Financials
Financial year 2025
GRAND HOTEL CASSELBERGH from Oostkamp, company number BE0465532890, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year GRAND HOTEL CASSELBERGH recorded a gross margin of € 4.8 million and equity of € 10.1 million. Compared with financial year 2024, the result moved from € 1.5 million to € 1.2 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 May 28, 2026.
€ 10.1 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 2.8 million
▲ 269% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
34.2
▼ 5.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▼ 12% vs 2024
€ 52,200 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.
€ 93,876
▲ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 612,946
▼ 11% vs 2024
€ 74,053 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 646,561
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 280,943
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,629,731 | € 8,860,112 | - | - | |
| Gross margin | - | - | € 4,953,326 | € 4,780,690 | ▼ 3% |
| Profit after taxes | € 840,220 | € 1,519,641 | € 1,516,973 | € 1,221,807 | ▼ 19% |
| Equity | € 11,821,726 | € 8,974,298 | € 10,432,203 | € 10,094,941 | ▼ 3% |
| Total debts | € 1,247,335 | € 6,250,217 | € 1,779,709 | € 3,040,749 | ▲ 71% |
| Cash | € 2,853,136 | € 799,343 | € 770,826 | € 2,840,925 | ▲ 269% |
| Land & buildings | € 7,734,128 | € 7,637,369 | € 7,213,015 | € 7,489,846 | ▲ 4% |
| Retained profit | € 8,555,783 | € 5,767,423 | € 7,284,397 | € 7,006,203 | ▼ 4% |
| Dividend | € 0 | € 4,308,000 | € 0 | € 1,500,000 | |
| Bank debt | € 375,001 | € 755,318 | € 685,089 | € 612,946 | ▼ 11% |
| Balance sheet total | € 13,069,061 | € 15,224,515 | € 12,211,912 | € 13,135,689 | ▲ 8% |
| Employees (FTE) | 35.3 | 36.4 | 39.3 | 34.2 | ▼ 5.1 |
Key figures of GRAND HOTEL CASSELBERGH, 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 GRAND HOTEL CASSELBERGH?
What happened at GRAND HOTEL CASSELBERGH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.2 million (▼ 19% vs 2024). Source: NBB ↗
- Janick Maertens BV became a director. NBB
- Atavus BV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 840,220 profit in 2022 to € 1.2 million profit in 2025.
Paid € 1.7 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.5 million profit.
On average € 139,800 of value added per employee in 2025.
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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
Management
The stake of ATAVUS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GRAND HOTEL CASSELBERGHBehind GRAND HOTEL CASSELBERGH are Janick Maertens BV and Atavus BV. The shares are held by ATAVUS (99.9%).
Directors
According to the 2025 annual accounts
Director · represented by Janick Maertens
Also active at: Hotel Aragon, JET CENTER, ATAVUS INVEST, ATAVUS ZUID, GENT ZUID, ATAVUS CONSTRUCT
since 2022
Director · represented by Xavier Degroote
Also active at: Hotel Aragon, JET CENTER, ATAVUS INVEST, ATAVUS ZUID, GENT ZUID, ATAVUS CONSTRUCT
since 2022
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kapellestraat 130 box H1
8020 Oostkamp
Hoogstraat 6
8000 Brugge
Active since 11 May 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Hotel Aragon same network
€ 1.8 million gross margin · 2025
JETCENTER same network
€ 1.5 million gross margin · 2025
CERM
€ 15.7 million revenue · 2026
CERM INTERNATIONAL
€ 1 million revenue · 2026
ATAVUS INVEST same network
€ 580,733 gross margin · 2025
+3 more
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
Self-hosted
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Domain
Domain
grandhotelcasselbergh.com
Registered
2009-03-13
Registrar
NameWeb BVBA
Expires
2027-03-13
Website info
Features
Security
Details
- Company number
- 0465.532.890
- VAT number
- BE 0465.532.890
- Registered office
- Kapellestraat 130 bus H1, 8020 Oostkamp
- Names & denominations
- GRAND HOTEL CASSELBERGH · GHC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 1999
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Hotels en dergelijke accommodatie