STRAND HOTEL

Active

Private limited companyfounded 198937 yrs activeZeedijk-De Haan 19, 8420 De Haan, BelgiumKBO/BCE: BE 0437.075.664

STRAND HOTEL has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €676k and a net result of €70k. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 672 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2024

77 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability75▼-9

Solvency72▼-10

Growth78=

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €50k at 30 days acceptable

Liquidity tight (current ratio 1.11 against 1.14 in 2023; short-term debt: 31.9% and cash: 28.5% of total assets), and 53.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

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 →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 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 filings

Deviation from the deadline

2025

46 d late

2024

7 d early

2023

48 d late

2022

18 d early

2021

45 d early

2020

31 d late

2019

90 d late

← before the deadline after the deadline →

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 months

Position in the running window

16-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€676k▲ 11.4%

2023 · €606k

2018: €235k 2019: €176k 2020: €216k 2021: €448k 2022: €479k 2023: €606k

2018 → 2024

Total assets

€1.45M▲ 36.1%

2023 · €1.06M

2018: €1.15M 2019: €907k 2020: €1.03M 2021: €1.25M 2022: €1.28M 2023: €1.06M

2018 → 2024

Net result

€70k▼ 45.4%

2023 · €128k

2018: €-107k 2019: €-59k 2020: €40k 2021: €233k 2022: €31k 2023: €128k

2018 → 2024

Working capital

€51k▼ 16.2%

2023 · €61k

2018: €-195k 2019: €-293k 2020: €-239k 2021: €-185k 2022: €-189k 2023: €61k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€216k-€448k▲ 107%€479k▲ 6.8%€606k▲ 26.6%€676k▲ 11.4%

Operating result€35k-€246k▲ 605%€46k▼ 81.4%€1k▼ 96.9%€102k▲ 7,230%

Net result€40k-€233k▲ 475%€31k▼ 86.6%€128k▲ 311%€70k▼ 45.4%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 7,230% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.44M

64.5%

35.5%

Fixed assets €930k▲ 64.3%

Current assets €512k▲ 4.3%

Equity and liabilities €1.45M

46.7%

53.3%

Equity €676k▲ 11.4%

Debt €770k▲ 69.0%

The debt ratio rises from 42.9% to 53.3%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€196k▲

2023 · €50k

Cash flow

€164k▼

2023 · €177k

Solvency

46.7%▼

2023 · 57.1%

Current ratio

1.11▼

2023 · 1.14

Quick ratio

1.10▼

2023 · 1.13

Debt / equity

1.14▲

2023 · 0.75

ROE

10.4%▼

2023 · 21.2%

ROA

4.8%▼

2023 · 12.1%

Interest coverage

12.43▼

2023 · 14.84

Debt

€770k▲

2023 · €456k

Debt ≤ 1 year

€461k▲

2023 · €430k

Debt > 1 year

€309k▲

2023 · €26k

Income taxes

€18k▲

2023 · €13k

Staff costs

€345k▼

2023 · €417k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€1.06M€1.45M▲

Formation expenses20€5k€4k▼

Fixed assets21/28€566k€930k▲

Intangible fixed assets21-€2k

Tangible fixed assets22/27€560k€922k▲

Land and buildings22€377k€768k▲

Plant, machinery and equipment23€124k€108k▼

Furniture and vehicles24€59k€45k▼

Financial fixed assets28€6k€6k=

Current assets29/58€491k€512k▲

Stocks and contracts in progress3€5k€4k▼

Stocks30/36€5k€4k▼

Amounts receivable within one year40/41€96k€89k▼

Trade receivables40€61k€54k▼

Other amounts receivable41€35k€36k▲

Cash at bank and in hand54/58€376k€412k▲

Deferred charges and accrued income490/1€14k€7k▼

Equity and liabilities

Total equity and liabilities10/49€1.06M€1.45M▲

Equity10/15€606k€676k▲

Contributions10/11€378k€378k=

Reserves13€229k€298k▲

Distributable reserves133€229k€298k▲

Amounts payable17/49€456k€770k▲

Amounts payable after more than one year17€26k€309k▲

Financial debts170/4€26k€309k▲

Amounts payable within one year42/48€430k€461k▲

Current portion of amounts payable after more than one year42€13k€43k▲

Financial debts43€7k€7k=

Credit institutions430/8€7k€7k=

Trade debts44€76k€81k▲

Suppliers440/4€76k€81k▲

Advances received on contracts in progress46€60-

Taxes, remuneration and social security45€55k€46k▼

Taxes450/3€10k€9k▼

Remuneration and social security454/9€45k€37k▼

Other amounts payable47/48€279k€284k▲

Income statement Code20232024

Remuneration, social security and pensions62€417k€345k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€94k▲

Other operating charges640/8€19k€17k▼

Gross operating margin9900€485k€558k▲

Operating profit (loss)9901€1k€102k▲

Financial income75/76B€143k€1k▼

Recurring financial income75€143k€1k▼

Financial charges65/66B€3k€16k▲

Recurring financial charges65€3k€16k▲

Profit (loss) for the period before taxes9903€142k€88k▼

Income taxes67/77€13k€18k▲

Profit (loss) for the period9904€128k€70k▼

Profit (loss) for the period to be appropriated9905€128k€70k▼

Appropriation of the result

Profit (loss) to be appropriated9906€128k€70k▼

Transfer from equity791/2€833€833=

Transfer to equity691/2€128k€70k▼

To other reserves6921€128k€70k▼

Profit to be distributed694/7€833€833=

Return on contributions (dividend)694€833€833=

Social balance

Average headcount (FTE)90876.76.0▼

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

15-09

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 46 days late

2025

24-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

17-09

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 48 days late

2023

31-12

Financial Equity above €500kEq €606k ▲26.6%

4 profitable years in a row build equity to €606k.

13-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

16-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

31-12

Financial Highest result since 2018net €233k ▲475%

Operating result €246k, net result €233k, both a record.

31-08

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 31 days late

2020

31-12

Financial Back to profitnet €40k

Net result €40k after 2 loss-making years.

31-12

Financial Equity above €200kEq €216k ▲23%

Equity rises from €176k to €216k.

29-10

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 90 days late

2019

29-10

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 90 days late

2018

28-09

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 59 days late

2017

26-09

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 57 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, De Haan · 1 establishment unit 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.

Zeedijk-De Haan 198420 De Haan

Ground area

462 m²

Building footprint

382 m²

Volume, LiDAR

2,841 m³

Parcel 35007A0011/00Y015, Flanders · tallest building 15.2 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

STRAND

Zeedijk 19, 8420 De HaanNACE 1513103

since 19892.043.180.185

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35007A0011/00Y015 ProtectedTownscape or village viewDe Haan Concessie: uitbreiding tot hele vroegere ConcessieSource ↗	Flanders	462 m²	1 · 382 m²	15.2 m · 2 fl.