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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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LE CÔTÉ VERT from Waterloo, company number BE0431288427, closed financial year 2025 with a result of € 18,927 after tax. For that financial year LE CÔTÉ VERT recorded a gross margin of € 1.9 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € -7,705 to € 18,927. Profitable, and profit is growing. 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 August 6, 2026.
€ 1.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,927
▲ still € 7,705 loss in 2024
Profit after tax over the fiscal year.
€ 100,662
▲ 156% 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 € 1.1 million.
People and assets in 2025
23.7
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 13% vs 2024
€ 53,400 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.
€ 81,376
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.9 million
▼ 18% vs 2024
€ 488,762 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 191,531
▲ € 172,721 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 133,090
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,610,412 | € 1,875,319 | € 1,733,062 | € 1,878,760 | ▲ 8% |
| Profit after taxes | € 289,684 | € 310,403 | € -7,705 | € 18,927 | ▲ € 26,632 |
| Equity | € 1,106,131 | € 1,507,912 | € 1,511,023 | € 1,507,196 | |
| Total debts | € 2,119,121 | € 1,714,954 | € 2,507,971 | € 2,250,386 | ▼ 10% |
| Cash | € 39,510 | € 75,713 | € 39,279 | € 100,662 | ▲ 156% |
| Land & buildings | € 2,194,947 | € 1,956,556 | € 2,418,166 | € 2,187,776 | ▼ 10% |
| Retained profit | € 687,421 | € 1,032,669 | € 1,049,963 | € 1,093,890 | ▲ 4% |
| Bank debt | € 1,921,724 | € 1,546,065 | € 2,351,061 | € 1,916,503 | ▼ 18% |
| Balance sheet total | € 3,320,092 | € 3,262,254 | € 4,053,828 | € 3,788,488 | ▼ 7% |
| Employees (FTE) | 20 | 24.1 | 22.8 | 23.7 | ▲ 0.9 |
Key figures of LE CÔTÉ VERT, 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 LE CÔTÉ VERT?
What happened at LE CÔTÉ VERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Valérie Everard stepped down as director. NBB
- Jean-François Fagnart stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 18,927. filed late Source: NBB ↗
- Valérie Everard became a director. NBB
- Jean-François Fagnart became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 289,684 profit in 2022 to € 18,927 profit in 2025.
Paid € 53,329 in corporate taxes since 2022.
Best year ever: 2023, with € 310,403 profit.
On average € 79,300 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Valérie Everard
Director
since 2023 · until 2029
Jean-François Fagnart
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Chaussée de Bruxelles 200G
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.288.427
- VAT number
- BE 0431.288.427
- Registered office
- Chaussée de Bruxelles 200G, 1410 Waterloo
- Names & denominations
- LE CÔTÉ VERT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 1987
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant