J. Cornelis
ActiveJ. Cornelis has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €949k and a net result of €64k. Equity is shrinking by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+5
Solvency100▲+8
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 34.51 against 1.78 in 2024; short-term debt: 1.3% and cash: 16.9% of total assets), and 2.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.5%
Return on assets
6.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
on the day
2023
2 d early
2022
7 d early
2021
7 d early
2020
3 d early
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€949k▲ 7.2%
2024 · €885k
2019: €1.75M
2020: €1.72M
2021: €1.69M
2022: €1.22M
2023: €1.25M
2024: €885k
2019 → 2025
Total assets
€973k▼ 26.2%
2024 · €1.32M
2019: €1.79M
2020: €1.75M
2021: €1.72M
2022: €1.24M
2023: €1.27M
2024: €1.32M
2019 → 2025
Net result
€64k▲ 99.9%
2024 · €32k
2019: €-40k
2020: €-27k
2021: €-31k
2022: €-31k
2023: €34k
2024: €32k
2019 → 2025
Working capital
€421k▲ 28.4%
2024 · €328k
2019: €1.03M
2020: €1.04M
2021: €1.04M
2022: €732k
2023: €711k
2024: €328k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.69M-€1.22M▼ 27.9%€1.25M▲ 2.7%€885k▼ 29.4%€949k▲ 7.2%
Operating result€-36k-€-37k▼ 1.8%€28k€26k▼ 9.3%€39k▲ 50.4%
Net result€-31k-€-31k▼ 1.7%€34k€32k▼ 4.9%€64k▲ 99.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 50% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €973k
Fixed assets
€539k▼ 5.4%
Current assets
€433k▼ 42.1%
Equity and liabilities €973k
Equity
€949k▲ 7.2%
Provisions
€12k▼ 10.0%
Debt
€13k▼ 97.0%
The debt ratio falls from 31.9% to 1.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€69k▲
2024 · €64k
Cash flow
€94k▲
2024 · €70k
Solvency
97.5%▲
2024 · 67.1%
Current ratio
34.51▲
2024 · 1.78
Quick ratio
34.51▲
2024 · 1.78
Debt / equity
0.01▼
2024 · 0.48
ROE
6.7%▲
2024 · 3.6%
ROA
6.6%▲
2024 · 2.4%
Interest coverage
1094.99▲
2024 · 408.42
Debt
€13k▼
2024 · €421k
Debt ≤ 1 year
€13k▼
2024 · €421k
Income taxes
€3k▲
2024 · €469
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.32M€973k▼
Fixed assets21/28€570k€539k▼
Tangible fixed assets22/27€570k€539k▼
Land and buildings22€540k€513k▼
Plant, machinery and equipment23€30k€27k▼
Current assets29/58€749k€433k▼
Amounts receivable after more than one year29€148k€99k▼
Other amounts receivable291€148k€99k▼
Amounts receivable within one year40/41€169k€160k▼
Trade receivables40€116k€113k▼
Other amounts receivable41€52k€48k▼
Current investments50/53€285k€1k▼
Cash at bank and in hand54/58€144k€164k▲
Deferred charges and accrued income490/1€3k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.32M€973k▼
Equity10/15€885k€949k▲
Contributions10/11€21k€21k=
Reserves13€864k€928k▲
Tax-exempt reserves132€26k€23k▼
Distributable reserves133€839k€905k▲
Provisions and deferred taxes16€13k€12k▼
Deferred taxes168€13k€12k▼
Amounts payable17/49€421k€13k▼
Amounts payable within one year42/48€421k€13k▼
Trade debts44€8k€306▼
Suppliers440/4€8k€306▼
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€4k€4k▼
Other amounts payable47/48€409k€9k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€31k▼
Other operating charges640/8€12k€6k▼
Gross operating margin9900€76k€75k▼
Operating profit (loss)9901€26k€39k▲
Financial income75/76B€5k€27k▲
Recurring financial income75€5k€27k▲
Financial charges65/66B€157€63▼
Recurring financial charges65€157€63▼
Profit (loss) for the period before taxes9903€31k€66k▲
Transfer from deferred taxes780€1k€1k=
Income taxes67/77€469€3k▲
Profit (loss) for the period9904€32k€64k▲
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€34k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€66k▲
Transfer from equity791/2€400k-
Transfer to equity691/2€34k€66k▲
To other reserves6921€34k€66k▲
Profit to be distributed694/7€400k-
Return on contributions (dividend)694€400k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €64k ▲99.9%
Operating result €39k, net result €64k, both a record.
30-06
Financial
Liquidity times 19current ratio 34.51
Current ratio from 1.78 to 34.51; short-term debt falls from €421k to €13k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €34k
Net result €34k after 4 loss-making years.
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Liquidity doublescurrent ratio 112.59
Current ratio from 54.16 to 112.59; short-term debt falls from €19k to €9k.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Pepingen · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lenniksesteenweg(E) 371671 PepingenGround area
1,479 m²
Building footprint
397 m²
Volume, LiDAR
2,436 m³
2 parcels, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
J. CORNELIS BVBA
since 19942.065.195.524
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23019A0105/00E000 | Flanders | 829 m² | 1 · 163 m² | 10.6 m · 1 fl. |
| 23019A0086/00K000 | Flanders | 649 m² | 1 · 234 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,136. 4,531 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-1993
Fiscal year end30-06
Activities, NACEBEL
43320Joinery installation
45421
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.