ACTIVE

Hotel Development Veemarkt

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Financial year 2024 · Closed on 31/12/2024

Net result438,8 k €+674,3 %over 1 year
Revenue2,2 M €-8,9 %over 1 year
Equity244,9 k €+688,0 %over 1 year
Workforce15,2 ETP+15,2 %over 1 year

Identity

Source · BCE/KBO

Hotel Development Veemarkt is a Public limited company incorporated in 2013. Its main activity is: Hotels and similar accommodation. Its registered office is in Gent. It employs on average 15,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0538.691.280
Incorporation
11/09/2013
Legal form
Public limited company
Registered office
Drongenplein 26 box D
9031 Gent · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2024
Average workforce
15,2 ETP
Joint committees (1)
  • 302
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20242023202220212020
Income statement
Revenue2,2 M €2,4 M €1,9 M €1,2 M €745 k €
EBITDA634,4 k €294,9 k €253,1 k €335,4 k €-242,7 k €
Operating result443,5 k €82,5 k €49,9 k €135,5 k €-426,1 k €
Net result438,8 k €56,7 k €44,6 k €98,9 k €-401,7 k €
Balance sheet
Equity244,9 k €31,1 k €-25,6 k €-70,2 k €-169,1 k €
Total assets1 M €1,2 M €1,2 M €982,9 k €963,9 k €
Cash143,7 k €398,7 k €200 k €19,6 k €44,6 k €
Debts713,3 k €604,3 k €630,6 k €475,7 k €755,5 k €
Other
Workforce15,2 ETP13,2 ETP13,3 ETP14,0 ETP12,4 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 31/12/2024

3 active · 12 ended

Active mandates

Bouke Koppert

Director · since 05 avril 2025 · until 30 juin 2031

Active
Stephen John Loftus

Director · since 05 avril 2025 · until 30 juin 2031

Active
Betty Houben

Director · since 21 janvier 2020 · until 30 juin 2026

Active

Ended mandates

Betty Houben

Director · since 21 janvier 2020 · until 31 mai 2026

Ended
Bouke Koppert

Director · since 04 avril 2019 · until 04 avril 2025

Ended
James Joseph Murphy

Director · since 04 avril 2019 · until 04 avril 2025

Ended
Stephen John Loftus

Director · since 04 avril 2019 · until 04 avril 2025

Ended

Other companies at this address

Drongenplein 26 9031 Gent
CompanyCBE no.
EHRS● Active
0837.775.934
Hotel Development City Center● Active
0657.886.365
HOTEL DEVELOPMENT LIDO● Active
0552.951.567
Hotel Development Oudenaarde● Active
0536.237.972
Hotel Development Queen Astrid● Active
0654.843.931
ICON CONSULTING● Active
0836.114.660
Jobbrands● Active
0568.770.188
OORVERBLINDEND● Active
0874.164.691
Oude Abdij van Drongen● Active
0408.490.160
Prem Hotels● Active
0897.712.333
ZEST CONSULTING● Active
0836.155.440

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/07/202518/07/202427/06/202308/07/202212/08/202124/09/2020
General meeting30/06/202528/06/202427/06/202328/06/202227/07/202125/08/2020
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, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202502/07/2025DutchPDF
Abridged model31/12/202328/06/202418/07/2024DutchPDF
Full model31/12/202227/06/202327/06/2023DutchPDF
Full model31/12/202128/06/202208/07/2022DutchPDF
Full model31/12/202027/07/202112/08/2021DutchPDF
Full model31/12/201925/08/202024/09/2020DutchPDF
Full model31/12/201825/09/201930/09/2019DutchPDF
Full model31/12/201723/07/201830/08/2018DutchPDF
Full model31/12/201623/06/201730/06/2017DutchPDF
Full model31/12/201526/05/201605/07/2016DutchPDF
Full model31/12/201415/06/201510/07/2015DutchPDF

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 31/12/2024

3 active · 12 ended

Active mandates

Bouke Koppert

Director · since 05 avril 2025 · until 30 juin 2031

Active
Stephen John Loftus

Director · since 05 avril 2025 · until 30 juin 2031

Active
Betty Houben

Director · since 21 janvier 2020 · until 30 juin 2026

Active

Ended mandates

Betty Houben

Director · since 21 janvier 2020 · until 31 mai 2026

Ended
Bouke Koppert

Director · since 04 avril 2019 · until 04 avril 2025

Ended
James Joseph Murphy

Director · since 04 avril 2019 · until 04 avril 2025

Ended
Stephen John Loftus

Director · since 04 avril 2019 · until 04 avril 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/01/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares28/08/2015
    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. 2024
    Annual accounts 2024438,8 k €↑
  2. 2023
    Annual accounts 202356,7 k €↑
  3. 2022
    Annual accounts 202244,6 k €↓
  4. 2021
    Annual accounts 202198,9 k €↑
  5. 2020
    Annual accounts 2020-401,7 k €↓
  6. 2019
    Annual accounts 201961,5 k €↑
  7. 2018
    Annual accounts 201835,1 k €↑
  8. 2017
    Annual accounts 20177,4 k €↓
  9. 2016
    Annual accounts 201625,5 k €↓
  10. 2015
    Annual accounts 201535,5 k €↑
  11. 2014
    Annual accounts 20146,1 k €
  12. 11/09/2013
    IncorporationPublic limited company