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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
Bart Favoreel from Antwerpen, company number BE0806709111, closed financial year 2024 with a result of € 6,477 after tax. For that financial year Bart Favoreel recorded a gross margin of € 32,467 and equity of € -40,017. Compared with financial year 2023, the result moved from € 1,892 to € 6,477. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 8, 2025.
€ -40,017
▲ € 6,477 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,477
▲ 242% vs 2023
Profit after tax over the fiscal year.
€ 3,412
▲ 50% 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 € -70,017.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 456
▼ 61% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 192,382
▼ 6% vs 2023
€ 19,444 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 2,604
Supplier invoices still open on the last day of the fiscal year.
€ 10,427
▲ 116% 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 | € 14,126 | € 37,370 | € 32,135 | € 32,467 | ▲ 1% |
| Profit after taxes | € -18,429 | € 160 | € 1,892 | € 6,477 | ▲ 242% |
| Equity | € -48,545 | € -48,385 | € -46,493 | € -40,017 | ▲ € 6,477 |
| Total debts | € 287,084 | € 253,164 | € 226,795 | € 205,412 | ▼ 9% |
| Cash | € 5,781 | € 1,046 | € 2,274 | € 3,412 | ▲ 50% |
| Land & buildings | € 165,598 | € 146,593 | € 130,371 | € 110,726 | ▼ 15% |
| Retained profit | € -78,545 | € -78,385 | € -76,493 | € -70,017 | ▲ € 6,477 |
| Bank debt | € 243,479 | € 225,143 | € 204,563 | € 192,382 | ▼ 6% |
| Balance sheet total | € 238,539 | € 204,779 | € 180,301 | € 165,395 | ▼ 8% |
Key figures of Bart Favoreel, 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 Bart Favoreel?
What happened at Bart Favoreel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 6,477 (▲ 242% vs 2023). filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,429 loss in 2021 to € 6,477 profit in 2024.
Paid € 120 in corporate taxes since 2021.
Best year ever: 2024, with € 6,477 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
Directors
According to the 2024 annual accounts
Bart Favoreel
Director
Establishments
Establishment units
Physical locations of this company
Sint-Andriesplaats 10
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0806.709.111
- VAT number
- BE 0806.709.111
- Registered office
- Sint-Andriesplaats 10, 2000 Antwerpen
- Names & denominations
- Bart Favoreel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 2008
- Peppol
- Not registered
- Activities · NACE
Activiteiten van bouwarchitecten