Active · per the CBE, 16 September 2026

FAROW

BE0676380406

Rechtspersoon Public limited company 1 establishment

FAROW is an IT company in Hasselt. Public Limited, started on 29 May 2017, 1 establishment.

Kempische steenweg 303 box 200, 3500 Hasselt

Active for

9 year, 3 months

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.

  • Busy address KBO

    44 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

FAROW from Hasselt, company number BE0676380406, closed financial year 2025 with a result of € -283,274 after tax. For that financial year FAROW recorded a gross margin of € -217,936 and equity of € 839,998. Compared with financial year 2024, the result moved from € -100,172 to € -283,274. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.

What it is worth Growing

€ 839,998

▲ € 1.3 million vs 2024

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

Loss Caution

€ -283,274

▼ 183 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 20,715

▼ 83% vs 2024

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 € -1.2 million.

People and assets in 2025

Full-time equivalents

0.3

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

Wage cost

€ 17,310

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 2025

Bank debt ≈ 3 years to go

€ 143,297

▼ 80% vs 2024

€ 53,323 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 63,583

▲ 74% vs 2024

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

Taxes and wages

€ 2,528

▲ € 2,466 vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € -16,078 € -16,622 € -74,005 € -217,936 ▼ € 143,931
Profit after taxes € -58,610 € -45,189 € -100,172 € -283,274 ▼ € 183,102
Equity € -358,812 € -404,001 € -504,173 € 839,998 ▲ € 1.3 million
Total debts € 390,884 € 698,163 € 772,266 € 210,909 ▼ 73%
Cash € 5,991 € 131,039 € 125,060 € 20,715 ▼ 83%
Retained profit € -748,445 € -793,634 € -893,806 € -1,177,080 ▼ € 283,274
Bank debt € 355,216 € 646,199 € 730,235 € 143,297 ▼ 80%
Balance sheet total € 32,073 € 294,161 € 268,093 € 1,050,907 ▲ 292%
Employees (FTE) - 0 0 0.3

Key figures of FAROW, 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 FAROW?

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

  • Willem Eeraerts stepped down as director. NBB
  • Niels Diepvens stepped down as director. NBB
  • Tim Buckinx stepped down as director. NBB
  • Wilfried Vancraen stepped down as director. NBB
  • Patrick Hellemans stepped down as director. NBB
  • Rosalie Declercq stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 283,274. Source: NBB ↗
  • Dirk Loeckx stepped down as director. NBB

In short

From € 58,610 loss in 2022 to € 283,274 loss in 2025.

Paid € 529 in corporate taxes since 2022.

Management

Directors

According to the 2025 annual accounts

Tim Buckinx

Director

Also active at: ATOPICON

since 2025 · until 2031

Wilfried Vancraen

Director

since 2025 · until 2031

Patrick Hellemans

Director

since 2025 · until 2031

Rosalie Declercq

Director

Also active at: FABIOLA, POSEIDON, ZEEWIND, DEBOFIN, LALOBA INVESTING, OSTENDIA GROEP, OSTENDIA CONSTRUCT

since 2025 · until 2031

Dirk Loeckx

Director

Also active at: Jupiter, Jomale

since 2025 · until 2026

Willem Eeraerts

Director

since 2025 · until 2031

Establishments

Establishment units

Physical locations of this company

Registered office

Kempische steenweg 303 box 200

3500 Hasselt

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

Details

Company number
0676.380.406
VAT number
BE 0676.380.406
Registered office
Kempische steenweg 303 bus 200, 3500 Hasselt
Names & denominations
FAROW
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
29 May 2017
Peppol
Active · Active since 13 Oct 2025
Activities · NACE

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Frequently asked questions

What does FAROW do?
FAROW is an IT company in Hasselt. Public Limited, started on 29 May 2017, 1 establishment.
What is the address of FAROW?
The registered office of FAROW is located at Kempische steenweg 303 box 200, 3500 Hasselt.
Is FAROW still active?
Yes. According to the CBE (16 September 2026) FAROW is active, legal situation “Normale toestand”, started on 29 May 2017.
Is FAROW registered on Peppol?
Yes, FAROW is registered on the Peppol network with ID 0208:0676380406.
What is the enterprise number of FAROW?
The enterprise number of FAROW is BE0676380406.
When was FAROW founded?
FAROW was founded on 29 May 2017.