ACTIVE

WESTBAY HOTEL

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Financial year 2025 · Closed on 31/12/2025

Net result2,2 k €-97,3 %over 1 year
Gross margin301,7 k €-1,1 %over 1 year
Equity49,3 k €+4,7 %over 1 year
Workforce5,3 ETP-3,6 %over 1 year

Identity

Source · BCE/KBO

WESTBAY HOTEL is a Private limited company incorporated in 2011. Its main activity is: Hotels and similar accommodation. Its registered office is in Middelkerke. It employs on average 5,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0833.731.727
Incorporation
15/02/2011
Legal form
Private limited company
Registered office
Vakantiestraat 1
8434 Middelkerke · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
5,3 ETP
Joint committees (3)
  • 302
  • 3020
  • 30200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 12 filings

Trend over 12 financial years

20252024202320222021
Income statement
Gross margin301,7 k €305,1 k €367,2 k €-2,9 k €-790 €
EBITDA11,7 k €100,1 k €-1,5 k €-3,4 k €-1,4 k €
Operating result2,2 k €95,6 k €-3 k €-3,4 k €-1,4 k €
Net result2,2 k €81,7 k €-2,3 k €-3,4 k €-1,5 k €
Balance sheet
Equity49,3 k €47,1 k €-4,6 k €-2,3 k €1,1 k €
Total assets210 k €185 k €213,2 k €4 k €3,6 k €
Cash128,9 €8,2 k €12,2 k €591,2 €737,1 €
Debts145 k €137 k €217,1 k €6,3 k €2,5 k €
Other
Workforce5,3 ETP5,5 ETP6,1 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 13 ended

Active mandates

Belcoast Holidays

Director · since 08 mars 2023 · 0429.092.465

Represented by Jan Dobbelaere

Active
Stefanie Surmont

Director · since 08 mars 2023

Active

Ended mandates

Belcoast Holidays

Director · since 08 mars 2023 · 0429.092.465

Represented by Jan DOBBELAERE

Ended
FLOW HOSPITALITY GROUP

Director · since 17 octobre 2019 · until 08 mars 2023 · 0641.997.666

Represented by Dobbelaere JAN

Ended
BELCOAST HOLDING

Manager · 0479.856.228

Represented by Jan Dobbelaere

Ended
BELCOAST HOLDING

Mandate · 0479.856.228

Represented by Jan Dobbelaere

Ended

Other companies at this address

Vakantiestraat 1 8434 Middelkerke
CompanyCBE no.
BELCOAST HOLIDAY HOMES● Active
1005.703.621
Belcoast Holidays● Active
0429.092.465
Groep Zeegalm● Active
0649.958.002
HOTEL INVESTMENT FUND● Active
0701.732.345
Hotel Investment Fund BTW Eenheid● Active
0738.904.824

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro 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 date09/07/202627/06/202517/06/202428/07/202316/06/202227/08/2021
General meeting29/06/202621/06/202504/06/202429/06/202323/03/202219/06/2021
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, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202609/07/2026DutchPDF
Abridged model31/12/202421/06/202527/06/2025DutchPDF
Abridged model31/12/202304/06/202417/06/2024DutchPDF
Micro model31/12/202229/06/202328/07/2023DutchPDF
Micro model31/12/202123/03/202216/06/2022DutchPDF
Micro model31/12/202019/06/202127/08/2021DutchPDF
Micro model31/12/201920/06/202022/10/2020DutchPDF
Micro model31/12/201816/06/201922/08/2019DutchPDF
Micro model31/12/201716/06/201828/06/2018DutchPDF
Micro model31/12/201617/06/201729/08/2017DutchPDF
Abridged model31/12/201530/06/201616/08/2016DutchPDF
Abridged model31/12/201430/06/201520/08/2015DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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

2 active · 13 ended

Active mandates

Belcoast Holidays

Director · since 08 mars 2023 · 0429.092.465

Represented by Jan Dobbelaere

Active
Stefanie Surmont

Director · since 08 mars 2023

Active

Ended mandates

Belcoast Holidays

Director · since 08 mars 2023 · 0429.092.465

Represented by Jan DOBBELAERE

Ended
FLOW HOSPITALITY GROUP

Director · since 17 octobre 2019 · until 08 mars 2023 · 0641.997.666

Represented by Dobbelaere JAN

Ended
BELCOAST HOLDING

Manager · 0479.856.228

Represented by Jan Dobbelaere

Ended
BELCOAST HOLDING

Mandate · 0479.856.228

Represented by Jan Dobbelaere

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/03/2023
    BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/10/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/04/2014
    BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office22/06/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other25/02/2011
    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. 2025
    Annual accounts 20252,2 k €↓
  2. 2024
    Annual accounts 202481,7 k €↑
  3. 2023
    Annual accounts 2023-2,3 k €↑
  4. 2022
    Annual accounts 2022-3,4 k €↓
  5. 2022
    Name changeWestbay Hotel
  6. 2021
    Annual accounts 2021-1,5 k €↑
  7. 2020
    Annual accounts 2020-1,8 k €↑
  8. 2019
    Annual accounts 2019-2,3 k €↓
  9. 2018
    Annual accounts 2018-1,4 k €↑
  10. 2017
    Annual accounts 2017-2,4 k €↓
  11. 2016
    Annual accounts 2016322,2 €↓
  12. 2015
    Annual accounts 20151,1 k €↑
  13. 2014
    Annual accounts 2014-4,5 k €
  14. 2014
    Name changeSKYSTONES
  15. 15/02/2011
    IncorporationPrivate limited company