What does NewCort do?

NewCort is registered with the CBE as active in: Ontwikkeling van niet-residentiële bouwprojecten. Public Limited, started on 29 December 2000, 1 establishment.

What is the address of NewCort?

The registered office of NewCort is located at Louizalaan 54, 1050 Brussel.

Is NewCort still active?

Yes. According to the CBE (30 October 2026) NewCort is active, legal situation “Normale toestand”, started on 29 December 2000.

Is NewCort registered on Peppol?

Yes, NewCort is registered on the Peppol network with ID 0208:0473648327.

What is the enterprise number of NewCort?

The enterprise number of NewCort is BE0473648327.

When was NewCort founded?

NewCort was founded on 29 December 2000.

Who are the directors of NewCort?

According to the 2025 annual accounts, the directors of NewCort are: Marc Gärtner, Laurence Simillon, Axel Ceusters.

Is NewCort a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 December 2000; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did NewCort make in 2025?

NewCort recorded a loss after taxes of € 37,032 in financial year 2025.

What is the revenue of NewCort?

In its most recent annual accounts (2025), NewCort reported revenue of € 1,156,940.

NewCort (Public Limited) - Brussel - BE0473648327

Dossier NewCort, printed on 30 October 2026 from databakkes.be/en/0473648327/newcort. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

NewCort from Brussel, company number BE0473648327, closed financial year 2025 with a result of € -37,032 after tax. For that financial year NewCort recorded revenue of € 1.2 million and equity of € 4 million. Compared with financial year 2024, the result moved from € 350,220 to € -37,032. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.

What it is worth Healthy

€ 4 million

▼ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -37,032

▼ still € 350,220 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4.2 million

▼ 3% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 144,277.

Debts at end 2025

Bank debt

€ 12.1 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 195,804

▲ 264% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 294 days on average.

Taxes

€ 29,151

▲ € 23,674 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,253,964 Revenue 2022: € 1,253,964 First fiscal year in the series	€ 1,251,752 Revenue 2023: € 1,251,752 Unchanged (€ 1,253,964) Unfavourable step	€ 1,235,729 Revenue 2024: € 1,235,729 ▼ 1% vs 2023 (€ 1,251,752) Unfavourable step	€ 1,156,940 Revenue 2025: € 1,156,940 ▼ 6% vs 2024 (€ 1,235,729) Unfavourable step	▼ 6%
Profit after taxes	€ 372,432 Profit after taxes 2022: € 372,432 First fiscal year in the series	€ 312,930 Profit after taxes 2023: € 312,930 ▼ 16% vs 2022 (€ 372,432) Unfavourable step	€ 350,220 Profit after taxes 2024: € 350,220 ▲ 12% vs 2023 (€ 312,930) Favourable step	€ -37,032 Profit after taxes 2025: € -37,032 ▼ € 387,251 vs 2024 (€ 350,220) Unfavourable step	▼ € 387,251
Equity	€ 5,024,442 Equity 2022: € 5,024,442 First fiscal year in the series	€ 4,024,442 Equity 2023: € 4,024,442 ▼ 20% vs 2022 (€ 5,024,442) Unfavourable step	€ 4,024,442 Equity 2024: € 4,024,442 Unchanged (€ 4,024,442) Unchanged	€ 3,987,411 Equity 2025: € 3,987,411 ▼ 1% vs 2024 (€ 4,024,442) Unfavourable step	▼ 1%
Total debts	€ 13,138,076 Total debts 2022: € 13,138,076 First fiscal year in the series	€ 12,941,305 Total debts 2023: € 12,941,305 ▼ 1% vs 2022 (€ 13,138,076) Favourable step	€ 13,116,586 Total debts 2024: € 13,116,586 ▲ 1% vs 2023 (€ 12,941,305) Unfavourable step	€ 12,716,926 Total debts 2025: € 12,716,926 ▼ 3% vs 2024 (€ 13,116,586) Favourable step	▼ 3%
Cash	€ 4,835,966 Cash 2022: € 4,835,966 First fiscal year in the series	€ 3,870,535 Cash 2023: € 3,870,535 ▼ 20% vs 2022 (€ 4,835,966) Unfavourable step	€ 4,347,053 Cash 2024: € 4,347,053 ▲ 12% vs 2023 (€ 3,870,535) Favourable step	€ 4,213,334 Cash 2025: € 4,213,334 ▼ 3% vs 2024 (€ 4,347,053) Unfavourable step	▼ 3%
Land & buildings	€ 12,461,811 Land & buildings 2022: € 12,461,811 First fiscal year in the series	€ 12,031,409 Land & buildings 2023: € 12,031,409 ▼ 3% vs 2022 (€ 12,461,811) Unchanged	€ 11,612,913 Land & buildings 2024: € 11,612,913 ▼ 3% vs 2023 (€ 12,031,409) Unchanged	€ 11,178,032 Land & buildings 2025: € 11,178,032 ▼ 4% vs 2024 (€ 11,612,913) Unchanged	▼ 4%
Retained profit	€ 181,309 Retained profit 2022: € 181,309 First fiscal year in the series	€ 181,309 Retained profit 2023: € 181,309 Unchanged (€ 181,309) Unchanged	€ 181,309 Retained profit 2024: € 181,309 Unchanged (€ 181,309) Unchanged	€ 144,277 Retained profit 2025: € 144,277 ▼ 20% vs 2024 (€ 181,309) Unfavourable step	▼ 20%
Dividend	€ 372,432 Dividend 2022: € 372,432 First fiscal year in the series	€ 312,930 Dividend 2023: € 312,930 ▼ 16% vs 2022 (€ 372,432) Unchanged	€ 350,220 Dividend 2024: € 350,220 ▲ 12% vs 2023 (€ 312,930) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 350,220) Unchanged	▼ 100%
Bank debt	€ 12,100,000 Bank debt 2022: € 12,100,000 First fiscal year in the series	€ 12,100,000 Bank debt 2023: € 12,100,000 Unchanged (€ 12,100,000) Unchanged	€ 12,100,000 Bank debt 2024: € 12,100,000 Unchanged (€ 12,100,000) Unchanged	€ 12,100,000 Bank debt 2025: € 12,100,000 Unchanged (€ 12,100,000) Unchanged
Balance sheet total	€ 18,162,518 Balance sheet total 2022: € 18,162,518 First fiscal year in the series	€ 16,965,747 Balance sheet total 2023: € 16,965,747 ▼ 7% vs 2022 (€ 18,162,518) Unchanged	€ 17,141,028 Balance sheet total 2024: € 17,141,028 ▲ 1% vs 2023 (€ 16,965,747) Unchanged	€ 16,704,337 Balance sheet total 2025: € 16,704,337 ▼ 3% vs 2024 (€ 17,141,028) Unchanged	▼ 3%

