Liquidity
3.35 was 1.97 in 2023
Short-term debts fell from €19,468 to €14,507.
FARAYA
Lifetime
18 annual accounts with figures on one time axispeak €29,364 (2017)
€19,097▲ €27,386
lowest -€15,256 (2023)
€10,417▲ €25,673
peak €43,560 (2022)
€38,721▲ 36.8%
€14,507▼ 25.5%
Board2 names since 2012
1 director
Documentsfilings and deeds
09-10-202570 days late
2024micro format
Gross margin from -€8,289 to €19,097Back to profit: €10,417Equity from €28,304 to €38,721Debts from €19,468 to €14,507Cash from €3,853 to €1,367
Key points
from the 2024 annual accountsFilings
18 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
72.7%
Higher solvency than 86% of companies in food and beverage service. Sector median 29.1% · 18,801 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as FARAYA has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
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 497,331 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 31,356 companies, not a prediction for FARAYA. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
- 140 sharesdeed of 27-12-2021
- 10 sharesdeed of 27-12-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0876181105
Transfer of 75 shares from to
Resignation: (director) · Director discharge: holds 140 shares · General meeting of 01-12-2021 · Gazette deed
Registered office moved from Zaventem to Wemmel
New registered office: LIMBURG STIRUMLAAN 200, 1780 WEMMEL · Previous registered office: Leuvense steenweg 239, 1932 ZAVENTEM · General meeting of 10-11-2016 · Gazette deed
Registered office moved from Brussels to Woluwé Saint eleni
New registered office: Chaussée de Louvain 239 à 1932 Woluwé Saint eleni · Previous registered office: rue du Nord 60-64 à 1000 Bruxelles · General meeting of 14-03-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FARAYA Wemmel | €53,228 | €19,097 | 72.7% | - |
| HAGIO Leuven | €61,047 | €17,570 | 51.1% | - |
| MARNICK HORECA SERVICE Grimbergen | €45,374 | €20,808 | 63.0% | - |
| W.D.S.-SERVICES Erpe-Mere | €49,967 | €18,535 | 12.9% | 0.3 |
| B.C.G.X. Tongeren-Borgloon | €59,549 | €19,156 | 5.7% | - |
| EYLUL Brussels | €61,365 | €18,075 | 78.5% | - |
| LOS AMIGOS CATERING Antwerp | €52,884 | €22,569 | 61.4% | - |
These companies have the same main activity as FARAYA: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €45,400 and €61,400, founded between 2004 and 2007.
Official details
Source: KBO- Status
- Active since 21-09-2005Normal situation
- Activity
- Full-service restaurantsNACE 56111and 2 others
- Establishment unit
- 2.149.331.1461780 Wemmel, since 11-10-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 15-02-2026
Insights on FARAYA
FARAYA files the micro format. That format states no turnover. The gross margin rose from €14,779 in 2007 to €19,097 in 2024.
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 FARAYA
- What is the company number of FARAYA?
- The company number of FARAYA is 0876.181.105. The VAT number is the same number with BE in front: BE 0876.181.105.
- Where is FARAYA based?
- The registered office is at de Limburg Stirumlaan 200, 1780 Wemmel.Company details
- What does FARAYA do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of FARAYA?
- FARAYA is a private limited company (pre-2019) (BVBA).
- When was FARAYA founded?
- FARAYA was founded on 21-09-2005.
- Is FARAYA still active?
- Yes, FARAYA is an active enterprise in the KBO register.
- What is the turnover of FARAYA?
- The turnover in financial year 2024 is ≈ €200,000. This figure is estimated from the gross margin of €19,097 and 89 comparable companies (NACE 56111). It probably lies between €99,000 and €410,000. It is a rough estimate. In financial year 2021 turnover was €148,548.Financials
- Is FARAYA profitable?
- In financial year 2024, FARAYA made a profit of €10,417.
- Where can I find the annual accounts of FARAYA?
- FARAYA filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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