FACEVALUE
ActiveSummary
FACEVALUE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224,234 and a net result of €51,039. Equity remains stable across the filed fiscal years (±0.2% per year). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+39
Solvency69▲+14
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 3.39 against 4.19 in 2024; short-term debt: 7.3% and cash: 4.7% of total assets), but 55.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
44.4%
Return on assets
10.1%
Age of the figures
9 mo
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 · 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
1819202122232425
2018 to 2025 · latest year €224,234
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
31 d early
2023
7 d early
2022
on the day
2021
30 d early
2020
17 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 2 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€18,340▼ 26.6%
2018 · €24,973
EBIT margin
187.8%▲ 176.2pp
2018 · 11.6%
Net result
€51,039▼ 37.4%
2024 · €81,549
Working capital
€88,377▼ 7.5%
2024 · €95,555
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result-€21,813-€11,604▲ 46.8%-€66,136▼ 470%-€2,299▲ 96.5%€82,858
Net result-€14,705▲ 33.9%-€20,321▼ 38.2%-€49,526▼ 144%€81,549€51,039▼ 37.4%
EBIT margin
Equity€161,493▼ 8.3%€141,172▼ 12.6%€91,646▼ 35.1%€173,195▲ 89.0%€224,234▲ 29.5%
Total assets€486,473▲ 23.5%€550,837▲ 13.2%€634,608▲ 15.2%€575,421▼ 9.3%€505,553▼ 12.1%
Debt€324,979▲ 49.2%€409,665▲ 26.1%€542,962▲ 32.5%€402,226▼ 25.9%€281,319▼ 30.1%
Working capital€99,750▼ 40.8%€80,862▼ 18.9%-€50,711€95,555€88,377▼ 7.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €82,858 after a loss of €2,299 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €505,553
Fixed assets
€380,173 ▼ 15.5%
Current assets
€125,380 ▼ 0.1%
Equity and liabilities €505,553
Equity
€224,234 ▲ 29.5%
Debt
€281,319 ▼ 30.1%
Debt's share of the balance-sheet total falls from 69.9% to 55.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€90,762▲
2024 · €12,298
Cash flow
€58,943▼
2024 · €96,145
Current ratio
3.39▼
2024 · 4.19
Debt to equity
1.25▼
2024 · 2.32
ROE
22.8%▼
2024 · 47.1%
ROA
10.1%▼
2024 · 14.2%
Interest coverage
6.54▲
2024 · 0.65
Debt ≤ 1 year
€37,003▲
2024 · €29,941
Debt > 1 year
€244,316▼
2024 · €366,948
Income taxes
€21,653▲
2024 · €4,100
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.9% 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 497,058 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% | 1.6% |
| 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 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 17,792 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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €116,152 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,626 | €13,427 | €11,726 | €14,597 | €7,904 | ▼ 45.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €50 | - | - | - | - |
| Other operating charges640/8 | €3,837 | €2,321 | €43,201 | €4,368 | €8,950 | ▲ 105% |
| Gross operating margin9900 | -€4,349 | €4,194 | -€11,209 | €16,666 | €99,712 | ▲ 498% |
| Operating profit (loss)9901 | -€21,813 | -€11,604 | -€66,136 | -€2,299 | €82,858 | ▲ 3,705% |
| Financial income75/76B | €16,170 | €972 | €30,998 | €106,876 | €3,710 | ▼ 96.5% |
| Recurring financial income75 | €16,170 | €972 | €12,068 | €14,000 | €3,710 | ▼ 73.5% |
| Non-recurring financial income76B | - | - | €18,930 | €92,876 | - | - |
| Financial charges65/66B | €9,054 | €9,689 | €14,389 | €18,929 | €13,876 | ▼ 26.7% |
| Recurring financial charges65 | €9,054 | €9,689 | €14,389 | €18,929 | €13,876 | ▼ 26.7% |
| Profit (loss) for the period before taxes9903 | -€14,697 | -€20,321 | -€49,526 | €85,649 | €72,692 | ▼ 15.1% |
| Income taxes67/77 | €8 | - | - | €4,100 | €21,653 | ▲ 428% |
| Profit (loss) for the period9904 | -€14,705 | -€20,321 | -€49,526 | €81,549 | €51,039 | ▼ 37.4% |
| Profit (loss) for the period to be appropriated9905 | -€14,705 | -€20,321 | -€49,526 | €81,549 | €51,039 | ▼ 37.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €486,473 | €550,837 | €634,608 | €575,421 | €505,553 | ▼ 12.1% |
| Fixed assets21/28 | €360,149 | €348,630 | €465,581 | €449,924 | €380,173 | ▼ 15.5% |
| Tangible fixed assets22/27 | €354,569 | €343,050 | €460,001 | €444,344 | €374,593 | ▼ 15.7% |
| Land and buildings22 | €354,569 | €341,373 | €458,961 | €443,940 | €374,593 | ▼ 15.6% |
| Furniture and vehicles24 | - | €1,676 | €1,040 | €404 | - | - |
| Financial fixed assets28 | €5,580 | €5,580 | €5,580 | €5,580 | €5,580 | = |
| Current assets29/58 | €126,324 | €202,207 | €169,027 | €125,497 | €125,380 | ▼ 0.1% |
| Amounts receivable after more than one year29 | - | - | - | €100,000 | €100,000 | = |
