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CORNEL AUTOMOBILES

Active
Private limited companyfounded 2022active for 4 yearsWaterloose Steenweg 200, 1640 Sint-Genesius-Rode, Belgium423 active companies are registered at this addressKBO/BCE: BE 0780.347.083
Summary

The computed 12-month bankruptcy probability of CORNEL AUTOMOBILES is 2.4% (moderate). The 2025 annual accounts show equity of €24,472 and a net result of €24,906. Equity is growing by about 243% per year across the filed financial years. Its solvency ranks better than 31% of 22,576 sector peers (NACE 47, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€203,756total assets 2025
Equity
€24,472
Profit
€24,906
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.4%
Structure
2025 accounts filed 31 days late1 of 2 deeds summarised
Why 53raises riskFounded in 2022Last filed accounts filed 31 days late; 1 of the last 3 lateSector: Retail trade (NACE 47)Equity €24,472 (12.0% of total assets)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 47% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Weak
Solvency 37+13
equity 12.0% of total assets
Liquidity 14+8
short-term debt 88.0% · cash 10.6%
Profitability 68+16
return on assets 12.2%
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,242 companies, NACE 47, micro)
Last 24 months 11-2024: 6.7% 12-2024: 7.5%▲ +0.8 percentage points vs 11-2024 01-2025: 9.0%▲ +1.5 percentage points vs 12-2024 02-2025: 9.0%● unchanged vs 01-2025 03-2025: 9.3%▲ +0.3 percentage points vs 02-2025highest value 04-2025: 8.6%▼ -0.7 percentage points vs 03-2025 05-2025: 8.6%● unchanged vs 04-2025 06-2025: 8.5%▼ -0.1 percentage points vs 05-2025 07-2025: 8.5%● unchanged vs 06-2025 08-2025: 3.3%▼ -5.2 percentage points vs 07-2025 09-2025: 2.8%▼ -0.5 percentage points vs 08-2025 10-2025: 2.8%● unchanged vs 09-2025 11-2025: 2.8%● unchanged vs 10-2025 12-2025: 2.1%▼ -0.7 percentage points vs 11-2025 01-2026: 1.9%▼ -0.2 percentage points vs 12-2025lowest value 02-2026: 1.9%● unchanged vs 01-2026lowest value 03-2026: 1.9%● unchanged vs 02-2026lowest value 04-2026: 2.0%▲ +0.1 percentage points vs 03-2026 05-2026: 2.2%▲ +0.2 percentage points vs 04-2026 06-2026: 2.2%● unchanged vs 05-2026 07-2026: 2.3%▲ +0.1 percentage points vs 06-2026 08-2026: 3.0%▲ +0.7 percentage points vs 07-2026 09-2026: 2.4%▼ -0.6 percentage points vs 08-2026 10-2026: 2.4%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.14, compared with 0.99 in 2024, below the usual 1.5; short-term debt: 88% and cash: 10.6% of total assets), and 88% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 28% on solvency, 14% on liquidity, 48% on profitability and 99% on growth.

The bankruptcy probability was computed on 25-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises risk
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Equity €24,472 (12.0% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
31 days late
2024
17 days early
2022
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 1 day before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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 14 July (3 of the last 3 filed years within 48 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2022 to 2025net €24,906 ▲403%
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Total assets 20253 financial years filed €203,756 View
  • Active since 2022founded 12-01-2022 4 years View

By topic

Financials

Financial year
2025
Total assets
€203,756
Profit
€24,906
Solvency
12.0%
Total assets▲ 146%
Net result
20222025
Go to Financials

Timeline

Events
6
Since
2023
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 23-11-2023Registered office · Resignations & appointments
  3. 13-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
12-01-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about CORNEL AUTOMOBILES

What is the company number of CORNEL AUTOMOBILES?
0780.347.083. In Belgium the VAT number is the company number with BE in front: BE 0780.347.083.
Where is CORNEL AUTOMOBILES based?
The registered office is at Waterloose Steenweg 200, 1640 Sint-Genesius-Rode.Company details
What does CORNEL AUTOMOBILES do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of CORNEL AUTOMOBILES?
Private limited company (BV).
When was CORNEL AUTOMOBILES founded?
On 12-01-2022.
Is CORNEL AUTOMOBILES still active?
Yes, CORNEL AUTOMOBILES is an active enterprise in the KBO register.
What is the turnover of CORNEL AUTOMOBILES?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is CORNEL AUTOMOBILES profitable?
In financial year 2025, CORNEL AUTOMOBILES made a profit of €24,906.
Where can I find the annual accounts of CORNEL AUTOMOBILES?
CORNEL AUTOMOBILES filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CORNEL AUTOMOBILES due?
By 31-07-2027, for financial year 2026.Timeline

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