ACTIVE

CORNWELL CONSULTING

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Financial year 2025 · closed on 31/12/2025

Net result

64,4 k €

+53.5% YoY

Gross margin

96,4 k €

+60.9% YoY

Equity

134,6 k €

-18.6% YoY

What does CORNWELL CONSULTING do?

CORNWELL CONSULTING is a Private limited company incorporated in 2005. Its main activity is: Computer consultancy activities. Its registered office is in Woluwe-Saint-Lambert.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0873.336.134

Incorporation

14/04/2005

Legal form

Private limited company

Registered office

Avenue de Mai 123 box 3/4
1200 Woluwe-Saint-Lambert · BruxellesSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	96,4 k €	+60.9%	59,9 k €	+6.1%	56,5 k €	+2.9%	54,9 k €	+4.2%	52,7 k €	-4.5%	55,2 k €	+14.5%	48,2 k €	+29.8%	37,1 k €	+3.7%	35,8 k €	-14.9%	42,1 k €	-21.3%	53,5 k €	+30.0%	41,1 k €	+27.2%	32,3 k €	-20.7%	40,8 k €	+4.1%	39,2 k €	+193%	13,4 k €	+459%	2,4 k €	-75.4%	9,7 k €	-9.3%	10,7 k €	-23.4%	14 k €
EBITDA	96,4 k €	+61.7%	59,6 k €	+6.3%	56,1 k €	+3.7%	54,1 k €	+3.2%	52,4 k €	-4.5%	54,9 k €	+14.8%	47,8 k €	+30.4%	36,7 k €	+3.2%	35,5 k €	-14.6%	41,6 k €	-21.2%	52,8 k €	+29.8%	40,7 k €	+32.6%	30,7 k €	-24.4%	40,6 k €	+4.1%	39 k €	+191%	13,4 k €	+480%	2,3 k €	-76.0%	9,6 k €	-9.5%	10,6 k €	-21.6%	13,5 k €
Operating result	93,2 k €	+64.1%	56,8 k €	+4.6%	54,3 k €	+3.2%	52,6 k €	+3.0%	51,1 k €	-5.7%	54,2 k €	+16.6%	46,5 k €	+31.0%	35,5 k €	+25.3%	28,3 k €	-19.8%	35,3 k €	-24.3%	46,6 k €	+37.8%	33,9 k €	+43.1%	23,7 k €	-29.8%	33,7 k €	-12.2%	38,4 k €	+195%	13 k €	+1836%	672,1 €	-92.0%	8,4 k €	-1.5%	8,5 k €	-27.7%	11,7 k €
Net result	64,4 k €	+53.5%	41,9 k €	-2.7%	43,1 k €	+10.0%	39,2 k €	+6.0%	37 k €	-5.4%	39,1 k €	+13.5%	34,4 k €	+24.0%	27,8 k €	+40.1%	19,8 k €	-11.3%	22,4 k €	-27.7%	30,9 k €	+42.2%	21,7 k €	+28.1%	17 k €	-28.5%	23,8 k €	-3.2%	24,5 k €	+143%	10,1 k €	+1298%	721 €	-90.5%	7,6 k €	+18.4%	6,4 k €	-32.3%	9,4 k €
Balance sheet
Equity	134,6 k €	-18.6%	165,3 k €	+20.8%	136,8 k €	+10.6%	123,7 k €	+18.1%	104,7 k €	+54.5%	67,8 k €	+13.7%	59,6 k €	+29.1%	46,2 k €	-27.2%	63,4 k €	+45.5%	43,6 k €	+0.8%	43,2 k €	+251%	12,3 k €	-75.7%	50,6 k €	+50.6%	33,6 k €	+242%	9,8 k €	-72.2%	35,3 k €	+90.1%	18,6 k €	-61.2%	47,9 k €	+18.8%	40,3 k €	+18.9%	33,9 k €
Total assets	243,5 k €	+35.7%	179,5 k €	+7.4%	167,1 k €	+5.2%	158,8 k €	+47.4%	107,7 k €	-5.2%	113,6 k €	+22.1%	93,1 k €	-7.7%	100,8 k €	+36.5%	73,9 k €	+4.4%	70,7 k €	+13.3%	62,4 k €	+84.4%	33,9 k €	-44.3%	60,8 k €	-9.7%	67,4 k €	-11.1%	75,7 k €	+56.3%	48,5 k €	-4.3%	50,6 k €	-13.3%	58,4 k €	+5.7%	55,2 k €	+12.0%	49,3 k €
Cash	224,8 k €	+40.0%	160,6 k €	+5.8%	151,8 k €	+14.0%	133,2 k €	+62.5%	82 k €	-15.7%	97,3 k €	+43.0%	68 k €	+22.3%	55,6 k €	+102%	27,6 k €	-12.8%	31,6 k €	+6.1%	29,8 k €	+15.4%	25,8 k €	-51.2%	52,9 k €	+60.8%	32,9 k €	-56.0%	74,9 k €	+63.8%	45,7 k €	+18.8%	38,5 k €	-21.9%	49,3 k €	-6.0%	52,4 k €	+26.2%	41,5 k €
Debts	108,9 k €	+668%	14,2 k €	-53.1%	30,2 k €	-13.8%	35,1 k €	+1068%	3 k €	-93.4%	45,8 k €	+37.1%	33,4 k €	-38.7%	54,6 k €	+423%	10,4 k €	-61.5%	27,1 k €	+41.2%	19,2 k €	-10.9%	21,6 k €	+110%	10,3 k €	-69.6%	33,8 k €	-48.7%	65,9 k €	+402%	13,1 k €	-59.0%	32,1 k €	+205%	10,5 k €	-29.5%	14,9 k €	-3.1%	15,4 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 · 3 ended

