Financials
Financial year 2025
HOTEL SPA RESORT from Spa, company number BE0451873510, closed financial year 2025 with a result of € 710,642 after tax. For that financial year HOTEL SPA RESORT recorded a gross margin of € 4.8 million and equity of € 5 million. Compared with financial year 2024, the result moved from € 265,013 to € 710,642. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 5 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 710,642
▲ 168% vs 2024
Profit after tax over the fiscal year.
€ 807,168
▲ 19% 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 € -120,313.
People and assets in 2025
49.9
▲ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▲ 18% vs 2024
€ 45,400 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.
€ 259,145
▲ 187% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 8.1 million
▲ 50% vs 2024
€ 374,532 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 929,303
▲ 190% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 320,955
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 5,801,350 | - | - | |
| Gross margin | € 2,876,555 | € 3,042,283 | € 3,833,948 | € 4,820,500 | ▲ 26% |
| Profit after taxes | € 79,113 | € 13,939 | € 265,013 | € 710,642 | ▲ 168% |
| Equity | € 5,382,500 | € 4,008,897 | € 4,263,858 | € 4,964,449 | ▲ 16% |
| Total debts | € 5,979,397 | € 7,587,452 | € 6,275,248 | € 9,436,375 | ▲ 50% |
| Cash | € 1,798,008 | € 2,556,864 | € 680,540 | € 807,168 | ▲ 19% |
| Land & buildings | € 8,840,301 | € 8,050,221 | € 7,333,735 | € 7,439,232 | ▲ 1% |
| Retained profit | € -1,109,906 | € -1,095,967 | € -830,954 | € -120,313 | ▲ € 710,642 |
| Bank debt | € 5,150,000 | € 5,100,000 | € 5,383,338 | € 8,063,814 | ▲ 50% |
| Balance sheet total | € 11,361,897 | € 11,596,350 | € 10,539,107 | € 14,400,823 | ▲ 37% |
| Employees (FTE) | 38.3 | 43.2 | 47.7 | 49.9 | ▲ 2.2 |
Key figures of HOTEL SPA RESORT, 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 HOTEL SPA RESORT?
What happened at HOTEL SPA RESORT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 710,642 (▲ 168% vs 2024). filed late Source: NBB ↗
- MAS INVEST became a director. NBB
- New establishment in Spa. KBO
- Start of the company according to the CBE. KBO
In short
From € 79,113 profit in 2022 to € 710,642 profit in 2025.
Paid € 1,862 in corporate taxes since 2022.
Best year ever: 2025, with € 710,642 profit.
On average € 96,600 of value added per employee in 2025.
Management
Behind HOTEL SPA RESORT is MAS INVEST.
Directors
According to the 2025 annual accounts
Director · represented by WOHRMANN MARCO
since 2023
Establishments
Establishment units
Physical locations of this company
Place Royale 39
4900 Spa
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
AMAZON-02 - Amazon.com, Inc., US
Website info
Features
Security
Details
- Company number
- 0451.873.510
- VAT number
- BE 0451.873.510
- Registered office
- Place Royale 39, 4900 Spa
- Names & denominations
- HOTEL SPA RESORT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 1993
- Peppol
- Active · Active since 14 Nov 2025
- Contact
- vandervalkhotelspa.be 003287/27 97 00
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant
Cafés en bars