ACTIVE

CORNSEED

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Financial year 2025 · closed on 31/12/2025
Net result
23,9 k €
-78.6% YoY
Gross margin
43,2 k €
-70.8% YoY
Equity
222,3 k €
+12.0% YoY

What does CORNSEED do?

CORNSEED is a Private limited company incorporated in 2022. Its main activity is: Computer programming activities. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0793.809.297
Incorporation
21/11/2022
Legal form
Private limited company
Registered office
Boulevard de l'Empereur 10
1000 Bruxelles · BruxellesSee on map
Contributed capital
500,00 €
Latest accounts
31/12/2025
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities62020Computer consultancy activities62030Computer facilities management activities62090Other information technology and computer service activities62200Computer programming, consultancy and related activities+1
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin43,2 k €148 k €111,4 k €
EBITDA43,2 k €148 k €111,4 k €
Operating result33,3 k €145,3 k €111,2 k €
Net result23,9 k €111,4 k €88,3 k €
Balance sheet
Equity222,3 k €198,4 k €88 k €
Total assets257,1 k €262 k €96 k €
Cash113,4 k €121,5 k €22,4 k €
Debts34,7 k €63,6 k €8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Patrick Tsemengue

Managing director · since 01 janvier 2024

Active
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Annual accounts

Full financial information

202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202421/11/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months14 months
Filing date02/07/202606/06/202519/06/2024
General meeting15/04/202620/05/202523/04/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/04/202602/07/2026FrenchPDF
Micro model31/12/202420/05/202506/06/2025FrenchPDF
Micro model31/12/202323/04/202419/06/2024FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active

Active mandates

Patrick Tsemengue

Managing director · since 01 janvier 2024

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other23/11/2022
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202523,9 k €↓
  2. 2024
    Annual accounts 2024111,4 k €↑
  3. 2023
    Annual accounts 202388,3 k €
  4. 21/11/2022
    IncorporationPrivate limited company