What does GHISOTEL do?

GHISOTEL is a hotel in Ath. Private Limited, started on 2 April 2013, 1 establishment.

What is the address of GHISOTEL?

The registered office of GHISOTEL is located at Avenue des Artisans(GHI) 1, 7822 Ath.

Is GHISOTEL still active?

Yes. According to the CBE (30 October 2026) GHISOTEL is active, legal situation “Normale toestand”, started on 2 April 2013.

Is GHISOTEL registered on Peppol?

Yes, GHISOTEL is registered on the Peppol network with ID 0208:0525658044.

What is the enterprise number of GHISOTEL?

The enterprise number of GHISOTEL is BE0525658044.

When was GHISOTEL founded?

GHISOTEL was founded on 2 April 2013.

Who are the directors of GHISOTEL?

According to the 2025 annual accounts, the directors of GHISOTEL are: Wecarehotels.

Is GHISOTEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 April 2013; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GHISOTEL make in 2025?

GHISOTEL posted a profit after taxes of € 192,480 in financial year 2025.

What is the revenue of GHISOTEL?

As a small company, GHISOTEL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,222,617.

How much does an employee at GHISOTEL earn?

The average wage cost per full-time employee at GHISOTEL was € 44,900 in 2025: staff costs of € 813,395 for 18.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GHISOTEL have?

According to the 2025 annual accounts, GHISOTEL has 18.1 full-time equivalents (FTE).

GHISOTEL (Private Limited) - Ath - BE0525658044

Dossier GHISOTEL, printed on 30 October 2026 from databakkes.be/en/0525658044/ghisotel. 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.

Tight liquidity NBB

Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GHISOTEL from Ath, company number BE0525658044, closed financial year 2025 with a result of € 192,480 after tax. For that financial year GHISOTEL recorded a gross margin of € 1.2 million and equity of € 508,617. Compared with financial year 2024, the result moved from € 188,039 to € 192,480. Profitable, and profit is growing. 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 26, 2026.

What it is worth Growing

€ 508,617

▲ 57% vs 2024

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

Profit Growing

€ 192,480

▲ 2% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 138,518

▲ 55% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 324,939.

