Financials
Financial year 2024
FAVAS from Sint-Jans-Molenbeek, company number BE0476145581, closed financial year 2024 with a result of € 70,071 after tax. For that financial year FAVAS recorded a gross margin of € 71,142 and equity of € 228,708. Compared with financial year 2023, the result moved from € -1,071 to € 70,071. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 228,708
▲ 44% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 70,071
▲ still € 1,071 loss in 2023
Profit after tax over the fiscal year.
€ 1.2 million
▲ 5% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 48,708.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 60,428
▲ 7% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 4,397
▼ 26% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -45,367 | € 1,167 | € 158 | € 71,142 | ▲ € 70,984 |
| Profit after taxes | € -55,901 | € -5,090 | € -1,071 | € 70,071 | ▲ € 71,142 |
| Equity | € 164,797 | € 159,707 | € 158,637 | € 228,708 | ▲ 44% |
| Total debts | € 735,006 | € 741,240 | € 706,388 | € 707,756 | |
| Cash | € 1,149,804 | € 1,139,285 | € 1,105,420 | € 1,156,464 | ▲ 5% |
| Retained profit | € -15,203 | € -20,293 | € -21,363 | € 48,708 | ▲ € 70,071 |
| Balance sheet total | € 1,149,804 | € 1,150,948 | € 1,115,025 | € 1,186,464 | ▲ 6% |
Key figures of FAVAS, 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 FAVAS?
What happened at FAVAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 70,071. filed late Source: NBB ↗
- Christian FAVERE became a director. NBB
- New establishment in Sint-Jans-Molenbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,901 loss in 2021 to € 70,071 profit in 2024.
Best year ever: 2024, with € 70,071 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind FAVAS is Christian FAVERE. Christian FAVERE is also behind LE RIBOU.
Directors
According to the 2024 annual accounts
since 2006
Establishments
Establishment units
Physical locations of this company
Picardstraat 42
1080 Sint-Jans-Molenbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.145.581
- VAT number
- BE 0476.145.581
- Registered office
- Picardstraat 42, 1080 Sint-Jans-Molenbeek
- Names & denominations
- FAVAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 November 2001
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars