ACTIVE

CORNET

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Financial year 2024 · closed on 31/03/2024
Net result
-27 k €
-432.1% YoY
Gross margin
-18,2 k €
-266.8% YoY
Equity
236,3 k €
-10.2% YoY

What does CORNET do?

CORNET is a Private limited company incorporated in 2011. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Nivelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0842.420.551
Incorporation
29/12/2011
Legal form
Private limited company
Registered office
Faubourg de Bruxelles 81C
1400 Nivelles · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
31/03/2024
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43222Plumbing, heat and air-conditioning installation
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202420232022202120202019201820172016201520142013
Income statement
Gross margin-18,2 k €10,9 k €50,7 k €68,4 k €41,3 k €8,4 k €9,1 k €25 k €9,2 k €34,4 k €37,9 k €34,9 k €
EBITDA-18,5 k €8,8 k €49,9 k €67,5 k €39,6 k €6,8 k €7,2 k €22,6 k €6,7 k €25,3 k €39,4 k €12,3 k €
Operating result-18,5 k €8,8 k €49,9 k €67,5 k €39,6 k €6,8 k €7,2 k €18 k €559 €18,5 k €31,8 k €3,2 k €
Net result-27 k €8,1 k €98,9 k €66,5 k €35,6 k €4 k €4,5 k €12 k €-1,9 k €10 k €18,6 k €609,4 €
Balance sheet
Equity236,3 k €263,2 k €255,1 k €156,2 k €89,8 k €54,2 k €50,2 k €45,6 k €33,6 k €35,4 k €25,4 k €6,8 k €
Total assets325 k €331,3 k €370,2 k €244,4 k €181 k €133,9 k €131 k €124,2 k €122,8 k €92,7 k €69,4 k €51,2 k €
Cash13,8 k €2,2 k €270,2 €2,1 k €1 k €1,6 k €6,7 k €1,4 k €361 €3,4 k €2,8 k €705,4 €
Debts88,7 k €68,1 k €115,1 k €86,9 k €91,3 k €79,7 k €80,8 k €78,6 k €89,2 k €57,3 k €44 k €44,4 k €
Other
Workforce–––––––––––0,5 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 31/03/2019 · 1 active · 1 ended

Active mandates

Andy CORNET

Manager

Active

Ended mandates

Andy CORNET

Manager · since 01 janvier 2012

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202301/04/202201/04/202101/04/202001/04/201901/04/2018
Closing of the financial year31/03/202431/03/202331/03/202231/03/202131/03/202031/03/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/04/202503/06/202423/08/202317/05/202217/12/202029/10/2019
General meeting20/03/202529/09/202302/08/202313/05/202225/09/202027/09/2019
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202420/03/202502/04/2025FrenchPDF
Micro model31/03/202329/09/202303/06/2024FrenchPDF
Micro model31/03/202202/08/202323/08/2023FrenchPDF
Micro model31/03/202113/05/202217/05/2022FrenchPDF
Micro model31/03/202025/09/202017/12/2020FrenchPDF
Micro model31/03/201927/09/201929/10/2019FrenchPDF
Micro model31/03/201828/09/201816/10/2018FrenchPDF
Micro model31/03/201729/09/201719/10/2017FrenchPDF
Abridged model31/03/201630/09/201614/10/2016FrenchPDF
Abridged model31/03/201525/09/201530/09/2015FrenchPDF
Abridged model31/03/201426/09/201430/09/2014FrenchPDF
Abridged model31/03/201327/09/201331/10/2013FrenchPDF
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 31/03/2019 · 1 active · 1 ended

Active mandates

Andy CORNET

Manager

Active

Ended mandates

Andy CORNET

Manager · since 01 janvier 2012

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DIVERS - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other16/01/2012
    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. 2024
    Annual accounts 2024-27 k €↓
  2. 2023
    Annual accounts 20238,1 k €↓
  3. 2023
    Name changeCORNET
  4. 2022
    Annual accounts 202298,9 k €↑
  5. 2021
    Annual accounts 202166,5 k €↑
  6. 2020
    Annual accounts 202035,6 k €↑
  7. 2019
    Annual accounts 20194 k €↓
  8. 2018
    Annual accounts 20184,5 k €↓
  9. 2017
    Annual accounts 201712 k €↑
  10. 2016
    Annual accounts 2016-1,9 k €↓
  11. 2015
    Annual accounts 201510 k €↓
  12. 2014
    Annual accounts 201418,6 k €↑
  13. 2013
    Annual accounts 2013609,4 €
  14. 2013
    Name changeAC CHAUFFAGE
  15. 29/12/2011
    IncorporationPrivate limited company