Neteclen, icometrix, Essensium, Mind OSS
since 2023
Director · represented by Jan De Roeck
since 2025 · until 2031
Director · represented by Nathan Verduyn
since 2025 · until 2031
since 2025 · until 2031
Director · represented by Marc Gallet
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Visserij 43P
9000 Gent
Visserij 43 box P
9000 Gent
Active since 7 November 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1001.983.175
- VAT number
- BE 1001.983.175
- Registered office
- Visserij 43P, 9000 Gent
- Names & denominations
- Citizens Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 November 2023
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Activiteiten van reclamebureaus
Markt- en opinieonderzoek
Ontwerpen van computerprogramma’s
Mediarepresentatie
Ontwerpen en programmeren van computerprogramma's