Active · per the CBE, 29 September 2026

KORVAN

BE0799064719

Rechtspersoon Private limited company 1 establishment

KORVAN is an earthmoving contractor in Zwevegem. Private Limited, started on 1 March 2023, 1 establishment.

Spinnerijstraat(M) 10, 8552 Zwevegem

Behind the company: KORNEEL VANDENBOGAERDE.

Active for

3 year, 6 months

Financials

Financial year 2025

KORVAN from Zwevegem, company number BE0799064719, closed financial year 2025 with a result of € 38,513 after tax. For that financial year KORVAN recorded a gross margin of € 82,026 and equity of € 53,420. Compared with financial year 2024, the result moved from € 4,717 to € 38,513. 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 August 27, 2026.

What it is worth Growing

€ 53,420

▲ 258% vs 2024

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

Profit Growing

€ 38,513

▲ € 33,796 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 10,376

▲ € 10,364 vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 47,420.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 101,561

▲ 31% vs 2024

Of which on lease € 11,220.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 68,832

▲ 44% vs 2024

€ 17,780 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 30,403

▲ 117% vs 2024

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

Taxes and wages

€ 45,338

▲ 103% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202320242025Change 2024 → 2025
Gross margin € 19,078 € 23,541 € 82,026 ▲ 248%
Profit after taxes € 4,189 € 4,717 € 38,513 ▲ € 33,796
Equity € 10,189 € 14,907 € 53,420 ▲ 258%
Total debts € 66,714 € 118,183 € 188,132 ▲ 59%
Cash € 9,790 € 12 € 10,376 ▲ € 10,364
Retained profit € 4,189 € 8,907 € 47,420 ▲ € 38,513
Bank debt € 20,514 € 47,688 € 68,832 ▲ 44%
Balance sheet total € 76,903 € 133,089 € 241,552 ▲ 81%

Key figures of KORVAN, fiscal years 2023 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 KORVAN?

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

  • New annual accounts for financial year 2025: profit of € 38,513 (▲ € 33,796 vs 2024). filed late Source: NBB ↗
  • New establishment in Ledegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 4,189 profit in 2023 to € 38,513 profit in 2025.

Paid € 15,661 in corporate taxes since 2023.

Best year ever: 2025, with € 38,513 profit.

Management

KORNEEL VANDENBOGAERDE
KORVAN

Behind KORVAN is KORNEEL VANDENBOGAERDE.

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Directors

According to the 2025 annual accounts

KORNEEL VANDENBOGAERDE

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Spinnerijstraat(M) 10

8552 Zwevegem

2.342.395.689

Leugenstraat 2

8880 Ledegem

Active since 1 March 2023

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 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
0799.064.719
VAT number
BE 0799.064.719
Registered office
Spinnerijstraat(M) 10, 8552 Zwevegem
Names & denominations
KORVAN
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
1 March 2023
Peppol
Active · Active since 13 Nov 2025
Activities · NACE

Bouwrijp maken van terreinen

Landschapsverzorging

Frequently asked questions

What does KORVAN do?
KORVAN is an earthmoving contractor in Zwevegem. Private Limited, started on 1 March 2023, 1 establishment.
What is the address of KORVAN?
The registered office of KORVAN is located at Spinnerijstraat(M) 10, 8552 Zwevegem.
Is KORVAN still active?
Yes. According to the CBE (29 September 2026) KORVAN is active, legal situation “Normale toestand”, started on 1 March 2023.
Is KORVAN registered on Peppol?
Yes, KORVAN is registered on the Peppol network with ID 0208:0799064719.
What is the enterprise number of KORVAN?
The enterprise number of KORVAN is BE0799064719.
When was KORVAN founded?
KORVAN was founded on 1 March 2023.