ACTIVE

FARAM

Financial year 2025 · closed on 31/03/2025
Net result
-166,4 k €
-7455.9% YoY
Gross margin
423,2 k €
-9.8% YoY
Equity
478,7 k €
-25.8% YoY
Workforce
4,8 ETP
0.0% YoY

What does FARAM do?

FARAM is a Private limited company incorporated in 1958. Its registered office is in Wevelgem. It employs on average 4,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.338.551
Incorporation
12/08/1958
Legal form
Private limited company
Registered office
Kouterstraat 9
8560 Wevelgem · FlandreSee on map
Contributed capital
220 000,00 €
Latest accounts
31/03/2025
Average workforce
4,8 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
Positive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222019201820172016201520142013201220112010200920082007
Income statement
Gross margin423,2 k €469,3 k €365,8 k €368,9 k €491,6 k €555,4 k €508,3 k €516,2 k €694,3 k €762,9 k €717,8 k €801,2 k €790,8 k €736,6 k €655,3 k €464,2 k €449,6 k €
EBITDA79,1 k €146,3 k €62,7 k €78,8 k €108,7 k €100,4 k €112,7 k €154,6 k €342,4 k €367,2 k €347,8 k €440,9 k €395,2 k €373,8 k €313,3 k €166,4 k €169,3 k €
Operating result-33,7 k €42,9 k €-37 k €-17,4 k €5,5 k €-6,3 k €-35,3 k €121,8 k €313,7 k €336,1 k €307,6 k €402,1 k €348,5 k €334,2 k €280,3 k €126,6 k €162,2 k €
Net result-166,4 k €2,3 k €-76,4 k €-53,9 k €-2,1 k €9,5 k €40,6 k €82,7 k €258 k €471,9 k €252,1 k €363,9 k €326,1 k €288,6 k €237,3 k €112,9 k €143,3 k €
Balance sheet
Equity478,7 k €645 k €642,8 k €1,4 M €1,6 M €1,6 M €1,6 M €1,6 M €1,5 M €1,4 M €1,5 M €1,5 M €1,3 M €981,3 k €693 k €517,6 k €405,2 k €
Total assets3,4 M €3,3 M €3,9 M €3,8 M €4 M €4,1 M €4,2 M €2,7 M €2,4 M €2,9 M €2,7 M €2,5 M €1,4 M €1,1 M €912,9 k €833 k €893,5 k €
Cash256,4 k €91,7 k €875,4 k €200,7 k €108 k €111,4 k €108,9 k €218,3 k €222,1 k €479 k €505,9 k €492,1 k €225,2 k €220,8 k €181,2 k €108,5 k €194,5 k €
Debts2,9 M €2,7 M €3,2 M €2,4 M €2,4 M €2,4 M €2,6 M €1,2 M €943,5 k €1,5 M €1,2 M €985,7 k €112,8 k €157,5 k €214,5 k €311,9 k €482,5 k €
Other
Workforce4,8 ETP4,8 ETP5,3 ETP5,6 ETP6,4 ETP8,0 ETP8,0 ETP7,5 ETP7,3 ETP9,0 ETP8,4 ETP8,6 ETP9,0 ETP8,3 ETP7,4 ETP7,2 ETP6,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 6 ended

Active mandates

VANCAF

Director · since 16 juin 2011 · 0808.277.046

Represented by Frederik VAN CANNEYT

Active

Ended mandates

VANCAF

Director · since 16 juin 2011 · 0808.277.046

Represented by Frederik Van Vanneyt

Ended
Jacques Verlinde

Manager

Ended
VANCAF

Director · 0808.277.046

Represented by Frederik Van Canneyt

Ended
VANCAF

Manager · 0808.277.046

Represented by Frederik Van Canneyt

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/10/202530/09/202423/10/202326/10/202225/10/202130/09/2020
General meeting01/09/202501/09/202422/09/202301/10/202201/10/202101/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202501/09/202506/10/2025DutchPDF
Abridged model31/03/202401/09/202430/09/2024DutchPDF
Abridged model31/03/202322/09/202323/10/2023DutchPDF
Abridged model31/03/202201/10/202226/10/2022DutchPDF
Abridged model31/03/202101/10/202125/10/2021DutchPDF
Abridged model31/03/202001/09/202030/09/2020DutchPDF
Abridged model31/03/201922/09/201918/10/2019DutchPDF
Abridged model31/03/201830/09/201831/10/2018DutchPDF
Abridged model31/03/201701/09/201729/09/2017DutchPDF
Abridged model31/03/201601/09/201630/09/2016DutchPDF
Abridged model31/03/201501/09/201514/09/2015DutchPDF
Abridged model31/03/201401/09/201408/10/2014DutchPDF
Abridged model31/03/201301/09/201329/10/2013DutchPDF
Abridged model31/03/201203/09/201202/10/2012DutchPDF
Abridged model31/03/201101/09/201119/09/2011DutchPDF
Abridged model31/03/201022/09/201029/09/2010DutchPDF
Abridged model31/03/200922/09/200922/10/2009DutchPDF
Abridged model31/03/200822/09/200820/10/2008DutchPDF
Abridged model31/03/200722/09/200718/10/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 6 ended

Active mandates

VANCAF

Director · since 16 juin 2011 · 0808.277.046

Represented by Frederik VAN CANNEYT

Active

Ended mandates

VANCAF

Director · since 16 juin 2011 · 0808.277.046

Represented by Frederik Van Vanneyt

Ended
Jacques Verlinde

Manager

Ended
VANCAF

Director · 0808.277.046

Represented by Frederik Van Canneyt

Ended
VANCAF

Manager · 0808.277.046

Represented by Frederik Van Canneyt

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/12/2011
    DIVERSEN
    PDF
  • Mandates10/08/2011
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates29/06/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares03/02/2003
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates24/12/2002
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-166,4 k €
  2. 2024
    Annual accounts 20242,3 k €
  3. 2023
    Annual accounts 2023-76,4 k €
  4. 2022
    Annual accounts 2022-53,9 k €
  5. 2019
    Annual accounts 2019-2,1 k €
  6. 2018
    Annual accounts 20189,5 k €
  7. 2017
    Annual accounts 201740,6 k €
  8. 2016
    Annual accounts 201682,7 k €
  9. 2015
    Annual accounts 2015258 k €
  10. 2014
    Annual accounts 2014471,9 k €
  11. 2013
    Annual accounts 2013252,1 k €
  12. 2012
    Annual accounts 2012363,9 k €
  13. 2011
    Annual accounts 2011326,1 k €
  14. 2010
    Annual accounts 2010288,6 k €
  15. 2009
    Annual accounts 2009237,3 k €
  16. 2008
    Annual accounts 2008112,9 k €
  17. 2007
    Annual accounts 2007143,3 k €
  18. 12/08/1958
    IncorporationPrivate limited company