Skip to content

City Properties

Active
Private limited companyfounded 201411 years activeKouter 158, 9000 Gent, BelgiumKBO/BCE: BE 0506.686.923
Summary

The computed 12-month bankruptcy probability of City Properties is 6.8% (elevated). The 2024 annual accounts show equity of €189,683 and a net result of -€124,036. Equity is shrinking by ~10.4% per year across the filed fiscal years. The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Projectontwikkeling in de meest ruime zin van het woord
From the articles, 7 activitiesNo NACE code in the KBO yet1 site
Size
€3.2mtotal assets 2024
Equity
€189,683
Loss
-€124,036
Turnover not published (abridged schema)
Financial health
32 Weak Checked score 2024
Bankruptcy probability, 12 months
6.8%
Structure
Largest shareholder
PHILSTONE · 50%
Board
2 members
Accounts 68 days overdue1 of 5 deeds read
Why 32- Figures for FY 2024 (filed 24-11-2025)- 1 change of registered office in 24 months- Liquidity: current ratio 1.06, cash €1,328+ Size: total assets €3.2mShow the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 11% of its sector peers (no NACE code, small)
Financial strength · tick = 2023
Weak
Solvency 31-3
equity 5.9% of total assets
Liquidity 0=
short-term debt 94.1% · cash 0.0%
Profitability 28-3
return on assets -3.9%
Bankruptcy probability, 12 months
6.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 4.5% 12-2024: 4.6%▲ +0.1 percentage points vs 11-2024 01-2025: 4.5%▼ -0.1 percentage points vs 12-2024 02-2025: 4.5%● unchanged vs 01-2025 03-2025: 4.5%● unchanged vs 02-2025 04-2025: 4.5%● unchanged vs 03-2025 05-2025: 4.5%● unchanged vs 04-2025 06-2025: 4.4%▼ -0.1 percentage points vs 05-2025 07-2025: 4.3%▼ -0.1 percentage points vs 06-2025 08-2025: 4.1%▼ -0.2 percentage points vs 07-2025 09-2025: 4.2%▲ +0.1 percentage points vs 08-2025 10-2025: 4.2%● unchanged vs 09-2025 11-2025: 4.2%● unchanged vs 10-2025 12-2025: 1.7%▼ -2.5 percentage points vs 11-2025 01-2026: 1.6%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 1.7%▲ +0.1 percentage points vs 01-2026 03-2026: 2.6%▲ +0.9 percentage points vs 02-2026 04-2026: 2.5%▼ -0.1 percentage points vs 03-2026 05-2026: 2.7%▲ +0.2 percentage points vs 04-2026 06-2026: 3.0%▲ +0.3 percentage points vs 05-2026 07-2026: 2.9%▼ -0.1 percentage points vs 06-2026 08-2026: 3.6%▲ +0.7 percentage points vs 07-2026 09-2026: 4.2%▲ +0.6 percentage points vs 08-2026 10-2026: 6.8%▲ +2.6 percentage points vs 09-2026highest value
Credit up to €6,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.06 against 1.1 in 2023; short-term debt: 94.1% and cash: 0% of total assets), and 94.1% of the assets are financed with debt.
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 (no NACE code, small): better than 18% on solvency, 2% on liquidity, 19% on profitability and 7% on growth.

The bankruptcy probability was computed on 06-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals.
−lowers risk+raises risk
lowers risk · Size: total assets €3.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 24-11-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Liquidity: current ratio 1.06, cash €1,328
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€124,036
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-11-2025, 116 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
116 days late
2023
481 days late
2022
847 days late
2021
30 days late
2020
31 days late
2019
63 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 261 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Resignation: J.V.D. Holding (director)Appointments: Sogefim (non-statutory director) and…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Risk: 4 loss-making years in a rowloss fiscal year 2024 -€124,036 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Board changedlatest change 16-02-2026 · 2 in office 2 joined · 1 left View
  • Caution: Equity fell in 2024from €313,718 to €189,683 ▼ 39.5% View

By topic

Financials

Fiscal year
2024
Total assets
€3.2m
Loss
-€124,036
Solvency
5.9%
Total assets▼ 3.7%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 24-11-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 30-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
09-12-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Financial year
From 1 October to 30 September
Annual meeting
Second Monday of March at 14:00; the first on 08-03-2027
Purpose
Projectontwikkeling in de meest ruime zin van het woord; Handel in eigen onroerend goed…
Go to Articles of association

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.