ACTIVE

FAROS

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Financial year 2025 · closed on 31/12/2025

Net result

538,9 k €

-28.2% YoY

Revenue

4,8 M €

-13.0% YoY

Equity

2,5 M €

+5.1% YoY

Workforce

37,7 ETP

-14.9% YoY

What does FAROS do?

FAROS is a Public limited company incorporated in 2004. Its registered office is in Kontich. It employs on average 37,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0867.274.426

Incorporation

16/09/2004

Legal form

Public limited company

Registered office

Veldkant 33 box A
2550 Kontich · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

37,7 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	4,8 M €	-13.0%	5,5 M €	+5.1%	5,2 M €	+13.3%	4,6 M €	+6.7%	4,3 M €	+14.3%	3,8 M €	+7.4%	3,5 M €	+3.0%	3,4 M €	+24.3%	2,7 M €	+6.5%	2,6 M €	+20.0%	2,2 M €	+25.5%	1,7 M €	+14.5%	1,5 M €	-11.3%	1,7 M €	-3.6%	1,8 M €	-8.2%	1,9 M €	-2.2%	2 M €	-13.1%	2,2 M €	+17.4%	1,9 M €	+6.1%	1,8 M €
EBITDA	601,9 k €	-26.6%	820,4 k €	-15.9%	975,7 k €	+30.2%	749,4 k €	-25.7%	1 M €	+8.0%	934,4 k €	+13.8%	821,1 k €	-10.8%	920,7 k €	+70.1%	541,4 k €	-7.8%	587 k €	+1.7%	577,4 k €	+30.9%	441,1 k €	+104%	216,5 k €	-12.4%	247,3 k €	-15.7%	293,1 k €	+8.2%	270,8 k €	+109%	129,6 k €	-60.7%	329,6 k €	+69.0%	195 k €	+99.1%	98 k €
Operating result	567,2 k €	-28.7%	795,5 k €	-16.5%	953,1 k €	+30.8%	728,8 k €	-29.4%	1 M €	+17.2%	881,3 k €	+9.4%	805,2 k €	-11.3%	907,7 k €	+71.0%	530,9 k €	-8.3%	578,6 k €	+2.0%	567,1 k €	+31.3%	432 k €	+107%	208,6 k €	-13.8%	241,9 k €	-15.7%	287,1 k €	+8.8%	263,7 k €	+121%	119,6 k €	-62.1%	315,9 k €	+74.3%	181,3 k €	+103%	89,1 k €
Net result	538,9 k €	-28.2%	751 k €	+1.0%	744 k €	+42.5%	522,1 k €	-30.7%	753,9 k €	+14.3%	659,6 k €	+14.4%	576,6 k €	-2.5%	591,2 k €	+83.3%	322,6 k €	-8.3%	351,8 k €	+0.2%	351,2 k €	+29.5%	271,3 k €	-11.0%	304,9 k €	+17.3%	259,9 k €	+50.1%	173,2 k €	+9.6%	158 k €	+142%	65,4 k €	-62.0%	172,3 k €	+119%	78,7 k €	+173%	28,8 k €
Balance sheet
Equity	2,5 M €	+5.1%	2,4 M €	+7.6%	2,2 M €	+7.9%	2,1 M €	+13.8%	1,8 M €	-4.7%	1,9 M €	+36.1%	1,4 M €	+43.3%	985,7 k €	+9.1%	903,5 k €	+2.6%	880,9 k €	+3.7%	849,2 k €	+6.4%	798 k €	+14.7%	695,7 k €	+3.7%	670,8 k €	+22.2%	548,9 k €	+2.5%	535,7 k €	+12.1%	477,7 k €	+15.9%	412,3 k €	+71.8%	240 k €	+48.8%	161,3 k €
Total assets	3,6 M €	-3.4%	3,7 M €	+1.6%	3,6 M €	+18.7%	3,1 M €	+5.0%	2,9 M €	+1.2%	2,9 M €	+30.9%	2,2 M €	-2.5%	2,3 M €	+16.5%	1,9 M €	+15.5%	1,7 M €	+7.6%	1,6 M €	+13.7%	1,4 M €	+11.8%	1,2 M €	+5.8%	1,2 M €	+5.5%	1,1 M €	+12.0%	980,8 k €	+1.9%	962,2 k €	-2.0%	981,7 k €	-10.6%	1,1 M €	+54.0%	713,3 k €
Cash	19,3 k €	+74.9%	11,1 k €	-81.0%	58,2 k €	+271%	15,7 k €	-13.1%	18,1 k €	+67.5%	10,8 k €	-18.9%	13,3 k €	-64.7%	37,7 k €	+13.8%	33,1 k €	-71.6%	116,5 k €	-6.7%	124,9 k €	-67.2%	380,7 k €	+172%	139,8 k €	-46.9%	263 k €	+63.3%	161,1 k €	-1.0%	162,8 k €	-3.0%	167,9 k €	+10.2%	152,4 k €	+78.2%	85,5 k €	+8.0%	79,2 k €
Debts	1 M €	-20.5%	1,3 M €	-8.3%	1,4 M €	+41.7%	978,2 k €	-9.9%	1,1 M €	+13.2%	959,4 k €	+21.7%	788,2 k €	-38.0%	1,3 M €	+22.9%	1 M €	+29.9%	796,1 k €	+12.3%	709 k €	+23.8%	572,8 k €	+7.9%	530,9 k €	+8.8%	488,1 k €	-9.2%	537,8 k €	+26.0%	426,7 k €	-10.9%	478,8 k €	-9.3%	527,8 k €	-38.5%	857,7 k €	+55.4%	552 k €
Other
Workforce	37,7 ETP	-14.9%	44,3 ETP	+3.7%	42,7 ETP	+2.6%	41,6 ETP	+13.0%	36,8 ETP	+11.2%	33,1 ETP	+1.8%	32,5 ETP	+9.8%	29,6 ETP	+8.8%	27,2 ETP	+7.5%	25,3 ETP	+14.0%	22,2 ETP	+26.1%	17,6 ETP	+6.7%	16,5 ETP	+3.1%	16,0 ETP	+14.3%	14,0 ETP	-0.7%	14,1 ETP	+1.4%	13,9 ETP	-22.8%	18,0 ETP	+2.3%	17,6 ETP	-6.9%	18,9 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 31/12/2025 · 3 active · 27 ended

