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 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LA MAISON DU CORMORAN from Ottignies-Louvain-la-Neuve, company number BE0446689453, closed financial year 2025 with a result of € 37,483 after tax. For that financial year LA MAISON DU CORMORAN recorded a gross margin of € 118,862 and equity of € 70,195. Compared with financial year 2024, the result moved from € -16,297 to € 37,483. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 19, 2025.
€ 70,195
▲ 115% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,483
▲ still € 16,297 loss in 2024
Profit after tax over the fiscal year.
€ 14,213
▼ 42% 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 € 45,195.
People and assets in 2025
€ 64,388
▼ 16% 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.
€ 1,948
▲ 85% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 45,061
▼ 21% vs 2024
€ 11,909 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 100,075
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,746
▲ 37% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 637,702 | - | - | - | |
| Gross margin | € 133,010 | € 112,300 | € 75,104 | € 118,862 | ▲ 58% |
| Profit after taxes | € 9,394 | € -8,630 | € -16,297 | € 37,483 | ▲ € 53,781 |
| Equity | € 57,439 | € 48,809 | € 32,712 | € 70,195 | ▲ 115% |
| Total debts | € 140,756 | € 133,211 | € 213,492 | € 234,586 | ▲ 10% |
| Cash | € 9,214 | € 5,477 | € 24,501 | € 14,213 | ▼ 42% |
| Retained profit | € 32,639 | € 24,009 | € 7,712 | € 45,195 | ▲ € 37,483 |
| Bank debt | € 41,186 | € 37,498 | € 56,848 | € 45,061 | ▼ 21% |
| Balance sheet total | € 198,195 | € 182,020 | € 246,204 | € 304,781 | ▲ 24% |
| Employees (FTE) | - | - | 3 | - |
Key figures of LA MAISON DU CORMORAN, 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 October 2026.
What happened to LA MAISON DU CORMORAN?
What happened at LA MAISON DU CORMORAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 37,483. filed late Source: NBB ↗
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,394 profit in 2022 to € 37,483 profit in 2025.
Paid € 18,083 in corporate taxes since 2022.
Best year ever: 2025, with € 37,483 profit.
On average € 25,000 of value added per employee in 2024.
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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
Behind LA MAISON DU CORMORAN are Michaël Awad, Pascal Martin and Marc Servais.
Directors
According to the 2025 annual accounts
Michaël Awad
Director
Pascal Martin
Director
Marc Servais
Director
Establishments
Establishment units
Physical locations of this company
Rue des Wallons 8
1348 Ottignies-Louvain-la-Neuve
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →LE TRUSQUIN
€ 162,388 gross margin · 2025
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CELLULE SUSH'
€ 1.1 million gross margin · 2025
Belgian Beer Promotion
€ 48,697 gross margin · 2025
+1 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
- 0446.689.453
- VAT number
- BE 0446.689.453
- Registered office
- Rue des Wallons 8, 1348 Ottignies-Louvain-la-Neuve
- Names & denominations
- LA MAISON DU CORMORAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 1992
- Peppol
- Active · Active since 20 Dec 2025
- Activities · NACE
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