FACIBEL
ActiveSummary
The computed 12-month bankruptcy probability of FACIBEL is 2.0% (moderate). The 2025 annual accounts show equity of €164,316 and a net result of €192,315. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 19% of 7900 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability96▲+96
Solvency43▲+34
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.58 in 2024; short-term debt: 56.2% and cash: 1.3% of total assets), and 81.6% 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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
18.4%
Return on assets
21.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 7900 sector peers (2025).
NBB · sector comparisonPosition among 7900 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-03-2026, 150 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
150 d early
2024
29 d late
2023
30 d late
2022
108 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 50 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed 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
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
Equity
€164,316
2024 · -€127,999
Total assets
€892,001▲ 11.2%
2024 · €802,478
Net result
€192,315
2024 · -€221,475
Working capital
-€141,267▲ 46.0%
2024 · -€261,729
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
Line2022202320242025
Operating result€86,562-€45,107▼ 47.9%-€188,144€218,288
Net result€68,905-€19,572▼ 71.6%-€221,475€192,315
Equity€73,905-€93,477▲ 26.5%-€127,999€164,316
Total assets€318,492-€759,467▲ 138%€802,478▲ 5.7%€892,001▲ 11.2%
Debt€244,587-€665,990▲ 172%€930,476▲ 39.7%€727,685▼ 21.8%
Working capital€20,308--€2,957-€261,729▼ 8,750%-€141,267▲ 46.0%
Staff (FTE)1.7-10.2▲ 500%12.4▲ 21.6%12.5▲ 0.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2023 Total assets +138% on 2022. Cause not known from the registers.
- 2023 Staff (FTE) +500% on 2022. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €218,288 after a loss of €188,144 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €890,164
Fixed assets
€530,341 ▲ 19.6%
Current assets
€359,824 ▲ 0.2%
Equity and liabilities €892,001
Equity
€164,316
Debt
€727,685
Debt finances 81.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€381,445▲
2024 · -€63,615
Cash flow
€355,472▲
2024 · -€96,946
Current ratio
0.72▲
2024 · 0.58
Quick ratio
0.65▲
2024 · 0.53
Debt to equity
4.43▲
2024 · -7.27
ROE
117.0%
ROA
21.6%▲
2024 · -27.6%
Interest coverage
13.16▲
2024 · -1.81
Debt ≤ 1 year
€501,090▼
2024 · €620,872
Debt > 1 year
€222,053▼
2024 · €297,847
Income taxes
-€1,675▼
2024 · €246
Staff costs
€714,414▲
2024 · €536,182
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,602 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 97% are still going.
- Small
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
2.1%
went bankrupt
0.9%
stopped otherwise
97%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,058 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 1,602 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €30,962 | - |
| Remuneration, social security and pensions62 | €25,006 | €446,624 | €536,182 | €714,414 | ▲ 33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,463 | €87,611 | €124,530 | €163,157 | ▲ 31.0% |
| Other operating charges640/8 | €1,157 | €6,094 | €6,929 | €28,224 | ▲ 307% |
| Non-recurring operating charges66A | - | €19,818 | €4,705 | €2,171 | ▼ 53.9% |
| Gross operating margin9900 | €128,188 | €605,255 | €484,201 | €1.1m | ▲ 133% |
| Operating profit (loss)9901 | €86,562 | €45,107 | -€188,144 | €218,288 | ▲ 216% |
| Financial income75/76B | €121 | €2,635 | €1,990 | €1,344 | ▼ 32.4% |
| Recurring financial income75 | €121 | €2,635 | €1,990 | €1,344 | ▼ 32.4% |
| Financial charges65/66B | €3,208 | €22,757 | €35,075 | €28,993 | ▼ 17.3% |
| Recurring financial charges65 | €3,208 | €22,757 | €35,075 | €28,993 | ▼ 17.3% |
| Profit (loss) for the period before taxes9903 | €83,475 | €24,985 | -€221,229 | €190,639 | ▲ 186% |
| Income taxes67/77 | €14,570 | €5,413 | €246 | -€1,675 | ▼ 780% |
| Profit (loss) for the period9904 | €68,905 | €19,572 | -€221,475 | €192,315 | ▲ 187% |
| Profit (loss) for the period to be appropriated9905 | €68,905 | €19,572 | -€221,475 | €192,315 | ▲ 187% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €318,492 | €759,467 | €802,478 | €892,001 | ▲ 11.2% |
| Formation expenses20 | - | - | - | €1,836 | - |
| Fixed assets21/28 | €146,329 | €413,513 | €443,335 | €530,341 | ▲ 19.6% |
| Intangible fixed assets21 | €917 | €46,342 | €46,795 | €88,549 | ▲ 89.2% |
| Tangible fixed assets22/27 | €142,223 | €363,699 | €396,539 | €441,292 | ▲ 11.3% |
| Plant, machinery and equipment23 | €60,190 | €154,072 | €138,526 | €137,682 | ▼ 0.6% |
