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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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Farao's Transport from Antwerpen, company number BE0788750847, closed financial year 2023 with a result of € 6,288 after tax. For that financial year Farao's Transport recorded a gross margin of € 15,604 and equity of € 7,307. Compared with financial year 2022, the result moved from € -982 to € 6,288. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 27, 2024.
€ 7,307
▲ € 6,288 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,288
▲ still € 982 loss in 2022
Profit after tax over the fiscal year.
€ 2,748
▼ 42% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 5,307.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 42,763
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 3,068
Supplier invoices still open on the last day of the fiscal year.
€ 12,747
▲ 240% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € -946 | € 15,604 | ▲ € 16,551 |
| Profit after taxes | € -982 | € 6,288 | ▲ € 7,270 |
| Equity | € 1,018 | € 7,307 | ▲ € 6,288 |
| Total debts | € 3,747 | € 48,888 | ▲ € 45,141 |
| Cash | € 4,765 | € 2,748 | ▼ 42% |
| Retained profit | € -982 | € 5,307 | ▲ € 6,288 |
| Balance sheet total | € 4,765 | € 56,194 | ▲ € 51,429 |
Key figures of Farao's Transport, fiscal years 2022 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's Transport?
What happened at Farao's Transport in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Farao's Transport is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 6,288. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 982 loss in 2022 to € 6,288 profit in 2023.
Paid € 2,436 in corporate taxes since 2022.
Best year ever: 2023, with € 6,288 profit.
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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's Transport is MARCIN KATWINSKI.
Directors
According to the 2023 annual accounts
MARCIN KATWINSKI
Director
Establishments
Establishment units
Physical locations of this company
Haantjeslei 197
2018 Antwerpen
Boterlaarbaan 35 box 301
2100 Antwerpen
Active since 19 July 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0788.750.847
- VAT number
- BE 0788.750.847
- Registered office
- Haantjeslei 197, 2018 Antwerpen
- Names & denominations
- Farao's Transport
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 19 July 2022
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
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