CORNIL CONSULT
ActiveSummary
CORNIL CONSULT has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €414,611 and a net result of -€53,606. Equity remains stable across the filed financial years (±2% per year). Its solvency ranks better than 95% of 39,218 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €414,611
- Loss
- -€53,606
Why 94raises riskLoss of €53,606 (financial year 2025)lowers riskLiquidity: current ratio 19.51, cash €348,502Equity €414,611 (95.7% of total assets)Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (NACE 70, micro): better than 86% on solvency, 97% on liquidity, 9% on profitability and 27% on growth.
The bankruptcy probability was computed on 30-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 20 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€53,606
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €69,357 after €48,225 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.2% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,805 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,435 | €21,277 | €21,905 | €8,433 | €10,797 | €10,903 | €16,853 | €24,808 | ▲ 47.2% |
| Other operating charges640/8 | - | - | - | €368 | €418 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €119,710 | €144,560 | €145,874 | €147,571 | €95,995 | €111,901 | €65,465 | -€44,149 | - |
| Operating profit (loss)9901 | €97,908 | €122,916 | €123,548 | €138,770 | €84,780 | €100,613 | €48,225 | -€69,357 | - |
| Financial income75/76B | - | - | - | €4,243 | €741 | €118 | €193 | €16,076 | ▲ 83× |
| Recurring financial income75 | €2,676 | €148 | €6,359 | €4,243 | €741 | €118 | €193 | €16,076 | ▲ 83× |
| Financial charges65/66B | - | - | - | €233 | €1,258 | €4,750 | €420 | €94 | ▼ 77.7% |
| Recurring financial charges65 | €24,170 | -€22,605 | €425 | €233 | €1,258 | €4,750 | €420 | €94 | ▼ 77.7% |
| Profit (loss) for the period before taxes9903 | €76,414 | €145,668 | €129,482 | €142,781 | €84,263 | €95,981 | €47,998 | -€53,375 | - |
| Income taxes67/77 | €29,545 | €42,033 | €40,314 | €46,773 | €24,699 | €24,866 | €13,531 | €232 | ▼ 98.3% |
| Profit (loss) for the period9904 | €46,868 | €103,635 | €89,168 | €96,007 | €59,564 | €71,115 | €34,468 | -€53,606 | - |
| Profit (loss) for the period to be appropriated9905 | €46,868 | €103,635 | €89,168 | €96,007 | €59,564 | €71,115 | €34,468 | -€53,606 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €582,696 | €663,318 | €742,311 | €579,783 | €577,384 | €642,211 | €494,801 | €433,365 | ▼ 12.4% |
| Fixed assets21/28 | €33,289 | €34,112 | €27,207 | €20,746 | €39,912 | €29,009 | €91,078 | €67,384 | ▼ 26.0% |
| Tangible fixed assets22/27 | €32,998 | €33,821 | €26,916 | €20,716 | €39,882 | €28,979 | €91,048 | €67,354 | ▼ 26.0% |
| Land and buildings22 | - | - | - | - | €5,796 | €5,179 | €4,562 | €3,946 | ▼ 13.5% |
| Plant, machinery and equipment23 | - | - | - | €8,181 | €27,803 | €23,064 | €19,873 | €17,013 | ▼ 14.4% |
| Furniture and vehicles24 | - | - | - | €12,535 | €6,283 | €736 | €66,612 | €46,395 | ▼ 30.4% |
| Financial fixed assets28 | €291 | €291 | €291 | €30 | €30 | €30 | €30 | €30 | = |
| Current assets29/58 | €549,407 | €629,207 | €715,104 | €559,037 | €537,471 | €613,202 | €403,723 | €365,982 | ▼ 9.3% |
| Amounts receivable after more than one year29 | - | - | - | €63,041 | €0 | - | - | - | - |
| Other amounts receivable291 | - | - | - | €63,041 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €36,406 | €31,511 | €61,098 | €38,464 | €55,913 | €66,051 | €25,849 | €16,611 | ▼ 35.7% |
| Trade receivables40 | - | - | - | €34,848 | €50,612 | €55,616 | €4,245 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €3,616 | €5,301 | €10,435 | €21,603 | €16,611 | ▼ 23.1% |
