Equity
-€35,400 from €80,155 in 2022
Equity fell below zero in 2024.
CORNAX
Overview
Information for creditors
Enterprise Court of Antwerp, Hasselt division · Official Gazette of 29-10-2025Appeal or third-party opposition 13-11-2025Filing the claim in RegSol 22-11-2025First verification report 04-12-2025Late claim 23-10-2026
Trustees: Felix Ruysschaert, Mark Bernaerts, Stefanie Grosemans. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Lifetime
4 annual accounts with figures on one time axispeak €68,099 (2022)
-€51,424▼ €12,533
lowest -€74,122 (2024)
-€74,122▼ €32,689
peak €80,155 (2022)
-€35,400▼ €74,122
€141,255▲ 41.7%
Board5 names since 2020
1 directorConstantia et labore
Documentsfilings and deeds
08-10-202569 days late
2024abbreviated format
Gross margin from -€38,891 to -€51,424Loss of €74,122Equity from €38,722 to -€35,400Debts from €99,685 to €141,255
Key points
from the 2024 annual accounts, the last ones filedDebts
€141,255 133% of the balance sheet
Financial debts 10%Suppliers 17%Taxes and wages 9%Other 64%
Of this, €51,252 falls due within a year.
Filings
4 annual accounts 2 late
The 2023 accounts came latest: 240 days after the end of the period.
No scoreTurnover not published (abbreviated or micro format)
Recent changes
Bankruptcy published
Enterprise Court of Antwerp, Hasselt division · judgment of 23-10-2025 · Bankruptcy
Registered office moved from Schilde to Lummen
New registered office: Klaverbladstraat 13B, 3560 Lummen · Previous registered office: Wijnegemsteenweg 83 bus 2, 2970 Schilde · Board meeting of 25-05-2023 · Gazette deed
Resignation: GDCreationsBV (director)
Director discharge: GDCreationsBV · General meeting of 30-06-2022 · Gazette deed
Resignation: Load-It BV (director)
Director discharge: Load-It BV · General meeting of 27-07-2021 · Gazette deed
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 23-10-2025
- Activity
- Agents in non-specialised wholesale tradeNACE 46190and 7 others
- Establishment unit
- 2.302.488.703since 20-05-2020
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2024
- -€51,424▼ 32.2%
- €74,122▲ 78.9%
- -€35,400
- €105,855▼ 23.5%
- Filing
- Filed on 08-10-2025
Insights on CORNAX
Equity fell from €80,155 in 2022 to -€35,400 in 2024, while debts rose from €83,934 to €141,255.
On 23 October 2025 the court declared CORNAX bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2024
abbreviated format, filed on 08-10-2025, 69 days late-€51,424
▼ €12,533
-€52,225
▼ €11,223
-€74,122
▼ €32,689
€53,669
▲ 4.3%
-33.4%
▼ 61.4 percentage points
2.05
▲ 0.44
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance sheet
balance sheet total €105,855 on 31-12-2024What the company ownsHow it is paid for
in euro
Position in the sector
-33.4%
Higher than 5% of 8,963 companies in 2024.
2.05
Higher than 57% of 8,828 companies in 2024.
-70.0%
Lower than 95% of 8,905 companies in 2024.
CORNAX
Middle half of the sector
80% of the sector
Abbreviated accounts in wholesale trade (NACE 46)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
105,855 | 138,407 | 164,089 | 111,154 | |
21/28 |
933 | 2,288 | 3,241 | 5,232 | |
21 |
933 | 1,451 | 1,968 | 2,486 | |
22/27 |
- | 87 | 522 | 2,747 | |
23 |
- | 87 | 522 | 958 | |
24 |
- | - | - | 1,789 | |
28 |
- | 750 | 750 | - | |
29/58 |
104,921 | 136,119 | 160,849 | 105,921 | |
40/41 |
104,921 | 136,108 | 160,537 | 99,440 | |
40 |
85,502 | 95,151 | 119,670 | 60,443 | |
41 |
19,419 | 40,956 | 40,867 | 38,997 | |
54/58 |
- | 11 | 311 | 6,453 | |
490/1 |
- | - | - | 28 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
105,855 | 138,407 | 164,089 | 111,154 | |
10/15 |
-35,400 | 38,722 | 80,155 | 29,981 | |
10/11 |
5,005 | 5,005 | 5,005 | 5,005 | |
11 |
- | - | - | 5,005 | |
1109/19 |
- | - | - | 5,005 | |
14 |
-40,405 | 33,717 | 75,150 | 24,976 | |
17/49 |
141,255 | 99,685 | 83,934 | 81,173 | |
17 |
- | - | 18,672 | 19,200 | |
170/4 |
- | - | 18,672 | 19,200 | |
42/48 |
51,252 | 84,682 | 49,856 | 61,973 | |
43 |
14,108 | - | - | - | |
430/8 |
14,108 | - | - | - | |
44 |
24,459 | 49,002 | 14,905 | 35,114 | |
440/4 |
24,459 | 49,002 | 14,905 | 35,114 | |
45 |
12,532 | 20,862 | 34,609 | 21,723 | |
450/3 |
12,532 | 20,862 | 34,609 | 21,723 | |
47/48 |
153 | 14,818 | 342 | 5,135 | |
492/3 |
90,003 | 15,003 | 15,406 | - | |
| Income statement | |||||
9900 |
-51,424 | -38,891 | 68,099 | 38,982 | |
62 |
- | - | - | 3,503 | |
630 |
604 | 953 | 953 | 1,461 | |
640/8 |
197 | 1,158 | 3,084 | 1,522 | |
9901 |
-52,225 | -41,002 | 64,062 | 32,496 | |
75/76B |
3 | - | 57 | 83 | |
75 |
3 | - | 57 | 83 | |
65/66B |
21,900 | 431 | 584 | 103 | |
65 |
1,150 | 431 | 584 | 103 | |
66B |
20,750 | - | - | - | |
9903 |
-74,122 | -41,433 | 63,535 | 32,477 | |
67/77 |
- | - | 13,361 | 7,501 | |
9904 |
-74,122 | -41,433 | 50,174 | 24,976 | |
9905 |
-74,122 | -41,433 | 50,174 | 24,976 | |
| Appropriation of the result | |||||
9906 |
-40,405 | 33,717 | 75,150 | 24,976 | |
14P |
33,717 | 75,150 | 24,976 | - | |
| Document | |||||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 08-10-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank2024 annual accounts filed 69 days after the deadline. Filed on 8 October 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00535683.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| -51,621 | -40,049 | 65,015 | 33,957 | ||
| -73,518 | -40,480 | 51,127 | 26,437 | ||
| 20,000 | 0 | 750 | 6,694 | ||
| - | -300 | -6,142 | - | ||
| 53,669 | 51,437 | 110,993 | 43,948 | ||
| -33.4% | 28.0% | 48.8% | 27.0% | ||
| 2.05 | 1.61 | 3.23 | 1.71 | ||
| - | 2.57 | 1.05 | 2.71 | ||
| - | -107.0% | 62.6% | 83.3% | ||
| -70.0% | -29.9% | 30.6% | 22.5% | ||
| -44.90 | -92.85 | over 100 | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Financial fixed assets | €20,000 | - | €750 |
| €604 | €953 | €953 |
Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)
Insights on CORNAX
The operating result for 2024 is a loss of €52,225, larger than the loss of €41,002 in 2023. It is the lowest result since 2021.
Equity is negative. Debt (€141,255) exceeds the balance-sheet total (€105,855).
Board & ownership
Curators
the curators have managed the company since 23-10-2025Last board
1 director, no change since 2022Director (not named in the articles), permanent representative BROECKX Nicholas
current term since 17-11-2020
term without a fixed end
listed in the 2024 annual accounts, filed on 08-10-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Iedere bestuurder kan bijzondere machten toekennen aan elke mandataris. Alle akten die de vennootschap verbinden, in en buiten rechte, zijn…”deed of 25-05-2020
Permanent representatives 1
Mandates through the years
5 names, the dashed line is todayConstantia et labore
Director (not named in the articles)
Director (not named in the articles)
GDCreationsBV
Director
Director
LOAD-IT
Director (not named in the articles)
Director (not named in the articles)
GDCREATIONS
Director (not named in the articles)
Director (not named in the articles)
vAN PUIJENBROEK,John
Director (not named in the articles)
Director (not named in the articles)
BoardEarliermandate already running before its first mentionend not datedBankruptcy 23-10-2025
Mandates as a list
- Constantia et labore
- Director (not named in the articles), appointed by deed of 27-11-2020, until the bankruptcy of 23-10-2025
- GDCreationsBV
- Director, until 23-08-2022
- LOAD-IT
- Director (not named in the articles), appointed by deed of 27-11-2020, until 13-10-2021
- Director (not named in the articles), appointed by deed of 27-11-2020, no longer listed in the 2024 annual accounts
- GDCREATIONS
- Director (not named in the articles), appointed by deed of 27-11-2020, no longer listed in the 2024 annual accounts
- vAN PUIJENBROEK,John
- Director (not named in the articles), appointed by deed of 25-05-2020, until 10-11-2020
Control
Capital
- Contribution
- €5,005
- Shares
- 5,005
- Contribution per share
- €1
- Equity per share
- -€7.07 in 2024
- Source
- deed of 25-05-2020
Articles of association
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 25-05-2020 (in Dutch)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 17:00deed of 27-11-2020 (in Dutch)
Shareholders
At incorporation
deed of 25-05-2020 ↗
- VAN PUIJENBROEK, John 5,005 shares (100%) · €5,005
Network & group
At the same address
Klaverbladstraat 13B, 3560 Lummen · 1 other company| ENBICOR
registered office since 29-09-2022 |
founded in 2022 0791.588.096 |
Earlier ties
| JVP Capital via vAN PUIJENBROEK,John, at CORNAX until 2020 · Director · deed of 25-01-2024 founded in 2024 |
total assets €66,854 (2025) |
Holdings and subsidiaries
1 holdingHoldings 1
- Sourcedeed 03-10-2022share not stated
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
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Timeline
Timeline
15 events since 2020Board
Filings
Financial
Establishments
Insolvency
Address
Other
2020202220242026
2025
Bankruptcy published Enterprise Court of Antwerp, Hasselt division · judgment of 23-10-2025
Annual accounts 2024 filed PDFabbreviated format · 69 days late
Annual accounts 2023 filed PDFabbreviated format · 240 days late
2024
Weakest financial year net -€74,122 The net result drops to -€74,122, the lowest from 2021 to 2024.
2023
Registered office moved from Schilde to LummenNew registered office: Klaverbladstraat 13B, 3560 Lummen · Previous registered office: Wijnegemsteenweg 83 bus 2, 2970 Schilde · Board meeting of 25-05-20232 points ▸
- Board meeting, 25-05-2023
- Registered-office move, Klaverbladstraat 13B, 3560 Lummen
Annual accounts 2022 filed PDFabbreviated format · 156 days before the deadline
2022
Highest result from 2021 to 2024 net €50,174 ▲101% The operating result of €64,062 and the net result of €50,174 are both a record.
Power of attorney: Dirk SERESIAGeneral meeting of 26-09-20222 points ▸
- General meeting, 26-09-2022
- Power of attorney, Dirk SERESIA
- The deed holds 1 more point.
Resignation: GDCreationsBV (director)Director discharge: GDCreationsBV · General meeting of 30-06-20223 points ▸
- General meeting, 30-06-2022
- Director resignation, GDCreationsBV
- Director discharge, GDCreationsBV
Annual accounts 2021 filed PDFmicro format · 122 days before the deadline
2021
Resignation: Load-It BV (director)Director discharge: Load-It BV · General meeting of 27-07-20213 points ▸
- General meeting, 27-07-2021
- Director resignation, Load-It BV
- Director discharge, Load-It BV
Registered office moved from Nijlen to SchildeNew registered office: Wijnegemsteenweg 83/2, 2970 Schilde · Previous registered office: Berlaarsesteenweg 2 bus Q, 2560 Nijlen · Permanent representatives: Dieter Vemimmen, Nicholas Broeckx and Geert Deceunynck · Board meeting of 17-12-20205 points ▸
- Board meeting, 17-12-2020
- Registered-office move, Wijnegemsteenweg 83/2, 2970 Schilde
- Permanent representative, Dieter Vemimmen
- Permanent representative, Nicholas Broeckx
- Permanent representative, Geert Deceunynck
2020
Company renamed from Cleaners & Co to CornaxRegistered office moved from Arendonk to Kessel · New registered office: Berlaarsesteenweg 2 Q, 2560 Kessel (Nijlen) · Previous registered office: De Zeshonderd 1, 2370 Arendonk · General meeting of 17-11-202012 points ▸
- General meeting, 17-11-2020
- Director resignation, VAN PUIJENBROEK John (director (not named in the articles))
- Director discharge, VAN PUIJENBROEK John (director (not named in the articles))
- Director appointment, Load-IT (director (not named in the articles))
- Director appointment, Constantia et labore (director (not named in the articles))
- Director appointment, GDCREATIONS (director (not named in the articles))
- Permanent representative, VERNIMMEN Dieter
- Permanent representative, BROECKX Nicholas
- Permanent representative, DECEUNYNCK Geert
- Name change, Cornax
- Registered-office move, Berlaarsesteenweg 2 Q, 2560 Kessel (Nijlen)
- Amendment of the articles, article 12
- The deed holds 8 more points.
IncorporationFounding capital of €5,005, 5,005 shares · Founder: VAN PUIJENBROEK, John · Appointment: VAN PUIJENBROEK, John (director) · published on 25-05-20203 points ▸
- Founder, VAN PUIJENBROEK, John
- Founding capital, €5,005, 5,005 shares
- Director appointment, VAN PUIJENBROEK, John (director (not named in the articles))
- The deed holds 1 more point.
First establishment Cleaners & Co
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 20 May 2020, CORNAX was incorporated as a private limited company by one natural person, with a starting capital of €5,005.12 Since 2020 the company has been called Cornax.3 The registered office moved to Kessel in 2020, to Schilde in 2021 and to Lummen in 2023.345 Total assets went from €111,154 in 2021 to €105,855 in 2024.6 The company was declared bankrupt on 23 October 2025.7
Company details
Identity
- Enterprise number
- 0747.511.197
- VAT number
- BE 0747.511.197
- Legal form
- Private limited company
- Status
- In bankruptcy, since 23-10-2025
- Founded
- 20-05-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 17:00deed of 27-11-2020 (in Dutch)
- Peppol
- Not found in the Peppol Directory
- Name
- CORNAX in Dutch
- Former name
- Cleaners & Co until the deed of 27-11-2020
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 25-05-2020 (in Dutch)
Activities
NACEBEL 202546190
Agents in non-specialised wholesale trade main activity
Codes under NACEBEL 2008
46190
Wholesale trade main activity
46900
Non-specialised wholesale trade
47990
Retail trade
78100
Employment placement agencies
81210
General cleaning of buildings
81220
Other building cleaning and industrial cleaning
81290
Services to buildings and landscape activities
82300
Organisation of conventions and trade shows
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verrichten van personeelsselectie en recruteringsopdrachten; Het recruteren en selecteren van personeel op het gebied van information…”deed of 27-11-2020 (in Dutch)
11 activities
- Het verrichten van personeelsselectie en recruteringsopdrachten.
- Het recruteren en selecteren van personeel op het gebied van information technology, sales, verzekeringen, accountancy, finance, engineering, pharmaceuticals of andere specialisatiedomeinen, met inbegrip van het recruteren en selecteren van kandidaten om die voor te stellen aan klanten van de vennootschap om een duurzame dan wel tijdelijke (contractueel vastgestelde) tewerkstelling bij die klanten tot stand te brengen; alle administratie met betrekking tot het voorgaande, of alle mogelijke daarmee verband houdende, bijkomende of andere werkzaamheden die door de vennootschap, de uiteindelijke holdingvennootschap of de rechtstreekse moedervennootschap passend zouden worden bevonden.
- Elke activiteit als manager of consultant, rechtstreeks of onrechtstreeks in verband met studie en advies in alle vormen op vlak van sales, human resources en information technology – alsook alle activiteiten in verband met studie, begeleiding, promotie en alle rechtstreekse of onrechtstreekse toepassingen ervan.
- Het organiseren en verzorgen van allerlei activiteiten of evenementen die deze werking mogelijk maken, door onder andere het organiseren van cocktails, recepties, lunches, gastronomische showcooking. Deze opsomming is niet limitatief.
- Het verwerven, beheren en handelen voor eigen rekening of voor rekening van derden, als tussenpersoon in allerlei investeringsgoederen, zowel roerende als onroerende, alsmede het uitvoeren van alle verrichtingen, die hiermede verband houden zoals alle roerende en onroerende verhandelingen die kunnen bijdragen tot de verwezenlijking van deze doelstelling.
- De vennootschap mag daarenboven belangen nemen hetzij door deelneming, inbreng of elke andere wijze in alle vennootschappen, ondernemingen of groeperingen, bestaande of op te richten, zowel in België als in het buitenland die een aanvullend of soortgelijke voorwerp nastreven, of die van aard zijn de ontwikkeling van haar onderneming te bevorderen. Ze kan participeren in of een fusie aangaan met andere vennootschappen of ondernemingen die kunnen bijdragen tot haar ontwikkeling of deze in de hand werken.
- Zij kan optreden als bestuurder, volmachtdrager, mandataris of vereffenaar in andere vennootschappen.
- Zij kan zich borg stellen voor derden, bestuurders en aandeelhouders.
- Zij kan hun eveneens leningen, voorschotten en kredieten toestaan behoudens de wettelijke beperkingen terzake.
- De vennootschap kan in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten in rechtsreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken.
- Zij mag alle roerende en onroerende goederen als investering verwerven, zelfs als deze noch rechtstreeks noch onrechtstreeks verband houden met het voorwerp van de vennootschap. De activiteiten welke voorafgaandelijk een vergunning en/of erkenning nodig hebben, zullen slechts uitgeoefend worden voor zover die vergunningen en erkenningen behaald worden of worden uitbesteed in onderaanneming.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Klaverbladstraat 13B registered office 3560 Lummen | ||
| Cleaners & Co 81210 General cleaning of buildings | 20-05-2020 | 2.302.488.703 |
3 former offices
- Wijnegemsteenweg 83 bus 2, 2970 Schilde until 26-05-2023 · deed of 19-09-2023
- Berlaarsesteenweg 2 bus Q, 2560 Nijlen until the deed of 05-02-2021
- De Zeshonderd 1, 2370 Arendonk until 17-11-2020 · deed of 27-11-2020
Buildings and parcels at the addresses
- Ground area
- 4.3 ha
- Buildings
- 1,942 m²
- Volume, LiDAR
- 10,724 m³
- Tallest building
- 6.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13322D0070/00S000 | 4.0 ha | - | - |
| 71037A2182/00V000 | 3,579 m² | 1 · 1,941 m² | 6.9 m · 2 |