ACTIVE

Blankenberge Casino-Kursaal

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Financial year 2025 · Closed on 31/12/2025

Net result1,3 M €+1,7 %over 1 year
Revenue8,5 M €+17,4 %over 1 year
Equity5,8 M €-29,2 %over 1 year
Workforce54,6 ETP-4,4 %over 1 year

Identity

Source · BCE/KBO

Blankenberge Casino-Kursaal is a Public limited company incorporated in 1985. Its main activity is: Gambling and betting activities. Its registered office is in Blankenberge. It employs on average 54,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0427.451.878
Incorporation
05/07/1985
Legal form
Public limited company
Registered office
Zeedijk 150
8370 Blankenberge · FlandreSee on map
Contributed capital
3 253 487,00 €
Latest accounts
31/12/2025
Average workforce
54,6 ETP
Joint committees (3)
  • 100
  • 217
  • 302
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue8,5 M €7,3 M €8,7 M €7,7 M €7,9 M €
EBITDA3 M €2,7 M €3,3 M €11,6 M €9,5 M €
Operating result2,5 M €2,3 M €2,9 M €11,2 M €9 M €
Net result1,3 M €1,2 M €2,4 M €8,4 M €6,7 M €
Balance sheet
Equity5,8 M €8,1 M €6,9 M €10,9 M €7,2 M €
Total assets9 M €11,1 M €10,3 M €14,6 M €12,9 M €
Cash4,5 M €2,7 M €4,9 M €6,6 M €8,1 M €
Debts1,9 M €1,5 M €1,7 M €1,7 M €3,8 M €
Other
Workforce54,6 ETP57,1 ETP59,7 ETP58,9 ETP60,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 34 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Brensen1008.626.388Represented by Brenda D'Hondt
Director
Kim Olesen
Director
wAnd1008.626.487Represented by Domi Dewilde
Managing director

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Usha Ganesan
Director01/05/2024 → 31/03/2025
Anne Jacob Snijders
Chairman of the board of directors01/04/2021 → 31/03/2027
Brenda D'hondt
Director01/04/2021 → 31/03/2027
000
Domi De Wilde
Managing director01/04/2021 → 31/03/2027

Other companies at this address

Zeedijk 150 8370 Blankenberge
CompanyCBE no.
Sunset● Liquidation
0410.732.246
Westvlaamse-Oostenrijkse Vereniging ter Bevordering van het Vreemdelingenverkeer - Westflandrisch-österreichischer Verein für Fremdenverkehrswerbung● Active
0421.549.330

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202130/06/2020
Length of the financial year12 months12 months12 months12 months18 months12 months
Filing date25/06/202623/06/202508/07/202411/07/202322/06/202223/12/2020
General meeting18/06/202619/06/202520/06/202415/06/202316/06/202211/12/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/06/202625/06/2026DutchPDF
Full model31/12/202419/06/202523/06/2025DutchPDF
Full model31/12/202320/06/202408/07/2024DutchPDF
Full model31/12/202215/06/202311/07/2023DutchPDF
Full model31/12/202116/06/202222/06/2022DutchPDF
Full model30/06/202011/12/202023/12/2020DutchPDF
Full model30/06/201913/12/201926/12/2019DutchPDF
Full model30/06/201814/12/201827/12/2018DutchPDF
Full model30/06/201708/12/201721/12/2017DutchPDF
Full model30/06/201609/12/201619/12/2016DutchPDF
Full model30/06/201511/12/201515/12/2015DutchPDF
Full model30/06/201412/12/201418/12/2014DutchPDF
Full model30/06/201313/12/201319/12/2013DutchPDF
Full model30/06/201214/12/201220/12/2012DutchPDF
Full model31/12/201024/06/201105/07/2011DutchPDF
Full model31/12/200925/06/201019/07/2010DutchPDF
Full model31/12/200826/06/200920/07/2009DutchPDF
Full model31/12/200727/06/200814/07/2008DutchPDF
Full model31/12/200629/06/200711/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 34 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Brensen1008.626.388Represented by Brenda D'Hondt
Director
Kim Olesen
Director
wAnd1008.626.487Represented by Domi Dewilde
Managing director

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Usha Ganesan
Director01/05/2024 → 31/03/2025
Anne Jacob Snijders
Chairman of the board of directors01/04/2021 → 31/03/2027
Brenda D'hondt
Director01/04/2021 → 31/03/2027
000
Domi De Wilde
Managing director01/04/2021 → 31/03/2027

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/04/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates16/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/06/2018
    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 20251,3 M €↑
  2. 2024
    Annual accounts 20241,2 M €↓
  3. 2023
    Annual accounts 20232,4 M €↓
  4. 2022
    Annual accounts 20228,4 M €↑
  5. 2021
    Annual accounts 20216,7 M €↑
  6. 2020
    Annual accounts 20202 M €↓
  7. 2019
    Annual accounts 20192 M €↑
  8. 2017
    Annual accounts 20171,4 M €↓
  9. 2016
    Annual accounts 20161,8 M €↑
  10. 2015
    Annual accounts 20151,6 M €↑
  11. 2014
    Annual accounts 20141,1 M €↑
  12. 2013
    Annual accounts 2013657,5 k €↑
  13. 2012
    Annual accounts 2012563,5 k €↑
  14. 2010
    Annual accounts 2010184,6 k €↓
  15. 2009
    Annual accounts 2009372,8 k €↓
  16. 2008
    Annual accounts 2008659 k €↑
  17. 2007
    Annual accounts 2007431,8 k €↓
  18. 2006
    Annual accounts 2006499,2 k €
  19. 05/07/1985
    IncorporationPublic limited company