FARMER GRAY
ActiveThe computed 12-month bankruptcy probability of FARMER GRAY is 3.1% (moderate). The 2025 annual accounts show equity of €60k and a net result of €23k. Its solvency ranks better than 60% of 11195 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
93
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency97=
Growth52
Stability94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.27 against 2.22 in 2024), and 44.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 08-10-2025, 23 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
23 d early
2024
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close14-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€60k▲ 59.6%
2024 · €38k
2024: €38k
2024 → 2025
Total assets
€109k▲ 57.8%
2024 · €69k
2024: €69k
2024 → 2025
Net result
€23k▼ 28.0%
2024 · €33k
2024: €33k
2024 → 2025
Working capital
€60k▲ 59.1%
2024 · €38k
2024: €38k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€38k-€60k▲ 59.6%
Operating result€42k-€30k▼ 30.2%
Net result€33k-€23k▼ 28.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €109k
Fixed assets
€1k
Current assets
€108k
Equity and liabilities €109k
Equity
€60k▲ 59.6%
Debt
€49k▲ 55.6%
The debt ratio falls from 45.4% to 44.8%: equity grows faster than debt.
Key figures and ratios
EBITDA
€30k▼
2024 · €43k
Cash flow
€23k▼
2024 · €34k
Solvency
55.2%▲
2024 · 54.6%
Current ratio
2.27▲
2024 · 2.22
Quick ratio
2.27▲
2024 · 2.22
Debt / equity
0.81▼
2024 · 0.83
ROE
39.1%▼
2024 · 86.7%
ROA
21.6%▼
2024 · 47.3%
Interest coverage
20.40▼
2024 · 127.46
Debt
€49k▲
2024 · €31k
Debt ≤ 1 year
€47k▲
2024 · €31k
Income taxes
€5k▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€69k€109k▲
Fixed assets21/28-€1k
Tangible fixed assets22/27-€892
Furniture and vehicles24-€892
Financial fixed assets28-€200
Current assets29/58€69k€108k▲
Amounts receivable within one year40/41€33k€6k▼
Trade receivables40€33k€5k▼
Other amounts receivable41€23€643▲
Cash at bank and in hand54/58€36k€102k▲
Equity and liabilities
Total equity and liabilities10/49€69k€109k▲
Equity10/15€38k€60k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€33k€55k▲
Amounts payable17/49€31k€49k▲
Amounts payable within one year42/48€31k€47k▲
Financial debts43€10€0▼
Other loans439€10€0▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€17k€7k▼
Taxes450/3€17k€7k▼
Other amounts payable47/48€9k€39k▲
Accrued charges and deferred income492/3€201€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€921€11▼
Other operating charges640/8-€123
Gross operating margin9900€43k€30k▼
Operating profit (loss)9901€42k€30k▼
Financial income75/76B€23€3▼
Recurring financial income75€23€3▼
Financial charges65/66B€339€1k▲
Recurring financial charges65€339€1k▲
Profit (loss) for the period before taxes9903€42k€28k▼
Income taxes67/77€9k€5k▼
Profit (loss) for the period9904€33k€23k▼
Profit (loss) for the period to be appropriated9905€33k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€56k▲
Profit (loss) brought forward from the previous period14P-€33k
Profit to be distributed694/7-€1k
Return on contributions (dividend)694-€1k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
de Meeûssquare 351000 BrusselGround area
1,266 m²
Building footprint
900 m²
Volume, LiDAR
24,012 m³
Parcel 21805E0456/00C000, Brussels · tallest building 31.7 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
chiller-store.be
since 20232.343.059.249
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0456/00C000 | Brussels | 1,266 m² | 1 · 900 m² | 31.7 m · 9 fl. |
Linked by address, not proof of ownership
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.
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SOCIETE DE COMMERCE ET D'ENTREPRISES
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Of 824 companies in sector 46620 we hold annual accounts for 639. 305 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2023
Fiscal year end31-03
Activities, NACEBEL
46620Wholesale of machine tools
46500Wholesale of information and communication equipment
46510Wholesale trade
47120Other non-specialised retail sale
47910Retail trade
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.