Faray Trans
A bankruptcy procedure is open for Faray Trans according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €47k and a net result of €25k.
| Equity | €47k |
| Net result | €25k |
| Staff (FTE) | 6.2 |
| Better than sector | 27% |
Fragile profile — watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 11.5% | 29.1% | |
| Net result | €25k | €8k | |
| Equity | €47k | €20k | |
| Gross operating margin | €214k | €40k | |
| Staff costs | €147k | €76k |
| Fiscal year | 2021 |
|---|---|
| Revenue | — |
| EBITDA | €62k |
| Net profit | €25k |
| Cash flow | €47k |
| Staff costs | €147k |
| Income taxes | €10k |
| Dividends | — |
| Total assets | €408k |
| Equity | €47k |
| Debt | €361k |
| of which ≤ 1y | €301k |
| of which > 1y | €61k |
| Working capital | €-5k |
| Employees (FTE) | 6.2 |
| 2021 | |
|---|---|
| Current ratio | 0.98 |
| Quick ratio | 0.98 |
| Working capital ratio | -1.1% |
| Solvency | 11.5% |
| Debt / equity | 7.66 |
| Long-term debt ratio | 1.29 |
| Interest coverage | 11.80 |
| Gross margin | — |
| Net margin | — |
| ROA | 6.1% |
| ROE | 52.8% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €408k |
| Fixed assets | 21/28 | €112k |
| Tangible fixed assets | 22/27 | €111k |
| Financial fixed assets | 28 | €900 |
| Current assets | 29/58 | €296k |
| Amounts receivable within one year | 40/41 | €291k |
| Cash & bank | 54/58 | €5k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €408k |
| Equity | 10/15 | €47k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €41k |
| Amounts payable | 17/49 | €361k |
| Amounts payable after one year | 17 | €61k |
| Amounts payable within one year | 42/48 | €301k |
| Trade debts payable within one year | 44 | €147k |
| Income statement | ||
| Gross operating margin | 9900 | €214k |
| Operating result | 9901 | €40k |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €35k |
| Income taxes | 67/77 | €10k |
| Net result for the period | 9904 | €25k |
| Result to be appropriated | 9905 | €25k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | IVAN REYNS GROTE BAAN 68, 9120 BEVEREN-WAAS- |
06-03-2023 → present | Belgian State Gazette |
| Curator | NILS VERSCHAEREN GROTE BAAN 68,
9120 BEVEREN-WAAS |
06-03-2023 → present | Belgian State Gazette |
| NACE primary | Road freight transport(49410) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 09-10-2018 |
| Status | Active |
| Postal code | — |
| First BS signal | 10-03-2023 |
| Latest BS signal | 10-03-2023 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22003A0047/00X008 | Flanders | 1,134 m² | 1 · 561 m² | 11.6 m · 3 fl. |
| 42402F0623/00R000 | Flanders | 223 m² | 1 · 104 m² | 10.0 m · 3 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
25-11-2022 Registered office moved from Zele to Linkebeek
- Kouterstraat, 129/W3 9240 Zele → Alsembergsesteenweg, 34 1630 Linkebeek
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Alsembergsesteenweg, 34 1630 Linkebeek",
"city": "Linkebeek",
"region": "vlaams_gewest",
"street": "Alsembergsesteenweg",
"country": "BE",
"postcode": "1630",
"box_number": null,
"street_number": "34",
"locality_suffix": null
},
"old_address": {
"raw": "Kouterstraat, 129/W3 9240 Zele",
"city": "Zele",
"region": "vlaams_gewest",
"street": "Kouterstraat",
"country": "BE",
"postcode": "9240",
"box_number": "W3",
"street_number": "129",
"locality_suffix": null
},
"effective_date": "2022-11-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-11-25",
"filing_date": "2022-11-15",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2022-11-01",
"unanimous": null
},
"subject_company": {
"kbo": "0707.985.875",
"name_full": "FARAY TRANS",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "KARATASLI Faruk",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 25/11/2022 - Annexes du Moniteur belge",
"Mod DOC 19.01"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Faray Trans |