CORVAN
ActiveSummary
CORVAN has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €307,440 and a net result of €23,997. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 37% of 3,382 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Activity
Computer programming
NACE 62100
3rd oldest company in Tielt, Telecoms and IT sector1 site
Size
≈ €200,000turnover 2024, estimated
- Equity
- €307,440
- Profit
- €23,997
Turnover estimated from the gross margin
Structure
- VANNESTE KoenraadManaging director
2025 accounts not filed, 90 days past the deadline1 of 3 deeds summarised
Why 54raises riskCapped at 59: a confirmed filing findingLiquidity: current ratio 1.62, cash €3,723Figures for financial year 2024 (filed 02-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 latelowers riskFounded in 1992Show the evidence
Checked score
Score 2024
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 34% of its sector peers (NACE 62, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency
55-4
equity 29.9% of total assets
Liquidity
43+21
short-term debt 22.2% · cash 0.4%
Profitability
57-4
return on assets 2.3%
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.8%
12-2024: 0.8%● unchanged vs 11-2024
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.7%▼ -0.1 percentage points vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025
08-2025: 1.2%▲ +0.4 percentage points vs 07-2025
09-2025: 1.2%● unchanged vs 08-2025
10-2025: 1.6%▲ +0.4 percentage points vs 09-2025highest value
11-2025: 0.4%▼ -1.2 percentage points vs 10-2025lowest value
12-2025: 0.4%● unchanged vs 11-2025lowest value
01-2026: 0.4%● unchanged vs 12-2025lowest value
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.3 percentage points vs 07-2026
09-2026: 0.9%▲ +0.2 percentage points vs 08-2026
10-2026: 1.2%▲ +0.3 percentage points vs 09-2026
Credit of up to €16,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 1.62, compared with 1.13 in 2023, above the usual 1.5; short-term debt: 22.2% and cash: 0.4% of total assets), but 70.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 29% on solvency, 18% on liquidity, 23% on profitability and 67% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 90 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline29-10-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
61 days late
2023
51 days late
2022
92 days late
2021
74 days late
2020
89 days late
2019
139 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 84 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Reappointment: VANNESTE Koenraad (director)Appointment: VANNESTE Koenraad (gedelegeerd bestuurd)…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2024, micro format
In the rankings
#3 oldest company in Tielt, Telecoms and IT sector#5 company by total assets in Tielt, Telecoms and IT sector#10 company by equity in Tielt, Telecoms and IT sector
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 29 October 2026.
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
≈ €200,000
Estimated: probably between €170,000 and €280,000
Total assets
€1.0m▲ 40.6%
2023 · €730,098
Net result
€23,997▼ 43.4%
2023 · €42,387
Working capital
€141,773▲ 164%
2023 · €53,758
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result falls in 2024; 2024 is 35% below 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.06m
2024
Net result€0.02m
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.0m
2024
Equity€0.3m
2024
Debt€0.7m
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.1m
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)2.3%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency29.9%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.62
