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CITYLIFE PROJECTS

Active Public limited companyfounded 2002active for 24 yearsMolenstraat 52, 2018 AntwerpKBO/BCE: BE 0476.676.014

Lifetime

20 annual accounts with figures on one time axis, 24 filings since 2002
peak €167,009 (2022)
€142,014▼ 13.7%
lowest -€173,961 (2020)
€2,176▼ 68.4%
peak €774,803 (2025)
€774,803▲ 0.3%
€3.6m▼ 21.5%
Board2 names since 2018
1 directorCITY PLUS
Owners
  
Documentsfilings and deeds
29-09-202660 days late
2025financial year
Gross margin from €164,595 to €142,014Result from €6,877 to €2,176Debts from €4.6m to €3.6mCash from €17,524 to €8,793

Key points

from the 2025 annual accounts

Equity

€774,803 ▲ 0.3%

CITYLIFE PROJECTS has made a profit without a break since 2021.

Turnover

≈ €300,000 estimated

The accounts state no turnover.

Debts

€3.6m 82% of the balance sheet
Financial debts 28%Suppliers 11%Taxes and wages 1%Other 60%

€1.1m of the debts are secured on the company's own assets. In 2024 that was €1.3m.

Investments

€409,361 4.6 × depreciation
20222025

Green is investment, beige is depreciation.

Liquidity

1.25 was 0.81 in 2024

Short-term debts fell from €3.4m to €1.4m.

Filings

24 annual accounts since 2002
AprilJune31 JulyOctober20102020

Seven of the last ten came late. The 2023 accounts came latest: 61 days after the end of the period.

Checked score

66
Healthy
Financially stronger than 39% of small companies in real estate (NACE 68)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.3% 01-2025: 3.6%▲ +2.3 percentage points vs 12-2024 02-2025: 3.7%▲ +0.1 percentage points vs 01-2025 03-2025: 3.7%● unchanged vs 02-2025 04-2025: 3.6%▼ -0.1 percentage points vs 03-2025 05-2025: 3.7%▲ +0.1 percentage points vs 04-2025 06-2025: 3.8%▲ +0.1 percentage points vs 05-2025 07-2025: 3.8%● unchanged vs 06-2025 08-2025: 4.3%▲ +0.5 percentage points vs 07-2025 09-2025: 5.1%▲ +0.8 percentage points vs 08-2025 10-2025: 6.9%▲ +1.8 percentage points vs 09-2025highest value 11-2025: 1.1%▼ -5.8 percentage points vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.2%▲ +0.1 percentage points vs 02-2026 04-2026: 1.1%▼ -0.1 percentage points vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.2%▲ +0.1 percentage points vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.3 percentage points vs 07-2026 09-2026: 1.9%▲ +0.4 percentage points vs 08-2026 10-2026: 1.0%▼ -0.9 percentage points vs 09-2026lowest value 11-2026: 1.0%● unchanged vs 10-2026lowest value

Financial strength
Average

43+4equity 17.7% of total assets
37+20short-term debt 31.0% · cash 0.2%
44+1return on assets 0.0%

Score breakdown

raises risk
Liquidity: current ratio 1.25, cash €8,793
Last filed accounts filed 60 days late; 3 of the last 3 accounts late
1 change of registered office in 24 months
lowers risk
Size: total assets €4.4m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 37% of them on solvency, 31% on liquidity, 43% on profitability and 45% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 4,685 companies had the same profile as CITYLIFE PROJECTS has now. Each dot stands for 12 companies, two years later.

97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of CITYLIFE PROJECTS itself: 1.0% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,685 companies, not a prediction for CITYLIFE PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €50,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.25 (0.81 in 2024), below the usual 1.5. Short-term debt is 31% and cash 0.2% of total assets. 82.3% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 1.25, cash €8,793
NBB · annual accounts
raises risk · Last filed accounts filed 60 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €4.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
60 days late
2024
61 days late
2023
61 days late
2022
60 days late
2021
32 days early
2020
31 days late
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CP
Director, VALCKE Stéphane Jozef Nicolas
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0476676014
Registered office moved within Antwerp New registered office: MOLENSTRAAT 52, 2018 ANTWERPEN · Previous registered office: Britselei 56, 2000 ANTWERPEN · Board meeting of 31-10-2024 · Gazette deed
Registered office moved within Antwerp New registered office: BRITSELEI 56-2000 ANTWERPEN · Previous registered office: Jan Welterslaan 13, 2100 Antwerpen (Deurne) · Board meeting of 07-06-2023 · Gazette deed
Merger: RESIDENTIE BISSCHOPPENHOF takes over CARE HOMES Company renamed from RESIDENTIE BISSCHOPPENHOF to CITYLIFE PROJECTS · Capital increase of €250,000 to €650,000 · Capital from €400,000 to €650,000, 184 new shares · General meeting of 05-06-2020 · Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company
CITYLIFE PROJECTS Antwerp €4.4m €142,014 17.7% -
RWN Schilde €4.1m €159,551 88.9% -
JACO PROPERTIES Uccle €3.9m €127,953 2.8% -
Capricorn Real Estate Hasselt €4.2m €147,401 49.4% -
Flat Company Sint-Martens-Latem €3.9m €186,090 15.4% -
WANDA Aarschot €5.3m €116,277 63.3% -
QUENTHOM Saint-Ghislain €4.2m €131,871 7.7% -

These companies have the same main activity as CITYLIFE PROJECTS: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €3.9m and €5.3m, founded between 1998 and 2004.

Official details

Source: KBO
Status
Active since 15-01-2002Normal situation
Activity
Buying and selling of own real estateNACE 68110
Establishment unit
2.286.079.7662018 Antwerp, since 21-12-2018
Financial year end
31 December
Peppol
Reachable since 29-11-2025
Company details

Annual accounts 2025

€4.4m▼ 18.4%
Filing
Filed on 29-09-2026
Financials

Insights on CITYLIFE PROJECTS

CITYLIFE PROJECTS has existed since 2002. In 2022 the gross margin rose from €42,666 to €167,009.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CITYLIFE PROJECTS

What is the company number of CITYLIFE PROJECTS?
The company number of CITYLIFE PROJECTS is 0476.676.014. The VAT number is the same number with BE in front: BE 0476.676.014.
Where is CITYLIFE PROJECTS based?
The registered office is at Molenstraat 52, 2018 Antwerp.Company details
What does CITYLIFE PROJECTS do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of CITYLIFE PROJECTS?
CITYLIFE PROJECTS is a public limited company (NV).
When was CITYLIFE PROJECTS founded?
CITYLIFE PROJECTS was founded on 15-01-2002.
Is CITYLIFE PROJECTS still active?
Yes, CITYLIFE PROJECTS is an active enterprise in the KBO register.
What is the turnover of CITYLIFE PROJECTS?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €142,014 and 33 comparable companies (NACE 681). It probably lies between €190,000 and €690,000.Financials
Is CITYLIFE PROJECTS profitable?
In financial year 2025, CITYLIFE PROJECTS made a profit of €2,176.
Where can I find the annual accounts of CITYLIFE PROJECTS?
CITYLIFE PROJECTS filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CITYLIFE PROJECTS due?
CITYLIFE PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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