What does RESTOTEL do?

RESTOTEL is a hotel in Oostende. Public Limited, started on 18 March 1981, 1 establishment.

What is the address of RESTOTEL?

The registered office of RESTOTEL is located at Koningin Astridlaan 7, 8400 Oostende.

Is RESTOTEL still active?

Yes. According to the CBE (29 October 2026) RESTOTEL is active, legal situation “Normale toestand”, started on 18 March 1981.

Is RESTOTEL registered on Peppol?

Yes, RESTOTEL is registered on the Peppol network with ID 0208:0421467671.

What is the enterprise number of RESTOTEL?

The enterprise number of RESTOTEL is BE0421467671.

When was RESTOTEL founded?

RESTOTEL was founded on 18 March 1981.

Who are the directors of RESTOTEL?

According to the 2025 annual accounts, the directors of RESTOTEL are: Edith De Ketelaere, William Vanmoerkerke, Olivia Vanmoerkerke.

Is RESTOTEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 March 1981; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did RESTOTEL make in 2025?

RESTOTEL recorded a loss after taxes of € 374,129 in financial year 2025.

What is the revenue of RESTOTEL?

As a small company, RESTOTEL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,397,546.

How much does an employee at RESTOTEL earn?

The average wage cost per full-time employee at RESTOTEL was € 66,600 in 2025: staff costs of € 2.3 million for 34 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does RESTOTEL have?

According to the 2025 annual accounts, RESTOTEL has 34 full-time equivalents (FTE).

RESTOTEL (Public Limited) - Oostende - BE0421467671

Dossier RESTOTEL, printed on 29 October 2026 from databakkes.be/en/0421467671/restotel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Board fully replaced NBB

No director from three years ago is still active according to annual account 2025.

Financials

Financial year 2025

RESTOTEL from Oostende, company number BE0421467671, closed financial year 2025 with a result of € -374,129 after tax. For that financial year RESTOTEL recorded a gross margin of € 2.4 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € -731,587 to € -374,129. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.

What it is worth Healthy

€ 2.7 million

▼ 12% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -374,129

▲ 49 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 397,311

▲ 13% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1.2 million.

People and assets in 2025

Full-time equivalents

▼ 2.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2.3 million

▼ 2% vs 2024

€ 66,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 217,442

▼ 20% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 887,347

▼ 30% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 170,207

▼ 14% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 3,102,326 Gross margin 2022: € 3,102,326 First fiscal year in the series	€ 3,598,280 Gross margin 2023: € 3,598,280 ▲ 16% vs 2022 (€ 3,102,326) Favourable step	€ 2,110,563 Gross margin 2024: € 2,110,563 ▼ 41% vs 2023 (€ 3,598,280) Unfavourable step	€ 2,397,546 Gross margin 2025: € 2,397,546 ▲ 14% vs 2024 (€ 2,110,563) Favourable step	▲ 14%
Profit after taxes	€ 801,162 Profit after taxes 2022: € 801,162 First fiscal year in the series	€ 851,778 Profit after taxes 2023: € 851,778 ▲ 6% vs 2022 (€ 801,162) Favourable step	€ -731,587 Profit after taxes 2024: € -731,587 ▼ € 1.6 million vs 2023 (€ 851,778) Unfavourable step	€ -374,129 Profit after taxes 2025: € -374,129 ▲ € 357,457 vs 2024 (€ -731,587) Favourable step	▲ € 357,457
Equity	€ 2,914,389 Equity 2022: € 2,914,389 First fiscal year in the series	€ 3,766,168 Equity 2023: € 3,766,168 ▲ 29% vs 2022 (€ 2,914,389) Favourable step	€ 3,034,581 Equity 2024: € 3,034,581 ▼ 19% vs 2023 (€ 3,766,168) Unfavourable step	€ 2,660,451 Equity 2025: € 2,660,451 ▼ 12% vs 2024 (€ 3,034,581) Unfavourable step	▼ 12%
Total debts	€ 1,447,120 Total debts 2022: € 1,447,120 First fiscal year in the series	€ 1,564,769 Total debts 2023: € 1,564,769 ▲ 8% vs 2022 (€ 1,447,120) Unfavourable step	€ 1,546,615 Total debts 2024: € 1,546,615 ▼ 1% vs 2023 (€ 1,564,769) Favourable step	€ 1,252,935 Total debts 2025: € 1,252,935 ▼ 19% vs 2024 (€ 1,546,615) Favourable step	▼ 19%
Cash	€ 66,126 Cash 2022: € 66,126 First fiscal year in the series	€ 134,088 Cash 2023: € 134,088 ▲ 103% vs 2022 (€ 66,126) Favourable step	€ 351,679 Cash 2024: € 351,679 ▲ 162% vs 2023 (€ 134,088) Favourable step	€ 397,311 Cash 2025: € 397,311 ▲ 13% vs 2024 (€ 351,679) Favourable step	▲ 13%
Land & buildings	€ 139,523 Land & buildings 2022: € 139,523 First fiscal year in the series	€ 141,016 Land & buildings 2023: € 141,016 ▲ 1% vs 2022 (€ 139,523) Unchanged	€ 113,240 Land & buildings 2024: € 113,240 ▼ 20% vs 2023 (€ 141,016) Unchanged	€ 93,181 Land & buildings 2025: € 93,181 ▼ 18% vs 2024 (€ 113,240) Unchanged	▼ 18%
Retained profit	€ 1,414,389 Retained profit 2022: € 1,414,389 First fiscal year in the series	€ 2,266,168 Retained profit 2023: € 2,266,168 ▲ 60% vs 2022 (€ 1,414,389) Favourable step	€ 1,534,581 Retained profit 2024: € 1,534,581 ▼ 32% vs 2023 (€ 2,266,168) Unfavourable step	€ 1,160,451 Retained profit 2025: € 1,160,451 ▼ 24% vs 2024 (€ 1,534,581) Unfavourable step	▼ 24%
Bank debt	€ 123,761 Bank debt 2022: € 123,761 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 123,761) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 4,361,509 Balance sheet total 2022: € 4,361,509 First fiscal year in the series	€ 5,330,936 Balance sheet total 2023: € 5,330,936 ▲ 22% vs 2022 (€ 4,361,509) Unchanged	€ 4,581,196 Balance sheet total 2024: € 4,581,196 ▼ 14% vs 2023 (€ 5,330,936) Unchanged	€ 3,913,387 Balance sheet total 2025: € 3,913,387 ▼ 15% vs 2024 (€ 4,581,196) Unchanged	▼ 15%
Employees (FTE)	32.5 Employees (FTE) 2022: 32.5 First fiscal year in the series	36.1 Employees (FTE) 2023: 36.1 ▲ 3.6 vs 2022 (32.5) Unchanged	36.6 Employees (FTE) 2024: 36.6 ▲ 0.5 vs 2023 (36.1) Unchanged	34 Employees (FTE) 2025: 34 ▼ 2.6 vs 2024 (36.6) Unchanged	▼ 2.6