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€0.01m-€0.03m▲ 174%€0.1m▲ 230%€0.06m▼ 41.4%€0.09m▲ 45.8%€0.09m▲ 6.1%€0.06m▼ 34.8%
Net result-€0.007m-€0.009m€0.05mabove the sector's middle half▲ 495%€0.03mwithin the sector's middle half▼ 41.8%€0.06mabove the sector's middle half▲ 86.9%€0.04mwithin the sector's middle half▼ 26.9%€0.02mwithin the sector's middle half▼ 43.4%
Equity€0.06m-€0.07m▲ 15.5%€0.1mwithin the sector's middle half▲ 79.9%€0.2mwithin the sector's middle half▲ 25.9%€0.2mabove the sector's middle half▲ 38.4%€0.3mabove the sector's middle half▲ 20.3%€0.3mabove the sector's middle half▲ 22.3%
Total assets€0.4m-€0.5m▲ 6.4%€0.4mabove the sector's middle half▼ 5.6%€0.5mabove the sector's middle half▲ 9.3%€0.8mabove the sector's middle half▲ 60.6%€0.7mabove the sector's middle half▼ 5.8%€1.0mabove the sector's middle half▲ 40.6%
Debt€0.4m-€0.4m▲ 5.1%€0.3m▼ 19.8%€0.3m▲ 3.2%€0.6m▲ 70.7%€0.5m▼ 15.5%€0.7m▲ 50.2%
Working capital-€0.05m--€0.1m▼ 110%-€0.08mbelow the sector's middle half▲ 20.5%-€0.06mbelow the sector's middle half▲ 24.5%-€0.02mbelow the sector's middle half▲ 60.1%€0.05mwithin the sector's middle half€0.1mabove the sector's middle half▲ 164%
Solvency13.1%-14.3%▲ 1.1pp27.2%below the sector's middle half▲ 12.9pp31.3%below the sector's middle half▲ 4.1pp27.0%below the sector's middle half▼ 4.3pp34.4%within the sector's middle half▲ 7.5pp29.9%below the sector's middle half▼ 4.5pp
Current ratio0.73-0.58▼ 0.150.63below the sector's middle half▲ 0.050.77below the sector's middle half▲ 0.140.95below the sector's middle half▲ 0.181.13below the sector's middle half▲ 0.181.62within the sector's middle half▲ 0.49
Return on assets (ROA)-1.5%-1.9%▲ 3.4pp12.1%within the sector's middle half▲ 10.2pp6.4%within the sector's middle half▼ 5.6pp7.5%within the sector's middle half▲ 1.1pp5.8%within the sector's middle half▼ 1.7pp2.3%below the sector's middle half▼ 3.5pp
above
within
below
the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.0m
Fixed assets
€656,550 ▲ 140%
Current assets
€369,965 ▼ 19.0%
Equity and liabilities €1.0m
Equity
€307,440 ▲ 22.3%
Debt
€719,076 ▲ 50.2%
Debt's share of the balance-sheet total rises from 65.6% to 70.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€104,704▼
2023 · €129,233
Cash flow
€68,419▼
2023 · €79,160
Debt to equity
2.34▲
2023 · 1.90
ROE
7.8%▼
2023 · 16.9%
Interest coverage
4.30▲
2023 · 4.23
Debt ≤ 1 year
€228,193▼
2023 · €403,265
Debt > 1 year
€406,241▲
2023 · €62,697
Income taxes
€13,398▼
2023 · €23,093
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
1.9%
stopped otherwise
96.9%
still going
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,685 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,351 | €29,544 | €26,406 | €26,854 | €29,913 | €36,773 | €44,421 | ▲ 20.8% |
| Other operating charges640/8 | - | - | - | €11,204 | €14,389 | €6,208 | €37,144 | ▲ 498% |
| Gross operating margin9900 | €51,296 | €70,782 | €156,223 | €97,801 | €131,408 | €135,441 | €141,849 | ▲ 4.7% |
| Operating profit (loss)9901 | €11,288 | €30,914 | €101,909 | €59,743 | €87,106 | €92,460 | €60,283 | ▼ 34.8% |
| Financial income75/76B | - | - | - | €15,603 | €3,976 | €3,595 | €1,482 | ▼ 58.8% |
| Recurring financial income75 | - | €863 | €2,816 | €15,603 | €3,976 | €3,595 | €1,482 | ▼ 58.8% |
| Financial charges65/66B | - | - | - | €20,230 | €10,015 | €30,575 | €24,371 | ▼ 20.3% |
| Recurring financial charges65 | €12,242 | €11,276 | €28,573 | €20,230 | €10,015 | €30,575 | €24,371 | ▼ 20.3% |
| Profit (loss) for the period before taxes9903 | -€954 | €20,502 | €76,152 | €55,115 | €81,066 | €65,480 | €37,395 | ▼ 42.9% |
