Financials
Financial year 2025
BELCOAST HOLDING from Middelkerke, company number BE0479856228, closed financial year 2025 with a result of € 628,110 after tax. For that financial year BELCOAST HOLDING recorded a gross margin of € 445,296 and equity of € 3.5 million. Compared with financial year 2024, the result moved from € 2,795 to € 628,110. 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 July 9, 2026.
€ 3.5 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 628,110
▲ € 625,315 vs 2024
Profit after tax over the fiscal year.
€ 16,812
▼ 26% 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 € 1 million.
People and assets in 2025
1.4
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 33,253
▼ 6% vs 2024
€ 23,800 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.
€ 81,713
▲ 63% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.1 million
▲ 13% vs 2024
€ 232,929 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 66,556
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 76,524
▲ € 61,723 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 98,086 | € 283,401 | € 230,235 | € 445,296 | ▲ 93% |
| Profit after taxes | € 27,250 | € 48,484 | € 2,795 | € 628,110 | ▲ € 625,315 |
| Equity | € 2,775,927 | € 2,824,410 | € 2,827,205 | € 3,455,315 | ▲ 22% |
| Total debts | € 5,437,446 | € 7,299,061 | € 7,961,390 | € 8,385,939 | ▲ 5% |
| Cash | € 167,820 | € 44,117 | € 22,757 | € 16,812 | ▼ 26% |
| Land & buildings | € 570,809 | € 1,381,963 | € 1,742,052 | € 2,013,119 | ▲ 16% |
| Retained profit | € 352,327 | € 400,810 | € 403,605 | € 1,031,715 | ▲ 156% |
| Bank debt | € 589,803 | € 2,103,449 | € 2,695,292 | € 3,057,472 | ▲ 13% |
| Balance sheet total | € 8,213,373 | € 10,123,472 | € 10,788,595 | € 11,841,254 | ▲ 10% |
| Employees (FTE) | - | 0.4 | 0.4 | 1.4 | ▲ 1 |
Key figures of BELCOAST HOLDING, 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 BELCOAST HOLDING?
What happened at BELCOAST HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 628,110 (▲ € 625,315 vs 2024). Source: NBB ↗
- Jan Dobbelaere became a director. NBB
- Stefanie Surmont became a director. NBB
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,250 profit in 2022 to € 628,110 profit in 2025.
Paid € 77,456 in corporate taxes since 2022.
Best year ever: 2025, with € 628,110 profit.
On average € 318,100 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
Behind BELCOAST HOLDING are Jan Dobbelaere and Stefanie Surmont. It owns 100% of Belcoast Holiday Homes, 100% of Belcoast Holidays, 41.7% of Doluco, 25% of Hotel Investment Fund, 25% of Sky Hotel Real Estate and 25% of Bricks Invest itself.
Directors
According to the 2025 annual accounts
Jan Dobbelaere
Director
Also active at: Hôtel Impérial, HOTEL HELIOS PATRIMONIUM, Belcoast Holidays, FLOW HOSPITALITY GROUP, HOTEL HELIOS INVEST, Hotel Helios, UPSTAIRS OOSTENDE PATRIMONIUM, UPSTAIRS OOSTENDE UITBATING +11 more
since 2024
Stefanie Surmont
Director
Also active at: Belcoast Holidays, FLOW HOSPITALITY GROUP, HOTEL INVESTMENT FUND, Bolder Hotel, Zeegalm Hotel, WESTBAY HOTEL
since 2024
Establishments
Establishment units
Physical locations of this company
Langestraat 201
8434 Middelkerke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0479.856.228
- VAT number
- BE 0479.856.228
- Registered office
- Langestraat 201, 8434 Middelkerke
- Names & denominations
- BELCOAST HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 2003
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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