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CITY PROJECTS

Active
Public limited companyfounded 200422 yrs activeBorsbeeksebrug 22, 2600 Antwerpen, BelgiumKBO/BCE: BE 0866.631.256
Summary

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).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+61
Solvency51▼-49
Growth22=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.34 against 30.45 in 2024; short-term debt: 74.5% and cash: 2.1% of total assets), and 74.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
highest failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
25.5%
Return on assets
31.3%
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
59 d early
2024
57 d early
2023
56 d early
2022
59 d early
2021
20 d early
2020
1 d early
2019
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

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)
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. Usually files around 4 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 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

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

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 19-06-2006
  3. 3Belgian State Gazette, 03-02-2011
  4. 4Belgian State Gazette, 07-10-2021
  5. 5Belgian State Gazette, 05-01-2009
  6. 6Belgian State Gazette, 08-01-2010
  7. 7Belgian State Gazette, 28-01-2013
  8. 8Belgian State Gazette, 29-11-2024
  9. 9National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€176,770▼ 49.9%
2022 · €352,867
EBIT margin
95.3%▲ 21.8pp
2022 · 73.5%
Net result
€130,034▲ 6,477%
2024 · €1,977
Working capital
€105,945▼ 61.6%
2024 · €275,911
Trend over the years

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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€997,133▼ 95.9%€352,867▼ 64.6%€176,770
Operating result€391,001€259,236▼ 33.7%-€10,089-€7,378▲ 26.9%€168,401
Net result€330,636above the sector's middle half€194,402above the sector's middle half▼ 41.2%€4,974within the sector's middle half▼ 97.4%€1,977within the sector's middle half▼ 60.3%€130,034within the sector's middle half▲ 6,477%
EBIT margin39.2%▲ 39.9pp73.5%▲ 34.3pp95.3%
Equity€1.1mwithin the sector's middle half▲ 44.4%€768,960within the sector's middle half▼ 28.4%€273,934within the sector's middle half▼ 64.4%€275,911within the sector's middle half▲ 0.7%€105,945below the sector's middle half▼ 61.6%
Total assets€1.4mwithin the sector's middle half▼ 27.0%€1.4mwithin the sector's middle half▲ 1.1%€789,199within the sector's middle half▼ 44.7%€285,281below the sector's middle half▼ 63.9%€415,202below the sector's middle half▲ 45.5%
Debt€335,549▼ 71.8%€657,160▲ 95.8%€515,265▼ 21.6%€9,370▼ 98.2%€309,257▲ 3,200%
Working capital€1.1mabove the sector's middle half▲ 44.4%€768,960within the sector's middle half▼ 28.4%€273,934within the sector's middle half▼ 64.4%€275,911within the sector's middle half▲ 0.7%€105,945within the sector's middle half▼ 61.6%
Solvency76.2%above the sector's middle half▲ 37.7pp53.9%within the sector's middle half▼ 22.3pp34.7%within the sector's middle half▼ 19.2pp96.7%above the sector's middle half▲ 62.0pp25.5%within the sector's middle half▼ 71.2pp
Current ratio4.20above the sector's middle half▲ 2.582.17within the sector's middle half▼ 2.031.53within the sector's middle half▼ 0.6430.45above the sector's middle half▲ 28.911.34within the sector's middle half▼ 29.10
Return on assets (ROA)23.4%above the sector's middle half▲ 32.1pp13.6%above the sector's middle half▼ 9.8pp0.6%within the sector's middle half▼ 13.0pp0.7%within the sector's middle half▲ 0.1pp31.3%above the sector's middle half▲ 30.6pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000Operating result 2021: €391,001€391,001Net result 2021: €330,636€330,636Operating result 2022: €259,236€259,236Net result 2022: €194,402€194,402Operating result 2023: -€10,089-€10,089Net result 2023: €4,974€4,974Operating result 2024: -€7,378-€7,378Net result 2024: €1,977€1,977Operating result 2025: €168,401€168,401Net result 2025: €130,034€130,03420212022202320242025-€50,000€0€50,000€100,000€150,000Operating result 2023: -€10,089-€10,100Net result 2023: €4,974€4,970Operating result 2024: -€7,378-€7,380Net result 2024: €1,977€1,980Operating result 2025: €168,401€168,000Net result 2025: €130,034€130,000202320242025
The operating result returns to profit in 2025: €168,401 after a loss of €7,378 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €415,202
Equity €105,945 ▼ 61.6%
Debt €309,257 ▲ 3,200%
Debt's share of the balance-sheet total rises from 3.3% to 74.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
2.92▲
2024 · 0.03
ROE
122.7%▲
2024 · 0.7%
Debt ≤ 1 year
€309,257▲
2024 · €9,370
Income taxes
€43,878▲
2024 · €659
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of 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
1.0% went bankrupt
3.7% stopped otherwise
95% still going

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%.

The companies in ten equal groups, from lowest to 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% 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€285,281€415,202▲
Current assets29/58€285,281€415,202▲
Amounts receivable within one year40/41€1,659€406,666▲
Trade receivables40€223€266▲
Other amounts receivable41€1,437€406,400▲
Cash at bank and in hand54/58€283,622€8,536▼
Equity and liabilities
Total equity and liabilities10/49€285,281€415,202▲
Equity10/15€275,911€105,945▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€6,200€6,200=
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Profit (loss) carried forward14€207,711€37,745▼
Amounts payable17/49€9,370€309,257▲
Amounts payable within one year42/48€9,370€309,257▲
Trade debts44€6,944€8,380▲
Suppliers440/4€6,944€8,380▲
Taxes, remuneration and social security45€2,426€878▼
Taxes450/3€2,426€878▼
Other amounts payable47/48-€300,000
Income statement Code20242025
Operating income70/76A-€176,770
Turnover70-€176,770
Operating charges60/66A€7,378€8,369▲
Goods for resale, raw materials and consumables60-€1,126
Purchases600/8-€1,126
Services and other goods61€6,292€6,724▲
Other operating charges640/8€1,086€520▼
Operating profit (loss)9901-€7,378€168,401▲
Financial income75/76B€10,316€5,843▼
Recurring financial income75€10,316€5,843▼
Income from current assets751€10,316€5,843▼
Financial charges65/66B€302€332▲
Recurring financial charges65€302€332▲
Other financial charges652/9€302€332▲
Profit (loss) for the period before taxes9903€2,636€173,911▲
Income taxes67/77€659€43,878▲
Taxes670/3€900€43,878▲
Tax adjustments and reversals of tax provisions77€241-
Profit (loss) for the period9904€1,977€130,034▲
Profit (loss) for the period to be appropriated9905€1,977€130,034▲
Appropriation of the result
Profit (loss) to be appropriated9906€207,711€337,745▲
Profit (loss) brought forward from the previous period14P€205,734€207,711▲
Profit to be distributed694/7-€300,000
Return on contributions (dividend)694-€300,000