| Income taxes67/77 | €5,733 | €11,550 | €22,860 | €24,074 | €23,060 | €23,093 | €13,398 | ▼ 42.0% |
| Profit (loss) for the period9904 | -€6,687 | €8,952 | €53,292 | €31,041 | €58,006 | €42,387 | €23,997 | ▼ 43.4% |
| Profit (loss) for the period to be appropriated9905 | -€6,687 | €8,952 | €53,292 | €31,041 | €58,006 | €42,387 | €23,997 | ▼ 43.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.4m | €0.5m | €0.4m | €0.5m | €0.8m | €0.7m | €1.0m | ▲ 40.6% |
| Formation expenses20 | - | €0 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.7m | ▲ 140% |
| Intangible fixed assets21 | - | €0 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.3m | €0.2m | €0.3m | €0.2m | €0.6m | ▲ 172% |
| Land and buildings22 | - | - | - | - | €0.02m | €0.02m | €0.4m | ▲ 24× |
| Plant, machinery and equipment23 | - | - | - | €479 | €0.009m | €0.007m | €0.004m | ▼ 35.4% |
| Furniture and vehicles24 | - | - | - | €0.005m | €0.03m | €0.02m | €0.04m | ▲ 57.0% |
| Other tangible fixed assets26 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 14.2% |
| Financial fixed assets28 | €0.002m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Current assets29/58 | €0.1m | €0.1m | €0.1m | €0.2m | €0.5m | €0.5m | €0.4m | ▼ 19.0% |
| Stocks and contracts in progress3 | €0.09m | €0 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.02m | €0.07m | €0.1m | €0.2m | €0.4m | €0.5m | €0.4m | ▼ 19.9% |
| Trade receivables40 | - | - | - | €0.07m | €0.03m | €0.1m | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.4m | €0.3m | €0.4m | ▲ 7.6% |
| Current investments50/53 | - | €0 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.01m | €0.03m | €0 | - | €0.07m | €0 | €0.004m | - |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.002m | €0.003m | €0.003m | ▼ 14.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.4m | €0.5m | €0.4m | €0.5m | €0.8m | €0.7m | €1.0m | ▲ 40.6% |
| Equity10/15 | €0.06m | €0.07m | €0.1m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 22.3% |
| Contributions10/11 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.06m | ▲ 103% |
| Capital10 | - | - | - | €0.03m | €0.03m | €0.03m | €0.06m | ▲ 103% |
| Issued capital100 | - | - | - | €0.03m | €0.03m | €0.03m | €0.06m | ▲ 103% |
| Reserves13 | €0.03m | €0.04m | €0.09m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 10.9% |
| Non-distributable reserves130/1 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Legal reserve130 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Tax-exempt reserves132 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 11.7% |
| Profit (loss) carried forward14 | -€0.007m | €0 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €0.4m | €0.4m | €0.3m | €0.3m | €0.6m | €0.5m | €0.7m | ▲ 50.2% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.1m | €0.07m | €0.07m | €0.06m | €0.4m | ▲ 548% |
| Financial debts170/4 | - | - | - | €0.07m | €0.07m | €0.06m | €0.4m | ▲ 548% |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.2m | €0.3m | €0.5m | €0.4m | €0.2m | ▼ 43.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.01m | €0.03m | €0.05m | ▲ 49.0% |
| Financial debts43 | - | - | - | €0.01m | €0.01m | €0.01m | €0.004m | ▼ 66.3% |
| Credit institutions430/8 | - | - | - | €0.01m | €0.01m | €0.01m | €0.004m | ▼ 66.3% |
| Trade debts44 | €0.04m | €0.1m | €0.02m | €0.1m | €0.07m | €0.2m | €0.1m | ▼ 46.5% |
| Suppliers440/4 | - | - | - | €0.1m | €0.07m | €0.2m | €0.1m | ▼ 46.5% |
| Taxes, remuneration and social security45 | - | - | - | €0.09m | €0.09m | €0.07m | €0.05m | ▼ 28.7% |
