Financials
Financial year 2025
King George Hospitality from Sint-Niklaas, company number BE0656858066, closed financial year 2025 with a result of € 10,526 after tax. For that financial year King George Hospitality recorded a gross margin of € 20,569 and equity of € 27,949. Compared with financial year 2024, the result moved from € 32,748 to € 10,526. The company is profitable. The buffer shrank hard: equity is 51 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 27,949
▼ 51% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,526
▼ 68% vs 2024
Profit after tax over the fiscal year.
€ 69,471
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 40,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 2,891
▼ 97% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 109,526
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 100,000
€ 18,333 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 22,988
▲ 172% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 119,269 | € 135,563 | € 157,784 | € 20,569 | ▼ 87% |
| Profit after taxes | € 21,062 | € 20,598 | € 32,748 | € 10,526 | ▼ 68% |
| Equity | € 134,076 | € 154,675 | € 57,423 | € 27,949 | ▼ 51% |
| Total debts | € 68,862 | € 84,349 | € 120,176 | € 175,908 | ▲ 46% |
| Cash | € 180,447 | € 204,603 | € 144,511 | € 69,471 | ▼ 52% |
| Retained profit | € 115,476 | € 136,075 | € 38,823 | € 9,349 | ▼ 76% |
| Dividend | € 0 | € 0 | € 130,000 | € 40,000 | ▼ 69% |
| Bank debt | € 0 | € 0 | € 0 | € 100,000 | |
| Balance sheet total | € 202,939 | € 239,023 | € 177,599 | € 203,856 | ▲ 15% |
Key figures of King George Hospitality, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to King George Hospitality?
What happened at King George Hospitality in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,526 (▼ 68% vs 2024). Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- Liesbeth Van Wachbeke became a director. NBB
- Nicolas Block became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 21,062 profit in 2022 to € 10,526 profit in 2025.
Paid € 27,265 in corporate taxes since 2022.
Best year ever: 2024, with € 32,748 profit.
Paid out € 170,000 in dividends to the owners in total.
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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 King George Hospitality are Liesbeth Van Wachbeke and Nicolas Block.
Directors
According to the 2025 annual accounts
Liesbeth Van Wachbeke
Director
since 2016
Nicolas Block
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Driekoningenstraat 48
9100 Sint-Niklaas
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
- 0656.858.066
- VAT number
- BE 0656.858.066
- Registered office
- Driekoningenstraat 48, 9100 Sint-Niklaas
- Names & denominations
- King George Hospitality
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2016
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening