FARKHANA
ActiveSummary
FARKHANA has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78,558 and a net result of €42,493. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 62% of 18973 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
What they do
Retail trade
NACE 47230
2 sites
How big
€797,975turnover 2025
- Equity
- €78,558
- Profit
- €42,493
Who decides
Accounts 16 d early0 of 2 deeds read
Why 75- Higher-failure-rate sector- Multiple establishment units+ Annual accounts: healthy financial profile+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+21
Solvency73▼-12
Growth85=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 1.78 against 2.78 in 2024; short-term debt: 48.1% and cash: 76% of total assets), but 51.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Retail trade (NACE 47)
about 45% 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 2025Solvency, return and age of the figures
Solvency
48.1%
Return on assets
26%
Age of the figures
9 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
8 d early
2023
62 d late
2022
123 d early
2021
69 d early
2020
85 d early
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 15 July (4 of the last 5 filed years within 79 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Highest result since 2018net €42,493 ▲533%
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Turnover €797,975Profit €42,493Solvency 48.1%Liquidity 1.78
Turnover
€797,975▲ 26.2%
2020 - 2025
Net result
€42,493▲ 533%
2018 - 2025
Equity
€78,558▲ 3.3%
2018 - 2025
Solvency
48.1%▼ 12.1pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€436,374▲ 63.9%€473,392▲ 8.5%€632,152€797,975▲ 26.2%
Operating result€9,814▼ 10.7%€11,499▲ 17.2%€5,571▼ 51.5%€11,108▲ 99.4%€47,261▲ 325%
Net result€5,809within the sector's middle half▼ 32.5%€5,799within the sector's middle half▼ 0.2%€3,655within the sector's middle half▼ 37.0%€6,718within the sector's middle half▲ 83.8%€42,493above the sector's middle half▲ 533%
EBIT margin2.2%▼ 1.9pp2.4%▲ 0.2pp1.8%5.9%▲ 4.2pp
Equity€59,893within the sector's middle half▲ 9.6%€65,692within the sector's middle half▲ 9.7%€69,346within the sector's middle half▲ 5.6%€76,065within the sector's middle half▲ 9.7%€78,558within the sector's middle half▲ 3.3%
Total assets€119,472within the sector's middle half▲ 66.6%€99,456within the sector's middle half▼ 16.8%€161,555within the sector's middle half▲ 62.4%€126,223within the sector's middle half▼ 21.9%€163,189within the sector's middle half▲ 29.3%
Debt€59,579▲ 249%€33,764▼ 43.3%€92,209▲ 173%€50,158▼ 45.6%€84,631▲ 68.7%
Working capital€34,560within the sector's middle half▲ 58.6%€50,028within the sector's middle half▲ 44.8%€62,809within the sector's middle half▲ 25.5%€73,509within the sector's middle half▲ 17.0%€61,366within the sector's middle half▼ 16.5%
Solvency50.1%within the sector's middle half▼ 26.1pp66.1%above the sector's middle half▲ 15.9pp42.9%within the sector's middle half▼ 23.1pp60.3%within the sector's middle half▲ 17.3pp48.1%within the sector's middle half▼ 12.1pp
Current ratio1.58within the sector's middle half▼ 0.702.48within the sector's middle half▲ 0.901.68within the sector's middle half▼ 0.802.78within the sector's middle half▲ 1.101.78within the sector's middle half▼ 1.00
Return on assets (ROA)4.9%within the sector's middle half▼ 7.1pp5.8%within the sector's middle half▲ 1.0pp2.3%within the sector's middle half▼ 3.6pp5.3%within the sector's middle half▲ 3.1pp26.0%above the sector's middle half▲ 20.7pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail 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 and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 325% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163,189
