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HOTELBOS

Open bankruptcy
Public limited companyfounded 1995W.A. Mozartlaan 11, 1620 Drogenbos, BelgiumKBO/BCE: BE 0455.711.344

A bankruptcy procedure is open for HOTELBOS according to publications in the Belgian State Gazette; curator: CHARLOTTE PIERS.

Summary

The file additionally contains 2 judicial reorganisation notices. The 2024 annual accounts show negative equity (-€18,765) and a net result of -€103,851.

HOTELBOSOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Brussels
Declared bankrupt
18 November 2025
Supervising judge
Wouter Delcourt
Official Gazette
25-11-2025 (pdf) ↗search the document for 2025/148597

Deadlines

Provisional date payments stopped
18 November 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 10 December 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 18 December 2025art. XX.104 and XX.155 CEL
First verification report
passed on 24 December 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
18 November 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€18,765
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2024
29 d late
2023
22 d late
2022
52 d late
2021
45 d early
2020
30 d late
2019
59 d late
2018
44 d early
← 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 15 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 July 1995, HOTELBOS was incorporated.1 Total assets went from EUR 737,096 in 2018 to EUR 591,878 in 2024 and headcount from 11 to 8.6 full-time equivalents.2 The company was declared bankrupt on 18 November 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024
  3. 3Belgian State Gazette, 25-11-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, abbreviated schema

Equity
-€18,765
2023 · €85,085
Total assets
€591,878▼ 15.3%
2023 · €699,165
Net result
-€103,851▼ 193,255%
2023 · -€54
Working capital
-€278,547▼ 101%
2023 · -€138,879
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€149,295▼ 8.0%-€1,758▲ 98.8%-€65,006▼ 3,598%€23,095-€83,092
Net result-€156,962below the sector's middle half▼ 8.6%-€14,125within the sector's middle half▲ 91.0%-€83,073below the sector's middle half▼ 488%-€54within the sector's middle half▲ 99.9%-€103,851below the sector's middle half▼ 193,255%
Equity€182,337within the sector's middle half▼ 46.3%€168,212within the sector's middle half▼ 7.7%€85,139within the sector's middle half▼ 49.4%€85,085within the sector's middle half▼ 0.1%-€18,765below the sector's middle half
Total assets€717,307within the sector's middle half▼ 18.8%€794,526within the sector's middle half▲ 10.8%€760,929within the sector's middle half▼ 4.2%€699,165within the sector's middle half▼ 8.1%€591,878below the sector's middle half▼ 15.3%
Debt€534,970▼ 1.7%€626,314▲ 17.1%€675,790▲ 7.9%€614,079▼ 9.1%€610,644▼ 0.6%
Working capital-€59,259within the sector's middle half-€60,602within the sector's middle half▼ 2.3%-€153,729within the sector's middle half▼ 154%-€138,879within the sector's middle half▲ 9.7%-€278,547within the sector's middle half▼ 101%
Solvency25.4%within the sector's middle half▼ 13.0pp21.2%within the sector's middle half▼ 4.2pp11.2%within the sector's middle half▼ 10.0pp12.2%within the sector's middle half▲ 1.0pp-3.2%below the sector's middle half▼ 15.3pp
Current ratio0.82within the sector's middle half▼ 0.380.87within the sector's middle half▲ 0.040.71within the sector's middle half▼ 0.150.73within the sector's middle half▲ 0.010.48within the sector's middle half▼ 0.25
Return on assets (ROA)-21.9%below the sector's middle half▼ 5.5pp-1.8%within the sector's middle half▲ 20.1pp-10.9%below the sector's middle half▼ 9.1pp0.0%within the sector's middle half▲ 10.9pp-17.5%below the sector's middle half▼ 17.5pp
Staff (FTE)11.6within the sector's middle half▼ 14.7%11.4within the sector's middle half▼ 1.7%11.4within the sector's middle half=8.7within the sector's middle half▼ 23.7%8.6within the sector's middle half▼ 1.1%
above within below the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000-€150,000-€100,000-€50,000€0Operating result 2020: -€149,295-€149,295Net result 2020: -€156,962-€156,962Operating result 2021: -€1,758-€1,758Net result 2021: -€14,125-€14,125Operating result 2022: -€65,006-€65,006Net result 2022: -€83,073-€83,073Operating result 2023: €23,095€23,095Net result 2023: -€54-€54Operating result 2024: -€83,092-€83,092Net result 2024: -€103,851-€103,85120202021202220232024-€150,000-€100,000-€50,000€0Operating result 2022: -€65,006-€65,000Net result 2022: -€83,073-€83,100Operating result 2023: €23,095€23,100Net result 2023: -€54-€54Operating result 2024: -€83,092-€83,100Net result 2024: -€103,851-€104,000202220232024
The operating result turns negative in 2024: a loss of €83,092 after €23,095 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €591,878
Fixed assets €335,303 ▲ 1.4%
Current assets €256,575 ▼ 30.4%
Equity and liabilities
Equity-€18,765
Debt€610,644
Equity is negative: debt (€610,644) exceeds the balance-sheet total (€591,878).
Key figures and ratios
2024 value · change against 2023
EBITDA
-€54,252▼
2023 · €89,607
Cash flow
-€75,011▼
2023 · €66,459
Quick ratio
0.44▼
2023 · 0.70
Interest coverage
-2.59▼
2023 · 3.88
Debt ≤ 1 year
€535,122▲
2023 · €507,308
Debt > 1 year
€75,521▼
2023 · €106,771
Income taxes
€131▼
2023 · €164
Staff costs
€430,898▼
2023 · €480,699
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet Code20232024
Assets
Total assets20/58€699,165€591,878▼
Fixed assets21/28€330,736€335,303▲
Tangible fixed assets22/27€85,587€85,154▼
Plant, machinery and equipment23€23,336€23,052▼
Furniture and vehicles24€22,089€19,308▼
Other tangible fixed assets26€40,161€42,795▲
Financial fixed assets28€245,149€250,149▲
Current assets29/58€368,429€256,575▼
Stocks and contracts in progress3€15,645€19,495▲
Stocks30/36€15,645€19,495▲
Amounts receivable within one year40/41€106,797€47,307▼
Trade receivables40€93,492€39,413▼
Other amounts receivable41€13,305€7,894▼
Cash at bank and in hand54/58€230,832€173,893▼
Deferred charges and accrued income490/1€15,155€15,881▲
Equity and liabilities
Total equity and liabilities10/49€699,165€591,878▼
Equity10/15€85,085-€18,765▼
Contributions10/11€175,000€175,000=
Capital10€175,000€175,000=
Issued capital100€175,000€175,000=
Reserves13€387,500€387,500=
Non-distributable reserves130/1€17,500€17,500=
Legal reserve130€17,500€17,500=
Distributable reserves133€370,000€370,000=
Profit (loss) carried forward14-€477,415-€581,265▼
Amounts payable17/49€614,079€610,644▼
Amounts payable after more than one year17€106,771€75,521▼
Financial debts170/4€106,771€75,521▼
Amounts payable within one year42/48€507,308€535,122▲
Current portion of amounts payable after more than one year42€31,250€31,250=
Trade debts44€278,698€282,874▲
Suppliers440/4€278,698€282,874▲
Taxes, remuneration and social security45€73,049€50,856▼
Taxes450/3€4,330€4,438▲
Remuneration and social security454/9€68,719€46,418▼
Other amounts payable47/48€124,311€170,142▲
Accrued charges and deferred income492/3€0-
Income statement Code20232024
Non-recurring operating income76A€413€0▼
Remuneration, social security and pensions62€480,699€430,898▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66,513€28,840▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€42,854€34,864▼
Non-recurring operating charges66A€3,032€0▼
Gross operating margin9900€616,192€411,510▼
Operating profit (loss)9901€23,095-€83,092▼
Financial income75/76B€127€335▲
Recurring financial income75€127€335▲
Financial charges65/66B€23,112€20,964▼
Recurring financial charges65€23,112€20,964▼
Profit (loss) for the period before taxes9903€111-€103,720▼
Income taxes67/77€164€131▼
Profit (loss) for the period9904-€54-€103,851▼
Profit (loss) for the period to be appropriated9905-€54-€103,851▼
Appropriation of the result
Profit (loss) to be appropriated9906-€477,415-€581,265▼
Profit (loss) brought forward from the previous period14P-€477,361-€477,415=
Social balance
Average headcount (FTE)90878.78.6▼

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A--€1,906€413€0▼ 100%
Remuneration, social security and pensions62-€294,349€420,290€480,699€430,898▼ 10.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60,290€58,743€60,497€66,513€28,840▼ 56.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€36,244€0--
Other operating charges640/8-€7,122€43,857€42,854€34,864▼ 18.6%
Non-recurring operating charges66A-€1,420€0€3,032€0▼ 100%
Gross operating margin9900€182,402€359,875€495,882€616,192€411,510▼ 33.2%
Operating profit (loss)9901-€149,295-€1,758-€65,006€23,095-€83,092▼ 460%
Financial income75/76B-€527€866€127€335▲ 163%
Recurring financial income75€106€527€866€127€335▲ 163%
Financial charges65/66B-€12,546€18,393€23,112€20,964▼ 9.3%
Recurring financial charges65€6,639€12,546€18,393€23,112€20,964▼ 9.3%
Profit (loss) for the period before taxes9903-€156,669-€13,778-€82,533€111-€103,720▼ 93,795%
Income taxes67/77€293€347€540€164€131▼ 20.6%
Profit (loss) for the period9904-€156,962-€14,125-€83,073-€54-€103,851▼ 193,255%
Profit (loss) for the period to be appropriated9905-€156,962-€14,125-€83,073-€54-€103,851▼ 193,255%
Line20202021202220232024Change
Assets
Total assets20/58€717,307€794,526€760,929€699,165€591,878▼ 15.3%
Fixed assets21/28€442,117€402,423€378,396€330,736€335,303▲ 1.4%
Tangible fixed assets22/27€196,968€157,274€133,247€85,587€85,154▼ 0.5%
Plant, machinery and equipment23-€21,227€25,367€23,336€23,052▼ 1.2%
Furniture and vehicles24-€22,110€28,474€22,089€19,308▼ 12.6%
Other tangible fixed assets26-€113,937€79,407€40,161€42,795▲ 6.6%
Financial fixed assets28€245,149€245,149€245,149€245,149€250,149▲ 2.0%
Current assets29/58€275,190€392,103€382,533€368,429€256,575▼ 30.4%
Stocks and contracts in progress3€13,310€12,644€17,781€15,645€19,495▲ 24.6%
Stocks30/36-€12,644€17,781€15,645€19,495▲ 24.6%
Amounts receivable within one year40/41€165,005€152,364€110,107€106,797€47,307▼ 55.7%
Trade receivables40-€65,051€80,528€93,492€39,413▼ 57.8%
Other amounts receivable41-€87,313€29,579€13,305€7,894▼ 40.7%
Cash at bank and in hand54/58€84,657€212,145€239,868€230,832€173,893▼ 24.7%
Deferred charges and accrued income490/1-€14,951€14,777€15,155€15,881▲ 4.8%
Equity and liabilities
Total equity and liabilities10/49€717,307€794,526€760,929€699,165€591,878▼ 15.3%
Equity10/15€182,337€168,212€85,139€85,085-€18,765▼ 122%
Contributions10/11€175,000€175,000€175,000€175,000€175,000=
Capital10-€175,000€175,000€175,000€175,000=
Issued capital100-€175,000€175,000€175,000€175,000=
Reserves13€387,500€387,500€387,500€387,500€387,500=
Non-distributable reserves130/1-€17,500€17,500€17,500€17,500=
Legal reserve130-€17,500€17,500€17,500€17,500=
Distributable reserves133-€370,000€370,000€370,000€370,000=
Profit (loss) carried forward14-€380,163-€394,288-€477,361-€477,415-€581,265▼ 21.8%
Amounts payable17/49€534,970€626,314€675,790€614,079€610,644▼ 0.6%
Amounts payable after more than one year17€200,521€172,604€138,021€106,771€75,521▼ 29.3%
Financial debts170/4-€172,604€138,021€106,771€75,521▼ 29.3%
Amounts payable within one year42/48€334,449€452,705€536,262€507,308€535,122▲ 5.5%
Current portion of amounts payable after more than one year42-€71,250€34,583€31,250€31,250=
Trade debts44€288,862€215,908€280,857€278,698€282,874▲ 1.5%
Suppliers440/4-€215,908€280,857€278,698€282,874▲ 1.5%
Taxes, remuneration and social security45-€61,237€86,463€73,049€50,856▼ 30.4%
Taxes450/3-€2,678€7,362€4,330€4,438▲ 2.5%
Remuneration and social security454/9-€58,559€79,102€68,719€46,418▼ 32.5%
Other amounts payable47/48-€104,310€134,358€124,311€170,142▲ 36.9%
Accrued charges and deferred income492/3-€1,005€1,506€0--
Line20202021202220232024Change
Profit (loss) for the period9904-€156,962-€14,125-€83,073-€54-€103,851▼ 193,255%
+ Depreciation and write-downs630€60,290€58,743€60,497€66,513€28,840▼ 56.6%
Operating cash flow (approximation)-€96,671€44,618-€22,576€66,459-€75,011▼ 213%
Investment in fixed assets (approximation)--€19,049-€36,470-€18,852-€33,407▼ 77.2%
Change in cash-€127,487€27,723-€9,036-€56,940▼ 530%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
25-11
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 18-11-2025
25-09
Judicial reorganisation Extension of the stay refused
Ondernemingsrechtbank Brussel · amicable agreement · event 22-09-2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
01-07
Judicial reorganisation Opening
ondernemingsrechtbank Brussel · amicable agreement · event 24-06-2025
2024
22-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
21-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 52 days late
2022
16-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial Weakest financial yearnet -€156,962
Net result drops to -€156,962, the lowest in the series.
28-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
17-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
18-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
09-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 10 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Drogenbos · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
4,964 m²
Building footprint
717 m²
Volume, LiDAR
6,908 m³
Parcel 22001A0006/00E002, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DC Hotel
W.A. Mozartlaan 11, 1620 DrogenbosNACE 55301
since 19952.073.278.097
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22001A0006/00E002 Flanders 4,964 m² 1 · 717 m² 11.9 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator CHARLOTTE PIERS
Groenkraaglaan 3, 1170 Brussel 17
18-11-2025 → present

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Idea's Advise Marketing Development & Coaching 100%
  2. HOTELBOS

Highest known parent: Idea's Advise Marketing Development & Coaching. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Subsidies and aid

Flemish government

2023 · 1 entry · 913 EUR awarded · 913 EUR paid
Year Entries awardedpaid
2023 1 913 EUR913 EUR
Schemes
1 entry · 913 EUR · 913 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Drogenbos2.073.278.097
1 permission
Toelating · Eetgelegenheid · since 01-01-2006

Legal Entity Identifier

699400CB671HCEBB9P27
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 2,392 companies in this sector we hold annual accounts for 1,518. 623 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPublic limited company
Founded04-07-1995
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0455711344
Also 9925:BE0455711344

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.