Skip to content

CORNER IMMO

Active
Public limited companyfounded 200521 yrs activeBolwerklaan 21, 1210 Sint-Joost-ten-Node, BelgiumKBO/BCE: BE 0874.757.480
Summary

CORNER IMMO has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.8m and a net result of -€553,564. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 64% of 4834 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability16▼-1
Solvency73▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300,000 at 30 days acceptable
Liquidity ample (current ratio 6.14 against 4.38 in 2023; short-term debt: 2.8% and cash: 13.4% of total assets), but 52.4% of the assets are financed with debt.
Credit check for your own amount and term

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

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
47.6%
Return on assets
-5.4%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€553,564
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
28 d late
2023
23 d early
2022
25 d early
2021
26 d early
2020
25 d early
2019
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 29 June 2005, CORNER IMMO was incorporated.1 A capital increase in 2026 brought the capital to EUR 14 million.2 Total assets went from EUR 16 million in 2018 to EUR 10 million in 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 22-06-2026
  3. 3National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€553,564▲ 0.3%
2023 · -€555,452
Working capital
€1.4m▼ 10.4%
2023 · €1.6m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€522,336-€593,764▼ 13.7%-€464,546▲ 21.8%-€367,927▲ 20.8%-€398,002▼ 8.2%
Net result-€760,206below the sector's middle half-€806,748below the sector's middle half▼ 6.1%-€693,967below the sector's middle half▲ 14.0%-€555,452below the sector's middle half▲ 20.0%-€553,564below the sector's middle half▲ 0.3%
Equity€2.4mabove the sector's middle half▼ 23.7%€2.6mabove the sector's middle half▲ 7.9%€5.9mabove the sector's middle half▲ 125%€5.4mabove the sector's middle half▼ 9.3%€4.8mabove the sector's middle half▼ 10.3%
Total assets€11.9mabove the sector's middle half▼ 27.2%€10.3mabove the sector's middle half▼ 13.5%€14.0mabove the sector's middle half▲ 36.0%€10.9mabove the sector's middle half▼ 21.8%€10.2mabove the sector's middle half▼ 6.9%
Debt€9.4m▼ 28.0%€7.6m▼ 19.1%€8.0m▲ 5.1%€5.5m▼ 31.1%€5.3m▼ 3.6%
Working capital-€3.8mbelow the sector's middle half-€36,025within the sector's middle half▲ 99.1%€650,568within the sector's middle half€1.6mabove the sector's middle half▲ 148%€1.4mabove the sector's middle half▼ 10.4%
Solvency20.6%within the sector's middle half▲ 0.9pp25.7%within the sector's middle half▲ 5.1pp42.6%within the sector's middle half▲ 16.9pp49.4%within the sector's middle half▲ 6.8pp47.6%within the sector's middle half▼ 1.8pp
Current ratio0.31below the sector's middle half▼ 12.590.94within the sector's middle half▲ 0.631.16within the sector's middle half▲ 0.224.38above the sector's middle half▲ 3.216.14above the sector's middle half▲ 1.76
Return on assets (ROA)-6.4%below the sector's middle half▼ 6.5pp-7.9%below the sector's middle half▼ 1.5pp-5.0%below the sector's middle half▲ 2.9pp-5.1%below the sector's middle half▼ 0.1pp-5.4%below the sector's middle half▼ 0.4pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€1.0m-€750,000-€500,000-€250,000€0Operating result 2020: -€522,336-€522,336Net result 2020: -€760,206-€760,206Operating result 2021: -€593,764-€593,764Net result 2021: -€806,748-€806,748Operating result 2022: -€464,546-€464,546Net result 2022: -€693,967-€693,967Operating result 2023: -€367,927-€367,927Net result 2023: -€555,452-€555,452Operating result 2024: -€398,002-€398,002Net result 2024: -€553,564-€553,56420202021202220232024-€800,000-€600,000-€400,000-€200,000€0Operating result 2022: -€464,546-€465,000Net result 2022: -€693,967-€694,000Operating result 2023: -€367,927-€368,000Net result 2023: -€555,452-€555,000Operating result 2024: -€398,002-€398,000Net result 2024: -€553,564-€554,000202220232024
The operating result stays negative: a loss of €398,002 in 2024 against €367,927 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10.2m
Fixed assets €8.4m ▼ 4.4%
Current assets €1.7m ▼ 17.4%
Equity and liabilities €10.2m
Equity €4.8m ▼ 10.3%
Debt €5.3m ▼ 3.6%
Debt's share of the balance-sheet total rises from 50.6% to 52.4%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€81,073▼
2023 · €104,146
Cash flow
-€74,489▲
2023 · -€83,378
Debt to equity
1.10▲
2023 · 1.02
ROE
-11.4%▼
2023 · -10.3%
Interest coverage
0.52▼
2023 · 0.56
Debt ≤ 1 year
€280,879▼
2023 · €477,055
Debt > 1 year
€5.0m=
2023 · €5.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 823 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
2.9% stopped otherwise
96% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 823 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€10.9m€10.2m▼
Fixed assets21/28€8.8m€8.4m▼
Tangible fixed assets22/27€8.8m€8.4m▼
Land and buildings22€8.8m€8.4m▼
Current assets29/58€2.1m€1.7m▼
Amounts receivable within one year40/41€122,303€349,129▲
Trade receivables40€94,730€321,555▲
Other amounts receivable41€27,574€27,574=
Cash at bank and in hand54/58€1.9m€1.4m▼
Deferred charges and accrued income490/1€35,487€11,564▼
Equity and liabilities
Total equity and liabilities10/49€10.9m€10.2m▼
Equity10/15€5.4m€4.8m▼
Contributions10/11€10.0m€10.0m=
Capital10€10.0m€10.0m=
Issued capital100€10.0m€10.0m=
Profit (loss) carried forward14-€4.6m-€5.1m▼
Amounts payable17/49€5.5m€5.3m▼
Amounts payable after more than one year17€5.0m€5.0m=
Financial debts170/4€5.0m€5.0m=
Amounts payable within one year42/48€477,055€280,879▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€192,394€257,067▲
Suppliers440/4€192,394€257,067▲
Advances received on contracts in progress46€5,282€5,282=
Taxes, remuneration and social security45€279,379€18,530▼
Taxes450/3€279,379€18,530▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€0-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€472,074€479,075▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€326,829€327,638▲
Gross operating margin9900€430,975€408,711▼
Operating profit (loss)9901-€367,927-€398,002▼
Financial charges65/66B€187,524€155,561▼
Recurring financial charges65€187,524€155,561▼
Profit (loss) for the period before taxes9903-€555,452-€553,564▲
Profit (loss) for the period9904-€555,452-€553,564▲
Profit (loss) for the period to be appropriated9905-€555,452-€553,564▲
Appropriation of the result
Profit (loss) to be appropriated9906-€4.6m-€5.1m▼
Profit (loss) brought forward from the previous period14P-€4.0m-€4.6m▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€467,466€467,466€470,155€472,074€479,075▲ 1.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5,943-€207,413€0--
Other operating charges640/8-€289,464€454,394€326,829€327,638▲ 0.2%
Gross operating margin9900€422,736€169,108€252,590€430,975€408,711▼ 5.2%
Operating profit (loss)9901-€522,336-€593,764-€464,546-€367,927-€398,002▼ 8.2%
Financial charges65/66B-€212,984€229,421€187,524€155,561▼ 17.0%
Recurring financial charges65€237,871€212,984€229,421€187,524€155,561▼ 17.0%
Profit (loss) for the period before taxes9903-€760,206-€806,748-€693,967-€555,452-€553,564▲ 0.3%
Profit (loss) for the period9904-€760,206-€806,748-€693,967-€555,452-€553,564▲ 0.3%
Profit (loss) for the period to be appropriated9905-€760,206-€806,748-€693,967-€555,452-€553,564▲ 0.3%
Line20202021202220232024Change
Assets
Total assets20/58€11.9m€10.3m€14.0m€10.9m€10.2m▼ 6.9%
Fixed assets21/28€10.2m€9.7m€9.3m€8.8m€8.4m▼ 4.4%
Tangible fixed assets22/27€10.2m€9.7m€9.3m€8.8m€8.4m▼ 4.4%
Land and buildings22-€9.7m€9.3m€8.8m€8.4m▼ 4.4%
Current assets29/58€1.7m€539,171€4.7m€2.1m€1.7m▼ 17.4%
Amounts receivable within one year40/41€106,592€109,050€162,222€122,303€349,129▲ 185%
Trade receivables40-€109,050€162,222€94,730€321,555▲ 239%
Other amounts receivable41---€27,574€27,574=
Cash at bank and in hand54/58€1.5m€296,593€4.4m€1.9m€1.4m▼ 29.4%
Deferred charges and accrued income490/1-€133,527€78,461€35,487€11,564▼ 67.4%
Equity and liabilities
Total equity and liabilities10/49€11.9m€10.3m€14.0m€10.9m€10.2m▼ 6.9%
Equity10/15€2.4m€2.6m€5.9m€5.4m€4.8m▼ 10.3%
Contributions10/11€5.0m€6.0m€10.0m€10.0m€10.0m=
Capital10-€6.0m€10.0m€10.0m€10.0m=
Issued capital100-€6.0m€10.0m€10.0m€10.0m=
Profit (loss) carried forward14-€2.5m-€3.3m-€4.0m-€4.6m-€5.1m▼ 12.1%
Amounts payable17/49€9.4m€7.6m€8.0m€5.5m€5.3m▼ 3.6%
Amounts payable after more than one year17€3.8m€7.0m€3.8m€5.0m€5.0m=
Financial debts170/4-€7.0m€3.8m€5.0m€5.0m=
Amounts payable within one year42/48€5.5m€575,196€4.0m€477,055€280,879▼ 41.1%
Current portion of amounts payable after more than one year42-€0€3.7m€0--
Trade debts44€212,223€266,155€263,483€192,394€257,067▲ 33.6%
Suppliers440/4-€266,155€263,483€192,394€257,067▲ 33.6%
Advances received on contracts in progress46-€5,282€5,282€5,282€5,282=
Taxes, remuneration and social security45-€272,591€7,892€279,379€18,530▼ 93.4%
Taxes450/3-€272,591€7,892€279,379€18,530▼ 93.4%
Other amounts payable47/48-€31,168€30,585€0--
Accrued charges and deferred income492/3-€0€156,485€0--
Line20202021202220232024Change
Profit (loss) for the period9904-€760,206-€806,748-€693,967-€555,452-€553,564▲ 0.3%
+ Depreciation and write-downs630€467,466€467,466€470,155€472,074€479,075▲ 1.5%
Operating cash flow (approximation)-€292,741-€339,282-€223,812-€83,378-€74,489▲ 10.7%
Investment in fixed assets (approximation)-€0-€46,080€0-€93,402-
Change in cash--€1.2m€4.1m-€2.5m-€566,970▲ 77.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
22-06
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital contribution · Power of attorney8 facts ▸
  • General meeting, 20-05-2026
  • Capital increase, €4.000.000
  • Other statement, souscription et libération de l’augmentation de capital, DEUXIÈME RÉSOLUTION
  • Capital contribution
  • Other statement, constatation de la réalisation de l'augmentation du capital, TROISIÈME RÉSOLUTION
  • Statutes amendment, 5
  • Power of attorney
  • Power of attorney
2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
08-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Liquidity quadruplescurrent ratio 4.38
Current ratio from 1.16 to 4.38; short-term debt falls from €4.0m to €477,055.
06-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Equity above €5mEq €5.9m ▲125%
Equity rises from €2.6m to €5.9m.
05-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Weakest financial yearnet -€806,748
Net result drops to -€806,748, the lowest in the series; recovery starts the following year.
06-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
29-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Back to profitnet €20,990
Net result €20,990 after one loss-making year.
22-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 22 days late
Show earlier events
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
24-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 24 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 23 acts read
About the unread acts

Of the 23 Belgian State Gazette acts we know for this company, 1 has been read. The other 22 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
23 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Joost-ten-Node · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
7,591 m²
Building footprint
6,964 m²
Volume, LiDAR
397,635 m³
Parcel 21014A0008/00Z010, Brussels · tallest building 112.9 m, ±22 floors. Linked by address, not a title deed.
148 companies at this address See who is registered here
1 establishment unit
CORNER IMMO SA
Bolwerklaan 21, 1210 Sint-Joost-ten-NodeNACE 70111
since 20052.147.832.693
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21014A0008/00Z010 Brussels 7,591 m² 1 · 6,964 m² 112.8 m · 22 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.

Structure & network

Connections & network

No current directors or connected companies found in the register.

Capital and shareholders

Capital over the years
  1. 22-06-2026 Capital increase of 4,000,000 EUR · to 13,969,586.30 EUR · in cash

Similar companies · same sector, comparable size

Of 11,757 companies in sector 68310 we hold annual accounts for 6,914. 1,682 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded29-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0874757480
Also 9925:BE0874757480
Registered 09-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.