CORNET
ActiveThe computed 12-month bankruptcy probability of CORNET is 1.6% (moderate). For CORNET, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €236k and a net result of €-27k. Equity is growing by ~26% per year across the filed fiscal years. Its solvency ranks better than 79% of 36376 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability17▼-27
Solvency98▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
72.7%
Return on assets
-8.3%
Age of the figures
30 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 322 days later.
NBB · 10 filingsPosition against the passed deadline
31-03-2025 close31-10-2025 deadline18-09-2026 today
raises risk · Filed more than 90 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: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
153 d late
2023
216 d late
2022
296 d late
2021
198 d late
2020
47 d late
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€236k▼ 10.2%
2023 · €263k
2019: €54k
2020: €90k
2021: €156k
2022: €255k
2023: €263k
2019 → 2024
Total assets
€325k▼ 1.9%
2023 · €331k
2019: €134k
2020: €181k
2021: €244k
2022: €370k
2023: €331k
2019 → 2024
Net result
€-27k
2023 · €8k
2019: €4k
2020: €36k
2021: €66k
2022: €99k
2023: €8k
2019 → 2024
Working capital
€280k▼ 8.8%
2023 · €307k
2019: €98k
2020: €134k
2021: €202k
2022: €299k
2023: €307k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€90k-€156k▲ 74.0%€255k▲ 63.3%€263k▲ 3.2%€236k▼ 10.2%
Operating result€40k-€68k▲ 70.4%€50k▼ 26.2%€9k▼ 82.4%€-19k
Net result€36k-€66k▲ 86.8%€99k▲ 48.8%€8k▼ 91.8%€-27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €19k after €9k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €325k
Equity
€236k▼ 10.2%
Debt
€89k▲ 30.4%
The debt ratio rises from 20.5% to 27.3%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
72.7%▼
2023 · 79.5%
Current ratio
7.28▼
2023 · 13.82
Quick ratio
7.28▼
2023 · 13.82
Debt / equity
0.38▲
2023 · 0.26
ROE
-11.4%▼
2023 · 3.1%
ROA
-8.3%▼
2023 · 2.4%
Debt
€89k▲
2023 · €68k
Debt ≤ 1 year
€45k▲
2023 · €24k
Debt > 1 year
€44k=
2023 · €44k
Income taxes
€8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€331k€325k▼
Fixed assets21/28€0€0=
Tangible fixed assets22/27€0€0=
Furniture and vehicles24€0€0=
Current assets29/58€331k€325k▼
Amounts receivable within one year40/41€312k€311k▼
Trade receivables40-€31k
Other amounts receivable41€312k€280k▼
Cash at bank and in hand54/58€2k€14k▲
Deferred charges and accrued income490/1€17k-
Equity and liabilities
Total equity and liabilities10/49€331k€325k▼
Equity10/15€263k€236k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€255k€228k▼
Amounts payable17/49€68k€89k▲
Amounts payable after more than one year17€44k€44k=
Other amounts payable178/9€44k€44k=
Amounts payable within one year42/48€24k€45k▲
Current portion of amounts payable after more than one year42€3k€3k=
Financial debts43€5k€10k▲
Credit institutions430/8€5k€10k▲
Trade debts44€2k€32k▲
Suppliers440/4€2k€32k▲
Taxes, remuneration and social security45€14k-
Taxes450/3€14k-
Income statement
Code20232024
Non-recurring operating income76A€19k-
Remuneration, social security and pensions62€609-
Other operating charges640/8€1k€222▼
Non-recurring operating charges66A€171€63▼
Gross operating margin9900€11k€-18k▼
Operating profit (loss)9901€9k€-19k▼
Financial charges65/66B€650€207▼
Recurring financial charges65€650€207▼
Profit (loss) for the period before taxes9903€8k€-19k▼
Income taxes67/77-€8k
Profit (loss) for the period9904€8k€-27k▼
Profit (loss) for the period to be appropriated9905€8k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€255k€228k▼
Profit (loss) brought forward from the previous period14P€247k€255k▲
Timeline · acts, filings and financial milestones
2025
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 216 days late
31-03
Financial
Weakest financial yearnet €-27k ▼432%
Net result drops to €-27k, the lowest in the series.
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 296 days late
31-03
Financial
Liquidity triplescurrent ratio 13.82
Current ratio from 5.21 to 13.82; short-term debt falls from €71k to €24k.
2022
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 198 days late
31-03
Financial
Highest result since 2019net €99k ▲48.8%
Net result €99k, the highest in the series.
31-03
Financial
Equity above €200kEq €255k ▲63.3%
4 profitable years in a row build equity to €255k.
2021
31-03
Financial
Equity above €150kEq €156k ▲74%
3 profitable years in a row build equity to €156k.
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 47 days late
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
19-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
14-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nivelles · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Faubourg de Bruxelles 81C1400 NivellesGround area
329 m²
Building footprint
134 m²
Volume, LiDAR
924 m³
2 parcels, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Samiette 28, 1400 Nivelles
since 20112.211.278.811
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25783E0088/00W002 | Wallonia | 196 m² | 1 · 38 m² | 11.5 m · 3 fl. |
| 25072B0275/00K000 | Wallonia | 133 m² | 1 · 96 m² | 11.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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CHAUFFAGE CORNET
BE 0457.224.445
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TA-CLIMA SYSTEMS
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Of 9,528 companies in sector 43222 we hold annual accounts for 5,659. 4,709 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2011
Fiscal year end31-03
Abbreviation FR
ACC
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.