FARO
ActiveSummary
FARO has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,823 and a net result of €3. Equity has been stable since 2018 (±1.2% per year). Its solvency ranks better than 76% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 06-01-1988 Normal situation
- Activity
- Wholesale trade NACE 46442and 1 other
- Joint committee
- 110 Paritair Comité voor de textielverzorging · annual accounts 2025
- Establishment unit
- 2.032.709.630 2610 Antwerpen, since 22-01-1988
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €32,115
- ▲ 30.0%
- Turnover
- ≈ €170,000
- estimated
- Profit
- €3
- ▼ 93.8%
- Equity
- €35,823
- =
- Total assets
- €49,420
- ▼ 1.6%
- Employees on 31-12-2025
- 2
- =
Score breakdownlowers riskLiquidity: current ratio 3.04, cash €27,283Founded in 1988Equity €35,823 (72.5% of total assets)Figures for financial year 2025 (filed on 22-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 46, micro). It does better than 77% of them on solvency, 91% on liquidity, 51% on profitability and 40% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
Recent changes
- · Gazette deed Purpose · Amendment of the articles · Legal-form change · Resignations & appointments
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as FARO: wholesale trade (NACE 46442). They are comparable in size and age: total assets between €47,100 and €97,900, founded between 1990 and 1996.
| Company | Total assets | Gross margin |
|---|---|---|
| FARO Antwerpen | €49,420 | €32,115 |
| GNS Special Products Ravels | €94,134 | €46,544 |
| Etablissements COLONVAL R.J.M. Courcelles | €49,858 | €37,136 |
| JACOBY Eupen | €47,095 | €15,091 |
| DELTA SOL Dilbeek | €85,104 | €16,853 |
| The Administration and Sales Corporation Sint-Niklaas | €81,757 | €51,190 |
| QUALITY FIRST Brecht | €97,892 | €16,716 |
Key facts about FARO
- What is the company number of FARO?
- The company number of FARO is 0433.019.084. The VAT number is the same number with BE in front: BE 0433.019.084.
- Where is FARO based?
- The registered office is at Groenenborgerlaan 73, 2610 Antwerpen.Company details
- What does FARO do?
- According to the KBO register, the main activity is wholesale trade (NACE 46442).
- What is the legal form of FARO?
- The legal form of FARO is Private limited company (BV).
- When was FARO founded?
- FARO was founded on 06-01-1988.
- Is FARO still active?
- Yes, FARO is an active enterprise in the KBO register.
- How many employees does FARO have?
- FARO had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does FARO fall under?
- In its 2025 annual accounts, FARO states joint committee 110 (Paritair Comité voor de textielverzorging).
- What is the turnover of FARO?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €32,115 and 33 comparable companies (NACE 464). It probably lies between €100,000 and €340,000.
- Is FARO profitable?
- In financial year 2025, FARO made a profit of €3.
- Where can I find the annual accounts of FARO?
- FARO filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FARO due?
- FARO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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