Financials
Financial year 2025
FAVINCO from Gavere, company number BE0445768745, closed financial year 2025 with a result of € 612,822 after tax. For that financial year FAVINCO recorded a gross margin of € 874,137 and equity of € 4.5 million. Compared with financial year 2024, the result moved from € 619,216 to € 612,822. 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 May 18, 2026.
€ 4.5 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 612,822
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 236,692
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4.5 million.
People and assets in 2025
€ 78,001
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,647
▲ 115% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 125,188
▼ 8% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 611,671 | € 868,487 | € 915,723 | € 874,137 | ▼ 5% |
| Profit after taxes | € 202,266 | € 817,775 | € 619,216 | € 612,822 | ▼ 1% |
| Equity | € 2,451,399 | € 3,269,175 | € 3,888,391 | € 4,501,213 | ▲ 16% |
| Total debts | € 72,043 | € 155,631 | € 144,625 | € 135,100 | ▼ 7% |
| Cash | € 178,259 | € 114,044 | € 297,830 | € 236,692 | ▼ 21% |
| Retained profit | € 2,438,999 | € 3,256,775 | € 3,875,991 | € 4,488,813 | ▲ 16% |
| Balance sheet total | € 2,523,442 | € 3,424,806 | € 4,033,016 | € 4,636,313 | ▲ 15% |
Key figures of FAVINCO, 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 FAVINCO?
What happened at FAVINCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 612,822 (▼ 1% vs 2024). Source: NBB ↗
- Michaëlla Van Quickelberghe became a director. NBB
- Vincent Favril became a director. NBB
- New establishment in Gavere. KBO
- Start of the company according to the CBE. KBO
In short
From € 202,266 profit in 2022 to € 612,822 profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 817,775 profit.
Management
Behind FAVINCO are Michaëlla Van Quickelberghe and Vincent Favril.
Directors
According to the 2025 annual accounts
Michaëlla Van Quickelberghe
Director
since 2021
Vincent Favril
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Kleinhulle 5
9890 Gavere
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.768.745
- VAT number
- BE 0445.768.745
- Registered office
- Kleinhulle 5, 9890 Gavere
- Names & denominations
- FAVINCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 1991
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
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