Financials
Financial year 2025
CORNILLIE from Izegem, company number BE0423738263, closed financial year 2025 with a result of € 48,134 after tax. For that financial year CORNILLIE recorded a gross margin of € 113,541 and equity of € 75,805. Compared with financial year 2024, the result moved from € -41,595 to € 48,134. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 7, 2026.
€ 75,805
▲ 174% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,134
▲ still € 41,595 loss in 2024
Profit after tax over the fiscal year.
€ 18,625
▲ € 18,606 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 € 57,213.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 51,637
▲ 8% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 53,702
▲ € 53,557 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50,000
▲ 165% vs 2024
€ 16,157 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 9,089
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,517
▲ € 6,492 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 50,815 | € 43,747 | € 16,287 | € 113,541 | ▲ € 97,254 |
| Profit after taxes | € 911 | € -13,743 | € -41,595 | € 48,134 | ▲ € 89,729 |
| Equity | € 83,009 | € 69,265 | € 27,671 | € 75,805 | ▲ 174% |
| Total debts | € 24,644 | € 37,580 | € 31,047 | € 68,083 | ▲ 119% |
| Cash | € 33,956 | € 12,938 | € 19 | € 18,625 | ▲ € 18,606 |
| Retained profit | € 64,417 | € 50,673 | € 9,079 | € 57,213 | ▲ € 48,134 |
| Bank debt | € 0 | € 0 | € 18,896 | € 50,000 | ▲ 165% |
| Balance sheet total | € 107,653 | € 106,845 | € 58,717 | € 143,888 | ▲ 145% |
Key figures of CORNILLIE, 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 CORNILLIE?
What happened at CORNILLIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,134. Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 911 profit in 2022 to € 48,134 profit in 2025.
Paid € 9,796 in corporate taxes since 2022.
Best year ever: 2025, with € 48,134 profit.
Management
Behind CORNILLIE is Marc Cornillie.
Directors
According to the 2025 annual accounts
Marc Cornillie
Director
Establishments
Establishment units
Physical locations of this company
Tinnenpotstraat 28
8870 Izegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.738.263
- VAT number
- BE 0423.738.263
- Registered office
- Tinnenpotstraat 28, 8870 Izegem
- Names & denominations
- CORNILLIE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 1983
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
Plaatsen van vloer- en wandtegels
Algemene bouw van residentiële gebouwen
Groothandel in bouwmaterialen, algemeen assortiment
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Bouwen van individuele huizen
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2