FARFALLA SERVICES
Bankruptcy closedInactive since 28-05-2026; last annual accounts for fiscal year 2021.
Summary
FARFALLA SERVICES was declared bankrupt on 09-04-2024 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 26-05-2026, published in the Belgian State Gazette on 29-05-2026.
Signals
Two 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 30-06-2021 was due by 31-01-2022 and was filed on 10-01-2022, 21 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
21 d early
2020
40 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 31 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2021, micro schema
Equity
€15,333▲ 52.7%
2020 · €10,043
Total assets
€19,129▲ 32.3%
2020 · €14,455
Net result
€5,289▼ 38.1%
2020 · €8,543
Working capital
€16,833▲ 45.8%
2020 · €11,543
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021
Operating result-€2,845-€148
Net result€8,543-€5,289▼ 38.1%
Equity€10,043-€15,333▲ 52.7%
Total assets€14,455-€19,129▲ 32.3%
Debt€4,412-€3,797▼ 13.9%
Working capital€11,543-€16,833▲ 45.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €148 after a loss of €2,845 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €19,129
Equity
€15,333 ▲ 52.7%
Debt
€3,797 ▼ 13.9%
Debt's share of the balance-sheet total falls from 30.5% to 19.8%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
8.33▲
2020 · 4.96
ROE
34.5%▼
2020 · 85.1%
ROA
27.7%▼
2020 · 59.1%
Debt ≤ 1 year
€2,297▼
2020 · €2,912
Income taxes
€612▲
2020 · €150
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,803 | - | - |
| Gross operating margin9900 | €577 | €625 | ▲ 8.5% |
| Operating profit (loss)9901 | -€2,845 | €148 | ▲ 105% |
| Recurring financial income75 | €11,913 | €6,241 | ▼ 47.6% |
| Recurring financial charges65 | €374 | €489 | ▲ 30.8% |
| Profit (loss) for the period before taxes9903 | €8,694 | €5,901 | ▼ 32.1% |
| Income taxes67/77 | €150 | €612 | ▲ 307% |
| Profit (loss) for the period9904 | €8,543 | €5,289 | ▼ 38.1% |
| Profit (loss) for the period to be appropriated9905 | €8,543 | €5,289 | ▼ 38.1% |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €14,455 | €19,129 | ▲ 32.3% |
| Current assets29/58 | €14,455 | €19,129 | ▲ 32.3% |
| Amounts receivable within one year40/41 | €6,120 | €13,222 | ▲ 116% |
| Cash at bank and in hand54/58 | €6,932 | €4,693 | ▼ 32.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €14,455 | €19,129 | ▲ 32.3% |
| Equity10/15 | €10,043 | €15,333 | ▲ 52.7% |
| Reserves13 | €8,543 | €13,833 | ▲ 61.9% |
| Amounts payable17/49 | €4,412 | €3,797 | ▼ 13.9% |
| Amounts payable within one year42/48 | €2,912 | €2,297 | ▼ 21.1% |
| Trade debts44 | €2,611 | €1,685 | ▼ 35.5% |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €8,543 | €5,289 | ▼ 38.1% |
| + Depreciation and write-downs630 | €1,803 | - | - |
| Operating cash flow (approximation) | €10,346 | €5,289 | ▼ 48.9% |
| Change in cash | - | -€2,239 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
29-05
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · event 26-05-2026
2024
15-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 09-04-2024
2022
10-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
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, Aalter
Ground area
519 m²
Building footprint
323 m²
Volume, LiDAR
1,643 m³
Parcel 44035C0053/00M000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44035C0053/00M000 | Flanders | 519 m² | 1 · 323 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 | GEERT DEFREYNE KORTRIJKSESTEENWEG 361,
9000 GENT |
09-04-2024 → 26-05-2026 |
Identification & contact
Identification
Legal formPrivate limited company
Founded31-07-2019
Fiscal year end30-06
Scores and ratios are computed by Checked and are not a credit decision.