Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 33.7 to 29.6.
Financials
Financial year 2025
ASHG Antwerp Centre from Gent, company number BE0426762782, closed financial year 2025 with a result of € -864,028 after tax. For that financial year ASHG Antwerp Centre recorded revenue of € 4 million and equity of € -1.9 million. Compared with financial year 2024, the result moved from € -1.6 million to € -864,028. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ -1.9 million
▼ € 864,028 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -864,028
▲ 47 % less loss than in 2024
Profit after tax over the fiscal year.
€ 30,752
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.1 million.
People and assets in 2025
29.6
▼ 3.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▼ 6% vs 2024
€ 55,800 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.
€ 48,927
▲ 281% vs 2024
Of which on lease € 4,587.
Debts at end 2025
€ 11.8 million
▲ 5% vs 2024
€ 64,784 is repaid this year. At this pace the long-term loan is gone in ≈ 182 years.
€ 281,873
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 48 days on average.
€ 197,596
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,577,975 | € 4,108,655 | € 4,478,715 | € 3,975,070 | ▼ 11% |
| Profit after taxes | € -408,861 | € -645,958 | € -1,617,066 | € -864,028 | ▲ € 753,038 |
| Equity | € 1,195,149 | € 549,190 | € -1,067,876 | € -1,931,904 | ▼ € 864,028 |
| Total debts | € 11,979,120 | € 12,129,786 | € 13,260,166 | € 12,763,536 | ▼ 4% |
| Cash | € 481,831 | € 154,837 | € 78,993 | € 30,752 | ▼ 61% |
| Land & buildings | € 6,690,542 | € 6,171,702 | € 5,663,586 | € 5,943,716 | ▲ 5% |
| Retained profit | € -1,954,851 | € -2,600,810 | € -4,217,876 | € -5,081,904 | ▼ € 864,028 |
| Bank debt | € 10,979,172 | € 10,986,882 | € 11,196,095 | € 11,786,477 | ▲ 5% |
| Balance sheet total | € 13,174,268 | € 12,678,976 | € 12,192,290 | € 10,831,632 | ▼ 11% |
| Employees (FTE) | 29.1 | 33.7 | 33.1 | 29.6 | ▼ 3.5 |
Key figures of ASHG Antwerp Centre, 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 ASHG Antwerp Centre?
What happened at ASHG Antwerp Centre in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- André Guettouche stepped down as director. NBB
- Steven Lewerenz stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 864,028. Source: NBB ↗
- André Guettouche became a director. NBB
- Steven Lewerenz became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 408,861 loss in 2022 to € 864,028 loss in 2025.
Paid € 2,160 in corporate taxes since 2022.
Pays suppliers within 48 days on average.
Management
The shares are held by ASHG Belgium BV (100%). It owns 97% of ASHG Antwerp Park itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2030
since 2024 · until 2030
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Maaltekouter 3
9051 Gent
Quinten Matsijslei 25
2018 Antwerpen
Active since 7 October 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
PROXIMUS-ISP-AS, BE
Domain
Domain
ihg.com
Registered
1998-05-04
Registrar
MarkMonitor, Inc.
Expires
2026-05-03
Website info
Features
Security
Network
Details
- Company number
- 0426.762.782
- VAT number
- BE 0426.762.782
- Registered office
- Maaltekouter 3, 9051 Gent
- Names & denominations
- ASHG Antwerp Centre
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 1985
- Peppol
- Active · Active since 9 Sept 2025
- Contact
- ihg.com
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant