ACTIVE

CORNALINE HOUSE

Financial year 2025 · closed on 31/12/2025
Net result
1,2 M €
+41.4% YoY
Revenue
2,9 M €
+4.2% YoY
Equity
7,2 M €
+19.3% YoY

What does CORNALINE HOUSE do?

CORNALINE HOUSE is a Limited partnership incorporated in 1973. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0413.668.970
Incorporation
31/08/1973
Legal form
Limited partnership
Registered office
Rue De Praetere 2
1000 Bruxelles · BruxellesSee on map
Contributed capital
10 500 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201520142013201220112010200920082007
Income statement
Revenue2,9 M €2,8 M €2,5 M €2,2 M €1,9 M €2,5 M €2,5 M €2,2 M €2,2 M €1,3 M €1,3 M €1,3 M €1,5 M €1,7 M €1,7 M €1,9 M €2,1 M €1,8 M €
EBITDA2,5 M €2,2 M €1,7 M €1,5 M €1,2 M €2,4 M €2 M €1,7 M €1,2 M €92,6 k €470,1 k €289,7 k €305,8 k €504,6 k €980,4 k €1,4 M €1,6 M €1,3 M €
Operating result1,7 M €1,3 M €823,6 k €425,4 k €86,8 k €1,3 M €895,7 k €496,5 k €-260,2 k €-1,1 M €-762,4 k €-900,3 k €-498,5 k €48,7 k €136,3 k €353,8 k €773,5 k €418,2 k €
Net result1,2 M €817,9 k €263,2 k €-157,5 k €-475,1 k €712,2 k €290,2 k €-109,7 k €-727,7 k €-1,1 M €-759,5 k €-912,5 k €-631 k €-104,7 k €-57,5 k €70,9 k €387,4 k €186,3 k €
Balance sheet
Equity7,2 M €6 M €5,2 M €4,9 M €5,1 M €5,6 M €4,8 M €4,6 M €4,7 M €24,4 M €25,6 M €26,3 M €27,3 M €2,9 M €3 M €3,1 M €3 M €5,6 M €
Total assets20,7 M €21,9 M €25 M €24,9 M €24,5 M €26,4 M €25,9 M €26,6 M €26,2 M €27,1 M €25,9 M €27,2 M €36,8 M €9,9 M €10,1 M €10,2 M €10,9 M €11,8 M €
Cash1,7 M €2,3 M €5,4 M €4,6 M €3,5 M €4,6 M €2,7 M €2,9 M €1,1 M €985,4 k €670,8 k €1,4 M €17 M €647,9 k €924,2 k €398,1 k €217,5 k €141,7 k €
Debts12,7 M €15,2 M €19,1 M €19,3 M €18,9 M €20,2 M €20,3 M €20,3 M €20,5 M €2,6 M €215,7 k €830 k €9,4 M €7 M €7,1 M €7,1 M €7,7 M €6 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 42 ended

Active mandates

ALTO HOLDCAP

Manager · since 15 octobre 2025 · 1026.444.496

Represented by Michael DESPIEGELAERE

Active
Arsène MARQUES

Director · since 28 juillet 2023 · until 01 mai 2025

Active
Antoine BARBIER

Director · since 17 décembre 2021 · until 15 octobre 2025

Active
Antonio Philippe SILVA

Director · since 05 février 2020 · until 15 octobre 2025

Active

Ended mandates

Antoine BARBIER

Director · since 17 décembre 2021 · until 26 mai 2027

Ended
Antoine BARBIER

Associate · since 17 décembre 2021 · until 26 mai 2027

Ended
Antonio Philippe SILVA

Director · since 05 février 2020 · until 27 mai 2026

Ended
Philippe SILVA

Director · since 05 février 2020 · until 25 mars 2026

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/06/202623/06/202531/07/202425/08/202327/07/202203/08/2021
General meeting29/05/202620/06/202523/07/202428/07/202320/07/202203/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/05/202604/06/2026FrenchPDF
Full model31/12/202420/06/202523/06/2025FrenchPDF
Full model31/12/202323/07/202431/07/2024FrenchPDF
Full model31/12/202228/07/202325/08/2023FrenchPDF
Full model31/12/202120/07/202227/07/2022FrenchPDF
Full model31/12/202003/08/202103/08/2021FrenchPDF
Full model31/12/201921/07/202028/07/2020FrenchPDF
Full model31/12/201827/08/201930/08/2019FrenchPDF
Full model31/12/201725/09/201831/10/2018FrenchPDF
Full modelCorrection31/12/201622/03/201704/05/2017FrenchPDF
Full model31/12/201622/03/201724/03/2017FrenchPDF
Full model31/12/201523/03/201620/04/2016FrenchPDF
Full model31/12/201425/03/201530/04/2015FrenchPDF
Full model31/12/201326/03/201422/04/2014FrenchPDF
Full modelCorrection31/12/201227/03/201303/12/2013FrenchPDF
Full model31/12/201227/03/201319/04/2013FrenchPDF
Full model31/12/201128/03/201217/04/2012FrenchPDF
Full model31/12/201023/03/201115/04/2011FrenchPDF
Full model31/12/200924/03/201026/03/2010FrenchPDF
Full model31/12/200825/03/200927/03/2009FrenchPDF
Full model31/12/200726/03/200810/06/2008FrenchPDF
Full model31/12/200628/03/200730/03/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 42 ended

Active mandates

ALTO HOLDCAP

Manager · since 15 octobre 2025 · 1026.444.496

Represented by Michael DESPIEGELAERE

Active
Arsène MARQUES

Director · since 28 juillet 2023 · until 01 mai 2025

Active
Antoine BARBIER

Director · since 17 décembre 2021 · until 15 octobre 2025

Active
Antonio Philippe SILVA

Director · since 05 février 2020 · until 15 octobre 2025

Active

Ended mandates

Antoine BARBIER

Director · since 17 décembre 2021 · until 26 mai 2027

Ended
Antoine BARBIER

Associate · since 17 décembre 2021 · until 26 mai 2027

Ended
Antonio Philippe SILVA

Director · since 05 février 2020 · until 27 mai 2026

Ended
Philippe SILVA

Director · since 05 février 2020 · until 25 mars 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/10/2025
    MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Capital / shares02/09/2025
    CAPITAL, ACTIONS - DIVERS
    PDF
  • Mandates17/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other25/03/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates22/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/04/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/11/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/07/2020
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,2 M €
  2. 2024
    Annual accounts 2024817,9 k €
  3. 2023
    Annual accounts 2023263,2 k €
  4. 2022
    Annual accounts 2022-157,5 k €
  5. 2021
    Annual accounts 2021-475,1 k €
  6. 2020
    Annual accounts 2020712,2 k €
  7. 2019
    Annual accounts 2019290,2 k €
  8. 2018
    Annual accounts 2018-109,7 k €
  9. 2017
    Annual accounts 2017-727,7 k €
  10. 2015
    Annual accounts 2015-1,1 M €
  11. 2014
    Annual accounts 2014-759,5 k €
  12. 2013
    Annual accounts 2013-912,5 k €
  13. 2012
    Annual accounts 2012-631 k €
  14. 2011
    Annual accounts 2011-104,7 k €
  15. 2010
    Annual accounts 2010-57,5 k €
  16. 2009
    Annual accounts 200970,9 k €
  17. 2008
    Annual accounts 2008387,4 k €
  18. 2007
    Annual accounts 2007186,3 k €
  19. 31/08/1973
    IncorporationLimited partnership