NORMAL SITUATION

EFAN

Financial year 2025 · closed on 30/06/2025
Net result
-138,7 k €
+58.3% YoY
Gross margin
-2,1 k €
+29.6% YoY
Equity
34,9 k €
-79.9% YoY

Company — Normal situation.

What does EFAN do?

EFAN is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0874.138.066
Legal form
Private company with limited liability
Contributed capital
20 000,00 €
Latest accounts
30/06/2025
Signals
Solid equity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-2,1 k €-2,9 k €1,5 k €12,5 k €54,1 k €52,3 k €114,1 k €82,7 k €55,5 k €112,5 k €91 k €100,6 k €108,9 k €91,8 k €86,2 k €113,1 k €85,8 k €66,8 k €64,4 k €
EBITDA-139 k €-2,9 k €1,5 k €-9,9 k €19,8 k €20,1 k €79 k €46,8 k €17,8 k €84,4 k €54,2 k €75,4 k €82 k €65,9 k €64,2 k €81,7 k €54,6 k €43,6 k €55,5 k €
Operating result-139 k €-14,9 k €1,5 k €-9,9 k €19,8 k €20,1 k €79 k €43,2 k €14,2 k €80,8 k €50,1 k €71,2 k €77,1 k €54,4 k €51,8 k €64 k €41,1 k €30,6 k €50,1 k €
Net result-138,7 k €-332,8 k €69,7 k €232,3 k €13,4 k €3,2 k €57,1 k €35,4 k €6,7 k €992 €10,2 k €28 k €22,1 k €30,4 k €28,9 k €31 k €10,2 k €13,4 k €15,5 k €
Balance sheet
Equity34,9 k €173,5 k €506,3 k €436,6 k €347,2 k €333,8 k €330,6 k €273,5 k €238,1 k €231,4 k €230,4 k €220,2 k €192,2 k €170,1 k €139,6 k €110,7 k €79,7 k €69,5 k €56,1 k €
Total assets34,9 k €173,5 k €506,3 k €507,9 k €433 k €424,6 k €421,2 k €468,8 k €474,9 k €478 k €909,9 k €874,3 k €832,9 k €723,2 k €632 k €584,5 k €511,8 k €535,9 k €530,7 k €
Cash5,9 k €7,7 k €10 k €31 k €9,2 k €6,5 k €5,4 k €1,3 k €6,2 k €733 €3,3 k €6,2 k €12,4 k €8,8 k €1,9 k €23,7 k €3,1 k €28,7 k €4,1 k €
Debts71,3 k €74,7 k €79,7 k €78,5 k €195,3 k €236,7 k €246,6 k €674,5 k €649,2 k €630,4 k €548,1 k €487,4 k €468,7 k €432,1 k €465,7 k €474,6 k €
Other
Workforce1,0 ETP1,1 ETP1,0 ETP1,0 ETP1,0 ETP1,3 ETP1,3 ETP1,3 ETP
Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active

Active mandates

Agim BICAK

Manager

Active
Luc NAVEZ

Manager

Active
Nurhan BICAK

Manager

Active
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/11/202509/01/202522/12/202331/01/202312/01/202221/01/2021
General meeting04/11/202509/01/202521/12/202329/01/202310/01/202220/01/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202504/11/202505/11/2025FrenchPDF
Micro model30/06/202409/01/202509/01/2025FrenchPDF
Micro model30/06/202321/12/202322/12/2023FrenchPDF
Micro model30/06/202229/01/202331/01/2023FrenchPDF
Micro model30/06/202110/01/202212/01/2022FrenchPDF
Micro model30/06/202020/01/202121/01/2021FrenchPDF
Micro model30/06/201915/11/201909/01/2020FrenchPDF
Micro model30/06/201830/06/201816/01/2019FrenchPDF
Micro model30/06/201711/01/201821/02/2018FrenchPDF
Abridged model30/06/201613/01/201720/01/2017FrenchPDF
Abridged model30/06/201516/12/201517/12/2015FrenchPDF
Abridged model30/06/201408/01/201516/01/2015FrenchPDF
Abridged model30/06/201312/02/201426/02/2014FrenchPDF
Abridged model30/06/201215/11/201214/02/2013FrenchPDF
Abridged model30/06/201115/11/201120/03/2012FrenchPDF
Abridged model30/06/201030/06/201023/02/2011FrenchPDF
Abridged model30/06/200915/11/200917/02/2010FrenchPDF
Abridged model30/06/200817/11/200812/03/2009FrenchPDF
Abridged model30/06/200715/11/200722/04/2008FrenchPDF
Abridged model30/06/200631/12/200629/03/2007FrenchPDF
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 30/06/2025 · 3 active

Active mandates

Agim BICAK

Manager

Active
Luc NAVEZ

Manager

Active
Nurhan BICAK

Manager

Active
Shareholders

Ownership and network

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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 2025-138,7 k €
  2. 2024
    Annual accounts 2024-332,8 k €
  3. 2023
    Annual accounts 202369,7 k €
  4. 2022
    Annual accounts 2022232,3 k €
  5. 2021
    Annual accounts 202113,4 k €
  6. 2020
    Annual accounts 20203,2 k €
  7. 2019
    Annual accounts 201957,1 k €
  8. 2018
    Annual accounts 201835,4 k €
  9. 2017
    Annual accounts 20176,7 k €
  10. 2016
    Annual accounts 2016992 €
  11. 2015
    Annual accounts 201510,2 k €
  12. 2014
    Annual accounts 201428 k €
  13. 2013
    Annual accounts 201322,1 k €
  14. 2012
    Annual accounts 201230,4 k €
  15. 2011
    Annual accounts 201128,9 k €
  16. 2010
    Annual accounts 201031 k €
  17. 2009
    Annual accounts 200910,2 k €
  18. 2008
    Annual accounts 200813,4 k €
  19. 2007
    Annual accounts 200715,5 k €