Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HÔTEL LE LOUISE from Elsene, company number BE0538460856, closed financial year 2025 with a result of € -996,129 after tax. For that financial year HÔTEL LE LOUISE recorded revenue of € 11.6 million and equity of € 357,721. Compared with financial year 2024, the result moved from € -1.1 million to € -996,129. The company made a loss. The buffer shrank hard: equity is 74 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 357,721
▼ 74% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -996,129
▲ 10 % less loss than in 2024
Profit after tax over the fiscal year.
€ 832,994
▲ € 686,462 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10.9 million.
People and assets in 2025
87.2
▼ 8.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.9 million
▼ 5% vs 2024
€ 56,400 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.
€ 323,227
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11.9 million
▲ 6% vs 2024
€ 8.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 925,018
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 60 days on average.
€ 549,598
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,609,453 | € 10,568,373 | € 11,503,866 | € 11,579,518 | ▲ 1% |
| Profit after taxes | € -1,989,261 | € -1,655,810 | € -1,100,852 | € -996,129 | ▲ € 104,723 |
| Equity | € 4,119,844 | € 2,469,080 | € 1,361,039 | € 357,721 | ▼ 74% |
| Total debts | € 12,263,311 | € 12,820,277 | € 12,996,304 | € 13,632,986 | ▲ 5% |
| Cash | € 105,414 | € 116,243 | € 146,532 | € 832,994 | ▲ € 686,462 |
| Land & buildings | € 11,969,230 | € 11,528,170 | € 11,087,110 | € 10,646,049 | ▼ 4% |
| Retained profit | € -7,098,365 | € -8,754,175 | € -9,855,027 | € -10,851,156 | ▼ € 996,129 |
| Bank debt | € 10,609,943 | € 10,771,369 | € 11,189,719 | € 11,861,250 | ▲ 6% |
| Balance sheet total | € 16,627,151 | € 15,465,293 | € 14,465,116 | € 14,076,601 | ▼ 3% |
| Employees (FTE) | 86.2 | 92.3 | 95.6 | 87.2 | ▼ 8.4 |
Key figures of HÔTEL LE LOUISE, 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 HÔTEL LE LOUISE?
What happened at HÔTEL LE LOUISE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pierre-Louis BELLANGER stepped down as director. NBB
- EXTENDAM SA stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 996,129. Source: NBB ↗
- Liza Denise MASIAS GUISLAIN stepped down as director. NBB
- Pierre-Louis BELLANGER became a director. NBB
- EXTENDAM SA became a director. NBB
- Jaume TAPIES IBERN stepped down as director. NBB
- Olen Udo POTTIER stepped down as director. NBB
In short
From € 2 million loss in 2022 to € 996,129 loss in 2025.
Paid € 1,579 in corporate taxes since 2022.
Pays suppliers within 60 days on average.
A new publication or filing at HÔTEL LE LOUISE? We notify you, reason included.
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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 ANFIRI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HÔTEL LE LOUISEThe shares are held by LOUISE HOTEL INVEST SA (100%) and ANFIRI (100%).
Directors
According to the 2025 annual accounts
Liza Denise MASIAS GUISLAIN
Director
since 2019 · until 2026
Olen Udo POTTIER
Director
since 2023 · until 2025
Pierre-Louis BELLANGER
Director
since 2026 · until 2032
Director · represented by Matthieu DRACS
since 2026 · until 2032
Jaume TAPIES IBERN
Director
since 2022 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gulden-Vlieslaan 40
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0538.460.856
- VAT number
- BE 0538.460.856
- Registered office
- Gulden-Vlieslaan 40, 1050 Elsene
- Names & denominations
- HÔTEL LE LOUISE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2013
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Hotels en dergelijke accommodatie
Cafés en bars
Eetgelegenheden met volledige bediening
Activiteiten van eetgelegenheden met volledige bediening