ACTIVE

Holiday Inns of Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result187,7 k €-49,0 %over 1 year
Gross margin1,4 M €+3,0 %over 1 year
Equity2,1 M €-76,3 %over 1 year
Workforce5,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Holiday Inns of Belgium is a Public limited company incorporated in 1968. Its main activity is: Hotels and similar accommodation. Its registered office is in Bruxelles. It employs on average 5,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0406.137.218
Incorporation
02/12/1968
Legal form
Public limited company
Registered office
Rond-point Robert Schuman 11
1040 Bruxelles · BruxellesSee on map
Contributed capital
750 000,00 €
Latest accounts
31/12/2025
Average workforce
5,0 ETP
Joint committees (3)
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 14 financial years

20252024202320222021
Income statement
Gross margin1,4 M €1,4 M €1,1 M €702,9 k €495,4 k €
EBITDA108 k €173 k €79,1 k €44,6 k €63,1 k €
Operating result107,1 k €173,1 k €79,2 k €44,3 k €63,5 k €
Net result187,7 k €368,3 k €253,4 k €47,5 k €43 k €
Balance sheet
Equity2,1 M €8,9 M €8,6 M €8,3 M €8,3 M €
Total assets3,5 M €9,5 M €9 M €8,6 M €8,5 M €
Cash35,5 k €72,9 k €165,2 k €225,1 k €225,2 k €
Debts1,4 M €555,4 k €412,6 k €267,1 k €276,2 k €
Other
Workforce5,0 ETP5,0 ETP5,0 ETP4,3 ETP4,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 32 ended

Active mandates

DirectorFunctionMandate
Michael Wierling
Director11/03/2025 → 30/06/2031
Eric Viale
Director30/03/2022 → 30/03/2028
Leo BORKELMANS
Director30/03/2022 → 30/03/2028
Pedro José De Carvalho Oliveira
Director30/03/2022 → 11/03/2025

Ended mandates

DirectorFunctionMandate
Pedro José De Carvalho Oliveira
Director30/03/2022 → 29/03/2028
Pedro José De Carvalho Oliveira
Director30/03/2022 → 30/03/2028
Borkelmans Leo
Managing directorsince 01/07/2019
Eric Julien VIALE
Director01/07/2019 → 29/03/2028

Other companies at this address

Rond-point Robert Schuman 11 1040 Bruxelles
CompanyCBE no.
ACE MARKETING CONSULTING● Active
0834.147.738
Association pour la Promotion de l'Entreprenariat Féminin● Active
0728.549.875
BONIT INVEST● Active
0474.419.575
COMPAGNIE FINANCIERE CADMOS● Active
0876.607.707
COMPUTER FUTURES SOLUTIONS INTERNATIONAL● Liquidation
0467.156.948
Dataero Europe● Active
1004.272.375
DE FIJNSTRALER● Bankrupt
0773.411.484
Eclipse Foundation● Active
0760.624.114
EU Georgia Business Council● Active
0879.126.737
European Association for Research, Educational, Cultural and Social Innovation● Active
0665.675.366
European Office Furniture Federation● Active
0772.631.229
EUROPEAN WOMAN RECTORS ASSOCIATION● Active
0643.794.047
Guy Demarle● Active
0477.270.385
ICE WAY● Active
0502.855.126
Institut européen du développement durable● Active
0792.441.894
INTERACTIVE ADVERTISING BUREAU EUROPE● Active
0812.047.277
International Betting Integrity Association● Active
0899.815.946
KFE BELGIUM● Active
0554.718.452
NATIONAL CONSTITUTION RESTORATION ALLIANCE TRANSITION● Active
1014.788.858
Natural Herb Solution Belgium● Active
1026.002.355

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/07/202610/07/202528/06/202431/05/202302/08/202202/08/2021
General meeting30/06/202630/06/202528/06/202431/05/202302/08/202208/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202601/07/2026DutchPDF
Abridged model31/12/202430/06/202510/07/2025DutchPDF
Abridged model31/12/202328/06/202428/06/2024DutchPDF
Abridged model31/12/202231/05/202331/05/2023DutchPDF
Abridged model31/12/202102/08/202202/08/2022DutchPDF
Full model31/12/202008/07/202102/08/2021DutchPDF
Full model31/12/201923/06/202003/08/2020DutchPDF
Full model31/12/201828/06/201903/07/2019DutchPDF
Full model31/12/201731/05/201801/06/2018DutchPDF
Full model31/12/201631/05/201705/07/2017DutchPDF
Full model31/12/201531/05/201620/06/2016DutchPDF
Full model31/12/201430/06/201530/06/2015DutchPDF
Full model31/12/201330/06/201409/07/2014DutchPDF
Full model31/12/201231/05/201326/06/2013DutchPDF
Full model31/12/201129/06/201227/07/2012DutchPDF
Full model31/12/201030/06/201109/08/2011DutchPDF
Full model31/12/200931/05/201012/07/2010DutchPDF
Full model31/12/200802/06/200929/06/2009DutchPDF
Full model31/12/200702/06/200801/07/2008DutchPDF
Full model31/12/200608/06/200729/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 32 ended

Active mandates

DirectorFunctionMandate
Michael Wierling
Director11/03/2025 → 30/06/2031
Eric Viale
Director30/03/2022 → 30/03/2028
Leo BORKELMANS
Director30/03/2022 → 30/03/2028
Pedro José De Carvalho Oliveira
Director30/03/2022 → 11/03/2025

Ended mandates

DirectorFunctionMandate
Pedro José De Carvalho Oliveira
Director30/03/2022 → 29/03/2028
Pedro José De Carvalho Oliveira
Director30/03/2022 → 30/03/2028
Borkelmans Leo
Managing directorsince 01/07/2019
Eric Julien VIALE
Director01/07/2019 → 29/03/2028

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2025
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates07/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/02/2024
    ALGEMENE VERGADERING
    PDF
  • Mandates06/04/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/01/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025187,7 k €↓
  2. 2024
    Annual accounts 2024368,3 k €↑
  3. 2023
    Annual accounts 2023253,4 k €↑
  4. 2022
    Annual accounts 202247,5 k €↑
  5. 2021
    Annual accounts 202143 k €↑
  6. 2018
    Annual accounts 2018-20,1 k €↓
  7. 2017
    Annual accounts 201727,7 k €↑
  8. 2016
    Annual accounts 2016-207,6 k €↓
  9. 2015
    Annual accounts 2015150,7 k €↓
  10. 2014
    Annual accounts 2014257,6 k €↑
  11. 2013
    Annual accounts 2013136,9 k €↑
  12. 2012
    Annual accounts 2012119,6 k €↑
  13. 2011
    Annual accounts 2011-11,3 k €↓
  14. 2010
    Annual accounts 2010944,5 k €
  15. 02/12/1968
    IncorporationPublic limited company