CORNELIS KIP
ActiveCORNELIS KIP has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €469k and a net result of €425k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 57% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency69▼-31
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 3.95 in 2024; short-term debt: 56.1% and cash: 27.5% of total assets), and 56.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
43.9%
Return on assets
39.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
24 d early
2024
34 d early
2023
33 d early
2022
34 d early
2021
27 d early
2020
11 d early
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€469k▼ 38.9%
2024 · €768k
2020: €220k
2021: €504k
2022: €759k
2023: €1.12M
2024: €768k
2020 → 2025
Total assets
€1.07M▲ 11.0%
2024 · €962k
2020: €692k
2021: €890k
2022: €1.09M
2023: €1.42M
2024: €962k
2020 → 2025
Net result
€425k▲ 8.1%
2024 · €393k
2020: €200k
2021: €283k
2022: €255k
2023: €366k
2024: €393k
2020 → 2025
Working capital
€174k▼ 65.7%
2024 · €506k
2020: €-6k
2021: €224k
2022: €440k
2023: €810k
2024: €506k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€504k-€759k▲ 50.6%€1.12M▲ 48.3%€768k▼ 31.8%€469k▼ 38.9%
Operating result€374k-€328k▼ 12.2%€471k▲ 43.5%€507k▲ 7.7%€565k▲ 11.4%
Net result€283k-€255k▼ 10.1%€366k▲ 43.8%€393k▲ 7.2%€425k▲ 8.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 11% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.07M
Fixed assets
€295k▲ 3.8%
Current assets
€773k▲ 14.0%
Equity and liabilities €1.07M
Equity
€469k▼ 38.9%
Debt
€599k▲ 208%
The debt ratio rises from 20.2% to 56.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€639k▲
2024 · €614k
Cash flow
€498k▼
2024 · €499k
Solvency
43.9%▼
2024 · 79.8%
Current ratio
1.29▼
2024 · 3.95
Quick ratio
1.21▼
2024 · 3.66
Debt / equity
1.28▲
2024 · 0.25
ROE
90.5%▲
2024 · 51.2%
ROA
39.8%▼
2024 · 40.8%
Interest coverage
1259.48▲
2024 · 678.10
Debt
€599k▲
2024 · €194k
Debt ≤ 1 year
€599k▲
2024 · €172k
Income taxes
€142k▲
2024 · €125k
Staff costs
€387k▲
2024 · €343k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€962k€1.07M▲
Fixed assets21/28€285k€295k▲
Intangible fixed assets21€946-
Tangible fixed assets22/27€284k€295k▲
Plant, machinery and equipment23€93k€133k▲
Furniture and vehicles24€191k€162k▼
Current assets29/58€677k€773k▲
Stocks and contracts in progress3€50k€45k▼
Stocks30/36€50k€45k▼
Amounts receivable within one year40/41€46k€50k▲
Trade receivables40€26k€30k▲
Other amounts receivable41€20k€20k=
Current investments50/53€297k€354k▲
Cash at bank and in hand54/58€258k€293k▲
Deferred charges and accrued income490/1€26k€30k▲
Equity and liabilities
Total equity and liabilities10/49€962k€1.07M▲
Equity10/15€768k€469k▼
Contributions10/11€20k€20k=
Reserves13€748k€449k▼
Distributable reserves133€748k€449k▼
Amounts payable17/49€194k€599k▲
Amounts payable after more than one year17€23k-
Financial debts170/4€23k-
Amounts payable within one year42/48€172k€599k▲
Current portion of amounts payable after more than one year42€34k€23k▼
Trade debts44€7k€21k▲
Suppliers440/4€7k€21k▲
Taxes, remuneration and social security45€91k€90k▼
Taxes450/3€7k€30k▲
Remuneration and social security454/9€84k€60k▼
Other amounts payable47/48€40k€465k▲
Income statement
Code20242025
Remuneration, social security and pensions62€343k€387k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€73k▼
Other operating charges640/8€695€22k▲
Gross operating margin9900€958k€1.05M▲
Operating profit (loss)9901€507k€565k▲
Financial income75/76B€11k€2k▼
Recurring financial income75€11k€2k▼
Financial charges65/66B€905€507▼
Recurring financial charges65€905€507▼
Profit (loss) for the period before taxes9903€518k€567k▲
Income taxes67/77€125k€142k▲
Profit (loss) for the period9904€393k€425k▲
Profit (loss) for the period to be appropriated9905€393k€425k▲
Appropriation of the result
Profit (loss) to be appropriated9906€393k€425k▲
Transfer from equity791/2€750k€723k▼
Transfer to equity691/2€393k€425k▲
To other reserves6921€393k€425k▲
Profit to be distributed694/7€750k€723k▼
Return on contributions (dividend)694€750k€723k▼
Social balance
Average headcount (FTE)90878.610.6▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2020net €425k ▲8.1%
Operating result €565k, net result €425k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1MEq €1.12M ▲48.3%
4 profitable years in a row build equity to €1.12M.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500kEq €504k ▲129%
2 profitable years in a row build equity to €504k.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Tessenderlo-Ham · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Broekstraat 303945 Tessenderlo-HamGround area
7,367 m²
Building footprint
760 m²
Volume, LiDAR
3,599 m³
Parcel 71033A0156/00E000, Flanders · tallest building 13.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CORNELIS KIP
since 20202.297.551.304
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71033A0156/00E000 | Flanders | 7,367 m² | 1 · 760 m² | 13.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTessenderlo-Ham2.297.551.304
Similar companies · same sector, comparable size
HELO
BE 0884.333.558
Antwerpen · Eq €472k
BCTV
BE 0841.086.802
Villers-la-Ville · Eq €466k
NurEcem
BE 0830.502.914
Antwerpen · Eq €479k
SLAGERIJ MYLLE
BE 0687.667.840
Kortrijk · Eq €489k
SRS GROUP
BE 0688.986.248
Middelkerke · Eq €449k
Of 270 companies in sector 47222 we hold annual accounts for 134. 78 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-01-2020
Fiscal year end31-12
Activities, NACEBEL
47210Retail sale of fruit and vegetables
47222Retail trade
47810Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.