Equity
€101,770 ▲ 101%
Equity rose in 2025 from €50,602 to €101,770.
Far Stream
Lifetime
2 annual accounts with figures on one time axispeak €77,856 (2025)
€77,856▲ 13.4%
peak €52,834 (2025)
€52,834▲ 5.1%
peak €101,770 (2025)
€101,770▲ 101%
€14,621▼ 51.4%
Board1 name since 2024
1 directorVERBEKE Thijs
Documentsfilings and deeds
29-09-202660 days late
2025abbreviated format
Gross margin from €68,639 to €77,856Dividend €1,666Equity from €50,602 to €101,770Debts from €30,071 to €14,621Cash from €35,809 to €64,099
Key points
from the 2025 annual accountsLiquidity
6.51 was 1.95 in 2024
Short-term debts fell from €28,835 to €14,621.
Position in the sector
87.4%
Higher solvency than 87% of companies in computer programming and consultancy. Sector median 46.4% · 3,406 companies.
2025 accounts filed 60 days after the deadline
Checked score
98
Excellent
Financially stronger than 87% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 0.4%
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.4 percentage points vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%▲ +0.1 percentage points vs 08-2026
10-2026: < 0.1%▼ -0.2 percentage points vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 60 days late; 1 of the last 3 accounts late
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 6.51, cash €64,099
Equity €101,770 (87.4% of total assets)
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 62, micro). It does better than 85% of them on solvency, 90% on liquidity, 82% on profitability and 90% 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, 39,278 companies had the same profile as Far Stream has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Far Stream itself is lower: < 0.1% within 12 months. It rests on far more data about Far Stream 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 39,278 companies, not a prediction for Far Stream. 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 €9,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 6.51 (1.95 in 2024), above the usual 1.5. Short-term debt is 12.6% and cash 55.1% of total assets. 12.6% 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
Six signals.
lowers riskraises risk
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 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 · 2 filingsDeviation from the deadline
2025
60 days late
2024
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 26 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007783379
Incorporation
Founder: VERBEKE Thijs · 100 shares · Appointment: VERBEKE Thijs (director) · published on 03-04-2024 · Gazette deed
First establishment
Oudstrijdersstraat 22, Ingelmunster
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Far Stream Ingelmunster | €116,391 | €77,856 | 87.4% | - |
| Vastech Kortrijk | €114,594 | €75,963 | 81.1% | - |
| Bytecrafters IT Consultancy Waregem | €111,313 | €78,100 | 54.1% | - |
| JALCON Zwevegem | €119,834 | €76,059 | 77.2% | - |
| THOEN IT CONSULTANCY Izegem | €119,588 | €83,373 | 25.6% | - |
| MINDTACK Oostkamp | €123,919 | €74,147 | 48.0% | - |
| PRAGMACT Tielt | €123,064 | €66,472 | 51.7% | - |
These companies have the same main activity as Far Stream: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €111,000 and €124,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 29-03-2024Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 2 others
- Establishment unit
- 2.357.988.9358770 Ingelmunster, since 29-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 17-06-2025
Insights on Far Stream
Far Stream has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,770 and a net result of €52,834.
Its solvency ranks better than 88% of 3,406 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
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 Far Stream
- What is the company number of Far Stream?
- The company number of Far Stream is 1007.783.379. The VAT number is the same number with BE in front: BE 1007.783.379.
- Where is Far Stream based?
- The registered office is at Oudstrijdersstraat 22, 8770 Ingelmunster.Company details
- What does Far Stream do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of Far Stream?
- Far Stream is a private limited company (BV).
- When was Far Stream founded?
- Far Stream was founded on 29-03-2024.
- Is Far Stream still active?
- Yes, Far Stream is an active enterprise in the KBO register.
- What is the turnover of Far Stream?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €77,856 and 56 comparable companies (NACE 62200). It probably lies between €150,000 and €360,000.Financials
- Is Far Stream profitable?
- In financial year 2025, Far Stream made a profit of €52,834.
- Where can I find the annual accounts of Far Stream?
- Far Stream filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Far Stream due?
- Far Stream must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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