ACTIVE

RECREATIE- EN CONGRESHOTEL TER ELST

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Financial year 2025 · Closed on 31/12/2025

Net result327,2 k €+12,1 %over 1 year
Gross margin1,4 M €-3,3 %over 1 year
Equity1,7 M €+23,2 %over 1 year
Workforce15,9 ETP+24,2 %over 1 year

Identity

Source · BCE/KBO

RECREATIE- EN CONGRESHOTEL TER ELST is a Public limited company incorporated in 1975. Its registered office is in Edegem. It employs on average 15,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0415.320.148
Incorporation
20/06/1975
Legal form
Public limited company
Registered office
Kattenbroek 1
2650 Edegem · FlandreSee on map
Contributed capital
586 812,37 €
Latest accounts
31/12/2025
Average workforce
15,9 ETP
Joint committees (1)
  • 302
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin1,4 M €1,4 M €1,3 M €1,3 M €673,1 k €
EBITDA641,4 k €585 k €625,9 k €779 k €385,8 k €
Operating result495,5 k €414,4 k €421,6 k €587,8 k €161 k €
Net result327,2 k €291,8 k €283,9 k €523,4 k €104,8 k €
Balance sheet
Equity1,7 M €1,4 M €1,4 M €1,6 M €1,4 M €
Total assets4,4 M €4,3 M €4 M €4,6 M €4,2 M €
Cash603,7 k €242,3 k €77,8 k €353,2 k €73,3 k €
Debts2,6 M €2,8 M €2,6 M €3 M €2,8 M €
Other
Workforce15,9 ETP12,8 ETP11,0 ETP12,1 ETP14,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 24 ended

Active mandates

CEDCO

Director · since 20 octobre 2025 · until 18 mai 2029 · 0875.891.291

Represented by Cedric Heeren

Active
Nuno Vertessen

Director · since 20 octobre 2025 · until 18 mai 2029

Active
VACHRO

Director · since 20 octobre 2025 · until 18 mai 2029 · 0897.569.506

Represented by Tom Hendrickx

Active

Ended mandates

INSIGHT STRATEGIES

Managing director · since 11 mai 2023 · until 15 mai 2029 · 0824.075.574

Represented by Steve Engels

Ended
INSIGHT STRATEGIES

Managing director · since 11 mai 2023 · until 15 mai 2029 · 0824.075.574

Represented by Steve ENGELS

Ended
Nuno Vertessen

Director · since 11 mai 2023 · until 15 mai 2029

Ended
VACHRO

Director · since 11 mai 2023 · until 15 mai 2029 · 0897.569.506

Represented by Tom Hendrickx

Ended

Other companies at this address

Kattenbroek 1 2650 Edegem
CompanyCBE no.
MIMIBOS● Active
0403.872.960

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/06/202605/06/202531/05/202416/05/202301/06/202225/06/2021
General meeting01/06/202615/05/202515/05/202411/05/202316/05/202207/06/2021
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 model31/12/202501/06/202630/06/2026DutchPDF
Abridged model31/12/202415/05/202505/06/2025DutchPDF
Abridged model31/12/202315/05/202431/05/2024DutchPDF
Abridged model31/12/202211/05/202316/05/2023DutchPDF
Abridged model31/12/202116/05/202201/06/2022DutchPDF
Abridged model31/12/202007/06/202125/06/2021DutchPDF
Abridged model31/12/201912/05/202017/06/2020DutchPDF
Abridged model31/12/201816/05/201912/06/2019DutchPDF
Abridged model31/12/201715/05/201814/06/2018DutchPDF
Abridged model31/12/201619/05/201716/06/2017DutchPDF
Abridged model31/12/201517/05/201616/06/2016DutchPDF
Abridged model31/12/201415/05/201514/07/2015DutchPDF
Abridged model31/12/201316/05/201426/05/2014DutchPDF
Abridged model31/12/201215/05/201320/06/2013DutchPDF
Abridged model31/12/201125/05/201230/08/2012DutchPDF
Abridged model31/12/201006/05/201116/06/2011DutchPDF
Abridged model31/12/200901/06/201026/08/2010DutchPDF
Abridged model31/12/200802/06/200924/07/2009DutchPDF
Abridged model31/12/200702/06/200829/08/2008DutchPDF
Abridged model31/12/200607/06/200731/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

3 active · 24 ended

Active mandates

CEDCO

Director · since 20 octobre 2025 · until 18 mai 2029 · 0875.891.291

Represented by Cedric Heeren

Active
Nuno Vertessen

Director · since 20 octobre 2025 · until 18 mai 2029

Active
VACHRO

Director · since 20 octobre 2025 · until 18 mai 2029 · 0897.569.506

Represented by Tom Hendrickx

Active

Ended mandates

INSIGHT STRATEGIES

Managing director · since 11 mai 2023 · until 15 mai 2029 · 0824.075.574

Represented by Steve Engels

Ended
INSIGHT STRATEGIES

Managing director · since 11 mai 2023 · until 15 mai 2029 · 0824.075.574

Represented by Steve ENGELS

Ended
Nuno Vertessen

Director · since 11 mai 2023 · until 15 mai 2029

Ended
VACHRO

Director · since 11 mai 2023 · until 15 mai 2029 · 0897.569.506

Represented by Tom Hendrickx

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/06/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares02/05/2017
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates30/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring20/03/2015
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring19/01/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates15/01/2015
    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 2025327,2 k €↑
  2. 2024
    Annual accounts 2024291,8 k €↑
  3. 2023
    Annual accounts 2023283,9 k €↓
  4. 2022
    Annual accounts 2022523,4 k €↑
  5. 2021
    Annual accounts 2021104,8 k €↑
  6. 2020
    Annual accounts 2020-237,6 k €↓
  7. 2019
    Annual accounts 2019281,7 k €↓
  8. 2018
    Annual accounts 2018331,8 k €↑
  9. 2017
    Annual accounts 2017205,9 k €↑
  10. 2016
    Annual accounts 2016189,2 k €↓
  11. 2015
    Annual accounts 2015238,2 k €↓
  12. 2014
    Annual accounts 2014243,7 k €↑
  13. 2013
    Annual accounts 2013229,1 k €↑
  14. 2012
    Annual accounts 2012-63,1 k €↓
  15. 2011
    Annual accounts 2011222,5 k €↑
  16. 2010
    Annual accounts 2010-312,4 k €↓
  17. 2009
    Annual accounts 2009242,8 k €↓
  18. 2008
    Annual accounts 2008296,3 k €↑
  19. 2007
    Annual accounts 200728,8 k €↑
  20. 2006
    Annual accounts 2006-238,5 k €
  21. 20/06/1975
    IncorporationPublic limited company