FARRAMED
ActiveSummary
FARRAMED has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €553,723 and a net result of €53,046. Equity has been stable since 2019 (±1.6% per year). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-12-1994 Normal situation
- Activity
- No activity registered in the KBO
- Establishment units
- 2.087.205.913 1160 Oudergem, since 19-06-1998
- 2.134.142.431 3090 Overijse, since 15-10-2003
- Financial year end
- 30 June
- Peppol
- Reachable since 19-04-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
Annual accounts to 30-06-2025
- Gross margin
- €66,636
- ▲ 468%
- Turnover
- ≈ €200,000
- estimated
- Profit
- €53,046
- Equity
- €553,723
- ▲ 10.6%
- Total assets
- €792,587
- ▼ 34.0%
- 2025 accounts filed 246 days after the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingLast filed accounts filed 247 days late; 2 of the last 3 accounts latelowers riskSize: total assets €792,587Equity €553,723 (69.9% of total assets)Founded in 1994Show the evidence
Checked score
Score 2025
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 57% of micro companies without a NACE code
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency
95+28
equity 69.9% of total assets
Liquidity
51+5
short-term debt 17.6% · cash 4.3%
Profitability
77+23
return on assets 6.7%
Bankruptcy probability within 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 1.2%▲ +0.3 percentage points vs 12-2024
02-2025: 1.6%▲ +0.4 percentage points vs 01-2025
03-2025: 2.0%▲ +0.4 percentage points vs 02-2025
04-2025: 3.5%▲ +1.5 percentage points vs 03-2025
05-2025: 3.7%▲ +0.2 percentage points vs 04-2025
06-2025: 1.5%▼ -2.2 percentage points vs 05-2025
07-2025: 3.4%▲ +1.9 percentage points vs 06-2025
08-2025: 0.9%▼ -2.5 percentage points vs 07-2025
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.8%▼ -0.1 percentage points vs 11-2025
01-2026: 1.0%▲ +0.2 percentage points vs 12-2025
02-2026: 1.4%▲ +0.4 percentage points vs 01-2026
03-2026: 1.5%▲ +0.1 percentage points vs 02-2026
04-2026: 2.2%▲ +0.7 percentage points vs 03-2026
05-2026: 2.3%▲ +0.1 percentage points vs 04-2026
06-2026: 2.8%▲ +0.5 percentage points vs 05-2026
07-2026: 4.9%▲ +2.1 percentage points vs 06-2026
08-2026: 4.9%● unchanged vs 07-2026
09-2026: 5.0%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.6%▼ -4.4 percentage points vs 09-2026lowest value
11-2026: 0.6%● unchanged vs 10-2026lowest value
Credit of up to €30,000 on 30-day terms, only on tighter conditions: the latest accounts were filed more than 90 days after the deadline
Liquidity is insufficient, with a current ratio of 0.98 (0.17 in 2024), below 1. Short-term debt is 17.6% and cash 4.3% of total assets. 30.1% of the assets are financed with debt and provisions.
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 (no NACE code, micro). It does better than 58% of them on solvency, 42% on liquidity, 60% on profitability and 68% on growth.
The bankruptcy probability was computed on 03-11-2026 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).
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €553,723
raises risk · 2025 accounts filed 246 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 04-10-2026, 246 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
246 days late
2024
560 days late
2023
20 days late
2022
944 days late
2021
7 days late
2020
180 days late
2019
16 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 277 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 4 October (4 of the last 5 accounts filed within 314 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end03-11-2026 today31-01-2027 deadline
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 246 days after the deadline Filed on 4 October 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00545642.
Annual accounts 2025 filed on 04-10-2026 at the NBB all 28 filings
Turnover
€2,919
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
€53,046
2024 · -€2,063
Working capital
-€2,194▲ 98.7%
2024 · -€175,416
Multi-year overview
2019 to 2025, 7 financial yearsTurnover
no figure
2025
20192025
Operating result
€59,366
▲ 989%
2025
20192025
Net result
€53,046
2025
20192025
Equity
€553,723
▲ 10.6%
2025
20192025
Total assets
€792,587
▼ 34.0%
2025
20192025
Debt
€238,864
▼ 65.9%
2025
20192025
Working capital
-€2,194
▲ 98.7%
2025
20192025
Staff (FTE)
no figure
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Turnover€0.003m
