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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CORTEZ NY from Brussel, company number BE0798807470, closed financial year 2025 with a result of € -15,542 after tax. Compared with financial year 2024, the result moved from € -119,220 to € -15,542. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 30.1 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,542
▲ 87 % less loss than in 2024
Profit after tax over the fiscal year.
€ 8,368
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -134,762.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8,581
▼ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 202 days on average.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Profit after taxes | € -119,220 | € -15,542 | ▲ € 103,678 |
| Equity | € 32,792,280 | € 30,113,738 | ▼ 8% |
| Total debts | € 52,726 | € 8,581 | ▼ 84% |
| Cash | € 127,425 | € 8,368 | ▼ 93% |
| Retained profit | € -119,220 | € -134,762 | ▼ € 15,542 |
| Balance sheet total | € 32,845,006 | € 30,122,319 | ▼ 8% |
Key figures of CORTEZ NY, fiscal years 2024 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 CORTEZ NY?
What happened at CORTEZ NY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BALDES NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 15,542. Source: NBB ↗
- BALDES NV became a director. NBB
- New establishment in Brussel. KBO
- Jehanne de Walque became a director. NBB
- Peter Maenhout became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 119,220 loss in 2024 to € 15,542 loss in 2025.
Management
Behind CORTEZ NY are Jehanne de Walque and Peter Maenhout. It owns 10% of Brabo Investments S.a r.l. itself.
Directors
According to the 2025 annual accounts
Jehanne de Walque
Director
Also active at: M80 Partners, Liburna, STICHTING TEGEN KANKER, Cease Fire, M80 Capital Debt
since 2023
Peter Maenhout
Director
Also active at: Lazarus, M80 Partners, M80 Capital, Gerantis, Wooden Ships, Liburna, M80 Capital II, Hope for Happiness +2 more
since 2023
Director · represented by Carl Annicq
Also active at: PIDE, LASER ENGINEERING APPLICATIONS, Theuma Group, Wooden Ships, YUMA
since 2025 · until 2028
Establishments
Establishment units
Physical locations of this company
Livornostraat 158
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →BALDES same network
€ 5,796 gross margin · 2025
M80 Partners same network
€ 1.6 million gross margin · 2025
M80 Capital same network
Wooden Ships same network
Coxcomb Red
€ 10,528 gross margin · 2025
+6 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
- 0798.807.470
- VAT number
- BE 0798.807.470
- Registered office
- Livornostraat 158, 1000 Brussel
- Names & denominations
- CORTEZ NY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2023
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings