IL FARO
ActiveSummary
IL FARO has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84,397 and a net result of €26,708. Equity has been growing by about 59% per year since 2018. Its solvency ranks better than 95% of 16,961 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 13-04-2011 Normal situation
- Activity
- Full-service restaurants NACE 56111
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2022
- Establishment unit
- 2.199.691.170 8020 Oostkamp, since 13-04-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 07-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €41,001
- ▼ 20.5%
- Turnover
- ≈ €200,000
- estimated
- Profit
- €26,708
- ▼ 20.4%
- Equity
- €84,397
- ▲ 46.3%
- Total assets
- €88,312
- ▲ 32.6%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Size: total assets €88,312lowers riskLiquidity: current ratio 21.39, cash €68,439Equity €84,397 (95.6% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 94% of them on solvency, 99% on liquidity, 93% on profitability and 80% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Resignations: Pizzurro Teodoro (director) and Bollino Concetta (director)Reappointments: Pizzurro Teodoro (director) and Bollino Concetta (director)
- · Gazette deed Resignation: Pizzuro Teodore (manager)
- · Gazette deed Resignation: Guglielmi Maria (manager)Appointments: Pizzuro Teodoro (director) and Concetta Bollino (director)
Comparable companies
These companies have the same main activity as IL FARO: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €81,400 and €97,900, founded between 2010 and 2012.
| Company | Total assets | Gross margin |
|---|---|---|
| IL FARO Oostkamp | €88,312 | €41,001 |
| PAND 113 De Haan | €81,572 | €44,451 |
| UNITED-IT Charleroi | €81,396 | €40,699 |
| FINNVEST Brasschaat | €87,153 | €36,302 |
| SONG YE Beaumont | €97,814 | €43,358 |
| PROSPERE SUN RISE Beaumont | €97,885 | €41,721 |
| SPORTHORECA Antwerpen | €81,848 | €37,443 |
Key facts about IL FARO
- What is the company number of IL FARO?
- The company number of IL FARO is 0835.649.852. The VAT number is the same number with BE in front: BE 0835.649.852.
- Where is IL FARO based?
- The registered office is at Stationsstraat 11A, 8020 Oostkamp.Company details
- What does IL FARO do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of IL FARO?
- The legal form of IL FARO is Private limited company (BV).
- When was IL FARO founded?
- IL FARO was founded on 13-04-2011.
- Is IL FARO still active?
- Yes, IL FARO is an active enterprise in the KBO register.
- How many employees does IL FARO have?
- IL FARO had an average of 0.3 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does IL FARO fall under?
- In its 2022 annual accounts, IL FARO states joint committee 302 (Paritair Comité voor het hotelbedrijf).
- What is the turnover of IL FARO?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €41,001 and 60 comparable companies (NACE 56111). It probably lies between €160,000 and €270,000.
- Is IL FARO profitable?
- In financial year 2025, IL FARO made a profit of €26,708.
- Where can I find the annual accounts of IL FARO?
- IL FARO filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IL FARO due?
- IL FARO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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