FARAO
0448.983.306 · rovalta.com · 23/09/2026
ACTIVE
FARAO
Financial year 2023 · closed on 31/12/2023
Net result
-8,4 k €
-109.4% YoY
Gross margin
204,8 k €
+1.3% YoY
Equity
95,7 k €
-39.7% YoY
Overview
What does FARAO do?
FARAO is a Private limited company incorporated in 1992. Its main activity is: Accommodation. Its registered office is in Leuven.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0448.983.306
Incorporation
21/12/1992
Legal form
Private limited company
Registered office
Oude Markt 42
3000 Leuven · FlandreSee on map
3000 Leuven · FlandreSee on map
Latest accounts
31/12/2023
Activities (NACE)
Signals
Solid equityLow riskGood liquidityPositive EBITDAHealthy social debts
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Financials
Trend over 15 financial years
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||
| Gross margin | 204,8 k € | +1.3% | 202,1 k € | +25.4% | 161,1 k € | +241% | 47,2 k € | -26.2% | 64 k € | +154% | 25,2 k € | +324% | 6 k € | +127% | -22,2 k € | -65.4% | -13,4 k € | -155% | 24,3 k € | -88.0% | 201,7 k € | +9.3% | 184,6 k € | -9.8% | 204,8 k € | +22.6% | 167 k € | -6.8% | 179,3 k € |
| EBITDA | 72,9 k € | -28.1% | 101,5 k € | -19.5% | 126 k € | +893% | 12,7 k € | -44.1% | 22,7 k € | +1145% | 1,8 k € | +112% | -15 k € | +51.8% | -31 k € | -90.6% | -16,3 k € | -176% | 21,4 k € | +200% | 7,1 k € | +7.3% | 6,6 k € | -19.4% | 8,2 k € | +118% | -45,8 k € | -232% | -13,8 k € |
| Operating result | 68,9 k € | -29.2% | 97,3 k € | -21.9% | 124,6 k € | +965% | 11,7 k € | -46.1% | 21,7 k € | +2085% | 993,3 € | +106% | -17,2 k € | +50.0% | -34,4 k € | -105% | -16,7 k € | -190% | 18,5 k € | +250% | 5,3 k € | +71.6% | 3,1 k € | -12.6% | 3,5 k € | +107% | -50,9 k € | -209% | -16,5 k € |
| Net result | -8,4 k € | -109% | 89,7 k € | -22.5% | 115,8 k € | +2804% | 4 k € | -75.3% | 16,1 k € | +29935% | 53,7 € | +100% | -21,3 k € | +41.0% | -36,1 k € | -118% | -16,6 k € | -188% | 18,8 k € | +124% | 8,4 k € | +896% | 840 € | +122% | -3,9 k € | +92.5% | -51,4 k € | -241% | -15,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||
| Equity | 95,7 k € | -39.7% | 158,7 k € | +101% | 79,1 k € | +239% | -56,9 k € | +6.6% | -60,9 k € | +21.0% | -77 k € | +0.1% | -77 k € | -38.3% | -55,7 k € | -233% | -16,7 k € | -8534% | -194 € | +99.0% | -18,9 k € | +30.6% | -27,3 k € | +3.0% | -28,2 k € | -15.9% | -24,3 k € | -190% | 27,1 k € |
| Total assets | 155,8 k € | -16.1% | 185,7 k € | +26.7% | 146,5 k € | +429% | 27,7 k € | -0.8% | 27,9 k € | +29.9% | 21,5 k € | -3.4% | 22,3 k € | +30.8% | 17 k € | -40.5% | 28,6 k € | +33.2% | 21,5 k € | -35.6% | 33,4 k € | +114% | 15,6 k € | -68.6% | 49,6 k € | -21.6% | 63,2 k € | +6.7% | 59,3 k € |
| Cash | 131,6 k € | -21.3% | 167,3 k € | +21.7% | 137,5 k € | +29489% | 464,7 € | -97.3% | 17 k € | +181% | 6,1 k € | +2.6% | 5,9 k € | +16.1% | 5,1 k € | -55.1% | 11,3 k € | -25.4% | 15,2 k € | -42.0% | 26,2 k € | +576% | 3,9 k € | -77.2% | 17 k € | -12.6% | 19,4 k € | -45.4% | 35,6 k € |
| Debts | 60,1 k € | +122% | 27 k € | -59.9% | 67,4 k € | -20.2% | 84,6 k € | -4.8% | 88,8 k € | -9.9% | 98,5 k € | -0.8% | 99,3 k € | +36.5% | 72,7 k € | +60.4% | 45,4 k € | +109% | 21,7 k € | -58.6% | 52,3 k € | +22.0% | 42,9 k € | -44.8% | 77,7 k € | -11.2% | 87,5 k € | +172% | 32,2 k € |
| Other | |||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | 1,5 ETP | – | – | – | – | – | – | – | ||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2023 · 1 active · 5 ended
Active mandates
Mattias Langens
ActiveEnded mandates
mattias langens
EndedDIRK BUYLE
EndedFabian Pijl
EndedMattias Langens
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
D.V.D. LEUVEN● Active | 0437.938.271 |
| 1001.414.538 |
Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 29/09/2025 | 31/08/2024 | 31/08/2023 | 28/09/2022 | 31/08/2021 | 03/09/2020 |
| General meeting | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 | 30/06/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
18 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2024 | 30/06/2025 | 29/09/2025 | Dutch | |
| Micro model | 31/12/2023 | 30/06/2024 | 31/08/2024 | Dutch | |
| Micro model | 31/12/2022 | 30/06/2023 | 31/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 30/06/2022 | 28/09/2022 | Dutch | |
| Micro model | 31/12/2020 | 30/06/2021 | 31/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 30/06/2020 | 03/09/2020 | Dutch | |
| Micro model | 31/12/2018 | 30/06/2019 | 28/10/2019 | Dutch | |
| Abridged model | 31/12/2017 | 30/06/2018 | 26/09/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2014 | 30/06/2015 | 31/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/06/2014 | 21/10/2014 | Dutch | |
| Abridged model | 31/12/2012 | 30/06/2013 | 31/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 30/06/2012 | 28/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 30/06/2011 | 08/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 30/06/2010 | 09/11/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/06/2009 | 29/10/2009 | Dutch | |
| Abridged model | 31/12/2007 | 29/05/2008 | 04/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 30/06/2007 | 26/02/2008 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 M€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2023 · 1 active · 5 ended
Active mandates
Mattias Langens
ActiveEnded mandates
mattias langens
EndedDIRK BUYLE
EndedFabian Pijl
EndedMattias Langens
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2023Annual accounts 2023-8,4 k €↓
- 2022Annual accounts 202289,7 k €↓
- 2021Annual accounts 2021115,8 k €↑
- 2020Annual accounts 20204 k €↓
- 2019Annual accounts 201916,1 k €↑
- 2018Annual accounts 201853,7 €↑
- 2017Annual accounts 2017-21,3 k €↑
- 2016Annual accounts 2016-36,1 k €↓
- 2014Annual accounts 2014-16,6 k €↓
- 2013Annual accounts 201318,8 k €↑
- 2012Annual accounts 20128,4 k €↑
- 2011Annual accounts 2011840 €↑
- 2010Annual accounts 2010-3,9 k €↑
- 2009Annual accounts 2009-51,4 k €↓
- 2008Annual accounts 2008-15,1 k €
- 21/12/1992IncorporationPrivate limited company