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
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HOTEL DEVELOPMENT COMPANY from Gent, company number BE0867493467, closed financial year 2025 with a result of € 633,021 after tax. For that financial year HOTEL DEVELOPMENT COMPANY recorded a gross margin of € 755,649 and equity of € 5 million. Compared with financial year 2024, the result moved from € 725,710 to € 633,021. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 5 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 633,021
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 824,617
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.9 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 428,719
▲ 17% vs 2024
Of which on lease € 428,719.
Debts at end 2025
€ 61,111
▼ 19% vs 2024
€ 14,667 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 69,392
▲ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,158
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 333,912 | € 845,821 | € 854,996 | € 755,649 | ▼ 12% |
| Profit after taxes | € 487,692 | € 613,006 | € 725,710 | € 633,021 | ▼ 13% |
| Equity | € 3,299,444 | € 3,712,450 | € 4,330,153 | € 4,963,173 | ▲ 15% |
| Total debts | € 12,757,222 | € 12,011,313 | € 11,277,149 | € 10,684,290 | ▼ 5% |
| Cash | € 1,183,365 | € 586,107 | € 845,292 | € 824,617 | ▼ 2% |
| Land & buildings | € 8,397,175 | € 8,182,691 | € 8,320,051 | € 8,423,312 | ▲ 1% |
| Retained profit | € 225,253 | € 638,259 | € 1,255,961 | € 1,888,981 | ▲ 50% |
| Dividend | € 436,841 | € 200,000 | € 108,008 | € 0 | ▼ 100% |
| Bank debt | € 105,111 | € 90,445 | € 75,778 | € 61,111 | ▼ 19% |
| Balance sheet total | € 16,056,667 | € 15,847,864 | € 15,793,292 | € 15,888,845 | ▲ 1% |
Key figures of HOTEL DEVELOPMENT COMPANY, 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 COMPANY?
What happened at HOTEL DEVELOPMENT COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BV Pamabel stepped down as director. NBB
- BV J5S stepped down as director. NBB
- BV Coastal Sales Company stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 633,021 (▼ 13% vs 2024). Source: NBB ↗
- BV Pamabel became a director. NBB
- BV J5S became a director. NBB
- BV Coastal Sales Company became a director. NBB
- New establishment in Gent. KBO
In short
From € 487,692 profit in 2022 to € 633,021 profit in 2025.
Paid € 524,652 in corporate taxes since 2022.
Best year ever: 2024, with € 725,710 profit.
Paid out € 744,849 in dividends to the owners in total.
A new publication or filing at HOTEL DEVELOPMENT COMPANY? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Managing director · represented by Jochen Debucquoy
Also active at: Kortrijkse Vinologische Club, Recreatiepark Klein Strand, Bedecom, BRICKS & LEISURE VASTGOED, RESTAURANT BALMORAL, Leisure and Hotel Properties, Exploitatiemaatschappij MHSL, Atratus +10 more
since 2024 · until 2030
Managing director · represented by Jonathan Debucquoy
Also active at: KENNEDY HOTEL, KOBELMA, JURES, Exploitatiemaatschappij IW, UNIBRICKS, BRICKS & LEISURE VASTGOED, EUROPEAN REAL ESTATE - INVESTMENTS, BOUWADVIES EN -COÖRDINATIE +25 more
since 2024 · until 2030
Managing director · represented by Joachim Debucquoy
Also active at: Kortrijkse Vinologische Club, JOYCE INVEST, ARCHIMEDES OOSTENDE, HOLIDAY SUITES INTERNATIONAL, OSTEND DEVELOPMENT COMPANY, BLANKENBERGE DEVELOPMENT COMPANY, BRUSSELS DEVELOPMENT COMPANY, EXCELSIOR IC +2 more
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 1043
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →Recreatiepark Klein Strand same network
€ 665,334 gross margin · 2025
Bedecom same network
€ 1.4 million gross margin · 2025
EXPLOITATIEMAATSCHAPPIJ IDP
€ 961,206 gross margin · 2025
Exploitatiemaatschappij IDH
€ 1.4 million gross margin · 2025
EXPLOITATIEMAATSCHAPPIJ ISN
€ 977,651 gross margin · 2025
+7 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
- 0867.493.467
- VAT number
- BE 0867.493.467
- Registered office
- Kortrijksesteenweg 1043, 9051 Gent
- Names & denominations
- HOTEL DEVELOPMENT COMPANY · HODECOM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 2004
- Peppol
- Active · Active since 27 Mar 2026