ACTIVE

City Exploitation Belgique

Financial year 2024 · Closed on 31/12/2024

Net result1,7 M €+18,5 %over 1 year
Revenue10,3 M €+2,1 %over 1 year
Equity2,1 M €+468,9 %over 1 year
Workforce23,6 ETP+1,3 %over 1 year

Identity

Source · BCE/KBO

City Exploitation Belgique is a Public limited company incorporated in 2009. Its main activity is: Hotels and similar accommodation. Its registered office is in Bruxelles. It employs on average 23,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0817.220.446
Incorporation
17/07/2009
Legal form
Public limited company
Registered office
Boulevard Anspach 20
1000 Bruxelles · BruxellesSee on map
Contributed capital
450 000,00 €
Latest accounts
31/12/2024
Average workforce
23,6 ETP
Joint committees (1)
  • 302
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 16 filings

Trend over 15 financial years

20242023202220212020
Income statement
Revenue10,3 M €10,1 M €7,6 M €2,4 M €2 M €
EBITDA2,2 M €1,8 M €825,3 k €-1,3 M €-1,4 M €
Operating result2 M €1,6 M €669,9 k €-1,4 M €-1,6 M €
Net result1,7 M €1,5 M €566,5 k €-1,4 M €-1,3 M €
Balance sheet
Equity2,1 M €370,4 k €-1,1 M €-1,7 M €-232,9 k €
Total assets5,7 M €3,1 M €2,6 M €2,2 M €1,3 M €
Cash407,3 k €896,2 k €1,1 M €961,4 k €3,8 k €
Debts2 M €2,1 M €3,3 M €3,6 M €951,8 k €
Other
Workforce23,6 ETP23,3 ETP21,0 ETP20,4 ETP21,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 59 ended

Active mandates

Grégory Sion

Managing director · since 12 juillet 2024 · until 19 août 2025

Active
PV HOLDING

Director · since 12 juillet 2024 · until 19 août 2025 · 0836.535.126

Represented by Guillaume Boxebeld

Active
PV-CP Gestion Exploitation

Director · since 12 juillet 2024 · until 19 août 2025 · 0836.535.720

Represented by Olivier Mourrain

Active

Ended mandates

Grégory Sion

Managing director · since 09 août 2023 · until 12 juillet 2024

Ended
PV Holding

Director · since 09 août 2023 · until 12 juillet 2024

Represented by Jean-Christophe Lemasson

Ended
PV-CP Gestion Exploitation

Director · since 09 août 2023 · until 12 juillet 2024

Represented by Renaud-Perret Julien

Ended
Grégory Sion

Managing director · since 25 juillet 2022 · until 09 août 2023

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202525/07/202411/08/202302/08/202202/08/202116/07/2020
General meeting29/08/202512/07/202409/08/202325/07/202223/07/202124/06/2020
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, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202429/08/202529/08/2025FrenchPDF
Full model31/12/202312/07/202425/07/2024FrenchPDF
Full model31/12/202209/08/202311/08/2023FrenchPDF
Full model31/12/202125/07/202202/08/2022FrenchPDF
Full model31/12/202023/07/202102/08/2021FrenchPDF
Full model31/12/201924/06/202016/07/2020FrenchPDF
Full model31/12/201826/06/201902/07/2019FrenchPDF
Full model31/12/201729/06/201809/07/2018FrenchPDF
Full model31/12/201630/06/201705/07/2017FrenchPDF
Full model31/12/201530/06/201604/07/2016FrenchPDF
Full model31/12/201430/06/201506/07/2015FrenchPDF
Full model31/12/201330/06/201402/07/2014FrenchPDF
Full model31/12/201230/09/201302/10/2013FrenchPDF
Full model31/12/201129/06/201226/07/2012FrenchPDF
Full model31/12/201013/06/201121/06/2011FrenchPDF
Full model31/12/200917/09/201018/10/2010FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2024

3 active · 59 ended

Active mandates

Grégory Sion

Managing director · since 12 juillet 2024 · until 19 août 2025

Active
PV HOLDING

Director · since 12 juillet 2024 · until 19 août 2025 · 0836.535.126

Represented by Guillaume Boxebeld

Active
PV-CP Gestion Exploitation

Director · since 12 juillet 2024 · until 19 août 2025 · 0836.535.720

Represented by Olivier Mourrain

Active

Ended mandates

Grégory Sion

Managing director · since 09 août 2023 · until 12 juillet 2024

Ended
PV Holding

Director · since 09 août 2023 · until 12 juillet 2024

Represented by Jean-Christophe Lemasson

Ended
PV-CP Gestion Exploitation

Director · since 09 août 2023 · until 12 juillet 2024

Represented by Renaud-Perret Julien

Ended
Grégory Sion

Managing director · since 25 juillet 2022 · until 09 août 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/09/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Other10/04/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates28/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other29/11/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates12/10/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/09/2023
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 20241,7 M €↑
  2. 2023
    Annual accounts 20231,5 M €↑
  3. 2022
    Annual accounts 2022566,5 k €↑
  4. 2021
    Annual accounts 2021-1,4 M €↓
  5. 2020
    Annual accounts 2020-1,3 M €↓
  6. 2019
    Annual accounts 2019525 k €↑
  7. 2018
    Annual accounts 2018435,5 k €↑
  8. 2017
    Annual accounts 2017174,9 k €↑
  9. 2016
    Annual accounts 201664,6 k €↓
  10. 2015
    Annual accounts 2015369,9 k €↑
  11. 2014
    Annual accounts 2014297,8 k €↑
  12. 2013
    Annual accounts 201350,9 k €↑
  13. 2012
    Annual accounts 2012-260,9 k €↓
  14. 2011
    Annual accounts 2011-112,8 k €↑
  15. 2010
    Annual accounts 2010-624,7 k €
  16. 17/07/2009
    IncorporationPublic limited company