Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BOUTIQUE HOTEL GROUP from Brugge, company number BE0695628768, closed financial year 2025 with a result of € -32,029 after tax. For that financial year BOUTIQUE HOTEL GROUP recorded a gross margin of € 765,082 and equity of € -1.1 million. Compared with financial year 2024, the result moved from € -160,691 to € -32,029. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -1.1 million
▼ € 32,029 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -32,029
▲ 80 % less loss than in 2024
Profit after tax over the fiscal year.
€ 36,681
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
People and assets in 2025
8.8
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 466,555
▲ 5% vs 2024
€ 53,000 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.
€ 26,466
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 80,115
▼ 53% vs 2024
Loans from banks and other lenders, long and short.
€ 186,785
▲ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,295
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 840,979 | € 845,156 | € 665,114 | € 765,082 | ▲ 15% |
| Profit after taxes | € 32,709 | € -145,883 | € -160,691 | € -32,029 | ▲ € 128,662 |
| Equity | € -810,063 | € -955,946 | € -1,116,637 | € -1,148,666 | ▼ € 32,029 |
| Total debts | € 3,016,075 | € 2,921,566 | € 2,902,612 | € 3,062,821 | ▲ 6% |
| Cash | € 94,817 | € 59,147 | € 71,364 | € 36,681 | ▼ 49% |
| Land & buildings | € 129,419 | € 123,534 | € 117,649 | € 111,764 | ▼ 5% |
| Retained profit | € -910,063 | € -1,055,946 | € -1,216,637 | € -1,248,666 | ▼ € 32,029 |
| Bank debt | € 311,647 | € 199,851 | € 171,924 | € 80,115 | ▼ 53% |
| Balance sheet total | € 2,206,012 | € 1,965,620 | € 1,785,975 | € 1,914,155 | ▲ 7% |
| Employees (FTE) | 8.1 | 9.9 | 8.5 | 8.8 | ▲ 0.3 |
Key figures of BOUTIQUE HOTEL GROUP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 July 2027.
What happened to BOUTIQUE HOTEL GROUP?
What happened at BOUTIQUE HOTEL GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 32,029. filed late Source: NBB ↗
- WILCO BV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,709 profit in 2022 to € 32,029 loss in 2025.
Paid € 1,871 in corporate taxes since 2022.
Best year ever: 2022, with € 32,709 profit.
On average € 86,900 of value added per employee in 2025.
Management
The stake of CW Hospitality comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BOUTIQUE HOTEL GROUPBehind BOUTIQUE HOTEL GROUP is WILCO BV. The shares are held by CW Hospitality (100%).
Directors
According to the 2025 annual accounts
Director · represented by Benjamin WILLAERT
Also active at: BRASSERIE MONTMARTRE, Hotel Biskajer Brugge, CW Hospitality, Willaert-Callebert Hotel Services
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kopstraat 10
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
- 0695.628.768
- VAT number
- BE 0695.628.768
- Registered office
- Kopstraat 10, 8000 Brugge
- Names & denominations
- BOUTIQUE HOTEL GROUP · B.H.G.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 May 2018
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Hotels en dergelijke accommodatie