FARATIM

Active

Private limited companyfounded 201610 yrs activeVerbiststraat 5, 1210 Sint-Joost-ten-Node, BelgiumKBO/BCE: BE 0647.883.982

The computed 12-month bankruptcy probability of FARATIM is 4.8% (elevated). The 2025 annual accounts show equity of €30k and a net result of €146. Equity is growing by ~32.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 3668 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

50 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability43▲+23

Solvency72▲+4

Growth52=

Track record100

Bankruptcy probability, 12 months

4.8% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days only on tighter terms

Liquidity ample (current ratio 2.09 against 2.07 in 2024; short-term debt: 38.1% and cash: 7.2% of total assets), but 52.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

47.1%

Return on assets

0.2%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-07-2026, 13 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

13 d early

2024

52 d late

2023

29 d late

2022

22 d late

2021

30 d late

2020

30 d late

2019

94 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

21-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€30k▲ 0.5%

2024 · €30k

2018: €7k 2019: €-29k 2020: €-45k 2021: €-44k 2022: €9k 2023: €9k 2024: €30k

2018 → 2025

Total assets

€63k▼ 7.1%

2024 · €68k

2018: €14k 2019: €14k 2020: €15k 2021: €12k 2022: €53k 2023: €51k 2024: €68k

2018 → 2025

Net result

€146▼ 69.9%

2024 · €485

2018: €4k 2019: €-36k 2020: €-16k 2021: €941 2022: €52k 2023: €196 2024: €485

2018 → 2025

Working capital

€26k▲ 8.4%

2024 · €24k

2018: €-1k 2019: €-36k 2020: €-53k 2021: €-48k 2022: €-25k 2023: €-22k 2024: €24k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-44k-€9k€9k▲ 2.3%€30k▲ 234%€30k▲ 0.5%

Operating result€-14k-€54k€-2k€-10k▼ 422%€-3k▲ 73.0%

Net result€941-€52k▲ 5,406%€196▼ 99.6%€485▲ 147%€146▼ 69.9%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €3k in 2025 against €10k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €63k

20.4%

79.6%

Fixed assets €13k▼ 39.4%

Current assets €50k▲ 7.6%

Equity and liabilities €63k

47.1%

52.9%

Equity €30k▲ 0.5%

Debt €33k▼ 13.0%

The debt ratio falls from 56.5% to 52.9%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€6k▲

2024 · €-1k

Cash flow

€9k▼

2024 · €9k

Solvency

47.1%▲

2024 · 43.5%

Current ratio

2.09▲

2024 · 2.07

Quick ratio

1.66▲

2024 · 1.61

Debt / equity

1.13▼

2024 · 1.30

ROE

0.5%▼

2024 · 1.6%

ROA

0.2%▼

2024 · 0.7%

Interest coverage

2.88▲

2024 · -1.10

Debt

€33k▼

2024 · €38k

Debt ≤ 1 year

€24k▲

2024 · €23k

Debt > 1 year

€9k▼

2024 · €16k

Income taxes

€2k

Staff costs

€50k▲

2024 · €40k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€68k€63k▼

Formation expenses20€0€0=

Fixed assets21/28€21k€13k▼

Tangible fixed assets22/27€21k€13k▼

Plant, machinery and equipment23€5k€3k▼

Furniture and vehicles24€16k€10k▼

Financial fixed assets28€99€99=

Current assets29/58€47k€50k▲

Stocks and contracts in progress3€10k€10k=

Stocks30/36€10k€10k=

Amounts receivable within one year40/41€33k€35k▲

Other amounts receivable41€33k€35k▲

Cash at bank and in hand54/58€4k€5k▲

Deferred charges and accrued income490/1€89-

Equity and liabilities

Total equity and liabilities10/49€68k€63k▼

Equity10/15€30k€30k▲

Contributions10/11€6k€6k=

Outside capital11€6k€6k=

Other1109/19€6k€6k=

Reserves13€58€58=

Non-distributable reserves130/1€58€58=

Reserves not available under the articles1311€58€58=

Profit (loss) carried forward14€23k€24k▲

Amounts payable17/49€38k€33k▼

Amounts payable after more than one year17€16k€9k▼

Financial debts170/4€16k€9k▼

Amounts payable within one year42/48€23k€24k▲

Financial debts43€1k-

Credit institutions430/8€1k-

Trade debts44€15k€14k▼

Suppliers440/4€15k€14k▼

Taxes, remuneration and social security45€7k€10k▲

Taxes450/3€7k€8k▲

Remuneration and social security454/9€0€2k▲

Income statement Code20242025

Remuneration, social security and pensions62€40k€50k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k▼

Other operating charges640/8€440€359▼

Gross operating margin9900€39k€56k▲

Operating profit (loss)9901€-10k€-3k▲

Financial income75/76B€12k€7k▼

Recurring financial income75€2k€7k▲

Non-recurring financial income76B€10k€7k▼

Financial charges65/66B€1k€2k▲

Recurring financial charges65€1k€2k▲

Profit (loss) for the period before taxes9903€485€2k▲

Income taxes67/77-€2k

Profit (loss) for the period9904€485€146▼

Profit (loss) for the period to be appropriated9905€485€146▼

Appropriation of the result

Profit (loss) to be appropriated9906€23k€24k▲

Profit (loss) brought forward from the previous period14P€23k€23k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

18-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

21-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 52 days late

2024

31-12

Financial Liquidity quadruplescurrent ratio 2.07

Current ratio from 0.49 to 2.07; short-term debt falls from €42k to €23k.

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

22-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 22 days late

2022

31-12

Financial Highest result since 2018net €52k ▲5406%

Operating result €54k, net result €52k, both a record.

30-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 30 days late

2021

31-12

Financial Back to profitnet €941

Net result €941 after 2 loss-making years.

30-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 30 days late

2020

02-11

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 94 days late

2019

31-12

Financial Weakest financial yearnet €-36k ▼1137%

Net result drops to €-36k, the lowest in the series; recovery starts the following year.

31-10

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 92 days late

2018

29-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 29 days late

2017

28-10

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 89 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Sint-Joost-ten-Node · 3 establishment units since 2016

establishment All 3 establishment units on the map

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.

Verbiststraat 51210 Sint-Joost-ten-Node

Ground area

5,975 m²

Building footprint

1,638 m²

Volume, LiDAR

36,250 m³

3 parcels, Brussels, Flanders · tallest building 42.9 m, ±13 floors. Linked by address, not a title deed.

3 establishment units

FARATIM

Verbiststraat 5, 1210 Sint-Joost-ten-NodeOther postal and courier activities

since 20162.250.056.738

MTNETCLEAN

Pegasuslaan 5, 1831 Machelen (Brab.)General cleaning of buildings

since 20242.365.764.276

MT CONVOYAGE SERVICE

Provencewandelwegen 36, 1140 EvereFreight transport by road

since 20262.383.865.664

3 parcels

Flanders 1 (33.3%) Brussels 2 (66.7%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23015B0091/00S003	Flanders	4,582 m²	1 · 1,166 m²	22.4 m · 6 fl.
21372D0180/00G005	Brussels	1,269 m²	1 · 350 m²	42.9 m · 13 fl.
21572B0054/00D003	Brussels	124 m²	1 · 122 m²	20.7 m · 5 fl.