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CITY LIGHTS

Active
Private limited company (pre-2019)founded 198343 yrs activeBrusselsesteenweg 47, 9050 Gent, BelgiumKBO/BCE: BE 0424.100.133

CITY LIGHTS has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €3k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 48% of 12642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
78 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-7
Solvency79▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.2 against 2.09 in 2024; short-term debt: 45.6% and cash: 100% of total assets), and 45.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 43 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
54.4%
Return on assets
3.5%
Age of the figures
9 mo
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
50 d early
2024
36 d early
2023
9 d late
2022
10 d late
2021
116 d late
2020
17 d late
2019
59 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€53k▲ 6.9%
2024 · €50k
2018: €6k 2019: €16k 2020: €31k 2021: €41k 2022: €44k 2023: €44k 2024: €50k
2018 → 2025
Total assets
€97k▲ 2.3%
2024 · €95k
2018: €57k 2019: €60k 2020: €74k 2021: €86k 2022: €92k 2023: €88k 2024: €95k
2018 → 2025
Net result
€3k▼ 43.1%
2024 · €6k
2018: €-25k 2019: €11k 2020: €14k 2021: €10k 2022: €3k 2023: €-212 2024: €6k
2018 → 2025
Working capital
€53k▲ 6.9%
2024 · €50k
2018: €5k 2019: €16k 2020: €30k 2021: €40k 2022: €43k 2023: €43k 2024: €50k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€41k-€44k▲ 8.0%€44k▼ 0.5%€50k▲ 13.7%€53k▲ 6.9%
Operating result€12k-€5k▼ 62.1%€-531€7k€3k▼ 51.2%
Net result€10k-€3k▼ 66.7%€-212€6k€3k▼ 43.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10kOperating result 2021: €12k€12kNet result 2021: €10k€10kOperating result 2022: €5k€5kNet result 2022: €3k€3kOperating result 2023: €-531€-531Net result 2023: €-212€-212Operating result 2024: €7k€7kNet result 2024: €6k€6kOperating result 2025: €3k€3kNet result 2025: €3k€3k20212022202320242025
The operating result falls in 2025; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €97k
Equity €53k▲ 6.9%
Debt €44k▼ 2.7%
The debt ratio falls from 47.9% to 45.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Solvency
54.4%
2024 · 52.1%
Current ratio
2.20
2024 · 2.09
Quick ratio
2.20
2024 · 2.09
Debt / equity
0.84
2024 · 0.92
ROE
6.4%
2024 · 12.0%
ROA
3.5%
2024 · 6.3%
Debt
€44k
2024 · €46k
Debt ≤ 1 year
€44k
2024 · €46k
Income taxes
€1k
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€95k€97k
Fixed assets21/28€0-
Financial fixed assets28€0-
Current assets29/58€95k€97k
Amounts receivable within one year40/41€2k€0
Trade receivables40€2k€0
Other amounts receivable41€0-
Current investments50/53€25k€0
Cash at bank and in hand54/58€68k€97k
Equity and liabilities
Total equity and liabilities10/49€95k€97k
Equity10/15€50k€53k
Contributions10/11€35k€35k=
Reserves13€25k€25k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€22k€22k=
Profit (loss) carried forward14€-11k€-7k
Amounts payable17/49€46k€44k
Amounts payable within one year42/48€46k€44k
Trade debts44-€263
Suppliers440/4-€263
Taxes, remuneration and social security45€2k€813
Taxes450/3€2k€813
Other amounts payable47/48€43k€43k=
Income statement Code20242025
Other operating charges640/8€528€544
Non-recurring operating charges66A€1k€0
Gross operating margin9900€9k€4k
Operating profit (loss)9901€7k€3k
Financial income75/76B€2k€1k
Recurring financial income75€2k€1k
Financial charges65/66B€68€73
Recurring financial charges65€68€73
Profit (loss) for the period before taxes9903€9k€5k
Income taxes67/77€3k€1k
Profit (loss) for the period9904€6k€3k
Profit (loss) for the period to be appropriated9905€6k€3k
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-7k
Profit (loss) brought forward from the previous period14P€-11k€-11k=
Transfer to equity691/2€6k€0
To other reserves6921€6k€0

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
09-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
10-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
24-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 116 days late
2021
17-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial Highest result since 2018net €14k ▲32.9%
Operating result €14k, net result €14k, both a record.
02-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
19-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1983
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Brusselsesteenweg 479050 Gent
Ground area
865 m²
Building footprint
405 m²
Volume, LiDAR
3,926 m³
2 parcels, Flanders · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Grondwetlaan 11, 9040 Gent
NACE 5245002
since 19832.102.388.688
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44061B0334/00Z004 Flanders 827 m² 1 · 367 m² 13.4 m · 4 fl.
44032A0018/00M000 Flanders 39 m² 1 · 38 m² 16.1 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 252 EUR awarded · 252 EUR paid
Year Entries awardedpaid
2023 1 63 EUR63 EUR
2022 1 189 EUR189 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 252 EUR · 252 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

6994001UDMTEL1G70E40
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 2,761 companies in sector 69109 we hold annual accounts for 1,209. 921 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded21-05-1983
Fiscal year end31-12
Activities, NACEBEL
69109Other legal services
82990Other business support services
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.