OPENING OF BANKRUPTCY

CORNERSTONES DEVELOPMENT

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Company — Opening of bankruptcy.

Financial year 2024 · Closed on 31/12/2024

Net result6,7 k €+101,8 %over 1 year

Gross margin4,4 k €+109,2 %over 1 year

Equity-1,1 M €+0,6 %over 1 year

Workforce0,8 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

CORNERSTONES DEVELOPMENT is a Private limited company incorporated in 2007. Its main activity is: Construction of buildings. Its registered office is in Kontich. It employs on average 0,8 ETP workers (FTE).

Legal situation: Opening of bankruptcy
BCE/KBO no. / VAT: BE 0890.422.485
Incorporation: 28/06/2007
Legal form: Private limited company
Registered office: Prins Boudewijnlaan 24C box 2
2550 Kontich · FlandreSee on map
Contributed capital: 1 890 843,24 €
Latest accounts: 31/12/2024
Average workforce: 0,8 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 45212Maintenance and repair of motor vehicles

Joint committees (1)

Signals

ProfitablePositive cashflowHealthy social debts

Financials

Source · NBB, 17 filings

Trend over 16 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	4,4 k €	+109%	-47,6 k €	+89.3%	-443,8 k €	-503%	110 k €	+112%	-947,7 k €
EBITDA	-65,7 k €	+44.8%	-119 k €	+78.3%	-549,3 k €	-488%	-93,4 k €	+91.5%	-1,1 M €
Operating result	-72 k €	+42.8%	-125,9 k €	+77.6%	-562,9 k €	-417%	-109 k €	+90.2%	-1,1 M €
Net result	6,7 k €	+102%	-377,9 k €	+33.2%	-565,4 k €	-245%	-163,7 k €	-106%	2,8 M €
Balance sheet
Equity	-1,1 M €	+0.6%	-1,1 M €	-54.7%	-690,8 k €	-451%	-125,4 k €	-427%	38,3 k €
Total assets	662,7 k €	-61.5%	1,7 M €	-28.4%	2,4 M €	-61.6%	6,3 M €	+9.7%	5,7 M €
Cash	6,4 €	-100.0%	34,7 k €	-92.5%	462,9 k €	-61.1%	1,2 M €	-30.0%	1,7 M €
Debts	1,7 M €	-38.2%	2,8 M €	-9.9%	3,1 M €	-51.5%	6,4 M €	+12.9%	5,7 M €
Other
Workforce	0,8 ETP	0.0%	0,8 ETP	-38.5%	1,3 ETP	-27.8%	1,8 ETP	-14.3%	2,1 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PRAGMANI0451.667.632Represented by Koen Ickroth	DirectorManaging director2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Daniel Lutz	Manager01/01/2011 → 16/02/2011
Anenko Invest0650.846.937Represented by Anja Degadt	Director2020 accounts

Other companies at this address

Prins Boudewijnlaan 24C 2550 Kontich

Company	CBE no.
ANENKO VASTGOED● Bankrupt	0462.135.120
Cornerstones● Bankrupt	0443.899.714
Covalens● Active	0677.419.096
FinBeez● Active	0670.824.680
Honeycomb● Active	0779.395.988
PRAGMANI● Active	0451.667.632
R-VARING● Active	0430.385.832

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/09/2025	07/10/2024	21/09/2023	04/08/2022	25/10/2021	09/11/2020
General meeting	09/06/2025	10/06/2024	12/06/2023	13/06/2022	22/10/2021	08/06/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	09/06/2025	18/09/2025	Dutch	PDF
Abridged model	31/12/2023	10/06/2024	07/10/2024	Dutch	PDF
Abridged model	31/12/2022	12/06/2023	21/09/2023	Dutch	PDF
Abridged model	31/12/2021	13/06/2022	04/08/2022	Dutch	PDF
Abridged model	31/12/2020	22/10/2021	25/10/2021	Dutch	PDF
Abridged model	31/12/2019	08/06/2020	09/11/2020	Dutch	PDF
Abridged model	31/12/2018	10/06/2019	29/07/2019	Dutch	PDF
Abridged model	31/12/2017	11/06/2018	28/06/2018	Dutch	PDF
Abridged model	30/06/2016	29/09/2016	27/10/2016	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	08/09/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	05/08/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	31/10/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	28/09/2010	Dutch	PDF
Abridged model	31/12/2008	28/06/2009	14/07/2009	Dutch	PDF

Indicative valuation

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 31/12/2024

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PRAGMANI0451.667.632Represented by Koen Ickroth	DirectorManaging director2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Daniel Lutz	Manager01/01/2011 → 16/02/2011
Anenko Invest0650.846.937Represented by Anja Degadt	Director2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office07/04/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates11/02/2022
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/02/2019
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates12/07/2017
ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring08/08/2016
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring19/05/2016
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares23/12/2015
KAPITAAL - AANDELEN
PDF

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings16 filings

Mandates

PRAGMANI

Daniel Lutz

Anenko Invest

Koen Ickroth

Dirk Declercq

Dirk Declerq

20072008200920102011201220132014201520162017201820192020202120222023202420252026

CORNERSTONES DEVELOPMENT

PRINS BOUDEWIJNLAAN 30 bte 9, 2550 Kontich

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Prins Boudewijnlaan 24C bte 2, 2550 KontichCurrent		CBE
PRINS BOUDEWIJNLAAN 30 bte 9, 2550 Kontich	accounts 2021 → 2024	Accounts 2024 · 2025-00495247

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CORNERSTONES DEVELOPMENTCurrent	accounts 2021 → 2024	Accounts 2024 · 2025-00495247

Events

2024
Annual accounts 20246,7 k €↑
2023
Annual accounts 2023-377,9 k €↑
2022
Annual accounts 2022-565,4 k €↓
2021
Annual accounts 2021-163,7 k €↓
2020
Annual accounts 20202,8 M €↑
2019
Annual accounts 2019-4,7 M €↓
2018
Annual accounts 201840 k €↑
2017
Annual accounts 20177,7 k €↓
2015
Annual accounts 201513,7 k €↑
2014
Annual accounts 201412 k €↑
2013
Annual accounts 2013543 €↑
2012
Annual accounts 2012-45,5 k €↓
2011
Annual accounts 20118,1 k €↑
2010
Annual accounts 2010-2,5 k €↓
2009
Annual accounts 200951,9 k €↑
2008
Annual accounts 2008-65 k €
28/06/2007
IncorporationPrivate limited company

CORNERSTONES DEVELOPMENT

Overview

Identity

Financials

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

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Timeline

Timeline

Registered offices

Company names

Events