Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Victoria Hotel Opco from Gent, company number BE0766459257, closed financial year 2025 with a result of € -964,647 after tax. For that financial year Victoria Hotel Opco recorded revenue of € 14 million and equity of € 4.2 million. Compared with financial year 2024, the result moved from € -801,491 to € -964,647. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 12, 2026.
€ 4.2 million
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -964,647
▼ 20 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.3 million.
People and assets in 2025
119.6
▼ 4.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6 million
▼ 2% vs 2024
€ 49,800 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.
€ 678,127
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 930,000
Loans from banks and other lenders, long and short.
€ 4.6 million
▲ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 215 days on average.
€ 750,039
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 13,949,429 | € 14,000,139 | |
| Gross margin | € -193,572 | € 3,462,109 | - | - | |
| Profit after taxes | € -528,497 | € -3,025,891 | € -801,491 | € -964,647 | ▼ € 163,156 |
| Equity | € -503,497 | € -3,529,388 | € 5,169,121 | € 4,204,474 | ▼ 19% |
| Total debts | € 5,364,874 | € 11,759,921 | € 3,637,636 | € 6,792,266 | ▲ 87% |
| Cash | € 164,554 | € 909,275 | € 1,024,693 | € 1,417,184 | ▲ 38% |
| Retained profit | € -528,497 | € -3,554,388 | € -4,355,879 | € -5,320,526 | ▼ € 964,647 |
| Bank debt | € 4,890,852 | € 9,164,446 | € 0 | € 930,000 | |
| Balance sheet total | € 4,861,378 | € 8,230,534 | € 8,806,758 | € 10,996,740 | ▲ 25% |
| Employees (FTE) | 2.7 | 83.7 | 124 | 119.6 | ▼ 4.4 |
Key figures of Victoria Hotel Opco, 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 Victoria Hotel Opco?
What happened at Victoria Hotel Opco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BALTISSE REAL ESTATE NV stepped down as director. NBB
- Filiep BALCAEN stepped down as director. NBB
- ASSETS INVEST BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 964,647. filed late Source: NBB ↗
- New establishment in Sint-Joost-ten-Node. KBO
- ASSETS INVEST BV became a director. NBB
- New establishment in Gent. KBO
- BALTISSE REAL ESTATE NV became a director. NBB
In short
From € 528,497 loss in 2022 to € 964,647 loss in 2025.
Paid € 352 in corporate taxes since 2022.
On average € 41,400 of value added per employee in 2023.
Management
The stake of Victoria Regina Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Victoria Hotel OpcoThe shares are held by Victoria Regina Holding (100%).
Directors
According to the 2025 annual accounts
Director · represented by Marc JANSSENS
Also active at: BOEVERIE, XIOR Namen, VICTORIA REGINA, Well One, Victoria Regina Holding, ARDENO, PELICAN, Victoria Co-working Opco +10 more
since 2021 · until 2032
Filiep BALCAEN
Director
Also active at: Huis te Lande, ARGIBEL, BUILDING, FLANDERS INTERNATIONAL AIRPORT, Marieposa, North Beach, Floorenter, LIEGE BECASSE +22 more
since 2021 · until 2032
Director · represented by Alex DE WITTE
Also active at: ARGIBEL, BUILDING, Horatius Capital Partners, WATT FACTORY, BOEVERIE, LIEGE BECASSE, XIOR Namen, VICTORIA REGINA +21 more
since 2022 · until 2032
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pauline Van Pottelsberghelaan 10
9051 Gent
Victoria Reginalaan 1
1210 Sint-Joost-ten-Node
Active since 28 July 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →Huis te Lande same network
€ -185,764 gross margin · 2025
ARGIBEL same network
€ 62,256 gross margin · 2025
BUILDING same network
€ 319,319 gross margin · 2025
Marieposa same network
€ -22,893 gross margin · 2025
North Beach same network
€ -34,684 gross margin · 2025
+50 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0766.459.257
- VAT number
- BE 0766.459.257
- Registered office
- Pauline Van Pottelsberghelaan 10, 9051 Gent
- Names & denominations
- Victoria Hotel Opco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 2021
- Peppol
- Active · Active since 23 Sept 2025
- Activities · NACE
Hotels en dergelijke accommodatie
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening