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 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HOTEL CORDOEANIER from Brugge, company number BE0477186946, closed financial year 2025 with a result of € -3,687 after tax. For that financial year HOTEL CORDOEANIER recorded a gross margin of € 736,906 and equity of € 312,799. Compared with financial year 2024, the result moved from € 51,033 to € -3,687. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 16, 2026.
€ 312,799
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,687
▼ still € 51,033 profit in 2024
Profit after tax over the fiscal year.
€ 198,101
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 287,799.
People and assets in 2025
12.2
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 643,766
▲ 18% vs 2024
€ 52,800 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.
€ 17,381
▲ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 358,989
▲ € 308,269 vs 2024
€ 42,819 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 120,960
▲ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 95,209
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 639,253 | € 832,465 | € 725,555 | € 736,906 | ▲ 2% |
| Profit after taxes | € 188,342 | € 134,083 | € 51,033 | € -3,687 | ▼ € 54,720 |
| Equity | € 281,369 | € 265,452 | € 316,485 | € 312,799 | ▼ 1% |
| Total debts | € 299,067 | € 449,820 | € 244,626 | € 845,250 | ▲ 246% |
| Cash | € 298,573 | € 262,306 | € 197,199 | € 198,101 | |
| Retained profit | € 256,369 | € 240,452 | € 291,485 | € 287,799 | ▼ 1% |
| Dividend | € 0 | € 150,000 | € 0 | € 0 | |
| Bank debt | € 72,391 | € 54,415 | € 50,720 | € 358,989 | ▲ € 308,269 |
| Balance sheet total | € 580,436 | € 715,272 | € 561,111 | € 1,158,049 | ▲ 106% |
| Employees (FTE) | 7.3 | 10.1 | 11 | 12.2 | ▲ 1.2 |
Key figures of HOTEL CORDOEANIER, 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 HOTEL CORDOEANIER?
What happened at HOTEL CORDOEANIER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,687 (▼ € 54,720 vs 2024). Source: NBB ↗
- IMMO CORDOEANIER BV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 188,342 profit in 2022 to € 3,687 loss in 2025.
Paid € 86,742 in corporate taxes since 2022.
Best year ever: 2022, with € 188,342 profit.
On average € 60,400 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 stake of IMMO CORDOEANIER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HOTEL CORDOEANIERBehind HOTEL CORDOEANIER is IMMO CORDOEANIER BV. The shares are held by IMMO CORDOEANIER (100%).
Directors
According to the 2025 annual accounts
Director · represented by Jannetien Veireman
since 2019
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Cordoeaniersstraat 16-18
8000 Brugge
Cordoeaniersstraat 16 box 1
8000 Brugge
Active since 20 June 2002
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.
Details
- Company number
- 0477.186.946
- VAT number
- BE 0477.186.946
- Registered office
- Cordoeaniersstraat 16-18, 8000 Brugge
- Names & denominations
- HOTEL CORDOEANIER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 April 2002
- Peppol
- Active · Active since 9 Feb 2026
- Activities · NACE
Hotels en dergelijke accommodatie
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