ACTIVE

CORNELIS PROJECTS

Financial year 2025 · Closed on 30/06/2025

Net result20,4 k €+56,3 %over 1 year
Gross margin255,3 k €+2,3 %over 1 year
Equity383,1 k €+5,6 %over 1 year
Workforce3,3 ETP-21,4 %over 1 year

Identity

Source · BCE/KBO

CORNELIS PROJECTS is a Public limited company incorporated in 2003. Its main activity is: Construction of buildings. Its registered office is in Lievegem. It employs on average 3,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0479.287.292
Incorporation
10/01/2003
Legal form
Public limited company
Registered office
Beke 22
9950 Lievegem · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
30/06/2025
Average workforce
3,3 ETP
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20252024202320222020
Income statement
Gross margin255,3 k €249,6 k €253,5 k €589 k €271,3 k €
EBITDA59,3 k €41,3 k €18,7 k €196,3 k €59,5 k €
Operating result43,5 k €27,9 k €14,8 k €192,7 k €57,8 k €
Net result20,4 k €13 k €8,6 k €169,4 k €37,2 k €
Balance sheet
Equity383,1 k €362,7 k €349,7 k €341,1 k €252,8 k €
Total assets2,1 M €1,6 M €749,8 k €976,8 k €578,4 k €
Cash466,7 k €194,4 k €282,7 k €396,9 k €389,1 k €
Debts1,7 M €1,2 M €390 k €632,4 k €325,6 k €
Other
Workforce3,3 ETP4,2 ETP15,3 ETP4,8 ETP4,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
INVIBO0648.820.726Represented by VINCENT BALLIEU
Director01/04/2016 → 02/09/2025Manager01/04/2016 → 2022 accountsended
JMR CONSTRUCT0787.600.804Represented by JOACHIM FOVEL
Director01/07/2022 → 02/09/2025
Corhold0846.357.563Represented by Philip Cornelis
Directorsince 01/07/2012Manager01/07/2012 → 2022 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CORPHI0872.355.939
Manager01/01/2011 → 2011 accounts
PHILIP CORNELIS
Manageruntil 01/01/2011

Other companies at this address

Beke 22 9950 Lievegem
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0448.404.274
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0662.432.596
NORTHSEALIFE● Active
0841.575.067
R&D EVENTS● Active
0466.844.667
RUDO-IMMO● Active
0472.141.164
0878.248.688
0640.885.730
VAHODI● Active
0659.970.875
0790.856.836

Full financial information

Source · NBB
202520242023202220202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/10/202001/10/201901/10/2018
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/09/202030/09/2019
Length of the financial year12 months12 months12 months21 months12 months12 months
Filing date14/01/202631/01/202509/02/202423/12/202230/03/202131/03/2020
General meeting15/12/202531/12/202415/01/202430/11/202201/03/202128/02/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202515/12/202514/01/2026DutchPDF
Abridged model30/06/202431/12/202431/01/2025DutchPDF
Abridged model30/06/202315/01/202409/02/2024DutchPDF
Abridged model30/06/202230/11/202223/12/2022DutchPDF
Abridged model30/09/202001/03/202130/03/2021DutchPDF
Abridged model30/09/201928/02/202031/03/2020DutchPDF
Abridged model30/09/201820/03/201929/03/2019DutchPDF
Abridged model30/09/201715/03/201830/03/2018DutchPDF
Abridged model30/09/201620/03/201730/03/2017DutchPDF
Abridged model30/09/201529/02/201631/03/2016DutchPDF
Abridged model30/09/201428/02/201527/03/2015DutchPDF
Abridged model30/09/201315/03/201403/04/2014DutchPDF
Abridged model30/09/201230/03/201319/04/2013DutchPDF
Abridged model30/09/201128/02/201223/03/2012DutchPDF
Abridged model30/09/201028/02/201122/03/2011DutchPDF
Abridged model30/09/200915/03/201026/03/2010DutchPDF
Abridged model30/09/200828/02/200926/03/2009DutchPDF
Abridged model30/09/200728/02/200819/03/2008DutchPDF
Abridged model30/09/200628/02/200723/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/06/2025

3 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
INVIBO0648.820.726Represented by VINCENT BALLIEU
Director01/04/2016 → 02/09/2025Manager01/04/2016 → 2022 accountsended
JMR CONSTRUCT0787.600.804Represented by JOACHIM FOVEL
Director01/07/2022 → 02/09/2025
Corhold0846.357.563Represented by Philip Cornelis
Directorsince 01/07/2012Manager01/07/2012 → 2022 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CORPHI0872.355.939
Manager01/01/2011 → 2011 accounts
PHILIP CORNELIS
Manageruntil 01/01/2011

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates15/06/2016
    Benoeming zaakvoerder
    PDF
  • Mandates13/11/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/04/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares16/07/2010
    DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office08/11/2005
    MAATSCHAPPELIJKE ZETEL
    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
Filings18 filings
Mandates
INVIBO
JMR CONSTRUCT
Corhold
CORPHI
PHILIP CORNELIS
200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CORNELIS PROJECTS
GERAARDSBERGSESTEENWEG 21 bte A, 9860 Oosterzele
DirectorManager
Director
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Beke 22, 9950 WaarschootCurrent
CBE
GERAARDSBERGSESTEENWEG 21 bte A, 9860 Oosterzele
accounts 2023 → 2025
Accounts 2025 · 2026-00008411
Beke 22, 9950 Waarschoot
accounts 2022
Accounts 2022 · 2022-20545522

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
CORNELIS PROJECTSCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00008411

Events

  1. 2025
    Annual accounts 202520,4 k €↑
  2. 2024
    Annual accounts 202413 k €↑
  3. 2023
    Annual accounts 20238,6 k €↓
  4. 2022
    Annual accounts 2022169,4 k €↑
  5. 2020
    Annual accounts 202037,2 k €↓
  6. 2019
    Annual accounts 201971,3 k €↑
  7. 2018
    Annual accounts 201853 k €↑
  8. 2017
    Annual accounts 201752,4 k €↑
  9. 2016
    Annual accounts 201639,5 k €↑
  10. 2015
    Annual accounts 201514,8 k €↓
  11. 2014
    Annual accounts 201452 k €↓
  12. 2013
    Annual accounts 201359,8 k €↑
  13. 2012
    Annual accounts 201258,8 k €↑
  14. 2011
    Annual accounts 201130,1 k €↓
  15. 2010
    Annual accounts 201043,2 k €↓
  16. 2009
    Annual accounts 200945,7 k €↓
  17. 2008
    Annual accounts 2008140,4 k €↑
  18. 2007
    Annual accounts 2007-97 k €
  19. 10/01/2003
    IncorporationPublic limited company