FARAM is a wholesaler in Wevelgem. Private Limited, started on 12 August 1958, 1 establishment.

What is the address of FARAM?

The registered office of FARAM is located at Kouterstraat 9, 8560 Wevelgem.

Is FARAM still active?

Yes. According to the CBE (30 October 2026) FARAM is active, legal situation “Normale toestand”, started on 12 August 1958.

Is FARAM registered on Peppol?

Yes, FARAM is registered on the Peppol network with ID 0208:0405338551.

What is the enterprise number of FARAM?

The enterprise number of FARAM is BE0405338551.

When was FARAM founded?

FARAM was founded on 12 August 1958.

Who are the directors of FARAM?

According to the 2026 annual accounts, the directors of FARAM are: VANCAF BV.

Is FARAM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 August 1958; 5 annual accounts filed, latest fiscal year 2026; 1 directors known from the annual account.

How much profit did FARAM make in 2026?

FARAM recorded a loss after taxes of € 120,146 in financial year 2026.

What is the revenue of FARAM?

As a small company, FARAM is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 404,053.

How much does an employee at FARAM earn?

The average wage cost per full-time employee at FARAM was € 66,600 in 2026: staff costs of € 319,757 for 4.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FARAM have?

According to the 2026 annual accounts, FARAM has 4.8 full-time equivalents (FTE).

Does FARAM have a website?

Yes, FARAM has a website at faram.be.

FARAM (Private Limited) - Wevelgem - BE0405338551

Dossier FARAM, printed on 30 October 2026 from databakkes.be/en/0405338551/faram. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2025 and 2026.
Tight liquidity NBB

Cash and receivables cover 25 % of short-term debt in 2026; threshold 65 %.

Financials

Financial year 2026

FARAM from Wevelgem, company number BE0405338551, closed financial year 2026 with a result of € -120,146 after tax. For that financial year FARAM recorded a gross margin of € 404,053 and equity of € 319,783. Compared with financial year 2025, the result moved from € -166,358 to € -120,146. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Healthy

€ 319,783

▼ 33% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -120,146

▲ 28 % less loss than in 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 173,218

▼ 32% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 99,783.

People and assets in 2026

Full-time equivalents

4.8

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 319,757

▲ 2% vs 2025

€ 66,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 25,121

▼ 43% vs 2025

Of which on lease € 24,457.

Debts at end 2026

Bank debt ≈ 1 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2 million

▼ 16% vs 2025

€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 37,107

▲ 4% vs 2025

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 15,252

▲ 19% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 365,772 Gross margin 2023: € 365,772 First fiscal year in the series	€ 469,324 Gross margin 2024: € 469,324 ▲ 28% vs 2023 (€ 365,772) Favourable step	€ 423,198 Gross margin 2025: € 423,198 ▼ 10% vs 2024 (€ 469,324) Unfavourable step	€ 404,053 Gross margin 2026: € 404,053 ▼ 5% vs 2025 (€ 423,198) Unfavourable step	▼ 5%
Profit after taxes	€ -76,432 Profit after taxes 2023: € -76,432 First fiscal year in the series	€ 2,262 Profit after taxes 2024: € 2,262 ▲ € 78,693 vs 2023 (€ -76,432) Favourable step	€ -166,358 Profit after taxes 2025: € -166,358 ▼ € 168,620 vs 2024 (€ 2,262) Unfavourable step	€ -120,146 Profit after taxes 2026: € -120,146 ▲ € 46,212 vs 2025 (€ -166,358) Favourable step	▲ € 46,212
Equity	€ 642,773 Equity 2023: € 642,773 First fiscal year in the series	€ 645,035 Equity 2024: € 645,035 Unchanged (€ 642,773) Favourable step	€ 478,676 Equity 2025: € 478,676 ▼ 26% vs 2024 (€ 645,035) Unfavourable step	€ 319,783 Equity 2026: € 319,783 ▼ 33% vs 2025 (€ 478,676) Unfavourable step	▼ 33%
Total debts	€ 3,232,918 Total debts 2023: € 3,232,918 First fiscal year in the series	€ 2,659,213 Total debts 2024: € 2,659,213 ▼ 18% vs 2023 (€ 3,232,918) Favourable step	€ 2,873,299 Total debts 2025: € 2,873,299 ▲ 8% vs 2024 (€ 2,659,213) Unfavourable step	€ 2,705,180 Total debts 2026: € 2,705,180 ▼ 6% vs 2025 (€ 2,873,299) Favourable step	▼ 6%
Cash	€ 875,355 Cash 2023: € 875,355 First fiscal year in the series	€ 91,705 Cash 2024: € 91,705 ▼ 90% vs 2023 (€ 875,355) Unfavourable step	€ 256,441 Cash 2025: € 256,441 ▲ 180% vs 2024 (€ 91,705) Favourable step	€ 173,218 Cash 2026: € 173,218 ▼ 32% vs 2025 (€ 256,441) Unfavourable step	▼ 32%
Land & buildings	€ 1,085,851 Land & buildings 2023: € 1,085,851 First fiscal year in the series	€ 1,000,325 Land & buildings 2024: € 1,000,325 ▼ 8% vs 2023 (€ 1,085,851) Unchanged	€ 914,799 Land & buildings 2025: € 914,799 ▼ 9% vs 2024 (€ 1,000,325) Unchanged	€ 829,384 Land & buildings 2026: € 829,384 ▼ 9% vs 2025 (€ 914,799) Unchanged	▼ 9%
Retained profit	€ 422,773 Retained profit 2023: € 422,773 First fiscal year in the series	€ 425,035 Retained profit 2024: € 425,035 ▲ 1% vs 2023 (€ 422,773) Favourable step	€ 258,676 Retained profit 2025: € 258,676 ▼ 39% vs 2024 (€ 425,035) Unfavourable step	€ 99,783 Retained profit 2026: € 99,783 ▼ 61% vs 2025 (€ 258,676) Unfavourable step	▼ 61%
Dividend	€ 700,000 Dividend 2023: € 700,000 First fiscal year in the series	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 700,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2026: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 2,452,921 Bank debt 2023: € 2,452,921 First fiscal year in the series	€ 2,290,442 Bank debt 2024: € 2,290,442 ▼ 7% vs 2023 (€ 2,452,921) Favourable step	€ 2,324,666 Bank debt 2025: € 2,324,666 ▲ 1% vs 2024 (€ 2,290,442) Unfavourable step	€ 1,952,822 Bank debt 2026: € 1,952,822 ▼ 16% vs 2025 (€ 2,324,666) Favourable step	▼ 16%
Balance sheet total	€ 3,875,691 Balance sheet total 2023: € 3,875,691 First fiscal year in the series	€ 3,304,247 Balance sheet total 2024: € 3,304,247 ▼ 15% vs 2023 (€ 3,875,691) Unchanged	€ 3,351,975 Balance sheet total 2025: € 3,351,975 ▲ 1% vs 2024 (€ 3,304,247) Unchanged	€ 3,024,964 Balance sheet total 2026: € 3,024,964 ▼ 10% vs 2025 (€ 3,351,975) Unchanged	▼ 10%
Employees (FTE)	5.3 Employees (FTE) 2023: 5.3 First fiscal year in the series	4.8 Employees (FTE) 2024: 4.8 ▼ 0.5 vs 2023 (5.3) Unchanged	4.8 Employees (FTE) 2025: 4.8 Unchanged (4.8) Unchanged	4.8 Employees (FTE) 2026: 4.8 Unchanged (4.8) Unchanged

Key figures of FARAM, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to FARAM?

What happened at FARAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 30, 2026 New annual accounts for financial year 2026: loss of € 120,146. Source: NBB ↗
2011 VANCAF BV became a director. NBB
Aug 12, 1958 Start of the company according to the CBE. KBO
Aug 1, 1958 New establishment in Wevelgem. KBO

In short

From € 76,432 loss in 2023 to € 120,146 loss in 2026.

Paid € 84 in corporate taxes since 2023.

Best year ever: 2024, with € 2,262 profit.

On average € 84,200 of value added per employee in 2026.

Original PDFs at the National Bank ↗

Management

VANCAF 100%

The stake of VANCAF comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FARAM

Behind FARAM is VANCAF BV. The shares are held by VANCAF (100%).

Directors

According to the 2026 annual accounts

VANCAF BV

Director · represented by Frederik Van Canneyt

since 2011

Shareholders

VANCAF

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kouterstraat 9

8560 Wevelgem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS faram.be

Technologies

Adobe FontsFont AwesomeGoogle Tag ManagerNginx

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Features

Webshop Blog Ads Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0405.338.551

VAT number

BE 0405.338.551

Registered office

Kouterstraat 9, 8560 Wevelgem

Names & denominations

FARAM

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

12 August 1958

Peppol

Active · Active since 25 Nov 2024

Contact

faram.be

Activities · NACE

Groothandel in sport- en kampeerartikelen, met uitzondering van fietsen

Groothandel in sport- en kampeerartikelen, rijwielen en onderdelen en toebehoren daarvan, spellen en speelgoed

Niet-gespecialiseerde groothandel

Overige groothandel

Groothandel in kleding, met uitzondering van werk- en onderkleding

Groothandel in spellen en speelgoed

Groothandel in kantoor- en schoolbenodigdheden

Groothandel in kledingaccessoires

View on CBE Public ↗ Annual accounts (NBB) ↗

FARAM

Warning lights

Financials

What happened to FARAM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions