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ARDENT HOTEL SUD

Active
Public limited companyfounded 20223 yrs activeRue des Guillemins 139/9, 4000 Liège, BelgiumKBO/BCE: BE 0792.757.739
Summary

ARDENT HOTEL SUD has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.52M and a net result of €196k. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 58% of 378 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
55 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▲+37
Solvency68▲+5
Growth78=
Track record94
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.09 in 2024; short-term debt: 57.1% and cash: 1.2% of total assets), and 57.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
42.9%
Return on assets
5.5%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
21 d late
2024
140 d late
2023
153 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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€196k
2024 · €-123k
2023: €-349k 2024: €-123k
2023 → 2025
Working capital
€-1.96M▼ 9.2%
2024 · €-1.80M
2023: €-1.98M 2024: €-1.80M
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€991k-€1.23M▲ 23.9%€1.52M▲ 24.1%
Operating result€-239k-€-23k▲ 90.5%€196k
Net result€-349k-€-123k▲ 64.8%€196k
Result per fiscal year
Operating resultNet result
€-400k€-200k€0€200kOperating result 2023: €-239k€-239kNet result 2023: €-349k€-349kOperating result 2024: €-23k€-23kNet result 2024: €-123k€-123kOperating result 2025: €196k€196kNet result 2025: €196k€196k202320242025€-400k€-200k€0€200kOperating result 2023: €-239k€-239kNet result 2023: €-349k€-349kOperating result 2024: €-23k€-23kNet result 2024: €-123k€-123kOperating result 2025: €196k€196kNet result 2025: €196k€196k202320242025
The operating result returns to profit in 2025: €196k after a loss of €23k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.55M
Fixed assets €3.49M ▲ 15.3%
Current assets €63k ▼ 63.5%
Equity and liabilities €3.55M
Equity €1.52M ▲ 24.1%
Debt €2.03M ▲ 2.9%
Debt's share of the balance-sheet total falls from 61.6% to 57.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.03▼
2024 · 0.09
Debt to equity
1.33▼
2024 · 1.60
ROE
12.9%▲
2024 · -10.0%
ROA
5.5%▲
2024 · -3.8%
Debt ≤ 1 year
€2.03M▲
2024 · €1.97M
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 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.20M€3.55M▲
Fixed assets21/28€3.02M€3.49M▲
Tangible fixed assets22/27€3.02M€3.49M▲
Land and buildings22€1.36M€1.66M▲
Assets under construction and advance payments27€1.66M€1.83M▲
Current assets29/58€173k€63k▼
Amounts receivable within one year40/41€132k€22k▼
Trade receivables40€8k€11k▲
Other amounts receivable41€123k€11k▼
Cash at bank and in hand54/58€41k€41k▲
Deferred charges and accrued income490/1-€78
Equity and liabilities
Total equity and liabilities10/49€3.20M€3.55M▲
Equity10/15€1.23M€1.52M▲
Contributions10/11€1.70M€1.80M▲
Capital10€1.70M€1.80M▲
Issued capital100€2.00M€2.00M=
Uncalled capital101€300k€200k▼
Profit (loss) carried forward14€-472k€-276k▲
Amounts payable17/49€1.97M€2.03M▲
Amounts payable within one year42/48€1.97M€2.03M▲
Financial debts43€1.96M€1.96M=
Credit institutions430/8€1.96M€1.96M=
Trade debts44€9k€15k▲
Suppliers440/4€9k€15k▲
Taxes, remuneration and social security45€20€0▼
Taxes450/3€20€0▼
Other amounts payable47/48€0€50k▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€4k€2k▼
Gross operating margin9900€-19k€198k▲
Operating profit (loss)9901€-23k€196k▲
Financial income75/76B€3k€1k▼
Recurring financial income75€3k€1k▼
Financial charges65/66B€103k€994▼
Recurring financial charges65€103k€994▼
Profit (loss) for the period before taxes9903€-123k€196k▲
Profit (loss) for the period9904€-123k€196k▲
Profit (loss) for the period to be appropriated9905€-123k€196k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-472k€-276k▲
Profit (loss) brought forward from the previous period14P€-349k€-472k▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 21 days late
13-03
State Gazette act Resignations: SRL GESTBEL, SRL MILE MANAGEMENT and Nicolas LEONARD
Appointments: Emmanuel MEWISSEN (director) and ARDENT INVEST SA (director) · Permanent representative: Nicolas LEONARD · Director discharge18 facts ▸
  • General meeting, 16/02/2026
  • Board meeting, 16/02/2026
  • Director resignation, SRL GESTBEL (director)
  • Director resignation, SRL GESTBEL (managing director)
  • Director resignation, SRL MILE MANAGEMENT (director)
  • Director resignation, SRL MILE MANAGEMENT (managing director)
  • Director resignation, Nicolas LEONARD (director)
  • Director resignation, Nicolas LEONARD (managing director)
  • Director discharge, SRL GESTBEL
  • Director discharge, SRL MILE MANAGEMENT
  • Director discharge, Nicolas LEONARD
  • Director appointment, Emmanuel MEWISSEN (director)
  • +6 further facts in this act
2025
31-12
Financial Back to profitnet €196k
Net result €196k after 2 loss-making years.
18-12
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 140 days late
2024
31-12
Financial Equity above €1MEq €1.23M ▲23.9%
Equity rises from €991k to €1.23M.
31-12
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 153 days late
14-11
State Gazette act Permanent representatives: Emmanuel MEWISSEN and Jean-Marie LEONARD
Power of attorney · Registered-office move6 facts ▸
  • Board meeting, 16/10/2024
  • Power of attorney, FABERFIN SRL
  • Registered-office move, Rue des Guillemins 139/9, 4000 Liège
  • General meeting, 16/10/2024
  • Permanent representative, Emmanuel MEWISSEN
  • Permanent representative, Jean-Marie LEONARD
16-05
State Gazette act Resignations & appointments
Capital · Name change · Statutes amendment4 facts ▸
  • General meeting, 30/04/2024
  • Capital, €2.000.000
  • Name change, ARDENT HOTEL SUD
  • Statutes amendment
2022
25-10
State Gazette act Incorporation
Appointments: LEONARD Nicolas, MILE MANAGEMENT and GESTBEL · Permanent representatives: MEWISSEN Emmanuel Gilbert Jean Paul Dieudonné and LEONARD Jean Marie Edmond Pierre Ghislain · Founder13 facts ▸
  • Incorporation, 21-10-2022
  • Founder, ARDENT REAL ESTATE
  • Founding capital, €2.000.000
  • Bank account, BNP Paribas Fortis, 500.000,00
  • Director appointment, LEONARD Nicolas (director)
  • Director appointment, MILE MANAGEMENT (director)
  • Director appointment, GESTBEL (director)
  • Permanent representative, MEWISSEN Emmanuel Gilbert Jean Paul Dieudonné
  • Permanent representative, LEONARD Jean Marie Edmond Pierre Ghislain
  • Director appointment, MILE MANAGEMENT (président du conseil d’administration)
  • Director appointment, LEONARD Nicolas (daily management delegate)
  • Director appointment, GESTBEL (daily management delegate)
  • +1 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
4 of 4 acts read

Directors · office · real estate

Directors
2 directors, no change since 2026
ARDENT INVEST
Director · since 01-03-2026 · Public limited company · perm. rep.: Nicolas LEONARD
Current
Emmanuel MEWISSEN
Director · since 01-03-2026
Current
01-03-2026 ARDENT INVEST: Appointed as Director
01-03-2026 ARDENT INVEST: Appointed as Managing director
01-03-2026 Emmanuel MEWISSEN: Appointed as Director
01-03-2026 GESTBEL: Resigned as Director
01-03-2026 GESTBEL: Resigned as Managing director
Full history in the Timeline (16 changes) →
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
4,768 m²
Parcel 62814C0393/00V002, Wallonia. Linked by address, not a title deed.
1 establishment unit
ARDENT HOTEL SUD
Rue des Guillemins 139, 4000 LiègeCafés and bars
since 20222.338.557.162
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62814C0393/00V002 Wallonia 4,768 m² - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Purpose
L’exploitation et la mise en valeur de tous établissements hôteliers, ainsi que de tous commerces HORECA, de tous commerces de vêtements, de maroquinerie, bijouterie-orfèvrerie…
Full purpose

L’exploitation et la mise en valeur de tous établissements hôteliers, ainsi que de tous commerces HORECA, de tous commerces de vêtements, de maroquinerie, bijouterie-orfèvrerie, marchand de journaux, etc. ... l’exploitation de tous parkings pour véhicules et, plus généralement, la constitution, la gestion, l'exploitation, la mise en valeur d'un patrimoine immobilier ... L'acquisition ... d'actions, de parts sociales ... Toute activité de gestion, d'administration ... La participation à la création et au développement de toutes entreprises ... Tous travaux administratifs ... l’acquisition ... de tous droits de propriété intellectuelle

Structure & network

Connections & network

16 connected companies
Emmanuel MEWISSEN, Shared director, links 15 companies EMEmmanuelMEWISSENARE-MSC, via Emmanuel MEWISSEN AARE-MSCCASINO DE SPA, via Emmanuel MEWISSEN CDCASINO DE SPACIRCUS BELGIUM, via Emmanuel MEWISSEN CBCIRCUS BELGIUMCORTEX HOLDING, via Emmanuel MEWISSEN CHCORTEX HOLDINGEURO 78, via Emmanuel MEWISSEN E7EURO 78GAMES SERVICES, via Emmanuel MEWISSEN GSGAMES SERVICESGESTION LOISIRS, via Emmanuel MEWISSEN GLGESTIONLOISIRSLUCKY BET, via Emmanuel MEWISSEN LBLUCKY BETPARC D'ATTRACTION LIEGEOIS, via Emmanuel MEWISSEN PDPARCD'ATTRACTION…PRES CARATS SPORTS, via Emmanuel MEWISSEN PCPRES CARATSSPORTSROYAL NAMUR, via Emmanuel MEWISSEN RNROYAL NAMURSLOTS, via Emmanuel MEWISSEN SSLOTSARDENT BETTING, via Emmanuel MEWISSEN ABARDENT BETTINGARDENT HOTEL SUD ARDENT HOTELSUD0792.757.739
Shared directors
Linked via shared directors
ARE-MSC
via Emmanuel MEWISSEN · Director
→
CASINO DE SPA
via Emmanuel MEWISSEN · Chair of the board
→
CORTEX HOLDING
via Emmanuel MEWISSEN · Daily management delegate
→
Show 12 more companies with a shared director
EURO 78
via Emmanuel MEWISSEN · Director
→
GAMES SERVICES
via Emmanuel MEWISSEN · Chair of the board
→
GESTION LOISIRS
via Emmanuel MEWISSEN · Permanent representative
→
→
→
→
SLOTS
via Emmanuel MEWISSEN · Director
→
former→
GAMBLING MANAGEMENT
via Emmanuel MEWISSEN · Permanent representative
former→
IMMO CIRCUS WALLONIE
via Emmanuel MEWISSEN · Managing director
former→
ARDENT CASINO BELGIUM
Shared director
→

Capital and shareholders

Shareholders according to the acts
At incorporation act of 25-10-2022 ↗

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 16-05-2024 Capital stated in the act · 2,000,000 EUR · 2,000 shares
  2. 25-10-2022 Incorporation · 2,000,000 EUR · 2,000 shares

Similar companies · same sector, comparable size

Of 2,393 companies in sector 55100 we hold annual accounts for 1,514. 858 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
Founded21-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 4 actsNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:info@ardent-re.be
Enterprise
Phone:042321952
Enterprise