Active · per the CBE, 29 October 2026

FAVEO

BE0418437214

Rechtspersoon Private limited company 1 establishment

FAVEO is a wholesaler in Deinze. Private Limited, started on 29 June 1978, 1 establishment.

Ter Mote 5, 9850 Deinze

Behind the company: Kristel Grieten, Kürt T'Kindt.

Active for

48 year, 4 months

Financials

Financial year 2025

FAVEO from Deinze, company number BE0418437214, closed financial year 2025 with a result of € 18,512 after tax. For that financial year FAVEO recorded a gross margin of € 62,155 and equity of € 343,120. Compared with financial year 2024, the result moved from € 20,974 to € 18,512. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Growing

€ 343,120

▲ 6% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 18,512

▼ 12% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 57,468

▲ 284% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 293,120.

People and assets in 2025

Vehicles and equipment

€ 62,280

▼ 13% vs 2024

Of which on lease € 58,349.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 6,575

▼ 77% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 40,442

▲ 6% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 63,234 € 69,436 € 84,574 € 62,155 ▼ 27%
Profit after taxes € 8,702 € 13,713 € 20,974 € 18,512 ▼ 12%
Equity € 289,922 € 303,635 € 324,608 € 343,120 ▲ 6%
Total debts € 89,586 € 107,094 € 90,843 € 83,145 ▼ 8%
Cash € 17,903 € 6,945 € 14,984 € 57,468 ▲ 284%
Retained profit € 239,922 € 253,635 € 274,608 € 293,120 ▲ 7%
Bank debt € 14,875 € 6,375 € 0 € 0
Balance sheet total € 379,507 € 410,729 € 415,451 € 426,266 ▲ 3%

Key figures of FAVEO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to FAVEO?

What happened at FAVEO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 18,512 (▼ 12% vs 2024). filed late Source: NBB ↗
  • New establishment in Deinze. KBO
  • Start of the company according to the CBE. KBO

In short

From € 8,702 profit in 2022 to € 18,512 profit in 2025.

Paid € 42,026 in corporate taxes since 2022.

Best year ever: 2024, with € 20,974 profit.

Management

Kristel Grieten Kürt T'Kindt

Behind FAVEO are Kristel Grieten and Kürt T'Kindt. The same people are also behind Nieuwjaarsbrieven and De Gouden Pluim. Kürt T'Kindt is also behind COLPAERT.

Directors

According to the 2025 annual accounts

Kristel Grieten

Director

Also active at: Nieuwjaarsbrieven, De Gouden Pluim

Kürt T'Kindt

Director

Also active at: Nieuwjaarsbrieven, De Gouden Pluim, COLPAERT

Establishments

Establishment units

Physical locations of this company

Registered office

Ter Mote 5

9850 Deinze

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0418.437.214
VAT number
BE 0418.437.214
Registered office
Ter Mote 5, 9850 Deinze
Names & denominations
FAVEO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
29 June 1978
Peppol
Active · Active since 18 Dec 2025
Activities · NACE

Groothandel in kranten, boeken en tijdschriften

Frequently asked questions

What does FAVEO do?
FAVEO is a wholesaler in Deinze. Private Limited, started on 29 June 1978, 1 establishment.
What is the address of FAVEO?
The registered office of FAVEO is located at Ter Mote 5, 9850 Deinze.
Is FAVEO still active?
Yes. According to the CBE (29 October 2026) FAVEO is active, legal situation “Normale toestand”, started on 29 June 1978.
Is FAVEO registered on Peppol?
Yes, FAVEO is registered on the Peppol network with ID 0208:0418437214.
What is the enterprise number of FAVEO?
The enterprise number of FAVEO is BE0418437214.
When was FAVEO founded?
FAVEO was founded on 29 June 1978.