Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 15.3 to 3.3.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CORNELIS PROJECTS from Lievegem, company number BE0479287292, closed financial year 2025 with a result of € 20,370 after tax. For that financial year CORNELIS PROJECTS recorded a gross margin of € 255,329 and equity of € 383,113. Compared with financial year 2024, the result moved from € 13,031 to € 20,370. 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 January 14, 2026.
€ 383,113
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,370
▲ 56% vs 2024
Profit after tax over the fiscal year.
€ 466,653
▲ 140% 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 € 133,113.
People and assets in 2025
3.3
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 194,000
▼ 5% vs 2024
€ 58,800 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.
€ 42,578
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 239,786
▲ € 188,251 vs 2024
€ 17,639 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 559,747
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,927
▼ 42% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 588,962 | € 253,488 | € 249,555 | € 255,329 | ▲ 2% |
| Profit after taxes | € 169,441 | € 8,627 | € 13,031 | € 20,370 | ▲ 56% |
| Equity | € 341,085 | € 349,712 | € 362,743 | € 383,113 | ▲ 6% |
| Total debts | € 635,743 | € 400,041 | € 1,242,328 | € 1,703,956 | ▲ 37% |
| Cash | € 396,910 | € 282,747 | € 194,382 | € 466,653 | ▲ 140% |
| Retained profit | € 91,085 | € 99,712 | € 112,743 | € 133,113 | ▲ 18% |
| Dividend | € 325,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 16,667 | € 0 | € 51,535 | € 239,786 | ▲ € 188,251 |
| Balance sheet total | € 976,828 | € 749,753 | € 1,605,070 | € 2,087,069 | ▲ 30% |
| Employees (FTE) | 4.8 | 15.3 | 4.2 | 3.3 | ▼ 0.9 |
Key figures of CORNELIS PROJECTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to CORNELIS PROJECTS?
What happened at CORNELIS PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,370 (▲ 56% vs 2024). Source: NBB ↗
- INVIBO stepped down as director. NBB
- JMR CONSTRUCT stepped down as director. NBB
- New establishment in Lievegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 169,441 profit in 2022 to € 20,370 profit in 2025.
Paid € 38,334 in corporate taxes since 2022.
Best year ever: 2022, with € 169,441 profit.
On average € 77,400 of value added per employee in 2025.
Management
The stake of Corhold comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CORNELIS PROJECTSBehind CORNELIS PROJECTS is CORHOLD. The shares are held by Corhold.
Directors
According to the 2025 annual accounts
· until 2025
· until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beke 22
9950 Lievegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →DIMALI ESTATE INVEST
€ 637,908 gross margin · 2025
HANNIC VHD
€ 1 million gross margin · 2024
R&D EVENTS
€ 29,606 gross margin · 2025
RUDO-IMMO
€ 53,113 gross margin · 2025
Terra Estate Invest
€ 8,325 gross margin · 2025
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.287.292
- VAT number
- BE 0479.287.292
- Registered office
- Beke 22, 9950 Lievegem
- Names & denominations
- CORNELIS PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 2003
- Peppol
- Active · Active since 29 Aug 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Bouwen van individuele huizen
Algemene bouw van residentiële gebouwen
Overige gespecialiseerde bouwwerkzaamheden