Equity
-€203,516
Debts exceed assets in financial year 2025.
CORVERSY
Lifetime
16 annual accounts with figures on one time axispeak €19,161 (2017)
€11,290▲ 30.1%
lowest -€33,970 (2014)
-€17,923▲ €6,643
peak €124,535 (2011)
-€203,516▼ €17,923
€403,077▲ 6.8%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
14-07-202617 days before the deadline
2025abbreviated format
Gross margin from €8,680 to €11,290Loss of €17,923Cash from €1,709 to €685
Key points
from the 2025 annual accountsLosses
-€382,916 in 16 years
Every financial year from 2010 to 2025 closed with a loss. 2014 was the heaviest.
Turnover
≈ €58,000 estimated
The abbreviated format states no turnover.
Debts
€403,077 202% of the balance sheet
Suppliers 1%Taxes and wages 1%Other 99%
Of this, €402,549 falls due within a year.
Filings
16 annual accounts since 2010
Three of the last ten came late. The 2021 accounts came latest: 22 days after the end of the period.
Position in the sector
-102.0%
Lower solvency than 92% of companies in accommodation. Sector median 27.3% · 993 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,333 companies had the same profile as CORVERSY has now. Each dot stands for 6 companies, two years later.
90.5%
were still trading
5.9%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 2,333 companies, not a prediction for CORVERSY. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0820228040
2 directors appointed, 2 resignations
Resignations: (director) and (director) · Appointments: (director) and (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 29-12-2023 · Gazette deed
Registered office moved from leper to Ypres
New registered office: Surmont De Volksbergestraat 1A, 8900 Ieper · Previous registered office: Diksmuidsestraat 43, 8900 leper, België · Gazette deed
First establishment
KOKOUVINS, Surmont de Volsberghestraat 1, Ypres
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CORVERSY Ypres | €199,561 | €11,290 | -102.0% | - |
| ARKADY Hove | €148,555 | €10,318 | 13.9% | 0.3 |
| Heel-Al Sint-Martens-Latem | €139,527 | €11,612 | 0.3% | - |
| JFV IMMO Juprelle | €286,370 | €14,038 | 27.9% | - |
| LOVIEHOEVE Middelkerke | €213,805 | €9,753 | 52.5% | - |
| HYWAVETEC Tielt-Winge | €137,943 | €14,904 | 34.1% | - |
| 'T APPELKEN Sint-Laureins | €180,688 | €10,424 | 64.8% | - |
These companies have the same main activity as CORVERSY: holiday cottages, homes and apartments (NACE 55203). They are comparable in size and age: total assets between €138,000 and €286,000, founded between 1997 and 2012.
Official details
Source: KBO- Status
- Active since 30-10-2009Normal situation
- Activity
- Holiday cottages, homes and apartmentsNACE 55203and 3 others
- Establishment unit
- 2.182.429.5268900 Ypres, since 01-11-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 18-08-2025
Annual accounts 2025
- €199,561▲ 4.1%
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on CORVERSY
CORVERSY files the abbreviated format. That format states no turnover. The gross margin fell from €18,371 in 2010 to €11,290 in 2025.
The balance sheet grew most in 2011 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CORVERSY
- What is the company number of CORVERSY?
- The company number of CORVERSY is 0820.228.040. The VAT number is the same number with BE in front: BE 0820.228.040.
- Where is CORVERSY based?
- The registered office is at Surmont de Volsberghestraat 1, 8900 Ypres.Company details
- What does CORVERSY do?
- According to the KBO register, the main activity is holiday cottages, homes and apartments (NACE 55203).
- What is the legal form of CORVERSY?
- CORVERSY is a private limited company (BV).
- When was CORVERSY founded?
- CORVERSY was founded on 30-10-2009.
- Is CORVERSY still active?
- Yes, CORVERSY is an active enterprise in the KBO register.
- What is the turnover of CORVERSY?
- The turnover in financial year 2025 is ≈ €58,000. This figure is estimated from the gross margin of €11,290 and 30 comparable companies (NACE 55). It probably lies between €33,000 and €91,000. It is a rough estimate.Financials
- Is CORVERSY profitable?
- In financial year 2025, CORVERSY made a loss of €17,923.
- Where can I find the annual accounts of CORVERSY?
- CORVERSY filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CORVERSY due?
- CORVERSY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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