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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
Ghent River Hotel from Gent, company number BE0437528693, closed financial year 2025 with a result of € 421,013 after tax. For that financial year Ghent River Hotel recorded a gross margin of € 1.9 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 275,748 to € 421,013. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 26, 2026.
€ 1.7 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 421,013
▲ 53% vs 2024
Profit after tax over the fiscal year.
€ 190,600
▲ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 350,000 paid out
83 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
24.1
▲ 3.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 15% vs 2024
€ 49,000 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.
€ 52,238
▲ 120% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 933,519
▲ 186% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 177,321
▼ 82% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,322,536 | € 1,673,493 | € 1,570,194 | € 1,888,792 | ▲ 20% |
| Profit after taxes | € 156,270 | € 275,369 | € 275,748 | € 421,013 | ▲ 53% |
| Equity | € 1,073,194 | € 1,342,976 | € 1,617,328 | € 1,688,341 | ▲ 4% |
| Total debts | € 2,377,910 | € 2,073,591 | € 1,332,420 | € 1,460,840 | ▲ 10% |
| Cash | € 83,941 | € 68,618 | € 108,853 | € 190,600 | ▲ 75% |
| Land & buildings | € 1,226,116 | € 1,025,960 | € 948,961 | € 911,209 | ▼ 4% |
| Retained profit | € -533,789 | € -258,421 | € 17,328 | € 88,341 | ▲ € 71,013 |
| Dividend | € 0 | € 0 | € 0 | € 350,000 | |
| Bank debt | € 293,738 | € 160,929 | € 23,395 | € 0 | ▼ 100% |
| Balance sheet total | € 3,457,623 | € 3,417,286 | € 2,949,747 | € 3,149,181 | ▲ 7% |
| Employees (FTE) | 19.9 | 21.2 | 20.3 | 24.1 | ▲ 3.8 |
Key figures of Ghent River 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 30 April 2027.
What happened to Ghent River Hotel?
What happened at Ghent River Hotel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FLODER NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 421,013 (▲ 53% vs 2024). Source: NBB ↗
- FLODER NV became a director. NBB
- Florence De Witte stepped down as director. NBB
- Philippe Destray stepped down as director. NBB
- Florence De Witte became a director. NBB
- Philippe Destray became a director. NBB
- New establishment in Gent. KBO
In short
From € 156,270 profit in 2022 to € 421,013 profit in 2025.
Paid € 533 in corporate taxes since 2022.
Best year ever: 2025, with € 421,013 profit.
On average € 78,400 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Bestuurder · represented by Thomas De Witte
Also active at: CREATIVE CONSTRUCTION and RENOVATION, RESIDENCE APARTHOTEL WELLINGTON, GRAVENSTEEN, HOTEL DE FLANDRE, LE SORINIA, MULTI CONSTRUCTION, CONTINENTAL STAY, STAY@BRUSSELS +3 more
since 2026 · until 2031
since 2021 · until 2026
Philippe Destray
Bestuurder
since 2021 · until 2026
Establishments
Establishment units
Physical locations of this company
Waaistraat +5
9000 Gent
Waaistraat 5
9000 Gent
Active since 11 December 2001
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
- 0437.528.693
- VAT number
- BE 0437.528.693
- Registered office
- Waaistraat +5, 9000 Gent
- Names & denominations
- Ghent River Hotel
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 1989
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- ghent-river-hotel.be
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant