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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
Financials
Financial year 2025
FLOW HOSPITALITY GROUP from Oostende, company number BE0641997666, closed financial year 2025 with a result of € -267,340 after tax. For that financial year FLOW HOSPITALITY GROUP recorded a gross margin of € 951,194 and equity of € -16,677. Compared with financial year 2024, the result moved from € 143,008 to € -267,340. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -16,677
▼ € 317,340 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -267,340
▼ still € 143,008 profit in 2024
Profit after tax over the fiscal year.
€ 364,751
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -36,677.
People and assets in 2025
13
▲ 4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 66% vs 2024
€ 79,500 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.
€ 95,687
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 720,934
▼ 13% vs 2024
€ 105,284 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 390,408
▲ 114% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 237,834
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 482,076 | € 685,107 | € 964,381 | € 951,194 | ▼ 1% |
| Profit after taxes | € 21,485 | € 13,764 | € 143,008 | € -267,340 | ▼ € 410,348 |
| Equity | € 143,891 | € 157,655 | € 300,663 | € -16,677 | ▼ € 317,340 |
| Total debts | € 548,835 | € 1,880,889 | € 2,026,134 | € 2,464,194 | ▲ 22% |
| Cash | € 74,247 | € 134,758 | € 285,986 | € 364,751 | ▲ 28% |
| Land & buildings | - | € 720,634 | € 903,363 | € 856,432 | ▼ 5% |
| Retained profit | € 133,891 | € 147,655 | € 290,663 | € -36,677 | ▼ € 327,340 |
| Dividend | € 0 | € 0 | € 0 | € 60,000 | |
| Bank debt | € 277,017 | € 611,895 | € 825,384 | € 720,934 | ▼ 13% |
| Balance sheet total | € 692,725 | € 2,038,544 | € 2,326,797 | € 2,447,517 | ▲ 5% |
| Employees (FTE) | 6.6 | 8.5 | 9 | 13 | ▲ 4 |
Key figures of FLOW HOSPITALITY GROUP, 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 FLOW HOSPITALITY GROUP?
What happened at FLOW HOSPITALITY GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 267,340 (▼ € 410,348 vs 2024). filed late Source: NBB ↗
- Jan Dobbelaere became a director. NBB
- Stefanie Surmont became a director. NBB
- Inge Decuypere became a director. NBB
- Xavier Vercaemst became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,485 profit in 2022 to € 267,340 loss in 2025.
Paid € 76,526 in corporate taxes since 2022.
Best year ever: 2024, with € 143,008 profit.
On average € 73,200 of value added per employee in 2025.
Management
Behind FLOW HOSPITALITY GROUP are Jan Dobbelaere, Stefanie Surmont, Inge Decuypere and Xavier Vercaemst. The same people are also behind HOTEL INVESTMENT FUND and Bolder Hotel. Jan Dobbelaere is also behind Hôtel Impérial, HOTEL HELIOS PATRIMONIUM, Belcoast Holidays, BELCOAST HOLDING and HOTEL HELIOS INVEST. Stefanie Surmont is also behind Belcoast Holidays, BELCOAST HOLDING, Zeegalm Hotel and WESTBAY HOTEL. Inge Decuypere is also behind Hôtel Impérial, HOTEL HELIOS PATRIMONIUM, DECORATEUR JANSSEUNE, JOLIVER and HOTEL HELIOS INVEST. Xavier Vercaemst is also behind Andromeda Hotel, Hôtel Impérial, HOTEL HELIOS PATRIMONIUM, DECORATEUR JANSSEUNE and JOLIVER.
Directors
According to the 2025 annual accounts
Jan Dobbelaere
Director
Also active at: Hôtel Impérial, HOTEL HELIOS PATRIMONIUM, Belcoast Holidays, BELCOAST HOLDING, HOTEL HELIOS INVEST, Hotel Helios, UPSTAIRS OOSTENDE PATRIMONIUM, UPSTAIRS OOSTENDE UITBATING +11 more
since 2021
Stefanie Surmont
Director
Also active at: Belcoast Holidays, BELCOAST HOLDING, HOTEL INVESTMENT FUND, Bolder Hotel, Zeegalm Hotel, WESTBAY HOTEL
since 2021
Inge Decuypere
Director
Also active at: Hôtel Impérial, HOTEL HELIOS PATRIMONIUM, DECORATEUR JANSSEUNE, JOLIVER, HOTEL HELIOS INVEST, Hotel Helios, UPSTAIRS OOSTENDE PATRIMONIUM, UPSTAIRS OOSTENDE UITBATING +4 more
since 2021
Xavier Vercaemst
Director
Also active at: Andromeda Hotel, Hôtel Impérial, HOTEL HELIOS PATRIMONIUM, DECORATEUR JANSSEUNE, JOLIVER, ACCENT Hotels, ANDROMEDA INVEST, WESTHELLING +16 more
since 2021
Establishments
Establishment units
Physical locations of this company
Van Iseghemlaan 105
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0641.997.666
- VAT number
- BE 0641.997.666
- Registered office
- Van Iseghemlaan 105, 8400 Oostende
- Names & denominations
- FLOW HOSPITALITY GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 2015
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Gites, vakantiewoningen en -appartementen
Handel in eigen onroerend goed
Vakantieverblijven en andere accommodatie voor kort verblijf, neg
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Hotels en dergelijke accommodatie
Gastenkamers