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FAROEK

Active Private limited companyfounded 2022active for 4 yearsDaliastraat 10, 2580 PutteKBO/BCE: BE 0783.903.124

Lifetime

3 annual accounts with figures on one time axis
peak €129,599 (2023)
€102,041▲ 103%
peak €99,127 (2023)
€75,596▲ 117%
peak €218,710 (2025)
€218,710▲ 52.8%
€35,793▼ 26.0%
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
15-06-202646 days before the deadline
2025micro format
Gross margin from €50,371 to €102,041Result from €34,788 to €75,596Equity from €143,115 to €218,710Debts from €48,353 to €35,793

Key points

from the 2025 annual accounts

Equity

€218,710 ▲ 52.8%
€143,0002024€219,0002025

Equity rose in 2025 from €143,115 to €218,710.

Liquidity

6.47 was 3.46 in 2024

Short-term debts fell from €48,353 to €35,793.

Position in the sector

€75,596

Higher net result than 91% of companies in publishing. Sector median €6,040 · 901 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,326 companies had the same profile as FAROEK has now. Each dot stands for 99 companies, two years later.

95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,326 companies, not a prediction for FAROEK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
Director
  • founderdeed of 30-03-2022
  • founderdeed of 30-03-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0783903124
Incorporation Founding capital of €10,000 · Founders: and · Appointment: (director) · published on 30-03-2022 · Gazette deed
First establishment Daliastraat 10, Putte
All 8 events

Comparable companies

same main activity, similar in size and age
Company
FAROEK Putte €254,503 €102,041 85.9% -
ALCYONE NAUTIC EDITIONS Brasschaat €244,717 €45,818 91.6% 0.8
BAPTISTE WAUTIER, CONSEILS ET PROJETS Braine-le-Comte €213,987 €157,319 0.9% -
Uitgeverij Plataan Antwerp €203,119 €37,828 47.9% -
Uitgeverij Lauwert Menen €376,593 €122,450 18.0% -
Almine Rech Editions Ixelles €516,323 €42,599 -99.3% -
MENSCH Brussels €469,894 €43,844 6.3% -

These companies have the same main activity as FAROEK: book publishing (NACE 58110). They are comparable in size and age: total assets between €203,000 and €516,000, founded between 2020 and 2022.

Official details

Source: KBO
Status
Active since 28-03-2022Normal situation
Activity
Book publishingNACE 58110and 4 others
Establishment unit
2.329.434.1152580 Putte, since 28-03-2022
Financial year end
31 December
Peppol
Reachable since 02-04-2025
Company details

Annual accounts 2025

≈ €260,000estimated
€254,503▲ 32.9%
≈ 0.1 FTEestimated
Filing
Filed on 15-06-2026, 46 days before the end of the filing period
Financials

Insights on FAROEK

FAROEK files the micro format. That format states no turnover. The gross margin fell from €129,599 in 2023 to €102,041 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FAROEK

What is the company number of FAROEK?
The company number of FAROEK is 0783.903.124. The VAT number is the same number with BE in front: BE 0783.903.124.
Where is FAROEK based?
The registered office is at Daliastraat 10, 2580 Putte.Company details
What does FAROEK do?
According to the KBO register, the main activity is book publishing (NACE 58110).
What is the legal form of FAROEK?
FAROEK is a private limited company (BV).
When was FAROEK founded?
FAROEK was founded on 28-03-2022.
Is FAROEK still active?
Yes, FAROEK is an active enterprise in the KBO register.
What is the turnover of FAROEK?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €102,041 and 2,204 comparable companies of the same size. It probably lies between €170,000 and €400,000. It is a rough estimate.Financials
Is FAROEK profitable?
In financial year 2025, FAROEK made a profit of €75,596.
Where can I find the annual accounts of FAROEK?
FAROEK filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FAROEK due?
FAROEK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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