ACTIVE

FARBO

Export PDF

Financial year 2025 · closed on 30/12/2025

Net result

151,5 k €

-43.8% YoY

Gross margin

2,1 M €

+5.1% YoY

Equity

804,6 k €

+23.2% YoY

Workforce

26,5 ETP

+6.0% YoY

What does FARBO do?

FARBO is a Private limited company incorporated in 2014. Its registered office is in Izegem. It employs on average 26,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0546.951.227

Incorporation

26/02/2014

Legal form

Private limited company

Registered office

Roeselaarsestraat 668 box 4
8870 Izegem · FlandreSee on map

Contributed capital

30 000,00 €

Latest accounts

30/12/2025

Average workforce

26,5 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014
Income statement
Gross margin	2,1 M €	+5.1%	2 M €	+62.4%	1,2 M €	+18.7%	1 M €	+19.2%	869,9 k €	+17.4%	740,8 k €	+33.9%	553,1 k €	+43.3%	386 k €	+22.7%	314,5 k €	+63.0%	193 k €	+406%	38,1 k €	+390%	7,8 k €
EBITDA	369,3 k €	-19.6%	459,1 k €	+308%	112,4 k €	-27.3%	154,7 k €	-25.6%	208 k €	+26.2%	164,8 k €	+48.1%	111,3 k €	+175%	40,4 k €	+59.6%	25,3 k €	+13.0%	22,4 k €	+157%	8,7 k €	+19.0%	7,3 k €
Operating result	235,8 k €	-31.4%	343,7 k €	+754%	40,2 k €	-63.1%	109 k €	-36.3%	171,3 k €	+24.5%	137,6 k €	+65.1%	83,4 k €	+349%	18,5 k €	+66.4%	11,1 k €	-18.7%	13,7 k €	+233%	4,1 k €	+20.0%	3,4 k €
Net result	151,5 k €	-43.8%	269,6 k €	+1603%	15,8 k €	-78.9%	74,9 k €	-39.6%	123,9 k €	+26.9%	97,7 k €	+87.9%	52 k €	+799%	5,8 k €	+102%	2,9 k €	-54.2%	6,2 k €	+187%	2,2 k €	+4.8%	2,1 k €
Balance sheet
Equity	804,6 k €	+23.2%	653,1 k €	+70.3%	383,4 k €	+4.3%	367,6 k €	+13.9%	322,7 k €	+62.3%	198,8 k €	+96.6%	101,1 k €	+106%	49,1 k €	+13.3%	43,4 k €	+7.1%	40,5 k €	+18.2%	34,3 k €	+6.8%	32,1 k €
Total assets	1,5 M €	+4.4%	1,5 M €	+79.8%	808,3 k €	+42.0%	569,1 k €	-4.9%	598,4 k €	+28.4%	466,1 k €	+21.5%	383,7 k €	+19.5%	321,2 k €	+46.0%	220 k €	+29.6%	169,8 k €	+71.7%	98,9 k €	+78.0%	55,6 k €
Cash	574,2 k €	+13.4%	506,5 k €	+768%	58,4 k €	-41.0%	98,9 k €	-53.5%	212,5 k €	+37.7%	154,3 k €	+367%	33 k €	-52.6%	69,7 k €	+1155%	5,5 k €	-82.7%	32,2 k €	+31.4%	24,5 k €	+132%	10,5 k €
Debts	707,9 k €	-10.4%	789,7 k €	+85.9%	424,9 k €	+111%	201,5 k €	-26.9%	275,6 k €	+3.1%	267,3 k €	-5.4%	282,6 k €	+3.9%	272,1 k €	+54.0%	176,6 k €	+36.7%	129,3 k €	+100.0%	64,6 k €	+175%	23,5 k €
Other
Workforce	26,5 ETP	+6.0%	25,0 ETP	+38.1%	18,1 ETP	+21.5%	14,9 ETP	+24.2%	12,0 ETP	+14.3%	10,5 ETP	+15.4%	9,1 ETP	+18.2%	7,7 ETP	-6.1%	8,2 ETP	+78.3%	4,6 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/12/2025 · 2 active · 5 ended

Active mandates

Dirk Allaert

Director

Active

PAGE4

Director · 0838.849.763

Represented by Dieter Spriet

Active

Ended mandates

C-INVEST

Director · 0453.371.961

Represented by Filip Cauwelier

Ended

C-INVEST

Manager · 0453.371.961

Represented by Filip Cauwelier

Ended

Kurt Bouvry

Manager · until 31 mars 2016

Ended

Kurt Bouvry

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
BETONWERKEN VANNESTE BERT● Active	0788.609.307
GROEP LUMINAR● Active	0640.833.369
IMPOLES● Active	0834.316.695
LUMINAR● Active	0864.014.929
SWATT● Active	0727.493.862

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	01/01/2021	01/01/2020
Closing of the financial year	30/12/2025	30/12/2024	30/12/2023	30/12/2022	30/12/2021	31/12/2020
Length of the financial year	13 months	13 months	13 months	13 months	12 months	12 months
Filing date	16/02/2026	18/02/2025	21/05/2024	06/03/2023	11/03/2022	21/06/2021
General meeting	11/02/2026	05/02/2025	15/05/2024	13/02/2023	24/02/2022	08/06/2021
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 days

Filings

Annual accounts filings

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/12/2025	11/02/2026	16/02/2026	Dutch	PDF
Abridged model	30/12/2024	05/02/2025	18/02/2025	Dutch	PDF
Abridged model	30/12/2023	15/05/2024	21/05/2024	Dutch	PDF
Abridged model	30/12/2022	13/02/2023	06/03/2023	Dutch	PDF
Abridged model	30/12/2021	24/02/2022	11/03/2022	Dutch	PDF
Abridged model	31/12/2020	08/06/2021	21/06/2021	Dutch	PDF
Abridged model	31/12/2019	07/02/2020	21/02/2020	Dutch	PDF
Abridged model	31/12/2018	16/05/2019	23/05/2019	Dutch	PDF
Abridged model	31/12/2017	24/05/2018	08/06/2018	Dutch	PDF
Abridged model	31/12/2016	19/06/2017	21/06/2017	Dutch	PDF
Abridged model	31/12/2015	29/02/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	27/05/2015	10/07/2015	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

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 30/12/2025 · 2 active · 5 ended

Active mandates

Dirk Allaert

Director

Active

PAGE4

Director · 0838.849.763

Represented by Dieter Spriet

Active

Ended mandates

C-INVEST

Director · 0453.371.961

Represented by Filip Cauwelier

Ended

C-INVEST

Manager · 0453.371.961

Represented by Filip Cauwelier

Ended

Kurt Bouvry

Manager · until 31 mars 2016

Ended

Kurt Bouvry

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/01/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates10/05/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other11/03/2014
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 2025151,5 k €↓
2024
Annual accounts 2024269,6 k €↑
2023
Annual accounts 202315,8 k €↓
2022
Annual accounts 202274,9 k €↓
2021
Annual accounts 2021123,9 k €↑
2020
Annual accounts 202097,7 k €↑
2019
Annual accounts 201952 k €↑
2018
Annual accounts 20185,8 k €↑
2017
Annual accounts 20172,9 k €↓
2016
Annual accounts 20166,2 k €↑
2015
Annual accounts 20152,2 k €↑
2014
Annual accounts 20142,1 k €
26/02/2014
IncorporationPrivate limited company

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

FARBO

Overview

What does FARBO do?

Trend over 12 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