FACE2FACE
ActiveSummary
FACE2FACE has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €414,030 and a net result of €109,178. Equity has been growing by about 44% per year since 2018. Its solvency ranks better than 76% of 8,584 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 04-10-2010 Normal situation
- Activity
- Public relations and communication consultancy NACE 73300and 2 others
- Establishment unit
- 2.192.975.109 8400 Oostende, since 29-10-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €150,080
- ▲ 4.9%
- Turnover
- ≈ €280,000
- estimated
- Profit
- €109,178
- ▲ 2.9%
- Equity
- €414,030
- ▲ 10.6%
- Total assets
- €526,099
- ▲ 30.6%
Score breakdownlowers riskLiquidity: current ratio 4.53, cash €83,408Equity €414,030 (78.7% of total assets)Founded in 2010Figures for financial year 2025 (filed on 03-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 87% of them on solvency, 56% on liquidity, 72% on profitability and 61% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 03-07-2026 at the NBB all 15 filings
Every figure per financial year
The operating result for 2025 is 4% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €38,566 |
| Depreciation and write-downs of the year | - | - | - | - | €1,351 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | - | - | - | €1,351 | - |
| Other operating charges640/8 | - | - | - | €459 | €460 | €549 | €513 | €545 | ▲ 6.1% |
| Gross operating margin9900 | €45,978 | €53,276 | €96,735 | €55,949 | €86,677 | €137,657 | €143,015 | €150,080 | ▲ 4.9% |
| Operating profit (loss)9901 | €45,526 | €52,784 | €96,278 | €55,491 | €86,217 | €137,108 | €142,502 | €148,185 | ▲ 4.0% |
| Financial income75/76B | - | - | - | €5 | €0 | €1,455 | €8,047 | €6,974 | ▼ 13.3% |
| Recurring financial income75 | - | - | €2 | €5 | €0 | €1,455 | €8,047 | €6,974 | ▼ 13.3% |
| Financial charges65/66B | - | - | - | €88 | €177 | €104 | €106 | €123 | ▲ 16.8% |
| Recurring financial charges65 | €1,183 | €17 | €48 | €88 | €177 | €104 | €106 | €123 | ▲ 16.8% |
| Profit (loss) for the period before taxes9903 | €44,343 | €52,767 | €96,232 | €55,407 | €86,041 | €138,458 | €150,444 | €155,035 | ▲ 3.1% |
| Income taxes67/77 | - | €6,325 | €26,849 | €15,855 | €24,326 | €41,054 | €44,363 | €45,857 | ▲ 3.4% |
| Profit (loss) for the period9904 | €44,343 | €46,442 | €69,383 | €39,553 | €61,715 | €97,404 | €106,081 | €109,178 | ▲ 2.9% |
| Profit (loss) for the period to be appropriated9905 | €44,343 | €46,442 | €69,383 | €39,553 | €61,715 | €97,404 | €106,081 | €109,178 | ▲ 2.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €20,232 | €62,248 | €100,750 | €141,101 | €215,164 | €308,830 | €402,730 | €526,099 | ▲ 30.6% |
| Fixed assets21/28 | - | - | - | - | - | - | - | €37,215 | - |
| Tangible fixed assets22/27 | - | - | - | - | - | - | - | €37,215 | - |
| Furniture and vehicles24 | - | - | - | - | - | - | - | €37,215 | - |
| Current assets29/58 | €20,232 | €62,248 | €100,750 | €141,101 | €215,164 | €308,830 | €402,730 | €488,884 | ▲ 21.4% |
| Amounts receivable within one year40/41 | €3,701 | €16,389 | €4,046 | €17,926 | €30,250 | €35,983 | €29,260 | €2,965 | ▼ 89.9% |
| Trade receivables40 | - | - | - | €16,638 | €30,250 | €32,750 | €23,676 | €2,965 | ▼ 87.5% |
| Other amounts receivable41 | - | - | - | €1,289 | €0 | €3,233 | €5,585 | €0 | ▼ 100% |
| Current investments50/53 | - | - | - | - | - | €250,000 | €300,000 | €400,000 | ▲ 33.3% |
| Cash at bank and in hand54/58 | €16,531 | €45,858 | €96,406 | €122,874 | €184,591 | €21,482 | €70,072 | €83,408 | ▲ 19.0% |
| Deferred charges and accrued income490/1 | - | - | - | €300 | €323 | €1,365 | €3,397 | €2,512 | ▼ 26.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €20,232 | €62,248 | €100,750 | €141,101 | €215,164 | €308,830 | €402,730 | €526,099 | ▲ 30.6% |
| Equity10/15 | €12,122 | €28,565 | €97,947 | €137,500 | €199,215 | €276,259 | €374,235 | €414,030 | ▲ 10.6% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €100 | €100 | €100 | = |
| Reserves13 | €1,860 | €9,965 | €79,347 | €118,900 | €180,615 | €276,159 | €374,135 | €413,930 | ▲ 10.6% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €117,040 | €178,755 | €276,159 | €374,135 | €413,930 | ▲ 10.6% |
| Profit (loss) carried forward14 | -€8,338 | - | - | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €8,110 | €33,683 | €2,802 | €3,601 | €15,949 | €32,571 | €28,494 | €112,068 | ▲ 293% |
| Amounts payable within one year42/48 | €7,256 | €33,683 | €2,802 | €3,601 | €15,949 | €32,571 | €27,476 | €107,971 | ▲ 293% |
| Trade debts44 | €240 | €47 | €783 | - | €1,249 | €4,865 | €6,715 | €1,097 | ▼ 83.7% |
| Suppliers440/4 | - | - | - | - | €1,249 | €4,865 | €6,715 | €1,097 | ▼ 83.7% |
| Taxes, remuneration and social security45 | - | - | - | €3,355 | €14,174 | €7,062 | €11,959 | €33,085 | ▲ 177% |
| Taxes450/3 | - | - | - | €3,355 | €14,174 | €7,062 | €11,959 | €33,085 | ▲ 177% |
| Other amounts payable47/48 | - | - | - | €246 | €526 | €20,645 | €8,803 | €73,789 | ▲ 738% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €1,018 | €4,097 | ▲ 302% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,343 | €46,442 | €69,383 | €39,553 | €61,715 | €97,404 | €106,081 | €109,178 | ▲ 2.9% |
| + Depreciation and write-downs630 | - | - | - | - | - | - | - | €1,351 | - |
| Operating cash flow (approximation) | €44,343 | €46,442 | €69,383 | €39,553 | €61,715 | €97,404 | €106,081 | €110,529 | ▲ 4.2% |
| Change in cash | - | €29,327 | €50,548 | €26,467 | €61,717 | -€163,109 | €48,591 | €13,335 | ▼ 72.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,811 companies had the same profile as FACE2FACE has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of FACE2FACE itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 17,811 companies, not a prediction for FACE2FACE. 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.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-07-2026 | 2026-00246930 | |
| 31-12-2024 | micro format | 23-06-2025 | 2025-00162792 | |
| 31-12-2023 | micro format | 25-06-2024 | 2024-00157626 | |
| 31-12-2022 | micro format | 25-07-2023 | 2023-00265532 | |
| 31-12-2021 | micro format | 06-07-2022 | 2022-20149041 | |
| 31-12-2020 | micro format | 15-06-2021 | 2021-19600592 | |
| 31-12-2019 | micro format | 19-06-2020 | 2020-18000501 | |
| 31-12-2018 | micro format | 18-06-2019 | 2019-19000065 | |
| 31-12-2017 | micro format | 12-07-2018 | 2018-32000239 | |
| 31-10-2016 | abbreviated format | 07-04-2017 | 2017-09100435 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 03-01-2024 Converted to unavailable equity · €20,460
- 03-01-2024 Converted to available equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Jurgen VANPRAET |
|
| Van Eysendeyk Kelly |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, eerstvolgende algemene vergadering moet mandaat bevestigen”
Articles of association, deed of 03-01-2024 (in Dutch)
Network & group
FACE2FACE shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of FACE2FACE. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
06-03
Gazette deed
Resignation: Van Eysendeyk Kelly (director)Director discharge3 points ▸
- General meeting, 30-12-2025
- Director resignation, Van Eysendeyk Kelly (director)
- Director discharge, Van Eysendeyk Kelly
03-01
Gazette deed
Changes of role: Jurgen VANPRAET (director) and Kelly VAN EYSENDEYK (director)Legal-form conversion · Capital conversion · Amendment of the articles17 points ▸
- General meeting, 18-12-2023
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “volstorting kapitaal, eigen vermogensrekening niet-opgevraagde inbrengen” (deed in Dutch)
- Capital conversion, “beschikbare eigen vermogensrekeningen” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Director resignation, Jurgen VANPRAET (manager)
- Director appointment, Jurgen VANPRAET (director (not named in the articles))
- Director resignation, Kelly VAN EYSENDEYK (manager)
- Director appointment, Kelly VAN EYSENDEYK (director (not named in the articles))
- Other provision, “bestuursverbod en bezwarende maatregelen, geen strafrechtelijk of burgerrechtelijk bestuursverbod om onderneming uit te baten of functie van bestuurder,commissa…” (deed in Dutch), mentioned 2 times in the deed
- Director discharge, Jurgen VANPRAET
- The act holds 5 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 35026B0348/00N000 | Flanders | 540 m² | 1 · 172 m² | 6.0 m · 1 |