CITY PROJECTS
ActiveSummary
CITY PROJECTS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €105,945 and a net result of €130,034. Equity is shrinking by ~32.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 38% of 4613 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
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Signals
This company filed its last 7 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
History
CITY PROJECTS was incorporated on 3 August 2004.1 The registered office moved to Brussel in 2006, to Wilrijk in 2011 and to Antwerpen in 2021.234 Between 2009 and 2013 the capital was increased 3 times, most recently to EUR 2.2 million.567 The board currently has 3 members; Guillermo has served longest, since 2024.8 Revenue fell from EUR 24 million in 2020 to EUR 176,770 in 2025.9
- 1Crossroads Bank for Enterprises
- 2Belgian State Gazette, 19-06-2006
- 3Belgian State Gazette, 03-02-2011
- 4Belgian State Gazette, 07-10-2021
- 5Belgian State Gazette, 05-01-2009
- 6Belgian State Gazette, 08-01-2010
- 7Belgian State Gazette, 28-01-2013
- 8Belgian State Gazette, 29-11-2024
- 9National Bank, annual accounts 2020 and 2025
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,818 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €501,465 | €352,867 | - | - | €176,770 | - |
| Turnover70 | €997,133 | €352,867 | - | - | €176,770 | - |
| Change in stocks of work in progress, finished goods and contracts in progress71 | -€497,295 | - | - | - | - | - |
| Other operating income74 | €1,627 | - | - | - | - | - |
| Operating charges60/66A | €110,464 | €93,630 | €10,089 | €7,378 | €8,369 | ▲ 13.4% |
| Goods for resale, raw materials and consumables60 | €94,839 | €77,741 | - | - | €1,126 | - |
| Purchases600/8 | €94,839 | €77,741 | - | - | €1,126 | - |
| Services and other goods61 | €14,657 | €14,920 | €7,330 | €6,292 | €6,724 | ▲ 6.9% |
| Other operating charges640/8 | €969 | €970 | €2,759 | €1,086 | €520 | ▼ 52.1% |
| Operating profit (loss)9901 | €391,001 | €259,236 | -€10,089 | -€7,378 | €168,401 | ▲ 2,383% |
| Financial income75/76B | - | €6,524 | €20,856 | €10,316 | €5,843 | ▼ 43.4% |
| Recurring financial income75 | - | €6,524 | €20,856 | €10,316 | €5,843 | ▼ 43.4% |
| Income from current assets751 | - | €6,524 | €20,856 | €10,316 | €5,843 | ▼ 43.4% |
| Financial charges65/66B | €504 | €591 | €3,368 | €302 | €332 | ▲ 9.9% |
| Recurring financial charges65 | €504 | €591 | €3,368 | €302 | €332 | ▲ 9.9% |
| Debt charges650 | - | - | €3,002 | - | - | - |
| Other financial charges652/9 | €504 | €591 | €365 | €302 | €332 | ▲ 9.9% |
| Profit (loss) for the period before taxes9903 | €390,498 | €265,169 | €7,400 | €2,636 | €173,911 | ▲ 6,498% |
| Income taxes67/77 | €59,861 | €70,767 | €2,426 | €659 | €43,878 | ▲ 6,558% |
| Taxes670/3 | €59,861 | €70,767 | €2,426 | €900 | €43,878 | ▲ 4,775% |
| Tax adjustments and reversals of tax provisions77 | - | €0 | - | €241 | - | - |
| Profit (loss) for the period9904 | €330,636 | €194,402 | €4,974 | €1,977 | €130,034 | ▲ 6,477% |
| Profit (loss) for the period to be appropriated9905 | €330,636 | €194,402 | €4,974 | €1,977 | €130,034 | ▲ 6,477% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.4m | €789,199 | €285,281 | €415,202 | ▲ 45.5% |
| Current assets29/58 | €1.4m | €1.4m | €789,199 | €285,281 | €415,202 | ▲ 45.5% |
| Amounts receivable within one year40/41 | €1.3m | €1.4m | €529,252 | €1,659 | €406,666 | ▲ 24,409% |
