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FAQIR Institute

Active
Private limited companyfounded 2022active for 4 yearsKoutergatstraat 2, 1703 Dilbeek, BelgiumKBO/BCE: BE 0786.609.226
Summary

FAQIR Institute has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€199,719) and a net result of -€348,181. Equity has been shrinking by about 19% per year since 2023. Its solvency ranks better than 9% of 8,584 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 30-05-2022 Normal situation
Activity
Market research and public opinion polling NACE 73200and 2 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment units
2.331.714.407 1703 Dilbeek, since 30-05-2022
2.360.859.937 9050 Gent, since 03-06-2024
Financial year end
31 December
Peppol
Reachable since 16-09-2025

Board and ownership

Board
  • COFOLChair · permanent representative Hans Simon Constandt
  • Menapi InformaticsDirector · since 24-05-2022 · permanent representative Filip Marcel Richard Pattyn

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
-€119,440
▼ 71.8%
Loss
€348,181
▲ 77.4%
Equity
-€199,719
▲ 37.7%
Total assets
€786,899
▲ 235%
Employees on 31-12-2025
3
=
  • Negative equity on 31-12-2025
  • 2025 accounts filed 29 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: negative equityNegative equity -€199,719Loss of €348,181, the second in a row (financial year 2025)lowers riskSize: total assets €786,899Liquidity: current ratio 1.30, cash €473,888Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 35% of micro companies in advertising and market research (NACE 73)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -25.4% of total assets
Liquidity 59+39
short-term debt 75.2% · cash 60.2%
Profitability 0=
return on assets -44.2%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,227 companies, NACE 73, micro)
Last 24 months 12-2024: 1.8% 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.7%▼ -0.1 percentage points vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.7%● unchanged vs 04-2025 06-2025: 1.7%● unchanged vs 05-2025 07-2025: 1.7%● unchanged vs 06-2025 08-2025: 2.5%▲ +0.8 percentage points vs 07-2025 09-2025: 1.9%▼ -0.6 percentage points vs 08-2025 10-2025: 1.9%● unchanged vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.7%▼ -0.2 percentage points vs 01-2026 03-2026: 1.6%▼ -0.1 percentage points vs 02-2026 04-2026: 1.6%● unchanged vs 03-2026 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.7%▲ +0.1 percentage points vs 06-2026 08-2026: 2.5%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 0.8%▼ -1.7 percentage points vs 08-2026lowest value 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
No credit on open account
Liquidity is tight, with a current ratio of 1.3 (1.13 in 2024), below the usual 1.5. Short-term debt is 75.2% and cash 60.2% of total assets. Equity is negative.
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 5% of them on solvency, 51% on liquidity, 6% on profitability and 79% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Negative equity -€199,719
NBB · annual accounts
raises risk · Loss of €348,181, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €786,899
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.30, cash €473,888
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€199,719
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
29 days late
2024
on the day
2023
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 19 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 29 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€199,719 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€348,181 View
  • Caution: Result fell in 2025from -€196,243 to -€348,181 ▼ 77.4% View
  • Caution: Lower net result than 95% of companies in advertising and market researchsector median €14,905 · 8,585 companies -€348,181 View
  • Flemish supportawarded from 2023 to 2025 €395,102 View

Recent changes

  1. · Gazette deed Capital & shares
  2. · Gazette deed Amendment of the articles · Miscellaneous
  3. · Gazette deed IncorporationStarting capital €40,000 · Appointments: MENAPI INFORMATICS (director) and COFOL (director) · Permanent representatives: Filip Marcel Richard Pattyn and Hans Simon Constandt
All 7 events

Comparable companies

These companies have the same main activity as FAQIR Institute: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €103,000 and €1.9m, founded between 2017 and 2023.

CompanyTotal assetsGross margin
FAQIR Institute Dilbeek€0.8m-€0.1m
Phytant Wingene€0.8m-€0.002m
Cross Mediaal Consortium Vilvoorde€1.0m-
AGVANTAGE Aartselaar€0.1m€0.002m
Hommes et Terre Global Mortsel€1.3m-€0.1m
Fellow Consulting Scherpenheuvel-Zichem€0.1m-€337
Sustainable Impact Leuven€1.9m-€0.3m
Full comparison

Key facts about FAQIR Institute

What is the company number of FAQIR Institute?
The company number of FAQIR Institute is 0786.609.226. The VAT number is the same number with BE in front: BE 0786.609.226.
Where is FAQIR Institute based?
The registered office is at Koutergatstraat 2, 1703 Dilbeek.Company details
What does FAQIR Institute do?
According to the KBO register, the main activity is market research and public opinion polling (NACE 73200).
What is the legal form of FAQIR Institute?
The legal form of FAQIR Institute is Private limited company (BV).
When was FAQIR Institute founded?
FAQIR Institute was founded on 30-05-2022.
Is FAQIR Institute still active?
Yes, FAQIR Institute is an active enterprise in the KBO register.
How many employees does FAQIR Institute have?
FAQIR Institute had an average of 3.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FAQIR Institute fall under?
In its 2025 annual accounts, FAQIR Institute states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of FAQIR Institute?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
Is FAQIR Institute profitable?
In financial year 2025, FAQIR Institute made a loss of €348,181.
Where can I find the annual accounts of FAQIR Institute?
FAQIR Institute filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FAQIR Institute due?
FAQIR Institute must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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