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HOTELEX

Active
Public limited companyfounded 1974active for 52 yearsSteenweg 440, 9470 Denderleeuw, BelgiumKBO/BCE: BE 0414.420.721
Summary

HOTELEX has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €222,899 and a net result of -€17,229. Equity remains stable across the filed financial years (±1.1% per year). Its solvency ranks better than 80% of 9,122 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
General construction of residential buildings
NACE 41001
#1 oldest company in Denderleeuw, Construction sector1 site
Size
€30,139turnover 2025
Equity
€222,899
Loss
-€17,229
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Accounts 123 days early1 of 5 deeds read
Why 68raises riskSector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 0.52, cash €564, halvedLoss of €17,229, the second in a row (financial year 2025)lowers riskFounded in 1974Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 51% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Strong
Solvency 97-3
equity 71.8% of total assets
Liquidity 39-4
short-term debt 28.2% · cash 0.2%
Profitability 75+70
return on assets -5.5%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,385 companies, NACE 41, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.0%● unchanged vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.1%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.8%▼ -0.3 percentage points vs 10-2025lowest value 12-2025: 0.8%● unchanged vs 11-2025lowest value 01-2026: 0.8%● unchanged vs 12-2025lowest value 02-2026: 0.8%● unchanged vs 01-2026lowest value 03-2026: 0.8%● unchanged vs 02-2026lowest value 04-2026: 0.8%● unchanged vs 03-2026lowest value 05-2026: 0.8%● unchanged vs 04-2026lowest value 06-2026: 0.8%● unchanged vs 05-2026lowest value 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.9%▲ +0.1 percentage points vs 09-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.52, compared with 0.62 in 2024; short-term debt: 28.2% and cash: 0.2% of total assets), and 28.2% of the assets are financed with debt.
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 41, micro): better than 81% on solvency, 35% on liquidity, 51% on profitability and 36% on growth.

The bankruptcy probability was computed on 09-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Liquidity: current ratio 0.52, cash €564, halved
NBB · annual accounts
lowers risk · Founded in 1974
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Loss of €17,229, the second in a row (financial year 2025)
NBB · annual accounts
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 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€17,229
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-09-2025, 123 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
123 days early
2024
141 days early
2023
105 days early
2022
123 days early
2021
124 days early
2020
242 days late
2019
46 days 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 60 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end10-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: André Van Neck (director) and…Resignations: Nadine Van Neck, Patricia…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: 7 loss-making years in a rowloss financial year 2025 -€17,229 View
  • Caution: Among the weakest 10% on net resultsector median €8,458 · 9,116 companies -€17,229 View
  • Caution: Directors leftlatest change 05-12-2025 · 2 in office 3 left View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
  • Active since 1974founded 01-07-1974 52 years View

By topic

Financials

Financial year
2025
Turnover
€30,139
Loss
-€17,229
Solvency
71.8%
Turnover▼ 1.9%
Net result
20202025
Go to Financials

Timeline

Events
50
Since
1979
Next accounts
by 31-01-2027
  1. 18-10-2023Annual accounts filed
  2. 30-09-2022Annual accounts filed
  3. 30-09-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General construction of residential buildingsNACE 41001
Founded
01-07-1974
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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