| Trade receivables40 | €586,919 | €816,750 | €1,872 | €223 | €266 | ▲ 19.5% |
| Other amounts receivable41 | €701,800 | €558,317 | €527,380 | €1,437 | €406,400 | ▲ 28,190% |
| Cash at bank and in hand54/58 | €121,388 | €51,054 | €259,947 | €283,622 | €8,536 | ▼ 97.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.4m | €789,199 | €285,281 | €415,202 | ▲ 45.5% |
| Equity10/15 | €1.1m | €768,960 | €273,934 | €275,911 | €105,945 | ▼ 61.6% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €1.0m | €700,760 | €205,734 | €207,711 | €37,745 | ▼ 81.8% |
| Amounts payable17/49 | €335,549 | €657,160 | €515,265 | €9,370 | €309,257 | ▲ 3,200% |
| Amounts payable within one year42/48 | €335,549 | €657,160 | €515,265 | €9,370 | €309,257 | ▲ 3,200% |
| Trade debts44 | €275,688 | €26,532 | €12,839 | €6,944 | €8,380 | ▲ 20.7% |
| Suppliers440/4 | €275,688 | €26,532 | €12,839 | €6,944 | €8,380 | ▲ 20.7% |
| Taxes, remuneration and social security45 | €59,861 | €130,628 | €2,426 | €2,426 | €878 | ▼ 63.8% |
| Taxes450/3 | €59,861 | €130,628 | €2,426 | €2,426 | €878 | ▼ 63.8% |
| Other amounts payable47/48 | - | €500,000 | €500,000 | - | €300,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €330,636 | €194,402 | €4,974 | €1,977 | €130,034 | ▲ 6,477% |
| Operating cash flow (approximation) | €330,636 | €194,402 | €4,974 | €1,977 | €130,034 | ▲ 6,477% |
| Change in cash | - | -€70,334 | €208,893 | €23,675 | -€275,086 | ▼ 1,262% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
10-07
State Gazette act
Resignation: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor) · Permanent representatives: Christophe Van Parys and Wim Straetmans5 facts ▸
- General meeting, 01-06-2026
- Auditor resignation, Ernst & Young Bedrijfsrevisoren BV (statutory auditor)
- Auditor appointment, KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
- Permanent representative, Christophe Van Parys (permanent representative)
- Permanent representative, Wim Straetmans (permanent representative)
11-02
State Gazette act
Resignation: On Track bv (director)Permanent representatives: Bruno Van Loocke and Wim Straetmans · Appointment: Jochen Van Dijk (director)5 facts ▸
- General meeting, 16-01-2026
- Director resignation, On Track bv (director)
- Permanent representative, Bruno Van Loocke
- Director appointment, Jochen Van Dijk (director)
- Permanent representative, Wim Straetmans
24-07
State Gazette act
Reappointment: EY Bedrijfsrevisoren (statutory auditor)Resignation: Christoph Oris (permanent representative) · Permanent representative: Danny Wuyts · Power of attorney7 facts ▸
- General meeting, 02-06-2025
- Auditor reappointment, EY Bedrijfsrevisoren
- Director resignation, Christoph Oris (permanent representative)
- Permanent representative, Danny Wuyts (permanent representative)
- Power of attorney, Dieter Borghijs
- Power of attorney, Guillermo by
- Power of attorney, Wim Straetmans
29-11
State Gazette act
Reappointments: Guillermo (director) and On Track (director)Permanent representatives: Wim Straetmans and Bruno Van Loocke5 facts ▸
- General meeting, 03-06-2024
- Director reappointment, Guillermo (director)
- Director reappointment, On Track (director)
- Permanent representative, Wim Straetmans
- Permanent representative, Bruno Van Loocke
29-02
State Gazette act
Resignations: SNIPPE BEHEER (director) and SNIPPE INTERNATIONAL (director)Legal-form conversion · Statutes amendment · Capital6 facts ▸
- General meeting, 20-12-2023
