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Cornelis Perimeter Solutions

Active Private limited companyfounded 1988active for 38 yearsPreflexbaan 450, 1740 TernatKBO/BCE: BE 0435.509.214 subsidiary of CNVH#6 company by staff growth in Ternat

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1989
peak €1.3m (2025)
€1.3m▲ 48.2%
lowest -€16,210 (2011)
€233,303▲ 85.8%
peak €941,437 (2025)
€941,437▲ 13.0%
€1.1m▲ 16.7%
peak 15.8 FTE (2018)
13.2 FTE▲ 61.0%
Board3 names since 2020
2 directorsCNVH and 1 other
Owners
  
Documentsfilings and deeds
08-06-202653 days before the deadline
2025abbreviated format
Gross margin from €864,057 to €1.3mResult from €125,572 to €233,303Staff from 8.2 FTE to 13.2 FTEDividend €75,000Equity from €833,134 to €941,437Debts from €966,704 to €1.1m

Key points

from the 2025 annual accounts

Equity

€941,437 ▲ 13.0%

Cornelis Perimeter Solutions has made a profit without a break since 2012.

Turnover

≈ €3.6m estimated

The abbreviated format states no turnover.

Staff

13 employees on 31-12-2025
442021142022332023422025

In 2025, 4 people joined and 2 left.

Filings

37 annual accounts since 1989
AprilJune31 JulyOctober1990200020102020

Six of the last ten came late. The 2024 accounts came latest: 42 days after the end of the period.

Position in the sector

€233,303

Higher net result than 89% of companies in specialised construction. Sector median €26,646 · 9,965 companies.

Checked score

95
Excellent
Financially stronger than 68% of small companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 2,647 companies (NACE 43, small).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.9%▲ +0.2 percentage points vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 1.5%▲ +0.6 percentage points vs 07-2025 09-2025: 1.9%▲ +0.4 percentage points vs 08-2025 10-2025: 3.1%▲ +1.2 percentage points vs 09-2025 11-2025: 3.1%● unchanged vs 10-2025highest value 12-2025: 2.1%▼ -1.0 percentage point vs 11-2025 01-2026: 0.3%▼ -1.8 percentage points vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

70-1equity 45.5% of total assets
55+14short-term debt 52.8% · cash 25.2%
83+16return on assets 11.3%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 1.63, cash €522,115
Founded in 1988
Calculation

The band follows from the bankruptcy probability. 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 43, small). It does better than 61% of them on solvency, 68% on liquidity, 78% on profitability and 67% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as Cornelis Perimeter Solutions has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Cornelis Perimeter Solutions itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 20,137 companies, not a prediction for Cornelis Perimeter Solutions. 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

Credit of up to €85,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.63 (1.59 in 2024), above the usual 1.5. Short-term debt is 52.8% and cash 25.2% of total assets. However, 54.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.63, cash €522,115
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
42 days late
2023
27 days early
2022
25 days early
2021
11 days late
2020
3 days late
2019
13 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 6 July (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

C
Director, Nele Cornelis
NV
Director
  • CNVH 100%score 93equity €461,852 (2025) · 2025 annual accounts of CNVH
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0435509214
Merger: Cornelis Fencing takes over In-Out Solutions Company renamed from Cornelis Fencing to Cornelis Perimeter Solutions · Appointment: Nils VAN HOEYDONCK (director) · “De in-en uitvoer,leveren en plaatsen,onderhoud en reparatie,van allerhande producten en materialen die dienst…” (deed in Dutch) · General meeting of 29-11-2024 · Gazette deed
Merger proposal: CORNELIS FENCING takes over In-Out Solutions Appointment: CNVH (sole director) · Permanent representatives: Nele Comelis and Nils Van Hoeydonck · “De in- en uitvoer, leveren en plaatsen, onderhoud en reparatie, van allerhande producten en materialen die…” (deed in Dutch) · Gazette deed
Change of role: CNVH, from manager to director Permanent representative: Nele Cornelis · Director discharge: CNVH · Registered office clause: Preflexbaan 450, 1740 Ternat · General meeting of 23-11-2023 · Gazette deed
All 51 events

Comparable companies

same main activity, similar in size and age
Company
Cornelis Perimeter Solutions Ternat €2.1m €1.3m 45.5% 13.2
D.G. DECOUPES Mettet €2.2m €1.3m 58.0% 14.6
VERSTRAETE Beernem €2.2m €1.2m 85.1% 15.7
Bart VAN MILEGHEM Asse €1.9m €1.3m 60.1% 14.4
DIACRON Roosdaal €2.1m €1.8m 57.9% 15.7
EMMERS ALGEMENE ONDERNEMINGEN Hamont-Achel €1.9m €1.4m 79.5% 16.6
INTER-LOODS Wijnegem €2.4m €1.0m 57.6% 11.8

These companies have the same main activity as Cornelis Perimeter Solutions: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €1.9m and €2.4m, founded between 1983 and 1997.

Official details

Source: KBO
Status
Active since 19-10-1988Normal situation
Activity
Other specialised construction activitiesNACE 43990and 1 other
Establishment unit
2.040.816.5531740 Ternat, since 10-11-1988
Financial year end
31 December
Peppol
Reachable since 12-12-2025
Company details

Annual accounts 2025

€2.1m▲ 15.0%
Employeeson 31-12-2025
13
Filing
Filed on 08-06-2026, 53 days before the end of the filing period
Financials

Insights on Cornelis Perimeter Solutions

Cornelis Perimeter Solutions files the abbreviated format. That format states no turnover. The gross margin rose from €539,161 in 2006 to €1.3m in 2025.

The balance sheet grew most in 2009 through fixed assets, financed with long-term debt.

CNVH holds all the shares.

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 Cornelis Perimeter Solutions

What is the company number of Cornelis Perimeter Solutions?
The company number of Cornelis Perimeter Solutions is 0435.509.214. The VAT number is the same number with BE in front: BE 0435.509.214.
Where is Cornelis Perimeter Solutions based?
The registered office is at Preflexbaan 450, 1740 Ternat.Company details
What does Cornelis Perimeter Solutions do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of Cornelis Perimeter Solutions?
Cornelis Perimeter Solutions is a private limited company (BV).
When was Cornelis Perimeter Solutions founded?
Cornelis Perimeter Solutions was founded on 19-10-1988.
Is Cornelis Perimeter Solutions still active?
Yes, Cornelis Perimeter Solutions is an active enterprise in the KBO register.
How many employees does Cornelis Perimeter Solutions have?
Cornelis Perimeter Solutions had an average of 13.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Cornelis Perimeter Solutions?
The turnover in financial year 2025 is ≈ €3.6m. This figure is estimated from the gross margin of €1.3m and 67 comparable companies (NACE 43). It probably lies between €2.8m and €4.8m. In financial year 2024 turnover was €4.9m.
Is Cornelis Perimeter Solutions profitable?
In financial year 2025, Cornelis Perimeter Solutions made a profit of €233,303.
Where can I find the annual accounts of Cornelis Perimeter Solutions?
Cornelis Perimeter Solutions filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Cornelis Perimeter Solutions due?
Cornelis Perimeter Solutions must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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