FAROUNI
The computed 12-month bankruptcy probability of FAROUNI is 11.7% (high). The 2024 annual accounts show equity of €322k and a net result of €283k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 85% of 327 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €322k |
| Net result | €283k |
| Staff (FTE) | 12 |
| Better than sector | 85% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | 50.7% | 12.2% | |
| Net result | €283k | €2k | |
| Equity | €322k | €18k | |
| Gross operating margin | €962k | €184k | |
| Staff costs | €558k | €226k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €1.74M |
| EBITDA | €372k |
| Net profit | €283k |
| Cash flow | €298k |
| Staff costs | €558k |
| Income taxes | €61k |
| Dividends | €81k |
| Total assets | €634k |
| Equity | €322k |
| Debt | €312k |
| of which ≤ 1y | €293k |
| of which > 1y | €19k |
| Working capital | €270k |
| Employees (FTE) | 12.0 |
| 2024 | |
|---|---|
| Current ratio | 1.92 |
| Quick ratio | 1.57 |
| Working capital ratio | 42.6% |
| Solvency | 50.7% |
| Debt / equity | 0.97 |
| Long-term debt ratio | 0.06 |
| Interest coverage | 29.40 |
| Gross margin | 55.4% |
| Net margin | 16.3% |
| ROA | 44.6% |
| ROE | 88.0% |
| EBITDA margin | 21.5% |
| Days sales outstanding | 0d |
| Days payable outstanding | 82d |
| Inventory turnover | 7.53 |
| Days inventory (DSI) | 48d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €634k |
| Fixed assets | 21/28 | €71k |
| Tangible fixed assets | 22/27 | €47k |
| Financial fixed assets | 28 | €24k |
| Current assets | 29/58 | €563k |
| Stocks & contracts in progress | 3 | €103k |
| Amounts receivable within one year | 40/41 | €1k |
| Cash & bank | 54/58 | €459k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €634k |
| Equity | 10/15 | €322k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €303k |
| Amounts payable | 17/49 | €312k |
| Amounts payable after one year | 17 | €19k |
| Amounts payable within one year | 42/48 | €293k |
| Trade debts payable within one year | 44 | €174k |
| Income statement | ||
| Turnover | 70 | €1.74M |
| Gross operating margin | 9900 | €962k |
| Operating result | 9901 | €357k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €344k |
| Income taxes | 67/77 | €61k |
| Net result for the period | 9904 | €283k |
| Result to be appropriated | 9905 | €283k |
| NACE primary | Nightclubs(56302) |
| Legal form | Private limited company(610) |
| Incorporation | 25-02-2019 |
| Status | Active |
| Postal code | 1080 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0939/00M105 | Brussels | 2,923 m² | 1 · 374 m² | 7.9 m · 2 fl. |
| 21523B0939/00N096 | Brussels | 1,602 m² | 1 · 1,480 m² | 17.0 m · 4 fl. |
| 21523B0939/00W101 | Brussels | 1,448 m² | 1 · 950 m² | 12.9 m · 3 fl. |
| 23069A0122/00S000 | Flanders | 789 m² | 1 · 498 m² | 13.9 m · 2 fl. |
| 21523B0939/00K105 | Brussels | 524 m² | 1 · 524 m² | 7.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameFR | FAROUNI |