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Citymesh Navigator

Active
Public limited company·Activiteiten van holdings· 3 yrs active
Siemenslaan 13 ·8020 Oostkamp, Belgium
KBO/BCE: BE 0803.631.340
Watch Print / PDF
Age3 yrs
Board5
Connections13
Real estate1 parcel · 489 m²

Summary

Conclusion

the dossier summarised in one paragraph

Citymesh Navigator is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show negative equity (€-231k) and a net result of €-222k. Its solvency ranks better than 5% of 1407 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Signals

1 signal · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1407 sector peers (2024).
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 22-07-2025 9 d early 2025-00294488
31-12-2023 31-07-2024 29-07-2024 2 d early 2024-00305318

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

Equity€-231k-2362.0%
Net result€-222k-115.9%
Total assets€5.12M+44.4%
Solvency-4.5%-4.2pp

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 22-07-2025 with the NBB · fiscal year 2024 · verkort
€-300k€-200k€-100k€0Operating result 2023: €-28k€-28kNet result 2023: €-103k€-103kOperating result 2024: €-10k€-10kNet result 2024: €-222k€-222k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 64, Financial services · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -4.5% 37.4%
better than 5% of 1407 sector peers
Net result €-222k €46k
better than 5% of 1406 sector peers
Equity €-231k €362k
better than 5% of 1407 sector peers
Gross operating margin €-10k €65k
better than 10% of 1405 sector peers
Employees (FTE) 0.0 0.0
better than 35% of 426 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Net profit
€-222k
-115.9% 23-24
Total assets
€5.12M
+44.4% 23-24
Equity
€-231k
-2362.0% 23-24
Employees (FTE)
0
- 23-24
Debt
€5.36M
+50.5% 23-24
Debt ≤ 1y
€1.59M
+6043.6% 23-24
Debt > 1y
€3.53M
0.0% 23-24
Solvency
-4.5%
-1605.4% 23-24
ROE
95.9%
-91.2% 23-24
ROA
-4.3%
-49.6% 23-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenuen/a
EBITDAn/a
Net profit€-222k
Cash flown/a
Staff costs-
Income taxes-
Dividends-
Total assets€5.12M
Equity€-231k
Debt€5.36M
of which ≤ 1y€1.59M
of which > 1y€3.53M
Working capitaln/a
Employees (FTE)0.0
Ratios (computed)
2024
Current ration/a
Quick ration/a
Working capital ration/a
Solvency-4.5%
Debt / equityn/a
Long-term debt ration/a
Interest coveragen/a
Gross marginn/a
Net marginn/a
ROA-4.3%
ROE95.9%
EBITDA marginn/a
Days sales outstandingn/a
Days payable outstandingn/a
Inventory turnovern/a
Days inventory (DSI)n/a
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€5.12M
Fixed assets 21/28€2.42M
Financial fixed assets 28€2.42M
Current assets 29/58€2.71M
Amounts receivable within one year 40/41€2.69M
Cash & bank 54/58€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€5.12M
Equity 10/15€-231k
Contributions / capital 10/11€65k
Reserves 13€412
Accumulated profits (losses) 14€-351k
Amounts payable 17/49€5.36M
Amounts payable after one year 17€3.53M
Amounts payable within one year 42/48€1.59M
Trade debts payable within one year 44€23k
Income statement
Gross operating margin 9900€-10k
Operating result 9901€-10k
Financial income 75€9k
Financial charges 65€220k
Result before taxes 9903€-222k
Net result for the period 9904€-222k
Result to be appropriated 9905€-222k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Directors

Directors & mandates

under verification
Directors derived from a single State Gazette act, under verification
All 5 current directors first appear in the same act (25152312). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.
Current directors & mandates
  • ANSALegal entity
    Director· perm. rep.: André Knaepen
    State Gazette act 25152312 (02-12-2025)
    Current
    07-07-2025 → present
  • Ghost ConsultingLegal entity
    Director· perm. rep.: Mitch De Geest
    State Gazette act 25152312 (02-12-2025)
    Current
    07-07-2025 → present
  • MARCOFINLegal entity
    Director· perm. rep.: Jean-Marc Roelandt
    State Gazette act 25152312 (02-12-2025)
    Current
    07-07-2025 → present
  • SliceLegal entity
    Director· perm. rep.: Joeri Tranchet
    State Gazette act 25152312 (02-12-2025)
    Current
    07-07-2025 → present
  • TOVILegal entity
    Director· perm. rep.: Tom Knaepen
    State Gazette act 25152312 (02-12-2025)
    Current
    07-07-2025 → present
Former directors (6)
  • DEBUTOLegal entity
    Director· perm. rep.: Herbert Vanhove
    State Gazette act 25152312 (02-12-2025)
    Former
    - → 07-07-2025
  • EsdaconLegal entity
    Director· perm. rep.: Stephan Daems
    State Gazette act 25152312 (02-12-2025)
    Former
    - → 07-07-2025
  • Freek Pauwels
    Director
    State Gazette act 25152312 (02-12-2025)
    Former
    - → 07-07-2025
  • ID en DLegal entity
    Director· perm. rep.: Stijn Bijnens
    State Gazette act 25152312 (02-12-2025)
    Former
    - → 07-07-2025
  • Mitch De Geest
    Director
    State Gazette act 25152312 (02-12-2025)
    Former
    - → 07-07-2025
  • SOFINLegal entity
    Director· perm. rep.: André Knaepen
    State Gazette act 25152312 (02-12-2025)
    Former
    - → 07-07-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Activiteiten van holdings(64210)
Legal form Public limited company(014)
Incorporation05-07-2023
StatusActive
Postal code8020

