What does Hotel Development Belzan do?

Hotel Development Belzan is a hotel in Gent. Public Limited, started on 27 August 2019.

What is the address of Hotel Development Belzan?

The registered office of Hotel Development Belzan is located at Drongenplein 26D, 9031 Gent.

Is Hotel Development Belzan still active?

Yes. According to the CBE (29 October 2026) Hotel Development Belzan is active, legal situation “Normale toestand”, started on 27 August 2019.

Is Hotel Development Belzan registered on Peppol?

Yes, Hotel Development Belzan is registered on the Peppol network with ID 0208:0732905868.

What is the enterprise number of Hotel Development Belzan?

The enterprise number of Hotel Development Belzan is BE0732905868.

When was Hotel Development Belzan founded?

Hotel Development Belzan was founded on 27 August 2019.

Who are the directors of Hotel Development Belzan?

According to the 2025 annual accounts, the directors of Hotel Development Belzan are: Bouke Koppert, Betty Houben, Stephen Loftus.

Is Hotel Development Belzan a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 August 2019; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Hotel Development Belzan make in 2025?

Hotel Development Belzan recorded a loss after taxes of € 17,229 in financial year 2025.

What is the revenue of Hotel Development Belzan?

As a small company, Hotel Development Belzan is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -16,412.

Hotel Development Belzan (Public Limited) - Gent

Dossier Hotel Development Belzan, printed on 29 October 2026 from databakkes.be/en/0732905868/hotel-development-belzan. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Hotel Development Belzan from Gent, company number BE0732905868, closed financial year 2025 with a result of € -17,229 after tax. For that financial year Hotel Development Belzan recorded a gross margin of € -16,412 and equity of € -74,983. Compared with financial year 2024, the result moved from € 3,922 to € -17,229. 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 September 24, 2026.

What it is worth Caution

€ -74,983

▼ € 17,229 vs 2024

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

Loss Caution

€ -17,229

▼ still € 3,922 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3,370

▼ 54% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -136,483.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 437

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	-	€ 35,000 Revenue 2024: € 35,000 First fiscal year in the series	-
Gross margin	-	€ -9,769 Gross margin 2023: € -9,769 First fiscal year in the series	€ 8,798 Gross margin 2024: € 8,798 ▲ € 18,567 vs 2023 (€ -9,769) Favourable step	€ -16,412 Gross margin 2025: € -16,412 ▼ € 25,210 vs 2024 (€ 8,798) Unfavourable step	▼ € 25,210
Profit after taxes	€ -39,551 Profit after taxes 2022: € -39,551 First fiscal year in the series	€ -35,942 Profit after taxes 2023: € -35,942 ▲ € 3,609 vs 2022 (€ -39,551) Favourable step	€ 3,922 Profit after taxes 2024: € 3,922 ▲ € 39,864 vs 2023 (€ -35,942) Favourable step	€ -17,229 Profit after taxes 2025: € -17,229 ▼ € 21,151 vs 2024 (€ 3,922) Unfavourable step	▼ € 21,151
Equity	€ -25,734 Equity 2022: € -25,734 First fiscal year in the series	€ -61,676 Equity 2023: € -61,676 ▼ € 35,942 vs 2022 (€ -25,734) Unfavourable step	€ -57,754 Equity 2024: € -57,754 ▲ € 3,922 vs 2023 (€ -61,676) Favourable step	€ -74,983 Equity 2025: € -74,983 ▼ € 17,229 vs 2024 (€ -57,754) Unfavourable step	▼ € 17,229
Total debts	€ 56,117 Total debts 2022: € 56,117 First fiscal year in the series	€ 67,902 Total debts 2023: € 67,902 ▲ 21% vs 2022 (€ 56,117) Unfavourable step	€ 65,117 Total debts 2024: € 65,117 ▼ 4% vs 2023 (€ 67,902) Favourable step	€ 78,554 Total debts 2025: € 78,554 ▲ 21% vs 2024 (€ 65,117) Unfavourable step	▲ 21%
Cash	€ 1,125 Cash 2022: € 1,125 First fiscal year in the series	€ 1,977 Cash 2023: € 1,977 ▲ 76% vs 2022 (€ 1,125) Favourable step	€ 7,348 Cash 2024: € 7,348 ▲ 272% vs 2023 (€ 1,977) Favourable step	€ 3,370 Cash 2025: € 3,370 ▼ 54% vs 2024 (€ 7,348) Unfavourable step	▼ 54%
Retained profit	€ -87,234 Retained profit 2022: € -87,234 First fiscal year in the series	€ -123,176 Retained profit 2023: € -123,176 ▼ € 35,942 vs 2022 (€ -87,234) Unfavourable step	€ -119,254 Retained profit 2024: € -119,254 ▲ € 3,922 vs 2023 (€ -123,176) Favourable step	€ -136,483 Retained profit 2025: € -136,483 ▼ € 17,229 vs 2024 (€ -119,254) Unfavourable step	▼ € 17,229
Balance sheet total	€ 30,383 Balance sheet total 2022: € 30,383 First fiscal year in the series	€ 6,226 Balance sheet total 2023: € 6,226 ▼ 80% vs 2022 (€ 30,383) Unchanged	€ 7,363 Balance sheet total 2024: € 7,363 ▲ 18% vs 2023 (€ 6,226) Unchanged	€ 3,571 Balance sheet total 2025: € 3,571 ▼ 52% vs 2024 (€ 7,363) Unchanged	▼ 52%

