KORNÉL
ActiveThe computed 12-month bankruptcy probability of KORNÉL is 2.2% (moderate). The 2024 annual accounts show equity of €88k and a net result of €-10k. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 18939 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability6▼-69
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 9.2 against 10.13 in 2023; short-term debt: 8.7% and cash: 69.7% of total assets), and 8.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
91.3%
Return on assets
-10.6%
Age of the figures
21 mo
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 09-04-2025, 113 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
113 d early
2023
55 d early
2022
6 d early
2021
11 d early
2020
3 d early
2019
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€88k▼ 10.4%
2023 · €99k
2018: €32k
2019: €27k
2020: €68k
2021: €93k
2022: €93k
2023: €99k
2018 → 2024
Total assets
€97k▼ 10.4%
2023 · €108k
2018: €69k
2019: €54k
2020: €101k
2021: €137k
2022: €113k
2023: €108k
2018 → 2024
Net result
€-10k
2023 · €6k
2018: €16k
2019: €-5k
2020: €41k
2021: €25k
2022: €4
2023: €6k
2018 → 2024
Working capital
€69k▼ 8.6%
2023 · €76k
2018: €26k
2019: €10k
2020: €52k
2021: €75k
2022: €69k
2023: €76k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€68k-€93k▲ 36.0%€93k=€99k▲ 6.1%€88k▼ 10.4%
Operating result€60k-€35k▼ 41.0%€-631€10k€-7k
Net result€41k-€25k▼ 40.0%€4▼ 100.0%€6k▲ 147,277%€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €7k after €10k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €97k
Fixed assets
€19k▼ 20.0%
Current assets
€77k▼ 7.6%
Equity and liabilities €97k
Equity
€88k▼ 10.4%
Debt
€8k▼ 10.6%
The debt ratio stays at 8.7%.
Key figures and ratios
EBITDA
€-2k▼
2023 · €14k
Cash flow
€-5k▼
2023 · €10k
Solvency
91.3%=
2023 · 91.3%
Current ratio
9.20▼
2023 · 10.13
Quick ratio
8.37▼
2023 · 9.72
Debt / equity
0.10▼
2023 · 0.10
ROE
-11.6%▼
2023 · 5.7%
ROA
-10.6%▼
2023 · 5.2%
Interest coverage
-0.45▼
2023 · 7.50
Debt
€8k▼
2023 · €9k
Debt ≤ 1 year
€8k▲
2023 · €8k
Staff costs
€38k▲
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€108k€97k▼
Fixed assets21/28€24k€19k▼
Tangible fixed assets22/27€20k€15k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€14k€11k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€5k€5k=
Current assets29/58€84k€77k▼
Stocks and contracts in progress3€3k€7k▲
Stocks30/36€3k€7k▲
Amounts receivable within one year40/41€326€2k▲
Trade receivables40€321€44▼
Other amounts receivable41€5€2k▲
Cash at bank and in hand54/58€80k€68k▼
Deferred charges and accrued income490/1-€688
Equity and liabilities
Total equity and liabilities10/49€108k€97k▼
Equity10/15€99k€88k▼
Contributions10/11€30k€30k=
Reserves13€69k€66k▼
Distributable reserves133€69k€66k▼
Profit (loss) carried forward14-€-7k
Amounts payable17/49€9k€8k▼
Amounts payable after more than one year17€628-
Financial debts170/4€628-
Amounts payable within one year42/48€8k€8k▲
Current portion of amounts payable after more than one year42€2k€628▼
Trade debts44€388€2k▲
Suppliers440/4€388€2k▲
Taxes, remuneration and social security45€6k€4k▼
Taxes450/3€6k€4k▼
Other amounts payable47/48€115€2k▲
Accrued charges and deferred income492/3€510-
Income statement
Code20232024
Remuneration, social security and pensions62€2k€38k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€3k-
Gross operating margin9900€22k€38k▲
Operating profit (loss)9901€10k€-7k▼
Financial income75/76B€1k€61▼
Recurring financial income75€840€61▼
Non-recurring financial income76B€222-
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€9k€-10k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€6k€-10k▼
Profit (loss) for the period to be appropriated9905€6k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€-10k▼
Transfer from equity791/2-€3k
Transfer to equity691/2€6k-
To other reserves6921€6k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-10k ▼281%
Net result drops to €-10k, the lowest in the series.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 10.13
Current ratio from 4.89 to 10.13; short-term debt falls from €18k to €8k.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 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, Antwerpen · 1 establishment unit since 2015
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.
Sint-Lambertusstraat 12600 AntwerpenGround area
143 m²
Building footprint
143 m²
Volume, LiDAR
1,581 m³
Parcel 11003B0244/00V014, Flanders · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
KORNÉL
since 20152.248.075.463
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003B0244/00V014 | Flanders | 143 m² | 1 · 143 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.248.075.463
Similar companies · same sector, comparable size
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FLC PROD
BE 0628.551.387
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PROJECT COFFEE
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DS SKY
BE 0670.886.345
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Of 619 companies in sector 56309 we hold annual accounts for 118. 88 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2015
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56309Food and beverage service activities
47279Other retail sale of food
47299Retail trade
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.