ACTIVE

FAVOURITE

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Financial year 2024 · closed on 31/12/2024

Net result

86,5 k €

-62.7% YoY

Gross margin

265,8 k €

-42.9% YoY

Equity

2,5 M €

+3.6% YoY

What does FAVOURITE do?

FAVOURITE is a Public limited company incorporated in 1993. Its registered office is in Zedelgem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.629.327

Incorporation

10/12/1993

Legal form

Public limited company

Registered office

Abdijhoek 32
8210 Zedelgem · FlandreSee on map

Contributed capital

142 496,76 €

Latest accounts

31/12/2024

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	265,8 k €	-42.9%	465,7 k €	-5.6%	493,3 k €	+77.0%	278,7 k €	-14.3%	325,2 k €	-17.4%	393,8 k €	+34.0%	293,9 k €	+6.3%	276,6 k €	+17.1%	236,1 k €	+20.8%	195,5 k €	-2.9%	201,3 k €	+27.1%	158,4 k €	-7.5%	171,2 k €	+10.4%	155,1 k €	-5.7%	164,5 k €	-18.9%	202,8 k €	+53.6%	132 k €	+73.0%	76,3 k €
EBITDA	244,3 k €	-44.9%	443,2 k €	-6.4%	473,4 k €	+82.6%	259,2 k €	-15.1%	305,5 k €	-18.2%	373,5 k €	+32.1%	282,8 k €	+6.5%	265,4 k €	+17.9%	225,1 k €	+22.3%	184,1 k €	-1.9%	187,6 k €	+26.5%	148,3 k €	-8.3%	161,8 k €	+9.7%	147,5 k €	-5.7%	156,4 k €	-19.4%	194,1 k €	+98.4%	97,8 k €	+50.2%	65,1 k €
Operating result	129,2 k €	-62.3%	342,7 k €	-2.4%	351 k €	+160%	135,2 k €	-12.0%	153,7 k €	+39.0%	110,6 k €	-49.1%	217,3 k €	+16.8%	186,1 k €	+27.0%	146,5 k €	+35.0%	108,6 k €	+7.5%	101 k €	+47.2%	68,6 k €	-18.2%	83,9 k €	-27.2%	115,2 k €	-7.2%	124,1 k €	-22.2%	159,6 k €	+145%	65,2 k €	+51.5%	43 k €
Net result	86,5 k €	-62.7%	231,9 k €	-5.6%	245,7 k €	+243%	71,6 k €	-10.4%	79,9 k €	+73.4%	46,1 k €	-62.9%	124,1 k €	+14.5%	108,3 k €	+47.9%	73,3 k €	+4.3%	70,3 k €	+15.7%	60,7 k €	+72.4%	35,2 k €	-44.0%	63 k €	-25.8%	84,9 k €	-4.6%	89 k €	-12.6%	101,8 k €	+16.3%	87,6 k €	+262%	24,2 k €
Balance sheet
Equity	2,5 M €	+3.6%	2,4 M €	-1.3%	2,5 M €	+11.1%	2,2 M €	+3.3%	2,1 M €	+3.9%	2,1 M €	+36.8%	1,5 M €	+9.0%	1,4 M €	+8.5%	1,3 M €	+6.1%	1,2 M €	+6.2%	1,1 M €	+5.7%	1,1 M €	+3.4%	1 M €	+6.4%	969,4 k €	+9.6%	884,5 k €	+11.2%	795,6 k €	+14.7%	693,7 k €	+14.4%	606,2 k €
Total assets	3,3 M €	-8.0%	3,6 M €	-0.4%	3,6 M €	+0.2%	3,6 M €	-6.5%	3,8 M €	-4.2%	4 M €	+104%	2 M €	+1.7%	1,9 M €	-1.0%	2 M €	-0.7%	2 M €	-0.2%	2 M €	-2.6%	2 M €	-0.9%	2 M €	+66.6%	1,2 M €	+5.4%	1,2 M €	+4.7%	1,1 M €	-3.9%	1,2 M €	+17.7%	980,6 k €
Cash	91,1 k €	-89.6%	876,8 k €	+215%	278 k €	+73.2%	160,5 k €	-46.3%	299,1 k €	+2038%	14 k €	-92.3%	182,6 k €	+66.6%	109,6 k €	+67.3%	65,5 k €	+560%	9,9 k €	-85.3%	67,6 k €	-55.8%	152,9 k €	-9.7%	169,5 k €	+2.3%	165,6 k €	+134%	70,6 k €	+2665%	2,6 k €	-93.6%	39,8 k €	-58.6%	96,1 k €
Debts	708,9 k €	-36.6%	1,1 M €	+1.7%	1,1 M €	-19.9%	1,4 M €	-19.1%	1,7 M €	-12.1%	1,9 M €	+319%	461,4 k €	-16.4%	551,7 k €	-18.6%	677,8 k €	-11.5%	766,2 k €	-8.5%	837,7 k €	-7.0%	900,9 k €	-6.1%	959,5 k €	+361%	208,1 k €	-9.6%	230,2 k €	-26.6%	313,7 k €	-31.8%	459,9 k €	+23.3%	372,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 10 ended

Active mandates

Paul LAUWERS

Director

Active

Zainulabdeen ALAWADI

Director

Active

Ended mandates

Paul Lauwers

Director · since 04 juin 2023 · until 03 juin 2029

Ended

Zainulabdeen Alawadi

Director · since 04 juin 2023 · until 03 juin 2029

Ended

Paul Lauwers

Managing director · since 04 juin 2017 · until 04 juin 2023

Ended

Sven Bollansée

Director · since 04 juin 2017 · until 04 juin 2023

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/09/2025	31/07/2024	29/09/2023	29/08/2022	30/07/2021	25/09/2020
General meeting	01/06/2025	02/06/2024	04/06/2023	05/06/2022	06/06/2021	07/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	01/06/2025	24/09/2025	Dutch	PDF
Micro model	31/12/2023	02/06/2024	31/07/2024	Dutch	PDF
Micro model	31/12/2022	04/06/2023	29/09/2023	Dutch	PDF
Micro model	31/12/2021	05/06/2022	29/08/2022	Dutch	PDF
Micro model	31/12/2020	06/06/2021	30/07/2021	Dutch	PDF
Micro model	31/12/2019	07/06/2020	25/09/2020	Dutch	PDF
Micro model	31/12/2018	02/06/2019	21/08/2019	Dutch	PDF
Micro model	31/12/2017	03/06/2018	13/06/2018	Dutch	PDF
Micro model	31/12/2016	04/06/2017	06/06/2017	Dutch	PDF
Abridged model	31/12/2015	05/06/2016	14/07/2016	Dutch	PDF
Abridged model	31/12/2014	07/06/2015	01/07/2015	Dutch	PDF
Abridged model	31/12/2013	01/06/2014	28/07/2014	Dutch	PDF
Abridged model	31/12/2012	02/06/2013	13/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	11/07/2012	Dutch	PDF
Abridged model	31/12/2010	05/06/2011	05/08/2011	Dutch	PDF
Abridged model	31/12/2009	06/06/2010	27/07/2010	Dutch	PDF
Abridged model	31/12/2008	07/06/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	01/06/2008	05/07/2008	Dutch	PDF
Abridged model	31/12/2006	03/06/2007	23/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 10 ended

Active mandates

Paul LAUWERS

Director

Active

Zainulabdeen ALAWADI

Director

Active

Ended mandates

Paul Lauwers

Director · since 04 juin 2023 · until 03 juin 2029

Ended

Zainulabdeen Alawadi

Director · since 04 juin 2023 · until 03 juin 2029

Ended

Paul Lauwers

Managing director · since 04 juin 2017 · until 04 juin 2023

Ended

Sven Bollansée

Director · since 04 juin 2017 · until 04 juin 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/10/2025
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring13/11/2018
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring24/08/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates19/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/09/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/01/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/02/2009
MAATSCHAPPELIJKE ZETEL
PDF
Mandates07/07/2005
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 202486,5 k €↓
2023
Annual accounts 2023231,9 k €↓
2022
Annual accounts 2022245,7 k €↑
2021
Annual accounts 202171,6 k €↓
2020
Annual accounts 202079,9 k €↑
2019
Annual accounts 201946,1 k €↓
2017
Annual accounts 2017124,1 k €↑
2016
Annual accounts 2016108,3 k €↑
2015
Annual accounts 201573,3 k €↑
2014
Annual accounts 201470,3 k €↑
2013
Annual accounts 201360,7 k €↑
2012
Annual accounts 201235,2 k €↓
2011
Annual accounts 201163 k €↓
2010
Annual accounts 201084,9 k €↓
2009
Annual accounts 200989 k €↓
2008
Annual accounts 2008101,8 k €↑
2007
Annual accounts 200787,6 k €↑
2006
Annual accounts 200624,2 k €
10/12/1993
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FAVOURITE

Overview

What does FAVOURITE do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline