Liquidity
10.28 was 4.84 in 2024
Short-term debts fell from €7,846 to €3,506.
Farah
Lifetime
9 annual accounts with figures on one time axispeak €29,153 (2022)
€11,906▼ 28.8%
lowest -€7,246 (2018)
€105▲ €1,818
peak €40,026 (2022)
€33,541▲ 0.3%
€3,506▼ 55.3%
peak 1.5 FTE (2017)
-not published
Board2 names since 2016
2 directors and 1 other
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from €16,730 to €11,906Back to profit: €105Debts from €7,846 to €3,506
Key points
from the 2025 annual accountsFilings
9 annual accounts 7 late
The 2017 accounts came latest: 92 days after the end of the period.
Position in the sector
90.5%
Higher solvency than 95% of companies in food and beverage service. Sector median 29.7% · 18,509 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 10,915 companies had the same profile as Farah has now. Each dot stands for 28 companies, two years later.
95.0%
were still trading
4.1%
stopped another way
0.7%
went bankrupt
Another 0.1% 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 10,915 companies, not a prediction for Farah. 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
Board and ownership
Director, since 01-07-2016
Manager, since 01-07-2016
- founderdeed of 05-07-2016
- founderdeed of 05-07-2016
- founderdeed of 05-07-2016
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0657895075
Change of role: , from manager to director
Gazette deed
Incorporation
Founding capital of €18,600, 186 shares, €6,200 paid up · Founders: (founder and partner), (founder and partner) and (founder and partner) · Appointment: (manager) · published on 05-07-2016 · Gazette deed
First establishment
De Pelikaan, Dorpsplaats 1, Boechout
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Farah Boechout | €37,048 | €11,906 | 90.5% | - |
| Paris Lounge Antwerp | €32,985 | €10,395 | -50.3% | - |
| AURIGA Essen | €38,044 | €12,277 | 48.6% | - |
| WINE DINE & 69 Diest | €33,542 | €14,090 | 0.1% | - |
| Patrick NIESSEN Zutendaal | €33,913 | €9,442 | 4.4% | - |
| ADAM& Mol | €43,317 | €15,408 | 41.8% | - |
| 't Goed Voorbeeld Lier | €46,677 | €19,310 | -19.3% | - |
These companies have the same main activity as Farah: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €33,000 and €46,700, founded between 2014 and 2017.
Official details
Source: KBO- Status
- Active since 01-07-2016Normal situation
- Activity
- Cafés and barsNACE 56301and 2 others
- Establishment unit
- 2.255.142.5082531 Boechout, since 01-07-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2025
Annual accounts 2025
- ≈ €120,000estimated
- €37,048▼ 10.3%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on Farah
Farah files the micro format. That format states no turnover. The gross margin fell from €22,397 in 2017 to €11,906 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 Farah
- What is the company number of Farah?
- The company number of Farah is 0657.895.075. The VAT number is the same number with BE in front: BE 0657.895.075.
- Where is Farah based?
- The registered office is at Dorpsplaats 1, 2531 Boechout.Company details
- What does Farah do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of Farah?
- Farah is a private limited company (BV).
- When was Farah founded?
- Farah was founded on 01-07-2016.
- Is Farah still active?
- Yes, Farah is an active enterprise in the KBO register.
- How many employees does Farah have?
- Farah had an average of 2.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Farah?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €11,906 and 100 comparable companies (NACE 56301). It probably lies between €60,000 and €270,000. It is a rough estimate.
- Is Farah profitable?
- In financial year 2025, Farah made a profit of €105.
- Where can I find the annual accounts of Farah?
- Farah filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Farah due?
- Farah must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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