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Cortex & Co

Active
Private limited companyfounded 2025active for 1 yearRue Joseph Saintraint 1, 5000 Namur, Belgium74 active companies are registered at this addressKBO/BCE: BE 1023.028.712
Summary

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.

Financials · financial year 2025, micro format

2025 annual accounts filed late (3 days) Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00373854.

Equity
€12,721
Total assets
€16,155
Net result
€12,554
Working capital
€11,353

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €16,155
Fixed assets €1,368
Current assets €14,788
Equity and liabilities €16,155
Equity €12,721
Debt €3,435
Debt finances 21.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€16,990
Cash flow
€12,665
Current ratio
4.31
Debt to equity
0.27
ROE
98.7%
ROA
77.7%
Interest coverage
over 100
Debt ≤ 1 year
€3,435
Income taxes
€4,352

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 1.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€16,155
Fixed assets21/28€1,368
Tangible fixed assets22/27€1,368
Furniture and vehicles24€1,368
Current assets29/58€14,788
Amounts receivable within one year40/41€2,679
Other amounts receivable41€2,679
Cash at bank and in hand54/58€12,109
Equity and liabilities
Total equity and liabilities10/49€16,155
Equity10/15€12,721
Contributions10/11€1,000
Profit (loss) carried forward14€11,721
Amounts payable17/49€3,435
Amounts payable within one year42/48€3,435
Taxes, remuneration and social security45€2,851
Taxes450/3€2,851
Other amounts payable47/48€583
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€111
Gross operating margin9900€16,990
Operating profit (loss)9901€16,879
Financial income75/76B€64
Recurring financial income75€64
Financial charges65/66B€37
Recurring financial charges65€37
Profit (loss) for the period before taxes9903€16,905
Income taxes67/77€4,352
Profit (loss) for the period9904€12,554
Profit (loss) for the period to be appropriated9905€12,554
Appropriation of the result
Profit (loss) to be appropriated9906€12,554
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€111
Gross operating margin9900€16,990
Operating profit (loss)9901€16,879
Financial income75/76B€64
Recurring financial income75€64
Financial charges65/66B€37
Recurring financial charges65€37
Profit (loss) for the period before taxes9903€16,905
Income taxes67/77€4,352
Profit (loss) for the period9904€12,554
Profit (loss) for the period to be appropriated9905€12,554
Line2025
Assets
Total assets20/58€16,155
Fixed assets21/28€1,368
Tangible fixed assets22/27€1,368
Furniture and vehicles24€1,368
Current assets29/58€14,788
Amounts receivable within one year40/41€2,679
Other amounts receivable41€2,679
Cash at bank and in hand54/58€12,109
Equity and liabilities
Total equity and liabilities10/49€16,155
Equity10/15€12,721
Contributions10/11€1,000
Profit (loss) carried forward14€11,721
Amounts payable17/49€3,435
Amounts payable within one year42/48€3,435
Taxes, remuneration and social security45€2,851
Taxes450/3€2,851
Other amounts payable47/48€583
Line2025
Profit (loss) for the period9904€12,554
+ Depreciation and write-downs630€111
Operating cash flow (approximation)€12,665

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 03-08-2026 2026-00373854

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.