InCorDev
0833.651.751 · rovalta.com · 09/11/2026
ACTIVE
InCorDev
Financial year 2025 · Closed on 31/12/2025
Net result-90,2 k €+64,7 %over 1 year
Gross margin9,6 k €+105,1 %over 1 year
Equity-318,8 k €-39,5 %over 1 year
Overview
Identity
Source · BCE/KBOInCorDev is a Private limited company incorporated in 2011. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Westerlo.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0833.651.751
- Incorporation
- 10/02/2011
- Legal form
- Private limited company
- Registered office
- Boskant 16
2260 Westerlo · FlandreSee on map - Contributed capital
- 18 000,00 €
- Latest accounts
- 31/12/2025
Activities (NACE)
Signals
Good liquidityHealthy social debts
Financials
Source · NBB, 15 filingsTrend over 13 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 9,6 k € | +105% | -189,5 k € | -8306% | 2,3 k € | -89.0% | 21 k € | +126% | 9,3 k € |
| EBITDA | -79,5 k € | +67.6% | -245,6 k € | -377% | -51,5 k € | -66.0% | -31 k € | -154% | -12,2 k € |
| Operating result | -80,1 k € | +67.5% | -246,7 k € | -359% | -53,7 k € | -59.1% | -33,8 k € | -121% | -15,3 k € |
| Net result | -90,2 k € | +64.7% | -255,7 k € | -366% | -54,8 k € | -46.9% | -37,3 k € | -73.0% | -21,6 k € |
| Balance sheet | |||||||||
| Equity | -318,8 k € | -39.5% | -228,6 k € | -942% | 27,1 k € | -66.9% | 82 k € | -31.3% | 119,3 k € |
| Total assets | 366,8 k € | +17.8% | 311,3 k € | -9.2% | 342,7 k € | -7.4% | 370,1 k € | +5.8% | 349,9 k € |
| Cash | 16,5 k € | -25.0% | 22 k € | -44.6% | 39,7 k € | -40.3% | 66,5 k € | +49.0% | 44,6 k € |
| Debts | 685,6 k € | +27.0% | 539,9 k € | +73.0% | 312 k € | +9.9% | 283,8 k € | +25.0% | 227 k € |
Board of directors
Source · NBB, accounts to 31/12/20252 active
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Patricia CASAER | Directorsince 05/05/2025Manager2012 accountsended | ||
Kristoff CORTEN | Directorsince 04/03/2013Manager2018 accountsended |
Other companies at this address
Boskant 16 2260 Westerlo| Company | CBE no. |
|---|---|
Health Innovation Center Group● Active | 0720.812.047 |
Health Innovation Center Limburg● Active | 1012.595.173 |
Jacobs Horse Training● Active | 0837.956.274 |
MEDENVISION● Active | 0842.505.475 |
Medenvision International● Active | 0744.697.011 |
MedEnvision Partnership● Active | 1007.291.847 |
NB24● Active | 1011.459.679 |
Vista Minds● Active | 1030.723.186 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 23/07/2026 | 03/06/2025 | 11/07/2024 | 27/06/2023 | 11/08/2022 | 28/07/2021 |
| General meeting | 30/06/2026 | 05/05/2025 | 06/05/2024 | 02/05/2023 | 02/05/2022 | 03/05/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 15 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 30/06/2026 | 23/07/2026 | Dutch | |
| Micro model | 31/12/2024 | 05/05/2025 | 03/06/2025 | Dutch | |
| Micro model | 31/12/2023 | 06/05/2024 | 11/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 02/05/2023 | 27/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 02/05/2022 | 11/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 03/05/2021 | 28/07/2021 | Dutch | |
| Micro model | 31/12/2019 | 04/05/2020 | 18/05/2020 | Dutch | |
| Micro model | 31/12/2018 | 06/05/2019 | 09/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 07/05/2018 | 28/06/2018 | Dutch | |
| Micro model | 31/12/2016 | 02/05/2017 | 30/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 02/05/2016 | 02/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 04/05/2015 | 13/05/2015 | Dutch | |
| Abridged model | 31/12/2013 | 05/05/2014 | 03/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 04/03/2013 | 15/03/2013 | Dutch | |
| Abridged model | 31/12/2011 | 26/03/2012 | 04/04/2012 | Dutch |
Valuation
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20252 active
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Patricia CASAER | Directorsince 05/05/2025Manager2012 accountsended | ||
Kristoff CORTEN | Directorsince 04/03/2013Manager2018 accountsended |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates06/05/2026Adreswijziging + benoeming bestuurder
- Registered office08/02/2024Verplaatsing maatschappelijke zetel
- Mandates11/07/2022WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Mandates22/08/2013Ontslag zaakvoerder
- Mandates24/05/2013Benoeming zaakvoerder
- Other14/02/2011RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings13 filings
Mandates
Patricia CASAER
Kristoff CORTEN
2011201220132014201520162017201820192020202120222023202420252026
InCorDev
Boskant 16, 2260 WesterloVeelsebaan 13, 3201 LangdorpProvinciebaan A 38, 2230 Herselt
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Boskant 16, 2260 WesterloCurrent | accounts 2025 | Accounts 2025 · 2026-00322750 |
| Veelsebaan 13, 3201 Langdorp | accounts 2023 → 2024 | Accounts 2024 · 2025-00121642 |
| Provinciebaan A 38, 2230 Herselt | accounts 2021 → 2022 | Accounts 2022 · 2023-00162585 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| InCorDevCurrent | accounts 2011 → 2025 | Accounts 2025 · 2026-00322750 |
Events
- 2025Annual accounts 2025-90,2 k €↑
- 2024Annual accounts 2024-255,7 k €↓
- 2023Annual accounts 2023-54,8 k €↓
- 2022Annual accounts 2022-37,3 k €↓
- 2021Annual accounts 2021-21,6 k €↓
- 2018Annual accounts 201823,6 k €↑
- 2017Annual accounts 20174,9 k €↓
- 2016Annual accounts 201625,2 k €↑
- 2015Annual accounts 2015-187,9 €↓
- 2014Annual accounts 201430,6 k €↑
- 2013Annual accounts 2013-16,6 k €↓
- 2012Annual accounts 201232,2 k €↑
- 2011Annual accounts 201111,9 k €
- 10/02/2011IncorporationPrivate limited company