Equity
-€72,435
Debts exceed assets in financial year 2025.
Villa Cecha B&B & Wellness
Lifetime
6 annual accounts with figures on one time axispeak €45,366 (2024)
€13,269▼ 70.8%
lowest -€51,058 (2020)
-€2,667▼ €40,268
peak -€41,058 (2020)
-€72,435▼ €2,667
€276,470▼ 5.9%
Board2 names since 2019
2 directorsHoremans Karel and 1 other
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Gross margin from €45,366 to €13,269Loss of €2,667
Key points
from the 2025 annual accountsChecked score
53
Fair
Financially stronger than 19% of micro companies in accommodation (NACE 55)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 2,522 companies (NACE 55, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.4%
01-2025: 2.3%▼ -0.1 percentage points vs 12-2024
02-2025: 2.3%● unchanged vs 01-2025
03-2025: 2.3%● unchanged vs 02-2025
04-2025: 2.3%● unchanged vs 03-2025
05-2025: 2.4%▲ +0.1 percentage points vs 04-2025
06-2025: 2.4%● unchanged vs 05-2025
07-2025: 2.4%● unchanged vs 06-2025highest value
08-2025: 2.1%▼ -0.3 percentage points vs 07-2025
09-2025: 1.8%▼ -0.3 percentage points vs 08-2025
10-2025: 1.8%● unchanged vs 09-2025
11-2025: 1.8%● unchanged vs 10-2025
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 1.7%▼ -0.1 percentage points vs 12-2025
02-2026: 1.7%● unchanged vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.7%● unchanged vs 03-2026
05-2026: 1.7%● unchanged vs 04-2026
06-2026: 1.7%● unchanged vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 2.4%▲ +0.7 percentage points vs 07-2026
09-2026: 1.4%▼ -1.0 percentage point vs 08-2026lowest value
10-2026: 1.4%● unchanged vs 09-2026lowest value
11-2026: 1.4%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€72,435
Founded in 2019
Loss of €2,667 (financial year 2025)
lowers risk
Size: total assets €204,035
Calculation
The band follows from the bankruptcy probability. 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, micro). It does better than 8% of them on solvency, 7% on liquidity, 21% on profitability and 39% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,564 companies had the same profile as Villa Cecha B&B & Wellness has now. Each dot stands for 4 companies, two years later.
88.9%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Villa Cecha B&B & Wellness itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,564 companies, not a prediction for Villa Cecha B&B & Wellness. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.03 (0.05 in 2024), below 1. Short-term debt is 109.9% and cash 2.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€72,435
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 · 6 filingsDeviation from the deadline
2025
18 days late
2024
8 days early
2023
1 day early
2022
31 days late
2021
13 days early
2020
86 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 19 days after the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
HK
Horemans Karel
Director, since 24-05-2019
SE
Sándor Emese
Director, since 24-05-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0727617982
Incorporation
published on 03-06-2019 · Gazette deed
First establishment
Lavendelstraat 4, Ostend
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Villa Cecha B&B & Wellness Ostend | €204,035 | €13,269 | -35.5% | - |
| SCS ATUATUCA - VIA BELGICA Seraing | €165,184 | €13,585 | -20.1% | - |
| FINES TERRAE Sint-Laureins | €173,096 | €13,723 | 76.0% | - |
| DEZESSE Jabbeke | €149,301 | €20,286 | 35.4% | - |
| Otentik Zuienkerke | €292,674 | €16,833 | 14.2% | - |
| ACR Renting Evergem | €130,529 | €8,170 | -4.1% | - |
| Maison Verre Vue Heuvelland | €395,792 | €17,669 | 17.8% | - |
These companies have the same main activity as Villa Cecha B&B & Wellness: guest rooms (bed and breakfast) (NACE 55204). They are comparable in size and age: total assets between €131,000 and €396,000, founded between 2017 and 2022.
Official details
Source: KBO- Status
- Active since 29-05-2019Normal situation
- Activity
- Guest rooms (bed and breakfast)NACE 55204and 1 other
- Establishment unit
- 2.290.100.7148400 Ostend, since 29-05-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Insights on Villa Cecha B&B & Wellness
Villa Cecha B&B & Wellness files the micro format. That format states no turnover. The gross margin rose from -€14 in 2020 to €13,269 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Villa Cecha B&B & Wellness
- What is the company number of Villa Cecha B&B & Wellness?
- The company number of Villa Cecha B&B & Wellness is 0727.617.982. The VAT number is the same number with BE in front: BE 0727.617.982.
- Where is Villa Cecha B&B & Wellness based?
- The registered office is at Lavendelstraat 4, 8400 Ostend.Company details
- What does Villa Cecha B&B & Wellness do?
- According to the KBO register, the main activity is guest rooms (bed and breakfast) (NACE 55204).
- What is the legal form of Villa Cecha B&B & Wellness?
- Villa Cecha B&B & Wellness is a private limited company (BV).
- When was Villa Cecha B&B & Wellness founded?
- Villa Cecha B&B & Wellness was founded on 29-05-2019.
- Is Villa Cecha B&B & Wellness still active?
- Yes, Villa Cecha B&B & Wellness is an active enterprise in the KBO register.
- How many employees does Villa Cecha B&B & Wellness have?
- Villa Cecha B&B & Wellness had an average of 0.1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of Villa Cecha B&B & Wellness?
- The turnover in financial year 2025 is ≈ €68,000. This figure is estimated from the gross margin of €13,269 and 31 comparable companies (NACE 55). It probably lies between €39,000 and €110,000. It is a rough estimate.
- Is Villa Cecha B&B & Wellness profitable?
- In financial year 2025, Villa Cecha B&B & Wellness made a loss of €2,667.
- Where can I find the annual accounts of Villa Cecha B&B & Wellness?
- Villa Cecha B&B & Wellness filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Villa Cecha B&B & Wellness due?
- Villa Cecha B&B & Wellness must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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