GUEST 36
ActiveSummary
GUEST 36 has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €154k and a net result of €24k. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 63% of 1309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-1
Solvency60▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.47 against 0.43 in 2024; short-term debt: 17.5% and cash: 2.3% of total assets), and 65.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
34.5%
Return on assets
5.4%
Age of the figures
9 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
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
21 d early
2023
30 d late
2022
55 d late
2021
210 d late
2020
103 d late
2019
167 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€154k▲ 7.9%
2024 · €143k
2018: €16klowest in 8 years
2019: €29k▲ +84.1% vs 2018
2020: €75k▲ +162% vs 2019
2021: €86k▲ +14.2% vs 2020
2022: €116k▲ +35.1% vs 2021
2023: €126k▲ +8.7% vs 2022
2024: €143k▲ +13.5% vs 2023
2025: €154k▲ +7.9% vs 2024highest in 8 years
2018 → 2025
Total assets
€446k▼ 5.4%
2024 · €472k
2018: €542k
2019: €520k▼ -4.1% vs 2018
2020: €571k▲ +9.8% vs 2019highest in 8 years
2021: €560k▼ -1.9% vs 2020
2022: €554k▼ -1.2% vs 2021
2023: €493k▼ -11.0% vs 2022
2024: €472k▼ -4.3% vs 2023
2025: €446k▼ -5.4% vs 2024lowest in 8 years
2018 → 2025
Net result
€24k▼ 18.9%
2024 · €30k
2018: €4k
2019: €15k▲ +252% vs 2018
2020: €-512▼ -104% vs 2019lowest in 8 years
2021: €11k▲ +2308% vs 2020
2022: €33k▲ +193% vs 2021highest in 8 years
2023: €23k▼ -30.4% vs 2022
2024: €30k▲ +30.1% vs 2023
2025: €24k▼ -18.9% vs 2024
2018 → 2025
Working capital
€-41k▲ 23.4%
2024 · €-54k
2018: €-178klowest in 8 years
2019: €-165k▲ +7.4% vs 2018
2020: €-127k▲ +23.0% vs 2019
2021: €-130k▼ -1.9% vs 2020
2022: €-98k▲ +24.2% vs 2021
2023: €-81k▲ +17.0% vs 2022
2024: €-54k▲ +33.9% vs 2023
2025: €-41k▲ +23.4% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€86k-€116k▲ 35.1%€126k▲ 8.7%€143k▲ 13.5%€154k▲ 7.9%
2021: €86klowest in 5 years
2022: €116k▲ +35.1% vs 2021
2023: €126k▲ +8.7% vs 2022
2024: €143k▲ +13.5% vs 2023
2025: €154k▲ +7.9% vs 2024highest in 5 years
Operating result€20k-€39k▲ 93.5%€27k▼ 29.9%€33k▲ 22.3%€34k▲ 2.3%
2021: €20klowest in 5 years
2022: €39k▲ +93.5% vs 2021highest in 5 years
2023: €27k▼ -29.9% vs 2022
2024: €33k▲ +22.3% vs 2023
2025: €34k▲ +2.3% vs 2024
Net result€11k-€33k▲ 193%€23k▼ 30.4%€30k▲ 30.1%€24k▼ 18.9%
2021: €11klowest in 5 years
2022: €33k▲ +193% vs 2021highest in 5 years
2023: €23k▼ -30.4% vs 2022
2024: €30k▲ +30.1% vs 2023
2025: €24k▼ -18.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €446k
Fixed assets
€410k ▼ 5.0%
Current assets
€37k ▼ 9.3%
Equity and liabilities €446k
Equity
€154k ▲ 7.9%
Provisions
€59k ▲ 17.6%
Debt
€233k ▼ 16.3%
Debt's share of the balance-sheet total falls from 59.1% to 52.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€56k▲
2024 · €56k
Cash flow
€46k▼
2024 · €52k
Current ratio
0.47▲
2024 · 0.43
Debt to equity
1.51▼
2024 · 1.95
ROE
15.8%▼
2024 · 21.0%
ROA
5.4%▼
2024 · 6.4%
Interest coverage
8.30▲
2024 · 7.31
Debt ≤ 1 year
€78k▼
2024 · €94k
Debt > 1 year
€155k▼
2024 · €184k
Income taxes
€7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€472k€446k▼
Fixed assets21/28€431k€410k▼
Tangible fixed assets22/27€431k€410k▼
Land and buildings22€431k€410k▼
Current assets29/58€41k€37k▼
Amounts receivable within one year40/41€24k€25k▲
Trade receivables40€24k€24k▼
Other amounts receivable41€38€1k▲
Cash at bank and in hand54/58€16k€10k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€472k€446k▼
Equity10/15€143k€154k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€63k€87k▲
Investment grants15€61k€48k▼
Provisions and deferred taxes16€50k€59k▲
Deferred taxes168€50k€59k▲
Amounts payable17/49€279k€233k▼
Amounts payable after more than one year17€184k€155k▼
Financial debts170/4€184k€155k▼
Amounts payable within one year42/48€94k€78k▼
Current portion of amounts payable after more than one year42€28k€29k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€5k€13k▲
Taxes450/3€5k€13k▲
Other amounts payable47/48€59k€33k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€59k€59k▲
Operating profit (loss)9901€33k€34k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€29k€30k▲
Transfer from deferred taxes780€1k€1k=
Income taxes67/77-€7k
Profit (loss) for the period9904€30k€24k▼
Profit (loss) for the period to be appropriated9905€30k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€87k▲
Profit (loss) brought forward from the previous period14P€33k€63k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €76 | €44 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €24k | €24k | €22k | €22k | ▼ 2.5% |
| Other operating charges640/8 | €888 | €3k | €3k | €3k | €4k | ▲ 4.1% |
| Gross operating margin9900 | €34k | €66k | €54k | €59k | €59k | ▲ 0.6% |
