FARROW + BELGIUM
ActiveSummary
The computed 12-month bankruptcy probability of FARROW + BELGIUM is 1.6% (moderate). The 2024 annual accounts show equity of €5,601 and a net result of €15. Its solvency ranks better than 54% of 352 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 3 accounts on average 45 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2024, abbreviated schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,546 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €3,952 | €42,337 | ▲ 971% |
| Gross operating margin9900 | €4,750 | €42,615 | ▲ 797% |
| Operating profit (loss)9901 | €798 | €277 | ▼ 65.2% |
| Financial charges65/66B | €1 | €125 | ▲ 18,071% |
| Recurring financial charges65 | €1 | €125 | ▲ 18,071% |
| Profit (loss) for the period before taxes9903 | €797 | €152 | ▼ 80.9% |
| Income taxes67/77 | €212 | €137 | ▼ 35.4% |
| Profit (loss) for the period9904 | €586 | €15 | ▼ 97.4% |
| Profit (loss) for the period to be appropriated9905 | €586 | €15 | ▼ 97.4% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €11,597 | €16,307 | ▲ 40.6% |
| Current assets29/58 | €11,597 | €16,307 | ▲ 40.6% |
| Amounts receivable within one year40/41 | €6,250 | €16,280 | ▲ 160% |
| Trade receivables40 | €6,250 | €726 | ▼ 88.4% |
| Other amounts receivable41 | - | €15,554 | - |
| Cash at bank and in hand54/58 | €5,347 | €28 | ▼ 99.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €11,597 | €16,307 | ▲ 40.6% |
| Equity10/15 | €5,586 | €5,601 | ▲ 0.3% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €586 | €601 | ▲ 2.6% |
| Amounts payable17/49 | €6,011 | €10,706 | ▲ 78.1% |
| Amounts payable within one year42/48 | €6,011 | €10,706 | ▲ 78.1% |
| Trade debts44 | €650 | €403 | ▼ 38.0% |
| Suppliers440/4 | €650 | €403 | ▼ 38.0% |
| Taxes, remuneration and social security45 | €1,189 | €8,827 | ▲ 643% |
| Taxes450/3 | €647 | €522 | ▼ 19.2% |
| Remuneration and social security454/9 | €542 | €8,305 | ▲ 1,432% |
| Other amounts payable47/48 | €4,173 | €1,476 | ▼ 64.6% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €586 | €15 | ▼ 97.4% |
| Operating cash flow (approximation) | €586 | €15 | ▼ 97.4% |
| Change in cash | - | -€5,319 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23413H0113/00Z006 | Flanders | 137 m² | 1 · 137 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.