Active · per the CBE, 17 September 2026

TERHILLS HOTEL

BE0692525263

Rechtspersoon Public limited company 1 establishment

TERHILLS HOTEL is a hotel in Hasselt. Public Limited, started on 14 March 2018, 1 establishment.

Kempische steenweg 311 box 4.01, 3500 Hasselt

Active for

8 year, 6 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

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

Financials

Financial year 2025

TERHILLS HOTEL from Hasselt, company number BE0692525263, closed financial year 2025 with a result of € 47,437 after tax. For that financial year TERHILLS HOTEL recorded revenue of € 4.6 million and equity of € 701,331. Compared with financial year 2024, the result moved from € 15,786 to € 47,437. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.

What it is worth Growing

€ 701,331

▲ 10% vs 2024

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

Profit Growing

€ 47,437

▲ 200% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 756,469

▲ 117% 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 € -617,669.

People and assets in 2025

Full-time equivalents

21.2

▼ 1.7 vs 2024

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

Wage cost

€ 1.3 million

▲ 7% vs 2024

€ 63,100 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

€ 102,560

▼ 3% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 13 years to go

€ 1.3 million

▼ 5% vs 2024

€ 100,000 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.

Owed to suppliers

€ 165,258

▼ 22% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 22 days on average.

Taxes and wages

€ 161,213

▼ 15% 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 € 3,389,542 € 3,554,340 € 4,020,022 € 4,599,202 ▲ 14%
Profit after taxes € 195,072 € 86,048 € 15,786 € 47,437 ▲ 200%
Equity € 533,059 € 619,107 € 634,893 € 701,331 ▲ 10%
Total debts € 1,082,349 € 1,606,445 € 1,899,969 € 1,888,242 ▼ 1%
Cash € 451,185 € 248,645 € 348,937 € 756,469 ▲ 117%
Land & buildings € 194,061 € 178,767 € 163,472 € 164,820 ▲ 1%
Retained profit € -766,941 € -680,893 € -665,107 € -617,669 ▲ € 47,437
Bank debt € 610,071 € 631,424 € 1,403,603 € 1,326,479 ▼ 5%
Balance sheet total € 1,615,408 € 2,225,552 € 2,534,862 € 2,589,573 ▲ 2%
Employees (FTE) 22.7 23.4 22.9 21.2 ▼ 1.7

Key figures of TERHILLS HOTEL, 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 TERHILLS HOTEL?

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

  • LRM BEHEER NV stepped down as director. NBB
  • LRM NV stepped down as director. NBB
  • Hedwig Pieters stepped down as director. NBB
  • Rudolf Hulsman stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 47,437 (▲ 200% vs 2024). Source: NBB ↗
  • LRM BEHEER NV became a director. NBB
  • LRM NV became a director. NBB
  • Hedwig Pieters became a director. NBB

In short

From € 195,072 profit in 2022 to € 47,437 profit in 2025.

Paid € 1,160 in corporate taxes since 2022.

Best year ever: 2022, with € 195,072 profit.

Pays suppliers within 22 days on average.

Management

The stake of Terhills, LIMBURGSE RECONVERSIE MAATSCHAPPIJ comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

TERHILLS HOTEL

The shares are held by Terhills (99.9%) and LIMBURGSE RECONVERSIE MAATSCHAPPIJ (0.2%).

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Directors

According to the 2025 annual accounts

LRM BEHEER NV

Director · represented by Gert Vandewaerde

Also active at: Transport Marcel Depaire, Trafuco, Beltra - B, MIJNSCHADE EN BEMALING LIMBURGS MIJNGEBIED, BlooLoc, be-DIVE, LRM Lease, RMW +62 more

since 2024 · until 2029

LRM NV

Director · represented by Tom Vanham

Also active at: H.W.P., Corda Campus, MIJNSCHADE EN BEMALING LIMBURGS MIJNGEBIED, be-DIVE, LRM Lease, RMW, CORDA CAMPUS 2.0, Mobietrain +33 more

since 2024 · until 2029

since 2024 · until 2029

Rudolf Hulsman

Director

Also active at: LRM Beheer, TERHILLS VAKANTIEPARK

since 2024 · until 2029

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kempische steenweg 311 box 4.01

3500 Hasselt

2.274.536.271

Zetellaan(E) 68

3630 Maasmechelen

Active since 14 March 2018

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

Details

Company number
0692.525.263
VAT number
BE 0692.525.263
Registered office
Kempische steenweg 311 bus 4.01, 3500 Hasselt
Names & denominations
TERHILLS HOTEL
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
14 March 2018
Peppol
Active · Active since 14 Nov 2025
Activities · NACE

Hotels en dergelijke accommodatie

Frequently asked questions

What does TERHILLS HOTEL do?
TERHILLS HOTEL is a hotel in Hasselt. Public Limited, started on 14 March 2018, 1 establishment.
What is the address of TERHILLS HOTEL?
The registered office of TERHILLS HOTEL is located at Kempische steenweg 311 box 4.01, 3500 Hasselt.
Is TERHILLS HOTEL still active?
Yes. According to the CBE (17 September 2026) TERHILLS HOTEL is active, legal situation “Normale toestand”, started on 14 March 2018.
Is TERHILLS HOTEL registered on Peppol?
Yes, TERHILLS HOTEL is registered on the Peppol network with ID 0208:0692525263.
What is the enterprise number of TERHILLS HOTEL?
The enterprise number of TERHILLS HOTEL is BE0692525263.
When was TERHILLS HOTEL founded?
TERHILLS HOTEL was founded on 14 March 2018.