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Farmave

Active
Private limited companyfounded 2021active for 5 yearsVolkslaan 111, 8930 Menen, BelgiumKBO/BCE: BE 0770.922.148
Summary

Farmave has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,300 and a net result of -€5,604. Equity is shrinking by about 28% per year across the filed financial years. Its solvency ranks better than 22% of 1,125 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Renting and leasing of other machinery, equipment and tangible goods
NACE 77399
1 site
Size
€636,950total assets 2025
Equity
€64,300
Loss
-€5,604
Turnover not published (abbreviated or micro format)
Financial health
80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Largest shareholder
geroFarma · 50%
Accounts 30 days early0 of 4 deeds read
Why 80raises riskFounded in 2021Equity €64,300 (10.1% of total assets)lowers riskSize: total assets €636,950Figures for financial year 2025 (filed 01-07-2026)Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 37% of its sector peers (NACE 77, micro)
Financial strength · tick = 2024
Average
Solvency 35-7
equity 10.1% of total assets
Liquidity 49-1
short-term debt 14.9% · cash 2.0%
Profitability 60-7
return on assets -0.9%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,164 companies, NACE 77, micro)
Last 24 months 11-2024: 2.1% 12-2024: 2.1%● unchanged vs 11-2024 01-2025: 2.1%● unchanged vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 1.7%▼ -0.4 percentage points vs 02-2025 04-2025: 2.3%▲ +0.6 percentage points vs 03-2025 05-2025: 2.7%▲ +0.4 percentage points vs 04-2025 06-2025: 2.8%▲ +0.1 percentage points vs 05-2025 07-2025: 2.9%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 1.4%▼ -1.5 percentage points vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 0.6%▼ -0.8 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.7%▲ +0.1 percentage points vs 11-2025 01-2026: 0.6%▼ -0.1 percentage points vs 12-2025 02-2026: 0.7%▲ +0.1 percentage points vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.8%▲ +0.1 percentage points vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▼ -0.4 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.49, compared with 0.77 in 2024, below 1; short-term debt: 14.9% and cash: 2% of total assets), and 89.9% 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 77, micro): better than 28% on solvency, 54% on liquidity, 39% on profitability and 29% on growth.

The bankruptcy probability was computed on 17-10-2026 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
lowers risk · Size: total assets €636,950
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 01-07-2026)
NBB · annual accounts
raises risk · Equity €64,300 (10.1% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
2122232425
2021 to 2025 · latest year -€5,604
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1125 sector peers (2025).
NBB · sector comparison
Position among 1125 sector peers
Solvency
better than 22%
← weakest strongest →
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 01-07-2026, 30 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
30 days early
2024
24 days early
2023
27 days late
2022
11 days early
2021
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 11 days before the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€5,604 View
  • Total assets 20255 financial years filed €636,950 View
  • Active since 2021founded 08-07-2021 5 years View

By topic

Financials

Financial year
2025
Total assets
€636,950
Loss
-€5,604
Solvency
10.1%
Total assets▲ 52.6%
Net result
20212025
Go to Financials

Timeline

Events
7
Since
2022
Next accounts
by 31-07-2027
  1. 31-12-2023Weakest financial year
  2. 20-07-2023Annual accounts filed
  3. 31-12-2022Highest result from 2021 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and leasing of other machinery, equipment and…NACE 77399
Founded
08-07-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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