Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
CAMPABEL from Vilvoorde, company number BE0427581245, closed financial year 2025 with a result of € 22,509 after tax. For that financial year CAMPABEL recorded a gross margin of € 1.1 million and equity of € 610,456. Compared with financial year 2024, the result moved from € 135,894 to € 22,509. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 610,456
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,509
▼ 83% vs 2024
Profit after tax over the fiscal year.
€ 6,084
▼ 8% 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 € 547,956.
People and assets in 2025
17.1
▲ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 875,776
▲ 27% vs 2024
€ 51,200 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.
€ 13,668
▲ 72% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 303,754
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 83,344
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 740,967 | € 976,835 | € 997,125 | € 1,087,505 | ▲ 9% |
| Profit after taxes | € 22,705 | € 104,482 | € 135,894 | € 22,509 | ▼ 83% |
| Equity | € 347,572 | € 452,054 | € 587,947 | € 610,456 | ▲ 4% |
| Total debts | € 511,407 | € 620,296 | € 745,536 | € 525,856 | ▼ 29% |
| Cash | € 6,206 | € 2,662 | € 6,613 | € 6,084 | ▼ 8% |
| Land & buildings | € 635,827 | € 638,003 | € 695,286 | € 747,209 | ▲ 7% |
| Retained profit | € 285,072 | € 389,554 | € 525,447 | € 547,956 | ▲ 4% |
| Balance sheet total | € 858,979 | € 1,072,350 | € 1,333,484 | € 1,136,312 | ▼ 15% |
| Employees (FTE) | 13.5 | 14.1 | 14.6 | 17.1 | ▲ 2.5 |
Key figures of CAMPABEL, 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 CAMPABEL?
What happened at CAMPABEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gustav Tscherning stepped down as director. NBB
- François Delattre stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. Source: NBB ↗
- Gustav Tscherning became a director. NBB
- François Delattre became a director. NBB
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,705 profit in 2022 to € 22,509 profit in 2025.
Paid € 18,119 in corporate taxes since 2022.
Best year ever: 2024, with € 135,894 profit.
On average € 63,600 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Louvre Hotels SAS (99.9%) and Envergure Participations SAS (0.1%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Shareholders
Louvre Hotels SAS
99.9%
Envergure Participations SAS
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Luchthavenlaan 2
1800 Vilvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0427.581.245
- VAT number
- BE 0427.581.245
- Registered office
- Luchthavenlaan 2, 1800 Vilvoorde
- Names & denominations
- CAMPABEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 1985
- Peppol
- Active · Active since 5 Jun 2026
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, zonder restaurant
Hotels en motels, met restaurant