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VORTEX architecture

Active
Private limited companyfounded 2023active for 3 yearsRue René Descartes 2, 7000 Mons, Belgium25 active companies are registered at this addressKBO/BCE: BE 0803.585.810
Summary

VORTEX architecture has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€8,967) and a net result of -€10,712. Its solvency ranks better than 6% of 11,720 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Activities of building architects
NACE 71111
1 site
Size
€28,209total assets 2025
Equity
-€8,967
Loss
-€10,712
Turnover not published (micro format)
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
2025 accounts filed 30 days late
Why 52raises riskCapped at 59: negative equityNegative equity -€8,9671 change of registered office in 24 monthslowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Size: total assets €28,209Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 6% of its sector peers (NACE 71, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0-29
equity -31.8% of total assets
Liquidity 38+22
short-term debt 130.4% · cash 30.7%
Profitability 0-59
return on assets -38.0%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,810 companies, NACE 71, micro)
Last 24 months 11-2024: 0.5%lowest value 12-2024: 0.6%▲ +0.1 percentage points vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.7%▲ +0.1 percentage points vs 02-2025 04-2025: 0.6%▼ -0.1 percentage points vs 03-2025 05-2025: 1.1%▲ +0.5 percentage points vs 04-2025 06-2025: 1.3%▲ +0.2 percentage points vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.0%▼ -0.3 percentage points vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.1%▲ +0.1 percentage points vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.6%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 0.8%▼ -0.8 percentage points vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.29, compared with 0.64 in 2024, below 1; short-term debt: 130.4% and cash: 30.7% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (NACE 71, micro): better than 3% on solvency, 18% on liquidity, 4% on profitability and 0% on growth.

The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · Negative equity -€8,967
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €28,209
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€8,967
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
30 days late
2024
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 30 days after the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Registered officeRegistered-office move · Director in…

Financials · financial year 2025, micro format

2025 annual accounts filed late (30 days) Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00499274.

Equity
-€8,967
2024 · €1,746
Total assets
€28,209▼ 30.2%
2024 · €40,389
Net result
-€10,712▼ 4,110%
2024 · -€254
Working capital
-€26,094▼ 114%
2024 · -€12,175
Trend over the years

2024 to 2025, 2 financial years

The operating result turns negative in 2025: a loss of €7,640 after €1,614 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€7,640 2025 Net result-€10,712 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€1,614--€7,640
Net result-€254below the sector's middle half--€10,712below the sector's middle half▼ 4,110%
Equity€1,746below the sector's middle half--€8,967below the sector's middle half
Total assets€40,389below the sector's middle half-€28,209below the sector's middle half▼ 30.2%
Debt€38,643-€37,176▼ 3.8%
Working capital-€12,175below the sector's middle half--€26,094below the sector's middle half▼ 114%
Solvency4.3%below the sector's middle half--31.8%below the sector's middle half▼ 36.1pp
Current ratio0.64below the sector's middle half-0.29below the sector's middle half▼ 0.35
Return on assets (ROA)-0.6%below the sector's middle half--38.0%below the sector's middle half▼ 37.3pp
above within below the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28,209
Fixed assets €17,516 ▼ 7.1%
Current assets €10,694 ▼ 50.3%
Equity and liabilities
Equity-€8,967
Debt€37,176
Equity is negative: debt (€37,176) exceeds the balance-sheet total (€28,209).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€4,501▼
2024 · €5,779
Cash flow
-€7,573▼
2024 · €3,911
Interest coverage
-1.46▼
2024 · 4.90
Debt ≤ 1 year
€36,788▲
2024 · €33,705
Debt > 1 year
€388▼
2024 · €4,938
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.8% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€40,389€28,209▼
Fixed assets21/28€18,859€17,516▼
Intangible fixed assets21€11,814€10,500▼
Tangible fixed assets22/27€7,044€5,748▼
Plant, machinery and equipment23€7,044€5,748▼
Financial fixed assets28-€1,268
Current assets29/58€21,530€10,694▼
Amounts receivable within one year40/41€17,599€1,711▼
Trade receivables40€17,599€1,711▼
Cash at bank and in hand54/58€3,931€8,672▲
Deferred charges and accrued income490/1-€311
Equity and liabilities
Total equity and liabilities10/49€40,389€28,209▼
Equity10/15€1,746-€8,967▼
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€254-€10,967▼
Amounts payable17/49€38,643€37,176▼
Amounts payable after more than one year17€4,938€388▼
Financial debts170/4€4,938€388▼
Amounts payable within one year42/48€33,705€36,788▲
Current portion of amounts payable after more than one year42€4,363€4,551▲
Trade debts44€4,499€7,914▲
Suppliers440/4€4,499€7,914▲
Taxes, remuneration and social security45€11,842€11,323▼
Taxes450/3€10,472€7,109▼
Remuneration and social security454/9€1,371€4,215▲
Other amounts payable47/48€13,000€13,000=
Income statement Code20242025
Remuneration, social security and pensions62€7,543-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,165€3,139▼
Other operating charges640/8€749€3,498▲
Gross operating margin9900€14,071-€1,003▼
Operating profit (loss)9901€1,614-€7,640▼
Financial charges65/66B€1,179€3,073▲
Recurring financial charges65€1,179€3,073▲
Profit (loss) for the period before taxes9903€435-€10,712▼
Income taxes67/77€690-
Profit (loss) for the period9904-€254-€10,712▼
Profit (loss) for the period to be appropriated9905-€254-€10,712▼
Appropriation of the result
Profit (loss) to be appropriated9906-€254-€10,967▼
Profit (loss) brought forward from the previous period14P--€254

