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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
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Busy address KBO
58 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
IMMOBILIERE DU PARK HOTEL from Ukkel, company number BE0447704686, closed financial year 2024 with a result of € 1.5 million after tax. For that financial year IMMOBILIERE DU PARK HOTEL recorded a gross margin of € 60,325 and equity of € -2.1 million. Compared with financial year 2023, the result moved from € -1.2 million to € 1.5 million. Profitable, and profit is growing. 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 December 22, 2025.
€ -2.1 million
▲ € 1.5 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▲ still € 1.2 million loss in 2023
Profit after tax over the fiscal year.
€ 460
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -2.6 million.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2024
€ 7.3 million
▲ 1% vs 2023
Loans from banks and other lenders, long and short.
€ 102,280
▲ 69% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 129,695
▲ 17% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 348,694 | € 243,738 | € 72,000 | - | |
| Gross margin | - | - | - | € 60,325 | |
| Profit after taxes | € -1,085,748 | € -2,132,302 | € -1,248,073 | € 1,510,980 | ▲ € 2.8 million |
| Equity | € -230,411 | € -2,362,714 | € -3,610,787 | € -2,099,807 | ▲ € 1.5 million |
| Total debts | € 9,218,776 | € 9,300,000 | € 9,762,416 | € 11,028,752 | ▲ 13% |
| Cash | € 71,912 | € 0 | - | € 460 | |
| Land & buildings | € 790,831 | € 731,695 | € 674,169 | € 620,143 | ▼ 8% |
| Retained profit | € -730,411 | € -2,862,714 | € -4,110,787 | € -2,599,807 | ▲ € 1.5 million |
| Bank debt | € 9,140,000 | € 9,187,630 | € 7,187,716 | € 7,293,663 | ▲ 1% |
| Balance sheet total | € 9,023,364 | € 6,937,286 | € 6,151,629 | € 8,928,945 | ▲ 45% |
Key figures of IMMOBILIERE DU PARK HOTEL, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to IMMOBILIERE DU PARK HOTEL?
What happened at IMMOBILIERE DU PARK HOTEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
IMMOBILIERE DU PARK HOTEL is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 1.5 million. filed late Source: NBB ↗
- MANAGEMENT GESTION & SERVICES 'M.G.S.' Société à responsabilité limitée became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million loss in 2021 to € 1.5 million profit in 2024.
Paid € 47,957 in corporate taxes since 2021.
Best year ever: 2024, with € 1.5 million profit.
Management
The stake of SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMOBILIERE DU PARK HOTELBehind IMMOBILIERE DU PARK HOTEL is MANAGEMENT GESTION & SERVICES 'M.G.S.' Société à responsabilité limitée. The shares are held by SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE (100%). It owns 11.7% of SOFONA itself.
Directors
According to the 2024 annual accounts
MANAGEMENT GESTION & SERVICES 'M.G.S.' Société à responsabilité limitée
Director · represented by Gérald HIBERT
Also active at: Immobilière de la Toison d'Or, Société d'Etudes et de Réalisations de la Galerie Louise, SOFONA, Immobilière Cordier, AGRIFOR, SINACO, IMMOBILIERE CHAMBERY, FAVOS +35 more
since 2022
Shareholders
Participations
11.7%
Establishments
Establishment units
Physical locations of this company
Waterloosesteenweg 1135
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.
All companies at this address →Immobilière de la Toison d'Or same network
€ 1.4 million revenue · 2024
Société d'Etudes et de Réalisations de la Galerie Louise same network
€ 254,653 revenue · 2024
SOFONA same network
€ 2.4 million revenue · 2024
Immobilière Cordier same network
€ 99,592 gross margin · 2024
AGRIFOR same network
€ 652,273 gross margin · 2024
+53 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.704.686
- VAT number
- BE 0447.704.686
- Registered office
- Waterloosesteenweg 1135, 1180 Ukkel
- Names & denominations
- IMMOBILIERE DU PARK HOTEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 12 June 1992
- Peppol
- Active · Active since 11 Jan 2026
- Activities · NACE
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