FARINET
ActiveSummary
FARINET has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €-865. Equity is shrinking by ~39.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability5▲+5
Solvency0▼-10
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 24.57 against 24.63 in 2024; short-term debt: 4.1% and cash: 2.6% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-27.8%
Return on assets
-12.9%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-2k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 06-04-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
36 d early
2023
13 d early
2022
74 d early
2021
66 d early
2020
70 d early
2019
64 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-865▲ 54.4%
2024 · €-2k
2018: €-2klowest in 8 years
2019: €-575▲ +74.5% vs 2018
2020: €-437▲ +24.0% vs 2019highest in 8 years
2021: €-799▼ -82.8% vs 2020
2022: €-780▲ +2.4% vs 2021
2023: €-510▲ +34.6% vs 2022
2024: €-2k▼ -272% vs 2023
2025: €-865▲ +54.4% vs 2024
2018 → 2025
Working capital
€6k▲ 0.5%
2024 · €6k
2018: €5klowest in 8 years
2019: €6k▲ +7.6% vs 2018
2020: €6k▲ +0.2% vs 2019
2021: €6k▲ +1.0% vs 2020
2022: €6k▲ +8.0% vs 2021
2023: €6k▼ -4.9% vs 2022
2024: €6k▲ +5.0% vs 2023
2025: €6k▲ +0.5% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€1k▼ 35.7%€894▼ 36.3%€-1k€-2k▼ 86.4%
2021: €2khighest in 5 years
2022: €1k▼ -35.7% vs 2021
2023: €894▼ -36.3% vs 2022
2024: €-1k▼ -212% vs 2023
2025: €-2k▼ -86.4% vs 2024lowest in 5 years
Operating result€-1k-€-1k▲ 1.3%€-1k▲ 2.8%€-2k▼ 107%€-1k▲ 46.1%
2021: €-1k
2022: €-1k▲ +1.3% vs 2021
2023: €-1k▲ +2.8% vs 2022highest in 5 years
2024: €-2k▼ -107% vs 2023lowest in 5 years
2025: €-1k▲ +46.1% vs 2024
Net result€-799-€-780▲ 2.4%€-510▲ 34.6%€-2k▼ 272%€-865▲ 54.4%
2021: €-799
2022: €-780▲ +2.4% vs 2021
2023: €-510▲ +34.6% vs 2022highest in 5 years
2024: €-2k▼ -272% vs 2023lowest in 5 years
2025: €-865▲ +54.4% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €2k in 2024; the loss shrinks.
Key figures and ratios
Solvency
-27.8%▼
2024 · -15.0%
Current ratio
24.57▼
2024 · 24.63
Quick ratio
3.47▲
2024 · 3.37
Debt to equity
-4.59▲
2024 · -7.67
ROA
-12.9%▲
2024 · -28.4%
Debt
€9k▲
2024 · €8k
Debt ≤ 1 year
€273▲
2024 · €271
Debt > 1 year
€8k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€7k€7k▲
Fixed assets21/28€0€0=
Financial fixed assets28€0€0=
Current assets29/58€7k€7k▲
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€728€775▲
Other amounts receivable41€728€775▲
Cash at bank and in hand54/58€186€173▼
Equity and liabilities
Total equity and liabilities10/49€7k€7k▲
Equity10/15€-1k€-2k▼
Contributions10/11€0-
Reserves13€19k€19k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Other1319€0-
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€-20k€-21k▼
Amounts payable17/49€8k€9k▲
Amounts payable after more than one year17€7k€8k▲
Financial debts170/4€7k€8k▲
Amounts payable within one year42/48€271€273▲
Trade debts44€167€169▲
Suppliers440/4€167€169▲
Taxes, remuneration and social security45€104€104=
Taxes450/3€104€104=
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€1k€721▼
Other operating charges640/8€682€453▼
Gross operating margin9900€-1k€-721▲
Operating profit (loss)9901€-2k€-1k▲
Financial income75/76B€327€354▲
Recurring financial income75€327€354▲
Non-recurring financial income76B€327€354▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903€-2k€-865▲
Profit (loss) for the period9904€-2k€-865▲
Profit (loss) for the period to be appropriated9905€-2k€-865▲
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-21k▼
Profit (loss) brought forward from the previous period14P€-18k€-20k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €657 | €618 | €1k | €721 | ▼ 51.8% |
| Other operating charges640/8 | - | €423 | €432 | €682 | €453 | ▼ 33.6% |
| Gross operating margin9900 | €-673 | €-657 | €-618 | €-1k | €-721 | ▲ 51.8% |
| Operating profit (loss)9901 | €-1k | €-1k | €-1k | €-2k | €-1k | ▲ 46.1% |
| Financial income75/76B | - | €345 | €585 | €327 | €354 | ▲ 8.3% |
