Financials
Financial year 2024
ADAGIO KNOKKE - ZOUTE from Knokke-Heist, company number BE0450387232, closed financial year 2024 with a result of € 8,083 after tax. For that financial year ADAGIO KNOKKE - ZOUTE recorded a gross margin of € 324,022 and equity of € 638,922. Compared with financial year 2023, the result moved from € 66,327 to € 8,083. The company is profitable. 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 August 18, 2025.
€ 638,922
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,083
▼ 88% vs 2023
Profit after tax over the fiscal year.
€ 285,928
▲ 4% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 352,172.
People and assets in 2024
5.2
▲ 0.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 287,675
▲ 7% vs 2023
€ 55,300 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.
€ 1,587
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 11,200
▲ 25% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 25,750
▼ 1% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 213,137 | € 270,173 | € 366,523 | € 324,022 | ▼ 12% |
| Profit after taxes | € 21,282 | € 19,397 | € 66,327 | € 8,083 | ▼ 88% |
| Equity | € 617,971 | € 637,368 | € 630,839 | € 638,922 | ▲ 1% |
| Total debts | € 37,768 | € 43,773 | € 38,629 | € 44,921 | ▲ 16% |
| Cash | € 285,422 | € 266,318 | € 276,156 | € 285,928 | ▲ 4% |
| Land & buildings | € 249,034 | € 265,370 | € 245,724 | € 226,078 | ▼ 8% |
| Retained profit | € 331,221 | € 350,618 | € 344,089 | € 352,172 | ▲ 2% |
| Dividend | € 0 | € 0 | € 72,857 | € 0 | ▼ 100% |
| Balance sheet total | € 655,739 | € 681,141 | € 669,468 | € 683,843 | ▲ 2% |
| Employees (FTE) | 5.5 | 5.3 | 5 | 5.2 | ▲ 0.2 |
Key figures of ADAGIO KNOKKE - ZOUTE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ADAGIO KNOKKE - ZOUTE?
What happened at ADAGIO KNOKKE - ZOUTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 8,083 (▼ 88% vs 2023). filed late Source: NBB ↗
- GT&MT BV became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,282 profit in 2021 to € 8,083 profit in 2024.
Paid € 3,473 in corporate taxes since 2021.
Best year ever: 2023, with € 66,327 profit.
On average € 62,300 of value added per employee in 2024.
Management
The stake of GT&MT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ADAGIO KNOKKE - ZOUTEBehind ADAGIO KNOKKE - ZOUTE is GT&MT BV. The shares are held by GT&MT (49%).
Establishments
Establishment units
Physical locations of this company
Van Bunnenlaan 12
8300 Knokke-Heist
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
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0450.387.232
- VAT number
- BE 0450.387.232
- Registered office
- Van Bunnenlaan 12, 8300 Knokke-Heist
- Names & denominations
- ADAGIO KNOKKE - ZOUTE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 1993
- Peppol
- Active · Active since 30 Jan 2025
- Contact
- hoteladagio.be
- Activities · NACE
Hotels en motels, met restaurant
Hotels en dergelijke accommodatie
Hotels en motels, zonder restaurant