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 39 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
CORT ART from Schoten, company number BE0788892288, closed financial year 2024 with a result of € 17,032 after tax. For that financial year CORT ART recorded a gross margin of € 76,301 and equity of € 87,807. Compared with financial year 2023, the result moved from € 36,778 to € 17,032. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 87,807
▲ 30% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,032
▼ 54% vs 2023
Profit after tax over the fiscal year.
€ 20,328
▼ 62% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 84,807.
People and assets in 2024
€ 29,721
▲ 29% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,647
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 444,543
€ 22,396 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 5,344
Supplier invoices still open on the last day of the fiscal year.
€ 19,360
▲ 94% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 46,262 | € 71,278 | € 76,301 | ▲ 7% |
| Profit after taxes | € 30,998 | € 36,778 | € 17,032 | ▼ 54% |
| Equity | € 30,998 | € 67,776 | € 87,807 | ▲ 30% |
| Total debts | € 9,871 | € 10,423 | € 473,699 | ▲ € 463,276 |
| Cash | € 39,653 | € 52,830 | € 20,328 | ▼ 62% |
| Land & buildings | - | - | € 531,992 | |
| Retained profit | € 30,998 | € 67,776 | € 84,807 | ▲ 25% |
| Bank debt | € 0 | € 0 | € 444,543 | |
| Balance sheet total | € 40,869 | € 78,199 | € 561,506 | ▲ € 483,308 |
Key figures of CORT ART, fiscal years 2022 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 CORT ART?
What happened at CORT ART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 17,032 (▼ 54% vs 2023). filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Murat Cortcu became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 30,998 profit in 2022 to € 17,032 profit in 2024.
Paid € 21,897 in corporate taxes since 2022.
Best year ever: 2023, with € 36,778 profit.
A new publication or filing at CORT ART? 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
Behind CORT ART is Murat Cortcu. Murat Cortcu is also behind Art Dentist.
Directors
According to the 2024 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Ridder Walter Van Havrelaan 390
2900 Schoten
Frans Adriaenssensstraat 41
2170 Antwerpen
Active since 26 July 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0788.892.288
- VAT number
- BE 0788.892.288
- Registered office
- Ridder Walter Van Havrelaan 390, 2900 Schoten
- Names & denominations
- CORT ART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 July 2022
- Peppol
- Not registered
- Activities · NACE
Activiteiten van tandartspraktijken