FAR LOGISTICS
The computed 12-month bankruptcy probability of FAR LOGISTICS is 5.1% (elevated). The 2023 annual accounts show negative equity (€-312k) and a net result of €-317k. Its solvency ranks better than 9% of 90 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-312k |
| Net result | €-317k |
| Staff (FTE) | 2.5 |
| Better than sector | 9% |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -36.1% | 15.6% | |
| Net result | €-317k | €25k | |
| Equity | €-312k | €120k | |
| Gross operating margin | €-55k | €262k | |
| Staff costs | €193k | €282k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-306k |
| Net profit | €-317k |
| Cash flow | €-315k |
| Staff costs | €193k |
| Income taxes | - |
| Dividends | - |
| Total assets | €862k |
| Equity | €-312k |
| Debt | €1.17M |
| of which ≤ 1y | €1.17M |
| of which > 1y | - |
| Working capital | €-401k |
| Employees (FTE) | 2.5 |
| 2023 | |
|---|---|
| Current ratio | 0.66 |
| Quick ratio | 0.66 |
| Working capital ratio | -46.5% |
| Solvency | -36.1% |
| Debt / equity | -3.77 |
| Long-term debt ratio | - |
| Interest coverage | -34.57 |
| Gross margin | - |
| Net margin | - |
| ROA | -36.7% |
| ROE | 101.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €862k |
| Fixed assets | 21/28 | €90k |
| Tangible fixed assets | 22/27 | €6k |
| Financial fixed assets | 28 | €84k |
| Current assets | 29/58 | €772k |
| Amounts receivable within one year | 40/41 | €702k |
| Cash & bank | 54/58 | €60k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €862k |
| Equity | 10/15 | €-312k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-317k |
| Amounts payable | 17/49 | €1.17M |
| Amounts payable within one year | 42/48 | €1.17M |
| Trade debts payable within one year | 44 | €608k |
| Income statement | ||
| Gross operating margin | 9900 | €-55k |
| Operating result | 9901 | €-308k |
| Financial income | 75 | €144 |
| Financial charges | 65 | €9k |
| Result before taxes | 9903 | €-317k |
| Net result for the period | 9904 | €-317k |
| Result to be appropriated | 9905 | €-317k |
| NACE primary | 52250 |
| Legal form | Private limited company(610) |
| Incorporation | 29-08-2022 |
| Status | Active |
| Postal code | 2000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A1669/00D000 | Flanders | 268 m² | 1 · 247 m² | 23.6 m · 7 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
05-03-2025 Sébastien Deckers appointed as statutory auditor
- Sébastien Deckers, Commissaris
Technical details
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"name": "S\u00E9bastien Deckers",
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"subkind": "additional",
"via_org": {
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"evidence_quote": "Het mandaat van commissaris is toevertrouwd aan RSM INTERAUDIT BV voor een periode van drie jaar (boekjaren 2023, 2024 en 2025). RSM INTERAUDIT BV heeft de heer S\u00E9bastien Deckers, bedrijfsrevisor, aangesteld als vertegenwoordiger voor de uitoefening van dit mandaat.",
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"evidence_quote": "Uittreksel uit het verslag van de bijzondere algemene vergadering van 13 september 2024.",
"decharge_status": "granted",
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"filing_date": "2024-09-13",
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"is_correction": false,
"subject_company": {
"kbo": "0790.190.902",
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},
"publication_proxy": {
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"person_name": null,
"org_rep_person_name": "Maxime Heylen",
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}03-06-2024 Registered office moved from Berchem to Antwerpen
- Uitbreidingstraat 84 bus 3, 2600 Berchem → Jordaenskaai 23
Technical details
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"events": [
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"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
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"street": "Jordaenskaai",
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"postcode": "2000",
"box_number": null,
"street_number": "23",
"locality_suffix": null
},
"old_address": {
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"postcode": "2600",
"box_number": "3",
"street_number": "84",
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},
"effective_date": "2024-02-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
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],
"notary": {
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"act_meta": {
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"filing_date": "2024-02-01",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
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},
"co_filed_documents": [
"Uittreksel uit het verslag van het bestuursorgaan van 1 februari 2024"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | FAR LOGISTICS |