ACTIVE

ASHG Liège

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Financial year 2025 · Closed on 31/12/2025

Net result-795,5 k €+17,6 %over 1 year

Revenue4,8 M €-12,5 %over 1 year

Equity-4 M €-24,6 %over 1 year

Workforce44,5 ETP-3,5 %over 1 year

Identity

Source · BCE/KBO

ASHG Liège is a Public limited company incorporated in 1992. Its main activity is: Hotels and similar accommodation. Its registered office is in Liège. It employs on average 44,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0448.361.318
Incorporation: 05/10/1992
Legal form: Public limited company
Registered office: Quai Saint-Léonard 36
4000 Liège · WallonieSee on map
Contributed capital: 3 311 500,00 €
Latest accounts: 31/12/2025
Average workforce: 44,5 ETP

Activities (NACE)

55100Hotels and similar accommodation· main 55100Hotels and similar accommodation 55101Hotels and similar accommodation

Joint committees (1)

Signals

Good liquidityPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	4,8 M €	-12.5%	5,5 M €	+19.4%	4,6 M €	-5.3%	4,9 M €	+31.5%	3,7 M €
EBITDA	519,2 k €	-44.8%	940,8 k €	+57.1%	599 k €	-43.7%	1,1 M €	-9.4%	1,2 M €
Operating result	-236,5 k €	-227%	186,5 k €	+320%	-84,9 k €	-112%	736,9 k €	-14.4%	860,4 k €
Net result	-795,5 k €	+17.6%	-965,3 k €	-101%	-480,1 k €	-187%	554 k €	-21.3%	704 k €
Balance sheet
Equity	-4 M €	-24.6%	-3,2 M €	-42.5%	-2,3 M €	-26.8%	-1,8 M €	+23.6%	-2,3 M €
Total assets	9 M €	+7.3%	8,3 M €	+9.4%	7,6 M €	+9.5%	7 M €	+44.1%	4,8 M €
Cash	397,9 k €	-44.9%	721,6 k €	+74.1%	414,4 k €	-62.9%	1,1 M €	+225%	344,1 k €
Debts	12,6 M €	+12.8%	11,2 M €	+18.3%	9,4 M €	+11.3%	8,5 M €	+22.5%	6,9 M €
Other
Workforce	44,5 ETP	-3.5%	46,1 ETP	+2.9%	44,8 ETP	+8.2%	41,4 ETP	+7.8%	38,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 43 ended

Active mandates

Andre Guettouche

Director · since 30 septembre 2024 · until 27 mai 2030

Active

Steven Lewerenz

Director · since 30 septembre 2024 · until 27 mai 2030

Active

Ended mandates

Jorrit de Jong

Director · since 20 mars 2019 · until 28 mai 2024

Ended

Jorrit de Jong

Director · since 20 mars 2019 · until 28 juin 2024

Ended

Jorrit de Jong

Director · since 20 mars 2019 · until 30 septembre 2024

Ended

Christophe Tans

Director · since 24 mars 2017 · until 24 mars 2023

Ended

Other companies at this address

Quai Saint-Léonard 36 4000 Liège

Company	CBE no.
JAMES BANTUELLE● Bankrupt	0693.870.989

Full financial information

Source · NBB

	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	27/05/2026	24/06/2025	17/07/2024	13/06/2023	24/06/2022	07/06/2021
General meeting	26/05/2026	18/06/2025	28/06/2024	30/05/2023	31/05/2022	25/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/05/2026	27/05/2026	French	PDF
Full model	31/12/2024	18/06/2025	24/06/2025	French	PDF
Full model	31/12/2023	28/06/2024	17/07/2024	French	PDF
Full model	31/12/2022	30/05/2023	13/06/2023	French	PDF
Full model	31/12/2021	31/05/2022	24/06/2022	French	PDF
Full model	31/12/2020	25/05/2021	07/06/2021	French	PDF
Full model	31/12/2019	26/05/2020	08/06/2020	French	PDF
Full model	31/12/2018	28/05/2019	11/06/2019	French	PDF
Full model	31/12/2017	29/05/2018	18/06/2018	French	PDF
Full model	31/12/2016	30/06/2017	30/06/2017	French	PDF
Full model	31/12/2015	31/05/2016	08/06/2016	French	PDF
Full model	31/12/2014	30/06/2015	15/07/2015	French	PDF
Full model	31/12/2013	27/05/2014	25/06/2014	French	PDF
Full modelCorrection	31/12/2012	28/05/2013	18/10/2013	French	PDF
Full model	31/12/2012	28/05/2013	30/05/2013	French	PDF
Full model	31/12/2011	29/05/2012	14/06/2012	French	PDF
Full model	31/12/2010	30/06/2011	11/07/2011	French	PDF
Full model	31/12/2009	30/06/2010	29/07/2010	French	PDF
Full model	31/12/2008	26/05/2009	29/07/2009	French	PDF
Full modelCorrection	31/12/2007	28/05/2008	23/10/2008	French	PDF
Full model	31/12/2007	28/05/2008	16/09/2008	French	PDF
Full model	30/09/2006	27/03/2007	31/05/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

2 active · 43 ended

Active mandates

Andre Guettouche

Director · since 30 septembre 2024 · until 27 mai 2030

Active

Steven Lewerenz

Director · since 30 septembre 2024 · until 27 mai 2030

Active

Ended mandates

Jorrit de Jong

Director · since 20 mars 2019 · until 28 mai 2024

Ended

Jorrit de Jong

Director · since 20 mars 2019 · until 28 juin 2024

Ended

Jorrit de Jong

Director · since 20 mars 2019 · until 30 septembre 2024

Ended

Christophe Tans

Director · since 24 mars 2017 · until 24 mars 2023

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/08/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates04/12/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION
PDF
Mandates24/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates10/10/2024
DEMISSIONS, NOMINATIONS
PDF
Other16/06/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates18/04/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates19/01/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates01/08/2019
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025-795,5 k €↑
2024
Annual accounts 2024-965,3 k €↓
2024
Name changeASHG Liège
2023
Annual accounts 2023-480,1 k €↓
2022
Annual accounts 2022554 k €↓
2021
Annual accounts 2021704 k €↑
2021
Name changeLa Linière Hôtel
2020
Annual accounts 2020-139,5 k €↓
2019
Annual accounts 2019207,5 k €↓
2018
Annual accounts 2018480 k €↓
2017
Annual accounts 2017683,2 k €↑
2016
Annual accounts 2016172,4 k €↓
2015
Annual accounts 2015188,9 k €↑
2014
Annual accounts 201434,1 k €↑
2013
Annual accounts 2013-331,8 k €↑
2012
Annual accounts 2012-960,8 k €↓
2011
Annual accounts 2011-423,3 k €↑
2010
Annual accounts 2010-424,5 k €↑
2009
Annual accounts 2009-1,1 M €↓
2008
Annual accounts 2008-924,2 k €↑
2007
Annual accounts 2007-3,3 M €
05/10/1992
IncorporationPublic limited company

ASHG Liège

Overview

Identity

Financials

Valuation

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

Timeline