D Hotel
ActiveD Hotel has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €34k. Equity is shrinking by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 23% of 688 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▲+17
Solvency27▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.12 against 0.1 in 2024; short-term debt: 19.6% and cash: 2% of total assets), and 98.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.6%
Return on assets
0.6%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 688 sector peers (2025).
NBB · sector comparisonPosition among 688 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
on the day
2022
on the day
2021
on the day
2020
2 d early
2019
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€91k▲ 60.2%
2024 · €57k
2019: €483k
2020: €310k
2021: €278k
2022: €288k
2023: €148k
2024: €57k
2019 → 2025
Total assets
€5.72M▼ 1.6%
2024 · €5.81M
2019: €6.70M
2020: €6.45M
2021: €6.28M
2022: €6.19M
2023: €6.10M
2024: €5.81M
2019 → 2025
Net result
€34k
2024 · €-91k
2019: €-99k
2020: €-173k
2021: €-32k
2022: €9k
2023: €-140k
2024: €-91k
2019 → 2025
Working capital
€-990k▼ 2.9%
2024 · €-962k
2019: €-4.81M
2020: €-1.96M
2021: €-1.93M
2022: €-1.91M
2023: €-1.94M
2024: €-962k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€278k-€288k▲ 3.4%€148k▼ 48.6%€57k▼ 61.6%€91k▲ 60.2%
Operating result€36k-€75k▲ 109%€-71k€-23k▲ 67.1%€99k
Net result€-32k-€9k€-140k€-91k▲ 34.9%€34k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €99k after a loss of €23k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.72M
Fixed assets
€5.59M▼ 2.0%
Current assets
€134k▲ 23.0%
Equity and liabilities €5.72M
Equity
€91k▲ 60.2%
Debt
€5.63M▼ 2.2%
The debt ratio falls from 99.0% to 98.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€336k▲
2024 · €211k
Cash flow
€271k▲
2024 · €143k
Solvency
1.6%▲
2024 · 1.0%
Current ratio
0.12▲
2024 · 0.10
Quick ratio
0.12▲
2024 · 0.10
Debt / equity
62.04
ROE
37.6%▲
2024 · -160.7%
ROA
0.6%▲
2024 · -1.6%
Interest coverage
4.60▲
2024 · 2.85
Debt
€5.63M▼
2024 · €5.76M
Debt ≤ 1 year
€1.12M▲
2024 · €1.07M
Debt > 1 year
€4.50M▼
2024 · €4.68M
Staff costs
€330k▼
2024 · €359k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€5.81M€5.72M▼
Fixed assets21/28€5.70M€5.59M▼
Intangible fixed assets21€502€82▼
Tangible fixed assets22/27€5.70M€5.59M▼
Land and buildings22€5.67M€5.50M▼
Plant, machinery and equipment23€18k€40k▲
Furniture and vehicles24€6k€17k▲
Other tangible fixed assets26€7k€27k▲
Current assets29/58€109k€134k▲
Amounts receivable within one year40/41€19k€16k▼
Trade receivables40€19k€11k▼
Other amounts receivable41-€5k
Current investments50/53€0-
Cash at bank and in hand54/58€90k€112k▲
Deferred charges and accrued income490/1€106€6k▲
Equity and liabilities
Total equity and liabilities10/49€5.81M€5.72M▼
Equity10/15€57k€91k▲
Contributions10/11€1.23M€1.23M=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€0-
Profit (loss) carried forward14€-1.17M€-1.13M▲
Amounts payable17/49€5.76M€5.63M▼
Amounts payable after more than one year17€4.68M€4.50M▼
Financial debts170/4€3.01M€2.83M▼
Other amounts payable178/9€1.67M€1.67M=
Amounts payable within one year42/48€1.07M€1.12M▲
Current portion of amounts payable after more than one year42€175k€179k▲
Financial debts43€100k€100k▲
Credit institutions430/8€100k€100k▲
Trade debts44€17k€73k▲
Suppliers440/4€17k€73k▲
Advances received on contracts in progress46€627€657▲
Taxes, remuneration and social security45€44k€36k▼
Taxes450/3€4k€0▼
Remuneration and social security454/9€40k€36k▼
Other amounts payable47/48€735k€735k=
Accrued charges and deferred income492/3€9k€9k▲
Income statement
Code20242025
Remuneration, social security and pensions62€359k€330k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€234k€237k▲
Other operating charges640/8€33k€30k▼
Gross operating margin9900€603k€696k▲
Operating profit (loss)9901€-23k€99k▲
Financial income75/76B€6k€8k▲
Recurring financial income75€6k€8k▲
Financial charges65/66B€74k€73k▼
Recurring financial charges65€74k€73k▼
Profit (loss) for the period before taxes9903€-91k€34k▲
Profit (loss) for the period9904€-91k€34k▲
Transfer from tax-exempt reserves789€706k€0▼
Profit (loss) for the period to be appropriated9905€615k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.17M€-1.13M▲
Profit (loss) brought forward from the previous period14P€-1.78M€-1.17M▲
Transfer from equity791/2€559€0▼
Social balance
Average headcount (FTE)90879.58.9▼
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Back to profitnet €34k
Net result €34k after 2 loss-making years.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €-173k
Net result drops to €-173k, the lowest in the series; recovery starts the following year.
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Abdijmolenweg(Mar) 18510 KortrijkGround area
2,044 m²
Building footprint
653 m²
Volume, LiDAR
3,710 m³
Parcel 34026A0461/00Z000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D Hotel
since 20082.173.063.680
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026A0461/00Z000 | Flanders | 2,044 m² | 1 · 653 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 88,600 EUR awarded · 86,932 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 58,361 EUR |
| 2024 | 1 | 0 EUR | 6,500 EUR |
| 2023 | 2 | 17,321 EUR | 10,821 EUR |
| 2022 | 2 | 71,279 EUR | 11,250 EUR |
Schemes
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
Vlaams Beschermingsmechanisme 11 (stopgezet)
Logiessubsidie: steun voor erkend toeristisch logies
Procedure groene warmte, restwarmte en energie-efficiënte stadsverwarming
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortrijk2.173.063.680
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Of 2,395 companies in sector 55100 we hold annual accounts for 1,517. 1,028 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-07-2007
Fiscal year end30-06
Activities, NACEBEL
55100Hotels and similar accommodation
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
96022Beauty treatment
96040Personal service activities
96220Beauty care and other beauty treatments
96230Day spas, saunas and steam baths
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.