The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 2,329 companies had the same profile as Façade has now. Each dot stands for 6 companies, two years later.
96.1%
were still trading
3.6%
stopped another way
0.1%
went bankrupt
Medium-sized
solvency 30% or more
a profit of 5% of the balance sheet or more
without age
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,329 companies, not a prediction for Façade. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered office moved from Brasschaat to Melle
New registered office: Gontrode Heirweg 142, 9090 Melle · Previous registered office: Charleslei 20, 2390 Brasschaat · Board meeting of 28-05-2024 · Gazette deed
Incorporation
Founding capital of €7,500, 100 shares · Founder: Name after signing inVisible after signing in (comparant) · Appointment: Name hiddenVisible after signing in (director) · published on 07-07-2022 · Gazette deed
abbreviated format, filed on 19-12-2025, 102 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
2023
-
-
5.0m
380,896
26,159
-
12.6m
-1.0m
-1.3m
87.7%
48.4%
37.4%
8.12
0.03
0.01
0.14
1.06
1.67
80.8%
22.6%
99.6%
70.8%
11.0%
37.3%
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
31-08-2025
31-08-2024
31-08-2023
Financial fixed assets
-
-
€5.0m
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Façade
The operating result for 2025 is a loss of €5,082, smaller than the loss of €5,485 in 2024.
Debt's share of the balance-sheet total falls from 51.6% to 12.3%. Equity is higher and debt is lower.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
1 director, since incorporation
Name after signing inVisible after signing in
Director, permanent representative Name hiddenVisible after signing in
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
2 names, the dashed line is today
2022202320242025202620272028
Name hiddenVisible after signing in Director
Hidden nameVisible after signing in Director
BoardEarlierend not dated
Mandates as a list
Name after signing inVisible after signing in
Director, from 05-07-2022 to date
Name hiddenVisible after signing in
Director, from 05-07-2022, no longer listed in the 2025 annual accounts
Annual accounts 2023 filedPDFabbreviated format · 47 days before the deadline
2022
IncorporationFounding capital of €7,500, 100 shares · Founder: Hidden nameVisible after signing in (comparant) · Appointment: Name after signing inVisible after signing in (director) · published on 07-07-20225 points ▸
Founder, Name hiddenVisible after signing in (comparant)
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
Façade was incorporated on 5 July 2022 as a private limited company by one natural person, with a starting capital of €7,500.12The registered office was moved to Melle in 2024.3Since 2022, Name hiddenVisible after signing in has served as director.4Total assets rose from €5.0m in 2023 to €14.4m in 2025.5
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
PurposeThe purpose describes the activities the company may carry out under its articles.
“Overige dienstverlenende activiteiten op het gebied van informatie,n.e.g; Holdings; Op lange termijn aanhouden van aandelen die afkomstig…”
15 activities
Overige dienstverlenende activiteiten op het gebied van informatie,n.e.g.
Holdings
Op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven die in meerderheid tot de financiële sector behoren
Managementsactiviteiten van holdings:tussenkomen in het dagelijks bestuur,vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal,enz.
Op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven uit verscheidene economische sectoren...
Vermogensbeheer
Handel in eigen onroerend goed
Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed,exclusief sociale woningen
Verhuur en exploitatie van terreinen
Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed,exclusief terreinen
Overige adviesbureaus op het gebied van bedrijfsbeheer;adviesbureaus op het gebied van bedrijfsvoering
Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enz.
Diverse administratieve activiteiten ten behoeve van kantoren
Overige zakelijke dienstverlening,n.e.g.
De deelneming onder gelijk werk vorm aan de oprichting,uitbreiding,omzetting,fusie,opslorping en de controle van ondernemingen van gelijk welke aard en het verlenen aan ondernemingen van leningen,voorschotten of borgstellingen.
Being listed in the Peppol Directory is voluntary, so the company can still receive invoices via Peppol.
Invoicing without a Peppol listing
Try sending from your invoicing software. If that fails, ask the customer whether they already receive via Peppol.
The obligation holds between Belgian VAT-registered businesses. Checked does not know whether this customer is VAT-registered. If it is and is not ready yet, you may send the invoice another way, for example as a PDF. To send it electronically you then need its agreement on a secure channel. The invoice remains valid, and it is then the customer, not you, who risks a penalty. FPS Finance
Follow this company and you will hear the next morning if it appears in the Peppol register.