Losses
-€170,107 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
FARA
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1992peak €393,540 (2022)
€79,949▲ 6.8%
lowest -€91,822 (2024)
-€78,284▲ €13,538
peak €793,822 (2023)
€623,715▼ 11.2%
€1.2m▲ 33.2%
Board3 names since 2016
1 director
Documentsfilings and deeds
14-07-202617 days before the deadline
2025micro format
Loss of €78,284Debts from €887,205 to €1.2mInvestments €248,329Cash from €72,626 to €277,949
Key points
from the 2025 annual accountsInvestments
€248,329 1.9 × depreciation
Green is investment, beige is depreciation.
Filings
34 annual accounts since 1992
Eight of the last ten came late. The 2022 accounts came latest: 52 days after the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,613 companies had the same profile as FARA has now. Each dot stands for 22 companies, two years later.
94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 8,613 companies, not a prediction for FARA. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0447110612
Algemene Vergadering - Boekjaar
Gazette deed
1 director resigning, 2 reappointments
Reappointments: and · Change of role: , from director to sole director · Resignation: · Gazette deed
1 director appointed, 1 resignation, 1 reappointment
Resignation: · Reappointment: (chair of the board and managing director) · Appointment: · General meeting of 30-06-2017 · Gazette deed
Official details
Source: KBO- Status
- Active since 23-03-1992Normal situation
- Activity
- “Het verwerven,inrichten,herstellen en tot waarde brengen,beheren,verhuren of laten gebruiken op alle mogelijke wijzen,van gebouwde…” (deed in Dutch)From the articles, 6 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.062.602.1598300 Knokke-Heist, since 28-06-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 29-07-2025
Annual accounts 2025
- ≈ €240,000estimated
- €1.9m▲ 12.2%
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on FARA
FARA files the micro format. That format states no turnover. The gross margin fell from €120,288 in 2006 to €79,949 in 2025.
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 FARA
- What is the company number of FARA?
- The company number of FARA is 0447.110.612. The VAT number is the same number with BE in front: BE 0447.110.612.
- Where is FARA based?
- The registered office is at Zeedijk-Knokke 544, 8300 Knokke-Heist.Company details
- What is the legal form of FARA?
- FARA is a public limited company (NV).
- When was FARA founded?
- FARA was founded on 23-03-1992.
- Is FARA still active?
- Yes, FARA is an active enterprise in the KBO register.
- What is the turnover of FARA?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €79,949 and 2,666 comparable companies of the same size. It probably lies between €160,000 and €420,000. It is a rough estimate.Financials
- Is FARA profitable?
- In financial year 2025, FARA made a loss of €78,284.
- Where can I find the annual accounts of FARA?
- FARA filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FARA due?
- FARA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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