FARA
ActiveFrom the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette
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).
Financials · financial year 2016, abbreviated format
2017 annual accounts not yet filed, deadline passed on 31 July 2018 Financial year closed on 31 December 2017; filing due at the latest 7 months after the close (Companies Code art. 3:10). 9 financial years without a filing since the last one filed. Source: NBB filings, as of 1 November 2026.
Annual accounts 2016
- Financial year ended
- 31-12-2016
- Filed on
- 26-03-2018
- Format
- abbreviated format
- Reference
- 2018-08200213
2012 to 2016, 5 financial years 2012 to 2016, 5 financial years
The operating result stays negative: a loss of €21,771 in 2016 against €30,584 in 2015; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,745 | €547 | €1,093 | €1,278 | €1,307 | ▲ 2.2% |
| Gross operating margin9900 | €230,277 | €240,146 | €234,902 | €222,396 | €194,712 | ▼ 12.4% |
| Operating profit (loss)9901 | -€13,691 | €5,211 | €3 | -€30,584 | -€21,771 | ▲ 28.8% |
| Recurring financial income75 | €1,526 | €1,062 | €594 | €172 | €139 | ▼ 19.1% |
| Recurring financial charges65 | €104 | €146 | €166 | €197 | €216 | ▲ 9.7% |
| Profit (loss) for the period before taxes9903 | -€12,269 | €6,126 | €431 | -€30,609 | -€21,848 | ▲ 28.6% |
| Profit (loss) for the period9904 | €3,217 | €20,855 | €300 | €269 | -€1,856 | - |
| Profit (loss) for the period to be appropriated9905 | - | €20,855 | €300 | €269 | -€1,856 | - |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €275,899 | €274,737 | €301,216 | €322,349 | €300,942 | ▼ 6.6% |
| Fixed assets21/28 | €66,233 | €65,687 | €67,455 | €66,738 | €65,431 | ▼ 2.0% |
| Tangible fixed assets22/27 | €1,315 | €769 | €2,537 | €1,820 | €513 | ▼ 71.8% |
| Financial fixed assets28 | €64,918 | €64,918 | €64,918 | €64,918 | €64,918 | = |
| Current assets29/58 | €209,665 | €209,050 | €233,761 | €255,611 | €235,510 | ▼ 7.9% |
| Amounts receivable within one year40/41 | €27,286 | €24,449 | €60,843 | €59,816 | €60,535 | ▲ 1.2% |
| Cash at bank and in hand54/58 | €182,379 | €182,611 | €171,209 | €193,158 | €171,590 | ▼ 11.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €275,899 | €274,737 | €301,216 | €322,349 | €300,942 | ▼ 6.6% |
| Equity10/15 | €141,274 | €162,129 | €162,429 | €162,698 | €200,842 | ▲ 23.4% |
| Profit (loss) carried forward14 | €19,161 | €40,016 | €40,316 | €40,585 | €38,729 | ▼ 4.6% |
| Provisions and deferred taxes16 | €81,952 | €79,918 | €108,918 | €124,918 | €64,918 | ▼ 48.0% |
| Amounts payable17/49 | €52,672 | €32,690 | €29,869 | €34,734 | €35,182 | ▲ 1.3% |
| Amounts payable within one year42/48 | €52,672 | €32,690 | €29,869 | €30,039 | €35,182 | ▲ 17.1% |
| Trade debts44 | €27,923 | €9,563 | €5,233 | €7,579 | €11,801 | ▲ 55.7% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,217 | €20,855 | €300 | €269 | -€1,856 | - |
| + Depreciation and write-downs630 | €1,745 | €547 | €1,093 | €1,278 | €1,307 | ▲ 2.2% |
| Operating cash flow (approximation) | €4,962 | €21,402 | €1,393 | €1,547 | -€549 | - |
| Investment in fixed assets (approximation) | - | €0 | -€2,861 | -€562 | €0 | - |
| Change in cash | - | €232 | -€11,403 | €21,949 | -€21,568 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2016 | abbreviated format | 26-03-2018 | 2018-08200213 | |
| 31-12-2015 | abbreviated format | 09-06-2017 | 2017-16500199 | |
| 31-12-2014 | abbreviated format | 05-05-2015 | 2015-11700119 | |
| 31-12-2013 | abbreviated format | 20-05-2014 | 2014-13600113 | |
| 31-12-2012 | abbreviated format | 11-06-2013 | 2013-18100494 | |
| 31-12-2011 | abbreviated format | 24-09-2012 | 2012-58200463 | |
| 31-12-2010 | abbreviated format | 24-09-2012 | 2012-58200460 | |
| 31-12-2008 | abbreviated format | 30-06-2009 | 2009-33200171 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €1.4m awarded · €1.4m paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €355,938 | €355,938 |
| 2024 | 1 | €347,808 | €347,808 |
| 2023 | 1 | €330,507 | €330,507 |
| 2022 | 1 | €318,629 | €318,629 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.