ACTIVE

Cornflake

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Financial year 2025 · closed on 30/09/2025
Net result
-194,3 k €
-1652.6% YoY
Gross margin
-123,3 k €
-419.2% YoY
Equity
15 k €
-92.9% YoY

What does Cornflake do?

Cornflake is a Private limited company incorporated in 2017. Its main activity is: Manufacture of other wearing apparel and accessories. Its registered office is in Mechelen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0672.551.775
Incorporation
09/03/2017
Legal form
Private limited company
Registered office
Schuttershofstraat 55
2800 Mechelen · FlandreSee on map
Contributed capital
293 554,08 €
Latest accounts
30/09/2025
Activities (NACE)
14199Manufacture of other wearing apparel and accessories· main14299Manufacture of articles of fur46423Wholesale of clothing and footwear46423Wholesale of clothing and footwear
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin-123,3 k €38,6 k €32,8 k €-57,3 k €109 k €67,2 k €49,1 k €82 k €
EBITDA-169,2 k €-7,7 k €-34,8 k €-112,9 k €39,2 k €61,7 k €20,6 k €78,9 k €
Operating result-189,1 k €-23,4 k €-48,9 k €-122,9 k €28,3 k €60,5 k €19,4 k €77,8 k €
Net result-194,3 k €-11,1 k €-59,4 k €-120,7 k €14,8 k €47,2 k €13,1 k €49,5 k €
Balance sheet
Equity15 k €209,2 k €220,3 k €279,8 k €400,5 k €385,7 k €63,5 k €50,5 k €
Total assets247,9 k €419,6 k €494,2 k €547,1 k €518,5 k €626,3 k €300,7 k €272 k €
Cash7 k €19,7 k €10,6 k €67,4 k €174,2 k €281,7 k €98,9 k €167,7 k €
Debts219,9 k €203,8 k €261,7 k €259,3 k €118,1 k €181,3 k €144,3 k €78,3 k €
Other
Workforce–1,0 ETP1,7 ETP–––––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 10 ended

Active mandates

Caroline Bosmans

Director

Active
Lieven Borgs

Director

Active
Varramista Ventures

Mandate · 0726.628.780

Active

Ended mandates

Borgs Lieven

Director · since 06 février 2020

Ended
Caroline Bosmans

Director · since 06 février 2020

Ended
Varramista Ventures

Director · since 06 février 2020 · 0726.628.780

Represented by Hendrik Winkelmans

Ended
Caroline Bosmans

Director · since 01 janvier 2019

Ended
At this address

Other companies at this address

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COWGIRL JESSY● Active
1022.631.606
PAND 55● Active
0761.792.864
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/04/202607/04/202530/04/202428/04/202329/08/202230/03/2021
General meeting22/04/202626/03/202531/03/202427/04/202326/08/202224/03/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202522/04/202623/04/2026DutchPDF
Abridged model30/09/202426/03/202507/04/2025DutchPDF
Abridged model30/09/202331/03/202430/04/2024DutchPDF
Micro model30/09/202227/04/202328/04/2023DutchPDF
Micro model30/09/202126/08/202229/08/2022DutchPDF
Micro model30/09/202024/03/202130/03/2021DutchPDF
Micro model30/09/201918/03/202001/04/2020DutchPDF
Micro model30/09/201818/03/201920/03/2019DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 10 ended

Active mandates

Caroline Bosmans

Director

Active
Lieven Borgs

Director

Active
Varramista Ventures

Mandate · 0726.628.780

Active

Ended mandates

Borgs Lieven

Director · since 06 février 2020

Ended
Caroline Bosmans

Director · since 06 février 2020

Ended
Varramista Ventures

Director · since 06 février 2020 · 0726.628.780

Represented by Hendrik Winkelmans

Ended
Caroline Bosmans

Director · since 01 janvier 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office20/09/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/02/2020
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/06/2018
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other12/01/2018
    BOEKJAAR
    PDF
  • Mandates16/11/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/03/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-194,3 k €↓
  2. 2024
    Annual accounts 2024-11,1 k €↑
  3. 2023
    Annual accounts 2023-59,4 k €↑
  4. 2022
    Annual accounts 2022-120,7 k €↓
  5. 2021
    Annual accounts 202114,8 k €↓
  6. 2020
    Annual accounts 202047,2 k €↑
  7. 2019
    Annual accounts 201913,1 k €↓
  8. 2018
    Annual accounts 201849,5 k €
  9. 09/03/2017
    IncorporationPrivate limited company