Equity
€18,550 from €52,526 in 2020
Equity fell by 65% in 5 years.
Faar
Overview
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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The scores and ratios are Checked's own calculations, not a credit decision.
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
- €62,848▲ 13.0%
- ≈ €140,000estimated
- €43,465▲ 12.0%
- €18,550▼ 0.1%
- €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.
Financials
Annual accounts 2025
micro format, filed on 21-05-2026, 71 days before the deadline€62,848
▲ 13.0%
€59,213
▲ 11.2%
€43,465
▲ 12.0%
€16,577
▲ 13.5%
29.2%
▲ 2.7 percentage points
1.37
▲ 0.08
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €120,000 and €180,000.
Balance sheet
balance sheet total €63,453 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
29.2%
Higher than 31% of 8,617 companies in 2025.
1.37
Higher than 36% of 8,293 companies in 2025.
68.5%
Higher than 95% of 8,402 companies in 2025.
Faar
Middle half of the sector
80% of the sector
Micro accounts in advertising and market research (NACE 73)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
63,453 | 69,959 | 65,120 | 10,428 | 25,212 | 63,894 | 60,497 | |
21/28 |
1,973 | 3,975 | 1,609 | 4,277 | 8,614 | 149 | 633 | |
22/27 |
1,973 | 3,975 | 1,609 | 4,277 | 8,614 | 149 | 633 | |
23 |
1,104 | 2,736 | - | - | 0 | 149 | 633 | |
24 |
869 | 1,239 | 1,609 | 4,277 | 8,614 | - | - | |
29/58 |
61,480 | 65,984 | 63,511 | 6,151 | 16,598 | 63,745 | 59,864 | |
40/41 |
12,750 | 26,413 | 13,329 | 203 | 1,184 | 747 | 34,863 | |
40 |
11,047 | 25,108 | 11,344 | - | - | 0 | 34,863 | |
41 |
1,703 | 1,305 | 1,985 | 203 | 1,184 | 747 | - | |
54/58 |
46,338 | 37,248 | 48,577 | 4,724 | 11,923 | 59,022 | 22,873 | |
490/1 |
2,392 | 2,323 | 1,605 | 1,224 | 3,491 | 3,975 | 2,127 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
63,453 | 69,959 | 65,120 | 10,428 | 25,212 | 63,894 | 60,497 | |
10/15 |
18,550 | 18,578 | 18,578 | -5,199 | 21,732 | 52,526 | 49,119 | |
10/11 |
18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | |
100 |
- | - | - | - | - | - | 18,550 | |
13 |
0 | 28 | 28 | 0 | 3,182 | 33,976 | 30,569 | |
133 |
0 | 28 | 28 | 0 | 3,182 | 33,976 | 30,569 | |
14 |
0 | 0 | 0 | -23,749 | - | - | - | |
17/49 |
44,903 | 51,381 | 46,542 | 15,627 | 3,480 | 11,368 | 11,378 | |
42/48 |
44,903 | 51,381 | 46,542 | 15,627 | 3,480 | 11,368 | 11,378 | |
43 |
111 | 169 | - | - | - | - | - | |
430/8 |
111 | 169 | - | - | - | - | - | |
44 |
573 | 837 | 438 | 337 | 456 | 539 | 377 | |
440/4 |
573 | 837 | 438 | 337 | 456 | 539 | 377 | |
45 |
5,586 | 11,076 | 6,189 | 9,130 | 2,229 | 10,830 | 11,001 | |
450/3 |
5,586 | 11,076 | 6,189 | 130 | 2,229 | 10,830 | 11,001 | |
454/9 |
- | - | 0 | 9,000 | - | - | - | |
47/48 |
38,633 | 39,299 | 39,916 | 6,159 | 795 | - | - | |
| Income statement | ||||||||
9900 |
62,848 | 55,616 | 74,575 | -20,882 | -29,254 | 6,365 | 40,835 | |
630 |
2,002 | 898 | 4,519 | 4,337 | 208 | 484 | 770 | |
640/8 |
1,634 | 1,478 | 1,674 | 1,531 | 768 | - | - | |
9901 |
59,213 | 53,241 | 68,382 | -26,749 | -30,230 | 5,881 | 40,065 | |
75/76B |
- | - | - | - | - | 0 | 0 | |
75 |
- | - | - | - | - | 0 | 0 | |
65/66B |
197 | 227 | 271 | 51 | 445 | 513 | 777 | |
65 |
197 | 227 | 271 | 51 | 445 | 513 | 777 | |
9903 |
59,016 | 53,014 | 68,111 | -26,800 | -30,675 | 5,368 | 39,288 | |
67/77 |
15,551 | 14,195 | 4,535 | 130 | 118 | 1,961 | 8,719 | |
9904 |
43,465 | 38,819 | 63,576 | -26,931 | -30,794 | 3,407 | 30,569 | |
9905 |
43,465 | 38,819 | 63,576 | -26,931 | -30,794 | 3,407 | 30,569 | |
| Appropriation of the result | ||||||||
9906 |
43,465 | 38,819 | 39,828 | -26,931 | -30,794 | 3,407 | 30,569 | |
14P |
- | 0 | -23,749 | - | - | - | - | |
791/2 |
28 | - | 0 | 3,182 | 30,794 | - | - | |
691/2 |
- | 0 | 28 | - | 0 | 3,407 | 30,569 | |
6920 |
- | - | - | - | 0 | 3,407 | - | |
6921 |
- | 0 | 28 | - | - | 0 | 30,569 | |
694/7 |
43,492 | 38,819 | 39,800 | - | - | - | - | |
694 |
43,492 | 38,819 | 39,800 | - | - | - | - | |
| Document | ||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 21-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 21-05-2026 | 2026-00116510 | |
| 31-12-2024 | micro format | 14-04-2025 | 2025-00068607 | |
| 31-12-2023 | micro format | 05-06-2024 | 2024-00109587 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00211246 | |
| 31-12-2021 | micro format | 25-05-2022 | 2022-20034525 | |
| 31-12-2020 | micro format | 25-05-2021 | 2021-15100556 | |
| 31-12-2019 | micro format | 29-05-2020 | 2020-14100454 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 61,215 | 54,138 | 72,901 | -22,413 | -30,022 | 6,365 | 40,835 | ||
| 45,467 | 39,717 | 68,095 | -22,594 | -30,585 | 3,891 | 31,339 | ||
| 0 | 3,264 | 1,850 | 0 | 8,673 | 0 | 1,403 | ||
| 9,090 | -11,329 | 43,853 | -7,199 | -47,099 | 36,149 | - | ||
| 16,577 | 14,603 | 16,969 | -9,476 | 13,118 | 52,377 | 48,486 | ||
| 29.2% | 26.6% | 28.5% | -49.9% | 86.2% | 82.2% | 81.2% | ||
| 1.37 | 1.28 | 1.36 | 0.39 | 4.77 | 5.61 | 5.26 | ||
| 2.42 | 2.77 | 2.51 | - | 0.16 | 0.22 | 0.23 | ||
| 234.3% | 209.0% | 342.2% | - | -141.7% | 6.5% | 62.2% | ||
| 68.5% | 55.5% | 97.6% | -258.3% | -122.1% | 5.3% | 50.5% | ||
| over 100 | over 100 | over 100 | -438.00 | -67.39 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €3,264 | €1,850 | - | €8,673 |
| €2,002 | €898 | €4,519 | €4,337 | €208 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Faar
The operating result for 2025 is 11% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 73.4% to 70.8%. Equity and debt are lower.
Board & ownership
Board
1 director, since incorporationManager (not named in the articles)
current term since 04-12-2023
listed in the 2025 annual accounts, filed on 21-05-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 22-02-2024
Mandates through the years
1 name, the dashed line is todayManager (not named in the articles)
Board
Mandates as a list
-
- Manager (not named in the articles), appointed by deed of 19-09-2018, still in office
Control
Shareholder
This company
Faar
Equity €18,550
Profit €43,465 in 2025
Capital
- Contribution
- €18,550
- Shares
- 100
- Contribution per share
- €186
- Equity per share
- €186 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 22-02-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of May at 11:00
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Beslissing algemene vergadering met inachtneming vereisten statutenwijziging, beslissing tot ontbinding heeft afsluiting lopende boekjaar…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Benoeming vereffenaars, alle machten die wet statuten of benoemingsbesluit bepaalt”
Shareholders
Stated in the deed
deed of 22-02-2024 ↗
- all shares
At incorporation
deed of 19-09-2018 ↗
- 100 shares (100%) · €18,550 · contanten
Capital transactions
Capital over time
- 22-02-2024 Converted to available equity
- 19-09-2018 Incorporation · €18,550 · 100 shares
Network & group
No group
Faar has no parent and no holdings in its annual accounts. is the only director.
At the same address
Steenbakkerserf 3, 1140 Evere · 2 other companies| Osorio, Daniel (sole trader)
establishment since 12-12-2018 |
founded in 2018 0715.719.547 |
| TEPUI
registered office since 02-07-2018 |
founded in 2018 0699.462.347 |
Earlier ties
via , no longer at · Director (executive) · deed of 21-06-2022 |
founded in 2017 |
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
13 events since 2018Board
Filings
Financial
Establishments
20182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 71 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 108 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 56 days before the deadline
Amendment of the articles · Legal-form change · Resignations & appointmentsBoard composition: (director (not named in the articles)) · holds all the shares · General meeting of 04-12-20235 points ▸
- General meeting, 04-12-2023
- Board composition, (director (not named in the articles))
- Registered office clause, Steenbakkerserf 3, 1140 Evere
- Power of attorney,
- holds all the shares
- The deed holds 3 more points.
2023
Back to profit net €63,576 The net result is €63,576, after 2 loss-making years.
Liquidity more than triples current ratio 1.36 The current ratio rises from 0.39 to 1.36.
Annual accounts 2022 filed PDFmicro format · 32 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 67 days before the deadline
2021
Weakest financial year net -€30,794 The net result drops to -€30,794, the lowest from 2019 to 2025. It recovers the following year.
Annual accounts 2020 filed PDFmicro format · 67 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 63 days before the deadline
2018
IncorporationFounding capital of €18,550, 100 shares · Founder: (comparante) · Appointment: (manager) · published on 19-09-20187 points ▸
- Founder, (comparante)
- Founding capital, €18,550, 100 shares
- Capital, €18,550, 100 shares
- Director appointment, (manager (not named in the articles))
- Permanent representative, (vaste vertegenwoordiger in de besloten vennootschap faar)
- Registered office clause, Clos des Briquetiers 3, 1140 Evere
- Power of attorney,
- The deed holds 3 more points.
First establishment Steenbakkerserf 3, Evere
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0704.670.554
- VAT number
- BE 0704.670.554
- Peppol ID
- 0208:0704670554
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 17-09-2018
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of May at 11:00deed of 22-02-2024 (in Dutch)
- Peppol
- Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Faar in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 22-02-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Brussels Hoofdstedelijk Gewest”deed of 22-02-2024 (in Dutch)
Activities
NACEBEL 202573300
Public relations and communication consultancy main activity
62100
Computer programming
Codes under NACEBEL 2008
70210
Activities of head offices; management consultancy activities main activity
62010
Computer programming, consultancy and related activities
70220
Business consulting
71112
Architectural and engineering activities; technical testing and analysis
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verlenen van adviezen,richtsnoeren en praktische hulp aan ondernemingen en andere instellingen van lobbyactiviteiten,met betrekking tot…”deed of 22-02-2024 (in Dutch)
5 activities
- Het verlenen van adviezen,richtsnoeren en praktische hulp aan ondernemingen en andere instellingen van lobbyactiviteiten,met betrekking tot public relations en communicatie.
- De ontwikkeling van diverse IT-producten,van hardware tot software,alsook de verkoop en het aanbieden als digitale service hiervan.
- Het verlenen van adviezen,op het vlak van het inrichten van private,commerciële en publieke ruimten (woningen,burelen,winkels,openbare gebouwen…).
- Detailhandel in allerlei producten op het gebied van interieurvorming,mode en kinderen via het internet.
- Het opbouwen van een roerend en onroerend vermogen in binnen- en buitenland.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Steenbakkerserf 3 registered office 1140 Evere | 17-09-2018 | 2.279.579.776 |
Buildings and parcels at the address
- Ground area
- 259 m²
- Buildings
- 75 m²
- Volume, LiDAR
- 815 m³
- Tallest building
- 13.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21372C0109/00G008 | 259 m² | 1 · 75 m² | 13.1 m · 4 |