CITYZEN HOLDING
The computed 12-month bankruptcy probability of CITYZEN HOLDING is 3.0% (moderate). The 2024 annual accounts show equity of €93.40M and a net result of €-43k. Equity is growing by ~81.2% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €93.40M |
| Net result | €-43k |
| Active | 7 yrs |
| Locations | 1 |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
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 →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Show 5 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | - |
| Net profit | €-43k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €100.61M |
| Equity | €93.40M |
| Debt | €7.21M |
| of which ≤ 1y | €3k |
| of which > 1y | €7.21M |
| Working capital | €218k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 72.79 |
| Quick ratio | 72.79 |
| Working capital ratio | 0.2% |
| Solvency | 92.8% |
| Debt / equity | 0.08 |
| Long-term debt ratio | 0.08 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 0.0% |
| ROE | 0.0% |
| 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 | €100.61M |
| Fixed assets | 21/28 | €100.39M |
| Financial fixed assets | 28 | €100.39M |
| Current assets | 29/58 | €221k |
| Stocks & contracts in progress | 3 | €0 |
| Cash & bank | 54/58 | €221k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €100.61M |
| Equity | 10/15 | €93.40M |
| Contributions / capital | 10/11 | €93.50M |
| Accumulated profits (losses) | 14 | €-103k |
| Amounts payable | 17/49 | €7.21M |
| Amounts payable after one year | 17 | €7.21M |
| Amounts payable within one year | 42/48 | €3k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Operating result | 9901 | €-26k |
| Financial income | 75 | €321k |
| Financial charges | 65 | €337k |
| Result before taxes | 9903 | €-43k |
| Net result for the period | 9904 | €-43k |
| Result to be appropriated | 9905 | €-43k |
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 05-03-2019 |
| Status | Active |
| Postal code | 1000 |
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. |
|---|---|---|---|---|
| 21812N1468/00B000 | Brussels | 6,482 m² | 1 · 4,827 m² | 74.9 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 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
19-07-2024 Robin Huybrechts reappointed as statutory auditor
- Robin Huybrechts, Commissaris
Technical details
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}25-06-2024 Capital increase of €3,500,000 to €93,500,000
- €90.000.000 → €93.500.000
- Inbreng in geld · Apport en numéraire
Technical details
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}30-05-2024 Capital increase of €21,489,225 to €90,000,000
- €68.510.775 → €90.000.000
- Inbreng in geld · Apport en numéraire
Technical details
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}04-12-2023 Capital increase of €10,000,000 to €68,510,775
- €58.510.775 → €68.510.775
- Inbreng in geld · Apport en numéraire
Technical details
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}19-05-2023 Capital increase of €20,000,000 to €58,510,775
- €38.510.775 → €58.510.775
- Inbreng in geld · Apport en numéraire
Technical details
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}10-11-2022 4 directors appointed, 1 resigning
- Filip De Bock, Commissaris
- Adel Yahia, Vaste vertegenwoordiger
- Houdin Honarvar
- Aaron Bryson
- Kurt Dehoorne, Commissaris
Technical details
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}08-11-2022 Capital increase of €18,510,775 to €38,510,775
- €20.000.000 → €38.510.775
- Inbreng in geld · Apport en numéraire
- 2 kapitaalbewegingen in deze akte
Technical details
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"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": 17584198,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "Yorik DESMYTTERE",
"firm_city": null,
"firm_name": "BERQUIN NOTARISSEN",
"office_city": "Brussel",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2022-11-08",
"filing_date": "2022-11-04",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2022-10-28",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": null
},
"bedrijfsrevisor": {
"waived": false,
"firm_kbo": null,
"firm_name": "KPMG Bedrijfsrevisoren",
"ibr_number": "B00413",
"mission_type": "inbreng_in_natura",
"individual_name": "Filip De Bock"
},
"subject_company": {
"kbo": "0721.884.985",
"name_full": "CITYZEN HOLDING",
"legal_form": "Naamloze vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expedition van het proces-verbaal",
"drie volmachten",
"het verslag van het bestuursorgaan",
"het verslag van de commissaris",
"de geco\u00F6rdineerde tekst van de statuten"
],
"shareholders_after": [],
"share_classes_after": []
}20-10-2022 Registered office moved within Brussel
- Regentschapsstraat 58, 1000 Brussel → Anspachlaan 1, 1000 Brussel
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Anspachlaan 1, 1000 Brussel",
"city": "Brussel",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Anspachlaan",
"country": "BE",
"postcode": "1000",
"box_number": null,
"street_number": "1",
"locality_suffix": null
},
"old_address": {
"raw": "Regentschapsstraat 58, 1000 Brussel",
"city": "Brussel",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Regentschapsstraat",
"country": "BE",
"postcode": "1000",
"box_number": null,
"street_number": "58",
"locality_suffix": null
},
"effective_date": "2022-05-27",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2022-10-12",
"act_kind_objet": "Zetelverplaatsing - Volmacht"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2022-10-12",
"unanimous": null
},
"subject_company": {
"kbo": "0721.884.985",
"name_full": "CITYZEN HOLDING",
"legal_form": "Naamloze vennootschap"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "B-docs BV",
"person_name": null,
"org_rep_person_name": "Hanane MEJDOUBI",
"person_role_at_subject": null
},
"co_filed_documents": [
"kopie na neerlegging van de akte ter griffie"
]
}| Legal nameNL | CITYZEN HOLDING |