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ASHG Hasselt

Active
Private limited companyfounded 1987active for 39 yearsKattegatstraat 1, 3500 Hasselt, BelgiumKBO/BCE: BE 0432.251.596
Summary

The computed 12-month bankruptcy probability of ASHG Hasselt is 1.6% (moderate). The 2025 annual accounts show negative equity (-€921,176) and a net result of €165,458. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 15% of 517 sector peers (NACE 55, financial year 2025). The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 13-10-1987 Normal situation
Activity
Hotels and similar accommodation NACE 55100and 1 other
Joint committee
302 Hotels and catering · annual accounts 2025
Establishment unit
2.031.280.067 3500 Hasselt, since 16-11-1987
Financial year end
31 December
Peppol
Reachable since 01-09-2025

Board and ownership

Board
Auditor
BDO Bedrijfsrevisoren
Shareholders

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts 2025
Turnover
€6.0m
▼ 1.3%
Profit
€165,458
Equity
-€921,176
▲ 15.2%
Total assets
€5.3m
▼ 2.0%
Employees on 31-12-2025
52
▼ 5.5%
  • Negative equity on 31-12-2025
Score breakdownraises riskNegative equity -€921,176Liquidity: current ratio 1.29, cash €66,861Size: turnover €6.0m, 44.9 FTE, total assets €5.3mlowers riskFounded in 1987Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 39% of small companies in accommodation (NACE 55)
Financial strength · tick: 2024
Weak
Solvency 8+3
equity -17.3% of total assets
Liquidity 48+4
short-term debt 16.4% · cash 1.3%
Profitability 57+16
return on assets 3.1%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (580 companies, NACE 55, small)
Last 24 months 12-2024: 1.9% 01-2025: 1.9%● unchanged vs 12-2024 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 1.9%● unchanged vs 02-2025 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 3.7%▲ +1.8 percentage points vs 06-2025 08-2025: 3.7%● unchanged vs 07-2025 09-2025: 3.7%● unchanged vs 08-2025 10-2025: 3.7%● unchanged vs 09-2025 11-2025: 3.7%● unchanged vs 10-2025 12-2025: 3.7%● unchanged vs 11-2025 01-2026: 3.7%● unchanged vs 12-2025 02-2026: 3.6%▼ -0.1 percentage points vs 01-2026 03-2026: 3.7%▲ +0.1 percentage points vs 02-2026 04-2026: 3.7%● unchanged vs 03-2026 05-2026: 3.7%● unchanged vs 04-2026 06-2026: 3.8%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 1.6%▼ -2.2 percentage points vs 06-2026lowest value 08-2026: 1.6%● unchanged vs 07-2026lowest value 09-2026: 1.6%● unchanged vs 08-2026lowest value 10-2026: 1.6%● unchanged vs 09-2026lowest value 11-2026: 1.6%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is tight, with a current ratio of 1.29 (0.9 in 2024), below the usual 1.5. Short-term debt is 16.4% and cash 1.3% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 55, small). It does better than 11% of them on solvency, 44% on liquidity, 49% on profitability and 55% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€921,176
NBB · annual accounts
raises risk · Liquidity: current ratio 1.29, cash €66,861
NBB · annual accounts
raises risk · Size: turnover €6.0m, 44.9 FTE, total assets €5.3m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 517 sector peers (2025).
NBB · sector comparison
Position among 517 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
37 days early
2023
14 days early
2022
46 days early
2021
37 days early
2020
54 days early
2019
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 42 days before the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€921,176 View
  • Positive: Back in profit in 2025after a loss of €477,809 in 2024 €165,458 View
  • Caution: Less equity than 90% of companies in accommodationsector median €853,656 · 517 companies -€921,176 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Reappointment: BDO Bedrijfsrevisoren (statutory auditor)Permanent representative: Evy Bory
  2. · Gazette deed Company renamed from CARESTOTEL to ASHG Hasselt
  3. · Gazette deed 2 directors appointed, 3 directors resigningResignations: Jorrit de Jong, Patrick De Peuter and Christophe Tans · Appointments: Steven Lewerenz (director) and André Guettouche (director) · Director discharge: Jorrit de Jong
All 20 events

Comparable companies

These companies have the same main activity as ASHG Hasselt: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €3.7m and €12m, founded between 1982 and 2004.

CompanyTotal assetsTurnover
ASHG Hasselt Hasselt€5.3m€6.0m
BURGHOTEL Bruges€3.7m€7.9m
MARTIN'S BRUGGE Rixensart€3.9m€10.8m
CENTURY Hasselt€12.1m€6.6m
QUARTIER LATIN Marche-en-Famenne€6.7m€7.2m
SANDESHOVED Nieuwpoort€8.5m€13.2m
CASTEL DE PONT-A-LESSE Dinant€7.8m€4.3m
Full comparison

Key facts about ASHG Hasselt

What is the company number of ASHG Hasselt?
The company number of ASHG Hasselt is 0432.251.596. The VAT number is the same number with BE in front: BE 0432.251.596.
Where is ASHG Hasselt based?
The registered office is at Kattegatstraat 1, 3500 Hasselt.Company details
What does ASHG Hasselt do?
According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
What is the legal form of ASHG Hasselt?
ASHG Hasselt is a private limited company (BV).
When was ASHG Hasselt founded?
ASHG Hasselt was founded on 13-10-1987.
Is ASHG Hasselt still active?
Yes, ASHG Hasselt is an active enterprise in the KBO register.
How many employees does ASHG Hasselt have?
ASHG Hasselt had an average of 44.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ASHG Hasselt fall under?
In its 2025 annual accounts, ASHG Hasselt states joint committee 302 (Hotels and catering).
What is the turnover of ASHG Hasselt?
The turnover of ASHG Hasselt was €6.0m in financial year 2025, according to the filed annual accounts.
Is ASHG Hasselt profitable?
In financial year 2025, ASHG Hasselt made a profit of €165,458.
Where can I find the annual accounts of ASHG Hasselt?
ASHG Hasselt filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ASHG Hasselt due?
ASHG Hasselt must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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