Belcoast Holidays
0429.092.465 · rovalta.com · 25/09/2026
ACTIVE
Belcoast Holidays
Financial year 2025 · Closed on 31/12/2025
Net result132,3 k €+11,4 %over 1 year
Gross margin962 k €-8,7 %over 1 year
Equity5,9 M €+1,0 %over 1 year
Workforce3,4 ETP-12,8 %over 1 year
Overview
Identity
Source · BCE/KBOBelcoast Holidays is a Public limited company incorporated in 1986. Its main activity is: Holiday and other short-stay accommodation. Its registered office is in Middelkerke. It employs on average 3,4 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0429.092.465
- Incorporation
- 02/06/1986
- Legal form
- Public limited company
- Registered office
- Vakantiestraat 1
8434 Middelkerke · FlandreSee on map - Contributed capital
- 200 567,25 €
- Latest accounts
- 31/12/2025
- Average workforce
- 3,4 ETP
Activities (NACE)
Joint committees (1)
- 302
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 20 filingsTrend over 6 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 962 k € | -8.7% | 1,1 M € | +34.9% | 780,9 k € | -43.9% | 1,4 M € | -14.8% | 1,6 M € |
| EBITDA | 709,4 k € | -7.7% | 768,4 k € | +54.4% | 497,6 k € | -24.5% | 659,2 k € | -31.9% | 967,5 k € |
| Operating result | 248,1 k € | +2.2% | 242,7 k € | +1634% | -15,8 k € | -108% | 191,9 k € | -65.5% | 556,4 k € |
| Net result | 132,3 k € | +11.4% | 118,8 k € | +204% | -114,2 k € | -214% | 100,1 k € | -77.5% | 445,4 k € |
| Balance sheet | |||||||||
| Equity | 5,9 M € | +1.0% | 5,8 M € | -6.2% | 6,2 M € | -1.8% | 6,3 M € | +1.6% | 6,2 M € |
| Total assets | 10,7 M € | -5.2% | 11,2 M € | -1.9% | 11,5 M € | +2.3% | 11,2 M € | +6.2% | 10,5 M € |
| Cash | 82,5 k € | -48.7% | 160,9 k € | +531% | 25,5 k € | -90.6% | 271 k € | -40.4% | 454,4 k € |
| Debts | 4,7 M € | -11.9% | 5,4 M € | +2.9% | 5,2 M € | +7.9% | 4,9 M € | +12.4% | 4,3 M € |
| Other | |||||||||
| Workforce | 3,4 ETP | -12.8% | 3,9 ETP | -51.2% | 8,0 ETP | -53.8% | 17,3 ETP | +8.1% | 16,0 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20252 active · 16 ended
Active mandates
Active
Stefanie Surmont
ActiveEnded mandates
Other companies at this address
Vakantiestraat 1 8434 Middelkerke| Company | CBE no. |
|---|---|
BELCOAST HOLIDAY HOMES● Active | 1005.703.621 |
Groep Zeegalm● Active | 0649.958.002 |
HOTEL INVESTMENT FUND● Active | 0701.732.345 |
| 0738.904.824 | |
WESTBAY HOTEL● Active | 0833.731.727 |
Financials
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 | 09/07/2026 | 29/08/2025 | 18/06/2024 | 27/07/2023 | 29/04/2022 | 05/07/2021 |
| General meeting | 29/06/2026 | 28/08/2025 | 04/06/2024 | 29/06/2023 | 21/04/2022 | 16/06/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 29/06/2026 | 09/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 28/08/2025 | 29/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 04/06/2024 | 18/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 29/06/2023 | 27/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 21/04/2022 | 29/04/2022 | Dutch | |
| Abridged model | 31/12/2020 | 16/06/2021 | 05/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 18/05/2020 | 11/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 15/06/2019 | 12/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 24/04/2018 | 07/05/2018 | Dutch | |
| Abridged model | 31/12/2016 | 29/05/2017 | 13/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 16/04/2016 | 13/05/2016 | Dutch | |
| Abridged model | 31/12/2014 | 18/08/2015 | 31/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 02/08/2014 | 27/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 17/03/2013 | 24/04/2013 | Dutch | |
| Abridged model | 31/12/2011 | 30/06/2012 | 30/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 18/06/2011 | 15/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 13/07/2010 | 28/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 27/08/2009 | 31/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 27/08/2008 | 29/08/2008 | Dutch | |
| Abridged model | 30/09/2006 | 17/03/2007 | 27/03/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20252 active · 16 ended
Active mandates
Active
Stefanie Surmont
ActiveEnded mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates15/09/2023ONTSLAGEN - BENOEMINGEN
- Restructuring27/08/2020MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring25/06/2020RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates01/06/2018ONTSLAGEN - BENOEMINGEN
- Mandates29/04/2013ONTSLAGEN - BENOEMINGEN
- Mandates12/09/2008ONTSLAGEN - BENOEMINGEN
- Other20/07/2007statutenwijziging
- Mandates10/07/2007ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025132,3 k €↑
- 2024Annual accounts 2024118,8 k €↑
- 2023Annual accounts 2023-114,2 k €↓
- 2022Annual accounts 2022100,1 k €↓
- 2021Annual accounts 2021445,4 k €↑
- 2018Annual accounts 2018-38,1 k €
- 02/06/1986IncorporationPublic limited company