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CORVEE

Active Private limited companyfounded 2010active for 16 yearsGroenheuvelstraat 1, 2230 HerseltKBO/BCE: BE 0822.616.616
CORVEE
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Overview

Lifetime

15 annual accounts with figures on one time axis
peak €38,639 (2017)
€14,106▲ 34.5%
lowest -€7,982 (2023)
€5,033▲ 56.4%
peak €82,968 (2025)
€82,968▲ 6.5%
€21,157▼ 45.4%
Board1 name since 2021
1 director
Documentsfilings and deeds
06-07-202625 days before the deadline
2025micro format
Gross margin from €10,491 to €14,106Result from €3,217 to €5,033Debts from €38,776 to €21,157Cash from €69,362 to €25,936

Key points

from the 2025 annual accounts

Liquidity

4.36 was 2.52 in 2024

Short-term debts fell from €38,446 to €21,157.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

Five of the last ten came late. The 2019 accounts came latest: 19 days after the end of the period.

Position in the sector

79.7%

Higher solvency than 84% of companies in specialised construction. Sector median 46.9% · 37,177 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 10,902 companies had the same profile as CORVEE has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 10,902 companies, not a prediction for CORVEE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0822616616
Registered office moved within Herselt New registered office: Groenheuvelstraat 1, 2230 Herselt · Previous registered office: Groenheuvelstraat 1A, 2230 Herselt · “Elektriciteitswerken; Het uitvoeren van werkzaamheden op gebied van alternatieve energie; Het uitvoeren van…” (deed in Dutch) · General meeting of 09-10-2023 · Gazette deed
Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Provincie Antwerpen
Environmental permit granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Westerlo
All 24 events

Comparable companies

same main activity, similar in size and age
Company
CORVEE Herselt €104,125 €14,106 79.7% -
RASETTA SERVICES Namur €104,102 €12,815 55.5% -
CHASSIS FACTORY Brussels €102,955 €12,362 45.3% -
CD DESIGN EQUIPMENT Charleroi €97,083 €15,564 -12.1% -
ENTREPRISE GENERALE BERNARD OLIVIER Chièvres €91,840 €14,391 65.4% -
Automatisatie Vervaet Ghent €99,467 €16,352 7.2% -
CHASSISTECH Liège €91,822 €13,670 51.0% -

These companies have the same main activity as CORVEE: joinery installation (NACE 43320). They are comparable in size and age: total assets between €91,800 and €104,000, founded between 2009 and 2011.

Official details

Source: KBO
Status
Active since 22-01-2010Normal situation
Activity
Joinery installationNACE 43320
Establishment unit
2.184.814.9342230 Herselt, since 09-02-2010
Financial year end
31 December
Peppol
Reachable since 08-12-2025
Company details

Annual accounts 2025

€14,106▲ 34.5%
≈ €150,000estimated
€5,033▲ 56.4%
€82,968▲ 6.5%
€104,125▼ 10.8%
Filing
Filed on 06-07-2026, 25 days before the end of the filing period
Financials

Insights on CORVEE

CORVEE files the micro format. That format states no turnover. The gross margin rose from €13,506 in 2011 to €14,106 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 06-07-2026, 25 days before the deadline
€14,106
▲ 34.5%
€5,797
▲ 69.9%
€13,558
▲ 43.5%
€12,793
▲ 38.3%
79.7%
▲ 12.9 percentage points
4.36
▲ 1.84

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €150,000. Estimated: probably between €88,000 and €280,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €104,125 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

79.7%

Higher than 85% of 37,177 companies in 2025.

4.36

Higher than 82% of 36,472 companies in 2025.

4.8%

Higher than 43% of 36,707 companies in 2025.

