Farao Ekeren
Open bankruptcyA bankruptcy procedure is open for Farao Ekeren according to publications in the Belgian State Gazette; curator: BENNY GOOSSENS. The 2023 annual accounts show equity of €27k and a net result of €-20k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 04-07-2024, 27 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
27 d early
2022
70 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€27k▼ 42.5%
2022 · €47k
2022: €47k
2022 → 2023
Total assets
€46k▼ 29.8%
2022 · €65k
2022: €65k
2022 → 2023
Net result
€-20k
2022 · €45k
2022: €45k
2022 → 2023
Working capital
€27k▼ 42.5%
2022 · €46k
2022: €46k
2022 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023Trend
Equity€47k-€27k▼ 42.5%
Operating result€57k-€-21k
Net result€45k-€-20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €21k after €57k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €46k
Fixed assets
€452▼ 41.2%
Current assets
€45k▼ 29.7%
Equity and liabilities €46k
Equity
€27k▼ 42.5%
Debt
€19k▲ 3.0%
The debt ratio rises from 27.9% to 40.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-21k▼
2022 · €57k
Cash flow
€-20k▼
2022 · €45k
Solvency
59.1%▼
2022 · 72.1%
Current ratio
2.42▼
2022 · 3.55
Quick ratio
2.42▼
2022 · 3.55
Debt / equity
0.69▲
2022 · 0.39
ROE
-73.8%▼
2022 · 95.8%
ROA
-43.6%▼
2022 · 69.1%
Interest coverage
-78.46▼
2022 · 117.61
Debt
€19k▲
2022 · €18k
Debt ≤ 1 year
€19k▲
2022 · €18k
Income taxes
€0▼
2022 · €12k
Staff costs
€0▼
2022 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€65k€46k▼
Fixed assets21/28€769€452▼
Tangible fixed assets22/27€769€452▼
Plant, machinery and equipment23€769€452▼
Current assets29/58€65k€45k▼
Amounts receivable within one year40/41€29k€44k▲
Trade receivables40€25k€20k▼
Other amounts receivable41€4k€24k▲
Cash at bank and in hand54/58€35k€1k▼
Equity and liabilities
Total equity and liabilities10/49€65k€46k▼
Equity10/15€47k€27k▼
Contributions10/11€2k€2k=
Reserves13€45k€25k▼
Distributable reserves133€45k€25k▼
Amounts payable17/49€18k€19k▲
Amounts payable within one year42/48€18k€19k▲
Trade debts44€1k€7k▲
Suppliers440/4€1k€7k▲
Taxes, remuneration and social security45€13k€12k▼
Taxes450/3€12k€12k=
Remuneration and social security454/9€1k€0▼
Other amounts payable47/48€4k€0▼
Income statement
Code20222023
Remuneration, social security and pensions62€18k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€181€317▲
Other operating charges640/8€2k€905▼
Gross operating margin9900€78k€-20k▼
Operating profit (loss)9901€57k€-21k▼
Financial income75/76B€197€1k▲
Recurring financial income75€197€1k▲
Financial charges65/66B€486€265▼
Recurring financial charges65€486€265▼
Profit (loss) for the period before taxes9903€57k€-20k▼
Income taxes67/77€12k€0▼
Profit (loss) for the period9904€45k€-20k▼
Profit (loss) for the period to be appropriated9905€45k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€-20k▼
Transfer from equity791/2-€20k
Transfer to equity691/2€45k€0▼
To other reserves6921€45k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
09-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · FARAO EKEREN BV KAPELSE- STEENWEG 289, 2180 EKEREN (ANTWERPEN) · event 03-02-2026
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
SignalNBB filing
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kapelsesteenweg 2892180 AntwerpenGround area
142 m²
Building footprint
259 m²
Volume, LiDAR
1,369 m³
Parcel 11363E0033/00G013, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Farao Ekeren
since 20222.326.890.141
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11363E0033/00G013 | Flanders | 142 m² | 1 · 259 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BENNY GOOSSENS MARKTPLEIN 22, 2110 WIJNEGEM- |
03-02-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.326.890.141
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 8,332 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-2022
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.