Skip to content

Ivo Cornelis

Active Risk: very low
Non-profit associationfounded 1935active for 91 yearsEdgard Tinellaan 1, 2800 Mechelen, BelgiumKBO/BCE: BE 0407.845.507
Summary

Ivo Cornelis has been active since 1935 and the Belgian Official Gazette contains no insolvency or warning signals. The 2010 annual accounts show equity of €4.5m and a net result of €185,421. Equity has been growing by about 7.2% per year since 2007. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-01-1935 Normal situation
Activity
Residential care activities NACE 87991and 1 other
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board

Financial position

Bankruptcy probabilitywithin 12 months
0.1%
2010 figures too old to score
Annual accounts 2010
Surplus
€185,421
▲ 95.1%
Equity
€4.5m
▲ 8.1%
Total assets
€5.9m
▲ 2.9%
Staff
101.8 FTE
▲ 0.5%
  • 2011 accounts not filed, 5210 days past the deadline
Turnover not published (abbreviated format)
Signalsraises riskFigures for financial year 2010 (filed on 06-07-2011)Liquidity: current ratio 3.32, cash €50,972lowers riskLegal form: non-profit associationSector: Residential care activities (NACE 87)neutralNo filing for yearsLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The latest figures are for FY 2010. They are too old for a current score.
Filing: Five or more annual filings are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2010 · tick: 2009
Strong
Solvency 100+3
equity 75.5% of total assets
Liquidity 47+3
short-term debt 16.5% · cash 0.9%
Profitability 45+3
return on assets 3.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (536 companies, NACE 87, medium-sized)
Last 24 months 12-2024: 0.1%highest value 01-2025: 0.1%● unchanged vs 12-2024highest value 02-2025: 0.1%● unchanged vs 01-2025highest value 03-2025: 0.1%● unchanged vs 02-2025highest value 04-2025: 0.1%● unchanged vs 03-2025highest value 05-2025: 0.1%● unchanged vs 04-2025highest value 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025highest value 09-2025: 0.1%● unchanged vs 08-2025highest value 10-2025: 0.1%● unchanged vs 09-2025highest value 11-2025: 0.1%● unchanged vs 10-2025highest value 12-2025: 0.1%● unchanged vs 11-2025highest value 01-2026: 0.1%● unchanged vs 12-2025highest value 02-2026: 0.1%● unchanged vs 01-2026highest value 03-2026: 0.1%● unchanged vs 02-2026highest value 04-2026: 0.1%● unchanged vs 03-2026highest value 05-2026: 0.1%● unchanged vs 04-2026highest value 06-2026: 0.1%● unchanged vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
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

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Figures for financial year 2010 (filed on 06-07-2011)
NBB · annual accounts
raises risk · Liquidity: current ratio 3.32, cash €50,972
NBB · annual accounts
lowers risk · Sector: Residential care activities (NACE 87)
KBO
neutral · No filing for years
The last filed financial year closed on 31-12-2010. Since then, 15 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filings
Position against the passed deadline
31-12-2011 year end31-07-2012 deadline05-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2010 was due by 31-07-2011 and was filed on 29-06-2011, 32 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

In the sector (NACE 87), the median for financial year 2024 was 27 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2010from €95,019 to €185,421 ▲ 95.1% View

Recent changes

  1. · Gazette deed 2 directors appointed, 2 directors resigningResignations: Marie-Louisa Van Roy (director) and Jan Seresia (director) · Appointments: Jan Claesen (director) and Liesbeth te Rijdt (secretary) · Admissions: Jan Claesen (member of the general meeting) and Liesbeth te Rijdt (member of the general meeting)
All 8 events

Comparable companies

These companies have the same main activity as Ivo Cornelis: residential care activities (NACE 87991). They are comparable in size and age: total assets between €3.4m and €14m, founded between 1921 and 1955.

CompanyTotal assetsGross margin
Ivo Cornelis Mechelen€5.9m-
LA CITE JOYEUSE - LE FOYER DES ORPHELINS Molenbeek-Saint-Jean€7.3m-
KORAAL Antwerp€12.8m-
Les Foyers Sainte-Marie Geer€3.4m€3.9m
VERENIGING TOT JEUGDBESCHERMING WINGERDBLOEI Antwerp€9.4m-
Notre Abri Uccle€4.8m€5.7m
Maison d'Enfants Reine Marie-Henriette Brussels€14.5m-
Full comparison

Key facts about Ivo Cornelis

What is the company number of Ivo Cornelis?
The company number of Ivo Cornelis is 0407.845.507. The VAT number is the same number with BE in front: BE 0407.845.507.
Where is Ivo Cornelis based?
The registered office is at Edgard Tinellaan 1, 2800 Mechelen.Company details
What does Ivo Cornelis do?
According to the KBO register, the main activity is residential care activities (NACE 87991).
What is the legal form of Ivo Cornelis?
Ivo Cornelis is a non-profit association (VZW).
When was Ivo Cornelis founded?
Ivo Cornelis was founded on 01-01-1935.
Is Ivo Cornelis still active?
Yes, Ivo Cornelis is an active enterprise in the KBO register.
How many employees does Ivo Cornelis have?
Ivo Cornelis had an average of 101.8 full-time equivalents in financial year 2010, according to the filed annual accounts.Financials
What is the turnover of Ivo Cornelis?
The annual accounts for financial year 2010 state no turnover. The abbreviated format does not require it. In financial year 2007 turnover was €2,047.
Is Ivo Cornelis profitable?
In financial year 2010, Ivo Cornelis made a profit of €185,421.
Where can I find the annual accounts of Ivo Cornelis?
Ivo Cornelis filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2010.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.