FAARE
ActiveSummary
FAARE has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,338 and a net result of €78,980. Its solvency ranks better than 23% of 11,723 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €11,338
- Profit
- €78,980
Why 94raises riskFounded in 2025lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 1.24, cash €41,328Size: total assets €50,488Show the evidence
Checked score
Fewer than 1 in 1,000 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 71, micro): better than 24% on solvency, 44% on liquidity and 88% on profitability.
The bankruptcy probability was computed on 27-10-2026 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).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: DUMITRESCU Hadrien Ioan Louis…
Financials · financial year 2025, micro format
2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00436013.
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.
- Micro
- under 2 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 2,390 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 | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2 |
| Other operating charges640/8 | €400 |
| Gross operating margin9900 | €105,869 |
| Operating profit (loss)9901 | €105,468 |
| Financial income75/76B | €0 |
| Recurring financial income75 | €0 |
| Financial charges65/66B | €63 |
| Recurring financial charges65 | €63 |
| Profit (loss) for the period before taxes9903 | €105,405 |
| Income taxes67/77 | €26,426 |
| Profit (loss) for the period9904 | €78,980 |
| Profit (loss) for the period to be appropriated9905 | €78,980 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €50,488 | |
| Fixed assets21/28 | €1,788 | |
| Tangible fixed assets22/27 | €1,788 | |
| Furniture and vehicles24 | €1,788 | |
| Current assets29/58 | €48,700 | |
| Amounts receivable within one year40/41 | €7,372 | |
| Trade receivables40 | €4,129 | |
| Other amounts receivable41 | €3,242 | |
| Cash at bank and in hand54/58 | €41,328 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €50,488 | |
| Equity10/15 | €11,338 | |
| Contributions10/11 | €1,000 | |
| Profit (loss) carried forward14 | €10,338 | |
| Amounts payable17/49 | €39,150 | |
| Amounts payable within one year42/48 | €39,150 | |
| Trade debts44 | €7,115 | |
| Suppliers440/4 | €7,115 | |
| Taxes, remuneration and social security45 | €26,426 | |
| Taxes450/3 | €26,426 | |
| Other amounts payable47/48 | €5,609 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €78,980 |
| + Depreciation and write-downs630 | €2 |
| Operating cash flow (approximation) | €78,981 |
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 (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 27-08-2026 | 2026-00436013 |
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 |
|---|---|
| DUMITRESCU Hadrien Ioan Louis |
|
Owners and capital
Capital and shareholders
- DUMITRESCU Hadrien Ioan Louis 100 shares (100%) · in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 07-03-2025 Incorporation · €1,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
FAARE was incorporated on 5 March 2025 as a private limited company by one natural person, with a starting capital of €1,000.12 Since 2025, DUMITRESCU Hadrien Ioan Louis has served as administrateur non statutaire of the company.2 The company has filed annual accounts once, for financial year 2025.3
Acts, filings and financial milestones
07-03
Gazette deed
IncorporationAppointment: DUMITRESCU Hadrien Ioan Louis (administrateur non statutaire) · Founding capital · Founder5 facts ▸
- Incorporation, “FAARE” (deed in French)
- Founding capital, €1,000
- Founder, DUMITRESCU Hadrien Ioan Louis
- Director appointment, DUMITRESCU Hadrien Ioan Louis (administrateur non statutaire)
- Declaration, “personnes nommées ci-dessus, absence d'interdiction de gérer” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 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 |
|---|---|---|---|---|
| 21383B0088/00S004 | Brussels | 324 m² | 1 · 136 m² | 18.4 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Exercice,pour compte de la société,de la profession d'architecte ainsi que toute discipline connexe et non incompatible; Des missions de…” (deed in French)
3 activities (deed in French)
- Exercice,pour compte de la société,de la profession d'architecte ainsi que toute discipline connexe et non incompatible
- Des missions de stabilité des bâtiments en tant qu'ingénieur civil.
- Toutes les techniques spéciales du bâtiment (études électriques,sanitaires,«HVAC»,...),la sculpture et la peinture d'art intégrées à l'architecture,la décoration,l'aménagement intérieur et paysager,le design,la topographie,l'urbanisme,les expertises,les missions confiées aux coordinateurs de chantiers en vertu de la loi du quatre août mil neuf cent nonante-six relatives au «bien-être des travailleurs lors de l'exécution de leur travail»,et à son arrêté royal d'application du vingt-cinq janvier deux mille un,et à l'exclusion de toutes opérations revêtant un caractère commercial.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FAARE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, Annexes du Moniteur belge” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Mandat de chaque administrateur, sauf décision contraire de l'assemblée générale” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Recours en cas de refus d'agrement-cession, chaque partie designe son expert mission prix de rachat par action” (deed in French)“Situation des heritiers et legataires d'actionnaire decede” (deed in French)“Recours heritiers ou legataires en cas de refus d'agrement, lettre recommandee aux administrateurs copie recommandee aux actionnaires” (deed in French)1 more provision on this in the deed
- Membership ruleWho can become a member or partner, and on what terms.
- “Illimité, nouveau candidat communique identité complète au conseil provincial compétent par lettre recommandée;délai de trente jours à dater…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 21 June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Respect des conditions prévues à l'article 2:80 du Code des sociétés et des associations, dissolution et clôture de la liquidation en un…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateurs en exercice ou un ou plusieurs liquidateurs nommés par l'assemblée générale, nombre,pouvoirs et émoluments” (deed in French)