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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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GYFA from Wortegem-Petegem, company number BE0467047674, closed financial year 2025 with a result of € 67,441 after tax. For that financial year GYFA recorded a gross margin of € 155,593 and equity of € 660,497. Compared with financial year 2024, the result moved from € -48,700 to € 67,441. Profitable, and profit is growing. 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 March 9, 2026.
€ 660,497
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 67,441
▲ still € 48,700 loss in 2024
Profit after tax over the fiscal year.
€ 264,219
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 78,409 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 18,293
▼ 63% 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.
€ 2,888
▲ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,844
▲ 111% 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 | € 50,331 | € 31,159 | € 30,645 | € 155,593 | ▲ € 124,948 |
| Profit after taxes | € 143,548 | € -61,786 | € -48,700 | € 67,441 | ▲ € 116,140 |
| Equity | € 806,950 | € 745,165 | € 671,465 | € 660,497 | ▼ 2% |
| Total debts | € 647,244 | € 630,262 | € 509,266 | € 498,739 | ▼ 2% |
| Cash | € 225,079 | € 388,401 | € 248,965 | € 264,219 | ▲ 6% |
| Retained profit | € 745,450 | € 683,665 | € 609,965 | € 598,997 | ▼ 2% |
| Dividend | € 66,970 | € 0 | € 25,000 | € 78,409 | ▲ 214% |
| Balance sheet total | € 1,454,195 | € 1,375,427 | € 1,180,731 | € 1,159,235 | ▼ 2% |
Key figures of GYFA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to GYFA?
What happened at GYFA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 67,441. Source: NBB ↗
- Benoit Faveere became a director. NBB
- Eline Faveere became a director. NBB
- Guy Faveere became a director. NBB
- New establishment in Wortegem-Petegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 143,548 profit in 2022 to € 67,441 profit in 2025.
Paid € 33,274 in corporate taxes since 2022.
Best year ever: 2022, with € 143,548 profit.
Paid out € 170,379 in dividends to the owners in total.
Management
Behind GYFA are Benoit Faveere, Eline Faveere and Guy Faveere. It owns 19.3% of August Faveere Devos NV itself.
Directors
According to the 2025 annual accounts
Benoit Faveere
Director
since 2023
Eline Faveere
Director
since 2023
Guy Faveere
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Egaalstraat (W.) 24
9790 Wortegem-Petegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0467.047.674
- VAT number
- BE 0467.047.674
- Registered office
- Egaalstraat (W.) 24, 9790 Wortegem-Petegem
- Names & denominations
- GYFA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 1999
- Peppol
- Active · Active since 29 Sept 2025
- Activities · NACE
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