Skip to content

EUROPCAT

Active
Public limited companyfounded 200125 years 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 (NACE 55, fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Hotels and similar accommodation
NACE 55100
#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 probability, 12 months
0.4%
Structure
Parent
PROMOTORA KASDE S.A
Auditor: VRC BEDRIJFSREVISORENAccounts 68 days 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%
Financially better than 78% of its sector peers (NACE 55, small)
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%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.1%▼ -0.1 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.4%▲ +0.2 percentage points vs 09-2026highest value
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 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 94% on solvency, 81% on liquidity, 75% on profitability and 63% on growth.

The bankruptcy probability was computed on 06-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 18-10-2025)
NBB · annual accounts
lowers risk · Founded in 2001
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Equity €5.9m (88.0% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 5.35, cash €540,516
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 days late
2023
5 days late
2022
19 days early
2021
1 day late
2020
32 days early
2019
17 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 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
Checked from 2021 on.
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 68 days 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. 31-12-2023Highest result since 2018
  2. 31-12-2023Equity above €5m
  3. 12-07-2023Annual 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

Go further with this company

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.