Cityforward Joseph 99
The computed 12-month bankruptcy probability of Cityforward Joseph 99 is 1.5% (moderate). The 2024 annual accounts show equity of €5.35M and a net result of €-728k. Its solvency ranks better than 62% 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 | €5.35M |
| Net result | €-728k |
| Better than sector | 62% |
| 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 | 26.9% | 14.4% | |
| Net result | €-728k | €0 | |
| Equity | €5.35M | €109k | |
| Gross operating margin | €-12k | €51k | |
| Total assets | €19.90M | €1.50M |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-13k |
| Net profit | €-728k |
| Cash flow | €-58k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €19.90M |
| Equity | €5.35M |
| Debt | €14.55M |
| of which ≤ 1y | €6k |
| of which > 1y | €14.54M |
| Working capital | €-3k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.42 |
| Quick ratio | 0.42 |
| Working capital ratio | 0.0% |
| Solvency | 26.9% |
| Debt / equity | 2.72 |
| Long-term debt ratio | 2.72 |
| Interest coverage | -0.30 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.7% |
| ROE | -13.6% |
| 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 | €19.90M |
| Fixed assets | 21/28 | €19.90M |
| Tangible fixed assets | 22/27 | €19.90M |
| Current assets | 29/58 | €2k |
| Amounts receivable within one year | 40/41 | €0 |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €19.90M |
| Equity | 10/15 | €5.35M |
| Contributions / capital | 10/11 | €6.08M |
| Accumulated profits (losses) | 14 | €-728k |
| Amounts payable | 17/49 | €14.55M |
| Amounts payable after one year | 17 | €14.54M |
| Amounts payable within one year | 42/48 | €6k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €-12k |
| Operating result | 9901 | €-683k |
| Financial charges | 65 | €45k |
| Result before taxes | 9903 | €-728k |
| Net result for the period | 9904 | €-728k |
| Result to be appropriated | 9905 | €-728k |
-
Current30-05-2024 → present
-
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 |
Show 1 earlier auditors
| Forvis Mazars Bedrijfsrevisoren Company auditor · represented by Anton Nuttens succeeded by Forvis Mazars Réviseurs d’Entreprises in 2025 |
- | 13-06-2024 → 18-07-2025 |
| NACE primary | Ontwikkeling van niet-residentiële bouwprojecten(68122) |
| Legal form | Private limited company(610) |
| Incorporation | 21-12-2023 |
| Status | Active |
| Postal code | 1000 |
Show 2 more companies with a shared director
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 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
03-04-2026 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"notary": {
"name": "Vincent Vroninks",
"firm_city": null,
"firm_name": null,
"office_city": "Elsene",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-04-03",
"filing_date": "2026-04-01",
"act_kind_objet": "DIVERSEN"
},
"key_dates": [
{
"date": "2026-03-09",
"label": "proces-verbaal opgemaakt"
},
{
"date": "2026-03-17",
"label": "geregistreerd"
},
{
"date": "2026-04-01",
"label": "Gelijktijdige neerlegging"
}
],
"key_parties": [
{
"kbo": "1003746102",
"kind": "org",
"name": "Cityforward Joseph 99",
"role": "aandeelhouder"
},
{
"kind": "person",
"name": "Vincent Vroninks",
"role": "notaris"
}
],
"key_amounts_eur": [
{
"label": "Ontvangen registratierechten",
"amount": 50.0
},
{
"label": "verhoging eigen vermogen",
"amount": 2950000.0
}
],
"subject_company": {
"kbo": "1003.746.102",
"name_full": "Cityforward Joseph 99",
"legal_form": "Besoloten Vennootschap"
},
"publication_proxy": {
"kind": null
},
"summary_narrative": "",
"co_filed_documents": [],
"detected_real_type": "capital_increase"
}24-11-2025 Kurt MARICHAL reappointed as statutory auditor
- Kurt MARICHAL, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_renew",
"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": "1003.746.102",
"name_full": "CITYFORWARD JOSEPH 99",
"legal_form": "BV"
}
}26-06-2024 Valérie Vermandel reappointed as manager
- Valérie Vermandel, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_renew",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Val\u00E9rie Vermandel",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0791629965",
"name": "VALERIE VERMANDEL",
"address": null,
"country": null,
"legal_form": 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 en bestuurder mevrouw Val\u00E9rie Vermandel, van Belgische nationaliteit, wonende te Rue de Neck 22, box 31, 1081 Koekelberg, wordt belast "
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1003.746.102",
"name_full": "CITYFORWARD JOSEPH 99",
"legal_form": "BV"
}
}19-06-2024 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": false,
"effective_date": "2024-06-13",
"legal_form_change": false
},
"bedrijfsrevisor": {
"quote": "heeft de commissaris van de vennootschap zijnde de besloten vennootschap \u0022Forvis Mazars Bedrijfsrevisoren\u0022, waarvan de zetel gevestigd is te Sint-Joost-ten-Node (1210 Brussel), Bolwerklaan 21 bus 8, gekend onder het ondernemingsnummer BTW BE 0428.837.889 RPR Brussel (franstalige afdeling), vertegenwoordigd door de heer Anton Nuttens, bedrijfsrevisor, op 13 juni 2024, het verslag opgemaakt",
"firm_kbo": "BE0428.837.889",
"firm_name": "Forvis Mazars Bedrijfsrevisoren",
"ibr_number": null,
"individual_name": "Anton Nuttens"
},
"subject_company": {
"kbo": "1003.746.102",
"name_full": "CITYFORWARD JOSEPH 99",
"legal_form": "BV"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}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": "1003.746.102",
"name_full": "CITYFORWARD JOSEPH 99",
"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": 4786087,
"amount_subscribed_eur": 4786087,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 4786087,
"subject_company": {
"kbo": "1003.746.102",
"name_full": "Cityforward Joseph 99",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2023-12-19",
"post_incorporation_mandates": []
}| Legal nameNL | Cityforward Joseph 99 |