ACTIVE

FARA

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Financial year 2016 · closed on 31/12/2016

Net result

-1,9 k €

-790.4% YoY

Gross margin

194,7 k €

-12.4% YoY

Equity

200,8 k €

+23.4% YoY

Workforce

3,9 ETP

-4.9% YoY

What does FARA do?

FARA is a Non-profit organization incorporated in 1990. Its main activity is: Technical and vocational secondary education. Its registered office is in Leuven. It employs on average 3,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.450.634

Incorporation

03/10/1990

Legal form

Non-profit organization

Registered office

Geldenaaksebaan 277
3001 Leuven · FlandreSee on map

Latest accounts

31/12/2016

Average workforce

3,9 ETP

Activities (NACE)

85323Technical and vocational secondary education· main 88999Other social work activities without accommodation n.e.c.88999Other social work activities without accommodation n.e.c.

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2016		2015		2014		2013		2012		2011		2010		2008
Income statement
Gross margin	194,7 k €	-12.4%	222,4 k €	-5.3%	234,9 k €	-2.2%	240,1 k €	+4.3%	230,3 k €	-12.9%	264,3 k €	+18.3%	223,4 k €	+3.2%	216,3 k €
EBITDA	-20,5 k €	+30.2%	-29,3 k €	-2775%	1,1 k €	-81.0%	5,8 k €	+148%	-11,9 k €	-127%	44,1 k €	-50.5%	89,1 k €	+236%	-65,5 k €
Operating result	-21,8 k €	+28.8%	-30,6 k €	-1204193%	2,5 €	-100.0%	5,2 k €	+138%	-13,7 k €	-132%	42,8 k €	-50.0%	85,6 k €	+224%	-68,9 k €
Net result	-1,9 k €	-790%	268,9 €	-10.4%	300 €	-98.6%	20,9 k €	+548%	3,2 k €	-93.5%	49,3 k €	-39.5%	81,5 k €	+213%	-71,8 k €
Balance sheet
Equity	200,8 k €	+23.4%	162,7 k €	+0.2%	162,4 k €	+0.2%	162,1 k €	+14.8%	141,3 k €	-35.2%	218,1 k €	+18.7%	183,7 k €	+9417%	1,9 k €
Total assets	300,9 k €	-6.6%	322,3 k €	+7.0%	301,2 k €	+9.6%	274,7 k €	-0.4%	275,9 k €	-10.4%	307,9 k €	+12.3%	274,2 k €	+93.6%	141,6 k €
Cash	171,6 k €	-11.2%	193,2 k €	+12.8%	171,2 k €	-6.2%	182,6 k €	+0.1%	182,4 k €	-12.4%	208,3 k €	+24.9%	166,8 k €	+805%	18,4 k €
Debts	35,2 k €	+17.1%	30 k €	+0.6%	29,9 k €	-8.6%	32,7 k €	-37.9%	52,7 k €	-19.7%	65,6 k €	+10.6%	59,3 k €	-37.6%	95 k €
Other
Workforce	3,9 ETP	-4.9%	4,1 ETP	+10.8%	3,7 ETP	-5.1%	3,9 ETP	+2.6%	3,8 ETP	0.0%	3,8 ETP	+40.7%	2,7 ETP	-47.1%	5,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2016 · 13 active · 14 ended

Active mandates

Bernard Spitz

Chairman of the board of directors

Active

Bert Meulemans

Director

Active

Dominic Verhoeven

Director

Active

Hilde Vrancken

Director

Active

Josian Caproens

Director

Active

Katrien Ruytjens

Director

Active

Lieve Van Hoofstadt

Managing director

Active

Marie-Jeanne Schoofs

Director

Active

Najima El Handouni

Director

Active

Rebecca Schoeters

Director

Active

Riet Rummens

Director

Active

Willy Cockx

Director

Active

Yvonne Denier

Director

Active

Ended mandates

Bernard Aloïs Marie Spitz

Chairman of the board of directors

Ended

Bert Renaat Meulemans

Director

Ended

Bruno Aerts

Mandate

Ended

Bruno Aerts

Director

Ended

At this address

Other companies at this address

Company	CBE no.
Centrum voor Christelijk Vormingswerk● Active	0413.065.095
De Rode Antraciet● Active	0862.261.407
Patrimonium SALCO● Active	0776.984.549
Sint-Albertuscollege - Haasrode● Active	0442.223.196

Annual accounts

Full financial information

	2016	2015	2014	2013	2012	2011
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2016	01/01/2015	01/01/2014	01/01/2013	01/01/2012	01/01/2011
Closing of the financial year	31/12/2016	31/12/2015	31/12/2014	31/12/2013	31/12/2012	31/12/2011
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/03/2018	09/06/2017	05/05/2015	20/05/2014	11/06/2013	24/09/2012
General meeting	31/03/2017	14/03/2016	17/03/2015	18/03/2014	19/03/2013	14/03/2012
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2016	31/03/2017	26/03/2018	Dutch	PDF
Abridged model	31/12/2015	14/03/2016	09/06/2017	Dutch	PDF
Abridged model	31/12/2014	17/03/2015	05/05/2015	Dutch	PDF
Abridged model	31/12/2013	18/03/2014	20/05/2014	Dutch	PDF
Abridged model	31/12/2012	19/03/2013	11/06/2013	Dutch	PDF
Abridged model	31/12/2011	14/03/2012	24/09/2012	Dutch	PDF
Abridged model	31/12/2010	24/03/2011	24/09/2012	Dutch	PDF
Abridged model	31/12/2008	26/05/2009	30/06/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2016 · 13 active · 14 ended

Active mandates

Bernard Spitz

Chairman of the board of directors

Active

Bert Meulemans

Director

Active

Dominic Verhoeven

Director

Active

Hilde Vrancken

Director

Active

Josian Caproens

Director

Active

Katrien Ruytjens

Director

Active

Lieve Van Hoofstadt

Managing director

Active

Marie-Jeanne Schoofs

Director

Active

Najima El Handouni

Director

Active

Rebecca Schoeters

Director

Active

Riet Rummens

Director

Active

Willy Cockx

Director

Active

Yvonne Denier

Director

Active

Ended mandates

Bernard Aloïs Marie Spitz

Chairman of the board of directors

Ended

Bert Renaat Meulemans

Director

Ended

Bruno Aerts

Mandate

Ended

Bruno Aerts

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other13/06/2025
statutenwijziging
PDF
Mandates04/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/01/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/04/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/04/2014
ONTSLAGEN - BENOEMINGEN
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

2016
Annual accounts 2016-1,9 k €↓
2015
Annual accounts 2015268,9 €↓
2014
Annual accounts 2014300 €↓
2013
Annual accounts 201320,9 k €↑
2012
Annual accounts 20123,2 k €↓
2011
Annual accounts 201149,3 k €↓
2010
Annual accounts 201081,5 k €↑
2010
Name changeFARA
2008
Annual accounts 2008-71,8 k €
2008
Name changeCentrum voor Relatievorming en Zwargerschapsproblemen
03/10/1990
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FARA

Overview

What does FARA do?

Trend over 8 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline