ACTIVE

THE CITY RENT

Financial year 2025 · Closed on 31/03/2025

Net result85,6 k €+321,9 %over 1 year
Gross margin2 M €+8,6 %over 1 year
Equity502,6 k €+20,5 %over 1 year
Workforce20,7 ETP-17,2 %over 1 year

Identity

Source · BCE/KBO

THE CITY RENT is a Public limited company incorporated in 2005. Its main activity is: Architectural and engineering activities; technical testing and analysis. Its registered office is in Malmedy. It employs on average 20,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0872.106.511
Incorporation
24/02/2005
Legal form
Public limited company
Registered office
Avenue du Pont de Warche 17
4960 Malmedy · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/03/2025
Average workforce
20,7 ETP
Joint committees (3)
  • 149
  • 14904
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin2 M €1,8 M €2,2 M €2 M €1,5 M €
EBITDA680,5 k €331,8 k €702,1 k €672,1 k €615,7 k €
Operating result231,6 k €143 k €109,9 k €215,5 k €-169,9 k €
Net result85,6 k €20,3 k €16 k €147 k €-236,8 k €
Balance sheet
Equity502,6 k €417 k €396,7 k €380,7 k €233,8 k €
Total assets4,2 M €4,6 M €5,3 M €5,4 M €5,8 M €
Cash89 k €132 k €155,7 k €73,3 k €61,2 k €
Debts3,7 M €4,1 M €4,9 M €5,1 M €5,5 M €
Other
Workforce20,7 ETP25,0 ETP25,5 ETP22,7 ETP21,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 18 ended

Active mandates

GEHLEN MANAGEMENT

Managing director · since 01 décembre 2023 · until 31 août 2029 · 0899.433.290

Represented by Roger GEHLEN

Active
Pierre ZAHNEN

Director · since 01 décembre 2023 · until 31 août 2029

Active

Ended mandates

Freddy GEHLEN

Director · since 25 août 2017 · until 25 août 2023

Ended
GEHLEN MANAGEMENT

Director · since 25 août 2017 · until 25 août 2023 · 0899.433.290

Represented by Roger GEHLEN

Ended
GEHLEN MANAGEMENT

Director · since 25 août 2017 · until 25 août 2023 · 0899.433.290

Represented by Roger GEHLEN

Ended
Pierre ZAHNEN

Director · since 25 août 2017 · until 25 août 2023

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/10/202521/11/202424/11/202304/11/202222/10/202114/10/2020
General meeting30/09/202530/09/202415/11/202330/09/202230/09/202129/09/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202530/09/202524/10/2025FrenchPDF
Abridged model31/03/202430/09/202421/11/2024FrenchPDF
Abridged model31/03/202315/11/202324/11/2023FrenchPDF
Abridged model31/03/202230/09/202204/11/2022FrenchPDF
Abridged model31/03/202130/09/202122/10/2021FrenchPDF
Abridged model31/03/202029/09/202014/10/2020FrenchPDF
Abridged model31/03/201930/08/201913/09/2019FrenchPDF
Abridged model31/03/201831/08/201824/09/2018FrenchPDF
Abridged model31/03/201725/08/201721/09/2017FrenchPDF
Abridged model31/03/201626/08/201623/09/2016FrenchPDF
Abridged model31/03/201528/08/201510/09/2015FrenchPDF
Abridged model31/03/201429/08/201430/09/2014FrenchPDF
Abridged model31/03/201330/08/201325/09/2013FrenchPDF
Abridged model31/03/201231/08/201228/09/2012FrenchPDF
Abridged model31/03/201126/08/201130/09/2011FrenchPDF
Abridged model31/03/201027/08/201009/09/2010FrenchPDF
Abridged model31/03/200928/08/200914/09/2009FrenchPDF
Abridged model31/03/200829/08/200822/09/2008FrenchPDF
Abridged model31/03/200731/08/200728/09/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/03/2025

2 active · 18 ended

Active mandates

GEHLEN MANAGEMENT

Managing director · since 01 décembre 2023 · until 31 août 2029 · 0899.433.290

Represented by Roger GEHLEN

Active
Pierre ZAHNEN

Director · since 01 décembre 2023 · until 31 août 2029

Active

Ended mandates

Freddy GEHLEN

Director · since 25 août 2017 · until 25 août 2023

Ended
GEHLEN MANAGEMENT

Director · since 25 août 2017 · until 25 août 2023 · 0899.433.290

Represented by Roger GEHLEN

Ended
GEHLEN MANAGEMENT

Director · since 25 août 2017 · until 25 août 2023 · 0899.433.290

Represented by Roger GEHLEN

Ended
Pierre ZAHNEN

Director · since 25 août 2017 · until 25 août 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/10/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/02/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/07/2012
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/10/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/09/2007
    DEMISSIONS, NOMINATIONS
    PDF
  • Other07/03/2005
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202585,6 k €↑
  2. 2024
    Annual accounts 202420,3 k €↑
  3. 2023
    Annual accounts 202316 k €↓
  4. 2022
    Annual accounts 2022147 k €↑
  5. 2021
    Annual accounts 2021-236,8 k €↓
  6. 2020
    Annual accounts 202012,3 k €↓
  7. 2019
    Annual accounts 201930 k €↓
  8. 2018
    Annual accounts 201870,4 k €↓
  9. 2017
    Annual accounts 201791,2 k €↑
  10. 2016
    Annual accounts 201626,1 k €↓
  11. 2015
    Annual accounts 201527,1 k €↑
  12. 2014
    Annual accounts 2014-1,7 k €↓
  13. 2013
    Annual accounts 20138,9 k €↓
  14. 2012
    Annual accounts 2012128,4 k €↑
  15. 2011
    Annual accounts 201138,9 k €↑
  16. 2010
    Annual accounts 201035,4 k €↑
  17. 2009
    Annual accounts 200922,5 k €↑
  18. 2008
    Annual accounts 20089,1 k €↓
  19. 2007
    Annual accounts 2007104,8 k €
  20. 24/02/2005
    IncorporationPublic limited company