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 3 of the last 3 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 20 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Floreal Holidays from Brussel, company number BE0790387276, closed financial year 2025 with a result of € -14.9 million after tax. For that financial year Floreal Holidays recorded revenue of € 19.4 million and equity of € -22.5 million. Compared with financial year 2024, the result moved from € -5.7 million to € -14.9 million. 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 October 9, 2026.
€ -22.5 million
▼ € 14.9 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14.9 million
▼ 161 % more loss than in 2024
Profit after tax over the fiscal year.
€ 12.8 million
▲ € 12.5 million vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
201.1
▲ 17.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11.1 million
▲ 4% vs 2024
€ 55,300 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.
€ 710,039
▲ 76% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11 million
▲ 47% vs 2024
Loans from banks and other lenders, long and short.
€ 65.6 million
▲ € 63 million vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 891 days on average.
€ 1.4 million
▲ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 20,944,030 | € 19,056,881 | € 19,376,093 | ▲ 2% |
| Profit after taxes | € -4,848,556 | € -5,713,879 | € -14,918,058 | ▼ € 9.2 million |
| Equity | € -1,895,869 | € -7,609,748 | € -22,527,806 | ▼ € 14.9 million |
| Total debts | € 5,491,726 | € 12,170,638 | € 90,709,152 | ▲ € 78.5 million |
| Cash | € 546,757 | € 295,005 | € 12,811,291 | ▲ € 12.5 million |
| Land & buildings | - | - | € 47,214,609 | |
| Retained profit | € -1,895,869 | € -7,609,748 | € -22,527,806 | ▼ € 14.9 million |
| Bank debt | € 775,108 | € 7,514,692 | € 11,020,193 | ▲ 47% |
| Balance sheet total | € 3,595,857 | € 4,564,039 | € 68,184,492 | ▲ € 63.6 million |
| Employees (FTE) | 182.8 | 183.6 | 201.1 | ▲ 17.5 |
Key figures of Floreal Holidays, fiscal years 2023 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 Floreal Holidays?
What happened at Floreal Holidays in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14.9 million. filed late Source: NBB ↗
- WERNER VAN HEETVELDE stepped down as director. NBB
- Frederic LEONARD stepped down as director. NBB
- Philippe LECLERCQ stepped down as director. NBB
- Alain CLAUWAERT stepped down as director. NBB
- Geoffrey GOBLET stepped down as director. NBB
- ANGELINE VAN DEN RIJSEL stepped down as director. NBB
- New establishment in Bouillon. KBO
In short
From € 4.8 million loss in 2023 to € 14.9 million loss in 2025.
Management
Behind Floreal Holidays is Kim COLLYNS. Kim COLLYNS is also behind Ontspanning en Vakantie.
Directors
According to the 2025 annual accounts
since 2025
WERNER VAN HEETVELDE
Chairman of the board
Also active at: Ontspanning en Vakantie, LE DOMAINE DES SOURCES, LE FESTIVAL, ProCoop, Coach
since 2023 · until 2026
Frederic LEONARD
Director
Also active at: Ontspanning en Vakantie, LE DOMAINE DES SOURCES, LE FESTIVAL
since 2022 · until 2026
since 2022 · until 2026
Alain CLAUWAERT
Director
Also active at: Domino, Ontspanning en Vakantie, Amsab-Instituut voor Sociale Geschiedenis, Bengelhof, VOLKSKLINIEK
since 2022 · until 2026
Geoffrey GOBLET
Managing director
Also active at: Ontspanning en Vakantie, LE DOMAINE DES SOURCES, LE FESTIVAL, LA MAISON SYNDICALE WALLONNE
since 2022 · until 2026
ANGELINE VAN DEN RIJSEL
Director
since 2022 · until 2026
Establishments
Establishment units
Physical locations of this company
Hoogstraat 26/28
1000 Brussel
Hoogstraat 139 box 21
1000 Brussel
Active since 1 October 2022
Herentalsesteenweg 64
2460 Kasterlee
Active since 1 October 2022
Eekhoornlaan 1
2960 Brecht
Active since 1 October 2022
Route d'Houffalize 18
6980 La Roche-en-Ardenne
Active since 1 October 2022
Avenue de Villez 12
6980 La Roche-en-Ardenne
Active since 1 October 2022
Odrimont, Gossaimont 1
4990 Lierneux
Active since 1 January 2023
Clos des Horlées 1
6760 Virton
Active since 1 October 2022
Koning Albert-I-laan 59
8370 Blankenberge
Active since 1 October 2022
Albert I laan 74
8620 Nieuwpoort
Active since 1 October 2022
Avenue de Villez 6
6980 La Roche-en-Ardenne
Active since 1 October 2022
Place du Mont Saint-Aubert(MSA) 2
7542 Tournai
Active since 1 October 2022
Rue de La-Roche 23
6660 Houffalize
Active since 1 March 2024
Halliru 1
6830 Bouillon
Active since 1 September 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0790.387.276
- VAT number
- BE 0790.387.276
- Registered office
- Hoogstraat 26/28, 1000 Brussel
- Names & denominations
- Floreal Holidays
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 2 September 2022
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Hotels en dergelijke accommodatie
Vakantieverblijven en andere accommodatie voor kort verblijf, neg
Activiteiten van toeristische informatiediensten
Activiteiten van reisbureaus
Kampeer- en caravanterreinen
Vakantieparken