Exploitatiemaatschappij IDH
ActiveExploitatiemaatschappij IDH has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €182k and a net result of €25k. Equity is growing by ~20.4% per year across the filed fiscal years. Its solvency ranks better than 47% of 672 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+1
Solvency50▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.07 in 2023; short-term debt: 74.6% and cash: 35.3% of total assets), and 74.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-05-2025, 86 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
86 d early
2023
75 d early
2022
59 d early
2021
20 d early
2020
17 d early
2019
54 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€182k▲ 15.7%
2023 · €157k
2018: €60k
2019: €60k
2020: €88k
2021: €114k
2022: €149k
2023: €157k
2018 → 2024
Total assets
€717k▼ 5.4%
2023 · €758k
2018: €370k
2019: €469k
2020: €406k
2021: €593k
2022: €721k
2023: €758k
2018 → 2024
Net result
€25k▲ 43.5%
2023 · €17k
2018: €85k
2019: €30k
2020: €28k
2021: €26k
2022: €35k
2023: €17k
2018 → 2024
Working capital
€100k▲ 146%
2023 · €40k
2018: €-85k
2019: €-51k
2020: €5k
2021: €-47k
2022: €21k
2023: €40k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€88k-€114k▲ 30.1%€149k▲ 30.4%€157k▲ 5.8%€182k▲ 15.7%
Operating result€27k-€34k▲ 28.2%€48k▲ 41.1%€30k▼ 38.8%€40k▲ 35.2%
Net result€28k-€26k▼ 5.3%€35k▲ 31.4%€17k▼ 50.2%€25k▲ 43.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 35% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €717k
Fixed assets
€83k▼ 0.5%
Current assets
€634k▼ 1.1%
Equity and liabilities €717k
Equity
€182k▲ 15.7%
Debt
€535k▼ 11.0%
The debt ratio falls from 79.3% to 74.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€99k▲
2023 · €81k
Cash flow
€83k▲
2023 · €69k
Solvency
25.4%▲
2023 · 20.7%
Current ratio
1.19▲
2023 · 1.07
Quick ratio
1.17▲
2023 · 1.05
Debt / equity
2.94▼
2023 · 3.82
ROE
13.6%▲
2023 · 11.0%
ROA
3.5%▲
2023 · 2.3%
Interest coverage
25.83▼
2023 · 139.24
Debt
€535k▼
2023 · €601k
Debt ≤ 1 year
€535k▼
2023 · €601k
Income taxes
€12k▲
2023 · €12k
Staff costs
€571k▼
2023 · €594k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€758k€717k▼
Formation expenses20€34k€0▼
Fixed assets21/28€83k€83k▼
Tangible fixed assets22/27€83k€83k▼
Land and buildings22€7k€5k▼
Plant, machinery and equipment23€71k€74k▲
Furniture and vehicles24€5k€3k▼
Current assets29/58€641k€634k▼
Stocks and contracts in progress3€12k€11k▼
Stocks30/36€12k€11k▼
Amounts receivable within one year40/41€105k€60k▼
Trade receivables40€73k€45k▼
Other amounts receivable41€33k€15k▼
Current investments50/53-€300k
Cash at bank and in hand54/58€520k€253k▼
Deferred charges and accrued income490/1€4k€11k▲
Equity and liabilities
Total equity and liabilities10/49€758k€717k▼
Equity10/15€157k€182k▲
Contributions10/11€19k€19k=
Reserves13€139k€164k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€119k€144k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€601k€535k▼
Amounts payable within one year42/48€601k€535k▼
Trade debts44€144k€134k▼
Suppliers440/4€144k€134k▼
Taxes, remuneration and social security45€82k€94k▲
Taxes450/3€6k€5k▼
Remuneration and social security454/9€76k€89k▲
Other amounts payable47/48€375k€306k▼
Accrued charges and deferred income492/3€0€305▲
Income statement
Code20232024
Remuneration, social security and pensions62€594k€571k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€59k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-795€0▲
Other operating charges640/8€579k€942k▲
Non-recurring operating charges66A€12k€0▼
Gross operating margin9900€1.26M€1.61M▲
Operating profit (loss)9901€30k€40k▲
Financial income75/76B€53€764▲
Recurring financial income75€53€764▲
Financial charges65/66B€582€4k▲
Recurring financial charges65€582€4k▲
Profit (loss) for the period before taxes9903€29k€37k▲
Income taxes67/77€12k€12k▲
Profit (loss) for the period9904€17k€25k▲
Profit (loss) for the period to be appropriated9905€17k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€25k▲
Transfer to equity691/2€9k€25k▲
To other reserves6921€9k€25k▲
Profit to be distributed694/7€9k€0▼
Return on contributions (dividend)694€9k€0▼
Social balance
Average headcount (FTE)908713.110.7▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
26-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment4 facts ▸
- General meeting, 2026-08-10
- Director resignation, Justine Devooght (CD-bestuurder)
- Director appointment, Marie Van den Bergh (CD-bestuurder)
- Permanent representative, Jochen Debucquoy
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €17k ▼50.2%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €157k ▲5.8%
6 profitable years in a row build equity to €157k.
