Financials
- Financial year
- 2024
- Turnover
- €3.1m
- Profit
- €64,486
- Solvency
- 23.3%
Turnover▲ 10.2%
Net result
20182024
BELGIPAR
ActiveSummary
The computed 12-month bankruptcy probability of BELGIPAR is 2.9% (moderate). The 2024 annual accounts show equity of €2.0m and a net result of €64,486. Equity is growing by about 4.3% per year across the filed financial years. Its solvency ranks better than 46% of 486 sector peers (NACE 55, financial year 2024). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Hotels and similar accommodation
NACE 55100
6th fastest staff growth in Sint-Gillis, Accommodation and food service sector1 site
Size
€3.1mturnover 2024
- Staff
- 19.4 FTE
- Equity
- €2.0m
- Profit
- €64,486
Structure
- Largest shareholder
- BOISSÉE FINANCES SAS · 50%
- BETWEENDirector · permanent representative Martine OCTAVE
- HOTOPART S.A.Director · permanent representative LAMBERT Jean
- BOISSEE FINANCESDirector
2025 accounts not filed, 88 days past the deadline2 of 14 deeds summarised
Why 52raises riskFigures for financial year 2024 (filed 08-10-2025)Liquidity: current ratio 0.42, cash €188,634Size: turnover €3.1m, 19.4 FTE, total assets €8.6mlowers riskFounded in 2007Show the evidence
Checked score
Score 2024
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 56% of its sector peers (NACE 55, small)
Financial strength · tick = 2023
Average
Solvency
48-5
equity 23.3% of total assets
Liquidity
50-1
short-term debt 14.4% · cash 2.2%
Profitability
62-19
return on assets 0.7%
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.3%
12-2024: 1.3%● unchanged vs 11-2024
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.4%▲ +0.1 percentage points vs 05-2025
07-2025: 1.6%▲ +0.2 percentage points vs 06-2025
08-2025: 2.1%▲ +0.5 percentage points vs 07-2025
09-2025: 2.4%▲ +0.3 percentage points vs 08-2025
10-2025: 3.2%▲ +0.8 percentage points vs 09-2025highest value
11-2025: 1.1%▼ -2.1 percentage points vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026lowest value
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.2%▲ +0.1 percentage points vs 06-2026
08-2026: 1.8%▲ +0.6 percentage points vs 07-2026
09-2026: 2.1%▲ +0.3 percentage points vs 08-2026
10-2026: 2.9%▲ +0.8 percentage points vs 09-2026
Credit of up to €100,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.42, compared with 0.66 in 2023, below 1; short-term debt: 14.4% and cash: 2.2% of total assets), and 76.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 46% on solvency, 51% on liquidity, 52% on profitability and 74% on growth.
The bankruptcy probability was computed on 26-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 88 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline27-10-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
61 days late
2023
177 days late
2022
543 days late
2021
117 days late
2020
31 days late
2019
153 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 180 days after the deadline; the sector median (NACE 55) for financial year 2024 is 1 day before the deadline, and 45% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
- Annual accounts filedfinancial year 2022 · full…
Key points
- Caution: Result fell in 2024from €174,925 to €64,486 ▼ 63.1% View
- Caution: 2025 accounts not fileddeadline was 31-07-2026 88 days past the deadline View
- Positive: 6th fastest staff growth in Sint-Gillis, Accommodation and food service sectorin the Checked rankings No. 6 View
- Positive: 4 years of growth in a rowturnover 2024: €3.1m 4 years View
- Known shareholderslargest: BOISSÉE FINANCES SAS 50% 100% View
By topic
Board & ownership
- Board
- 3 members
- Largest shareholder
- BOISSÉE FINANCES SAS · 50%
- Known shareholders
- 100%
- BETWEENDirector
- HOTOPART S.A.Director
- BOISSEE FINANCESDirector
Network & group
- Connected companies
- 7
Timeline
- Events
- 23
- Since
- 2009
- 31-12-2024Equity above €2m
- 27-06-2024Appointment: HOTEPAR (managing director)
- 12-06-2024Permanent representatives: Martine OCTAVE, ROLLIN Stanislas Christian…
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Hotels and similar accommodationNACE 55100
- Founded
- 11-07-2007
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 42
- Annual meeting
- First Monday of May at 14:00
- Purpose
- “L'exploitation et la gestion d'hôtels, motels et autres moyens d'hébergement avec ou sans…” (deed in French)
Key facts about BELGIPAR
- What is the company number of BELGIPAR?
- 0890.751.394. In Belgium the VAT number is the company number with BE in front: BE 0890.751.394.
- Where is BELGIPAR based?
- The registered office is at Victor Hortaplein 1, 1060 Sint-Gillis (bij-Brussel).Company details
- What does BELGIPAR do?
- According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
- What is the legal form of BELGIPAR?
- Public limited company (NV).
- When was BELGIPAR founded?
- On 11-07-2007.
- Is BELGIPAR still active?
- Yes, BELGIPAR is an active enterprise in the KBO register.
- How many employees does BELGIPAR have?
- On average 19.4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of BELGIPAR?
- €3.1m in financial year 2024, according to the filed annual accounts.
- Is BELGIPAR profitable?
- In financial year 2024, BELGIPAR made a profit of €64,486.
- Where can I find the annual accounts of BELGIPAR?
- BELGIPAR filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to BELGIPAR
Comparable companies
- IvencoKuurne
- AERO 44Charleroi
- HOTEL NIVELLES - SUDNivelles
- FERME REFATStavelot
- ZandhotelBrugge
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.