What does CORNERSTONES DEVELOPMENT do?

CORNERSTONES DEVELOPMENT is a construction company in Kontich. Private Limited, started on 28 June 2007, 1 establishment.

What is the address of CORNERSTONES DEVELOPMENT?

The registered office of CORNERSTONES DEVELOPMENT is located at Prins Boudewijnlaan 24C box 2, 2550 Kontich.

Is CORNERSTONES DEVELOPMENT still active?

No. The CBE lists CORNERSTONES DEVELOPMENT with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.

Is CORNERSTONES DEVELOPMENT registered on Peppol?

Yes, CORNERSTONES DEVELOPMENT is registered on the Peppol network with ID 0208:0890422485.

What is the enterprise number of CORNERSTONES DEVELOPMENT?

The enterprise number of CORNERSTONES DEVELOPMENT is BE0890422485.

When was CORNERSTONES DEVELOPMENT founded?

CORNERSTONES DEVELOPMENT was founded on 28 June 2007.

Who are the directors of CORNERSTONES DEVELOPMENT?

According to the 2024 annual accounts, the directors of CORNERSTONES DEVELOPMENT are: Pragmani BV.

Is CORNERSTONES DEVELOPMENT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 28 June 2007; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did CORNERSTONES DEVELOPMENT make in 2024?

CORNERSTONES DEVELOPMENT posted a profit after taxes of € 6,652 in financial year 2024.

What is the revenue of CORNERSTONES DEVELOPMENT?

As a small company, CORNERSTONES DEVELOPMENT is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 4,395.

How much does an employee at CORNERSTONES DEVELOPMENT earn?

The average wage cost per full-time employee at CORNERSTONES DEVELOPMENT was € 78,900 in 2022: staff costs of € 102,534 for 1.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CORNERSTONES DEVELOPMENT have?

According to the 2024 annual accounts, CORNERSTONES DEVELOPMENT has 0.8 full-time equivalents (FTE).

CORNERSTONES DEVELOPMENT (Private Limited) - Kontich

Dossier CORNERSTONES DEVELOPMENT, printed on 19 September 2026 from databakkes.be/en/0890422485/cornerstones-development. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 7 % of short-term debt in 2024; threshold 65 %.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2024

CORNERSTONES DEVELOPMENT from Kontich, company number BE0890422485, closed financial year 2024 with a result of € 6,652 after tax. For that financial year CORNERSTONES DEVELOPMENT recorded a gross margin of € 4,395 and equity of € -1.1 million. Compared with financial year 2023, the result moved from € -377,864 to € 6,652. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 18, 2025.

What it is worth Caution

€ -1.1 million

▲ € 6,652 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 6,652

▲ still € 377,864 loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 6

▼ € 34,657 vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € -3 million.

People and assets in 2024

Full-time equivalents

0.8

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 63,242

▼ 2% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2024

Bank debt

€ 14,638

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 1.4 million

▲ 19% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 503

▼ 94% vs 2023

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

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Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 110,013 Gross margin 2021: € 110,013 First fiscal year in the series	€ -443,842 Gross margin 2022: € -443,842 ▼ € 553,855 vs 2021 (€ 110,013) Unfavourable step	€ -47,622 Gross margin 2023: € -47,622 ▲ € 396,220 vs 2022 (€ -443,842) Favourable step	€ 4,395 Gross margin 2024: € 4,395 ▲ € 52,017 vs 2023 (€ -47,622) Favourable step	▲ € 52,017
Profit after taxes	€ -163,732 Profit after taxes 2021: € -163,732 First fiscal year in the series	€ -565,371 Profit after taxes 2022: € -565,371 ▼ € 401,639 vs 2021 (€ -163,732) Unfavourable step	€ -377,864 Profit after taxes 2023: € -377,864 ▲ € 187,506 vs 2022 (€ -565,371) Favourable step	€ 6,652 Profit after taxes 2024: € 6,652 ▲ € 384,517 vs 2023 (€ -377,864) Favourable step	▲ € 384,517
Equity	€ -125,402 Equity 2021: € -125,402 First fiscal year in the series	€ -690,773 Equity 2022: € -690,773 ▼ € 565,371 vs 2021 (€ -125,402) Unfavourable step	€ -1,068,637 Equity 2023: € -1,068,637 ▼ € 377,864 vs 2022 (€ -690,773) Unfavourable step	€ -1,061,985 Equity 2024: € -1,061,985 ▲ € 6,652 vs 2023 (€ -1,068,637) Favourable step	▲ € 6,652
Total debts	€ 6,391,229 Total debts 2021: € 6,391,229 First fiscal year in the series	€ 3,097,177 Total debts 2022: € 3,097,177 ▼ 52% vs 2021 (€ 6,391,229) Favourable step	€ 2,791,748 Total debts 2023: € 2,791,748 ▼ 10% vs 2022 (€ 3,097,177) Favourable step	€ 1,724,723 Total debts 2024: € 1,724,723 ▼ 38% vs 2023 (€ 2,791,748) Favourable step	▼ 38%
Cash	€ 1,189,392 Cash 2021: € 1,189,392 First fiscal year in the series	€ 462,856 Cash 2022: € 462,856 ▼ 61% vs 2021 (€ 1,189,392) Unfavourable step	€ 34,663 Cash 2023: € 34,663 ▼ 93% vs 2022 (€ 462,856) Unfavourable step	€ 6 Cash 2024: € 6 ▼ € 34,657 vs 2023 (€ 34,663) Unfavourable step	▼ € 34,657
Retained profit	€ -2,016,246 Retained profit 2021: € -2,016,246 First fiscal year in the series	€ -2,581,616 Retained profit 2022: € -2,581,616 ▼ € 565,371 vs 2021 (€ -2,016,246) Unfavourable step	€ -2,959,481 Retained profit 2023: € -2,959,481 ▼ € 377,864 vs 2022 (€ -2,581,616) Unfavourable step	€ -2,952,828 Retained profit 2024: € -2,952,828 Unchanged (€ -2,959,481) Favourable step
Bank debt	€ 14,638 Bank debt 2021: € 14,638 First fiscal year in the series	€ 14,638 Bank debt 2022: € 14,638 Unchanged (€ 14,638) Unchanged	€ 14,638 Bank debt 2023: € 14,638 Unchanged (€ 14,638) Unchanged	€ 14,638 Bank debt 2024: € 14,638 Unchanged (€ 14,638) Unchanged
Balance sheet total	€ 6,265,827 Balance sheet total 2021: € 6,265,827 First fiscal year in the series	€ 2,406,404 Balance sheet total 2022: € 2,406,404 ▼ 62% vs 2021 (€ 6,265,827) Unchanged	€ 1,723,111 Balance sheet total 2023: € 1,723,111 ▼ 28% vs 2022 (€ 2,406,404) Unchanged	€ 662,738 Balance sheet total 2024: € 662,738 ▼ 62% vs 2023 (€ 1,723,111) Unchanged	▼ 62%
Employees (FTE)	1.8 Employees (FTE) 2021: 1.8 First fiscal year in the series	1.3 Employees (FTE) 2022: 1.3 ▼ 0.5 vs 2021 (1.8) Unchanged	0.8 Employees (FTE) 2023: 0.8 ▼ 0.5 vs 2022 (1.3) Unchanged	0.8 Employees (FTE) 2024: 0.8 Unchanged (0.8) Unchanged

Key figures of CORNERSTONES DEVELOPMENT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to CORNERSTONES DEVELOPMENT?

What happened at CORNERSTONES DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

CORNERSTONES DEVELOPMENT is active according to the CBE. Legal situation: Opening faillissement.

Sep 18, 2025 New annual accounts for financial year 2024: profit of € 6,652. filed late Source: NBB ↗
Jul 20, 2007 New establishment in Kontich. KBO
Jun 28, 2007 Start of the company according to the CBE. KBO

In short

From € 163,732 loss in 2021 to € 6,652 profit in 2024.

Paid € 1,707 in corporate taxes since 2021.

Best year ever: 2024, with € 6,652 profit.

On average € 61,100 of value added per employee in 2021.

Original PDFs at the National Bank ↗

A new publication or filing at CORNERSTONES DEVELOPMENT? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Cornerstones 70.8%

The stake of Cornerstones comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CORNERSTONES DEVELOPMENT

Cornerstones Development BV 100%

Behind CORNERSTONES DEVELOPMENT is Pragmani BV. The shares are held by Cornerstones (70.8%). It owns 100% of Cornerstones Development BV itself.

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Directors

According to the 2024 annual accounts

Pragmani BV

Director · represented by Koen Ickroth

Also active at: Cornerstones, ANENKO VASTGOED, FinBeez, Beehive Spaces

Shareholders

Cornerstones

70.8%

Participations

Cornerstones Development BV

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Prins Boudewijnlaan 24C box 2

2550 Kontich

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.

All companies at this address →

R-VARING

€ -378 gross margin · 2025

Cornerstones same network

€ -548,120 gross margin · 2024

PRAGMANI same network

€ 127,701 gross margin · 2025

ANENKO VASTGOED same network

€ -6,934 gross margin · 2024

OCEANWIDE

+3 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

0890.422.485

VAT number

BE 0890.422.485

Registered office

Prins Boudewijnlaan 24C bus 2, 2550 Kontich

Names & denominations

CORNERSTONES DEVELOPMENT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Opening faillissement

Start date

28 June 2007

Peppol

Active · Active since 24 Nov 2023

Activities · NACE

Algemene bouw van residentiële gebouwen

Bouwen van individuele huizen

Optrekken van andere residentiële gebouwen en van kantoorgebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗

CORNERSTONES DEVELOPMENT

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Financials

What happened to CORNERSTONES DEVELOPMENT?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions