Equity
-€153,976
Debts exceed assets in financial year 2025.
CORNHOFF
Overview
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004peak €109,448 (2012)
€86,374▲ 15.2%
lowest -€61,030 (2022)
€13,209▲ 404%
peak €87,880 (2014)
-€153,976▲ €13,209
€1.1m▼ 4.9%
Board3 names since 2021
2 directorsHOFFMANN Luc Paul and 1 other
Documentsfilings and deeds
10-06-202651 days before the deadline
2025abbreviated format
Gross margin from €75,004 to €86,374Result from €2,620 to €13,209Cash from €26,360 to €10,270
Key points
from the 2025 annual accountsChecked score
55
Fair
Financially stronger than 39% of micro companies without a NACE code
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.3%▲ +0.1 percentage points vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.2%▼ -0.1 percentage points vs 03-2025
05-2025: 0.3%▲ +0.1 percentage points vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.2%▼ -0.1 percentage points vs 06-2025lowest value
08-2025: 0.2%● unchanged vs 07-2025lowest value
09-2025: 0.2%● unchanged vs 08-2025lowest value
10-2025: 0.2%● unchanged vs 09-2025lowest value
11-2025: 0.2%● unchanged vs 10-2025lowest value
12-2025: 0.2%● unchanged vs 11-2025lowest value
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.2%▼ -0.3 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€153,976
Liquidity: current ratio 0.20, cash €10,270, halved
Founded in 2003
lowers risk
Size: total assets €912,053
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 11% of them on solvency, 44% on liquidity, 38% on profitability and 65% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 519 companies had the same profile as CORNHOFF has now. Each dot stands for 2 companies, two years later.
91.7%
were still trading
3.9%
stopped another way
2.9%
went bankrupt
Another 1.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CORNHOFF itself is lower: 0.2% within 12 months. It rests on far more data about CORNHOFF than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 519 companies, not a prediction for CORNHOFF. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.2 (0.37 in 2024), below 1. Short-term debt is 6.4% and cash 1.1% of total assets. Equity is negative.
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
Five signals.
lowers riskraises riskneutral
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 days early
2024
51 days early
2023
55 days early
2022
53 days early
2021
52 days early
2020
51 days early
2019
50 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 52 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 June (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
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0480035380
2 directors appointed, 2 reappointments
Appointments: HOFFMANN Luc Paul and CORNELIS Ann Rita Luc · Reappointments: HOFFMANN Luc Paul and CORNELIS Ann Rita Luc · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden met het wijzigen van alle zelfstandige gebruikseenheden (unit) binnen het gebouw · Gent
First establishment
Onderbos 9, Oudenaarde
Official details
Source: KBO- Status
- Active since 15-04-2003Normal situation
- Activity
- “Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met…” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.131.921.0329700 Oudenaarde, since 26-05-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 12-10-2025
Annual accounts 2025
- €86,374▲ 15.2%
- ≈ €240,000estimated
- €13,209▲ 404%
- -€153,976▲ 7.9%
- €912,053▼ 4.4%
- Filing
- Filed on 10-06-2026, 51 days before the end of the filing period
Insights on CORNHOFF
CORNHOFF files the abbreviated format. That format states no turnover. The gross margin rose from €38,161 in 2006 to €86,374 in 2025.
The balance sheet grew most in 2009 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 10-06-2026, 51 days before the deadline€86,374
▲ 15.2%
€32,351
▲ 38.3%
€13,209
▲ 404%
-€46,314
▲ €792
-16.9%
▲ 0.6 percentage points
0.20
▼ 0.17
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.
Turnover ≈ €240,000. Estimated: probably between €150,000 and €460,000.
