Checked.be
Active
BE 0471.800.377Private limited company
CORNIL FRERES
Chaussée de Lessines 295 ·7060 Soignies, Belgium· 26 yrs active
Sector: Agriculture
(01610)
Conclusion
The computed 12-month bankruptcy probability of CORNIL FRERES is 0.1% (very low). The 2024 annual accounts show equity of €984k and a net result of €163k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 59 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Key figures
| Equity | €984k |
| Net result | €163k |
| Staff (FTE) | 6.3 |
| Better than sector | 85% |
Snowflake analysis
87
/ 100
Exceptional profile, strong across almost every axis.
Health
100
Profitability
83
Solvency
100
Growth
52
Stability
100
Bankruptcy probability (12 mo)
0.1%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Long track record
−Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2000, 26 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags
No administrative flags
Health barometer
100
/ 100
Excellent
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 02-06-2025 with the NBB · fiscal year 2024 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~14.8%/year over 7 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).
Sector comparison
Fiscal year 2024 · NACE 01, Agriculture · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 67.4% | 24.3% | |
| Net result | €163k | €31k | |
| Equity | €984k | €183k | |
| Gross operating margin | €591k | €163k | |
| Staff costs | €306k | €94k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€279k
+58.8%
+28% vs sector
€163k
+80.5%
far above sector median
€208k
+47.3%
≈ vs sector
€1.46M
+5.0%
+82% vs sector
€984k
+19.6%
+102% vs sector
€754k
+24.3%
+164% vs sector
6
+18.9%
-35% vs sector
€306k
+9.7%
-21% vs sector
€62k
+102.4%
far above sector median
€468k
-16.2%
+34% vs sector
€333k
-11.0%
+90% vs sector
€134k
-27.3%
-78% vs sector
3.27
+24.6%
-24% vs sector
2.13
+29.6%
-50% vs sector
67.4%
+13.9%
+6% vs sector
0.48
-29.9%
-38% vs sector
16.6%
+51.0%
+103% vs sector
11.2%
+72.0%
+132% vs sector
21.23
-4.5%
+21% vs sector
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €279k |
| Net profit | €163k |
| Cash flow | €208k |
| Staff costs | €306k |
| Income taxes | €62k |
| Dividends | - |
| Total assets | €1.46M |
| Equity | €984k |
| Debt | €468k |
| of which ≤ 1y | €333k |
| of which > 1y | €134k |
| Working capital | €754k |
| Employees (FTE) | 6.3 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 3.27 |
| Quick ratio | 2.13 |
| Working capital ratio | 51.6% |
| Solvency | 67.4% |
| Debt / equity | 0.48 |
| Long-term debt ratio | 0.14 |
| Interest coverage | 21.23 |
| Gross margin | - |
| Net margin | - |
| ROA | 11.2% |
| ROE | 16.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.46M |
| Fixed assets | 21/28 | €374k |
| Tangible fixed assets | 22/27 | €374k |
| Current assets | 29/58 | €1.09M |
| Stocks & contracts in progress | 3 | €379k |
| Amounts receivable within one year | 40/41 | €433k |
| Cash & bank | 54/58 | €271k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.46M |
| Equity | 10/15 | €984k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €106k |
| Accumulated profits (losses) | 14 | €834k |
| Provisions & deferred taxes | 16 | €8k |
| Amounts payable | 17/49 | €468k |
| Amounts payable after one year | 17 | €134k |
| Amounts payable within one year | 42/48 | €333k |
| Trade debts payable within one year | 44 | €44k |
| Income statement | ||
| Gross operating margin | 9900 | €591k |
| Operating result | 9901 | €234k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €224k |
| Income taxes | 67/77 | €62k |
| Net result for the period | 9904 | €163k |
| Result to be appropriated | 9905 | €169k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
Current directors & mandates
-
CORNIL INVESTLegal entityDirector· perm. rep.: Damien CORNILState Gazette act 26018846 (06-02-2026)Current06-02-2026 → present
-
Current05-01-2024 → present
Former directors (1)
-
Former05-01-2024 → 06-02-2026
2 events
- 06-02-2026 Resigned· Manager
- 05-01-2024 Mandate renewed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
