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CORNERSTONES DEVELOPMENT

In bankruptcy Private limited companyfounded 2007Prins Boudewijnlaan 24C, 2550 KontichKBO/BCE: BE 0890.422.485 subsidiary of
CORNERSTONES DEVELOPMENT
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Timeline

47 events since 2007
2026
Bankruptcy published Enterprise Court of Antwerp, Antwerp division · judgment of 19-02-2026
2025
Annual accounts 2024 filed PDFabbreviated format · 49 days late
2024
Back to profit net €6,652 The net result is €6,652, after 3 loss-making years.
Annual accounts 2023 filed PDFabbreviated format · 68 days late
2023
Listed in the Peppol Directory
3 companies at this address later R-VARING, Beehive Spaces and Honeycomb · since 2022
Annual accounts 2022 filed PDFabbreviated format · 52 days late
Registered office moved within KontichNew registered office: Prins Boudewijnlaan 24C bus 2, 2550 Kontich · Previous registered office: Prins Boudewijniaan 30, 2550 Kontich · Permanent representative: 2 points ▸
  • Registered-office move, Prins Boudewijnlaan 24C bus 2, 2550 Kontich
  • Permanent representative,
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFabbreviated format · 4 days late
Resignation: (director)Permanent representative: · Legal-form conversion: from cooperative company to private limited company · Director discharge: · General meeting of 22-12-20216 points ▸
  • General meeting, 22-12-2021
  • Legal-form conversion, from cooperative company to private limited company
  • Director resignation,
  • Permanent representative,
  • Director discharge,
  • Registered office clause, Prins Boudewijnlaan 30, 2550 Kontich
  • The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

2021
Liquidity more than 31 times current ratio 27.71 The current ratio rises from 0.89 to 27.71. Short-term debt falls from €5.0m to €181,999.
Annual accounts 2020 filed PDFabbreviated format · 86 days late
2020
Back to profit net €2.8m The net result is €2.8m, after one loss-making year.
Annual accounts 2019 filed PDFabbreviated format · 101 days late
Plan homologation Enterprise Court of Antwerp · judgment of 15-05-2020
Environmental permit granted OmgevingsloketHet reliëf van de bodem aanmerkelijk wijzigen, Verbouwen / Wijzigen Infrastructuur · Gent
Filing of a new plan authorised Enterprise Court of Antwerp, Antwerp division · collective agreement · judgment of 27-03-2020
2019
Weakest financial year net -€4.7m The net result drops to -€4.7m, the lowest from 2008 to 2024.
Judicial reorganisation opened Enterprise Court of Antwerp · collective agreement · judgment of 20-12-2019
Resignation: (managing director)Board meeting of 19-08-20192 points ▸
  • Board meeting, 19-08-2019
  • Director resignation, (managing director)

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFabbreviated format · 2 days before the deadline
Environmental permit granted OmgevingsloketNieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Bornem
Environmental permit granted OmgevingsloketBouwen of herbouwen · Bornem
Environmental permit granted OmgevingsloketSlopen van niet vrijstaande gebouwen of constructies · Bornem
Appointment: (verslag inbreng in natura)Capital from €68,500 to €108,778, 294 new shares · Capital after the increase: €108,778 · Capital after the increase: €1,268,500 · General meeting of 21-12-20186 points ▸
  • General meeting, 21-12-2018
  • Amendment of the articles, article 4, mentioned twice in the deed
  • Capital increase, €40,278, mentioned twice in the deed
  • Capital increase, €1,159,722, mentioned twice in the deed
  • Power of attorney,
  • Auditor appointment, (verslag inbreng in natura)
  • The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

