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Hotel Development Veemarkt

Active
Public limited companyfounded 2013active for 13 yearsDrongenplein 26, 9031 Gent, Belgium13 active companies are registered at this addressKBO/BCE: BE 0538.691.280
Summary

Hotel Development Veemarkt has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €272,885 and a net result of €27,993. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 52% of 510 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisFollow ReportCompare
Hotel Development VeemarktActiveChecked score 82/100
Risk analysis ReportCompare

Overview

Activity
Hotels and similar accommodation
NACE 55100
1 site
Size
€2.2mturnover 2025
Staff
15.3 FTE
Equity
€272,885
Profit
€27,993
Net result -94%: other schema
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
Prem Hotels · 99.99%
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES2025 accounts filed 55 days late2 of 12 deeds summarised
Why 82raises riskLast filed accounts filed 55 days late; 1 of the last 3 lateSize: turnover €2.2m, 15.3 FTE, total assets €738,080lowers riskFounded in 2013Liquidity: current ratio 0.63, cash €133,151Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 55, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 62+13
equity 37.0% of total assets
Liquidity 47+12
short-term debt 50.1% · cash 18.0%
Profitability 65-35
return on assets 3.8%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (579 companies, NACE 55, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.2%▼ -0.1 percentage points vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%▲ +0.4 percentage points vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.5%▼ -0.3 percentage points vs 09-2026
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.63, compared with 0.71 in 2024, below 1; short-term debt: 50.1% and cash: 18% of total assets), and 63% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 59% on solvency, 43% on liquidity, 55% on profitability and 59% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Last filed accounts filed 55 days late; 1 of the last 3 late
NBB · filings
lowers risk · Founded in 2013
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: turnover €2.2m, 15.3 FTE, total assets €738,080
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.63, cash €133,151
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €272,885
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
55 days late
2024
29 days early
2023
13 days early
2022
34 days early
2021
23 days early
2020
12 days late
2019
55 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days after the deadline; the sector median (NACE 55) for financial year 2024 is 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Reappointments: Bouke Koppert (director) and Stephen…Power of attorney
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Result fell in 2025different schema filed ▼ 93.6% View
  • Controlled by Prem Hotelsknown shareholders 100% 99.99% View
  • Positive: 5 profitable years in a rowprofit 2025: €27,993 5 years View

By topic

Financials

Financial year
2025
Turnover
€2.2m
Profit
€27,993
Solvency
37.0%
Turnover▲ 1.1%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
Prem Hotels · 99.99%
Known shareholders
100%
Auditor
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
  • Bouke KoppertDirector
  • Stephen John LoftusDirector
Go to Board & ownership

Timeline

Events
20
Since
2015
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result from 2018 to 2025
  2. 31-12-2024Equity above €200,000
  3. 18-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Hotels and similar accommodationNACE 55100
Founded
11-09-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Hotel Development Veemarkt

What is the company number of Hotel Development Veemarkt?
0538.691.280. In Belgium the VAT number is the company number with BE in front: BE 0538.691.280.
Where is Hotel Development Veemarkt based?
The registered office is at Drongenplein 26, 9031 Gent.Company details
What does Hotel Development Veemarkt do?
According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
What is the legal form of Hotel Development Veemarkt?
Public limited company (NV).
When was Hotel Development Veemarkt founded?
On 11-09-2013.
Is Hotel Development Veemarkt still active?
Yes, Hotel Development Veemarkt is an active enterprise in the KBO register.
How many employees does Hotel Development Veemarkt have?
On average 15.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Hotel Development Veemarkt?
€2.2m in financial year 2025, according to the filed annual accounts.
Is Hotel Development Veemarkt profitable?
In financial year 2025, Hotel Development Veemarkt made a profit of €27,993.
Where can I find the annual accounts of Hotel Development Veemarkt?
Hotel Development Veemarkt filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Hotel Development Veemarkt due?
By 31-07-2027, for financial year 2026.Timeline

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