Equity
€18,600 ▼ 40.8%
FAES WORKS paid out €13,437 in dividends. That is 2,235% of the 2025 profit.
FAES WORKS
Lifetime
9 annual accounts with figures on one time axispeak €122,277 (2022)
€5,772▲ €21,651
lowest -€32,022 (2018)
€601▲ €22,771
peak €53,605 (2023)
€18,600▼ 40.8%
€32,390▲ 32.4%
Board1 name since 2016
1 directorFaes Philippe
Documentsfilings and deeds
19-06-202642 days before the deadline
2025micro format
Gross margin from -€15,879 to €5,772Back to profit: €601Dividend €13,437Equity from €31,436 to €18,600Debts from €24,463 to €32,390
Key points
from the 2025 annual accountsChecked score
86
Excellent
Financially stronger than 28% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026highest value
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.2%▼ -0.2 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Size: total assets €50,990
lowers risk
Liquidity: current ratio 1.37, cash €11,369
Sector: Advertising, market research and public relations activities (NACE 73)
Figures for financial year 2025 (filed on 19-06-2026)
Calculation
The band follows from the bankruptcy probability. 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 73, micro). It does better than 38% of them on solvency, 29% on liquidity, 29% on profitability and 16% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as FAES WORKS has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
The bankruptcy probability of FAES WORKS itself is lower: 0.2% within 12 months. It rests on far more data about FAES WORKS than the profile alone.
Test of the method
The method was tested on the 497,447 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 5,047 companies, not a prediction for FAES WORKS. 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
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.37 (1.88 in 2024), below the usual 1.5. Short-term debt is 61% and cash 22.3% of total assets. 63.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 19-06-2026, 42 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
42 days early
2024
44 days early
2023
43 days early
2022
48 days early
2021
115 days late
2020
31 days late
2019
60 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Company renamed from randori to FAES WORKS
“Het verstrekken van advies,begeleiding en interim-management in het domein van…” (deed in Dutch) · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0667586266
Change of role: Faes Philippe, from manager to director
Director discharge: Faes Philippe · General meeting of 06-12-2023 · Gazette deed
Registered office moved within Ghent
New registered office: Aaigemstraat 123, 9000 Gent · Previous registered office: Sint-Denijslaan 137, 9000 Gent · Board meeting of 14-02-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FAES WORKS Ghent | €50,990 | €5,772 | 36.5% | - |
| EVI DE GREVE Aalst | €57,909 | €8,129 | 70.2% | - |
| Delatan Etterbeek | €39,914 | €6,456 | 34.8% | - |
| MDR & Co Uccle | €40,497 | €6,081 | -96.8% | - |
| JOHN DOE GROUP Lasne | €53,916 | €6,163 | 60.2% | - |
| Eforce Rixensart | €37,225 | €7,499 | 68.5% | - |
| DOMINIQUE LACROIX Brussels | €63,534 | €7,972 | 69.9% | - |
These companies have the same main activity as FAES WORKS: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €37,200 and €63,500, founded between 2014 and 2017.
Official details
Source: KBO- Status
- Active since 09-12-2016Normal situation
- Activity
- Public relations and communication consultancyNACE 73300and 2 others
- Establishment unit
- 2.259.527.3049000 Ghent, since 09-12-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Annual accounts 2025
- €50,990▼ 8.8%
- Filing
- Filed on 19-06-2026, 42 days before the end of the filing period
Insights on FAES WORKS
FAES WORKS files the micro format. That format states no turnover. The gross margin rose from -€22,190 in 2017 to €5,772 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 FAES WORKS
- What is the company number of FAES WORKS?
- The company number of FAES WORKS is 0667.586.266. The VAT number is the same number with BE in front: BE 0667.586.266.
- Where is FAES WORKS based?
- The registered office is at Aaigemstraat 123, 9000 Ghent.Company details
- What does FAES WORKS do?
- According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
- What is the legal form of FAES WORKS?
- FAES WORKS is a private limited company (BV).
- When was FAES WORKS founded?
- FAES WORKS was founded on 09-12-2016.
- Is FAES WORKS still active?
- Yes, FAES WORKS is an active enterprise in the KBO register.
- What is the turnover of FAES WORKS?
- The turnover in financial year 2025 is ≈ €36,000. This figure is estimated from the gross margin of €5,772 and 40 comparable companies (NACE 73300). It probably lies between €15,000 and €59,000. It is a rough estimate.Financials
- Is FAES WORKS profitable?
- In financial year 2025, FAES WORKS made a profit of €601.
- Where can I find the annual accounts of FAES WORKS?
- FAES WORKS filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FAES WORKS due?
- FAES WORKS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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