Warning lights
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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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Flanders Hospitality from Nieuwpoort, company number BE0439775729, closed financial year 2025 with a result of € 164,422 after tax. For that financial year Flanders Hospitality recorded a gross margin of € 703,215 and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 220,197 to € 164,422. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 27, 2026.
€ 3.7 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 164,422
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 26,880
▲ € 24,160 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 € 3.6 million.
Debts at end 2025
€ 2 million
Loans from banks and other lenders, long and short.
€ 20.1 million
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -36,575 | € 166,721 | € 722,395 | € 703,215 | ▼ 3% |
| Profit after taxes | € 293,437 | € -676,855 | € 220,197 | € 164,422 | ▼ 25% |
| Equity | € 3,991,723 | € 3,314,868 | € 3,535,065 | € 3,699,487 | ▲ 5% |
| Total debts | € 138,032 | € 23,858,817 | € 23,057,598 | € 22,166,848 | ▼ 4% |
| Cash | € 650 | € 34 | € 2,720 | € 26,880 | ▲ € 24,160 |
| Land & buildings | - | € 19,511,200 | € 18,839,746 | € 18,167,618 | ▼ 4% |
| Retained profit | € 3,930,223 | € 3,253,368 | € 3,473,565 | € 3,637,987 | ▲ 5% |
| Bank debt | € 0 | € 0 | € 1,960,000 | € 1,960,000 | |
| Balance sheet total | € 4,842,018 | € 27,862,205 | € 27,257,441 | € 26,507,371 | ▼ 3% |
Key figures of Flanders Hospitality, 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 June 2027.
What happened to Flanders Hospitality?
What happened at Flanders Hospitality in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NORTH SEA PROPERTIES NV stepped down as director. NBB
- SEA COAST GROUP AC BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 164,422 (▼ 25% vs 2024). Source: NBB ↗
- NORTH SEA PROPERTIES NV became a director. NBB
- SEA COAST GROUP AC BV became a director. NBB
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 293,437 profit in 2022 to € 164,422 profit in 2025.
Paid € 162,023 in corporate taxes since 2022.
Best year ever: 2022, with € 293,437 profit.
Management
The stake of SEA COAST GROUP AC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Flanders HospitalityThe shares are held by SEA COAST GROUP AC (98%).
Directors
According to the 2025 annual accounts
Director · represented by Heline Cloet
Also active at: VEDESCA, MONIRO, BELGIUM FAMILY INVEST, Sea Coast Belgium Project
since 2026 · until 2032
Managing director · represented by Adelin Cloet
Also active at: VEDESCA, Promotion and Building Company, MONIRO, NORTH BUILDINGS, SEA COAST BEL, SEA COAST HORSES, SEA COAST CONSTRUCTION, Dunehotel +4 more
since 2026 · until 2032
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Albert I laan 98
8620 Nieuwpoort
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →VEDESCA same network
€ -387 gross margin · 2025
NORTH SEA PROPERTIES same network
€ -4,931 gross margin · 2025
H & D COMPANY
€ 25,331 gross margin · 2026
Promotion and Building Company same network
€ 5,924 gross margin · 2025
MONIRO same network
€ -400 gross margin · 2025
+15 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.775.729
- VAT number
- BE 0439.775.729
- Registered office
- Albert I laan 98, 8620 Nieuwpoort
- Names & denominations
- Flanders Hospitality · F.H.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 January 1990
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
Hotels en dergelijke accommodatie
Ontwikkeling van residentiële bouwprojecten