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Farys

Active
Opdrachthoudende vereniging (Vlaams Gewest)founded 1923active for 103 yearsStropstraat 1, 9000 Gent, BelgiumKBO/BCE: BE 0200.068.636
Summary

Farys has the legal form “Opdrachthoudende vereniging (Vlaams Gewest)” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €2.04bn and a net result of €40.3m. Equity is growing by about 3.3% per year across the filed financial years. Its solvency ranks better than 56% of 65 sector peers (NACE 36, financial year 2025). The company has been active since 1923 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
FarysActiveChecked score 65/100
Risk analysis ReportCompare

Overview

Activity
Water collection, treatment and supply
NACE 36000
Largest company by total assets in Belgium, Water collection and supply sector102 sites
Size
€576.9mturnover 2025
Staff
974 FTE
Equity
€2.04bn
Profit
€40.3m
Standalone figures, without subsidiaries
Financial health
65 Healthy Checked score 2025
Bankruptcy probability: legal form outside the model
Structure
Board
15 members
Holdings
9
Auditor: Figurad Bedrijfsrevisoren bv2025 accounts 38 days early67 of 117 deeds summarised
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025
65 / 100
Healthy= on 2024
Without a bankruptcy probability: score from the figures alone
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 79+1
equity 53.5% of total assets
Liquidity 50=
short-term debt 7.8% · cash 0.2%
Profitability 67-1
return on assets 1.1%
Bankruptcy probability, 12 months

The KBO gives the legal form as “Opdrachthoudende vereniging (Vlaams Gewest)”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.

Credit of up to €57,650,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.42, compared with 1.04 in 2024, below the usual 1.5; short-term debt: 7.8% and cash: 0.2% of total assets), and 46.5% of the assets are financed with debt and provisions.
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Signals

1 signal.
neutral
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 23-06-2026, 38 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
38 days early
2024
23 days early
2023
29 days early
2022
27 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 29 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2025 · consolidated
  3. Annual accounts filedfinancial year 2025 · unclassified…

Key points

  • Positive: Largest company by total assets in Belgium, Water collection and supply sectorin the Checked rankings No. 1 View
  • Flemish supportawarded from 2022 to 2025 €176.7m View
  • Positive: 8 profitable years in a rowprofit 2025: €40.3m 8 years View
  • Active since 1923founded 16-02-1923 103 years View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Turnover
€576.9m
Profit
€40.3m
Solvency
53.5%
Turnover▲ 14.0%
Net result
20182025
Go to Financials

Board & ownership

Board
15 members
Auditor
Figurad Bedrijfsrevisoren bv
  • Jan VERMEULENChair
  • PEETERS ChristopheDirector
  • Ann BRUSSEELDirector
  • Greta RIEBBELSDirector
  • Joeri VASTERSAVENDTSDirector

and 10 other directors

Go to Board & ownership

Network & group

Subsidiaries
2
Direct holdings
9
Connected companies
115
Mergers and asset contributions
4

9 holdings

Go to Network & group

Timeline

Events
141
Since
1978
Next accounts
by 31-07-2027
  1. 31-12-2025Highest result from 2018 to 2025
  2. 31-10-2025Restructuring
  3. 01-09-2025Appointment: FIGURAD Bedrijfsrevisoren bv (statutory auditor)
Go to Timeline

Company details

Sites
102
Legal form
Opdrachthoudende vereniging (Vlaams Gewest)
Activity
Water collection, treatment and supplyNACE 36000
Founded
16-02-1923
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
150
Purpose
“Het integraal waterbeheer te verrichten wat betreft de watervoorziening,de waterzuivering…” (deed in Dutch)
Go to Articles of association

Key facts about Farys

What is the company number of Farys?
0200.068.636. In Belgium the VAT number is the company number with BE in front: BE 0200.068.636.
Where is Farys based?
The registered office is at Stropstraat 1, 9000 Gent.Company details
What does Farys do?
According to the KBO register, the main activity is water collection, treatment and supply (NACE 36000).
What is the legal form of Farys?
Opdrachthoudende vereniging (Vlaams Gewest).
When was Farys founded?
On 16-02-1923.
Is Farys still active?
Yes, Farys is an active enterprise in the KBO register.
How many employees does Farys have?
On average 974 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Farys?
€576.9m in financial year 2025, according to the filed annual accounts.
Is Farys profitable?
In financial year 2025, Farys made a profit of €40.3m.
Where can I find the annual accounts of Farys?
Farys filed 73 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Farys due?
By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies

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