ACTIVE

VDB Hotels (SRL)

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Financial year 2025 · closed on 31/12/2025
Net result
56,1 k €
+151.1% YoY
Gross margin
2,8 M €
-7.0% YoY
Equity
1,5 M €
+3.9% YoY
Workforce
44,1 ETP
+2.1% YoY

What does VDB Hotels do?

VDB Hotels is a Private limited company incorporated in 2015. Its main activity is: Hotels and similar accommodation. Its registered office is in Gent. It employs on average 44,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0643.547.488
Incorporation
23/11/2015
Legal form
Private limited company
Registered office
Amelia Earhartlaan 2 box 201
9051 Gent · FlandreSee on map
Contributed capital
5 000 000,00 €
Latest accounts
31/12/2025
Average workforce
44,1 ETP
Activities (NACE)
55100Hotels and similar accommodation· main55100Hotels and similar accommodation56301Beverage serving activities56301Beverage serving activities
Joint committees (1)
  • 302
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212019201820172016
Income statement
Gross margin2,8 M €3,1 M €2,8 M €2,5 M €171,6 k €3,2 M €3,1 M €1,9 M €-172,6 k €
EBITDA614,4 k €844,6 k €815,8 k €875,2 k €-368,4 k €1 M €1 M €106,9 k €-217,8 k €
Operating result162,1 k €7,7 k €-12,9 k €12,3 k €-1,2 M €180,5 k €169,8 k €105,2 k €-217,8 k €
Net result56,1 k €-109,7 k €-130,6 k €-125,6 k €-1,4 M €59,8 k €40,4 k €12,9 k €-218,3 k €
Balance sheet
Equity1,5 M €1,4 M €1,5 M €1,7 M €1,8 M €394,7 k €334,9 k €294,6 k €281,7 k €
Total assets6,7 M €7,1 M €8,1 M €9,1 M €8,7 M €11,2 M €12,3 M €11,8 M €3,7 M €
Cash645,7 k €972,2 k €880,4 k €1,1 M €426,3 k €917,1 k €970,1 k €584,1 k €6,4 k €
Debts5,2 M €5,7 M €6,5 M €7,4 M €6,8 M €10,8 M €11,8 M €11,4 M €3,3 M €
Other
Workforce44,1 ETP43,2 ETP39,3 ETP35,2 ETP26,2 ETP49,4 ETP42,5 ETP35,5 ETP0,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Koenraad Belsack

Director · since 02 juillet 2018

Active
VD SOLUTIONS

Director · since 20 novembre 2015 · 0479.925.712

Represented by Tom VAN DAMME

Active

Ended mandates

Koenraad Belsack

Manager · since 02 juillet 2018

Ended
FEGEPRO

Manager · since 20 novembre 2015 · 0448.815.238

Represented by Koenraad Belsack

Ended
VD SOLUTIONS

Manager · since 20 novembre 2015 · 0479.925.712

Represented by Koenraad Belsack

Ended
FEGEPRO

Manager · until 02 juillet 2018 · 0448.815.238

Represented by Koenraad Belsack

Ended
At this address

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BIOTECH ENGINEERING● Active
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date26/08/202629/07/202523/07/202427/07/202330/09/202231/08/2021
General meeting30/07/202626/07/202511/07/202427/07/202329/09/202219/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/07/202626/08/2026DutchPDF
Abridged model31/12/202426/07/202529/07/2025DutchPDF
Abridged model31/12/202311/07/202423/07/2024DutchPDF
Abridged model31/12/202227/07/202327/07/2023DutchPDF
Abridged model31/12/202129/09/202230/09/2022DutchPDF
Abridged model31/12/202019/08/202131/08/2021DutchPDF
Abridged model31/12/201925/09/202014/10/2020DutchPDF
Abridged model31/12/201811/06/201925/07/2019DutchPDF
Abridged model31/12/201712/06/201828/08/2018DutchPDF
Abridged model31/12/201613/06/201731/08/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 5 ended

Active mandates

Koenraad Belsack

Director · since 02 juillet 2018

Active
VD SOLUTIONS

Director · since 20 novembre 2015 · 0479.925.712

Represented by Tom VAN DAMME

Active

Ended mandates

Koenraad Belsack

Manager · since 02 juillet 2018

Ended
FEGEPRO

Manager · since 20 novembre 2015 · 0448.815.238

Represented by Koenraad Belsack

Ended
VD SOLUTIONS

Manager · since 20 novembre 2015 · 0479.925.712

Represented by Koenraad Belsack

Ended
FEGEPRO

Manager · until 02 juillet 2018 · 0448.815.238

Represented by Koenraad Belsack

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office19/04/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/11/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202556,1 k €↑
  2. 2024
    Annual accounts 2024-109,7 k €↑
  3. 2023
    Annual accounts 2023-130,6 k €↓
  4. 2022
    Annual accounts 2022-125,6 k €↑
  5. 2021
    Annual accounts 2021-1,4 M €↓
  6. 2019
    Annual accounts 201959,8 k €↑
  7. 2018
    Annual accounts 201840,4 k €↑
  8. 2017
    Annual accounts 201712,9 k €↑
  9. 2016
    Annual accounts 2016-218,3 k €
  10. 23/11/2015
    IncorporationPrivate limited company