What does S&D HOTELS do?

S&D HOTELS is a hotel in Kortrijk. Private Limited, started on 7 July 2018, 4 establishments.

What is the address of S&D HOTELS?

The registered office of S&D HOTELS is located at Groeningestraat(Kor) 17, 8500 Kortrijk.

Is S&D HOTELS still active?

Yes. According to the CBE (30 October 2026) S&D HOTELS is active, legal situation “Normale toestand”, started on 7 July 2018.

Is S&D HOTELS registered on Peppol?

Yes, S&D HOTELS is registered on the Peppol network with ID 0208:0699722762.

What is the enterprise number of S&D HOTELS?

The enterprise number of S&D HOTELS is BE0699722762.

When was S&D HOTELS founded?

S&D HOTELS was founded on 7 July 2018.

Who are the directors of S&D HOTELS?

According to the 2025 annual accounts, the directors of S&D HOTELS are: VADOMAR BV, KLAAS LAUWERS.

Is S&D HOTELS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 July 2018; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 4 establishments in the CBE.

How much profit did S&D HOTELS make in 2025?

S&D HOTELS posted a profit after taxes of € 333,998 in financial year 2025.

What is the revenue of S&D HOTELS?

As a small company, S&D HOTELS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,679,741.

How much does an employee at S&D HOTELS earn?

The average wage cost per full-time employee at S&D HOTELS was € 53,500 in 2025: staff costs of € 936,952 for 17.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does S&D HOTELS have?

According to the 2025 annual accounts, S&D HOTELS has 17.5 full-time equivalents (FTE).

S&D HOTELS (Private Limited) - Kortrijk - BE0699722762

Dossier S&D HOTELS, printed on 30 October 2026 from databakkes.be/en/0699722762/s-d-hotels. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

S&D HOTELS from Kortrijk, company number BE0699722762, closed financial year 2025 with a result of € 333,998 after tax. For that financial year S&D HOTELS recorded a gross margin of € 1.7 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 432,450 to € 333,998. 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 June 8, 2026.

What it is worth Growing

€ 1.5 million

▲ 11% vs 2024

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

Profit Healthy

€ 333,998

▼ 23% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 127,259

▲ 72% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 188,380 paid out

56 % of the profit went to the shareholders, mostly to VADOMAR (99 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

17.5

▼ 1.1 vs 2024

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

Wage cost

€ 936,952

▼ 1% vs 2024

€ 53,500 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.

