Turnover
≈ €180,000 estimated
The micro format states no turnover.
FAROS
Lifetime
1 annual account with figurespeak €58,314 (2024)
€58,314
peak €58,295 (2024)
€58,295
peak €38,295 (2024)
€38,295
€77,417
Board1 name since 2024
1 director
Documentsfilings and deeds
08-11-2026465 days late
2024micro format
Incorporation 30-01Dividend €38,0001 establishment registeredFirst year with figures
Key points
from the 2024 annual accountsStarting capital
€100 100 shares
Position in the sector
€58,295
Higher net result than 81% of companies in social work without accommodation. Sector median €11,824 · 700 companies.
2024 accounts filed 465 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as FAROS has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 39,274 companies, not a prediction for FAROS. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1005245840
Incorporation
Founding capital of €100, 100 shares · Founder: · Appointment: (director) · published on 30-01-2024 · Gazette deed
First establishment
Chaussée de Bruxelles 94, Waterloo
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FAROS Braine-l'Alleud | €115,712 | €58,314 | 33.1% | - |
| SupportEve Puurs-Sint-Amands | €121,327 | €42,305 | 68.9% | - |
| PARALLEL GEZINSPRAKTIJK Londerzeel | €73,168 | €41,041 | 90.8% | - |
| ATLASS Londerzeel | €100,828 | €75,074 | 17.4% | - |
| Burgerplicht vzw Ghent | €61,680 | €92,020 | 51.2% | - |
| Punt. Berlaar | €107,841 | €111,718 | 75.2% | - |
| BBEF Sint-Gillis (bij-Brussel) | €161,081 | €102,302 | 83.3% | - |
These companies have the same main activity as FAROS: social work activities without accommodation (NACE 88994). They are comparable in size and age: total assets between €61,700 and €161,000, founded between 2014 and 2023.
Official details
Source: KBO- Status
- Active since 26-01-2024Normal situation
- Activity
- Social work activities without accommodationNACE 88994and 1 other
- Establishment unit
- 2.355.108.8271410 Waterloo, since 26-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 12-06-2026
Insights on FAROS
The 2024 annual accounts show equity of €38,295 and a net result of €58,295. Its solvency ranks better than 43% of 699 sector peers (NACE 88, financial year 2024).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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 FAROS
- What is the company number of FAROS?
- The company number of FAROS is 1005.245.840. The VAT number is the same number with BE in front: BE 1005.245.840.
- Where is FAROS based?
- The registered office is at Square Drouet d'Erlon 6, 1420 Braine-l'Alleud.Company details
- What does FAROS do?
- According to the KBO register, the main activity is social work activities without accommodation (NACE 88994).
- What is the legal form of FAROS?
- FAROS is a private limited company (BV).
- When was FAROS founded?
- FAROS was founded on 26-01-2024.
- Is FAROS still active?
- Yes, FAROS is an active enterprise in the KBO register.
- What is the turnover of FAROS?
- The turnover in financial year 2024 is ≈ €180,000. This figure is estimated from the gross margin of €58,314 and 2,666 comparable companies of the same size. It probably lies between €120,000 and €300,000. It is a rough estimate.Financials
- Is FAROS profitable?
- In financial year 2024, FAROS made a profit of €58,295.
- Where can I find the annual accounts of FAROS?
- FAROS filed 1 annual account with the National Bank of Belgium, for financial year 2024.
Next steps
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