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 63 % of short-term debt in 2025; threshold 65 %.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
-
Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NH BELGIUM from Machelen (Brab.), company number BE0464223093, closed financial year 2025 with a result of € 137,032 after tax. For that financial year NH BELGIUM recorded revenue of € 7.9 million and equity of € 107.5 million. Compared with financial year 2024, the result moved from € 18.4 million to € 137,032. 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 June 23, 2026.
€ 107.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 137,032
▼ 99% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 21.3 million.
People and assets in 2025
19.9
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▲ 6% vs 2024
€ 114,500 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.
Debts at end 2025
€ 103.4 million
▲ 64% vs 2024
Loans from banks and other lenders, long and short.
€ 1 million
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 614,758
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 8,249,892 | € 7,532,156 | € 7,865,522 | ▲ 4% |
| Profit after taxes | € 1,496,386 | € 18,425,667 | € 137,032 | ▼ 99% |
| Equity | € 132,753,998 | € 107,351,258 | € 107,488,291 | |
| Total debts | € 121,322,303 | € 70,399,606 | € 113,853,277 | ▲ 62% |
| Land & buildings | € 1,689 | € 1,548 | € 1,408 | ▼ 9% |
| Retained profit | € 46,604,470 | € 21,201,730 | € 21,338,763 | ▲ 1% |
| Dividend | € 0 | € 43,828,407 | € 0 | ▼ 100% |
| Bank debt | € 114,318,001 | € 63,145,934 | € 103,446,904 | ▲ 64% |
| Balance sheet total | € 254,149,687 | € 177,818,341 | € 221,409,965 | ▲ 25% |
| Employees (FTE) | 21 | 20.6 | 19.9 | ▼ 0.7 |
Key figures of NH BELGIUM, fiscal years 2023 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 NH BELGIUM?
What happened at NH BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul Spee stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 137,032 (▼ 99% vs 2024). Source: NBB ↗
- Sander Creemers became a director. NBB
- Martinus Markus stepped down as director. NBB
- Martinus Markus became a director. NBB
- Paul Spee became a director. NBB
- New establishment in Machelen (Brab.). KBO
- Start of the company according to the CBE. KBO
In short
From € 1.5 million profit in 2023 to € 137,032 profit in 2025.
Paid € 822,904 in corporate taxes since 2023.
Best year ever: 2024, with € 18.4 million profit.
Paid out € 43.8 million in dividends to the owners in total.
A new publication or filing at NH BELGIUM? We notify you, reason included.
Follow NH BELGIUMDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind NH BELGIUM is Sander Creemers. The shares are held by KRASNAPOLSKY INTERNATIONAL HOLDING BV (100%). It owns 100% of Immo Hotel Stephanie, 100% of Immo Hotel Mechelen, 100% of Immo Hotel Diegem, 100% of Hotel Exploitatiemaatschappij Diegem, 100% of Immo Hotel GP and 100% of Immo Hotel Brugge itself.
Directors
According to the 2025 annual accounts
Sander Creemers
Managing director
Also active at: HOTEL EXPLOITATIEMAATSCHAPPIJ DIEGEM, IMMO HOTEL MECHELEN, IMMO HOTEL GP, IMMO HOTEL STEPHANIE, IMMO HOTEL DIEGEM, IMMO HOTEL BRUGGE
since 2025
Martinus Markus
Managing director
Also active at: JOLLY HOTELS BELGIO, HOTEL EXPLOITATIEMAATSCHAPPIJ DIEGEM, IMMO HOTEL MECHELEN, IMMO HOTEL GP, IMMO HOTEL BELFORT, IMMO HOTEL STEPHANIE, IMMO HOTEL DIEGEM, IMMO HOTEL BRUGGE
since 2025 · until 2025
Paul Spee
Director
Also active at: JOLLY HOTELS BELGIO, HOTEL EXPLOITATIEMAATSCHAPPIJ DIEGEM, IMMO HOTEL MECHELEN, IMMO HOTEL GP, IMMO HOTEL BELFORT, IMMO HOTEL STEPHANIE, IMMO HOTEL DIEGEM, IMMO HOTEL BRUGGE
since 2021 · until 2027
Shareholders
KRASNAPOLSKY INTERNATIONAL HOLDING BV
100%
Participations
100%
100%
100%
100%
100%
100%
Establishments
Establishment units
Physical locations of this company
De Kleetlaan 14
1831 Machelen (Brab.)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →HOTEL EXPLOITATIEMAATSCHAPPIJ DIEGEM same network
€ 97.4 million revenue · 2025
EXPLOITATIEMAATSCHAPPIJ ANTWERPEN I
IMMO HOTEL MECHELEN same network
€ 26,785 revenue · 2025
IMMO HOTEL GP same network
€ 1.9 million revenue · 2025
IMMO HOTEL BELFORT same network
€ 2.2 million revenue · 2025
+5 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
- 0464.223.093
- VAT number
- BE 0464.223.093
- Registered office
- De Kleetlaan 14, 1831 Machelen (Brab.)
- Names & denominations
- NH BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 1998
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Managementactiviteiten van holdings
Activiteiten van holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Holdings