ACTIVE

Rode Kruishotel

Financial year 2025 · Closed on 31/12/2025

Revenue1,6 M €-2,7 %over 1 year
Equity11,2 M €-4,5 %over 1 year
Workforce13,8 ETP-11,5 %over 1 year

Identity

Source · BCE/KBO

Rode Kruishotel is a Non-profit organization incorporated in 2012. Its main activity is: Hotels and similar accommodation. Its registered office is in Zuienkerke. It employs on average 13,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0844.641.653
Incorporation
22/03/2012
Legal form
Non-profit organization
Registered office
Polderwind 4
8377 Zuienkerke · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
13,8 ETP
Signals
Solid equityLow riskGood liquidityPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 14 filings

Trend over 14 financial years

20252024202320222021
Income statement
Revenue1,6 M €1,7 M €1,8 M €1,3 M €975,1 k €
EBITDA625,8 k €3,9 M €1,7 M €794,6 k €1,7 M €
Operating result17,5 k €3,3 M €1 M €5,7 k €973,7 k €
Net result–3,2 M €1 M €–970 k €
Balance sheet
Equity11,2 M €11,7 M €12,3 M €11,9 M €12,6 M €
Total assets11,6 M €12 M €12,5 M €12,4 M €13,1 M €
Cash1,3 M €1,4 M €2 M €2,1 M €1,3 M €
Debts414,5 k €248 k €221,1 k €444,4 k €461,7 k €
Other
Workforce13,8 ETP15,6 ETP15,2 ETP13,6 ETP13,3 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

7 active · 32 ended

Active mandates

Stephan Olaerts

Director · since 20 septembre 2025

Active
Gert De Winter

Director · since 01 janvier 2025 · until 04 septembre 2025

Active
Hilde Van Gastel

Director · since 01 avril 2023

Active
Griet Ceuterick

Director · since 01 juillet 2021

Active
Filip Weyers

Vice-chairman of the board of directors · since 01 janvier 2021

Active
Hans Verstraete

Chairman of the board of directors · since 01 janvier 2021

Active
Prof. dr. Philippe Vandekerckhove

Managing director · since 08 novembre 2018

Active

Ended mandates

Gert De Winter

Director · since 01 janvier 2025

Ended
Hans Verstraete

Vice-chairman of the board of directors · since 01 janvier 2021

Ended
Laurette Steenssens

Chairman of the board of directors · since 01 janvier 2021 · until 31 décembre 2024

Ended
Laurette Steenssens

Chairman of the board of directors · since 01 janvier 2021

Ended

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 date19/08/202608/09/202501/07/202412/07/202312/07/202205/07/2021
General meeting13/06/202607/06/202515/06/202417/06/202318/06/202219/06/2021
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, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202513/06/202619/08/2026DutchPDF
Full model31/12/202407/06/202508/09/2025DutchPDF
Full model31/12/202315/06/202401/07/2024DutchPDF
Full model31/12/202217/06/202312/07/2023DutchPDF
Full model31/12/202118/06/202212/07/2022DutchPDF
Full model31/12/202019/06/202105/07/2021DutchPDF
Full model31/12/201920/06/202001/07/2020DutchPDF
Full model31/12/201822/06/201928/06/2019DutchPDF
Full model31/12/201723/06/201821/09/2018DutchPDF
Full model31/12/201624/06/201729/06/2017DutchPDF
Full model31/12/201525/06/201627/06/2016DutchPDF
Full model31/12/201427/06/201506/07/2015DutchPDF
Full model31/12/201328/06/201422/07/2014DutchPDF
Full model31/12/201222/06/201331/07/2013DutchPDF

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

7 active · 32 ended

Active mandates

Stephan Olaerts

Director · since 20 septembre 2025

Active
Gert De Winter

Director · since 01 janvier 2025 · until 04 septembre 2025

Active
Hilde Van Gastel

Director · since 01 avril 2023

Active
Griet Ceuterick

Director · since 01 juillet 2021

Active
Filip Weyers

Vice-chairman of the board of directors · since 01 janvier 2021

Active
Hans Verstraete

Chairman of the board of directors · since 01 janvier 2021

Active
Prof. dr. Philippe Vandekerckhove

Managing director · since 08 novembre 2018

Active

Ended mandates

Gert De Winter

Director · since 01 janvier 2025

Ended
Hans Verstraete

Vice-chairman of the board of directors · since 01 janvier 2021

Ended
Laurette Steenssens

Chairman of the board of directors · since 01 janvier 2021 · until 31 décembre 2024

Ended
Laurette Steenssens

Chairman of the board of directors · since 01 janvier 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/10/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/02/2019
    MAATSCHAPPELIJKE ZETEL - 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 2025
  2. 2024
    Annual accounts 20243,2 M €↑
  3. 2023
    Annual accounts 20231 M €↑
  4. 2022
    Annual accounts 2022
  5. 2021
    Annual accounts 2021970 k €↑
  6. 2020
    Annual accounts 2020
  7. 2019
    Annual accounts 2019
  8. 2018
    Annual accounts 2018
  9. 2017
    Annual accounts 2017-214,6 k €↓
  10. 2016
    Annual accounts 2016-52,9 k €↑
  11. 2015
    Annual accounts 2015-58,1 k €↓
  12. 2014
    Annual accounts 2014-34,7 k €↓
  13. 2013
    Annual accounts 2013-16,1 k €↑
  14. 2012
    Annual accounts 2012-31,7 k €
  15. 22/03/2012
    IncorporationNon-profit organization