CITY SQUARE
ActiveSummary
The annual accounts of CITY SQUARE for financial year 2025 show a net loss of 52% of the equity at the start of that year. The 2025 annual accounts show equity of €2,754 and a net result of -€2,991. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 21,110 sector peers (NACE 62, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Verlening diensten en advies in ICT en informatica in de meest ruime zin; Groothandel en detailhandel software en hardware…” (deed in Dutch)
4 activities (deed in Dutch)
- Verlening diensten en advies in ICT en informatica in de meest ruime zin
- Groothandel en detailhandel software en hardware
- Software-ontwikkeling voor business en eindklanten, inclusief vzw's
- Diensten en advies in bedrijfsmanagement en Human Resources
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CITY SQUARE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Benoemd met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)“13, behalve deze die wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)“15, geboekt op algemene kosten los van representatie- reis- en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, beschikbare eigen vermogensrekeningen” (deed in Dutch)1 more provision on this in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid verworven aantal bij meerdere…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 12:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering in vormen statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering mag een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, ontbinding om welke reden en op…” (deed in Dutch)