Farmelis
ActiveSummary
Farmelis has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €277k and a net result of €131k. Equity is growing by ~18% per year across the filed fiscal years. Its solvency ranks better than 57% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+2
Solvency88▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 2.63 against 3.47 in 2024; short-term debt: 37.1% and cash: 11.5% of total assets), and 37.1% of the assets are financed with debt.
Credit check for your own amount and term
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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
62.9%
Return on assets
29.7%
Age of the figures
9 mo
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 05-05-2026, 87 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
87 d early
2024
55 d early
2023
54 d early
2022
57 d early
2021
56 d early
2020
19 d early
2019
27 d late
← 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
€277k▼ 17.4%
2024 · €335k
2019: €59k
2020: €136k
2021: €204k
2022: €292k
2023: €335k
2024: €335k
2019 → 2025
Total assets
€440k▼ 5.6%
2024 · €466k
2019: €85k
2020: €175k
2021: €241k
2022: €318k
2023: €350k
2024: €466k
2019 → 2025
Net result
€131k▲ 19.2%
2024 · €110k
2019: €57k
2020: €77k
2021: €68k
2022: €88k
2023: €43k
2024: €110k
2019 → 2025
Working capital
€266k▼ 18.1%
2024 · €324k
2019: €31k
2020: €108k
2021: €174k
2022: €265k
2023: €317k
2024: €324k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€204k-€292k▲ 43.0%€335k▲ 14.9%€335k=€277k▼ 17.4%
Operating result€94k-€123k▲ 30.1%€61k▼ 50.6%€142k▲ 133%€157k▲ 10.8%
Net result€68k-€88k▲ 28.1%€43k▼ 50.5%€110k▲ 153%€131k▲ 19.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €440k
Fixed assets
€11k ▲ 6.2%
Current assets
€429k ▼ 5.9%
Equity and liabilities €440k
Equity
€277k ▼ 17.4%
Debt
€163k ▲ 24.5%
Debt's share of the balance-sheet total rises from 28.1% to 37.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€160k▲
2024 · €149k
Cash flow
€134k▲
2024 · €118k
Current ratio
2.63▼
2024 · 3.47
Debt to equity
0.59▲
2024 · 0.39
ROE
47.3%▲
2024 · 32.8%
ROA
29.7%▲
2024 · 23.5%
Interest coverage
1678.72▲
2024 · 1521.08
Debt ≤ 1 year
€163k▲
2024 · €131k
Income taxes
€36k▲
2024 · €32k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€466k€440k▼
Fixed assets21/28€11k€11k▲
Tangible fixed assets22/27€11k€11k▲
Plant, machinery and equipment23€529€3k▲
Furniture and vehicles24€3k€3k▼
Other tangible fixed assets26€7k€5k▼
Current assets29/58€456k€429k▼
Amounts receivable within one year40/41€22k€73k▲
Trade receivables40€21k€73k▲
Other amounts receivable41€738-
Current investments50/53€368k€298k▼
Cash at bank and in hand54/58€63k€51k▼
Deferred charges and accrued income490/1€3k€7k▲
Equity and liabilities
Total equity and liabilities10/49€466k€440k▼
Equity10/15€335k€277k▼
Contributions10/11€2k€2k=
Reserves13€334k€275k▼
Distributable reserves133€334k€275k▼
Amounts payable17/49€131k€163k▲
Amounts payable within one year42/48€131k€163k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€20k€30k▲
Taxes450/3€20k€30k▲
Other amounts payable47/48€110k€132k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€3k▼
Other operating charges640/8€722€1k▲
Gross operating margin9900€150k€161k▲
Operating profit (loss)9901€142k€157k▲
Financial income75/76B-€10k
Recurring financial income75-€10k
Financial charges65/66B€98€95▼
Recurring financial charges65€98€95▼
Profit (loss) for the period before taxes9903€141k€167k▲
Income taxes67/77€32k€36k▲
Profit (loss) for the period9904€110k€131k▲
Profit (loss) for the period to be appropriated9905€110k€131k▲
Appropriation of the result
Profit (loss) to be appropriated9906€110k€131k▲
Transfer from equity791/2-€58k
Profit to be distributed694/7€110k€189k▲
Return on contributions (dividend)694€110k€189k▲
The notes to these accounts (5 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
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €131k ▲19.2%
Operating result €157k, net result €131k, both a record.
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €43k ▼50.5%
Net result drops to €43k, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €204k ▲50.4%
3 profitable years in a row build equity to €204k.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100kEq €136k ▲131%
2 profitable years in a row build equity to €136k.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Londerzeel · 1 establishment unit since 2019
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.
Haan 691840 LonderzeelGround area
2,700 m²
Building footprint
238 m²
Volume, LiDAR
918 m³
2 parcels, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Farmelis
since 20192.289.253.349
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23080D0033/00C000 | Flanders | 2,431 m² | 1 · 155 m² | 6.1 m · 1 fl. |
| 23045D0346/00F002 | Flanders | 269 m² | 1 · 83 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
2549008VQYUNCWKLIM77
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 38,530 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
Founded15-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.