| Furniture and vehicles24 | €30,915 | €154,602 | €219,056 | €262,551 | ▲ 19.9% |
| Leasing and similar rights25 | €42,348 | €33,109 | €0 | - | - |
| Other tangible fixed assets26 | €8,770 | €21,917 | €38,957 | €41,059 | ▲ 5.4% |
| Financial fixed assets28 | €3,190 | €3,472 | €0 | €500 | - |
| Current assets29/58 | €172,163 | €345,954 | €359,143 | €359,824 | ▲ 0.2% |
| Stocks and contracts in progress3 | €25,113 | €20,838 | €27,671 | €35,288 | ▲ 27.5% |
| Stocks30/36 | €25,113 | €20,838 | €27,671 | €35,288 | ▲ 27.5% |
| Amounts receivable within one year40/41 | €125,587 | €230,168 | €260,962 | €277,091 | ▲ 6.2% |
| Trade receivables40 | €107,773 | €229,009 | €232,152 | €262,710 | ▲ 13.2% |
| Other amounts receivable41 | €17,814 | €1,159 | €28,809 | €14,381 | ▼ 50.1% |
| Cash at bank and in hand54/58 | €20,952 | €78,379 | €58,828 | €11,616 | ▼ 80.3% |
| Deferred charges and accrued income490/1 | €510 | €16,569 | €11,682 | €35,828 | ▲ 207% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €318,492 | €759,467 | €802,478 | €892,001 | ▲ 11.2% |
| Equity10/15 | €73,905 | €93,477 | -€127,999 | €164,316 | ▲ 228% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €105,000 | ▲ 2,000% |
| Reserves13 | €68,905 | €88,477 | €88,477 | €0 | ▼ 100% |
| Distributable reserves133 | €68,905 | €88,477 | €88,477 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | -€221,475 | €59,316 | ▲ 127% |
| Amounts payable17/49 | €244,587 | €665,990 | €930,476 | €727,685 | ▼ 21.8% |
| Amounts payable after more than one year17 | €92,733 | €317,079 | €297,847 | €222,053 | ▼ 25.4% |
| Financial debts170/4 | €92,733 | €317,079 | €297,847 | €222,053 | ▼ 25.4% |
| Amounts payable within one year42/48 | €151,854 | €348,911 | €620,872 | €501,090 | ▼ 19.3% |
| Current portion of amounts payable after more than one year42 | €28,085 | €79,984 | €127,354 | €153,415 | ▲ 20.5% |
| Financial debts43 | - | €125,000 | €100,000 | €120,000 | ▲ 20.0% |
| Other loans439 | - | €125,000 | €100,000 | €120,000 | ▲ 20.0% |
| Trade debts44 | €87,001 | €108,662 | €187,980 | €72,785 | ▼ 61.3% |
| Suppliers440/4 | €87,001 | €108,662 | €187,980 | €72,785 | ▼ 61.3% |
| Advances received on contracts in progress46 | €12,989 | €0 | €151,325 | €75,104 | ▼ 50.4% |
| Taxes, remuneration and social security45 | €21,400 | €33,887 | €54,213 | €79,381 | ▲ 46.4% |
| Taxes450/3 | €14,570 | €19,983 | €3,196 | €3,744 | ▲ 17.1% |
| Remuneration and social security454/9 | €6,830 | €13,904 | €51,017 | €75,637 | ▲ 48.3% |
| Other amounts payable47/48 | €2,379 | €1,379 | €0 | €405 | - |
| Accrued charges and deferred income492/3 | - | - | €11,757 | €4,541 | ▼ 61.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €68,905 | €19,572 | -€221,475 | €192,315 | ▲ 187% |
| + Depreciation and write-downs630 | €15,463 | €87,611 | €124,530 | €163,157 | ▲ 31.0% |
| Operating cash flow (approximation) | €84,368 | €107,182 | -€96,946 | €355,472 | ▲ 467% |
| Investment in fixed assets (approximation) | - | -€354,795 | -€154,351 | -€250,163 | ▼ 62.1% |
| Change in cash | - | €57,427 | -€19,551 | -€47,212 | ▼ 141% |
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
03-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €192,315
Net result €192,315 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €164,316
Equity rises from -€127,999 to €164,316.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€221,475
Net result drops to -€221,475, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
14-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Kruisem · 1 establishment unit since 2022
Ground area
3,913 m²
Building footprint
1,391 m²
Volume, LiDAR
9,418 m³
Parcel 45017C0089/00H000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FACIBEL
since 20222.329.597.134
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017C0089/00H000 | Flanders | 3,913 m² | 1 · 1,391 m² | 8.3 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 7 entries · 64,746 EUR awarded · 27,516 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 3,195 EUR | 15,695 EUR |
| 2024 | 2 | 10,883 EUR | 10,883 EUR |
| 2023 | 2 | 50,668 EUR | 938 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
6488WC54HNY3000Q0S56
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 7,568 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
Founded25-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43990Other specialised construction activities
43211General electrical installation work
43332Laying of wooden floor and wall coverings
43341Painting of buildings
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0783853733
Registered
05-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.