Financials
Financial year 2025
Zandhotel from Brugge, company number BE0423614935, closed financial year 2025 with a result of € 10,800 after tax. For that financial year Zandhotel recorded a gross margin of € 870,307 and equity of € 2 million. Compared with financial year 2024, the result moved from € 5,338 to € 10,800. Profitable, and profit is growing. 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 September 9, 2026.
€ 2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,800
▲ 102% vs 2024
Profit after tax over the fiscal year.
€ 214,575
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 496,231.
People and assets in 2025
7.2
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 388,257
▲ 15% vs 2024
€ 53,900 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.
€ 37,683
▲ € 36,855 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 951,097
▼ 15% vs 2024
€ 161,931 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 192,848
▲ € 162,382 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,483
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 704,801 | € 982,106 | € 822,752 | € 870,307 | ▲ 6% |
| Profit after taxes | € -38,873 | € 116,846 | € 5,338 | € 10,800 | ▲ 102% |
| Equity | € 1,903,518 | € 2,006,544 | € 1,989,932 | € 1,988,116 | |
| Total debts | € 1,679,985 | € 2,279,879 | € 2,248,935 | € 2,227,560 | ▼ 1% |
| Cash | € 278,754 | € 400,674 | € 279,339 | € 214,575 | ▼ 23% |
| Land & buildings | € 1,443,540 | € 1,423,679 | € 838,857 | € 835,756 | |
| Retained profit | € 363,248 | € 480,093 | € 485,431 | € 496,231 | ▲ 2% |
| Bank debt | € 819,683 | € 739,679 | € 1,113,271 | € 951,097 | ▼ 15% |
| Balance sheet total | € 3,583,503 | € 4,286,423 | € 4,238,867 | € 4,215,677 | ▼ 1% |
| Employees (FTE) | 9.5 | 9.8 | 6.6 | 7.2 | ▲ 0.6 |
Key figures of Zandhotel, 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 Zandhotel?
What happened at Zandhotel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- COMMIS BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 10,800 (▲ 102% vs 2024). filed late Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,873 loss in 2022 to € 10,800 profit in 2025.
Paid € 5,802 in corporate taxes since 2022.
Best year ever: 2023, with € 116,846 profit.
On average € 120,900 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Director · represented by Katrien Lootens
· until 2026
Establishments
Establishment units
Physical locations of this company
't Zand 13-15
8000 Brugge
't Zand 13 box 1
8000 Brugge
Active since 14 February 1983
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.614.935
- VAT number
- BE 0423.614.935
- Registered office
- 't Zand 13-15, 8000 Brugge
- Names & denominations
- Zandhotel
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 1982
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Hotels en motels, met restaurant
Hotels en dergelijke accommodatie
Cafés en bars
Cafés