ACTIVE

Pillows Grand Hotel Reylof

Financial year 2025 · Closed on 31/12/2025

Net result596,3 k €-17,7 %over 1 year
Revenue15,8 M €+4,5 %over 1 year
Equity-2 M €+23,4 %over 1 year
Workforce98,6 ETP+3,2 %over 1 year

Identity

Source · BCE/KBO

Pillows Grand Hotel Reylof is a Private limited company incorporated in 2011. Its main activity is: Hotels and similar accommodation. Its registered office is in Gent. It employs on average 98,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0835.196.130
Incorporation
31/03/2011
Legal form
Private limited company
Registered office
Hoogstraat 36
9000 Gent · FlandreSee on map
Contributed capital
17 562 120,00 €
Latest accounts
31/12/2025
Average workforce
98,6 ETP
Joint committees (3)
  • 302
  • 3020
  • 302,00
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 14 filings

Trend over 12 financial years

20252024202320222021
Income statement
Revenue15,8 M €15,1 M €13,6 M €12,1 M €5,1 M €
EBITDA1,9 M €2,1 M €227 k €-452,4 k €-1,9 M €
Operating result965,2 k €1,1 M €-733,7 k €-1,3 M €-2,9 M €
Net result596,3 k €724,6 k €-1,1 M €-1,7 M €-3,1 M €
Balance sheet
Equity-2 M €-2,5 M €-3,3 M €-2,1 M €-430,7 k €
Total assets3,9 M €3,8 M €4,6 M €5,5 M €5,9 M €
Cash1,3 M €467,5 k €692 k €669,5 k €631,9 k €
Debts5,9 M €6,4 M €7,9 M €7,6 M €6,3 M €
Other
Workforce98,6 ETP95,5 ETP89,2 ETP80,6 ETP79,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 19 ended

Active mandates

Louise Dingemans

Director · since 01 septembre 2018

Active
Mascha Bianca Ligthart

Director · since 01 septembre 2018

Active

Ended mandates

Bianca Ligthart Mascha

Director · since 01 septembre 2018

Ended
Louise Dingemans

Manager · since 01 septembre 2018

Ended
Mascha Bianca Ligthart

Manager · since 01 septembre 2018

Ended
International Hotelmanagement Group B.V.

Manager · since 01 janvier 2017 · until 28 février 2019

Represented by Stephan Jansen KIKE Management B.V. en FISJ Management B.V.

Ended

Other companies at this address

Hoogstraat 36 9000 Gent
CompanyCBE no.
0653.854.135
'T REYLOF● Active
0897.938.007

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 date26/08/202619/11/202519/09/202419/10/202307/07/202219/07/2021
General meeting25/08/202618/11/202516/09/202418/10/202330/06/202209/07/2021
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, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202525/08/202626/08/2026DutchPDF
Full model31/12/202418/11/202519/11/2025DutchPDF
Full model31/12/202316/09/202419/09/2024DutchPDF
Full model31/12/202218/10/202319/10/2023DutchPDF
Full model31/12/202130/06/202207/07/2022DutchPDF
Full model31/12/202009/07/202119/07/2021DutchPDF
Full model31/12/201907/10/202013/10/2020DutchPDF
Full model31/12/201829/11/201924/01/2020DutchPDF
Full model31/12/201727/08/201831/08/2018DutchPDF
Full model31/12/201618/12/201727/03/2018DutchPDF
Full model31/12/201512/12/201629/12/2016DutchPDF
Full model31/12/201417/07/201530/07/2015DutchPDF
Full model31/12/201314/07/201428/07/2014DutchPDF
Full model31/12/201228/08/201308/10/2013DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

2 active · 19 ended

Active mandates

Louise Dingemans

Director · since 01 septembre 2018

Active
Mascha Bianca Ligthart

Director · since 01 septembre 2018

Active

Ended mandates

Bianca Ligthart Mascha

Director · since 01 septembre 2018

Ended
Louise Dingemans

Manager · since 01 septembre 2018

Ended
Mascha Bianca Ligthart

Manager · since 01 septembre 2018

Ended
International Hotelmanagement Group B.V.

Manager · since 01 janvier 2017 · until 28 février 2019

Represented by Stephan Jansen KIKE Management B.V. en FISJ Management B.V.

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/02/2021
    MAATSCHAPPELIJKE ZETEL - DIVERSEN
    PDF
  • Other28/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates23/03/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/10/2018
    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 2025596,3 k €↓
  2. 2024
    Annual accounts 2024724,6 k €↑
  3. 2023
    Annual accounts 2023-1,1 M €↑
  4. 2022
    Annual accounts 2022-1,7 M €↑
  5. 2021
    Annual accounts 2021-3,1 M €↑
  6. 2018
    Annual accounts 2018-4 M €↓
  7. 2017
    Annual accounts 2017416,4 k €↑
  8. 2016
    Annual accounts 2016-612,8 k €↑
  9. 2015
    Annual accounts 2015-974,4 k €↓
  10. 2014
    Annual accounts 2014183,6 k €↑
  11. 2013
    Annual accounts 2013-131,8 k €↑
  12. 2012
    Annual accounts 2012-1,2 M €
  13. 31/03/2011
    IncorporationPrivate limited company