Balance sheet
balance sheet total €912,053 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
912,053 | 953,918 | 977,147 | 1.0m | 1.1m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.3m | 1.3m | 1.3m | 1.4m | 1.4m | 360,896 | 375,313 | 385,585 | |
21/28 |
900,367 | 926,203 | 959,486 | 996,847 | 1.0m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.2m | 1.2m | 1.3m | 1.3m | 1.4m | 1.4m | 357,131 | 371,146 | 373,578 | |
22/27 |
899,867 | 925,703 | 958,986 | 996,847 | 1.0m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.2m | 1.2m | 1.3m | 1.3m | 1.4m | 1.4m | 357,131 | 371,146 | 373,578 | |
22 |
899,867 | 925,703 | 958,986 | 996,847 | 1.0m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.2m | 1.2m | 1.3m | 1.3m | 1.4m | 1.4m | 357,131 | 370,990 | 373,266 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 365 | 729 | - | 156 | 312 | |
28 |
500 | 500 | 500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
11,687 | 27,714 | 17,661 | 5,346 | 64,766 | 62,201 | 82,956 | 113,112 | 71,866 | 69,374 | 57,008 | 38,152 | 29,164 | 22,148 | 19,420 | 21,286 | 14,572 | 3,765 | 4,167 | 12,007 | |
40/41 |
- | - | - | - | - | - | - | - | - | 50 | - | 700 | - | 18 | 6,000 | 14 | - | - | - | 86 | |
40 |
- | - | - | - | - | - | - | - | - | 50 | - | 700 | - | - | 6,000 | - | - | - | - | - | |
41 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 18 | - | 14 | - | - | - | 86 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,203 | 995 | 995 | 995 | 422 | - | - | |
54/58 |
10,270 | 26,360 | 16,546 | 3,650 | 8,213 | 5,679 | 26,460 | 56,651 | 16,261 | 13,718 | 1,402 | 14,891 | 5,949 | 5,071 | 9,864 | 18,156 | 13,577 | 3,343 | 4,167 | 11,921 | |
490/1 |
1,416 | 1,354 | 1,115 | 1,696 | 56,553 | 56,522 | 56,496 | 56,461 | 55,606 | 55,606 | 55,606 | 22,561 | 23,215 | 15,857 | 2,561 | 2,121 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
912,053 | 953,918 | 977,147 | 1.0m | 1.1m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.3m | 1.3m | 1.3m | 1.4m | 1.4m | 360,896 | 375,313 | 385,585 | |
10/15 |
-153,976 | -167,186 | -169,806 | -152,044 | -91,014 | -73,760 | -51,929 | -19,053 | 16,008 | 48,923 | 82,641 | 87,880 | 84,549 | 76,884 | 70,943 | 65,870 | 63,310 | 66,881 | 63,313 | 59,369 | |
10/11 |
63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | |
10 |
63,000 | 63,000 | 63,000 | 63,000 | 63,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | |
13 |
6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,000 | 6,000 | |
130/1 |
6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,000 | 6,000 | |
14 |
-223,276 | -236,486 | -239,106 | -221,344 | -160,314 | -143,060 | -121,229 | -88,353 | -53,292 | -20,377 | 13,341 | 18,580 | 15,249 | 7,584 | 1,643 | -3,430 | -5,990 | -2,419 | -5,687 | -9,631 | |
17/49 |
1.1m | 1.1m | 1.1m | 1.2m | 1.2m | 1.2m | 1.3m | 1.2m | 1.2m | 1.1m | 1.1m | 1.1m | 1.2m | 1.2m | 1.3m | 1.3m | 1.3m | 294,015 | 312,000 | 326,216 | |
17 |
1.0m | 1.0m | 1.0m | 1.0m | 1.1m | 1.1m | 1.2m | 1.2m | 1.1m | 1.0m | 1.1m | 1.1m | 1.1m | 1.2m | 1.2m | 1.3m | 1.3m | 276,885 | 292,765 | 275,059 | |
170/4 |