Structure & network

Connections & network

13 connected companies
ANSA, Sits on the board AANSAGhost Consulting, Sits on the board GCGhostConsultingMARCOFIN, Sits on the board MMARCOFINSlice, Sits on the board SSliceTOVI, Sits on the board TTOVICegeka Holding, Shared corporate director CHCegeka HoldingCitymesh Air, Shared corporate director CACitymesh AirCitymesh DIGI Holding, Shared corporate director CDCitymesh DIGIHoldingCitymesh Flex, Shared corporate director CFCitymesh FlexCitymesh Holding, Shared corporate director CHCitymeshHoldingCITYMESH INTEGRATOR, Shared corporate director CICITYMESHINTEGRATORCitymesh Mobile, Shared corporate director CMCitymeshMobileEDPNET Belgium, Shared corporate director EBEDPNET BelgiumCitymesh Navigator CitymeshNavigator0803.631.340
Group structureShared directors
Group structure
ANSA
Sits on the board · 4 subsidiaries · 1 location
Control→
Ghost Consulting
Sits on the board · 5 subsidiaries · 1 location
Control→
MARCOFIN
Sits on the board · 3 subsidiaries · 1 location
Control→
Slice
Sits on the board · 2 subsidiaries · 1 location
Control→
TOVI
Sits on the board · 4 subsidiaries · 1 location
Control→
Network connections
Cegeka Holding
Shared corporate director
→
Citymesh Air
Shared corporate director
→
Citymesh DIGI Holding
Shared corporate director
→
Citymesh Flex
Shared corporate director
→
Citymesh Holding
Shared corporate director
→
CITYMESH INTEGRATOR
Shared corporate director
→
Citymesh Mobile
Shared corporate director
→
EDPNET Belgium
Shared corporate director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

5 parties
Control over this companysits on this company's board5
Ghost Consulting
5 subsidiaries · 1 location
ANSA
4 subsidiaries · 1 location
TOVI
4 subsidiaries · 1 location
MARCOFIN
3 subsidiaries · 1 location
Slice
2 subsidiaries · 1 location
controls
Citymesh NavigatorBE 0803.631.340

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.

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Siemenslaan 138020 Oostkamp
Parcels1
Ground area489 m²
Buildings1
Building footprint489 m²
Volume (LiDAR)3,195 m³
Tallest building8.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31022I0599/00C000 Flanders 489 m² 1 · 489 m² 8.3 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

4 acts
All acts · 4 updated 3 months ago
2026
05-05-2026 Officer resignation · Power of attorney · Officer appointment · Act object Open-capture extraction
  • Filing: 2026-04-03 · Citymesh Navigator
  • Publication: 2026-05-05 · Citymesh Navigator
  • Officer resignation: role: bestuurder, acceptance_date: 2026-03-23, notification_date: 2026-02-27 · MARCOFIN BV
  • Power of attorney: scope: neerleggings- en publicatieformaliteiten ter griffie van de bevoegde ondernemingsrechtbank, granted_to: iedere bestuurder van de Vennootschap, decision_date: 2026-03-23 · Citymesh Navigator
  • Officer appointment: role: bestuurder · Mitch De Geest
  • Act object: Ontslag bestuurder
  • Power of attorney · Citymesh Navigator
Summary: Officer resignation · Power of attorney · Officer appointment · Act object
2025
02-12-2025 5 directors appointed, 6 resigning Director changes
  • Jean-Marc Roelandt, Bestuurder
  • Joeri Tranchet, Bestuurder
  • Tom Knaepen, Bestuurder
  • André Knaepen, Bestuurder
  • Mitch De Geest, Bestuurder
  • Freek Pauwels, Bestuurder
  • Mitch De Geest, Bestuurder
  • Stijn Bijnens, Bestuurder
Summary: v3.2
2024
25-10-2024 EY Bedrijfsrevisoren BV appointed as statutory auditor Director changes
  • EY Bedrijfsrevisoren BV, Commissaris
Summary: v3.2
2023
07-07-2023 Incorporation of a new NV Incorporation
Summary: oprichting

Analysis

Snowflake analysis

financial profile on 5 axes
Health-Profitability100Solvency60Growth32Stability94
72 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.

Health -
Profitability 100
Solvency 60
Growth 32
Stability 94

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Same sector and region
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 5,518 of the 24,679 companies in this sector.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Holdings64200Activiteiten van holdings64210
Primary activity highlighted.
Names & trade names
Legal nameNL Citymesh Navigator
Registered office
Siemenslaan 13
8020 Oostkamp, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.