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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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Hospitalitree from Heist-op-den-Berg, company number BE0846653513, closed financial year 2025 with a result of € 36,874 after tax. For that financial year Hospitalitree recorded a gross margin of € 65,173 and equity of € -34,253. Compared with financial year 2024, the result moved from € 22,302 to € 36,874. Profitable, and profit is growing. 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 July 9, 2026.
€ -34,253
▲ € 36,874 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,874
▲ 65% vs 2024
Profit after tax over the fiscal year.
€ 149
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -52,853.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 25,108
▼ 21% vs 2024
Of which on lease € 25,108.
Debts at end 2025
€ 29,908
▼ 48% vs 2024
€ 10,942 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 865
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,306
▲ € 12,687 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 | € 21,208 | € 14,334 | € 36,029 | € 65,173 | ▲ 81% |
| Profit after taxes | € 8,528 | € 1,855 | € 22,302 | € 36,874 | ▲ 65% |
| Equity | € -95,283 | € -93,428 | € -71,126 | € -34,253 | ▲ € 36,874 |
| Total debts | € 124,058 | € 113,780 | € 115,489 | € 67,183 | ▼ 42% |
| Cash | € 2,819 | € 945 | € 926 | € 149 | ▼ 84% |
| Retained profit | € -113,883 | € -112,028 | € -89,726 | € -52,853 | ▲ € 36,874 |
| Bank debt | € 60,813 | € 44,773 | € 57,263 | € 29,908 | ▼ 48% |
| Balance sheet total | € 28,775 | € 20,352 | € 44,363 | € 32,931 | ▼ 26% |
Key figures of Hospitalitree, 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 Hospitalitree?
What happened at Hospitalitree in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36,874 (▲ 65% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Heist-op-den-Berg. KBO
In short
From € 8,528 profit in 2022 to € 36,874 profit in 2025.
Paid € 14,397 in corporate taxes since 2022.
Best year ever: 2025, with € 36,874 profit.
Management
Behind Hospitalitree is Kevin Corsus.
Directors
According to the 2025 annual accounts
Kevin Corsus
Director
Establishments
Establishment units
Physical locations of this company
Oude Aarschotsebaan 59
2221 Heist-op-den-Berg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- CORSUS Kevin(oprichter) 100%
Details
- Company number
- 0846.653.513
- VAT number
- BE 0846.653.513
- Registered office
- Oude Aarschotsebaan 59, 2221 Heist-op-den-Berg
- Names & denominations
- Hospitalitree
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 2012
- Peppol
- Active · Active since 6 Dec 2024
- Activities · NACE
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Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk
Verhuur en lease van andere machines en werktuigen en andere materiële goederen
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