LA CORNETTE
ActiveSummary
LA CORNETTE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €420k and a net result of €-24k. Equity is shrinking by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▲+54
Solvency59▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.07 in 2024; short-term debt: 60.4% and cash: 4.7% of total assets), and 66.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-24k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
24 d early
2023
23 d early
2022
25 d late
2021
68 d late
2020
144 d late
2019
59 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-24k▲ 66.5%
2024 · €-73k
2018: €45k
2019: €40k▼ -9.6% vs 2018
2020: €406k▲ +903% vs 2019highest in 8 years
2021: €-29k▼ -107% vs 2020
2022: €-27k▲ +4.3% vs 2021
2023: €-61k▼ -123% vs 2022
2024: €-73k▼ -19.7% vs 2023lowest in 8 years
2025: €-24k▲ +66.5% vs 2024
2018 → 2025
Working capital
€-692k▲ 1.9%
2024 · €-705k
2018: €135k
2019: €161k▲ +19.9% vs 2018
2020: €571k▲ +253% vs 2019highest in 8 years
2021: €397k▼ -30.5% vs 2020
2022: €50k▼ -87.5% vs 2021
2023: €-438k▼ -983% vs 2022
2024: €-705k▼ -61.2% vs 2023lowest in 8 years
2025: €-692k▲ +1.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€706k-€579k▼ 18.0%€518k▼ 10.5%€445k▼ 14.1%€420k▼ 5.5%
2021: €706khighest in 5 years
2022: €579k▼ -18.0% vs 2021
2023: €518k▼ -10.5% vs 2022
2024: €445k▼ -14.1% vs 2023
2025: €420k▼ -5.5% vs 2024lowest in 5 years
Operating result€-31k-€-39k▼ 23.6%€-58k▼ 50.0%€-76k▼ 31.6%€-28k▲ 63.0%
2021: €-31k
2022: €-39k▼ -23.6% vs 2021
2023: €-58k▼ -50.0% vs 2022
2024: €-76k▼ -31.6% vs 2023lowest in 5 years
2025: €-28k▲ +63.0% vs 2024highest in 5 years
Net result€-29k-€-27k▲ 4.3%€-61k▼ 123%€-73k▼ 19.7%€-24k▲ 66.5%
2021: €-29k
2022: €-27k▲ +4.3% vs 2021
2023: €-61k▼ -123% vs 2022
2024: €-73k▼ -19.7% vs 2023lowest in 5 years
2025: €-24k▲ +66.5% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €28k in 2025 against €76k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.25M
Fixed assets
€1.19M ▼ 3.5%
Current assets
€63k ▲ 19.4%
Equity and liabilities €1.25M
Equity
€420k ▼ 5.5%
Provisions
€74k ▼ 5.9%
Debt
€756k ▼ 0.5%
Debt's share of the balance-sheet total rises from 59.2% to 60.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€51k▲
2024 · €-6k
Cash flow
€55k▲
2024 · €-3k
Current ratio
0.08▲
2024 · 0.07
Debt to equity
1.80▲
2024 · 1.71
ROE
-5.8%▲
2024 · -16.4%
ROA
-2.0%▲
2024 · -5.7%
Interest coverage
152.70▲
2024 · -5.99
Debt ≤ 1 year
€755k▼
2024 · €758k
Income taxes
€500
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.28M€1.25M▼
Fixed assets21/28€1.23M€1.19M▼
Tangible fixed assets22/27€1.23M€1.19M▼
Land and buildings22€1.18M€1.15M▼
Furniture and vehicles24€52k€34k▼
Current assets29/58€53k€63k▲
Amounts receivable within one year40/41€37k€326▼
Other amounts receivable41€37k€326▼
Cash at bank and in hand54/58€13k€59k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.28M€1.25M▼
Equity10/15€445k€420k▼
Contributions10/11€68k€68k=
Reserves13€274k€260k▼
Tax-exempt reserves132€234k€221k▼
Distributable reserves133€39k€39k=
Profit (loss) carried forward14€103k€92k▼
Provisions and deferred taxes16€78k€74k▼
Deferred taxes168€78k€74k▼
Amounts payable17/49€759k€756k▼
Amounts payable within one year42/48€758k€755k▼
Current portion of amounts payable after more than one year42€4k-
Trade debts44€14k€12k▼
Suppliers440/4€14k€12k▼
Advances received on contracts in progress46€2k-
Other amounts payable47/48€738k€743k▲
Accrued charges and deferred income492/3€918€735▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€79k▲