| Operating profit (loss)9901 | €20k | €39k | €27k | €33k | €34k | ▲ 2.3% |
| Financial income75/76B | €644 | €3k | €3k | €3k | €3k | ▲ 0.5% |
| Recurring financial income75 | €644 | €3k | €3k | €3k | €3k | ▲ 0.5% |
| Financial charges65/66B | €10k | €10k | €8k | €8k | €7k | ▼ 11.6% |
| Recurring financial charges65 | €10k | €10k | €8k | €8k | €7k | ▼ 11.6% |
| Profit (loss) for the period before taxes9903 | €11k | €32k | €22k | €29k | €30k | ▲ 5.8% |
| Transfer from deferred taxes780 | €215 | €1k | €1k | €1k | €1k | = |
| Income taxes67/77 | - | - | - | - | €7k | - |
| Profit (loss) for the period9904 | €11k | €33k | €23k | €30k | €24k | ▼ 18.9% |
| Profit (loss) for the period to be appropriated9905 | €11k | €33k | €23k | €30k | €24k | ▼ 18.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €560k | €554k | €493k | €472k | €446k | ▼ 5.4% |
| Fixed assets21/28 | €501k | €477k | €453k | €431k | €410k | ▼ 5.0% |
| Tangible fixed assets22/27 | €501k | €477k | €453k | €431k | €410k | ▼ 5.0% |
| Land and buildings22 | €498k | €475k | €453k | €431k | €410k | ▼ 5.0% |
| Furniture and vehicles24 | €3k | €2k | - | - | - | - |
| Current assets29/58 | €59k | €77k | €40k | €41k | €37k | ▼ 9.3% |
| Amounts receivable within one year40/41 | €3k | €20k | €20k | €24k | €25k | ▲ 3.5% |
| Trade receivables40 | €3k | €20k | €20k | €24k | €24k | ▼ 0.8% |
| Other amounts receivable41 | €511 | €10 | €13 | €38 | €1k | ▲ 2,765% |
| Cash at bank and in hand54/58 | €56k | €57k | €20k | €16k | €10k | ▼ 37.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €560k | €554k | €493k | €472k | €446k | ▼ 5.4% |
| Equity10/15 | €86k | €116k | €126k | €143k | €154k | ▲ 7.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-23k | €10k | €33k | €63k | €87k | ▲ 38.6% |
| Investment grants15 | €90k | €87k | €74k | €61k | €48k | ▼ 21.3% |
| Provisions and deferred taxes16 | €34k | €33k | €41k | €50k | €59k | ▲ 17.6% |
| Deferred taxes168 | €34k | €33k | €41k | €50k | €59k | ▲ 17.6% |
| Amounts payable17/49 | €441k | €405k | €326k | €279k | €233k | ▼ 16.3% |
| Amounts payable after more than one year17 | €252k | €231k | €205k | €184k | €155k | ▼ 15.8% |
| Financial debts170/4 | €252k | €231k | €205k | €184k | €155k | ▼ 15.8% |
| Amounts payable within one year42/48 | €189k | €175k | €121k | €94k | €78k | ▼ 17.3% |
| Current portion of amounts payable after more than one year42 | €37k | €34k | €34k | €28k | €29k | ▲ 5.0% |
| Trade debts44 | €6k | €5k | €2k | €4k | €3k | ▼ 13.0% |
| Suppliers440/4 | €6k | €5k | €2k | €4k | €3k | ▼ 13.0% |
| Taxes, remuneration and social security45 | - | €580 | €428 | €5k | €13k | ▲ 173% |
| Taxes450/3 | - | €580 | €428 | €5k | €13k | ▲ 173% |
| Other amounts payable47/48 | €145k | €135k | €84k | €59k | €33k | ▼ 43.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €33k | €23k | €30k | €24k | ▼ 18.9% |
| + Depreciation and write-downs630 | €13k | €24k | €24k | €22k | €22k | ▼ 2.5% |
| Operating cash flow (approximation) | €24k | €57k | €47k | €52k | €46k | ▼ 11.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €770 | €-37k | €-3k | €-6k | ▼ 81.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150kEq €154k ▲7.9%
5 profitable years in a row build equity to €154k.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
24-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 55 days late
26-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 210 days late
2022
31-12
Financial
Highest result since 2018net €33k ▲193%
Operating result €39k, net result €33k, both a record.
31-12
Financial
Equity above €100kEq €116k ▲35.1%
2 profitable years in a row build equity to €116k.
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
11-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 103 days late
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 167 days late
2020
31-12
Financial
Weakest financial yearnet €-512
Net result drops to €-512, the lowest in the series; recovery starts the following year.
Show earlier events
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Brussel · 1 establishment unit since 2015
Ground area
86 m²
Building footprint
74 m²
Volume, LiDAR
1,017 m³
Parcel 21811M1428/00E004, Brussels · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Guest 36
since 20152.244.934.841
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M1428/00E004 | Brussels | 86 m² | 1 · 73 m² | 18.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,854 companies in sector 55204 we hold annual accounts for 448. 353 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-08-2015
Fiscal year end31-12
Activities, NACEBEL 2025
55204Guest rooms (bed and breakfast)
46190Agents in non-specialised wholesale trade
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.