ACTIVE

FUGAVE

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Financial year 2025 · closed on 31/12/2025
Net result
27,8 k €
-80.0% YoY
Gross margin
338 k €
-17.1% YoY
Equity
197,4 k €
+16.4% YoY

What does FUGAVE do?

FUGAVE is a Private limited company incorporated in 2018. Its main activity is: Development of building projects. Its registered office is in Kortrijk.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0694.696.182
Incorporation
12/04/2018
Legal form
Private limited company
Registered office
Beneluxpark(Kor) 26 box 51
8500 Kortrijk · FlandreSee on map
Contributed capital
30 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin338 k €407,6 k €272,2 k €2,3 M €34 k €96,6 k €27,4 k €
EBITDA334,9 k €406,4 k €266,2 k €2,3 M €33,1 k €49,1 k €26,4 k €
Operating result355,4 k €415,9 k €274,7 k €2,1 M €33,1 k €49,1 k €24,8 k €
Net result27,8 k €139,2 k €62 k €1,5 M €20,4 k €-3,2 k €-2,7 k €
Balance sheet
Equity197,4 k €169,6 k €30,4 k €32,5 k €44,5 k €24,2 k €27,3 k €
Total assets5,4 M €4,7 M €3,6 M €4,1 M €1,8 M €2,1 M €632,2 k €
Cash1,7 M €3 M €1,8 M €2,2 M €1,7 M €2 M €20,4 k €
Debts5 M €4,2 M €3,3 M €3,8 M €1,8 M €2,1 M €601,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 5 ended

Active mandates

Patricia Schautteet

Director · since 13 décembre 2023

Active
Thibault Verstraete

Director · since 13 décembre 2023

Active
Vesta Group

Chairman of the board of directors · since 13 décembre 2023 · 0794.212.046

Represented by Christophe Verstraete

Active
Vesta Group

Director · since 13 décembre 2023 · 0794.212.046

Represented by Christophe Verstraete

Active

Ended mandates

STADSBADER PROMOTIONS

Director · since 10 septembre 2021 · until 13 décembre 2023 · 0885.960.980

Represented by Patricia Schautteet

Ended
STADSBADER PROMOTIONS

Director · since 10 septembre 2021 · 0885.960.980

Represented by Patricia Schautteet

Ended
Christophe Verstraete

Director · since 11 avril 2018 · until 13 décembre 2023

Ended
Christophe Verstraete

Director

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/07/202614/07/202518/07/202411/07/202304/07/202216/07/2021
General meeting18/06/202619/06/202520/06/202415/06/202316/06/202216/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/06/202616/07/2026DutchPDF
Abridged model31/12/202419/06/202514/07/2025DutchPDF
Abridged model31/12/202320/06/202418/07/2024DutchPDF
Abridged model31/12/202215/06/202311/07/2023DutchPDF
Abridged model31/12/202116/06/202204/07/2022DutchPDF
Abridged model31/12/202016/07/202116/07/2021DutchPDF
Abridged model31/12/201918/06/202014/07/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025 · 4 active · 5 ended

Active mandates

Patricia Schautteet

Director · since 13 décembre 2023

Active
Thibault Verstraete

Director · since 13 décembre 2023

Active
Vesta Group

Chairman of the board of directors · since 13 décembre 2023 · 0794.212.046

Represented by Christophe Verstraete

Active
Vesta Group

Director · since 13 décembre 2023 · 0794.212.046

Represented by Christophe Verstraete

Active

Ended mandates

STADSBADER PROMOTIONS

Director · since 10 septembre 2021 · until 13 décembre 2023 · 0885.960.980

Represented by Patricia Schautteet

Ended
STADSBADER PROMOTIONS

Director · since 10 septembre 2021 · 0885.960.980

Represented by Patricia Schautteet

Ended
Christophe Verstraete

Director · since 11 avril 2018 · until 13 décembre 2023

Ended
Christophe Verstraete

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/07/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/04/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202527,8 k €↓
  2. 2024
    Annual accounts 2024139,2 k €↑
  3. 2023
    Annual accounts 202362 k €↓
  4. 2022
    Annual accounts 20221,5 M €↑
  5. 2021
    Annual accounts 202120,4 k €↑
  6. 2020
    Annual accounts 2020-3,2 k €↓
  7. 2019
    Annual accounts 2019-2,7 k €
  8. 12/04/2018
    IncorporationPrivate limited company