CORVEE Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011
Balance sheet: assets
20/58 104,125116,712129,657165,678147,200149,151166,054384,779362,220153,66598,18787,54685,80061,22059,464
21/28 11,91419,70019,59025,07324,95124,29924,97026,34932,84832,1168,20914,92720,77620,51723,624
22/27 11,91419,67519,56525,04824,92624,27424,94526,34932,84832,1168,20914,92720,77620,51723,624
23 10,50416,49514,57615,4329,74212,5842234469832,8033,5065,1025,1291,4251,900
24 1,4103,1804,9899,61615,18411,69024,72225,90331,86529,3134,7039,82515,64719,09321,724
28 -252525252525--------
29/58 92,21197,012110,067140,605122,249124,851141,084358,429329,372121,54989,97772,61965,02440,70235,839
3 62,4509,75070,25049,38164,9689,58635,352335,378283,614----5,750-
30/36 -------262,413218,899------
37 62,4509,75070,25049,38164,9689,58635,35272,96664,716----5,750-
40/41 3,48717,52822,79965,73018,02013,4599,0338,66523,30289,67264,68053,56143,86821,70229,407
40 -10,90918,74165,25311,97910,6022,3064,54420,12585,41361,16849,57037,73420,56828,724
41 3,4876,6204,0574776,0412,8576,7274,1213,1784,2593,5113,9916,1341,135683
54/58 25,93669,36216,36524,15436,601100,27996,31214,38622,45631,87825,29819,05721,15613,2506,433
490/1 3373726521,3402,6611,527387--------
Balance sheet: equity and liabilities
10/49 104,125116,712129,657165,678147,200149,151166,054384,779362,220153,66598,18787,54685,80061,22059,464
10/15 82,96877,93574,71982,70078,15174,06865,31560,76456,21840,47435,91131,66428,39017,03715,442
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60012,40012,400
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,600
101 -------------6,2006,200
13 64,36864,10064,10064,10059,55155,46846,71542,16437,61821,87417,31113,0649,7904,6373,042
130/1 ---1,8601,8601,860---------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 ---1,8601,8601,860---------
133 64,36864,10064,10062,24057,69153,60844,85540,30435,75820,01415,45111,2047,9302,7771,182
14 --4,765-7,982------------
17/49 21,15738,77654,93882,97869,04975,083100,740324,015306,002113,19162,27655,88257,41044,18244,022
17 ------5243,6356,6849,673-----
170/4 ------5243,6356,6849,673-----
42/48 21,15738,44652,81782,66068,26173,28878,972320,380299,318103,51856,92955,88252,89740,79539,122
42 -----5243,1103,0492,9892,930-----
43 -------100,000100,000------
430/8 -------100,000100,000------
44 1,17212,25420,08724,16514,33912,04610,1264,13012,95449,71412,17012,22412,94010,23112,931
440/4 1,17212,25420,08724,16514,33912,04610,1264,13012,95449,71412,17012,22412,94010,23112,931
45 1,045175-8,739--2,597-3,328-2,5602,519---
450/3 1,045175-8,739--2,597-3,328-2,5602,519---
47/48 18,94026,01732,73149,75653,92360,71863,138213,201180,04650,87442,19941,13939,95830,56426,191
492/3 -3302,1213187881,79521,243---5,347-4,5133,3884,900
Income statement
70 -------------200,002283,398
76A ----1,000--432-1,942-----
9900 14,10610,4914,39220,98430,00926,71926,11418,67138,63922,34416,38016,13318,82515,10913,506
60/61 -------------191,123270,471
630 7,7616,03311,93513,14511,79413,79413,25511,19912,76810,5637,4847,4187,1046,1525,468
