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Zandhotel

Active
Public limited companyfounded 1982active for 43 years't Zand 13-15, 8000 Brugge, BelgiumKBO/BCE: BE 0423.614.935
Summary

Zandhotel has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €10,800. Equity has been stable since 2018 (±2.4% per year). Its solvency ranks better than 63% of 516 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 11-12-1982 Normal situation
Activity
Hotels and similar accommodation NACE 55100and 1 other
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment unit
2.023.857.488 8000 Brugge, since 14-02-1983
Financial year end
31 December
Peppol
Reachable since 27-03-2026

Board and ownership

Board
  • COMMIS BVDirector

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€870,307
▲ 5.8%
Turnover
≈ €1.7m
estimated
Profit
€10,800
▲ 102%
Equity
€2.0m
▼ 0.1%
Total assets
€4.2m
▼ 0.5%
Employees on 31-12-2025
6
▲ 20.0%
  • 2025 accounts filed 40 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.97, cash €214,575Last filed accounts filed 40 days late; 1 of the last 3 accounts latelowers riskFounded in 1982Equity €2.0m (47.2% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of micro companies in accommodation (NACE 55)
Financial strength · tick: 2024
Strong
Solvency 72=
equity 47.2% of total assets
Liquidity 53-4
short-term debt 15.7% · cash 5.1%
Profitability 69=
return on assets 0.3%
Bankruptcy probability within 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 0.6% (2,521 companies, NACE 55, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 0.2%▼ -0.3 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.4 percentage points vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.3%▼ -0.5 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €170,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.97 (1.36 in 2024), below 1. Short-term debt is 15.7% and cash 5.1% of total assets. 52.8% of the assets are financed with debt and provisions.
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 69% of them on solvency, 65% on liquidity, 58% on profitability and 46% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 1982
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.97, cash €214,575
NBB · annual accounts
raises risk · Last filed accounts filed 40 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Equity €2.0m (47.2% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 40 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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 · 10 filings
Deviation from the deadline
2025
40 days late
2024
29 days late
2023
27 days late
2022
60 days late
2021
122 days late
2020
90 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 70 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 9 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Flemish supportawarded from 2023 to 2025 €77,756 View

Recent changes

  1. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as Zandhotel: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €4.3m and €5.9m, founded between 1978 and 1994.

CompanyTotal assetsGross margin
Zandhotel Brugge€4.2m€0.9m
DELFRAN Koksijde€5.6m€1.3m
RASTELLI HOSPITALITY GROUP Lier€5.9m€0.8m
RAMAN Evergem€4.3m€0.9m
Hospitalité Banneux N.D. Sprimont€4.8m€0.6m
Mezzo Beringen€4.7m€1.3m
HORECA INVEST Westerlo€5.8m€1.2m
Full comparison

Key facts about Zandhotel

What is the company number of Zandhotel?
The company number of Zandhotel is 0423.614.935. The VAT number is the same number with BE in front: BE 0423.614.935.
Where is Zandhotel based?
The registered office is at 't Zand 13-15, 8000 Brugge.Company details
What does Zandhotel do?
According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
What is the legal form of Zandhotel?
The legal form of Zandhotel is Public limited company (NV).
When was Zandhotel founded?
Zandhotel was founded on 11-12-1982.
Is Zandhotel still active?
Yes, Zandhotel is an active enterprise in the KBO register.
How many employees does Zandhotel have?
Zandhotel had an average of 7.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Zandhotel fall under?
In its 2025 annual accounts, Zandhotel states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of Zandhotel?
The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €870,307 and 30 comparable companies (NACE 55). It probably lies between €1.3m and €2.1m.
Is Zandhotel profitable?
In financial year 2025, Zandhotel made a profit of €10,800.
Where can I find the annual accounts of Zandhotel?
Zandhotel filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Zandhotel due?
Zandhotel must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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