Financials
- Financial year
- 2025
- Total assets
- €1.7m
- Loss
- -€117,685
- Solvency
- 12.4%
Total assets▼ 8.2%
Net result
20182025
HOTEL ELBERG
Judicial reorganisationSummary
The file of HOTEL ELBERG contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette. The KBO register currently lists the legal status of HOTEL ELBERG as special situation, with no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €209,647 and a net result of -€117,685. Equity is shrinking by about 9.2% per year across the filed financial years. Its solvency ranks better than 43% of 1,576 sector peers (NACE 55, financial year 2025).
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Enterprise Court of Hainaut
- Opened
- 15 April 2026
- Track
- Reorganisation by collective agreement
- Docket number
- 20260008
- Moratorium until
- 15 December 2026
- Creditors' vote
- 9 December 2026
- Delegated judge
- Philippe Lenfant
- Official Gazette
- 23-04-2026 (pdf) ↗search the document for 2026/117371
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the moratorium runs until 15 December 2026, unless the court extends or ends it earlier. The date of the vote on the plan is in the judgment and in RegSol.
View the file in RegSol ↗
Follow
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Hotels and similar accommodation
NACE 55100
1 site
Size
€1.7mtotal assets 2025
- Equity
- €209,647
- Loss
- -€117,685
Turnover not published (micro format)
Financial health
24
Critical
Checked score 2025Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Accounts filed 61 days late0 of 3 deeds read
Signalsraises riskPersistent lossesIn judicial reorganisationneutralFiled after the deadlineShow the evidence
Checked score
Score 2025
24
/ 100
Critical
Without a bankruptcy probability: score from the figures alone
An ongoing judicial reorganisation from the Belgian Official Gazette caps the score at 24. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
37-6
equity 12.4% of total assets
Liquidity
24-2
short-term debt 51.1% · cash 0.0%
Profitability
36+33
return on assets -7.0%
Bankruptcy probability, 12 months
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
No credit on open account during an ongoing judicial reorganisation
Liquidity insufficient (current ratio 0.24, compared with 0.24 in 2024, below 1; short-term debt: 51.1% and cash: 0% of total assets), and 87.6% of the assets are financed with debt and provisions.
Signals
Three signals.
raises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€117,685
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
61 days late
2024
421 days late
2023
216 days late
2022
162 days late
2021
137 days late
2020
100 days late
2019
122 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 174 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 9 January (4 of the last 5 filed years within 101 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- ExtensionEnterprise Court of Hainaut ·…
Key points
- Risk: In judicial reorganisationtrustee not known 15-04-2026 View
- Risk: 3 loss-making years in a rowloss financial year 2025 -€117,685 View
- Caution: Among the weakest 5% on net resultsector median €2,147 · 1,578 companies -€117,685 View
- Caution: Latest accounts filed lateafter the legal deadline 61 days View
- Positive: Result rose in 2025from -€236,405 to -€117,685 ▲ 50.2% View
By topic
Timeline
- Events
- 28
- Since
- 2005
- Next accounts
- by 31-07-2027
- 23-04-2026Opening
- 04-03-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Hotels and similar accommodationNACE 55100
- Founded
- 08-09-2003
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
What should you check before you do business with this company?Supplier due diligence What were this company's board, registered office and name on a given date?Company as of a date Are there other customers at risk in your own list?Process a list How is the hotels and similar accommodation sector doing?Sector figures
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