Active BE 0805.335.669Private limited company

FARINELLE

Rue des Artisans, Poncelle 1 ·6730 Tintigny, Belgium· 2 yrs active

Sector: Specialised construction (43222)

Conclusion Checked

The computed 12-month bankruptcy probability of FARINELLE is 2.5% (moderate). The 2024 annual accounts show equity of €478k and a net result of €245k. Its solvency ranks better than 76% of 498 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€478k
Net result	€245k
Staff (FTE)	11.9
Better than sector	76%

Snowflake analysis 5 axes · computed by Checked

82 / 100

Exceptional profile, strong across almost every axis.

Health 93

Profitability 100

Solvency 98

Growth 50

Stability 67

Bankruptcy probability (12 mo) Checked model v1 · free

2.5% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Young company

Founded in 2023, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

93 / 100 Excellent

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 26-08-2025 with the NBB · fiscal year 2024 · volledig

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	58.4%	36.6%	better than 76% of 498 sector peers
Net result	€245k	€19k	better than 91% of 496 sector peers
Equity	€478k	€90k	better than 82% of 498 sector peers
Gross operating margin	€1.03M	€110k	better than 93% of 467 sector peers
Staff costs	€649k	€148k	higher than 83% of 330 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	€374k
Net profit	€245k
Cash flow	€292k
Staff costs	€649k
Income taxes	€82k
Dividends	-
Total assets	€819k
Equity	€478k
Debt	€341k
of which ≤ 1y	€270k
of which > 1y	€71k
Working capital	€343k
Employees (FTE)	11.9

Ratios (computed)

	2024
Current ratio	2.27
Quick ratio	1.25
Working capital ratio	41.8%
Solvency	58.4%
Debt / equity	0.71
Long-term debt ratio	0.15
Interest coverage	105.67
Gross margin	-
Net margin	-
ROA	30.0%
ROE	51.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €207k · 25.3% Current assets €612k · 74.7%

Equity & liabilities

Equity €478k · 58.4% Debt €341k · 41.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€819k
Fixed assets	21/28	€207k
Intangible fixed assets	21	€4k
Tangible fixed assets	22/27	€199k
Financial fixed assets	28	€4k
Current assets	29/58	€612k
Stocks & contracts in progress	3	€276k
Amounts receivable within one year	40/41	€183k
Cash & bank	54/58	€143k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€819k
Equity	10/15	€478k
Contributions / capital	10/11	€9k
Reserves	13	€33k
Accumulated profits (losses)	14	€434k
Amounts payable	17/49	€341k
Amounts payable after one year	17	€71k
Amounts payable within one year	42/48	€270k
Trade debts payable within one year	44	€119k
Income statement
Gross operating margin	9900	€1.03M
Operating result	9901	€328k
Financial income	75	€3k
Financial charges	65	€4k
Result before taxes	9903	€327k
Income taxes	67/77	€82k
Net result for the period	9904	€245k
Result to be appropriated	9905	€245k

Ratios computed by Checked.

Legal Structure

NACE primary	Specialised construction(43222)
Legal form	Private limited company(610)
Incorporation	31-08-2023
Status	Active
Postal code	6730

Establishment units 1 location

SRL FARINELLE

Rue des Artisans, Poncelle 1, 6730 TintignyOntwerpen, het maken en het monteren van leidingstelsels inclusief de verdere bewerking van buizen tot leidingen en leidingstelsels onder druk.

since 20232.350.390.568

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
85039C0462/00P000	Wallonia	5,416 m²	1 · 1,292 m²	9.6 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

26-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · volledig

2024

25-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · volledig

12-03-2024

State Gazette act Director changes

12-03-2024

State Gazette act Director changes

Belgisch Staatsblad, acts 2 acts

All acts · 2 updated 2 years ago

2024

12-03-2024 3 directors appointed Director changes

Corentin Farinelle, Commissaris
Luc FARINELLE, Bestuurder
FARINELLE HOLDING, Bestuurder

Original publication ↗

Technical details

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12-03-2024 3 directors appointed Director changes

Corentin FARINELLE, Gedelegeerd bestuurder
Brieuc FARINELLE, Gedelegeerd bestuurder
Luc FARINELLE, Gedelegeerd bestuurder

Original publication ↗

Technical details

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Company registry (CBE) Crossroads Bank

Activities

Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Loodgieterswerk43221Sanitaire werkzaamheden43221

Primary activity highlighted.

Names & trade names

Legal nameFR

FARINELLE

Registered office

Rue des Artisans, Poncelle 1

6730 Tintigny, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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