| Taxes450/3 | - | - | - | €0.09m | €0.09m | €0.07m | €0.05m | ▼ 28.7% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.3m | €0.08m | €0.01m | ▼ 82.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.001m | €0.01m | €0.08m | ▲ 566% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,687 | €8,952 | €53,292 | €31,041 | €58,006 | €42,387 | €23,997 | ▼ 43.4% |
| + Depreciation and write-downs630 | €34,351 | €29,544 | €26,406 | €26,854 | €29,913 | €36,773 | €44,421 | ▲ 20.8% |
| Operating cash flow (approximation) | €27,664 | €38,496 | €79,698 | €57,895 | €87,919 | €79,160 | €68,419 | ▼ 13.6% |
| Investment in fixed assets (approximation) | - | -€48,183 | -€686 | -€6,347 | -€54,072 | -€3,299 | -€427,897 | ▼ 12,872% |
| Change in cash | - | €16,071 | -€29,055 | - | - | -€68,557 | €3,723 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 30-09-2025 | 2025-00523260 |
| 31-12-2023 | micro format | 20-09-2024 | 2024-00467096 |
| 31-12-2022 | micro format | 31-10-2023 | 2023-00500861 |
| 31-12-2021 | micro format | 13-10-2022 | 2022-20459295 |
| 31-12-2020 | micro format | 28-10-2021 | 2021-74600381 |
| 31-12-2019 | micro format | 17-12-2020 | 2020-76100101 |
| 31-12-2018 | micro format | 30-09-2019 | 2019-67500435 |
| 31-12-2017 | micro format | 18-09-2018 | 2018-63500447 |
| 31-12-2016 | micro format | 28-09-2017 | 2017-64200055 |
| 31-12-2015 | abbreviated format | 28-09-2016 | 2016-63200254 |
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Of the 16,999 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,991. 6,136 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, 1 in day-to-day management, last change in 2024
Board 1
VANNESTE Koenraad
CurrentDirector (not named in the articles) · since 19-09-2024
Day-to-day management 1
VANNESTE Koenraad
CurrentGedelegeerd bestuurd · since 27-09-2024
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 3 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
1 person since 2024, 1 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| VANNESTE Koenraad |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
After the capital increase
act of 27-09-2024 ↗
- VANNESTE Koen €31,501.99
- VANNESTE Elaine €128.06
- VANNESTE Sarah €128.06
- VANNESTE Lieselotte €128.06
- VANNESTE Marieke €128.06
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 27-09-2024 Capital increase of €32,014.23 · to €63,001.23 · no new shares · in cash
Group and network
Connections & network
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History
Acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
financial year 2024 · micro format · 61 days late
2024
27-09
Gazette deed
Reappointment: VANNESTE Koenraad (director)Appointment: VANNESTE Koenraad (gedelegeerd bestuurd) · Amendment of the articles · Capital increase10 facts ▸
Gazette deed
Reappointment: VANNESTE Koenraad (director)
Appointment: VANNESTE Koenraad (gedelegeerd bestuurd) · Amendment of the articles · Capital increase10 facts ▸
- General meeting, 19-09-2024
- Amendment of the articles (2 times)
- Capital increase, €32,014.23
- Capital contribution, €31,501.99
- Capital contribution, €128.06 (4 times)
- Bank account, 17-09-2024
- Director reappointment, VANNESTE Koenraad (director (not named in the articles))
- Director appointment, VANNESTE Koenraad (gedelegeerd bestuurd)
- Registered office clause, “8700 Tielt, Nagelstraat 22” (deed in Dutch)
- Other provision, “afsluiting, eenparigheid van stemmen” (deed in Dutch)
20-09
NBB filing
Annual accounts filed
financial year 2023 · micro format · 51 days late
2023
31-10
NBB filing
Annual accounts filed
financial year 2022 · micro format · 92 days late
2022
31-12
Financial
Highest result from 2018 to 2024net €58,006 ▲86.9%
Net result €58,006, the highest in the series.