Active mandates

Adrian Cornwell

Director

Active

Ended mandates

Adrian Cornwell

Manager

Ended

Aimee STELL

Manager

Ended

Andrian CORNWELL

Manager

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	31/07/2026	26/05/2025	30/07/2024	01/09/2023	31/08/2022	26/07/2021
General meeting	10/06/2026	23/05/2025	26/06/2024	19/06/2023	24/06/2022	22/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	10/06/2026	31/07/2026	French	PDF
Micro model	31/12/2024	23/05/2025	26/05/2025	French	PDF
Micro model	31/12/2023	26/06/2024	30/07/2024	French	PDF
Micro model	31/12/2022	19/06/2023	01/09/2023	French	PDF
Micro model	31/12/2021	24/06/2022	31/08/2022	French	PDF
Micro model	31/12/2020	22/06/2021	26/07/2021	French	PDF
Micro model	31/12/2019	29/06/2020	23/07/2020	French	PDF
Micro model	31/12/2018	08/05/2019	28/06/2019	French	PDF
Micro model	31/12/2017	14/06/2018	22/08/2018	French	PDF
Micro model	31/12/2016	20/06/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	29/06/2016	26/08/2016	Dutch	PDF
Abridged model	31/12/2014	11/06/2015	27/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	24/05/2013	26/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	27/08/2012	French	PDF
Abridged model	31/12/2010	27/05/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	05/08/2010	Dutch	PDF
Abridged model	31/12/2008	17/06/2009	29/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	28/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	26/07/2007	Dutch	PDF

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 · 3 ended

Active mandates

Adrian Cornwell

Director

Active

Ended mandates

Adrian Cornwell

Manager

Ended

Aimee STELL

Manager

Ended

Andrian CORNWELL

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other24/04/2024
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
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

2025
Annual accounts 202564,4 k €↑
2024
Annual accounts 202441,9 k €↓
2023
Annual accounts 202343,1 k €↑
2022
Annual accounts 202239,2 k €↑
2021
Annual accounts 202137 k €↓
2020
Annual accounts 202039,1 k €↑
2019
Annual accounts 201934,4 k €↑
2018
Annual accounts 201827,8 k €↑
2017
Annual accounts 201719,8 k €↓
2016
Annual accounts 201622,4 k €↓
2015
Annual accounts 201530,9 k €↑
2014
Annual accounts 201421,7 k €↑
2013
Annual accounts 201317 k €↓
2012
Annual accounts 201223,8 k €↓
2011
Annual accounts 201124,5 k €↑
2010
Annual accounts 201010,1 k €↑
2009
Annual accounts 2009721 €↓
2008
Annual accounts 20087,6 k €↑
2007
Annual accounts 20076,4 k €↓
2006
Annual accounts 20069,4 k €
14/04/2005
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CORNWELL CONSULTING

Overview

What does CORNWELL CONSULTING do?

Trend over 20 financial years

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