FACADE-NETTE
ActiveSummary
FACADE-NETTE has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€3,231) and a net result of -€23,152. Equity is shrinking by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 6% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-78
Solvency4▼-88
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.82 against 3.0 in 2023; short-term debt: 121.2% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-21.2%
Return on assets
-152%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€3,231
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
20 d late
2022
18 d late
2021
24 d late
2020
26 d late
2019
52 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#4 oldest company in Lessines, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€23,152
2023 · €4,802
Working capital
-€3,231
2023 · €19,921
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€1,859▼ 69.8%€3,131▲ 68.4%-€13,808€3,746-€23,592
Net result€449below the sector's middle half▼ 91.9%€2,889within the sector's middle half▲ 544%-€12,280below the sector's middle half€4,802within the sector's middle half-€23,152below the sector's middle half
Equity€24,509within the sector's middle half▲ 1.9%€27,399within the sector's middle half▲ 11.8%€15,119below the sector's middle half▼ 44.8%€19,921below the sector's middle half▲ 31.8%-€3,231below the sector's middle half
Total assets€41,119below the sector's middle half▲ 12.8%€38,271below the sector's middle half▼ 6.9%€35,426below the sector's middle half▼ 7.4%€29,885below the sector's middle half▼ 15.6%€15,230below the sector's middle half▼ 49.0%
Debt€16,610▲ 34.1%€10,872▼ 34.5%€20,307▲ 86.8%€9,964▼ 50.9%€18,461▲ 85.3%
Working capital€24,509within the sector's middle half▲ 1.9%€27,399within the sector's middle half▲ 11.8%€15,119within the sector's middle half▼ 44.8%€19,921within the sector's middle half▲ 31.8%-€3,231below the sector's middle half
Solvency59.6%within the sector's middle half▼ 6.4pp71.6%above the sector's middle half▲ 12.0pp42.7%within the sector's middle half▼ 28.9pp66.7%within the sector's middle half▲ 24.0pp-21.2%below the sector's middle half▼ 87.9pp
Current ratio2.48within the sector's middle half▼ 0.473.52above the sector's middle half▲ 1.041.74within the sector's middle half▼ 1.783.00within the sector's middle half▲ 1.250.82below the sector's middle half▼ 2.17
Return on assets (ROA)1.1%within the sector's middle half▼ 14.2pp7.5%within the sector's middle half▲ 6.5pp-34.7%below the sector's middle half▼ 42.2pp16.1%within the sector's middle half▲ 50.7pp-152.0%below the sector's middle half▼ 168.1pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €23,592 after €3,746 in 2023, the lowest result in the available series.
Key figures and ratios
Debt to equity
-5.71▼
2023 · 0.50
Debt ≤ 1 year
€18,461▲
2023 · €9,964
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.5%
went bankrupt
10.0%
stopped otherwise
84%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,621 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,945 | €178 | €362 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €1,740 | - | - | - |
| Other operating charges640/8 | - | €1,255 | €867 | €958 | €449 | ▼ 53.2% |
| Non-recurring operating charges66A | - | €376 | €628 | - | €12 | - |
| Gross operating margin9900 | €11,669 | €4,762 | -€10,573 | €4,704 | -€23,131 | ▼ 592% |
| Operating profit (loss)9901 | €1,859 | €3,131 | -€13,808 | €3,746 | -€23,592 | ▼ 730% |
| Financial income75/76B | - | €2,005 | €2,335 | €1,720 | €904 | ▼ 47.4% |
| Recurring financial income75 | - | €2,005 | €2,335 | €1,720 | €904 | ▼ 47.4% |
| Financial charges65/66B | - | €512 | €807 | €663 | €465 | ▼ 29.9% |
| Recurring financial charges65 | €614 | €512 | €807 | €663 | €465 | ▼ 29.9% |
| Profit (loss) for the period before taxes9903 | €1,245 | €4,625 | -€12,280 | €4,802 | -€23,152 | ▼ 582% |
| Income taxes67/77 | €796 | €1,735 | - | - | - | - |
| Profit (loss) for the period9904 | €449 | €2,889 | -€12,280 | €4,802 | -€23,152 | ▼ 582% |
| Profit (loss) for the period to be appropriated9905 | €449 | €2,889 | -€12,280 | €4,802 | -€23,152 | ▼ 582% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €41,119 | €38,271 | €35,426 | €29,885 | €15,230 | ▼ 49.0% |
| Current assets29/58 | €41,119 | €38,271 | €35,426 | €29,885 | €15,230 | ▼ 49.0% |
| Amounts receivable within one year40/41 | €41,083 | €37,861 | €34,998 | €25,614 | €15,230 | ▼ 40.5% |
| Trade receivables40 | - | €3,958 | €1,940 | €4,024 | €6,624 | ▲ 64.6% |
| Other amounts receivable41 | - | €33,904 | €33,058 | €21,590 | €8,606 | ▼ 60.1% |
| Cash at bank and in hand54/58 | - | - | - | €3,052 | - | - |
| Deferred charges and accrued income490/1 | - | €410 | €428 | €1,219 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €41,119 | €38,271 | €35,426 | €29,885 | €15,230 | ▼ 49.0% |
| Equity10/15 | €24,509 | €27,399 | €15,119 | €19,921 | -€3,231 | ▼ 116% |
| Contributions10/11 | - | €28,508 | €28,508 | €28,508 | €28,508 | = |
| Reserves13 | €1,092 | €1,092 | €1,092 | €1,092 | €1,092 | = |
| Non-distributable reserves130/1 | - | €1,092 | €1,092 | €1,092 | €1,092 | = |
| Reserves not available under the articles1311 | - | €1,092 | €1,092 | €1,092 | €1,092 | = |
| Profit (loss) carried forward14 | -€5,090 | -€2,201 | -€14,481 | -€9,679 | -€32,831 | ▼ 239% |
| Amounts payable17/49 | €16,610 | €10,872 | €20,307 | €9,964 | €18,461 | ▲ 85.3% |
| Amounts payable within one year42/48 | €16,610 | €10,872 | €20,307 | €9,964 | €18,461 | ▲ 85.3% |
| Financial debts43 | - | €2,143 | €4,885 | - | €3,623 | - |
| Credit institutions430/8 | - | €2,143 | €4,885 | - | €3,623 | - |
| Trade debts44 | €13,429 | €6,272 | €4,437 | €4,777 | €6,668 | ▲ 39.6% |
| Suppliers440/4 | - | €6,272 | €4,437 | €4,777 | €6,668 | ▲ 39.6% |
| Taxes, remuneration and social security45 | - | €2,457 | €10,985 | €5,187 | €8,170 | ▲ 57.5% |
| Taxes450/3 | - | €2,257 | €1,785 | €2,187 | €5,170 | ▲ 136% |
| Remuneration and social security454/9 | - | €200 | €9,200 | €3,000 | €3,000 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €449 | €2,889 | -€12,280 | €4,802 | -€23,152 | ▼ 582% |
| Operating cash flow (approximation) | €449 | €2,889 | -€12,280 | €4,802 | -€23,152 | ▼ 582% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€23,152
Net result drops to -€23,152, the lowest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Back to profitnet €4,802
Net result €4,802 after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 52 days late
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Lessines · 1 establishment unit since 1988
Ground area
1,315 m²
Building footprint
183 m²
Volume, LiDAR
1,218 m³
2 parcels, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FACADE-NETTE
since 19882.035.613.789
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55023A0133/00B003 | Wallonia | 1,097 m² | 1 · 122 m² | 9.0 m · 2 fl. |
| 55007C0017/00X004 | Wallonia | 218 m² | 1 · 60 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,298 companies in sector 43350 we hold annual accounts for 2,364. 1,764 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded31-01-1988
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
43211General electrical installation work
43341Painting of buildings
43990Other specialised construction activities
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0433403918
Also
9925:BE0433403918
Registered
26-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.