1.0m | 1.0m | 1.0m | 1.0m | 1.1m | 1.1m | 1.2m | 1.2m | 1.1m | 1.0m | 1.1m | 1.1m | 1.1m | 1.2m | 1.2m | 1.3m | 1.3m | 276,885 | 292,765 | 275,059 | |
42/48 |
58,001 | 74,821 | 139,096 | 111,412 | 106,027 | 105,277 | 86,366 | 72,125 | 70,673 | 116,683 | 67,732 | 63,278 | 63,263 | 58,395 | 58,847 | 48,359 | 50,896 | 16,770 | 19,235 | 51,157 | |
42 |
38,254 | 36,574 | 34,967 | 48,183 | 53,798 | 52,048 | 50,365 | 48,746 | 47,103 | 45,765 | 43,985 | 44,229 | 54,922 | 50,423 | 48,037 | 43,478 | 48,302 | 12,880 | 14,403 | 13,845 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,287 | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,287 | - | - | - | - | |
44 |
- | - | - | - | - | - | 17,272 | 50 | 41 | 89 | - | - | - | - | 6,828 | - | - | 73 | - | - | |
440/4 |
- | - | - | - | - | - | 17,272 | 50 | 41 | 89 | - | - | - | - | 6,828 | - | - | 73 | - | - | |
45 |
- | - | - | - | - | - | - | - | - | - | - | 352 | 169 | - | - | - | - | 223 | - | - | |
450/3 |
- | - | - | - | - | - | - | - | - | - | - | 352 | 169 | - | - | - | - | 223 | - | - | |
47/48 |
19,747 | 38,247 | 104,129 | 63,229 | 52,229 | 53,229 | 18,729 | 23,329 | 23,529 | 70,829 | 23,747 | 18,697 | 8,172 | 7,972 | 3,982 | 2,594 | 2,594 | 3,594 | 4,832 | 37,312 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | 468 | 3,554 | 4,381 | 4,358 | 9,879 | 5,225 | 360 | - | - | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | 151 | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
86,374 | 75,004 | 61,404 | 17,908 | 63,355 | 60,303 | 54,883 | 53,187 | 52,470 | 53,378 | 83,453 | 90,810 | 105,512 | 109,448 | 108,238 | 107,094 | 74,197 | 36,855 | 36,100 | 38,161 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,738 | |
630 |
46,573 | 45,833 | 49,746 | 48,796 | 48,871 | 48,636 | 52,977 | 51,590 | 45,659 | 45,183 | 45,067 | 45,732 | 46,815 | 46,815 | 47,151 | 46,415 | 41,258 | 16,217 | 16,107 | 15,052 | |
640/8 |
7,450 | 5,780 | 6,952 | 5,850 | 5,716 | 5,812 | 5,457 | 5,329 | 5,220 | 5,123 | 5,096 | 3,265 | 4,967 | 6,518 | 3,642 | 3,800 | 2,927 | 2,807 | 2,759 | 2,718 | |
66A |
- | - | - | - | - | - | - | - | 40 | - | - | - | - | - | - | - | - | - | - | 409 | |
9901 |
32,351 | 23,391 | 4,706 | -36,738 | 8,767 | 5,856 | -3,551 | -3,732 | 1,551 | 3,073 | 33,290 | 41,812 | 53,730 | 56,115 | 57,445 | 56,878 | 30,012 | 17,831 | 17,234 | 20,391 | |
75/76B |
- | - | - | - | - | - | - | 0 | 0 | 0 | 30 | 0 | 387 | 85 | 4 | 92 | 12 | 58 | 125 | 109 | |
75 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 30 | 0 | 387 | 85 | 4 | 92 | 12 | 58 | 125 | 109 | |
65/66B |
19,142 | 20,771 | 22,468 | 24,292 | 26,021 | 27,687 | 29,326 | 31,329 | 34,465 | 36,791 | 38,560 | 38,129 | 46,282 | 50,259 | 52,376 | 54,410 | 33,610 | 14,329 | 13,407 | 13,932 | |
65 |
19,142 | 20,771 | 22,468 | 24,292 | 26,021 | 27,687 | 29,326 | 31,329 | 34,465 | 36,791 | 38,560 | 38,129 | 46,282 | 50,259 | 52,376 | 54,410 | 33,610 | 14,329 | 13,407 | 13,932 | |
9903 |
13,209 | 2,620 | -17,762 | -61,030 | -17,254 | -21,831 | -32,876 | -35,061 | -32,914 | -33,718 | -5,240 | 3,683 | 7,834 | 5,941 | 5,073 | 2,561 | -3,587 | 3,560 | 3,952 | 6,159 | |
67/77 |
