Financials
Financial year 2025
COTTYN from Aalst, company number BE0898966997, closed financial year 2025 with a result of € 31,463 after tax. For that financial year COTTYN recorded a gross margin of € 1.3 million and equity of € 567,841. Compared with financial year 2024, the result moved from € 1,243 to € 31,463. Profitable, and profit is growing. 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 31, 2026.
€ 567,841
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,463
▲ € 30,220 vs 2024
Profit after tax over the fiscal year.
€ 92,352
▲ 6% 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 € -57,359.
People and assets in 2025
13.3
▲ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 696,319
▲ 13% vs 2024
€ 52,400 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.
€ 710,013
▼ 16% vs 2024
Of which on lease € 702,503.
Debts at end 2025
€ 1.8 million
▼ 11% vs 2024
€ 118,173 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 788,724
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 192,901
▲ 45% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,235,754 | € 901,736 | € 1,163,777 | € 1,300,721 | ▲ 12% |
| Profit after taxes | € 111,859 | € -221,507 | € 1,243 | € 31,463 | ▲ € 30,220 |
| Equity | € 756,643 | € 535,136 | € 536,378 | € 567,841 | ▲ 6% |
| Total debts | € 3,723,776 | € 3,623,758 | € 3,448,175 | € 3,324,446 | ▼ 4% |
| Cash | € 145,706 | € 113,215 | € 86,918 | € 92,352 | ▲ 6% |
| Land & buildings | - | - | - | € 2,975 | |
| Retained profit | € 131,443 | € -90,064 | € -88,822 | € -57,359 | ▲ € 31,463 |
| Bank debt | € 2,513,821 | € 2,204,967 | € 1,998,764 | € 1,787,732 | ▼ 11% |
| Balance sheet total | € 4,480,419 | € 4,158,894 | € 3,984,553 | € 3,892,287 | ▼ 2% |
| Employees (FTE) | 15.5 | 16 | 11.1 | 13.3 | ▲ 2.2 |
Key figures of COTTYN, 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 COTTYN?
What happened at COTTYN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 31,463 (▲ € 30,220 vs 2024). Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 111,859 profit in 2022 to € 31,463 profit in 2025.
Paid € 301,029 in corporate taxes since 2022.
Best year ever: 2022, with € 111,859 profit.
On average € 97,800 of value added per employee in 2025.
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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
The stake of Roseleth comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COTTYNBehind COTTYN are Marc Cottyn, Lennert DIERICKX, Thierry Hermns, Ann Van De Steen and Roseleth BV. The shares are held by Roseleth (14%).
Directors
According to the 2025 annual accounts
Marc Cottyn
bestuurder
Lennert DIERICKX
bestuurder
Thierry Hermns
bestuurder
Shareholders
14%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leopoldlaan 48
9300 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0898.966.997
- VAT number
- BE 0898.966.997
- Registered office
- Leopoldlaan 48, 9300 Aalst
- Names & denominations
- COTTYN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2008
- Peppol
- Active · Active since 28 Jul 2025
- Activities · NACE
Activiteiten van advocaten