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FARSTREAM

Active Private limited company (pre-2019)founded 2017active for 9 yearsPaaiestraat 54, 2500 LierKBO/BCE: BE 0677.458.787

Lifetime

8 annual accounts with figures on one time axis
peak €4,077 (2018)
€3,449▲ 27.6%
lowest -€10,230 (2019)
€2,041▲ 60.9%
peak €8,853 (2018)
-€3,907▲ €2,041
€14,848▼ 4.4%
Board1 name since 2017
1 director
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Gross margin from €2,703 to €3,449Result from €1,269 to €2,041Equity from -€5,947 to -€3,907Cash from €4,119 to €180

Key points

from the 2025 annual accounts

Equity

-€3,907
202020212022202320242025

Debts exceed assets in financial year 2025.

Turnover

≈ €18,000 estimated

The micro format states no turnover.

Debts

€14,848 136% of the balance sheet
Suppliers 4%Taxes and wages 16%Other 80%

Filings

8 annual accounts 7 late
AprilJune31 JulyOctober20202025

The 2022 accounts came latest: 65 days after the end of the period.

Position in the sector

-35.7%

Lower solvency than 91% of companies in computing infrastructure and information services. Sector median 55.3% · 2,302 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,180 companies had the same profile as FARSTREAM has now. Each dot stands for 6 companies, two years later.

88.8%
were still trading
5.8%
stopped another way
4.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 2,180 companies, not a prediction for FARSTREAM. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager
  • founderdeed of 26-06-2017
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0677458787
Incorporation Founding capital of €18,550, 100 shares, €12,400 paid up · Founder: · Appointment: (manager) · published on 26-06-2017 · Gazette deed
First establishment Paaiestraat 54, Lier
All 13 events

Comparable companies

same main activity, similar in size and age
Company
FARSTREAM Lier €10,941 €3,449 -35.7% -
KvdL Schilde €10,608 €5,306 37.7% -
RAPHMAEL Nieuwerkerken (Limb.) €12,202 €6,140 -212.5% -
LITEHOUSE Antwerp €10,543 €6,221 72.5% -
OmniBits Erpe-Mere €16,662 €5,061 82.2% -
Giunone Leuven €21,205 €3,369 21.2% -
ETUGEST CONSULT Zaventem €17,288 €2,371 100.0% -

These companies have the same main activity as FARSTREAM: other information service activities (NACE 63920). They are comparable in size and age: total assets between €10,500 and €21,200, founded between 2011 and 2021.

Official details

Source: KBO
Status
Active since 22-06-2017Normal situation
Activity
Other information service activitiesNACE 63920and 5 others
Establishment unit
2.265.557.2392500 Lier, since 22-06-2017
Financial year end
31 December
Peppol
Reachable since 18-04-2025
Company details

Annual accounts 2025

€10,941▲ 14.1%
Filing
Filed on 26-08-2026
Financials

Insights on FARSTREAM

FARSTREAM files the micro format. That format states no turnover. The gross margin fell from €4,077 in 2018 to €3,449 in 2025.

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 FARSTREAM

What is the company number of FARSTREAM?
The company number of FARSTREAM is 0677.458.787. The VAT number is the same number with BE in front: BE 0677.458.787.
Where is FARSTREAM based?
The registered office is at Paaiestraat 54, 2500 Lier.Company details
What does FARSTREAM do?
According to the KBO register, the main activity is other information service activities (NACE 63920).
What is the legal form of FARSTREAM?
FARSTREAM is a private limited company (pre-2019) (BVBA).
When was FARSTREAM founded?
FARSTREAM was founded on 22-06-2017.
Is FARSTREAM still active?
Yes, FARSTREAM is an active enterprise in the KBO register.
What is the turnover of FARSTREAM?
The turnover in financial year 2025 is ≈ €18,000. This figure is estimated from the gross margin of €3,449 and 30 comparable companies (NACE 63). It probably lies between €6,500 and €48,000. It is a rough estimate.Financials
Is FARSTREAM profitable?
In financial year 2025, FARSTREAM made a profit of €2,041.
Where can I find the annual accounts of FARSTREAM?
FARSTREAM filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FARSTREAM due?
FARSTREAM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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