PARK IZEGEM
ActiveSummary
The annual accounts of PARK IZEGEM for fiscal year 2025 show a net loss of 100% of the equity at the start of that year. The 2025 annual accounts show equity of €50k and a net result of €-11k. Equity is shrinking by ~22.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 25% of 378 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34=
Solvency31▲+5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
short-term debt: 93.7% of total assets, and 93.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.3%
Return on assets
-1.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 378 sector peers (2025).
NBB · sector comparisonPosition among 378 sector peers
Solvency
better than 25%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €50k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 filingsDeviation from the deadline
2025
20 d late
2024
25 d late
2023
10 d late
2022
22 d late
2021
22 d late
2020
25 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-11k▼ 1.2%
2024 · €-11k
2018: €-26k
2019: €-13k
2020: €-10k
2021: €-10k
2022: €-10k
2023: €-11k
2024: €-11k
2018 → 2025
Working capital
Not included in this filing
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€32k▼ 24.4%€22k▼ 32.8%€11k▼ 49.8%€50k▲ 358%
Net result€-10k-€-10k▼ 1.5%€-11k▼ 1.5%€-11k▼ 1.8%€-11k▼ 1.2%
Result per fiscal year
Net result
The net result stays negative: a loss of €11k in 2025 against €11k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €787k
Equity
€50k ▲ 358%
Debt
€737k ▲ 1.5%
Debt's share of the balance-sheet total falls from 98.5% to 93.7%. Equity and debt are higher.
Key figures and ratios
Debt to equity
14.76▼
2024 · 66.55
ROE
-21.9%▲
2024 · -99.2%
ROA
-1.4%▲
2024 · -1.5%
Debt ≤ 1 year
€737k▲
2024 · €726k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 24 lines
Balance sheet
Code20242025
Assets
Total assets20/58€737k€787k▲
Fixed assets21/28€737k€787k▲
Tangible fixed assets22/27€737k€787k▲
Other tangible fixed assets26€737k€787k▲
Equity and liabilities
Total equity and liabilities10/49€737k€787k▲
Equity10/15€11k€50k▲
Contributions10/11€162k€162k=
Capital10€162k€162k=
Issued capital100€162k€162k=
Revaluation surpluses12€110k€160k▲
Reserves13€133€133=
Non-distributable reserves130/1€133€133=
Legal reserve130€133€133=
Profit (loss) carried forward14€-261k€-272k▼
Amounts payable17/49€726k€737k▲
Amounts payable within one year42/48€726k€737k▲
Other amounts payable47/48€726k€737k▲
Income statement
Code20242025
Financial charges65/66B€11k€11k▲
Recurring financial charges65€11k€11k▲
Profit (loss) for the period before taxes9903€-11k€-11k▼
Profit (loss) for the period9904€-11k€-11k▼
Profit (loss) for the period to be appropriated9905€-11k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-261k€-272k▼
Profit (loss) brought forward from the previous period14P€-250k€-261k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 20 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
10-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 10 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 22 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
NBB filing
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2003
Ground area
4,884 m²
Building footprint
569 m²
Volume, LiDAR
7,334 m³
Parcel 36008A0344/00B002, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PARK HOTEL IZEGEM
since 20032.131.900.444
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36008A0344/00B002 | Flanders | 4,884 m² | 1 · 569 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
P & P PROJECTS
BE 0645.741.173
Linter · Eq €50,467
WESTBAY HOTEL
BE 0833.731.727
Middelkerke · Eq €49,298
RENTBYNIGHT
BE 0898.444.682
Brussel · Eq €48,904
STUDIO PARNASSE
BE 0447.728.541
Elsene · Eq €48,459
ORANGERIE DE BLIER
BE 0762.510.169
Erezée · Eq €48,374
Of 2,393 companies in sector 55100 we hold annual accounts for 1,514. 894 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-01-2001
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.