Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
PGMBH FAVOREEL from Raeren, company number BE0442889132, closed financial year 2024 with a result of € -4,545 after tax. For that financial year PGMBH FAVOREEL recorded a gross margin of € 877 and equity of € 46,510. Compared with financial year 2023, the result moved from € 1,462 to € -4,545. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2025.
€ 46,510
▼ 9% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,545
▼ still € 1,462 profit in 2023
Profit after tax over the fiscal year.
€ 9,065
▼ 26% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 40,313.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,272
▲ 56% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1,600
Supplier invoices still open on the last day of the fiscal year.
€ 5,300
▼ 21% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 6,978 | € 1,378 | € 3,987 | € 877 | ▼ 78% |
| Profit after taxes | € 3,572 | € -350 | € 1,462 | € -4,545 | ▼ € 6,007 |
| Equity | € 49,943 | € 49,593 | € 51,055 | € 46,510 | ▼ 9% |
| Total debts | € 12,050 | € 12,005 | € 8,897 | € 7,827 | ▼ 12% |
| Cash | € 26,032 | € 19,248 | € 12,194 | € 9,065 | ▼ 26% |
| Retained profit | € 43,746 | € 43,396 | € 44,858 | € 40,313 | ▼ 10% |
| Bank debt | € 0 | € 0 | € 607 | € 0 | ▼ 100% |
| Balance sheet total | € 61,993 | € 61,598 | € 59,952 | € 54,337 | ▼ 9% |
Key figures of PGMBH FAVOREEL, 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 PGMBH FAVOREEL?
What happened at PGMBH FAVOREEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 4,545 (▼ € 6,007 vs 2023). filed late Source: NBB ↗
- New establishment in Raeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,572 profit in 2021 to € 4,545 loss in 2024.
Paid € 16,527 in corporate taxes since 2021.
Best year ever: 2021, with € 3,572 profit.
Management
Behind PGMBH FAVOREEL is Christian Favoreel.
Directors
According to the 2024 annual accounts
Christian Favoreel
Manager
Establishments
Establishment units
Physical locations of this company
Wesselbend 105
4731 Raeren
Belven 110A
4730 Raeren
Active since 28 December 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.889.132
- VAT number
- BE 0442.889.132
- Registered office
- Wesselbend 105, 4731 Raeren
- Names & denominations
- PGMBH FAVOREEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1990
- Peppol
- Not registered