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Citanam

Active Public limited companyfounded 2021active for 5 yearsRoute Merveilleuse 82, 5000 NamurKBO/BCE: BE 0767.979.385 subsidiary of #1 employer in the province of Namur, Food and beverage service sector

Lifetime

4 annual accounts with figures on one time axis
peak €2.4m (2025)
€2.4m▲ 13.9%
lowest -€38,232 (2022)
€183,505▼ 36.2%
peak €829,538 (2025)
€829,538▲ 15.9%
€1.8m▼ 2.8%
peak 169.9 FTE (2023)
67.6 FTE▲ 29.5%
Board1 name since 2021
1 director
Owners2 names in the annual accounts
100%
Documentsfilings and deeds
24-08-202624 days late
2025financial year
Gross margin from €2.1m to €2.4mResult from €287,844 to €183,505Staff from 52.2 FTE to 67.6 FTEDividend €70,000Equity from €716,033 to €829,538Cash from €204,571 to €337,483

Key points

from the 2025 annual accounts

Equity

€829,538 ▲ 15.9%
716,0332024+183,505Profit-70,000Dividend829,5382025

Citanam paid out €70,000 in dividends. That is 38% of the 2025 profit.

Result

€183,505 ▼ 36.2%
€288,0002024€184,0002025

The result fell in 2025 from €287,844 to €183,505.

Turnover

≈ €4.2m estimated

The accounts state no turnover.

Staff

67.6 FTE from 169.9 in 2023

Between 2023 and 2025, 60% of the full-time equivalents disappeared.

Filings

4 annual accounts 2 late
AprilJune31 JulyOctober2022202320242025

The 2023 accounts came latest: 29 days after the end of the period.

Position in the sector

€183,505

Higher net result than 88% of companies in food and beverage service. Sector median €9,699 · 964 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 153 companies had the same profile as Citanam has now. Each dot is one company, two years later.

96.1%
were still trading
3.9%
stopped another way
0.0%
went bankrupt
  • Medium-sized
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,448 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 153 companies, not a prediction for Citanam. 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

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Signals

Board and ownership

Director, since 07-05-2021
  • 100%score equity €9,330 (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0767979385
New establishment in Profondeville Rive de Meuse 1
First establishment Panorama, Route Merveilleuse 82, Namur
Incorporation Founding capital of €61,500, 1,000 shares · Founder: (comparant fondateur) · Appointment: (sole director) · published on 11-05-2021 · Gazette deed
All 11 events

Comparable companies

same main activity, similar in size and age
Company
Citanam Namur €2.7m €2.4m 31.0% 67.6
BRASSERIES G. Waterloo €2.3m €3.5m 5.0% 57.5
Hawaiian Resto BE Antwerp €2.5m €4.3m 29.1% 89
Poké House Forest €2.0m €1.5m 5.6% 71.3
Sfusato Amalfitano Brussels €2.8m €3.8m 23.4% 64.5
BELGA QUEEN 32 Brussels €2.9m €3.4m 15.7% 61.4
PREGO SHOP La Hulpe €4.3m €1.6m -58.4% 49.4

These companies have the same main activity as Citanam: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €2m and €4.3m, founded between 2017 and 2024.

Official details

Source: KBO
Status
Active since 07-05-2021Normal situation
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112and 3 others
Joint committee
302Hotels and catering · annual accounts 2023
Establishment units
2.317.869.4385000 Namur, since 19-05-2021
2.385.873.7625170 Profondeville, since 20-02-2026
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€2.7m▲ 2.3%
Employeeson 31-12-2025
24▼ 17.2%
Filing
Filed on 24-08-2026
Financials

Insights on Citanam

Citanam has existed since 2021. The present size dates from 2023. The gross margin rose that year from €1.0m to €2.1m and staff from 67.1 to 169.9 full-time equivalents.

The gross margin has grown every year since.

holds all the shares.

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 Citanam

What is the company number of Citanam?
The company number of Citanam is 0767.979.385. The VAT number is the same number with BE in front: BE 0767.979.385.
Where is Citanam based?
The registered office is at Route Merveilleuse 82, 5000 Namur.Company details
What does Citanam do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of Citanam?
Citanam is a public limited company (NV).
When was Citanam founded?
Citanam was founded on 07-05-2021.
Is Citanam still active?
Yes, Citanam is an active enterprise in the KBO register.
How many employees does Citanam have?
Citanam had an average of 67.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Citanam fall under?
In its 2023 annual accounts, Citanam states joint committee 302 (Hotels and catering).
What is the turnover of Citanam?
The turnover in financial year 2025 is ≈ €4.2m. This figure is estimated from the gross margin of €2.4m and 1,585 comparable companies of the same size. It probably lies between €2.8m and €6.9m. It is a rough estimate.
Is Citanam profitable?
In financial year 2025, Citanam made a profit of €183,505.
Where can I find the annual accounts of Citanam?
Citanam filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Citanam due?
Citanam must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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