ACTIVE

TERHILLS HOTEL

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Financial year 2025 · Closed on 31/12/2025

Net result
47,4 k €
+200,5 %over 1 year
Revenue
4,6 M €
+14,4 %over 1 year
Equity
701,3 k €
+10,5 %over 1 year
Workforce
21,2 ETP
-7,4 %over 1 year

Identity

Source · BCE/KBO

TERHILLS HOTEL is a Public limited company incorporated in 2018. Its main activity is: Hotels and similar accommodation. Its registered office is in Hasselt. It employs on average 21,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0692.525.263
Incorporation
14/03/2018
Legal form
Public limited company
Registered office
Kempische steenweg 311 box 4.01
3500 Hasselt · FlandreSee on map
Contributed capital
1 300 000,00 €
Latest accounts
31/12/2025
Average workforce
21,2 ETP
Joint committees (2)
  • 302
  • 3020
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20252024202320222021
Income statement
Revenue4,6 M €4 M €3,6 M €3,4 M €2,3 M €
EBITDA410,9 k €329,1 k €295,8 k €381,6 k €215,9 k €
Operating result98,7 k €65 k €108,6 k €212,4 k €58,5 k €
Net result47,4 k €15,8 k €86 k €195,1 k €38,4 k €
Balance sheet
Equity701,3 k €634,9 k €619,1 k €533,1 k €338 k €
Total assets2,6 M €2,5 M €2,2 M €1,6 M €2,2 M €
Cash756,5 k €348,9 k €248,6 k €451,2 k €887,4 k €
Debts1,8 M €1,8 M €1,6 M €1 M €1,8 M €
Other
Workforce21,2 ETP22,9 ETP23,4 ETP22,7 ETP19,6 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 31/12/2025

4 active · 6 ended

Active mandates

Hedwig Pieters

Director · since 21 mai 2024 · until 16 mai 2029

Active
LIMBURGSE RECONVERSIE MAATSCHAPPIJ

Director · since 21 mai 2024 · until 16 mai 2029 · 0452.138.972

Represented by Tom Vanham

Active
LRM Beheer

Director · since 21 mai 2024 · until 16 mai 2029 · 0440.550.442

Represented by Gert Vandewaerde

Active
Rudolf Hulsman

Director · since 21 mai 2024 · until 16 mai 2029

Active

Ended mandates

RUDOLF HULSMAN

Director · since 16 mai 2023 · until 15 mai 2029

Ended
RUDOLF HULSMAN

Director · since 20 mars 2019 · until 16 mai 2023

Ended
LRM Beheer

Director · since 01 juin 2018 · until 21 mai 2024 · 0440.550.442

Represented by KOEN (tem 31122019) NULENS

Ended
HEDWIG PIETERS

Director · since 14 mars 2018 · until 21 mai 2024

Ended

Other companies at this address

Kempische steenweg 311 3500 Hasselt
CompanyCBE no.
ARGUENDO● Active
0681.748.266
ARGUENDO BXL● Active
1034.211.030
be-DIVE● Active
0507.608.819
be-MINE● Active
0821.540.807
be-MINE Mijnbelevingscentrum● Active
0786.218.454
BLUECIE● Active
0634.969.126
CAMPUS NOORD● Active
1025.147.468
C. Corda● Active
0559.919.236
CORDA CAMPUS 2.0● Active
0547.573.611
Elision● Active
0884.167.272
Fenego● Active
0809.511.718
FLOATING PV● Active
0715.622.349
FORWARD Services● Active
0673.543.848
HOUTPARK● Active
0842.301.874
H.W.P.● Active
0451.555.190
IMMO SCHURHOVEN● Active
0641.964.509
JEFREVAL● Active
0821.786.671
Kristalpark III● Active
0838.432.861
KRISTAL SOLAR PARK● Active
0698.661.108
LIMBURGSE RECONVERSIE MAATSCHAPPIJ● Active
0452.138.972

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date09/06/202610/06/202530/05/202430/05/202313/06/202211/06/2021
General meeting19/05/202620/05/202521/05/202416/05/202317/05/202218/05/2021
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
Full model31/12/202519/05/202609/06/2026DutchPDF
Full model31/12/202420/05/202510/06/2025DutchPDF
Full model31/12/202321/05/202430/05/2024DutchPDF
Full model31/12/202216/05/202330/05/2023DutchPDF
Full model31/12/202117/05/202213/06/2022DutchPDF
Full model31/12/202018/05/202111/06/2021DutchPDF
Full model31/12/201919/05/202017/06/2020DutchPDF
Full model31/12/201821/05/201912/06/2019DutchPDF

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 31/12/2025

4 active · 6 ended

Active mandates

Hedwig Pieters

Director · since 21 mai 2024 · until 16 mai 2029

Active
LIMBURGSE RECONVERSIE MAATSCHAPPIJ

Director · since 21 mai 2024 · until 16 mai 2029 · 0452.138.972

Represented by Tom Vanham

Active
LRM Beheer

Director · since 21 mai 2024 · until 16 mai 2029 · 0440.550.442

Represented by Gert Vandewaerde

Active
Rudolf Hulsman

Director · since 21 mai 2024 · until 16 mai 2029

Active

Ended mandates

RUDOLF HULSMAN

Director · since 16 mai 2023 · until 15 mai 2029

Ended
RUDOLF HULSMAN

Director · since 20 mars 2019 · until 16 mai 2023

Ended
LRM Beheer

Director · since 01 juin 2018 · until 21 mai 2024 · 0440.550.442

Represented by KOEN (tem 31122019) NULENS

Ended
HEDWIG PIETERS

Director · since 14 mars 2018 · until 21 mai 2024

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares02/12/2021
    KAPITAAL - AANDELEN
    PDF
  • Mandates21/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares03/09/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates16/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

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 202547,4 k €↑
  2. 2024
    Annual accounts 202415,8 k €↓
  3. 2023
    Annual accounts 202386 k €↓
  4. 2022
    Annual accounts 2022195,1 k €↑
  5. 2021
    Annual accounts 202138,4 k €↑
  6. 2020
    Annual accounts 2020-363,1 k €↓
  7. 2019
    Annual accounts 2019-266,2 k €↑
  8. 2018
    Annual accounts 2018-371,1 k €
  9. 14/03/2018
    IncorporationPublic limited company