Facet
ActiveSummary
Facet has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €50,303 and a net result of €41,140. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability96▼-4
Solvency52▼-48
Growth78=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.04 against 5.35 in 2023; short-term debt: 73.4% and cash: 22.9% of total assets), and 73.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
26.6%
Return on assets
21.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 37969 sector peers (2024).
NBB · sector comparisonPosition among 37969 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
11 d late
2023
50 d early
2022
60 d late
2021
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€50,303▼ 61.4%
2023 · €130,215
Total assets
€189,294▲ 25.8%
2023 · €150,430
Net result
€41,140▼ 17.6%
2023 · €49,907
Working capital
€6,090▼ 93.1%
2023 · €87,841
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line2021202220232024
Operating result€51,023-€50,114▼ 1.8%€66,726▲ 33.1%€69,323▲ 3.9%
Net result€40,647within the sector's middle half-€38,293within the sector's middle half▼ 5.8%€49,907within the sector's middle half▲ 30.3%€41,140within the sector's middle half▼ 17.6%
Equity€42,847within the sector's middle half-€81,141within the sector's middle half▲ 89.4%€130,215within the sector's middle half▲ 60.5%€50,303within the sector's middle half▼ 61.4%
Total assets€110,413within the sector's middle half-€103,596within the sector's middle half▼ 6.2%€150,430within the sector's middle half▲ 45.2%€189,294within the sector's middle half▲ 25.8%
Debt€67,566-€22,455▼ 66.8%€20,215▼ 10.0%€138,992▲ 588%
Working capital€42,847within the sector's middle half-€38,702within the sector's middle half▼ 9.7%€87,841within the sector's middle half▲ 127%€6,090within the sector's middle half▼ 93.1%
Solvency38.8%within the sector's middle half-78.3%above the sector's middle half▲ 39.5pp86.6%above the sector's middle half▲ 8.2pp26.6%below the sector's middle half▼ 60.0pp
Current ratio1.63within the sector's middle half-2.72within the sector's middle half▲ 1.095.35above the sector's middle half▲ 2.621.04below the sector's middle half▼ 4.30
Return on assets (ROA)36.8%above the sector's middle half-37.0%above the sector's middle half▲ 0.2pp33.2%above the sector's middle half▼ 3.8pp21.7%within the sector's middle half▼ 11.4pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 4% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €189,294
Fixed assets
€44,212 ▲ 4.3%
Current assets
€145,082 ▲ 34.3%
Equity and liabilities €189,294
Equity
€50,303 ▼ 61.4%
Debt
€138,992 ▲ 588%
Debt's share of the balance-sheet total rises from 13.4% to 73.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€69,558▲
2023 · €66,791
Cash flow
€41,376▼
2023 · €49,972
Debt to equity
2.76▲
2023 · 0.16
ROE
81.8%▲
2023 · 38.3%
Interest coverage
607.82▲
2023 · 111.61
Debt ≤ 1 year
€138,992▲
2023 · €20,215
Income taxes
€30,792▲
2023 · €17,407
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,706 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 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €33 | €65 | €236 | ▲ 262% |
| Other operating charges640/8 | - | €102 | €109 | - | - |
| Gross operating margin9900 | €51,023 | €50,249 | €66,900 | €69,558 | ▲ 4.0% |
| Operating profit (loss)9901 | €51,023 | €50,114 | €66,726 | €69,323 | ▲ 3.9% |
| Financial income75/76B | €155 | - | €1,187 | €2,723 | ▲ 130% |
| Recurring financial income75 | €155 | - | €1,187 | €2,723 | ▲ 130% |
| Financial charges65/66B | €5 | €105 | €598 | €114 | ▼ 80.9% |
| Recurring financial charges65 | €5 | €105 | €598 | €114 | ▼ 80.9% |
| Profit (loss) for the period before taxes9903 | €51,172 | €50,009 | €67,314 | €71,932 | ▲ 6.9% |
| Income taxes67/77 | €10,525 | €11,716 | €17,407 | €30,792 | ▲ 76.9% |
| Profit (loss) for the period9904 | €40,647 | €38,293 | €49,907 | €41,140 | ▼ 17.6% |
| Profit (loss) for the period to be appropriated9905 | €40,647 | €38,293 | €49,907 | €41,140 | ▼ 17.6% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €110,413 | €103,596 | €150,430 | €189,294 | ▲ 25.8% |
| Fixed assets21/28 | - | €42,439 | €42,373 | €44,212 | ▲ 4.3% |
| Tangible fixed assets22/27 | - | €619 | €553 | €2,392 | ▲ 332% |
| Plant, machinery and equipment23 | - | €619 | €553 | €488 | ▼ 11.8% |
| Furniture and vehicles24 | - | - | - | €1,904 | - |
| Financial fixed assets28 | - | €41,820 | €41,820 | €41,820 | = |
| Current assets29/58 | €110,413 | €61,157 | €108,056 | €145,082 | ▲ 34.3% |
| Amounts receivable after more than one year29 | - | - | €42,000 | €85,895 | ▲ 105% |
| Other amounts receivable291 | - | - | €42,000 | €85,895 | ▲ 105% |
| Amounts receivable within one year40/41 | €85,714 | €9,162 | €51,162 | €10,833 | ▼ 78.8% |
| Trade receivables40 | €74,100 | €1,090 | €33,297 | €70 | ▼ 99.8% |
| Other amounts receivable41 | €11,614 | €8,072 | €17,864 | €10,763 | ▼ 39.8% |
| Current investments50/53 | - | €4,961 | €4,961 | €4,961 | = |
| Cash at bank and in hand54/58 | €23,922 | €45,944 | €8,783 | €43,357 | ▲ 394% |
| Deferred charges and accrued income490/1 | €778 | €1,090 | €1,151 | €36 | ▼ 96.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €110,413 | €103,596 | €150,430 | €189,294 | ▲ 25.8% |
| Equity10/15 | €42,847 | €81,141 | €130,215 | €50,303 | ▼ 61.4% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €39,847 | €78,141 | €127,215 | €47,303 | ▼ 62.8% |
| Amounts payable17/49 | €67,566 | €22,455 | €20,215 | €138,992 | ▲ 588% |
| Amounts payable within one year42/48 | €67,566 | €22,455 | €20,215 | €138,992 | ▲ 588% |
| Trade debts44 | €10,213 | €7,974 | €13,411 | €8,805 | ▼ 34.3% |
| Suppliers440/4 | €10,213 | €7,974 | €13,411 | €8,805 | ▼ 34.3% |
| Advances received on contracts in progress46 | €46,028 | - | - | - | - |
| Taxes, remuneration and social security45 | €10,525 | €10,525 | - | €1,050 | - |
| Taxes450/3 | €10,525 | €10,525 | - | €1,050 | - |
| Other amounts payable47/48 | €800 | €3,956 | €6,804 | €129,137 | ▲ 1,798% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,647 | €38,293 | €49,907 | €41,140 | ▼ 17.6% |
| + Depreciation and write-downs630 | - | €33 | €65 | €236 | ▲ 262% |
| Operating cash flow (approximation) | €40,647 | €38,326 | €49,972 | €41,376 | ▼ 17.2% |
| Investment in fixed assets (approximation) | - | - | €0 | -€2,075 | - |
| Change in cash | - | €22,023 | -€37,161 | €34,574 | ▲ 193% |
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
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €49,907 ▲30.3%
Net result €49,907, the highest in the series.
31-12
Financial
Equity above €100,000Eq €130,215 ▲60.5%
3 profitable years in a row build equity to €130,215.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €38,293 ▼5.8%
Net result drops to €38,293, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Ukkel · 1 establishment unit since 2022
Ground area
1.3 ha
Building footprint
2,303 m²
Volume, LiDAR
42,537 m³
Parcel 21612C0286/00K016, Brussels · tallest building 23.5 m, ±6 floors. Linked by address, not a title deed.
19
companies at this address
See who is registered here
1 establishment unit
Waterloosesteenweg 965, 1180 Ukkel
since 20222.336.751.279
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0286/00K016 | Brussels | 1.3 ha | 1 · 2,303 m² | 23.5 m · 6 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 82,646 companies in sector 70200 we hold annual accounts for 52,627. 38,098 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0769436761
Also
9925:BE0769436761
Registered
14-01-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.