Financials
Financial year 2025
GAFAR from Gent, company number BE0889502866, closed financial year 2025 with a result of € 4,223 after tax. For that financial year GAFAR recorded revenue of € 17,836 and equity of € 39,617. Compared with financial year 2024, the result moved from € -11,135 to € 4,223. 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 4, 2026.
€ 39,617
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,223
▲ still € 11,135 loss in 2024
Profit after tax over the fiscal year.
€ 3,951
▲ € 3,835 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 27,817.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,952
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,773
▼ 20% vs 2024
Loans from banks and other lenders, long and short.
€ 4
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 13,811 | € 14,354 | € 17,836 | ▲ 24% |
| Gross margin | € 1,816 | € -2,440 | € -3,503 | € 10,276 | ▲ € 13,779 |
| Profit after taxes | € -2,996 | € -10,500 | € -11,135 | € 4,223 | ▲ € 15,358 |
| Equity | € 57,029 | € 46,529 | € 35,394 | € 39,617 | ▲ 12% |
| Total debts | € 32,275 | € 18,790 | € 9,230 | € 6,777 | ▼ 27% |
| Cash | € 3,870 | € 1,078 | € 116 | € 3,951 | ▲ € 3,835 |
| Retained profit | € 45,229 | € 34,729 | € 23,594 | € 27,817 | ▲ 18% |
| Bank debt | € 27,210 | € 14,316 | € 8,509 | € 6,773 | ▼ 20% |
| Balance sheet total | € 89,303 | € 65,318 | € 44,624 | € 46,394 | ▲ 4% |
Key figures of GAFAR, 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 GAFAR?
What happened at GAFAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,223. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,996 loss in 2022 to € 4,223 profit in 2025.
Paid € 320 in corporate taxes since 2022.
Best year ever: 2025, with € 4,223 profit.
Management
Behind GAFAR is ELMAS EMIRVELIOGLU.
Directors
According to the 2025 annual accounts
ELMAS EMIRVELIOGLU
Bedrijfsleider
Establishments
Establishment units
Physical locations of this company
Jozef Van Crombrugghestraat 10
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0889.502.866
- VAT number
- BE 0889.502.866
- Registered office
- Jozef Van Crombrugghestraat 10, 9000 Gent
- Names & denominations
- GAFAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 May 2007
- Peppol
- Active · Active since 10 Oct 2025
- Activities · NACE
Detailhandel in dranken, algemeen assortiment
Groothandel in koffie, thee, cacao en specerijen
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Detailhandel in wijnen en geestrijke dranken
Overige zakelijke dienstverlening, neg
Diverse administratieve activiteiten ten behoeve van kantoren