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FAROW

Active
Public limited companyfounded 2017active for 9 yearsKempische steenweg 303, 3500 Hasselt, Belgium66 active companies are registered at this addressKBO/BCE: BE 0676.380.406
Summary

FAROW has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €839,998 and a net result of -€283,274. Equity is shrinking by about 13% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 78% of 568 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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FAROWActiveChecked score 86/100
Risk analysis ReportCompare

History

On 29 May 2017, FAROW was incorporated.1 The capital was increased 2 times in 2025.23 Total assets went from €282,336 in 2018 to €1.1m in 2025 and headcount from 0.5 to 0.3 full-time equivalents.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 15-10-2025
  3. 3Belgian Official Gazette, 30-10-2025
  4. 4National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
12-08
Gazette deed Resignation: Dirk LOECKX (director)
Director discharge · Power of attorney4 facts ▸
  • General meeting, 29-05-2026
  • Director resignation, Dirk LOECKX (director)
  • Director discharge, Dirk LOECKX (director)
  • Power of attorney, MOORE FINANCE & TAX
01-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Weakest financial yearnet -€283,274
Net result drops to -€283,274, the lowest in the series.
31-12
Financial Liquidity more than 9 timescurrent ratio 6.78
Current ratio from 0.73 to 6.78; short-term debt falls from €214,877 to €125,153.
31-12
Financial Equity above €500,000equity €839,998
Equity rises from -€504,173 to €839,998.
30-10
Gazette deed Appointments: EERAERTS Willem (class A director) and Niels DIEPVENS (class B director)
Capital increase · Amendment of the articles · Capital14 facts ▸
  • General meeting, 30-09-2025
  • Other provision, “registration details”, EUR (deed in Dutch)
  • Other provision, “waiver of reading, artikel 7:179 §3 WVV” (deed in Dutch)
  • Other provision, “special report board, artikel 7:155 WVV” (deed in Dutch)
  • Other provision, “special report auditor, artikel 7:155 WVV” (deed in Dutch)
  • Capital increase, €18,890.65
  • Amendment of the articles, “dertien” (deed in Dutch)
  • Capital, €243,748.72
  • Kind of shares, “A-aandelen” (deed in Dutch)
  • Kind of shares, “B-aandelen” (deed in Dutch)
  • Director appointment, EERAERTS Willem (class A director)
  • Director appointment, Niels DIEPVENS (class B director)
  • +2 further facts in this act
15-10
Gazette deed Resignations: Tim BUCKINX, Patrick HELLEMANS and Dirk LOECKX
Appointments: Tim BUCKINX, Dirk LOECKX and 3 others · Declaration · Auditor report24 facts ▸
  • General meeting, 17-07-2025
  • Declaration, “waiver of report reading, afstand van toepassing artikel 7:179 §1 WVV” (deed in Dutch)
  • Auditor report, 17-07-2025
  • Amendment of the articles
  • Capital, €224,858.07
  • Director resignation, Tim BUCKINX (director)
  • Director resignation, Patrick HELLEMANS (director)
  • Director resignation, Dirk LOECKX (director)
  • Director appointment, Tim BUCKINX (class A director)
  • Director appointment, Dirk LOECKX (class A director)
  • Director appointment, Wilfried VANCRAEN (class B director)
  • Director appointment, Rosalie DECLERCQ (class B director)
  • +12 further facts in this act
07-07
Gazette deed Reappointments: Tim Buckinx (managing director) and Dirk Loeckx (class A director)
Declaration12 facts ▸
  • General meeting, 02-06-2025
  • Declaration, “acceptance of mandate and no-ban declaration” (deed in Dutch) (2 times)
  • Director in office, Tim Buckinx (class A director)
  • Director in office, Dirk Loeckx (class A director)
  • Board meeting, 02-06-2025
  • Director reappointment, Tim Buckinx (managing director)
  • Board composition, Tim Buckinx (class A director and managing director)
  • Board composition, Dirk Loeckx (class A director)
  • Board composition, Patrick Hellemans (class B director)
  • Other provision, “form instructions for notary or authorized representative signature and account number” (deed in Dutch)
  • Director reappointment, Tim Buckinx (class A director)
  • Director reappointment, Dirk Loeckx (class A director)
15-06
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
08-01
Gazette deed Resignations: JIDOKA BV (class B director) and we+ NV (class B director)
Permanent representative: Patrick Hellemans · Appointments: we+ NV (class B director) and Patrick Hellemans (class B director) · Director discharge13 facts ▸
  • General meeting, 05-12-2024
  • Director resignation, JIDOKA BV (class B director)
  • Permanent representative, Patrick Hellemans (3 times)
  • Director discharge, JIDOKA BV
  • Director discharge, Patrick Hellemans
  • Director appointment, we+ NV (class B director)
  • Other provision, “aanvaarding benoeming, aanvaarding mandaat en geen verzetsmaatregel” (deed in Dutch) (3 times)
  • Director resignation, we+ NV (class B director)
  • Director discharge, we+ NV
  • Director appointment, Patrick Hellemans (class B director)
  • Board composition, Tim Buckinx (class A director and managing director)
  • Board composition, Dirk Loeckx (class A director)
  • +1 further fact in this act
2024
05-06
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
31-12
Financial Liquidity more than 22 timescurrent ratio 1.07
Current ratio from 0.05 to 1.07.
Show earlier events
28-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
13-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
30-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 30 days late
2020
25-06
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
18-07
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
5 of 11 deeds read
About the unread acts

Of the 11 Belgian Official Gazette deeds we know for this company, 5 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

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