FACCON
ActiveSummary
FACCON has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €215,982 and a net result of €50,013. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 90% of 9574 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▼-10
Solvency100=
Growth59▲+13
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 8.03 against 46.98 in 2024; short-term debt: 9.9% and cash: 0.5% of total assets), and 9.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.1%
Return on assets
20.9%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
192022232425
2019 to 2025 · latest year €215,982
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
2023
29 d late
2022
28 d late
2020
26 d late
2019
28 d late
2018
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 28 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€82,470▲ 2,634%
2023 · €3,017
EBIT margin
98.8%▲ 2096.4pp
2023 · -1997.6%
Net result
€50,013▼ 38.6%
2024 · €81,422
Working capital
€165,982=
2024 · €165,969
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202022202320242025
Turnover€82,554▼ 14.2%€3,017€82,470▲ 2,634%
Operating result-€43,271-€24,683--€60,262▼ 144%€81,470€50,068▼ 38.5%
Net result-€43,309below the sector's middle half-€24,744below the sector's middle half--€60,320below the sector's middle half▼ 144%€81,422above the sector's middle half€50,013above the sector's middle half▼ 38.6%
EBIT margin-52.4%▼ 54.5pp-1997.6%98.8%▲ 2096.4pp
Equity€170,784above the sector's middle half▼ 20.2%€144,868within the sector's middle half-€84,547within the sector's middle half▼ 41.6%€165,969above the sector's middle half▲ 96.3%€215,982above the sector's middle half▲ 30.1%
Total assets€173,576within the sector's middle half▼ 23.0%€148,171within the sector's middle half-€88,417within the sector's middle half▼ 40.3%€169,579within the sector's middle half▲ 91.8%€239,607within the sector's middle half▲ 41.3%
Debt€2,792▼ 75.4%€3,303-€3,870▲ 17.2%€3,610▼ 6.7%€23,625▲ 554%
Working capital€93,046within the sector's middle half▼ 22.0%€112,449within the sector's middle half-€84,547within the sector's middle half▼ 24.8%€165,969above the sector's middle half▲ 96.3%€165,982above the sector's middle half=
Solvency98.4%above the sector's middle half▲ 3.4pp97.8%above the sector's middle half-95.6%above the sector's middle half▼ 2.1pp97.9%above the sector's middle half▲ 2.2pp90.1%above the sector's middle half▼ 7.7pp
Current ratio34.33above the sector's middle half▲ 22.8135.04above the sector's middle half-22.85above the sector's middle half▼ 12.1946.98above the sector's middle half▲ 24.138.03above the sector's middle half▼ 38.95
Return on assets (ROA)-25.0%below the sector's middle half▼ 25.8pp-16.7%below the sector's middle half--68.2%below the sector's middle half▼ 51.5pp48.0%above the sector's middle half▲ 116.2pp20.9%within the sector's middle half▼ 27.1pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €239,607
Fixed assets
€50,000
Current assets
€189,607
Equity and liabilities €239,607
Equity
€215,982 ▲ 30.1%
Debt
€23,625 ▲ 554%
Debt's share of the balance-sheet total rises from 2.1% to 9.9%. Equity and debt are higher.
Key figures and ratios
Quick ratio
4.81▼
2024 · 32.99
Debt to equity
0.11▲
2024 · 0.02
ROE
23.2%▼
2024 · 49.1%
Debt ≤ 1 year
€23,625▲
2024 · €3,610
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
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 31,371 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €82,554 | - | €3,017 | €82,470 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €23,026 | €1,000 | - | - |
| Remuneration, social security and pensions62 | - | €6,218 | €15,332 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,595 | €31,594 | - | - | - | - |
| Other operating charges640/8 | - | €721 | €7,503 | - | - | - |
| Non-recurring operating charges66A | - | - | €17,418 | - | - | - |
| Gross operating margin9900 | €4,654 | €13,850 | -€20,009 | €81,470 | €50,068 | ▼ 38.5% |
| Operating profit (loss)9901 | -€43,271 | -€24,683 | -€60,262 | €81,470 | €50,068 | ▼ 38.5% |
| Financial charges65/66B | - | €61 | €58 | €48 | €55 | ▲ 14.6% |
| Recurring financial charges65 | €38 | €61 | €58 | €48 | €55 | ▲ 14.6% |
| Profit (loss) for the period before taxes9903 | -€43,309 | -€24,744 | -€60,320 | €81,422 | €50,013 | ▼ 38.6% |
| Profit (loss) for the period9904 | -€43,309 | -€24,744 | -€60,320 | €81,422 | €50,013 | ▼ 38.6% |
| Profit (loss) for the period to be appropriated9905 | -€43,309 | -€24,744 | -€60,320 | €81,422 | €50,013 | ▼ 38.6% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €173,576 | €148,171 | €88,417 | €169,579 | €239,607 | ▲ 41.3% |
| Fixed assets21/28 | €77,738 | €32,418 | - | - | €50,000 | - |
| Intangible fixed assets21 | €63,188 | - | - | - | - | - |
| Financial fixed assets28 | €14,550 | €32,418 | - | - | €50,000 | - |
| Current assets29/58 | €95,838 | €115,753 | €88,417 | €169,579 | €189,607 | ▲ 11.8% |
| Stocks and contracts in progress3 | €83,062 | €50,480 | €50,480 | €50,480 | €75,960 | ▲ 50.5% |
| Stocks30/36 | - | €50,480 | €50,480 | €50,480 | €75,960 | ▲ 50.5% |
| Amounts receivable within one year40/41 | €10,996 | €63,729 | €37,731 | €118,990 | €112,457 | ▼ 5.5% |
| Trade receivables40 | - | €56,126 | €37,731 | €118,990 | €112,457 | ▼ 5.5% |
| Other amounts receivable41 | - | €7,602 | - | - | - | - |
| Cash at bank and in hand54/58 | €1,780 | €710 | €207 | €109 | €1,191 | ▲ 995% |
| Deferred charges and accrued income490/1 | - | €835 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €173,576 | €148,171 | €88,417 | €169,579 | €239,607 | ▲ 41.3% |
| Equity10/15 | €170,784 | €144,868 | €84,547 | €165,969 | €215,982 | ▲ 30.1% |
| Contributions10/11 | €62,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | €61,500 | €61,500 | €61,500 | - | - |
| Issued capital100 | - | €61,500 | €61,500 | €61,500 | - | - |
| Reserves13 | €155,733 | €156,733 | €156,733 | €156,733 | €156,733 | = |
| Non-distributable reserves130/1 | - | €5,086 | €5,086 | €5,086 | €5,086 | = |
| Legal reserve130 | - | €5,086 | €5,086 | €5,086 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €5,086 | - |
| Distributable reserves133 | - | €151,647 | €151,647 | €151,647 | €151,647 | = |
| Profit (loss) carried forward14 | -€47,449 | -€73,365 | -€133,686 | -€52,264 | -€2,251 | ▲ 95.7% |
| Amounts payable17/49 | €2,792 | €3,303 | €3,870 | €3,610 | €23,625 | ▲ 554% |
| Amounts payable within one year42/48 | €2,792 | €3,303 | €3,870 | €3,610 | €23,625 | ▲ 554% |
| Trade debts44 | €1,031 | €1,092 | €689 | €429 | €11,854 | ▲ 2,664% |
| Suppliers440/4 | - | €1,092 | €689 | €429 | €11,854 | ▲ 2,664% |
| Taxes, remuneration and social security45 | - | €2,176 | - | - | €10,834 | - |
| Taxes450/3 | - | €438 | - | - | €10,834 | - |
| Remuneration and social security454/9 | - | €1,738 | - | - | - | - |
| Other amounts payable47/48 | - | €34 | €3,181 | €3,181 | €938 | ▼ 70.5% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€43,309 | -€24,744 | -€60,320 | €81,422 | €50,013 | ▼ 38.6% |
| + Depreciation and write-downs630 | €31,595 | €31,594 | - | - | - | - |
| Operating cash flow (approximation) | -€11,714 | €6,850 | -€60,320 | €81,422 | €50,013 | ▼ 38.6% |
| Change in cash | - | - | -€503 | -€98 | €1,082 | ▲ 1,201% |
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
Next filing, fiscal year 2026, expected by
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
30-06
Financial
Equity above €200,000Eq €215,982 ▲30.1%
2 profitable years in a row build equity to €215,982.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-06
Financial
Back to profitnet €81,422
Net result €81,422 after 3 loss-making years.
30-06
Financial
Liquidity doublescurrent ratio 46.98
Current ratio from 22.85 to 46.98; short-term debt falls from €3,870 to €3,610.
30-06
Financial
Equity above €150,000Eq €165,969 ▲96.3%
Equity rises from €84,547 to €165,969.
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-06
Financial
Weakest financial yearnet -€60,320
Net result drops to -€60,320, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
30-06
Financial
Liquidity triplescurrent ratio 34.33
Current ratio from 11.52 to 34.33; short-term debt falls from €11,340 to €2,792.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Show earlier events
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
15-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 15 days late
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
29-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Edegem · 1 establishment unit since 1992
Ground area
2,763 m²
Building footprint
893 m²
Volume, LiDAR
8,768 m³
Parcel 11472B0080/00G010, Flanders · tallest building 29.1 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Mechelsesteenweg 432, 2650 Edegem
since 19922.058.704.739
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472B0080/00G010 | Flanders | 2,763 m² | 1 · 892 m² | 29.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,573 companies in sector 71121 we hold annual accounts for 6,570. 5,063 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-08-1992
Fiscal year end30-06
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0448010732
Also
9925:BE0448010732
Registered
25-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.