- Legal-form conversion, naamloze vennootschap
- Statutes amendment
- Capital, €62.000
- Director resignation, SNIPPE BEHEER (director)
- Director resignation, SNIPPE INTERNATIONAL (director)
13-11
State Gazette act
Permanent representative: Christoph OrisResignation: Krossroads bv (director) · Appointment: On Track bv (director)6 facts ▸
- General meeting, 01-06-2023
- Permanent representative, Christoph Oris
- General meeting, 28-08-2023
- Director resignation, Krossroads bv (director)
- Director appointment, On Track bv (director)
- Board meeting, 01-09-2023
19-04
State Gazette act
Reappointment: EY Bedrijfsrevisoren (statutory auditor)Permanent representatives: Daniel Wuyts, Wim Straetmans and Jan-Wouter Buitink5 facts ▸
- General meeting, 06-07-2022
- Auditor reappointment, EY Bedrijfsrevisoren
- Permanent representative, Daniel Wuyts
- Permanent representative, Wim Straetmans
- Permanent representative, Jan-Wouter Buitink
Show earlier events
07-10
State Gazette act
Permanent representative: Wim StraetmansRegistered-office move3 facts ▸
- Board meeting, 17-08-2021
- Registered-office move, Borsbeeksebrug 22 b7, 2600 Antwerpen
- Permanent representative, Wim Straetmans
19-02
State Gazette act
Resignation: Kairos NV (director)Permanent representatives: Marc Peeters and Jan-Wouter Buitink · Appointment: Krossroads BV (director) · Mandate compensation6 facts ▸
- General meeting, 16-12-2020
- Director resignation, Kairos NV (director)
- Permanent representative, Marc Peeters
- Director appointment, Krossroads BV (director)
- Permanent representative, Jan-Wouter Buitink
- Mandate compensation, Krossroads BV
03-01
State Gazette act
Appointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)Permanent representative: Daniel Wuyts · Power of attorney4 facts ▸
- General meeting, 20-06-2019
- Auditor appointment, Ernst & Young Bedrijfsrevisoren
- Permanent representative, Daniel Wuyts
- Power of attorney, Danny Wuyts BVBA
04-12
State Gazette act
Resignation: Jan Van Nuffel (director)Reappointment: Guillermo BVBA (director) · Permanent representatives: Wim Straetmans and Marc Peeters · Appointments: Kairos NV (director) and Guillermo BVBA (managing director)8 facts ▸
- General meeting, 22-06-2018
- Director resignation, Jan Van Nuffel (director)
- Director reappointment, Guillermo BVBA (director)
- Permanent representative, Wim Straetmans
- Director appointment, Kairos NV (director)
- Permanent representative, Marc Peeters
- Board meeting, 29-08-2018
- Director appointment, Guillermo BVBA (managing director)
04-09
State Gazette act
Resignation: Almacon BVBA (director)Permanent representative: Manu Coppens · Appointment: Jan Van Nuffel (director)4 facts ▸
- General meeting, 23-06-2017
- Director resignation, Almacon BVBA (director)
- Permanent representative, Manu Coppens
- Director appointment, Jan Van Nuffel (director)
20-03
State Gazette act
Resignations: Kairos (director) and Almacon (managing director)Appointment: Guillermo (director)6 facts ▸
- General meeting, 22-12-2016
- Director resignation, Kairos (director)
- Director appointment, Guillermo (director)
- Board meeting, 22-12-2016
- Director resignation, Almacon (managing director)
- Director appointment, Guillermo (managing director)
11-10
State Gazette act
Resignation: BCVBA PwC Bedrijfsrevisoren (statutory auditor)Appointment: BCVBA Ernst & Young Bedrijfsrevisoren (statutory auditor) · Permanent representative: Daniel Wuyts · Power of attorney6 facts ▸
