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FARA

Active
Non-profit associationfounded 1990active for 36 yearsGeldenaaksebaan 277, 3001 Leuven, BelgiumKBO/BCE: BE 0444.450.634
Summary

The latest annual accounts of FARA were filed more than 90 days after the deadline. The 2016 annual accounts show equity of €200,842 and a net result of -€1,856. Equity is growing by about 7.2% per year across the filed financial years. The association has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Other social work without accommodation
NACE 88999
1 site
Size
€300,942total assets 2016
Staff
3.9 FTE
Equity
€200,842
Deficit
-€1,856
Turnover not published (abbreviated format)
Financial health
Bankruptcy probabilitywithin 12 months
0.1%
2016 figures too old to score
Structure
Accounts 2999 days overdue1 of 10 deeds read
Signalsraises riskLatest accounts 238 days late; 2 of the last 3 lateFigures for financial year 2016 (filed 05-04-2018)Filed more than 90 days latelowers riskLegal form: non-profit associationLiquidity: current ratio 6.69, cash €171,590neutralNo filing for yearsShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2016 are too old to assess current financial health.
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2016 · tick = 2015
Strong
Solvency 92+17
equity 66.7% of total assets
Liquidity 99-1
short-term debt 11.7% · cash 57.0%
Profitability 36-2
return on assets -0.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (1,122 companies, NACE 88, micro)
Last 24 months 11-2024: 0.1%highest value 12-2024: 0.1%● unchanged vs 11-2024highest value 01-2025: 0.1%● unchanged vs 12-2024highest value 02-2025: 0.1%● unchanged vs 01-2025highest value 03-2025: 0.1%● unchanged vs 02-2025highest value 04-2025: 0.1%● unchanged vs 03-2025highest value 05-2025: 0.1%● unchanged vs 04-2025highest value 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025highest value 09-2025: 0.1%● unchanged vs 08-2025highest value 10-2025: 0.1%● unchanged vs 09-2025highest value 11-2025: 0.1%● unchanged vs 10-2025highest value 12-2025: 0.1%● unchanged vs 11-2025highest value 01-2026: 0.1%● unchanged vs 12-2025highest value 02-2026: 0.1%● unchanged vs 01-2026highest value 03-2026: 0.1%● unchanged vs 02-2026highest value 04-2026: 0.1%● unchanged vs 03-2026highest value 05-2026: 0.1%● unchanged vs 04-2026highest value 06-2026: 0.1%● unchanged vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Latest accounts 238 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2016 (filed 05-04-2018)
NBB · annual accounts
lowers risk · Liquidity: current ratio 6.69, cash €171,590
NBB · annual accounts
neutral · No filing for years
The last filed financial year closed on 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 8 filings
Position against the passed deadline
31-12-2017 year end31-07-2018 deadline16-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 26-03-2018, 238 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median (NACE 88) for financial year 2024 is 24 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Amendment of the articles · Resignations…Member of the association ·…
  2. Annual accounts filedfinancial year 2016 · abbreviated…
  3. Annual accounts filedfinancial year 2015 · abbreviated…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2018 2999 days late View
  • Flemish supportawarded from 2022 to 2025 €1.4m View
  • Active since 1990founded 03-10-1990 36 years View

By topic

Financials

Financial year
2016
Total assets
€300,942
Loss
-€1,856
Solvency
66.7%
Total assets▼ 6.6%
Net result
20122016
Go to Financials

Timeline

Events
13
Since
2009
  1. 31-12-2016Weakest financial year
  2. 31-12-2016Equity above €200,000
  3. 05-05-2015Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Other social work without accommodationNACE 88999
Founded
03-10-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
19
Purpose
“Vrouwen en hun omgeving te ondersteunen bij moeilijke zwangerschapskeuzes” (deed in Dutch)
Go to Articles of association

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