CORNELIS
ActiveSummary
CORNELIS has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.43M and a net result of €-195k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 92% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability13▼-57
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 10.48 against 6.71 in 2024; short-term debt: 6.5% and cash: 1.3% of total assets), and 6.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.4%
Return on assets
-5.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
29 d late
2023
148 d late
2022
273 d late
2021
89 d late
2020
92 d late
2019
145 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3.43M▼ 5.4%
2024 · €3.62M
Total assets
€3.67M▼ 8.3%
2024 · €4.00M
Net result
€-195k
2024 · €50k
Working capital
€2.25M▲ 5.2%
2024 · €2.14M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€35k▲ 15.3%€17k▼ 50.6%€26k▲ 49.9%€15k▼ 43.7%€28k▲ 86.8%
Net result€65k▲ 12.6%€52k▼ 20.2%€59k▲ 14.2%€50k▼ 14.6%€-195k
Equity€3.46M▲ 1.9%€3.51M▲ 1.5%€3.57M▲ 1.7%€3.62M▲ 1.4%€3.43M▼ 5.4%
Total assets€3.91M▲ 1.5%€3.97M▲ 1.8%€3.86M▼ 3.0%€4.00M▲ 3.7%€3.67M▼ 8.3%
Debt€444k▼ 1.5%€462k▲ 4.0%€285k▼ 38.3%€378k▲ 32.8%€241k▼ 36.3%
Working capital€1.99M▲ 3.3%€2.00M▲ 0.5%€2.07M▲ 3.7%€2.14M▲ 3.1%€2.25M▲ 5.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 87% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.67M
Fixed assets
€1.18M ▼ 20.5%
Current assets
€2.49M ▼ 1.1%
Equity and liabilities €3.67M
Equity
€3.43M ▼ 5.4%
Debt
€241k ▼ 36.3%
Debt's share of the balance-sheet total falls from 9.5% to 6.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€42k▲
2024 · €29k
Cash flow
€-181k▼
2024 · €65k
Current ratio
10.48▲
2024 · 6.71
Debt to equity
0.07▼
2024 · 0.10
ROE
-5.7%▼
2024 · 1.4%
ROA
-5.3%▼
2024 · 1.3%
Interest coverage
0.14▼
2024 · 436.89
Debt ≤ 1 year
€237k▼
2024 · €375k
Income taxes
€1k▼
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €465 | €14k | €14k | €15k | €14k | ▼ 2.4% |
| Other operating charges640/8 | €512 | €179 | €109 | €118 | €2k | ▲ 1,177% |
| Gross operating margin9900 | €36k | €32k | €41k | €30k | €43k | ▲ 46.8% |
| Operating profit (loss)9901 | €35k | €17k | €26k | €15k | €28k | ▲ 86.8% |
| Financial income75/76B | €53k | €53k | €53k | €55k | €70k | ▲ 27.2% |
| Recurring financial income75 | €53k | €53k | €53k | €55k | €70k | ▲ 27.2% |
| Financial charges65/66B | €204 | €156 | €220 | €67 | €291k | ▲ 432,297% |
| Recurring financial charges65 | €204 | €156 | €220 | €67 | €291k | ▲ 432,297% |
| Non-recurring financial charges66B | €204 | €156 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €88k | €70k | €79k | €70k | €-194k | ▼ 377% |
| Income taxes67/77 | €23k | €18k | €20k | €19k | €1k | ▼ 92.9% |
| Profit (loss) for the period9904 | €65k | €52k | €59k | €50k | €-195k | ▼ 487% |
| Profit (loss) for the period to be appropriated9905 | €65k | €52k | €59k | €50k | €-195k | ▼ 487% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.91M | €3.97M | €3.86M | €4.00M | €3.67M | ▼ 8.3% |
| Fixed assets21/28 | €1.47M | €1.52M | €1.50M | €1.49M | €1.18M | ▼ 20.5% |
| Tangible fixed assets22/27 | €1k | €42k | €28k | €15k | €646 | ▼ 95.7% |
| Plant, machinery and equipment23 | €1k | €930 | €930 | €1k | €646 | ▼ 45.3% |
| Furniture and vehicles24 | - | €41k | €27k | €14k | - | - |
| Financial fixed assets28 | €1.47M | €1.47M | €1.47M | €1.47M | €1.18M | ▼ 19.8% |
| Current assets29/58 | €2.43M | €2.46M | €2.36M | €2.51M | €2.49M | ▼ 1.1% |
| Amounts receivable after more than one year29 | €2.05M | €2.05M | €2.07M | €2.23M | €2.16M | ▼ 3.4% |
| Other amounts receivable291 | €2.05M | €2.05M | €2.07M | €2.23M | €2.16M | ▼ 3.4% |
| Amounts receivable within one year40/41 | €353k | €401k | €250k | €237k | €248k | ▲ 4.5% |
| Trade receivables40 | €307k | €349k | €235k | €232k | €228k | ▼ 1.4% |
| Other amounts receivable41 | €46k | €52k | €16k | €6k | €20k | ▲ 241% |
| Cash at bank and in hand54/58 | €26k | €6k | €8k | €10k | €49k | ▲ 384% |
| Deferred charges and accrued income490/1 | - | - | €31k | €31k | €31k | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.91M | €3.97M | €3.86M | €4.00M | €3.67M | ▼ 8.3% |
| Equity10/15 | €3.46M | €3.51M | €3.57M | €3.62M | €3.43M | ▼ 5.4% |
| Contributions10/11 | €1.05M | €1.05M | €1.05M | €1.05M | €1.05M | = |
| Reserves13 | €2.10M | €2.10M | €2.10M | €2.10M | €2.10M | = |
| Non-distributable reserves130/1 | €105k | €105k | €105k | €105k | €105k | = |
| Reserves not available under the articles1311 | €105k | €105k | €105k | €105k | €105k | = |
| Distributable reserves133 | €2.00M | €2.00M | €2.00M | €2.00M | €2.00M | = |
| Profit (loss) carried forward14 | €311k | €363k | €422k | €472k | €277k | ▼ 41.3% |
| Amounts payable17/49 | €444k | €462k | €285k | €378k | €241k | ▼ 36.3% |
| Amounts payable within one year42/48 | €440k | €458k | €281k | €375k | €237k | ▼ 36.7% |
| Trade debts44 | €675 | €5k | - | €2k | €19k | ▲ 658% |
| Suppliers440/4 | €675 | €5k | - | €2k | €19k | ▲ 658% |
| Taxes, remuneration and social security45 | €25k | €1k | €5k | €21k | €2k | ▼ 91.2% |
| Taxes450/3 | €25k | €1k | €5k | €21k | €2k | ▼ 91.2% |
| Other amounts payable47/48 | €414k | €452k | €277k | €351k | €217k | ▼ 38.3% |
| Accrued charges and deferred income492/3 | €4k | €4k | €4k | €4k | €4k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €65k | €52k | €59k | €50k | €-195k | ▼ 487% |
| + Depreciation and write-downs630 | €465 | €14k | €14k | €15k | €14k | ▼ 2.4% |
| Operating cash flow (approximation) | €65k | €66k | €73k | €65k | €-181k | ▼ 378% |
| Investment in fixed assets (approximation) | - | €-55k | €0 | €-2k | €291k | ▲ 18,255% |
| Change in cash | - | €-20k | €1k | €3k | €39k | ▲ 1,433% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Weakest financial yearnet €-195k
Net result drops to €-195k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
26-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 148 days late
29-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 273 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 145 days late
2019
31-12
Financial
Back to profitnet €75k
Net result €75k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 72 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 1997
Ground area
5,135 m²
Building footprint
571 m²
Volume, LiDAR
3,491 m³
Parcel 11322E0066/00L002, Flanders · tallest building 18.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
CORNELIS NV
since 19972.080.511.923
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0066/00L002 | Flanders | 5,135 m² | 1 · 571 m² | 18.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 14,569 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded23-01-1997
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.