Active mandates

De Cronos Groep

Director · since 27 juillet 2022 · until 20 juin 2028 · 0467.132.994

Represented by Dirk, Jules, Clement DEROOST

Active

Jef de Wit

Director · since 27 juillet 2022 · until 20 juin 2028

Active

Xplore group

Director · since 27 juin 2022 · until 20 juin 2028 · 0865.300.673

Represented by Paul CLAES

Active

Ended mandates

De Cronos Groep

Director · since 22 juin 2016 · until 21 juin 2022 · 0467.132.994

Represented by Dirk, Jules, Clement DEROOST

Ended

Jef de Wit

Director · since 22 juin 2016 · until 21 juin 2022

Ended

Xplore group

Director · since 22 juin 2016 · until 21 juin 2022 · 0865.300.673

Represented by Paul CLAES

Ended

De Cronos Groep

Director · since 21 juin 2016 · until 21 juin 2022 · 0467.132.994

Represented by Dirk, Jules, Clement DEROOST

Ended

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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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/07/2026	22/08/2025	23/07/2024	10/08/2023	18/08/2022	05/07/2021
General meeting	30/06/2026	15/07/2025	18/06/2024	27/07/2023	26/07/2022	15/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	27/07/2026	Dutch	PDF
Abridged model	31/12/2024	15/07/2025	22/08/2025	Dutch	PDF
Abridged model	31/12/2023	18/06/2024	23/07/2024	Dutch	PDF
Abridged model	31/12/2022	27/07/2023	10/08/2023	Dutch	PDF
Abridged model	31/12/2021	26/07/2022	18/08/2022	Dutch	PDF
Abridged model	31/12/2020	15/06/2021	05/07/2021	Dutch	PDF
Abridged model	31/12/2019	16/06/2020	09/07/2020	Dutch	PDF
Abridged model	31/12/2018	18/06/2019	24/06/2019	Dutch	PDF
Abridged model	31/12/2017	19/06/2018	24/07/2018	Dutch	PDF
Full model	31/12/2016	20/06/2017	03/07/2017	Dutch	PDF
Full model	31/12/2015	21/06/2016	12/07/2016	Dutch	PDF
Full model	31/12/2014	16/06/2015	25/06/2015	Dutch	PDF
Full model	31/12/2013	17/06/2014	26/06/2014	Dutch	PDF
Full model	31/12/2012	18/06/2013	09/07/2013	Dutch	PDF
Full model	31/12/2011	19/06/2012	26/07/2012	Dutch	PDF
Full model	31/12/2010	21/06/2011	02/08/2011	Dutch	PDF
Full model	31/12/2009	15/06/2010	15/07/2010	Dutch	PDF
Full model	31/12/2008	16/06/2009	22/07/2009	Dutch	PDF
Full model	31/12/2007	17/06/2008	18/07/2008	Dutch	PDF
Full model	31/12/2006	19/06/2007	22/06/2007	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 31/12/2025 · 3 active · 27 ended

Active mandates

De Cronos Groep

Director · since 27 juillet 2022 · until 20 juin 2028 · 0467.132.994

Represented by Dirk, Jules, Clement DEROOST

Active

Jef de Wit

Director · since 27 juillet 2022 · until 20 juin 2028

Active

Xplore group

Director · since 27 juin 2022 · until 20 juin 2028 · 0865.300.673

Represented by Paul CLAES

Active

Ended mandates

De Cronos Groep

Director · since 22 juin 2016 · until 21 juin 2022 · 0467.132.994

Represented by Dirk, Jules, Clement DEROOST

Ended

Jef de Wit

Director · since 22 juin 2016 · until 21 juin 2022

Ended

Xplore group

Director · since 22 juin 2016 · until 21 juin 2022 · 0865.300.673

Represented by Paul CLAES

Ended

De Cronos Groep

Director · since 21 juin 2016 · until 21 juin 2022 · 0467.132.994

Represented by Dirk, Jules, Clement DEROOST

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/10/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2014
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

2025
Annual accounts 2025538,9 k €↓
2024
Annual accounts 2024751 k €↑
2023
Annual accounts 2023744 k €↑
2022
Annual accounts 2022522,1 k €↓
2021
Annual accounts 2021753,9 k €↑
2020
Annual accounts 2020659,6 k €↑
2019
Annual accounts 2019576,6 k €↓
2018
Annual accounts 2018591,2 k €↑
2017
Annual accounts 2017322,6 k €↓
2016
Annual accounts 2016351,8 k €↑
2015
Annual accounts 2015351,2 k €↑
2014
Annual accounts 2014271,3 k €↓
2013
Annual accounts 2013304,9 k €↑
2012
Annual accounts 2012259,9 k €↑
2011
Annual accounts 2011173,2 k €↑
2010
Annual accounts 2010158 k €↑
2009
Annual accounts 200965,4 k €↓
2008
Annual accounts 2008172,3 k €↑
2007
Annual accounts 200778,7 k €↑
2006
Annual accounts 200628,8 k €
16/09/2004
IncorporationPublic 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

FAROS

Overview

What does FAROS do?

Trend over 20 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