What does HOTREC, Hotels, Restaurants & Cafés in Europe do?

HOTREC, Hotels, Restaurants & Cafés in Europe is a business association in Brussel. Int. non-profit, started on 4 November 1993, 1 establishment.

What is the address of HOTREC, Hotels, Restaurants & Cafés in Europe?

The registered office of HOTREC, Hotels, Restaurants & Cafés in Europe is located at de Meeûssquare 23, 1000 Brussel.

Is HOTREC, Hotels, Restaurants & Cafés in Europe still active?

Yes. According to the CBE (18 September 2026) HOTREC, Hotels, Restaurants & Cafés in Europe is active, legal situation “Normale toestand”, started on 4 November 1993.

Is HOTREC, Hotels, Restaurants & Cafés in Europe registered on Peppol?

Yes, HOTREC, Hotels, Restaurants & Cafés in Europe is registered on the Peppol network with ID 0208:0451258945.

What is the enterprise number of HOTREC, Hotels, Restaurants & Cafés in Europe?

The enterprise number of HOTREC, Hotels, Restaurants & Cafés in Europe is BE0451258945.

When was HOTREC, Hotels, Restaurants & Cafés in Europe founded?

HOTREC, Hotels, Restaurants & Cafés in Europe was founded on 4 November 1993.

Who are the directors of HOTREC, Hotels, Restaurants & Cafés in Europe?

According to the 2025 annual accounts, the directors of HOTREC, Hotels, Restaurants & Cafés in Europe are: FEDJA POBEGAJLO, ALEXANDRE VASSILICOS, MARIA SCHREINER, MORTEN THORVALDSEN, ALEXANDRE ARCHIER, ALESSANDRO CAVALIERE, JOHANNES KANT, MARKUS LUTHE .

Is HOTREC, Hotels, Restaurants & Cafés in Europe a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 November 1993; 5 annual accounts filed, latest fiscal year 2025; 11 directors known from the annual account.

How much profit did HOTREC, Hotels, Restaurants & Cafés in Europe make in 2025?

HOTREC, Hotels, Restaurants & Cafés in Europe posted a profit after taxes of € 44,401 in financial year 2025.

What is the revenue of HOTREC, Hotels, Restaurants & Cafés in Europe?

In its most recent annual accounts (2025), HOTREC, Hotels, Restaurants & Cafés in Europe reported revenue of € 1,325,740.

How much does an employee at HOTREC, Hotels, Restaurants & Cafés in Europe earn?

The average wage cost per full-time employee at HOTREC, Hotels, Restaurants & Cafés in Europe was € 119,600 in 2025: staff costs of € 801,037 for 6.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does HOTREC, Hotels, Restaurants & Cafés in Europe have?

According to the 2025 annual accounts, HOTREC, Hotels, Restaurants & Cafés in Europe has 6.7 full-time equivalents (FTE).

HOTREC, Hotels, Restaurants & Cafés in Europe (Int. non-profit)

Dossier HOTREC, Hotels, Restaurants & Cafés in Europe, printed on 18 September 2026 from databakkes.be/en/0451258945/hotrec-hotels-restaurants-cafes-in-europe. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

11 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

HOTREC, Hotels, Restaurants & Cafés in Europe from Brussel, company number BE0451258945, closed financial year 2025 with a result of € 44,401 after tax. For that financial year HOTREC, Hotels, Restaurants & Cafés in Europe recorded revenue of € 1.3 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 78,796 to € 44,401. 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 June 5, 2026.

What it is worth Growing

€ 1.4 million

▲ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 44,401

▼ 44% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 786,903

▲ € 745,080 vs 2024

Cash and bank balances on the last day of the fiscal year.

People and assets in 2025

Full-time equivalents

6.7

▲ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 801,037

▲ 5% vs 2024

€ 119,600 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.

