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THE COTTAGE

Active
Public limited companyfounded 1993active for 33 yearsNowélei (Jean Baptiste) 33B, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0449.185.422
Summary

The computed 12-month bankruptcy probability of THE COTTAGE is 5.7% (elevated). The 2024 annual accounts show negative equity (-€53,775) and a net result of -€700. Equity remains stable across the filed financial years (±1.5% per year). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
-€53,775equity 2024
Loss
-€700
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
5.7%
Too few figures to score
Structure
Accounts 70 days overdue0 of 3 deeds read
Signalsraises riskFigures for financial year 2022 (filed 01-09-2023)Loss of €790, the second in a row (financial year 2022)No main activity registeredNegative equitylowers riskSize: total assets €348neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Bankruptcy probability, 12 months
5.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 3.7%lowest value 12-2024: 4.3%▲ +0.6 percentage points vs 11-2024 01-2025: 6.5%▲ +2.2 percentage points vs 12-2024 02-2025: 6.5%● unchanged vs 01-2025 03-2025: 6.8%▲ +0.3 percentage points vs 02-2025 04-2025: 5.9%▼ -0.9 percentage points vs 03-2025 05-2025: 5.9%● unchanged vs 04-2025 06-2025: 5.9%● unchanged vs 05-2025 07-2025: 5.9%● unchanged vs 06-2025 08-2025: 7.0%▲ +1.1 percentage points vs 07-2025highest value 09-2025: 5.0%▼ -2.0 percentage points vs 08-2025 10-2025: 5.0%● unchanged vs 09-2025 11-2025: 5.0%● unchanged vs 10-2025 12-2025: 5.0%● unchanged vs 11-2025 01-2026: 5.0%● unchanged vs 12-2025 02-2026: 5.0%● unchanged vs 01-2026 03-2026: 5.0%● unchanged vs 02-2026 04-2026: 5.0%● unchanged vs 03-2026 05-2026: 5.0%● unchanged vs 04-2026 06-2026: 5.0%● unchanged vs 05-2026 07-2026: 5.0%● unchanged vs 06-2026 08-2026: 5.7%▲ +0.7 percentage points vs 07-2026 09-2026: 5.7%● unchanged vs 08-2026 10-2026: 5.7%● unchanged vs 09-2026
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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for financial year 2022 (filed 01-09-2023)
NBB · annual accounts
lowers risk · Size: total assets €348
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €790, the second in a row (financial year 2022)
NBB · annual accounts
raises risk · No main activity registered
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€53,775
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
28 days late
2023
30 days late
2022
29 days late
2021
31 days late
2020
30 days late
2019
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 35 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€53,775 View
  • Risk: 7 loss-making years in a rowloss financial year 2024 -€700 View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View

By topic

Financials

Financial year
2024
Loss
-€700
Equity
-€53,775
Total assets▼ 76.9%
Net result
20182022
Go to Financials

Timeline

Events
33
Since
1994
  1. 31-08-2022Annual accounts filed
  2. 30-08-2021Annual accounts filed
  3. 30-09-2020Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
14-01-1993
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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