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CORNFIELDS

Active
Private limited companyfounded 201313 yrs activeJan Bolstraat 28, 2800 Mechelen, BelgiumKBO/BCE: BE 0536.611.918

CORNFIELDS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €169k and a net result of €20k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 93% of 6848 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
90 / 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-42
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 16.73 against 21.09 in 2024), and 5.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
94.1%
Return on assets
10.8%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
49 d early
2024
59 d early
2023
57 d early
2022
59 d early
2021
58 d early
2020
88 d early
2019
84 d late
← before the deadline after the deadline →
neutral · 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.
Companies Code · seven months
Position in the running window
06-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

Financials · fiscal year 2025, micro schema

Equity
€169k▼ 0.8%
2024 · €171k
2019: €186k 2020: €161k 2021: €108k 2022: €164k 2023: €160k 2024: €171k
2019 → 2025
Total assets
€180k▲ 0.3%
2024 · €179k
2019: €220k 2020: €188k 2021: €172k 2022: €246k 2023: €253k 2024: €179k
2019 → 2025
Net result
€20k▼ 52.4%
2024 · €41k
2019: €105k 2020: €80k 2021: €27k 2022: €58k 2023: €20k 2024: €41k
2019 → 2025
Working capital
€161k▲ 3.6%
2024 · €156k
2019: €112k 2020: €106k 2021: €73k 2022: €150k 2023: €154k 2024: €156k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€108k-€164k▲ 51.7%€160k▼ 2.1%€171k▲ 6.4%€169k▼ 0.8%
Operating result€33k-€84k▲ 158%€33k▼ 60.8%€59k▲ 77.5%€29k▼ 51.2%
Net result€27k-€58k▲ 113%€20k▼ 65.3%€41k▲ 104%€20k▼ 52.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2021: €33k€33kNet result 2021: €27k€27kOperating result 2022: €84k€84kNet result 2022: €58k€58kOperating result 2023: €33k€33kNet result 2023: €20k€20kOperating result 2024: €59k€59kNet result 2024: €41k€41kOperating result 2025: €29k€29kNet result 2025: €20k€20k20212022202320242025
The operating result falls in 2025; 2025 is 51% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €180k
Fixed assets €9k▼ 46.6%
Current assets €171k▲ 4.9%
Equity and liabilities €180k
Equity €169k▼ 0.8%
Debt €11k▲ 21.5%
The debt ratio rises from 4.9% to 5.9%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€36k
2024 · €65k
Cash flow
€27k
2024 · €48k
Solvency
94.1%
2024 · 95.1%
Current ratio
16.73
2024 · 21.09
Quick ratio
16.73
2024 · 21.09
Debt / equity
0.06
2024 · 0.05
ROE
11.5%
2024 · 24.0%
ROA
10.8%
2024 · 22.9%
Interest coverage
86.75
2024 · 38.43
Debt
€11k
2024 · €9k
Debt ≤ 1 year
€10k
2024 · €8k
Income taxes
€9k
2024 · €17k
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 · 2025 against 2024
Balance sheet Code20242025
Total assets 20/58€179k€180k
Fixed assets 21/28€16k€9k
Tangible fixed assets 22/27€16k€8k
Financial fixed assets 28€300€300=
Current assets 29/58€163k€171k
Amounts receivable within one year 40/41€53k€38k
Cash & bank 54/58€109k€132k
Total equity & liabilities 10/49€179k€180k
Equity 10/15€171k€169k
Contributions / capital 10/11€6k€6k=
Reserves 13€165k€163k
Amounts payable 17/49€9k€11k
Amounts payable within one year 42/48€8k€10k
Trade debts payable within one year 44€4k€3k
Income statement Code20242025
Gross operating margin 9900€66k€37k
Operating result 9901€59k€29k
Financial income 75€1k€0
Financial charges 65€2k€416
Result before taxes 9903€58k€28k
Income taxes 67/77€17k€9k
Net result for the period 9904€41k€20k
Result to be appropriated 9905€41k€20k

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €20k ▼52.4%
Net result drops to €20k, the lowest in the series.
02-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity times 8current ratio 21.09
Current ratio from 2.71 to 21.09; short-term debt falls from €90k to €8k.
04-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
02-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €150kEq €164k ▲51.7%
4 profitable years in a row build equity to €164k.
03-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
04-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
23-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 84 days late
2019
23-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 23 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 13,400 companies in sector 73300 we hold annual accounts for 6,773. 5,329 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-07-2013
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 20-07-2026. Scores and ratios are computed by Checked and are not a credit decision.