Cornerstone
The computed 12-month bankruptcy probability of Cornerstone is 1.4% (low). The 2024 annual accounts show equity of €227k and a net result of €40k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 462 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €227k |
| Net result | €40k |
| Better than sector | 76% |
| Active | 4 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 37.1% | 7.9% | |
| Net result | €40k | €-3k | |
| Equity | €227k | €13k | |
| Gross operating margin | €84k | €18k | |
| Total assets | €611k | €275k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €82k |
| Net profit | €40k |
| Cash flow | €61k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €611k |
| Equity | €227k |
| Debt | €385k |
| of which ≤ 1y | €40k |
| of which > 1y | €345k |
| Working capital | €89k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 3.26 |
| Quick ratio | 3.26 |
| Working capital ratio | 14.6% |
| Solvency | 37.1% |
| Debt / equity | 1.70 |
| Long-term debt ratio | 1.52 |
| Interest coverage | 3.97 |
| Gross margin | - |
| Net margin | - |
| ROA | 6.6% |
| ROE | 17.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €611k |
| Fixed assets | 21/28 | €479k |
| Formation expenses | 20 | €3k |
| Tangible fixed assets | 22/27 | €429k |
| Financial fixed assets | 28 | €50k |
| Current assets | 29/58 | €129k |
| Amounts receivable within one year | 40/41 | €111k |
| Cash & bank | 54/58 | €18k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €611k |
| Equity | 10/15 | €227k |
| Contributions / capital | 10/11 | €200k |
| Accumulated profits (losses) | 14 | €27k |
| Amounts payable | 17/49 | €385k |
| Amounts payable after one year | 17 | €345k |
| Amounts payable within one year | 42/48 | €40k |
| Trade debts payable within one year | 44 | €954 |
| Income statement | ||
| Gross operating margin | 9900 | €84k |
| Operating result | 9901 | €61k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €21k |
| Result before taxes | 9903 | €40k |
| Net result for the period | 9904 | €40k |
| Result to be appropriated | 9905 | €40k |
| NACE primary | Accommodation(55100) |
| Legal form | Private limited company(610) |
| Incorporation | 02-12-2021 |
| Status | Active |
| Postal code | 8620 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402D0063/00_000 | Flanders | 588 m² | 1 · 651 m² | 19.4 m · 5 fl. |
| 38402D0062/00_000 | Flanders | 571 m² | 1 · 283 m² | 20.9 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-12-2023 Registered office moved to Nieuwpoort
- 8620 Nieuwpoort, Franslaan 13C/501
Technical details
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"events": [
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"seat_type": "siege_social",
"new_address": {
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"city": "Nieuwpoort",
"region": "vlaams_gewest",
"street": "Franslaan",
"country": "BE",
"postcode": "8620",
"box_number": "501",
"street_number": "13",
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},
"old_address": null,
"effective_date": "2023-11-10",
"evidence_quote": "Uit de notulen blijkt de beslissing van de bijzondere algemene vergadering tot verplaatsing van de zetel van de vennootschap naar 8620 Nieuwpoort, Franslaan 13C/501 met ingang van 10/11/2023.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
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}
],
"notary": {
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},
"act_meta": {
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"pub_date": "2023-12-28",
"filing_date": "2023-12-18",
"act_kind_objet": "Zetelverplaatsing"
},
"decision": {
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"date": "2023-11-10",
"unanimous": null
},
"subject_company": {
"kbo": "0777.988.203",
"name_full": "Cornerstone",
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"publication_proxy": {
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"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [
"Annexes.du Moniteur belge"
]
}05-09-2022 2 directors appointed, 1 resigning
- Dries De Jonckheere, Bestuurder
- Koen De Jonckheere, Vast vertegenwoordigd
- Dries De Jonckheere, Bestuurder
Technical details
{
"events": [
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},
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"effective_date": "2022-03-31",
"evidence_quote": "De aanvaarding van ontslag als bestuurder, met ingang van 31/03/2022, door de algemene vergadering van de heer Dries De Jonckheere",
"decharge_status": null,
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},
{
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},
"reason": null,
"subkind": "regular",
"via_org": {
"kbo": "0783.798.404",
"name": "Loze Visser BV",
"address": "Loze Vissertjespad 7, 8670 Oostduinkerke",
"country": "BE",
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},
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"compensated": null,
"effective_date": "2022-03-31",
"evidence_quote": "De aanvaarding van benoeming tot bestuurder, met ingang van 31/03/2022, door de algemene vergadering van de vennootschap Loze Visser BV",
"decharge_status": null,
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{
"kind": "decharge_granted",
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},
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"decharge_status": "granted",
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{
"kind": "director_in",
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"via_org": {
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"name": "Anko BV",
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},
"statutory": null,
"compensated": null,
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"evidence_quote": "Anko BV vast vertegenwoordigd door de heer Koen De Jonckheere",
"decharge_status": null,
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
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"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2022-09-05",
"filing_date": "2022-08-26",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-03-31",
"unanimous": null
},
{
"body": "algemene_vergadering",
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}
],
"is_correction": false,
"subject_company": {
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"legal_form": "BV"
},
"publication_proxy": {
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"org_name": "Anko BV",
"person_name": null,
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Cornerstone |