STIJN CORNILLY
ActiveSTIJN CORNILLY has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.59M and a net result of €138k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 43% of 1199 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-18
Solvency61▼-13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity short (current ratio 0.29 against 1.21 in 2024; short-term debt: 38.1% and cash: 0.9% of total assets), and 63.9% 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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
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
36.1%
Return on assets
3.1%
Age of the figures
9 mo
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
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
2 d early
2023
2 d late
2022
60 d late
2021
4 d late
2020
4 d late
2019
2 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.59M▲ 3.8%
2024 · €1.53M
2018: €736k
2019: €820k
2020: €905k
2021: €939k
2022: €987k
2023: €1.02M
2024: €1.53M
2018 → 2025
Total assets
€4.41M▲ 40.2%
2024 · €3.15M
2018: €1.94M
2019: €1.98M
2020: €1.98M
2021: €2.49M
2022: €2.86M
2023: €2.63M
2024: €3.15M
2018 → 2025
Net result
€138k▼ 75.2%
2024 · €557k
2018: €18k
2019: €84k
2020: €85k
2021: €34k
2022: €108k
2023: €37k
2024: €557k
2018 → 2025
Working capital
€-1.19M
2024 · €68k
2018: €-128k
2019: €-201k
2020: €-136k
2021: €-137k
2022: €-332k
2023: €-342k
2024: €68k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€939k-€987k▲ 5.1%€1.02M▲ 3.8%€1.53M▲ 49.8%€1.59M▲ 3.8%
Operating result€94k-€174k▲ 85.0%€90k▼ 48.2%€736k▲ 715%€273k▼ 63.0%
Net result€34k-€108k▲ 218%€37k▼ 65.5%€557k▲ 1,401%€138k▼ 75.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 63% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.41M
Fixed assets
€3.92M▲ 42.4%
Current assets
€489k▲ 24.8%
Equity and liabilities €4.41M
Equity
€1.59M▲ 3.8%
Provisions
€135k▼ 2.6%
Debt
€2.69M▲ 82.1%
The debt ratio rises from 46.9% to 60.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€647k▼
2024 · €831k
Cash flow
€512k▼
2024 · €653k
Solvency
36.1%▼
2024 · 48.7%
Current ratio
0.29▼
2024 · 1.21
Quick ratio
0.27▼
2024 · 0.99
Debt / equity
1.69▲
2024 · 0.96
ROE
8.7%▼
2024 · 36.3%
ROA
3.1%▼
2024 · 17.7%
Interest coverage
8.65▼
2024 · 18.22
Debt
€2.69M▲
2024 · €1.48M
Debt ≤ 1 year
€1.68M▲
2024 · €325k
Debt > 1 year
€1.01M▼
2024 · €1.12M
Income taxes
€68k▲
2024 · €9k
Staff costs
€-735▼
2024 · €62k
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€3.15M€4.41M▲
Fixed assets21/28€2.76M€3.92M▲
Tangible fixed assets22/27€2.76M€3.92M▲
Land and buildings22€2.65M€3.86M▲
Plant, machinery and equipment23€20k€42k▲
Furniture and vehicles24€26k€19k▼
Leasing and similar rights25€0-
Other tangible fixed assets26€56k€0▼
Assets under construction and advance payments27€0-
Financial fixed assets28€251€251=
Current assets29/58€392k€489k▲
Amounts receivable after more than one year29-€167k
Other amounts receivable291-€167k
Stocks and contracts in progress3€70k€36k▼
Stocks30/36€34k€36k▲
Contracts in progress37€36k€0▼
Amounts receivable within one year40/41€280k€99k▼
Trade receivables40€11k€17k▲
Other amounts receivable41€269k€82k▼
Cash at bank and in hand54/58€40k€39k▼
Deferred charges and accrued income490/1€2k€148k▲
Equity and liabilities
Total equity and liabilities10/49€3.15M€4.41M▲
Equity10/15€1.53M€1.59M▲
Contributions10/11€370k€370k=
Reserves13€1.09M€1.15M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€556k€542k▼
Distributable reserves133€532k€605k▲
Profit (loss) carried forward14€75k€75k=
Provisions and deferred taxes16€139k€135k▼
Deferred taxes168€139k€135k▼
Amounts payable17/49€1.48M€2.69M▲
Amounts payable after more than one year17€1.12M€1.01M▼
Financial debts170/4€1.12M€1.01M▼
Amounts payable within one year42/48€325k€1.68M▲
Current portion of amounts payable after more than one year42€113k€114k▲
Financial debts43€100k€1.33M▲
Credit institutions430/8€100k€1.33M▲
Trade debts44€26k€222k▲
Suppliers440/4€26k€222k▲
Advances received on contracts in progress46€0€3k▲
Taxes, remuneration and social security45€86k€15k▼
Taxes450/3€84k€15k▼
Remuneration and social security454/9€2k€0▼
Accrued charges and deferred income492/3€31k€2k▼
Income statement
Code20242025
Non-recurring operating income76A€868k€15k▼
Remuneration, social security and pensions62€62k€-735▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95k€374k▲
Other operating charges640/8€12k€14k▲
Non-recurring operating charges66A-€56k
Gross operating margin9900€905k€716k▼
Operating profit (loss)9901€736k€273k▼
Financial income75/76B€14k€5k▼
Recurring financial income75€14k€5k▼
Financial charges65/66B€46k€75k▲
Recurring financial charges65€46k€75k▲
Profit (loss) for the period before taxes9903€705k€202k▼
Transfer from deferred taxes780-€4k
Transfer to deferred taxes680€139k€0▼
Income taxes67/77€9k€68k▲
Profit (loss) for the period9904€557k€138k▼
Transfer from tax-exempt reserves789-€15k
Transfer to tax-exempt reserves689€556k€0▼
Profit (loss) for the period to be appropriated9905€1k€153k▲
Appropriation of the result
Profit (loss) to be appropriated9906€76k€228k▲
Profit (loss) brought forward from the previous period14P€75k€75k=
Transfer from equity791/2€48k€80k▲
Transfer to equity691/2€1k€153k▲
To other reserves6921€1k€153k▲
Profit to be distributed694/7€48k€80k▲
Return on contributions (dividend)694€48k€80k▲
Social balance
Average headcount (FTE)90872.40.0▼
The notes to these accounts (29 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €557k ▲1401%
Operating result €736k, net result €557k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.21
Current ratio from 0.42 to 1.21; short-term debt falls from €592k to €325k.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 2 days late
2023
31-12
Financial
Equity above €1MEq €1.02M ▲3.8%
6 profitable years in a row build equity to €1.02M.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 4 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brugge · 1 establishment unit since 2005
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.
Puienbroeklaan 328310 BruggeGround area
1,099 m²
Building footprint
167 m²
Volume, LiDAR
2,556 m³
Parcel 31029B0213/00D003, Flanders · tallest building 26.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Stijn Cornilly
since 20052.147.960.674
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31029B0213/00D003 | Flanders | 1,099 m² | 1 · 167 m² | 26.3 m · 6 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.
Similar companies · same sector, comparable size
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ROGECO
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PIETER VAN HENDE
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Emeraude
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Of 21,219 companies in sector 81300 we hold annual accounts for 4,363. 1,325 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-07-2005
Fiscal year end31-12
Activities, NACEBEL
01410Raising of dairy cattle
81300Landscape service activities
43120Site preparation
45112
68201Renting and operating of own or leased residential real estate, excluding social housing
70201
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.