Financials
Financial year 2024
FAVAL from Ieper, company number BE0832562876, closed financial year 2024 with a result of € 552 after tax. Compared with financial year 2023, the result moved from € 441 to € 552. 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 August 28, 2025.
€ 36.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 552
▲ 25% vs 2023
Profit after tax over the fiscal year.
€ 40,425
▲ 252% 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 € 6.7 million.
People and assets in 2024
€ 10,058
▼ 23% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.5 million
Loans from banks and other lenders, long and short.
€ 10,330
▼ 83% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 259 days on average.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Profit after taxes | € 4,022 | € 2,133 | € 441 | € 552 | ▲ 25% |
| Equity | € 36,107,918 | € 36,110,051 | € 36,110,492 | € 36,111,044 | |
| Total debts | € 1,441,465 | € 5,883,991 | € 2,442,646 | € 2,498,980 | ▲ 2% |
| Cash | € 217,812 | € 3,501,766 | € 11,470 | € 40,425 | ▲ 252% |
| Land & buildings | € 1,516,578 | € 1,500,056 | € 1,483,533 | € 1,440,316 | ▼ 3% |
| Retained profit | € 6,660,818 | € 6,662,951 | € 6,663,392 | € 6,663,944 | |
| Bank debt | € 1,437,500 | € 1,456,960 | € 1,463,177 | € 1,469,998 | |
| Balance sheet total | € 37,549,383 | € 41,994,043 | € 38,553,138 | € 38,610,024 |
Key figures of FAVAL, 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 FAVAL?
What happened at FAVAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 552 (▲ 25% vs 2023). filed late Source: NBB ↗
- Carlos Valcke became a director. NBB
- Charles Valcke became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,022 profit in 2021 to € 552 profit in 2024.
Paid € 147 in corporate taxes since 2021.
Best year ever: 2021, with € 4,022 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 FAVAL are Carlos Valcke and Charles Valcke. It owns 100% of Valimmo France, 99.5% of Valcke Prefab Beton NV and 99.3% of Traconord itself.
Directors
According to the 2024 annual accounts
Carlos Valcke
Director
Also active at: Immobilière en Bouwmaatschappij van de Westhoek, SEM, VALCKE PREFAB BETON
since 2023
Charles Valcke
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Rodenbachstraat 72
8908 Ieper
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
- 0832.562.876
- VAT number
- BE 0832.562.876
- Registered office
- Rodenbachstraat 72, 8908 Ieper
- Names & denominations
- FAVAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 2011
- Peppol
- Active · Active since 20 Jan 2026