Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CORTESIN from Schilde, company number BE0552777264, closed financial year 2025 with a result of € -23,702 after tax. For that financial year CORTESIN recorded a gross margin of € 16,923 and equity of € -4,151. Compared with financial year 2024, the result moved from € -25,300 to € -23,702. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ -4,151
▼ € 23,702 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,702
▲ 6 % less loss than in 2024
Profit after tax over the fiscal year.
€ 33,283
▲ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -269,151.
Debts at end 2025
€ 265,000
Loans from banks and other lenders, long and short.
€ 183
▲ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 12,792 | € 19,760 | € 16,535 | € 16,923 | ▲ 2% |
| Profit after taxes | € -28,915 | € -22,724 | € -25,300 | € -23,702 | ▲ € 1,598 |
| Equity | € 67,576 | € 44,851 | € 19,551 | € -4,151 | ▼ € 23,702 |
| Total debts | € 530,872 | € 542,036 | € 541,319 | € 558,944 | ▲ 3% |
| Cash | € 8,057 | € 20,104 | € 17,322 | € 33,283 | ▲ 92% |
| Land & buildings | € 588,375 | € 564,331 | € 540,660 | € 518,404 | ▼ 4% |
| Retained profit | € -197,424 | € -220,149 | € -245,449 | € -269,151 | ▼ € 23,702 |
| Bank debt | € 265,000 | € 265,000 | € 265,000 | € 265,000 | |
| Balance sheet total | € 598,448 | € 586,888 | € 560,871 | € 554,793 | ▼ 1% |
Key figures of CORTESIN, 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 CORTESIN?
What happened at CORTESIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 23,702. filed late Source: NBB ↗
- Marc Van Huffelen became a director. NBB
- Viviane Matthys became a director. NBB
- New establishment in Schilde. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,915 loss in 2022 to € 23,702 loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CORTESIN are Marc Van Huffelen and Viviane Matthys. Marc Van Huffelen is also behind ADVOCATENKANTOOR VAN HUFFELEN and VIGO. Viviane Matthys is also behind VM-Consulting.
Directors
According to the 2025 annual accounts
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Steynhoefsedreef 7
2970 Schilde
Victor Frislei 2
2970 Schilde
Active since 19 May 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0552.777.264
- VAT number
- BE 0552.777.264
- Registered office
- Steynhoefsedreef 7, 2970 Schilde
- Names & denominations
- CORTESIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 May 2014
- Peppol
- Active · Active since 3 Sept 2025
- Contact
- [email protected] 0472 32 69 76