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Complete company report
Generated 04-09-2026
Active BE 1012.123.041Private limited company

Select Hotels

Walckierstraat 7 ·8660 De Panne, Belgium· 2 yrs active
Sector: Other holiday and short-stay accommodation (55209)
Conclusion Checked

Select Hotels has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.22M and a net result of €-151k. Its solvency ranks better than 94% of 32 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €5.22M
Net result €-151k
Better than sector 94%
Active 2 yrs
Financial profile 4 of 5 axes measured · computed by Checked
Health73Profitability0Solvency100Growth-Stability67
60 / 100

Strong profile, led by solvency.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 73
Profitability 0
Solvency 100
Growth -
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
1.3% Low
0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2025 · computed
73 / 100 Healthy
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€380k
estimate, not credit advice
Score components
Liquidity Current ratio 6.62 (≥ 1.5) +10
Quick ratio Quick ratio 6.62 (≥ 1.0) +5
Leverage Debt/equity 0.20 (< 1.0) +10
Profitability Negatieve ROE -3% -10
Interest coverage Interest coverage 11.6× (≥ 3×) +8
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 31-08-2026 with the NBB · fiscal year 2025 · abbreviated schema
Sector comparison
Fiscal year 2025 · NACE 55, Accommodation · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 83.1% 20.9%
better than 94% of 32 sector peers
Net result €-151k €-1k
better than 13% of 32 sector peers
Equity €5.22M €174k
better than 95% of 32 sector peers
Gross operating margin €555k €459k
better than 52% of 32 sector peers
Total assets €6.29M €1.50M
better than 90% of 32 sector peers
Figures by fiscal year and ratios
Fiscal year2025
Depositabbreviated schema
Revenue-
EBITDA€532k
Net profit€-151k
Cash flow€505k
Staff costs-
Income taxes-
Dividends€208k
Total assets€6.29M
Equity€5.22M
Debt€1.06M
of which ≤ 1y€216k
of which > 1y€848k
Working capital€1.22M
Employees (FTE)-
Ratios (computed)
2025
Current ratio6.62
Quick ratio6.62
Working capital ratio19.3%
Solvency83.1%
Debt / equity0.20
Long-term debt ratio0.16
Interest coverage11.58
Gross margin-
Net margin-
ROA-2.4%
ROE-2.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€6.29M
Fixed assets 21/28€4.85M
Tangible fixed assets 22/27€4.85M
Financial fixed assets 28€2k
Current assets 29/58€1.43M
Amounts receivable within one year 40/41€11k
Investments 50/53€300k
Cash & bank 54/58€179k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€6.29M
Equity 10/15€5.22M
Contributions / capital 10/11€848k
Reserves 13€4.37M
Accumulated profits (losses) 14€0
Amounts payable 17/49€1.06M
Amounts payable after one year 17€848k
Amounts payable within one year 42/48€216k
Trade debts payable within one year 44€407
Income statement
Gross operating margin 9900€555k
Operating result 9901€-125k
Financial income 75€20k
Financial charges 65€46k
Result before taxes 9903€-151k
Net result for the period 9904€-151k
Result to be appropriated 9905€-151k
Legal Structure
NACE primary Other holiday and short-stay accommodation(55209)
Legal form Private limited company(610)
Incorporation01-08-2024
StatusActive
Postal code8660
Establishment units 1 location
Select Hotels
Walckierstraat 7, 8660 De PanneOther holiday and short-stay accommodation
since 20242.363.157.055
Real-estate footprint Source: CBE × cadastre
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38008A0217/00_000 Flanders 238 m² 1 · 305 m² 20.7 m · 6 fl.
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.
Updates 1 events
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
NBB filing
Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount
Company registry (CBE) Crossroads Bank
Activities
Other holiday and short-stay accommodation55209Renting and operating of own or leased non-residential real estate, excluding land68203Other business support services82990
Names & trade names
Legal nameNL Select Hotels
Similar companies Comparable size · 185 of 732 companies in this sector with filed accounts
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De Barkentijn BE 0428.405.448 · Nieuwpoort
Les Grandes Plaines BE 0658.934.262 · Froidchapelle
Roosendael BE 0421.906.844 · Sint-Katelijne-Waver
NARVIK HOMEPARC MOOI ZUTENDAAL BE 0423.853.079 · Zutendaal
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative