Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2023; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 1.1 to 0.6.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
HOTEL CAVALIER from Brugge, company number BE0688914883, closed financial year 2023 with a result of € 7,493 after tax. For that financial year HOTEL CAVALIER recorded a gross margin of € 82,853 and equity of € 27,953. Compared with financial year 2022, the result moved from € 69,957 to € 7,493. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2024.
€ 27,953
▲ 37% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,493
▼ 89% vs 2022
Profit after tax over the fiscal year.
€ 3,369
▲ € 2,739 vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 9,353.
People and assets in 2023
0.6
▼ 0.1 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 17,748
▼ 19% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 175
▼ 82% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 411,549
▼ 15% vs 2022
€ 140,117 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 81,727
▲ 98% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 46,684
▲ 75% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 13,149 | € 130,096 | € 82,853 | ▼ 36% |
| Profit after taxes | € -28,622 | € 69,957 | € 7,493 | ▼ 89% |
| Equity | € 19,484 | € 20,460 | € 27,953 | ▲ 37% |
| Total debts | € 751,241 | € 795,601 | € 662,232 | ▼ 17% |
| Cash | € 1,624 | € 630 | € 3,369 | ▲ € 2,739 |
| Retained profit | € 884 | € 1,860 | € 9,353 | ▲ € 7,493 |
| Dividend | € 0 | € 68,981 | € 0 | ▼ 100% |
| Bank debt | € 562,118 | € 481,914 | € 411,549 | ▼ 15% |
| Balance sheet total | € 770,724 | € 816,061 | € 690,185 | ▼ 15% |
| Employees (FTE) | 1.1 | 0.7 | 0.6 | ▼ 0.1 |
Key figures of HOTEL CAVALIER, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to HOTEL CAVALIER?
What happened at HOTEL CAVALIER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
HOTEL CAVALIER is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 7,493 (▼ 89% vs 2022). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
- Fatih Yilan became a director. NBB
- Ebru Yilan became a director. NBB
In short
From € 28,622 loss in 2021 to € 7,493 profit in 2023.
Best year ever: 2022, with € 69,957 profit.
On average € 12,000 of value added per employee in 2021.
Paid out € 68,981 in dividends to the owners in total.
Management
Behind HOTEL CAVALIER are Fatih Yilan and Ebru Yilan. It owns 100% of Het Zwarte huis itself.
Directors
According to the 2023 annual accounts
since 2018
since 2018
Establishments
Establishment units
Physical locations of this company
Kuipersstraat 25
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0688.914.883
- VAT number
- BE 0688.914.883
- Registered office
- Kuipersstraat 25, 8000 Brugge
- Names & denominations
- HOTEL CAVALIER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 26 January 2018
- Peppol
- Not registered
- Activities · NACE
Hotels en dergelijke accommodatie