CORNUT C
ActiveSummary
CORNUT C has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€26,214) and a net result of €10,835. Equity is growing by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 12% of 26040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability92▼-8
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.65 against 0.62 in 2023; short-term debt: 153.1% and cash: 97.3% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-53.1%
Return on assets
22%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 26040 sector peers (2024).
NBB · sector comparisonPosition among 26040 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
47 d early
2022
29 d late
2021
32 d early
2020
26 d early
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 18 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€26,214▲ 29.2%
2023 · -€37,049
Total assets
€49,340▼ 17.3%
2023 · €59,653
Net result
€10,835▼ 47.2%
2023 · €20,503
Working capital
-€26,214▲ 29.2%
2023 · -€37,049
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€38,774€24,236▼ 37.5%€28,464▲ 17.4%€20,542▼ 27.8%€10,890▼ 47.0%
Net result€37,070€23,782▼ 35.8%€28,370▲ 19.3%€20,503▼ 27.7%€10,835▼ 47.2%
Equity-€109,705▲ 25.3%-€85,922▲ 21.7%-€57,552▲ 33.0%-€37,049▲ 35.6%-€26,214▲ 29.2%
Total assets€51,740▲ 62.0%€55,805▲ 7.9%€64,538▲ 15.6%€59,653▼ 7.6%€49,340▼ 17.3%
Debt€161,444▼ 9.7%€141,728▼ 12.2%€122,090▼ 13.9%€96,703▼ 20.8%€75,555▼ 21.9%
Working capital-€109,705▲ 25.3%-€85,922▲ 21.7%-€57,552▲ 33.0%-€37,049▲ 35.6%-€26,214▲ 29.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 47% below 2023 and is the lowest result in the available series.
Key figures and ratios
Solvency
-53.1%▲
2023 · -62.1%
Current ratio
0.65▲
2023 · 0.62
Debt to equity
-2.88▼
2023 · -2.61
ROA
22.0%▼
2023 · 34.4%
Debt ≤ 1 year
€75,555▼
2023 · €96,703
Income taxes
€1▲
2023 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,799 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.5%
went bankrupt
5.3%
stopped otherwise
91%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 3,799 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2,057 | €500 | - | €0 | - |
| Other operating charges640/8 | - | €55 | €57 | €64 | €364 | ▲ 472% |
| Non-recurring operating charges66A | - | €1,650 | - | - | - | - |
| Gross operating margin9900 | €39,231 | €25,941 | €28,521 | €20,606 | €11,254 | ▼ 45.4% |
| Operating profit (loss)9901 | €38,774 | €24,236 | €28,464 | €20,542 | €10,890 | ▼ 47.0% |
| Financial income75/76B | - | - | - | €1 | €3 | ▲ 140% |
| Recurring financial income75 | - | - | - | €1 | €3 | ▲ 140% |
| Financial charges65/66B | - | €454 | €94 | €40 | €57 | ▲ 42.6% |
| Recurring financial charges65 | €1,704 | €454 | €94 | €39 | €57 | ▲ 44.8% |
| Non-recurring financial charges66B | - | - | - | €1 | - | - |
| Profit (loss) for the period before taxes9903 | €37,070 | €23,782 | €28,370 | €20,503 | €10,836 | ▼ 47.2% |
| Income taxes67/77 | - | - | - | €0 | €1 | ▲ 139% |
| Profit (loss) for the period9904 | €37,070 | €23,782 | €28,370 | €20,503 | €10,835 | ▼ 47.2% |
| Profit (loss) for the period to be appropriated9905 | €37,070 | €23,782 | €28,370 | €20,503 | €10,835 | ▼ 47.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51,740 | €55,805 | €64,538 | €59,653 | €49,340 | ▼ 17.3% |
| Current assets29/58 | €51,740 | €55,805 | €64,538 | €59,653 | €49,340 | ▼ 17.3% |
| Amounts receivable within one year40/41 | €7,513 | €4,888 | - | €2,335 | €1,137 | ▼ 51.3% |
| Trade receivables40 | - | €4,888 | - | €2,057 | €1,137 | ▼ 44.7% |
| Other amounts receivable41 | - | - | - | €278 | - | - |
| Cash at bank and in hand54/58 | €44,227 | €50,725 | €64,346 | €57,126 | €48,007 | ▼ 16.0% |
| Deferred charges and accrued income490/1 | - | €192 | €192 | €192 | €196 | ▲ 2.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51,740 | €55,805 | €64,538 | €59,653 | €49,340 | ▼ 17.3% |
| Equity10/15 | -€109,705 | -€85,922 | -€57,552 | -€37,049 | -€26,214 | ▲ 29.2% |
| Contributions10/11 | - | €21,525 | €21,525 | €21,525 | €21,525 | = |
| Outside capital11 | - | - | €21,525 | - | - | - |
| Share premium1100/10 | - | - | €2,975 | - | - | - |
| Other1109/19 | - | - | €18,550 | - | - | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€133,089 | -€109,306 | -€80,936 | -€60,433 | -€49,598 | ▲ 17.9% |
| Amounts payable17/49 | €161,444 | €141,728 | €122,090 | €96,703 | €75,555 | ▼ 21.9% |
| Amounts payable within one year42/48 | €161,444 | €141,728 | €122,090 | €96,703 | €75,555 | ▼ 21.9% |
| Trade debts44 | €16,131 | €388 | €1,116 | €1,480 | €1,533 | ▲ 3.6% |
| Suppliers440/4 | - | €388 | €1,116 | €1,480 | €1,533 | ▲ 3.6% |
| Taxes, remuneration and social security45 | - | €138 | €773 | €21 | €820 | ▲ 3,801% |
| Taxes450/3 | - | €138 | €773 | €21 | €820 | ▲ 3,801% |
| Other amounts payable47/48 | - | €141,202 | €120,202 | €95,202 | €73,202 | ▼ 23.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,070 | €23,782 | €28,370 | €20,503 | €10,835 | ▼ 47.2% |
| Operating cash flow (approximation) | €37,070 | €23,782 | €28,370 | €20,503 | €10,835 | ▼ 47.2% |
| Change in cash | - | €6,498 | €13,622 | -€7,220 | -€9,119 | ▼ 26.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €37,070
Net result €37,070 after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mons · 1 establishment unit since 1985
Ground area
921 m²
Building footprint
912 m²
Parcel 53403F0559/00D000, Wallonia. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Boulevard Charles Quint 4, 7000 Mons
since 19852.026.368.996
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53403F0559/00D000 | Wallonia | 921 m² | 1 · 912 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
ADRIAENS-LOUIS
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DEL PHARMA
BE 0721.527.966
Mons
MEDINUTRIX
BE 1033.120.967
Mons
NIMY PHAR
BE 0821.545.062
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PHARMACIE CORNEZ
BE 0434.096.180
Mons
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 5,220 companies in sector 47730 we hold annual accounts for 3,860. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-12-1984
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0426896802
Also
9925:BE0426896802
Registered
17-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.