Cortex & Co
ActiveSummary
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.
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-05-2025 Normal situation
- Registered office
- 79 active companies are registered at this address 18 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.373.360.366 6110 Montigny-le-Tilleul, since 06-05-2025
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.7%
- Gross margin
- €16,990
- Turnover
- ≈ €130,000
- estimated
- Profit
- €12,554
- Equity
- €12,721
- Total assets
- €16,155
- 2025 accounts filed 3 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsNo main activity registeredFounded in 2025lowers riskLiquidity: current ratio 4.31, cash €12,109Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 3 days after the deadline 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.
Annual accounts 2025 filed on 03-08-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €1,479 |
| Financial fixed assets | €0 |
| Depreciation and write-downs of the year | €111 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
| Line | 2025 |
|---|---|
| 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 |
| Line | 2025 | |
|---|---|---|
| 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 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €12,554 |
| + Depreciation and write-downs630 | €111 |
| Operating cash flow (approximation) | €12,665 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 11,279 companies had the same profile as Cortex & Co has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
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 497,446 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-08-2026 | 2026-00373854 |
Board & ownership
Directors
Owners and capital
Shareholders
- AL BARAJRAJI Mejdeddine 1,000 shares (100%) · €1,000 in cash
Capital transactions
- 09-05-2025 Incorporation · €1,000 · 1,000 shares
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “En vertu des statuts si aucun autre liquidateur désigné, assemblée générale peut désigner un ou plusieurs liquidateurs et déterminer…”
Articles of association, deed of 09-05-2025 (in French)
Network & group
Cortex & Co shares no director with another company.
Companies at the same address
78 other companies- SINOPIA LABS Registered office · since 2026 1044678914
- Gorissen, Sabine (sole trader) Establishment · since 2026 1043800469
- TM SUCCESS Registered office · since 2026 1044082066
- RMP Toiture Establishment · since 2026 1018861175
- LLM Ostéopathie Registered office · since 2026 1042953896
- DEFYN Registered office · since 2026 1041504440
- DL LOGISTIC Registered office · since 2026 1039760321
- FEDEROCK LIVE MANAGEMENT Registered office · since 2026 1039226128
- One Roar For Animals Registered office · since 2026 1038087664
- ALTER OENO CONSEIL BELGIQUE Registered office · since 2026 1037920190
Connections & network
1 current directorThe network starts from the directors of Cortex & Co. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
05-02
Gazette deed
Registered office moved from Montigny-le-Tilleul to NamurNew seat: Rue Joseph Saintraint 1, 5000 Namur · Previous seat: Rue de la Montagne 157 - 6110 Montigny-le-Tilleul2 points ▸
- General meeting, “L'Assemblée” (deed in French)
- Registered-office move, Rue Joseph Saintraint 1, 5000 Namur
09-05
Gazette deed
IncorporationStarting capital €1,000 · Appointment: AL BARAJRAJI Mejdeddine (director) · Founder11 points ▸
- Incorporation, 05-05-2025
- Founder, AL BARAJRAJI Mejdeddine
- Founding capital, €1,000
- Other provision, 23-04-2025, mentioned 2 times in the deed
- Other provision, “attestation notariée du dépôt en espèces”, 1000 (deed in French)
- Other provision, “arrêté des statuts” (deed in French)
- Share issue, 1000, “rémunération des apports” (deed in French)
- Registered office clause, “6110 Montigny-le-Tilleul, rue de la Montagne 157” (deed in French)
- Board rule, 1
- Director appointment, AL BARAJRAJI Mejdeddine (director (not named in the articles))
- Pre-incorporation commitments, “takeover, engagements,obligations et activités entrepris au nom et pour compte de la société en formation” (deed in French)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Rue de la Montagne 157, 6110 Montigny-le-Tilleul until 12-12-2025 · act of 05-02-2026
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92094C1119/00C000 | Wallonia | 778 m² | 1 · 476 m² | 18.8 m · 4 |
| 52048B0677/00Y000 | Wallonia | 115 m² | 1 · 45 m² | 9.2 m · 2 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.