Equity
-€2.4m
Debts exceed assets in financial year 2025.
Idola
Lifetime
3 annual accounts with figures on one time axispeak -€40,212 (2025)
-€40,212▲ €18,858
lowest -€1.0m (2024)
-€705,342▲ €309,767
peak -€667,428 (2023)
-€2.4m▼ €705,342
€13.7m▲ 14.0%
Board2 names since 2023
2 directorsMYNY Pieter and 1 other
Owners2 names in the annual accounts
80%CORE+
Documentsfilings and deeds
15-07-202616 days before the deadline
2025financial year
Gross margin from -€59,070 to -€40,212Loss of €705,342Equity from -€1.7m to -€2.4mInvestments €1.2mCash from €144,918 to €0
Key points
from the 2025 annual accountsLosses
-€2.5m in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€13.7m 121% of the balance sheet
Financial debts 92%Suppliers 1%Other 7%
€12.6m of the debts are secured on the company's own assets. In 2023 that was €10.3m.
Investments
€1.2m 26.4 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 11.0% higher than in 2024.
At the same address
22 companies
Position in the sector
-€2.4m
Less equity than 94% of companies in accommodation. Sector median €854,422 · 518 companies.
Checked score
54
Fair
Financially stronger than 25% of medium-sized companies in accommodation (NACE 55)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 111 companies (NACE 55, medium-sized).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.4%▲ +0.1 percentage points vs 02-2025
04-2025: 1.4%● unchanged vs 03-2025
05-2025: 1.4%● unchanged vs 04-2025
06-2025: 1.4%● unchanged vs 05-2025
07-2025: 1.4%● unchanged vs 06-2025
08-2025: 0.6%▼ -0.8 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.5%▼ -0.1 percentage points vs 12-2025lowest value
02-2026: 0.5%● unchanged vs 01-2026lowest value
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.7%▲ +0.1 percentage points vs 05-2026
07-2026: 0.8%▲ +0.1 percentage points vs 06-2026
08-2026: 1.4%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 1.4%● unchanged vs 08-2026highest value
10-2026: 1.4%● unchanged vs 09-2026highest value
11-2026: 1.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Liquidity: current ratio 0.01, cash €0, halved
Negative equity -€2.4m
Founded in 2023
lowers risk
Size: total assets €11.4m
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, medium-sized). It does better than 19% of them on solvency, 51% on liquidity, 12% on profitability and 17% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 473 companies had the same profile as Idola has now. Each dot is one company, two years later.
95.3%
were still trading
2.7%
stopped another way
1.5%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Idola itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 473 companies, not a prediction for Idola. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.01 (0.19 in 2024), below 1. Short-term debt is 9.5% and cash 0% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€2.4m
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 15-07-2026, 16 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
16 days early
2024
22 days early
2023
13 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 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)
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 15 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- CORE+ 80%score 69equity €7.5m (2025) · 2025 annual accounts of CORE+
- Apello 20%score 52equity €7,958 (2025) · 2024 annual accounts of Apello
Recent changes
Incorporation
Founding capital of €100,000, 1,000 shares · Founder: CORE+ · Appointments: MYNY Pieter (director) and MÉAN Laurent (director) · published on 06-04-2023 · Gazette deed
First establishment
Naamsestraat 9, Leuven
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Idola Leuven | €11.4m | -€0.04m | -21.0% | - |
| Le Relais d'Orti Sainte-Ode | €7.3m | -€0.07m | -9.6% | - |
| HOTEL KEMPEN Geel | €6.5m | -€0.05m | 6.7% | - |
| LES BAINS DE SPA Spa | €6.7m | -€2.1m | 63.4% | 24.1 |
| BORGOUMONT Dison | €5.9m | -€0.03m | 69.1% | 1 |
| STALINGRAD 7 Uccle | €5.7m | -€0.02m | -7.0% | - |
| VERLAINE Charleroi | €16.8m | -€0.009m | 95.2% | 0 |
These companies have the same main activity as Idola: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €5.7m and €17m, founded between 2019 and 2024.
Official details
Source: KBO- Status
- Active since 04-04-2023Normal situation
- Registered office
- 23 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Hotels and similar accommodationNACE 55100and 1 other
- Establishment unit
- 2.344.855.2343000 Leuven, since 04-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €11.4m▲ 9.4%
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Companies linked to Idola
Parent and group
Insights on Idola
Idola has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2.4m) and a net result of -€705,342.
Equity has been shrinking by about 51% per year since 2023. Its solvency ranks better than 14% of 518 sector peers (NACE 55, financial year 2025).
The computed 12-month bankruptcy probability is 1.4% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Idola
- What is the company number of Idola?
- The company number of Idola is 0800.410.643. The VAT number is the same number with BE in front: BE 0800.410.643.
- Where is Idola based?
- The registered office is at Naamsestraat 9, 3000 Leuven.Company details
- What does Idola do?
- According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
- What is the legal form of Idola?
- Idola is a public limited company (NV).
- When was Idola founded?
- Idola was founded on 04-04-2023.
- Is Idola still active?
- Yes, Idola is an active enterprise in the KBO register.
- What is the turnover of Idola?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is Idola profitable?
- In financial year 2025, Idola made a loss of €705,342.
- Where can I find the annual accounts of Idola?
- Idola filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Idola due?
- Idola must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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