ACTIVE

Hotel Development City Center

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Financial year 2024 · Closed on 31/12/2024

Net result118 k €+95,4 %over 1 year
Revenue3,3 M €-2,3 %over 1 year
Equity-190,6 k €+38,2 %over 1 year
Workforce19,1 ETP+1,6 %over 1 year

Identity

Source · BCE/KBO

Hotel Development City Center is a Public limited company incorporated in 2016. Its main activity is: Hotels and similar accommodation. Its registered office is in Gent. It employs on average 19,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0657.886.365
Incorporation
30/06/2016
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
19,1 ETP
Joint committees (1)
  • 302
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20242023202220212020
Income statement
Revenue3,3 M €3,4 M €3,5 M €2,7 M €1,4 M €
EBITDA179,9 k €275,3 k €521,4 k €610,8 k €-187 k €
Operating result119,8 k €63,9 k €222,1 k €62,9 k €-711 k €
Net result118 k €60,4 k €217,1 k €28,1 k €-702,1 k €
Balance sheet
Equity-190,6 k €-308,6 k €-369 k €-586 k €-614,1 k €
Total assets611,9 k €515,9 k €719,4 k €862,2 k €1,2 M €
Cash371,3 k €266,5 k €249,8 k €16,5 k €77,1 k €
Debts602,2 k €551,2 k €820,4 k €1,2 M €1,7 M €
Other
Workforce19,1 ETP18,8 ETP17,9 ETP18,6 ETP14,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 8 ended

Active mandates

Bouke Koppert

Director · since 28 juin 2024 · until 28 juin 2030

Active
James Joseph Murphy

Director · since 28 juin 2024 · until 28 juin 2030

Active
Betty Houben

Director · since 21 janvier 2020 · until 30 juin 2026

Active

Ended mandates

Betty Houben

Director · since 21 janvier 2020 · until 30 mai 2026

Ended
Bouke Koppert

Director · since 28 juin 2016 · until 30 mai 2024

Ended
Bouke Koppert

Director · since 28 juin 2016 · until 28 juin 2024

Ended
James Joseph Murphy

Director · since 28 juin 2016 · until 30 mai 2024

Ended

Other companies at this address

Drongenplein 26 9031 Gent
CompanyCBE no.
EHRS● Active
0837.775.934
HOTEL DEVELOPMENT LIDO● Active
0552.951.567
Hotel Development Oudenaarde● Active
0536.237.972
Hotel Development Queen Astrid● Active
0654.843.931
Hotel Development Veemarkt● Active
0538.691.280
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, 8 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

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 8 ended

Active mandates

Bouke Koppert

Director · since 28 juin 2024 · until 28 juin 2030

Active
James Joseph Murphy

Director · since 28 juin 2024 · until 28 juin 2030

Active
Betty Houben

Director · since 21 janvier 2020 · until 30 juin 2026

Active

Ended mandates

Betty Houben

Director · since 21 janvier 2020 · until 30 mai 2026

Ended
Bouke Koppert

Director · since 28 juin 2016 · until 30 mai 2024

Ended
Bouke Koppert

Director · since 28 juin 2016 · until 28 juin 2024

Ended
James Joseph Murphy

Director · since 28 juin 2016 · until 30 mai 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • 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
  • Registered office04/01/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other04/07/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2024118 k €↑
  2. 2023
    Annual accounts 202360,4 k €↓
  3. 2022
    Annual accounts 2022217,1 k €↑
  4. 2021
    Annual accounts 202128,1 k €↑
  5. 2020
    Annual accounts 2020-702,1 k €↓
  6. 2019
    Annual accounts 20193,8 k €↓
  7. 2018
    Annual accounts 20188 k €↓
  8. 2017
    Annual accounts 201714,7 k €
  9. 30/06/2016
    IncorporationPublic limited company