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FACCON

Active
Public limited companyfounded 1992active for 34 yearsMechelsesteenweg 432, 2650 Edegem, BelgiumKBO/BCE: BE 0448.010.732
Summary

FACCON has been active since 1992 and the Belgian Official 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 financial years (±0.7% per year). Its solvency ranks better than 91% of 11,675 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (27 days) Filed on 27 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00045170.

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

2020 to 2025, 5 financial years 2019 to 2025, 6 financial years

The operating result falls in 2025; 2025 is 39% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€82,470 2024 Operating result€50,068 2025 Net result€50,013 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line201920202022202320242025
Turnover€96,204-€82,554▼ 14.2%€3,017€82,470▲ 2,634%
Operating result€2,026--€43,271-€24,683--€60,262▼ 144%€81,470€50,068▼ 38.5%
Net result€1,988--€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 margin2.1%--52.4%▼ 54.5pp-1997.6%98.8%▲ 2096.4pp
Equity€214,093-€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€225,433-€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€11,340-€2,792▼ 75.4%€3,303-€3,870▲ 17.2%€3,610▼ 6.7%€23,625▲ 554%
Working capital€119,260-€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=
Solvency95.0%-98.4%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 ratio11.52-34.33above 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)0.9%--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 of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
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
2025 value · change against 2024
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 observation

Of the 31,372 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% 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
93.5% 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 0.3% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 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 74.5% 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 31,372 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€169,579€239,607▲
Fixed assets21/28-€50,000
Financial fixed assets28-€50,000
Current assets29/58€169,579€189,607▲
Stocks and contracts in progress3€50,480€75,960▲
Stocks30/36€50,480€75,960▲
Amounts receivable within one year40/41€118,990€112,457▼
Trade receivables40€118,990€112,457▼
Cash at bank and in hand54/58€109€1,191▲
Equity and liabilities
Total equity and liabilities10/49€169,579€239,607▲
Equity10/15€165,969€215,982▲
Contributions10/11€61,500€61,500=
Capital10€61,500-
Issued capital100€61,500-
Reserves13€156,733€156,733=
Non-distributable reserves130/1€5,086€5,086=
Legal reserve130€5,086-
Reserves not available under the articles1311-€5,086
Distributable reserves133€151,647€151,647=
Profit (loss) carried forward14-€52,264-€2,251▲
Amounts payable17/49€3,610€23,625▲
Amounts payable within one year42/48€3,610€23,625▲
Trade debts44€429€11,854▲
Suppliers440/4€429€11,854▲
Taxes, remuneration and social security45-€10,834
Taxes450/3-€10,834
Other amounts payable47/48€3,181€938▼
Income statement Code20242025
Turnover70€82,470-
Goods, raw materials, services and sundry goods60/61€1,000-
Gross operating margin9900€81,470€50,068▼
Operating profit (loss)9901€81,470€50,068▼
Financial charges65/66B€48€55▲
Recurring financial charges65€48€55▲
Profit (loss) for the period before taxes9903€81,422€50,013▼
Profit (loss) for the period9904€81,422€50,013▼
Profit (loss) for the period to be appropriated9905€81,422€50,013▼
Appropriation of the result
Profit (loss) to be appropriated9906-€52,264-€2,251▲
Profit (loss) brought forward from the previous period14P-€133,686-€52,264▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202022202320242025Change
Turnover70€96,204€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€31,594€31,595€31,594----
Other operating charges640/8--€721€7,503---
Non-recurring operating charges66A---€17,418---
Gross operating margin9900€66,729€4,654€13,850-€20,009€81,470€50,068▼ 38.5%
Operating profit (loss)9901€2,026-€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€38€61€58€48€55▲ 14.6%
Profit (loss) for the period before taxes9903€1,988-€43,309-€24,744-€60,320€81,422€50,013▼ 38.6%
Profit (loss) for the period9904€1,988-€43,309-€24,744-€60,320€81,422€50,013▼ 38.6%
Profit (loss) for the period to be appropriated9905€1,988-€43,309-€24,744-€60,320€81,422€50,013▼ 38.6%
Line201920202022202320242025Change
Assets
Total assets20/58€225,433€173,576€148,171€88,417€169,579€239,607▲ 41.3%
Fixed assets21/28€94,833€77,738€32,418--€50,000-
Intangible fixed assets21€94,783€63,188-----
Financial fixed assets28€50€14,550€32,418--€50,000-
Current assets29/58€130,600€95,838€115,753€88,417€169,579€189,607▲ 11.8%
Stocks and contracts in progress3€83,062€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€43,420€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€4,118€1,780€710€207€109€1,191▲ 995%
Deferred charges and accrued income490/1--€835----
Equity and liabilities
Total equity and liabilities10/49€225,433€173,576€148,171€88,417€169,579€239,607▲ 41.3%
Equity10/15€214,093€170,784€144,868€84,547€165,969€215,982▲ 30.1%
Contributions10/11€62,500€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€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-€4,140-€47,449-€73,365-€133,686-€52,264-€2,251▲ 95.7%
Amounts payable17/49€11,340€2,792€3,303€3,870€3,610€23,625▲ 554%
Amounts payable within one year42/48€11,340€2,792€3,303€3,870€3,610€23,625▲ 554%
Trade debts44€5,568€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%
Line201920202022202320242025Change
Profit (loss) for the period9904€1,988-€43,309-€24,744-€60,320€81,422€50,013▼ 38.6%
+ Depreciation and write-downs630€31,594€31,595€31,594----
Operating cash flow (approximation)€33,582-€11,714€6,850-€60,320€81,422€50,013▼ 38.6%
Investment in fixed assets (approximation)--€14,500-----
Change in cash--€2,338--€503-€98€1,082-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 28 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 micro format 27-02-2026 2026-00045170
30-06-2024 micro format 28-02-2025 2025-00042092
30-06-2023 micro format 29-02-2024 2024-00039364
30-06-2022 micro format 28-02-2023 2023-00034003
30-06-2020 micro format 26-02-2021 2021-06700137
30-06-2019 micro format 28-02-2020 2020-05900443
30-06-2018 micro format 28-02-2019 2019-06000442
30-06-2017 micro format 15-02-2018 2018-05000443
30-06-2016 abbreviated format 28-02-2017 2017-05400422
30-06-2015 abbreviated format 29-02-2016 2016-05400375

Show all 28 filings

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Of the 11,514 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,713. 5,175 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.