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FARADAY BROTHERS

Active
Private limited companyfounded 2020active for 6 yearsVissersstraat 21, 8340 Damme, BelgiumKBO/BCE: BE 0753.610.024
Summary

FARADAY BROTHERS has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €410,755 and a net result of -€14,336. Equity is shrinking by about 25% per year across the filed financial years. Its solvency ranks better than 33% of 11,089 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
#9 company by total assets in Damme, Real estate sector1 site
Size
€3.0mtotal assets 2025
Equity
€410,755
Loss
-€14,336
Turnover not published (abbreviated format)
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Holdings
2
Accounts filed 26 days late0 of 2 deeds read
Why 81raises riskLiquidity: current ratio 0.48, cash €4,169lowers riskSize: total assets €3.0mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 03-03-2026)Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 30% of its sector peers (NACE 68, small)
Financial strength · tick = 2024
Weak
Solvency 39-5
equity 13.8% of total assets
Liquidity 38-10
short-term debt 29.1% · cash 0.1%
Profitability 33-8
return on assets -0.5%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,971 companies, NACE 68, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.5%▲ +0.2 percentage points vs 01-2025 03-2025: 0.2%▼ -0.3 percentage points vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025lowest value 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.3%▲ +0.1 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.5%▲ +0.2 percentage points vs 01-2026 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026highest value 04-2026: 0.3%▼ -0.3 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.48, compared with 1.25 in 2024; short-term debt: 29.1% and cash: 0.1% of total assets), and 86.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 33% on solvency, 32% on liquidity, 26% on profitability and 29% on growth.

The bankruptcy probability was computed on 09-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.48, cash €4,169
NBB · annual accounts
lowers risk · Size: total assets €3.0m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Figures for financial year 2025 (filed 03-03-2026)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
26 days late
2024
1 day early
2023
2 days early
2022
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 13 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 13 February (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end10-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€14,336
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Company by total assets in Damme, Real estate…in the Checked rankings #9 View
  • Total assets 20254 financial years filed €3.0m View
  • Active since 2020founded 02-09-2020 6 years View

By topic

Financials

Financial year
2025
Total assets
€3.0m
Loss
-€14,336
Solvency
13.8%
Total assets▲ 33.8%
Net result
20222025
Go to Financials

Timeline

Events
6
Since
2023
Next accounts
by 31-01-2027
  1. 29-01-2024Annual accounts filed
  2. 30-06-2023Back to profit
  3. 28-02-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
02-09-2020
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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