Active · per the CBE, 29 October 2026
SANTIAGO logo

SANTIAGO

BE0874619306

Rechtspersoon Private limited company 1 establishment

SANTIAGO is a hotel in Gent. Private Limited, started on 16 June 2005, 1 establishment.

Kortrijksesteenweg 735 box 1, 9000 Gent hotelcathedral.be

Behind the company: An Raemaekers, Rudy De Wit.

Active for

21 year, 4 months

Warning lights

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

  • Tight liquidity NBB

    Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

SANTIAGO from Gent, company number BE0874619306, closed financial year 2025 with a result of € 15,201 after tax. For that financial year SANTIAGO recorded a gross margin of € 234,696 and equity of € 453,596. Compared with financial year 2024, the result moved from € 82,910 to € 15,201. 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 July 30, 2026.

What it is worth Growing

€ 453,596

▲ 3% vs 2024

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

Profit Healthy

€ 15,201

▼ 82% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,896

▼ 88% 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 € 195,046.

People and assets in 2025

Wage cost

€ 120,555

▼ 4% vs 2024

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

€ 32,742

▲ € 31,682 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go

€ 598,850

▼ 4% vs 2024

€ 101,845 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 35,726

▲ 78% vs 2024

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

Taxes and wages

€ 36,246

▼ 21% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 233,285 € 243,773 € 330,629 € 234,696 ▼ 29%
Profit after taxes € 50,089 € 26,249 € 82,910 € 15,201 ▼ 82%
Equity € 358,816 € 370,485 € 438,395 € 453,596 ▲ 3%
Total debts € 904,245 € 854,988 € 735,625 € 702,128 ▼ 5%
Cash € 169,247 € 97,547 € 83,061 € 9,896 ▼ 88%
Land & buildings € 1,024,385 € 998,271 € 972,156 € 946,042 ▼ 3%
Retained profit € 100,266 € 111,935 € 179,845 € 195,046 ▲ 8%
Dividend € 51,173 € 14,580 € 15,000 € 0 ▼ 100%
Bank debt € 830,322 € 752,184 € 625,986 € 598,850 ▼ 4%
Balance sheet total € 1,263,060 € 1,225,473 € 1,174,020 € 1,155,724 ▼ 2%

Key figures of SANTIAGO, 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 SANTIAGO?

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

  • New annual accounts for financial year 2025: profit of € 15,201 (▼ 82% vs 2024). Source: NBB ↗
  • An Raemaekers became a director. NBB
  • New establishment in Gent. KBO
  • Rudy De Wit became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 50,089 profit in 2022 to € 15,201 profit in 2025.

Paid € 50,253 in corporate taxes since 2022.

Best year ever: 2024, with € 82,910 profit.

Paid out € 80,752 in dividends to the owners in total.

Management

An Raemaekers Rudy De Wit

Behind SANTIAGO are An Raemaekers and Rudy De Wit. Rudy De Wit is also behind Toerisme Oost-Vlaanderen, DE WIT and BEHEERSMAATSCHAPPIJ DE WIT.

Directors

According to the 2025 annual accounts

An Raemaekers

Director

since 2010

Rudy De Wit

Director

Also active at: Toerisme Oost-Vlaanderen, DE WIT, BEHEERSMAATSCHAPPIJ DE WIT

since 2005

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijksesteenweg 735 box 1

9000 Gent

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

Website

Technologies

ElementorFont AwesomeLiteSpeedPHPTranslatePressWordPressYouTube EmbedjQueryjQuery UIlazysizes

Hosting & Email

Email provider

Microsoft 365

Hosting

OVH, FR

Website info

HTTPS Ja
Languages DE, EN, ES, FR, NL

Features

Blog Contact page

Security

✓ HTTPS
✓ SPF
✗ DMARC

Details

Company number
0874.619.306
VAT number
BE 0874.619.306
Registered office
Kortrijksesteenweg 735 bus 1, 9000 Gent
Names & denominations
SANTIAGO · restaurant santiago hotel cathedral bed & breakfast santiaago
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
16 June 2005
Peppol
Active · Active since 29 Dec 2025
Activities · NACE

Hotels en dergelijke accommodatie

Frequently asked questions

What does SANTIAGO do?
SANTIAGO is a hotel in Gent. Private Limited, started on 16 June 2005, 1 establishment.
What is the address of SANTIAGO?
The registered office of SANTIAGO is located at Kortrijksesteenweg 735 box 1, 9000 Gent.
Is SANTIAGO still active?
Yes. According to the CBE (29 October 2026) SANTIAGO is active, legal situation “Normale toestand”, started on 16 June 2005.
Is SANTIAGO registered on Peppol?
Yes, SANTIAGO is registered on the Peppol network with ID 0208:0874619306.
What is the enterprise number of SANTIAGO?
The enterprise number of SANTIAGO is BE0874619306.
When was SANTIAGO founded?
SANTIAGO was founded on 16 June 2005.