Vehicles and equipment

€ 6,070

▼ 74% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 46,921

▲ 145% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 99,653

▼ 11% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	-	-	€ 1,325,740 Revenue 2025: € 1,325,740 First fiscal year in the series
Gross margin	€ 643,171 Gross margin 2022: € 643,171 First fiscal year in the series	€ 851,246 Gross margin 2023: € 851,246 ▲ 32% vs 2022 (€ 643,171) Favourable step	€ 893,727 Gross margin 2024: € 893,727 ▲ 5% vs 2023 (€ 851,246) Favourable step	€ 867,865 Gross margin 2025: € 867,865 ▼ 3% vs 2024 (€ 893,727) Unfavourable step	▼ 3%
Profit after taxes	€ -32,551 Profit after taxes 2022: € -32,551 First fiscal year in the series	€ 113,566 Profit after taxes 2023: € 113,566 ▲ € 146,117 vs 2022 (€ -32,551) Favourable step	€ 78,796 Profit after taxes 2024: € 78,796 ▼ 31% vs 2023 (€ 113,566) Unfavourable step	€ 44,401 Profit after taxes 2025: € 44,401 ▼ 44% vs 2024 (€ 78,796) Unfavourable step	▼ 44%
Equity	€ 1,208,503 Equity 2022: € 1,208,503 First fiscal year in the series	€ 1,322,069 Equity 2023: € 1,322,069 ▲ 9% vs 2022 (€ 1,208,503) Favourable step	€ 1,400,865 Equity 2024: € 1,400,865 ▲ 6% vs 2023 (€ 1,322,069) Favourable step	€ 1,445,266 Equity 2025: € 1,445,266 ▲ 3% vs 2024 (€ 1,400,865) Favourable step	▲ 3%
Total debts	€ 107,023 Total debts 2022: € 107,023 First fiscal year in the series	€ 118,275 Total debts 2023: € 118,275 ▲ 11% vs 2022 (€ 107,023) Unfavourable step	€ 153,991 Total debts 2024: € 153,991 ▲ 30% vs 2023 (€ 118,275) Unfavourable step	€ 212,593 Total debts 2025: € 212,593 ▲ 38% vs 2024 (€ 153,991) Unfavourable step	▲ 38%
Cash	€ 24,790 Cash 2022: € 24,790 First fiscal year in the series	€ 1,020,057 Cash 2023: € 1,020,057 ▲ € 995,267 vs 2022 (€ 24,790) Favourable step	€ 41,823 Cash 2024: € 41,823 ▼ 96% vs 2023 (€ 1,020,057) Unfavourable step	€ 786,903 Cash 2025: € 786,903 ▲ € 745,080 vs 2024 (€ 41,823) Favourable step	▲ € 745,080
Retained profit	€ 1,208,503 Retained profit 2022: € 1,208,503 First fiscal year in the series	€ 1,322,069 Retained profit 2023: € 1,322,069 ▲ 9% vs 2022 (€ 1,208,503) Favourable step	€ 1,400,865 Retained profit 2024: € 1,400,865 ▲ 6% vs 2023 (€ 1,322,069) Favourable step	€ 1,445,266 Retained profit 2025: € 1,445,266 ▲ 3% vs 2024 (€ 1,400,865) Favourable step	▲ 3%
Balance sheet total	€ 1,315,526 Balance sheet total 2022: € 1,315,526 First fiscal year in the series	€ 1,440,344 Balance sheet total 2023: € 1,440,344 ▲ 9% vs 2022 (€ 1,315,526) Unchanged	€ 1,554,856 Balance sheet total 2024: € 1,554,856 ▲ 8% vs 2023 (€ 1,440,344) Unchanged	€ 1,657,859 Balance sheet total 2025: € 1,657,859 ▲ 7% vs 2024 (€ 1,554,856) Unchanged	▲ 7%
Employees (FTE)	5.9 Employees (FTE) 2022: 5.9 First fiscal year in the series	6.6 Employees (FTE) 2023: 6.6 ▲ 0.7 vs 2022 (5.9) Unchanged	6.6 Employees (FTE) 2024: 6.6 Unchanged (6.6) Unchanged	6.7 Employees (FTE) 2025: 6.7 ▲ 0.1 vs 2024 (6.6) Unchanged	▲ 0.1

Key figures of HOTREC, Hotels, Restaurants & Cafés in Europe, 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 HOTREC, Hotels, Restaurants & Cafés in Europe?

What happened at HOTREC, Hotels, Restaurants & Cafés in Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2026 FEDJA POBEGAJLO stepped down as director. NBB
2026 ALEXANDRE VASSILICOS stepped down as director. NBB
2026 MARIA SCHREINER stepped down as director. NBB
2026 MORTEN THORVALDSEN stepped down as director. NBB
2026 ALEXANDRE ARCHIER stepped down as director. NBB
2026 ALESSANDRO CAVALIERE stepped down as director. NBB
2026 JOHANNES KANT stepped down as director. NBB
2026 MARKUS LUTHE stepped down as director. NBB

In short

From € 32,551 loss in 2022 to € 44,401 profit in 2025.

Paid € 16,385 in corporate taxes since 2022.

Best year ever: 2023, with € 113,566 profit.

On average € 129,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

A new publication or filing at HOTREC, Hotels, Restaurants & Cafés in Europe? We notify you, reason included.

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My folder 3 companies

De Lijn 8 June 2026 New annual account 2025

filed on 8 June 2026

What was left

€ 20 k ▼ 91%
Money in the bank

€ 178 k ▼ 98%

Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit

Real filings at the National Bank

Management

Directors

According to the 2025 annual accounts

FEDJA POBEGAJLO

Director

since 2025 · until 2026

ALEXANDRE VASSILICOS

Chairman of the board

since 2025 · until 2026

MARIA SCHREINER

Director

since 2025 · until 2026

MORTEN THORVALDSEN

Vice-chairman of the board

Also active at: HOTEL BRISTOL STEPHANIE, THON BELGIUM

since 2025 · until 2026

ALEXANDRE ARCHIER

Director

since 2025 · until 2026

ALESSANDRO CAVALIERE

Director

since 2025 · until 2026

JOHANNES KANT

Director

since 2025 · until 2026

MARKUS LUTHE

Director

since 2025 · until 2026

LUDO GEURDEN

Director

since 2025 · until 2026

ELISABETH HAGLUND

Director

since 2025 · until 2026

ADRIAN CUMMINS

Director

since 2025 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

de Meeûssquare 23

1000 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.

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Details

Company number

0451.258.945

VAT number

BE 0451.258.945

Registered office

de Meeûssquare 23, 1000 Brussel

Names & denominations

HOTREC, Hotels, Restaurants & Cafés in Europe

Enterprise type

Rechtspersoon

Legal form

International non-profit association

Legal situation

Normale toestand

Start date

4 November 1993

Peppol

Active · Active since 11 May 2026

Activities · NACE

Activiteiten van bedrijfs- en werkgeversorganisaties

Bedrijfs- en werkgeversorganisaties

View on CBE Public ↗ Annual accounts (NBB) ↗

HOTREC, Hotels, Restaurants & Cafés in Europe

Warning lights

Financials

What happened to HOTREC, Hotels, Restaurants & Cafés in Europe?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions