ACTIVE

ACCOR HOTELS BELGIUM

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Financial year 2025 · closed on 31/12/2025

Net result

83,7 M €

-65.6% YoY

Revenue

30,5 M €

-0.9% YoY

Equity

925,7 M €

-14.7% YoY

Workforce

20,4 ETP

-14.3% YoY

What does ACCOR HOTELS BELGIUM do?

ACCOR HOTELS BELGIUM is a Public limited company incorporated in 1973. Its main activity is: Hotels and similar accommodation. Its registered office is in Bruxelles. It employs on average 20,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0413.483.185

Incorporation

22/06/1973

Legal form

Public limited company

Registered office

Avenue des Arts 56
1000 Bruxelles · BruxellesSee on map

Contributed capital

765 433 124,64 €

Latest accounts

31/12/2025

Average workforce

20,4 ETP

Activities (NACE)

55100Hotels and similar accommodation· main 55100Hotels and similar accommodation 55101Hotels and similar accommodation 70100Activities of head offices 70100Activities of head offices

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Revenue	30,5 M €	-0.9%	30,8 M €	+5.5%	29,2 M €	+20.0%	24,3 M €	+203%	8,0 M €	+5.6%	7,6 M €	-73.7%	28,9 M €	+4.6%	27,6 M €	-71.2%	95,9 M €	-19.2%	118,6 M €	+1.9%	116,4 M €	-6.7%	124,8 M €	+2.8%	121,4 M €	+0.8%	120,5 M €	+0.0%	120,5 M €	+7.9%	111,7 M €
EBITDA	4,9 M €	-43.7%	8,6 M €	+47.6%	5,8 M €	+132%	2,5 M €	+402%	-835,5 k €	+63.1%	-2,3 M €	-135%	6,5 M €	-29.4%	9,2 M €	+4.3%	8,8 M €	-61.0%	22,5 M €	+8.1%	20,9 M €	+6.1%	19,7 M €	+17.7%	16,7 M €	+0.4%	16,6 M €	+5.4%	15,8 M €	+32.2%	11,9 M €
Operating result	5,0 M €	-43.0%	8,7 M €	+42.7%	6,1 M €	+148%	2,5 M €	+351%	-981,2 k €	+70.6%	-3,3 M €	-153%	6,3 M €	-29.8%	9,1 M €	+398%	1,8 M €	-87.6%	14,7 M €	+13.0%	13,0 M €	+25.3%	10,4 M €	+44.3%	7,2 M €	-12.2%	8,2 M €	+25.2%	6,5 M €	+140%	2,7 M €
Net result	83,7 M €	-65.6%	243,3 M €	-54.3%	532,0 M €	+60.5%	331,5 M €	-23.0%	430,4 M €	+310%	-205,2 M €	-40.0%	-146,6 M €	-1162%	13,8 M €	-89.5%	132,1 M €	+913%	-16,2 M €	-120%	82,6 M €	+1290%	5,9 M €	+115%	-40,0 M €	-1117%	3,9 M €	-98.8%	323,0 M €	+366%	69,3 M €
Balance sheet
Equity	925,7 M €	-14.7%	1,1 Md €	+1.1%	1,1 Md €	-5.3%	1,1 Md €	+17.1%	967,8 M €	-7.8%	1,0 Md €	-16.4%	1,3 Md €	-3.2%	1,3 Md €	-19.9%	1,6 Md €	+15.7%	1,4 Md €	-1.1%	1,4 Md €	+34.9%	1,0 Md €	+0.6%	1,0 Md €	-3.7%	1,1 Md €	-1.3%	1,1 Md €	+12.7%	974,2 M €
Total assets	1,1 Md €	+3.0%	1,1 Md €	-6.3%	1,2 Md €	+2.8%	1,1 Md €	-23.2%	1,5 Md €	+40.9%	1,1 Md €	-16.7%	1,3 Md €	-12.5%	1,5 Md €	-11.9%	1,6 Md €	+5.7%	1,6 Md €	-3.8%	1,6 Md €	+48.1%	1,1 Md €	-0.4%	1,1 Md €	-5.4%	1,2 Md €	+0.4%	1,2 Md €	-15.3%	1,4 Md €
Cash	–		–		–		–		98,7 k €	-52.5%	207,8 k €	-21.4%	264,5 k €	+109%	126,3 k €	-99.4%	21,2 M €	-42.7%	37,0 M €	+17.0%	31,6 M €	+84.7%	17,1 M €	+41.6%	12,1 M €	+8.4%	11,2 M €	+82.0%	6,1 M €	+10.3%	5,6 M €
Debts	210,2 M €	+1085%	17,7 M €	-82.8%	103,1 M €	+725%	12,5 M €	-97.6%	522,8 M €	+6525%	7,9 M €	-43.0%	13,8 M €	-91.1%	155,2 M €	+481%	26,7 M €	-83.1%	157,8 M €	-21.8%	201,9 M €	+407%	39,8 M €	-22.2%	51,2 M €	-31.4%	74,6 M €	+36.6%	54,6 M €	-85.8%	384,1 M €
Other
Workforce	20,4 ETP	-14.3%	23,8 ETP	-19.0%	29,4 ETP	-1.3%	29,8 ETP	-1.0%	30,1 ETP	-19.3%	37,3 ETP	-10.3%	41,6 ETP	-6.5%	44,5 ETP	-94.9%	877,6 ETP	-8.2%	956,2 ETP	-0.3%	958,6 ETP	-13.8%	1 112,3 ETP	-4.1%	1 160,1 ETP	-0.7%	1 168,1 ETP	-1.6%	1 186,8 ETP	+3.1%	1 150,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 33 ended

Active mandates

Bart De Deyn

Director · since 02 juin 2025 · until 05 juin 2028

Active

Yves Fonck

Director · since 03 juin 2024 · until 30 mai 2025

Active

Pierre Deburaux

Director · since 05 juin 2023 · until 18 décembre 2025

Active

Ended mandates

Pierre Deburaux

Director · since 05 juin 2023 · until 01 juin 2026

Ended

Bart De Deyn

Director · since 07 juin 2022 · until 02 juin 2025

Ended

Duncan O'Rourke

Director · since 07 juin 2021 · until 03 juin 2024

Ended

Yves Fonck

Director · since 07 juin 2021 · until 03 juin 2024

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/06/2026	19/06/2025	19/06/2024	26/06/2023	16/06/2022	25/06/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

36 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	01/06/2026	19/06/2026	Dutch	PDF
Full model	31/12/2024	02/06/2025	19/06/2025	Dutch	PDF
m121-f-p	31/12/2024	28/05/2025	19/06/2025	French	PDF
Full model	31/12/2023	03/06/2024	19/06/2024	Dutch	PDF
m121-f-p	31/12/2023	31/05/2024	01/07/2024	French	PDF
Full model	31/12/2022	05/06/2023	26/06/2023	French	PDF
m121-f-p	31/12/2022	17/05/2023	29/06/2023	French	PDF
Full model	31/12/2021	07/06/2022	16/06/2022	Dutch	PDF
m121-f-p	31/12/2021	20/05/2022	14/07/2022	French	PDF
Full model	31/12/2020	07/06/2021	25/06/2021	Dutch	PDF
m121-f-p	31/12/2020	29/04/2021	25/06/2021	French	PDF
Full model	31/12/2019	29/06/2020	16/07/2020	Dutch	PDF
m121-f-p	31/12/2019	30/06/2020	03/08/2020	French	PDF
Full model	31/12/2018	03/06/2019	04/06/2019	Dutch	PDF
m121-f-p	31/12/2018	30/04/2019	06/06/2019	French	PDF
Full model	31/12/2017	04/06/2018	07/06/2018	Dutch	PDF
m121-f-p	31/12/2017	20/04/2018	25/06/2018	French	PDF
Full model	31/12/2016	06/06/2017	09/06/2017	Dutch	PDF
m121-f-p	31/12/2016	05/05/2017	01/06/2017	French	PDF
Full model	31/12/2015	06/06/2016	10/06/2016	Dutch	PDF
m121-f-p	31/12/2015	02/04/2016	26/05/2016	French	PDF
Full model	31/12/2014	01/06/2015	06/07/2015	Dutch	PDF
m121-f-p	31/12/2014	28/04/2015	01/06/2015	French	PDF
Full model	31/12/2013	02/06/2014	02/06/2014	Dutch	PDF

View all 36 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 33 ended

Active mandates

Bart De Deyn

Director · since 02 juin 2025 · until 05 juin 2028

Active

Yves Fonck

Director · since 03 juin 2024 · until 30 mai 2025

Active

Pierre Deburaux

Director · since 05 juin 2023 · until 18 décembre 2025

Active

Ended mandates

Pierre Deburaux

Director · since 05 juin 2023 · until 01 juin 2026

Ended

Bart De Deyn

Director · since 07 juin 2022 · until 02 juin 2025

Ended

Duncan O'Rourke

Director · since 07 juin 2021 · until 03 juin 2024

Ended

Yves Fonck

Director · since 07 juin 2021 · until 03 juin 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates10/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates13/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates13/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates28/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/07/2022
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202583,7 M €↓
02/06/2025
reconductionDe Deyn — Administrateur
02/06/2025
reconductionPWC réviseurs d'entreprises SRL — commissaire aux comptes
02/06/2025
reconductionBart De Deyn — bestuurder
02/06/2025
reconductionPatrick Mortroux — commissaris
2024
Annual accounts 2024243,3 M €↓
03/06/2024
reconductionYves Fonck — Administrateur
03/06/2024
reconductionYves Fonck — Bestuurder
2023
Annual accounts 2023532,0 M €↑
05/06/2023
nominationPierre Deburaux — administrateur
05/06/2023
nominationPierre Deburaux — bestuurder
2022
Annual accounts 2022331,5 M €↓
07/06/2022
nominationBart De Deyn — administrateur
07/06/2022
reconductionPatrick Mortroux — commissaire aux comptes
07/06/2022
nominationBart De Deyn — bestuurder
07/06/2022
reconductionPWC Bedrijfsrevisoren — commissaris
2021
Annual accounts 2021430,4 M €↑
2020
Annual accounts 2020-205,2 M €↓
2019
Annual accounts 2019-146,6 M €↓
2018
Annual accounts 201813,8 M €↓
2016
Annual accounts 2016132,1 M €↑
2015
Annual accounts 2015-16,2 M €↓
2014
Annual accounts 201482,6 M €↑
2013
Annual accounts 20135,9 M €↑
2012
Annual accounts 2012-40,0 M €↓
2011
Annual accounts 20113,9 M €↓
2010
Annual accounts 2010323,0 M €↑
2009
Annual accounts 200969,3 M €
22/06/1973
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ACCOR HOTELS BELGIUM

Overview

What does ACCOR HOTELS BELGIUM do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline