PARKHOTEL
ActiveSummary
PARKHOTEL has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.13M and a net result of €47k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 45% of 672 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70=
Solvency47▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity short (current ratio 0.48 against 0.79 in 2023; short-term debt: 29.7% and cash: 3% of total assets), and 77.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22.4%
Return on assets
0.9%
Age of the figures
21 mo
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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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
not confirmed
2024
56 d late
2023
60 d late
2022
68 d late
2021
50 d late
2020
31 d late
2019
44 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.13M▲ 4.3%
2023 · €1.09M
2018: €1.04M
2019: €1.22M
2020: €1.10M
2021: €1.03M
2022: €1.04M
2023: €1.09M
2018 → 2024
Total assets
€5.05M▲ 12.1%
2023 · €4.51M
2018: €5.05M
2019: €4.68M
2020: €4.41M
2021: €4.17M
2022: €3.72M
2023: €4.51M
2018 → 2024
Net result
€47k▲ 4.7%
2023 · €44k
2018: €234k
2019: €183k
2020: €-123k
2021: €-71k
2022: €18k
2023: €44k
2018 → 2024
Working capital
€-775k▼ 142%
2023 · €-320k
2018: €-204k
2019: €-600k
2020: €-492k
2021: €-612k
2022: €-366k
2023: €-320k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.10M-€1.03M▼ 6.5%€1.04M▲ 1.7%€1.09M▲ 4.3%€1.13M▲ 4.3%
Operating result€-49k-€-11k▲ 77.3%€90k€112k▲ 25.3%€164k▲ 46.1%
Net result€-123k-€-71k▲ 42.0%€18k€44k▲ 149%€47k▲ 4.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 46% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.05M
Fixed assets
€4.33M ▲ 30.8%
Current assets
€725k ▼ 39.6%
Equity and liabilities €5.05M
Equity
€1.13M ▲ 4.3%
Debt
€3.92M ▲ 14.5%
Debt's share of the balance-sheet total rises from 75.9% to 77.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€783k▲
2023 · €626k
Cash flow
€666k▲
2023 · €558k
Current ratio
0.48▼
2023 · 0.79
Debt to equity
3.45▲
2023 · 3.15
ROE
4.1%▲
2023 · 4.1%
ROA
0.9%▼
2023 · 1.0%
Interest coverage
6.72▼
2023 · 7.77
Debt ≤ 1 year
€1.50M▼
2023 · €1.52M
Debt > 1 year
€2.42M▲
2023 · €1.90M
Income taxes
€1k▲
2023 · €1k
Staff costs
€731k▲
2023 · €696k
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 · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€4.51M€5.05M▲
Fixed assets21/28€3.31M€4.33M▲
Tangible fixed assets22/27€3.31M€4.33M▲
Land and buildings22€3.08M€4.07M▲
Plant, machinery and equipment23€126k€111k▼
Furniture and vehicles24€107k€144k▲
Financial fixed assets28€500€500=
Current assets29/58€1.20M€725k▼
Amounts receivable within one year40/41€477k€572k▲
Trade receivables40€474k€569k▲
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€723k€153k▼
Equity and liabilities
Total equity and liabilities10/49€4.51M€5.05M▲
Equity10/15€1.09M€1.13M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€140k€140k=
Reserves13€886k€933k▲
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Tax-exempt reserves132€67k€67k=
Distributable reserves133€804k€851k▲
Amounts payable17/49€3.42M€3.92M▲
Amounts payable after more than one year17€1.90M€2.42M▲
Financial debts170/4€1.90M€2.42M▲
Other amounts payable178/9€3k€3k=
Amounts payable within one year42/48€1.52M€1.50M▼
Current portion of amounts payable after more than one year42€375k€492k▲
Trade debts44€99k€275k▲
Suppliers440/4€99k€275k▲
Taxes, remuneration and social security45€131k€112k▼
Taxes450/3€19k€9k▼
Remuneration and social security454/9€112k€103k▼
Other amounts payable47/48€915k€620k▼
Income statement
Code20232024
Remuneration, social security and pensions62€696k€731k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€514k€620k▲
Other operating charges640/8€45k€70k▲
Non-recurring operating charges66A-€27k
Gross operating margin9900€1.37M€1.61M▲
Operating profit (loss)9901€112k€164k▲
Financial income75/76B€14k€524▼
Recurring financial income75€14k€524▼
Financial charges65/66B€81k€117k▲
Recurring financial charges65€81k€117k▲
Profit (loss) for the period before taxes9903€45k€48k▲
Income taxes67/77€1k€1k▲
Profit (loss) for the period9904€44k€47k▲
Profit (loss) for the period to be appropriated9905€44k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€44k€47k▲
Transfer to equity691/2€44k€47k▲
To other reserves6921€44k€47k▲
Social balance
Average headcount (FTE)908721.725.1▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 56 days late
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 60 days late
2023
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 68 days late
2022
31-12
Financial
Back to profitnet €18k
Net result €18k after 2 loss-making years.
19-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 50 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-123k ▼167%
Net result drops to €-123k, the lowest in the series; recovery starts the following year.
13-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 44 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Roeselare · 2 establishment units since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Stationsplein 78800 RoeselareGround area
6,387 m²
Building footprint
1,489 m²
Volume, LiDAR
19,290 m³
3 parcels, Flanders · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
PARKHOTEL
since 19892.044.412.283
PARKHOTEL
since 20142.230.211.528
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36008A0344/00B002 | Flanders | 4,884 m² | 1 · 569 m² | 14.2 m · 4 fl. |
| 36015A0275/00D004 | Flanders | 1,127 m² | 1 · 546 m² | 18.5 m · 5 fl. |
| 36015A0274/00M002 | Flanders | 376 m² | 1 · 374 m² | 17.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 42 EUR awarded · 42 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 42 EUR | 42 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesIzegem2.230.211.528
Roeselare2.044.412.283
Legal Entity Identifier
6994006RKC07CNGUPF66
Similar companies · same sector, comparable size
GRANIT AKKERHAGE
BE 0875.127.367
Gent · Eq €1,133,371
MONSOTEL
BE 0860.065.049
Charleroi · Eq €1,127,761
W. KANT CONSTRUCTIES
BE 0418.268.750
Temse · Eq €1,148,208
FLANDERS HOTEL
BE 0467.280.771
Brugge · Eq €1,153,086
EUROP SERVICES
BE 0441.889.240
Oostende · Eq €1,157,563
Of 2,394 companies in sector 55100 we hold annual accounts for 1,517. 943 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
Founded07-06-1989
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.