Financials
Financial year 2024
FAFEL CONSTRUCT from Machelen (Brab.), company number BE0689921903, closed financial year 2024 with a result of € 19,364 after tax. For that financial year FAFEL CONSTRUCT recorded a gross margin of € 19,144 and equity of € 124,749. Compared with financial year 2023, the result moved from € -17,313 to € 19,364. 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 July 14, 2025.
€ 124,749
▲ 16% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,364
▲ still € 17,313 loss in 2023
Profit after tax over the fiscal year.
€ 15,961
▲ 74% 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 € 114,749.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 797
▼ 73% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 4,414
▼ 63% vs 2023
Loans from banks and other lenders, long and short.
€ 14,754
▼ 27% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,175
▼ 65% 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 | |
|---|---|---|---|---|---|
| Revenue | € 725,747 | € 890,904 | - | - | |
| Gross margin | € 41,343 | € 25,542 | € -4,540 | € 19,144 | ▲ € 23,685 |
| Profit after taxes | € 24,618 | € 3,282 | € -17,313 | € 19,364 | ▲ € 36,677 |
| Equity | € 128,016 | € 131,298 | € 107,847 | € 124,749 | ▲ 16% |
| Total debts | € 82,380 | € 142,194 | € 62,568 | € 56,785 | ▼ 9% |
| Cash | € 20,521 | € 113,611 | € 9,187 | € 15,961 | ▲ 74% |
| Retained profit | € 109,416 | € 112,698 | € 95,385 | € 114,749 | ▲ 20% |
| Bank debt | € 30,563 | € 21,223 | € 11,976 | € 4,414 | ▼ 63% |
| Balance sheet total | € 210,396 | € 273,492 | € 170,415 | € 181,534 | ▲ 7% |
| Employees (FTE) | - | 1.8 | - | - |
Key figures of FAFEL CONSTRUCT, 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 FAFEL CONSTRUCT?
What happened at FAFEL CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 19,364. Source: NBB ↗
- TIAGO CARDOSO ALVES became a director. NBB
- New establishment in Machelen (Brab.). KBO
- Start of the company according to the CBE. KBO
In short
From € 24,618 profit in 2021 to € 19,364 profit in 2024.
Paid € 7,400 in corporate taxes since 2021.
Best year ever: 2021, with € 24,618 profit.
On average € 14,200 of value added per employee in 2022.
A new publication or filing at FAFEL CONSTRUCT? We notify you, reason included.
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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 FAFEL CONSTRUCT is TIAGO CARDOSO ALVES.
Directors
According to the 2024 annual accounts
TIAGO CARDOSO ALVES
Manager
since 2020
Establishments
Establishment units
Physical locations of this company
Broekstraat 66
1831 Machelen (Brab.)
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0689.921.903
- VAT number
- BE 0689.921.903
- Registered office
- Broekstraat 66, 1831 Machelen (Brab.)
- Names & denominations
- FAFEL CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 2018
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Bouwrijp maken van terreinen
Installatie van isolatie
Stukadoorswerk
Chapewerken
Isolatiewerkzaamheden