Fixed assets
€23,360 ▲ 103%
Current assets
€139,828 ▲ 21.9%
Equity and liabilities €163,189
Equity
€78,558 ▲ 3.3%
Debt
€84,631 ▲ 68.7%
Debt's share of the balance-sheet total rises from 39.7% to 51.9%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€52,385▲
2024 · €20,125
Cash flow
€47,617▲
2024 · €15,735
Quick ratio
1.70▼
2024 · 2.59
Debt to equity
1.08▲
2024 · 0.66
ROE
54.1%▲
2024 · 8.8%
Interest coverage
44.68▲
2024 · 11.57
Debt ≤ 1 year
€78,462▲
2024 · €41,193
Debt > 1 year
€6,168▼
2024 · €8,965
Income taxes
€3,595▲
2024 · €2,652
Staff costs
€68,914▼
2024 · €76,893
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 34,696 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €436,374 | €473,392 | - | €632,152 | €797,975 | ▲ 26.2% |
| Goods, raw materials, services and sundry goods60/61 | €428,092 | €446,463 | - | €550,150 | €691,834 | ▲ 25.8% |
| Remuneration, social security and pensions62 | €4,402 | €19,460 | €79,871 | €76,893 | €68,914 | ▼ 10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,540 | €9,667 | €9,127 | €9,017 | €5,124 | ▼ 43.2% |
| Other operating charges640/8 | €4,061 | €2,471 | €1,698 | €1,919 | €5,155 | ▲ 169% |
| Gross operating margin9900 | €27,817 | €43,096 | €96,266 | €98,937 | €126,453 | ▲ 27.8% |
| Operating profit (loss)9901 | €9,814 | €11,499 | €5,571 | €11,108 | €47,261 | ▲ 325% |
| Financial income75/76B | €4 | €0 | €1 | €1 | €0 | ▼ 96.7% |
| Recurring financial income75 | €4 | €0 | €1 | €1 | €0 | ▼ 96.7% |
| Financial charges65/66B | €1,562 | €2,596 | €50 | €1,739 | €1,172 | ▼ 32.6% |
| Recurring financial charges65 | €1,562 | €2,596 | €50 | €1,739 | €1,172 | ▼ 32.6% |
| Profit (loss) for the period before taxes9903 | €8,256 | €8,903 | €5,522 | €9,370 | €46,088 | ▲ 392% |
| Income taxes67/77 | €2,446 | €3,104 | €1,868 | €2,652 | €3,595 | ▲ 35.6% |
| Profit (loss) for the period9904 | €5,809 | €5,799 | €3,655 | €6,718 | €42,493 | ▲ 533% |
| Profit (loss) for the period to be appropriated9905 | €5,809 | €5,799 | €3,655 | €6,718 | €42,493 | ▲ 533% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €119,472 | €99,456 | €161,555 | €126,223 | €163,189 | ▲ 29.3% |
| Fixed assets21/28 | €25,334 | €15,664 | €6,537 | €11,521 | €23,360 | ▲ 103% |
| Tangible fixed assets22/27 | €25,331 | €15,664 | €6,537 | €11,521 | €23,360 | ▲ 103% |
| Plant, machinery and equipment23 | €14,795 | €9,000 | €3,205 | €527 | €8,171 | ▲ 1,450% |
| Furniture and vehicles24 | €541 | - | - | - | €2,648 | - |
| Leasing and similar rights25 | - | - | - | €10,993 | €8,193 | ▼ 25.5% |
| Other tangible fixed assets26 | €9,996 | €6,664 | €3,332 | - | €4,348 | - |
| Financial fixed assets28 | €2 | - | - | - | - | - |
| Current assets29/58 | €94,139 | €83,792 | €155,018 | €114,702 | €139,828 | ▲ 21.9% |
| Stocks and contracts in progress3 | €6,908 | €6,206 | €5,303 | €7,983 | €6,294 | ▼ 21.2% |
| Stocks30/36 | €6,908 | €6,206 | €5,303 | €7,983 | €6,294 | ▼ 21.2% |
| Amounts receivable within one year40/41 | - | - | €39,677 | €4,801 | €9,453 | ▲ 96.9% |
| Trade receivables40 | - | - | €39,677 | €4,801 | €9,453 | ▲ 96.9% |
| Cash at bank and in hand54/58 | €87,231 | €77,586 | €110,038 | €100,118 | €124,082 | ▲ 23.9% |
| Deferred charges and accrued income490/1 | - | - | - | €1,800 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €119,472 | €99,456 | €161,555 | €126,223 | €163,189 | ▲ 29.3% |