2018
Equity above €1m equity €1.9m ▲178% After 5 profitable years in a row, equity reaches €1.9m.
Environmental permit granted OmgevingsloketBouwen of herbouwen · Sint-Katelijne-Waver
Annual accounts 2017 filed PDFabbreviated format · 33 days before the deadline
2017
1 director appointed, 1 resignationResignation: · Appointment: · Permanent representatives: and · General meeting of 20-06-20175 points ▸
  • General meeting, 20-06-2017
  • Director resignation,
  • Director appointment,
  • Permanent representative,
  • Permanent representative,
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2016
Annual accounts 2016 filed PDFabbreviated format · 96 days before the deadline
Annual accounts 2015 filed PDFabbreviated format · 31 days late
Demerger: Development splits off to Capital decrease of €63,495.76 to €634,743.24 · Capital from €698,239 to €634,743.24 · General meeting of 30-06-20163 points ▸
  • General meeting, 30-06-2016
  • Capital decrease, €63,495.76
  • Capital, €634,743.24, 1,621 shares
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Demerger proposal: Development splits off to Transfer of 598 shares from to · Transfer of 149 shares from to · Permanent representative: 40 points ▸
  • Board composition, (director)
  • Board composition, (director)
  • Board composition, (director)
  • Permanent representative,
  • Incorporation, 15-04-1991
  • Capital, €18,600, 750 shares
  • holds 600 shares (80%)
  • holds 150 shares (20%)
  • Share transfer, , 598 shares
  • Share transfer, , 149 shares
  • holds 747 shares (99.6%)
  • holds 2 shares (0.27%)
  • holds 1 share (0.13%)
  • Capital decrease, €3,262.01
  • Capital, €7,015,883.69, 282,900 shares
  • holds 282,897 shares (100%), mentioned twice in the deed
  • holds 2 shares, mentioned 3 times in the deed
  • holds 1 share, mentioned 3 times in the deed
  • Legal-form conversion, from private limited company (pre-2019) to coöperatieve vennootschap met beperkte aansprakelijkheid
  • Kind of shares, 750, 282,150
  • holds 747 shares
  • holds 282,150 shares
  • Board composition, (manager)
  • Board composition, (manager)
  • holds 130 shares (0.05%)
  • holds 514 shares (0.18%)
  • holds 282,897 shares (99.7%)
  • holds 209 shares (0.07%)
  • Accounting effect, 01-01-2016
  • Incorporation, 26-06-2007
  • Capital, €766,739
  • holds 372 shares (17.54%)
  • holds 1,488 shares (70.16%)
  • holds 174 shares (8.2%)
  • holds 87 shares (4.1%)
  • holds 107 shares (5.04%)
  • holds 425 shares (20.04%)
  • holds 1,415 shares (66.71%)
  • holds 1,415 shares (66.71%)
  • The company holds 99.8% of the shares of
  • The deed holds 35 more points.

Open the deed in the Belgian Official Gazette

2015
Annual accounts 2014 filed PDFabbreviated format · 39 days late
2014
Liquidity more than doubled current ratio 2.40 The current ratio rises from 0.91 to 2.40. Short-term debt falls from €782,391 to €416,567.
Equity above €500,000 equity €715,747 After 2 profitable years in a row, equity reaches €715,747.
Annual accounts 2013 filed PDFabbreviated format · 29 days late
2013
Back to profit net €543 The net result is €543, after one loss-making year.
Annual accounts 2012 filed PDFabbreviated format · 30 days late
2012
Annual accounts 2011 filed PDFabbreviated format · on the deadline day
2011
Back to profit net €8,102 The net result is €8,102, after one loss-making year.
Annual accounts 2010 filed PDFabbreviated format · 92 days late
2010
Annual accounts 2009 filed PDFabbreviated format · 59 days late
2009
Back to profit net €51,903 The net result is €51,903, after one loss-making year.
Annual accounts 2008 filed PDFabbreviated format · 17 days before the deadline
2007
First establishment Prins Boudewijnlaan 24C, Kontich
Incorporation PDF16 publications in the Belgian Official Gazette, the last on 25-02-2026 · published on 09-07-2007

Financial milestones sit on the financial year-end date, not the filing date.

All 16 environmental permit applications

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 28 June 2007, DEVELOPMENT was incorporated.1 A capital increase in 2019 brought the capital to €1.3m.2 In 2023 the registered office moved to Kontich.3 Total assets went from €8.4m in 2018 to €662,738 in 2024 and headcount from 4.5 to 0.8 full-time equivalents.4 The company was declared bankrupt on 19 February 2026.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-02-2019
  3. 3Belgian Official Gazette, 07-04-2023
  4. 4National Bank, annual accounts 2018 and 2024
  5. 5Belgian Official Gazette, 25-02-2026

Next steps

See who ran this company and where its registered office was, on a date of your choice.Company as of a date See where the procedure stands, who runs it and what to do with an unpaid invoice from this company.Creditor guide

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