Vehicles and equipment

€ 173,960

▲ 223% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 68,255

▼ 29% vs 2024

€ 19,759 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 122,592

▲ 49% vs 2024

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

Taxes and wages

€ 136,723

▼ 3% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,504,279 Gross margin 2022: € 1,504,279 First fiscal year in the series	€ 1,466,141 Gross margin 2023: € 1,466,141 ▼ 3% vs 2022 (€ 1,504,279) Unfavourable step	€ 1,760,662 Gross margin 2024: € 1,760,662 ▲ 20% vs 2023 (€ 1,466,141) Favourable step	€ 1,679,741 Gross margin 2025: € 1,679,741 ▼ 5% vs 2024 (€ 1,760,662) Unfavourable step	▼ 5%
Profit after taxes	€ 459,424 Profit after taxes 2022: € 459,424 First fiscal year in the series	€ 168,926 Profit after taxes 2023: € 168,926 ▼ 63% vs 2022 (€ 459,424) Unfavourable step	€ 432,450 Profit after taxes 2024: € 432,450 ▲ 156% vs 2023 (€ 168,926) Favourable step	€ 333,998 Profit after taxes 2025: € 333,998 ▼ 23% vs 2024 (€ 432,450) Unfavourable step	▼ 23%
Equity	€ 1,060,803 Equity 2022: € 1,060,803 First fiscal year in the series	€ 1,136,411 Equity 2023: € 1,136,411 ▲ 7% vs 2022 (€ 1,060,803) Favourable step	€ 1,321,718 Equity 2024: € 1,321,718 ▲ 16% vs 2023 (€ 1,136,411) Favourable step	€ 1,465,716 Equity 2025: € 1,465,716 ▲ 11% vs 2024 (€ 1,321,718) Favourable step	▲ 11%
Total debts	€ 491,565 Total debts 2022: € 491,565 First fiscal year in the series	€ 655,443 Total debts 2023: € 655,443 ▲ 33% vs 2022 (€ 491,565) Unfavourable step	€ 662,113 Total debts 2024: € 662,113 ▲ 1% vs 2023 (€ 655,443) Unfavourable step	€ 830,513 Total debts 2025: € 830,513 ▲ 25% vs 2024 (€ 662,113) Unfavourable step	▲ 25%
Cash	€ 60,263 Cash 2022: € 60,263 First fiscal year in the series	€ 121,262 Cash 2023: € 121,262 ▲ 101% vs 2022 (€ 60,263) Favourable step	€ 73,818 Cash 2024: € 73,818 ▼ 39% vs 2023 (€ 121,262) Unfavourable step	€ 127,259 Cash 2025: € 127,259 ▲ 72% vs 2024 (€ 73,818) Favourable step	▲ 72%
Land & buildings	€ 463,671 Land & buildings 2022: € 463,671 First fiscal year in the series	€ 889,641 Land & buildings 2023: € 889,641 ▲ 92% vs 2022 (€ 463,671) Unchanged	€ 1,078,046 Land & buildings 2024: € 1,078,046 ▲ 21% vs 2023 (€ 889,641) Unchanged	€ 1,147,437 Land & buildings 2025: € 1,147,437 ▲ 6% vs 2024 (€ 1,078,046) Unchanged	▲ 6%
Retained profit	€ 1,010,803 Retained profit 2022: € 1,010,803 First fiscal year in the series	€ 1,071,106 Retained profit 2023: € 1,071,106 ▲ 6% vs 2022 (€ 1,010,803) Favourable step	€ 1,258,034 Retained profit 2024: € 1,258,034 ▲ 17% vs 2023 (€ 1,071,106) Favourable step	€ 1,403,652 Retained profit 2025: € 1,403,652 ▲ 12% vs 2024 (€ 1,258,034) Favourable step	▲ 12%
Dividend	€ 257,244 Dividend 2022: € 257,244 First fiscal year in the series	€ 92,293 Dividend 2023: € 92,293 ▼ 64% vs 2022 (€ 257,244) Unchanged	€ 245,522 Dividend 2024: € 245,522 ▲ 166% vs 2023 (€ 92,293) Unchanged	€ 188,380 Dividend 2025: € 188,380 ▼ 23% vs 2024 (€ 245,522) Unchanged	▼ 23%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 95,546 Bank debt 2024: € 95,546 Unchanged (€ 0) Unfavourable step	€ 68,255 Bank debt 2025: € 68,255 ▼ 29% vs 2024 (€ 95,546) Favourable step	▼ 29%
Balance sheet total	€ 1,553,282 Balance sheet total 2022: € 1,553,282 First fiscal year in the series	€ 1,791,854 Balance sheet total 2023: € 1,791,854 ▲ 15% vs 2022 (€ 1,553,282) Unchanged	€ 1,983,832 Balance sheet total 2024: € 1,983,832 ▲ 11% vs 2023 (€ 1,791,854) Unchanged	€ 2,296,228 Balance sheet total 2025: € 2,296,228 ▲ 16% vs 2024 (€ 1,983,832) Unchanged	▲ 16%
Employees (FTE)	18.4 Employees (FTE) 2022: 18.4 First fiscal year in the series	19.2 Employees (FTE) 2023: 19.2 ▲ 0.8 vs 2022 (18.4) Unchanged	18.6 Employees (FTE) 2024: 18.6 ▼ 0.6 vs 2023 (19.2) Unchanged	17.5 Employees (FTE) 2025: 17.5 ▼ 1.1 vs 2024 (18.6) Unchanged	▼ 1.1

Key figures of S&D HOTELS, 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 S&D HOTELS?

What happened at S&D HOTELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 8, 2026 New annual accounts for financial year 2025: profit of € 333,998 (▼ 23% vs 2024). Source: NBB ↗
Jul 9, 2018 New establishment in Kortrijk. KBO
Jul 7, 2018 New establishment in Kortrijk. KBO
Jul 7, 2018 New establishment in Kortrijk. KBO
Jul 7, 2018 New establishment in Kortrijk. KBO
Jul 7, 2018 Start of the company according to the CBE. KBO

In short

From € 459,424 profit in 2022 to € 333,998 profit in 2025.

Paid € 165,052 in corporate taxes since 2022.

Best year ever: 2022, with € 459,424 profit.

On average € 96,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

VADOMAR 99%

The stake of VADOMAR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

S&D HOTELS

Behind S&D HOTELS are VADOMAR BV and KLAAS LAUWERS. The shares are held by VADOMAR (99%).

Directors

According to the 2025 annual accounts

VADOMAR BV

Director · represented by DOMINIQUE VANDEWALLE

KLAAS LAUWERS

Director

Shareholders

VADOMAR

99%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Groeningestraat(Kor) 17

8500 Kortrijk

2.296.047.408

Groeningestraat(Kor) 39

8500 Kortrijk

Active since 7 July 2018

2.296.047.507

Groeningestraat(Kor) 23

8500 Kortrijk

Active since 7 July 2018

2.296.047.606

Groeningestraat(Kor) 19

8500 Kortrijk

Active since 7 July 2018

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

VALUMAR

€ 327,755 gross margin · 2025

VADOMAR same network

€ 398,451 gross margin · 2025

www.studio-k

€ 50,054 gross margin · 2024

BTW EENHEID GROEP DV

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

Details

Company number: 0699.722.762
VAT number: BE 0699.722.762
Registered office: Groeningestraat(Kor) 17, 8500 Kortrijk
Names & denominations: S&D HOTELS
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 7 July 2018
Peppol: Active · Active since 5 Mar 2024
Activities · NACE: Hotels en dergelijke accommodatie

View on CBE Public ↗ Annual accounts (NBB) ↗

S&D HOTELS

Financials

What happened to S&D HOTELS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions