FACING
ActiveSummary
FACING has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €647,772 and a net result of €298,410. Equity is growing by ~41% per year across the filed fiscal years. Its solvency ranks better than 94% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 16.04 against 14.19 in 2023; short-term debt: 5.3% and cash: 19.6% of total assets), and 5.3% of the assets are financed with debt.
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Signals
Four 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
94.7%
Return on assets
43.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
34 d early
2022
39 d early
2021
38 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 33 days before 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
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Financials · fiscal year 2024, micro schema
Equity
€647,772▲ 17.9%
2023 · €549,362
Total assets
€684,009▲ 16.0%
2023 · €589,625
Net result
€298,410▲ 24.5%
2023 · €239,775
Working capital
€545,137▲ 2.6%
2023 · €531,178
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
Line2021202220232024
Operating result€177,459-€262,988▲ 48.2%€347,248▲ 32.0%€403,090▲ 16.1%
Net result€123,801-€179,785▲ 45.2%€239,775▲ 33.4%€298,410▲ 24.5%
Equity€129,801-€309,587▲ 139%€549,362▲ 77.5%€647,772▲ 17.9%
Total assets€143,856-€343,070▲ 138%€589,625▲ 71.9%€684,009▲ 16.0%
Debt€14,055-€33,483▲ 138%€40,263▲ 20.2%€36,236▼ 10.0%
Working capital€121,452-€291,748▲ 140%€531,178▲ 82.1%€545,137▲ 2.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2023 Equity +77%, Total assets +72% on 2022. Cause not known from the registers.
- 2022 Equity +139%, Total assets +138% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 16% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €684,009
Fixed assets
€102,635 ▲ 464%
Current assets
€581,374 ▲ 1.7%
Equity and liabilities €684,009
Equity
€647,772 ▲ 17.9%
Debt
€36,236 ▼ 10.0%
Debt's share of the balance-sheet total falls from 6.8% to 5.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€427,797▲
2023 · €353,568
Cash flow
€323,118▲
2023 · €246,095
Current ratio
16.04▲
2023 · 14.19
Debt to equity
0.06▼
2023 · 0.07
ROE
46.1%▲
2023 · 43.6%
ROA
43.6%▲
2023 · 40.7%
Interest coverage
202.36▼
2023 · 240.00
Debt ≤ 1 year
€36,236▼
2023 · €40,263
Income taxes
€107,944▼
2023 · €109,854
Staff costs
€0▼
2023 · €25
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,776 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
2.6%
stopped otherwise
97%
still going
A further 0.2% 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 497,058 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 6,776 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 |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €25 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,914 | €4,289 | €6,320 | €24,708 | ▲ 291% |
| Other operating charges640/8 | €9,955 | €8,484 | €13,493 | €14,018 | ▲ 3.9% |
| Gross operating margin9900 | €189,328 | €275,761 | €367,086 | €441,816 | ▲ 20.4% |
| Operating profit (loss)9901 | €177,459 | €262,988 | €347,248 | €403,090 | ▲ 16.1% |
| Financial income75/76B | €0 | €0 | €3,854 | €5,379 | ▲ 39.6% |
| Recurring financial income75 | €0 | €0 | €3,854 | €5,379 | ▲ 39.6% |
| Financial charges65/66B | €134 | €952 | €1,473 | €2,114 | ▲ 43.5% |
| Recurring financial charges65 | €134 | €952 | €1,473 | €2,114 | ▲ 43.5% |
| Profit (loss) for the period before taxes9903 | €177,324 | €262,036 | €349,629 | €406,354 | ▲ 16.2% |
| Income taxes67/77 | €53,523 | €82,250 | €109,854 | €107,944 | ▼ 1.7% |
| Profit (loss) for the period9904 | €123,801 | €179,785 | €239,775 | €298,410 | ▲ 24.5% |
| Profit (loss) for the period to be appropriated9905 | €123,801 | €179,785 | €239,775 | €298,410 | ▲ 24.5% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €143,856 | €343,070 | €589,625 | €684,009 | ▲ 16.0% |
| Fixed assets21/28 | €8,350 | €20,388 | €18,184 | €102,635 | ▲ 464% |
| Tangible fixed assets22/27 | €8,350 | €20,388 | €18,184 | €102,635 | ▲ 464% |
| Plant, machinery and equipment23 | - | €12,184 | €9,358 | €10,293 | ▲ 10.0% |
| Furniture and vehicles24 | €8,350 | €8,205 | €8,827 | €92,342 | ▲ 946% |
| Current assets29/58 | €135,506 | €322,681 | €571,441 | €581,374 | ▲ 1.7% |
| Amounts receivable within one year40/41 | €1,098 | €838 | €5 | €4,349 | ▲ 86,536% |
| Trade receivables40 | €1,093 | €833 | €0 | €976 | - |
| Other amounts receivable41 | €5 | €5 | €5 | €3,373 | ▲ 67,091% |
| Current investments50/53 | - | €97,963 | €171,855 | €442,749 | ▲ 158% |
| Cash at bank and in hand54/58 | €134,260 | €219,877 | €398,409 | €134,275 | ▼ 66.3% |
| Deferred charges and accrued income490/1 | €148 | €4,003 | €1,172 | €0 | ▼ 100% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €143,856 | €343,070 | €589,625 | €684,009 | ▲ 16.0% |
| Equity10/15 | €129,801 | €309,587 | €549,362 | €647,772 | ▲ 17.9% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | €123,801 | €303,587 | €543,362 | €641,772 | ▲ 18.1% |
| Distributable reserves133 | €123,801 | €303,587 | €543,362 | €641,772 | ▲ 18.1% |
| Profit (loss) carried forward14 | - | - | - | €0 | - |
| Amounts payable17/49 | €14,055 | €33,483 | €40,263 | €36,236 | ▼ 10.0% |
| Amounts payable within one year42/48 | €14,055 | €30,933 | €40,263 | €36,236 | ▼ 10.0% |
| Trade debts44 | €1,855 | €2,460 | €2,693 | €2,785 | ▲ 3.4% |
| Suppliers440/4 | €1,855 | €2,460 | €2,693 | €2,785 | ▲ 3.4% |
| Taxes, remuneration and social security45 | €12,199 | €28,473 | €36,625 | €32,989 | ▼ 9.9% |
| Taxes450/3 | €9,822 | €28,473 | €36,625 | €32,989 | ▼ 9.9% |
| Remuneration and social security454/9 | €2,377 | €0 | - | - | - |
| Other amounts payable47/48 | - | - | €946 | €462 | ▼ 51.2% |
| Accrued charges and deferred income492/3 | - | €2,550 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €123,801 | €179,785 | €239,775 | €298,410 | ▲ 24.5% |
| + Depreciation and write-downs630 | €1,914 | €4,289 | €6,320 | €24,708 | ▲ 291% |
| Operating cash flow (approximation) | €125,716 | €184,074 | €246,095 | €323,118 | ▲ 31.3% |
| Investment in fixed assets (approximation) | - | -€16,328 | -€4,116 | -€109,159 | ▼ 2,552% |
| Change in cash | - | €85,617 | €178,532 | -€264,134 | ▼ 248% |
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
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €298,410 ▲24.5%
Operating result €403,090, net result €298,410, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500,000Eq €549,362 ▲77.5%
3 profitable years in a row build equity to €549,362.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200,000Eq €309,587 ▲139%
2 profitable years in a row build equity to €309,587.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
11-12
State Gazette act
General meeting · Auditor appointment
Permanent representative · Director resignation
11-12
State Gazette act
General meeting · Auditor appointment
Permanent representative · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2020
Ground area
207 m²
Building footprint
81 m²
Volume, LiDAR
616 m³
Parcel 11003A0182/00M002, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FACING
since 20202.307.602.680
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0182/00M002 | Flanders | 207 m² | 1 · 81 m² | 12.9 m · 3 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
Connections & network
18 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
ACERTA
Shared director
→
ACERTA Consult
Shared director
→
ACERTA ONDERNEMINGSLOKET- ACERTA GUICHET D'ENTREPRISES
Shared director
→
Acerta Services
Shared director
→
Show 14 more companies with a shared director
ACERTA SOCIAAL VERZEKERINGSFONDS
Shared director
→
ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE
Shared director
→
BANK J.VAN BREDA & C°
Shared director
→
bpost
Shared director
→
ETION Synergia
Shared director
→
→
Mediwe
Shared director
→
SHEHERAZADE Développement
Shared director
→
Site-Ontwikkeling Vlaanderen
Shared director
→
Vlaams Energiebedrijf
Shared director
→
VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK
Shared director
→
Vlerick Business School
Shared director
→
VLERICK RESEARCH
Shared director
→
Recognitions · licences · registrations
Legal Entity Identifier
699400PHB3T2P2BUYD77
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 32,359 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
Founded24-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0754823910
Also
9925:BE0754823910
Registered
17-09-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.