FAVA
ActiveSummary
The computed 12-month bankruptcy probability of FAVA is 2.2% (moderate). The 2025 annual accounts show equity of €18,087 and a net result of -€13,698. Equity is shrinking by about 19% per year across the filed financial years. Its solvency ranks better than 56% of 1,588 sector peers (NACE 55, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €18,087
- Loss
- -€13,698
Why 52raises riskFounded in 20231 change of registered office in 24 monthsLoss of €13,698 (financial year 2025)lowers riskFigures for financial year 2025 (filed 17-07-2026)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 55, micro): better than 53% on solvency, 31% on liquidity, 5% on profitability and 14% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 3 accounts on average 11 days before the deadline; the sector median (NACE 55) for financial year 2024 is 1 day before the deadline, and 45% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€13,698
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result turns negative in 2025: a loss of €8,466 after €7,007 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 55, Accommodation: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,207 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 90.2% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,207 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,341 | €6,201 | €2,048 | ▼ 67.0% |
| Other operating charges640/8 | €1,389 | €2,908 | €17,328 | ▲ 496% |
| Gross operating margin9900 | €38,580 | €16,115 | €10,911 | ▼ 32.3% |
| Operating profit (loss)9901 | €33,850 | €7,007 | -€8,466 | - |
| Financial income75/76B | €61 | €1,547 | €7 | ▼ 99.5% |
| Recurring financial income75 | €61 | €1,547 | €7 | ▼ 99.5% |
| Financial charges65/66B | €842 | €3,201 | €4,947 | ▲ 54.6% |
| Recurring financial charges65 | €842 | €3,201 | €4,947 | ▲ 54.6% |
| Profit (loss) for the period before taxes9903 | €33,070 | €5,354 | -€13,406 | - |
| Income taxes67/77 | €7,155 | €2,483 | €292 | ▼ 88.3% |
| Profit (loss) for the period9904 | €25,914 | €2,870 | -€13,698 | - |
| Profit (loss) for the period to be appropriated9905 | €25,914 | €2,870 | -€13,698 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €72,885 | €78,060 | €70,281 | ▼ 10.0% |
| Fixed assets21/28 | €24,780 | €22,116 | €38,927 | ▲ 76.0% |
| Tangible fixed assets22/27 | €24,780 | €22,116 | €4,427 | ▼ 80.0% |
| Furniture and vehicles24 | €22,856 | €17,706 | €1,360 | ▼ 92.3% |
| Other tangible fixed assets26 | €1,924 | €4,410 | €3,066 | ▼ 30.5% |
| Financial fixed assets28 | - | - | €34,500 | - |
| Current assets29/58 | €48,105 | €55,945 | €31,354 | ▼ 44.0% |
| Amounts receivable within one year40/41 | €38,945 | €34,064 | €18,095 | ▼ 46.9% |
| Trade receivables40 | €12,376 | €10,553 | €17,494 | ▲ 65.8% |
| Other amounts receivable41 | €26,569 | €23,511 | €601 | ▼ 97.4% |
| Cash at bank and in hand54/58 | €8,576 | €19,793 | €12,652 | ▼ 36.1% |
| Deferred charges and accrued income490/1 | €585 | €2,087 | €607 | ▼ 70.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €72,885 | €78,060 | €70,281 | ▼ 10.0% |
| Equity10/15 | €28,914 | €31,785 | €18,087 | ▼ 43.1% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €25,914 | €28,785 | €15,087 | ▼ 47.6% |
| Amounts payable17/49 | €43,971 | €46,276 | €52,194 | ▲ 12.8% |
| Amounts payable after more than one year17 | €14,446 | €8,915 | €3,057 | ▼ 65.7% |
| Financial debts170/4 | €14,446 | €8,915 | €3,057 | ▼ 65.7% |
| Amounts payable within one year42/48 | €29,525 | €37,361 | €49,137 | ▲ 31.5% |
| Current portion of amounts payable after more than one year42 | €5,223 | €5,531 | €5,858 | ▲ 5.9% |
| Financial debts43 | - | €39 | €23,022 | ▲ 591× |
| Credit institutions430/8 | - | €39 | €39 | = |
| Other loans439 | - | - | €22,983 | - |
| Trade debts44 | €2,873 | €5,713 | €3,390 | ▼ 40.7% |
| Suppliers440/4 | €2,873 | €5,713 | €3,390 | ▼ 40.7% |
| Taxes, remuneration and social security45 | €21,430 | €26,077 | €12,443 | ▼ 52.3% |
| Taxes450/3 | €21,430 | €26,077 | €12,443 | ▼ 52.3% |
| Other amounts payable47/48 | - | - | €4,424 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,914 | €2,870 | -€13,698 | - |
| + Depreciation and write-downs630 | €3,341 | €6,201 | €2,048 | ▼ 67.0% |
| Operating cash flow (approximation) | €29,256 | €9,071 | -€11,649 | - |
| Investment in fixed assets (approximation) | - | -€3,537 | -€18,860 | ▼ 433% |
| Change in cash | - | €11,217 | -€7,141 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 17-07-2026 | 2026-00304795 |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00307117 |
| 31-12-2023 | micro format | 19-07-2024 | 2024-00262200 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DELACROIX François Marie-Gaëlle Christian |
|
| GOETHALS Valentine Marie Catherine |
|
The directors' other companies
1 other company of this director was struck off by the FPS Economy (2024).
- CHEMINEES HENRY struck off on 18-03-2024Official Gazettemandate 2023 to 2025
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it. Only boards we have read from the Gazette; other companies may still be missing.
Owners and capital
Capital and shareholders
- DELACROIX François Marie-Gaëlle Christian 50 shares (50%) · €1,500
- GOETHALS Valentine Marie Catherine 50 shares (50%) · €1,500
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 26-05-2023 Incorporation · €3,000 · 100 shares
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
History
On 24 May 2023, FAVA was incorporated as a private limited company by two natural persons, with a starting capital of €3,000.12 In 2025 the registered office moved to Chaumont-Gistoux.3 Of the 2 current board members, 2 have served since 2023.2 Total assets went from €72,885 in 2023 to €70,281 in 2025.4
Acts, filings and financial milestones
14-05
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 13-12-2024
- Registered-office move, Rue Saint-Roch 33, 1325 Chaumont-Gistoux
26-05
Gazette deed
IncorporationAppointments: DELACROIX François Marie-Gaëlle Christian (director) and GOETHALS Valentine Marie Catherine (director) · Founder · Founding capital12 facts ▸
- Incorporation, “FAVA” (deed in French)
- Founder, DELACROIX François Marie-Gaëlle Christian
- Founder, GOETHALS Valentine Marie Catherine
- Founding capital, €3,000
- Bank account, “société en formation, BE50068947980118” (deed in French)
- Capital
- Other provision, “constitution_définitive_effectivité_décisions, comparants forment assemblée générale” (deed in French)
- Registered office clause, “1325 Chaumont-Gistoux (section de Dion-Valmont), Rue du Moulin, numéro 9 boîte A” (deed in French)
- Board rule, 2
- Director appointment, DELACROIX François Marie-Gaëlle Christian (director (not named in the articles))
- Director appointment, GOETHALS Valentine Marie Catherine (director (not named in the articles))
- Pre-incorporation commitments
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25025B0504/00A000 | Wallonia | 4,880 m² | 1 · 172 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “À la fourniture de services aux entreprises destinés à permettre le développement des affaires;à la consultance et à la prestation de…” (deed in French)
14 activities (deed in French)
- À la fourniture de services aux entreprises destinés à permettre le développement des affaires;à la consultance et à la prestation de conseils de gestion,de management,et plus généralement d'organisation des entreprises,en ce compris(mais non exclusivement):la gestion journalière de sociétés,l’analyse de marchés,les études économiques,les analyses financières,l’organisation et la gestion de ressources humaines,la mise en place de structure financière,etc.
- Au conseil pour le développement des affaires et autres conseils de gestion
- À la prestation de services d’ordre économique,notamment la consultance technique,l’assistance en matière de management,d’engineering,de consulting et de franchising,la gestion et la consultance en matière commerciale,administrative,technique et/ou financière
- Toutes interventions directes ou indirectes dans l’organisation interne ou dans l’administration d’une entreprise ou d’une société quelque soit son objet social,l’exercice de la fonction d’administrateur ou des fonctions analogues dans des sociétés et autres personnes morales
- Aux activités de communication et de marketing,de formation et d’organisation de séminaires,de conférences,de relations publiques,au sens le plus large du terme
- À la mise à fruits de son patrimoine mobilier ou immobilier,notamment via toutes opérations de gestion,d’acquisition,de vente ou de mise en location de biens,ainsi que la coordination de projets immobiliers
- La location de chambres d’hôtes,de tiny house et de gîtes
- La location de chambres d’hôtes de luxe incluant tous services,tous aménagements pouvant améliorer le confort,le luxe,la détente des hôtes tels que fournir les petits déjeuners,service repas(traiteur),projections de films,boissons diverses,mise à disposition d’espaces de réunions et de détente
- La vente,l’achat,la livraison,en gros ou en détail,de plats traiteur,de tous produits alimentaires,préparés ou non,de limonades,vins,alcools et spiritueux,de tabacs,cigares,ainsi que de tous produits en rapport avec son objet
- La conception graphique,illustration,web design,la mise en page,l’édition,la communication,la création de sites internet,le packaging,l’impression,la publication,la publicité(création de logos,de textes et de supports publicitaires)
- Toutes activité consultatives et d'assistance ainsi que toute prestations dans le domaine de la décoration des aménagements qui s'y rapportent,ainsi que les études environnementales,le conseil en gestion technique et le conseil en gestion de patrimoine immobilier
- L’administration de sociétés au sens le plus large du terme
- Toutes activités d’aide aux personnes fragilisées au sens le plus large du terme
- La permaculture,la conception,le développement et la présentation de parcs et jardins,ainsi que toutes activités y liées
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FAVA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, organe d'administration peut établir sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Sont appelés à la fonction d’administrateur non statutaire pour une durée illimitée : - Monsieur DELACROIX François, prénommé, ici présent…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Assemblée qui nomme fixe nombre,durée et,en cas de pluralité,pouvoirs, assemblée générale peut en toute hypothèse mettre fin au mandat,nommé…” (deed in French)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Prévues pour modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pour quelque cause et à quelque moment, administrateurs en fonction désignés comme liquidateurs en vertu des statuts si aucun autre désigné” (deed in French)