640/8 5481,0458351,29911,2551,2463,2628818841,8248348127698431,394
66A ------------3,906--
9901 5,7973,413-8,3786,5396,96011,6799,5976,59224,9889,9578,0627,90310,9518,1146,645
75/76B 2401518563945966472113,3651,9702095483,5265541,2601,814
75 2401518563945966472113,3651,9702095483,5265541,2601,814
65/66B 1351592621823688103,5593,6693,8844,3402,4632,5781,961125415
65 1351592621823688103,5593,6693,8844,3402,4632,5781,961125415
9903 5,9023,405-7,7846,7517,18911,5156,2496,28823,0735,8266,1488,8515,6399,2508,044
67/77 8701881972,2023,1062,7621,6991,7427,3281,2621,9015,5774866542
9904 5,0333,217-7,9824,5494,0838,7534,5514,54515,7444,5644,2473,2745,1538,5958,042
9905 5,0333,217-7,9824,5494,0838,7534,5514,54515,7444,5644,2473,2745,1538,5958,042
Appropriation of the result
9906 268-4,765-7,9824,5494,0838,7534,5514,54515,7444,5644,2473,2745,1538,5958,042
14P -4,765-7,982-------------
691/2 268--4,5494,0838,7534,5514,54515,7444,5644,2473,2745,1531,5953,042
6920 --------------1,860
6921 268--4,5494,0838,7534,5514,54515,7444,5644,2473,2745,1531,5951,182
694/7 -------------7,0005,000
695 -------------7,0005,000
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 06-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 06-07-2026 2026-00265426 PDF
31-12-2024 micro format 02-07-2025 2025-00240619 PDF
31-12-2023 micro format 15-07-2024 2024-00247035 PDF
31-12-2022 micro format 04-08-2023 2023-00313481 PDF
31-12-2021 micro format 05-08-2022 2022-20283788 PDF
31-12-2020 micro format 13-08-2021 2021-49000399 PDF
31-12-2019 micro format 19-08-2020 2020-42600034 PDF
31-12-2018 micro format 25-07-2019 2019-39100343 PDF
31-12-2017 micro format 31-07-2018 2018-41600015 PDF
31-12-2016 micro format 17-08-2017 2017-44300012 PDF
31-12-2015 abbreviated format 16-08-2016 2016-42900390 PDF
31-12-2014 abbreviated format 27-08-2015 2015-49700246 PDF
31-12-2013 abbreviated format 25-08-2014 2014-46300519 PDF
31-12-2012 abbreviated format 22-08-2013 2013-45000285 PDF
31-12-2011 abbreviated format 23-08-2012 2012-44300340 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011
13,5589,4463,55719,68418,75425,47322,85217,79137,75520,52115,54615,32118,05514,26612,113
12,7939,2503,95417,69415,87722,54817,80515,74428,51215,12711,73110,69212,25714,74813,509
-256,1436,45213,26812,44613,12411,8754,70013,50034,4707661,5697,3623,04529,092
-43,42652,997-7,789-12,447-63,6783,96681,927-8,070-9,4226,5806,241-2,0997,9066,817-
71,05458,56657,24957,94553,98851,56362,11238,04930,05418,03133,04916,73612,127-93-3,282
-------------4.1%2.3%
79.7%66.8%57.6%49.9%53.1%49.7%39.3%15.8%15.5%26.3%36.6%36.2%33.1%27.8%26.0%
4.362.522.081.701.791.701.791.121.101.171.581.301.231.000.92
1.412.270.751.100.841.571.340.070.151.171.581.301.230.860.92
0.260.500.741.000.881.011.545.335.442.801.731.762.022.592.85
6.1%4.1%-10.7%5.5%5.2%11.8%7.0%7.5%28.0%11.3%11.8%10.3%18.1%50.5%52.1%
4.8%2.8%-6.2%2.7%2.8%5.9%2.7%1.2%4.3%3.0%4.3%3.7%6.0%14.0%13.5%
over 10059.4513.60over 10051.03----------
-------------38 days37 days
-------------20 days17 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€6,143€6,452€13,268€12,446
€7,761€6,033€11,935€13,145€11,794

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on CORVEE

The operating result for 2025 is 70% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 33.2% to 20.3%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2023
Director
in office according to the deed of 18-10-2023
listed in the 2025 annual accounts, filed on 06-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 18-10-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director
Boardmandate already running before its first mention
Mandates as a list
    • Director, since before 31-12-2021

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,600
Source
2025 annual accounts

Articles of association

deed of 18-10-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of June at 14:00

Network & group

No group

CORVEE has no parent and no holdings in its annual accounts. is the only director.

Board mandates elsewhere

1 board mandate
Board mandates of CORVEECORVEE sits on their board1
Director
No longer active · total assets €8,563 (2024)

Connections & network

1 current director
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

24 events since 2010

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 25 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0822616616
Annual accounts 2024 filed PDFmicro format · 29 days before the deadline
2024
Back to profit net €3,217 The net result is €3,217, after one loss-making year.
Annual accounts 2023 filed PDFmicro format · 16 days before the deadline
2023
Weakest financial year net -€7,982 The net result drops to -€7,982, the lowest from 2011 to 2025. It recovers the following year.
Registered office moved within HerseltNew registered office: Groenheuvelstraat 1, 2230 Herselt · Previous registered office: Groenheuvelstraat 1A, 2230 Herselt · “Elektriciteitswerken; Het uitvoeren van werkzaamheden op gebied van alternatieve energie; Het uitvoeren van…” (deed in Dutch) · General meeting of 09-10-20236 points ▸
  • Incorporation, 22-01-2010
  • General meeting, 09-10-2023
  • 100 shares
  • Registered office clause, Flemish Region
  • Registered office clause, Groenheuvelstraat 1A, 2230 Herselt
  • Registered-office move, Groenheuvelstraat 1, 2230 Herselt
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 4 days late
2022
Annual accounts 2021 filed PDFmicro format · 5 days late
2021
Annual accounts 2020 filed PDFmicro format · 13 days late
Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Provincie Antwerpen
2020
Annual accounts 2019 filed PDFmicro format · 19 days late
2019
Annual accounts 2018 filed PDFmicro format · 6 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · on the deadline day
Environmental permit granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Westerlo
2017
Highest result from 2011 to 2025 net €15,744 ▲245% The operating result of €24,988 and the net result of €15,744 are both a record.
Annual accounts 2016 filed PDFmicro format · 17 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 16 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 27 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 25 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 22 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 23 days late
2010
First establishment Groenheuvelstraat 1, Herselt
Incorporation PDFpublished on 05-02-2010

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 22 January 2010, CORVEE was incorporated.1 In 2023 the registered office moved to Herselt.2 Total assets went from €384,779 in 2018 to €104,125 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 18-10-2023
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0822.616.616
VAT number
BE 0822.616.616
Peppol ID
0208:0822616616
Legal form
Private limited company
Status
Active, normal situation
Founded
22-01-2010
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of June at 14:00
deed of 18-10-2023 (in Dutch)
Peppol
Reachable since 08-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
CORVEE in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-10-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 18-10-2023 (in Dutch)

Activities

NACEBEL 2025
43320 Joinery installation main activity
Codes under NACEBEL 2008
43320 Joinery installation main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Elektriciteitswerken; Het uitvoeren van werkzaamheden op gebied van alternatieve energie; Het uitvoeren van werkzaamheden betreffende…”
16 activities
  1. Elektriciteitswerken
  2. Het uitvoeren van werkzaamheden op gebied van alternatieve energie
  3. Het uitvoeren van werkzaamheden betreffende verwarming,isolatie,sanitair en bouwwerken
  4. De vervaardiging,de plaatsing en de reparatie van centrale verwarmingsinstallaties,luchtbehandelingsapparatuur en andere technische installaties alsmede de handel in onderdelen van die installaties en apparatuur
  5. Verbouwings en renovatiewerken
  6. Installatie van airco en klimaatregeling
  7. Coördinatie van werven:meer bepaald voor de activiteit waarvoor de vennootschap geen vestigingsattest heeft,zal ze beroep doen op onderaannemers die wel voldoen aan de vestigingswet en zal de taak van de vennootschap erin bestaan deze werken met de onderaannemers te coördineren
  8. Alle mogelijke las en montagewerken,metalen constructies,en metaalbewerkingen,smederijen en sierijzerwerken
  9. Het vervaardigen en plaatsen van metalen ramen,deuren,vensters,wanden,luiken,veranda’s,hekken,garagepoorten,ijzerwerk,metaalconstructies,en in het algemeen alles wat met metaal te maken heeft
  10. Fabricage en onderhoud van industriële machines
  11. Verhuur van alle mogelijke machines en bedrijfsmateriaal
  12. Keukenplaatser,meer bepaald het plaatsen van niet zelf geproduceerde keukens
  13. Dakwerkzaamheden
  14. Bouw van daken
  15. Plaatsen van dakbedekking van ongeacht welk materiaal
  16. Plaatsen van dakgoten en regenafvoerbuizen
deed of 18-10-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Groenheuvelstraat 1 registered office 2230 Herselt 2553011 Machining of metals 09-02-2010 2.184.814.934

Buildings and parcels at the address

Ground area
877 m²
Buildings
143 m²
Volume, LiDAR
491 m³
Tallest building
10.3 m
Buildings to scale, each on its own parcel
142 m², 10.3 m 142 m², 10.3 m

Environmental permits

2 applications in Flanders since 2018 · 2 granted
21-01-2021 Granted Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie submitted 14-03-2020 · project 2020034734 Provincie Antwerpen
09-07-2018 Granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 14-04-2018 · project 2018044771 Westerlo

Source: Omgevingsloket Vlaanderen.

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
13013B0595/00K000877 m² 1 · 142 m² 10.3 m · 1

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0822.616.616

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