Summary
Cityforward has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €322.1m and a net result of -€40.7m. Equity is growing by about 42% per year across the filed financial years. Its solvency ranks better than 48% of 568 sector peers (NACE 63, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Group and network
Holdings and subsidiaries
4 holdings · 23 subsidiaries in the treeHoldings 4
Source for every holding own accounts 2025
- Bolivar JV BelsubsidiaryEquity €160.1mResult -€8.1m100%
- Cityforward Schuman HoldCosubsidiaryEquity €448.6mResult -€1.4m100%
- Egmont Luxemburg S.A.R.L.LUsubsidiaryEquity €54.1mResult -€3.5m100%
-
49%
All subsidiaries, including indirect ones 23
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- Bolivar JV Bel 100%
Cityforward Schuman HoldCo 100%20 subsidiaries
- Cityforward Belliard 232 100%
- Cityforward Belliard 68 100%
- Cityforward Borchette 100%
- Cityforward Demot 24 100%
- Cityforward Demot 28 100%
- Cityforward Froissart 101 100%
- Cityforward Joseph 54 100%
- Cityforward Joseph 70 100%
- Cityforward Joseph 79 100%
- Cityforward Joseph 99 100%
- Cityforward Loi 102 100%
- Cityforward Loi 130 100%
- Cityforward Loi 86 100%
- Cityforward Luxembourg 46 100%
- Cityforward Madou 100%
- Cityforward Montoyer 59 100%
- Cityforward Palmerston 100%
- Cityforward Spa 3 100%
- Cityforward Trèves 74 100%
- Cityforward Van Maerlant 18 100%
- Egmont Luxemburg S.A.R.L.LU 100%
According to the 2025 annual accounts of Cityforward and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
The board mandates are listed below; here you explore them as a network.