ACTIVE

Farok

Financial year 2023 · closed on 31/12/2023
Net result
962,6 €
+103.1% YoY
Gross margin
2,7 k €
+109.2% YoY
Equity
-44,1 k €
+2.1% YoY

What does Farok do?

Farok is a Private limited company incorporated in 2010. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0829.691.280
Incorporation
29/09/2010
Legal form
Private limited company
Registered office
Gitschotellei 236
2600 Antwerpen · FlandreSee on map
Contributed capital
6 914,27 €
Latest accounts
31/12/2023
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20232022202020192018201720162015201420132012
Income statement
Gross margin2,7 k €-29,6 k €13,3 k €599,6 €-857,8 €-10,6 k €-10,4 k €-10,7 k €-2,4 k €2 k €
EBITDA962,6 €-30,6 k €12,9 k €246,8 €-1,7 k €-10,8 k €-12,2 k €-12,3 k €-3,8 k €1,3 k €
Operating result962,6 €-30,6 k €12,8 k €39 €-2,5 k €-11,6 k €-13,1 k €-13,1 k €-4,6 k €1,3 k €
Net result962,6 €-30,6 k €12,6 k €-96,5 €-2,6 k €-11,9 k €-13,2 k €-13,2 k €-4,7 k €1,2 k €
Balance sheet
Equity-44,1 k €-45,1 k €7,9 k €-37,5 k €-37,4 k €-34,8 k €-22,9 k €-9,7 k €3,5 k €8,1 k €1 €
Total assets40,8 k €63,4 k €11,9 k €4,2 k €4,1 k €4,2 k €5,5 k €21,2 k €22 k €16,5 k €1 €
Cash1 k €1,7 k €2,6 k €2,4 k €1,3 k €501,6 €1,2 k €2,1 k €3,2 k €435,2 €
Debts84,9 k €108,5 k €4 k €41,7 k €41,5 k €39,1 k €28,4 k €30,9 k €18,5 k €8,4 k €
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 31/12/2023 · 1 active · 3 ended

Active mandates

Jozef Faroke Mizy

Director

Active

Ended mandates

Jozef Faroke Mizy

Manager · since 29 septembre 2010

Ended
mizy jozef faroke

Director

Ended
mizy jozef faroke

Manager

Ended
Annual accounts

Full financial information

202320222020201920182017
Type of accountMicro modelMicro modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202331/12/202231/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202412/03/202425/08/202115/04/202131/12/201931/08/2018
General meeting31/05/202426/03/202330/06/202114/04/202131/05/201928/05/2018
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202331/05/202430/09/2024DutchPDF
Micro model31/12/202226/03/202312/03/2024DutchPDF
Abridged model31/12/202030/06/202125/08/2021DutchPDF
Micro model31/12/201914/04/202115/04/2021DutchPDF
Micro model31/12/201831/05/201931/12/2019DutchPDF
Micro model31/12/201728/05/201831/08/2018DutchPDF
Micro model31/12/201626/05/201731/08/2017DutchPDF
Abridged model31/12/201527/05/201630/08/2016DutchPDF
Abridged model31/12/201429/05/201531/08/2015DutchPDF
Abridged model31/12/201330/05/201431/08/2014DutchPDF
Abridged model31/12/201206/05/201331/08/2013DutchPDF
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 31/12/2023 · 1 active · 3 ended

Active mandates

Jozef Faroke Mizy

Director

Active

Ended mandates

Jozef Faroke Mizy

Manager · since 29 septembre 2010

Ended
mizy jozef faroke

Director

Ended
mizy jozef faroke

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023962,6 €
  2. 2022
    Annual accounts 2022-30,6 k €
  3. 2020
    Annual accounts 202012,6 k €
  4. 2019
    Annual accounts 2019-96,5 €
  5. 2018
    Annual accounts 2018-2,6 k €
  6. 2017
    Annual accounts 2017-11,9 k €
  7. 2016
    Annual accounts 2016-13,2 k €
  8. 2015
    Annual accounts 2015-13,2 k €
  9. 2014
    Annual accounts 2014-4,7 k €
  10. 2013
    Annual accounts 20131,2 k €
  11. 2012
    Annual accounts 2012
  12. 29/09/2010
    IncorporationPrivate limited company