HOTEL AUGUSTIN
ActiveSummary
HOTEL AUGUSTIN has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €920k and a net result of €327k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 45% of 489 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▼-3
Solvency47▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity short (current ratio 0.24 against 0.55 in 2023; short-term debt: 37.9% and cash: 3.1% of total assets), and 78% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22%
Return on assets
7.8%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €920k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-08-2025, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d late
2023
30 d early
2022
32 d early
2021
4 d early
2020
61 d late
2019
55 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€327k▼ 17.0%
2023 · €395k
2018: €526k
2019: €337k
2020: €-673k
2021: €-200k
2022: €-1.13M
2023: €395k
2018 → 2024
Working capital
€-1.20M▼ 92.9%
2023 · €-624k
2018: €-1.60M
2019: €-1.26M
2020: €-1.47M
2021: €-1.59M
2022: €-690k
2023: €-624k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-127k-€-327k▼ 158%€198k€593k▲ 199%€920k▲ 55.2%
Operating result€-391k-€-143k▲ 63.5%€-133k▲ 7.1%€464k€374k▼ 19.3%
Net result€-673k-€-200k▲ 70.3%€-1.13M▼ 463%€395k€327k▼ 17.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 19% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.19M
Fixed assets
€3.80M ▲ 24.0%
Current assets
€383k ▼ 49.9%
Equity and liabilities €4.19M
Equity
€920k ▲ 55.2%
Provisions
€428k ▲ 7.7%
Debt
€2.84M ▼ 0.1%
Debt's share of the balance-sheet total falls from 74.2% to 67.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€755k▲
2023 · €747k
Cash flow
€708k▲
2023 · €677k
Current ratio
0.24▼
2023 · 0.55
Quick ratio
0.24▼
2023 · 0.55
Debt to equity
3.08▼
2023 · 4.79
ROE
35.6%▼
2023 · 66.6%
ROA
7.8%▼
2023 · 10.3%
Interest coverage
15.95▲
2023 · 10.74
Debt ≤ 1 year
€1.59M▲
2023 · €1.39M
Debt > 1 year
€1.25M▼
2023 · €1.45M
Staff costs
€351k▼
2023 · €406k
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 · 2024 against 2023 · 57 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.83M€4.19M▲
Fixed assets21/28€3.07M€3.80M▲
Tangible fixed assets22/27€3.04M€3.77M▲
Land and buildings22€2.34M€2.17M▼
Plant, machinery and equipment23€352k€1.18M▲
Furniture and vehicles24€32k€219k▲
Assets under construction and advance payments27€314k€205k▼
Financial fixed assets28€29k€29k=
Current assets29/58€765k€383k▼
Stocks and contracts in progress3€7k€7k▲
Stocks30/36€7k€7k▲
Amounts receivable within one year40/41€125k€239k▲
Trade receivables40€121k€207k▲
Other amounts receivable41€4k€32k▲
Cash at bank and in hand54/58€628k€130k▼
Deferred charges and accrued income490/1€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€3.83M€4.19M▲
Equity10/15€593k€920k▲
Contributions10/11€1.85M€1.85M=
Capital10€1.85M€1.85M=
Issued capital100€1.85M€1.85M=
Revaluation surpluses12€1.27M€1.18M▼
Reserves13€1.05M€1.15M▲
Distributable reserves133€1.05M€1.15M▲
Profit (loss) carried forward14€-3.58M€-3.25M▲
Provisions and deferred taxes16€397k€428k▲
Provisions for liabilities and charges160/5€397k€428k▲
Other liabilities and charges164/5€397k€428k▲
Amounts payable17/49€2.84M€2.84M▼
Amounts payable after more than one year17€1.45M€1.25M▼
Financial debts170/4€1.45M€1.25M▼
Amounts payable within one year42/48€1.39M€1.59M▲
Current portion of amounts payable after more than one year42€196k€201k▲
Trade debts44€382k€115k▼
Suppliers440/4€382k€115k▼
Advances received on contracts in progress46€17k€13k▼
Taxes, remuneration and social security45€84k€52k▼
Taxes450/3€15k€7k▼
Remuneration and social security454/9€69k€45k▼
Other amounts payable47/48€710k€1.21M▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€406k€351k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€283k€380k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€30k€30k=
Other operating charges640/8€42k€42k▲
Gross operating margin9900€1.22M€1.18M▼
Operating profit (loss)9901€464k€374k▼
Financial income75/76B€209€357▲
Recurring financial income75€209€357▲
Financial charges65/66B€70k€47k▼
Recurring financial charges65€70k€47k▼
Profit (loss) for the period before taxes9903€395k€327k▼
Profit (loss) for the period9904€395k€327k▼
Profit (loss) for the period to be appropriated9905€395k€327k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3.58M€-3.25M▲
Profit (loss) brought forward from the previous period14P€-3.97M€-3.58M▲
Social balance
Average headcount (FTE)908710.711.0▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 6 days late
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €395k
Net result €395k after 3 loss-making years.
31-12
Financial
Equity above €500kEq €593k ▲199%
Equity rises from €198k to €593k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-1.13M
Net result drops to €-1.13M, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €198k
Equity rises from €-327k to €198k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 55 days late
2019
31-12
Financial
Equity above €500kEq €546k ▲161%
2 profitable years in a row build equity to €546k.
06-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 98 days late
Show earlier events
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 92 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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 2006
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.
Stalingradlaan 25-311000 BrusselGround area
565 m²
Building footprint
452 m²
Volume, LiDAR
8,622 m³
Parcel 21809K0065/02K008, Brussels · tallest building 22.8 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Stalingradlaan 25-31, 1000 Brussel
since 20062.155.625.357
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0065/02K008 | Brussels | 565 m² | 1 · 452 m² | 22.8 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.155.625.357
Similar companies · same sector, comparable size
OPO HOTEL
BE 0707.633.014
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800-100
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Blankenberge · Eq €921,118
HOTEL PRINCESS
BE 0872.726.420
Oostende · Eq €921,493
LA GRIGNOTIERE
BE 0452.119.176
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FIDICORE
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Brussel · Eq €923,853
Of 2,394 companies in sector 55100 we hold annual accounts for 1,517. 971 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-07-1999
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.