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Farm On Wheels

Active
Limited partnershipfounded 2024active for 1 yearFramalaan 13, 2960 Brecht, BelgiumKBO/BCE: BE 1017.459.328
Summary

The computed 12-month bankruptcy probability of Farm On Wheels is 2.9% (moderate). The 2024 annual accounts show negative equity (-€947) and a net result of -€1,947. Its solvency ranks better than 10% of 91 sector peers (NACE 91, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Libraries, archives, museums and other cultural activities
NACE 91410
1 site
Size
€1,003total assets 2024
Equity
-€947
Loss
-€1,947
Turnover not published (micro format)
Financial health
48 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.9%
Structure
Accounts filed 60 days late
Why 48raises riskFigures for financial year 2024 (filed 29-09-2025)Liquidity: current ratio 0.51lowers riskSize: total assets €1,003Legal form: limited partnershipShow the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 4% of its sector peers (NACE 91, micro)
Financial strength
Weak
Solvency 0
equity -94.4% of total assets
Liquidity 0
short-term debt 194.4%
Profitability 0
return on assets -194.2%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (146 companies, NACE 91, micro)
Last 24 months 01-2026: 1.4% 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026lowest value 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 1.5%▲ +0.1 percentage points vs 05-2026 07-2026: 1.6%▲ +0.1 percentage points vs 06-2026 08-2026: 1.8%▲ +0.2 percentage points vs 07-2026 09-2026: 2.0%▲ +0.2 percentage points vs 08-2026 10-2026: 2.9%▲ +0.9 percentage points vs 09-2026highest value
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 91, micro): better than 6% on solvency, 1% on liquidity and 6% on profitability.

The bankruptcy probability was computed on 18-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 29-09-2025)
NBB · annual accounts
lowers risk · Size: total assets €1,003
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.51
NBB · annual accounts
lowers risk · Legal form: limited partnership
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 years
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
60 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 60 days after the deadline; the sector median (NACE 91) for financial year 2024 is 22 days before the deadline, and 29% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€947 View
  • Caution: Among the weakest 11% on solvencysector median 55.8% · 91 companies -94.4% View
  • Total assets 2024first financial year filed €1,003 View

By topic

Financials

Financial year
2024
Total assets
€1,003
Loss
-€1,947
Solvency
-94.4%
Go to Financials

Company details

Sites
1
Legal form
Limited partnership
Activity
Libraries, archives, museums and other cultural activitiesNACE 91410
Founded
16-12-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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