| Trade receivables290 | - | - | - | €100,000 | €100,000 | = |
| Amounts receivable within one year40/41 | €6,124 | €18,000 | - | - | €1,640 | - |
| Trade receivables40 | €4,044 | €18,000 | - | - | - | - |
| Other amounts receivable41 | €2,081 | - | - | - | €1,640 | - |
| Current investments50/53 | €116,708 | €129,072 | €117,593 | €5,821 | - | - |
| Cash at bank and in hand54/58 | €3,491 | €55,136 | €51,434 | €19,676 | €23,740 | ▲ 20.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €486,473 | €550,837 | €634,608 | €575,421 | €505,553 | ▼ 12.1% |
| Equity10/15 | €161,493 | €141,172 | €91,646 | €173,195 | €224,234 | ▲ 29.5% |
| Contributions10/11 | €190,805 | €190,805 | €190,805 | €190,805 | €190,805 | = |
| Capital10 | €190,805 | €190,805 | - | - | - | - |
| Issued capital100 | €190,805 | €190,805 | - | - | - | - |
| Outside capital11 | - | - | €190,805 | - | - | - |
| Other1109/19 | - | - | €190,805 | - | - | - |
| Reserves13 | - | - | - | €5,000 | €25,000 | ▲ 400% |
| Distributable reserves133 | - | - | - | €5,000 | €25,000 | ▲ 400% |
| Profit (loss) carried forward14 | -€29,312 | -€49,633 | -€99,159 | -€22,610 | €8,429 | ▲ 137% |
| Amounts payable17/49 | €324,979 | €409,665 | €542,962 | €402,226 | €281,319 | ▼ 30.1% |
| Amounts payable after more than one year17 | €294,860 | €278,409 | €310,275 | €366,948 | €244,316 | ▼ 33.4% |
| Financial debts170/4 | €294,860 | €278,409 | €310,275 | €366,948 | €241,626 | ▼ 34.2% |
| Other amounts payable178/9 | - | - | - | - | €2,690 | - |
| Amounts payable within one year42/48 | €26,574 | €121,345 | €219,738 | €29,941 | €37,003 | ▲ 23.6% |
| Current portion of amounts payable after more than one year42 | €21,962 | €23,825 | €63,766 | €19,388 | €7,628 | ▼ 60.7% |
| Financial debts43 | €1 | €2 | €5,574 | - | - | - |
| Credit institutions430/8 | €1 | €2 | €5,574 | - | - | - |
| Trade debts44 | €1,092 | €4,606 | €4,917 | €299 | €662 | ▲ 122% |
| Suppliers440/4 | €1,092 | €4,606 | €4,917 | €299 | €662 | ▲ 122% |
| Taxes, remuneration and social security45 | - | - | - | €4,100 | €25,753 | ▲ 528% |
| Taxes450/3 | - | - | - | €4,100 | €25,753 | ▲ 528% |
| Other amounts payable47/48 | €3,519 | €92,912 | €145,482 | €6,155 | €2,960 | ▼ 51.9% |
| Accrued charges and deferred income492/3 | €3,545 | €9,910 | €12,949 | €5,337 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,705 | -€20,321 | -€49,526 | €81,549 | €51,039 | ▼ 37.4% |
| + Depreciation and write-downs630 | €13,626 | €13,427 | €11,726 | €14,597 | €7,904 | ▼ 45.9% |
| Operating cash flow (approximation) | -€1,079 | -€6,894 | -€37,801 | €96,145 | €58,943 | ▼ 38.7% |
| Investment in fixed assets (approximation) | - | -€1,908 | -€128,677 | €1,060 | €61,848 | ▲ 5,735% |
| Change in cash | - | €51,644 | -€3,702 | -€31,758 | €4,064 | ▲ 113% |
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
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
31-12
Financial
Equity above €200,000Eq €224,234 ▲29.5%
2 profitable years in a row build equity to €224,234.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €81,549
Net result €81,549 after 4 loss-making years.
31-12
Financial
Liquidity times 5current ratio 4.19
Current ratio from 0.77 to 4.19; short-term debt falls from €219,738 to €29,941.
31-12
Financial
Equity above €150,000Eq €173,195 ▲89%
Equity rises from €91,646 to €173,195.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€49,526
Net result drops to -€49,526, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €37,392
Net result €37,392 after one loss-making year.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 1 day late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
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, Genk · 1 establishment unit since 2012
Ground area
484 m²
Building footprint
169 m²
Volume, LiDAR
905 m³
Parcel 71307H0002/00P088, Flanders · tallest building 11.7 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
FACEVALUE
since 20122.211.698.978
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71307H0002/00P088 | Flanders | 484 m² | 1 · 169 m² | 11.7 m · 1 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.
Structure & network
Owners and holdings
1 owner · 1 holdingOwners 1
- Sourceaccounts C² 20250.8%
Holdings 1
-
30%
According to the 2025 annual accounts of FACEVALUE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
9676001I9A0BLPI4CH81
Identification & contact
Identification
Legal formPrivate limited company
Founded04-07-2012
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0847369234
Also
9925:BE0847369234
Registered
28-08-2023
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.