HOTEL SPA RESORT
ActiveSummary
HOTEL SPA RESORT has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.0m and a net result of €710,642. Equity has been shrinking by about 5.7% per year since 2018. Its solvency ranks better than 50% of 516 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 24-12-1993 Normal situation
- Activity
- Hotels and similar accommodation NACE 55100and 1 other
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2023
- Establishment unit
- 2.066.110.985 4900 Spa, since 28-03-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 14-11-2025
Board and ownership
- MAS INVESTDirector · since 22-11-2023 · permanent representative WOHRMANN Marco
- Auditor
- KPMG Réviseurs d'Entreprises SCRL civile
- MAS INVESTconsolidatesannual accounts 2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €4.8m
- ▲ 25.7%
- Turnover
- ≈ €8.3m
- estimated
- Profit
- €710,642
- ▲ 168%
- Equity
- €5.0m
- ▲ 16.4%
- Total assets
- €14.4m
- ▲ 36.6%
- Employees on 31-12-2025
- 61
- ▲ 56.4%
- 2025 accounts filed 25 days after the deadline
Score breakdownraises riskLiquidity: current ratio 1.81, cash €807,168lowers riskFounded in 1993Profit of €710,642 (financial year 2025)Size: 49.9 FTE, total assets €14.4mShow the evidence
Checked score
About 1 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, small). It does better than 56% of them on solvency, 75% on liquidity, 66% on profitability and 77% 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 17 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
Comparable companies
These companies have the same main activity as HOTEL SPA RESORT: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €7.7m and €15m, founded between 1995 and 2006.
| Company | Total assets | Gross margin |
|---|---|---|
| HOTEL SPA RESORT Spa | €14.4m | €4.8m |
| Auberge de Rochehaut Bouillon | €14.0m | €4.1m |
| CONTINENTAL STAY Evere | €12.2m | €2.9m |
| GRAND HOTEL CASSELBERGH Oostkamp | €13.1m | €4.8m |
| HOTEL RESTAURANT VERVIERS Verviers | €15.2m | €4.5m |
| HOTEL BUTGENBACHER HOF Bütgenbach | €7.7m | €3.1m |
| HOTEL RESTAURANT CHARLEROI AIRPORT Charleroi | €9.5m | €5.9m |
Key facts about HOTEL SPA RESORT
- What is the company number of HOTEL SPA RESORT?
- The company number of HOTEL SPA RESORT is 0451.873.510. The VAT number is the same number with BE in front: BE 0451.873.510.
- Where is HOTEL SPA RESORT based?
- The registered office is at Place Royale 39, 4900 Spa.Company details
- What does HOTEL SPA RESORT do?
- According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
- What is the legal form of HOTEL SPA RESORT?
- The legal form of HOTEL SPA RESORT is Public limited company (NV).
- When was HOTEL SPA RESORT founded?
- HOTEL SPA RESORT was founded on 24-12-1993.
- Is HOTEL SPA RESORT still active?
- Yes, HOTEL SPA RESORT is an active enterprise in the KBO register.
- How many employees does HOTEL SPA RESORT have?
- HOTEL SPA RESORT had an average of 49.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HOTEL SPA RESORT fall under?
- In its 2023 annual accounts, HOTEL SPA RESORT states joint committee 302 (Paritair Comité voor het hotelbedrijf).
- What is the turnover of HOTEL SPA RESORT?
- The turnover in financial year 2025 is ≈ €8.3m. This figure is estimated from the gross margin of €4.8m and 1,586 comparable companies of the same size. It probably lies between €5.6m and €14.0m. It is a rough estimate. In financial year 2023 turnover was €5.8m.
- Is HOTEL SPA RESORT profitable?
- In financial year 2025, HOTEL SPA RESORT made a profit of €710,642.
- Where can I find the annual accounts of HOTEL SPA RESORT?
- HOTEL SPA RESORT filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HOTEL SPA RESORT due?
- HOTEL SPA RESORT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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