CORNET

Active

Private limited companyfounded 2011active for 14 yearsFaubourg de Bruxelles 81C, 1400 Nivelles, BelgiumKBO/BCE: BE 0842.420.551

Summary

The computed 12-month bankruptcy probability of CORNET is 8.0% (elevated). For CORNET, at least two annual filings are missing. The 2024 annual accounts show equity of €236,260 and a net result of -€26,952. Equity has been growing by about 26% per year since 2019. Its solvency ranks better than 79% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

CORNETActive

Risk analysis Report Compare

Official details

Source: KBO

Status: Active since 29-12-2011 Normal situation
Activity: Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
Establishment unit: 2.211.278.811 1400 Nivelles, since 29-12-2011
Financial year end: 31 March
Peppol: Reachable since 25-11-2025

Company details

Board and ownership

Board

CORNET, Andy Daniel Francis GhislainDirector

Board & ownership

Financial position

Bankruptcy probabilitywithin 12 months: 8.0%

2024 figures too old to score

Annual accounts to 31-03-2024

Gross margin: -€18,241
Loss: €26,952
Equity: €236,260; ▼ 10.2%
Total assets: €325,004; ▼ 1.9%

2025 accounts not filed, 369 days past the deadline

Turnover not published (micro format)

Financials

Signalsraises riskFigures for financial year 2024 (filed on 02-04-2025)2 financial years not filed after the legal deadline; last filed accounts filed 153 days late; 3 of the last 3 accounts lateSize: total assets €325,004Loss of €26,952 (financial year 2024)Two or more financial years not filed2024 accounts filed 153 days lateShow the evidence

Bankruptcy probability

No current score

Figures too old

The latest figures are for FY 2024. They are too old for a current score.

Bankruptcy probability: Elevated

Filing: At least two annual filings are missing

Financial strength, FY 2024 · tick: 2023

Average

Solvency 98-2

equity 72.7% of total assets

Liquidity 53+2

short-term debt 13.7% · cash 4.3%

Profitability 17-27

return on assets -8.3%

Bankruptcy probability within 12 months

8.0% Elevated

0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)

Last 24 months 12-2024: 8.3% 01-2025: 12.0%▲ +3.7 percentage points vs 12-2024 02-2025: 11.4%▼ -0.6 percentage points vs 01-2025 03-2025: 12.4%▲ +1.0 percentage point vs 02-2025 04-2025: 15.4%▲ +3.0 percentage points vs 03-2025highest value 05-2025: 4.5%▼ -10.9 percentage points vs 04-2025 06-2025: 4.5%● unchanged vs 05-2025 07-2025: 4.8%▲ +0.3 percentage points vs 06-2025 08-2025: 4.8%● unchanged vs 07-2025 09-2025: 4.6%▼ -0.2 percentage points vs 08-2025 10-2025: 4.6%● unchanged vs 09-2025 11-2025: 4.8%▲ +0.2 percentage points vs 10-2025 12-2025: 5.1%▲ +0.3 percentage points vs 11-2025 01-2026: 3.0%▼ -2.1 percentage points vs 12-2025lowest value 02-2026: 3.1%▲ +0.1 percentage points vs 01-2026 03-2026: 4.0%▲ +0.9 percentage points vs 02-2026 04-2026: 6.7%▲ +2.7 percentage points vs 03-2026 05-2026: 6.7%● unchanged vs 04-2026 06-2026: 6.9%▲ +0.2 percentage points vs 05-2026 07-2026: 6.3%▼ -0.6 percentage points vs 06-2026 08-2026: 6.3%● unchanged vs 07-2026 09-2026: 6.3%● unchanged vs 08-2026 10-2026: 6.3%● unchanged vs 09-2026 11-2026: 8.0%▲ +1.7 percentage points vs 10-2026

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

Six signals.

raises risk

Figures for financial year 2024 (filed on 02-04-2025)

NBB · annual accounts

2 financial years not filed after the legal deadline; last filed accounts filed 153 days late; 3 of the last 3 accounts late

NBB · filings

Size: total assets €325,004

Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Loss of €26,952 (financial year 2024)

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-03-2025, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-03-2025 year end31-10-2025 deadline04-11-2026 today

2024 accounts filed 153 days late

The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 02-04-2025, 153 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2026

not filed

2025

not filed

2024

153 days late

2023

216 days late

2022

296 days late

2021

198 days late

2020

47 days late

← 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 182 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Caution: Lower net result than 95% of companies in specialised constructionsector median €9,466 · 35,938 companies -€26,952 View

Recent changes

20-12-2023 · Gazette deed Company renamed from AC Chauffage to CORNETRegistered office moved within Nivelles · New seat: 1400 Nivelles, Faubourg de Bruxelles, 81C · Previous seat: 1400 Nivelles, rue Samiette, 28
16-01-2012 · Gazette deed Incorporation

All 17 events

Comparable companies

These companies have the same main activity as CORNET: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €260,000 and €364,000, founded between 2009 and 2013.

Company	Total assets	Gross margin
CORNET Nivelles	€325,004	-€18,241
VAN HAVER ELIAS TECHNICS Heist-op-den-Berg	€289,894	-€27,415
VBS SANITAIR Wingene	€315,893	-€17,489
ECO SYSTEM PRO Mouscron	€274,478	-€57,788
DBEERL Ath	€364,053	-€19,235
CORNILLE J.P. Sint-Genesius-Rode	€302,569	-€7,474
F & B INSTALLATION Namur	€259,959	-€28,522

Full comparison

Key facts about CORNET

What is the company number of CORNET?: The company number of CORNET is 0842.420.551. The VAT number is the same number with BE in front: BE 0842.420.551.
Where is CORNET based?: The registered office is at Faubourg de Bruxelles 81C, 1400 Nivelles.Company details
What does CORNET do?: According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of CORNET?: The legal form of CORNET is Private limited company (BV).
When was CORNET founded?: CORNET was founded on 29-12-2011.
Is CORNET still active?: Yes, CORNET is an active enterprise in the KBO register.
What is the turnover of CORNET?: The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is CORNET profitable?: In financial year 2024, CORNET made a loss of €26,952.
Where can I find the annual accounts of CORNET?: CORNET filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2024.