Financials
Financial year 2025
CORVA from Vleteren, company number BE0434744201, closed financial year 2025 with a result of € 227,194 after tax. For that financial year CORVA recorded revenue of € 85.1 million and equity of € 2 million. Compared with financial year 2024, the result moved from € 807,845 to € 227,194. 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 July 17, 2026.
€ 2 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 227,194
▼ 72% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ 286% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.8 million.
Debts at end 2025
€ 186,111
▼ 15% vs 2024
€ 33,333 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 2.7 million
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 12 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 66,354,695 | € 86,535,867 | € 89,310,030 | € 85,088,201 | ▼ 5% |
| Profit after taxes | € 457,767 | € 591,938 | € 807,845 | € 227,194 | ▼ 72% |
| Equity | € 4,059,528 | € 951,466 | € 1,759,311 | € 1,986,505 | ▲ 13% |
| Total debts | € 3,794,501 | € 7,238,454 | € 4,117,696 | € 4,365,538 | ▲ 6% |
| Cash | € 1,940,858 | € 1,420,084 | € 325,079 | € 1,255,645 | ▲ 286% |
| Land & buildings | € 586,944 | € 569,759 | € 552,718 | € 535,766 | ▼ 3% |
| Retained profit | € 3,910,792 | € 802,730 | € 1,610,575 | € 1,837,769 | ▲ 14% |
| Dividend | € 0 | € 3,700,000 | € 0 | € 0 | |
| Bank debt | € 286,111 | € 252,778 | € 219,444 | € 186,111 | ▼ 15% |
| Balance sheet total | € 8,089,868 | € 8,723,575 | € 6,071,878 | € 6,429,258 | ▲ 6% |
Key figures of CORVA, fiscal years 2022 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 CORVA?
What happened at CORVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 227,194 (▼ 72% vs 2024). Source: NBB ↗
- Vico COMMV became a director. NBB
- MLC COMMV became a director. NBB
- GLM COMMV became a director. NBB
- New establishment in Vleteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 457,767 profit in 2022 to € 227,194 profit in 2025.
Paid € 743,869 in corporate taxes since 2022.
Best year ever: 2024, with € 807,845 profit.
Paid out € 3.7 million in dividends to the owners in total.
Management
Behind CORVA are Vico COMMV, MLC COMMV and GLM COMMV. It owns 25% of Fazanthof itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Cornette Vincent
since 2023
Managing director · represented by Cornette Michèle
since 2023
Managing director · represented by Cornette Guillaume
since 2023
Establishments
Establishment units
Physical locations of this company
Woestenstraat(Oost) 41
8640 Vleteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0434.744.201
- VAT number
- BE 0434.744.201
- Registered office
- Woestenstraat(Oost) 41, 8640 Vleteren
- Names & denominations
- CORVA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 1988
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
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Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Groothandel in granen, zaden en diervoeders