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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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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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 2025
Famcor from Bredene, company number BE0838534712, closed financial year 2025 with a result of € -21,102 after tax. For that financial year Famcor recorded a gross margin of € 316,839 and equity of € 769,349. Compared with financial year 2024, the result moved from € 98,573 to € -21,102. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 769,349
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,102
▼ still € 98,573 profit in 2024
Profit after tax over the fiscal year.
€ 15,329
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 644,349.
Debts at end 2025
€ 2.3 million
▲ 126% vs 2024
€ 204,632 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 2,054
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 215,932 | € 276,167 | € 286,774 | € 316,839 | ▲ 10% |
| Profit after taxes | € 39,884 | € 101,242 | € 98,573 | € -21,102 | ▼ € 119,675 |
| Equity | € 593,836 | € 693,478 | € 790,451 | € 769,349 | ▼ 3% |
| Total debts | € 1,996,443 | € 1,865,251 | € 1,781,610 | € 4,171,761 | ▲ 134% |
| Cash | € 28,862 | € 61,066 | € 156,576 | € 15,329 | ▼ 90% |
| Land & buildings | € 2,508,834 | € 2,455,529 | € 2,392,819 | € 4,906,328 | ▲ 105% |
| Retained profit | € 468,836 | € 568,478 | € 665,451 | € 644,349 | ▼ 3% |
| Dividend | € 1,600 | € 1,600 | € 1,600 | € 0 | ▼ 100% |
| Bank debt | € 1,325,644 | € 1,166,011 | € 1,006,380 | € 2,277,163 | ▲ 126% |
| Balance sheet total | € 2,590,279 | € 2,558,729 | € 2,572,061 | € 4,941,110 | ▲ 92% |
Key figures of Famcor, 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 Famcor?
What happened at Famcor in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 21,102 (▼ € 119,675 vs 2024). filed late Source: NBB ↗
- Danny CORNETTE became a director. NBB
- New establishment in Bredene. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,884 profit in 2022 to € 21,102 loss in 2025.
Paid € 111,980 in corporate taxes since 2022.
Best year ever: 2023, with € 101,242 profit.
Paid out € 4,800 in dividends to the owners in total.
Management
Behind Famcor is Danny CORNETTE. Danny CORNETTE is also behind WERVO and DAMACHRISTINE.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Kapelstraat 27
8450 Bredene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0838.534.712
- VAT number
- BE 0838.534.712
- Registered office
- Kapelstraat 27, 8450 Bredene
- Names & denominations
- Famcor
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 August 2011
- Peppol
- Not registered