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Cortex

Active
Private limited companyfounded 2022active for 4 yearsGouverneur Verwilghensingel 6b, 3500 Hasselt, BelgiumKBO/BCE: BE 0787.699.980
Summary

Cortex is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The latest annual accounts of Cortex were filed more than 90 days after the deadline. The 2023 annual accounts show negative equity (-€19,785) and a net result of -€32,785. Its solvency ranks better than 5% of 8,992 sector peers (NACE 64, financial year 2023). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
€60,380turnover 2023
Equity
-€19,785
Loss
-€32,785
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Accounts filed 708 days late0 of 2 deeds read
Signalsraises riskFiled more than 90 days lateShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: Filed more than 90 days late
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 09-07-2026, 708 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 1 filing
Deviation from the deadline
2023
708 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 708 days after the deadline; the sector median (NACE 64) for financial year 2023 is 12 days before the deadline, and 29% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2023: debts exceed assets -€19,785 View
  • Caution: Latest accounts filed lateafter the legal deadline 708 days View
  • Caution: Among the weakest 5% on solvencysector median 53.5% · 8,992 companies -127.7% View

By topic

Financials

Financial year
2023
Turnover
€60,380
Loss
-€32,785
Solvency
-127.7%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Activities of holding companiesNACE 64210
Founded
27-06-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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