Cortes-Ko
Cortes-Ko is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €140.06M and a net result of €-509k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 57% of 678 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €140.06M |
| Net result | €-509k |
| Better than sector | 57% |
| Active | 5 yrs |
Mixed profile: strong on stability, weaker on profitability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 53.6% | 44.9% | |
| Net result | €-509k | €48k | |
| Equity | €140.06M | €1.36M | |
| Total assets | €261.15M | €5.58M |
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-509k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €261.15M |
| Equity | €140.06M |
| Debt | €121.09M |
| of which ≤ 1y | €16.58M |
| of which > 1y | €93.47M |
| Working capital | n/a |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 53.6% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | -0.2% |
| ROE | -0.4% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €261.15M |
| Fixed assets | 21/28 | €254.38M |
| Financial fixed assets | 28 | €254.38M |
| Current assets | 29/58 | €6.77M |
| Amounts receivable within one year | 40/41 | €6.55M |
| Cash & bank | 54/58 | €211k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €261.15M |
| Equity | 10/15 | €140.06M |
| Contributions / capital | 10/11 | €150.04M |
| Accumulated profits (losses) | 14 | €-9.98M |
| Amounts payable | 17/49 | €121.09M |
| Amounts payable after one year | 17 | €93.47M |
| Amounts payable within one year | 42/48 | €16.58M |
| Trade debts payable within one year | 44 | €100k |
| Income statement | ||
| Turnover | 70 | €1.50M |
| Operating result | 9901 | €1.42M |
| Financial income | 75 | €4.33M |
| Financial charges | 65 | €6.25M |
| Result before taxes | 9903 | €-509k |
| Net result for the period | 9904 | €-509k |
| Result to be appropriated | 9905 | €-509k |
-
MOKON BVLegal entityDirector· perm. rep.: Joseph MOORSState Gazette act 23122431 (25-09-2023)Current02-06-2023 → present
-
InnercomLegal entityDirector· perm. rep.: VAN REMOORTEL Patrick Bernard JosephinaState Gazette act 23327199 (28-03-2023)Current28-03-2023 → present
Former directors (4)
-
BV MOBANLegal entityDirector· perm. rep.: Joseph MOORSState Gazette act 23122431 (25-09-2023)Former- → 02-06-2023
-
Former- → 28-03-2023
-
Former- → 28-03-2023
-
Joris Brams BVLegal entityDirector· perm. rep.: Joris BramsState Gazette act 22064028 (27-05-2022)Former- → 18-05-2022
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| EY Bedrijfsrevisoren BVCurrent Statutory auditor · represented by Christophe Beckers |
- | 23-07-2021 → present |
| Stefan Olivier Statutory auditor |
- | - → 30-05-2025 |
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Public limited company(014) |
| Incorporation | 09-06-2021 |
| Status | Active |
| Postal code | 3520 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71443F0368/02D005 | Flanders | 273 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
11-08-2026 Act object · Notarial deed · General meeting · Demerger
- Act object: PARTIËLE SPLITSING MET OPRICHTING · KONINGS
- Publication: 11/08/2026 · KONINGS
- Filing: 03/08/2026 · KONINGS
- Notarial deed: 29/07/2026 · KONINGS
- General meeting: 29/07/2026 · KONINGS
- Demerger: date: 29/07/2026, accounting_effect: 01/01/2026 · KONINGS
- Demerger: date: 29/07/2026, accounting_effect: 01/01/2026 · KONINGS
- Incorporation: 29/07/2026 · KONINGS BEVERAGES
- Incorporation: 29/07/2026 · KONINGS BEVERAGES ASSETS
- Founding capital: amount: 2199024.34, shares: 379895, currency: EUR · KONINGS BEVERAGES
- Founding capital: amount: 9670026.11, shares: 379895, currency: EUR · KONINGS BEVERAGES ASSETS
- Capital decrease: after: 7497004.32, delta: -2502995.68, amount: 7497004.32, currency: EUR · KONINGS
- Capital: amount: 10000000.0, shares: 379895, currency: EUR · KONINGS
- Share issue: count: 379895, recipient: e4 · KONINGS BEVERAGES
- Share issue: count: 379895, recipient: e4 · KONINGS BEVERAGES ASSETS
- Accounting effect: 01/01/2026 · KONINGS
- Filing representative: formaliteiten KBO, Ondernemingsloket, BTW, UBO-register, aandelenregister · A&O Schearman
- Filing representative: formaliteiten KBO, Ondernemingsloket, BTW, UBO-register, aandelenregister · A&O Schearman
- Filing representative: formaliteiten KBO, Ondernemingsloket, BTW, UBO-register, aandelenregister · A&O Schearman
Technical details
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}11-08-2026 Act object · Notarial deed · Incorporation · Demerger
- Act object: Oprichting · KONINGS BEVERAGES
- Publication: 11/08/2026 · KONINGS BEVERAGES
- Filing: 03/08/2026 · KONINGS BEVERAGES
- Notarial deed: 29/07/2026 · KONINGS BEVERAGES
- Incorporation: 29/07/2026 · KONINGS BEVERAGES
- Demerger · KONINGS
- Founding capital: amount: 2199024.34, shares: 379895, currency: EUR · KONINGS BEVERAGES
- Share issue: type: aandelen zonder vermelding van nominale waarde, count: 379895 · KONINGS BEVERAGES
- Purpose: de fabricatie van dranken omvattende de fabricatie en bereiding van geestrijke dranken, de rectificatie van alcohol, distillerie van granen en fruit; bereiding van aroma's, de fabricatie en bereiding van aperitieven; de bereiding van gist, cider, wijn en schuimwijn; de bereiding van fruitwijn en schuimwijn van fruit; de bereiding van bier, frisdrank en vruchtensappen; de handel, zowel groot- als kleinhandel, in likeuren, wijnen en alle andere dranken, voedingswaren en aanverwante artikelen, benevens de in- en uitvoer van alle vermelde artikelen; het maken, produceren, verkopen en in het algemeen handelen van alle soorten van ontsmettende alcohol... · KONINGS BEVERAGES
- Permanent representative · Dirk MARIS
- Permanent representative · Joseph MOORS
- Permanent representative · Jos RUTTEN
- Permanent representative · Luc NULENS
- Permanent representative · Giel MARIS
- Permanent representative · Sven VERMEULEN
- Mandate compensation: onbezoldigd · BI-HELIOS
- Accounting effect: 01/01/2026 · KONINGS BEVERAGES
- First fiscal year: 31/12/2026 · KONINGS BEVERAGES
- Filing representative: alle formaliteiten inzake inschrijving, wijziging of stopzetting bij het Ondernemingsloket en de Kruispuntbank der Ondernemingen (KBO) alsmede bij de Administratie voor de BTW ... opening van een elektronisch effectenregister (eStox) ... inschrijving en de wijzigingen van de wettelijk opgelegde gegevens in het UBO-register · A&O Schearman
- Asset transfer: 73 arbeidsovereenkomsten · KONINGS
- Legal effect: 29/07/2026 · KONINGS
Technical details
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}10-08-2026 Act object · Notarial deed · General meeting · Incorporation
- Act object: Oprichting & wijziging van de naam · KONINGS BEVERAGES ASSETS
- Publication: 10/08/2026 · KONINGS BEVERAGES ASSETS
- Filing: 03/08/2026 · KONINGS BEVERAGES ASSETS
- Notarial deed: 29/07/2026 · KONINGS BEVERAGES ASSETS
- General meeting: 29/07/2026 · KONINGS BEVERAGES ASSETS
- Incorporation: 29/07/2026 · KONINGS BEVERAGES ASSETS
- Demerger · KONINGS
- Demerger · KONINGS
- Founding capital: amount: 9670026.11, shares: 379895, currency: EUR, description: inbreng in natura · KONINGS BEVERAGES ASSETS
- Share issue: type: aandelen zonder vermelding van nominale waarde, count: 379895 · KONINGS BEVERAGES ASSETS
- Share transfer: count: 379895, description: toegekend aan de enige aandeelhouder van de te splitsen vennootschap · NV CORTES-KO
- Purpose: De vennootschap heeft tot voorwerp, in België en in het buitenland, zowel in eigen naam als voor eigen rekening als in naam en voor rekening van derden... A. Specifieke activiteiten: -De fabricatie van dranken... -Het aanleggen... van een roerend patrimonium... -Het verlenen van diensten... -Onderneming in onroerende goederen... B. Algemene activiteiten... · KONINGS BEVERAGES ASSETS
- Permanent representative · Dirk MARIS
- Permanent representative · Joseph MOORS
- Permanent representative · Jos RUTTEN
- Permanent representative · Luc NULENS
- Permanent representative · Sven VERMEULEN
- Mandate compensation: onbezoldigd · BV BI-HELIOS
- First fiscal year: end: 31/12/2026, start: 29/07/2026 · KONINGS BEVERAGES ASSETS
- Accounting effect: 01/01/2026 · KONINGS BEVERAGES ASSETS
- Name change: to: BEVERAGES ASSETS, from: KONINGS BEVERAGES ASSETS · KONINGS BEVERAGES ASSETS
- Power of attorney: formaliteiten inzake inschrijving, wijziging of stopzetting bij het Ondernemingsloket en de KBO ... opening van een elektronisch effectenregister ... UBO-register · A&O Schearman
- Real estate: description: Eén volledig operationele KHS-vullijn van 90.000 blikken/uur ... gebouwgebonden installaties ... basisvergunning ... netaansluitingsovereenkomst ... inrichtingswerken betreffende het gehuurde bedrijfsgebouw te 3600 Genk, Henry Fordlaan 12C, Blok 3 (Mondeo), Units 18 en 19 · KONINGS BEVERAGES ASSETS
Technical details
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}12-11-2025 Christophe Beckers appointed as statutory auditor
- Christophe Beckers, Commissaris
Technical details
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}11-08-2025 Transaction in capital or shares
Technical details
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}30-05-2025 Stefan Olivier resigns as statutory auditor
- Stefan Olivier, Commissaris
Technical details
{
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{
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}25-04-2025 Articles of association amended
Technical details
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}25-09-2023 1 director appointed, 1 resigning
- Joseph MOORS, Bestuurder
- Joseph MOORS, Bestuurder
Technical details
{
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}28-03-2023 1 director appointed, 2 resigning
- VAN REMOORTEL Patrick Bernard Josephina, Bestuurder
- JORIS BRAMS, Bestuurder
- Tower Consulting, Bestuurder
Technical details
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}27-05-2022 Joris Brams resigns as director
- Joris Brams, Bestuurder
Technical details
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},
"effective_date": "2022-05-18",
"evidence_quote": "Be\u00EBindiging van het mandaat van Joris Brams BV, vast vertegenwoordigd door Joris Brams voor de uitoefening van zijn mandaat als bestuurder var\u0131 de Vennootschap tot eri met de datum van de ondertekening van deze schriftelijke besluiten."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0769.480.412",
"name_full": "CORTES-KO",
"legal_form": "NV"
}
}05-10-2021 Registered office moved from Houthalen-Helchteren to Zonhoven
- Dorpsstraat 18, 3530 Houthalen-Helchteren → Beringersteenweg 98, 3520 Zonhoven
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Zonhoven",
"region": null,
"street": "Beringersteenweg",
"country": "BE",
"postcode": "3520",
"box_number": null,
"street_number": "98"
},
"old_address": {
"city": "Houthalen-Helchteren",
"region": null,
"street": "Dorpsstraat",
"country": "BE",
"postcode": "3530",
"box_number": "1/1",
"street_number": "18"
},
"effective_date": "2021-08-17",
"evidence_quote": "Blijkens de notulen van de Vergadering van de Raad van Bestuur d.d. 17 augustus 2021 werd beslist om, met ingang van 17 augustus 2021, de zetel van de vennootschap te verplaatsen 3530 Houthalen-Helchteren, Dorpsstraat 18/1/1, van: naar: 3520 Zonhoven, Beringersteenweg 98."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0769.480.412",
"name_full": "CORTES-KO",
"legal_form": "NV"
}
}31-08-2021 Change in the board of directors
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0769.480.412",
"name_full": "CORTES-KO",
"legal_form": "NV"
}
}11-06-2021 Incorporation of a new NV
Technical details
{
"kind": "oprichting",
"seat": "Dorpsstraat 18/1/1, 3530 Houthalen",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": "0555.677.861",
"name": "NEW-KIDS"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": "0555.677.861",
"holder_org_name": "NEW-KIDS",
"contribution_type": "cash",
"amount_paid_in_eur": 30750,
"holder_person_name": null,
"is_subscriber_only": false,
"n_shares_subscribed": 30750,
"amount_subscribed_eur": 30750,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": "0421.883.286",
"name": "BNP PARIBAS FORTIS PRIVATE EQUITY BELGIUM"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": "0421.883.286",
"holder_org_name": "BNP PARIBAS FORTIS PRIVATE EQUITY BELGIUM",
"contribution_type": "cash",
"amount_paid_in_eur": 30750,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 30750,
"amount_subscribed_eur": 30750,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 61500,
"subject_company": {
"kbo": "0769.480.412",
"name_full": "Cortes-Ko",
"legal_form": "NV"
},
"initial_directors": [],
"incorporation_date": "2021-06-09",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Cortes-Ko |