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100kEq €114k ▲30.1%
4 profitable years in a row build equity to €114k.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 54 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
19 directors, no change since 2026
Marie Van den Bergh
CurrentCd bestuurder · since 10-08-2026
10-08-2026
Marie Van den Bergh: Appointed as Cd bestuurder
10-08-2026
Justine Devooght: Resigned as Cd bestuurder
01-06-2025
Idgie Maeckelbergh: Resigned as Director
18-03-2024
Pieter Debree: Resigned as Director
01-03-2024
Jorn Labaere: Resigned as Director
01-04-2023
H-Dynamic: Resigned as Director
05-10-2022
BEDECOM: Resigned as Director
05-10-2022
LEISURE AND HOTEL PROPERTIES: Resigned as Director
05-10-2022
PERSYN, Thomas Mathias Luc: Resigned as Director
05-10-2022
Steven Vandevelde: Resigned as Director
01-07-2020
Loes Govaert: Resigned as Director
03-01-2020
CALLE Stijn R.A.J.: Resigned as Director
03-01-2020
DEGRYSE Bert L.R.: Resigned as Director
03-01-2020
HUTSEBAUT Koen R.: Resigned as Director
03-01-2020
N.V. Hotel Development Company (Hodecom): Resigned as Director
03-01-2020
N.V. Hotel Development Company (Hodecom): Resigned as Managing director
03-01-2020
N.V. Industrie Hotelière et Immobilière (INHO): Resigned as Director
03-01-2020
N.V. Industrie Hotelière et Immobilière (INHO): Resigned as Managing director
03-01-2020
N.V. Land Lease Company (Laleco): Resigned as Director
03-01-2020
N.V. Land Lease Company (Laleco): Resigned as Managing director
04-10-2018
DEBUCQUOY Joachim G.M.: Resigned as Permanent representative
04-10-2018
DEBUCQUOY Jonathan J.J.: Resigned as Permanent representative
23-02-2018
GAMBARDELLA Jean-Marie: Resigned as Director
02-05-2017
PYCKE Jeroen: Resigned as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2016
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.
Kortrijksesteenweg 10439051 GentGround area
2,296 m²
Building footprint
1,441 m²
Volume, LiDAR
1,287 m³
2 parcels, Flanders · tallest building 15.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ibis De Haan
since 20162.244.904.157
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062B0356/00B004 | Flanders | 1,192 m² | 1 · 172 m² | 15.2 m · 2 fl. |
| 35021A0127/00K000 | Flanders | 1,103 m² | 1 · 1,269 m² | 15.8 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Recognitions · licences · registrations
Food safety, FASFC
1 siteDe Haan2.244.904.157
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
Hotel Development Oudenaarde
BE 0536.237.972
Gent · Eq €182k
MONTANA
BE 0419.286.656
De Panne · Eq €182k
HOSTELLERIE LA SAPINIERE
BE 0466.414.602
Vresse-sur-Semois · Eq €183k
Brafats
BE 0742.971.795
Lierneux · Eq €183k
VLAEMINCK & C°
BE 0828.297.846
Londerzeel · Eq €184k
Of 2,395 companies in sector 55100 we hold annual accounts for 1,516. 1,103 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-08-2015
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.