| NACE primary | Agriculture(01610) |
| Legal form | Private limited company(610) |
| Incorporation | 02-05-2000 |
| Status | Active |
| Postal code | 7060 |
Connections & network
Group structure
Parent · 1 subsidiary · 1 location
Control→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Establishment units
CORNIL FRERES SRL
since 20002.093.843.978
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55018D0984/00H000 | Wallonia | 355 m² | 1 · 51 m² | 9.1 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2026
06-02-2026
State Gazette act
Capital & shares
2025
02-06-2025
NBB filing
Annual accounts filed
2024
28-10-2024
NBB filing
Annual accounts filed
05-01-2024
State Gazette act
Director changes
2023
11-09-2023
NBB filing
Annual accounts filed
2022
29-09-2022
NBB filing
Annual accounts filed
2021
28-10-2021
NBB filing
Annual accounts filed
2020
30-11-2020
NBB filing
Annual accounts filed
2019
30-09-2019
NBB filing
Annual accounts filed
2018
24-08-2018
NBB filing
Annual accounts filed
2017
07-07-2017
NBB filing
Annual accounts filed
2016
25-08-2016
NBB filing
Annual accounts filed
Belgisch Staatsblad, acts
Capital history · 1
06-02-2026
v3.2
All acts · 2
updated 5 months ago
2026
06-02-2026 Transaction in capital or shares
Summary:
v3.2
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0471.800.377",
"name_full": "CORNIL FRERES",
"legal_form": "SRL"
}
}2024
05-01-2024 2 reappointed
- CORNIL Freddy, Bestuurder
- CORNIL Patrick, Bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_renew",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "CORNIL Freddy",
"address": null,
"birth_date": null
},
"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de mettre fin \u00E0 la fonction des g\u00E9rants actuels, mentionn\u00E9s ci-apr\u00E8s, et proc\u00E8de imm\u00E9diatement au renouvellement de leur nomination comme administrateurs non statutaires et comme administrateurs-d\u00E9l\u00E9gu\u00E9s pour une dur\u00E9e illimit\u00E9e : \u2022 Monsieur CORNIL Freddy, domicili\u00E9 \u00E0 705"
},
{
"kind": "director_renew",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "CORNIL Patrick",
"address": null,
"birth_date": null
},
"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de mettre fin \u00E0 la fonction des g\u00E9rants actuels, mentionn\u00E9s ci-apr\u00E8s, et proc\u00E8de imm\u00E9diatement au renouvellement de leur nomination comme administrateurs non statutaires et comme administrateurs-d\u00E9l\u00E9gu\u00E9s pour une dur\u00E9e illimit\u00E9e : \u2022 Monsieur CORNIL Patrick, domicili\u00E9 \u00E0 70"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0471.800.377",
"name_full": "CORNIL FRERES",
"legal_form": "SPRL"
}
}Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Ondersteunende activiteiten in verband met de teelt van gewassen01610Ondersteunende activiteiten in verband met de teelt van gewassen01610Herstelling van landbouwmachines29322Reparatie van machines33120Reparatie en onderhoud van machines33120Groothandel in machines, werktuigen en toebehoren voor de landbouw46610Groothandel in machines, werktuigen en toebehoren voor de landbouw46610Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw51880Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken01410Vervaardiging van metalen constructiewerken en delen daarvan25110Herstelling van landbouwmachines29322Reparatie van machines33120Reparatie en onderhoud van machines33120Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)47811Landschapsverzorging81300Landschapsverzorging81300Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)95312Reparatie en montage van specifieke auto-onderdelen95313
Primary activity highlighted.
Names & trade names
| Legal nameFR | CORNIL FRERES |
Registered office
Chaussée de Lessines 295 bus A
7060 Soignies, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies
DORSONDERNEMING GOEMAERE
BE 0425.483.669 · Zwevegem
WILLEMSE
BE 0430.668.617 · Ravels
BETAGRI
BE 0466.069.063 · Faimes
François NEUFCOEUR
BE 0453.753.825 · Durbuy
KORONDY
BE 0426.026.671 · Kasterlee