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 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Hospitality Belgium from Asse, company number BE0836786435, closed financial year 2025 with a result of € 20,154 after tax. For that financial year Hospitality Belgium recorded a gross margin of € 149,264 and equity of € 272,849. Compared with financial year 2024, the result moved from € 37,578 to € 20,154. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.
€ 272,849
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,154
▼ 46% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 257,849.
People and assets in 2025
€ 353
▼ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
€ 672,529 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 44,763
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 63,648
▼ 6% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 114,488 | € 116,936 | € 104,587 | € 149,264 | ▲ 43% |
| Profit after taxes | € 51,293 | € 58,746 | € 37,578 | € 20,154 | ▼ 46% |
| Equity | € 156,371 | € 215,117 | € 252,695 | € 272,849 | ▲ 8% |
| Total debts | € 410,836 | € 396,226 | € 1,462,623 | € 1,476,385 | ▲ 1% |
| Cash | € 20,744 | € 6,281 | € 3,314 | - | |
| Land & buildings | € 266,689 | € 241,926 | € 1,312,370 | € 1,258,860 | ▼ 4% |
| Retained profit | € 141,371 | € 200,117 | € 237,695 | € 257,849 | ▲ 8% |
| Bank debt | € 283,366 | € 250,442 | € 1,327,787 | € 1,322,426 | |
| Balance sheet total | € 567,207 | € 611,344 | € 1,715,318 | € 1,749,234 | ▲ 2% |
Key figures of Hospitality Belgium, 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 Hospitality Belgium?
What happened at Hospitality Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,154 (▼ 46% vs 2024). filed late Source: NBB ↗
- Barbara de Zeeuw became a director. NBB
- New establishment in Asse. KBO
- Start of the company according to the CBE. KBO
- Thierry Vermeiren became a director. NBB
In short
From € 51,293 profit in 2022 to € 20,154 profit in 2025.
Paid € 82,905 in corporate taxes since 2022.
Best year ever: 2023, with € 58,746 profit.
Management
Behind Hospitality Belgium are Barbara de Zeeuw and Thierry Vermeiren. Thierry Vermeiren is also behind B.A.A.A.T. CORPORATION.
Directors
According to the 2025 annual accounts
Barbara de Zeeuw
Director
since 2024
since 2011
Establishments
Establishment units
Physical locations of this company
Waarbeek 17
1730 Asse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0836.786.435
- VAT number
- BE 0836.786.435
- Registered office
- Waarbeek 17, 1730 Asse
- Names & denominations
- Hospitality Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 June 2011
- Peppol
- Active · Active since 13 May 2025
- Contact
- [email protected]
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