NORMAL SITUATION

Fav en Co

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Financial year 2023 · closed on 31/12/2023

Net result

267,4 k €

+6.3% YoY

Gross margin

814,9 k €

-18.5% YoY

Equity

375,2 k €

-55.2% YoY

Workforce

5,1 ETP

-28.2% YoY

Company — Normal situation.

What does Fav en Co do?

Fav en Co is a company registered in Belgium. It employs on average 5,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0463.292.388

Legal form

Public limited company

Contributed capital

61 973,38 €

Latest accounts

31/12/2023

Average workforce

5,1 ETP

Joint committees (1)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	814,9 k €	-18.5%	999,6 k €	-18.8%	1,2 M €	+19.0%	1 M €	+9.0%	948,9 k €	+11.8%	848,8 k €	+3.8%	817,7 k €	+9.5%	747 k €	-6.1%	795,4 k €	+2.9%	772,7 k €	+4.7%	737,8 k €	-4.3%	770,9 k €	-2.8%	792,8 k €	+7.0%	740,8 k €	-5.9%	787,5 k €	+17.2%	672 k €	+25.4%	535,9 k €	+126%	237,2 k €
EBITDA	332,4 k €	-9.3%	366,5 k €	-32.1%	539,9 k €	+65.1%	327,1 k €	+34.0%	244,1 k €	+57.6%	154,9 k €	-31.0%	224,4 k €	+33.7%	167,8 k €	-18.8%	206,6 k €	-11.0%	232,2 k €	+5.7%	219,8 k €	-2.0%	224,4 k €	-1.6%	228 k €	+18.3%	192,8 k €	-38.1%	311,6 k €	+39.9%	222,8 k €	+998%	20,3 k €	+111%	-185,4 k €
Operating result	301,8 k €	-10.4%	336,6 k €	-34.3%	512,5 k €	+70.8%	300 k €	+38.8%	216,1 k €	+147%	87,6 k €	-43.8%	155,8 k €	+57.2%	99,1 k €	-25.6%	133,2 k €	-3.2%	137,6 k €	+6.9%	128,7 k €	+0.7%	127,8 k €	-5.9%	135,9 k €	+28.6%	105,6 k €	-55.4%	236,7 k €	+21.9%	194,2 k €	+4358%	-4,6 k €	+97.9%	-217,5 k €
Net result	267,4 k €	+6.3%	251,5 k €	-33.3%	377,2 k €	+75.8%	214,5 k €	+53.5%	139,7 k €	+246%	40,4 k €	-57.1%	94,2 k €	+53.0%	61,6 k €	-30.3%	88,4 k €	-10.8%	99,1 k €	-1.5%	100,6 k €	+6.7%	94,3 k €	-7.4%	101,7 k €	+37.6%	73,9 k €	-56.3%	169,3 k €	+2.1%	165,8 k €	+720%	20,2 k €	+110%	-204,9 k €
Balance sheet
Equity	375,2 k €	-55.2%	837,8 k €	+42.9%	586,4 k €	+180%	209,2 k €	0.0%	209,2 k €	+23.5%	169,4 k €	+0.2%	169 k €	+0.1%	168,8 k €	+0.0%	168,8 k €	-84.2%	1,1 M €	+9.3%	977,3 k €	+10.5%	884,7 k €	+10.8%	798,5 k €	+13.3%	704,7 k €	+10.3%	638,8 k €	+33.8%	477,5 k €	+49.3%	319,7 k €	+6.7%	299,5 k €
Total assets	5,2 M €	+5.5%	4,9 M €	+221%	1,5 M €	-13.9%	1,8 M €	+9.4%	1,6 M €	+3.9%	1,6 M €	+10.1%	1,4 M €	+26.0%	1,1 M €	-64.1%	3,1 M €	+51.6%	2,1 M €	+11.2%	1,9 M €	-3.0%	1,9 M €	+18.2%	1,6 M €	+2.7%	1,6 M €	+6.3%	1,5 M €	+1.3%	1,5 M €	-9.0%	1,6 M €	-9.8%	1,8 M €
Cash	3 k €	-99.8%	1,3 M €	+22.5%	1,1 M €	-7.0%	1,2 M €	+8.7%	1,1 M €	-13.4%	1,3 M €	+36.9%	915 k €	+28.3%	713,1 k €	-57.4%	1,7 M €	+9.0%	1,5 M €	+18.3%	1,3 M €	+27.8%	1 M €	+16.6%	869,9 k €	+21.2%	717,7 k €	+48.5%	483,1 k €	+176%	175,2 k €	-75.5%	715,7 k €	-14.8%	839,8 k €
Debts	2,1 M €	+40.4%	1,5 M €	+59.4%	916 k €	-41.1%	1,6 M €	+12.1%	1,4 M €	+14.0%	1,2 M €	-0.2%	1,2 M €	+33.6%	913,6 k €	-40.1%	1,5 M €	+54.0%	990,8 k €	+36.8%	724,2 k €	-30.1%	1 M €	+25.9%	822,6 k €	-6.5%	879,5 k €	+15.3%	763,1 k €	+38.7%	550 k €	-56.2%	1,3 M €	-6.3%	1,3 M €
Other
Workforce	5,1 ETP	-28.2%	7,1 ETP	-22.8%	9,2 ETP	-9.8%	10,2 ETP	+8.5%	9,4 ETP	-8.7%	10,3 ETP	+5.1%	9,8 ETP	+8.9%	9,0 ETP	-13.5%	10,4 ETP	+11.8%	9,3 ETP	+5.7%	8,8 ETP	-1.1%	8,9 ETP	+9.9%	8,1 ETP	-2.4%	8,3 ETP	+10.7%	7,5 ETP	+7.1%	7,0 ETP	0.0%	7,0 ETP	0.0%	7,0 ETP

