Debts
€435,635 79% of the balance sheet
Financial debts 6%Suppliers 78%Taxes and wages 1%Other 15%
Of this, €429,524 falls due within a year.
CITO
Lifetime
20 annual accounts with figures on one time axispeak €61,933 (2024)
€16,827▼ 72.8%
lowest -€11,975 (2025)
-€11,975▼ €25,880
peak €124,284 (2024)
€114,332▼ 8.0%
€435,635▲ 3.4%
Board2 names since 2009
2 directors and 1 other
Documentsfilings and deeds
06-08-20266 days late
2025micro format
Gross margin from €61,933 to €16,827Loss of €11,975
Key points
from the 2025 annual accountsFilings
20 annual accounts since 2006
Eight of the last ten came late. The 2019 accounts came latest: 129 days after the end of the period.
Position in the sector
-€11,975
Lower net result than 89% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,503 companies had the same profile as CITO has now. Each dot stands for 7 companies, two years later.
96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,503 companies, not a prediction for CITO. 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
Recent changes
Changes of role: (director) and (director)
General meeting of 08-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0874757678
First establishment
Prins Leopoldlei 20, Mortsel
Incorporation
published on 07-07-2005 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CITO Mortsel | €549,966 | €16,827 | 20.8% | - |
| SORTON PATRICK Lubbeek | €530,089 | €21,184 | 29.0% | - |
| AC INVEST Heist-op-den-Berg | €438,002 | €17,857 | 63.8% | - |
| 't Badhuis Schoten | €446,819 | €12,698 | 94.7% | - |
| VERMEEREN Antwerp | €542,053 | €13,293 | 99.1% | - |
| KARA WOLF Brussels | €516,711 | €21,882 | 33.9% | - |
| RENOKRI Sint-Niklaas | €434,113 | €16,333 | 26.7% | - |
These companies have the same main activity as CITO: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €434,000 and €542,000, founded between 1998 and 2008.
Official details
Source: KBO- Status
- Active since 29-06-2005Normal situation
- Activity
- Other specialised construction activitiesNACE 43990
- Establishment unit
- 2.148.769.1402640 Mortsel, since 08-09-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 28-10-2025
Insights on CITO
CITO files the micro format. That format states no turnover. The gross margin fell from €18,117 in 2006 to €16,827 in 2025.
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 CITO
- What is the company number of CITO?
- The company number of CITO is 0874.757.678. The VAT number is the same number with BE in front: BE 0874.757.678.
- Where is CITO based?
- The registered office is at Prins Leopoldlei 20, 2640 Mortsel.Company details
- What does CITO do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of CITO?
- CITO is a private limited company (BV).
- When was CITO founded?
- CITO was founded on 29-06-2005.
- Is CITO still active?
- Yes, CITO is an active enterprise in the KBO register.
- What is the turnover of CITO?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €16,827 and 201 comparable companies (NACE 43990). It probably lies between €120,000 and €430,000. It is a rough estimate.Financials
- Is CITO profitable?
- In financial year 2025, CITO made a loss of €11,975.
- Where can I find the annual accounts of CITO?
- CITO filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CITO due?
- CITO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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