| Recurring financial income75 | - | €345 | €585 | €327 | €354 | ▲ 8.3% |
| Non-recurring financial income76B | - | €345 | €585 | €327 | €354 | ▲ 8.3% |
| Financial charges65/66B | - | €45 | €45 | €45 | €45 | = |
| Recurring financial charges65 | €45 | €45 | €45 | €45 | €45 | = |
| Profit (loss) for the period before taxes9903 | €-799 | €-780 | €-510 | €-2k | €-865 | ▲ 54.4% |
| Profit (loss) for the period9904 | €-799 | €-780 | €-510 | €-2k | €-865 | ▲ 54.4% |
| Profit (loss) for the period to be appropriated9905 | €-799 | €-780 | €-510 | €-2k | €-865 | ▲ 54.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6k | €7k | €6k | €7k | €7k | ▲ 0.5% |
| Fixed assets21/28 | €51 | €0 | €0 | €0 | €0 | - |
| Financial fixed assets28 | €51 | €0 | €0 | €0 | €0 | - |
| Current assets29/58 | €6k | €7k | €6k | €7k | €7k | ▲ 0.5% |
| Stocks and contracts in progress3 | €6k | €6k | €6k | €6k | €6k | = |
| Stocks30/36 | - | €6k | €6k | €6k | €6k | = |
| Amounts receivable within one year40/41 | €391 | €431 | €474 | €728 | €775 | ▲ 6.5% |
| Other amounts receivable41 | - | €431 | €474 | €728 | €775 | ▲ 6.5% |
| Cash at bank and in hand54/58 | €68 | €487 | €134 | €186 | €173 | ▼ 7.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6k | €7k | €6k | €7k | €7k | ▲ 0.5% |
| Equity10/15 | €2k | €1k | €894 | €-1k | €-2k | ▼ 86.4% |
| Contributions10/11 | €19k | €19k | €19k | €0 | - | - |
| Reserves13 | €620 | €620 | €620 | €19k | €19k | = |
| Non-distributable reserves130/1 | - | €620 | €620 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €0 | - | - |
| Other1319 | - | €620 | €620 | €0 | - | - |
| Distributable reserves133 | - | - | - | €19k | €19k | = |
| Profit (loss) carried forward14 | €-17k | €-18k | €-18k | €-20k | €-21k | ▼ 4.3% |
| Amounts payable17/49 | €4k | €5k | €5k | €8k | €9k | ▲ 11.7% |
| Amounts payable after more than one year17 | €4k | €5k | €5k | €7k | €8k | ▲ 12.1% |
| Financial debts170/4 | - | €5k | €5k | €7k | €8k | ▲ 12.1% |
| Amounts payable within one year42/48 | €287 | €270 | €271 | €271 | €273 | ▲ 0.7% |
| Trade debts44 | €183 | €166 | €167 | €167 | €169 | ▲ 1.2% |
| Suppliers440/4 | - | €166 | €167 | €167 | €169 | ▲ 1.2% |
| Taxes, remuneration and social security45 | - | €104 | €104 | €104 | €104 | = |
| Taxes450/3 | - | €104 | €104 | €104 | €104 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-799 | €-780 | €-510 | €-2k | €-865 | ▲ 54.4% |
| Operating cash flow (approximation) | €-799 | €-780 | €-510 | €-2k | €-865 | ▲ 54.4% |
| Investment in fixed assets (approximation) | - | €51 | €0 | €0 | €0 | - |
| Change in cash | - | €419 | €-353 | €52 | €-13 | ▼ 125% |
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
Next filing, fiscal year 2026, expected by
2026
06-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
15-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
23-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
19-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial
Liquidity doublescurrent ratio 19.90
Current ratio from 8.97 to 19.90; short-term debt falls from €683 to €310.
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
16-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Vorst · 1 establishment unit since 2001
Ground area
287 m²
Building footprint
113 m²
Volume, LiDAR
967 m³
Parcel 21007A0064/00W005, Brussels · tallest building 14.9 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Van Volxemlaan 285, 1190 Vorst
since 20012.094.281.270
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0064/00W005 | Brussels | 287 m² | 1 · 113 m² | 14.9 m · 3 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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 1,742 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
Founded04-01-2001
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
62900Other information technology and computer services
Scores and ratios are computed by Checked and are not a credit decision.