PUREO
ActiveSummary
PUREO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €257,069 and a net result of €177,321. Equity is growing by ~75.3% per year across the filed fiscal years. Its solvency ranks better than 48% of 697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▼-10
Solvency49▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity short (current ratio 0.7 against 1.59 in 2024; short-term debt: 36.5% and cash: 21% of total assets), and 75.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
24.4%
Return on assets
16.8%
Age of the figures
9 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
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 03-07-2026, 28 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
28 d early
2024
14 d early
2023
on the day
2022
25 d early
2021
61 d late
2020
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€257,069▼ 43.5%
2024 · €454,748
Total assets
€1.1m▼ 17.9%
2024 · €1.3m
Net result
€177,321▼ 44.4%
2024 · €319,171
Working capital
-€117,253
2024 · €164,425
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€107,805▲ 50.2%€149,101€173,714▲ 16.5%€373,499▲ 115%€260,577▼ 30.2%
Net result-€126,954below the sector's middle half▲ 48.8%€114,804above the sector's middle half€125,571above the sector's middle half▲ 9.4%€319,171above the sector's middle half▲ 154%€177,321above the sector's middle half▼ 44.4%
Equity-€104,798below the sector's middle half€10,005within the sector's middle half€135,577within the sector's middle half▲ 1,255%€454,748within the sector's middle half▲ 235%€257,069within the sector's middle half▼ 43.5%
Total assets€987,143above the sector's middle half▼ 5.1%€1.1mabove the sector's middle half▲ 12.8%€1.2mabove the sector's middle half▲ 5.3%€1.3mwithin the sector's middle half▲ 9.4%€1.1mwithin the sector's middle half▼ 17.9%
Debt€1.1m▲ 7.3%€1.1m▲ 1.1%€1.0m▼ 6.0%€829,067▼ 20.1%€797,046▼ 3.9%
Working capital-€257,524▼ 42.0%-€94,732▲ 63.2%-€49,512▲ 47.7%€164,425-€117,253
Solvency-10.6%below the sector's middle half▼ 12.7pp0.9%within the sector's middle half▲ 11.5pp11.6%within the sector's middle half▲ 10.7pp35.4%within the sector's middle half▲ 23.9pp24.4%within the sector's middle half▼ 11.0pp
Staff (FTE)3.8▲ 8.6%4.5▲ 18.4%4.2▼ 6.7%3.8within the sector's middle half▼ 9.5%4within the sector's middle half▲ 5.3%
above
within
below
the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Net result +154% on 2023. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€786,444 ▼ 6.7%
Current assets
€267,671 ▼ 39.3%
Equity and liabilities €1.1m
Equity
€257,069 ▼ 43.5%
Debt
€797,046 ▼ 3.9%
Debt's share of the balance-sheet total rises from 64.6% to 75.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€422,291▼
2024 · €531,704
Cash flow
€339,036▼
2024 · €477,377
Current ratio
0.70▼
2024 · 1.59
Debt to equity
3.10▲
2024 · 1.82
ROE
69.0%▼
2024 · 70.2%
ROA
16.8%▼
2024 · 24.9%
Interest coverage
8.01▼
2024 · 9.17
Debt ≤ 1 year
€384,924▲
2024 · €276,553
Debt > 1 year
€381,127▼
2024 · €532,144
Income taxes
€32,374
Staff costs
€209,553▲
2024 · €179,111
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,703 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €73,659 | €155,807 | €173,620 | €179,111 | €209,553 | ▲ 17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €120,523 | €133,610 | €147,789 | €158,206 | €161,714 | ▲ 2.2% |
| Other operating charges640/8 | €18,493 | €32,327 | €42,723 | €48,990 | €45,911 | ▼ 6.3% |
| Gross operating margin9900 | €104,871 | €470,846 | €537,847 | €759,805 | €677,754 | ▼ 10.8% |
| Operating profit (loss)9901 | -€107,805 | €149,101 | €173,714 | €373,499 | €260,577 | ▼ 30.2% |
| Financial income75/76B | €2 | €5 | €211 | €3,638 | €1,808 | ▼ 50.3% |
| Recurring financial income75 | €2 | €5 | €211 | €3,638 | €1,808 | ▼ 50.3% |
| Financial charges65/66B | €19,150 | €34,303 | €48,354 | €57,965 | €52,689 | ▼ 9.1% |
| Recurring financial charges65 | €19,150 | €34,303 | €48,354 | €57,965 | €52,689 | ▼ 9.1% |
| Profit (loss) for the period before taxes9903 | -€126,954 | €114,804 | €125,571 | €319,171 | €209,696 | ▼ 34.3% |
| Income taxes67/77 | - | - | - | - | €32,374 | - |
| Profit (loss) for the period9904 | -€126,954 | €114,804 | €125,571 | €319,171 | €177,321 | ▼ 44.4% |
| Profit (loss) for the period to be appropriated9905 | -€126,954 | €114,804 | €125,571 | €319,171 | €177,321 | ▼ 44.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €987,143 | €1.1m | €1.2m | €1.3m | €1.1m | ▼ 17.9% |
| Formation expenses20 | €824 | €524 | €224 | €0 | - | - |
| Fixed assets21/28 | €955,049 | €943,650 | €922,519 | €842,837 | €786,444 | ▼ 6.7% |
| Intangible fixed assets21 | €94,913 | €82,353 | €69,793 | €57,233 | €44,975 | ▼ 21.4% |