| Current investments50/53 | €326,858 | €350,000 | €350,000 | €350,000 | €350,000 | €525,000 | €350,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €182,651 | €243,797 | €17,100 | €106,456 | €130,287 | €20,818 | €26,911 | €348,502 | ▲ 13× |
| Deferred charges and accrued income490/1 | - | - | - | €1,075 | €1,272 | €1,333 | €964 | €869 | ▼ 9.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €582,696 | €663,318 | €742,311 | €579,783 | €577,384 | €642,211 | €494,801 | €433,365 | ▼ 12.4% |
| Equity10/15 | €500,454 | €604,089 | €459,618 | €555,626 | €550,389 | €621,505 | €468,217 | €414,611 | ▼ 11.4% |
| Contributions10/11 | €77,200 | €77,200 | - | €77,200 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €423,254 | €526,889 | €382,418 | €478,426 | €537,989 | €609,105 | €435,817 | €435,817 | = |
| Non-distributable reserves130/1 | - | - | - | €8,340 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €8,340 | €0 | - | - | - | - |
| Distributable reserves133 | - | - | - | €470,086 | €537,989 | €609,105 | €435,817 | €435,817 | = |
| Profit (loss) carried forward14 | - | - | - | - | - | - | €20,000 | -€33,606 | - |
| Amounts payable17/49 | €82,241 | €59,229 | €282,693 | €24,157 | €26,994 | €20,706 | €26,584 | €18,755 | ▼ 29.5% |
| Amounts payable after more than one year17 | €33,021 | €17,881 | €2,569 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €49,221 | €41,349 | €280,124 | €24,157 | €26,994 | €20,706 | €26,584 | €18,755 | ▼ 29.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €2,569 | €0 | - | - | - | - |
| Trade debts44 | €27,661 | €7,776 | €4,043 | €6,563 | €3,884 | €4,444 | €4,944 | €1,874 | ▼ 62.1% |
| Suppliers440/4 | - | - | - | €6,563 | €3,884 | €4,444 | €4,944 | €1,874 | ▼ 62.1% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €189 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €15,025 | €14,120 | €10,426 | €8,023 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €15,025 | €11,400 | €7,741 | €8,023 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | - | €2,720 | €2,685 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | - | €8,991 | €5,835 | €13,428 | €16,881 | ▲ 25.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €46,868 | €103,635 | €89,168 | €96,007 | €59,564 | €71,115 | €34,468 | -€53,606 | - |
| + Depreciation and write-downs630 | €17,435 | €21,277 | €21,905 | €8,433 | €10,797 | €10,903 | €16,853 | €24,808 | ▲ 47.2% |
| Operating cash flow (approximation) | €64,304 | €124,912 | €111,073 | €104,441 | €70,361 | €82,019 | €51,320 | -€28,798 | - |
| Investment in fixed assets (approximation) | - | -€22,100 | -€15,000 | -€1,972 | -€29,964 | €0 | -€78,921 | -€1,114 | ▲ 98.6% |
| Change in cash | - | €61,146 | -€226,696 | €89,356 | €23,831 | -€109,469 | €6,092 | €321,591 | ▲ 53× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00377634 |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00352181 |
| 31-12-2023 | micro format | 30-07-2024 | 2024-00315608 |
| 31-12-2022 | micro format | 25-07-2023 | 2023-00278871 |
| 31-12-2021 | micro format | 14-06-2022 | 2022-20061034 |
| 31-12-2020 | micro format | 08-06-2021 | 2021-18100228 |
| 31-12-2019 | micro format | 01-07-2020 | 2020-24900008 |
| 31-12-2018 | micro format | 17-07-2019 | 2019-33800391 |
| 31-12-2017 | micro format | 03-07-2018 | 2018-27500042 |
| 31-12-2016 | micro format | 24-07-2017 | 2017-34500364 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2024 · 3 entries · €1,793 awarded · €1,793 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €600 | €600 |
| 2023 | 1 | €585 | €585 |
| 2022 | 1 | €608 | €608 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Maja Vanden Driessche |
|
| Tim Cornil |
|
| VANDEN DRIESSCHE |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
1%
