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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GRAND HOTEL DES FAGNES from Couvin, company number BE0704642741, closed financial year 2025 with a result of € -5,996 after tax. For that financial year GRAND HOTEL DES FAGNES recorded revenue of € 2,286 and equity of € -27,335. Compared with financial year 2024, the result moved from € -6,438 to € -5,996. 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 June 16, 2026.
€ -27,335
▼ € 5,996 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,996
▲ 7 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,282
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -45,935.
Debts at end 2025
€ 255,338
▼ 11% vs 2024
€ 32,838 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 60
▲ € 53 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 25 | - | € 2,286 | |
| Gross margin | € -9,115 | € -3,323 | € -2,463 | € 386 | ▲ € 2,849 |
| Profit after taxes | € -12,616 | € -7,161 | € -6,438 | € -5,996 | ▲ € 442 |
| Equity | € -7,740 | € -14,901 | € -21,339 | € -27,335 | ▼ € 5,996 |
| Total debts | € 733,104 | € 746,459 | € 761,037 | € 769,755 | ▲ 1% |
| Cash | € 3,728 | € 3,260 | € 5,133 | € 3,282 | ▼ 36% |
| Land & buildings | € 623,224 | € 623,223 | € 623,224 | € 738,495 | ▲ 18% |
| Retained profit | € -26,340 | € -33,501 | € -39,939 | € -45,935 | ▼ € 5,996 |
| Bank debt | € 345,457 | € 315,417 | € 285,378 | € 255,338 | ▼ 11% |
| Balance sheet total | € 725,364 | € 731,558 | € 739,698 | € 742,420 |
Key figures of GRAND HOTEL DES FAGNES, 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 GRAND HOTEL DES FAGNES?
What happened at GRAND HOTEL DES FAGNES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,996. Source: NBB ↗
- New establishment in Couvin. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,616 loss in 2022 to € 5,996 loss in 2025.
Establishments
Establishment units
Physical locations of this company
Chaussée de Roly, Mar. 67
5660 Couvin
Rue Saint-Louis, Mar. 31
5660 Couvin
Active since 17 September 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0704.642.741
- VAT number
- BE 0704.642.741
- Registered office
- Chaussée de Roly, Mar. 67, 5660 Couvin
- Names & denominations
- GRAND HOTEL DES FAGNES · GHDF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 2018
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Hotels en dergelijke accommodatie
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