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EUROPCAT

Active
Public limited companyfounded 200125 yrs activeHoge-Bruglaan 2, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0474.069.781
Summary

EUROPCAT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.9m and a net result of €257,564. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 94% of 490 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Hotels and similar accommodation
NACE 55100Hotels NACE 55101NACE 55102
#3 company by staff growth in the Brussels-Capital Region, Accommodation sector1 site
Size
€6.7mtotal assets 2024
Staff
27.6 FTE
Equity
€5.9m
Profit
€257,564
Financial health
87 Excellent Checked score 2024
Bankruptcy chance 12 m
0.4%
Structure
Parent
PROMOTORA KASDE S.A
Auditor: VRC BEDRIJFSREVISORENAccounts 67 d overdue1 of 14 deeds read
Why 87- Figures for FY 2024 (filed 18-10-2025)+ Founded in 2001+ Equity €5.9m (88.0% of total assets)+ Liquidity: current ratio 5.35, cash €540,516Show the evidence

Checked score

Score 2024
87 / 100
Excellent
Probability in this band: under 0.55%
Better than 78% of its sector peers (NACE 55, small)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 100=
equity 88.0% of total assets
Liquidity 59-6
short-term debt 12.0% · cash 8.0%
Profitability 74-9
return on assets 3.8%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (579 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%▼ -2.9% vs 12-2024lowest value 02-2025: < 0.1%● 0.0% vs 01-2025lowest value 03-2025: < 0.1%● 0.0% vs 02-2025lowest value 04-2025: < 0.1%▲ +5.9% vs 03-2025 05-2025: < 0.1%▲ +2.8% vs 04-2025 06-2025: < 0.1%▲ +2.7% vs 05-2025 07-2025: < 0.1%▲ +15.8% vs 06-2025 08-2025: 0.1%▲ +68.2% vs 07-2025 09-2025: 0.1%▲ +25.7% vs 08-2025 10-2025: 0.2%▲ +86.0% vs 09-2025 11-2025: 0.1%▼ -46.2% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%▼ -4.3% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%▼ -1.1% vs 02-2026 04-2026: 0.1%▲ +2.3% vs 03-2026 05-2026: 0.1%▲ +4.4% vs 04-2026 06-2026: 0.1%▲ +9.6% vs 05-2026 07-2026: 0.1%▲ +2.9% vs 06-2026 08-2026: 0.2%▲ +91.5% vs 07-2026 09-2026: 0.2%▲ +18.7% vs 08-2026 10-2026: 0.4%▲ +68.9% vs 09-2026highest value
  • Figures for FY 2024 (filed 18-10-2025) raises the probability
  • Founded in 2001 lowers the probability for this profile
  • Equity €5.9m (88.0% of total assets) lowers the probability
  • Liquidity: current ratio 5.35, cash €540,516 lowers the probability
Credit up to €500,000 at 30 days acceptable
Liquidity ample (current ratio 5.35 against 5.87 in 2023; short-term debt: 12% and cash: 8% of total assets), and 12% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 55, small). Better than this share of them on solvency 94%, liquidity 81%, profitability 75%, growth against the median 63%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 18-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2001
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €5.9m (88.0% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 5.35, cash €540,516
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
74 d late
2023
5 d late
2022
19 d early
2021
1 d late
2020
32 d early
2019
17 d 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 8 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Appointment: VRC Registered Auditors BV (statutory…Permanent representative: Mireille Decoster
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Caution: Result fell in 2024from €735,631 to €257,564 ▼ 65.0% View
  • Positive: Among the best 6% on solvencysector median 27.6% · 490 companies 88.0% View
  • Caution: Accounts not fileddeadline was 31-07-2026 67 d late View
  • Controlled by PROMOTORA KASDE S.A parent View

By topic

Financials

Fiscal year
2024
Total assets
€6.7m
Profit
€257,564
Solvency
88.0%
Total assets▲ 5.6%
Net result
20182024
Go to Financials

Timeline

Events
16
Since
2016
  1. 23-03-2026Appointment: VRC Registered Auditors BV (statutory auditor)
  2. 13-10-2025Annual accounts filed
  3. 05-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Hotels and similar accommodationNACE 55100
Founded
13-02-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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