Citadel Finance
0447.332.425 · rovalta.com · 24/09/2026
ACTIVE
Citadel Finance
Financial year 2025 · closed on 31/12/2025
Net result
279,1 k €
+40.4% YoY
Gross margin
1,1 M €
+13.4% YoY
Equity
12,8 M €
+6.5% YoY
Overview
What does Citadel Finance do?
Citadel Finance is a Public limited company incorporated in 1992. Its main activity is: Financial leasing. Its registered office is in Gent.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0447.332.425
Incorporation
04/05/1992
Legal form
Public limited company
Registered office
Voldersstraat 1
9000 Gent · FlandreSee on map
9000 Gent · FlandreSee on map
Contributed capital
311 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (1)
- 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 1,1 M € | +13.4% | 994,9 k € | -11.9% | 1,1 M € | +11.0% | 1 M € | +57.6% | 646 k € | -17.6% | 783,6 k € | -1.6% | 796,1 k € | -16.1% | 948,3 k € | +0.5% | 944 k € | – | – | – | – | – | – | – | – | – | – | ||||||||||
| EBITDA | 929,5 k € | +15.8% | 802,7 k € | -15.0% | 944,6 k € | +8.4% | 871,4 k € | +73.3% | 502,8 k € | -21.6% | 641,4 k € | -2.3% | 656,3 k € | -19.7% | 817,6 k € | +0.3% | 815,4 k € | +1.5% | 803,3 k € | +23.2% | 651,8 k € | +1.6% | 641,9 k € | +52.0% | 422,3 k € | +17.5% | 359,4 k € | +40.0% | 256,8 k € | -61.5% | 666,7 k € | +0.2% | 665,6 k € | +8.0% | 616,5 k € | +1.1% | 610,1 k € |
| Operating result | 446,3 k € | +39.7% | 319,4 k € | -30.4% | 458,8 k € | -15.5% | 543,1 k € | +212% | 173,9 k € | -47.9% | 333,9 k € | +0.3% | 332,7 k € | -32.8% | 494,9 k € | +3.3% | 479,1 k € | -2.8% | 492,9 k € | +40.2% | 351,5 k € | +5.4% | 333,6 k € | +128% | 146,2 k € | -21.2% | 185,7 k € | +185% | -219,1 k € | -209% | 201,7 k € | +2.1% | 197,7 k € | +28.8% | 153,5 k € | +3.3% | 148,6 k € |
| Net result | 279,1 k € | +40.4% | 198,8 k € | -24.7% | 264 k € | -16.8% | 317,3 k € | +292% | 81 k € | -44.7% | 146,3 k € | +16.5% | 125,5 k € | -44.7% | 227,1 k € | +2.1% | 222,4 k € | -13.7% | 257,8 k € | +26.2% | 204,3 k € | +8.1% | 188,9 k € | +674% | -32,9 k € | -124% | 138,3 k € | +222% | -113,4 k € | -212% | 100,9 k € | +273% | 27 k € | +123% | -115,4 k € | -138% | 303,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 12,8 M € | +6.5% | 12,1 M € | +1.7% | 11,9 M € | +2.3% | 11,6 M € | +2.8% | 11,3 M € | +0.7% | 11,2 M € | +1.3% | 11,1 M € | +1.1% | 10,9 M € | +2.1% | 10,7 M € | +1063% | 920,1 k € | +88.9% | 487,2 k € | +72.2% | 282,9 k € | +201% | 94 k € | -25.9% | 126,9 k € | +1211% | -11,4 k € | -111% | 101,9 k € | +9253% | 1,1 k € | +104% | -25,9 k € | -129% | 89,5 k € |
| Total assets | 15,7 M € | +3.8% | 15,1 M € | -0.8% | 15,2 M € | +0.1% | 15,2 M € | -6.0% | 16,2 M € | +0.3% | 16,1 M € | +2.1% | 15,8 M € | +0.0% | 15,8 M € | -1.4% | 16 M € | +143% | 6,6 M € | +9.7% | 6 M € | -4.7% | 6,3 M € | +3.9% | 6,1 M € | +22.6% | 4,9 M € | +96.9% | 2,5 M € | -26.7% | 3,4 M € | +15.6% | 3 M € | -12.8% | 3,4 M € | -18.5% | 4,2 M € |
| Cash | 425,2 k € | -65.0% | 1,2 M € | -37.8% | 2 M € | -13.6% | 2,3 M € | -40.8% | 3,8 M € | -18.8% | 4,7 M € | -4.4% | 4,9 M € | +9.7% | 4,5 M € | +9.5% | 4,1 M € | +304% | 1 M € | +17.3% | 865,2 k € | +2.2% | 846,9 k € | +223% | 262 k € | -33.5% | 394 k € | +660% | 51,9 k € | +7.9% | 48,1 k € | +2850% | 1,6 k € | -73.5% | 6,1 k € | -15.9% | 7,3 k € |
| Debts | 2,8 M € | -6.9% | 3 M € | -9.8% | 3,3 M € | -6.0% | 3,5 M € | -27.2% | 4,8 M € | -0.7% | 4,9 M € | +4.0% | 4,7 M € | -2.2% | 4,8 M € | -8.5% | 5,2 M € | -6.5% | 5,6 M € | +1.9% | 5,5 M € | -8.6% | 6 M € | +1.1% | 5,9 M € | +23.8% | 4,8 M € | +91.1% | 2,5 M € | -24.2% | 3,3 M € | +12.1% | 3 M € | -13.5% | 3,4 M € | -16.0% | 4,1 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | 0,0 ETP | -100% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | ||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 14 active · 74 ended
Active mandates
