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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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Annual account missing NBB
Fiscal year 2025 was expected before 31 October 2025 and has not been filed.
Financials
Financial year 2024
CORTEX from Manage, company number BE0844194265, closed financial year 2024 with a result of € 15,096 after tax. For that financial year CORTEX recorded a gross margin of € 55,536 and equity of € 63,501. Compared with financial year 2023, the result moved from € 1,029 to € 15,096. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2024.
€ 63,501
▲ 31% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,096
▲ € 14,067 vs 2023
Profit after tax over the fiscal year.
€ 122,031
▲ € 103,483 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 € 43,501.
People and assets in 2024
€ 1,399
▲ 48% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 131,090
▼ 17% vs 2023
€ 28,266 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 13,855
▲ 70% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 15,970
▲ 70% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 69,493 | € 67,317 | € 41,999 | € 55,536 | ▲ 32% |
| Profit after taxes | € 40,565 | € 25,370 | € 1,029 | € 15,096 | ▲ € 14,067 |
| Equity | € 46,007 | € 47,377 | € 48,405 | € 63,501 | ▲ 31% |
| Total debts | € 338,790 | € 305,455 | € 265,277 | € 331,582 | ▲ 25% |
| Cash | € 36,565 | € 12,878 | € 18,548 | € 122,031 | ▲ € 103,483 |
| Land & buildings | € 274,156 | € 258,174 | € 244,164 | € 230,204 | ▼ 6% |
| Retained profit | € 26,007 | € 27,377 | € 28,405 | € 43,501 | ▲ 53% |
| Dividend | € 40,000 | € 24,000 | € 0 | € 0 | |
| Bank debt | € 209,309 | € 184,110 | € 157,976 | € 131,090 | ▼ 17% |
| Balance sheet total | € 389,627 | € 357,532 | € 318,253 | € 399,524 | ▲ 26% |
Key figures of CORTEX, fiscal years 2021 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 October 2025.
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: profit of € 15,096 (▲ € 14,067 vs 2023). Source: NBB ↗
- New establishment in Manage. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,565 profit in 2021 to € 15,096 profit in 2024.
Paid € 34,956 in corporate taxes since 2021.
Best year ever: 2021, with € 40,565 profit.
Paid out € 64,000 in dividends to the owners in total.
Management
Behind CORTEX is QUENTIN CASSART.
Directors
According to the 2024 annual accounts
QUENTIN CASSART
Managing director
Establishments
Establishment units
Physical locations of this company
Rue de la Paix 23
7170 Manage
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0844.194.265
- VAT number
- BE 0844.194.265
- Registered office
- Rue de la Paix 23, 7170 Manage
- Names & denominations
- CORTEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2012
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
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