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Citadel Finance

Active Risk: not assessed
Public limited companyfounded 1992active for 34 yearsVoldersstraat 1, 9000 Gent, BelgiumKBO/BCE: BE 0447.332.425
Summary

Citadel Finance is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €12.8m and a net result of €279,102. Equity remains stable across the filed financial years (±1.8% per year). Its solvency ranks better than 78% of 6,641 sector peers (NACE 64, financial year 2025). The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Financial service activities, except insurance and pension funding
NACE 64910
Size
€15.7mtotal assets 2025
Equity
€12.8m
Profit
€279,102
Turnover not published (abbreviated format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Parent
Stadsontwikkeling Gent (sogent) · 100%
Board
6 members
Auditor: FIGURAD BEDRIJFSREVISORENAccounts 59 days early
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
59 days early
2024
31 days early
2023
51 days early
2022
32 days early
2021
46 days late
2020
43 days early
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 26 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% 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 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Karel de Bondt (director)Appointments: Eveline Hanssens (director) and…
  2. Purpose · Amendment of the articles…Purpose change
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Positive: Among the best 5% on equitysector median €584,111 · 6,642 companies €12.8m View
  • Board changedlatest change 29-05-2026 · 6 in office 2 joined · 2 left View
  • Positive: 8 profitable years in a rowprofit 2025: €279,102 8 years View
  • Controlled by Stadsontwikkeling Gent (sogent) 100% View
  • Positive: Result rose in 2025from €198,832 to €279,102 ▲ 40.4% View
  • Flemish supportawarded 2025 €504,020 View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€15.7m
Profit
€279,102
Solvency
82.0%
Total assets▲ 3.8%
Net result
20182025
Go to Financials

Board & ownership

Board
6 members
Parent
Stadsontwikkeling Gent (sogent) · 100%
Auditor
FIGURAD BEDRIJFSREVISOREN
  • Christophe PeetersChair
  • Jenna BoeveDirector
  • Aljosja Van der StraetenDirector
  • Sofie BrackeDirector
  • TEERLINCK PaulDirector

and 1 other director

Go to Board & ownership

Timeline

Events
76
Since
1993
Next accounts
by 31-07-2027
  1. 06-02-2026Resignation: llse Verschoore (member of the management…
  2. 27-01-2026Capital & shares · Amendment of the…
  3. 22-12-2025Appointment: Mattias Van Vooren (member of the…
Go to Timeline

Company details

Legal form
Public limited company
Activity
Financial service activities, except insurance and pension fundingNACE 64910
Founded
04-05-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
7
Purpose
- het deelnemen in vennootschappen, verenigingen, ondernemingen en samenwerkingsverbanden…
Go to Articles of association

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