Financials
Financial year 2025
CITEES BELGIUM from Brugge, company number BE1017013623, closed financial year 2025 with a result of € -7,230 after tax. For that financial year CITEES BELGIUM recorded a gross margin of € 98,815 and equity of € 94,182. Compared with financial year 2024, the result moved from € 1,412 to € -7,230. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 94,182
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,230
▼ still € 1,412 profit in 2024
Profit after tax over the fiscal year.
€ 139,240
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5,818.
People and assets in 2025
84,942.8
Average over the fiscal year, from the social balance sheet.
€ 84,943
€ 0 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 27,992
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,310
▲ € 35,840 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 2,515 | € 98,815 | ▲ € 96,300 |
| Profit after taxes | € 1,412 | € -7,230 | ▼ € 8,642 |
| Equity | € 101,412 | € 94,182 | ▼ 7% |
| Total debts | € 122,761 | € 64,302 | ▼ 48% |
| Cash | € 152,070 | € 139,240 | ▼ 8% |
| Retained profit | € 1,412 | € -5,818 | ▼ € 7,230 |
| Balance sheet total | € 224,173 | € 158,484 | ▼ 29% |
| Employees (FTE) | - | 84,942.8 |
Key figures of CITEES BELGIUM, 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 CITEES BELGIUM?
What happened at CITEES BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Brussel. KBO
- New annual accounts for financial year 2025: loss of € 7,230 (▼ € 8,642 vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Ricardo Medeiro Galardi became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,412 profit in 2024 to € 7,230 loss in 2025.
Paid € 471 in corporate taxes since 2024.
Best year ever: 2024, with € 1,412 profit.
On average € 0 of value added per employee in 2025.
A new publication or filing at CITEES BELGIUM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CITEES BELGIUM is Ricardo Medeiro Galardi.
Directors
According to the 2025 annual accounts
Ricardo Medeiro Galardi
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Steenstraat 70
8000 Brugge
Grasmarkt 20
1000 Brussel
Active since 26 August 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMVIVE-AS Seville - Spain, ES
Website info
Features
Security
Network
Details
- Company number
- 1017.013.623
- VAT number
- BE 1017.013.623
- Registered office
- Steenstraat 70, 8000 Brugge
- Names & denominations
- CITEES BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2024
- Peppol
- Active · Active since 16 Dec 2024
- Contact
- citees.es
- Activities · NACE
Detailhandel in kledingstoffen
Textielveredeling