Transport Cornelis

Active

Public limited companyfounded 1973active for 53 yearsNieuwenrodestraat 60, 1861 Meise, BelgiumKBO/BCE: BE 0413.646.602

Summary

Transport Cornelis has been active since 1973 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €1.7m. Equity is growing by about 3.3% per year across the filed financial years. Its solvency ranks better than 29% of 1,078 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

Transport CornelisActiveChecked score 92/100

Risk analysis Report Compare

Activity

Freight transport by road

NACE 49410

2nd largest company by total assets in Meise, Transport and storage sector1 site

Size

€17.8mturnover 2025

Staff: 50.4 FTE
Equity: €1.8m
Profit: €1.7m

Financial health

92 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

Parent: DIALCO · 82.76%
Board: 4 members

CE MANAGEMENTManaging director · permanent representative Cornelis Edy

Auditor: Groupe Audit Belgium2025 accounts 45 days early3 of 11 deeds summarised

Why 92raises riskSector: Land transport and transport via pipelines (NACE 49)Equity €1.8m (22.6% of total assets)lowers riskFounded in 1973Profit of €1.7m (financial year 2025)Show the evidence

Checked score

Score 2025

92 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 74% of its sector peers (NACE 49, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 48+22

equity 22.6% of total assets

Liquidity 47-11

short-term debt 52.1% · cash 18.4%

Profitability 92+92

return on assets 21.8%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (273 companies, NACE 49, medium-sized)

Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 1.4%▲ +1.3 percentage points vs 01-2025highest value 03-2025: 1.4%● unchanged vs 02-2025highest value 04-2025: 1.4%● unchanged vs 03-2025highest value 05-2025: 1.4%● unchanged vs 04-2025highest value 06-2025: 1.4%● unchanged vs 05-2025highest value 07-2025: 1.4%● unchanged vs 06-2025highest value 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.3%▼ -0.1 percentage points vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.4%▲ +0.1 percentage points vs 11-2025 01-2026: 0.2%▼ -1.2 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026

Credit of up to €160,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.2, compared with 1.7 in 2024, below the usual 1.5; short-term debt: 52.1% and cash: 18.4% of total assets), and 77.4% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, medium-sized): better than 36% on solvency, 73% on liquidity, 97% on profitability and 91% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Sector: Land transport and transport via pipelines (NACE 49)

KBO

Equity €1.8m (22.6% of total assets)

NBB · annual accounts

Founded in 1973

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Profit of €1.7m (financial year 2025)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-12-2025, 45 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

45 days early

2024

21 days early

2023

5 days early

2022

1 day early

2021

24 days early

2020

2 days early

2019

on the day

← 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 14 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 10 January (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end31-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

17-12-2025 Annual accounts filedfinancial year 2025 · full…
30-06-2025 Back to profitnet €1.7m
30-06-2025 Equity above €1mequity €1.8m ▲2,538%

Key points

Positive: Equity rose in 2025from €67,123 to €1.8m ▲ 26× View
Positive: Among the best 5% on net resultsector median €49,407 · 1,076 companies €1.7m View
Positive: 5 years of growth in a rowturnover 2025: €17.8m 5 years View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Controlled by DIALCO 82.76% View
Active since 1973founded 10-08-1973 53 years View

By topic

Financials

Financial year: 2025
Turnover: €17.8m
Profit: €1.7m
Solvency: 22.6%

Turnover▲ 12.8%

Net result

20192025

Go to Financials

Board & ownership

Board: 4 members
Parent: DIALCO · 82.76%
Auditor: Groupe Audit Belgium

CDP BVDirector
CORNELIS LUCManaging director
Cornelis Paul BVDirector
CE MANAGEMENTManaging director

Go to Board & ownership

Timeline

Events: 54
Since: 1978
Next accounts: by 31-01-2027

10-01-2025Annual accounts filed
30-06-2024Weakest financial year
26-01-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Freight transport by roadNACE 49410
Founded: 10-08-1973
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 36

Purpose: “Alle vervoer voor rekening van derden in de ruimste zin opgevat,in binnen- en…” (deed in Dutch)

Go to Articles of association

Key facts about Transport Cornelis

What is the company number of Transport Cornelis?: 0413.646.602. In Belgium the VAT number is the company number with BE in front: BE 0413.646.602.
Where is Transport Cornelis based?: The registered office is at Nieuwenrodestraat 60, 1861 Meise.Company details
What does Transport Cornelis do?: According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of Transport Cornelis?: Public limited company (NV).
When was Transport Cornelis founded?: On 10-08-1973.
Is Transport Cornelis still active?: Yes, Transport Cornelis is an active enterprise in the KBO register.
How many employees does Transport Cornelis have?: On average 50.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Transport Cornelis?: €17.8m in financial year 2025, according to the filed annual accounts.
Is Transport Cornelis profitable?: In financial year 2025, Transport Cornelis made a profit of €1.7m.
Where can I find the annual accounts of Transport Cornelis?: Transport Cornelis filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Transport Cornelis due?: By 31-01-2027, for financial year 2026.Timeline