People and assets in 2025

Full-time equivalents

18.1

▲ 1.6 vs 2024

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

Wage cost

€ 813,395

▲ 17% vs 2024

€ 44,900 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

€ 36,326

▼ 11% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 495,826

▼ 31% vs 2024

€ 148,894 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 48,019

▼ 18% vs 2024

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

Taxes and wages

€ 131,625

▲ 60% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 630,289 Gross margin 2022: € 630,289 First fiscal year in the series	€ 819,549 Gross margin 2023: € 819,549 ▲ 30% vs 2022 (€ 630,289) Favourable step	€ 1,045,462 Gross margin 2024: € 1,045,462 ▲ 28% vs 2023 (€ 819,549) Favourable step	€ 1,222,617 Gross margin 2025: € 1,222,617 ▲ 17% vs 2024 (€ 1,045,462) Favourable step	▲ 17%
Profit after taxes	€ -88,662 Profit after taxes 2022: € -88,662 First fiscal year in the series	€ 28,963 Profit after taxes 2023: € 28,963 ▲ € 117,625 vs 2022 (€ -88,662) Favourable step	€ 188,039 Profit after taxes 2024: € 188,039 ▲ € 159,076 vs 2023 (€ 28,963) Favourable step	€ 192,480 Profit after taxes 2025: € 192,480 ▲ 2% vs 2024 (€ 188,039) Favourable step	▲ 2%
Equity	€ 98,658 Equity 2022: € 98,658 First fiscal year in the series	€ 146,097 Equity 2023: € 146,097 ▲ 48% vs 2022 (€ 98,658) Favourable step	€ 323,403 Equity 2024: € 323,403 ▲ 121% vs 2023 (€ 146,097) Favourable step	€ 508,617 Equity 2025: € 508,617 ▲ 57% vs 2024 (€ 323,403) Favourable step	▲ 57%
Total debts	€ 1,364,154 Total debts 2022: € 1,364,154 First fiscal year in the series	€ 1,273,413 Total debts 2023: € 1,273,413 ▼ 7% vs 2022 (€ 1,364,154) Favourable step	€ 1,040,296 Total debts 2024: € 1,040,296 ▼ 18% vs 2023 (€ 1,273,413) Favourable step	€ 811,190 Total debts 2025: € 811,190 ▼ 22% vs 2024 (€ 1,040,296) Favourable step	▼ 22%
Cash	€ 137,215 Cash 2022: € 137,215 First fiscal year in the series	€ 204,614 Cash 2023: € 204,614 ▲ 49% vs 2022 (€ 137,215) Favourable step	€ 89,221 Cash 2024: € 89,221 ▼ 56% vs 2023 (€ 204,614) Unfavourable step	€ 138,518 Cash 2025: € 138,518 ▲ 55% vs 2024 (€ 89,221) Favourable step	▲ 55%
Land & buildings	€ 1,017,687 Land & buildings 2022: € 1,017,687 First fiscal year in the series	€ 971,249 Land & buildings 2023: € 971,249 ▼ 5% vs 2022 (€ 1,017,687) Unchanged	€ 966,744 Land & buildings 2024: € 966,744 Unchanged (€ 971,249) Unchanged	€ 942,890 Land & buildings 2025: € 942,890 ▼ 2% vs 2024 (€ 966,744) Unchanged	▼ 2%
Retained profit	€ -75,609 Retained profit 2022: € -75,609 First fiscal year in the series	€ -55,580 Retained profit 2023: € -55,580 ▲ € 20,029 vs 2022 (€ -75,609) Favourable step	€ 132,459 Retained profit 2024: € 132,459 ▲ € 188,039 vs 2023 (€ -55,580) Favourable step	€ 324,939 Retained profit 2025: € 324,939 ▲ 145% vs 2024 (€ 132,459) Favourable step	▲ 145%
Bank debt	€ 1,189,177 Bank debt 2022: € 1,189,177 First fiscal year in the series	€ 989,690 Bank debt 2023: € 989,690 ▼ 17% vs 2022 (€ 1,189,177) Favourable step	€ 720,295 Bank debt 2024: € 720,295 ▼ 27% vs 2023 (€ 989,690) Favourable step	€ 495,826 Bank debt 2025: € 495,826 ▼ 31% vs 2024 (€ 720,295) Favourable step	▼ 31%
Balance sheet total	€ 1,462,812 Balance sheet total 2022: € 1,462,812 First fiscal year in the series	€ 1,419,510 Balance sheet total 2023: € 1,419,510 ▼ 3% vs 2022 (€ 1,462,812) Unchanged	€ 1,363,699 Balance sheet total 2024: € 1,363,699 ▼ 4% vs 2023 (€ 1,419,510) Unchanged	€ 1,319,807 Balance sheet total 2025: € 1,319,807 ▼ 3% vs 2024 (€ 1,363,699) Unchanged	▼ 3%
Employees (FTE)	12.9 Employees (FTE) 2022: 12.9 First fiscal year in the series	14.5 Employees (FTE) 2023: 14.5 ▲ 1.6 vs 2022 (12.9) Unchanged	16.5 Employees (FTE) 2024: 16.5 ▲ 2 vs 2023 (14.5) Unchanged	18.1 Employees (FTE) 2025: 18.1 ▲ 1.6 vs 2024 (16.5) Unchanged	▲ 1.6

Key figures of GHISOTEL, 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 GHISOTEL?

What happened at GHISOTEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 26, 2026 New annual accounts for financial year 2025: profit of € 192,480 (▲ 2% vs 2024). Source: NBB ↗
2015 Wecarehotels became a director. NBB
Apr 2, 2013 New establishment in Ath. KBO
Apr 2, 2013 Start of the company according to the CBE. KBO