Equity
€89,454 from €352,620 in 2014
Equity fell by 75% in 11 years.
CORTEX
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1995peak €212,857 (2006)
-€6,932▲ €6,693
lowest -€36,288 (2023)
-€9,525▲ €8,753
peak €352,620 (2014)
€89,454▼ 9.6%
€4,656▼ 79.5%
Board1 name since 2021
1 director
Documentsfilings and deeds
10-06-202651 days before the deadline
2025micro format
Gross margin from -€13,626 to -€6,932Loss of €9,525Debts from €22,701 to €4,656
Key points
from the 2025 annual accountsLosses
-€118,897 in five years
Every financial year from 2021 to 2025 closed with a loss. 2023 was the heaviest.
Liquidity
20.21 was 5.36 in 2024
Short-term debts fell from €22,701 to €4,656.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,843 companies had the same profile as CORTEX has now. Each dot stands for 15 companies, two years later.
84.3%
were still trading
13.6%
stopped another way
1.7%
went bankrupt
Another 0.4% 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 5,843 companies, not a prediction for CORTEX. 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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0452792040
Reappointment: (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 25-09-2023 · Gazette deed
Capital decrease of €153,900 to €18,600
Capital from €172,500 to €18,600 · General meeting of 05-12-2017 · Gazette deed
First establishment
CORTEX BVBA, Dendermondesteenweg 453, Destelbergen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CORTEX Lochristi | €94,110 | -€6,932 | 95.1% | - |
| V 3 B Sint-Niklaas | €96,590 | -€870 | 66.7% | - |
| SOFTSELL De Haan | €93,875 | -€2,074 | 88.8% | - |
| TOMAX Boechout | €103,129 | €34 | 73.2% | - |
| VRANKEN PRODUCTIONS REBEL Uccle | €85,138 | -€3,119 | 82.0% | - |
| The Other Project Mechelen | €93,555 | -€8,762 | 4.7% | - |
| D - RIX CONSULTING Mol | €78,497 | -€19,434 | 65.0% | - |
These companies have the same main activity as CORTEX: computer programming (NACE 62100). They are comparable in size and age: total assets between €78,500 and €103,000, founded between 1991 and 1998.
Official details
Source: KBO- Status
- Active since 08-06-1994Normal situation
- Activity
- Computer programmingNACE 62100
- Establishment unit
- 2.067.296.2669070 Destelbergen, since 24-06-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 09-06-2025
Annual accounts 2025
- €94,110▼ 22.7%
- Filing
- Filed on 10-06-2026, 51 days before the end of the filing period
Insights on CORTEX
CORTEX files the micro format. That format states no turnover. The gross margin fell from €212,857 in 2006 to -€6,932 in 2025.
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 CORTEX
- What is the company number of CORTEX?
- The company number of CORTEX is 0452.792.040. The VAT number is the same number with BE in front: BE 0452.792.040.
- Where is CORTEX based?
- The registered office is at Bisschop-Pieter-Damantlaan 42, 9080 Lochristi.Company details
- What does CORTEX do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of CORTEX?
- CORTEX is a private limited company (BV).
- When was CORTEX founded?
- CORTEX was founded on 08-06-1994.
- Is CORTEX still active?
- Yes, CORTEX is an active enterprise in the KBO register.
- What is the turnover of CORTEX?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2019 turnover was €95,975.Financials
- Is CORTEX profitable?
- In financial year 2025, CORTEX made a loss of €9,525.
- Where can I find the annual accounts of CORTEX?
- CORTEX filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CORTEX due?
- CORTEX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.