Financials
Financial year 2025
CORNIL FRERES from Soignies, company number BE0471800377, closed financial year 2025 with a result of € -3,104 after tax. For that financial year CORNIL FRERES recorded a gross margin of € 504,613 and equity of € 978,840. Compared with financial year 2024, the result moved from € 163,391 to € -3,104. 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 July 14, 2026.
€ 978,840
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,104
▼ still € 163,391 profit in 2024
Profit after tax over the fiscal year.
€ 398,282
▲ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 936,570.
People and assets in 2025
5.5
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 435,692
▲ 42% vs 2024
€ 79,200 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.
€ 4,275
▲ 101% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 233,523
▼ 18% vs 2024
€ 40,968 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 20,740
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 166,335
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 397,033 | € 464,686 | € 591,172 | € 504,613 | ▼ 15% |
| Profit after taxes | € 85,753 | € 90,519 | € 163,391 | € -3,104 | ▼ € 166,495 |
| Equity | € 734,935 | € 823,261 | € 984,298 | € 978,840 | ▼ 1% |
| Total debts | € 853,203 | € 557,974 | € 467,747 | € 467,471 | |
| Cash | € 147,564 | € 139,783 | € 271,067 | € 398,282 | ▲ 47% |
| Land & buildings | € 369,466 | € 343,318 | € 317,170 | € 298,335 | ▼ 6% |
| Retained profit | € 685,764 | € 776,284 | € 939,674 | € 936,570 | |
| Dividend | € 20,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 372,842 | € 328,520 | € 284,164 | € 233,523 | ▼ 18% |
| Balance sheet total | € 1,600,021 | € 1,391,198 | € 1,460,088 | € 1,453,736 | |
| Employees (FTE) | 4.5 | 5.3 | 6.3 | 5.5 | ▼ 0.8 |
Key figures of CORNIL FRERES, 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 CORNIL FRERES?
What happened at CORNIL FRERES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,104 (▼ € 166,495 vs 2024). Source: NBB ↗
- CORNIL INVEST SRL became a director. NBB
- New establishment in Soignies. KBO
- Start of the company according to the CBE. KBO
In short
From € 85,753 profit in 2022 to € 3,104 loss in 2025.
Paid € 119,960 in corporate taxes since 2022.
Best year ever: 2024, with € 163,391 profit.
On average € 91,700 of value added per employee in 2025.
Management
Behind CORNIL FRERES is CORNIL INVEST SRL.
Directors
According to the 2025 annual accounts
Managing director · represented by DAMIEN CORNIL
since 2025
Establishments
Establishment units
Physical locations of this company
Chaussée de Lessines 295 box A
7060 Soignies
Chaussée de Lessines 295A
7060 Soignies
Active since 29 May 2000
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.800.377
- VAT number
- BE 0471.800.377
- Registered office
- Chaussée de Lessines 295 bus A, 7060 Soignies
- Names & denominations
- CORNIL FRERES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 May 2000
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Reparatie en onderhoud van machines
Herstelling van landbouwmachines
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Ondersteunende activiteiten in verband met de teelt van gewassen
Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw
Reparatie en montage van specifieke auto-onderdelen
Landschapsverzorging
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
+3