FARSTREAM
ActiveSummary
FARSTREAM has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€3,907) and a net result of €2,041. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 1912 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+13
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.74 against 0.62 in 2024; short-term debt: 135.7% and cash: 1.6% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-35.7%
Return on assets
18.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 1912 sector peers (2025).
NBB · sector comparisonPosition among 1912 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
26 d late
2024
5 d late
2023
11 d late
2022
65 d late
2021
22 d late
2020
12 d late
2019
13 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days after the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€3,907▲ 34.3%
2024 · -€5,947
Total assets
€10,941▲ 14.1%
2024 · €9,585
Net result
€2,041▲ 60.9%
2024 · €1,269
Working capital
-€3,907▲ 34.3%
2024 · -€5,947
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€2,295▲ 23.9%-€1,739▲ 24.2%€2,874€1,619▼ 43.7%€2,337▲ 44.3%
Net result-€3,095▲ 3.1%-€2,069▲ 33.1%€2,519€1,269▼ 49.6%€2,041▲ 60.9%
Equity-€7,666▼ 67.7%-€9,735▼ 27.0%-€7,216▲ 25.9%-€5,947▲ 17.6%-€3,907▲ 34.3%
Total assets€6,283▼ 36.8%€6,104▼ 2.8%€11,022▲ 80.6%€9,585▼ 13.0%€10,941▲ 14.1%
Debt€13,948▼ 3.9%€15,839▲ 13.6%€18,238▲ 15.1%€15,533▼ 14.8%€14,848▼ 4.4%
Working capital-€7,666▼ 67.7%-€9,735▼ 27.0%-€7,216▲ 25.9%-€5,947▲ 17.6%-€3,907▲ 34.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 44% above 2024.
Key figures and ratios
Solvency
-35.7%▲
2024 · -62.0%
Current ratio
0.74▲
2024 · 0.62
Debt to equity
-3.80▼
2024 · -2.61
ROA
18.7%▲
2024 · 13.2%
Debt ≤ 1 year
€14,848▼
2024 · €15,533
Income taxes
€238▲
2024 · €238
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,176 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
4.3%
went bankrupt
5.6%
stopped otherwise
89%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,176 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | - | - |
| Other operating charges640/8 | €982 | €907 | €862 | €1,084 | €1,112 | ▲ 2.6% |
| Gross operating margin9900 | -€1,313 | -€832 | €3,736 | €2,703 | €3,449 | ▲ 27.6% |
| Operating profit (loss)9901 | -€2,295 | -€1,739 | €2,874 | €1,619 | €2,337 | ▲ 44.3% |
| Financial charges65/66B | €22 | €81 | €128 | €113 | €58 | ▼ 48.6% |
| Recurring financial charges65 | €22 | €81 | €128 | €113 | €58 | ▼ 48.6% |
| Profit (loss) for the period before taxes9903 | -€2,317 | -€1,820 | €2,747 | €1,506 | €2,279 | ▲ 51.3% |
| Income taxes67/77 | €778 | €250 | €228 | €238 | €238 | ▲ 0.2% |
| Profit (loss) for the period9904 | -€3,095 | -€2,069 | €2,519 | €1,269 | €2,041 | ▲ 60.9% |
| Profit (loss) for the period to be appropriated9905 | -€3,095 | -€2,069 | €2,519 | €1,269 | €2,041 | ▲ 60.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6,283 | €6,104 | €11,022 | €9,585 | €10,941 | ▲ 14.1% |
| Current assets29/58 | €6,283 | €6,104 | €11,022 | €9,585 | €10,941 | ▲ 14.1% |
| Amounts receivable within one year40/41 | €5,715 | €5,500 | €4,979 | €4,810 | €10,084 | ▲ 110% |
| Trade receivables40 | €0 | - | - | - | €5,274 | - |
| Other amounts receivable41 | €5,715 | €5,500 | €4,979 | €4,810 | €4,810 | = |
| Cash at bank and in hand54/58 | €10 | €9 | €5,427 | €4,119 | €180 | ▼ 95.6% |
| Deferred charges and accrued income490/1 | €557 | €595 | €617 | €656 | €677 | ▲ 3.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6,283 | €6,104 | €11,022 | €9,585 | €10,941 | ▲ 14.1% |
| Equity10/15 | -€7,666 | -€9,735 | -€7,216 | -€5,947 | -€3,907 | ▲ 34.3% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€20,066 | -€22,135 | -€19,616 | -€18,347 | -€16,307 | ▲ 11.1% |
| Amounts payable17/49 | €13,948 | €15,839 | €18,238 | €15,533 | €14,848 | ▼ 4.4% |
| Amounts payable within one year42/48 | €13,948 | €15,839 | €18,238 | €15,533 | €14,848 | ▼ 4.4% |
| Trade debts44 | €1,873 | €860 | €1,955 | €483 | €651 | ▲ 34.8% |
| Suppliers440/4 | €1,873 | €860 | €1,955 | €483 | €651 | ▲ 34.8% |
| Advances received on contracts in progress46 | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €698 | €801 | €1,759 | €1,466 | €2,362 | ▲ 61.1% |
| Taxes450/3 | €698 | €801 | €1,759 | €1,466 | €2,362 | ▲ 61.1% |
| Other amounts payable47/48 | €11,376 | €14,178 | €14,524 | €13,584 | €11,835 | ▼ 12.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,095 | -€2,069 | €2,519 | €1,269 | €2,041 | ▲ 60.9% |
| + Depreciation and write-downs630 | €0 | - | - | - | - | - |
| Operating cash flow (approximation) | -€3,095 | -€2,069 | €2,519 | €1,269 | €2,041 | ▲ 60.9% |
| Change in cash | - | -€2 | €5,418 | -€1,307 | -€3,940 | ▼ 201% |
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
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
11-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 11 days late
2023
31-12
Financial
Back to profitnet €2,519
Net result €2,519 after 5 loss-making years.
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 65 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
18-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€10,230
Net result drops to -€10,230, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
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.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lier · 1 establishment unit since 2017
Ground area
1,260 m²
Building footprint
151 m²
Volume, LiDAR
826 m³
Parcel 12392A0178/00K000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
FARSTREAM
since 20172.265.557.239
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392A0178/00K000 | Flanders | 1,260 m² | 1 · 151 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,149 companies in sector 63920 we hold annual accounts for 1,524. 727 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded22-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
63920Other information service activities
64210Activities of holding companies
68110Buying and selling of own real estate
70100Activities of head offices
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0677458787
Also
9925:BE0677458787
Registered
18-04-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.