Bankrupt · Opening faillissement (CBE)

FAVOS

BE0433710655

Rechtspersoon Public limited company 1 establishment

Waterloosesteenweg 1135, 1180 Ukkel

Behind the company: MANAGEMENT GESTION & SERVICES SRL.

Start date

11 March 1988

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.

  • Figures corrected NBB

    Corrected annual account filed for 2023.

  • Busy address KBO

    58 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

FAVOS from Ukkel, company number BE0433710655, closed financial year 2024 with a result of € 2.7 million after tax. For that financial year FAVOS recorded a gross margin of € 817,807 and equity of € 3.2 million. Compared with financial year 2023, the result moved from € -760,294 to € 2.7 million. Profitable, and profit is growing. 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 December 19, 2025.

What it is worth Growing

€ 3.2 million

▲ € 2.7 million vs 2023

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

Profit Growing

€ 2.7 million

▲ still € 760,294 loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 608

▲ 156% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 3 million.

People and assets in 2024

Full-time equivalents

0

Average over the fiscal year, from the social balance sheet.

Debts at end 2024

Bank debt ≈ 41 years to go

€ 1 million

▼ 48% vs 2023

€ 24,956 is repaid this year. At this pace the long-term loan is gone in ≈ 41 years.

Owed to suppliers

€ 37,547

▲ 26% vs 2023

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

Taxes

€ 648,710

▲ 129% vs 2023

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

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Revenue - - € 2,324 -
Gross margin - - - € 817,807
Profit after taxes € -421,710 € -3,328,642 € -760,294 € 2,734,966 ▲ € 3.5 million
Equity € 4,510,767 € 1,182,125 € 421,831 € 3,156,796 ▲ € 2.7 million
Total debts € 6,331,364 € 6,419,168 € 3,227,094 € 2,915,828 ▼ 10%
Cash € 1,314 € 50 € 238 € 608 ▲ 156%
Land & buildings € 3,712,202 € 3,610,642 € 529,874 € 282,034 ▼ 47%
Retained profit € 4,309,967 € 981,325 € 221,031 € 2,955,996 ▲ € 2.7 million
Bank debt € 2,467,548 € 2,584,064 € 1,958,170 € 1,025,678 ▼ 48%
Balance sheet total € 11,651,323 € 8,427,469 € 4,662,193 € 6,758,475 ▲ 45%

Key figures of FAVOS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to FAVOS?

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

FAVOS is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: profit of € 2.7 million. filed late Source: NBB ↗
  • MANAGEMENT GESTION & SERVICES SRL became a director. NBB
  • New establishment in Ukkel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 421,710 loss in 2021 to € 2.7 million profit in 2024.

Paid € 379,369 in corporate taxes since 2021.

Best year ever: 2024, with € 2.7 million profit.

Management

The stake of LOUISIMMO, SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE, SONIMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FAVOS
SOFONA 9.9%

Behind FAVOS is MANAGEMENT GESTION & SERVICES SRL. The shares are held by LOUISIMMO (57.7%), SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE (28.5%) and SONIMO (13.8%). It owns 9.9% of SOFONA itself.

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Establishments

Establishment units

Physical locations of this company

Registered office

Waterloosesteenweg 1135

1180 Ukkel

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

Details

Company number
0433.710.655
VAT number
BE 0433.710.655
Registered office
Waterloosesteenweg 1135, 1180 Ukkel
Names & denominations
FAVOS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
11 March 1988
Peppol
Active · Active since 11 Jan 2026

Frequently asked questions

What is the address of FAVOS?
The registered office of FAVOS is located at Waterloosesteenweg 1135, 1180 Ukkel.
Is FAVOS still active?
No. The CBE lists FAVOS with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is FAVOS registered on Peppol?
Yes, FAVOS is registered on the Peppol network with ID 0208:0433710655.
What is the enterprise number of FAVOS?
The enterprise number of FAVOS is BE0433710655.
When was FAVOS founded?
FAVOS was founded on 11 March 1988.
Who owns FAVOS?
Behind FAVOS is MANAGEMENT GESTION & SERVICES SRL. The shares are held by LOUISIMMO (57.7%), SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE (28.5%) and SONIMO (13.8%). It owns 9.9% of SOFONA itself.