Other operating charges640/8€919€5k▲
Gross operating margin9900€-5k€56k▲
Operating profit (loss)9901€-76k€-28k▲
Financial income75/76B€17€166▲
Recurring financial income75€17€166▲
Financial charges65/66B€1k€332▼
Recurring financial charges65€1k€332▼
Profit (loss) for the period before taxes9903€-77k€-28k▲
Transfer from deferred taxes780€5k€5k=
Income taxes67/77-€500
Profit (loss) for the period9904€-73k€-24k▲
Transfer from tax-exempt reserves789€14k€14k=
Profit (loss) for the period to be appropriated9905€-59k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€103k€92k▼
Profit (loss) brought forward from the previous period14P€162k€103k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €4k | - | - | - | - | - |
| Remuneration, social security and pensions62 | €14k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €27k | €47k | €70k | €79k | ▲ 12.8% |
| Other operating charges640/8 | €1k | €2k | €2k | €919 | €5k | ▲ 445% |
| Gross operating margin9900 | €-5k | €-11k | €-9k | €-5k | €56k | ▲ 1,129% |
| Operating profit (loss)9901 | €-31k | €-39k | €-58k | €-76k | €-28k | ▲ 63.0% |
| Financial income75/76B | €15 | €1 | €27 | €17 | €166 | ▲ 879% |
| Recurring financial income75 | €15 | €1 | €27 | €17 | €166 | ▲ 879% |
| Financial charges65/66B | €1k | €1k | €813 | €1k | €332 | ▼ 68.6% |
| Recurring financial charges65 | €1k | €1k | €813 | €1k | €332 | ▼ 68.6% |
| Profit (loss) for the period before taxes9903 | €-32k | €-40k | €-59k | €-77k | €-28k | ▲ 63.2% |
| Transfer from deferred taxes780 | - | €13k | €5k | €5k | €5k | = |
| Income taxes67/77 | €-4k | €215 | €7k | - | €500 | - |
| Profit (loss) for the period9904 | €-29k | €-27k | €-61k | €-73k | €-24k | ▲ 66.5% |
| Transfer from tax-exempt reserves789 | - | - | €14k | €14k | €14k | = |
| Profit (loss) for the period to be appropriated9905 | €-29k | €-27k | €-47k | €-59k | €-11k | ▲ 82.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €751k | €754k | €1.10M | €1.28M | €1.25M | ▼ 2.5% |
| Fixed assets21/28 | €339k | €634k | €1.04M | €1.23M | €1.19M | ▼ 3.5% |
| Tangible fixed assets22/27 | €335k | €630k | €1.04M | €1.23M | €1.19M | ▼ 3.5% |
| Land and buildings22 | €286k | €592k | €1.01M | €1.18M | €1.15M | ▼ 2.1% |
| Furniture and vehicles24 | €49k | €38k | €26k | €52k | €34k | ▼ 35.0% |
| Financial fixed assets28 | €4k | €4k | €4k | - | - | - |
| Current assets29/58 | €412k | €120k | €55k | €53k | €63k | ▲ 19.4% |
| Amounts receivable within one year40/41 | €19k | €18k | €27k | €37k | €326 | ▼ 99.1% |
| Trade receivables40 | - | €2k | €5k | - | - | - |
| Other amounts receivable41 | €19k | €16k | €22k | €37k | €326 | ▼ 99.1% |
| Current investments50/53 | €988 | €988 | €988 | - | - | - |
| Cash at bank and in hand54/58 | €392k | €101k | €25k | €13k | €59k | ▲ 368% |
| Deferred charges and accrued income490/1 | €834 | €808 | €2k | €3k | €4k | ▲ 27.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €751k | €754k | €1.10M | €1.28M | €1.25M | ▼ 2.5% |
| Equity10/15 | €706k | €579k | €518k | €445k | €420k | ▼ 5.5% |
| Contributions10/11 | €68k | €68k | €68k | €68k | €68k | = |
| Reserves13 | €429k | €301k | €287k | €274k | €260k | ▼ 5.0% |
| Non-distributable reserves130/1 | €8k | €8k | - | - | - | - |
| Reserves not available under the articles1311 | €8k | €8k | - | - | - | - |
| Tax-exempt reserves132 | €390k | €262k | €248k | €234k | €221k | ▼ 5.9% |
| Distributable reserves133 | €31k | €31k | €39k | €39k | €39k | = |
| Profit (loss) carried forward14 | €208k | €209k | €162k | €103k | €92k | ▼ 10.4% |
| Provisions and deferred taxes16 | - | €87k | €83k | €78k | €74k | ▼ 5.9% |
| Deferred taxes168 | - | €87k | €83k | €78k | €74k | ▼ 5.9% |
| Amounts payable17/49 | €45k | €88k | €497k | €759k | €756k | ▼ 0.5% |
| Amounts payable after more than one year17 | €30k | €17k | €4k | - | - | - |
| Financial debts170/4 | €30k | €17k | €4k | - | - | - |
| Amounts payable within one year42/48 | €15k | €71k | €492k | €758k | €755k | ▼ 0.4% |
| Current portion of amounts payable after more than one year42 | - | - | €13k | €4k | - | - |
| Financial debts43 | €12k | €13k | - | - | - | - |
| Credit institutions430/8 | €12k | €13k | - | - | - | - |
| Trade debts44 | €3k | €15k | €56k | €14k | €12k | ▼ 15.3% |
| Suppliers440/4 | €3k | €15k | €56k | €14k | €12k | ▼ 15.3% |
| Advances received on contracts in progress46 | - | - | - | €2k | - | - |
| Taxes, remuneration and social security45 | €458 | - | - | - | - | - |
| Taxes450/3 | €458 | - | - | - | - | - |
| Other amounts payable47/48 | - | €43k | €423k | €738k | €743k | ▲ 0.7% |
| Accrued charges and deferred income492/3 | - | - | - | €918 | €735 | ▼ 20.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-29k | €-27k | €-61k | €-73k | €-24k | ▲ 66.5% |
| + Depreciation and write-downs630 | €11k | €27k | €47k | €70k | €79k | ▲ 12.8% |
| Operating cash flow (approximation) | €-17k | €-773 | €-14k | €-3k | €55k | ▲ 2,053% |
| Investment in fixed assets (approximation) | - | €-321k | €-456k | €-257k | €-36k | ▲ 85.8% |
| Change in cash | - | €-291k | €-76k | €-12k | €46k | ▲ 479% |
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
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-73k
Net result drops to €-73k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
07-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 68 days late
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 144 days late
2020
31-12
Financial
Highest result since 2018net €406k ▲903%
Net result €406k, the highest in the series.
31-12
Financial
Liquidity times 11current ratio 39.21
Current ratio from 3.44 to 39.21; short-term debt falls from €66k to €15k.
31-12
Financial
Equity above €500kEq €734k ▲124%
3 profitable years in a row build equity to €734k.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Chastre · 1 establishment unit since 2014
Ground area
1,613 m²
Building footprint
194 m²
Volume, LiDAR
1,449 m³
2 parcels, Wallonia · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LA CORNETTE
since 20142.229.568.061
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25017B0032/00P003indicative | Wallonia | 813 m² | 1 · 97 m² | 8.8 m · 2 fl. |
| 25017B0032/00H003 | Wallonia | 800 m² | 1 · 97 m² | 9.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
HAZER
BE 0799.371.258
Heusden-Zolder · Eq €420,748
GAUF KID'S
BE 0864.285.935
Wavre · Eq €421,419
CORICA
BE 0443.680.968
Brussel · Eq €421,905
Ghazna Bazaar
BE 0752.774.042
Antwerpen · Eq €418,833
NEW AZUGENA
BE 0808.644.161
Antwerpen · Eq €422,245
Of 10,510 companies in sector 47110 we hold annual accounts for 5,851. 3,370 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-03-2014
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47221Retail sale of meat and meat products, excluding game and poultry
47271Retail trade
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Contact
E-mail
ceo@radema.beChastre
E-mail
lacornettesprl@gmail.comChastre
Phone
+32485553576Chastre
Phone
010/245290Chastre
Scores and ratios are computed by Checked and are not a credit decision.