FAVOLA
ActiveFAVOLA has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €-8k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▲+4
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 36.29 against 44.94 in 2024; short-term debt: 2.7% and cash: 71.3% of total assets), and 2.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-8k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
16 d early
2023
16 d early
2022
32 d early
2021
34 d early
2020
12 d early
2019
51 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€87k▼ 8.0%
2024 · €94k
2018: €120k
2019: €121k
2020: €65k
2021: €27k
2022: €118k
2023: €105k
2024: €94k
2018 → 2025
Total assets
€89k▼ 7.5%
2024 · €96k
2018: €222k
2019: €263k
2020: €324k
2021: €314k
2022: €338k
2023: €248k
2024: €96k
2018 → 2025
Net result
€-8k▲ 32.1%
2024 · €-11k
2018: €82k
2019: €76k
2020: €94k
2021: €90k
2022: €91k
2023: €-13k
2024: €-11k
2018 → 2025
Working capital
€86k▼ 7.7%
2024 · €93k
2018: €114k
2019: €112k
2020: €59k
2021: €23k
2022: €115k
2023: €104k
2024: €93k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€118k▲ 331%€105k▼ 11.0%€94k▼ 10.6%€87k▼ 8.0%
Operating result€122k-€130k▲ 5.9%€-11k€-10k▲ 8.5%€-7k▲ 35.1%
Net result€90k-€91k▲ 0.5%€-13k€-11k▲ 14.0%€-8k▲ 32.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €10k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89k
Fixed assets
€441▼ 44.1%
Current assets
€89k▼ 7.2%
Equity and liabilities €89k
Equity
€87k▼ 8.0%
Debt
€2k▲ 14.9%
The debt ratio rises from 2.2% to 2.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▲
2024 · €-9k
Cash flow
€-7k▲
2024 · €-10k
Solvency
97.3%▼
2024 · 97.8%
Current ratio
36.29▼
2024 · 44.94
Quick ratio
36.29▼
2024 · 44.94
Debt / equity
0.03▲
2024 · 0.02
ROE
-8.7%▲
2024 · -11.8%
ROA
-8.5%▲
2024 · -11.6%
Interest coverage
-94.15▲
2024 · -139.94
Debt
€2k▲
2024 · €2k
Debt ≤ 1 year
€2k▲
2024 · €2k
Income taxes
€915▼
2024 · €934
Staff costs
€378▼
2024 · €400
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€96k€89k▼
Fixed assets21/28€788€441▼
Tangible fixed assets22/27€788€441▼
Plant, machinery and equipment23€776€441▼
Furniture and vehicles24€12-
Current assets29/58€95k€89k▼
Amounts receivable within one year40/41€12k€24k▲
Other amounts receivable41€12k€24k▲
Cash at bank and in hand54/58€82k€63k▼
Deferred charges and accrued income490/1€846€864▲
Equity and liabilities
Total equity and liabilities10/49€96k€89k▼
Equity10/15€94k€87k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€74k€66k▼
Amounts payable17/49€2k€2k▲
Amounts payable within one year42/48€2k€2k▲
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€400€378▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€347▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€-7k€-4k▲
Operating profit (loss)9901€-10k€-7k▲
Financial charges65/66B€65€66▲
Recurring financial charges65€65€66▲
Profit (loss) for the period before taxes9903€-10k€-7k▲
Income taxes67/77€934€915▼
Profit (loss) for the period9904€-11k€-8k▲
Profit (loss) for the period to be appropriated9905€-11k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€74k€66k▼
Profit (loss) brought forward from the previous period14P€85k€74k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 26current ratio 44.94
Current ratio from 1.73 to 44.94; short-term debt falls from €143k to €2k.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-13k ▼114%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €118k ▲331%
5 profitable years in a row build equity to €118k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €94k ▲24.4%
Net result €94k, the highest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Fonteingoeddreef 158560 WevelgemGround area
1,227 m²
Building footprint
224 m²
Volume, LiDAR
676 m³
Parcel 34012B0231/00G000, Flanders · tallest building 4.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FAVOLA
since 19982.089.758.892
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012B0231/00G000 | Flanders | 1,227 m² | 1 · 224 m² | 4.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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YOKO EUROPE
BE 0700.350.985
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TRENDLABELS
BE 0824.542.362
Antwerpen · Eq €88k
R.K. TRADING
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Antwerpen · Eq €88k
Of 1,276 companies in sector 46160 we hold annual accounts for 686. 539 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-07-1996
Fiscal year end31-12
Activities, NACEBEL
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
51160
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.