ACTIVE

CORVAN

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Financial year 2025 · closed on 30/09/2025

Net result

54,9 k €

+133.7% YoY

Gross margin

499,7 k €

+65.9% YoY

Equity

749,4 k €

+0.7% YoY

Workforce

4,1 ETP

-10.9% YoY

What does CORVAN do?

CORVAN is a Public limited company incorporated in 1997. Its main activity is: Manufacture of lifting and handling equipment. Its registered office is in Roeselare. It employs on average 4,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0461.126.221

Incorporation

11/07/1997

Legal form

Public limited company

Registered office

Krommebeekpark 25
8800 Roeselare · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

30/09/2025

Average workforce

4,1 ETP

Activities (NACE)

28220Manufacture of lifting and handling equipment· main 28220Manufacture of lifting and handling equipment 29220Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers 46900Non-specialised wholesale trade 46900Non-specialised wholesale trade 51900Air transport+6

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	499,7 k €	+65.9%	301,2 k €	-56.5%	692 k €	+0.0%	691,7 k €	+44.9%	477,4 k €	+10.6%	431,5 k €	-7.5%	466,6 k €	-2.8%	480,1 k €	+16.1%	413,5 k €	+4.8%	394,4 k €	+27.6%	309,1 k €	-8.3%	337,1 k €	+58.9%	212,2 k €	-38.1%	342,8 k €	-8.8%	375,9 k €	+27.2%	295,6 k €	+3.3%	286,1 k €	-5.4%	302,5 k €
EBITDA	156 k €	+348%	-62,9 k €	-124%	258,9 k €	-3.1%	267,2 k €	+215%	84,7 k €	+30.2%	65,1 k €	-50.4%	131,2 k €	-0.3%	131,6 k €	+58.3%	83,2 k €	-22.3%	107,1 k €	+96.9%	54,4 k €	-37.9%	87,6 k €	+244%	-60,8 k €	-167%	91,1 k €	+12.9%	80,7 k €	-15.0%	94,9 k €	+42.6%	66,5 k €	-7.5%	71,9 k €
Operating result	66,8 k €	+145%	-150 k €	-185%	177,3 k €	-12.9%	203,4 k €	+211%	65,3 k €	+42.0%	46 k €	-39.3%	75,8 k €	-27.5%	104,5 k €	+19.4%	87,5 k €	+6.9%	81,9 k €	+400%	16,4 k €	-75.2%	66,1 k €	+178%	-84,9 k €	-245%	58,4 k €	+45.3%	40,2 k €	-5.1%	42,3 k €	+25.7%	33,7 k €	-5.5%	35,6 k €
Net result	54,9 k €	+134%	-163 k €	-238%	118,2 k €	-37.0%	187,7 k €	+204%	61,7 k €	+164%	23,4 k €	-14.7%	27,4 k €	-66.4%	81,5 k €	+48.0%	55,1 k €	-25.5%	73,9 k €	+276%	19,6 k €	-53.8%	42,6 k €	+149%	-86,5 k €	-304%	42,5 k €	+18.2%	35,9 k €	+15.8%	31 k €	+18.4%	26,2 k €	-3.1%	27,1 k €
Balance sheet
Equity	749,4 k €	+0.7%	744,6 k €	-18.0%	907,6 k €	+15.0%	789,3 k €	+31.2%	601,6 k €	+11.4%	540 k €	+4.5%	516,6 k €	+5.6%	489,2 k €	+20.0%	407,7 k €	+42.1%	287 k €	-22.1%	368,3 k €	+3.9%	354,6 k €	+10.1%	322 k €	-21.2%	408,5 k €	+9.2%	374,1 k €	+8.1%	346,1 k €	+3.3%	335,1 k €	+5.7%	316,9 k €
Total assets	2 M €	-1.8%	2 M €	-8.6%	2,2 M €	-0.8%	2,2 M €	+59.5%	1,4 M €	+33.0%	1,1 M €	+1.0%	1 M €	+46.0%	714,1 k €	+4.6%	682,9 k €	+46.1%	467,5 k €	-14.7%	548,3 k €	-6.6%	586,8 k €	-5.7%	622,2 k €	-8.3%	678,3 k €	+15.3%	588,5 k €	-8.1%	640,2 k €	+24.3%	515 k €	-2.0%	525,6 k €
Cash	524,9 k €	+16.2%	451,5 k €	+17.2%	385,2 k €	+10.4%	349 k €	+11.9%	311,7 k €	-9.9%	345,9 k €	+14.3%	302,7 k €	+5.1%	288,1 k €	-0.9%	290,6 k €	+32.3%	219,7 k €	-5.5%	232,4 k €	+25.0%	185,9 k €	-29.4%	263,6 k €	+20.2%	219,2 k €	+9.9%	199,4 k €	-22.5%	257,1 k €	+67.8%	153,3 k €	+209%	49,6 k €
Debts	1,2 M €	+2.0%	1,2 M €	-6.8%	1,3 M €	+3.5%	1,2 M €	+95.9%	635,4 k €	+52.1%	417,6 k €	-3.0%	430,7 k €	+124%	192,5 k €	+52.0%	126,6 k €	-11.5%	143,1 k €	-20.5%	180 k €	-18.3%	220,2 k €	-7.6%	238,3 k €	+14.0%	209 k €	+22.5%	170,6 k €	-26.8%	233 k €	+70.9%	136,4 k €	-20.4%	171,2 k €
Other
Workforce	4,1 ETP	-10.9%	4,6 ETP	-19.3%	5,7 ETP	-10.9%	6,4 ETP	+8.5%	5,9 ETP	-6.3%	6,3 ETP	+12.5%	5,6 ETP	-9.7%	6,2 ETP	+19.2%	5,2 ETP	+13.0%	4,6 ETP	-2.1%	4,7 ETP	-13.0%	5,4 ETP	0.0%	5,4 ETP	-1.8%	5,5 ETP	0.0%	5,5 ETP	+19.6%	4,6 ETP	-9.8%	5,1 ETP	-5.6%	5,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 4 active · 5 ended

Active mandates

Brecht CORTEVILLE

Director

Active

David Corteville

Director

Active

Hedwig CORTEVILLE

Managing director

Active

Rina HORRÉ

Director

Active

Ended mandates

Marleen GRYMONPREZ

Director · since 19 février 2007

Ended

Luc DONCK

Director · until 29 juin 2015

Ended

Luc DONCK

Director

Ended

Marleen GRYMONPREZ

Director · until 29 juin 2015

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/02/2026	03/04/2025	19/03/2024	17/04/2023	24/03/2022	24/03/2021
General meeting	17/01/2026	15/03/2025	16/03/2024	18/03/2023	19/03/2022	20/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	17/01/2026	09/02/2026	Dutch	PDF
Abridged model	30/09/2024	15/03/2025	03/04/2025	Dutch	PDF
Abridged model	30/09/2023	16/03/2024	19/03/2024	Dutch	PDF
Abridged model	30/09/2022	18/03/2023	17/04/2023	Dutch	PDF
Abridged model	30/09/2021	19/03/2022	24/03/2022	Dutch	PDF
Abridged model	30/09/2020	20/03/2021	24/03/2021	Dutch	PDF
Abridged model	30/09/2019	21/03/2020	16/04/2020	Dutch	PDF
Abridged model	30/09/2018	16/03/2019	01/04/2019	Dutch	PDF
Abridged model	30/09/2017	17/03/2018	21/03/2018	Dutch	PDF
Abridged model	30/09/2016	18/03/2017	06/04/2017	Dutch	PDF
Abridged model	30/09/2015	19/12/2015	18/01/2016	Dutch	PDF
Abridged model	30/09/2014	24/12/2014	29/01/2015	Dutch	PDF
Abridged model	30/09/2013	15/03/2014	17/03/2014	Dutch	PDF
Abridged model	30/09/2012	16/03/2013	10/04/2013	Dutch	PDF
Abridged model	30/09/2011	21/01/2012	17/02/2012	Dutch	PDF
Abridged model	30/09/2010	07/02/2011	09/03/2011	Dutch	PDF
Abridged model	30/09/2009	25/01/2010	29/03/2010	Dutch	PDF
Abridged model	30/09/2008	31/03/2009	30/04/2009	Dutch	PDF
Abridged model	30/09/2007	15/03/2008	20/03/2008	Dutch	PDF
Abridged model	30/09/2006	17/03/2007	23/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 4 active · 5 ended

Active mandates

Brecht CORTEVILLE

Director

Active

David Corteville

Director

Active

Hedwig CORTEVILLE

Managing director

Active

Rina HORRÉ

Director

Active

Ended mandates

Marleen GRYMONPREZ

Director · since 19 février 2007

Ended

Luc DONCK

Director · until 29 juin 2015

Ended

Luc DONCK

Director

Ended

Marleen GRYMONPREZ

Director · until 29 juin 2015

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office12/09/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates31/08/2018
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other10/08/2015
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/03/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/03/2007
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares22/07/2004
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/04/2004
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202554,9 k €↑
2024
Annual accounts 2024-163 k €↓
2023
Annual accounts 2023118,2 k €↓
2022
Annual accounts 2022187,7 k €↑
2021
Annual accounts 202161,7 k €↑
2020
Annual accounts 202023,4 k €↓
2019
Annual accounts 201927,4 k €↓
2018
Annual accounts 201881,5 k €↑
2017
Annual accounts 201755,1 k €↓
2015
Annual accounts 201573,9 k €↑
2014
Annual accounts 201419,6 k €↓
2013
Annual accounts 201342,6 k €↑
2012
Annual accounts 2012-86,5 k €↓
2011
Annual accounts 201142,5 k €↑
2010
Annual accounts 201035,9 k €↑
2009
Annual accounts 200931 k €↑
2008
Annual accounts 200826,2 k €↓
2007
Annual accounts 200727,1 k €
11/07/1997
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CORVAN

Overview

What does CORVAN do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline