Financials
Financial year 2025
BRUSSELS SOUTH HOTELS from Nivelles, company number BE0826542938, closed financial year 2025 with a result of € 296,565 after tax. For that financial year BRUSSELS SOUTH HOTELS recorded a gross margin of € 1.4 million and equity of € 993,872. Compared with financial year 2024, the result moved from € 127,065 to € 296,565. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 993,872
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 296,565
▲ 133% vs 2024
Profit after tax over the fiscal year.
€ 78,136
▲ 126% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 296,500 paid out
100 % of the profit went to the shareholders, mostly to HOTELIERE DE LA LOUVIERE (100 % of the shares). That is where the money ends up.
People and assets in 2025
12.2
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 613,216
▲ 3% vs 2024
€ 50,300 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.
€ 47,895
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▼ 5% vs 2024
€ 215,984 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 140,138
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 72,000
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,095,759 | € 1,176,378 | € 1,127,152 | € 1,385,538 | ▲ 23% |
| Profit after taxes | € 179,245 | € 131,346 | € 127,065 | € 296,565 | ▲ 133% |
| Equity | € 1,107,369 | € 1,069,066 | € 1,031,452 | € 993,872 | ▼ 4% |
| Total debts | € 2,443,909 | € 2,321,584 | € 2,079,469 | € 2,178,182 | ▲ 5% |
| Cash | € 163,165 | € 64,946 | € 34,541 | € 78,136 | ▲ 126% |
| Land & buildings | € 2,926,025 | € 2,692,683 | € 2,459,281 | € 2,303,549 | ▼ 6% |
| Retained profit | € 72,938 | € 72,284 | € 72,349 | € 72,413 | |
| Dividend | € 179,000 | € 132,000 | € 127,000 | € 296,500 | ▲ 133% |
| Bank debt | € 2,053,592 | € 1,788,369 | € 1,568,720 | € 1,491,913 | ▼ 5% |
| Balance sheet total | € 3,551,278 | € 3,390,650 | € 3,110,921 | € 3,172,055 | ▲ 2% |
| Employees (FTE) | 13.5 | 14 | 11.6 | 12.2 | ▲ 0.6 |
Key figures of BRUSSELS SOUTH HOTELS, 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 BRUSSELS SOUTH HOTELS?
What happened at BRUSSELS SOUTH HOTELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ATALANTE HOTELS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 296,565 (▲ 133% vs 2024). Source: NBB ↗
- ATALANTE HOTELS became a director. NBB
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 179,245 profit in 2022 to € 296,565 profit in 2025.
Paid € 216,281 in corporate taxes since 2022.
Best year ever: 2025, with € 296,565 profit.
On average € 113,600 of value added per employee in 2025.
Management
The stake of HOTELIERE DE LA LOUVIERE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BRUSSELS SOUTH HOTELSThe shares are held by HOTELIERE DE LA LOUVIERE (100%).
Directors
According to the 2025 annual accounts
Director · represented by GEORGES MEURISSE
since 2021 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Paul-Henri Spaak 3
1401 Nivelles
Avenue Robert Schuman SN
1400 Nivelles
Active since 1 October 2012
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0826.542.938
- VAT number
- BE 0826.542.938
- Registered office
- Avenue Paul-Henri Spaak 3, 1401 Nivelles
- Names & denominations
- BRUSSELS SOUTH HOTELS · B.S.H.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 2010
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Hotels en dergelijke accommodatie