Summary
CORNET is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €169,539 and a net result of €31,181. Equity has been growing by about 33% per year since 2022. Its solvency ranks better than 44% of 321 sector peers (NACE 64, financial year 2026). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-05-2021 Normal situation
- Activity
- Activities of holding companies NACE 64210
- Establishment unit
- 2.319.441.729 2880 Bornem, since 27-05-2021
- Financial year end
- 31 March
- Peppol
- Reachable since 24-11-2023
Board and ownership
Board
- Cornet VincentDirector · since 27-05-2021
- Holdings
- Shares in 1 company C.A.P.T.
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts to 31-03-2026
- Profit
- €31,181
- ▼ 9.5%
- Equity
- €169,539
- ▲ 22.5%
- Total assets
- €316,561
- ▲ 12.5%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 25-09-2026, 36 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2026
36 days early
2025
39 days early
2024
31 days early
2023
29 days early
2022
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 34 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 27 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-03-2027 year end31-10-2027 deadline
Financials
Financials · financial year 2026, abbreviated format
Annual accounts 2026 filed on 25-09-2026 at the NBB all 5 filings
Equity
€169,539▲ 22.5%
2025 · €138,358
Net result
€31,181▼ 9.5%
2025 · €34,463
Total assets
€316,561▲ 12.5%
2025 · €281,413
Solvency
53.6%▲ 4.4pp
2025 · 49.2%
Multi-year overview
2022 to 2026, 5 financial yearsOperating result
€61,382
▲ 18.2%
2026
20222026
Net result
€31,181
▼ 9.5%
2026
20222026
Equity
€169,539
▲ 22.5%
2026
20222026
Total assets
€316,561
▲ 12.5%
2026
20222026
Debt
€147,022
▲ 2.8%
2026
20222026
Working capital
-€11,088
▲ 21.1%
2026
20222026
Solvency
53.6%
▲ 4.4pp
2026
20222026
Current ratio
0.86
▲ 0.06
2026
20222026
Return on assets (ROA)
9.8%
▼ 2.4pp
2026
20222026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20222023202420252026
Operating result€48,743-€47,834▼ 1.9%€38,343▼ 19.8%€51,932▲ 35.4%€61,382▲ 18.2%
Net result€37,460within the sector's middle half-€36,261within the sector's middle half▼ 3.2%€25,174within the sector's middle half▼ 30.6%€34,463within the sector's middle half▲ 36.9%€31,181▼ 9.5%
Equity€42,460within the sector's middle half-€78,721within the sector's middle half▲ 85.4%€103,895below the sector's middle half▲ 32.0%€138,358below the sector's middle half▲ 33.2%€169,539▲ 22.5%
Total assets€65,557below the sector's middle half-€100,072below the sector's middle half▲ 52.6%€304,492below the sector's middle half▲ 204%€281,413below the sector's middle half▼ 7.6%€316,561▲ 12.5%
Debt€23,096-€21,351▼ 7.6%€200,597▲ 840%€143,055▼ 28.7%€147,022▲ 2.8%
Working capital€39,055within the sector's middle half-€67,884within the sector's middle half▲ 73.8%€31,120within the sector's middle half▼ 54.2%-€14,048within the sector's middle half-€11,088▲ 21.1%
Solvency64.8%within the sector's middle half-78.7%above the sector's middle half▲ 13.9pp34.1%within the sector's middle half▼ 44.5pp49.2%within the sector's middle half▲ 15.0pp53.6%▲ 4.4pp
Current ratio2.69within the sector's middle half-4.18above the sector's middle half▲ 1.491.64within the sector's middle half▼ 2.540.80within the sector's middle half▼ 0.840.86▲ 0.06
Return on assets (ROA)57.1%above the sector's middle half-36.2%above the sector's middle half▼ 20.9pp8.3%within the sector's middle half▼ 28.0pp12.2%above the sector's middle half▲ 4.0pp9.8%▼ 2.4pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2026 is 18% higher than in 2025 and the highest since 2022. It is the second rise in a row, after the fall in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €316,561
Fixed assets
€247,437 ▲ 9.9%
Current assets
€69,125 ▲ 22.7%
Equity and liabilities €316,561
Equity
€169,539 ▲ 22.5%
Debt
€147,022 ▲ 2.8%
Debt's share of the balance-sheet total falls from 50.8% to 46.4%. Equity and debt are higher.
Key figures and ratios
ROE
18.4%▼
2025 · 24.9%
Debt ≤ 1 year
€80,212▲
2025 · €70,362
Debt > 1 year
€64,041▼
2025 · €70,000
Income taxes
€12,814▼
2025 · €14,523
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,350 | €9,133 | €2,800 | €15,036 | €25,091 |
| Financial fixed assets | €250 | - | €215,541 | - | - |
| Depreciation and write-downs of the year | €195 | €1,702 | €4,723 | €4,392 | €2,753 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €195 | €1,702 | €4,723 | €4,392 | €2,753 | ▼ 37.3% |
| Other operating charges640/8 | €1,035 | €913 | €919 | €720 | €1,078 | ▲ 49.8% |
| Gross operating margin9900 | €49,973 | €50,449 | €43,985 | €57,044 | €65,213 | ▲ 14.3% |
| Operating profit (loss)9901 | €48,743 | €47,834 | €38,343 | €51,932 | €61,382 | ▲ 18.2% |
| Financial charges65/66B | €425 | €372 | €1,758 | €2,946 | €17,386 | ▲ 490% |
| Recurring financial charges65 | €425 | €372 | €1,758 | €2,946 | €17,386 | ▲ 490% |
| Profit (loss) for the period before taxes9903 | €48,318 | €47,462 | €36,585 | €48,986 | €43,996 | ▼ 10.2% |
| Income taxes67/77 | €10,858 | €11,202 | €11,411 | €14,523 | €12,814 | ▼ 11.8% |
| Profit (loss) for the period9904 | €37,460 | €36,261 | €25,174 | €34,463 | €31,181 | ▼ 9.5% |
| Profit (loss) for the period to be appropriated9905 | €37,460 | €36,261 | €25,174 | €34,463 | €31,181 | ▼ 9.5% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €65,557 | €100,072 | €304,492 | €281,413 | €316,561 | ▲ 12.5% |
| Fixed assets21/28 | €3,405 | €10,837 | €224,455 | €225,099 | €247,437 | ▲ 9.9% |
| Tangible fixed assets22/27 | €3,155 | €10,587 | €8,664 | €19,308 | €41,646 | ▲ 116% |
| Land and buildings22 | - | - | - | €15,036 | €35,929 | ▲ 139% |
| Furniture and vehicles24 | €3,155 | €10,587 | €8,664 | €4,272 | €5,717 | ▲ 33.8% |
| Financial fixed assets28 | €250 | €250 | €215,791 | €205,791 | €205,791 | = |
| Current assets29/58 | €62,151 | €89,235 | €80,037 | €56,314 | €69,125 | ▲ 22.7% |
| Amounts receivable within one year40/41 | €8 | €10,908 | €11,093 | €12,120 | €11,223 | ▼ 7.4% |
| Trade receivables40 | - | €10,890 | €10,890 | €12,100 | €10,000 | ▼ 17.4% |
| Other amounts receivable41 | €8 | €18 | €203 | €20 | €1,223 | ▲ 60× |
| Cash at bank and in hand54/58 | €61,402 | €76,455 | €67,307 | €42,413 | €55,913 | ▲ 31.8% |
| Deferred charges and accrued income490/1 | €741 | €1,872 | €1,638 | €1,781 | €1,989 | ▲ 11.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €65,557 | €100,072 | €304,492 | €281,413 | €316,561 | ▲ 12.5% |
| Equity10/15 | €42,460 | €78,721 | €103,895 | €138,358 | €169,539 | ▲ 22.5% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €37,460 | €73,721 | €98,895 | €133,358 | €164,539 | ▲ 23.4% |
| Distributable reserves133 | €37,460 | €73,721 | €98,895 | €133,358 | €164,539 | ▲ 23.4% |
| Amounts payable17/49 | €23,096 | €21,351 | €200,597 | €143,055 | €147,022 | ▲ 2.8% |
| Amounts payable after more than one year17 | - | - | €150,000 | €70,000 | €64,041 | ▼ 8.5% |
| Financial debts170/4 | - | - | €150,000 | €70,000 | €64,041 | ▼ 8.5% |
| Amounts payable within one year42/48 | €23,096 | €21,351 | €48,917 | €70,362 | €80,212 | ▲ 14.0% |
| Trade debts44 | €92 | €665 | €2,052 | €44 | €11,632 | ▲ 264× |
| Suppliers440/4 | €92 | €665 | €2,052 | €44 | €11,632 | ▲ 264× |
