HOTEL SOUTH
ActiveFrom the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
HOTEL SOUTH has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €238,928 and a net result of €8,991. Equity has been growing by about 6.5% per year since 2019. Its solvency ranks better than 79% of 1,597 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 16-05-2002 Normal situation
- Activity
- Holiday cottages, homes and apartments NACE 55203and 3 others
- Establishment unit
- 2.115.058.670 6043 Charleroi, since 28-10-2002
- Financial year end
- 30 September
- Peppol
- Reachable since 22-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €272,876
- ▲ 0.3%
- Turnover
- ≈ €470,000
- estimated
- Profit
- €8,991
- ▲ 43.7%
- Equity
- €238,928
- ▲ 2.8%
- Total assets
- €395,623
- ▲ 3.4%
- Staff
- 4.6 FTE
- ▲ 4.5%
Score breakdownraises riskLiquidity: current ratio 0.53, cash €1,816lowers riskFounded in 2002Size: total assets €395,623Legal form: public limited companyShow the evidence
Checked score
About 2 in 1,000 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 78% of them on solvency, 33% on liquidity, 64% on profitability and 54% on growth.
The bankruptcy probability was computed on 01-11-2026 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 7 accounts on average 12 days after 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
- Higher gross margin than 90% of companies in accommodationsector median €45,352 · 1,596 companies €272,876 View
Comparable companies
These companies have the same main activity as HOTEL SOUTH: holiday cottages, homes and apartments (NACE 55203). They are comparable in size and age: total assets between €355,000 and €583,000, founded between 1991 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| HOTEL SOUTH Charleroi | €395,623 | €272,876 |
| SKINDLES Poperinge | €451,772 | €210,692 |
| AZIMUT Houffalize | €355,188 | €265,927 |
| BdV ImG Profondeville | €582,516 | €225,083 |
| S.A. HEINDRICHS - SCHAUSS Malmedy | €469,851 | €196,831 |
| JAZZMOSPHERE Antwerpen | €448,993 | €280,712 |
| De Leet Ieper | €376,875 | €175,338 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 30-04-2026
- Annual accounts 2024filed on 05-04-2025
- Annual accounts 2023filed on 16-04-2024
- Annual accounts 2022filed on 31-05-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 28-10-2025
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about HOTEL SOUTH
- What is the company number of HOTEL SOUTH?
- The company number of HOTEL SOUTH is 0477.529.515. The VAT number is the same number with BE in front: BE 0477.529.515.
- Where is HOTEL SOUTH based?
- The registered office is at Chaussée de Gilly 206, 6043 Charleroi.Company details
- What does HOTEL SOUTH do?
- According to the KBO register, the main activity is holiday cottages, homes and apartments (NACE 55203).
- What is the legal form of HOTEL SOUTH?
- The legal form of HOTEL SOUTH is Public limited company (NV).
- When was HOTEL SOUTH founded?
- HOTEL SOUTH was founded on 16-05-2002.
- Is HOTEL SOUTH still active?
- Yes, HOTEL SOUTH is an active enterprise in the KBO register.
- How many employees does HOTEL SOUTH have?
- HOTEL SOUTH had an average of 4.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of HOTEL SOUTH?
- The turnover in financial year 2025 is ≈ €470,000. This figure is estimated from the gross margin of €272,876 and 35 comparable companies (NACE 55). It probably lies between €400,000 and €650,000.
- Is HOTEL SOUTH profitable?
- In financial year 2025, HOTEL SOUTH made a profit of €8,991.
- Where can I find the annual accounts of HOTEL SOUTH?
- HOTEL SOUTH filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of HOTEL SOUTH due?
- HOTEL SOUTH must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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