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 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 452 days after the legal deadline.
Financials
Financial year 2024
Cortex from Hasselt, company number BE0787699980, closed financial year 2024 with a result of € -20,961 after tax. For that financial year Cortex recorded revenue of € 1,500 and equity of € -40,746. Compared with financial year 2023, the result moved from € -32,785 to € -20,961. 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 October 26, 2026.
€ -40,746
▼ € 20,962 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,961
▲ 36 % less loss than in 2023
Profit after tax over the fiscal year.
€ 5
▼ 97% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -53,746.
Debts at end 2024
€ 7,786
▲ 55% vs 2023
Loans from banks and other lenders, long and short.
€ 19,504
▲ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,694
▼ 69% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Revenue | € 60,380 | € 1,500 | ▼ 98% |
| Gross margin | € -29,045 | € -1,256 | ▲ € 27,789 |
| Profit after taxes | € -32,785 | € -20,961 | ▲ € 11,823 |
| Equity | € -19,785 | € -40,746 | ▼ € 20,962 |
| Total debts | € 35,283 | € 47,772 | ▲ 35% |
| Cash | € 167 | € 5 | ▼ 97% |
| Retained profit | € -32,785 | € -53,746 | ▼ € 20,962 |
| Bank debt | € 5,036 | € 7,786 | ▲ 55% |
| Balance sheet total | € 15,498 | € 7,025 | ▼ 55% |
Key figures of Cortex, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Cortex?
What happened at Cortex in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 20,962. filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,785 loss in 2023 to € 20,962 loss in 2024.
Establishments
Establishment units
Physical locations of this company
Gouverneur Verwilghensingel 6b
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0787.699.980
- VAT number
- BE 0787.699.980
- Registered office
- Gouverneur Verwilghensingel 6b, 3500 Hasselt
- Names & denominations
- Cortex
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2022
- Peppol
- Active · Active since 30 Apr 2026
- Activities · NACE
Activiteiten van holdings
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