According to the 2021 annual accounts of CORNIL CONSULT and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
11-02
Gazette deed
Resignation: Tim Cornil (director)Appointment: Maja Vanden Driessche (director)3 facts ▸
- General meeting, 31-12-2024
- Director resignation, Tim Cornil (director)
- Director appointment, Maja Vanden Driessche (director)
23-06
Gazette deed
Resignations: Cornil Tim (director) and BV Vanden Driessche (director)Appointment: Cornil Tim (director) · Amendment of the articles · Capital conversion11 facts ▸
- General meeting, 24-05-2022
- Amendment of the articles (2 times)
- Capital conversion, “beschikbaar voor uitkering” (deed in Dutch)
- Capital
- Registered office clause, “1780 Wemmel,Leeuwerikenlaan 28” (deed in Dutch)
- Director resignation, Cornil Tim (director)
- Director appointment, Cornil Tim (director (not named in the articles))
- Director resignation, BV Vanden Driessche (director)
- Other provision, “kwijting ontslagnemende bestuurders, volgende jaarvergadering” (deed in Dutch)
- Other provision, “formuliervermelding laatste bladzijde Luik B, naam en hoedanigheid instrumenterende notaris of vertegenwoordigingsbevoegde” (deed in Dutch)
- Other provision, “formuliervermelding laatste bladzijde Luik B vervolg, vertegenwoordigingsbevoegde ten aanzien van derden” (deed in Dutch)
Show earlier events
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22005A0326/00G000 | Flanders | 746 m² | 1 · 183 m² | 9.2 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het uitoefenen van activiteiten in consulting en managementadvies,in de meest ruime betekenis; Het uitoefenen van activiteiten in interim…” (deed in Dutch)
12 activities (deed in Dutch)
- Het uitoefenen van activiteiten in consulting en managementadvies,in de meest ruime betekenis
- Het uitoefenen van activiteiten in interim management
- Het organiseren en geven van management cursussen
- Het aanleggen,oordeelkundig beheer en het uitbreiden van een roerend en onroerend vermogen
- Het uitoefenen van activiteiten in personeelswerving en-selectie branche
- Het opzetten van een aankoopcentrale met alle diensten die daar verweven zijn
- Het opzetten en uitvoeren van import en export activiteiten in goederen
- Detachering van gespecialiseerd personeel
- Alle studies en operaties met betrekking tot alle onroerende goederen en rechten en tot alle roerende goederen en rechten welke daaruit voortvloeien,zoals de aankoop,de bouw,de verbouwing,de aanpassing,de huur en onderhuur,de ruiling,de verkoop en in het algemeen alle operaties die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,voor zichzelf of voor anderen van alle bebouwde of onbebouwde onroerende eigendommen
- 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 en toezicht,alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen
- Het opstarten en uitbaten van een winkel of winkelketen in goederen en producten
- Het waarnemen en uitoefenen van allerhande bestuurs-en beheersopdrachten en mandaten
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CORNIL CONSULT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “TITEL IV. BESTUUR Artikel 10. Bestuursorgaan - CONTROLE De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, een of meer bestuurders” (deed in Dutch)“Op algemene kosten los van representatie-,reis- en verplaatsingskosten, algemene vergadering met absolute meerderheid of enige aandeelhouder” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft overdrager en helft koper(s) naar evenredigheid verworven aantal bij meerdere kopers, elke…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen, 15” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of May at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie krachtens statuten” (deed in Dutch)