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I.T. CORTEX

Active Public limited companyfounded 1987active for 39 yearsEikenlaan 55, 1180 UccleKBO/BCE: BE 0431.448.575

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1988
peak €96,054 (2021)
€28,386▼ 43.2%
lowest -€37,185 (2018)
-€23,117▼ €48,367
peak €189,981 (2024)
€166,865▼ 12.2%
€35,345▼ 55.5%
peak 0 FTE (2007)
-not published
Board2 names since 2023
1 director
Documentsfilings and deeds
30-05-202662 days before the deadline
2025micro format
Gross margin from €49,940 to €28,386Loss of €23,117Equity from €189,981 to €166,865Debts from €79,485 to €35,345Cash from €2,070 to €4,953

Key points

from the 2025 annual accounts

Liquidity

5.72 was 3.39 in 2024

Short-term debts fell from €79,485 to €35,345.

Filings

34 annual accounts since 1988
AprilJune31 JulyOctober1990200020102020

The last five annual accounts were filed 62 to 85 days before the end of the period.

Position in the sector

-€23,117

Lower net result than 93% of companies in head offices and management consultancy. Sector median €26,442 · 41,246 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,843 companies had the same profile as I.T. CORTEX has now. Each dot stands for 15 companies, two years later.

84.3%
were still trading
13.6%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% 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.

The companies in ten equal groups, from the lowest to the 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 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 5,843 companies, not a prediction for I.T. CORTEX. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0431448575
Reappointments: (managing director) and (director) General meeting of 02-05-2022 · Gazette deed
First establishment I.T.C., Eikenlaan 55, Uccle
Incorporation published on 23-07-1987 · Gazette deed
All 52 events

Comparable companies

same main activity, similar in size and age
Company
I.T. CORTEX Uccle €202,209 €28,386 82.5% -
SIR CONCEPT Uccle €243,599 €27,078 -65.8% -
IMMO TNT Tielt €217,602 €30,176 93.2% 0
Zime Wavre €199,552 €29,560 99.1% -
ALTITUDE PLUS Liège €223,896 €30,825 66.1% -
INFOMAR Sint-Niklaas €183,008 €28,342 39.6% -
B.D.M.B. Tournai €193,277 €29,137 30.7% -

These companies have the same main activity as I.T. CORTEX: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €183,000 and €244,000, founded between 1984 and 1991.

Official details

Source: KBO
Status
Active since 29-06-1987Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment unit
2.029.571.2831180 Uccle, since 10-07-1987
Financial year end
31 December
Peppol
Reachable since 03-12-2025
Company details

Annual accounts 2025

≈ €83,000estimated
€202,209▼ 25.0%
Filing
Filed on 30-05-2026, 62 days before the end of the filing period
Financials

Insights on I.T. CORTEX

I.T. CORTEX files the micro format. That format states no turnover. The gross margin rose from €27,448 in 2006 to €28,386 in 2025.

In May 2023, the Official Gazette published the appointment of as managing director.

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 I.T. CORTEX

What is the company number of I.T. CORTEX?
The company number of I.T. CORTEX is 0431.448.575. The VAT number is the same number with BE in front: BE 0431.448.575.
Where is I.T. CORTEX based?
The registered office is at Eikenlaan 55, 1180 Uccle.Company details
What does I.T. CORTEX do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of I.T. CORTEX?
I.T. CORTEX is a public limited company (NV).
When was I.T. CORTEX founded?
I.T. CORTEX was founded on 29-06-1987.
Is I.T. CORTEX still active?
Yes, I.T. CORTEX is an active enterprise in the KBO register.
What is the turnover of I.T. CORTEX?
The turnover in financial year 2025 is ≈ €83,000. This figure is estimated from the gross margin of €28,386 and 144 comparable companies (NACE 70200). It probably lies between €49,000 and €110,000. In financial year 2024 turnover was €175,818.Financials
Is I.T. CORTEX profitable?
In financial year 2025, I.T. CORTEX made a loss of €23,117.
Where can I find the annual accounts of I.T. CORTEX?
I.T. CORTEX filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of I.T. CORTEX due?
I.T. CORTEX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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