Operating result€0.04m-€0.05m▲ 29.7%€0.06m▲ 27.5%€0.006m▼ 89.9%€0.008m▲ 30.6%€0.005m▼ 28.7%€0.06m▲ 989%
Net result-€0.04m-€0.02m€0.02m▲ 20.4%-€0.002m-€0.008m▼ 359%-€0.002m▲ 75.3%€0.05m
Equity€0.5m-€0.5m▲ 3.2%€0.5m▲ 3.7%€0.5m▼ 0.4%€0.5m▼ 1.6%€0.5m▼ 0.4%€0.6m▲ 10.6%
Total assets€1.5m-€1.4m▼ 5.5%€1.5m▲ 7.8%€1.4m▼ 10.7%€0.8m▼ 41.5%€1.2m▲ 51.8%€0.8m▼ 34.0%
Debt€1.0m-€0.9m▼ 9.6%€1.0m▲ 10.0%€0.8m▼ 16.0%€0.3m▼ 65.7%€0.7m▲ 143%€0.2m▼ 65.9%
Working capital-€0.2m--€0.2m▼ 29.6%-€0.08m▲ 62.7%-€0.2m▼ 145%-€0.1m▲ 49.3%-€0.2m▼ 72.1%-€0.002m▲ 98.7%
Staff (FTE)0.8-0.7▼ 12.5%
The operating result for 2025 is nearly 11 times that of 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €792,587
Fixed assets
€655,644 ▼ 43.7%
Current assets
€136,943 ▲ 276%
Equity and liabilities €792,587
Equity
€553,723 ▲ 10.6%
Debt
€238,864 ▼ 65.9%
Debt's share of the balance-sheet total falls from 58.3% to 30.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65,656▲
2024 · €11,741
Cash flow
€59,336▲
2024 · €4,227
Current ratio
0.98▲
2024 · 0.17
Debt to equity
0.43▼
2024 · 1.40
ROE
9.6%▲
2024 · -0.4%
ROA
6.7%▲
2024 · -0.2%
Interest coverage
10.39▲
2024 · 1.56
Debt ≤ 1 year
€139,137▼
2024 · €211,847
Debt > 1 year
€99,727▼
2024 · €489,013
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | €2,919 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | €6,178 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36,566 | €36,566 | €7,939 | €6,290 | €6,290 | €6,290 | €6,290 | = |
| Other operating charges640/8 | - | - | - | €936 | - | - | €980 | - |
| Gross operating margin9900 | €102,661 | €101,256 | €72,724 | €13,076 | €13,932 | €11,741 | €66,636 | ▲ 468% |
| Operating profit (loss)9901 | €35,165 | €45,612 | €58,140 | €5,850 | €7,642 | €5,451 | €59,366 | ▲ 989% |
| Recurring financial income75 | €4,180 | €4,325 | €496 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €5,229 | €16,000 | €7,514 | €6,320 | ▼ 15.9% |
| Recurring financial charges65 | €75,521 | €28,693 | €27,168 | €5,229 | €16,000 | €7,514 | €6,320 | ▼ 15.9% |
| Profit (loss) for the period before taxes9903 | -€36,176 | €21,244 | €31,468 | €622 | -€8,358 | -€2,063 | €53,046 | - |
| Income taxes67/77 | €3,360 | €6,036 | €13,156 | €2,442 | - | - | - | - |
| Profit (loss) for the period9904 | -€39,536 | €15,208 | €18,313 | -€1,821 | -€8,358 | -€2,063 | €53,046 | - |
| Profit (loss) for the period to be appropriated9905 | -€39,536 | €15,208 | €18,313 | -€1,821 | -€8,358 | -€2,063 | €53,046 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.5m | €1.4m | €1.5m | €1.4m | €0.8m | €1.2m | €0.8m | ▼ 34.0% |
| Fixed assets21/28 | €1.4m | €1.3m | €1.3m | €1.3m | €0.8m | €1.2m | €0.7m | ▼ 43.7% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 4.2% |
| Land and buildings22 | - | - | - | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 4.4% |
| Other tangible fixed assets26 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Financial fixed assets28 | €1.2m | €1.2m | €1.2m | €1.2m | €0.6m | €1.0m | €0.5m | ▼ 49.5% |
| Current assets29/58 | €0.1m | €0.06m | €0.2m | €0.03m | €0.02m | €0.04m | €0.1m | ▲ 276% |
| Amounts receivable after more than one year29 | - | - | - | €0.02m | €0.01m | €0.03m | €0.05m | ▲ 72.3% |
| Other amounts receivable291 | - | - | - | €0.02m | €0.01m | €0.03m | €0.05m | ▲ 72.3% |
| Amounts receivable within one year40/41 | €0.02m | €0.02m | €0.1m | €0.001m | - | - | - | - |
| Trade receivables40 | - | - | - | €0.001m | - | - | - | - |
| Cash at bank and in hand54/58 | €0.01m | €0.004m | €469 | - | €0.007m | €0.007m | €0.03m | ▲ 390% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €0.001m | €0.05m | ▲ 47× |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.5m | €1.4m | €1.5m | €1.4m | €0.8m | €1.2m | €0.8m | ▼ 34.0% |
| Equity10/15 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.6m | ▲ 10.6% |
| Contributions10/11 | €0.02m | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Profit (loss) carried forward14 | €48 | €56 | €68 | -€0.002m | -€0.01m | -€0.01m | €0.04m | - |
| Amounts payable17/49 | €1.0m | €0.9m | €1.0m | €0.8m | €0.3m | €0.7m | €0.2m | ▼ 65.9% |
| Amounts payable after more than one year17 | €0.7m | €0.6m | €0.7m | €0.6m | €0.2m | €0.5m | €0.1m | ▼ 79.6% |
| Financial debts170/4 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 8.4% |
| Other amounts payable178/9 | - | - | - | €0.4m | - | €0.4m | - | - |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.3m | €0.2m | €0.1m | €0.2m | €0.1m | ▼ 34.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.07m | €0.09m | €0.1m | €0.09m | ▼ 27.2% |
| Financial debts43 | - | - | - | €0.05m | - | €0.02m | €0.03m | ▲ 42.0% |
| Credit institutions430/8 | - | - | - | €0.05m | - | €0.02m | €0.03m | ▲ 42.0% |
| Trade debts44 | €0.01m | €0.004m | €0.06m | - | €0.002m | - | - | - |
| Suppliers440/4 | - | - | - | - | €0.002m | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.03m | €0.03m | €0.03m | = |
| Taxes450/3 | - | - | - | €0.02m | €0.03m | €0.03m | €0.03m | = |
| Other amounts payable47/48 | - | - | - | €0.09m | - | €0.05m | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€39,536 | €15,208 | €18,313 | -€1,821 | -€8,358 | -€2,063 | €53,046 | - |
| + Depreciation and write-downs630 | €36,566 | €36,566 | €7,939 | €6,290 | €6,290 | €6,290 | €6,290 | = |
| Operating cash flow (approximation) | -€2,970 | €51,774 | €26,252 | €4,470 | -€2,068 | €4,227 | €59,336 | ▲ 14× |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €549,255 | -€400,068 | €503,171 | - |
| Change in cash | - | -€8,114 | -€3,738 | - | - | -€231 | €27,157 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 28 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 04-10-2026 | 2026-00545642 | |
| 30-06-2024 | micro format | 14-08-2026 | 2026-00399016 | |
| 30-06-2023 | micro format | 20-02-2024 | 2024-00032122 | |
| 30-06-2022 | micro format | 01-09-2025 | 2025-00458186 | |
| 30-06-2021 | full format | 07-02-2022 | 2022-05200041 | |
| 30-06-2020 | full format | 30-07-2021 | 2021-44200412 | |
| 30-06-2019 | full format | 15-01-2020 | 2020-01200134 | |
| 30-06-2018 | full format | 11-01-2019 | 2019-01100085 | |
| 30-06-2017 | full format | 10-01-2018 | 2018-01200001 | |
| 30-06-2016 | full format | 16-01-2017 | 2017-01400408 |
Board & ownership
Directors
Directors
1 director
FARRAN MOHAMED
Current
Owners and capital
Owners
Network & group
FARRAMED shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of FARRAMED. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
2025
01-09
micro format · 944 days late
30-06
Financial
Back to profitnet €53,046
The net result is €53,046, after 3 loss-making years.
2024
20-02
micro format · 20 days late
2023
30-05
Gazette deed
Registered office moved from Auderghem to RixensartNew seat: chemin des deux Fermes 9 à 1331 Rixensart · Previous seat: chaussée de Wavre 1341 à 1160 Auderghem · Director in office6 points ▸
Gazette deed
Registered office moved from Auderghem to Rixensart
New seat: chemin des deux Fermes 9 à 1331 Rixensart · Previous seat: chaussée de Wavre 1341 à 1160 Auderghem · Director in office6 points ▸
- General meeting, 15-03-2023
- Other provision, “quorum et dispense de convocation, tous les associés représentant la majorité du capital social” (deed in French)
- Other provision, “Transfert du siège, ordre du jour” (deed in French)
- Registered-office move, chemin des deux Fermes 9 à 1331 Rixensart
- Director in office, Mohamad Farran (director)
- Director in office, Dane Farran (director)
2022
07-02
full format · 7 days late
2021
30-07
full format · 180 days late
30-06
Financial
Equity above €500,000equity €512,919 ▲3.7%
After 2 profitable years in a row, equity reaches €512,919.
2020
30-06
Financial
Back to profitnet €15,208
The net result is €15,208, after one loss-making year.
15-01
full format · 16 days before the deadline
2019
11-01
full format · 20 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
FARRAMED in French
Enterprise number
0454.076.992
Legal form
Private limited company (pre-2019)
Status
Active, normale toestand
Founded
21-12-1994
Entity type
Legal entity
Registered office and establishments
Registered office
Chemin des Deux Fermes 9, 1331 Rixensart, Belgium
1 former office
- chaussée de Wavre 1341, 1160 Auderghem until the act of 30-05-2023
Establishment units
Waverse steenweg 1341, 1160 Oudergem since 19-06-1998 · unit number 2.087.205.9136920101
Kordialestraat 7, 3090 Overijse since 15-10-2003 · unit number 2.134.142.43170200 Business and other management consultancy
Invoicing and payment
VAT number
BE 0454.076.992
Financial year and general meeting
Accounts at the NBBFinancial year end
30-06
Sites & property
Location
Buildings and parcels at the addresses
Ground area
2,002 m²
Building footprint
239 m²
Building volume
2,185 m³
Tallest building: 14.6 m.
Flanders
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23062B0243/00B016 | Flanders | 1,870 m² | 1 · 107 m² | 7.7 m · 2 |
| 21002A0123/00Y004 | Brussels | 132 m² | 1 · 132 m² | 14.6 m · 4 |