Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
CORNALINE HOUSE from Brussel, company number BE0413668970, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year CORNALINE HOUSE recorded revenue of € 2.9 million and equity of € 7.2 million. Compared with financial year 2024, the result moved from € 817,941 to € 1.2 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 7.2 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ 41% vs 2024
Profit after tax over the fiscal year.
€ 1.7 million
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -3.3 million.
People and assets in 2025
€ 22,171
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12 million
▼ 18% vs 2024
Loans from banks and other lenders, long and short.
€ 111,345
▲ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 80,126
▼ 39% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,225,477 | € 2,462,673 | € 2,775,248 | € 2,891,449 | ▲ 4% |
| Profit after taxes | € -157,516 | € 263,241 | € 817,941 | € 1,156,389 | ▲ 41% |
| Equity | € 4,920,213 | € 5,183,454 | € 6,001,396 | € 7,157,785 | ▲ 19% |
| Total debts | € 20,015,478 | € 19,860,673 | € 15,908,012 | € 13,495,195 | ▼ 15% |
| Cash | € 4,554,977 | € 5,386,896 | € 2,271,115 | € 1,662,351 | ▼ 27% |
| Land & buildings | € 18,669,536 | € 17,881,419 | € 17,111,526 | € 16,356,193 | ▼ 4% |
| Retained profit | € -5,579,787 | € -5,316,546 | € -4,498,604 | € -3,342,215 | ▲ € 1.2 million |
| Bank debt | € 18,655,872 | € 18,655,872 | € 14,655,872 | € 12,000,000 | ▼ 18% |
| Balance sheet total | € 24,935,691 | € 25,044,127 | € 21,909,408 | € 20,652,980 | ▼ 6% |
Key figures of CORNALINE HOUSE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CORNALINE HOUSE?
What happened at CORNALINE HOUSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.2 million (▲ 41% vs 2024). Source: NBB ↗
- ALTO HOLDCAP became a director. NBB
- Antoine BARBIER stepped down as director. NBB
- Antonio Philippe SILVA stepped down as director. NBB
- Arsène MARQUES stepped down as director. NBB
- Arsène MARQUES became a director. NBB
- Antoine BARBIER became a director. NBB
- Antonio Philippe SILVA became a director. NBB
In short
From € 157,516 loss in 2022 to € 1.2 million profit in 2025.
Paid € 80,126 in corporate taxes since 2022.
Best year ever: 2025, with € 1.2 million profit.
Pays suppliers within 45 days on average.
A new publication or filing at CORNALINE HOUSE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CORNALINE HOUSE is ALTO HOLDCAP. The shares are held by CORNALINE HOUSE HOLDING Scom (100%).
Directors
According to the 2025 annual accounts
Manager · represented by Michael DESPIEGELAERE
since 2025
since 2021 · until 2025
Arsène MARQUES
Director
since 2023 · until 2025
since 2020 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
De Praeterestraat 2
1000 Brussel
Louizalaan 235
1050 Brussel
Active since 1 March 1974
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0413.668.970
- VAT number
- BE 0413.668.970
- Registered office
- De Praeterestraat 2, 1000 Brussel
- Names & denominations
- CORNALINE HOUSE
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 31 August 1973
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen