Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Hotel Development Veemarkt from Gent, company number BE0538691280, closed financial year 2025 with a result of € 27,993 after tax. For that financial year Hotel Development Veemarkt recorded revenue of € 2.2 million and equity of € 272,885. Compared with financial year 2024, the result moved from € 438,816 to € 27,993. 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 September 24, 2026.
€ 272,885
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,993
▼ 94% vs 2024
Profit after tax over the fiscal year.
€ 133,151
▼ 7% 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 € 211,385.
People and assets in 2025
15.3
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 808,201
▲ 6% vs 2024
€ 52,800 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.
€ 19,664
▼ 22% vs 2024
Of which on lease € 19,664.
Debts at end 2025
€ 98,755
▼ 24% vs 2024
€ 72,684 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 91,187
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 202,616
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,878,306 | € 2,393,766 | € 2,181,640 | € 2,204,740 | ▲ 1% |
| Gross margin | - | € 1,143,808 | € 1,534,538 | € 1,091,895 | ▼ 29% |
| Profit after taxes | € 44,621 | € 56,670 | € 438,816 | € 27,993 | ▼ 94% |
| Equity | € -25,594 | € 31,077 | € 244,893 | € 272,885 | ▲ 11% |
| Total debts | € 1,208,068 | € 1,152,424 | € 792,063 | € 465,195 | ▼ 41% |
| Cash | € 200,030 | € 398,671 | € 143,665 | € 133,151 | ▼ 7% |
| Retained profit | € -87,094 | € -30,423 | € 183,393 | € 211,385 | ▲ 15% |
| Dividend | € 0 | € 0 | € 225,000 | € 0 | ▼ 100% |
| Bank debt | € 153,573 | € 150,000 | € 130,515 | € 98,755 | ▼ 24% |
| Balance sheet total | € 1,182,474 | € 1,183,501 | € 1,036,956 | € 738,080 | ▼ 29% |
| Employees (FTE) | 13.3 | 13.2 | 15.2 | 15.3 | ▲ 0.1 |
Key figures of Hotel Development Veemarkt, 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 Development Veemarkt?
What happened at Hotel Development Veemarkt in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bouke Koppert stepped down as director. NBB
- Stephen John Loftus stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 27,993 (▼ 94% vs 2024). filed late Source: NBB ↗
- Betty Houben stepped down as director. NBB
- Bouke Koppert became a director. NBB
- Stephen John Loftus became a director. NBB
- Betty Houben became a director. NBB
- New establishment in Mechelen. KBO
In short
From € 44,621 profit in 2022 to € 27,993 profit in 2025.
Paid € 30,114 in corporate taxes since 2022.
Best year ever: 2024, with € 438,816 profit.
On average € 71,400 of value added per employee in 2025.
A new publication or filing at Hotel Development Veemarkt? We notify you, reason included.
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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 shares are held by Prem Hotels (100%) and Serret Limited (0%).
Directors
According to the 2025 annual accounts
Bouke Koppert
Director
Also active at: Hotel Development Oudenaarde, HOTEL DEVELOPMENT LIDO, Hotel Development Queen Astrid, Hotel Development City Center, QUBIK HOSPITALITY, Hotel Development Opera, Hotel Development Belzan, Prem Hotels
since 2025 · until 2031
Betty Houben
Director
Also active at: Hotel Development Oudenaarde, HOTEL DEVELOPMENT LIDO, Hotel Development Queen Astrid, Hotel Development City Center, Hotel Development Opera, Hotel Development Belzan, Prem Hotels, S.Ma.R.T. Support & Solutions
since 2020 · until 2026
since 2025 · until 2031
Shareholders
100%
Serret Limited
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Drongenplein 26 box D
9031 Gent
Veemarkt 37C
2800 Mechelen
Active since 17 September 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →Oude Abdij van Drongen
€ 1.1 million gross margin · 2024
Hotel Development Oudenaarde same network
€ 2.7 million revenue · 2025
HOTEL DEVELOPMENT LIDO same network
€ 2 million revenue · 2025
Jobbrands
€ 17,081 gross margin · 2025
Hotel Development Queen Astrid same network
€ 2.8 million revenue · 2025
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0538.691.280
- VAT number
- BE 0538.691.280
- Registered office
- Drongenplein 26 bus D, 9031 Gent
- Names & denominations
- Hotel Development Veemarkt · HDV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 September 2013
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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