| Equity10/15 | €59,893 | €65,692 | €69,346 | €76,065 | €78,558 | ▲ 3.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | €6,200 | €6,200 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | €12,400 | €12,400 | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €51,833 | €57,632 | €61,286 | €68,005 | €70,498 | ▲ 3.7% |
| Amounts payable17/49 | €59,579 | €33,764 | €92,209 | €50,158 | €84,631 | ▲ 68.7% |
| Amounts payable after more than one year17 | - | - | - | €8,965 | €6,168 | ▼ 31.2% |
| Financial debts170/4 | - | - | - | €8,965 | €6,168 | ▼ 31.2% |
| Amounts payable within one year42/48 | €59,579 | €33,764 | €92,209 | €41,193 | €78,462 | ▲ 90.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €2,541 | €2,796 | ▲ 10.0% |
| Trade debts44 | €40,121 | €12,955 | €73,966 | €23,871 | €9,805 | ▼ 58.9% |
| Suppliers440/4 | €40,121 | €12,955 | €73,966 | €23,871 | €9,805 | ▼ 58.9% |
| Taxes, remuneration and social security45 | €18,587 | €17,388 | €16,511 | €14,659 | €25,170 | ▲ 71.7% |
| Taxes450/3 | €6,693 | €7,567 | €16,511 | €9,519 | €12,999 | ▲ 36.6% |
| Remuneration and social security454/9 | €11,893 | €9,821 | - | €5,140 | €12,171 | ▲ 137% |
| Other amounts payable47/48 | €872 | €3,421 | €1,732 | €123 | €40,692 | ▲ 33,090% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,809 | €5,799 | €3,655 | €6,718 | €42,493 | ▲ 533% |
| + Depreciation and write-downs630 | €9,540 | €9,667 | €9,127 | €9,017 | €5,124 | ▼ 43.2% |
| Operating cash flow (approximation) | €15,350 | €15,466 | €12,781 | €15,735 | €47,617 | ▲ 203% |
| Investment in fixed assets (approximation) | - | €2 | €0 | -€14,000 | -€16,963 | ▼ 21.2% |
| Change in cash | - | -€9,645 | €32,452 | -€9,920 | €23,963 | ▲ 342% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
Oméga 3
BE 0727.544.342
Sint-Jans-Molenbeek · Eq €78,822
ESIRI
BE 0732.528.855
Sint-Jans-Molenbeek · Eq €77,745
Fish and More
BE 0777.680.177
Wijnegem · Eq €75,721
PESCA MARINA
BE 0803.789.807
Brussel · Eq €81,914
L'OCEAN
BE 0448.194.537
Juprelle · Eq €82,969
Of 466 companies in this sector we hold annual accounts for 269. 215 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
11 eventsLatest 15-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €42,493 ▲533%
Operating result €47,261, net result €42,493, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
26-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 118 days late
26-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 483 days late
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 291 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Support & recognitions
1 register with a recognitionFASFC 2 sites
FASFC
2
authorised sites
Recognitions · licences · registrations
Food safety, FASFC
2 sitesAntwerpenunit no. 2.242.961.286
Antwerpenunit no. 2.286.421.048
Company details
Private limited company · founded 10-04-2015Year ends 31-12Peppol reachable2 sites
Register details
Identification
Legal formPrivate limited company
Founded10-04-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47230Retail trade
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0628487447
Also
9925:BE0628487447
Registered
31-10-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 2015
Ground area
175 m²
Building footprint
175 m²
Volume, LiDAR
1,173 m³
2 parcels, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
FARKHANA
since 2015unit no. 2.242.961.286
Abdijstraat 143, 2020 Antwerpen
since 2019unit no. 2.286.421.048
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2424/00M013 | Flanders | 89 m² | 1 · 89 m² | 9.7 m · 2 fl. |
| 11809I2424/00N013 | Flanders | 85 m² | 1 · 85 m² | 10.3 m · 3 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.