CORTEX MANAGEMENT (0544.572.549): annual accounts and directors

CORTEX MANAGEMENT

Molenbeek-Saint-Jean ·KBO/BCE: BE 0544.572.549

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%

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%

Company
CORTEX MANAGEMENT Molenbeek-Saint-Jean	€90,731	-€29,907	54.4%	-
Transplantoux Sportclub International Leuven	€90,487	-€6,244	34.7%	-
Olivia Borlée Uccle	€79,493	-€4,636	-43.1%	-
J.T.O. Bonheiden	€109,611	-€18,318	-331.4%	-
CITY GOLF EVENTS Antwerp	€91,456	€1,502	89.0%	-
Paul Minjauw Vilvoorde	€108,431	-€9,639	97.2%	-
CLUBSUPPORT Ternat	€77,192	-€34,927	85.0%	0

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Balance sheet: assets
`20/58`	90,731	122,945	168,888	164,521	64,370	37,016	81,528	85,303	26,394	9,900	12,391
`21/28`	667	1,432	1,877	4,682	9,817	15,304	19,615	9,653	144	1,154	1,154
`22/27`	667	1,432	1,877	4,682	9,817	15,304	19,615	9,653	144	1,154	1,154
`24`	667	1,432	1,877	4,682	9,817	15,304	19,615	9,653	144	1,154	1,154
`29/58`	90,064	121,513	167,011	159,839	54,553	21,712	61,913	75,650	26,250	8,746	11,236
`40/41`	1,950	1,180	1,180	-	528	1,975	-	12,283	7,556	456	-
`40`	-	-	-	-	528	258	-	10,000	7,556	209	-
`41`	1,950	1,180	1,180	-	-	1,717	-	2,283	-	248	-
`54/58`	84,654	117,489	160,389	157,056	54,025	19,737	59,282	62,109	18,694	8,289	11,236
`490/1`	3,459	2,844	5,442	2,783	-	-	2,631	1,258	-	-	-
Balance sheet: equity and liabilities
`10/49`	90,731	122,945	168,888	164,521	64,370	37,016	81,528	85,303	26,394	9,900	12,391
`10/15`	49,361	81,417	114,269	77,063	11,047	-833	28,677	32,996	-6,507	-17,652	-16,722
`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,072	18,072	18,072
`10`	18,600	18,600	18,600	18,600	18,600	-	-	-	-	-	-
`100`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,072	18,072	18,072
`13`	119,560	119,560	119,560	83,560	23,560	11,860	11,860	11,860	-	-	-
`130/1`	1,860	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-
`130`	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	-	-	-
`133`	117,700	117,700	117,700	81,700	21,700	10,000	10,000	10,000	-	-	-
`14`	-88,799	-56,743	-23,891	-25,097	-31,113	-31,293	-1,783	2,536	-24,578	-35,724	-34,794
`17/49`	41,370	41,528	54,620	87,459	53,323	37,848	52,851	52,307	32,901	27,552	29,113
`42/48`	41,370	41,528	54,620	87,459	53,323	37,848	52,851	52,307	32,901	27,552	29,113
`44`	4,328	3,030	27,414	3,071	1,897	1,273	15,369	12,153	1,958	-	575
`440/4`	4,328	3,030	27,414	3,071	1,897	1,273	15,369	12,153	1,958	-	575
`45`	5,482	30,938	19,576	57,989	17,003	13,025	13,356	11,027	2,247	-	908
`450/3`	5,482	18,938	19,576	34,989	5,003	1,025	1,356	11,027	2,247	-	908
`454/9`	-	12,000	-	23,000	12,000	12,000	12,000	-	-	-	-
`47/48`	31,560	7,560	7,630	26,399	34,423	23,550	24,126	29,127	28,696	27,552	27,630
Income statement
`70`	-	-	-	-	25,947	1,659	-	-	21,950	-	-
`76A`	-	-	-	-	-	-	-	-	-	927	-
`9900`	-29,907	-30,486	61,635	114,516	20,762	-22,792	14,316	54,431	13,617	-538	-27,235
`60/61`	-	-	-	-	24,934	28,951	-	-	8,333	1,465	-
`630`	765	445	4,943	5,135	5,760	5,669	5,877	2,780	-	-	357
`640/8`	1,230	1,759	1,506	16,219	756	894	2,412	469	-	-	6,222
`66A`	-	-	-	-	-	-	3,916	-	1,010	-	-
`9901`	-31,902	-32,690	55,187	93,162	14,247	-29,355	2,111	51,181	12,607	-538	-33,814
`75/76B`	-	-	-	-	4	150	-	0	-	55	209
`75`	-	-	-	-	4	150	-	0	-	55	209
`65/66B`	154	161	576	2,302	1,071	305	601	1,207	1,461	54	1,189
`65`	154	161	576	2,302	1,071	305	601	1,207	1,461	54	1,189
`9903`	-32,056	-32,851	54,611	90,860	13,180	-29,509	1,509	49,974	11,145	-537	-34,794
`67/77`	-	-	17,405	24,975	-	-	5,829	11,000	-	393	-
`9904`	-32,056	-32,851	37,206	65,885	13,180	-29,509	-4,320	38,974	11,145	-930	-34,794
`9905`	-32,056	-32,851	37,206	65,885	13,180	-29,509	-4,320	38,974	11,145	-930	-34,794
Appropriation of the result
`9906`	-88,799	-56,743	12,109	34,903	-18,113	-31,293	-1,783	14,396	-24,578	-35,724	-34,794
`14P`	-56,743	-23,891	-25,097	-30,983	-31,293	-	-	-	-	-	-
`691/2`	-	-	36,000	60,000	13,000	-	-	11,860	-	-	-
`6920`	-	-	-	-	-	-	-	1,860	-	-	-
`6921`	-	-	36,000	60,000	13,000	-	-	10,000	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	14-10-2026	2026-00556652	PDF
31-12-2024	micro format	28-07-2025	2025-00316302	PDF
31-12-2023	micro format	28-08-2024	2024-00388858	PDF
31-12-2022	micro format	01-09-2023	2023-00406177	PDF
31-12-2021	micro format	01-08-2022	2022-20265273	PDF
31-12-2020	micro format	31-08-2021	2021-62500078	PDF
31-12-2019	micro format	17-08-2020	2020-41600420	PDF
31-12-2018	micro format	15-07-2019	2019-32700562	PDF
31-12-2017	micro format	02-08-2018	2018-43600344	PDF
31-12-2016	micro format	20-09-2017	2017-62300229	PDF
31-12-2015	full format	29-06-2016	2016-27200276	PDF

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
-31,137	-32,245	60,130	98,297	20,007	-23,686	7,988	53,962	-	-	-33,457
-31,291	-32,406	42,149	71,020	18,940	-23,840	1,558	41,755	-	-	-34,437
0	0	1,127	23,489	273	1,358	24,831	12,289	-	-	1,512
-32,835	-42,900	3,333	103,032	34,288	-39,545	-2,827	43,415	10,405	-2,947	-
48,694	79,985	112,391	72,381	1,230	-16,136	9,062	23,343	-6,651	-18,806	-17,876
-	-	-	-	54.9%	-	-	-	57.4%	-	-
54.4%	66.2%	67.7%	46.8%	17.2%	-2.2%	35.2%	38.7%	-24.7%	-178.3%	-135.0%
2.18	2.93	3.06	1.83	1.02	0.57	1.17	1.45	0.80	0.32	0.39
0.84	0.51	0.48	1.13	4.83	-	1.84	1.59	-	-	-
-64.9%	-40.3%	32.6%	85.5%	119.3%	-	-15.1%	118.1%	-	-	-
-35.3%	-26.7%	22.0%	40.0%	20.5%	-79.7%	-5.3%	45.7%	42.2%	-9.4%	-280.8%
-202.32	-200.08	over 100	42.70	18.68	-	-	-	-	-	-
-	-	-	-	7 days	57 days	-	-	126 days	-	-
-	-	-	-	28 days	16 days	-	-	86 days	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	€0	€1,127	€23,489	€273
	€765	€445	€4,943	€5,135	€5,760

Overview

Lifetime

Key points

Equity

Losses

Filings

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on CORTEX MANAGEMENT

Financials

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency54.4%

Current ratio2.18

Return on assets-35.3%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on CORTEX MANAGEMENT

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

No group

At the same address

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

in euro

in euro

54.4%

2.18

-35.3%