Turnover
≈ €2.2m estimated
The accounts state no turnover.
COTTYN
Lifetime
17 annual accounts with figures on one time axispeak €1.3m (2025)
€1.3m▲ 11.8%
lowest -€221,507 (2023)
€31,463▲ 25×
peak €795,160 (2012)
€567,841▲ 5.9%
€3.3m▼ 3.6%
peak 16 FTE (2023)
13.3 FTE▲ 19.8%
Board8 names since 2008
6 directorsCottyn Marc and 5 others
Owners
14%Roseleth
Documentsfilings and deeds
31-07-2026on the last day
2025financial year
Result from €1,243 to €31,463Staff from 11.1 FTE to 13.3 FTE2 directors appointed, 6 reappointments 16-10
Key points
from the 2025 annual accountsDebts
€3.3m 85% of the balance sheet
Financial debts 50%Suppliers 24%Taxes and wages 6%Other 20%
Of this, €2.3m falls due within a year.
Investments
€23,924 0.1 × depreciation
Green is investment, beige is depreciation. Machinery stands 46.1% higher than in 2024.
Filings
17 annual accounts since 2009
Six of the last ten came late. The 2019 accounts came latest: 104 days after the end of the period.
At the same address
16 companies
Board
1 left
A director left. Latest change 01-07-2026 · 5 in office.
Checked score
83
Excellent
Financially stronger than 25% of small companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 1,476 companies (NACE 69, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.5%▲ +0.1 percentage points vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%▲ +0.1 percentage points vs 07-2025
09-2025: 0.9%▲ +0.2 percentage points vs 08-2025
10-2025: 1.1%▲ +0.2 percentage points vs 09-2025highest value
11-2025: 0.5%▼ -0.6 percentage points vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▼ -0.3 percentage points vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.99, cash €92,352
1 of the last 3 accounts late
lowers risk
Sector: Legal and accounting activities (NACE 69)
Figures for financial year 2025 (filed on 31-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, small). It does better than 23% of them on solvency, 6% on liquidity, 21% on profitability and 49% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as COTTYN has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of COTTYN itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,107 companies, not a prediction for COTTYN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.99 (0.83 in 2024), below 1. Short-term debt is 60.3% and cash 2.4% of total assets. 85.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
61 days late
2023
30 days late
2022
67 days late
2021
4 days late
2020
1 day early
2019
104 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 38 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Resignation: Van der Snickt Jan (managing director)
General meeting of 29-06-2026 · Gazette deed
2 directors appointed, 6 reappointments
Reappointments: Cottyn Marc, Dierickx Lennert, Hermans Thierry, Roseleth bv, Van Der Snickt Jan and Van De Steen Ann · Permanent representative: Roseleth Nestor · Appointments: Cottyn Marc (managing director) and Van Der Snickt Jan (managing director) · General meeting of 26-09-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0898966997
Appointment: Dierickx Lennert (director)
General meeting of 12-08-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COTTYN Aalst | €3.9m | €1.3m | 14.6% | 13.3 |
| EVEREST ADVOCATEN GENT Ghent | €3.1m | €1.1m | 5.2% | 10.4 |
| TETRA LAW Ixelles | €2.6m | €1.2m | 1.8% | 10.4 |
| GYSEN-DE KEYSER-SWERTS ADVOCATEN Mechelen | €4.3m | €1.8m | 48.6% | 9.4 |
| contrast-European & Business Law Zaventem | €3.5m | €2.2m | 0.7% | 12.1 |
| AVOCATS DELFOSSE - SOCIETE CIVILE D' AVOCATS Liège | €3.7m | €2.3m | 85.6% | 11 |
| ADVOCATENKANTOOR PAUL COOLS Antwerp | €3.5m | €1.4m | 80.7% | 11.8 |
These companies have the same main activity as COTTYN: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €2.6m and €4.3m, founded between 1992 and 2012.
Official details
Source: KBO- Status
- Active since 02-07-2008Normal situation
- Registered office
- 17 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 8 November 2026.
- Activity
- Activities of lawyersNACE 69101
- Joint committee
- 336Liberal professions · annual accounts 2024
- Establishment unit
- 2.254.423.7189300 Aalst, since 02-07-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 28-07-2025
Annual accounts 2025
- €3.9m▼ 2.3%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on COTTYN
COTTYN has existed since 2008. The present size dates from 2019. The gross margin rose that year from €48,695 to €870,122.
In October 2025, the Official Gazette published the appointment of Cottyn Marc as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about COTTYN
- What is the company number of COTTYN?
- The company number of COTTYN is 0898.966.997. The VAT number is the same number with BE in front: BE 0898.966.997.
- Where is COTTYN based?
- The registered office is at Leopoldlaan 48, 9300 Aalst.Company details
- What does COTTYN do?
- According to the KBO register, the main activity is activities of lawyers (NACE 69101).
- What is the legal form of COTTYN?
- COTTYN is a public limited company (NV).
- When was COTTYN founded?
- COTTYN was founded on 02-07-2008.
- Is COTTYN still active?
- Yes, COTTYN is an active enterprise in the KBO register.
- How many employees does COTTYN have?
- COTTYN had an average of 13.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does COTTYN fall under?
- In its 2024 annual accounts, COTTYN states joint committee 336 (Liberal professions).
- What is the turnover of COTTYN?
- The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €1.3m and 1,585 comparable companies of the same size. It probably lies between €1.5m and €3.7m. It is a rough estimate.
- Is COTTYN profitable?
- In financial year 2025, COTTYN made a profit of €31,463.
- Where can I find the annual accounts of COTTYN?
- COTTYN filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COTTYN due?
- COTTYN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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