Financials
- Fiscal year
- 2025
- Total assets
- €96,269
- Loss
- -€1,691
- Solvency
- 82.3%
Total assets▼ 6.8%
Net result
20182025
Philippe CORNET
ActiveSummary
Philippe CORNET has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79,213 and a net result of -€1,691. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 80% of 14009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Activities of bailiffs
NACE 69103
1 site
How big
€96,269total assets 2025
- Equity
- €79,213
- Loss
- -€1,691
Turnover not published (abridged schema)
Who decides
Accounts 1 d early0 of 3 deeds read
Why 95+ Liquidity: current ratio 5.39, cash €44,340+ Sector Legal and accounting activities (NACE 69)+ Equity €79,213 (82.3% of total assets)+ Size: total assets €96,269Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Better than 57% of its sector peers (NACE 69, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 82.3% of total assets
Liquidity
99=
short-term debt 10.8% · cash 46.1%
Profitability
67+5
return on assets -1.8%
Bankruptcy probability, 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).
Last 24 months
11-2024: 0.1%highest value
12-2024: 0.1%● 0.0% vs 11-2024highest value
01-2025: 0.1%● 0.0% vs 12-2024highest value
02-2025: 0.1%● 0.0% vs 01-2025highest value
03-2025: 0.1%● 0.0% vs 02-2025highest value
04-2025: 0.1%● 0.0% vs 03-2025highest value
05-2025: 0.1%● 0.0% vs 04-2025highest value
06-2025: 0.1%● 0.0% vs 05-2025highest value
07-2025: 0.1%● 0.0% vs 06-2025highest value
08-2025: 0.1%● 0.0% vs 07-2025highest value
09-2025: 0.1%● 0.0% vs 08-2025highest value
10-2025: 0.1%● 0.0% vs 09-2025highest value
11-2025: 0.1%● 0.0% vs 10-2025highest value
12-2025: 0.1%● 0.0% vs 11-2025highest value
01-2026: 0.1%● 0.0% vs 12-2025highest value
02-2026: 0.1%● 0.0% vs 01-2026highest value
03-2026: 0.1%● 0.0% vs 02-2026highest value
04-2026: 0.1%● 0.0% vs 03-2026highest value
05-2026: 0.1%● 0.0% vs 04-2026highest value
06-2026: 0.1%● 0.0% vs 05-2026highest value
07-2026: 0.1%● 0.0% vs 06-2026highest value
08-2026: 0.1%● 0.0% vs 07-2026highest value
09-2026: 0.1%● 0.0% vs 08-2026highest value
10-2026: 0.1%● 0.0% vs 09-2026highest value
- Liquidity: current ratio 5.39, cash €44,340 lowers the probability
- Sector Legal and accounting activities (NACE 69) lowers the probability
- Equity €79,213 (82.3% of total assets) lowers the probability
- Size: total assets €96,269 lowers the probability for this profile
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 5.39 against 5.46 in 2024; short-term debt: 10.8% and cash: 46.1% of total assets), and 17.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 69, micro). Better than this share of them on solvency 86%, liquidity 94%, profitability 16%, growth against the median 30%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 -€1,691
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
140 d early
2023
9 d late
2022
7 d late
2021
31 d early
2020
27 d late
2019
11 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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. Usually files around 30 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 30-07-2026Annual accounts filed
- 13-03-2025Annual accounts filed
- 09-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Activities of bailiffsNACE 69103
- Founded
- 13-11-2009
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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