Financials
Financial year 2025
SPA Hotels & Resorts from Eupen, company number BE0421399276, closed financial year 2025 with a result of € 9,429 after tax. For that financial year SPA Hotels & Resorts recorded a gross margin of € 2.3 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 26,463 to € 9,429. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.
€ 1.3 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,429
▼ 64% vs 2024
Profit after tax over the fiscal year.
€ 75,517
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 750,741.
People and assets in 2025
34.4
▼ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 5% vs 2024
€ 51,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 256,295
▼ 9% vs 2024
Of which on lease € 15,840.
Debts at end 2025
€ 3.9 million
▼ 7% vs 2024
€ 444,595 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 590,464
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 630,320
▲ 71% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,736,472 | € 1,874,724 | € 2,272,209 | € 2,335,446 | ▲ 3% |
| Profit after taxes | € 131,036 | € 31,015 | € 26,463 | € 9,429 | ▼ 64% |
| Equity | € 1,182,647 | € 1,206,098 | € 1,315,163 | € 1,307,359 | ▼ 1% |
| Total debts | € 4,627,593 | € 5,831,096 | € 5,379,433 | € 5,725,329 | ▲ 6% |
| Cash | € 56,839 | € 501,163 | € 104,884 | € 75,517 | ▼ 28% |
| Land & buildings | € 1,518,450 | € 1,754,009 | € 1,884,358 | € 2,362,938 | ▲ 25% |
| Retained profit | € 683,834 | € 714,849 | € 741,312 | € 750,741 | ▲ 1% |
| Bank debt | € 3,282,563 | € 4,024,312 | € 4,188,374 | € 3,894,555 | ▼ 7% |
| Balance sheet total | € 5,810,241 | € 7,037,194 | € 6,694,596 | € 7,032,687 | ▲ 5% |
| Employees (FTE) | 31.2 | 30.4 | 36.5 | 34.4 | ▼ 2.1 |
Key figures of SPA Hotels & Resorts, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SPA Hotels & Resorts?
What happened at SPA Hotels & Resorts in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pascale THOMAS stepped down as director. NBB
- Brigitte CRIJNS stepped down as director. NBB
- Pieter Nicholas KLEINGELD stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 9,429 (▼ 64% vs 2024). filed late Source: NBB ↗
- Brigitte CRIJNS became a director. NBB
- Pascale THOMAS became a director. NBB
- Pieter Nicholas KLEINGELD became a director. NBB
- New establishment in Spa. KBO
In short
From € 131,036 profit in 2022 to € 9,429 profit in 2025.
Paid € 9,330 in corporate taxes since 2022.
Best year ever: 2022, with € 131,036 profit.
On average € 67,900 of value added per employee in 2025.
Management
The stake of Organisation Eurotel Spa comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SPA Hotels & ResortsThe shares are held by Organisation Eurotel Spa (98%).
Directors
According to the 2025 annual accounts
since 2022 · until 2028
since 2022 · until 2028
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de l'Eglise 12-1
4700 Eupen
Balmoral 33
4900 Spa
Active since 3 April 1981
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.399.276
- VAT number
- BE 0421.399.276
- Registered office
- Rue de l'Eglise 12-1, 4700 Eupen
- Names & denominations
- SPA Hotels & Resorts
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 1981
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant
Discotheken, dancings en dergelijke