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€7,543--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,165€3,139▼ 24.6%
Other operating charges640/8€749€3,498▲ 367%
Gross operating margin9900€14,071-€1,003-
Operating profit (loss)9901€1,614-€7,640-
Financial charges65/66B€1,179€3,073▲ 161%
Recurring financial charges65€1,179€3,073▲ 161%
Profit (loss) for the period before taxes9903€435-€10,712-
Income taxes67/77€690--
Profit (loss) for the period9904-€254-€10,712▼ 4,110%
Profit (loss) for the period to be appropriated9905-€254-€10,712▼ 4,110%
Line20242025Change
Assets
Total assets20/58€40,389€28,209▼ 30.2%
Fixed assets21/28€18,859€17,516▼ 7.1%
Intangible fixed assets21€11,814€10,500▼ 11.1%
Tangible fixed assets22/27€7,044€5,748▼ 18.4%
Plant, machinery and equipment23€7,044€5,748▼ 18.4%
Financial fixed assets28-€1,268-
Current assets29/58€21,530€10,694▼ 50.3%
Amounts receivable within one year40/41€17,599€1,711▼ 90.3%
Trade receivables40€17,599€1,711▼ 90.3%
Cash at bank and in hand54/58€3,931€8,672▲ 121%
Deferred charges and accrued income490/1-€311-
Equity and liabilities
Total equity and liabilities10/49€40,389€28,209▼ 30.2%
Equity10/15€1,746-€8,967-
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€254-€10,967▼ 4,210%
Amounts payable17/49€38,643€37,176▼ 3.8%
Amounts payable after more than one year17€4,938€388▼ 92.1%
Financial debts170/4€4,938€388▼ 92.1%
Amounts payable within one year42/48€33,705€36,788▲ 9.1%
Current portion of amounts payable after more than one year42€4,363€4,551▲ 4.3%
Trade debts44€4,499€7,914▲ 75.9%
Suppliers440/4€4,499€7,914▲ 75.9%
Taxes, remuneration and social security45€11,842€11,323▼ 4.4%
Taxes450/3€10,472€7,109▼ 32.1%
Remuneration and social security454/9€1,371€4,215▲ 208%
Other amounts payable47/48€13,000€13,000=
Line20242025Change
Profit (loss) for the period9904-€254-€10,712▼ 4,110%
+ Depreciation and write-downs630€4,165€3,139▼ 24.6%
Operating cash flow (approximation)€3,911-€7,573-
Investment in fixed assets (approximation)--€1,796-
Change in cash-€4,741-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 30-08-2026 2026-00499274
31-12-2024 micro format 29-08-2025 2025-00435570

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 18,231 active companies whose main activity is activities of building architects (NACE 71111), figures are known for 6,447. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2023
DI TIMOTEO Jeremy
Director (not named in the articles) · since 07-07-2023
Current
ROBINET Paul Jean Michel
Director (not named in the articles) · since 07-07-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2023, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DI TIMOTEO Jeremy
  • Director (not named in the articles), from 07-07-2023 to date
ROBINET Paul Jean Michel
  • Director (not named in the articles), from 07-07-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 5 July 2023, VORTEX architecture was incorporated as a private limited company.1 In 2025 the registered office moved to Mons.2 Of the 2 current board members, 2 have served since 2023.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 23-04-2025
  3. 3Belgian Official Gazette, 07-07-2023

