ACTIVE

EXPLOITATIONS FORESTIERES PHILIPPE CORNET

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Financial year 2025 · Closed on 31/12/2025

Net result52,3 k €+384,0 %over 1 year

Gross margin1,2 M €+13,7 %over 1 year

Equity1,5 M €+6,0 %over 1 year

Workforce12,8 ETP+8,5 %over 1 year

Identity

Source · BCE/KBO

EXPLOITATIONS FORESTIERES PHILIPPE CORNET is a Public limited company incorporated in 1988. Its main activity is: Forestry and logging. Its registered office is in Manhay. It employs on average 12,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0433.284.647
Incorporation: 21/02/1988
Legal form: Public limited company
Registered office: Route de Bomal, Grandménil 12 box 1
6960 Manhay · WallonieSee on map
Contributed capital: 496 592,50 €
Latest accounts: 31/12/2025
Average workforce: 12,8 ETP

Activities (NACE)

02011Forestry and logging· main 02012Forestry and logging 02100Silviculture and other forestry activities 02100Silviculture and other forestry activities 02200Logging 02200Logging

Joint committees (4)

12501
200
218
330

Contacts

3 public details availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,2 M €	+13.7%	1 M €	+10.7%	933 k €	-51.7%	1,9 M €	+17.0%	1,7 M €
EBITDA	614,6 k €	+24.9%	492,2 k €	+2.8%	478,9 k €	-65.7%	1,4 M €	+13.5%	1,2 M €
Operating result	121,2 k €	+96.6%	61,7 k €	+60.6%	38,4 k €	-95.7%	887,8 k €	-13.1%	1 M €
Net result	52,3 k €	+384%	-18,4 k €	-240%	13,1 k €	-98.0%	655,8 k €	-11.4%	740,3 k €
Balance sheet
Equity	1,5 M €	+6.0%	1,4 M €	+1.4%	1,4 M €	-53.0%	3 M €	+27.7%	2,3 M €
Total assets	5,3 M €	-1.6%	5,4 M €	-14.9%	6,3 M €	+10.4%	5,7 M €	+13.6%	5 M €
Cash	13,4 k €	-80.8%	70,2 k €	+306%	17,3 k €	-92.7%	238 k €	-78.4%	1,1 M €
Debts	3,8 M €	-4.2%	4 M €	-19.5%	4,9 M €	+83.9%	2,7 M €	-0.2%	2,7 M €
Other
Workforce	12,8 ETP	+8.5%	11,8 ETP	+26.9%	9,3 ETP	-2.1%	9,5 ETP	-7.8%	10,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GH WOOD0739.856.117Represented by Geoffrey Huet	Director12/12/2023 → 12/12/2029Managing director12/12/2023 → 2023 accountsended
HUSIBO0677.500.854Represented by Emmanuel SCHELLEKENS	Director12/12/2023 → 12/12/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pierre Cornet	Managing director10/06/2014 → 09/06/2020
Catherine Vanden Borre	Director01/04/2012 → 06/04/2018
Philippe Cornet	Director01/06/2002 → 2022 accounts

Other companies at this address

Route de Bomal, Grandménil 12 6960 Manhay

Company	CBE no.
Exploitations Forestières Georges HUET● Active	0422.047.988
"Huet Bois"● Active	1025.494.193
SIMON-BOIS● Active	0426.714.678

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/07/2026	26/08/2025	29/07/2024	29/06/2023	28/07/2022	30/07/2021
General meeting	10/07/2026	10/06/2025	11/06/2024	01/06/2023	14/06/2022	08/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	10/07/2026	17/07/2026	French	PDF
Abridged model	31/12/2024	10/06/2025	26/08/2025	French	PDF
Abridged model	31/12/2023	11/06/2024	29/07/2024	French	PDF
Abridged model	31/12/2022	01/06/2023	29/06/2023	French	PDF
Abridged model	31/12/2021	14/06/2022	28/07/2022	French	PDF
Abridged model	31/12/2020	08/06/2021	30/07/2021	French	PDF
Abridged model	31/12/2019	09/06/2020	30/07/2020	French	PDF
Abridged model	31/12/2018	11/06/2019	26/07/2019	French	PDF
Abridged model	31/12/2017	12/06/2018	30/08/2018	French	PDF
Abridged model	31/12/2016	13/06/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	14/06/2016	08/07/2016	French	PDF
Abridged model	31/12/2014	09/06/2015	02/07/2015	French	PDF
Abridged model	31/12/2013	10/06/2014	27/06/2014	French	PDF
Abridged model	31/12/2012	11/06/2013	30/07/2013	French	PDF
Abridged model	31/12/2011	10/08/2012	30/08/2012	French	PDF
Abridged modelCorrection	31/12/2010	14/06/2011	07/02/2012	French	PDF
Abridged model	31/12/2010	14/06/2011	23/08/2011	French	PDF
Abridged model	31/12/2009	08/06/2010	08/07/2010	French	PDF
Abridged model	31/12/2008	09/06/2009	28/08/2009	French	PDF
Abridged model	31/12/2007	10/06/2008	23/09/2008	French	PDF
Abridged model	31/12/2006	12/06/2007	09/08/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GH WOOD0739.856.117Represented by Geoffrey Huet	Director12/12/2023 → 12/12/2029Managing director12/12/2023 → 2023 accountsended
HUSIBO0677.500.854Represented by Emmanuel SCHELLEKENS	Director12/12/2023 → 12/12/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pierre Cornet	Managing director10/06/2014 → 09/06/2020
Catherine Vanden Borre	Director01/04/2012 → 06/04/2018
Philippe Cornet	Director01/06/2002 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates29/12/2023
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates11/08/2023
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates09/07/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates26/06/2014
DEMISSIONS, NOMINATIONS
PDF
Capital / shares24/01/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates13/06/2012
DEMISSIONS, NOMINATIONS
PDF
Mandates06/10/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates02/02/2007
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

HUSIBO

GH WOOD

Pierre Cornet

Catherine Vanden Borre

Philippe Cornet

Alain LOUIS

Véronique PAQUAY

198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

EXPLOITATIONS FORESTIERES PHILIPPE CORNET

Rue de Barvaux, 1, 6990 Hotton

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Route de Bomal, Grandménil 12 bte 1, 6960 ManhayCurrent		CBE
Rue de Barvaux, 1, 6990 Hotton	accounts 2021 → 2025	Accounts 2025 · 2026-00311732

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
EXPLOITATIONS FORESTIERES PHILIPPE CORNETCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00311732

Events

2025
Annual accounts 202552,3 k €↑
2024
Annual accounts 2024-18,4 k €↓
2023
Annual accounts 202313,1 k €↓
2022
Annual accounts 2022655,8 k €↓
2021
Annual accounts 2021740,3 k €↑
2020
Annual accounts 2020351,6 k €↑
2019
Annual accounts 2019156,5 k €↑
2018
Annual accounts 2018137,7 k €↓
2017
Annual accounts 2017192,5 k €↑
2016
Annual accounts 2016159,7 k €↑
2015
Annual accounts 201551,6 k €↓
2014
Annual accounts 2014106 k €↓
2013
Annual accounts 2013121 k €↑
2012
Annual accounts 201272,7 k €↓
2011
Annual accounts 2011120,1 k €↑
2010
Annual accounts 20109,2 k €↓
2009
Annual accounts 200930,4 k €↓
2008
Annual accounts 200860,8 k €↑
2007
Annual accounts 200755,7 k €
21/02/1988
IncorporationPublic limited company

EXPLOITATIONS FORESTIERES PHILIPPE CORNET

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events