Result
€110,591 €110,591
Back in profit in 2025, after a loss of €154,646 in 2024.
KORVENT
Lifetime
19 annual accounts with figures on one time axispeak €595,069 (2020)
€332,996▲ 312%
lowest -€155,809 (2011)
€110,591▲ €265,238
peak €656,878 (2023)
€612,822▲ 22.0%
€95,396▲ 59.6%
peak 8 FTE (2010)
4 FTE▼ 7.0%
Board3 names since 2021
2 directorsSANSEN Joke and 1 other
Documentsfilings and deeds
30-04-2026on the last day
2025abbreviated format
Gross margin from €80,916 to €332,996Back to profit: €110,591Equity from €502,231 to €612,822Debts from €59,756 to €95,396Cash from €101,528 to €275,527
Key points
from the 2025 annual accountsChecked score
97
Excellent
Financially stronger than 76% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.4%▲ +0.1 percentage points vs 12-2024
02-2025: 0.5%▲ +0.1 percentage points vs 01-2025
03-2025: 0.6%▲ +0.1 percentage points vs 02-2025
04-2025: 0.7%▲ +0.1 percentage points vs 03-2025
05-2025: 0.9%▲ +0.2 percentage points vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 0.9%● unchanged vs 07-2025
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 1.0%▲ +0.1 percentage points vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.2%▲ +0.2 percentage points vs 02-2026
04-2026: 1.3%▲ +0.1 percentage points vs 03-2026
05-2026: 1.6%▲ +0.3 percentage points vs 04-2026highest value
06-2026: 0.1%▼ -1.5 percentage points vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 7.42, cash €275,527
Equity €612,822 (86.5% of total assets)
Founded in 2007
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 90% of them on solvency, 93% on liquidity, 52% on profitability and 69% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as KORVENT has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of KORVENT itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 34,693 companies, not a prediction for KORVENT. 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 of up to €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.42 (9.4 in 2024), above the usual 1.5. Short-term debt is 13.5% and cash 38.9% of total assets. 13.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
1 day early
2022
5 days late
2021
5 days late
2020
on the day
2019
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end11-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0886083815
Registered office moved within Kortrijk
New registered office: Heule (België), Bissegemsestraat 45 bus 4, 8501 Kortrijk · Previous registered office: Oudenaardsesteenweg 86A, 8500 Kortrijk (België) · Board meeting of 11-07-2024 · Gazette deed
1 director appointed, 1 manager resigning, 1 resignation, 1 reappointment
Resignations: STAELENS Christophe Feliks Thomas (manager) and SANSEN Joke (director) · Reappointment: SANSEN Joke (director) · Appointment: SPURS KLIMAAT · General meeting of 29-06-2023 · Gazette deed
Registered office moved within Kortrijk
New registered office: Oudenaardsesteenweg 86 A, 8500 Kortrijk · Previous registered office: Deken Camerlyncklaan 105-8500 Kortrijk · General meeting of 12-12-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KORVENT Kortrijk | €708,219 | €332,996 | 86.5% | 4 |
| SANITAIR VAN BUYNDER Beveren-Kruibeke-Zwijndrecht | €659,721 | €351,455 | 77.3% | 3.6 |
| E.C.V.S Aalst | €696,274 | €270,740 | 0.6% | 3.8 |
| REMELS Herk-de-Stad | €855,323 | €343,076 | 12.4% | 3.9 |
| T&T HEATING SOLUTIONS Middelkerke | €837,311 | €386,233 | 32.8% | 4.2 |
| Elvebo Energietechniek Wingene | €789,527 | €426,514 | 55.3% | 4.2 |
| POZZOLO Koekelare | €656,797 | €366,921 | 45.3% | 3 |
These companies have the same main activity as KORVENT: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €657,000 and €855,000, founded between 2005 and 2010.
Official details
Source: KBO- Status
- Active since 03-01-2007Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 2 others
- Joint committees
- 111Metal, mechanical and electrical engineering
- 124Construction
- 209White-collar workers in metal manufacturing · annual accounts 30-09-2022
- Establishment unit
- 2.160.772.1968501 Kortrijk, since 05-02-2007
- Financial year end
- 30 September
- Peppol
- Reachable since 17-06-2025
Annual accounts to 30-09-2025
- ≈ €850,000estimated
- €708,219▲ 26.0%
- Employeeson 30-09-2025
- 4▼ 20.0%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on KORVENT
KORVENT files the abbreviated format. That format states no turnover. The gross margin rose from €26,700 in 2007 to €332,996 in 2025.
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 KORVENT
- What is the company number of KORVENT?
- The company number of KORVENT is 0886.083.815. The VAT number is the same number with BE in front: BE 0886.083.815.
- Where is KORVENT based?
- The registered office is at Bissegemsestraat (Bis) 45, 8501 Kortrijk.Company details
- What does KORVENT do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of KORVENT?
- KORVENT is a private limited company (BV).
- When was KORVENT founded?
- KORVENT was founded on 03-01-2007.
- Is KORVENT still active?
- Yes, KORVENT is an active enterprise in the KBO register.
- How many employees does KORVENT have?
- KORVENT had an average of 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KORVENT fall under?
- In its 30-09-2022 annual accounts, KORVENT states joint committees 111 (Metal, mechanical and electrical engineering), 124 (Construction) and 209 (White-collar workers in metal manufacturing).
- What is the turnover of KORVENT?
- The turnover in financial year 2025 is ≈ €850,000. This figure is estimated from the gross margin of €332,996 and 46 comparable companies (NACE 432). It probably lies between €720,000 and €1.1m.
- Is KORVENT profitable?
- In financial year 2025, KORVENT made a profit of €110,591.
- Where can I find the annual accounts of KORVENT?
- KORVENT filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KORVENT due?
- KORVENT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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