- General meeting, 20-06-2016
- Director resignation, BCVBA PwC Bedrijfsrevisoren (statutory auditor)
- Auditor appointment, BCVBA Ernst & Young Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Daniel Wuyts
- Power of attorney, Daniel Wuyts
- Mandate term, vervalt na de algemene vergadering der aandeelhouders die de jaarrekening 2018 dient goed te keuren
18-12
State Gazette act
Reappointment: Almacon BVBA (director)Permanent representatives: Manu Coppens and Peter Van den Eynde · Appointment: BCVBA PwC Bedrijfsrevisoren (statutory auditor) · Power of attorney6 facts ▸
- General meeting, 26-06-2015
- Director reappointment, Almacon BVBA (director)
- Permanent representative, Manu Coppens
- Auditor appointment, BCVBA PwC Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Peter Van den Eynde
- Power of attorney, BVBA Peter Van den Eynde
23-12
State Gazette act
Resignation: PHIVEST (director)Appointment: Almacon (director) · Permanent representatives: Manu Coppens and Philip Penen7 facts ▸
- General meeting, 02-12-2014
- Director resignation, PHIVEST (director)
- Director appointment, Almacon (director)
- Permanent representative, Manu Coppens
- Board meeting, 02-12-2014
- Director appointment, Almacon (managing director)
- Permanent representative, Philip Penen
03-12
State Gazette act
Permanent representatives: Benoît De Landsheer and Marc Peeters2 facts ▸
- Permanent representative, Benoît De Landsheer
- Permanent representative, Marc Peeters
26-09
State Gazette act
Resignations: P.G.A Noordanus, AM Vastgoedontwikkeling B.V. and AM Belgium BV (voorheen AM Deelnemingen IV B.V.)Appointments: Henri De Pater, PHIVEST BVBA and 2 others · Permanent representatives: Philip Penen, Benoît De Landsheer and Peter Van den Eynde · Power of attorney15 facts ▸
- General meeting, 13-09-2013
- Director resignation, P.G.A Noordanus (permanent representative)
- Director appointment, Henri De Pater (permanent representative)
- General meeting, 20-12-2012
- Director resignation, AM Vastgoedontwikkeling B.V. (director)
- Director resignation, AM Belgium BV (voorheen AM Deelnemingen IV B.V.) (director)
- Director appointment, PHIVEST BVBA (director)
- Director appointment, KAIROS NV (director)
- Permanent representative, Philip Penen
- Permanent representative, Benoît De Landsheer
- Auditor appointment, BCVBA PwC Bedrijfsrevisoren
- Permanent representative, Peter Van den Eynde
- +3 further facts in this act
28-01
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Share issue · Capital decrease6 facts ▸
- General meeting, 20-12-2012
- Capital increase, €202.404,48
- Share issue, aandelen zonder vermelding van waarde, 70
- Capital decrease, €2.108.904,48
- Statutes amendment
- Power of attorney, Marc Van Meel
03-02
State Gazette act
Registered officeRegistered-office move · Power of attorney4 facts ▸
- Board meeting, 16-12-2010
- Registered-office move, Heistraat 129 -2610 Wilrijk
- Power of attorney, Henni de Pater
- Power of attorney, Henni de Pater
29-06
State Gazette act
Resignations: Snippe Holding Benelux N.V. (director) and André Snippe (director and managing director)Appointment: AM Vastgoedontwikkeling B.V. (director) · Permanent representatives: Henri de Pater and André Snippe · Director discharge8 facts ▸
- General meeting, 08-06-2010
- Director resignation, Snippe Holding Benelux N.V. (director)
- Director resignation, André Snippe (director and managing director)
- Director discharge, Snippe Holding Benelux N.V.
- Director discharge, André Snippe
- Director appointment, AM Vastgoedontwikkeling B.V. (director)
- Permanent representative, Henri de Pater
- Permanent representative, André Snippe
08-01
State Gazette act
Capital & sharesCapital increase · Statutes amendment · Power of attorney4 facts ▸
- General meeting, 23-12-2009
- Capital increase, €1.600.000
- Statutes amendment
- Power of attorney, Catherine Gillardin
05-01
State Gazette act
Capital & sharesCapital increase · Statutes amendment · Power of attorney4 facts ▸
- General meeting, 16-12-2008
- Capital increase, €300.000
- Statutes amendment
- Power of attorney, Catherine GILLARDIN
17-07
State Gazette act
Resignations: Snippe beheer B.V., Snippe International B.V. and André SnippeAppointments: Snippe Holding Benelux NV, André Snippe and AM Deelnemingen IV B.V. · Permanent representatives: André Snippe and P.G.A. Noordanus · Director discharge17 facts ▸
- General meeting, 30-01-2008
- Director resignation, Snippe beheer B.V. (director)
- Director resignation, Snippe International B.V. (director)
- Director resignation, André Snippe (director)
- Director resignation, André Snippe (managing director)
- Director discharge, Snippe beheer B.V.
- Director discharge, Snippe International B.V.
- Director discharge, André Snippe
- Director appointment, Snippe Holding Benelux NV (director)
- Director appointment, André Snippe (director)
- Director appointment, AM Deelnemingen IV B.V. (director)
- Board meeting, 30-01-2008
- +5 further facts in this act
03-01
State Gazette act
Resignation: André Trossaert (director and managing director)Appointment: André Snippe (managing director) · Director discharge4 facts ▸
- General meeting, 30-09-2006
- Director resignation, André Trossaert (director and managing director)
- Director discharge, André Trossaert
- Director appointment, André Snippe (managing director)
19-06
State Gazette act
Registered office · Capital & shares · Statutes amendmentRegistered-office move6 facts ▸
- General meeting, 16-05-2006
- Registered-office move, 1050 Brussel, Louizalaan 326 (Blue Tower), achttiende verdieping
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
Directors · office · real estate
Board 3
3 not recently confirmed
Day-to-day management 1
Permanent representatives 2
3 not recently confirmed
Statutory auditor 1
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0095/00E008 | Flanders | 2.4 ha | 1 · 2,699 m² | - |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Permanent representative
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Guillermo |
|
| On Track |
|
| Jochen Van Dijk |
|
| KPMG Bedrijfsrevisoren BV/SRL |
|
| AM Deelnemingen IV B.V. |
|
| KAIROS |
|
| GUILLERMO |
|
| Henri De Pater |
|
| EY Bedrijfsrevisoren |
|
| On Track bv |
|
| Christoph Oris |
|
| Krossroads bv |
|
| Kairos NV |
|
| Jan Van Nuffel |
|
| ALMACON |
|
| PWC Bedrijfsrevisoren BCVBA |
|
| PHIVEST |
|
| AM Belgium BV (voorheen AM Deelnemingen IV B.V.) |
|
| AM Vastgoedontwikkeling B.V. |
|
| André Snippe |
|
| P.G.A. Noordanus |
|
| SNIPPE BEHEER |
|
| Snippe beheer B.V. |
|
| SNIPPE INTERNATIONAL |
|
| Snippe International B.V. |
|
| André Trossaert |
|
Articles of association
Full purpose
Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten... Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen... Het verwerven en aanhouden van participaties...
Structure & network
Owners and holdings
1 ownerChain of control
- Koninklijke BAM Groep N.V.NL
- BAM BELGIUM
- LANDSBEECK
- CITY PROJECTS
Highest known parent: Koninklijke BAM Groep N.V. (Netherlands). The sources do not say who stands above it.
Owners 1
- LANDSBEECKparent100%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of CITY PROJECTS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
9 connected companiesShow 5 more companies with a shared director
Capital and shareholders
- 29-02-2024 Capital stated in the act · 62,000 EUR · 755 shares
- 28-01-2013 Capital increase of 202,404.48 EUR · to 2,170,904.48 EUR · 70 new shares · in cash
- 28-01-2013 Capital reduction of 2,108,904.48 EUR · to 62,000 EUR · “aanzuivering van overgedragen verliezen”
- 08-01-2010 Capital increase of 1,600,000 EUR · to 1,968,500 EUR · in cash
- 05-01-2009 Capital increase of 300,000 EUR · to 368,500 EUR · in cash
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.