Equity
€18,550 from €52,526 in 2020
Equity fell by 65% in 5 years.
Faar
Lifetime
7 annual accounts with figures on one time axispeak €74,575 (2023)
€62,848▲ 13.0%
lowest -€30,794 (2021)
€43,465▲ 12.0%
peak €52,526 (2020)
€18,550▼ 0.1%
€44,903▼ 12.6%
Board1 name since 2018
1 director
Documentsfilings and deeds
21-05-202671 days before the deadline
2025micro format
Gross margin from €55,616 to €62,848Dividend €43,492
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as Faar has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for Faar. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Amendment of the articles · Legal-form change · Resignations & appointments
Board composition: (director (not named in the articles)) · holds all the shares · General meeting of 04-12-2023 · Gazette deed
Incorporation
Founding capital of €18,550, 100 shares · Founder: (comparante) · Appointment: (manager) · published on 19-09-2018 · Gazette deed
First establishment
Steenbakkerserf 3, Evere
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Faar Evere | €63,453 | €62,848 | 29.2% | - |
| BackFeed Leuven | €65,324 | €61,205 | 87.1% | - |
| STRATAG'M Trooz | €69,097 | €57,399 | 56.4% | - |
| DINGO Wijnegem | €63,983 | €60,594 | -37.8% | 1 |
| SHARPMOUNTAIN Antwerp | €57,196 | €68,113 | 72.9% | - |
| Blue Eyes Oosterzele | €76,641 | €59,757 | 91.0% | - |
| SKILLS CONSULT Zaventem | €62,682 | €48,857 | 81.0% | - |
These companies have the same main activity as Faar: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €57,200 and €76,600, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 17-09-2018Normal situation
- Activity
- Public relations and communication consultancyNACE 73300and 3 others
- Establishment unit
- 2.279.579.7761140 Evere, since 17-09-2018
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €140,000estimated
- €63,453▼ 9.3%
- Filing
- Filed on 21-05-2026, 71 days before the end of the filing period
Insights on Faar
Faar files the micro format. That format states no turnover. The gross margin rose from €40,835 in 2019 to €62,848 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Faar
- What is the company number of Faar?
- The company number of Faar is 0704.670.554. The VAT number is the same number with BE in front: BE 0704.670.554.
- Where is Faar based?
- The registered office is at Steenbakkerserf 3, 1140 Evere.Company details
- What does Faar do?
- According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
- What is the legal form of Faar?
- Faar is a private limited company (BV).
- When was Faar founded?
- Faar was founded on 17-09-2018.
- Is Faar still active?
- Yes, Faar is an active enterprise in the KBO register.
- What is the turnover of Faar?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €62,848 and 30 comparable companies (NACE 73). It probably lies between €120,000 and €180,000.Financials
- Is Faar profitable?
- In financial year 2025, Faar made a profit of €43,465.
- Where can I find the annual accounts of Faar?
- Faar filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Faar due?
- Faar must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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