Cityforward Demot 24
The computed 12-month bankruptcy probability of Cityforward Demot 24 is 1.5% (moderate). The 2024 annual accounts show equity of €4.16M and a net result of €-488k. Its solvency ranks better than 66% of 1709 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €4.16M |
| Net result | €-488k |
| Better than sector | 66% |
| Active | 2 yrs |
Fragile profile, watch profitability in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 31.2% | 14.4% | |
| Net result | €-488k | €0 | |
| Equity | €4.16M | €109k | |
| Gross operating margin | €-10k | €51k | |
| Total assets | €13.32M | €1.50M |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-11k |
| Net profit | €-488k |
| Cash flow | €-37k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €13.32M |
| Equity | €4.16M |
| Debt | €9.16M |
| of which ≤ 1y | €44k |
| of which > 1y | €9.11M |
| Working capital | €405 |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.01 |
| Quick ratio | 1.01 |
| Working capital ratio | 0.0% |
| Solvency | 31.2% |
| Debt / equity | 2.20 |
| Long-term debt ratio | 2.19 |
| Interest coverage | -0.43 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.7% |
| ROE | -11.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €13.32M |
| Fixed assets | 21/28 | €13.27M |
| Tangible fixed assets | 22/27 | €13.27M |
| Current assets | 29/58 | €45k |
| Amounts receivable within one year | 40/41 | €38k |
| Cash & bank | 54/58 | €7k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €13.32M |
| Equity | 10/15 | €4.16M |
| Contributions / capital | 10/11 | €4.65M |
| Accumulated profits (losses) | 14 | €-488k |
| Amounts payable | 17/49 | €9.16M |
| Amounts payable after one year | 17 | €9.11M |
| Amounts payable within one year | 42/48 | €44k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €-10k |
| Operating result | 9901 | €-462k |
| Financial charges | 65 | €26k |
| Result before taxes | 9903 | €-488k |
| Net result for the period | 9904 | €-488k |
| Result to be appropriated | 9905 | €-488k |
-
Current30-05-2024 → present
-
CECEPrivate limited companyDirector· perm. rep.: Tobias SCHWAGTENState Gazette act 24068278 (29-04-2024)Current18-04-2024 → present
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Forvis Mazars Réviseurs d’EntreprisesCurrent Statutory auditor · represented by Kurt MARICHAL |
- | 18-07-2025 → present |
| NACE primary | Ontwikkeling van residentiële bouwprojecten(68121) |
| Legal form | Private limited company(610) |
| Incorporation | 20-12-2023 |
| Status | Active |
| Postal code | 1000 |
Show 2 more network connections
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C1122/00M002 | Brussels | 1,150 m² | 1 · 1,007 m² | 28.8 m · 8 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-11-2025 1 director appointed, 1 resigning
- Kurt MARICHAL, Commissaris
- Anton Nuttens, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_out",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Anton Nuttens",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0428837889",
"name": "Forvis Mazars Bedrijfsrevisoren BV",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2025-07-18",
"evidence_quote": "De bestuurders hebben aldus kennisgenomen van de beslissing van de commissaris Forvis Mazars Bedrijfsrevisoren BV waarbij, metingang van 18 juli 2025, de heer Anton Nuttens, bedrijfsrevisor, als vertegenwoordiger vervangen wordt door de heer Kurt MARICHAL (IBR-inschrijvingsnummer A02197), bedrijfsre"
},
{
"kind": "commissaris_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Kurt MARICHAL",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0428837889",
"name": "Forvis Mazars Bedrijfsrevisoren BV",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2025-07-18",
"evidence_quote": "De bestuurders hebben aldus kennisgenomen van de beslissing van de commissaris Forvis Mazars Bedrijfsrevisoren BV waarbij, metingang van 18 juli 2025, de heer Anton Nuttens, bedrijfsrevisor, als vertegenwoordiger vervangen wordt door de heer Kurt MARICHAL (IBR-inschrijvingsnummer A02197), bedrijfsre"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1003.707.401",
"name_full": "CITYFORWARD DEMOT 24",
"legal_form": "BV"
}
}26-06-2024 VALERIE VERMANDEL appointed as manager
- VALERIE VERMANDEL, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "VALERIE VERMANDEL",
"address": null,
"birth_date": null
},
"effective_date": "2024-05-30",
"evidence_quote": "de besloten vennootschap \u0022VALERIE VERMANDEL\u0022, met zetel te Rue de Neck 22, box 31, 1081 Koekelberg, ondernemingsnummer 0791.629.965, met als vaste vertegenwoordiger er en bestuurder mevrouw Val\u00E9rie Vermandel, van Belgische nationaliteit, wonende te Rue de Neck 22, box 31, 1081 Koekelberg, wordt bela"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1003.707.401",
"name_full": "CITYFORWARD DEMOT 24",
"legal_form": "BV"
}
}29-04-2024 Tobias SCHWAGTEN appointed as director
- Tobias SCHWAGTEN, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Tobias SCHWAGTEN",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0750734963",
"name": "CECE",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2024-04-18",
"evidence_quote": "De vergadering besluit om te benoemen als bestuurder met ingang van heden: de besloten vennootschap \u0022CECE\u0022, met zetel te Kromstraat 124, 2520 Ranst, ondernemingsnummer 0750.734.963, met als vaste vertegenwoordiger de heer SCHWAGTEN, Tobias, van Belgische nationaliteit, wonende te Kromstraat 124, 252"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1003.707.401",
"name_full": "CITYFORWARD DEMOT 24",
"legal_form": "BV"
}
}27-12-2023 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "1000 Brussel, Koningsstraat 47",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": "1002.910.714",
"name": "Cityforward Schuman Holdco"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": "1002.910.714",
"holder_org_name": "Cityforward Schuman Holdco",
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 6992174,
"amount_subscribed_eur": 6992174,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 6992174,
"subject_company": {
"kbo": "1003.707.401",
"name_full": "Cityforward Demot 24",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2023-12-19",
"post_incorporation_mandates": []
}| Legal nameNL | Cityforward Demot 24 |