Hotel Development Belzan
ActiveSummary
The computed 12-month bankruptcy probability of Hotel Development Belzan is 2.1% (moderate). The 2025 annual accounts show negative equity (-€74,983) and a net result of -€17,229. Equity has been shrinking by about 47% per year since 2020. Its solvency ranks better than 5% of 516 sector peers (NACE 55, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 27-08-2019 Normal situation
- Activity
- Hotels and similar accommodation NACE 55100and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2025
Board and ownership
- Bouke KoppertDirector
- Stephen LoftusDirector
- Serret Ltd100%annual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.1%
- Gross margin
- -€16,412
- Loss
- €17,229
- Equity
- -€74,983
- ▼ 29.8%
- Total assets
- €3,571
- ▼ 51.5%
- Negative equity on 31-12-2025
- 2025 accounts filed 55 days after the deadline
Score breakdownraises riskLast filed accounts filed 55 days late; 1 of the last 3 accounts lateNo registered site in the KBOlowers riskSize: total assets €3,571Liquidity: current ratio 0.05, cash €3,370, halvedShow the evidence
Checked score
About 2 in 100 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, micro). It does better than 8% of them on solvency, 54% on liquidity, 5% on profitability and 18% on growth.
The bankruptcy probability was computed on 02-11-2026 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 6 accounts on average 5 days before 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 Reappointments: Stephen Loftus (director) and Bouke Koppert (director)
- · Gazette deed Resignation: James MURPHY (director)Reappointment: BDO Bedrijfsrevisoren (statutory auditor) · Permanent representative: Veerle Catry
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Hotel Development Belzan: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €2,280 and €5,140, founded between 2013 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| Hotel Development Belzan Gent | €3,571 | -€16,412 |
| BHG Brussel IV Antwerpen | €2,819 | -€18,810 |
| INTIMHO Charleroi | €5,144 | -€23,369 |
| AG & Y Brugge | €4,011 | -€363 |
| M.D.B. Seneffe | €2,276 | €0 |
| GARDEN VILLAGE Brussel | €3,014 | -€5,748 |
| AKANDA GROUP Grimbergen | €4,018 | -€10,350 |
Key facts about Hotel Development Belzan
- What is the company number of Hotel Development Belzan?
- The company number of Hotel Development Belzan is 0732.905.868. The VAT number is the same number with BE in front: BE 0732.905.868.
- Where is Hotel Development Belzan based?
- The registered office is at Drongenplein 26D, 9031 Gent.Company details
- What does Hotel Development Belzan do?
- According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
- What is the legal form of Hotel Development Belzan?
- The legal form of Hotel Development Belzan is Public limited company (NV).
- When was Hotel Development Belzan founded?
- Hotel Development Belzan was founded on 27-08-2019.
- Is Hotel Development Belzan still active?
- Yes, Hotel Development Belzan is an active enterprise in the KBO register.
- What is the turnover of Hotel Development Belzan?
- The annual accounts for financial year 2025 state no turnover. In financial year 2024 turnover was €35,000.Financials
- Is Hotel Development Belzan profitable?
- In financial year 2025, Hotel Development Belzan made a loss of €17,229.
- Where can I find the annual accounts of Hotel Development Belzan?
- Hotel Development Belzan filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Hotel Development Belzan due?
- Hotel Development Belzan must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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