FIRST EUROFLAT HOTEL
ActiveSummary
FIRST EUROFLAT HOTEL has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.6m and a net result of €566,719. Equity has been growing by about 8.6% per year since 2018. Its solvency ranks better than 76% of 516 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 19-10-1982 Normal situation
- Activity
- Hotels and similar accommodation NACE 55100and 2 others
- Establishment unit
- 2.102.366.914 1000 Brussel, since 01-11-1982
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Board and ownership
- COHEN LEVY LéaManaging director
- ILB MANAGEMENTDirector · since 11-02-2026 · permanent representative Leslie Sindy BENARROCH COHEN
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €2.2m
- ▲ 26.4%
- Turnover
- ≈ €3.9m
- estimated
- Profit
- €566,719
- ▲ 122%
- Equity
- €2.6m
- ▲ 26.9%
- Total assets
- €4.0m
- ▲ 5.2%
- Employees on 31-12-2025
- 22
- ▲ 4.8%
- 2025 accounts filed 75 days after the deadline
Score breakdownraises riskLast filed accounts filed 75 days late; 2 of the last 3 accounts latelowers riskFounded in 1982Size: 22.4 FTE, total assets €4.0mEquity €2.6m (66.4% of total assets)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 83% of them on solvency, 71% on liquidity, 93% on profitability and 85% on growth.
The bankruptcy probability was computed on 01-11-2026 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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Signals
The company filed its last 7 accounts on average 45 days after 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)
Key points
Recent changes
- · Gazette deed Appointment: ILB Management (director)Permanent representative: Leslie Sindy BENARROCH COHEN · Resignations: ACHOUR Allegria usage AICH, DECLERCQ Jacqueline Marie J and ELLOUK Messod
- · Gazette deed Reappointment: COHEN LEVY Léa (director and managing director)
Comparable companies
These companies have the same main activity as FIRST EUROFLAT HOTEL: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €3.1m and €5.5m, founded between 1975 and 1989.
| Company | Total assets | Gross margin |
|---|---|---|
| FIRST EUROFLAT HOTEL Brussel | €4.0m | €2.2m |
| STRAND HOTEL Oostende | €3.7m | €2.1m |
| LE CÔTÉ VERT Waterloo | €3.8m | €1.9m |
| ATLAS HOTEL BRUSSELS Brussel | €5.5m | €2.4m |
| MANOS Sint-Gillis (bij-Brussel) | €3.6m | €2.6m |
| Ghent River Hotel Gent | €3.1m | €1.9m |
| OSTEND INVEST Oostende | €3.4m | €2.1m |
Key facts about FIRST EUROFLAT HOTEL
- What is the company number of FIRST EUROFLAT HOTEL?
- The company number of FIRST EUROFLAT HOTEL is 0423.132.212. The VAT number is the same number with BE in front: BE 0423.132.212.
- Where is FIRST EUROFLAT HOTEL based?
- The registered office is at Karel de Grotelaan 50-52, 1000 Brussel.Company details
- What does FIRST EUROFLAT HOTEL do?
- According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
- What is the legal form of FIRST EUROFLAT HOTEL?
- The legal form of FIRST EUROFLAT HOTEL is Public limited company (NV).
- When was FIRST EUROFLAT HOTEL founded?
- FIRST EUROFLAT HOTEL was founded on 19-10-1982.
- Is FIRST EUROFLAT HOTEL still active?
- Yes, FIRST EUROFLAT HOTEL is an active enterprise in the KBO register.
- How many employees does FIRST EUROFLAT HOTEL have?
- FIRST EUROFLAT HOTEL had an average of 22.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FIRST EUROFLAT HOTEL?
- The turnover in financial year 2025 is ≈ €3.9m. This figure is estimated from the gross margin of €2.2m and 1,584 comparable companies of the same size. It probably lies between €2.6m and €6.3m. It is a rough estimate.
- Is FIRST EUROFLAT HOTEL profitable?
- In financial year 2025, FIRST EUROFLAT HOTEL made a profit of €566,719.
- Where can I find the annual accounts of FIRST EUROFLAT HOTEL?
- FIRST EUROFLAT HOTEL filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FIRST EUROFLAT HOTEL due?
- FIRST EUROFLAT HOTEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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