Citizens Holding

Active

Private limited companyfounded 2023active for 2 yearsVisserij 43P, 9000 Gent, BelgiumKBO/BCE: BE 1001.983.175

Summary

Citizens Holding has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.7m and a net result of €724,822. Its solvency ranks better than 46% of 2,063 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

Citizens HoldingActiveChecked score 93/100

Risk analysis Report Compare

Activity

Advertising agencies

NACE 73110

1 site

Size

€14.6mtotal assets 2025

Equity: €5.7m
Profit: €724,822

Turnover not published (abbreviated or micro format)Total assets +88,748%: capital increase

Financial health

93 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Board: 10 members
Holdings: 5

2025 accounts 16 days early

Why 93raises riskLiquidity: current ratio 0.19, cash €301,645Founded in 2023lowers riskSize: total assets €14.6mFigures for financial year 2025 (filed 15-07-2026)Show the evidence

Checked score

Score 2025

93 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 61% of its sector peers (NACE 73, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 64-6

equity 39.3% of total assets

Liquidity 51-21

short-term debt 12.4% · cash 2.1%

Profitability 50+50

return on assets 5.0%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (117 companies, NACE 73, medium-sized)

Last 24 months 12-2024: 0.9% 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 1.1%▲ +0.2 percentage points vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.2%▲ +0.1 percentage points vs 04-2025 06-2025: 1.3%▲ +0.1 percentage points vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025highest value 08-2025: 0.3%▼ -1.0 percentage point vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €500,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record

Liquidity insufficient (current ratio 0.19, compared with 1.81 in 2024, below 1; short-term debt: 12.4% and cash: 2.1% of total assets), and 60.7% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 73, medium-sized): better than 39% on solvency, 66% on liquidity, 41% on profitability and 98% on growth.

The bankruptcy probability was computed on 24-10-2026 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.

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

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Signals

Five signals.

lowers riskraises riskneutral

Size: total assets €14.6m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 0.19, cash €301,645

NBB · annual accounts

Founded in 2023

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Figures for financial year 2025 (filed 15-07-2026)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

16 days early

2024

29 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 23 days before the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

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.

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2023.

KBO publications · our coverage

15-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
22-05-2026 Resignation: Jan De Roeck (day-to-day manager)Appointment: Matthias Uyttersprot (persoon belast…
31-12-2025 Back to profitnet €724,822

Key points

Positive: Equity rose in 2025capital increase ▲ 782× View
Positive: Among the best 5% on net resultsector median €16,539 · 2,062 companies €724,822 View
Board changedlatest change 03-02-2026 · 10 in office 3 joined · 2 left View
Heads a groupcompanies controlled 5 View

By topic

Financials

Financial year: 2025
Total assets: €14.6m
Profit: €724,822
Solvency: 39.3%

Total assets▲ 888×

Net result

20242025

Go to Financials

Board & ownership

Board: 10 members

André OOSTERLINCKChair
De Roeck Jan Hendrik Hélène ColetaCEO
Greenfield Philip Francis AshleyDirector
Kleijn Johan DirkDirector
van der Schelde Bertus FloorDirector

and 5 other directors

Go to Board & ownership

Network & group

Subsidiaries: 5
Connected companies: 23

5 subsidiaries

Go to Network & group

Timeline

Events: 10
Since: 2023
Next accounts: by 31-07-2027

31-12-2025Equity above €5m
26-11-2025Resignation: GALLET Marc Marie Gustaaf Christiaan (director)
26-09-2025Capital & shares · Amendment of the…

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Advertising agenciesNACE 73110
Founded: 07-11-2023
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 26

Annual meeting: Fourth Thursday of June at 14:00
Statutory auditor: No statutory auditor

Go to Articles of association

Key facts about Citizens Holding

What is the company number of Citizens Holding?: 1001.983.175. In Belgium the VAT number is the company number with BE in front: BE 1001.983.175.
Where is Citizens Holding based?: The registered office is at Visserij 43P, 9000 Gent.Company details
What does Citizens Holding do?: According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of Citizens Holding?: Private limited company (BV).
When was Citizens Holding founded?: On 07-11-2023.
Is Citizens Holding still active?: Yes, Citizens Holding is an active enterprise in the KBO register.
How many employees does Citizens Holding have?: On average 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Citizens Holding?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Citizens Holding profitable?: In financial year 2025, Citizens Holding made a profit of €724,822.
Where can I find the annual accounts of Citizens Holding?: Citizens Holding filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Citizens Holding due?: By 31-07-2027, for financial year 2026.Timeline