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CORNALYN

Active Private limited companyfounded 2014active for 12 yearsTervurenlaan 99, 1040 EtterbeekKBO/BCE: BE 0553.993.229

Lifetime

12 annual accounts with figures on one time axis
peak €176,199 (2024)
-€92,629▼ €268,828
lowest -€101,173 (2025)
-€101,173▼ €227,094
peak €262,984 (2018)
€13,533▼ 88.2%
€115,012▼ 19.1%
peak 0.5 FTE (2016)
-not published
Board1 name since 2014
1 director
Documentsfilings and deeds
15-09-202646 days late
2025micro format
Gross margin from €176,199 to -€92,629Loss of €101,173Equity from €114,706 to €13,533Debts from €142,111 to €115,012Cash from €224,641 to €47,936

Key points

from the 2025 annual accounts

Equity

€13,533 from €262,984 in 2018

Equity fell by 95% in 7 years.

Debts

€115,012 89% of the balance sheet
Suppliers 2%Taxes and wages 0%Other 97%

Liquidity

1.00 was 1.69 in 2024

Short-term debts fell from €142,111 to €115,012.

Filings

11 annual accounts 12 filings since 2015
AprilJune31 JulyOctober201520202025

Eight of the last ten came late. The 2019 accounts came latest: 101 days after the end of the period.

Position in the sector

-€101,173

Lower net result than 95% of companies in head offices and management consultancy. Sector median €27,138 · 39,392 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,294 companies had the same profile as CORNALYN has now. Each dot stands for 4 companies, two years later.

89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,294 companies, not a prediction for CORNALYN. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 24-06-2014
Board & ownership

Recent changes

Registered office moved within Brussels New registered office: Avenue de Tervueren 99, 1040 BRUXELLES · Previous registered office: Rue de la Loi 26, 1040 BRUXELLES · Change of role: , from manager to director · General meeting of 14-12-2023 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0553993229
Incorporation published on 24-06-2014 · Gazette deed
First establishment Wetstraat 26, Brussels
All 22 events

Comparable companies

same main activity, similar in size and age
Company
CORNALYN Etterbeek €128,545 -€92,629 10.5% -
GLVB Uccle €130,019 -€12,928 64.1% -
SOCIETE MONROSE Sint-Gillis (bij-Brussel) €143,484 -€1,196 76.5% -
POINT CAPITAL! Brussels €110,729 -€18,925 71.1% -
Cordemans Research & Consulting Schaerbeek €144,159 -€9,363 90.7% -
BDK & FILS MANAGEMENT Schaerbeek €153,701 €185 58.7% -
Telstar Management Molenbeek-Saint-Jean €134,195 -€519 54.9% -

These companies have the same main activity as CORNALYN: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €111,000 and €154,000, founded between 2012 and 2014.

Official details

Source: KBO
Status
Active since 20-06-2014Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.231.685.3341040 Brussels, since 20-06-2014
Financial year end
31 December
Peppol
Reachable since 24-11-2023
Company details

Annual accounts 2025

€128,545▼ 49.9%
Filing
Filed on 15-09-2026
Financials

Insights on CORNALYN

CORNALYN files the micro format. That format states no turnover. The gross margin fell from €71,462 in 2015 to -€92,629 in 2025.

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 CORNALYN

What is the company number of CORNALYN?
The company number of CORNALYN is 0553.993.229. The VAT number is the same number with BE in front: BE 0553.993.229.
Where is CORNALYN based?
The registered office is at Tervurenlaan 99, 1040 Etterbeek.Company details
What does CORNALYN do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of CORNALYN?
CORNALYN is a private limited company (BV).
When was CORNALYN founded?
CORNALYN was founded on 20-06-2014.
Is CORNALYN still active?
Yes, CORNALYN is an active enterprise in the KBO register.
How many employees does CORNALYN have?
CORNALYN had an average of 0.1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of CORNALYN?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
Is CORNALYN profitable?
In financial year 2025, CORNALYN made a loss of €101,173.
Where can I find the annual accounts of CORNALYN?
CORNALYN filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CORNALYN due?
CORNALYN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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