Financials
- Financial year
- 2025
- Total assets
- €15.3m
- Loss
- -€793,496
- Solvency
- 3.5%
FARMATT
ActiveSummary
FARMATT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €531,504 and a net result of -€793,496. Its solvency ranks better than 22% of 11,189 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201Raising of horses and other equines NACE 01430
Largest company by total assets in Oosterzele, Real estate sector1 site
Size
€15.3mtotal assets 2025
- Staff
- 1.4 FTE
- Equity
- €531,504
- Loss
- -€793,496
Turnover not published (abbreviated format)
Structure
- Holdings
- 1
- MATTENS Kurt Walter LouisaDirector
2025 accounts filed 75 days late
Why 66raises riskLast filed accounts filed 75 days late; 1 of the last 3 lateLiquidity: current ratio 111.98, cash €76,351lowers riskSector: Real estate activities (NACE 68)Size: 1.4 FTE, total assets €15.3mShow the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 31% of its sector peers (NACE 68, micro)
Financial strength
Weak
Solvency
28
equity 3.5% of total assets
Liquidity
51
short-term debt 0.4% · cash 0.5%
Profitability
12
return on assets -5.2%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2025: 0.7%lowest value
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.8%▲ +0.1 percentage points vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 0.9%▲ +0.1 percentage points vs 07-2025
09-2025: 1.0%▲ +0.1 percentage points vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 0.9%▼ -0.1 percentage points vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 1.0%▲ +0.1 percentage points vs 12-2025
02-2026: 1.1%▲ +0.1 percentage points vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.1%● unchanged vs 06-2026
08-2026: 1.1%● unchanged vs 07-2026
09-2026: 1.6%▲ +0.5 percentage points vs 08-2026highest value
10-2026: 0.9%▼ -0.7 percentage points vs 09-2026
Credit of up to €35,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
short-term debt: 0.4% and cash: 0.5% of total assets, and 96.5% of the assets are financed with debt and provisions.
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 68, micro): better than 24% on solvency, 54% on liquidity and 15% on profitability.
The bankruptcy probability was computed on 24-10-2026 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 risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 11189 sector peers (2025).
NBB · sector comparisonPosition among 11189 sector peers
Solvency
better than 22%
← weakest
strongest →
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 75 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-10-2026, 75 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 filingDeviation from the deadline
2025
75 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Resignation: Senne Mattens (director)Power of attorney
- IncorporationAppointments: MATTENS Senne (gewone bestuurder)…
Key points
By topic
Board & ownership
- Board
- 1 member
- MATTENS Kurt Walter LouisaDirector
Network & group
- Subsidiaries
- 1
- Connected companies
- 3
1 subsidiary
Timeline
- Events
- 3
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Renting and operating of own or leased residential…NACE 68201
- Founded
- 12-02-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 11
- Annual meeting
- Last Friday of May at 10:00
- Purpose
- “Holdingmaatschappij welke alle financiële verrichtingen zal stellen in verband met…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
Key facts about FARMATT
- What is the company number of FARMATT?
- 1005.898.908. In Belgium the VAT number is the company number with BE in front: BE 1005.898.908.
- Where is FARMATT based?
- The registered office is at Roosbroekstraat 2, 9860 Oosterzele.Company details
- What does FARMATT do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of FARMATT?
- Private limited company (BV).
- When was FARMATT founded?
- On 12-02-2024.
- Is FARMATT still active?
- Yes, FARMATT is an active enterprise in the KBO register.
- How many employees does FARMATT have?
- On average 1.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FARMATT?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is FARMATT profitable?
- In financial year 2025, FARMATT made a loss of €793,496.
- Where can I find the annual accounts of FARMATT?
- FARMATT filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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