KOEPOORTKAAI
ActiveSummary
The annual accounts of KOEPOORTKAAI for fiscal year 2025 show a net loss of 70% of the equity at the start of that year. The 2025 annual accounts show equity of €871k and a net result of €-2.01M. Equity is shrinking by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 24% of 378 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▼-57
Solvency30▼-10
Growth22=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.48 against 0.59 in 2024; short-term debt: 26.8% and cash: 4% of total assets), and 94.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.2%
Return on assets
-12.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 378 sector peers (2025).
NBB · sector comparisonPosition among 378 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
2 d early
2023
29 d late
2022
24 d late
2021
31 d late
2020
30 d late
2019
109 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€3.57M▲ 44.3%
2020 · €2.47M
2018: €10.51M
2019: €10.98M
2020: €2.47M
2018 → 2021
EBIT margin
-18.5%▲ 59.6pp
2020 · -78.2%
2018: 11.5%
2019: 14.1%
2020: -78.2%
2018 → 2021
Net result
€-2.01M
2024 · €188k
2018: €801k
2019: €889k
2020: €-1.76M
2021: €-850k
2022: €662k
2023: €39k
2024: €188k
2018 → 2025
Working capital
€-2.31M▼ 52.8%
2024 · €-1.51M
2018: €1.54M
2019: €1.13M
2020: €222k
2021: €-742k
2022: €-1.13M
2023: €-1.42M
2024: €-1.51M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.57M-
Equity€2.00M-€2.66M▲ 33.2%€2.70M▲ 1.5%€2.88M▲ 7.0%€871k▼ 69.8%
Operating result€-660k-€878k€563k▼ 35.9%€608k▲ 8.0%€-1.86M
Net result€-850k-€662k€39k▼ 94.2%€188k▲ 386%€-2.01M
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1.86M after €608k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.65M
Fixed assets
€14.49M ▼ 16.4%
Current assets
€2.16M ▲ 0.9%
Equity and liabilities €16.65M
Equity
€871k ▼ 69.8%
Debt
€15.78M ▼ 4.8%
Debt's share of the balance-sheet total rises from 85.2% to 94.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€87k▼
2024 · €1.87M
Cash flow
€-70k▼
2024 · €1.45M
Current ratio
0.48▼
2024 · 0.59
Quick ratio
0.47▼
2024 · 0.57
Debt to equity
18.13▲
2024 · 5.75
ROE
-231.3%▼
2024 · 6.5%
ROA
-12.1%▼
2024 · 1.0%
Interest coverage
0.27▼
2024 · 5.19
Debt ≤ 1 year
€4.47M▲
2024 · €3.65M
Debt > 1 year
€11.18M▼
2024 · €12.76M
Income taxes
€2k▲
2024 · €2k
Staff costs
€1.77M▲
2024 · €1.16M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€19.47M€16.65M▼
Fixed assets21/28€17.33M€14.49M▼
Tangible fixed assets22/27€5.86M€11.58M▲
Land and buildings22€2.63M€7.59M▲
Plant, machinery and equipment23€1.81M€3.98M▲
Furniture and vehicles24€25k€12k▼
Other tangible fixed assets26€1.40M-
Financial fixed assets28€11.47M€2.91M▼
Current assets29/58€2.14M€2.16M▲
Stocks and contracts in progress3€49k€67k▲
Stocks30/36€49k€67k▲
Amounts receivable within one year40/41€524k€764k▲
Trade receivables40€472k€687k▲
Other amounts receivable41€52k€78k▲
Current investments50/53€465k€465k=
Cash at bank and in hand54/58€888k€667k▼
Deferred charges and accrued income490/1€214k€196k▼
Equity and liabilities
Total equity and liabilities10/49€19.47M€16.65M▼
Equity10/15€2.88M€871k▼
Contributions10/11€149k€149k=
Capital10€149k€149k=
Issued capital100€149k€149k=
Outside capital11€303€303=
Share premium1100/10€303€303=
Reserves13€1.10M€722k▼
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Distributable reserves133€1.08M€707k▼
Profit (loss) carried forward14€1.64M-
Amounts payable17/49€16.59M€15.78M▼
Amounts payable after more than one year17€12.76M€11.18M▼
Financial debts170/4€12.76M€11.18M▼
Amounts payable within one year42/48€3.65M€4.47M▲
Current portion of amounts payable after more than one year42€1.54M€1.58M▲
Trade debts44€1.73M€2.42M▲
Suppliers440/4€1.73M€2.42M▲
Advances received on contracts in progress46€204k€214k▲
Taxes, remuneration and social security45€177k€260k▲
Taxes450/3€41k€71k▲
Remuneration and social security454/9€136k€189k▲
Accrued charges and deferred income492/3€175k€131k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.16M€1.77M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.26M€1.94M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€8k-
Other operating charges640/8€377k€426k▲
Non-recurring operating charges66A€156k-
Gross operating margin9900€3.57M€2.28M▼
Operating profit (loss)9901€608k€-1.86M▼
Financial income75/76B€253k€165k▼
Recurring financial income75€203k€115k▼
Non-recurring financial income76B€50k€50k=
Financial charges65/66B€671k€319k▼
Recurring financial charges65€360k€319k▼
Non-recurring financial charges66B€311k-
Profit (loss) for the period before taxes9903€190k€-2.01M▼
Income taxes67/77€2k€2k▲
Profit (loss) for the period9904€188k€-2.01M▼
Profit (loss) for the period to be appropriated9905€188k€-2.01M▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.64M€-375k▼
Profit (loss) brought forward from the previous period14P€1.45M€1.64M▲
Transfer from equity791/2-€375k
Social balance
Average headcount (FTE)908710.915.1▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-2.01M ▼1172%
Net result drops to €-2.01M, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
31-12
Financial
Back to profitnet €662k
Net result €662k after 2 loss-making years.
31-12
Financial
Equity above €2MEq €2.66M ▲33.2%
Equity rises from €2.00M to €2.66M.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 109 days late
2019
31-12
Financial
Highest result since 2018net €889k ▲11.1%
Operating result €1.55M, net result €889k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
22 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 2 establishment units since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Industriepark-Drongen 149031 GentGround area
1.4 ha
Building footprint
6,236 m²
Volume, LiDAR
48,536 m³
2 parcels, Flanders · tallest building 17.9 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
KOEPOORTKAAI
since 19912.052.871.277
Ghent Mariott Hotel
since 20092.196.539.759
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017D0805/00W000 | Flanders | 1.2 ha | 1 · 6,017 m² | 17.9 m · 2 fl. |
| 44815F1367/00G000 ProtectedCultural-historical landscape · Monument · Townscape or village viewGildehuis der Onvrije Schippers: voorgevelSource ↗ |
Flanders | 2,239 m² | 1 · 219 m² | 17.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 415 EUR awarded · 415 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 264 EUR | 415 EUR |
| 2023 | 1 | 151 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
967600U5HIB3KOSJAS63
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HOBBIT
BE 0451.742.658
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LE MIDI
BE 0458.781.789
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LE CHARME DE LA SEMOIS
BE 0455.879.115
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Of 2,394 companies in sector 55100 we hold annual accounts for 1,517. 987 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-05-1991
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
68121Development of residential building projects
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:maintenance.manager@marriottghent.com
Phone:0475807353