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.
€ 53,420
▲ 258% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 38,513
▲ € 33,796 vs 2024
Profit after tax over the fiscal year.
€ 10,376
▲ € 10,364 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 € 47,420.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 101,561
▲ 31% vs 2024
Of which on lease € 11,220.
Debts at end 2025
€ 68,832
▲ 44% vs 2024
€ 17,780 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 30,403
▲ 117% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,338
▲ 103% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 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% |
By gross margin, KORVAN ranks 4th of 4 companies with main activity “Bouwrijp maken van terreinen” in Zwevegem that publish figures (fiscal year 2025).
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.
Ask about KORVAN the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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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 ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Ledegem. 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
Behind KORVAN is KORNEEL VANDENBOGAERDE.
Directors
According to the 2025 annual accounts
KORNEEL VANDENBOGAERDE
Director
Establishments
Establishment units
Physical locations of this company
Spinnerijstraat(M) 10
8552 Zwevegem
Leugenstraat 2
8880 Ledegem
Active since 1 March 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Similar companies in Zwevegem
Same main activity (Bouwrijp maken van terreinen), 4 active companies in Zwevegem, largest first.
€ 4 million gross margin · 2025
€ 495,908 gross margin · 2025
€ 242,280 gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VANDENBOGAERDE Korneel Koen Maria(oprichter) 100%
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