Skip to content

Farma223

Active
Private limited company·Activiteiten van holdings· 2 yrs active
Brouwerstraat 8 ·2360 Oud-Turnhout, Belgium
KBO/BCE: BE 1002.891.017
Watch Print / PDF
Age2 yrs
Real estate1 parcel · 653 m²

Summary

Conclusion

the dossier summarised in one paragraph

Farma223 is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show negative equity (€-12k) and a net result of €-52k. Its solvency ranks better than 8% of 3146 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.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Signals

1 signal · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 3146 sector peers (2024).
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 24-07-2025 7 d early 2025-00304869

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 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, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

Equity€-12k
Net result€-52k
Total assets€657k
Solvency-1.8%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 24-07-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 64, Financial services · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -1.8% 52.5%
better than 8% of 3146 sector peers
Net result €-52k €32k
better than 5% of 3142 sector peers
Equity €-12k €75k
better than 5% of 3147 sector peers
Gross operating margin €61k €52k
better than 55% of 3139 sector peers
Total assets €657k €192k
better than 81% of 3148 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenuen/a
EBITDAn/a
Net profit€-52k
Cash flown/a
Staff costs-
Income taxes€168
Dividends-
Total assets€657k
Equity€-12k
Debt€669k
of which ≤ 1y€36k
of which > 1y€633k
Working capitaln/a
Employees (FTE)-
Ratios (computed)
2024
Current ration/a
Quick ration/a
Working capital ration/a
Solvency-1.8%
Debt / equityn/a
Long-term debt ration/a
Interest coveragen/a
Gross marginn/a
Net marginn/a
ROA-7.9%
ROE439.2%
EBITDA marginn/a
Days sales outstandingn/a
Days payable outstandingn/a
Inventory turnovern/a
Days inventory (DSI)n/a
Balance-sheet composition 2024
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€657k
Fixed assets 21/28€633k
Tangible fixed assets 22/27€633k
Current assets 29/58€24k
Amounts receivable within one year 40/41€5k
Cash & bank 54/58€19k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€657k
Equity 10/15€-12k
Contributions / capital 10/11€40k
Accumulated profits (losses) 14€-52k
Amounts payable 17/49€669k
Amounts payable after one year 17€633k
Amounts payable within one year 42/48€36k
Trade debts payable within one year 44€925
Income statement
Gross operating margin 9900€61k
Operating result 9901€-33k
Financial charges 65€19k
Result before taxes 9903€-52k
Income taxes 67/77€168
Net result for the period 9904€-52k
Result to be appropriated 9905€-52k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
Farma223
Brouwerstraat 8, 2360 Oud-TurnhoutOverige dienstverlenende activiteiten op het gebied van informatie, n.e. g.
since 20232.353.017.486
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area653 m²
Buildings1
Building footprint114 m²
Volume (LiDAR)625 m³
Tallest building8.6 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13482F0462/00R002 Flanders 653 m² 1 · 114 m² 8.6 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

3 of 5 axes measured
Health-Profitability100Solvency37Growth-Stability67
68 / 100

This figure rests on 3 of 5 axes. Too few to say where this company is strong or weak.

Computed on 3 of 5 axes. Not measured: health, growth. An unmeasured axis is not a zero: no data was read for it.

Health -
Profitability 100
Solvency 37
Growth -
Stability 67

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Same sector and region
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 5,578 of the 24,683 companies in this sector.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Holdings64200Activiteiten van holdings64210
Primary activity highlighted.
Names & trade names
Legal nameNL Farma223
Registered office
Brouwerstraat 8
2360 Oud-Turnhout, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.