FUGAVE is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Private Limited, started on 12 April 2018, 1 establishment.

What is the address of FUGAVE?

The registered office of FUGAVE is located at Beneluxpark(Kor) 26 box 51, 8500 Kortrijk.

Is FUGAVE still active?

Yes. According to the CBE (30 October 2026) FUGAVE is active, legal situation “Normale toestand”, started on 12 April 2018.

Is FUGAVE registered on Peppol?

Yes, FUGAVE is registered on the Peppol network with ID 0208:0694696182.

What is the enterprise number of FUGAVE?

The enterprise number of FUGAVE is BE0694696182.

When was FUGAVE founded?

FUGAVE was founded on 12 April 2018.

Who are the directors of FUGAVE?

According to the 2025 annual accounts, the directors of FUGAVE are: Thibault Verstraete, Vesta Group NV, Patricia Schautteet.

Is FUGAVE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 April 2018; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did FUGAVE make in 2025?

FUGAVE posted a profit after taxes of € 27,806 in financial year 2025.

What is the revenue of FUGAVE?

As a small company, FUGAVE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 337,960.

FUGAVE (Private Limited) - Kortrijk - BE0694696182

Dossier FUGAVE, printed on 30 October 2026 from databakkes.be/en/0694696182/fugave. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

85 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

FUGAVE from Kortrijk, company number BE0694696182, closed financial year 2025 with a result of € 27,806 after tax. For that financial year FUGAVE recorded a gross margin of € 337,960 and equity of € 197,435. Compared with financial year 2024, the result moved from € 139,198 to € 27,806. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.

What it is worth Growing

€ 197,435

▲ 16% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 27,806

▼ 80% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.7 million

▼ 42% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 167,435.

Debts at end 2025

Bank debt

€ 4.2 million

▲ 37% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 688,004

▼ 39% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 103,329

▲ 98% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,300,704 Gross margin 2022: € 2,300,704 First fiscal year in the series	€ 272,225 Gross margin 2023: € 272,225 ▼ 88% vs 2022 (€ 2,300,704) Unfavourable step	€ 407,593 Gross margin 2024: € 407,593 ▲ 50% vs 2023 (€ 272,225) Favourable step	€ 337,960 Gross margin 2025: € 337,960 ▼ 17% vs 2024 (€ 407,593) Unfavourable step	▼ 17%
Profit after taxes	€ 1,452,932 Profit after taxes 2022: € 1,452,932 First fiscal year in the series	€ 61,980 Profit after taxes 2023: € 61,980 ▼ 96% vs 2022 (€ 1,452,932) Unfavourable step	€ 139,198 Profit after taxes 2024: € 139,198 ▲ 125% vs 2023 (€ 61,980) Favourable step	€ 27,806 Profit after taxes 2025: € 27,806 ▼ 80% vs 2024 (€ 139,198) Unfavourable step	▼ 80%
Equity	€ 32,451 Equity 2022: € 32,451 First fiscal year in the series	€ 30,432 Equity 2023: € 30,432 ▼ 6% vs 2022 (€ 32,451) Unfavourable step	€ 169,630 Equity 2024: € 169,630 ▲ € 139,198 vs 2023 (€ 30,432) Favourable step	€ 197,435 Equity 2025: € 197,435 ▲ 16% vs 2024 (€ 169,630) Favourable step	▲ 16%
Total debts	€ 3,834,989 Total debts 2022: € 3,834,989 First fiscal year in the series	€ 3,346,853 Total debts 2023: € 3,346,853 ▼ 13% vs 2022 (€ 3,834,989) Favourable step	€ 4,327,000 Total debts 2024: € 4,327,000 ▲ 29% vs 2023 (€ 3,346,853) Unfavourable step	€ 5,096,508 Total debts 2025: € 5,096,508 ▲ 18% vs 2024 (€ 4,327,000) Unfavourable step	▲ 18%
Cash	€ 2,217,592 Cash 2022: € 2,217,592 First fiscal year in the series	€ 1,793,039 Cash 2023: € 1,793,039 ▼ 19% vs 2022 (€ 2,217,592) Unfavourable step	€ 2,983,051 Cash 2024: € 2,983,051 ▲ 66% vs 2023 (€ 1,793,039) Favourable step	€ 1,733,563 Cash 2025: € 1,733,563 ▼ 42% vs 2024 (€ 2,983,051) Unfavourable step	▼ 42%
Retained profit	€ 2,451 Retained profit 2022: € 2,451 First fiscal year in the series	€ 432 Retained profit 2023: € 432 ▼ 82% vs 2022 (€ 2,451) Unfavourable step	€ 139,630 Retained profit 2024: € 139,630 ▲ € 139,198 vs 2023 (€ 432) Favourable step	€ 167,435 Retained profit 2025: € 167,435 ▲ 20% vs 2024 (€ 139,630) Favourable step	▲ 20%
Dividend	€ 1,465,000 Dividend 2022: € 1,465,000 First fiscal year in the series	€ 64,000 Dividend 2023: € 64,000 ▼ 96% vs 2022 (€ 1,465,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 64,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 3,049,284 Bank debt 2024: € 3,049,284 Unchanged (€ 0) Unfavourable step	€ 4,170,320 Bank debt 2025: € 4,170,320 ▲ 37% vs 2024 (€ 3,049,284) Unfavourable step	▲ 37%
Balance sheet total	€ 4,052,440 Balance sheet total 2022: € 4,052,440 First fiscal year in the series	€ 3,553,785 Balance sheet total 2023: € 3,553,785 ▼ 12% vs 2022 (€ 4,052,440) Unchanged	€ 4,663,630 Balance sheet total 2024: € 4,663,630 ▲ 31% vs 2023 (€ 3,553,785) Unchanged	€ 5,440,444 Balance sheet total 2025: € 5,440,444 ▲ 17% vs 2024 (€ 4,663,630) Unchanged	▲ 17%

Key figures of FUGAVE, 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 FUGAVE?

What happened at FUGAVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 16, 2026 New annual accounts for financial year 2025: profit of € 27,806 (▼ 80% vs 2024). Source: NBB ↗
2023 Thibault Verstraete became a director. NBB
2023 Vesta Group NV became a director. NBB
2023 Patricia Schautteet became a director. NBB
Apr 12, 2018 New establishment in Kortrijk. KBO
Apr 12, 2018 Start of the company according to the CBE. KBO

In short

From € 1.5 million profit in 2022 to € 27,806 profit in 2025.

Paid € 567,990 in corporate taxes since 2022.

Best year ever: 2022, with € 1.5 million profit.

Paid out € 1.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Thibault Verstraete Vesta Group NV Patricia Schautteet

VERSTRAETE

VILLA FRANCINE

FUGAVE

Imstad

+44

Behind FUGAVE are Thibault Verstraete, Vesta Group NV and Patricia Schautteet. The same people are also behind VERSTRAETE, VILLA FRANCINE, VERSTRAETE RINO, AVABEKE and KBP BUSINESS CENTER. Thibault Verstraete is also behind THIVEPRO and Vesta Group. Vesta Group NV is also behind JETSE, VERSTRAETE DEVELOPMENT, LEEUWKE, VERSTRAETE BOUWONDERNEMING and QUAEDE ACKER. Patricia Schautteet is also behind Imstad, KUSTSTADBOUWBEDRIJF, TOPAZE, VEMACO and DUINENVELD.

Directors

According to the 2025 annual accounts

Thibault Verstraete

Director

Also active at: VERSTRAETE, VILLA FRANCINE, VERSTRAETE RINO, AVABEKE, KBP BUSINESS CENTER, JABITO, VERSTRAETE BOUWPROJECTEN, THIVEPRO +4 more

since 2023

Vesta Group NV

Director, Chairman of the board · represented by Christophe Verstraete

Also active at: VERSTRAETE, VILLA FRANCINE, JETSE, VERSTRAETE DEVELOPMENT, LEEUWKE, VERSTRAETE BOUWONDERNEMING, QUAEDE ACKER, AROES +24 more

since 2023

Patricia Schautteet

Director

Also active at: Imstad, KUSTSTADBOUWBEDRIJF, TOPAZE, VERSTRAETE, VEMACO, DUINENVELD, DE POORTERIJ, BROUWERSHOF +31 more

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Beneluxpark(Kor) 26 box 51

8500 Kortrijk

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 85 companies are registered at this address.

All companies at this address →

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0694.696.182
VAT number: BE 0694.696.182
Registered office: Beneluxpark(Kor) 26 bus 51, 8500 Kortrijk
Names & denominations: FUGAVE
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 12 April 2018
Peppol: Active · Active since 21 Oct 2026
Activities · NACE: Ontwikkeling van residentiële bouwprojecten

View on CBE Public ↗ Annual accounts (NBB) ↗

FUGAVE

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Financials

What happened to FUGAVE?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

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