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 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DUKES' PALACE from Brugge, company number BE0448986868, closed financial year 2025 with a result of € 2 million after tax. For that financial year DUKES' PALACE recorded revenue of € 14.5 million and equity of € 20.7 million. Compared with financial year 2024, the result moved from € 2.2 million to € 2 million. The company is profitable. 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 June 8, 2026.
€ 20.7 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2 million
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
65.4
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▼ 2% vs 2024
€ 48,800 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.
€ 97,807
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20.6 million
▼ 13% vs 2024
€ 3 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1.2 million
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 73 days on average.
€ 522,095
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,876,166 | € 13,644,132 | € 14,784,012 | € 14,468,147 | ▼ 2% |
| Profit after taxes | € 2,479,593 | € 2,581,551 | € 2,173,571 | € 1,955,390 | ▼ 10% |
| Equity | € 19,176,187 | € 20,357,602 | € 22,247,048 | € 20,726,035 | ▼ 7% |
| Total debts | € 32,658,374 | € 29,415,002 | € 25,624,962 | € 22,326,414 | ▼ 13% |
| Cash | € 12,190,582 | € 1,273,472 | € 757,504 | € 1,018,007 | ▲ 34% |
| Land & buildings | € 21,451,203 | € 22,714,229 | € 24,652,588 | € 23,234,869 | ▼ 6% |
| Retained profit | € 5,336,913 | € 6,518,327 | € 8,407,774 | € 6,886,760 | ▼ 18% |
| Dividend | € 2,100,000 | € 1,400,137 | € 284,124 | € 3,476,404 | ▲ € 3.2 million |
| Bank debt | € 29,482,249 | € 26,552,218 | € 23,594,824 | € 20,608,443 | ▼ 13% |
| Balance sheet total | € 51,834,561 | € 49,772,603 | € 47,872,010 | € 43,052,448 | ▼ 10% |
| Employees (FTE) | 46.6 | 55 | 64.8 | 65.4 | ▲ 0.6 |
Key figures of DUKES' PALACE, 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 DUKES' PALACE?
What happened at DUKES' PALACE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2 million (▼ 10% vs 2024). Source: NBB ↗
- Dukes' Hotel Collection BV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.5 million profit in 2022 to € 2 million profit in 2025.
Paid € 3.2 million in corporate taxes since 2022.
Best year ever: 2023, with € 2.6 million profit.
Paid out € 7.3 million in dividends to the owners in total.
Management
The stake of DUKES ' HOTEL COLLECTION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DUKES' PALACEBehind DUKES' PALACE is Dukes' Hotel Collection BV. The shares are held by DUKES ' HOTEL COLLECTION (100%). It owns 100% of DUKES' ARCHES itself.
Directors
According to the 2025 annual accounts
Statutaire Bestuurder · represented by Pieter Degroote
Also active at: DUKES' PALACE RESIDENCE, DUKES' ACADEMIE, DUKES' ARCHES, MEMLINC
since 2021
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Prinsenhof 8
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Domain
Domain
hoteldukespalace.com
Registered
2013-04-04
Registrar
Combell NV
Expires
2026-04-04
Website info
Features
Security
Network
Details
- Company number
- 0448.986.868
- VAT number
- BE 0448.986.868
- Registered office
- Prinsenhof 8, 8000 Brugge
- Names & denominations
- DUKES' PALACE · DKP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 1992
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
Hotels en motels, met restaurant
Hotels en dergelijke accommodatie
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening