ACTIVE

FARO.Vlaams steunpunt voor cultureel erfgoed

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Financial year 2024 · Closed on 31/12/2024

Net result37,2 k €+117,9 %over 1 year
Revenue176 k €+59,5 %over 1 year
Equity694 k €+5,7 %over 1 year
Workforce21,6 ETP-4,0 %over 1 year

Identity

Source · BCE/KBO

FARO.Vlaams steunpunt voor cultureel erfgoed is a Non-profit organization incorporated in 2007. Its main activity is: Artistic creation. Its registered office is in Bruxelles. It employs on average 21,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0893.863.017
Incorporation
30/11/2007
Legal form
Non-profit organization
Registered office
Rue du Marché aux Herbes 105 box 44
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2024
Average workforce
21,6 ETP
Joint committees (1)
  • 32901
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 17 financial years

20242023202220212020
Income statement
Revenue176 k €110,3 k €90,8 k €78,9 k €22,3 k €
EBITDA46,5 k €-202,8 k €-22,1 k €119,5 k €127,6 k €
Operating result30,6 k €-213,7 k €-31,3 k €109,1 k €105,1 k €
Net result37,2 k €-208,4 k €-34,2 k €108,2 k €105 k €
Balance sheet
Equity694 k €656,8 k €865,2 k €899,3 k €791,2 k €
Total assets1 M €1,1 M €1,3 M €1,4 M €1,1 M €
Cash679 k €862 k €697,1 k €840 k €665,6 k €
Debts299,6 k €344,5 k €325,8 k €316,2 k €248,8 k €
Other
Workforce21,6 ETP22,5 ETP22,3 ETP22,3 ETP21,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

10 active · 50 ended

Active mandates

Herman Van Goethem

Director · since 12 décembre 2024

Active
Carmen Willems

Director · since 24 novembre 2020

Active
Peter Heyndrickx

Director · since 24 novembre 2020

Active
Rebecca Gysen

Director · since 24 novembre 2020

Active
Elsje Janssen

Director · since 27 avril 2016

Active
Fien Danniau

Director · since 27 avril 2016

Active
Luc Martens

Director · since 27 avril 2016 · until 12 décembre 2024

Active
Pauline Van Der Zee

Director · since 27 avril 2016 · until 12 décembre 2024

Active
Peter Laroy

Director · since 27 avril 2016

Active
Timo VAN HAVERE

Director · since 27 avril 2016

Active

Ended mandates

Adelheid DE NIJN

Director · since 27 avril 2016 · until 24 novembre 2020

Ended
Adelheid DE NIJN

Director · since 27 avril 2016

Ended
Luc Martens

Chairman of the board of directors · since 27 avril 2016

Ended
Luc Martens

Director · since 27 avril 2016

Ended

Other companies at this address

Rue du Marché aux Herbes 105 1000 Bruxelles
CompanyCBE no.
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0895.963.264
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0745.486.867
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ARTER ARCHITECTS● Active
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ARTIM● Active
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Association des Kinésithérapeutes en Obstérique de la Clinique Edith Cavell● Active
0454.790.537
Associations For International Human Rights Reporting Standards● Active
0645.755.724
BEHEER FINANCIËN KARTEL SPA/SPIRIT, afgekort BEFINKA● Active
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BLS Diner● Active
1016.903.854
B.O.A.● Active
0806.661.502
CASINO REAL ESTATE● Active
0458.268.283
CASINO REGIONAL DE BRUXELLES● Active
0458.384.881
Centre National d'Assistance Technique en Faveur des Travailleurs Independants● Active
0409.139.763
CHB.INTL● Active
1036.453.710
CONFEDERATION DES ORGANISATIONS FAMILIALES DE L'UNION EUROPEENNE● Active
0420.937.537
D and D PARTNERS● Active
0439.959.930
DIADOURIS● Active
0660.660.466
DIEM NAILS● Active
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EcoSphere International● Active
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EDEN SHOP● Bankrupt
0692.753.313

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/11/202517/09/202401/09/202301/08/202230/08/202127/07/2020
General meeting27/03/202526/03/202428/03/202305/05/202225/03/202124/03/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202427/03/202524/11/2025DutchPDF
Abridged model31/12/202326/03/202417/09/2024DutchPDF
Abridged model31/12/202228/03/202301/09/2023DutchPDF
Abridged model31/12/202105/05/202201/08/2022DutchPDF
Abridged model31/12/202025/03/202130/08/2021DutchPDF
Abridged model31/12/201924/03/202027/07/2020DutchPDF
Abridged model31/12/201826/03/201922/08/2019DutchPDF
Abridged model31/12/201721/03/201810/08/2018DutchPDF
Abridged modelCorrection31/12/201622/03/201710/08/2018DutchPDF
Abridged model31/12/201622/03/201726/06/2017DutchPDF
Abridged model31/12/201527/04/201623/06/2016DutchPDF
Abridged model31/12/201419/03/201516/07/2015DutchPDF
Abridged model31/12/201326/03/201413/10/2014DutchPDF
Abridged model31/12/201225/03/201304/04/2014DutchPDF
Abridged model31/12/201128/03/201204/04/2014DutchPDF
Abridged model31/12/201009/05/201113/10/2011DutchPDF
Abridged model31/12/200929/03/201005/01/2011DutchPDF
Abridged model31/12/200818/03/200905/01/2011DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2024

10 active · 50 ended

Active mandates

Herman Van Goethem

Director · since 12 décembre 2024

Active
Carmen Willems

Director · since 24 novembre 2020

Active
Peter Heyndrickx

Director · since 24 novembre 2020

Active
Rebecca Gysen

Director · since 24 novembre 2020

Active
Elsje Janssen

Director · since 27 avril 2016

Active
Fien Danniau

Director · since 27 avril 2016

Active
Luc Martens

Director · since 27 avril 2016 · until 12 décembre 2024

Active
Pauline Van Der Zee

Director · since 27 avril 2016 · until 12 décembre 2024

Active
Peter Laroy

Director · since 27 avril 2016

Active
Timo VAN HAVERE

Director · since 27 avril 2016

Active

Ended mandates

Adelheid DE NIJN

Director · since 27 avril 2016 · until 24 novembre 2020

Ended
Adelheid DE NIJN

Director · since 27 avril 2016

Ended
Luc Martens

Chairman of the board of directors · since 27 avril 2016

Ended
Luc Martens

Director · since 27 avril 2016

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/12/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other18/03/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates17/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/03/2016
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202437,2 k €↑
  2. 2023
    Annual accounts 2023-208,4 k €↓
  3. 2022
    Annual accounts 2022-34,2 k €↓
  4. 2022
    Name changeFaro
  5. 2021
    Annual accounts 2021108,2 k €↑
  6. 2021
    Name changeFARO. Vlaams steunpunt voor cultureel erfgoed
  7. 2020
    Annual accounts 2020105 k €↑
  8. 2019
    Annual accounts 2019-44,6 k €↑
  9. 2018
    Annual accounts 2018-85,7 k €↓
  10. 2017
    Annual accounts 201733,2 k €↓
  11. 2016
    Annual accounts 201665,8 k €↓
  12. 2015
    Annual accounts 201588,3 k €↑
  13. 2014
    Annual accounts 201473,7 k €↑
  14. 2013
    Annual accounts 201320,8 k €↑
  15. 2012
    Annual accounts 201210,1 k €↓
  16. 2011
    Annual accounts 201113,5 k €↓
  17. 2010
    Annual accounts 2010199,1 k €↑
  18. 2009
    Annual accounts 2009196,7 k €↑
  19. 2008
    Annual accounts 200876,1 k €
  20. 30/11/2007
    IncorporationNon-profit organization