| Taxes, remuneration and social security45 | €21,735 | €19,423 | €20,271 | €5,261 | €11,024 | ▲ 110% |
| Taxes450/3 | €21,735 | €19,423 | €20,271 | €5,261 | €7,507 | ▲ 42.7% |
| Remuneration and social security454/9 | - | - | - | - | €3,517 | - |
| Other amounts payable47/48 | €1,269 | €1,263 | €26,595 | €65,057 | €57,556 | ▼ 11.5% |
| Accrued charges and deferred income492/3 | - | - | €1,680 | €2,693 | €2,769 | ▲ 2.8% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,460 | €36,261 | €25,174 | €34,463 | €31,181 | ▼ 9.5% |
| + Depreciation and write-downs630 | €195 | €1,702 | €4,723 | €4,392 | €2,753 | ▼ 37.3% |
| Operating cash flow (approximation) | €37,655 | €37,963 | €29,897 | €38,856 | €33,934 | ▼ 12.7% |
| Investment in fixed assets (approximation) | - | -€9,133 | -€218,341 | -€5,036 | -€25,091 | ▼ 398% |
| Change in cash | - | €15,053 | -€9,148 | -€24,894 | €13,500 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | abbreviated format | 25-09-2026 | 2026-00542393 | |
| 31-03-2025 | abbreviated format | 22-09-2025 | 2025-00499241 | |
| 31-03-2024 | abbreviated format | 30-09-2024 | 2024-00488898 | |
| 31-03-2023 | micro format | 02-10-2023 | 2023-00471655 | |
| 31-03-2022 | micro format | 27-09-2022 | 2022-20443146 |
Board & ownership
Directors
Directors
1 director
Cornet Vincent
Current
Owners and capital
Owners
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 31-03-2026Equity €993,699 Profit of €35,001 in 2025 (profit of €38,900 in 2024) Checked score 9524.24%
Board mandates elsewhere
1 board mandateBoard mandates of CORNETCORNET sits on their board1
3 locations
Connections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2027 accounts:
2026
25-09
abbreviated format · 36 days before the deadline
31-03
Financial
Equity above €150,000equity €169,539 ▲22.5%
With a profit in every financial year since 2022, equity grows to €169,539.
2025
22-09
abbreviated format · 39 days before the deadline
2024
30-09
abbreviated format · 31 days before the deadline
31-03
Financial
Weakest financial yearnet €25,174 ▼30.6%
The net result drops to €25,174, the lowest from 2022 to 2026. It recovers the following year.
31-03
Financial
Equity above €100,000equity €103,895 ▲32%
With a profit in every financial year since 2022, equity grows to €103,895.
2023
02-10
micro format · 29 days before the deadline
2022
2021
31-05
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
CORNET in Dutch
Enterprise number
0768.823.087
Legal form
Private limited company
Status
Active, normale toestand
Founded
27-05-2021
Entity type
Legal entity
Registered office and establishments
Registered office
Desiré Van Hoomissenstraat(EIK) 18, 2880 Bornem, Belgium
Establishment unit
CORNET, Desiré Van Hoomissenstraat(EIK) 18, 2880 Bornem since 27-05-2021 · unit number 2.319.441.7294755101 Retail sale of household furniture
Activities
NACEBEL 202564210
Activities of holding companies main activity
Codes under NACEBEL 2008
64200
Holdings main activity
Invoicing and payment
VAT number
BE 0768.823.087
Financial year and general meeting
Accounts at the NBBFinancial year end
31-03
Sites & property
Location
Buildings and parcels at the address
Ground area
272 m²
Building footprint
122 m²
Building volume
749 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12015C0206/00B000 | Flanders | 272 m² | 1 · 122 m² | 8.6 m · 2 |