Key figures of NewCort, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to NewCort?

What happened at NewCort in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Axel Ceusters stepped down as director. NBB
2030 Marc Gärtner stepped down as director. NBB
2030 Laurence Simillon stepped down as director. NBB
Jul 1, 2026 New annual accounts for financial year 2025: loss of € 37,032 (▼ € 387,251 vs 2024). Source: NBB ↗
2025 Axel Ceusters became a director. NBB
2024 Marc Gärtner became a director. NBB
2024 Laurence Simillon became a director. NBB
Jan 25, 2001 New establishment in Brussel. KBO

In short

From € 372,432 profit in 2022 to € 37,032 loss in 2025.

Paid € 206,594 in corporate taxes since 2022.

Best year ever: 2022, with € 372,432 profit.

Paid out € 1 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Union Investment Institutional Property GmbH - Belgian Branch 100%

Defo Immobilienfonds 1 V GmbH 0%

NewCort

The shares are held by Union Investment Institutional Property GmbH - Belgian Branch (100%) and Defo Immobilienfonds 1 V GmbH (0%).

Directors

According to the 2025 annual accounts

Marc Gärtner

Director

since 2024 · until 2030

Laurence Simillon

Director

since 2024 · until 2030

Axel Ceusters

Director

since 2025 · until 2031

Shareholders

Union Investment Institutional Property GmbH - Belgian Branch

100%

Defo Immobilienfonds 1 V GmbH

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 54

1050 Brussel

2.101.177.277

Louizalaan 65 box 12

1050 Brussel

Active since 25 January 2001

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0473.648.327

VAT number

BE 0473.648.327

Registered office

Louizalaan 54, 1050 Brussel

Names & denominations

NewCort

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

29 December 2000

Peppol

Active · Active since 16 Dec 2025

Activities · NACE

Ontwikkeling van niet-residentiële bouwprojecten

Projectontwikkeling voor kantoorbouw

View on CBE Public ↗ Annual accounts (NBB) ↗

NewCort

Financials

What happened to NewCort?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions