Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
FARA from Knokke-Heist, company number BE0447110612, closed financial year 2025 with a result of € -78,284 after tax. For that financial year FARA recorded a gross margin of € 79,949 and equity of € 623,715. Compared with financial year 2024, the result moved from € -91,822 to € -78,284. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 623,715
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -78,284
▲ 15 % less loss than in 2024
Profit after tax over the fiscal year.
€ 277,949
▲ 283% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 223,715.
People and assets in 2025
€ 774
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 795,000
▲ 61% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 393,540 | € 208,782 | € 74,860 | € 79,949 | ▲ 7% |
| Profit after taxes | € 168,984 | € 39,479 | € -91,822 | € -78,284 | ▲ € 13,538 |
| Equity | € 754,343 | € 793,822 | € 701,999 | € 623,715 | ▼ 11% |
| Total debts | € 961,157 | € 921,490 | € 887,205 | € 1,182,051 | ▲ 33% |
| Cash | € 283,114 | € 81,929 | € 72,626 | € 277,949 | ▲ 283% |
| Land & buildings | € 1,567,040 | € 1,370,682 | € 1,523,780 | € 1,641,714 | ▲ 8% |
| Retained profit | € 354,343 | € 393,822 | € 301,999 | € 223,715 | ▼ 26% |
| Bank debt | € 580,000 | € 535,000 | € 495,000 | € 795,000 | ▲ 61% |
| Balance sheet total | € 1,850,306 | € 1,844,275 | € 1,711,549 | € 1,920,603 | ▲ 12% |
Key figures of FARA, 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 FARA?
What happened at FARA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 78,284. Source: NBB ↗
- Roland Herzeel became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 168,984 profit in 2022 to € 78,284 loss in 2025.
Best year ever: 2022, with € 168,984 profit.
Management
Behind FARA is Roland Herzeel.
Directors
According to the 2025 annual accounts
Roland Herzeel
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Zeedijk-Knokke 544 box 3
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.110.612
- VAT number
- BE 0447.110.612
- Registered office
- Zeedijk-Knokke 544 bus 3, 8300 Knokke-Heist
- Names & denominations
- FARA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 1992
- Peppol
- Active · Active since 29 Jul 2025