FARIO
ActiveFARIO has been active since 1967 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €302k and a net result of €130k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 4107 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency12▲+6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.11 against 0.1 in 2024), and 82.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
17.3%
Return on assets
7.4%
Age of the figures
9 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €302k
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 31-07-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
10 d early
2023
9 d early
2022
86 d early
2021
on the day
2020
22 d late
2019
281 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-11-2026 close30-06-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€130k▲ 167%
2024 · €49k
2018: €-57k
2019: €-47k
2020: €-61k
2021: €27k
2022: €11k
2023: €109k
2024: €49k
2018 → 2025
Working capital
€-369k▲ 9.9%
2024 · €-410k
2018: €-82k
2019: €-128k
2020: €-153k
2021: €-129k
2022: €-126k
2023: €-296k
2024: €-410k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€15k▲ 335%€124k▲ 736%€173k▲ 39.3%€302k▲ 75.3%
Operating result€36k-€19k▼ 46.3%€122k▲ 532%€91k▼ 25.2%€107k▲ 16.9%
Net result€27k-€11k▼ 57.3%€109k▲ 855%€49k▼ 55.4%€130k▲ 167%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.75M
Fixed assets
€1.70M▼ 2.2%
Current assets
€44k▼ 5.8%
Equity and liabilities €1.75M
Equity
€302k▲ 75.3%
Debt
€1.44M▼ 10.6%
The debt ratio falls from 90.3% to 82.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€157k▲
2024 · €132k
Cash flow
€181k▲
2024 · €90k
Solvency
17.3%▲
2024 · 9.7%
Current ratio
0.11▲
2024 · 0.10
Quick ratio
0.11▲
2024 · 0.10
Debt / equity
4.77▼
2024 · 9.36
ROE
43.0%▲
2024 · 28.2%
ROA
7.4%▲
2024 · 2.7%
Interest coverage
3.03▼
2024 · 3.11
Debt
€1.44M▼
2024 · €1.61M
Debt ≤ 1 year
€413k▼
2024 · €456k
Debt > 1 year
€1.03M▼
2024 · €1.16M
Income taxes
€10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.79M€1.75M▼
Fixed assets21/28€1.74M€1.70M▼
Tangible fixed assets22/27€902k€851k▼
Land and buildings22€818k€790k▼
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26€80k€58k▼
Financial fixed assets28€839k€852k▲
Current assets29/58€47k€44k▼
Amounts receivable within one year40/41€33k€40k▲
Trade receivables40€16k€28k▲
Other amounts receivable41€16k€12k▼
Cash at bank and in hand54/58€13k€559▼
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.79M€1.75M▼
Equity10/15€173k€302k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€231k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133-€225k
Profit (loss) carried forward14€104k€9k▼
Amounts payable17/49€1.61M€1.44M▼
Amounts payable after more than one year17€1.16M€1.03M▼
Financial debts170/4€1.16M€1.03M▼
Amounts payable within one year42/48€456k€413k▼
Current portion of amounts payable after more than one year42€121k€126k▲
Trade debts44€7k€18k▲
Suppliers440/4€7k€18k▲
Advances received on contracts in progress46€10k-
Taxes, remuneration and social security45€8k€13k▲
Taxes450/3€8k€13k▲
Other amounts payable47/48€311k€256k▼
Accrued charges and deferred income492/3-€512
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€51k▲
Other operating charges640/8€6k€8k▲
Gross operating margin9900€138k€165k▲
Operating profit (loss)9901€91k€107k▲
Financial income75/76B-€85k
Recurring financial income75-€85k
Financial charges65/66B€42k€52k▲
Recurring financial charges65€42k€52k▲
Profit (loss) for the period before taxes9903€49k€140k▲
Income taxes67/77-€10k
Profit (loss) for the period9904€49k€130k▲
Profit (loss) for the period to be appropriated9905€49k€130k▲
Appropriation of the result
Profit (loss) to be appropriated9906€104k€234k▲
Profit (loss) brought forward from the previous period14P€56k€104k▲
Transfer to equity691/2-€225k
To other reserves6921-€225k
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
30-11
Financial
Highest result since 2018net €130k ▲167%
Net result €130k, the highest in the series.
30-11
Financial
Equity above €200kEq €302k ▲75.3%
5 profitable years in a row build equity to €302k.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-11
Financial
Equity above €150kEq €173k ▲39.3%
4 profitable years in a row build equity to €173k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-11
Financial
Equity above €100kEq €124k ▲736%
3 profitable years in a row build equity to €124k.
05-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-11
Financial
Back to profitnet €27k
Net result €27k after 3 loss-making years.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 22 days late
07-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 281 days late
2020
30-11
Financial
Weakest financial yearnet €-61k
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 25 days late
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Libramont-Chevigny · 1 establishment unit since 1974
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Libramont,Avenue de Bouillon 786800 Libramont-Chevigny1 establishment unit
FARIO
since 19742.008.908.996
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Of 1,504 companies in sector 47252 we hold annual accounts for 651. 485 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-07-1967
Fiscal year end30-11
Activities, NACEBEL
47252Retail sale of beverages, general range
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filings
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.