Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.7 to 4.1.
Financials
Financial year 2025
CORVAN from Roeselare, company number BE0461126221, closed financial year 2025 with a result of € 54,860 after tax. For that financial year CORVAN recorded a gross margin of € 499,689 and equity of € 749,448. Compared with financial year 2024, the result moved from € -162,999 to € 54,860. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 9, 2026.
€ 749,448
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,860
▲ still € 162,999 loss in 2024
Profit after tax over the fiscal year.
€ 524,889
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 50,000 paid out
91 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4.1
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 332,093
▼ 7% vs 2024
€ 81,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 53,442
▲ 71% vs 2024
Of which on lease € 30,517.
Debts at end 2025
€ 1.1 million
▼ 3% vs 2024
€ 69,054 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 38,132
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 74,145
▲ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 691,690 | € 692,010 | € 301,225 | € 499,689 | ▲ 66% |
| Profit after taxes | € 187,707 | € 118,242 | € -162,999 | € 54,860 | ▲ € 217,860 |
| Equity | € 789,345 | € 907,587 | € 744,588 | € 749,448 | ▲ 1% |
| Total debts | € 1,442,537 | € 1,306,930 | € 1,280,322 | € 1,239,276 | ▼ 3% |
| Cash | € 348,977 | € 385,176 | € 451,533 | € 524,889 | ▲ 16% |
| Land & buildings | € 1,042,464 | € 1,014,779 | € 976,688 | € 938,598 | ▼ 4% |
| Retained profit | € 727,345 | € 845,587 | € 682,588 | € 687,448 | ▲ 1% |
| Dividend | € 0 | € 0 | € 0 | € 50,000 | |
| Bank debt | € 1,083,316 | € 1,148,029 | € 1,086,202 | € 1,053,937 | ▼ 3% |
| Balance sheet total | € 2,231,882 | € 2,214,516 | € 2,024,909 | € 1,988,724 | ▼ 2% |
| Employees (FTE) | 6.4 | 5.7 | 4.6 | 4.1 | ▼ 0.5 |
By gross margin, CORVAN ranks 4th of 4 companies with main activity “Vervaardiging van hijs-, hef- en transportwerktuigen” in Roeselare that publish figures (fiscal year 2025).
Key figures of CORVAN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
Ask about CORVAN the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
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 2025: profit of € 54,860. Source: NBB ↗
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 187,707 profit in 2022 to € 54,860 profit in 2025.
Paid € 56,268 in corporate taxes since 2022.
Best year ever: 2022, with € 187,707 profit.
On average € 121,900 of value added per employee in 2025.
Management
Behind CORVAN are David CORTEVILLE, Hedwig CORTEVILLE, Rina HORRÉ and Brecht CORTEVILLE.
Directors
According to the 2025 annual accounts
David CORTEVILLE
Director
Hedwig CORTEVILLE
Managing director
Rina HORRÉ
Director
Brecht CORTEVILLE
Director
Establishments
Establishment units
Physical locations of this company
Krommebeekpark 25
8800 Roeselare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Roeselare
Same main activity (Vervaardiging van hijs-, hef- en transportwerktuigen), 6 active companies in Roeselare, largest first.
€ 23.7 million revenue · 2025
€ 14.7 million revenue · 2025
€ 4.3 million gross margin · 2025
€ 1.5 million gross margin · 2025
€ 1.1 million gross margin · 2025
Details
- Company number
- 0461.126.221
- VAT number
- BE 0461.126.221
- Registered office
- Krommebeekpark 25, 8800 Roeselare
- Names & denominations
- CORVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 1997
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Vervaardiging van hijs-, hef- en transportwerktuigen
Niet-gespecialiseerde groothandel
Overige groothandel
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige industrie, neg
Overige industrie, n.e.g.
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering