What does FANARAF do?

FANARAF is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”. Also registered: management company, consultancy, property trader. Private Limited, started on 23 March 2006, 1 establishment.

What is the address of FANARAF?

The registered office of FANARAF is located at Vrebosstraat 24, 3078 Kortenberg.

Is FANARAF still active?

Yes. According to the CBE (15 November 2026) FANARAF is active, legal situation “Normale toestand”, started on 23 March 2006.

Is FANARAF registered on Peppol?

Yes, FANARAF is registered on the Peppol network with ID 0208:0880190272.

What is the enterprise number of FANARAF?

The enterprise number of FANARAF is BE0880190272.

When was FANARAF founded?

FANARAF was founded on 23 March 2006.

Who are the directors of FANARAF?

According to the 2026 annual accounts, the directors of FANARAF are: Raffaël Minchella, Nathalie Van Straelen.

Is FANARAF a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 March 2006; 5 annual accounts filed, latest fiscal year 2026; 2 directors known from the annual account; 1 events from the Belgian Official Gazette processed.

How much profit did FANARAF make in 2026?

FANARAF posted a profit after taxes of € 140,499 in financial year 2026.

What is the revenue of FANARAF?

As a small company, FANARAF is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 300,853.

How much does an employee at FANARAF earn?

The average wage cost per full-time employee at FANARAF was € 40,400 in 2024: staff costs of € 56,555 for 1.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FANARAF have?

According to the 2026 annual accounts, FANARAF has 0 full-time equivalents (FTE).

FANARAF (Private Limited) - Kortenberg - BE0880190272

Dossier FANARAF, printed on 15 November 2026 from databakkes.be/en/0880190272/fanaraf. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2026

FANARAF from Kortenberg, company number BE0880190272, closed financial year 2026 with a result of € 140,499 after tax. For that financial year FANARAF recorded a gross margin of € 300,853 and equity of € 1.9 million. Compared with financial year 2025, the result moved from € 269,893 to € 140,499. The company is profitable. 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 October 29, 2026.

What it is worth Growing

€ 1.9 million

▲ 5% vs 2025

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

Profit Healthy

€ 140,499

▼ 48% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 543,645

▲ 131% vs 2025

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

Where the profit goes Pays out

€ 42,857 paid out

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

People and assets in 2026

Full-time equivalents

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

Vehicles and equipment

€ 11,571

▲ 18% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt ≈ 14 years to go

€ 1.9 million

▼ 6% vs 2025

€ 137,059 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.

Owed to suppliers

€ 18,077

▲ 53% vs 2025

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

Taxes and wages

€ 62,183

▲ 102% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 295,317 Gross margin 2023: € 295,317 First fiscal year in the series	€ 225,581 Gross margin 2024: € 225,581 ▼ 24% vs 2023 (€ 295,317) Unfavourable step	€ 334,761 Gross margin 2025: € 334,761 ▲ 48% vs 2024 (€ 225,581) Favourable step	€ 300,853 Gross margin 2026: € 300,853 ▼ 10% vs 2025 (€ 334,761) Unfavourable step	▼ 10%
Profit after taxes	€ 86,020 Profit after taxes 2023: € 86,020 First fiscal year in the series	€ 82,179 Profit after taxes 2024: € 82,179 ▼ 4% vs 2023 (€ 86,020) Unfavourable step	€ 269,893 Profit after taxes 2025: € 269,893 ▲ 228% vs 2024 (€ 82,179) Favourable step	€ 140,499 Profit after taxes 2026: € 140,499 ▼ 48% vs 2025 (€ 269,893) Unfavourable step	▼ 48%
Equity	€ 1,446,653 Equity 2023: € 1,446,653 First fiscal year in the series	€ 1,528,832 Equity 2024: € 1,528,832 ▲ 6% vs 2023 (€ 1,446,653) Favourable step	€ 1,783,725 Equity 2025: € 1,783,725 ▲ 17% vs 2024 (€ 1,528,832) Favourable step	€ 1,881,368 Equity 2026: € 1,881,368 ▲ 5% vs 2025 (€ 1,783,725) Favourable step	▲ 5%
Total debts	€ 2,336,621 Total debts 2023: € 2,336,621 First fiscal year in the series	€ 2,195,409 Total debts 2024: € 2,195,409 ▼ 6% vs 2023 (€ 2,336,621) Favourable step	€ 2,070,584 Total debts 2025: € 2,070,584 ▼ 6% vs 2024 (€ 2,195,409) Favourable step	€ 2,191,822 Total debts 2026: € 2,191,822 ▲ 6% vs 2025 (€ 2,070,584) Unfavourable step	▲ 6%
Cash	€ 69,406 Cash 2023: € 69,406 First fiscal year in the series	€ 1,066,564 Cash 2024: € 1,066,564 ▲ € 997,158 vs 2023 (€ 69,406) Favourable step	€ 235,754 Cash 2025: € 235,754 ▼ 78% vs 2024 (€ 1,066,564) Unfavourable step	€ 543,645 Cash 2026: € 543,645 ▲ 131% vs 2025 (€ 235,754) Favourable step	▲ 131%
Land & buildings	€ 1,583,436 Land & buildings 2023: € 1,583,436 First fiscal year in the series	€ 1,544,436 Land & buildings 2024: € 1,544,436 ▼ 2% vs 2023 (€ 1,583,436) Unchanged	€ 1,505,436 Land & buildings 2025: € 1,505,436 ▼ 3% vs 2024 (€ 1,544,436) Unchanged	€ 1,466,436 Land & buildings 2026: € 1,466,436 ▼ 3% vs 2025 (€ 1,505,436) Unchanged	▼ 3%
Retained profit	€ 128,053 Retained profit 2023: € 128,053 First fiscal year in the series	€ 210,232 Retained profit 2024: € 210,232 ▲ 64% vs 2023 (€ 128,053) Favourable step	€ 465,125 Retained profit 2025: € 465,125 ▲ 121% vs 2024 (€ 210,232) Favourable step	€ 562,768 Retained profit 2026: € 562,768 ▲ 21% vs 2025 (€ 465,125) Favourable step	▲ 21%
Dividend	€ 0 Dividend 2023: € 0 First fiscal year in the series	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 15,000 Dividend 2025: € 15,000 Unchanged (€ 0) Unchanged	€ 42,857 Dividend 2026: € 42,857 ▲ 186% vs 2025 (€ 15,000) Unchanged	▲ 186%
Bank debt	€ 2,126,930 Bank debt 2023: € 2,126,930 First fiscal year in the series	€ 2,124,963 Bank debt 2024: € 2,124,963 Unchanged (€ 2,126,930) Favourable step	€ 2,001,020 Bank debt 2025: € 2,001,020 ▼ 6% vs 2024 (€ 2,124,963) Favourable step	€ 1,876,479 Bank debt 2026: € 1,876,479 ▼ 6% vs 2025 (€ 2,001,020) Favourable step	▼ 6%
Balance sheet total	€ 3,783,274 Balance sheet total 2023: € 3,783,274 First fiscal year in the series	€ 3,724,241 Balance sheet total 2024: € 3,724,241 ▼ 2% vs 2023 (€ 3,783,274) Unchanged	€ 3,854,310 Balance sheet total 2025: € 3,854,310 ▲ 3% vs 2024 (€ 3,724,241) Unchanged	€ 4,073,189 Balance sheet total 2026: € 4,073,189 ▲ 6% vs 2025 (€ 3,854,310) Unchanged	▲ 6%
Employees (FTE)	1.4 Employees (FTE) 2023: 1.4 First fiscal year in the series	1.4 Employees (FTE) 2024: 1.4 Unchanged (1.4) Unchanged	0 Employees (FTE) 2025: 0 ▼ 1.4 vs 2024 (1.4) Unchanged	0 Employees (FTE) 2026: 0 Unchanged (0) Unchanged

Key figures of FANARAF, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

Ask about FANARAF the way you would ask their accountant.

Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.

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What happened to FANARAF?

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

Oct 29, 2026 New annual accounts for financial year 2026: profit of € 140,499 (▼ 48% vs 2025). Source: NBB ↗
Apr 4, 2006 Incorporation, published in the Gazette. Source: Staatsblad ↗
Apr 1, 2006 New establishment in Kortenberg. KBO

In short

From € 86,020 profit in 2023 to € 140,499 profit in 2026.

Paid € 80,242 in corporate taxes since 2023.

Best year ever: 2025, with € 269,893 profit.

On average € 161,100 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Raffaël Minchella

Nathalie Van Straelen

FANARAF

RVM Team 100%

Matteam 100%

MVS Team 100%

Behind FANARAF are Raffaël Minchella and Nathalie Van Straelen. It owns 100% of RVM Team, 100% of Matteam and 100% of MVS Team itself.

Directors

According to the 2026 annual accounts

Raffaël Minchella

Director

Also active at: RVM Team

Nathalie Van Straelen

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Vrebosstraat 24

3078 Kortenberg

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

Shareholders according to the Official Gazette deeds

Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.

Incorporation

4 April 2006 Source: Deed ↗

MINCHELLA Fabrizio Jean Pierre(oprichter) 100%

Details

Company number

0880.190.272

VAT number

BE 0880.190.272

Registered office

Vrebosstraat 24, 3078 Kortenberg

Names & denominations

FANARAF

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

23 March 2006

Peppol

Active · Active since 15 Oct 2025

Activities · NACE

Overige zakelijke dienstverlening, neg

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Activiteiten van hoofdkantoren

Handel in eigen onroerend goed

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

FANARAF

Financials

Ask about FANARAF the way you would ask their accountant.

What happened to FANARAF?

Management

Directors

Establishments

Establishment units

Shareholders according to the Official Gazette deeds

Details

Frequently asked questions