What does InCorDev do?

InCorDev is a research organisation in Westerlo. Private Limited, started on 10 February 2011, 1 establishment.

What is the address of InCorDev?

The registered office of InCorDev is located at Boskant 16, 2260 Westerlo.

Is InCorDev still active?

Yes. According to the CBE (29 October 2026) InCorDev is active, legal situation “Normale toestand”, started on 10 February 2011.

Is InCorDev registered on Peppol?

Yes, InCorDev is registered on the Peppol network with ID 0208:0833651751.

What is the enterprise number of InCorDev?

The enterprise number of InCorDev is BE0833651751.

When was InCorDev founded?

InCorDev was founded on 10 February 2011.

Who are the directors of InCorDev?

According to the 2025 annual accounts, the directors of InCorDev are: Patricia CASAER, Kristoff CORTEN.

Is InCorDev a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 February 2011; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did InCorDev make in 2025?

InCorDev recorded a loss after taxes of € 90,214 in financial year 2025.

What is the revenue of InCorDev?

As a small company, InCorDev is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 9,617.

InCorDev (Private Limited) - Westerlo - BE0833651751

Dossier InCorDev, printed on 29 October 2026 from databakkes.be/en/0833651751/incordev. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 2 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

InCorDev from Westerlo, company number BE0833651751, closed financial year 2025 with a result of € -90,214 after tax. For that financial year InCorDev recorded a gross margin of € 9,617 and equity of € -318,802. Compared with financial year 2024, the result moved from € -255,727 to € -90,214. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.

What it is worth Caution

€ -318,802

▼ € 90,214 vs 2024

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

Loss Caution

€ -90,214

▲ 65 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 16,497

▼ 25% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -336,802.

People and assets in 2025

Wage cost

€ 35,741

▼ 36% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 14,151

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 23 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 499,893

▲ 266% vs 2024

€ 22,212 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.

Owed to suppliers

€ 146,559

▲ € 145,349 vs 2024

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

Taxes

€ 6,565

▼ 1% vs 2024

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)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 21,015 Gross margin 2022: € 21,015 First fiscal year in the series	€ 2,310 Gross margin 2023: € 2,310 ▼ 89% vs 2022 (€ 21,015) Unfavourable step	€ -189,535 Gross margin 2024: € -189,535 ▼ € 191,844 vs 2023 (€ 2,310) Unfavourable step	€ 9,617 Gross margin 2025: € 9,617 ▲ € 199,151 vs 2024 (€ -189,535) Favourable step	▲ € 199,151
Profit after taxes	€ -37,332 Profit after taxes 2022: € -37,332 First fiscal year in the series	€ -54,842 Profit after taxes 2023: € -54,842 ▼ € 17,510 vs 2022 (€ -37,332) Unfavourable step	€ -255,727 Profit after taxes 2024: € -255,727 ▼ € 200,885 vs 2023 (€ -54,842) Unfavourable step	€ -90,214 Profit after taxes 2025: € -90,214 ▲ € 165,513 vs 2024 (€ -255,727) Favourable step	▲ € 165,513
Equity	€ 81,982 Equity 2022: € 81,982 First fiscal year in the series	€ 27,140 Equity 2023: € 27,140 ▼ 67% vs 2022 (€ 81,982) Unfavourable step	€ -228,588 Equity 2024: € -228,588 ▼ € 255,727 vs 2023 (€ 27,140) Unfavourable step	€ -318,802 Equity 2025: € -318,802 ▼ € 90,214 vs 2024 (€ -228,588) Unfavourable step	▼ € 90,214
Total debts	€ 288,153 Total debts 2022: € 288,153 First fiscal year in the series	€ 315,603 Total debts 2023: € 315,603 ▲ 10% vs 2022 (€ 288,153) Unfavourable step	€ 539,856 Total debts 2024: € 539,856 ▲ 71% vs 2023 (€ 315,603) Unfavourable step	€ 685,603 Total debts 2025: € 685,603 ▲ 27% vs 2024 (€ 539,856) Unfavourable step	▲ 27%
Cash	€ 66,501 Cash 2022: € 66,501 First fiscal year in the series	€ 39,699 Cash 2023: € 39,699 ▼ 40% vs 2022 (€ 66,501) Unfavourable step	€ 22,010 Cash 2024: € 22,010 ▼ 45% vs 2023 (€ 39,699) Unfavourable step	€ 16,497 Cash 2025: € 16,497 ▼ 25% vs 2024 (€ 22,010) Unfavourable step	▼ 25%
Land & buildings	€ 264,220 Land & buildings 2022: € 264,220 First fiscal year in the series	€ 264,220 Land & buildings 2023: € 264,220 Unchanged (€ 264,220) Unchanged	€ 264,220 Land & buildings 2024: € 264,220 Unchanged (€ 264,220) Unchanged	€ 0 Land & buildings 2025: € 0 ▼ 100% vs 2024 (€ 264,220) Unchanged	▼ 100%
Retained profit	€ 63,982 Retained profit 2022: € 63,982 First fiscal year in the series	€ 9,140 Retained profit 2023: € 9,140 ▼ 86% vs 2022 (€ 63,982) Unfavourable step	€ -246,588 Retained profit 2024: € -246,588 ▼ € 255,727 vs 2023 (€ 9,140) Unfavourable step	€ -336,802 Retained profit 2025: € -336,802 ▼ € 90,214 vs 2024 (€ -246,588) Unfavourable step	▼ € 90,214
Bank debt	€ 178,942 Bank debt 2022: € 178,942 First fiscal year in the series	€ 157,975 Bank debt 2023: € 157,975 ▼ 12% vs 2022 (€ 178,942) Favourable step	€ 136,617 Bank debt 2024: € 136,617 ▼ 14% vs 2023 (€ 157,975) Favourable step	€ 499,893 Bank debt 2025: € 499,893 ▲ 266% vs 2024 (€ 136,617) Unfavourable step	▲ 266%
Balance sheet total	€ 370,135 Balance sheet total 2022: € 370,135 First fiscal year in the series	€ 342,742 Balance sheet total 2023: € 342,742 ▼ 7% vs 2022 (€ 370,135) Unchanged	€ 311,268 Balance sheet total 2024: € 311,268 ▼ 9% vs 2023 (€ 342,742) Unchanged	€ 366,801 Balance sheet total 2025: € 366,801 ▲ 18% vs 2024 (€ 311,268) Unchanged	▲ 18%

Key figures of InCorDev, 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 InCorDev?

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

Jul 23, 2026 New annual accounts for financial year 2025: loss of € 90,214. Source: NBB ↗
2025 Patricia CASAER became a director. NBB
2013 Kristoff CORTEN became a director. NBB
Feb 10, 2011 New establishment in Westerlo. KBO
Feb 10, 2011 Start of the company according to the CBE. KBO

In short

From € 37,332 loss in 2022 to € 90,214 loss in 2025.

Original PDFs at the National Bank ↗

Management

Patricia CASAER Kristoff CORTEN

New Vision Oogpraktijk

Oogpraktijk

InCorDev

Verbeek en Zonen

Behind InCorDev are Patricia CASAER and Kristoff CORTEN. The same people are also behind New Vision Oogpraktijk. Patricia CASAER is also behind Oogpraktijk. Kristoff CORTEN is also behind Verbeek en Zonen, Heuppraktijk, Verbeek Benelux, Health Innovation Center Group and Perform2achieve.

Directors

According to the 2025 annual accounts

Patricia CASAER

Director

Also active at: New Vision Oogpraktijk, Oogpraktijk

since 2025

Kristoff CORTEN

Director

Also active at: Verbeek en Zonen, Heuppraktijk, Verbeek Benelux, Health Innovation Center Group, Perform2achieve, Medenvision International, New Vision Oogpraktijk, MEDENVISION +2 more

since 2013

Establishments

Establishment units

Physical locations of this company

Registered office

Boskant 16

2260 Westerlo

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.

All companies at this address →

Health Innovation Center Group same network

€ -65,532 gross margin · 2025

Medenvision International same network

€ 1.6 million revenue · 2025

Jacobs Horse Training

MEDENVISION same network

€ 17 million revenue · 2025

MedEnvision Partnership

+3 more

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

Details

Company number

0833.651.751

VAT number

BE 0833.651.751

Registered office

Boskant 16, 2260 Westerlo

Names & denominations

InCorDev

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

10 February 2011

Peppol

Active · Active since 3 Oct 2025

Activities · NACE

Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied

View on CBE Public ↗ Annual accounts (NBB) ↗

InCorDev

Warning lights

Financials

What happened to InCorDev?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions