CORNET

Active

Public limited companyfounded 198838 yrs activeRue Reine Astrid(AUL) 1, 7040 Quévy, BelgiumKBO/BCE: BE 0433.833.785

Summary

CORNET has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144,715 and a net result of €3,800. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 86% of 8593 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch Report Compare

CORNETActiveChecked score 96/100

Risk analysis Report Compare

Activity

Painting of buildings

NACE 43341NACE 45441

#2 oldest company in Quévy, Construction sector1 site

Size

€186,115total assets 2025

Equity: €144,715
Profit: €3,800

Financial health

96 Excellent Checked score 2025

Bankruptcy chance 12 m: < 0.1%

Structure

Accounts filed 18 d late0 of 2 deeds read

Why 96- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 6.63, cash €76,675+ Equity €144,715 (77.8% of total assets)+ Founded in 1988Show the evidence

Checked score

Score 2025

96 / 100

Excellent

Probability in this band: under 0.55%

Better than 67% of its sector peers (NACE 43, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 77.8% of total assets

Liquidity 100+2

short-term debt 10.4% · cash 41.2%

Profitability 71-5

return on assets 2.0%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,004 companies)

Last 11 months 12-2025: < 0.1%lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: < 0.1%▲ +2.5% vs 03-2026 05-2026: < 0.1%▲ +2.4% vs 04-2026 06-2026: < 0.1%▼ -2.4% vs 05-2026 07-2026: < 0.1%▲ +7.3% vs 06-2026 08-2026: 0.1%▲ +65.9% vs 07-2026highest value 09-2026: < 0.1%▼ -39.7% vs 08-2026 10-2026: < 0.1%● 0.0% vs 09-2026

Liquidity: current ratio 6.63, cash €76,675 lowers the probability
Sector Specialised construction activities (NACE 43) raises the probability
Equity €144,715 (77.8% of total assets) lowers the probability
Founded in 1988 lowers the probability for this profile

Credit up to €13,000 at 30 days acceptable

Liquidity ample (current ratio 6.63 against 6.24 in 2024; short-term debt: 10.4% and cash: 41.2% of total assets), and 22.2% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 96%, profitability 41%, growth against the median 42%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Liquidity: current ratio 6.63, cash €76,675

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Sector Specialised construction activities (NACE 43)

In the bankruptcy model this factor raises the probability.

KBO

Equity €144,715 (77.8% of total assets)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Founded in 1988

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

18 d late

2024

8 d early

2023

12 d late

2022

9 d late

2021

32 d early

2020

5 d early

2019

108 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 9 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

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

18-08-26 Annual accounts filedfiscal year 2025 · abbreviated…
23-07-25 Annual accounts filedfiscal year 2024 · full…
31-12-24 Back to profitnet €9,734

Key points

Positive: Oldest company in Quévy, Construction sectorin the Checked rankings #2 View
Active since 1988founded 01-04-1988 38 years View
Total assets 20256 fiscal years filed €186,115 View