Key figures of RESTOTEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to RESTOTEL?

What happened at RESTOTEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 William Vanmoerkerke stepped down as director. NBB
2027 Olivia Vanmoerkerke stepped down as director. NBB
Jul 30, 2026 New annual accounts for financial year 2025: loss of € 374,129. Source: NBB ↗
2021 William Vanmoerkerke became a director. NBB
2021 Olivia Vanmoerkerke became a director. NBB
Apr 2, 1982 New establishment in Oostende. KBO
Mar 18, 1981 Start of the company according to the CBE. KBO

In short

From € 801,162 profit in 2022 to € 374,129 loss in 2025.

Paid € 6,207 in corporate taxes since 2022.

Best year ever: 2023, with € 851,778 profit.

On average € 70,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

2IM 48%

The stake of 2IM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

RESTOTEL

Behind RESTOTEL is Edith De Ketelaere. The shares are held by 2IM (48%).

Directors

According to the 2025 annual accounts

Edith De Ketelaere

bestuurder

Also active at: HOTEL BEL EUR, HORIZON RETAIL INVESTERINGEN MVV, 2IM, HORIZON RETAIL INVESTERINGEN WP, NOORDZEE INVESTMENTS

William Vanmoerkerke

Managing director

Also active at: HOTEL BEL EUR, HORIZON RETAIL INVESTERINGEN MVV, 2IM, HORIZON RETAIL INVESTERINGEN WP, NOORDZEE INVESTMENTS

since 2021 · until 2027

Olivia Vanmoerkerke

Managing director

Also active at: HOTEL BEL EUR, KEIGNAERT INVEST, HORIZON RETAIL INVESTERINGEN MVV, AMPLA HOUSE PROPERTIES, AVENUE PROJECTS, HIEVAM, 2IM, HORIZON RETAIL INVESTERINGEN WP +1 more

since 2021 · until 2027

Shareholders

2IM

48%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Koningin Astridlaan 7

8400 Oostende

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

RESTOPUB

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0421.467.671

VAT number

BE 0421.467.671

Registered office

Koningin Astridlaan 7, 8400 Oostende

Names & denominations

RESTOTEL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

18 March 1981

Peppol

Active · Active since 19 Jun 2025

Activities · NACE

Hotels en dergelijke accommodatie

Hotels en motels, met restaurant

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

View on CBE Public ↗ Annual accounts (NBB) ↗

RESTOTEL

Warning lights

Financials

What happened to RESTOTEL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions