ACTIVE

KORVO

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Financial year 2025 · closed on 31/12/2025
Net result
147,3 k €
+10836.5% YoY
Gross margin
261,4 k €
+51.1% YoY
Equity
55 k €
-62.4% YoY

What does KORVO do?

KORVO is a Private limited company incorporated in 2019. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Charleroi.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0736.429.146
Incorporation
15/10/2019
Legal form
Private limited company
Registered office
2ème Avenue 13
6001 Charleroi · WallonieSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
66220Activities of insurance agents and brokers· main66220Activities of insurance agents and brokers55203Holiday and other short-stay accommodation55203Holiday and other short-stay accommodation70200Management consultancy activities70220Business and other management consultancy activities+5
Joint committees (1)
  • 20000
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin261,4 k €173,1 k €101,8 k €46,1 k €20,3 k €51,5 k €
EBITDA259,3 k €11,5 k €85,3 k €45,8 k €19,9 k €51,5 k €
Operating result220 k €6,9 k €84,3 k €45,8 k €19,9 k €50 k €
Net result147,3 k €1,3 k €53,3 k €34,5 k €13 k €39,9 k €
Balance sheet
Equity55 k €146,2 k €145,7 k €92,4 k €57,9 k €44,9 k €
Total assets965,6 k €894,9 k €210,4 k €177,9 k €166 k €158,6 k €
Cash154,6 k €59,1 k €56,1 k €27,9 k €16 k €6,8 k €
Debts910,6 k €748 k €64,7 k €85,5 k €108 k €113,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Maxime Tassin

Director

Active

Ended mandates

MAXIME TASSIN

Director · since 15 octobre 2019

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202115/10/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months15 months
Filing date27/08/202631/07/202508/08/202428/07/202303/09/202231/08/2021
General meeting21/05/202620/06/202521/06/202416/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202521/05/202627/08/2026FrenchPDF
Micro model31/12/202420/06/202531/07/2025FrenchPDF
Micro model31/12/202321/06/202408/08/2024FrenchPDF
Micro model31/12/202216/06/202328/07/2023FrenchPDF
Micro model31/12/202117/06/202203/09/2022FrenchPDF
Micro model31/12/202018/06/202131/08/2021FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2025 · 1 active · 1 ended

Active mandates

Maxime Tassin

Director

Active

Ended mandates

MAXIME TASSIN

Director · since 15 octobre 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office22/12/2023
    SIEGE SOCIAL
    PDF
  • Other17/10/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 2025147,3 k €↑
  2. 2024
    Annual accounts 20241,3 k €↓
  3. 2023
    Annual accounts 202353,3 k €↑
  4. 2022
    Annual accounts 202234,5 k €↑
  5. 2021
    Annual accounts 202113 k €↓
  6. 2020
    Annual accounts 202039,9 k €
  7. 15/10/2019
    IncorporationPrivate limited company