Equity
€256,615 ▲ 12.4%
Cortex Engineering has made a profit without a break since 2022.
Cortex Engineering
Lifetime
8 annual accounts with figures on one time axispeak €198,026 (2018)
€114,619▲ 30.5%
lowest -€41,939 (2021)
€28,249▲ 227%
peak €256,615 (2025)
€256,615▲ 12.4%
€849,264▼ 5.5%
Board1 name since 2017
1 director
Documentsfilings and deeds
11-03-202650 days before the deadline
2025micro format
Gross margin from €87,843 to €114,619Result from €8,650 to €28,249Equity from €228,366 to €256,615
Key points
from the 2025 annual accountsTurnover
≈ €190,000 estimated
The micro format states no turnover.
Debts
€849,264 77% of the balance sheet
Financial debts 82%Suppliers 0%Taxes and wages 4%Other 14%
Of this, €174,945 falls due within a year.
Filings
8 annual accounts 1 late
The 2018 accounts came 24 days late. The other seven were filed on time.
Starting capital
€18,600 186 shares
Position in the sector
€1.1m
Larger balance sheet than 90% of companies in head offices and management consultancy. Sector median €180,607 · 41,232 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,372 companies had the same profile as Cortex Engineering has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
1.4%
stopped another way
1.8%
went bankrupt
Another 0.1% 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 2,372 companies, not a prediction for Cortex Engineering. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0678829655
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
Change of role: , from manager to director · “Activiteiten op het gebied van management consulting, interim management, engineering consulting, marketing &…” (deed in Dutch) · General meeting of 17-09-2024 · Gazette deed
Registered office moved from Nijlen to Itegem
New registered office: Lenkestraat 21, 2222 Itegem · Previous registered office: Schooldijk 4 a, 2560 Nijlen · Board meeting of 04-05-2021 · Gazette deed
Environmental permit granted
Bouwen of herbouwen, Slopen of verwijderen, Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen and 1 more · Heist-op-den-Berg
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Cortex Engineering Heist-op-den-Berg | €1.1m | €114,619 | 23.2% | - |
| R. WUYTS Turnhout | €1.1m | €116,901 | 26.5% | - |
| ENVISION Willebroek | €1.1m | €109,946 | 16.2% | - |
| Gilgamesh Lier | €1.1m | €130,279 | 35.1% | - |
| Bastien Kalmthout | €1.2m | €132,405 | 22.3% | 0 |
| GROUP-Z Antwerp | €1.0m | €97,063 | 26.9% | - |
| AMMOVEO CONSULTING Antwerp | €0.9m | €114,094 | 88.5% | - |
These companies have the same main activity as Cortex Engineering: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €903,000 and €1.2m, founded between 2017 and 2018.
Official details
Source: KBO- Status
- Active since 25-07-2017Normal situation
- Activity
- Business and other management consultancyNACE 70200and 3 others
- Establishment unit
- 2.268.051.8222222 Heist-op-den-Berg, since 25-07-2017
- Financial year end
- 30 September
- Peppol
- Reachable since 28-02-2025
Annual accounts to 30-09-2025
- €1.1m▼ 1.8%
- Filing
- Filed on 11-03-2026, 50 days before the end of the filing period
Insights on Cortex Engineering
Cortex Engineering files the micro format. That format states no turnover. The gross margin fell from €198,026 in 2018 to €114,619 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets, financed with long-term debt.
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 Engineering
- What is the company number of Cortex Engineering?
- The company number of Cortex Engineering is 0678.829.655. The VAT number is the same number with BE in front: BE 0678.829.655.
- Where is Cortex Engineering based?
- The registered office is at Lenkestraat 21, 2222 Heist-op-den-Berg.Company details
- What does Cortex Engineering do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Cortex Engineering?
- Cortex Engineering is a private limited company (BV).
- When was Cortex Engineering founded?
- Cortex Engineering was founded on 25-07-2017.
- Is Cortex Engineering still active?
- Yes, Cortex Engineering is an active enterprise in the KBO register.
- What is the turnover of Cortex Engineering?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €114,619 and 109 comparable companies (NACE 70200). It probably lies between €160,000 and €230,000.Financials
- Is Cortex Engineering profitable?
- In financial year 2025, Cortex Engineering made a profit of €28,249.
- Where can I find the annual accounts of Cortex Engineering?
- Cortex Engineering filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Cortex Engineering due?
- Cortex Engineering must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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