ACTIVE

ASHG Ghent

Financial year 2025 · Closed on 31/12/2025

Net result-1,2 M €-90,5 %over 1 year
Revenue4,8 M €-19,6 %over 1 year
Equity-1,2 M €-1 929,9 %over 1 year
Workforce46,0 ETP-6,5 %over 1 year

Identity

Source · BCE/KBO

ASHG Ghent is a Public limited company incorporated in 1988. Its main activity is: Hotels and similar accommodation. Its registered office is in Gent. It employs on average 46,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0434.593.157
Incorporation
15/06/1988
Legal form
Public limited company
Registered office
Maaltekouter 3
9051 Gent · FlandreSee on map
Contributed capital
1 124 562,11 €
Latest accounts
31/12/2025
Average workforce
46,0 ETP
Joint committees (1)
  • 302
Contacts
1 public detail availableLog in to view
Signals
Good liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue4,8 M €6 M €5,8 M €4,5 M €1,8 M €
EBITDA-422,1 k €497,5 k €794,1 k €307,3 k €-28,1 k €
Operating result-786,6 k €119,9 k €430,3 k €-67,8 k €-442,4 k €
Net result-1,2 M €-617,4 k €245 k €-231,5 k €-582,6 k €
Balance sheet
Equity-1,2 M €-60,9 k €556,5 k €311,5 k €543 k €
Total assets11,9 M €8,5 M €8,2 M €7,7 M €7,7 M €
Cash861,8 k €107 k €62,6 k €500,9 k €86,3 k €
Debts13 M €8,4 M €7,6 M €7,3 M €7,2 M €
Other
Workforce46,0 ETP49,2 ETP47,6 ETP47,1 ETP44,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 42 ended

Active mandates

André Guettouche

Director · since 30 septembre 2024 · until 27 mai 2030

Active
Steven Lewerenz

Director · since 30 septembre 2024 · until 27 mai 2030

Active

Ended mandates

Christophe Tans

Director · since 24 mars 2027 · until 24 mars 2023

Ended
Jorrit de Jong

Director · since 20 mars 2019 · until 07 mai 2024

Ended
Jorrit de Jong

Director · since 20 mars 2019 · until 28 juin 2024

Ended
Jorrit de Jong

Director · since 20 mars 2019 · until 30 septembre 2024

Ended

Other companies at this address

Maaltekouter 3 9051 Gent
CompanyCBE no.
0426.762.782
0471.729.608
ASHG Belgium● Active
0720.681.096

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 date08/06/202624/06/202517/07/202413/06/202324/06/202207/06/2021
General meeting26/05/202618/06/202528/06/202423/05/202324/05/202225/05/2021
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
Full model31/12/202526/05/202608/06/2026DutchPDF
Full model31/12/202418/06/202524/06/2025DutchPDF
Full model31/12/202328/06/202417/07/2024DutchPDF
Full model31/12/202223/05/202313/06/2023DutchPDF
Full model31/12/202124/05/202224/06/2022DutchPDF
Full model31/12/202025/05/202107/06/2021DutchPDF
Full model31/12/201926/05/202008/06/2020DutchPDF
Full model31/12/201828/05/201911/06/2019DutchPDF
Full model31/12/201722/05/201818/06/2018DutchPDF
Full model31/12/201630/06/201730/06/2017DutchPDF
Full model31/12/201524/05/201608/06/2016DutchPDF
Full model31/12/201430/06/201515/07/2015DutchPDF
Full model31/12/201327/05/201425/06/2014DutchPDF
Full model31/12/201207/05/201330/05/2013DutchPDF
Full model31/12/201122/05/201214/06/2012DutchPDF
Full model31/12/201030/06/201111/07/2011DutchPDF
Full model31/12/200930/06/201028/07/2010DutchPDF
Full model31/12/200805/05/200929/07/2009DutchPDF
Full model31/12/200706/05/200828/05/2008DutchPDF
Full model31/12/200602/05/200711/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

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

2 active · 42 ended

Active mandates

André Guettouche

Director · since 30 septembre 2024 · until 27 mai 2030

Active
Steven Lewerenz

Director · since 30 septembre 2024 · until 27 mai 2030

Active

Ended mandates

Christophe Tans

Director · since 24 mars 2027 · until 24 mars 2023

Ended
Jorrit de Jong

Director · since 20 mars 2019 · until 07 mai 2024

Ended
Jorrit de Jong

Director · since 20 mars 2019 · until 28 juin 2024

Ended
Jorrit de Jong

Director · since 20 mars 2019 · until 30 septembre 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates17/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares31/12/2019
    KAPITAAL - AANDELEN
    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 2025-1,2 M €↓
  2. 2024
    Annual accounts 2024-617,4 k €↓
  3. 2024
    Name changeASHG Ghent
  4. 2023
    Annual accounts 2023245 k €↑
  5. 2022
    Annual accounts 2022-231,5 k €↑
  6. 2021
    Annual accounts 2021-582,6 k €↑
  7. 2021
    Name changeINTERNATIONAL HOTEL DEVELOPMENT FLANDERS NV
  8. 2020
    Annual accounts 2020-1,2 M €↓
  9. 2019
    Annual accounts 2019332,9 k €↓
  10. 2018
    Annual accounts 2018707 k €↑
  11. 2017
    Annual accounts 2017383,5 k €↑
  12. 2016
    Annual accounts 2016-70,7 k €↓
  13. 2015
    Annual accounts 2015203,1 k €↑
  14. 2014
    Annual accounts 2014138,3 k €↓
  15. 2013
    Annual accounts 2013246,6 k €↑
  16. 2012
    Annual accounts 201292,1 k €↓
  17. 2011
    Annual accounts 2011308,5 k €↓
  18. 2010
    Annual accounts 2010349 k €↑
  19. 2009
    Annual accounts 2009177,7 k €↓
  20. 2008
    Annual accounts 2008477,9 k €↑
  21. 2007
    Annual accounts 2007-583,9 k €↓
  22. 2006
    Annual accounts 2006-32,8 k €
  23. 15/06/1988
    IncorporationPublic limited company