STRAND HOTEL
ActiveSTRAND HOTEL has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €617k and a net result of €299k. Equity is growing by ~24% per year across the filed fiscal years. Its solvency ranks better than 39% of 679 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency17▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.71 in 2024), and 83.4% of the assets are financed with debt.
Credit advice 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
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
16.6%
Return on assets
8%
Age of the figures
8 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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
34 d early
2023
20 d early
2022
13 d early
2021
11 d early
2020
31 d early
2019
14 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€617k▼ 3.3%
2024 · €637k
2018: €94k
2019: €176k
2020: €715
2021: €311k
2022: €452k
2023: €555k
2024: €637k
2018 → 2025
Total assets
€3.71M▼ 8.0%
2024 · €4.03M
2018: €1.40M
2019: €1.73M
2020: €2.02M
2021: €3.57M
2022: €3.60M
2023: €3.77M
2024: €4.03M
2018 → 2025
Net result
€299k▼ 9.3%
2024 · €329k
2018: €83k
2019: €82k
2020: €-175k
2021: €310k
2022: €342k
2023: €353k
2024: €329k
2018 → 2025
Working capital
€-251k▲ 12.4%
2024 · €-286k
2018: €-202k
2019: €-110k
2020: €-93k
2021: €95k
2022: €93k
2023: €115k
2024: €-286k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€311k-€452k▲ 45.6%€555k▲ 22.7%€637k▲ 14.9%€617k▼ 3.3%
Operating result€375k-€401k▲ 7.0%€422k▲ 5.0%€410k▼ 2.7%€392k▼ 4.6%
Net result€310k-€342k▲ 10.2%€353k▲ 3.3%€329k▼ 6.6%€299k▼ 9.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.71M
Fixed assets
€2.95M▼ 11.8%
Current assets
€758k▲ 10.7%
Equity and liabilities €3.71M
Equity
€617k▼ 3.3%
Debt
€3.10M▼ 8.9%
The debt ratio falls from 84.2% to 83.4%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€883k▼
2024 · €891k
Cash flow
€790k▼
2024 · €810k
Solvency
16.6%▲
2024 · 15.8%
Current ratio
0.75▲
2024 · 0.71
Quick ratio
0.69▲
2024 · 0.64
Debt / equity
5.02▼
2024 · 5.33
ROE
48.4%▼
2024 · 51.7%
ROA
8.0%▼
2024 · 8.2%
Interest coverage
15.49▼
2024 · 15.57
Debt
€3.10M▼
2024 · €3.40M
Debt ≤ 1 year
€1.01M▲
2024 · €971k
Debt > 1 year
€2.08M▼
2024 · €2.42M
Income taxes
€38k▲
2024 · €31k
Staff costs
€1.18M▲
2024 · €1.12M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.03M€3.71M▼
Fixed assets21/28€3.35M€2.95M▼
Tangible fixed assets22/27€3.35M€2.95M▼
Land and buildings22€2.08M€1.94M▼
Plant, machinery and equipment23€206k€170k▼
Furniture and vehicles24€262k€220k▼
Other tangible fixed assets26€802k€621k▼
Current assets29/58€685k€758k▲
Stocks and contracts in progress3€64k€66k▲
Stocks30/36€64k€66k▲
Amounts receivable within one year40/41€45k€52k▲
Trade receivables40€3k€3k▼
Other amounts receivable41€42k€49k▲
Current investments50/53-€300k
Cash at bank and in hand54/58€547k€321k▼
Deferred charges and accrued income490/1€29k€20k▼
Equity and liabilities
Total equity and liabilities10/49€4.03M€3.71M▼
Equity10/15€637k€617k▼
Contributions10/11€38k€38k=
Reserves13€700k€679k▼
Distributable reserves133€700k€679k▼
Profit (loss) carried forward14€-100k€-100k=
Amounts payable17/49€3.40M€3.10M▼
Amounts payable after more than one year17€2.42M€2.08M▼
Financial debts170/4€2.42M€2.08M▼
Amounts payable within one year42/48€971k€1.01M▲
Current portion of amounts payable after more than one year42€281k€281k▲
Financial debts43€2k€1k▼
Credit institutions430/8€2k€1k▼
Trade debts44€102k€125k▲
Suppliers440/4€102k€125k▲
Advances received on contracts in progress46€7k€0▼
Taxes, remuneration and social security45€192k€165k▼
Taxes450/3€37k€43k▲
Remuneration and social security454/9€155k€122k▼
