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 2024 and 2025.
Financials
Financial year 2025
FARIN ART TRANSPORT from Schaarbeek, company number BE0423733315, closed financial year 2025 with a result of € -170,167 after tax. For that financial year FARIN ART TRANSPORT recorded a gross margin of € 717,860 and equity of € 106,837. Compared with financial year 2024, the result moved from € -292,843 to € -170,167. The company made a loss. The buffer shrank hard: equity is 61 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 106,837
▼ 61% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -170,167
▲ 42 % less loss than in 2024
Profit after tax over the fiscal year.
€ 213,790
▲ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -97,676.
People and assets in 2025
7.1
▼ 5.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 350,821
▼ 49% vs 2024
€ 49,400 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.
€ 1,860
▼ 96% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 81,248
▼ 70% vs 2024
Loans from banks and other lenders, long and short.
€ 105,701
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1.1 million
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,271,590 | € 1,161,547 | € 1,216,240 | € 717,860 | ▼ 41% |
| Profit after taxes | € 159,779 | € 135,145 | € -292,843 | € -170,167 | ▲ € 122,676 |
| Equity | € 434,702 | € 569,846 | € 277,003 | € 106,837 | ▼ 61% |
| Total debts | € 1,907,185 | € 1,675,696 | € 1,598,968 | € 1,383,727 | ▼ 13% |
| Cash | - | € 0 | € 178,958 | € 213,790 | ▲ 19% |
| Land & buildings | € 334,552 | € 306,731 | € 283,048 | € 261,445 | ▼ 8% |
| Retained profit | € 230,190 | € 365,334 | € 72,491 | € -97,676 | ▼ € 170,167 |
| Bank debt | € 701,081 | € 505,513 | € 271,484 | € 81,248 | ▼ 70% |
| Balance sheet total | € 2,341,887 | € 2,245,543 | € 1,875,971 | € 1,490,563 | ▼ 21% |
| Employees (FTE) | 13.2 | 11.5 | 12.5 | 7.1 | ▼ 5.4 |
Key figures of FARIN ART TRANSPORT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FARIN ART TRANSPORT?
What happened at FARIN ART TRANSPORT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 170,167. Source: NBB ↗
- New establishment in Zaventem. KBO
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 159,779 profit in 2022 to € 170,167 loss in 2025.
Paid € 172,267 in corporate taxes since 2022.
Best year ever: 2022, with € 159,779 profit.
On average € 101,100 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind FARIN ART TRANSPORT is MICHEL FARIN.
Directors
According to the 2025 annual accounts
MICHEL FARIN
Director
Establishments
Establishment units
Physical locations of this company
Haachtsesteenweg 637
1030 Schaarbeek
Leuvensesteenweg 573
1930 Zaventem
Active since 30 November 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.733.315
- VAT number
- BE 0423.733.315
- Registered office
- Haachtsesteenweg 637, 1030 Schaarbeek
- Names & denominations
- FARIN ART TRANSPORT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 1983
- Peppol
- Active · Active since 19 Jun 2025
- Activities · NACE
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