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 6.6 to 4.4.
Financials
Financial year 2025
CORNETTE AUTOMOTIVE from Roeselare, company number BE0437522359, closed financial year 2025 with a result of € -31,546 after tax. For that financial year CORNETTE AUTOMOTIVE recorded a gross margin of € 537,265 and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 22,987 to € -31,546. The company made a loss. 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 August 26, 2026.
€ 2.3 million
▲ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -31,546
▼ still € 22,987 profit in 2024
Profit after tax over the fiscal year.
€ 186,549
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 597,159.
People and assets in 2025
4.4
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 312,227
▼ 18% vs 2024
€ 71,000 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.
€ 10,930
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▼ 14% vs 2024
€ 156,444 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 37,061
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 109,103
▲ 63% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 798,982 | € 816,532 | € 735,912 | € 537,265 | ▼ 27% |
| Profit after taxes | € 68,750 | € 4,104 | € 22,987 | € -31,546 | ▼ € 54,533 |
| Equity | € 1,585,417 | € 1,589,522 | € 1,612,509 | € 2,267,594 | ▲ 41% |
| Total debts | € 3,191,417 | € 2,643,495 | € 2,304,179 | € 1,984,181 | ▼ 14% |
| Cash | € 416,482 | € 252,253 | € 222,732 | € 186,549 | ▼ 16% |
| Land & buildings | € 2,374,895 | € 2,343,333 | € 2,236,503 | € 3,088,390 | ▲ 38% |
| Retained profit | € 793,369 | € 835,718 | € 858,705 | € 597,159 | ▼ 30% |
| Dividend | € 0 | € 0 | € 0 | € 230,000 | |
| Bank debt | € 2,786,719 | € 2,337,136 | € 2,125,333 | € 1,818,889 | ▼ 14% |
| Balance sheet total | € 4,776,834 | € 4,233,017 | € 3,916,688 | € 4,251,775 | ▲ 9% |
| Employees (FTE) | 6.6 | 6.6 | 6.4 | 4.4 | ▼ 2 |
Key figures of CORNETTE AUTOMOTIVE, 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 CORNETTE AUTOMOTIVE?
What happened at CORNETTE AUTOMOTIVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 31,546 (▼ € 54,533 vs 2024). filed late Source: NBB ↗
- NIELS CORNETTE became a director. NBB
- HANS CORNETTE became a director. NBB
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,750 profit in 2022 to € 31,546 loss in 2025.
Paid € 53,519 in corporate taxes since 2022.
Best year ever: 2022, with € 68,750 profit.
On average € 122,100 of value added per employee in 2025.
A new publication or filing at CORNETTE AUTOMOTIVE? 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
The stake of RyBly comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CORNETTE AUTOMOTIVEBehind CORNETTE AUTOMOTIVE are NIELS CORNETTE and HANS CORNETTE. The shares are held by RyBly (100%).
Establishments
Establishment units
Physical locations of this company
Liebeekstraat 8
8800 Roeselare
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0437.522.359
- VAT number
- BE 0437.522.359
- Registered office
- Liebeekstraat 8, 8800 Roeselare
- Names & denominations
- CORNETTE AUTOMOTIVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 May 1989
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)