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
30-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 30 days late
2025
29-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 29 days late
23-04
Gazette deed Registered office
Registered-office move · Director in office3 facts ▸
  • General meeting, 04-04-2025
  • Registered-office move, Rue René Descartes 2,7000 Mons
  • Director in office, Jeremy DI TIMOTEO (director)
2023
07-07
Gazette deed Incorporation
Appointments: ROBINET Paul Jean Michel (director) and DI TIMOTEO Jeremy (director) · Founder · Founding capital15 facts ▸
  • Incorporation, “VORTEX architecture” (deed in French)
  • Founder, ROBINET Paul Jean Michel
  • Founder, DI TIMOTEO Jeremy
  • Founding capital, €2,000
  • Other provision, 13-06-2023
  • Shareholding, 1000, 1000 (2 times)
  • Bank account, “compte spécial société en formation, Banque CBC” (deed in French)
  • Other provision, “fonds à disposition”, 2000 (deed in French)
  • Other provision, “comparants, arrêt des statuts” (deed in French)
  • Capital
  • Registered office clause, “7000 Mons, rue des Soeurs Noires 4” (deed in French)
  • Board rule, 2, “assemblée” (deed in French)
  • +3 further facts in this act
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded05-07-2023
Financial year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
68322Real estate appraisal on a fee or contract basis
71112Activities of interior architects
71121Engineering and related technical consultancy, excluding land surveyors
Contact
E-mail contact@vortex.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803585810
Registered 08-08-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Mons · 1 establishment unit since 2023
registered office establishment approximate The establishment unit on the map
Ground area
9,402 m²
Building footprint
1,224 m²
Building volume
6,666 m³
2 parcels, Wallonia · tallest building 8.1 m. Linked by address, not a title deed.
25 companies at this address See who is registered here
1 establishment unit
VORTEX architecture
Rue René Descartes 4, 7000 MonsActivities of building architects
since 2023unit no. 2.347.116.324
2 parcels
Wallonia 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
53402A0191/00A003 Wallonia 5,829 m² 1 · 1,224 m² 8.1 m · 1
53402A0191/00X015 Wallonia 3,573 m² - -
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“La prestation de services relevant de l’exercice de la profession d’architecte ainsi que les activités connexes et non incompatibles avec…” (deed in French)
3 activities (deed in French)
  1. La prestation de services relevant de l’exercice de la profession d’architecte ainsi que les activités connexes et non incompatibles avec celle-ci
  2. Accomplir, dans les limites de son objet, en Belgique ou à l'étranger, tous actes et opérations généralement quelconques, mobiliers ou immobiliers, financiers, industriels se rapportant directement ou indirectement à son objet et qui ne sont pas en contradiction avec les règles de déontologie de l'Ordre des Architectes
  3. S'intéresser par voie d'apport, de cession, de fusion, de souscription, de participation, d'intervention financière ou par toute autre voie, dans toutes entreprises ou sociétés ayant un objet non-incompatible avec la profession d’architecte

The full purpose is in the deed

Name clauseThe name the company operates under according to its articles.
VORTEX architecture
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région Wallonne, établissement ou suppression sièges d'exploitation par simple décision organe sans changement régime linguistique” (deed in French)

deed of 07-07-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“1, assemblée fixe nombre durée mandat et en pluralité pouvoirs” (deed in French)

deed of 07-07-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre actions nominatives avec mentions Code des sociétés et des associations” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed
Share issue ruleHow and by whom new shares can be issued.
“Apport en numéraire avec émission nouvelles actions, ouverture souscription” (deed in French)

deed of 07-07-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of June at 18:00

deed of 07-07-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Prévues pour modifications aux statuts, Conseil provincial compétent de l’Ordre des Architectes” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Dissolution pour quelque cause et à quelque moment, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)

deed of 07-07-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Indivisibilité des titres, vote suspendu jusqu'à désignation unique titulaire droit vote à l’égard société” (deed in French)
Other provision: “Actions d’architecte, qualité des actionnaires” (deed in French)
Other provision: “Gestion journalière, un ou plusieurs membres ou directeurs” (deed in French)
Other provision: “Délibérations, ne délibère que propositions à l'ordre du jour” (deed in French)
Other provision: “Pouvoirs de l'assemblée générale, assemblée générale des actionnaires” (deed in French)
Liquidation distribution: “Biens conservés remis pour partage même proportion, apurement dettes charges frais ou consignation montants nécessaires” (deed in French)
Other provision: “Droit commun-déontologie, Conseil Provincial compétent” (deed in French)
Other provision: “Dispositions nécessaires intérêt clients, impossibilité d'exercer profession d'architecte” (deed in French)
4 more provisions in the deed, see the deed of 07-07-2023

deed of 07-07-2023