ACTIVE

Royal Antwerp Golf Club

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Financial year 2025 · Closed on 31/12/2025

Net result1,3 M €+1 053,5 %over 1 year

Gross margin2,9 M €+121,3 %over 1 year

Equity3,7 M €+54,1 %over 1 year

Workforce18,7 ETP+5,1 %over 1 year

Identity

Source · BCE/KBO

Royal Antwerp Golf Club is a Non-profit organization incorporated in 1957. Its main activity is: Gambling and betting activities. Its registered office is in Kapellen. It employs on average 18,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0406.490.871
Incorporation: 13/04/1957
Legal form: Non-profit organization
Registered office: Torenlei 1A
2950 Kapellen · FlandreSee on map
Latest accounts: 31/12/2025
Average workforce: 18,7 ETP

Activities (NACE)

92621Gambling and betting activities· main 93123Activities of sports clubs 93123Activities of sports clubs 56101Restaurants and mobile food service activities 56111Restaurants and mobile food service activities 56301Beverage serving activities+1

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,9 M €	+121%	1,3 M €	-0.3%	1,3 M €	+2.1%	1,3 M €	-11.3%	1,4 M €
EBITDA	1,6 M €	+1018%	145,8 k €	-47.5%	277,7 k €	-7.4%	299,8 k €	-38.1%	484,2 k €
Operating result	1,4 M €	+1492%	-97,4 k €	-310%	46,3 k €	-3.1%	47,8 k €	-80.4%	244,3 k €
Net result	1,3 M €	+1053%	-137,9 k €	-4027%	3,5 k €	-58.4%	8,4 k €	-95.9%	207,2 k €
Balance sheet
Equity	3,7 M €	+54.1%	2,4 M €	-5.4%	2,6 M €	+0.1%	2,6 M €	+0.3%	2,6 M €
Total assets	4,5 M €	+25.8%	3,6 M €	+6.8%	3,4 M €	-0.5%	3,4 M €	-3.5%	3,5 M €
Cash	1,1 M €	+327%	248,9 k €	+103%	122,8 k €	+20.5%	101,9 k €	+12.8%	90,3 k €
Debts	770,6 k €	-33.4%	1,2 M €	+46.5%	789,7 k €	-1.5%	801,8 k €	-15.1%	944,3 k €
Other
Workforce	18,7 ETP	+5.1%	17,8 ETP	+7.2%	16,6 ETP	-10.3%	18,5 ETP	-9.3%	20,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 82 ended

Active mandates

Charles Harold van den Kerckhove

Director · since 26 mars 2026 · until 25 mars 2029

Active

Jean Sanders

Director · since 26 mars 2026 · until 25 mars 2029

Active

Jean-François Wauters

Director · since 29 mars 2025 · until 29 mars 2028

Active

Luc Van den Eynde

Director · since 29 mars 2025 · until 29 mars 2028

Active

Marie Nowé

Director · since 29 mars 2025 · until 29 mars 2028

Active

Bruno De Vooght

Director · since 23 mars 2024 · until 23 mars 2027

Active

Jack Baines

Director · since 23 mars 2024 · until 23 mars 2027

Active

Philippe D'Archambeau

Director · since 23 mars 2024 · until 23 mars 2027

Active

Ended mandates

Jean Wauters

Director · since 28 mars 2023 · until 28 mars 2026

Ended

Jean Wauters

Director · since 28 mars 2023 · until 29 mars 2028

Ended

Jean-François Wauters

Director · since 28 mars 2023 · until 28 mars 2026

Ended

Charles Harold van den Kerckhove

Director · since 25 mars 2023 · until 25 mars 2026

Ended

Other companies at this address

Torenlei 1A 2950 Kapellen

Company	CBE no.
D.G.A.● Active	0404.705.576
Grand Café 1888● Active	1030.995.974
TRAITEUR ELIAS● Active	0463.524.792

