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 41 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022, 2023.
Financials
Financial year 2024
BELGIPAR from Sint-Gillis (bij-Brussel), company number BE0890751394, closed financial year 2024 with a result of € 64,486 after tax. For that financial year BELGIPAR recorded revenue of € 3.1 million and equity of € 2 million. Compared with financial year 2023, the result moved from € 174,925 to € 64,486. 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 30, 2025.
€ 2 million
▲ 3% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,486
▼ 63% vs 2023
Profit after tax over the fiscal year.
€ 188,634
▲ 45% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.2 million.
People and assets in 2024
19.4
Average over the fiscal year, from the social balance sheet.
€ 880,559
▼ 2% vs 2023
€ 45,400 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.
€ 3.4 million
▼ 7% vs 2023
Of which on lease € 3.4 million.
Debts at end 2024
€ 6 million
▲ 33% vs 2023
€ 780,740 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 274,993
▲ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 86 days on average.
€ 112,689
▼ 14% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 1,019,587 | € 2,576,853 | € 2,815,401 | € 3,101,971 | ▲ 10% |
| Profit after taxes | € -303,201 | € 486,774 | € 174,925 | € 64,486 | ▼ 63% |
| Equity | € 1,287,537 | € 1,774,311 | € 1,949,236 | € 2,013,722 | ▲ 3% |
| Total debts | € 3,641,820 | € 3,305,524 | € 5,001,990 | € 6,619,407 | ▲ 32% |
| Cash | € 182,530 | € 496,157 | € 130,067 | € 188,634 | ▲ 45% |
| Land & buildings | € 200,807 | € 193,973 | € 187,140 | € 180,307 | ▼ 4% |
| Retained profit | € 487,537 | € 974,311 | € 1,149,236 | € 1,213,722 | ▲ 6% |
| Bank debt | € 3,381,904 | € 2,971,208 | € 4,504,181 | € 5,984,515 | ▲ 33% |
| Balance sheet total | € 4,929,357 | € 5,079,835 | € 6,951,226 | € 8,633,129 | ▲ 24% |
| Employees (FTE) | 14.2 | 16.3 | 19.4 | 19.4 |
Key figures of BELGIPAR, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BELGIPAR?
What happened at BELGIPAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HFR INTERNATIONAL SRL stepped down as director. NBB
- BOISSÉE FINANCES SAS stepped down as director. NBB
- BETWEEN SRL stepped down as director. NBB
- HOTEPAR SA stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 64,486 (▼ 63% vs 2023). filed late Source: NBB ↗
- BETWEEN SRL became a director. NBB
- HFR INTERNATIONAL SRL became a director. NBB
- BOISSÉE FINANCES SAS became a director. NBB
In short
From € 303,201 loss in 2021 to € 64,486 profit in 2024.
Paid € 140,355 in corporate taxes since 2021.
Best year ever: 2022, with € 486,774 profit.
Pays suppliers within 86 days on average.
A new publication or filing at BELGIPAR? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by BOISSÉE FINANCES SAS (50%) and HOTEPAR SA (50%).
Directors
According to the 2024 annual accounts
Managing director, Director · represented by Stanislas ROLLIN
Also active at: METROPOLITAN HOTEL INVEST
since 2019 · until 2029
BOISSÉE FINANCES SAS
Director, Managing director · represented by Stéphanie ROLLIN
Also active at: MINOTAURUS
since 2019 · until 2029
Managing director, Director · represented by Martine OCTAVE
Also active at: FRANKRIJK INVEST, CARTONDUL EUROPE, SOCIETE DE COOPERATION FRANCO-BELGE, HFR International, MIDDLEBURY INVESTMENT, EGLAIS, GLOBAL LINK, MINOTAURUS
since 2021 · until 2029
HOTEPAR SA
Director · represented by Jean LAMBERT
since 2019 · until 2029
Shareholders
BOISSÉE FINANCES SAS
50%
HOTEPAR SA
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Victor Hortaplein 1
1060 Sint-Gillis (bij-Brussel)
Martelarenlaan 10
3010 Leuven
Active since 2 May 2011
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
- 0890.751.394
- VAT number
- BE 0890.751.394
- Registered office
- Victor Hortaplein 1, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- BELGIPAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 2007
- Peppol
- Active · Active since 8 May 2026
- Activities · NACE
Hotels en dergelijke accommodatie