ACTIVE

FLANDERS HOTEL

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Financial year 2025 · closed on 31/12/2025

Net result

194,2 k €

-46.9% YoY

Gross margin

1 M €

-23.3% YoY

Equity

1,2 M €

+8.5% YoY

Workforce

12,6 ETP

+15.6% YoY

What does FLANDERS HOTEL do?

FLANDERS HOTEL is a Public limited company incorporated in 1999. Its registered office is in Brugge. It employs on average 12,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0467.280.771

Incorporation

15/11/1999

Legal form

Public limited company

Registered office

Langestraat 38
8000 Brugge · FlandreSee on map

Contributed capital

371 840,29 €

Latest accounts

31/12/2025

Average workforce

12,6 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1 M €	-23.3%	1,3 M €	+13.8%	1,2 M €	+5.0%	1,1 M €	+137%	463,6 k €	-62.1%	1,2 M €	+16.4%	1 M €	+40.0%	749,9 k €	-35.2%	1,2 M €	+2.5%	1,1 M €	+8.1%	1 M €	+6.1%	984,5 k €	+3.3%	952,9 k €	-7.0%	1 M €	+20.0%	854 k €	+33.6%	639,4 k €	+27.2%	502,6 k €	-14.9%	590,6 k €
EBITDA	354,1 k €	-47.7%	677,5 k €	+11.9%	605,5 k €	-9.8%	671 k €	+250%	191,9 k €	-68.4%	607,9 k €	+35.8%	447,5 k €	+363%	96,7 k €	-79.3%	466,2 k €	-1.6%	473,7 k €	+102%	235 k €	+21.0%	194,2 k €	-41.3%	330,9 k €	-27.4%	455,5 k €	+31.1%	347,4 k €	+27.8%	271,8 k €	+56.8%	173,3 k €	-40.5%	291,3 k €
Operating result	257,6 k €	-54.9%	571,3 k €	+14.7%	498,1 k €	-10.8%	558,1 k €	+908%	55,4 k €	-85.8%	389,8 k €	+86.9%	208,6 k €	+205%	-199,6 k €	-200%	199,3 k €	-3.1%	205,7 k €	+527%	-48,1 k €	+46.4%	-89,8 k €	-260%	56 k €	-70.0%	186,8 k €	+133%	80,3 k €	+137%	33,9 k €	+248%	9,8 k €	-92.4%	127,8 k €
Net result	194,2 k €	-46.9%	365,4 k €	-9.3%	403 k €	-23.7%	528,1 k €	+1327%	37 k €	-86.3%	270,2 k €	+76.8%	152,9 k €	+162%	-245,8 k €	-278%	137,9 k €	-3.8%	143,3 k €	+271%	-83,7 k €	+51.1%	-171,1 k €	-599%	-24,5 k €	-126%	93,9 k €	+568%	-20,1 k €	+49.3%	-39,6 k €	+53.1%	-84,3 k €	-327%	37,1 k €
Balance sheet
Equity	1,2 M €	+8.5%	1,1 M €	+52.4%	697,3 k €	+41.1%	494,2 k €	+1559%	-33,9 k €	-107%	481,5 k €	+128%	211,3 k €	+184%	74,4 k €	-76.8%	320,2 k €	+75.6%	182,3 k €	+367%	39 k €	-68.2%	122,7 k €	-58.2%	293,8 k €	-7.7%	318,2 k €	+41.9%	224,3 k €	-8.2%	244,4 k €	-13.9%	283,9 k €	-22.9%	368,2 k €
Total assets	1,8 M €	+2.3%	1,7 M €	-5.8%	1,8 M €	+13.9%	1,6 M €	+1.9%	1,6 M €	-32.0%	2,3 M €	+6.3%	2,2 M €	-2.4%	2,2 M €	-5.2%	2,3 M €	-0.2%	2,4 M €	+1.6%	2,3 M €	-13.8%	2,7 M €	-7.0%	2,9 M €	-4.7%	3 M €	-2.5%	3,1 M €	-2.0%	3,2 M €	+15.0%	2,8 M €	+23.6%	2,2 M €
Cash	706,1 k €	+0.0%	706,1 k €	+15.8%	609,9 k €	+31.6%	463,4 k €	+97.3%	234,9 k €	-70.9%	806,7 k €	+55.0%	520,4 k €	+36.7%	380,6 k €	-20.6%	479,1 k €	+44.3%	331,9 k €	+231%	100,4 k €	-48.3%	194,1 k €	-40.4%	325,9 k €	-6.9%	350 k €	+66.1%	210,7 k €	+29.7%	162,4 k €	-76.4%	689,4 k €	+56.0%	442,1 k €
Debts	588,5 k €	-7.6%	637,2 k €	-41.9%	1,1 M €	-0.8%	1,1 M €	-30.9%	1,6 M €	-12.2%	1,8 M €	-6.8%	2 M €	-8.8%	2,1 M €	+6.0%	2 M €	-6.4%	2,2 M €	-4.6%	2,3 M €	-10.3%	2,5 M €	-0.8%	2,5 M €	-4.6%	2,7 M €	-5.5%	2,8 M €	-0.6%	2,8 M €	+20.9%	2,4 M €	+36.5%	1,7 M €
Other
Workforce	12,6 ETP	+15.6%	10,9 ETP	-6.8%	11,7 ETP	+8.3%	10,8 ETP	-13.6%	12,5 ETP	-18.3%	15,3 ETP	-7.8%	16,6 ETP	-2.4%	17,0 ETP	+3.0%	16,5 ETP	+12.2%	14,7 ETP	-18.3%	18,0 ETP	-5.8%	19,1 ETP	+11.7%	17,1 ETP	+2.4%	16,7 ETP	+22.8%	13,6 ETP	+19.3%	11,4 ETP	+10.7%	10,3 ETP	+2.0%	10,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 33 ended

