ACTIVE

WESTHOEK HOTELS - YPRES LODGES

Financial year 2025 · closed on 30/12/2025
Net result
53,4 k €
-79.9% YoY
Gross margin
3,8 M €
-2.0% YoY
Equity
1,3 M €
+4.2% YoY
Workforce
83,0 ETP
+4.7% YoY

What does WESTHOEK HOTELS - YPRES LODGES do?

WESTHOEK HOTELS - YPRES LODGES is a Public limited company incorporated in 1983. Its registered office is in Ieper. It employs on average 83,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0424.907.807
Incorporation
29/09/1983
Legal form
Public limited company
Registered office
Dehemlaan 19
8900 Ieper · FlandreSee on map
Contributed capital
466 000,00 €
Latest accounts
30/12/2025
Average workforce
83,0 ETP
Joint committees (1)
  • 302
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201920182017201520142013201220112010200920082006
Income statement
Gross margin3,8 M €3,9 M €3,6 M €2,8 M €1,7 M €510,9 k €516 k €472,3 k €447,9 k €619,1 k €349,8 k €370,6 k €362,5 k €471,8 k €510,8 k €888,9 k €400 k €
EBITDA1 M €1,1 M €1,1 M €904,3 k €327,2 k €129,7 k €130,8 k €164,7 k €255,6 k €389,9 k €137 k €198,7 k €245,7 k €347,8 k €369,5 k €679,3 k €309,2 k €
Operating result267,3 k €464,4 k €520,2 k €318,8 k €-308,7 k €59,1 k €55 k €101,6 k €167,7 k €302,7 k €15,7 k €74,5 k €111,7 k €204,6 k €203,4 k €329,5 k €141,3 k €
Net result53,4 k €265,8 k €317,9 k €210,6 k €-457,4 k €28 k €24,8 k €118 k €106,3 k €253,8 k €-3,2 k €25,4 k €47,8 k €113,5 k €109,8 k €235,5 k €108,1 k €
Balance sheet
Equity1,3 M €1,3 M €1 M €697,1 k €486,6 k €712,3 k €684,3 k €659,5 k €512 k €500,6 k €476,8 k €480 k €454,6 k €456,8 k €443,3 k €433,5 k €398 k €
Total assets7,4 M €9,4 M €7,6 M €7,8 M €7,5 M €2,4 M €2,1 M €2,8 M €2,2 M €2,2 M €2,2 M €2,3 M €2,3 M €2,4 M €2,5 M €2,6 M €1,2 M €
Cash188 k €214 k €167,6 k €167,6 k €204,6 k €530 k €33,7 k €279,5 k €62,7 k €22 k €11,2 k €104,5 k €40,1 k €117,2 k €73,6 k €128,2 k €98,4 k €
Debts6,1 M €8,1 M €6,5 M €7 M €7,1 M €1,7 M €1,4 M €2,1 M €1,7 M €1,7 M €1,7 M €1,9 M €1,8 M €2 M €2,1 M €2,2 M €785,4 k €
Other
Workforce83,0 ETP79,3 ETP69,7 ETP69,4 ETP29,0 ETP10,4 ETP9,5 ETP7,2 ETP5,2 ETP5,8 ETP6,0 ETP5,2 ETP4,7 ETP4,2 ETP4,2 ETP3,9 ETP3,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 30/12/2025 · 4 active · 21 ended

Active mandates

Anny Deman

Director · since 08 mai 2026 · until 08 mai 2032

Active
Jeroen Verschaeve

Director · since 08 mai 2026 · until 08 mai 2032

Active
Roger Verschaeve

Managing director · since 08 mai 2026 · until 08 mai 2032

Active
Steven Verschaeve

Director · since 08 mai 2026 · until 08 mai 2032

Active

Ended mandates

Anny Deman

Director · since 20 juin 2020 · until 20 juin 2026

Ended
Jeroen Verschaeve

Director · since 20 juin 2020 · until 20 juin 2026

Ended
Roger Verschaeve

Director · since 20 juin 2020 · until 20 juin 2026

Ended
Steven Verschaeve

Director · since 20 juin 2020 · until 20 juin 2026

Ended
At this address

Other companies at this address

CompanyCBE no.
ASSAEVEActive
0456.173.776
0826.074.170
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Closing of the financial year30/12/202530/12/202430/12/202330/12/202230/12/202130/12/2020
Length of the financial year13 months13 months13 months13 months13 months13 months
Filing date28/07/202624/07/202522/07/202428/07/202329/07/202201/08/2021
General meeting22/07/202624/06/202515/07/202417/06/202318/06/202219/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/12/202522/07/202628/07/2026DutchPDF
Abridged model30/12/202424/06/202524/07/2025DutchPDF
Abridged model30/12/202315/07/202422/07/2024DutchPDF
Abridged model30/12/202217/06/202328/07/2023DutchPDF
Abridged model30/12/202118/06/202229/07/2022DutchPDF
Abridged model30/12/202019/06/202101/08/2021DutchPDF
Abridged model30/12/201920/06/202028/07/2020DutchPDF
Abridged model30/12/201822/06/201925/07/2019DutchPDF
Abridged model30/12/201730/06/201827/07/2018DutchPDF
Abridged model30/12/201629/07/201730/08/2017DutchPDF
Abridged model30/12/201525/06/201622/07/2016DutchPDF
Abridged model30/12/201420/10/201516/11/2015DutchPDF
Abridged model30/12/201316/08/201411/09/2014DutchPDF
Abridged model30/12/201202/08/201330/08/2013DutchPDF
Abridged model30/12/201108/09/201228/09/2012DutchPDF
Abridged model30/12/201018/06/201125/10/2011DutchPDF
Abridged model30/12/200919/06/201024/09/2010DutchPDF
Abridged model30/12/200820/06/200927/08/2009DutchPDF
Abridged model31/12/200601/05/200725/09/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Governance

Board of directors

Seen on filing of 30/12/2025 · 4 active · 21 ended

Active mandates

Anny Deman

Director · since 08 mai 2026 · until 08 mai 2032

Active
Jeroen Verschaeve

Director · since 08 mai 2026 · until 08 mai 2032

Active
Roger Verschaeve

Managing director · since 08 mai 2026 · until 08 mai 2032

Active
Steven Verschaeve

Director · since 08 mai 2026 · until 08 mai 2032

Active

Ended mandates

Anny Deman

Director · since 20 juin 2020 · until 20 juin 2026

Ended
Jeroen Verschaeve

Director · since 20 juin 2020 · until 20 juin 2026

Ended
Roger Verschaeve

Director · since 20 juin 2020 · until 20 juin 2026

Ended
Steven Verschaeve

Director · since 20 juin 2020 · until 20 juin 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring18/06/2020
    BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring02/03/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates28/10/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/09/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/02/2008
    ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates11/01/2008
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 202553,4 k €
  2. 2024
    Annual accounts 2024265,8 k €
  3. 2023
    Annual accounts 2023317,9 k €
  4. 2022
    Annual accounts 2022210,6 k €
  5. 2021
    Annual accounts 2021-457,4 k €
  6. 2019
    Annual accounts 201928 k €
  7. 2019
    Name changeWesthoek Hotels - Ypres Lodges
  8. 2018
    Annual accounts 201824,8 k €
  9. 2017
    Annual accounts 2017118 k €
  10. 2015
    Annual accounts 2015106,3 k €
  11. 2014
    Annual accounts 2014253,8 k €
  12. 2013
    Annual accounts 2013-3,2 k €
  13. 2012
    Annual accounts 201225,4 k €
  14. 2011
    Annual accounts 201147,8 k €
  15. 2010
    Annual accounts 2010113,5 k €
  16. 2009
    Annual accounts 2009109,8 k €
  17. 2008
    Annual accounts 2008235,5 k €
  18. 2006
    Annual accounts 2006108,1 k €
  19. 2006
    Name changeIjzerster
  20. 29/09/1983
    IncorporationPublic limited company