Skip to content

Opco 2 Bruges

Active
Public limited companyfounded 2022active for 4 yearsEngelandstraat 2, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0786.977.430
Summary

The computed 12-month bankruptcy probability of Opco 2 Bruges is 5.4% (elevated). The 2025 annual accounts show negative equity (-€7.0m) and a net result of -€2.6m. Equity has been shrinking by about 81% per year since 2022. Its solvency ranks better than 11% of 516 sector peers (NACE 55, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 09-06-2022 Normal situation
Activity
Hotels and similar accommodation NACE 55100
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment units
2.333.975.594 8000 Brugge, since 09-06-2022
2.333.976.188 8000 Brugge, since 09-06-2022
Financial year end
31 December
Peppol
Reachable since 07-01-2026

Board and ownership

Board
Auditor
KPMG Réviseurs d'Entreprises BV/SRL
Shareholders
  • Constance Lux 2annual accounts 2025
  • COVIVIO HOTELSannual accounts 2025

Financial position

36 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.4%
Annual accounts 2025
Turnover
€10.4m
▲ 37.9%
Loss
€2.6m
▼ 4.5%
Equity
-€7.0m
▼ 59.0%
Total assets
€21.7m
▲ 18.7%
Employees on 31-12-2025
75
▼ 8.5%
  • Negative equity on 31-12-2025
Filed on 08-07-2026, 23 days before the deadline
Score breakdownraises risk2 changes of registered office in 24 monthsLoss of €2.6m, the second in a row (financial year 2025)Negative equity -€7.0mlowers riskSize: turnover €10.4m, 73.9 FTE, total assets €21.7mShow the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 30% of medium-sized companies in accommodation (NACE 55)
Financial strength · tick: 2024
Weak
Solvency 0-1
equity -32.3% of total assets
Liquidity 46+1
short-term debt 33.0% · cash 8.0%
Profitability 18+15
return on assets -12.0%
Bankruptcy probability within 12 months
5.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (111 companies, NACE 55, medium-sized)
Last 24 months 12-2024: 1.2% 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025lowest value 04-2025: 4.3%▲ +3.1 percentage points vs 03-2025 05-2025: 4.3%● unchanged vs 04-2025 06-2025: 4.6%▲ +0.3 percentage points vs 05-2025 07-2025: 4.8%▲ +0.2 percentage points vs 06-2025 08-2025: 6.0%▲ +1.2 percentage points vs 07-2025 09-2025: 6.3%▲ +0.3 percentage points vs 08-2025 10-2025: 6.6%▲ +0.3 percentage points vs 09-2025 11-2025: 6.6%● unchanged vs 10-2025 12-2025: 6.6%● unchanged vs 11-2025 01-2026: 6.6%● unchanged vs 12-2025 02-2026: 6.2%▼ -0.4 percentage points vs 01-2026 03-2026: 6.1%▼ -0.1 percentage points vs 02-2026 04-2026: 6.9%▲ +0.8 percentage points vs 03-2026 05-2026: 6.9%● unchanged vs 04-2026 06-2026: 7.2%▲ +0.3 percentage points vs 05-2026 07-2026: 7.5%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 5.3%▼ -2.2 percentage points vs 07-2026 09-2026: 5.3%● unchanged vs 08-2026 10-2026: 5.4%▲ +0.1 percentage points vs 09-2026 11-2026: 5.4%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.3 (0.31 in 2024), below 1. Short-term debt is 33% and cash 8% of total assets. Equity is negative.
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 8% of them on solvency, 40% on liquidity, 18% on profitability and 56% 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: turnover €10.4m, 73.9 FTE, total assets €21.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €2.6m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€7.0m
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€7.0m
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 08-07-2026, 23 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
23 days early
2024
57 days late
2023
47 days early
2022
18 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 1 day 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)
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 29 July (3 of the last 4 accounts filed within 44 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€7.0m View
  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€2.6m View
  • Caution: Lower net result than 95% of companies in accommodationsector median €10,652 · 516 companies -€2.6m View
  • Caution: Equity fell in 2025from -€4.4m to -€7.0m ▼ 59.0% View

Recent changes

  1. · Gazette deed Appointment: KPMG Reviseurs d'Entreprises BV/SRL (statutory auditor)Permanent representative: Melissa Carton
  2. · Gazette deed Registered office moved to Bruxelles
  3. · Gazette deed Permanent representatives: Sébastien Le Compasseur Crequi Montfort de Courtivron and José Pablo Bandala Arceo
All 11 events

Comparable companies

These companies have the same main activity as Opco 2 Bruges: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €11m and €34m, founded between 2015 and 2023.

CompanyTotal assetsTurnover
Opco 2 Bruges Sint-Gillis (bij-Brussel)€21.7m€10.4m
Pandox Holidaystraat Machelen (Brab.)€25.7m€12.7m
Yalo Hotel Gent€22.8m€11.9m
Victoria Hotel Opco Gent€11.0m€14.0m
B&B Hotels Belgium Sint-Gillis (bij-Brussel)€11.0m€30.3m
NAMUR CASINO RESORT Liège€20.7m€6.3m
VAN DER VALK HOTEL LUXEMBOURG Arlon€34.2m€14.1m
Full comparison

Key facts about Opco 2 Bruges

What is the company number of Opco 2 Bruges?
The company number of Opco 2 Bruges is 0786.977.430. The VAT number is the same number with BE in front: BE 0786.977.430.
Where is Opco 2 Bruges based?
The registered office is at Engelandstraat 2, 1060 Sint-Gillis (bij-Brussel).Company details
What does Opco 2 Bruges do?
According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
What is the legal form of Opco 2 Bruges?
The legal form of Opco 2 Bruges is Public limited company (NV).
When was Opco 2 Bruges founded?
Opco 2 Bruges was founded on 09-06-2022.
Is Opco 2 Bruges still active?
Yes, Opco 2 Bruges is an active enterprise in the KBO register.
How many employees does Opco 2 Bruges have?
Opco 2 Bruges had an average of 73.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Opco 2 Bruges fall under?
In its 2025 annual accounts, Opco 2 Bruges states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of Opco 2 Bruges?
The turnover of Opco 2 Bruges was €10.4m in financial year 2025, according to the filed annual accounts.
Is Opco 2 Bruges profitable?
In financial year 2025, Opco 2 Bruges made a loss of €2.6m.
Where can I find the annual accounts of Opco 2 Bruges?
Opco 2 Bruges filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Opco 2 Bruges due?
Opco 2 Bruges must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

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