Active · per the CBE, 27 September 2026

Hotel Development City Center

BE0657886365

Rechtspersoon Public limited company 1 establishment

Hotel Development City Center is a hotel in Gent. Public Limited, started on 30 June 2016, 1 establishment.

Drongenplein 26 box D, 9031 Gent

Active for

10 year, 2 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Busy address KBO

    11 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Hotel Development City Center from Gent, company number BE0657886365, closed financial year 2025 with a result of € 318,542 after tax. For that financial year Hotel Development City Center recorded revenue of € 3.5 million and equity of € 127,934. Compared with financial year 2024, the result moved from € 117,965 to € 318,542. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.

What it is worth Growing

€ 127,934

▲ € 318,543 vs 2024

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

Profit Growing

€ 318,542

▲ 170% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 435,197

▲ 17% 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 € 66,434.

People and assets in 2025

Full-time equivalents

18.5

▼ 0.6 vs 2024

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

Wage cost

€ 923,418

▼ 7% vs 2024

€ 49,900 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

€ 19,665

▼ 22% vs 2024

Of which on lease € 19,665.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 39,683

▲ 56% vs 2024

€ 13,038 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 245,729

▼ 15% vs 2024

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

Taxes and wages

€ 238,742

▲ 18% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 3,477,755 € 3,397,623 € 3,318,157 € 3,519,623 ▲ 6%
Gross margin - € 1,446,698 € 1,431,831 € 1,575,059 ▲ 10%
Profit after taxes € 217,089 € 60,377 € 117,965 € 318,542 ▲ 170%
Equity € -368,951 € -308,574 € -190,609 € 127,934 ▲ € 318,543
Total debts € 1,088,324 € 824,500 € 802,506 € 772,812 ▼ 4%
Cash € 249,778 € 266,489 € 371,347 € 435,197 ▲ 17%
Retained profit € -430,451 € -370,074 € -252,109 € 66,434 ▲ € 318,543
Bank debt € 10,835 € 2,435 € 25,518 € 39,683 ▲ 56%
Balance sheet total € 719,372 € 515,925 € 611,897 € 900,746 ▲ 47%
Employees (FTE) 17.9 18.8 19.1 18.5 ▼ 0.6

Key figures of Hotel Development City Center, 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 City Center?

What happened at Hotel Development City Center in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Evelyn Haran stepped down as director. NBB
  • James Joseph Murphy stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 318,542 (▲ 170% vs 2024). filed late Source: NBB ↗
  • Betty Houben stepped down as director. NBB
  • Evelyn Haran became a director. NBB
  • James Joseph Murphy became a director. NBB
  • Betty Houben became a director. NBB
  • New establishment in Antwerpen. KBO

In short

From € 217,089 profit in 2022 to € 318,542 profit in 2025.

Paid € 65,820 in corporate taxes since 2022.

Best year ever: 2025, with € 318,542 profit.

On average € 85,100 of value added per employee in 2025.

Management

Serret Limited 100%
Raydara Holding Ltd 0%
Hotel Development City Center

The shares are held by Serret Limited (100%) and Raydara Holding Ltd (0%).

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Directors

According to the 2025 annual accounts

James Joseph Murphy

Director

Also active at: HOTEL DEVELOPMENT LIDO, Hotel Development Queen Astrid, Prem Hotels

since 2024 · until 2030

Evelyn Haran

Director

since 2026 · until 2032

Shareholders

Serret Limited

100%

Raydara Holding Ltd

0%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Drongenplein 26 box D

9031 Gent

2.256.099.145

Appelmansstraat 31

2018 Antwerpen

Active since 30 June 2016

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0657.886.365
VAT number
BE 0657.886.365
Registered office
Drongenplein 26 bus D, 9031 Gent
Names & denominations
Hotel Development City Center · HDCC
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
30 June 2016
Peppol
Active · Active since 1 Apr 2026
Activities · NACE

Hotels en dergelijke accommodatie

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Frequently asked questions

What does Hotel Development City Center do?
Hotel Development City Center is a hotel in Gent. Public Limited, started on 30 June 2016, 1 establishment.
What is the address of Hotel Development City Center?
The registered office of Hotel Development City Center is located at Drongenplein 26 box D, 9031 Gent.
Is Hotel Development City Center still active?
Yes. According to the CBE (27 September 2026) Hotel Development City Center is active, legal situation “Normale toestand”, started on 30 June 2016.
Is Hotel Development City Center registered on Peppol?
Yes, Hotel Development City Center is registered on the Peppol network with ID 0208:0657886365.
What is the enterprise number of Hotel Development City Center?
The enterprise number of Hotel Development City Center is BE0657886365.
When was Hotel Development City Center founded?
Hotel Development City Center was founded on 30 June 2016.