Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
STRAND HOTEL from Oostende, company number BE0428064661, closed financial year 2025 with a result of € 298,704 after tax. For that financial year STRAND HOTEL recorded a gross margin of € 2.1 million and equity of € 616,536. Compared with financial year 2024, the result moved from € 329,494 to € 298,704. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 616,536
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 298,704
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 320,853
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 319,595 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
21.2
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 5% vs 2024
€ 55,800 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.
€ 219,804
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.4 million
▼ 12% vs 2024
€ 281,386 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 124,766
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 165,123
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,786,607 | € 1,927,038 | € 2,061,543 | € 2,122,647 | ▲ 3% |
| Profit after taxes | € 341,534 | € 352,825 | € 329,494 | € 298,704 | ▼ 9% |
| Equity | € 452,135 | € 554,960 | € 637,427 | € 616,536 | ▼ 3% |
| Total debts | € 3,149,564 | € 3,214,098 | € 3,396,624 | € 3,095,561 | ▼ 9% |
| Cash | € 860,337 | € 650,863 | € 546,666 | € 320,853 | ▼ 41% |
| Land & buildings | € 1,203,125 | € 1,451,763 | € 2,078,820 | € 1,942,632 | ▼ 7% |
| Retained profit | € 414,635 | € 517,460 | € 599,927 | € 579,036 | ▼ 3% |
| Dividend | € 200,000 | € 250,000 | € 247,027 | € 319,595 | ▲ 29% |
| Bank debt | € 2,507,405 | € 2,592,265 | € 2,701,019 | € 2,363,444 | ▼ 12% |
| Balance sheet total | € 3,601,699 | € 3,769,058 | € 4,034,052 | € 3,712,097 | ▼ 8% |
| Employees (FTE) | 19.9 | 20.1 | 19.9 | 21.2 | ▲ 1.3 |
Key figures of STRAND HOTEL, 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 STRAND HOTEL?
What happened at STRAND HOTEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 298,704 (▼ 9% vs 2024). Source: NBB ↗
- JV Consul+ BV became a director. NBB
- New establishment in Oostende. KBO
- New establishment in Oostende. KBO
- New establishment in Oostende. KBO
- New establishment in Oostende. KBO
- Elto-Invest BV became a director. NBB
- New establishment in Oostende. KBO
In short
From € 341,534 profit in 2022 to € 298,704 profit in 2025.
Paid € 141,865 in corporate taxes since 2022.
Best year ever: 2023, with € 352,825 profit.
On average € 100,100 of value added per employee in 2025.
Management
Behind STRAND HOTEL are Elsie Bruynoghe, JV Consul+ BV and Elto-Invest BV. Elsie Bruynoghe is also behind Elto-Invest.
Directors
According to the 2025 annual accounts
since 2009
Director · represented by Jules Vanhaecke
since 2025
Director · represented by Thomas Vanhaecke
since 2011
Establishments
Establishment units
Physical locations of this company
Visserskaai 1
8400 Oostende
Sint-Franciscusstraat 66 box A3
8400 Oostende
Active since 1 January 2011
Sint-Franciscusstraat 66
8400 Oostende
Active since 1 January 2011
Visserskaai 2
8400 Oostende
Active since 8 June 2020
Sint-Paulusstraat 22 box verdiep 1
8400 Oostende
Active since 8 June 2020
Sint-Franciscusstraat 65
8400 Oostende
Active since 8 June 2020
Sint-Paulusstraat 22 box verdiep 2
8400 Oostende
Active since 8 June 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0428.064.661
- VAT number
- BE 0428.064.661
- Registered office
- Visserskaai 1, 8400 Oostende
- Names & denominations
- STRAND HOTEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 1985
- Peppol
- Active · Active since 2 Jul 2025
- Contact
- hoteldubassin.be
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant