FARNIENTE
FARNIENTE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.18M and a net result of €522k. Equity is growing by ~40.4% per year across the filed fiscal years. Its solvency ranks better than 23% of 863 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
| Equity | €1.18M |
| Net result | €522k |
| Staff (FTE) | 45 |
| Better than sector | 23% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 17.5% | 36.1% | |
| Net result | €522k | €108k | |
| Equity | €1.18M | €1.50M | |
| Staff costs | €2.63M | €1.10M | |
| Employees (FTE) | 45.0 | 22.1 |
Figures by fiscal year and ratios
| Fiscal year | 2024 Δ | 2023 Δ | 2022 Δ |
|---|---|---|---|
| Deposit | full schema | full schema | full schema |
| Revenue | +0.3% | +17.2% | - |
| EBITDA | +103.4% | +36.5% | - |
| Net profit | +2195.2% | - | - |
| Cash flow | +168.3% | +15.3% | - |
| Staff costs | +9.4% | +8.6% | - |
| Income taxes | +189.1% | +156.9% | - |
| Dividends | - | - | - |
| Total assets | +32.5% | -3.5% | - |
| Equity | +78.2% | +2.7% | - |
| Debt | +27.4% | -10.2% | - |
| of which ≤ 1y | +18.0% | -11.9% | - |
| of which > 1y | +60.3% | -0.8% | - |
| Working capital | +97.6% | +354.3% | - |
| Employees (FTE) | +3.9% | -4.2% | - |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 1.28 | 1.17 | 1.03 |
| Quick ratio | 1.16 | 1.03 | 0.90 |
| Working capital ratio | 17.4% | 11.7% | 2.5% |
| Solvency | 17.5% | 13.0% | 12.2% |
| Debt / equity | 4.49 | 6.29 | 7.20 |
| Long-term debt ratio | 0.83 | 0.92 | 0.95 |
| Interest coverage | 10.16 | 3.38 | 4.16 |
| Gross margin | 45.8% | 43.3% | 44.0% |
| Net margin | 3.7% | 0.2% | -0.6% |
| ROA | 7.7% | 0.4% | -1.3% |
| ROE | 44.4% | 3.4% | -11.0% |
| EBITDA margin | 8.8% | 4.3% | 3.7% |
| Days sales outstanding | 40d | 37d | 42d |
| Days payable outstanding | 85d | 79d | 118d |
| Inventory turnover | 15.52 | 16.60 | 12.87 |
| Days inventory (DSI) | 24d | 22d | 28d |
Full annual accounts (26 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €6.74M | €5.08M | €5.27M |
| Fixed assets | 21/28 | €1.39M | €954k | €1.12M |
| Tangible fixed assets | 22/27 | €1.37M | €934k | €1.10M |
| Financial fixed assets | 28 | €20k | €20k | €19k |
| Current assets | 29/58 | €5.35M | €4.13M | €4.14M |
| Stocks & contracts in progress | 3 | €489k | €476k | €518k |
| Amounts receivable within one year | 40/41 | €4.21M | €3.50M | €3.41M |
| Cash & bank | 54/58 | €597k | €118k | €150k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.74M | €5.08M | €5.27M |
| Equity | 10/15 | €1.18M | €660k | €643k |
| Contributions / capital | 10/11 | €500k | €500k | €500k |
| Reserves | 13 | €54k | €54k | €54k |
| Accumulated profits (losses) | 14 | €494k | €-28k | €-51k |
| Provisions & deferred taxes | 16 | €273k | €273k | - |
| Amounts payable | 17/49 | €5.29M | €4.15M | €4.62M |
| Amounts payable after one year | 17 | €973k | €607k | €612k |
| Amounts payable within one year | 42/48 | €4.17M | €3.53M | €4.01M |
| Trade debts payable within one year | 44 | €1.77M | €1.71M | €2.16M |
| Income statement | ||||
| Turnover | 70 | €14.00M | €13.96M | €11.91M |
| Operating result | 9901 | €916k | €317k | €103k |
| Financial income | 75 | €6k | €8k | €8k |
| Financial charges | 65 | €150k | €215k | €147k |
| Result before taxes | 9903 | €772k | €109k | €-37k |
| Income taxes | 67/77 | €250k | €87k | €34k |
| Net result for the period | 9904 | €522k | €23k | €-70k |
| Result to be appropriated | 9905 | €522k | €23k | €-70k |
Historic, not recently confirmed (1)
-
SCS BEDEL HOLDINGLegal entityDirector· perm. rep.: Bernard DELFOSSEState Gazette act 20007568 (13-01-2020)Not recently confirmedlast confirmed in an act from 2020
3 events
- 13-01-2020 Mandate renewed· Director
- 13-01-2020 Appointed· Managing director
- 02-01-2017 Appointed· Director
Former directors (4)
-
Former22-09-2014 → 27-11-2020
3 events
- 27-11-2020 Resigned· Director
- 13-01-2020 Mandate renewed· Director
- 22-09-2014 Mandate renewed· Director
-
Former22-09-2014 → 10-12-2019
2 events
- 10-12-2019 Resigned· Director
- 22-09-2014 Mandate renewed· Director
-
Former22-09-2014 → 02-01-2017
3 events
- 02-01-2017 Resigned· Director
- 22-09-2014 Mandate renewed· Director
- 22-09-2014 Appointed· Managing director
-
Former22-09-2014 → 21-12-2015
2 events
- 21-12-2015 Resigned· Director
- 22-09-2014 Appointed· Director
| REWISE AD REVISEUR D'ENTREPRISES SRLCurrent Statutory auditor · represented by Axel DUMONT | 11-12-2025 → present |
| NACE primary | Manufacture of food products(10111) |
| Legal form | Public limited company(014) |
| Incorporation | 21-12-1990 |
| Status | Active |
| Postal code | 5300 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92411E0021/00M002 | Wallonia | 9,167 m² | 1 · 895 m² | - |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
11-12-2025 Axel DUMONT appointed as statutory auditor
- Axel DUMONT, Commissaris
Technical details
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}08-12-2020 DELFOSSE Roland resigns as director
- DELFOSSE Roland, Bestuurder
Technical details
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"evidence_quote": "L\u0027Assembl\u00E9e approuve \u00E0 l\u0027unan\u00EDmit\u00E9 la d\u00E9m\u00EDssion de Monsieur DELFOSSE Roland de son mandat d\u0027administrateur \u00E0 dater de ce jour."
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}13-01-2020 1 director appointed, 1 resigning, 2 reappointed
- Bernard DELFOSSE, Gedelegeerd bestuurder
- Géraldine DELFOSSE, Bestuurder
- Bernard DELFOSSE, Bestuurder
- Roland DELFOSSE, Bestuurder
Technical details
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"evidence_quote": "Les mandats d\u0027administrateurs de Monsieur Roland DELFOSSE, de Madame G\u00E9raldine DELFOSSE et de la SCS BEDEL HOLDING, repr\u00E9sent\u00E9e par Bernard DELFOSSE sont renouvel\u00E9s pour une dur\u00E9e de 6 ans."
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"effective_date": "2019-12-10",
"evidence_quote": "L\u0027assembl\u00E9e adopte \u00E0 l\u0027unanimit\u00E9 la d\u00E9mission de Madame G\u00E9raldine DELFOSSE de son mandat d\u0027administrateur \u00E0 dater de ce jour."
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}12-05-2017 1 director appointed, 1 resigning
- Bernard DELFOSSE, Bestuurder
- Bernard DELFOSSE, Bestuurder
Technical details
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"evidence_quote": "L\u0027assembl\u00E9e nomme la SCS BEDEL HOLDING (num\u00E9ro d\u0027entreprise BE 0827.846.437) dont le si\u00E8ge social est situ\u00E9 Rue du Double Ecot, 32 \u00E0 1380 Couture-Saint-Germain, repr\u00E9sent\u00E9e par Monsieur Bernard DELFOSSE, pour un mandat d\u0027une dur\u00E9e de 30 mois, qui se terminera \u00E0 l\u0027assembl\u00E9e g\u00E9n\u00E9rale de juin 2019."
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}21-12-2015 Guillaume Delfosse resigns as director
- Guillaume Delfosse, Bestuurder
Technical details
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"evidence_quote": "Lors de l\u0027assembl\u00E9e g\u00E9n\u00E9rale ordinaire du 22 juin 2015, la d\u00E9mission de Monsieur Guillaume Delfosse son poste d\u0027administrateur a \u00E9t\u00E9 accept\u00E9e."
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}22-09-2014 2 directors appointed, 3 reappointed
- Guillaume DELFOSSE, Bestuurder
- Bernard DELFOSSE, Gedelegeerd bestuurder
- Bernard DELFOSSE, Bestuurder
- Roland DELFOSSE, Bestuurder
- Géraldine DELFOSSE, Bestuurder
Technical details
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}| Legal nameFR | FARNIENTE |