Equity
-€78,569
Debts exceed assets in financial year 2025.
CORTEN
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1991peak €75,461 (2016)
€56,959▼ 9.9%
lowest -€67,090 (2017)
€793▼ 90.4%
peak €164,691 (2012)
-€78,569▲ €793
€137,629▲ 6.0%
peak 1.2 FTE (2019)
-not published
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
14-07-202617 days before the deadline
2025micro format
Result from €8,280 to €793Cash from €6,964 to €16,849
Key points
from the 2025 annual accountsTurnover
≈ €210,000 estimated
The micro format states no turnover.
Debts
€137,629 233% of the balance sheet
Suppliers 2%Taxes and wages 5%Other 93%
Of this, €21,629 falls due within a year.
Staff
1 employees on 31-12-2025
In 2025, 3 people joined and 3 left.
Filings
32 annual accounts since 1991
Three of the last ten came late. The 2018 accounts came latest: 13 days after the end of the period.
Position in the sector
-€78,569
Less equity than 93% of companies in food and beverage service. Sector median €28,348 · 18,564 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,454 companies had the same profile as CORTEN has now. Each dot stands for 4 companies, two years later.
92.1%
were still trading
5.0%
stopped another way
2.5%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,454 companies, not a prediction for CORTEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0441860437
Registered office moved from Hoboken to Gierle
New registered office: Singel 16B te 2275 Gierle · Previous registered office: Emiel Vloorstraat 2, 2660 Hoboken · General meeting of 01-04-2017 · Gazette deed
Purpose change
“Alle activiteiten van :; Het uitbaten van een eetgelegenheid met beperkte bediening, meer in het bijzonder…” (deed in Dutch) · Legal-form conversion: to private limited company (pre-2019) · Gazette deed
First establishment
Singel 16, Lille
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CORTEN Lille | €59,060 | €56,959 | -133.0% | - |
| BENI - LY Antwerp | €53,386 | €49,832 | 3.4% | - |
| PITA CAIRO Diepenbeek | €69,480 | €55,697 | 68.9% | - |
| MINA Woluwe-Saint-Lambert | €52,993 | €58,211 | 52.7% | - |
| VANDEPUTTE - MAES Zwevegem | €65,086 | €48,355 | -40.7% | 1 |
| Elce Brasschaat | €51,101 | €55,268 | 34.1% | - |
| FLINTS Antwerp | €85,330 | €48,988 | 50.0% | - |
These companies have the same main activity as CORTEN: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €51,100 and €85,300, founded between 1988 and 1998.
Official details
Source: KBO- Status
- Active since 10-11-1990Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 1 other
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.149.891.4692275 Lille, since 01-09-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 03-11-2025
Annual accounts 2025
- €59,060▲ 17.1%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on CORTEN
CORTEN files the micro format. That format states no turnover. The gross margin rose from €26,483 in 2006 to €56,959 in 2025.
The balance sheet grew most from 2007 to 2009 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CORTEN
- What is the company number of CORTEN?
- The company number of CORTEN is 0441.860.437. The VAT number is the same number with BE in front: BE 0441.860.437.
- Where is CORTEN based?
- The registered office is at Singel 16b, 2275 Lille.Company details
- What does CORTEN do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of CORTEN?
- CORTEN is a private limited company (pre-2019) (BVBA).
- When was CORTEN founded?
- CORTEN was founded on 10-11-1990.
- Is CORTEN still active?
- Yes, CORTEN is an active enterprise in the KBO register.
- How many employees does CORTEN have?
- CORTEN had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CORTEN fall under?
- In its 2025 annual accounts, CORTEN states joint committee 302 (Hotels and catering).
- What is the turnover of CORTEN?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €56,959 and 89 comparable companies (NACE 56112). It probably lies between €160,000 and €250,000.
- Is CORTEN profitable?
- In financial year 2025, CORTEN made a profit of €793.
- Where can I find the annual accounts of CORTEN?
- CORTEN filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CORTEN due?
- CORTEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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