CITYZEN HOTEL
ActiveSummary
CITYZEN HOTEL has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22.58M and a net result of €163k. Equity is growing by ~49.6% per year across the filed fiscal years. Its solvency ranks better than 51% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38=
Solvency64▼-14
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.35M at 30 days acceptable
Liquidity tight (current ratio 1.03 against 0.26 in 2024; short-term debt: 1.5% and cash: 1.4% of total assets), and 60.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.4%
Return on assets
0.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
15 d early
2024
35 d early
2023
44 d early
2022
23 d late
2021
64 d late
2020
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.27M
EBIT margin
84.9%
Net result
€163k▲ 1.2%
2024 · €161k
2020: €393k
2021: €386k
2022: €-234k
2023: €-112k
2024: €161k
2020 → 2025
Working capital
€25k
2024 · €-1.64M
2020: €3.94M
2021: €6.94M
2022: €9.25M
2023: €-13.39M
2024: €-1.64M
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.67M-€6.40M▲ 284%€14.68M▲ 129%€22.42M▲ 52.8%€22.58M▲ 0.7%
Operating result€868k-€40k▼ 95.4%€-121k€76k€-8k
Net result€386k-€-234k€-112k▲ 52.2%€161k€163k▲ 1.2%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €76k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57.36M
Fixed assets
€56.50M ▲ 35.1%
Current assets
€864k ▲ 52.6%
Equity and liabilities €57.36M
Equity
€22.58M ▲ 0.7%
Debt
€34.78M ▲ 74.1%
Debt's share of the balance-sheet total rises from 47.1% to 60.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.03▲
2024 · 0.26
Debt to equity
1.54▲
2024 · 0.89
ROE
0.7%▲
2024 · 0.7%
ROA
0.3%▼
2024 · 0.4%
Debt ≤ 1 year
€839k▼
2024 · €2.21M
Debt > 1 year
€33.86M▲
2024 · €17.76M
Income taxes
€8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€42.39M€57.36M▲
Fixed assets21/28€41.83M€56.50M▲
Tangible fixed assets22/27€38.34M€52.91M▲
Assets under construction and advance payments27€38.34M€52.91M▲
Financial fixed assets28€3.48M€3.58M▲
Current assets29/58€566k€864k▲
Amounts receivable within one year40/41€212k€9k▼
Trade receivables40€122k€0▼
Other amounts receivable41€90k€9k▼
Cash at bank and in hand54/58€354k€800k▲
Deferred charges and accrued income490/1€0€55k▲
Equity and liabilities
Total equity and liabilities10/49€42.39M€57.36M▲
Equity10/15€22.42M€22.58M▲
Contributions10/11€21.83M€21.83M=
Capital10€21.83M€21.83M=
Issued capital100€21.83M€21.83M=
Uncalled capital101€0-
Reserves13€47k€55k▲
Non-distributable reserves130/1€47k€55k▲
Legal reserve130€47k€55k▲
Profit (loss) carried forward14€547k€702k▲
Amounts payable17/49€19.97M€34.78M▲
Amounts payable after more than one year17€17.76M€33.86M▲
Financial debts170/4€17.76M€33.86M▲
Amounts payable within one year42/48€2.21M€839k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€2.21M€831k▼
Suppliers440/4€2.21M€831k▼
Taxes, remuneration and social security45-€8k
Taxes450/3-€8k
Accrued charges and deferred income492/3€0€81k▲
Income statement
Code20242025
Other operating charges640/8€0€2k▲
Gross operating margin9900€76k€-6k▼
Operating profit (loss)9901€76k€-8k▼
Financial income75/76B€85k€179k▲
Recurring financial income75€85k€179k▲
Profit (loss) for the period before taxes9903€161k€171k▲
Income taxes67/77-€8k
Profit (loss) for the period9904€161k€163k▲
Profit (loss) for the period to be appropriated9905€161k€163k▲
Appropriation of the result
Profit (loss) to be appropriated9906€555k€710k▲
Profit (loss) brought forward from the previous period14P€393k€547k▲
Transfer to equity691/2€8k€8k▲
To the legal reserve6920€8k€8k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-09
State Gazette act
Reappointments: BRYSON Aaron (director) and HONARVAR Houdin (director)Resignations: Adel Yahia Consult BV (director) and A³ Management BV (director) · Permanent representatives: Adel YAHIA, Marnix GALLE and 4 others · Appointments: L.A.W. BV (director) and Queen-K BV (director)15 facts ▸
State Gazette act
Reappointments: BRYSON Aaron (director) and HONARVAR Houdin (director)
Resignations: Adel Yahia Consult BV (director) and A³ Management BV (director) · Permanent representatives: Adel YAHIA, Marnix GALLE and 4 others · Appointments: L.A.W. BV (director) and Queen-K BV (director)15 facts ▸
- General meeting, 24-06-2026
- Director reappointment, BRYSON Aaron (director)
- Director reappointment, HONARVAR Houdin (director)
- Director resignation, Adel Yahia Consult BV (director)
- Permanent representative, Adel YAHIA (permanent representative)
- Director resignation, A³ Management BV (director)
- Permanent representative, Marnix GALLE (permanent representative)
- Director discharge, Adel Yahia Consult BV
- Director discharge, A³ Management BV
- Director appointment, L.A.W. BV (director)
- Director appointment, Queen-K BV (director)
- Permanent representative, Stephanie De Wilde (permanent representative)
- +3 further facts in this act
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 1.03
Current ratio from 0.26 to 1.03; short-term debt falls from €2.21M to €839k.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €161k
Net result €161k after 2 loss-making years.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €10MEq €14.68M ▲129%
Equity rises from €6.40M to €14.68M.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
31-12
Financial
Weakest financial yearnet €-234k ▼161%
Net result drops to €-234k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €5MEq €6.40M ▲284%
Equity rises from €1.67M to €6.40M.
03-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 64 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26115169). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Lady At Work
CurrentDirector · since 14-09-2026 · Private limited company · perm. rep.: Stephanie De Wilde
QUEEN-K
CurrentDirector · since 14-09-2026 · Private limited company · perm. rep.: Olivier Thiel
BRYSON Aaron
CurrentDirector
HONARVAR Houdin
CurrentDirector
14-09-2026
Lady At Work: Appointed as Director
14-09-2026
QUEEN-K: Appointed as Director
14-09-2026
ADEL YAHIA CONSULT: Resigned as Director
14-09-2026
A³ Management BV: Resigned as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2019
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.
Anspachlaan 11000 BrusselGround area
6,482 m²
Building footprint
4,827 m²
Volume, LiDAR
188,668 m³
Parcel 21812N1468/00B000, Brussels · tallest building 74.9 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
CITYZEN HOTEL
since 20192.290.430.118
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1468/00B000 | Brussels | 6,482 m² | 1 · 4,827 m² | 74.9 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
15 connected companiesLinked via shared directors
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Show 11 more companies with a shared director
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Recognitions · licences · registrations
Legal Entity Identifier
699400VEOB9TMA5LBP12
Similar companies · same sector, comparable size
Van Roey Vastgoed
BE 0446.230.385
Rijkevorsel · Eq €22,562,489
JUFRA
BE 0885.824.190
Temse · Eq €22,528,871
SOVAGA
BE 0453.487.965
Zonnebeke · Eq €22,522,064
V & V INVEST
BE 0869.592.528
De Haan · Eq €22,725,345
IMMO RAC HASSELT
BE 0878.175.939
Brussel · Eq €22,729,529
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 659 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.