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/08/2026	10/07/2025	03/10/2024	04/08/2023	24/05/2023	18/01/2022
General meeting	30/06/2026	29/03/2025	31/03/2024	31/03/2023	26/03/2022	20/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	29/03/2025	10/07/2025	Dutch	PDF
Abridged model	31/12/2023	31/03/2024	03/10/2024	Dutch	PDF
Abridged model	31/12/2022	31/03/2023	04/08/2023	Dutch	PDF
Abridged model	31/12/2021	26/03/2022	24/05/2023	Dutch	PDF
Abridged model	31/12/2020	20/06/2021	18/01/2022	Dutch	PDF
Abridged model	31/12/2019	27/06/2020	13/07/2020	Dutch	PDF
Abridged model	31/12/2018	30/03/2019	10/10/2019	Dutch	PDF
Abridged model	31/12/2017	24/03/2018	05/12/2018	Dutch	PDF
Abridged model	31/12/2016	25/03/2017	27/03/2017	Dutch	PDF
Abridged model	31/12/2015	19/03/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	21/03/2015	30/03/2015	Dutch	PDF
Abridged model	31/12/2013	22/03/2014	06/05/2014	Dutch	PDF
Abridged model	31/12/2012	30/03/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	31/03/2012	03/08/2012	Dutch	PDF
Abridged model	31/12/2010	31/03/2011	05/04/2011	Dutch	PDF
Abridged model	31/12/2009	31/03/2010	05/07/2010	Dutch	PDF
Abridged model	31/12/2008	31/03/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	15/03/2008	16/06/2008	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

8 active · 82 ended

Active mandates

Charles Harold van den Kerckhove

Director · since 26 mars 2026 · until 25 mars 2029

Active

Jean Sanders

Director · since 26 mars 2026 · until 25 mars 2029

Active

Jean-François Wauters

Director · since 29 mars 2025 · until 29 mars 2028

Active

Luc Van den Eynde

Director · since 29 mars 2025 · until 29 mars 2028

Active

Marie Nowé

Director · since 29 mars 2025 · until 29 mars 2028

Active

Bruno De Vooght

Director · since 23 mars 2024 · until 23 mars 2027

Active

Jack Baines

Director · since 23 mars 2024 · until 23 mars 2027

Active

Philippe D'Archambeau

Director · since 23 mars 2024 · until 23 mars 2027

Active

Ended mandates

Jean Wauters

Director · since 28 mars 2023 · until 28 mars 2026

Ended

Jean Wauters

Director · since 28 mars 2023 · until 29 mars 2028

Ended

Jean-François Wauters

Director · since 28 mars 2023 · until 28 mars 2026

Ended

Charles Harold van den Kerckhove

Director · since 25 mars 2023 · until 25 mars 2026

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates04/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office12/04/2024
BENAMING - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2020
ONTSLAGEN - BENOEMINGEN
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 20251,3 M €↑
2024
Annual accounts 2024-137,9 k €↓
2023
Annual accounts 20233,5 k €↓
2022
Annual accounts 20228,4 k €↓
2021
Annual accounts 2021207,2 k €↑
2021
Name changeRoyal Antwerp Golf Club
2020
Annual accounts 202049,2 k €↑
2019
Annual accounts 2019-171,2 k €↓
2018
Annual accounts 201822,4 k €↓
2017
Annual accounts 201788,3 k €↓
2016
Annual accounts 2016116,3 k €↓
2015
Annual accounts 2015150,9 k €↑
2014
Annual accounts 201484,4 k €↑
2013
Annual accounts 2013-23,8 k €↓
2012
Annual accounts 2012468,1 k €↑
2011
Annual accounts 201132,2 k €↓
2010
Annual accounts 201045,4 k €↑
2009
Annual accounts 200916,2 k €↓
2008
Annual accounts 200832,6 k €↑
2007
Annual accounts 200731,7 k €
2007
Name changeRoyal Antwerp Golfclub
13/04/1957
IncorporationNon-profit organization

Royal Antwerp Golf Club

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