Cortys
ActiveCortys has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €-40k. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 78% of 31523 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency97▼-3
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 3.5 in 2024), and 18.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.3%
Return on assets
-39.9%
Age of the figures
8 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
17 d early
2023
39 d early
2022
33 d early
2021
2 d early
2020
78 d late
2019
48 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€136k
EBIT margin
8.7%
Net result
€-40k
2024 · €40k
2018: €23k
2019: €31k
2020: €5k
2021: €53k
2022: €64k
2023: €6k
2024: €40k
2018 → 2025
Working capital
€16k▼ 74.2%
2024 · €62k
2018: €-5k
2019: €27k
2020: €38k
2021: €-3k
2022: €14k
2023: €9k
2024: €62k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€136k
Equity€73k-€101k▲ 38.5%€82k▼ 18.9%€121k▲ 48.2%€81k▼ 32.9%
Operating result€67k-€88k▲ 31.3%€12k▼ 86.6%€56k▲ 372%€-39k
Net result€53k-€64k▲ 20.4%€6k▼ 90.8%€40k▲ 576%€-40k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €39k after €56k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100k
Fixed assets
€65k▲ 8.5%
Current assets
€35k▼ 59.9%
Equity and liabilities €100k
Equity
€81k▼ 32.9%
Debt
€19k▼ 26.6%
The debt ratio rises from 17.4% to 18.7%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-25k▼
2024 · €70k
Cash flow
€-26k▼
2024 · €54k
Solvency
81.3%▼
2024 · 82.6%
Current ratio
1.85▼
2024 · 3.50
Quick ratio
1.85▼
2024 · 3.50
Debt / equity
0.23▲
2024 · 0.21
ROE
-49.1%▼
2024 · 32.5%
ROA
-39.9%▼
2024 · 26.9%
Interest coverage
-55.09▼
2024 · 476.43
Debt
€19k▼
2024 · €26k
Debt ≤ 1 year
€19k▼
2024 · €25k
Income taxes
€422▼
2024 · €16k
Staff costs
€46k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€147k€100k▼
Fixed assets21/28€60k€65k▲
Tangible fixed assets22/27€59k€54k▼
Land and buildings22€37k€46k▲
Furniture and vehicles24€22k€9k▼
Financial fixed assets28€1k€11k▲
Current assets29/58€87k€35k▼
Amounts receivable within one year40/41€18k€19k▲
Trade receivables40€15k€16k▲
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€68k€16k▼
Deferred charges and accrued income490/1€411-
Equity and liabilities
Total equity and liabilities10/49€147k€100k▼
Equity10/15€121k€81k▼
Contributions10/11€8k€8k=
Reserves13€61k€61k=
Distributable reserves133€61k€61k=
Profit (loss) carried forward14€53k€13k▼
Amounts payable17/49€26k€19k▼
Amounts payable within one year42/48€25k€19k▼
Trade debts44€4k€11k▲
Suppliers440/4€4k€11k▲
Taxes, remuneration and social security45€21k€8k▼
Taxes450/3€21k€8k▼
Accrued charges and deferred income492/3€811-
Income statement
Code20242025
Remuneration, social security and pensions62€12k€46k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€2k€8k▲
Gross operating margin9900€84k€29k▼
Operating profit (loss)9901€56k€-39k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€147€448▲
Recurring financial charges65€147€448▲
Profit (loss) for the period before taxes9903€56k€-40k▼
Income taxes67/77€16k€422▼
Profit (loss) for the period9904€40k€-40k▼
Profit (loss) for the period to be appropriated9905€40k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€83k€13k▼
Profit (loss) brought forward from the previous period14P€44k€53k▲
Transfer to equity691/2€31k-
To other reserves6921€31k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-40k ▼201%
Net result drops to €-40k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 3.50
Current ratio from 1.21 to 3.50; short-term debt falls from €45k to €25k.
31-12
Financial
Equity above €100kEq €121k ▲48.2%
7 profitable years in a row build equity to €121k.
22-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €64k ▲20.4%
Operating result €88k, net result €64k, both a record.
31-12
Financial
Equity above €100kEq €101k ▲38.5%
5 profitable years in a row build equity to €101k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 78 days late
2020
13-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 2.54
Current ratio from 0.87 to 2.54; short-term debt falls from €40k to €17k.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Fernelmont · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Goffin, Nov. 35380 FernelmontGround area
441 m²
Building footprint
189 m²
Parcel 92096A0271/02K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Cortys
since 20162.249.684.871
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92096A0271/02K000 | Wallonia | 441 m² | 1 · 189 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 40,029 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-2016
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
47639Retail sale of other sporting goods
47640Retail trade
62100Computer programming
62200Computer consultancy and computer facilities management
64200Holdings
64210Activities of holding companies
73200Market research and public opinion polling
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:christophe.bouchat@cortys.com
E-mail:christophe.bouchat@gmail.com
Phone:0496/511332