Active · per the CBE, 31 October 2026

FAVOR COOL

BE0694780019

Rechtspersoon Private limited company 3 establishments

FAVOR COOL is a heating and ventilation installer in Bree. Private Limited, started on 16 April 2018, 3 establishments.

Industrieterrein Kanaal-Noord 1434, 3960 Bree

Behind the company: J & S MANAGEMENT BV.

Active for

8 year, 6 months

Warning lights

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

  • Tight liquidity NBB

    Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

FAVOR COOL from Bree, company number BE0694780019, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year FAVOR COOL recorded a gross margin of € 3.6 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 259,830 to € 1.1 million. 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 April 3, 2026.

What it is worth Growing

€ 1.9 million

▲ 70% vs 2024

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

Profit Growing

€ 1.1 million

▲ € 875,292 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 110,758

▼ 31% vs 2024

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

Where the profit goes Pays out

€ 350,000 paid out

31 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

20.6

▲ 2.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.3 million

▲ 23% vs 2024

€ 62,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 378,342

▼ 29% vs 2024

Of which on lease € 179,095.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 4.7 million

▲ 89% vs 2024

€ 495,153 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 455,464

▼ 41% vs 2024

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

Taxes and wages

€ 362,204

▲ 26% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 743,360 € 1,363,365 € 1,927,632 € 3,613,798 ▲ 87%
Profit after taxes € 409,498 € 317,544 € 259,830 € 1,135,122 ▲ € 875,292
Equity € 544,712 € 862,256 € 1,122,086 € 1,907,208 ▲ 70%
Total debts € 1,077,374 € 2,949,398 € 3,924,953 € 6,302,845 ▲ 61%
Cash € 19,492 € 116,168 € 159,375 € 110,758 ▼ 31%
Retained profit € 526,112 € 843,656 € 1,103,486 € 1,888,608 ▲ 71%
Dividend € 0 € 0 € 0 € 350,000
Bank debt € 922,189 € 1,183,044 € 2,494,191 € 4,712,881 ▲ 89%
Balance sheet total € 1,622,086 € 3,811,655 € 5,047,039 € 8,210,053 ▲ 63%
Employees (FTE) - 12.6 18.1 20.6 ▲ 2.5

Key figures of FAVOR COOL, 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 FAVOR COOL?

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

  • New annual accounts for financial year 2025: profit of € 1.1 million (▲ € 875,292 vs 2024). Source: NBB ↗
  • New establishment in Lummen. KBO
  • J & S MANAGEMENT BV became a director. NBB
  • New establishment in Aartselaar. KBO
  • New establishment in Bree. KBO
  • Start of the company according to the CBE. KBO

In short

From € 409,498 profit in 2022 to € 1.1 million profit in 2025.

Paid € 738,457 in corporate taxes since 2022.

Best year ever: 2025, with € 1.1 million profit.

On average € 175,400 of value added per employee in 2025.

Management

Behind FAVOR COOL is J & S MANAGEMENT BV. It owns 100% of J&S Concepts itself.

Directors

According to the 2025 annual accounts

J & S MANAGEMENT BV

Director · represented by Georgios Rondags

Also active at: NOVA AIR, J & S CONCEPTS, HSJ, COMFYCOOL

since 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Industrieterrein Kanaal-Noord 1434

3960 Bree

2.343.566.223

Helststraat 49 box 4

2630 Aartselaar

Active since 1 February 2023

2.383.424.711

Grote Baan 43

3560 Lummen

Active since 5 January 2026

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

Details

Company number
0694.780.019
VAT number
BE 0694.780.019
Registered office
Industrieterrein Kanaal-Noord 1434, 3960 Bree
Names & denominations
FAVOR COOL
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
16 April 2018
Peppol
Active · Active since 21 Oct 2026
Activities · NACE

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Frequently asked questions

What does FAVOR COOL do?
FAVOR COOL is a heating and ventilation installer in Bree. Private Limited, started on 16 April 2018, 3 establishments.
What is the address of FAVOR COOL?
The registered office of FAVOR COOL is located at Industrieterrein Kanaal-Noord 1434, 3960 Bree.
Is FAVOR COOL still active?
Yes. According to the CBE (31 October 2026) FAVOR COOL is active, legal situation “Normale toestand”, started on 16 April 2018.
Is FAVOR COOL registered on Peppol?
Yes, FAVOR COOL is registered on the Peppol network with ID 0208:0694780019.
What is the enterprise number of FAVOR COOL?
The enterprise number of FAVOR COOL is BE0694780019.
When was FAVOR COOL founded?
FAVOR COOL was founded on 16 April 2018.