What does PI-HASSELT do?

PI-HASSELT is a hotel in Hasselt. Public Limited, started on 15 December 2016, 1 establishment.

What is the address of PI-HASSELT?

The registered office of PI-HASSELT is located at Sint-Jozefsstraat 10.2.2, 3500 Hasselt.

Is PI-HASSELT still active?

Yes. According to the CBE (29 October 2026) PI-HASSELT is active, legal situation “Normale toestand”, started on 15 December 2016.

Is PI-HASSELT registered on Peppol?

Yes, PI-HASSELT is registered on the Peppol network with ID 0208:0668521129.

What is the enterprise number of PI-HASSELT?

The enterprise number of PI-HASSELT is BE0668521129.

When was PI-HASSELT founded?

PI-HASSELT was founded on 15 December 2016.

Who are the directors of PI-HASSELT?

According to the 2025 annual accounts, the directors of PI-HASSELT are: John LENAERS, Ghislain LENAERS.

Is PI-HASSELT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 December 2016; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did PI-HASSELT make in 2025?

PI-HASSELT recorded a loss after taxes of € 248,864 in financial year 2025.

What is the revenue of PI-HASSELT?

In its most recent annual accounts (2025), PI-HASSELT reported revenue of € 2,105,786.

How much does an employee at PI-HASSELT earn?

The average wage cost per full-time employee at PI-HASSELT was € 103,700 in 2025: staff costs of € 362,794 for 3.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PI-HASSELT have?

According to the 2025 annual accounts, PI-HASSELT has 3.5 full-time equivalents (FTE).

PI-HASSELT (Public Limited) - Hasselt - BE0668521129

Dossier PI-HASSELT, printed on 29 October 2026 from databakkes.be/en/0668521129/pi-hasselt. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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.
Tight liquidity NBB

Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 8.1 to 3.5.

Financials

Financial year 2025

PI-HASSELT from Hasselt, company number BE0668521129, closed financial year 2025 with a result of € -248,864 after tax. For that financial year PI-HASSELT recorded revenue of € 2.1 million and equity of € 4.3 million. Compared with financial year 2024, the result moved from € -204,795 to € -248,864. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 6, 2026.

What it is worth Healthy

€ 4.3 million

▼ 6% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -248,864

▼ 22 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 33,676

▼ 70% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -2 million.

People and assets in 2025

Full-time equivalents

3.5

▼ 1.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 362,794

▼ 19% vs 2024

€ 103,700 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

Bank debt ≈ 18 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 227,836

▼ 5% vs 2024

€ 12,516 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.

Owed to suppliers

€ 499,395

▲ 73% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 36,930

▼ 45% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,751,514 Revenue 2022: € 1,751,514 First fiscal year in the series	€ 1,986,356 Revenue 2023: € 1,986,356 ▲ 13% vs 2022 (€ 1,751,514) Favourable step	€ 1,949,114 Revenue 2024: € 1,949,114 ▼ 2% vs 2023 (€ 1,986,356) Unfavourable step	€ 2,105,786 Revenue 2025: € 2,105,786 ▲ 8% vs 2024 (€ 1,949,114) Favourable step	▲ 8%
Gross margin	€ 546,331 Gross margin 2022: € 546,331 First fiscal year in the series	€ 768,287 Gross margin 2023: € 768,287 ▲ 41% vs 2022 (€ 546,331) Favourable step	€ 716,067 Gross margin 2024: € 716,067 ▼ 7% vs 2023 (€ 768,287) Unfavourable step	€ 550,197 Gross margin 2025: € 550,197 ▼ 23% vs 2024 (€ 716,067) Unfavourable step	▼ 23%
Profit after taxes	€ -408,930 Profit after taxes 2022: € -408,930 First fiscal year in the series	€ -236,348 Profit after taxes 2023: € -236,348 ▲ € 172,582 vs 2022 (€ -408,930) Favourable step	€ -204,795 Profit after taxes 2024: € -204,795 ▲ € 31,553 vs 2023 (€ -236,348) Favourable step	€ -248,864 Profit after taxes 2025: € -248,864 ▼ € 44,069 vs 2024 (€ -204,795) Unfavourable step	▼ € 44,069
Equity	€ 962,581 Equity 2022: € 962,581 First fiscal year in the series	€ 726,233 Equity 2023: € 726,233 ▼ 25% vs 2022 (€ 962,581) Unfavourable step	€ 4,521,438 Equity 2024: € 4,521,438 ▲ € 3.8 million vs 2023 (€ 726,233) Favourable step	€ 4,272,574 Equity 2025: € 4,272,574 ▼ 6% vs 2024 (€ 4,521,438) Unfavourable step	▼ 6%
Total debts	€ 6,133,214 Total debts 2022: € 6,133,214 First fiscal year in the series	€ 6,384,073 Total debts 2023: € 6,384,073 ▲ 4% vs 2022 (€ 6,133,214) Unfavourable step	€ 1,291,883 Total debts 2024: € 1,291,883 ▼ 80% vs 2023 (€ 6,384,073) Favourable step	€ 1,199,694 Total debts 2025: € 1,199,694 ▼ 7% vs 2024 (€ 1,291,883) Favourable step	▼ 7%
Cash	€ 34,077 Cash 2022: € 34,077 First fiscal year in the series	€ 35,980 Cash 2023: € 35,980 ▲ 6% vs 2022 (€ 34,077) Favourable step	€ 112,155 Cash 2024: € 112,155 ▲ 212% vs 2023 (€ 35,980) Favourable step	€ 33,676 Cash 2025: € 33,676 ▼ 70% vs 2024 (€ 112,155) Unfavourable step	▼ 70%
Land & buildings	€ 5,023,976 Land & buildings 2022: € 5,023,976 First fiscal year in the series	€ 4,873,020 Land & buildings 2023: € 4,873,020 ▼ 3% vs 2022 (€ 5,023,976) Unchanged	€ 5,074,154 Land & buildings 2024: € 5,074,154 ▲ 4% vs 2023 (€ 4,873,020) Unchanged	€ 4,917,636 Land & buildings 2025: € 4,917,636 ▼ 3% vs 2024 (€ 5,074,154) Unchanged	▼ 3%
Retained profit	€ -1,337,419 Retained profit 2022: € -1,337,419 First fiscal year in the series	€ -1,573,767 Retained profit 2023: € -1,573,767 ▼ € 236,348 vs 2022 (€ -1,337,419) Unfavourable step	€ -1,778,562 Retained profit 2024: € -1,778,562 ▼ € 204,795 vs 2023 (€ -1,573,767) Unfavourable step	€ -2,027,426 Retained profit 2025: € -2,027,426 ▼ € 248,864 vs 2024 (€ -1,778,562) Unfavourable step	▼ € 248,864
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 239,783 Bank debt 2024: € 239,783 Unchanged (€ 0) Unfavourable step	€ 227,836 Bank debt 2025: € 227,836 ▼ 5% vs 2024 (€ 239,783) Favourable step	▼ 5%
Balance sheet total	€ 7,095,795 Balance sheet total 2022: € 7,095,795 First fiscal year in the series	€ 7,110,306 Balance sheet total 2023: € 7,110,306 Unchanged (€ 7,095,795) Unchanged	€ 5,813,321 Balance sheet total 2024: € 5,813,321 ▼ 18% vs 2023 (€ 7,110,306) Unchanged	€ 5,472,268 Balance sheet total 2025: € 5,472,268 ▼ 6% vs 2024 (€ 5,813,321) Unchanged	▼ 6%
Employees (FTE)	9.8 Employees (FTE) 2022: 9.8 First fiscal year in the series	8.1 Employees (FTE) 2023: 8.1 ▼ 1.7 vs 2022 (9.8) Unchanged	4.9 Employees (FTE) 2024: 4.9 ▼ 3.2 vs 2023 (8.1) Unchanged	3.5 Employees (FTE) 2025: 3.5 ▼ 1.4 vs 2024 (4.9) Unchanged	▼ 1.4

Key figures of PI-HASSELT, 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 PI-HASSELT?

What happened at PI-HASSELT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 John LENAERS stepped down as director. NBB
2029 Ghislain LENAERS stepped down as director. NBB
Aug 6, 2026 New annual accounts for financial year 2025: loss of € 248,864. filed late Source: NBB ↗
2023 John LENAERS became a director. NBB
2023 Ghislain LENAERS became a director. NBB
Dec 15, 2016 New establishment in Hasselt. KBO
Dec 15, 2016 Start of the company according to the CBE. KBO

In short

From € 408,930 loss in 2022 to € 248,864 loss in 2025.

On average € 157,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

GL Hospitality NV 100%

GROUP GL International 98.9%

The stake of GROUP GL International comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

PI-HASSELT

The shares are held by GL Hospitality NV (100%) and GROUP GL International (98.9%).

Directors

According to the 2025 annual accounts

John LENAERS

Managing director

Also active at: GL Hospitality, ZUIDERRING INVEST, WEZEL, IMMO CURTIS, Algemene Ondernemingen G. LENAERS, GROUP GL International, GIROMA, BSL CONSTRUCT +34 more

since 2023 · until 2029

Ghislain LENAERS

Managing director

Also active at: WINKELCENTRUM ZUIDERRING, GL Hospitality, ZUIDERRING INVEST, WEZEL, IMMO CURTIS, Algemene Ondernemingen G. LENAERS, GROUP GL International, GIROMA +34 more

since 2023 · until 2029

Shareholders

GL Hospitality NV

100%

GROUP GL International

98.9%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Sint-Jozefsstraat 10.2.2

3500 Hasselt

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0668.521.129
VAT number: BE 0668.521.129
Registered office: Sint-Jozefsstraat 10.2.2, 3500 Hasselt
Names & denominations: PI-HASSELT
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 15 December 2016
Peppol: Active · Active since 2 Dec 2025
Activities · NACE: Hotels en dergelijke accommodatie

View on CBE Public ↗ Annual accounts (NBB) ↗