31-12
Financial
Equity above €200,000equity €209,041 ▲38.4%
4 profitable years in a row build equity to €209,041.
13-10
NBB filing
Annual accounts filed
financial year 2021 · micro format · 74 days late
2021
31-12
Financial
Equity above €150,000equity €151,035 ▲25.9%
3 profitable years in a row build equity to €151,035.
28-10
NBB filing
Annual accounts filed
financial year 2020 · micro format · 89 days late
2020
31-12
Financial
Equity above €100,000equity €119,994 ▲79.9%
2 profitable years in a row build equity to €119,994.
17-12
NBB filing
Annual accounts filed
financial year 2019 · micro format · 139 days late
2019
31-12
Financial
Back to profitnet €8,952
Net result €8,952 after one loss-making year.
Show earlier events
30-09
NBB filing
Annual accounts filed
financial year 2018 · micro format · 61 days late
2018
18-09
NBB filing
Annual accounts filed
financial year 2017 · micro format · 49 days late
2017
28-09
NBB filing
Annual accounts filed
financial year 2016 · micro format · 59 days late
2016
28-09
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format · 59 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 33 annual accounts filed, the latest 10 are here; all 33 are under Financials.
1 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPublic limited company
Founded13-05-1992
Financial year end31-12
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447404382
Also
9925:BE0447404382
Registered
31-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Tielt · 1 establishment unit since 1992
Ground area
2,412 m²
Building footprint
137 m²
Building volume
786 m³
Parcel 37004C0481/00D000, Flanders · tallest building 8.3 m. Linked by address, not a title deed.
1 establishment unit
Nagelstraat 22, 8700 Tielt
since 1992unit no. 2.057.682.972
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37004C0481/00D000 | Flanders | 2,412 m² | 1 · 137 m² | 8.2 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De uitbating van mecanografische werken consultatie en advies en verkoop inzake hard-en software; Invoer en uitvoer van menigvuldige…” (deed in Dutch)
4 activities (deed in Dutch)
- De uitbating van mecanografische werken consultatie en advies en verkoop inzake hard-en software
- Invoer en uitvoer van menigvuldige goederen
- Kleinhandel in onderdelen en toebehoren voor motorvoertuigen
- Electronic publishing digitaliseren van muziek, beeld en klank productie van compact-disks en CD-ROM; dit alles in de meest ruime zin
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CORVAN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels, agentschappen, ateliers, opslagplaatsen en bijhuizen oprichten of opheffen bij enkel besluit van het…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly, or a managing director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuur en vertegenwoordiging, aantal bestuurders” (deed in Dutch)“1, het geheel van de bestuursbevoegdheden, met de mogelijkheid een deel van deze bevoegdheden te delegeren” (deed in Dutch)“Voorzitterschap van de raad van bestuur, gekozen door de raad van bestuur uit zijn midden” (deed in Dutch)“Schriftelijk, bijeenroeping van de raad van bestuur” (deed in Dutch)“Besluitvorming van de raad van bestuur, tenminste de helft van de leden aanwezig of vertegenwoordigd” (deed in Dutch)“Notulen van de raad van bestuur, bewaard in een bijzonder register” (deed in Dutch)“Alle handelingen die nodig of dienstig zijn tot verwezenlijking van het voorwerp van de vennootschap, bevoegdheden van de raad van bestuur” (deed in Dutch)“Vaststellen van financiële en andere voorwaarden waaronder mandaat van bestuurder wordt toegekend, uitgeoefend en beëindigd, vergoeding van…” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Onder levenden of bij overlijden van de aandeelhouder” (deed in Dutch)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Bestemming van de winst, 5” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 20:00
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Stemrecht, ongeacht het aantal effecten dat op de algemene vergadering vertegenwoordigd is” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, zoals inzake statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meer vereffenaars, benoeming van de vereffenaars” (deed in Dutch)“Bevoegdheden van de vereffenaars, alle verrichtingen vermeld in de wet” (deed in Dutch)