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Faren

Active
Private limited companyfounded 20224 yrs activeDorpsstraat 42, 9080 Lochristi, BelgiumKBO/BCE: BE 0789.693.727
Summary

Faren has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,570 and a net result of €34,176. Equity is growing by ~174.7% per year across the filed fiscal years. Its solvency ranks better than 67% of 11502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency88▲+88
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 2.27 against 0.66 in 2024; short-term debt: 37.2% and cash: 24.6% of total assets), and 37.2% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · 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
62.8%
Return on assets
80.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
31 d late
2024
31 d early
2023
69 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · 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. Usually files around 31 August (3 of the last 3 filed years within 62 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 17 August 2022, Faren was incorporated as a Private limited company.1 Total assets went from EUR 15,531 in 2023 to EUR 42,278 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€26,570
2024 · -€7,605
Total assets
€42,278▲ 184%
2024 · €14,901
Net result
€34,176
2024 · -€7,608
Working capital
€19,920
2024 · -€7,605
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€22,225--€7,461▲ 66.4%€37,247
Net result-€22,497below the sector's middle half--€7,608below the sector's middle half▲ 66.2%€34,176above the sector's middle half
Equity€3below the sector's middle half--€7,605below the sector's middle half€26,570within the sector's middle half
Total assets€15,531below the sector's middle half-€14,901below the sector's middle half▼ 4.1%€42,278below the sector's middle half▲ 184%
Debt€15,528-€22,506▲ 44.9%€15,707▼ 30.2%
Working capital€3within the sector's middle half--€7,605below the sector's middle half€19,920within the sector's middle half
Solvency0.0%below the sector's middle half--51.0%below the sector's middle half▼ 51.1pp62.8%within the sector's middle half▲ 113.9pp
Current ratio1.00within the sector's middle half-0.66below the sector's middle half▼ 0.342.27within the sector's middle half▲ 1.61
Return on assets (ROA)-144.9%below the sector's middle half--51.1%below the sector's middle half▲ 93.8pp80.8%above the sector's middle half▲ 131.9pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2023: -€22,225-€22,225Net result 2023: -€22,497-€22,497Operating result 2024: -€7,461-€7,461Net result 2024: -€7,608-€7,608Operating result 2025: €37,247€37,247Net result 2025: €34,176€34,176202320242025-€40,000-€20,000€0€20,000€40,000Operating result 2023: -€22,225-€22,200Net result 2023: -€22,497-€22,500Operating result 2024: -€7,461-€7,460Net result 2024: -€7,608-€7,610Operating result 2025: €37,247€37,200Net result 2025: €34,176€34,200202320242025
The operating result returns to profit in 2025: €37,247 after a loss of €7,461 in 2024, the highest result in the available series.
Balance-sheet composition
Assets €42,278
Fixed assets €6,650
Current assets €35,628
Equity and liabilities €42,278
Equity €26,570
Debt €15,707
Debt finances 37.2% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€37,597
Cash flow
€34,526
Debt to equity
0.59▲
2024 · -2.96
ROE
128.6%
Interest coverage
452.21
Debt ≤ 1 year
€15,707▼
2024 · €22,506
Income taxes
€2,988
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€14,901€42,278▲
Fixed assets21/28-€6,650
Tangible fixed assets22/27-€6,650
Plant, machinery and equipment23-€5,225
Furniture and vehicles24-€1,425
Current assets29/58€14,901€35,628▲
Stocks and contracts in progress3€13,840-
Stocks30/36€13,840-
Amounts receivable within one year40/41€1,035€25,236▲
Trade receivables40€1,035€25,236▲
Cash at bank and in hand54/58€26€10,392▲
Equity and liabilities
Total equity and liabilities10/49€14,901€42,278▲
Equity10/15-€7,605€26,570▲
Contributions10/11€22,500€22,500=
Reserves13-€4,070
Distributable reserves133-€4,070
Profit (loss) carried forward14-€30,105-
Amounts payable17/49€22,506€15,707▼
Amounts payable within one year42/48€22,506€15,707▼
Trade debts44€905€2,057▲
Suppliers440/4€905€2,057▲
Taxes, remuneration and social security45-€9,827
Taxes450/3-€9,827
Other amounts payable47/48€21,601€3,824▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€350
Other operating charges640/8€715€796▲
Gross operating margin9900-€6,746€38,392▲
Operating profit (loss)9901-€7,461€37,247▲
Financial charges65/66B€148€83▼
Recurring financial charges65€148€83▼
Profit (loss) for the period before taxes9903-€7,608€37,163▲
Income taxes67/77-€2,988
Profit (loss) for the period9904-€7,608€34,176▲
Profit (loss) for the period to be appropriated9905-€7,608€34,176▲
Appropriation of the result
Profit (loss) to be appropriated9906-€30,105€4,070▲
Profit (loss) brought forward from the previous period14P-€22,497-€30,105▼
Transfer to equity691/2-€4,070
To other reserves6921-€4,070

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€350-
Other operating charges640/8€657€715€796▲ 11.3%
Gross operating margin9900-€21,568-€6,746€38,392▲ 669%
Operating profit (loss)9901-€22,225-€7,461€37,247▲ 599%
Financial charges65/66B€272€148€83▼ 43.7%
Recurring financial charges65€272€148€83▼ 43.7%
Profit (loss) for the period before taxes9903-€22,497-€7,608€37,163▲ 588%
Income taxes67/77--€2,988-
Profit (loss) for the period9904-€22,497-€7,608€34,176▲ 549%
Profit (loss) for the period to be appropriated9905-€22,497-€7,608€34,176▲ 549%
Line202320242025Change
Assets
Total assets20/58€15,531€14,901€42,278▲ 184%
Fixed assets21/28--€6,650-
Tangible fixed assets22/27--€6,650-
Plant, machinery and equipment23--€5,225-
Furniture and vehicles24--€1,425-
Current assets29/58€15,531€14,901€35,628▲ 139%
Stocks and contracts in progress3€13,840€13,840--
Stocks30/36€13,840€13,840--
Amounts receivable within one year40/41€1,603€1,035€25,236▲ 2,339%
Trade receivables40€1,436€1,035€25,236▲ 2,339%
Other amounts receivable41€167---
Cash at bank and in hand54/58€88€26€10,392▲ 39,595%
Equity and liabilities
Total equity and liabilities10/49€15,531€14,901€42,278▲ 184%
Equity10/15€3-€7,605€26,570▲ 449%
Contributions10/11€22,500€22,500€22,500=
Reserves13--€4,070-
Distributable reserves133--€4,070-
Profit (loss) carried forward14-€22,497-€30,105--
Amounts payable17/49€15,528€22,506€15,707▼ 30.2%
Amounts payable within one year42/48€15,528€22,506€15,707▼ 30.2%
Trade debts44€523€905€2,057▲ 127%
Suppliers440/4€523€905€2,057▲ 127%
Taxes, remuneration and social security45--€9,827-
Taxes450/3--€9,827-
Other amounts payable47/48€15,005€21,601€3,824▼ 82.3%
Line202320242025Change
Profit (loss) for the period9904-€22,497-€7,608€34,176▲ 549%
+ Depreciation and write-downs630--€350-
Operating cash flow (approximation)-€22,497-€7,608€34,526▲ 554%
Change in cash--€62€10,366▲ 16,830%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Back to profitnet €34,176
Net result €34,176 after 2 loss-making years.
31-12
Financial Liquidity triplescurrent ratio 2.27
Current ratio from 0.66 to 2.27; short-term debt falls from €22,506 to €15,707.
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
08-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Lochristi · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,097 m²
Building footprint
229 m²
Volume, LiDAR
1,508 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Faren
Wijngaardstraat 89, 1755 PajottegemAgents in the wholesale of furniture, household goods and hardware
since 20222.334.937.874
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23024B0273/00C005 Flanders 765 m² 1 · 136 m² 8.4 m · 2 fl.
44034A0902/00H000 Flanders 332 m² 1 · 93 m² 7.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,743 companies in sector 46150 we hold annual accounts for 758. 510 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
46150Agents in the wholesale of furniture, household goods and hardware
E-invoicing
Reachable via Peppol
Peppol ID 0208:0789693727
Also 9925:BE0789693727
Registered 09-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.