Active BE 0452.128.975Private limited company (pre-2019)Open bankruptcy

BRUSSELS HOTEL

Louizalaan 315 ·1050 Elsene, Belgium· 32 yrs active

Sector: Hotels en dergelijke accommodatie (55100)

Conclusion Checked

A bankruptcy procedure is open for BRUSSELS HOTEL according to publications in the Belgian State Gazette. The 2018 annual accounts show negative equity (€-1.10M) and a net result of €-1.12M.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€-1.10M
Net result	€-1.12M
Staff (FTE)	7
Active	32 yrs

Snowflake analysis 4 of 5 axes measured · computed by Checked

25 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0

Profitability 100

Solvency 0

Growth -

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2018 · computed

0 / 100 Critical

050100

Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2018 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 02-12-2019 with the NBB · fiscal year 2018 · volledig

Highlight YoY changes (±10%)

Fiscal year	2018
Deposit	volledig
Revenue	-
EBITDA	€-84k
Net profit	€-1.12M
Cash flow	€-1.01M
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€1.81M
Equity	€-1.10M
Debt	€2.91M
of which ≤ 1y	€2.91M
of which > 1y	-
Working capital	€-2.04M
Employees (FTE)	7.0

Ratios (computed)

	2018
Current ratio	0.30
Quick ratio	0.30
Working capital ratio	-112.4%
Solvency	-60.6%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-61.8%
ROE	101.9%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2018

Assets

Fixed assets €938k · 51.7% Current assets €875k · 48.3%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2018
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.81M
Fixed assets	21/28	€938k
Intangible fixed assets	21	€1k
Tangible fixed assets	22/27	€824k
Financial fixed assets	28	€113k
Current assets	29/58	€875k
Stocks & contracts in progress	3	€5k
Amounts receivable within one year	40/41	€837k
Cash & bank	54/58	€26k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.81M
Equity	10/15	€-1.10M
Contributions / capital	10/11	€19k
Reserves	13	€2k
Accumulated profits (losses)	14	€-1.12M
Amounts payable	17/49	€2.91M
Amounts payable within one year	42/48	€2.91M
Trade debts payable within one year	44	€2.41M
Income statement
Gross operating margin	9900	€348k
Operating result	9901	€-195k
Financial charges	65	€29k
Result before taxes	9903	€-224k
Net result for the period	9904	€-224k
Result to be appropriated	9905	€-224k

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	MéLANIE VALLES RUIS DREVE DES RENARDS 8, 1180 BRUXELLES 18	13-08-2021 → present	Belgian State Gazette

Legal Structure

NACE primary	Hotels en dergelijke accommodatie(55100)
Legal form	Private limited company (pre-2019)(015)
Incorporation	10-02-1994
Status	Active
Postal code	1050
First BS signal	20-08-2021
Latest BS signal	20-08-2021

Establishment units 1 location

Louizalaan 315, 1050 Brussel

Hotels en dergelijke accommodatie

since 19942.066.136.127

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21807G0185/00N003	Brussels	602 m²	1 · 590 m²	41.6 m · 10 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2021

20-08-2021

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · BRUSSELS HOTEL SRL AVENUE LOUISE 315, 1050 IXELLES · event 13-08-2021

2019

02-12-2019