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Building Hotel Maes

Active
Public limited companyfounded 1971active for 55 yearsForeestelaan 86, 9000 Gent, BelgiumKBO/BCE: BE 0408.459.575
Summary

Building Hotel Maes has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.5m and a net result of €1.1m. Equity has been growing by about 25% per year since 2018. Its solvency ranks better than 67% of 887 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 27-08-1971 Normal situation
Registered office
49 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Hotels and similar accommodation NACE 55100
Establishment units
2.006.209.428 9000 Gent, since 01-01-1900
2.006.209.329 1060 Sint-Gillis (bij-Brussel), since 01-11-1971and 1 other
Financial year end
31 December
Peppol
Reachable since 04-09-2025

Board and ownership

Board
  • HLSCDirector · since 19-04-2022 · permanent representative Henk Cardon
  • Real Value ManagementDirector · since 19-04-2022 · permanent representative Rikkert Leeman
  • T-LexDirector · since 19-04-2022 · permanent representative Thomas Osselaer
and 2 others
Auditor
DELOITTE Bedrijfsrevisoren BV
Shareholders

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€5.5m
▲ 3.2%
Turnover
≈ €9.5m
estimated
Profit
€1.1m
▼ 22.6%
Equity
€4.5m
▲ 30.9%
Total assets
€9.8m
▲ 4.1%
Employees on 31-12-2025
32
▼ 3.0%
Score breakdownraises riskLiquidity: current ratio 0.74, cash €314,847, halvedlowers riskFounded in 1971Profit of €1.1m (financial year 2025)Size: 29.4 FTE, total assets €9.8mShow the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of small companies in accommodation (NACE 55)
Financial strength · tick: 2024
Strong
Solvency 71+9
equity 46.2% of total assets
Liquidity 44-4
short-term debt 25.8% · cash 3.2%
Profitability 82-5
return on assets 10.9%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (579 companies, NACE 55, small)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025highest value 06-2025: 0.1%▼ -0.4 percentage points vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €410,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.74 (0.35 in 2024), below 1. Short-term debt is 25.8% and cash 3.2% of total assets. 53.8% of the assets are financed with debt and provisions.
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 68% of them on solvency, 36% on liquidity, 90% on profitability and 86% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.74, cash €314,847, halved
NBB · annual accounts
lowers risk · Founded in 1971
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Profit of €1.1m (financial year 2025)
NBB · annual accounts
lowers risk · Size: 29.4 FTE, total assets €9.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
74 days early
2024
76 days early
2023
64 days early
2022
97 days early
2021
79 days early
2020
40 days early
2019
17 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 64 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 16 May (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
02-11-2026 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

  • Positive: Higher net result than 95% of companies in accommodationsector median €6,853 · 887 companies €1.1m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: Equity rose in 2025from €3.5m to €4.5m ▲ 30.9% View

Recent changes

  1. · Gazette deed Appointment: URBINO (director)Permanent representatives: DE BONDT Sven and MAES Sophie · Reappointments: INSUMAT (director) and Deloitte Bedrijfsrevisoren BV (statutory auditor)
  2. · Gazette deed Reappointments: BV Real Value Management, HLSC BV and T-LEX BVPermanent representatives: Rikkert Leeman, Henk Cardon and Thomas Osselaer
All 17 events

Comparable companies

These companies have the same main activity as Building Hotel Maes: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €6.3m and €12m, founded between 1968 and 1981.

CompanyTotal assetsGross margin
Building Hotel Maes Gent€9.8m€5.5m
HOTEL LES TROIS CLES Gembloux€11.4m€2.4m
LE BOIS DE BRUGES Brugge€7.7m€2.6m
SPA Hotels & Resorts Eupen€7.0m€2.3m
AZIMUT Elsene€7.2m€2.4m
Parkhotel Kortrijk€11.8m€4.4m
ASHG Brussels Evere€6.3m€2.3m
Full comparison

Key facts about Building Hotel Maes

What is the company number of Building Hotel Maes?
The company number of Building Hotel Maes is 0408.459.575. The VAT number is the same number with BE in front: BE 0408.459.575.
Where is Building Hotel Maes based?
The registered office is at Foreestelaan 86, 9000 Gent.Company details
What does Building Hotel Maes do?
According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
What is the legal form of Building Hotel Maes?
The legal form of Building Hotel Maes is Public limited company (NV).
When was Building Hotel Maes founded?
Building Hotel Maes was founded on 27-08-1971.
Is Building Hotel Maes still active?
Yes, Building Hotel Maes is an active enterprise in the KBO register.
How many employees does Building Hotel Maes have?
Building Hotel Maes had an average of 29.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Building Hotel Maes?
The turnover in financial year 2025 is ≈ €9.5m. This figure is estimated from the gross margin of €5.5m and 1,584 comparable companies of the same size. It probably lies between €6.4m and €16.0m. It is a rough estimate.
Is Building Hotel Maes profitable?
In financial year 2025, Building Hotel Maes made a profit of €1.1m.
Where can I find the annual accounts of Building Hotel Maes?
Building Hotel Maes filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Building Hotel Maes due?
Building Hotel Maes must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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