Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 17.1 to 15.1.
Financials
Financial year 2025
CORNELIS from Oostende, company number BE0416894914, closed financial year 2025 with a result of € -56,412 after tax. For that financial year CORNELIS recorded a gross margin of € 804,353 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 435,268 to € -56,412. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 27, 2026.
€ 1.7 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -56,412
▼ still € 435,268 profit in 2024
Profit after tax over the fiscal year.
€ 705,297
▲ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.6 million.
People and assets in 2025
15.1
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 746,943
▼ 5% vs 2024
€ 49,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 56,606
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7,173
▼ 75% vs 2024
Loans from banks and other lenders, long and short.
€ 700,201
▲ € 568,964 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,514
▼ 93% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,625,221 | € 1,449,644 | € 1,387,995 | € 804,353 | ▼ 42% |
| Profit after taxes | € 777,636 | € 513,621 | € 435,268 | € -56,412 | ▼ € 491,679 |
| Equity | € 1,552,554 | € 1,687,634 | € 1,801,563 | € 1,745,151 | ▼ 3% |
| Total debts | € 1,151,986 | € 799,640 | € 601,586 | € 710,588 | ▲ 18% |
| Cash | € 854,538 | € 703,566 | € 396,343 | € 705,297 | ▲ 78% |
| Retained profit | € 1,432,554 | € 1,567,634 | € 1,681,563 | € 1,625,151 | ▼ 3% |
| Dividend | € 573,385 | € 378,541 | € 321,339 | € 0 | ▼ 100% |
| Bank debt | € 98,310 | € 58,749 | € 28,547 | € 7,173 | ▼ 75% |
| Balance sheet total | € 2,704,540 | € 2,487,274 | € 2,403,149 | € 2,455,739 | ▲ 2% |
| Employees (FTE) | 15.3 | 17.1 | 16.7 | 15.1 | ▼ 1.6 |
Key figures of CORNELIS, 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 CORNELIS?
What happened at CORNELIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 56,412 (▼ € 491,679 vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- maViLou BV became a director. NBB
- New establishment in Middelkerke. KBO
- ARTHIB BV became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 777,636 profit in 2022 to € 56,412 loss in 2025.
Paid € 157,334 in corporate taxes since 2022.
Best year ever: 2022, with € 777,636 profit.
On average € 53,300 of value added per employee in 2025.
Management
The stake of maViLou comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CORNELISBehind CORNELIS are PATCOR BV, ARTHIB BV and maViLou BV. The shares are held by maViLou (100%).
Directors
According to the 2025 annual accounts
Director · represented by Patrick Cornelis
Also active at: Corfectie, COROPA BEHEER, DECO CONSTRUCT, SELECT HOME S.C.
Director · represented by Geert Claeys
since 2023
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nieuwpoortsesteenweg 569-571
8400 Oostende
Nieuwpoortsesteenweg 569
8400 Oostende
Active since 3 March 1977
De Middelpolder 33
8430 Middelkerke
Active since 1 April 2025
Nieuwpoortsesteenweg 250-254
8400 Oostende
Active since 1 January 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0416.894.914
- VAT number
- BE 0416.894.914
- Registered office
- Nieuwpoortsesteenweg 569-571, 8400 Oostende
- Names & denominations
- CORNELIS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1976
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected] 059/55.09.10
- Activities · NACE
Overige werkzaamheden in verband met de afwerking van gebouwen
Schilderen van gebouwen
Schilderen
Groothandel in niet-elektrische huishoudelijke artikelen
Detailhandel in tapijten en andere vloerbedekking en wandbekleding
Groothandel in reinigingsmiddelen
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten
+3