Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
FARAO from Leuven, company number BE0448983306, closed financial year 2023 with a result of € -8,420 after tax. For that financial year FARAO recorded a gross margin of € 204,798 and equity of € 95,699. Compared with financial year 2022, the result moved from € 89,706 to € -8,420. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2024.
€ 95,699
▼ 40% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,420
▼ still € 89,706 profit in 2022
Profit after tax over the fiscal year.
€ 131,612
▼ 21% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 95,699.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 131,544
▲ 31% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 36,453
▲ 153% vs 2022
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 161,113 | € 202,113 | € 204,798 | ▲ 1% |
| Profit after taxes | € 115,776 | € 89,706 | € -8,420 | ▼ € 98,125 |
| Equity | € 79,107 | € 158,711 | € 95,699 | ▼ 40% |
| Total debts | € 67,440 | € 27,033 | € 60,091 | ▲ 122% |
| Cash | € 137,493 | € 167,268 | € 131,612 | ▼ 21% |
| Retained profit | € 60,515 | € 140,119 | € 95,699 | ▼ 32% |
| Dividend | € 0 | € 0 | € 36,000 | |
| Balance sheet total | € 146,548 | € 185,744 | € 155,790 | ▼ 16% |
Key figures of FARAO, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to FARAO?
What happened at FARAO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 8,420 (▼ € 98,125 vs 2022). filed late Source: NBB ↗
- Mattias Langens became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 115,776 profit in 2021 to € 8,420 loss in 2023.
Paid € 78,030 in corporate taxes since 2021.
Best year ever: 2021, with € 115,776 profit.
Paid out € 36,000 in dividends to the owners in total.
A new publication or filing at FARAO? We notify you, reason included.
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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 FARAO is Mattias Langens. Mattias Langens is also behind DE 1900, SEVEN ELEVEN and 'T Kaffaat.
Directors
According to the 2023 annual accounts
since 2001
Establishments
Establishment units
Physical locations of this company
Oude Markt 42
3000 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0448.983.306
- VAT number
- BE 0448.983.306
- Registered office
- Oude Markt 42, 3000 Leuven
- Names & denominations
- FARAO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1992
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Cafés en bars
Cafés
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Fastfoodzaken, snackbars, frituren en dergelijke
Eetgelegenheden met beperkte bediening