ACTIVE

CITY OFFICE

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Financial year 2025 · Closed on 31/12/2025

Net result1,8 M €-17,4 %over 1 year
Revenue4,9 M €-13,4 %over 1 year
Equity55,4 M €+3,3 %over 1 year

Identity

Source · BCE/KBO

CITY OFFICE is a Public limited company incorporated in 2020. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0747.926.220
Incorporation
05/06/2020
Legal form
Public limited company
Registered office
Rue Royale 52
1000 Bruxelles · BruxellesSee on map
Contributed capital
39 403 021,57 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 6 filings

Trend over 6 financial years

20252024202320222021
Income statement
Revenue4,9 M €5,7 M €4,8 M €––
EBITDA5,2 M €5,9 M €5,7 M €523,8 k €1,4 M €
Operating result2,5 M €3 M €2,7 M €-2 M €-1,1 M €
Net result1,8 M €2,1 M €2,5 M €-2,1 M €-1,2 M €
Balance sheet
Equity55,4 M €53,7 M €51,6 M €36 M €38,1 M €
Total assets58,6 M €55,8 M €52,8 M €46,6 M €43,6 M €
Cash11,5 M €8,2 M €1,1 M €––
Debts1,1 M €1 M €449,9 k €10,2 M €5,1 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 7 ended

Active mandates

Frédéric VAN DE PUTTE

Director · since 18 juillet 2023 · until 16 avril 2029

Active
Mohamed OUBIAL

Director · since 18 juillet 2023 · until 16 avril 2029

Active

Ended mandates

Laurent Stalens RE

Director · since 19 juillet 2022 · until 18 juillet 2023 · 0788.696.508

Represented by Laurent STALENS

Ended
Laurent Stalens RE

Director · since 19 juillet 2022 · until 20 avril 2026 · 0788.696.508

Represented by Laurent STALENS

Ended
AMAURY DE CROMBRUGGHE

Director · since 05 juin 2020 · until 18 juillet 2023 · 0464.615.548

Represented by Amaury DE CROMBRUGGHE

Ended
AMAURY DE CROMBRUGGHE

Director · since 05 juin 2020 · until 20 avril 2026 · 0464.615.548

Represented by Amaury DE CROMBRUGGHE

Ended

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Rue Royale 52 1000 Bruxelles
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Forest 1● Active
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Forest 2● Active
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Forest 3● Active
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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202105/06/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months7 months
Filing date21/05/202626/05/202505/06/202424/04/202325/04/202206/05/2021
General meeting12/05/202616/05/202504/06/202417/04/202319/04/202219/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202512/05/202621/05/2026FrenchPDF
Full model31/12/202416/05/202526/05/2025FrenchPDF
Full model31/12/202304/06/202405/06/2024FrenchPDF
Abridged model31/12/202217/04/202324/04/2023FrenchPDF
Abridged model31/12/202119/04/202225/04/2022FrenchPDF
Abridged model31/12/202019/04/202106/05/2021FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 7 ended

Active mandates

Frédéric VAN DE PUTTE

Director · since 18 juillet 2023 · until 16 avril 2029

Active
Mohamed OUBIAL

Director · since 18 juillet 2023 · until 16 avril 2029

Active

Ended mandates

Laurent Stalens RE

Director · since 19 juillet 2022 · until 18 juillet 2023 · 0788.696.508

Represented by Laurent STALENS

Ended
Laurent Stalens RE

Director · since 19 juillet 2022 · until 20 avril 2026 · 0788.696.508

Represented by Laurent STALENS

Ended
AMAURY DE CROMBRUGGHE

Director · since 05 juin 2020 · until 18 juillet 2023 · 0464.615.548

Represented by Amaury DE CROMBRUGGHE

Ended
AMAURY DE CROMBRUGGHE

Director · since 05 juin 2020 · until 20 avril 2026 · 0464.615.548

Represented by Amaury DE CROMBRUGGHE

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/08/2026
    Nomination du commissaire
    PDF
  • Registered office07/04/2026
    SIEGE SOCIAL
    PDF
  • Mandates31/07/2023
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Mandates28/07/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - OBJET - CAPITAL, ACTIONS
    PDF
  • Mandates05/05/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/10/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares07/06/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Other04/06/2021
    DIVERS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,8 M €↓
  2. 2024
    Annual accounts 20242,1 M €↓
  3. 2023
    Annual accounts 20232,5 M €↑
  4. 18/07/2023
    nominationMohamed Oubial — administrateur
  5. 18/07/2023
    nominationFrédéric Van de Putte — administrateur
  6. 18/07/2023
    nominationErnst et Young Réviseurs d'Entreprises SRL — commissaire
  7. 17/04/2023
    reconductionSRL PwC Réviseurs d'entreprises — commissaire
  8. 17/04/2023
    nominationDidier Matriche — représentant permanent
  9. 2023
    Name changeCITY OFFICE
  10. 2022
    Annual accounts 2022-2,1 M €↓
  11. 19/07/2022
    nominationSRL Laurent Stalens RE — administrateur
  12. 2021
    Annual accounts 2021-1,2 M €↓
  13. 2021
    Name changeAG RE OFFICE INVEST II
  14. 2020
    Annual accounts 2020-18,1 k €
  15. 05/06/2020
    IncorporationPublic limited company