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FARMACOM

Active
Private limited companyfounded 198739 years activeHertendreef 37, 2900 Schoten, BelgiumKBO/BCE: BE 0431.933.575
Summary

FARMACOM has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €669,979 and a net result of -€5,797. Equity is growing by ~3.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Activity not known1 site
Size
€818,096total assets 2024
Equity
€669,979
Loss
-€5,797
Turnover not published (abridged schema)
Financial health
84 Excellent Checked score 2024
Bankruptcy probability, 12 months
0.4%
Structure
Accounts 68 days overdue0 of 5 deeds read
Why 84- Figures for FY 2024 (filed 11-08-2025)- 1 financial year not filed after the legal deadline; latest accounts 8 days late; 2 of the last 3 late+ Size: total assets €818,096+ Equity €669,979 (81.9% of total assets)Show the evidence

Checked score

Score 2024
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Strong
Solvency 100=
equity 81.9% of total assets
Liquidity 56-28
short-term debt 17.1% · cash 8.3%
Profitability 68+2
return on assets -0.7%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.4%▲ +0.1 percentage points vs 09-2026highest value
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 1.97 against 1.59 in 2023; short-term debt: 17.1% and cash: 8.3% of total assets), and 18.1% of the assets are financed with debt.
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 (no NACE code, micro): better than 81% on solvency, 52% on liquidity, 45% on profitability and 42% on growth.

The bankruptcy probability was computed on 06-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €818,096
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 11-08-2025)
NBB · annual accounts
lowers risk · Equity €669,979 (81.9% of total assets)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 8 days late; 2 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-08-2025, 8 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
8 days late
2023
61 days late
2022
31 days late
2021
31 days late
2020
51 days late
2019
7 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 32 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Annual accounts filedfiscal year 2023 · abbreviated…
  3. Annual accounts filedfiscal year 2022 · abbreviated…

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€5,797 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Active since 1987founded 04-09-1987 39 years View

By topic

Financials

Fiscal year
2024
Total assets
€818,096
Loss
-€5,797
Solvency
81.9%
Total assets▼ 5.8%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2016
  1. 31-08-2022Annual accounts filed
  2. 31-12-2021Back to profit
  3. 31-12-2021Liquidity triples
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
04-09-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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