Cornerstones
A bankruptcy procedure is open for Cornerstones according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2024 annual accounts show negative equity (€-4.16M) and a net result of €-2.86M.
| Equity | €-4.16M |
| Net result | €-2.86M |
| Better than sector | 5% |
| Active | 35 yrs |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -404.3% | 14.4% | |
| Net result | €-2.86M | €0 | |
| Equity | €-4.16M | €109k | |
| Gross operating margin | €-548k | €51k | |
| Total assets | €1.03M | €1.50M |
Show 9 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-554k |
| Net profit | €-2.86M |
| Cash flow | €-2.86M |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.03M |
| Equity | €-4.16M |
| Debt | €5.19M |
| of which ≤ 1y | €518k |
| of which > 1y | €4.67M |
| Working capital | €512k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.99 |
| Quick ratio | 1.99 |
| Working capital ratio | 49.7% |
| Solvency | -404.3% |
| Debt / equity | -1.25 |
| Long-term debt ratio | -1.12 |
| Interest coverage | -73.21 |
| Gross margin | - |
| Net margin | - |
| ROA | -277.5% |
| ROE | 68.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.03M |
| Fixed assets | 21/28 | €1 |
| Financial fixed assets | 28 | €1 |
| Current assets | 29/58 | €1.03M |
| Amounts receivable within one year | 40/41 | €1.02M |
| Cash & bank | 54/58 | €14k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.03M |
| Equity | 10/15 | €-4.16M |
| Contributions / capital | 10/11 | €9.39M |
| Reserves | 13 | €1.03M |
| Accumulated profits (losses) | 14 | €-14.58M |
| Amounts payable | 17/49 | €5.19M |
| Amounts payable after one year | 17 | €4.67M |
| Amounts payable within one year | 42/48 | €518k |
| Trade debts payable within one year | 44 | €369k |
| Income statement | ||
| Gross operating margin | 9900 | €-548k |
| Operating result | 9901 | €-554k |
| Financial income | 75 | €239 |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €-2.86M |
| Net result for the period | 9904 | €-2.86M |
| Result to be appropriated | 9905 | €-2.86M |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | GREGORY WILKIN LANGE LOZANASTRAAT 262,
2018 ANTWERPEN 1 |
20-01-2026 → present | Belgian State Gazette |
| NACE primary | Handel in eigen onroerend goed(68110) |
| Legal form | Private limited company(610) |
| Incorporation | 15-04-1991 |
| Status | Active |
| Postal code | 2550 |
| First BS signal | 30-12-2019 |
| Latest BS signal | 26-01-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0082/00K000 | Flanders | 1.3 ha | 1 · 3,127 m² | 14.5 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 1 further earlier event in this file, covering 20-12-2019 to 20-01-2026.
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
07-04-2023 Registered office moved within Kontich
- Prins Boudewijnlaan 30, 2550 Kontich → Prins Boudewijnlaan 24C bus 2, 2550 Kontich
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Prins Boudewijnlaan 24C bus 2, 2550 Kontich",
"city": "Kontich",
"region": "vlaams_gewest",
"street": "Prins Boudewijnlaan",
"country": "BE",
"postcode": "2550",
"box_number": "C bus 2",
"street_number": "24",
"locality_suffix": null
},
"old_address": {
"raw": "Prins Boudewijnlaan 30, 2550 Kontich",
"city": "Kontich",
"region": "vlaams_gewest",
"street": "Prins Boudewijnlaan",
"country": "BE",
"postcode": "2550",
"box_number": null,
"street_number": "30",
"locality_suffix": null
},
"effective_date": "2023-03-01",
"evidence_quote": "De vennootschap deelt mee de wijziging van de maatschappelijke zetel met ingang van 1 maart 2023 naar Prins Boudewijnlaan 24C bus 2, 2550 Kontich",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Ickroth, Koenraad",
"firm_city": null,
"firm_name": null,
"office_city": "Luik",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2023-03-22",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2023-03-22",
"unanimous": null
},
"subject_company": {
"kbo": "0443.899.714",
"name_full": "CORNERSTONES",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Pragmani",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [
"Annexes \u0111u Moniteur belge"
]
}| Legal nameNL | Cornerstones |