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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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
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Busy address KBO
30 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CORTEX HOLDING from Liège, company number BE0555947679, closed financial year 2025 with a result of € 4.6 million after tax. Compared with financial year 2024, the result moved from € 12.2 million to € 4.6 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 20.4 million
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.6 million
▼ 63% vs 2024
Profit after tax over the fiscal year.
€ 137,668
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 13.7 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 257,461
▲ € 257,118 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 323 days on average.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € -127,241 | € -267,036 | € 12,217,083 | € 4,555,116 | ▼ 63% |
| Equity | € 6,039,306 | € 5,983,141 | € 15,838,876 | € 20,393,991 | ▲ 29% |
| Total debts | € 6,104,827 | € 8,474,719 | € 343 | € 3,943,563 | ▲ € 3.9 million |
| Cash | € 12,916 | € 127,555 | € 417,447 | € 137,668 | ▼ 67% |
| Retained profit | € -460,694 | € -727,729 | € 9,128,006 | € 13,683,121 | ▲ 50% |
| Balance sheet total | € 12,144,133 | € 14,457,859 | € 15,839,218 | € 24,337,554 | ▲ 54% |
Key figures of CORTEX HOLDING, fiscal years 2021 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 CORTEX HOLDING?
What happened at CORTEX HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- EMMANUEL MEWISSEN stepped down as director. NBB
- Nicolas LEONARD stepped down as director. NBB
- Sylvain BONIVER stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.6 million (▼ 63% vs 2024). Source: NBB ↗
- EMMANUEL MEWISSEN became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
- Nicolas LEONARD became a director. NBB
In short
From € 127,241 loss in 2021 to € 4.6 million profit in 2025.
Best year ever: 2024, with € 12.2 million profit.
A new publication or filing at CORTEX HOLDING? We notify you, reason included.
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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
The stake of Meuse Bidco, HQ1 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CORTEX HOLDINGThe shares are held by Meuse Bidco (100%) and HQ1 (100%). It owns 100% of VISION GAMING HOLDING LTD, 100% of BETCA BV and 100% of Gaming1 INC itself.
Directors
According to the 2025 annual accounts
EMMANUEL MEWISSEN
Chairman of the board
Also active at: EURO 78, GAMES SERVICES, ODDS SPORTSBAR, CASINO DE SPA, SLOTS, PRES CARATS SPORTS, WINVEST, PARC D'ATTRACTION LIEGEOIS +17 more
since 2022 · until 2026
Nicolas LEONARD
Managing director
Also active at: EURO 78, GAMES SERVICES, ODDS SPORTSBAR, CASINO DE SPA, PRES CARATS SPORTS, WINVEST, PARC D'ATTRACTION LIEGEOIS, CIRCUS BELGIUM +11 more
since 2014 · until 2026
Sylvain BONIVER
Managing director
Also active at: CIRCUS BELGIUM, ARDENT FINANCE, ARDENT CASINO BELGIUM, HQ1, PROCURE1, Meuse Midco, BIGB GAMING, BSMANAGEMENT +1 more
since 2014 · until 2026
Shareholders
100%
100%
Participations
VISION GAMING HOLDING LTD
100%
BETCA BV
100%
Gaming1 INC
100%
Establishments
Establishment units
Physical locations of this company
Rue des Guillemins 129
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 30 companies are registered at this address.
All companies at this address →EURO 78 same network
€ 1.1 million revenue · 2025
GAMES SERVICES same network
€ 2.2 million revenue · 2025
SLOTS same network
€ 3.8 million revenue · 2025
PRES CARATS SPORTS same network
€ 1.8 million revenue · 2025
PARC D'ATTRACTION LIEGEOIS same network
€ 733,868 revenue · 2025
+25 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0555.947.679
- VAT number
- BE 0555.947.679
- Registered office
- Rue des Guillemins 129, 4000 Liège
- Names & denominations
- CORTEX HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2014
- Peppol
- Active · Active since 14 Nov 2025
- Contact
- [email protected] 00 32 4 228 32 00
- Activities · NACE
Activiteiten van loterijen en kansspelen