Turnover
≈ €130,000 estimated
The micro format states no turnover.
Cortex & Co
Lifetime
1 annual account with figurespeak €16,990 (2025)
€16,990
peak €12,554 (2025)
€12,554
peak €12,721 (2025)
€12,721
€3,435
Board1 name since 2025
1 directorAL BARAJRAJI Mejdeddine
Documentsfilings and deeds
03-08-20263 days late
2025micro format
Incorporation 09-05Dividend €8331 establishment registeredFirst year with figures
Key points
from the 2025 annual accounts2025 accounts filed 3 days after the deadline
Checked score
58
Fair
Financially stronger than 85% of micro companies without a NACE code
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2026: 7.0%
07-2026: 7.2%▲ +0.2 percentage points vs 06-2026
08-2026: 7.3%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 1.7%▼ -5.6 percentage points vs 08-2026lowest value
10-2026: 1.7%● unchanged vs 09-2026
11-2026: 1.7%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
No main activity registered
Founded in 2025
lowers risk
Liquidity: current ratio 4.31, cash €12,109
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 84% on liquidity and 90% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as Cortex & Co has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of Cortex & Co itself is higher: 1.7% within 12 months. It rests on far more data about Cortex & Co than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 11,279 companies, not a prediction for Cortex & Co. 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 of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.31, above the usual 1.5. Short-term debt is 21.3% and cash 75% of total assets. 21.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 3 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
3 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered office moved from Montigny-le-Tilleul to Namur
New registered office: Rue Joseph Saintraint 1, 5000 Namur · Previous registered office: Rue de la Montagne 157, 6110 Montigny-le-Tilleul · Gazette deed
Incorporation
Founding capital of €1,000, 1,000 shares · Founder: AL BARAJRAJI Mejdeddine · Appointment: AL BARAJRAJI Mejdeddine (director) · published on 09-05-2025 · Gazette deed
First establishment
Rue de la Montagne 157, Montigny-le-Tilleul
Official details
Source: KBO- Status
- Active since 06-05-2025Normal situation
- Registered office
- 84 active companies are registered at this address19 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- “La gestion et l’administration d’un cabinet médical ; par le ou les actionnaires qui…” (deed in French)From the articles, 7 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.373.360.3666110 Montigny-le-Tilleul, since 06-05-2025
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on Cortex & Co
The computed 12-month bankruptcy probability of Cortex & Co is 1.7% (moderate). The 2025 annual accounts show equity of €12,721 and a net result of €12,554.
The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
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 & Co
- What is the company number of Cortex & Co?
- The company number of Cortex & Co is 1023.028.712. The VAT number is the same number with BE in front: BE 1023.028.712.
- Where is Cortex & Co based?
- The registered office is at Rue Joseph Saintraint 1, 5000 Namur.Company details
- What is the legal form of Cortex & Co?
- Cortex & Co is a private limited company (BV).
- When was Cortex & Co founded?
- Cortex & Co was founded on 06-05-2025.
- Is Cortex & Co still active?
- Yes, Cortex & Co is an active enterprise in the KBO register.
- What is the turnover of Cortex & Co?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €16,990 and 6,299 comparable companies of the same size. It probably lies between €59,000 and €310,000. It is a rough estimate.Financials
- Is Cortex & Co profitable?
- In financial year 2025, Cortex & Co made a profit of €12,554.
- Where can I find the annual accounts of Cortex & Co?
- Cortex & Co filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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