- | - | - | - | - | - | - | - | - | 0 | 0 | 353 | 169 | - | 1 | - | -15 | -8 | 8 | 16 | |
9904 |
13,209 | 2,620 | -17,762 | -61,030 | -17,254 | -21,831 | -32,876 | -35,061 | -32,914 | -33,718 | -5,240 | 3,331 | 7,665 | 5,941 | 5,073 | 2,561 | -3,572 | 3,568 | 3,944 | 6,143 | |
9905 |
13,209 | 2,620 | -17,762 | -61,030 | -17,254 | -21,831 | -32,876 | -35,061 | -32,914 | -33,718 | -5,240 | 3,331 | 7,665 | 5,941 | 5,073 | 2,561 | -3,572 | 3,568 | 3,944 | 6,143 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-223,276 | -236,486 | -239,106 | -221,344 | -160,314 | -143,060 | -121,229 | -88,353 | -53,292 | -20,377 | 13,341 | 18,580 | 15,249 | 7,584 | 1,643 | -3,430 | -5,990 | -2,119 | -5,687 | -3,631 | |
14P |
-236,486 | -239,106 | -221,344 | -160,314 | -143,060 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 300 | - | 6,000 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 300 | - | 6,000 | |
| Document | |||||||||||||||||||||
The accounts for 2 older financial years (2004-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 10-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 10-06-2026 | 2026-00154177 | |
| 31-12-2024 | micro format | 10-06-2025 | 2025-00131666 | |
| 31-12-2023 | micro format | 06-06-2024 | 2024-00115715 | |
| 31-12-2022 | micro format | 08-06-2023 | 2023-00117095 | |
| 31-12-2021 | micro format | 09-06-2022 | 2022-20056912 | |
| 31-12-2020 | micro format | 10-06-2021 | 2021-19400206 | |
| 31-12-2019 | micro format | 11-06-2020 | 2020-16300426 | |
| 31-12-2018 | micro format | 06-06-2019 | 2019-16600124 | |
| 31-12-2017 | micro format | 07-06-2018 | 2018-16700553 | |
| 31-12-2016 | micro format | 08-06-2017 | 2017-15900194 | |
| 31-12-2015 | abbreviated format | 08-06-2016 | 2016-16600598 | |
| 31-12-2014 | abbreviated format | 11-06-2015 | 2015-17000496 | |
| 31-12-2013 | abbreviated format | 03-07-2014 | 2014-27000431 | |
| 31-12-2012 | abbreviated format | 05-06-2013 | 2013-15400143 | |
| 31-12-2011 | abbreviated format | 06-06-2012 | 2012-15500126 | |
| 31-12-2010 | abbreviated format | 09-06-2011 | 2011-15700389 | |
| 31-12-2009 | abbreviated format | 11-06-2010 | 2010-17300453 | |
| 31-12-2008 | abbreviated format | 11-06-2009 | 2009-22500106 | |
| 31-12-2007 | abbreviated format | 12-06-2008 | 2008-22200071 | |
| 31-12-2006 | abbreviated format | 08-06-2007 | 2007-20800145 | |
| 31-12-2005 | abbreviated format | 06-06-2006 | 2006-20401548 | |
| 31-12-2004 | abbreviated format | 06-06-2005 | 2005-20702112 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 78,924 | 69,224 | 54,452 | 12,058 | 57,639 | 54,491 | 49,426 | 47,858 | 47,209 | 48,256 | 78,358 | 87,544 | 100,545 | 102,930 | 104,596 | 103,294 | 71,270 | 34,048 | 33,341 | 35,443 | ||
| 59,782 | 48,453 | 31,984 | -12,234 | 31,618 | 26,805 | 20,101 | 16,529 | 12,744 | 11,465 | 39,828 | 49,063 | 54,480 | 52,756 | 52,224 | 48,976 | 37,686 | 19,785 | 20,051 | 21,195 | ||
| 20,736 | 12,551 | 12,385 | 4,388 | 1,005 | 14,423 | 74,132 | 57,749 | 38,303 | 3,851 | 9,443 | 0 | 0 | 2,961 | 10,627 | 1,049 | 1.1m | 2,201 | 13,675 | - | ||
