ACTIVE

UPSTAIRS OOSTENDE UITBATING

Financial year 2024 · Closed on 31/12/2024

Net result221,4 k €+2,0 %over 1 year
Gross margin1,4 M €+7,6 %over 1 year
Equity293,9 k €-41,5 %over 1 year
Workforce23,9 ETP+19,5 %over 1 year

Identity

Source · BCE/KBO

UPSTAIRS OOSTENDE UITBATING is a Private limited company incorporated in 2017. Its main activity is: Hotels and similar accommodation. Its registered office is in Oostende. It employs on average 23,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0677.727.122
Incorporation
29/06/2017
Legal form
Private limited company
Registered office
Hertstraat 15
8400 Oostende · FlandreSee on map
Contributed capital
50 000,00 €
Latest accounts
31/12/2024
Average workforce
23,9 ETP
Joint committees (2)
  • 302
  • 30200
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20242023202220212020
Income statement
Gross margin1,4 M €1,3 M €892,2 k €811,4 k €264,2 k €
EBITDA342,8 k €349,6 k €339,7 k €430,2 k €24,3 k €
Operating result301,9 k €288,7 k €297,9 k €388,1 k €-46,4 k €
Net result221,4 k €217,1 k €222,1 k €296,2 k €13,3 k €
Balance sheet
Equity293,9 k €502,4 k €285,3 k €363,2 k €66,9 k €
Total assets1,9 M €2,4 M €1,3 M €819,2 k €457,3 k €
Cash95,5 k €156,6 k €123,3 k €706,9 k €306,3 k €
Debts1,6 M €1,9 M €998,9 k €443,1 k €387,8 k €
Other
Workforce23,9 ETP20,0 ETP10,0 ETP8,9 ETP8,4 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

4 active · 11 ended

Active mandates

Belcoast Holidays

Director · since 12 juillet 2024 · 0429.092.465

Represented by Jan DOBBELAERE

Active
DEPOORTER IMMOBILIEN

Director · since 12 juillet 2024 · 0437.086.948

Represented by Charles DEPOORTER

Active
FLOW HOSPITALITY GROUP

Director · since 12 juillet 2024 · 0641.997.666

Represented by Inge DECUYPERE

Active
VERCAEMST

Director · since 12 juillet 2024 · 0864.073.624

Represented by Xavier VERCAEMST

Active

Ended mandates

Belcoast Holidays

Director · since 29 juin 2017 · 0429.092.465

Represented by Jan DOBBELAERE

Ended
Belcoast Holidays

Mandate · since 29 juin 2017 · 0429.092.465

Ended
Belcoast Holidays

Director · since 29 juin 2017 · 0429.092.465

Represented by Jan Dobbelaere

Ended
DEPOORTER IMMOBILIEN

Director · since 29 juin 2017 · 0437.086.948

Represented by Charles DEPOORTER

Ended

Other companies at this address

Hertstraat 15 8400 Oostende
CompanyCBE no.
0735.792.312
0677.727.023

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date25/07/202529/07/202427/07/202317/06/202225/08/202130/07/2020
General meeting30/06/202527/06/202430/06/202312/06/202212/06/202113/06/2020
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, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202525/07/2025DutchPDF
Abridged model31/12/202327/06/202429/07/2024DutchPDF
Abridged model31/12/202230/06/202327/07/2023DutchPDF
Abridged model31/12/202112/06/202217/06/2022DutchPDF
Abridged model31/12/202012/06/202125/08/2021DutchPDF
Abridged model31/12/201913/06/202030/07/2020DutchPDF
Abridged model31/12/201808/06/201906/09/2019DutchPDF

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

4 active · 11 ended

Active mandates

Belcoast Holidays

Director · since 12 juillet 2024 · 0429.092.465

Represented by Jan DOBBELAERE

Active
DEPOORTER IMMOBILIEN

Director · since 12 juillet 2024 · 0437.086.948

Represented by Charles DEPOORTER

Active
FLOW HOSPITALITY GROUP

Director · since 12 juillet 2024 · 0641.997.666

Represented by Inge DECUYPERE

Active
VERCAEMST

Director · since 12 juillet 2024 · 0864.073.624

Represented by Xavier VERCAEMST

Active

Ended mandates

Belcoast Holidays

Director · since 29 juin 2017 · 0429.092.465

Represented by Jan DOBBELAERE

Ended
Belcoast Holidays

Mandate · since 29 juin 2017 · 0429.092.465

Ended
Belcoast Holidays

Director · since 29 juin 2017 · 0429.092.465

Represented by Jan Dobbelaere

Ended
DEPOORTER IMMOBILIEN

Director · since 29 juin 2017 · 0437.086.948

Represented by Charles DEPOORTER

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/09/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/07/2017
    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 2024221,4 k €↑
  2. 2023
    Annual accounts 2023217,1 k €↓
  3. 2022
    Annual accounts 2022222,1 k €↓
  4. 2021
    Annual accounts 2021296,2 k €↑
  5. 2020
    Annual accounts 202013,3 k €↑
  6. 2019
    Annual accounts 20193,3 k €↑
  7. 2018
    Annual accounts 2018299 €
  8. 29/06/2017
    IncorporationPrivate limited company