CORVA TRANS
ActiveSummary
CORVA TRANS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €731k and a net result of €67k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 92% of 1851 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+5
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 3.91 against 3.44 in 2024; short-term debt: 14% and cash: 22.1% of total assets), and 14.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.8%
Return on assets
7.9%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 20-10-2025, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
9 d early
2023
7 d early
2022
31 d early
2021
32 d early
2020
2 d early
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€731k▲ 10.1%
2024 · €664k
2019: €286k
2020: €392k
2021: €487k
2022: €530k
2023: €631k
2024: €664k
2019 → 2025
Total assets
€852k▲ 11.5%
2024 · €764k
2019: €366k
2020: €660k
2021: €746k
2022: €734k
2023: €782k
2024: €764k
2019 → 2025
Net result
€67k▲ 99.1%
2024 · €34k
2019: €43k
2020: €106k
2021: €95k
2022: €43k
2023: €101k
2024: €34k
2019 → 2025
Working capital
€346k▲ 46.1%
2024 · €237k
2019: €116k
2020: €304k
2021: €385k
2022: €398k
2023: €512k
2024: €237k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€487k-€530k▲ 8.8%€631k▲ 19.0%€664k▲ 5.3%€731k▲ 10.1%
Operating result€112k-€60k▼ 46.6%€137k▲ 131%€39k▼ 71.6%€91k▲ 135%
Net result€95k-€43k▼ 54.7%€101k▲ 135%€34k▼ 66.6%€67k▲ 99.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 135% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €852k
Fixed assets
€386k ▼ 10.0%
Current assets
€465k ▲ 39.2%
Equity and liabilities €852k
Equity
€731k ▲ 10.1%
Provisions
€1k ▼ 33.4%
Debt
€119k ▲ 22.5%
Debt's share of the balance-sheet total rises from 12.7% to 14.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€221k▲
2024 · €122k
Cash flow
€196k▲
2024 · €116k
Current ratio
3.91▲
2024 · 3.44
Debt to equity
0.16▲
2024 · 0.15
ROE
9.2%▲
2024 · 5.1%
ROA
7.9%▲
2024 · 4.4%
Interest coverage
113.58=
2024 · 113.59
Debt ≤ 1 year
€119k▲
2024 · €97k
Income taxes
€23k▲
2024 · €6k
Staff costs
€224k▲
2024 · €218k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€764k€852k▲
Fixed assets21/28€429k€386k▼
Tangible fixed assets22/27€425k€381k▼
Plant, machinery and equipment23-€13k
Furniture and vehicles24€425k€368k▼
Financial fixed assets28€4k€5k▲
Current assets29/58€334k€465k▲
Amounts receivable within one year40/41€204k€270k▲
Trade receivables40€155k€240k▲
Other amounts receivable41€48k€30k▼
Cash at bank and in hand54/58€123k€188k▲
Deferred charges and accrued income490/1€8k€8k=
Equity and liabilities
Total equity and liabilities10/49€764k€852k▲
Equity10/15€664k€731k▲
Contributions10/11€6k€6k=
Reserves13€104k€102k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€102k€100k▼
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€554k€623k▲
Provisions and deferred taxes16€2k€1k▼
Deferred taxes168€2k€1k▼
Amounts payable17/49€97k€119k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€97k€119k▲
Current portion of amounts payable after more than one year42€30k€0▼
Trade debts44€39k€59k▲
Suppliers440/4€39k€59k▲
Taxes, remuneration and social security45€29k€60k▲
Taxes450/3€24k€45k▲
Remuneration and social security454/9€5k€15k▲
Income statement
Code20242025
Non-recurring operating income76A€30k€16k▼
Remuneration, social security and pensions62€218k€224k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€129k▲
Other operating charges640/8€35k€42k▲
Gross operating margin9900€374k€486k▲
Operating profit (loss)9901€39k€91k▲
Financial income75/76B€524€192▼
Recurring financial income75€524€192▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€38k€90k▲
Transfer from deferred taxes780€750€750=
Income taxes67/77€6k€23k▲
Profit (loss) for the period9904€34k€67k▲
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€36k€69k▲
Appropriation of the result
Profit (loss) to be appropriated9906€554k€623k▲
Profit (loss) brought forward from the previous period14P€518k€554k▲
Social balance
Average headcount (FTE)90872.72.7=
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Weakest financial yearnet €34k ▼66.6%
Net result drops to €34k, the lowest in the series; recovery starts the following year.
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €500kEq €530k ▲8.8%
4 profitable years in a row build equity to €530k.
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Highest result since 2019net €106k ▲148%
Net result €106k, the highest in the series.
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
04-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
06-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vleteren · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Woestenstraat(Oost) 418640 VleterenGround area
1,332 m²
Building footprint
211 m²
Parcel 33018B0294/00L002, Flanders. Linked by address, not a title deed.
1 establishment unit
CORVA TRANS
since 20002.099.455.429
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33018B0294/00L002 | Flanders | 1,332 m² | 1 · 211 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 2,882 EUR awarded · 2,882 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 210 EUR | 210 EUR |
| 2024 | 1 | 387 EUR | 387 EUR |
| 2023 | 2 | 1,698 EUR | 1,698 EUR |
| 2022 | 1 | 587 EUR | 587 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteVleteren2.099.455.429
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VANOTRANS
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S.D.S. TRANSPORT
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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 4,648 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2000
Fiscal year end31-03
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.