Far Stream
ActiveFar Stream has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €51k and a net result of €50k. Its solvency ranks better than 50% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency88
Growth-
Track record67
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.95; short-term debt: 35.7% and cash: 44.4% of total assets), and 37.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
9 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€51k
Total assets
€81k
Net result
€50k
Working capital
€27k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €81k
Fixed assets
€24k
Current assets
€56k
Equity and liabilities €81k
Equity
€51k
Debt
€30k
Debt finances 37.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€67k
Cash flow
€53k
Solvency
62.7%
Current ratio
1.95
Quick ratio
1.95
Debt / equity
0.59
ROE
99.3%
ROA
62.3%
Interest coverage
813.75
Debt
€30k
Debt ≤ 1 year
€29k
Income taxes
€14k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€81k
Fixed assets21/28€24k
Tangible fixed assets22/27€24k
Plant, machinery and equipment23€11k
Furniture and vehicles24€13k
Current assets29/58€56k
Amounts receivable within one year40/41€20k
Trade receivables40€20k
Other amounts receivable41€18
Cash at bank and in hand54/58€36k
Deferred charges and accrued income490/1€354
Equity and liabilities
Total equity and liabilities10/49€81k
Equity10/15€51k
Contributions10/11€2k
Reserves13€49k
Distributable reserves133€49k
Amounts payable17/49€30k
Amounts payable within one year42/48€29k
Trade debts44€2k
Suppliers440/4€2k
Taxes, remuneration and social security45€25k
Taxes450/3€23k
Remuneration and social security454/9€3k
Other amounts payable47/48€2k
Accrued charges and deferred income492/3€1k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€2k
Gross operating margin9900€69k
Operating profit (loss)9901€64k
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€83
Recurring financial charges65€83
Profit (loss) for the period before taxes9903€64k
Income taxes67/77€14k
Profit (loss) for the period9904€50k
Profit (loss) for the period to be appropriated9905€50k
Appropriation of the result
Profit (loss) to be appropriated9906€50k
Transfer to equity691/2€49k
To other reserves6921€49k
Profit to be distributed694/7€2k
Return on contributions (dividend)694€2k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ingelmunster · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oudstrijdersstraat 228770 IngelmunsterGround area
523 m²
Building footprint
103 m²
Volume, LiDAR
577 m³
Parcel 36007C0784/00Z005, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Far Stream
since 20242.357.988.935
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007C0784/00Z005 | Flanders | 523 m² | 1 · 103 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,267 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2024
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.