| -16,090 | 9,814 | 12,896 | -4,563 | 2,534 | -20,782 | -30,190 | 40,390 | 2,543 | 12,316 | -13,489 | 8,942 | 878 | -4,793 | -8,292 | 4,579 | 10,234 | -824 | -7,754 | - | ||
| -46,314 | -47,106 | -121,435 | -106,067 | -41,261 | -43,076 | -3,410 | 40,987 | 1,193 | -47,309 | -10,724 | -25,126 | -34,099 | -36,247 | -39,427 | -27,072 | -36,324 | -13,005 | -15,068 | -39,150 | ||
| -16.9% | -17.5% | -17.4% | -15.2% | -8.2% | -6.4% | -4.3% | -1.6% | 1.4% | 4.2% | 6.9% | 7.2% | 6.7% | 5.9% | 5.3% | 4.8% | 4.5% | 18.5% | 16.9% | 15.4% | ||
| 0.20 | 0.37 | 0.13 | 0.05 | 0.61 | 0.59 | 0.96 | 1.57 | 1.02 | 0.59 | 0.84 | 0.60 | 0.46 | 0.38 | 0.33 | 0.44 | 0.29 | 0.22 | 0.22 | 0.23 | ||
| - | - | - | - | - | - | - | - | 71.95 | 22.97 | 13.54 | 12.87 | 13.85 | 15.84 | 17.83 | 19.87 | 21.32 | 4.40 | 4.93 | 5.49 | ||
| - | - | - | - | - | - | - | - | -205.6% | -68.9% | -6.3% | 3.8% | 9.1% | 7.7% | 7.2% | 3.9% | -5.6% | 5.3% | 6.2% | 10.3% | ||
| 1.4% | 0.3% | -1.8% | -6.1% | -1.6% | -1.9% | -2.7% | -2.9% | -2.8% | -2.9% | -0.4% | 0.3% | 0.6% | 0.5% | 0.4% | 0.2% | -0.3% | 1.0% | 1.1% | 1.6% | ||
| 4.12 | 3.33 | 2.42 | 0.50 | 2.22 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €20,736 | €12,551 | €11,885 | €4,388 | €1,005 |
| Financial fixed assets | - | - | €500 | - | - |
| €46,573 | €45,833 | €49,746 | €48,796 | €48,871 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on CORNHOFF
The operating result for 2025 is 38% higher than in 2024 and the highest since 2015. It is the third rise in a row, after the fall in 2022.
Equity is negative. Debt (€1.1m) exceeds the balance-sheet total (€912,053).
Board & ownership
Board
2 directors, last change in 2021CORNELIS AN
Director
since 02-06-2021
term until 05-06-2027
listed in the 2025 annual accounts, filed on 10-06-2026
Director
current term since 02-06-2021
term until 05-06-2027
listed in the 2025 annual accounts, filed on 10-06-2026
Mandates through the years
3 names, the dashed line is todayBoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
- HOFFMANN Luc Paul
- Director, since before 03-04-2021
- CORNELIS AN
- Director, from 02-06-2021 to date
- CORNELIS Ann Rita Luc
- Director, from before 03-04-2021, no longer listed in the 2025 annual accounts
Control
Capital
- Capital
- €63,000
- Shares
- 252
- Contribution per share
- €250
- Equity per share
- -€611 in 2025
- Source
- deed of 17-05-2021
Articles of association
deed of 17-05-2021 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of June at 10:00
Network & group
No group
CORNHOFF has no parent and no holdings in its annual accounts. CORNHOFF shares no director with another company.
Timeline
Timeline
31 events since 2003Board
Filings
Financial
Permits
Establishments
200420062008201020122014201620182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 51 days before the deadline
2025
Highest result from 2006 to 2025 net €13,209 ▲404% The net result of €13,209 is the highest of those years.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0480035380
Annual accounts 2024 filed PDFmicro format · 51 days before the deadline
2024
Back to profit net €2,620 The net result is €2,620, after 9 loss-making years.
Annual accounts 2023 filed PDFmicro format · 55 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 53 days before the deadline
2022
Weakest financial year net -€61,030 The net result drops to -€61,030, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 52 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 51 days before the deadline
2 directors appointed, 2 reappointmentsAppointments: HOFFMANN Luc Paul and CORNELIS Ann Rita Luc · Reappointments: HOFFMANN Luc Paul and CORNELIS Ann Rita Luc6 points ▸
- Capital, €63,000, 252 shares
- Director appointment, HOFFMANN Luc Paul
- Director appointment, CORNELIS Ann Rita Luc
- Director reappointment, HOFFMANN Luc Paul
- Director reappointment, CORNELIS Ann Rita Luc
- Registered office clause, Onderbos 9, 9700 Oudenaarde
- The deed holds 3 more points.
2020
Annual accounts 2019 filed PDFmicro format · 50 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 55 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 54 days before the deadline
Environmental permit granted OmgevingsloketVerbouwen en/of uitbreiden met het wijzigen van alle zelfstandige gebruikseenheden (unit) binnen het gebouw · Gent
2017
Annual accounts 2016 filed PDFmicro format · 53 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 53 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 50 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 28 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 56 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 55 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 52 days before the deadline
2010
Back to profit net €2,561 The net result is €2,561, after one loss-making year.
Annual accounts 2009 filed PDFabbreviated format · 50 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 50 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 49 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 53 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
Financial 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
Identity
- Enterprise number
- 0480.035.380
- VAT number
- BE 0480.035.380
- Peppol ID
- 0208:0480035380
- Other Peppol ID
- 9925:BE0480035380
- Legal form
- Public limited company
- Status
- Active, normal situation
- Founded
- 15-04-2003
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of June at 10:00deed of 17-05-2021 (in Dutch)
- Peppol
- Reachable since 12-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CORNHOFF in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 17-05-2021 (in Dutch)
Activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen…”deed of 17-05-2021 (in Dutch)
4 activities
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan-en verkoop, de bouw, de verbouwing, de binnenhuisinrichting en decoratie, de huur- en verhuur, de ruil, de verkaveling en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, van onroerende goederen of onroerende zakelijke rechten.
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook zoals de aan-en verkoop, de huur- en verhuur, de ruil; in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren, aandelen, obligaties, staatsfondsen;
- Het verwerven en aanhouden van participaties, in eender welke vorm, in alle bestaande of op te richten, industriële, commerciële, financiële, landbouw- of immobiliënvennootschappen of –ondernemingen; het stimuleren, de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen waarin ze een participatie aanhoudt; het deelnemen aan hun beheer, bestuur, vereffening, en toezicht alsmede het verlenen van technische, administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
- Zij mag bij wijze van inbreng in speciën of in natura, van fusie, inschrijving, deelneming, financiële tussenkomst of op een andere wijze, een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven, in België of in et buitenland, waarvan het voorwerp identiek, gelijkaardig of verwant is met het hare, of van aard is de uitoefening van haar voorwerp te bevorderen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Onderbos 9 registered office 9700 Oudenaarde 6812101 Development of residential building projects | 26-05-2003 | 2.131.921.032 |
Buildings and parcels at the address
- Ground area
- 5,174 m²
- Buildings
- 258 m²
- Volume, LiDAR
- 1,253 m³
- Tallest building
- 9.6 m
Buildings to scale, each on its own parcel
Environmental permits
1 application in Flanders since 2018 · 1 granted| 17-05-2018 | Granted | Verbouwen en/of uitbreiden met het wijzigen van alle zelfstandige gebruikseenheden (unit) binnen het gebouw submitted 26-02-2018 · project 2018014698 | Gent |
Source: Omgevingsloket Vlaanderen.
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 45023A1104/00E000 | 5,174 m² | 1 · 258 m² | 9.6 m · 2 |