ACTIVE

CITYNEST

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Financial year 2025 · Closed on 30/09/2025

Net result20,3 k €-30,5 %over 1 year
Revenue28,7 M €-21,7 %over 1 year
Equity4,4 M €+0,5 %over 1 year
Workforce0,0 ETP-100,0 %over 1 year

Identity

Source · BCE/KBO

CITYNEST is a Public limited company incorporated in 2007. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0887.584.543
Incorporation
28/02/2007
Legal form
Public limited company
Registered office
Kortrijksesteenweg 1004
9000 Gent · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Joint committees (2)
  • 200
  • 20018
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 18 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue28,7 M €36,7 M €48 M €57,1 M €51,8 M €
EBITDA1,9 M €1,7 M €3,9 M €4 M €3,7 M €
Operating result1,8 M €1,6 M €3,7 M €3,9 M €3,6 M €
Net result20,3 k €29,1 k €1,3 M €2 M €1,9 M €
Balance sheet
Equity4,4 M €4,4 M €10,5 M €9,2 M €8,6 M €
Total assets33,8 M €44,6 M €63,4 M €64,5 M €69 M €
Cash748 k €765,1 k €6,8 M €4,9 M €2,1 M €
Debts29,1 M €40 M €52,6 M €55,1 M €60,1 M €
Other
Workforce0,0 ETP5,6 ETP7,4 ETP5,8 ETP4,0 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 30/09/2025

1 active · 7 ended

Active mandates

ALIV GROUP

Director · 0643.776.429

Represented by Piet Labeeuw

Active

Ended mandates

ALIV GROUP

Director · since 23 décembre 2022 · 0643.776.429

Represented by Piet Labeeuw

Ended
Piet Labeeuw

Mandate · since 22 février 2007

Ended
Piet Labeeuw

Director · since 22 février 2007

Ended
Piet Labeeuw

Manager · since 22 février 2007

Ended

Other companies at this address

Kortrijksesteenweg 1004 9000 Gent
CompanyCBE no.
ALIV● Active
0801.342.734
ALIV GROUP● Active
0643.776.429
Dryguard● Active
0826.322.412
ELEMENT● Active
0881.054.067
Equites1● Active
0790.124.287
EQUITES2● Active
0798.338.902
Equites3● Active
1008.664.990
EQUITES4● Active
0803.990.339
EQUITES5● Active
1012.706.724
Equites6● Active
0769.991.542
EQUITES HOLDING● Active
0792.762.192
FILE● Active
0422.101.042
Flandria Palace● Active
1030.639.549
National and International Adoption Organisation● Active
0425.979.854
OXALIS BOUW● Active
0841.011.081
RECURRENT● Active
0681.999.575

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/04/202616/04/202521/03/202418/04/202322/04/202229/04/2021
General meeting20/03/202630/03/202524/02/202430/03/202326/03/202231/03/2021
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202520/03/202601/04/2026DutchPDF
Full model30/09/202430/03/202516/04/2025DutchPDF
Full model30/09/202324/02/202421/03/2024DutchPDF
Full model30/09/202230/03/202318/04/2023DutchPDF
Full model30/09/202126/03/202222/04/2022DutchPDF
Full model30/09/202031/03/202129/04/2021DutchPDF
Full model30/09/201930/01/202007/02/2020DutchPDF
Full model30/09/201823/02/201911/03/2019DutchPDF
Full model30/09/201724/02/201826/02/2018DutchPDF
Full model30/09/201625/02/201714/03/2017DutchPDF
Full model30/09/201505/03/201617/03/2016DutchPDF
Abridged model30/09/201428/02/201502/03/2015DutchPDF
Abridged model30/09/201322/02/201410/03/2014DutchPDF
Abridged model30/09/201223/02/201325/02/2013DutchPDF
Abridged model30/09/201125/02/201227/02/2012DutchPDF
Abridged model30/09/201026/02/201108/03/2011DutchPDF
Abridged model30/09/200927/02/201003/03/2010DutchPDF
Abridged model30/09/200828/02/200919/03/2009DutchPDF

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 30/09/2025

1 active · 7 ended

Active mandates

ALIV GROUP

Director · 0643.776.429

Represented by Piet Labeeuw

Active

Ended mandates

ALIV GROUP

Director · since 23 décembre 2022 · 0643.776.429

Represented by Piet Labeeuw

Ended
Piet Labeeuw

Mandate · since 22 février 2007

Ended
Piet Labeeuw

Director · since 22 février 2007

Ended
Piet Labeeuw

Manager · since 22 février 2007

Ended

Ownership and network

Looking for more information about this company?

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring17/06/2024
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates23/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring21/02/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates10/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office12/02/2021
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Mandates11/07/2018
    ONTSLAGEN - BENOEMINGEN
    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 202520,3 k €↓
  2. 2024
    Annual accounts 202429,1 k €↓
  3. 28/03/2024
    split
  4. 28/03/2024
    reduction_capital
  5. 28/03/2024
    augmentation_capital
  6. 28/03/2024
    augmentation_capital
  7. 24/02/2024
    reconductionVan der Donckt - Roobrouck - Christiaens Bedrijfsrevisoren — commissaris
  8. 2023
    Annual accounts 20231,3 M €↓
  9. 2022
    Annual accounts 20222 M €↑
  10. 2021
    Annual accounts 20211,9 M €↓
  11. 2019
    Annual accounts 20192,1 M €↑
  12. 2018
    Annual accounts 20181,4 M €↑
  13. 2017
    Annual accounts 2017781 k €↑
  14. 2016
    Annual accounts 2016612,5 k €↑
  15. 2015
    Annual accounts 2015538,1 k €↑
  16. 2014
    Annual accounts 2014341,5 k €↑
  17. 2013
    Annual accounts 2013158 k €↑
  18. 2012
    Annual accounts 201290,1 k €↑
  19. 2011
    Annual accounts 201163,9 k €↑
  20. 2010
    Annual accounts 201027,3 k €↑
  21. 2009
    Annual accounts 200913,6 k €↓
  22. 2008
    Annual accounts 200825,3 k €
  23. 28/02/2007
    IncorporationPublic limited company