FARKO
ActiveSummary
FARKO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €223k and a net result of €37k. Equity is growing by ~27.8% per year across the filed fiscal years. Its solvency ranks better than 66% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+5
Solvency87▲+23
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.74 against 1.59 in 2024; short-term debt: 35% and cash: 3.5% of total assets), and 38.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.7%
Return on assets
10.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-05-2026, 73 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
73 d early
2024
48 d early
2023
84 d early
2022
61 d early
2021
72 d early
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€223k▲ 19.8%
2024 · €186k
2021: €53k
2022: €101k
2023: €153k
2024: €186k
2021 → 2025
Total assets
€362k▼ 23.7%
2024 · €474k
2021: €175k
2022: €197k
2023: €331k
2024: €474k
2021 → 2025
Net result
€37k▲ 13.0%
2024 · €33k
2021: €33k
2022: €48k
2023: €53k
2024: €33k
2021 → 2025
Working capital
€221k▲ 30.8%
2024 · €169k
2021: €45k
2022: €80k
2023: €131k
2024: €169k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€53k-€101k▲ 90.9%€153k▲ 52.3%€186k▲ 21.3%€223k▲ 19.8%
Operating result€43k-€64k▲ 46.6%€69k▲ 8.6%€54k▼ 21.8%€61k▲ 13.5%
Net result€33k-€48k▲ 46.5%€53k▲ 9.9%€33k▼ 38.1%€37k▲ 13.0%
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 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €362k
Fixed assets
€14k ▼ 17.9%
Current assets
€347k ▼ 24.0%
Equity and liabilities €362k
Equity
€223k ▲ 19.8%
Debt
€139k ▼ 51.9%
Debt's share of the balance-sheet total falls from 60.8% to 38.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2024 · €58k
Cash flow
€41k▲
2024 · €37k
Current ratio
2.74▲
2024 · 1.59
Quick ratio
1.92▲
2024 · 0.96
Debt to equity
0.62▼
2024 · 1.55
ROE
16.6%▼
2024 · 17.5%
ROA
10.2%▲
2024 · 6.9%
Interest coverage
9.22▼
2024 · 12.26
Debt ≤ 1 year
€127k▼
2024 · €288k
Debt > 1 year
€12k
Income taxes
€17k▲
2024 · €17k
Staff costs
€39k▲
2024 · €36k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€474k€362k▼
Fixed assets21/28€18k€14k▼
Tangible fixed assets22/27€9k€6k▼
Plant, machinery and equipment23€505€38▼
Furniture and vehicles24€8k€6k▼
Financial fixed assets28€9k€9k=
Current assets29/58€457k€347k▼
Stocks and contracts in progress3€181k€104k▼
Stocks30/36€181k€104k▼
Amounts receivable within one year40/41€233k€230k▼
Trade receivables40€206k€219k▲
Other amounts receivable41€27k€11k▼
Cash at bank and in hand54/58€42k€13k▼
Deferred charges and accrued income490/1-€325
Equity and liabilities
Total equity and liabilities10/49€474k€362k▼
Equity10/15€186k€223k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€166k€203k▲
Amounts payable17/49€288k€139k▼
Amounts payable after more than one year17-€12k
Financial debts170/4-€12k
Amounts payable within one year42/48€288k€127k▼
Trade debts44€256k€102k▼
Suppliers440/4€256k€102k▼
Taxes, remuneration and social security45€30k€23k▼
Taxes450/3€16k€3k▼
Remuneration and social security454/9€14k€19k▲
Other amounts payable47/48€2k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€36k€39k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€9k€7k▼
Gross operating margin9900€103k€111k▲
Operating profit (loss)9901€54k€61k▲
Financial income75/76B-€23
Recurring financial income75-€23
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€49k€54k▲
Income taxes67/77€17k€17k▲
Profit (loss) for the period9904€33k€37k▲
Profit (loss) for the period to be appropriated9905€33k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€166k€203k▲
Profit (loss) brought forward from the previous period14P€133k€166k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200kEq €223k ▲19.8%
5 profitable years in a row build equity to €223k.
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €33k ▼38.1%
Net result drops to €33k, the lowest in the series; recovery starts the following year.
08-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €53k ▲9.9%
Operating result €69k, net result €53k, both a record.
31-12
Financial
Equity above €150kEq €153k ▲52.3%
3 profitable years in a row build equity to €153k.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €101k ▲90.9%
2 profitable years in a row build equity to €101k.
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Willebroek · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Baeckelmansstraat 131c2830 WillebroekGround area
1.5 ha
Building footprint
4,703 m²
Volume, LiDAR
30,604 m³
Parcel 12036A0405/00L000, Flanders · tallest building 12.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FARKO
since 20212.314.106.333
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12036A0405/00L000 | Flanders | 1.5 ha | 1 · 4,703 m² | 11.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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NO LIMITS
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Of 1,803 companies in sector 46831 we hold annual accounts for 1,397. 964 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
46836Wholesale trade
46842Wholesale trade
47527Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@farko.be