ACTIVE

Flanders Hospitality

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Financial year 2025 · Closed on 30/11/2025

Net result164,4 k €-25,3 %over 1 year
Gross margin703,2 k €-2,7 %over 1 year
Equity3,7 M €+4,7 %over 1 year

Identity

Source · BCE/KBO

Flanders Hospitality is a Public limited company incorporated in 1990. Its main activity is: Hotels and similar accommodation. Its registered office is in Nieuwpoort.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0439.775.729
Incorporation
23/01/1990
Legal form
Public limited company
Registered office
Albert I laan 98
8620 Nieuwpoort · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
30/11/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin703,2 k €722,4 k €166,7 k €-36,6 k €-93,5 k €
EBITDA672,5 k €714,4 k €-141,2 k €-41,8 k €-94,2 k €
Operating result406,3 €42,9 k €-814 k €-41,8 k €-94,2 k €
Net result164,4 k €220,2 k €-676,9 k €293,4 k €30,9 k €
Balance sheet
Equity3,7 M €3,5 M €3,3 M €4 M €3,7 M €
Total assets26,5 M €27,3 M €27,9 M €4,8 M €6,4 M €
Cash26,9 k €2,7 k €34,3 €650 €31,7 €
Debts22,1 M €23 M €23,8 M €138 k €1,5 M €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/11/2025

2 active · 28 ended

Active mandates

NORTH SEA PROPERTIES

Director · since 21 avril 2026 · until 21 avril 2032 · 0439.459.983

Represented by Heline Cloet

Active
SEA COAST GROUP AC

Managing director · since 21 avril 2026 · until 21 avril 2032 · 0862.167.474

Represented by Adelin Cloet

Active

Ended mandates

NORTH SEA PROPERTIES

Director · since 29 décembre 2020 · until 15 avril 2026 · 0439.459.983

Represented by Heline Cloet

Ended
NORTH SEA PROPERTIES

Director · since 31 octobre 2018 · until 31 octobre 2023 · 0439.459.983

Represented by Heline Cloet

Ended
SEA COAST GROUP AC

Director · since 31 octobre 2018 · until 31 octobre 2023 · 0862.167.474

Represented by Adelin Cloet

Ended
SEA COAST GROUP AC

Director · since 31 octobre 2018 · until 31 octobre 2023 · 0862.167.474

Represented by Adelin Cloet

Ended

Other companies at this address

Albert I laan 98 8620 Nieuwpoort
CompanyCBE no.
BELGIUM FAMILY INVEST● Active
0865.974.923
BUNGOBEL● Active
0870.155.128
Dunehotel● Active
0747.529.411
Group AC BTWeenheid● Active
0687.627.357
H & D COMPANY● Active
0442.686.719
LOUIS INVEST● Active
0864.837.944
MONIRO● Active
0474.610.607
NORTH BUILDINGS● Active
0478.049.949
NORTH SEA PROPERTIES● Active
0439.459.983
NP Estate● Active
0783.257.479
Promotion and Building Company● Active
0466.872.579
Promotion Belgium● Active
0889.474.954
SEA COAST BEL● Active
0521.905.629
Sea Coast Belgium Project● Active
0886.407.180
SEA COAST CONSTRUCTION● Active
0540.961.476
SEA COAST GROUP AC● Active
0862.167.474
SEA COAST HORSES● Active
0521.905.926
VEDESCA● Active
0433.290.189
Vereniging van Mede-eigenaars Residentie Beau Sejour te Nieuwpoort, Albert I laan 98● Active
0889.663.412

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/12/202401/12/202301/12/202201/12/202101/12/202001/12/2019
Closing of the financial year30/11/202530/11/202430/11/202330/11/202230/11/202130/11/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/04/202620/05/202528/06/202426/05/202330/06/202206/05/2021
General meeting21/04/202615/04/202516/04/202418/04/202319/04/202220/04/2021
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/11/202521/04/202627/04/2026DutchPDF
Abridged model30/11/202415/04/202520/05/2025DutchPDF
Abridged model30/11/202316/04/202428/06/2024DutchPDF
Abridged model30/11/202218/04/202326/05/2023DutchPDF
Abridged model30/11/202119/04/202230/06/2022DutchPDF
Abridged model30/11/202020/04/202106/05/2021DutchPDF
Abridged model30/11/201921/04/202029/05/2020DutchPDF
Abridged model31/12/201717/05/201830/08/2018DutchPDF
Abridged model31/12/201616/05/201722/06/2017DutchPDF
Abridged model31/12/201517/05/201629/08/2016DutchPDF
Abridged model31/12/201419/05/201529/06/2015DutchPDF
Abridged model31/12/201320/05/201431/07/2014DutchPDF
Abridged model31/12/201221/05/201318/07/2013DutchPDF
Abridged model31/12/201115/05/201225/06/2012DutchPDF
Abridged model31/12/201017/05/201115/07/2011DutchPDF
Abridged model31/12/200918/05/201022/07/2010DutchPDF
Abridged model31/12/200824/03/200929/04/2009DutchPDF
Abridged model31/12/200720/05/200818/07/2008DutchPDF
Abridged model31/12/200623/04/200711/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/11/2025

2 active · 28 ended

Active mandates

NORTH SEA PROPERTIES

Director · since 21 avril 2026 · until 21 avril 2032 · 0439.459.983

Represented by Heline Cloet

Active
SEA COAST GROUP AC

Managing director · since 21 avril 2026 · until 21 avril 2032 · 0862.167.474

Represented by Adelin Cloet

Active

Ended mandates

NORTH SEA PROPERTIES

Director · since 29 décembre 2020 · until 15 avril 2026 · 0439.459.983

Represented by Heline Cloet

Ended
NORTH SEA PROPERTIES

Director · since 31 octobre 2018 · until 31 octobre 2023 · 0439.459.983

Represented by Heline Cloet

Ended
SEA COAST GROUP AC

Director · since 31 octobre 2018 · until 31 octobre 2023 · 0862.167.474

Represented by Adelin Cloet

Ended
SEA COAST GROUP AC

Director · since 31 octobre 2018 · until 31 octobre 2023 · 0862.167.474

Represented by Adelin Cloet

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/02/2021
    WIJZIGING RECHTSVORM - BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/12/2018
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates29/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/08/2018
    DIVERSEN
    PDF
  • Mandates29/03/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/07/2014
    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 2025164,4 k €↓
  2. 2024
    Annual accounts 2024220,2 k €↑
  3. 2023
    Annual accounts 2023-676,9 k €↓
  4. 2022
    Annual accounts 2022293,4 k €↑
  5. 2021
    Annual accounts 202130,9 k €↑
  6. 2020
    Annual accounts 2020-9,6 k €↓
  7. 2019
    Annual accounts 20193,7 M €↑
  8. 2017
    Annual accounts 2017111,9 k €↑
  9. 2015
    Annual accounts 201555,9 k €↑
  10. 2014
    Annual accounts 201451,4 k €↓
  11. 2013
    Annual accounts 201351,5 k €↓
  12. 2012
    Annual accounts 2012439,1 k €↑
  13. 2011
    Annual accounts 2011393,1 k €↑
  14. 2010
    Annual accounts 2010174,7 k €↑
  15. 2009
    Annual accounts 20094,5 k €↓
  16. 2008
    Annual accounts 2008122,4 k €↑
  17. 2007
    Annual accounts 2007-127,2 k €↓
  18. 2006
    Annual accounts 200647,1 k €
  19. 23/01/1990
    IncorporationPublic limited company