ACTIVE

COTTAGE

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Financial year 2025 · closed on 31/12/2025

Net result

-11,3 k €

-6.1% YoY

Gross margin

-1,8 k €

-58.7% YoY

Equity

34,4 k €

-24.8% YoY

What does COTTAGE do?

COTTAGE is a Private company with limited liability incorporated in 1990. Its registered office is in Retie.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0441.121.455

Incorporation

15/06/1990

Legal form

Private company with limited liability

Registered office

Asberg 1
2470 Retie · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	-1,8 k €	-58.7%	-1,1 k €	-8.1%	-1 k €	-163%	1,6 k €	-97.4%	63,5 k €	+1569%	3,8 k €	-51.6%	7,9 k €	-70.7%	26,8 k €	-80.2%	135,6 k €	+260%	37,6 k €	-24.9%	50,1 k €	+32.2%	37,9 k €	+2.7%	36,9 k €	+10.2%	33,5 k €	+448%	6,1 k €	+44.0%	4,2 k €
EBITDA	-2,5 k €	-34.4%	-1,9 k €	-9.7%	-1,7 k €	-259%	1,1 k €	-98.2%	60,5 k €	+1905%	3 k €	-54.6%	6,7 k €	-68.5%	21,1 k €	-84.2%	133,6 k €	+268%	36,3 k €	-23.1%	47,2 k €	+35.9%	34,7 k €	+19.9%	28,9 k €	-7.0%	31,1 k €	+701%	3,9 k €	+60.4%	2,4 k €
Operating result	-11,3 k €	-6.1%	-10,7 k €	-1.6%	-10,5 k €	-39.3%	-7,5 k €	-119%	39,5 k €	+386%	-13,8 k €	-41.0%	-9,8 k €	-190%	10,9 k €	-91.0%	120,6 k €	+586%	17,6 k €	-20.2%	22 k €	+121%	10 k €	+13.4%	8,8 k €	-56.1%	20,1 k €	+402%	-6,6 k €	-272%	-1,8 k €
Net result	-11,3 k €	-6.1%	-10,7 k €	+33.7%	-16,1 k €	-78.4%	-9 k €	+73.8%	-34,4 k €	-238%	-10,2 k €	-111%	-4,8 k €	-178%	6,2 k €	-91.4%	71,5 k €	+684%	9,1 k €	-21.7%	11,6 k €	+260%	-7,3 k €	+3.8%	-7,5 k €	-209%	6,9 k €	+405%	-2,3 k €	-405%	742 €
Balance sheet
Equity	34,4 k €	-24.8%	45,7 k €	-18.9%	56,4 k €	-22.2%	72,5 k €	-11.1%	81,5 k €	-30.4%	117,1 k €	-8.0%	127,3 k €	-3.6%	132,1 k €	+4.9%	125,9 k €	+131%	54,4 k €	+20.1%	45,3 k €	-45.8%	83,7 k €	-17.1%	100,9 k €	-6.9%	108,5 k €	-60.8%	276,6 k €	-0.8%	278,8 k €
Total assets	178,9 k €	-4.7%	187,6 k €	-4.5%	196,4 k €	-4.3%	205,2 k €	-15.2%	242,1 k €	-48.8%	472,7 k €	-0.8%	476,4 k €	+22.1%	390 k €	+112%	183,6 k €	+138%	77,2 k €	-27.7%	106,7 k €	+1.5%	105,2 k €	-6.4%	112,4 k €	-39.3%	185,2 k €	-35.1%	285,3 k €	+1.9%	279,9 k €
Cash	–		–		0 €	-100%	26 €	-96.8%	821,6 €	-76.1%	3,4 k €	+692%	434,2 €	+84.8%	234,9 €	-99.8%	132,8 k €	+775%	15,2 k €	-41.7%	26,1 k €	+3886%	653,6 €	-41.9%	1,1 k €	-98.6%	82,9 k €	-52.5%	174,7 k €	-20.9%	220,8 k €
Debts	144,4 k €	+1.8%	141,9 k €	+1.4%	140 k €	+5.5%	132,7 k €	-17.3%	160,6 k €	-50.4%	323,9 k €	+2.7%	315,5 k €	+41.8%	222,5 k €	+1516%	13,8 k €	-39.4%	22,7 k €	-63.0%	61,4 k €	+185%	21,5 k €	+88.1%	11,4 k €	-85.1%	76,7 k €	+775%	8,8 k €	+716%	1,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 12 ended

Active mandates

Vantana Sae-Un

Director · since 01 septembre 2017

Active

Ended mandates

Vantana Sae - Un

Director · since 01 septembre 2017

Ended

Vantana Sae Un

Manager · since 01 septembre 2017

Ended

NADINE POSSEMIERS

Director

Ended

NADINE POSSEMIERS

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/04/2026	21/08/2025	09/08/2024	31/08/2023	31/08/2022	01/07/2021
General meeting	28/04/2026	04/06/2025	31/07/2024	04/08/2023	31/07/2022	04/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	28/04/2026	29/04/2026	Dutch	PDF
Micro model	31/12/2024	04/06/2025	21/08/2025	Dutch	PDF
Micro model	31/12/2023	31/07/2024	09/08/2024	Dutch	PDF
Micro model	31/12/2022	04/08/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	31/07/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	04/06/2021	01/07/2021	Dutch	PDF
Micro model	31/12/2019	05/06/2020	03/07/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	24/07/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	22/06/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	07/08/2015	Dutch	PDF
Abridged modelCorrection	31/12/2013	06/06/2014	07/08/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	25/06/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	31/07/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	24/07/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	24/07/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	31/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 12 ended

Active mandates

Vantana Sae-Un

Director · since 01 septembre 2017

Active

Ended mandates

Vantana Sae - Un

Director · since 01 septembre 2017

Ended

Vantana Sae Un

Manager · since 01 septembre 2017

Ended

NADINE POSSEMIERS

Director

Ended

NADINE POSSEMIERS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office07/02/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/10/2017
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/03/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/07/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/05/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/12/2008
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates24/10/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/09/2007
ONTSLAGEN - BENOEMINGEN - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-11,3 k €↓
2024
Annual accounts 2024-10,7 k €↑
2023
Annual accounts 2023-16,1 k €↓
2022
Annual accounts 2022-9 k €↑
2021
Annual accounts 2021-34,4 k €↓
2019
Annual accounts 2019-10,2 k €↓
2018
Annual accounts 2018-4,8 k €↓
2017
Annual accounts 20176,2 k €↓
2016
Annual accounts 201671,5 k €↑
2015
Annual accounts 20159,1 k €↓
2014
Annual accounts 201411,6 k €↑
2013
Annual accounts 2013-7,3 k €↑
2012
Annual accounts 2012-7,5 k €↓
2011
Annual accounts 20116,9 k €↑
2010
Annual accounts 2010-2,3 k €↓
2009
Annual accounts 2009742 €
15/06/1990
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

COTTAGE

Overview

What does COTTAGE do?

Trend over 16 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline