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FAYED

Active
Private limited companyfounded 201610 yrs activeSint-Bernardsesteenweg 640-642, 2660 Antwerpen, BelgiumKBO/BCE: BE 0649.996.703
Summary

FAYED has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€2,141) and a net result of €5,889. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 19% of 6159 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+6
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024
Age of the figures
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 6159 sector peers (2024).
NBB · sector comparison
Position among 6159 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 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 filings
Deviation from the deadline
2025
not confirmed
2024
46 d late
2023
31 d late
2022
on the day
2021
69 d late
2020
84 d late
2019
96 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 54 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

FAYED was incorporated on 17 March 2016.1 Total assets fell from EUR 7,681 in 2018 to EUR 4,190 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5,889▲ 304%
2023 · €1,458
Working capital
-€5,161▲ 59.9%
2023 · -€12,881
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
Line20202021202220232024
Operating result-€5,732-€511▲ 91.1%€4,130€1,550▼ 62.5%€5,983▲ 286%
Net result-€5,834-€760▲ 87.0%€3,872€1,458▼ 62.3%€5,889▲ 304%
Equity-€12,601▼ 86.2%-€13,361▼ 6.0%-€9,489▲ 29.0%-€8,030▲ 15.4%-€2,141▲ 73.3%
Total assets€5,551▼ 37.9%€10,151▲ 82.9%€4,196▼ 58.7%€7,233▲ 72.4%€4,190▼ 42.1%
Debt€18,152▲ 15.6%€23,512▲ 29.5%€13,684▼ 41.8%€15,263▲ 11.5%€6,331▼ 58.5%
Working capital-€16,013▼ 34.3%-€19,980▼ 24.8%-€13,443▲ 32.7%-€12,881▲ 4.2%-€5,161▲ 59.9%
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000Operating result 2020: -€5,732-€5,732Net result 2020: -€5,834-€5,834Operating result 2021: -€511-€511Net result 2021: -€760-€760Operating result 2022: €4,130€4,130Net result 2022: €3,872€3,872Operating result 2023: €1,550€1,550Net result 2023: €1,458€1,458Operating result 2024: €5,983€5,983Net result 2024: €5,889€5,88920202021202220232024€0€2,000€4,000€6,000Operating result 2022: €4,130€4,130Net result 2022: €3,872€3,870Operating result 2023: €1,550€1,550Net result 2023: €1,458€1,460Operating result 2024: €5,983€5,980Net result 2024: €5,889€5,890202220232024
The operating result recovers in 2024; 2024 is 286% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4,190
Fixed assets €3,020 ▼ 19.0%
Current assets €1,170 ▼ 50.9%
Key figures and ratios
2024 value · change against 2023
EBITDA
€7,814▲
2023 · €3,057
Cash flow
€7,720▲
2023 · €2,965
Interest coverage
83.22▲
2023 · 33.34
Debt ≤ 1 year
€6,331▼
2023 · €15,263
Ratios withheld: a balance sheet total of €4,190 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,639 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
2.7% went bankrupt
4.9% stopped otherwise
92% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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 3,639 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€7,233€4,190▼
Formation expenses20€1,123-
Fixed assets21/28€3,728€3,020▼
Intangible fixed assets21-€897
Tangible fixed assets22/27€3,728€2,123▼
Plant, machinery and equipment23€1,322€838▼
Furniture and vehicles24€2,406€1,286▼
Current assets29/58€2,382€1,170▼
Amounts receivable within one year40/41€1,700-
Other amounts receivable41€1,700-
Cash at bank and in hand54/58€682€1,146▲
Deferred charges and accrued income490/1-€24
Equity and liabilities
Total equity and liabilities10/49€7,233€4,190▼
Equity10/15-€8,030-€2,141▲
Contributions10/11€6,200€6,200=
Reserves13€424€424=
Distributable reserves133€424€424=
Profit (loss) carried forward14-€14,654-€8,765▲
Amounts payable17/49€15,263€6,331▼
Amounts payable within one year42/48€15,263€6,331▼
Trade debts44€1,130€133▼
Suppliers440/4€1,130€133▼
Taxes, remuneration and social security45€134€1,254▲
Taxes450/3€134€1,254▲
Other amounts payable47/48€13,999€4,944▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,507€1,830▲
Other operating charges640/8€630-
Gross operating margin9900€3,687€7,814▲
Operating profit (loss)9901€1,550€5,983▲
Financial charges65/66B€92€94▲
Recurring financial charges65€92€94▲
Profit (loss) for the period before taxes9903€1,458€5,889▲
Profit (loss) for the period9904€1,458€5,889▲
Profit (loss) for the period to be appropriated9905€1,458€5,889▲
Appropriation of the result
Profit (loss) to be appropriated9906-€14,654-€8,765▲
Profit (loss) brought forward from the previous period14P-€16,113-€14,654▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,740€2,822€2,665€1,507€1,830▲ 21.5%
Other operating charges640/8--€560€630--
Gross operating margin9900-€3,992€2,311€7,355€3,687€7,814▲ 112%
Operating profit (loss)9901-€5,732-€511€4,130€1,550€5,983▲ 286%
Financial charges65/66B-€249€258€92€94▲ 2.4%
Recurring financial charges65€101€249€258€92€94▲ 2.4%
Profit (loss) for the period before taxes9903-€5,834-€760€3,872€1,458€5,889▲ 304%
Profit (loss) for the period9904-€5,834-€760€3,872€1,458€5,889▲ 304%
Profit (loss) for the period to be appropriated9905-€5,834-€760€3,872€1,458€5,889▲ 304%
Line20202021202220232024Change
Assets
Total assets20/58€5,551€10,151€4,196€7,233€4,190▼ 42.1%
Formation expenses20---€1,123--
Fixed assets21/28€3,411€6,619€3,955€3,728€3,020▼ 19.0%
Intangible fixed assets21----€897-
Tangible fixed assets22/27€3,411€6,619€3,955€3,728€2,123▼ 43.0%
Plant, machinery and equipment23-€303€195€1,322€838▼ 36.6%
Furniture and vehicles24-€6,317€3,760€2,406€1,286▼ 46.6%
Current assets29/58€2,140€3,532€241€2,382€1,170▼ 50.9%
Amounts receivable within one year40/41€1,527€1,226-€1,700--
Trade receivables40-€1,226----
Other amounts receivable41---€1,700--
Cash at bank and in hand54/58€458€1,983€241€682€1,146▲ 68.0%
Deferred charges and accrued income490/1-€323--€24-
Equity and liabilities
Total equity and liabilities10/49€5,551€10,151€4,196€7,233€4,190▼ 42.1%
Equity10/15-€12,601-€13,361-€9,489-€8,030-€2,141▲ 73.3%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Capital10-€6,200€6,200---
Issued capital100-€18,600€18,600---
Uncalled capital101-€12,400€12,400---
Reserves13€424€424€424€424€424=
Non-distributable reserves130/1-€424€424---
Legal reserve130-€424€424---
Distributable reserves133---€424€424=
Profit (loss) carried forward14-€19,225-€19,985-€16,113-€14,654-€8,765▲ 40.2%
Amounts payable17/49€18,152€23,512€13,684€15,263€6,331▼ 58.5%
Amounts payable within one year42/48€18,152€23,512€13,684€15,263€6,331▼ 58.5%
Trade debts44€398-€1,018€1,130€133▼ 88.2%
Suppliers440/4--€1,018€1,130€133▼ 88.2%
Taxes, remuneration and social security45-€10,774€2,280€134€1,254▲ 834%
Taxes450/3-€10,774€2,280€134€1,254▲ 834%
Other amounts payable47/48-€12,738€10,386€13,999€4,944▼ 64.7%
Line20202021202220232024Change
Profit (loss) for the period9904-€5,834-€760€3,872€1,458€5,889▲ 304%
+ Depreciation and write-downs630€1,740€2,822€2,665€1,507€1,830▲ 21.5%
Operating cash flow (approximation)-€4,093€2,062€6,537€2,965€7,720▲ 160%
Investment in fixed assets (approximation)--€6,030€0-€1,280-€1,123▲ 12.3%
Change in cash-€1,525-€1,742€441€464▲ 5.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
15-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
31-12
Financial Highest result since 2018net €5,889 ▲304%
Operating result €5,983, net result €5,889, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €3,872
Net result €3,872 after 2 loss-making years.
08-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 69 days late
2021
23-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 84 days late
2020
04-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
2019
31-12
Financial Back to profitnet €2,499
Net result €2,499 after one loss-making year.
31-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 92 days late
2018
03-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 125 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are 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, Antwerpen · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
243 m²
Building footprint
243 m²
Parcel 11019B0199/00S003, Flanders. Linked by address, not a title deed.
1 establishment unit
Sint-Bernardsesteenweg 640-642, 2660 Antwerpen
Retail trade
since 20192.284.710.284
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11019B0199/00S003 Flanders 243 m² 1 · 243 m² -
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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2024 1 2,000 EUR2,000 EUR
Schemes
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 21,734 companies in sector 96210 we hold annual accounts for 2,832. 2,349 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
Founded17-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0649996703
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.