Other amounts payable47/48€387k€436k▲
Accrued charges and deferred income492/3€7k€6k▼
Income statement
Code20242025
Non-recurring operating income76A€0€1k▲
Remuneration, social security and pensions62€1.12M€1.18M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€480k€491k▲
Other operating charges640/8€47k€57k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€2.06M€2.12M▲
Operating profit (loss)9901€410k€392k▼
Financial income75/76B€7k€2k▼
Recurring financial income75€7k€2k▼
Financial charges65/66B€57k€57k▼
Recurring financial charges65€57k€57k▼
Profit (loss) for the period before taxes9903€360k€337k▼
Income taxes67/77€31k€38k▲
Profit (loss) for the period9904€329k€299k▼
Profit (loss) for the period to be appropriated9905€329k€299k▼
Appropriation of the result
Profit (loss) to be appropriated9906€229k€199k▼
Profit (loss) brought forward from the previous period14P€-100k€-100k=
Transfer from equity791/2€22k€82k▲
Transfer to equity691/2€104k€61k▼
To other reserves6921€104k€61k▼
Profit to be distributed694/7€247k€320k▲
Return on contributions (dividend)694€22k€82k▲
Directors or managers695€225k€238k▲
Social balance
Average headcount (FTE)908719.921.2▲
The notes to these accounts (23 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €353k ▲3.3%
Operating result €422k, net result €353k, both a record.
31-12
Financial
Equity above €500kEq €555k ▲22.7%
3 profitable years in a row build equity to €555k.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €310k
Net result €310k after one loss-making year.
31-12
Financial
Equity above €200kEq €311k ▲43339%
Equity rises from €715 to €311k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-175k ▼313%
Net result drops to €-175k, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €150kEq €176k ▲87.5%
2 profitable years in a row build equity to €176k.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Oostende · 7 establishment units since 1986
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.
Visserskaai 18400 OostendeGround area
652 m²
Building footprint
583 m²
Volume, LiDAR
8,218 m³
5 parcels, Flanders · tallest building 20.8 m, ±6 floors. Linked by address, not a title deed.
7 establishment units
Brasserie du Bassin
since 19862.028.401.444
Le Bassin Harbour View A3
since 20112.196.622.309
Le Bassin Harbour View B1
since 20112.196.622.408
Hotel du Bassin
since 20202.303.370.413
Paul 1
since 20202.303.370.512
Le bar du Bassin
since 20202.303.370.611
Show 1 more locations
Paul 2
since 20202.303.371.304
5 parcels
Flanders
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A1599/00C004 | Flanders | 253 m² | 1 · 253 m² | 19.6 m · 5 fl. |
| 35013A1599/10D000 | Flanders | 190 m² | 1 · 190 m² | 20.8 m · 5 fl. |
| 35013A1599/00H004 | Flanders | 96 m² | 1 · 68 m² | 20.1 m · 6 fl. |
| 35013A1062/00C000 | Flanders | 73 m² | 1 · 73 m² | 19.4 m · 5 fl. |
| 35013A0620/18_000indicative | Flanders | 41 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 4
4 of 5 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
2022 to 2025 · 5 entries · 25,068 EUR awarded · 24,918 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,887 EUR | 2,737 EUR |
| 2024 | 1 | 7,590 EUR | 7,590 EUR |
| 2023 | 1 | 7,532 EUR | 7,532 EUR |
| 2022 | 1 | 7,059 EUR | 7,059 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostende2.028.401.444
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Of 2,384 companies in sector 55100 we hold annual accounts for 1,507. 1,059 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-11-1985
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
55101Hotels
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.