Liquidity
4.06 was 2.06 in 2024
Short-term debts fell from €8,462 to €4,941.
FARUK
Lifetime
18 annual accounts with figures on one time axis, 19 filings since 2007peak €34,571 (2017)
€6,541▲ 94.9%
lowest -€6,548 (2022)
€5,630▲ 125%
peak €15,815 (2025)
€15,815▲ 55.3%
€4,941▼ 41.6%
peak 1.3 FTE (2017)
-not published
Board6 names since 2016
1 director
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €3,355 to €6,541Result from €2,507 to €5,630Equity from €10,185 to €15,815Debts from €8,462 to €4,941
Key points
from the 2025 annual accountsFilings
19 annual accounts since 2007
Five of the last ten came late. The 2020 accounts came latest: 37 days after the end of the period.
Position in the sector
76.2%
Higher solvency than 86% of companies in personal services. Sector median 26.7% · 6,259 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as FARUK has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,356 companies, not a prediction for FARUK. 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
Recent changes
Registered office moved within Antwerp
New registered office: Sint-Gummarusstraat 40 te 2060 Antwerpen · Previous registered office: Sint-Gummarusstraat 50, 2060 Antwerpen · General meeting of 01-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0882244395
Resignation: (manager)
Reappointment: (director) · General meeting of 26-12-2023 · Gazette deed
3 managers resigning
, and · Director discharge: · Director discharge: · General meeting of 31-03-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FARUK Antwerp | - | - | 76.2% | - |
| C dans l'R Libin | €22,121 | 12.4% | -222.3% | - |
| MILO MAIO EVENTS Liège | €113,258 | -1.8% | 54.3% | - |
| EFSANE Antwerp | - | - | 69.1% | - |
| BRUSH AND BLUSH Antwerp | - | - | 90.4% | - |
| IMPRESSION S.T.A.F. Antwerp | - | - | 80.5% | - |
| HAIR - TONIC Antwerp | - | - | -264.0% | - |
These companies have the same main activity as FARUK: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €17,300 and €23,900, founded between 2000 and 2011.
Official details
Source: KBO- Status
- Active since 03-07-2006Normal situation
- Activity
- Hairdressing and barber servicesNACE 96210
- Establishment unit
- 2.155.957.1372060 Antwerp, since 07-09-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 09-12-2025
Insights on FARUK
FARUK files the micro format. That format states no turnover. The gross margin fell from €23,259 in 2008 to €6,541 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 FARUK
- What is the company number of FARUK?
- The company number of FARUK is 0882.244.395. The VAT number is the same number with BE in front: BE 0882.244.395.
- Where is FARUK based?
- The registered office is at Sint-Gummarusstraat 40, 2060 Antwerp.Company details
- What does FARUK do?
- According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
- What is the legal form of FARUK?
- FARUK is a private limited company (BV).
- When was FARUK founded?
- FARUK was founded on 03-07-2006.
- Is FARUK still active?
- Yes, FARUK is an active enterprise in the KBO register.
- How many employees does FARUK have?
- FARUK had an average of 0.3 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of FARUK?
- The turnover in financial year 2025 is ≈ €44,000. This figure is estimated from the gross margin of €6,541 and 93 comparable companies (NACE 96210). It probably lies between €26,000 and €84,000. It is a rough estimate.
- Is FARUK profitable?
- In financial year 2025, FARUK made a profit of €5,630.
- Where can I find the annual accounts of FARUK?
- FARUK filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FARUK due?
- FARUK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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