Active · per the CBE, 2 October 2026

PI-HASSELT

BE0668521129

Rechtspersoon Public limited company 1 establishment

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

Sint-Jozefsstraat 10.2.2, 3500 Hasselt

Active for

9 year, 9 months

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

€ 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.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 1,751,514 € 1,986,356 € 1,949,114 € 2,105,786 ▲ 8%
Gross margin € 546,331 € 768,287 € 716,067 € 550,197 ▼ 23%
Profit after taxes € -408,930 € -236,348 € -204,795 € -248,864 ▼ € 44,069
Equity € 962,581 € 726,233 € 4,521,438 € 4,272,574 ▼ 6%
Total debts € 6,133,214 € 6,384,073 € 1,291,883 € 1,199,694 ▼ 7%
Cash € 34,077 € 35,980 € 112,155 € 33,676 ▼ 70%
Land & buildings € 5,023,976 € 4,873,020 € 5,074,154 € 4,917,636 ▼ 3%
Retained profit € -1,337,419 € -1,573,767 € -1,778,562 € -2,027,426 ▼ € 248,864
Bank debt € 0 € 0 € 239,783 € 227,836 ▼ 5%
Balance sheet total € 7,095,795 € 7,110,306 € 5,813,321 € 5,472,268 ▼ 6%
Employees (FTE) 9.8 8.1 4.9 3.5 ▼ 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:

  • John LENAERS stepped down as director. NBB
  • Ghislain LENAERS stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 248,864. filed late Source: NBB ↗
  • John LENAERS became a director. NBB
  • Ghislain LENAERS became a director. NBB
  • New establishment in Hasselt. KBO
  • 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.

Management

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%).

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Directors

According to the 2025 annual accounts

since 2023 · until 2029

since 2023 · until 2029

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

Frequently asked questions

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 (2 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.