Aljosja Van der Straeten
ActiveChristophe Peeters
ActiveJenna Boeve
ActiveKarel De Bondt
ActivePaul Teerlinck
ActiveSofie Bracke
ActiveChristianne Maryns Van Autreve
ActiveJenna Boeve
ActiveMarnix Vandenbulcke
ActiveBram Van Braeckevelt
ActiveChristophe Peeters
ActiveFilip Van Laecke
ActiveKarel De Bondt
ActiveSami Souguir
ActiveEnded mandates
Karel De Bondt
EndedChristianne Maryns Van Autreve
EndedChristianne Maryns Van Autreve
EndedJenna Boeve
EndedAt this address
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Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 02/06/2026 | 30/06/2025 | 10/06/2024 | 29/06/2023 | 15/09/2022 | 18/06/2021 |
| General meeting | 29/05/2026 | 30/05/2025 | 31/05/2024 | 26/05/2023 | 31/08/2022 | 28/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 29/05/2026 | 02/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 30/05/2025 | 30/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 31/05/2024 | 10/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 26/05/2023 | 29/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 31/08/2022 | 15/09/2022 | Dutch | |
| Abridged model | 31/12/2020 | 28/05/2021 | 18/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 05/06/2020 | 16/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 29/05/2019 | 11/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 25/05/2018 | 11/06/2018 | Dutch | |
| Full model | 31/12/2016 | 06/06/2017 | 15/06/2017 | Dutch | |
| Full model | 31/12/2015 | 28/06/2016 | 14/07/2016 | Dutch | |
| Full model | 31/12/2014 | 29/05/2015 | 03/06/2015 | Dutch | |
| Full model | 31/12/2013 | 03/06/2014 | 05/06/2014 | Dutch | |
| Full model | 31/12/2012 | 26/06/2013 | 27/06/2013 | Dutch | |
| Full model | 31/12/2011 | 12/07/2012 | 23/07/2012 | Dutch | |
| Full model | 31/12/2010 | 28/06/2011 | 04/07/2011 | Dutch | |
| Full model | 31/12/2009 | 16/06/2010 | 03/07/2010 | Dutch | |
| Full model | 31/12/2008 | 22/10/2009 | 22/11/2009 | Dutch | |
| Full model | 31/12/2007 | 27/08/2008 | 30/08/2008 | Dutch | |
| Full model | 31/12/2006 | 13/06/2007 | 30/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 14 active · 74 ended
Active mandates
Aljosja Van der Straeten
ActiveChristophe Peeters
ActiveJenna Boeve
ActiveKarel De Bondt
ActivePaul Teerlinck
ActiveSofie Bracke
ActiveChristianne Maryns Van Autreve
ActiveJenna Boeve
ActiveMarnix Vandenbulcke
ActiveBram Van Braeckevelt
ActiveChristophe Peeters
ActiveFilip Van Laecke
ActiveKarel De Bondt
ActiveSami Souguir
ActiveEnded mandates
Karel De Bondt
EndedChristianne Maryns Van Autreve
EndedChristianne Maryns Van Autreve
EndedJenna Boeve
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates23/06/2026ONTSLAGEN - BENOEMINGEN
- Other19/06/2026STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL
- Mandates06/02/2026ONTSLAGEN - BENOEMINGEN
- Mandates27/01/2026STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates22/12/2025ONTSLAGEN - BENOEMINGEN
- Mandates10/07/2025ONTSLAGEN - BENOEMINGEN
- Mandates17/04/2025ONTSLAGEN - BENOEMINGEN
- Mandates28/03/2025ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025279,1 k €↑
- 2024Annual accounts 2024198,8 k €↓
- 2023Annual accounts 2023264 k €↓
- 2022Annual accounts 2022317,3 k €↑
- 2021Annual accounts 202181 k €↓
- 2020Annual accounts 2020146,3 k €↑
- 2019Annual accounts 2019125,5 k €↓
- 2018Annual accounts 2018227,1 k €↑
- 2017Annual accounts 2017222,4 k €↓
- 2016Annual accounts 2016257,8 k €↑
- 2014Annual accounts 2014204,3 k €↑
- 2013Annual accounts 2013188,9 k €↑
- 2012Annual accounts 2012-32,9 k €↓
- 2011Annual accounts 2011138,3 k €↑
- 2010Annual accounts 2010-113,4 k €↓
- 2009Annual accounts 2009100,9 k €↑
- 2008Annual accounts 200827 k €↑
- 2007Annual accounts 2007-115,4 k €↓
- 2006Annual accounts 2006303,4 k €
- 04/05/1992IncorporationPublic limited company