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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
51 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
THE KOTTAGE from Waterloo, company number BE0452989307, closed financial year 2025 with a result of € -37,567 after tax. For that financial year THE KOTTAGE recorded a gross margin of € 105,497 and equity of € -18,947. Compared with financial year 2024, the result moved from € -16,852 to € -37,567. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ -18,947
▼ € 42,967 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,567
▼ 123 % more loss than in 2024
Profit after tax over the fiscal year.
€ 270,595
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -197,498.
Debts at end 2025
€ 1.2 million
▲ € 1.2 million vs 2024
€ 46,609 is repaid this year. At this pace the long-term loan is gone in ≈ 26 years.
€ 3,485
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,654
▲ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 85,056 | € 89,078 | € 103,656 | € 105,497 | ▲ 2% |
| Profit after taxes | € -16,268 | € -34,066 | € -16,852 | € -37,567 | ▼ € 20,715 |
| Equity | € 85,738 | € 46,272 | € 24,020 | € -18,947 | ▼ € 42,967 |
| Total debts | € 1,356,887 | € 1,263,563 | € 1,303,474 | € 1,287,197 | ▼ 1% |
| Cash | € 139,371 | € 130,631 | € 229,537 | € 270,595 | ▲ 18% |
| Land & buildings | € 1,263,193 | € 1,177,179 | € 1,072,754 | € 973,310 | ▼ 9% |
| Retained profit | € -109,012 | € -143,078 | € -159,930 | € -197,498 | ▼ € 37,567 |
| Bank debt | € 340,587 | € 1,240,012 | € 41,593 | € 1,197,236 | ▲ € 1.2 million |
| Balance sheet total | € 1,469,426 | € 1,328,012 | € 1,337,047 | € 1,269,178 | ▼ 5% |
Key figures of THE KOTTAGE, 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 THE KOTTAGE?
What happened at THE KOTTAGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,567. Source: NBB ↗
- JL Square SRL stepped down as director. NBB
- André Vincent became a director. NBB
- ARLO SRL became a director. NBB
- Sports Ventures SRL became a director. NBB
- JL Square SRL became a director. NBB
- New establishment in Jalhay. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,268 loss in 2022 to € 37,567 loss in 2025.
Management
The stake of KO IMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THE KOTTAGEBehind THE KOTTAGE are André Vincent, ARLO SRL and Sports Ventures SRL. The shares are held by KO IMMO (100%).
Directors
According to the 2025 annual accounts
since 2022
Director · represented by Arthur Lhoist
Also active at: Tennis Club de Belgique Courts Couverts, LE VIEUX LOGIS, FALS, PORCELYNEGOED, LAMSOUL, LES CRESSES, MATHIMMO, LE BESTIN +35 more
since 2022
Director · represented by Nicolas Lhoist
Also active at: Tennis Club de Belgique Courts Couverts, GROTTES DE HAN, LE VIEUX LOGIS, Sporsystem, FALS, PORCELYNEGOED, LAMSOUL, LES CRESSES +41 more
since 2022
Director · represented by Jérôme Lhoist
Also active at: Tennis Club de Belgique Courts Couverts, LE VIEUX LOGIS, PORCELYNEGOED, LAMSOUL, LES CRESSES, MATHIMMO, LE BESTIN, IMZ +14 more
since 2022 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée de Tervuren 389
1410 Waterloo
Route de Hockai(Sart) 25
4845 Jalhay
Active since 20 March 1995
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 51 companies are registered at this address.
All companies at this address →LE VIEUX LOGIS same network
€ 31,331 gross margin · 2025
FALS same network
€ 341,137 gross margin · 2025
PORCELYNEGOED same network
€ 973,207 gross margin · 2024
LAMSOUL same network
€ -202,654 gross margin · 2025
LES CRESSES same network
€ -96,545 gross margin · 2025
+46 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
- 0452.989.307
- VAT number
- BE 0452.989.307
- Registered office
- Chaussée de Tervuren 389, 1410 Waterloo
- Names & denominations
- THE KOTTAGE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 1994
- Peppol
- Active · Active since 16 Nov 2024
- Activities · NACE
Hotels en dergelijke accommodatie
Verhuur en lease van sport- en recreatieartikelen
Gites, vakantiewoningen en -appartementen