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 11 ended

Active mandates

Hillewaere Holding

Director · since 21 mars 2022 · until 21 mars 2028 · 0843.053.427

Represented by Roel DRUYTS

Active

Bernard Favere

Director · since 26 juin 2004 · until 21 septembre 2027

Active

Ended mandates

Bernard Favere

Managing director · since 21 mai 2022 · until 21 mai 2028

Ended

Hillewaere Holding

Vast vertegenwoordiger rechtspersoon · since 21 mars 2022 · until 21 mars 2028 · 0843.053.427

Represented by Roel Druyts

Ended

Cathy Baeyens

Director · since 17 août 2007 · until 16 août 2013

Ended

Cathy Baeyens

Director · since 17 août 2007 · until 16 août 2016

Ended

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/06/2024	29/09/2023	29/07/2022	25/08/2021	28/09/2020	28/08/2019
General meeting	25/06/2024	21/09/2023	30/06/2022	30/06/2021	10/09/2020	21/05/2019
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

25 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2023	25/06/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	21/09/2023	29/09/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	25/08/2021	Dutch	PDF
Abridged model	31/12/2019	10/09/2020	28/09/2020	Dutch	PDF
Abridged model	31/12/2018	21/05/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	15/05/2018	13/08/2018	Dutch	PDF
Abridged model	31/12/2016	16/05/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	12/08/2016	Dutch	PDF
Abridged model	31/12/2014	19/05/2015	23/07/2015	Dutch	PDF
Abridged model	31/12/2013	20/05/2014	12/06/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	09/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/05/2012	09/07/2012	Dutch	PDF
Abridged model	31/12/2010	17/05/2011	14/07/2011	Dutch	PDF
Abridged model	31/12/2009	18/05/2010	14/07/2010	Dutch	PDF
Abridged model	31/12/2008	19/05/2009	01/07/2009	Dutch	PDF
Abridged model	31/12/2007	20/05/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	17/08/2007	22/08/2007	Dutch	PDF
Abridged model	31/12/2005	18/05/2006	09/08/2006	Dutch	PDF
Abridged model	31/12/2004	30/06/2005	19/07/2005	Dutch	PDF
Abridged model	31/12/2003	26/06/2004	19/07/2004	Dutch	PDF
Abridged model	31/12/2002	19/06/2003	24/06/2003	Dutch	PDF
Abridged model	31/12/2001	21/05/2002	05/09/2002	Dutch	PDF
Abridged model	31/12/2000	19/06/2001	27/06/2001	Dutch	PDF

View all 25 filings

Estimate

Indicative valuation

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 31/12/2023 · 2 active · 11 ended

Active mandates

Hillewaere Holding

Director · since 21 mars 2022 · until 21 mars 2028 · 0843.053.427

Represented by Roel DRUYTS

Active

Bernard Favere

Director · since 26 juin 2004 · until 21 septembre 2027

Active

Ended mandates

Bernard Favere

Managing director · since 21 mai 2022 · until 21 mai 2028

Ended

Hillewaere Holding

Vast vertegenwoordiger rechtspersoon · since 21 mars 2022 · until 21 mars 2028 · 0843.053.427

Represented by Roel Druyts

Ended

Cathy Baeyens

Director · since 17 août 2007 · until 16 août 2013

Ended

Cathy Baeyens

Director · since 17 août 2007 · until 16 août 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution11/09/2024
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/05/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates18/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/04/2022
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
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

2023
Annual accounts 2023267,4 k €↑
2022
Annual accounts 2022251,5 k €↓
2022
Name changeFav en Co
2021
Annual accounts 2021377,2 k €↑
2021
Name changeFAV & CO
2020
Annual accounts 2020214,5 k €↑
2019
Annual accounts 2019139,7 k €↑
2018
Annual accounts 201840,4 k €↓
2017
Annual accounts 201794,2 k €↑
2016
Annual accounts 201661,6 k €↓
2015
Annual accounts 201588,4 k €↓
2014
Annual accounts 201499,1 k €↓
2013
Annual accounts 2013100,6 k €↑
2012
Annual accounts 201294,3 k €↓
2011
Annual accounts 2011101,7 k €↑
2010
Annual accounts 201073,9 k €↓
2009
Annual accounts 2009169,3 k €↑
2008
Annual accounts 2008165,8 k €↑
2007
Annual accounts 200720,2 k €↑
2006
Annual accounts 2006-204,9 k €

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

Fav en Co

Overview

What does Fav en Co do?

Trend over 18 financial years

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