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HOTEL GEERTS

Active
Public limited companyfounded 1986active for 40 yearsGrote Markt 50, 2260 Westerlo, BelgiumKBO/BCE: BE 0428.821.558
Summary

HOTEL GEERTS has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €239,063 and a net result of €61,217. Equity is growing by about 8.6% per year across the filed financial years. Its solvency ranks better than 60% of 947 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Full-service restaurants
NACE 56111Hotels and similar accommodation NACE 55100
4th oldest company in Westerlo, Accommodation and food service sector1 site
Size
≈ €2.2mturnover 2025, estimated
Staff
20 FTE
Equity
€239,063
Profit
€61,217
Turnover estimated from the gross margin
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Largest shareholder
Helmar · 32%
  • HelmarDirector · permanent representative GEERTS Francis Jozef Monica
2025 accounts 2 days early2 of 8 deeds summarised
Why 88raises riskSector: Food and beverage service activities (NACE 56)Size: 20 FTE, total assets €607,746lowers riskFounded in 1986Liquidity: current ratio 0.69, cash €117,527Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 56, small)
Financial strength · tick = 2024
Strong
Solvency 64=
equity 39.3% of total assets
Liquidity 43-7
short-term debt 60.7% · cash 19.3%
Profitability 81+4
return on assets 10.1%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,612 companies, NACE 56, 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: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025highest value 09-2025: 0.3%● unchanged vs 08-2025highest value 10-2025: 0.3%● unchanged vs 09-2025highest value 11-2025: 0.3%● unchanged vs 10-2025highest value 12-2025: 0.3%● unchanged vs 11-2025highest value 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.69, compared with 0.82 in 2024, below 1; short-term debt: 60.7% and cash: 19.3% of total assets), and 60.7% 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 56, small): better than 64% on solvency, 38% on liquidity, 72% on profitability and 42% on growth.

The bankruptcy probability was computed on 29-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 1986
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: 20 FTE, total assets €607,746
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 0.69, cash €117,527
NBB · annual accounts
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
1 day early
2023
2 days early
2022
84 days late
2021
14 days late
2020
27 days late
2019
59 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 26 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% 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 30 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
30-10-2026 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. Resignations: HELMAR (director) and GEERTS Karin…Appointment: HELMAR (sole director) ·…
  3. Highest result from 2018 to 2025net €61,217 ▲52.4%

Key points

  • Caution: Board changedlatest change 03-03-2026 · 1 in office 1 joined · 1 left View
  • Positive: 4th oldest company in Westerlo, Accommodation and food service sectorin the Checked rankings No. 4 View
  • Positive: 6 profitable years in a rowprofit 2025: €61,217 6 years View

By topic

Financials

Financial year
2025
Total assets
€607,746
Profit
€61,217
Solvency
39.3%
Total assets▼ 1.6%
Net result
20182025
Go to Financials

Timeline

Events
46
Since
1988
Next accounts
by 31-07-2027
  1. 30-07-2025Annual accounts filed
  2. 29-07-2024Annual accounts filed
  3. 13-11-2023Reappointments: Karin Geerts (director) and Helmar BV…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Full-service restaurantsNACE 56111
Founded
28-04-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
45
Who signs
The sole director
Annual meeting
Third Wednesday of June at 20:00
Purpose
“Hotel, restaurant, tearoom, traiteur en aanverwante activiteiten, die rechtstreeks of…” (deed in Dutch)
Go to Articles of association

Key facts about HOTEL GEERTS

What is the company number of HOTEL GEERTS?
0428.821.558. In Belgium the VAT number is the company number with BE in front: BE 0428.821.558.
Where is HOTEL GEERTS based?
The registered office is at Grote Markt 50, 2260 Westerlo.Company details
What does HOTEL GEERTS do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of HOTEL GEERTS?
Public limited company (NV).
When was HOTEL GEERTS founded?
On 28-04-1986.
Is HOTEL GEERTS still active?
Yes, HOTEL GEERTS is an active enterprise in the KBO register.
How many employees does HOTEL GEERTS have?
On average 20 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HOTEL GEERTS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is HOTEL GEERTS profitable?
In financial year 2025, HOTEL GEERTS made a profit of €61,217.
Where can I find the annual accounts of HOTEL GEERTS?
HOTEL GEERTS filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HOTEL GEERTS due?
By 31-07-2027, for financial year 2026.Timeline

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