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Select Hotels

Active
Private limited companyfounded 2024active for 2 yearsWalckierstraat 7, 8660 De Panne, BelgiumKBO/BCE: BE 1012.123.041
Summary

Select Hotels has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.2m and a net result of -€151,111. Its solvency ranks better than 91% of 880 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
Select HotelsActiveChecked score 88/100
Risk analysis ReportCompare

Overview

Activity
Other holiday and short-stay accommodation
NACE 55209
Largest company by equity in De Panne, Accommodation and food service sector1 site
Size
€6.3mtotal assets 2025
Equity
€5.2m
Loss
-€151,111
Turnover not published (abbreviated format)
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
B & D SERVICES · 50.16%
Board
4 members
Holdings
1
2025 accounts filed 31 days late
Why 88raises riskFounded in 2024Liquidity: current ratio 6.62, cash €179,150lowers riskSize: total assets €6.3mFigures for financial year 2025 (filed 01-09-2026)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 73% of its sector peers (NACE 55, small)
Every signal that counts is listed under Signals.
Financial strength
Strong
Solvency 100
equity 83.1% of total assets
Liquidity 54
short-term debt 3.4% · cash 2.9%
Profitability 66
return on assets -2.4%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (579 companies, NACE 55, small)
Last 24 months 09-2025: 1.6% 10-2025: 1.7%▲ +0.1 percentage points vs 09-2025 11-2025: 2.0%▲ +0.3 percentage points vs 10-2025 12-2025: 2.1%▲ +0.1 percentage points vs 11-2025 01-2026: 2.4%▲ +0.3 percentage points vs 12-2025 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.6%▲ +0.2 percentage points vs 02-2026 04-2026: 2.7%▲ +0.1 percentage points vs 03-2026 05-2026: 2.5%▼ -0.2 percentage points vs 04-2026 06-2026: 2.6%▲ +0.1 percentage points vs 05-2026 07-2026: 2.9%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 2.9%● unchanged vs 07-2026highest value 09-2026: 0.3%▼ -2.6 percentage points vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €450,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 6.62, above the usual 1.5; short-term debt: 3.4% and cash: 2.9% of total assets), and 16.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, small): better than 94% on solvency, 69% on liquidity and 56% on profitability.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €6.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 6.62, cash €179,150
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 01-09-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. IncorporationAppointments: DECONINCK Xandra, BEUN Matthias…

Key points

  • Positive: Largest company by equity in De Panne, Accommodation and food service sectorin the Checked rankings No. 1 View
  • Controlled by B & D SERVICES 50.16% View
  • Board4 directors in office 4 View

By topic

Financials

Financial year
2025
Total assets
€6.3m
Loss
-€151,111
Solvency
83.1%
Go to Financials

Board & ownership

Board
4 members
Parent
B & D SERVICES · 50.16%
  • BEUN Matthias Paul LutgerDirector
  • DECONINCK VincentDirector
  • DECONINCK XandraDirector
  • NEVENS DinaDirector
Go to Board & ownership

Company details

Sites
1
Legal form
Private limited company
Activity
Other holiday and short-stay accommodationNACE 55209
Founded
01-08-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Select Hotels

What is the company number of Select Hotels?
1012.123.041. In Belgium the VAT number is the company number with BE in front: BE 1012.123.041.
Where is Select Hotels based?
The registered office is at Walckierstraat 7, 8660 De Panne.Company details
What does Select Hotels do?
According to the KBO register, the main activity is other holiday and short-stay accommodation (NACE 55209).
What is the legal form of Select Hotels?
Private limited company (BV).
When was Select Hotels founded?
On 01-08-2024.
Is Select Hotels still active?
Yes, Select Hotels is an active enterprise in the KBO register.
What is the turnover of Select Hotels?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Select Hotels profitable?
In financial year 2025, Select Hotels made a loss of €151,111.
Where can I find the annual accounts of Select Hotels?
Select Hotels filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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