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
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%
Line20212022202320242025Change
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-
Line20212022202320242025Change
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.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
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)
02-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
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
2025
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
04-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Liquidity times 20current ratio 30.45
Current ratio from 1.53 to 30.45; short-term debt falls from €515,265 to €9,370.
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
05-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
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)
2023
13-11
State Gazette act Permanent representative: Christoph Oris
Resignation: 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
02-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
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
2022
11-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €330,636
Net result €330,636 after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 4.20
Current ratio from 1.63 to 4.20; short-term debt falls from €1.2m to €335,549.
31-12
Financial Equity above €1mEq €1.1m ▲44.4%
Equity rises from €743,922 to €1.1m.
07-10
State Gazette act Permanent representative: Wim Straetmans
Registered-office move3 facts ▸
  • Board meeting, 17-08-2021
  • Registered-office move, Borsbeeksebrug 22 b7, 2600 Antwerpen
  • Permanent representative, Wim Straetmans
30-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
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
2020
31-12
Financial Weakest financial yearnet -€167,547
Net result drops to -€167,547, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
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
2019
31-12
Financial Highest result since 2018net €556,088 ▲10.5%
Operating result €780,694, net result €556,088, both a record.
23-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
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)
05-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
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)
22-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 22 days late
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)
2016
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
2015
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
2014
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 Peeters
2 facts ▸
  • Permanent representative, Benoît De Landsheer
  • Permanent representative, Marc Peeters
2013
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 amendment
Capital 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
2011
03-02
State Gazette act Registered office
Registered-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
2010
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 & shares
Capital increase · Statutes amendment · Power of attorney4 facts ▸
  • General meeting, 23-12-2009
  • Capital increase, €1.600.000
  • Statutes amendment
  • Power of attorney, Catherine Gillardin
2009
05-01
State Gazette act Capital & shares
Capital increase · Statutes amendment · Power of attorney4 facts ▸
  • General meeting, 16-12-2008
  • Capital increase, €300.000
  • Statutes amendment
  • Power of attorney, Catherine GILLARDIN
2008
17-07
State Gazette act Resignations: Snippe beheer B.V., Snippe International B.V. and André Snippe
Appointments: 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
2007
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)
2006
19-06
State Gazette act Registered office · Capital & shares · Statutes amendment
Registered-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
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
26 of 26 acts read

Directors · office · real estate

Directors
3 directors, no change since 2026

Board 3

Guillermo
Director · since 03-06-2024 · Legal entity · perm. rep.: Wim Straetmans
Current
On Track
Director · since 03-06-2024 · Legal entity · perm. rep.: Bruno Van Loocke
Current
Jochen Van Dijk
Director · since 02-02-2026
Current
3 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
AM Deelnemingen IV B.V.
Director · since 30-01-2008 · Legal entity · perm. rep.: P.G.A. Noordanus
Not recently confirmed
GUILLERMO
Director · since 01-01-2017 · Private limited company · perm. rep.: Wim Straetmans
Not recently confirmed
KAIROS
Director · since 22-06-2018 · Public limited company · perm. rep.: Benoît De Landsheer
Not recently confirmed

Day-to-day management 1

GUILLERMO
Managing director · since 01-01-2017 · Private limited company · perm. rep.: Wim Straetmans
Not recently confirmed

Permanent representatives 2

Bruno Van Loocke
Permanent representative · since 03-06-2024 · for On Track
Current
Wim Straetmans
Permanent representative · since 03-06-2024 · for Guillermo
Current
3 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
P.G.A. Noordanus
Permanent representative · since 30-01-2008 · for AM Deelnemingen IV B.V.
Not recently confirmed
Henri De Pater
Permanent representative · since 01-01-2010
Not recently confirmed
Benoît De Landsheer
Permanent representative · since 22-06-2018 · for KAIROS
Not recently confirmed

Statutory auditor 1

KPMG Bedrijfsrevisoren BV/SRL
Statutory auditor · since 10-07-2026 · perm. rep.: Christophe Van Parys
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
2.4 ha
Building footprint
2,699 m²
Parcel 11302A0095/00E008, Flanders. Linked by address, not a title deed.
177 companies at this address See who is registered here
1 establishment unit
CITY PROJECTS
Borsbeeksebrug 22, 2600 AntwerpenNACE 7011101
since 20042.143.123.443
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11302A0095/00E008 Flanders 2.4 ha 1 · 2,699 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