| Tangible fixed assets22/27 | €860,136 | €861,297 | €852,486 | €785,364 | €741,229 | ▼ 5.6% |
| Plant, machinery and equipment23 | €454,397 | €411,888 | €348,146 | €288,210 | €235,961 | ▼ 18.1% |
| Furniture and vehicles24 | €17,204 | €24,901 | €23,012 | €26,061 | €18,208 | ▼ 30.1% |
| Other tangible fixed assets26 | €388,534 | €424,508 | €481,328 | €471,093 | €487,060 | ▲ 3.4% |
| Financial fixed assets28 | - | - | €240 | €240 | €240 | = |
| Current assets29/58 | €31,271 | €169,778 | €250,563 | €440,979 | €267,671 | ▼ 39.3% |
| Stocks and contracts in progress3 | €350 | €350 | €0 | - | - | - |
| Stocks30/36 | €350 | €350 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €7,463 | €4,373 | €27,936 | €8,840 | €42,995 | ▲ 386% |
| Trade receivables40 | €7,060 | €2,795 | €27,343 | €6,289 | €2,906 | ▼ 53.8% |
| Other amounts receivable41 | €404 | €1,577 | €593 | €2,551 | €40,089 | ▲ 1,472% |
| Current investments50/53 | - | - | €50,000 | €51,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €19,337 | €161,153 | €167,082 | €374,314 | €221,754 | ▼ 40.8% |
| Deferred charges and accrued income490/1 | €4,120 | €3,902 | €5,546 | €6,824 | €2,922 | ▼ 57.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €987,143 | €1.1m | €1.2m | €1.3m | €1.1m | ▼ 17.9% |
| Equity10/15 | -€104,798 | €10,005 | €135,577 | €454,748 | €257,069 | ▼ 43.5% |
| Contributions10/11 | €270,000 | €270,000 | €270,000 | €270,000 | €150,000 | ▼ 44.4% |
| Reserves13 | - | - | - | €184,748 | €107,069 | ▼ 42.0% |
| Distributable reserves133 | - | - | - | €184,748 | €107,069 | ▼ 42.0% |
| Profit (loss) carried forward14 | -€374,798 | -€259,995 | -€134,423 | €0 | €0 | - |
| Amounts payable17/49 | €1.1m | €1.1m | €1.0m | €829,067 | €797,046 | ▼ 3.9% |
| Amounts payable after more than one year17 | €792,773 | €821,757 | €703,072 | €532,144 | €381,127 | ▼ 28.4% |
| Financial debts170/4 | €792,773 | €821,757 | €703,072 | €532,144 | €381,127 | ▼ 28.4% |
| Amounts payable within one year42/48 | €288,794 | €264,510 | €300,076 | €276,553 | €384,924 | ▲ 39.2% |
| Current portion of amounts payable after more than one year42 | €65,588 | €116,511 | €118,684 | €122,954 | €98,142 | ▼ 20.2% |
| Financial debts43 | €150,000 | €0 | - | - | - | - |
| Credit institutions430/8 | €150,000 | €0 | - | - | - | - |
| Trade debts44 | €54,939 | €105,337 | €57,875 | €92,776 | €40,058 | ▼ 56.8% |
| Suppliers440/4 | €54,939 | €105,337 | €57,875 | €92,776 | €40,058 | ▼ 56.8% |
| Advances received on contracts in progress46 | €1,492 | €15,816 | €100,877 | €38,693 | €35,578 | ▼ 8.1% |
| Taxes, remuneration and social security45 | €16,775 | €26,846 | €22,640 | €20,650 | €36,146 | ▲ 75.0% |
| Taxes450/3 | €3,815 | €2,852 | €1,542 | €4,789 | €7,265 | ▲ 51.7% |
| Remuneration and social security454/9 | €12,960 | €23,993 | €21,097 | €15,862 | €28,881 | ▲ 82.1% |
| Other amounts payable47/48 | - | - | - | €1,480 | €175,000 | ▲ 11,724% |
| Accrued charges and deferred income492/3 | €10,375 | €17,680 | €34,582 | €20,370 | €30,995 | ▲ 52.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€126,954 | €114,804 | €125,571 | €319,171 | €177,321 | ▼ 44.4% |
| + Depreciation and write-downs630 | €120,523 | €133,610 | €147,789 | €158,206 | €161,714 | ▲ 2.2% |
| Operating cash flow (approximation) | -€6,431 | €248,414 | €273,360 | €477,377 | €339,036 | ▼ 29.0% |
| Investment in fixed assets (approximation) | - | -€122,211 | -€126,658 | -€78,523 | -€105,322 | ▼ 34.1% |
| Change in cash | - | €141,816 | €5,929 | €207,233 | -€152,561 | ▼ 174% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2020net €319,171 ▲154%
Operating result €373,499, net result €319,171, both a record.
31-12
Financial
Equity above €200,000Eq €454,748 ▲235%
3 profitable years in a row build equity to €454,748.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100,000Eq €135,577 ▲1,255%
2 profitable years in a row build equity to €135,577.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €114,804
Net result €114,804 after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Brugge · 1 establishment unit since 2019
Ground area
376 m²
Building footprint
177 m²
Volume, LiDAR
2,477 m³
Parcel 31805E0573/00A000, Flanders · tallest building 16.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Hotel Europ
since 20192.294.793.138
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31805E0573/00A000 | Flanders | 376 m² | 1 · 177 m² | 16.0 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
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Of 2,393 companies in sector 55100 we hold annual accounts for 1,515. 1,116 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0735452713
Also
9925:BE0735452713
Registered
16-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.