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TRANSPORTS CORNELY

Active
Private limited companyfounded 1982active for 44 yearsFeldweg 1, 4701 Eupen, BelgiumKBO/BCE: BE 0423.165.666
Summary

TRANSPORTS CORNELY has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €800,288 and a net result of €80,275. Equity has been growing by about 7.3% per year since 2018. Its solvency ranks better than 77% of 1,081 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 24-09-1982 Normal situation
Activity
Freight transport by road NACE 49410and 1 other
Joint committee
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden · annual accounts 2025
Establishment units
4 establishment units
Financial year end
31 December
Peppol
Reachable since 30-12-2025

Board and ownership

Board

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€459,541
▼ 5.1%
Turnover
≈ €990,000
estimated
Profit
€80,275
▲ 5.0%
Equity
€800,288
▼ 20.3%
Total assets
€1.2m
▲ 8.4%
Employees on 31-12-2025
4
=
Filed on 30-05-2026, 62 days before the deadline
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1982Size: 4 FTE, total assets €1.2mEquity €800,288 (66.4% of total assets)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 50% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Strong
Solvency 91-9
equity 66.4% of total assets
Liquidity 45-22
short-term debt 33.6% · cash 7.4%
Profitability 77=
return on assets 6.7%
Bankruptcy probability within 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 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value 11-2026: 0.2%● unchanged vs 10-2026highest value
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.16 (7.29 in 2024), above the usual 1.5. Short-term debt is 33.6% and cash 7.4% of total assets. 33.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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, micro). It does better than 78% of them on solvency, 44% on liquidity, 59% on profitability and 21% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Founded in 1982
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 4 FTE, total assets €1.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €800,288 (66.4% of total assets)
NBB · annual accounts
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 30-05-2026, 62 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
62 days early
2024
70 days early
2023
70 days early
2022
88 days early
2021
75 days early
2020
85 days early
2019
81 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 76 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 3rd oldest company in Eupen, Transport and storage sectorin the Checked rankings No. 3 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €80,275 8 years View

Comparable companies

These companies have the same main activity as TRANSPORTS CORNELY: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €1m and €1.4m, founded between 1976 and 1988.

CompanyTotal assetsGross margin
TRANSPORTS CORNELY Eupen€1.2m€0.5m
MAISON DE RIDDER Ellezelles€1.2m€0.4m
VANWEZEMAEL Halen€1.3m€0.4m
WYFFELS SERVICES Waregem€1.4m€0.5m
EL DUQUE-TRANS Ternat€1.4m€0.5m
Transport VAHATRANS Zele€1.0m€0.5m
TRANSPORT VANELDEREN Sint-Truiden€1.2m€0.6m
Full comparison

Key facts about TRANSPORTS CORNELY

What is the company number of TRANSPORTS CORNELY?
The company number of TRANSPORTS CORNELY is 0423.165.666. The VAT number is the same number with BE in front: BE 0423.165.666.
Where is TRANSPORTS CORNELY based?
The registered office is at Feldweg 1, 4701 Eupen.Company details
What does TRANSPORTS CORNELY do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of TRANSPORTS CORNELY?
The legal form of TRANSPORTS CORNELY is Private limited company (BV).
When was TRANSPORTS CORNELY founded?
TRANSPORTS CORNELY was founded on 24-09-1982.
Is TRANSPORTS CORNELY still active?
Yes, TRANSPORTS CORNELY is an active enterprise in the KBO register.
How many employees does TRANSPORTS CORNELY have?
TRANSPORTS CORNELY had an average of 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TRANSPORTS CORNELY fall under?
In its 2025 annual accounts, TRANSPORTS CORNELY states joint committee 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden).
What is the turnover of TRANSPORTS CORNELY?
The turnover in financial year 2025 is ≈ €990,000. This figure is estimated from the gross margin of €459,541 and 38 comparable companies (NACE 49410). It probably lies between €780,000 and €1.5m.
Is TRANSPORTS CORNELY profitable?
In financial year 2025, TRANSPORTS CORNELY made a profit of €80,275.
Where can I find the annual accounts of TRANSPORTS CORNELY?
TRANSPORTS CORNELY filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TRANSPORTS CORNELY due?
TRANSPORTS CORNELY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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