Active · per the CBE, 29 October 2026

CORVAN

BE0447404382

Rechtspersoon Public limited company 1 establishment

CORVAN is an IT company in Tielt. Public Limited, started on 13 May 1992, 1 establishment.

Nagelstraat 22, 8700 Tielt

Behind the company: Koenraad VANNESTE.

Active for

34 year, 5 months

Financials

Financial year 2024

CORVAN from Tielt, company number BE0447404382, closed financial year 2024 with a result of € 23,997 after tax. For that financial year CORVAN recorded a gross margin of € 141,849 and equity of € 307,440. Compared with financial year 2023, the result moved from € 42,387 to € 23,997. 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 September 30, 2025.

What it is worth Growing

€ 307,440

▲ 22% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 23,997

▼ 43% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 3,723

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 244,439.

People and assets in 2024

Vehicles and equipment

€ 35,938

▲ 57% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 9 years to go

€ 460,775

▲ € 351,790 vs 2023

€ 50,313 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 112,955

▼ 46% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 46,486

▼ 29% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 97,801 € 131,408 € 135,441 € 141,849 ▲ 5%
Profit after taxes € 31,041 € 58,006 € 42,387 € 23,997 ▼ 43%
Equity € 151,035 € 209,041 € 251,428 € 307,440 ▲ 22%
Total debts € 331,605 € 566,145 € 478,670 € 719,076 ▲ 50%
Cash - € 68,557 € 0 € 3,723
Land & buildings - € 18,920 € 17,017 € 414,881 ▲ € 397,864
Retained profit € 120,049 € 178,054 € 220,441 € 244,439 ▲ 11%
Bank debt € 114,760 € 94,964 € 108,985 € 460,775 ▲ € 351,790
Balance sheet total € 482,641 € 775,186 € 730,098 € 1,026,515 ▲ 41%

Key figures of CORVAN, 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 July 2026.

What happened to CORVAN?

What happened at CORVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2024: profit of € 23,997 (▼ 43% vs 2023). filed late Source: NBB ↗
  • New establishment in Tielt. KBO
  • Start of the company according to the CBE. KBO

In short

From € 31,041 profit in 2021 to € 23,997 profit in 2024.

Paid € 83,626 in corporate taxes since 2021.

Best year ever: 2022, with € 58,006 profit.

Management

Koenraad VANNESTE
CORVAN

Behind CORVAN is Koenraad VANNESTE.

Directors

According to the 2024 annual accounts

Koenraad VANNESTE

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Nagelstraat 22

8700 Tielt

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0447.404.382
VAT number
BE 0447.404.382
Registered office
Nagelstraat 22, 8700 Tielt
Names & denominations
CORVAN
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
13 May 1992
Peppol
Active · Active since 31 Dec 2025
Activities · NACE

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Frequently asked questions

What does CORVAN do?
CORVAN is an IT company in Tielt. Public Limited, started on 13 May 1992, 1 establishment.
What is the address of CORVAN?
The registered office of CORVAN is located at Nagelstraat 22, 8700 Tielt.
Is CORVAN still active?
Yes. According to the CBE (29 October 2026) CORVAN is active, legal situation “Normale toestand”, started on 13 May 1992.
Is CORVAN registered on Peppol?
Yes, CORVAN is registered on the Peppol network with ID 0208:0447404382.
What is the enterprise number of CORVAN?
The enterprise number of CORVAN is BE0447404382.
When was CORVAN founded?
CORVAN was founded on 13 May 1992.