Active mandates

LOFTEK

Managing director · since 01 décembre 2024 · until 31 mai 2030 · 0642.743.477

Represented by Jan Teughels

Active

MARIGOT INVEST

Managing director · since 01 décembre 2024 · until 31 mai 2030 · 0533.908.784

Represented by Kristien Verhaeghe

Active

VEKAFLO

Director · since 01 décembre 2024 · until 31 mai 2030 · 1014.846.860

Represented by Katrien Verhaeghe

Active

Ended mandates

Katrien Verhaeghe

Director · since 16 août 2021 · until 31 décembre 2024

Ended

LOFTEK

Managing director · since 14 février 2018 · until 31 décembre 2024 · 0642.743.477

Represented by Jan Teughels

Ended

LOFTEK

Managing director · since 14 février 2018 · until 31 décembre 2024 · 0642.743.477

Represented by Jan Teughels

Ended

LOFTEK

Managing director · since 14 février 2018 · until 31 décembre 2024 · 0642.743.477

Represented by Jan Teughels

Ended

At this address

Other companies at this address

Company	CBE no.
Best Belgium Hotels● Liquidation	0441.252.307

Annual accounts

Full financial information

	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	07/07/2026	30/06/2025	12/07/2024	26/06/2023	25/07/2022	19/07/2021
General meeting	30/06/2026	30/05/2025	30/06/2024	26/05/2023	30/06/2022	30/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	07/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	12/07/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	26/06/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	25/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	19/07/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	06/10/2020	Dutch	PDF
Abridged model	31/12/2018	31/07/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	19/06/2018	19/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	06/07/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	07/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	15/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	17/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	18/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	30/05/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 33 ended

Active mandates

LOFTEK

Managing director · since 01 décembre 2024 · until 31 mai 2030 · 0642.743.477

Represented by Jan Teughels

Active

MARIGOT INVEST

Managing director · since 01 décembre 2024 · until 31 mai 2030 · 0533.908.784

Represented by Kristien Verhaeghe

Active

VEKAFLO

Director · since 01 décembre 2024 · until 31 mai 2030 · 1014.846.860

Represented by Katrien Verhaeghe

Active

Ended mandates

Katrien Verhaeghe

Director · since 16 août 2021 · until 31 décembre 2024

Ended

LOFTEK

Managing director · since 14 février 2018 · until 31 décembre 2024 · 0642.743.477

Represented by Jan Teughels

Ended

LOFTEK

Managing director · since 14 février 2018 · until 31 décembre 2024 · 0642.743.477

Represented by Jan Teughels

Ended

LOFTEK

Managing director · since 14 février 2018 · until 31 décembre 2024 · 0642.743.477

Represented by Jan Teughels

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other29/03/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates01/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/07/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/07/2005
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025194,2 k €↓
2024
Annual accounts 2024365,4 k €↓
2023
Annual accounts 2023403 k €↓
2022
Annual accounts 2022528,1 k €↑
2021
Annual accounts 202137 k €↓
2018
Annual accounts 2018270,2 k €↑
2017
Annual accounts 2017152,9 k €↑
2016
Annual accounts 2016-245,8 k €↓
2015
Annual accounts 2015137,9 k €↓
2014
Annual accounts 2014143,3 k €↑
2013
Annual accounts 2013-83,7 k €↑
2012
Annual accounts 2012-171,1 k €↓
2011
Annual accounts 2011-24,5 k €↓
2010
Annual accounts 201093,9 k €↑
2009
Annual accounts 2009-20,1 k €↑
2008
Annual accounts 2008-39,6 k €↑
2007
Annual accounts 2007-84,3 k €↓
2006
Annual accounts 200637,1 k €
15/11/1999
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FLANDERS HOTEL

Overview

What does FLANDERS HOTEL do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline