Financials
Financial year 2026
KORNEL from Herzele, company number BE0699610718, closed financial year 2026 with a result of € 130,436 after tax. For that financial year KORNEL recorded a gross margin of € 119,869 and equity of € 1.5 million. Compared with financial year 2025, the result moved from € 341,223 to € 130,436. The company is profitable. 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 19, 2026.
€ 1.5 million
▲ 6% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 130,436
▼ 62% vs 2025
Profit after tax over the fiscal year.
€ 431,265
▲ 137% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 47,515 paid out
36 % of the profit went to the shareholders, mostly to MANIMA (99 % of the shares). That is where the money ends up.
People and assets in 2026
€ 3,389
▼ 74% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 18,046
▼ 76% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 22,719
▼ 7% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 574,408 | € 393,966 | € 355,638 | € 119,869 | ▼ 66% |
| Profit after taxes | € 475,717 | € 343,960 | € 341,223 | € 130,436 | ▼ 62% |
| Equity | € 896,006 | € 1,153,595 | € 1,370,513 | € 1,453,434 | ▲ 6% |
| Total debts | € 1,068,146 | € 1,133,918 | € 966,865 | € 1,165,659 | ▲ 21% |
| Cash | € 452,869 | € 540,794 | € 181,676 | € 431,265 | ▲ 137% |
| Retained profit | € 877,406 | € 1,134,995 | € 1,351,913 | € 1,434,834 | ▲ 6% |
| Dividend | € 120,758 | € 86,371 | € 124,305 | € 47,515 | ▼ 62% |
| Balance sheet total | € 1,964,151 | € 2,287,514 | € 2,337,378 | € 2,619,093 | ▲ 12% |
Key figures of KORNEL, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to KORNEL?
What happened at KORNEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 130,436 (▼ 62% vs 2025). Source: NBB ↗
- Ninosky became a director. NBB
- New establishment in Herzele. KBO
- Asimni became a director. NBB
- Matniki became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 475,717 profit in 2023 to € 130,436 profit in 2026.
Paid € 317,040 in corporate taxes since 2023.
Best year ever: 2023, with € 475,717 profit.
Paid out € 378,949 in dividends to the owners in total.
Management
The stake of MANIMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KORNELBehind KORNEL are Asimni, Matniki and Ninosky. The shares are held by MANIMA (99.5%).
Directors
According to the 2026 annual accounts
Director · represented by Dirk Van der Schueren
Also active at: VAN DER SCHUEREN - LION, G.T. VAN DER SCHUEREN, DE WATERMOLEN, JOMADI, MANIMA
since 2018
Director · represented by Matthias Van Der Schueren
Also active at: VAN DER SCHUEREN - LION, G.T. VAN DER SCHUEREN, DE WATERMOLEN, JOMADI, MANIMA
since 2018
Director · represented by Niels Van Der Schueren
Also active at: VAN DER SCHUEREN - LION, G.T. VAN DER SCHUEREN, DE WATERMOLEN, JOMADI, MANIMA
since 2024
Shareholders
99.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brusselbaan 4
9550 Herzele
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0699.610.718
- VAT number
- BE 0699.610.718
- Registered office
- Brusselbaan 4, 9550 Herzele
- Names & denominations
- KORNEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 2018
- Peppol
- Active · Active since 10 Sept 2025
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)