ACTIVE

Ghent River Hotel

Financial year 2025 · Closed on 30/09/2025

Net result421 k €+52,7 %over 1 year
Gross margin1,9 M €+20,3 %over 1 year
Equity1,7 M €+4,4 %over 1 year
Workforce24,1 ETP+18,7 %over 1 year

Identity

Source · BCE/KBO

Ghent River Hotel is a Public limited company incorporated in 1989. Its main activity is: Hotels and similar accommodation. Its registered office is in Gent. It employs on average 24,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0437.528.693
Incorporation
18/05/1989
Legal form
Public limited company
Registered office
Waaistraat +5
9000 Gent · FlandreSee on map
Contributed capital
1 600 000,00 €
Latest accounts
30/09/2025
Average workforce
24,1 ETP
Joint committees (5)
  • 100
  • 124
  • 200
  • 218
  • 302
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 13 financial years

20252024202320222015
Income statement
Gross margin1,9 M €1,6 M €1,7 M €1,3 M €–
EBITDA536,4 k €401,3 k €567,9 k €463,6 k €344 k €
Operating result414,4 k €293 k €251,5 k €145,8 k €48,1 k €
Net result421 k €275,7 k €275,4 k €156,3 k €55,6 k €
Balance sheet
Equity1,7 M €1,6 M €1,3 M €1,1 M €2,2 M €
Total assets3,1 M €2,9 M €3,4 M €3,5 M €3,8 M €
Cash190,6 k €108,9 k €68,6 k €83,9 k €92,8 k €
Debts1,5 M €1,3 M €2,1 M €2,4 M €1,4 M €
Other
Workforce24,1 ETP20,3 ETP21,2 ETP19,9 ETP22,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 21 ended

Active mandates

FLODER

Bestuurder · since 01 janvier 2026 · until 31 décembre 2031 · 0450.460.674

Represented by Thomas De Witte

Active
Florence De Witte

Bestuurder · since 18 mars 2021 · until 01 janvier 2026

Active
Philippe Destray

Bestuurder · since 18 mars 2021 · until 01 janvier 2026

Active

Ended mandates

FLODER

Bestuurder · since 18 mars 2021 · until 18 mars 2027 · 0450.460.674

Represented by Thomas De Witte

Ended
FLODER

Managing director · since 18 mars 2021 · until 18 mars 2027 · 0450.460.674

Represented by Thomas De Witte

Ended
FLODER NV

Bestuurder · since 18 mars 2021 · until 18 mars 2027

Represented by Thomas De Witte

Ended
Florence De Witte

Bestuurder · since 18 mars 2021 · until 18 mars 2027

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/03/202625/04/202516/04/202408/04/202431/03/202211/05/2021
General meeting17/03/202618/03/202509/04/202427/03/202415/03/202216/03/2021
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 model30/09/202517/03/202626/03/2026DutchPDF
Abridged model30/09/202418/03/202525/04/2025DutchPDF
Abridged model30/09/202309/04/202416/04/2024DutchPDF
Abridged modelCorrection30/09/202227/03/202408/04/2024DutchPDF
Abridged model30/09/202221/03/202322/03/2023DutchPDF
Abridged model30/09/202115/03/202231/03/2022DutchPDF
Abridged model30/09/202016/03/202111/05/2021DutchPDF
Abridged model30/09/201927/04/202011/05/2020DutchPDF
Abridged model30/09/201829/04/201902/05/2019DutchPDF
Abridged model30/09/201730/05/201812/06/2018DutchPDF
Full model30/09/201621/03/201703/05/2017DutchPDF
Full model30/09/201508/06/201630/06/2016DutchPDF
Full model30/09/201417/03/201527/10/2016DutchPDF
Full model30/09/201318/03/201427/04/2014DutchPDF
Full model30/09/201219/03/201320/04/2013DutchPDF
Full model30/09/201120/03/201207/04/2012DutchPDF
Abridged model30/09/201015/03/201118/03/2011DutchPDF
Abridged model30/09/200916/03/201030/03/2010DutchPDF
Abridged model31/12/200730/05/200802/06/2008DutchPDF
Abridged model31/12/200625/05/200731/05/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 21 ended

Active mandates

FLODER

Bestuurder · since 01 janvier 2026 · until 31 décembre 2031 · 0450.460.674

Represented by Thomas De Witte

Active
Florence De Witte

Bestuurder · since 18 mars 2021 · until 01 janvier 2026

Active
Philippe Destray

Bestuurder · since 18 mars 2021 · until 01 janvier 2026

Active

Ended mandates

FLODER

Bestuurder · since 18 mars 2021 · until 18 mars 2027 · 0450.460.674

Represented by Thomas De Witte

Ended
FLODER

Managing director · since 18 mars 2021 · until 18 mars 2027 · 0450.460.674

Represented by Thomas De Witte

Ended
FLODER NV

Bestuurder · since 18 mars 2021 · until 18 mars 2027

Represented by Thomas De Witte

Ended
Florence De Witte

Bestuurder · since 18 mars 2021 · until 18 mars 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares25/01/2012
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates11/02/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/12/2008
    ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares04/01/2007
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates28/06/2006
    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 2025421 k €↑
  2. 2024
    Annual accounts 2024275,7 k €↑
  3. 2023
    Annual accounts 2023275,4 k €↑
  4. 2022
    Annual accounts 2022156,3 k €↑
  5. 2015
    Annual accounts 201555,6 k €↑
  6. 2014
    Annual accounts 2014-25,2 k €↓
  7. 2013
    Annual accounts 2013694,3 €↓
  8. 2012
    Annual accounts 2012167,1 k €↓
  9. 2011
    Annual accounts 2011206,5 k €↑
  10. 2010
    Annual accounts 201051,3 k €↑
  11. 2009
    Annual accounts 200943,2 k €↓
  12. 2007
    Annual accounts 200767,1 k €↓
  13. 2006
    Annual accounts 2006181,1 k €
  14. 18/05/1989
    IncorporationPublic limited company