26 people since 2006, 8 in office
Show
  • Board
  • Day-to-day management
  • Permanent representative
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Guillermo
  • Director, already before 03-06-2024 to date
On Track
  • Director, already before 03-06-2024 to date
Jochen Van Dijk
  • Director, from 02-02-2026 to date
KPMG Bedrijfsrevisoren BV/SRL
  • Statutory auditor, from 10-07-2026 to date
AM Deelnemingen IV B.V.
  • Director, from 30-01-2008 not ended, last confirmed 17-07-2008
KAIROS
  • Director, from 20-12-2012 to 01-01-2017
  • Director, from 22-06-2018 not ended, last confirmed 04-12-2018
GUILLERMO
  • Director, from 01-01-2017 not ended, last confirmed 04-12-2018
  • Managing director, from 01-01-2017 not ended, last confirmed 04-12-2018
Henri De Pater
  • Permanent representative, from 01-01-2010 not ended, last confirmed 26-09-2013
EY Bedrijfsrevisoren
  • Auditor, from 20-06-2016 to 10-07-2026
On Track bv
  • Director, from 28-08-2023 to 02-02-2026
Christoph Oris
  • Permanent representative, until 02-06-2025
Krossroads bv
  • Director, from 01-01-2021 to 28-08-2023
Kairos NV
  • Director, until 01-01-2021
Jan Van Nuffel
  • Director, from 23-06-2017 to 31-10-2017
ALMACON
  • Director, from 01-12-2014 to 23-06-2017
  • Managing director, from 01-12-2014 to 01-01-2017
PWC Bedrijfsrevisoren BCVBA
  • Statutory auditor, from 01-01-2012 to 20-06-2016
PHIVEST
  • Director, from 20-12-2012 to 01-12-2014
  • Managing director, from 13-09-2013 ended, last mentioned 26-09-2013
AM Belgium BV (voorheen AM Deelnemingen IV B.V.)
  • Director, until 20-12-2012
AM Vastgoedontwikkeling B.V.
  • Director, from 08-06-2010 to 20-12-2012
André Snippe
  • Managing director, from 30-09-2006 to 08-06-2010
  • Director, already before 30-01-2008 to 08-06-2010
P.G.A. Noordanus
  • Permanent representative, until 31-12-2009
SNIPPE BEHEER
  • Director, until 30-01-2008
Snippe beheer B.V.
  • Director, until 30-01-2008
SNIPPE INTERNATIONAL
  • Director, until 30-01-2008
Snippe International B.V.
  • Director, until 30-01-2008
André Trossaert
  • Director and managing director, until 30-09-2006
  • Director and managing director, until 30-09-2006
See the board, name and seat on a given date →

Articles of association

Purpose
Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten... Het…
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

Part of the group Koninklijke BAM Groep N.V. 25 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. Koninklijke BAM Groep N.V.NL 100%
  2. BAM BELGIUM 100%
  3. LANDSBEECK 100%
  4. CITY PROJECTS

Highest known parent: Koninklijke BAM Groep N.V. (Netherlands). The sources do not say who stands above it.

Owners 1

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 companies
Linked via shared directors
CITY PROPERTY
Shared director
→
ESPACE TRIANON
Shared director
→
LeFun
Shared director
→
Snippe Holding Benelux
Shared director
→
Show 5 more companies with a shared director
BAM BELGIUM
Shared corporate director
→
BAM Maintenance Belgium
Shared corporate director
→
BAM Mat
Shared corporate director
→
DUKA IMMO
Shared corporate director
→
PUBSTONE GROUP
Shared corporate director
→

Capital and shareholders

Capital over the years
  1. 29-02-2024 Capital stated in the act · 62,000 EUR · 755 shares
  2. 28-01-2013 Capital increase of 202,404.48 EUR · to 2,170,904.48 EUR · 70 new shares · in cash
  3. 28-01-2013 Capital reduction of 2,108,904.48 EUR · to 62,000 EUR · “aanzuivering van overgedragen verliezen”
  4. 08-01-2010 Capital increase of 1,600,000 EUR · to 1,968,500 EUR · in cash
  5. 05-01-2009 Capital increase of 300,000 EUR · to 368,500 EUR · in cash

Similar companies · same sector, comparable size

Of 9,696 companies in sector 68121 we hold annual accounts for 7,392. 5,323 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded03-08-2004
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0866631256
Also 9925:BE0866631256
Registered 03-09-2025

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.