Financials
Financial year 2025
Worth noting
- The team shrank two years in a row.
- Little cash and receivables against the short-term debts.
Revenue
€ 115.6 million
▼ 7% vs 2024
Profit
Healthy€ 16.3 million
▼ 3% vs 2024
Debts
High€ 84.5 million
▼ 13% vs 2024
THE COTTON GROUP from Waterloo, company number BE0440097116, closed financial year 2025 with a result of € 16.3 million after tax. For that financial year THE COTTON GROUP recorded revenue of € 115.6 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 16.8 million to € 16.3 million. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
What happened at THE COTTON GROUP?
What happened at THE COTTON GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michael Hauge Sørensen stepped down as director. NBB
- ALOHA MANAGEMENT stepped down as director. NBB
- Christian Dyvig stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 16.3 million (▼ 3% vs 2024). Source: NBB ↗
- Michael Hauge Sørensen became a director. NBB
- ALOHA MANAGEMENT became a director. NBB
- Christian Dyvig became a director. NBB
- New establishment in Waterloo. KBO
In short
From € 21.7 million profit in 2021 to € 16.3 million profit in 2025.
Paid € 32.2 million in corporate taxes since 2021.
Best year ever: 2022, with € 22.3 million profit.
Paid out € 112.7 million in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
The shares are held by BELSKAND SA (99%). It owns 71% of Falk & Ross Group Equity GmbH itself.
Directors
According to the 2025 annual accounts
Michael Hauge Sørensen
Vice-chairman of the board
since 2024 · until 2027
Managing director · represented by Murielle Degeest
Also active at: Falk & Ross Group Belgium, BELSKAND
since 2024 · until 2027
Christian Dyvig
Chairman of the board
since 2024 · until 2027
Shareholders
99%
Participations
Falk & Ross Group Equity GmbH
71%
Establishments
Establishment units
Physical locations of this company
Drève Richelle 161 O box 5
1410 Waterloo
Drève Richelle 161 box 5
1410 Waterloo
Active since 23 September 1991
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
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Details
- Company number
- 0440.097.116
- VAT number
- BE 0440.097.116
- Registered office
- Drève Richelle 161 O bus 5, 1410 Waterloo
- Names & denominations
- THE COTTON GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 1990
- Peppol
- Active · Active since 14 Jan 2026
- Activities · NACE
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