CORNHOFF
The computed 12-month bankruptcy probability of CORNHOFF is 0.9% (low). The 2024 annual accounts show negative equity (€-167k) and a net result of €3k. Equity is shrinking by ~27.9% per year across the filed fiscal years. The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-167k |
| Net result | €3k |
| Active | 23 yrs |
| Locations | 1 |
Fragile profile — watch profitability in particular.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €69k |
| Net profit | €3k |
| Cash flow | €48k |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €954k |
| Equity | €-167k |
| Debt | €1.12M |
| of which ≤ 1y | €75k |
| of which > 1y | €1.05M |
| Working capital | €-47k |
| Employees (FTE) | — |
| 2024 | |
|---|---|
| Current ratio | 0.37 |
| Quick ratio | 0.37 |
| Working capital ratio | -4.9% |
| Solvency | -17.5% |
| Debt / equity | -6.71 |
| Long-term debt ratio | -6.26 |
| Interest coverage | 3.33 |
| Gross margin | — |
| Net margin | — |
| ROA | 0.3% |
| ROE | -1.6% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €954k |
| Fixed assets | 21/28 | €926k |
| Tangible fixed assets | 22/27 | €926k |
| Financial fixed assets | 28 | €500 |
| Current assets | 29/58 | €28k |
| Cash & bank | 54/58 | €26k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €954k |
| Equity | 10/15 | €-167k |
| Contributions / capital | 10/11 | €63k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €-236k |
| Amounts payable | 17/49 | €1.12M |
| Amounts payable after one year | 17 | €1.05M |
| Amounts payable within one year | 42/48 | €75k |
| Income statement | ||
| Gross operating margin | 9900 | €75k |
| Operating result | 9901 | €23k |
| Financial charges | 65 | €21k |
| Result before taxes | 9903 | €3k |
| Net result for the period | 9904 | €3k |
| Result to be appropriated | 9905 | €3k |
| NACE primary | — |
| Legal form | Public limited company(014) |
| Incorporation | 15-04-2003 |
| Status | Active |
| Postal code | 9700 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45023A1104/00E000 | Flanders | 5,174 m² | 1 · 258 m² | 9.6 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | CORNHOFF |