Key figures of Hotel Development Belzan, 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 Belzan?

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

2031 Bouke Koppert stepped down as director. NBB
2031 Stephen Loftus stepped down as director. NBB
Sep 24, 2026 New annual accounts for financial year 2025: loss of € 17,229 (▼ € 21,151 vs 2024). filed late Source: NBB ↗
2026 Betty Houben stepped down as director. NBB
2025 Bouke Koppert became a director. NBB
2025 Stephen Loftus became a director. NBB
2020 Betty Houben became a director. NBB
Aug 27, 2019 Start of the company according to the CBE. KBO

In short

From € 39,551 loss in 2022 to € 17,229 loss in 2025.

Best year ever: 2024, with € 3,922 profit.

Original PDFs at the National Bank ↗

Management

Serret Ltd 100%

Hotel Development Belzan

The shares are held by Serret Ltd (100%).

Directors

According to the 2025 annual accounts

Bouke Koppert

Managing director

Also active at: Hotel Development Oudenaarde, Hotel Development Veemarkt, HOTEL DEVELOPMENT LIDO, Hotel Development Queen Astrid, Hotel Development City Center, QUBIK HOSPITALITY, Hotel Development Opera, Prem Hotels

since 2025 · until 2031

Betty Houben

Director

Also active at: Hotel Development Oudenaarde, Hotel Development Veemarkt, HOTEL DEVELOPMENT LIDO, Hotel Development Queen Astrid, Hotel Development City Center, Hotel Development Opera, Prem Hotels, S.Ma.R.T. Support & Solutions

since 2020 · until 2026

Stephen Loftus

Director

since 2025 · until 2031

Shareholders

Serret Ltd

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Drongenplein 26D

9031 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Hotel Development Opera same network

€ 2.9 million revenue · 2025

HN Consultancy

€ 120,364 gross margin · 2025

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

Details

Company number

0732.905.868

VAT number

BE 0732.905.868

Registered office

Drongenplein 26D, 9031 Gent

Names & denominations

Hotel Development Belzan · HDBZ

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

27 August 2019

Peppol

Active · Active since 29 Dec 2025

Activities · NACE

Hotels en dergelijke accommodatie

Overige zakelijke dienstverlening, neg

View on CBE Public ↗ Annual accounts (NBB) ↗