FacOrg
ActiveSummary
FacOrg has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €138k and a net result of €-39k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 76% of 1546 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-92
Solvency96▼-4
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 3.12 against 5.43 in 2023; short-term debt: 29.2% and cash: 61.4% of total assets), and 29.2% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
70.8%
Return on assets
-20.1%
Age of the figures
21 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
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 11-06-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
33 d early
2022
40 d early
2021
45 d early
2020
9 d late
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-39k
2023 · €55k
Working capital
€121k▼ 40.9%
2023 · €204k
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
Line20202021202220232024
Operating result€41k▲ 4.1%€125k▲ 209%€-84k€61k€-39k
Net result€22k▼ 11.8%€83k▲ 282%€-84k€55k€-39k
Equity€233k▲ 10.3%€304k▲ 30.4%€200k▼ 34.2%€207k▲ 3.3%€138k▼ 33.3%
Total assets€550k▼ 5.4%€510k▼ 7.3%€361k▼ 29.1%€253k▼ 30.0%€195k▼ 22.9%
Debt€317k▼ 14.3%€206k▼ 35.1%€161k▼ 21.6%€46k▼ 71.4%€57k▲ 23.4%
Working capital€224k▲ 22.3%€273k▲ 21.8%€169k▼ 38.1%€204k▲ 20.9%€121k▼ 40.9%
Staff (FTE)6.3=4.3▼ 31.7%1.4▼ 67.4%0.4▼ 71.4%2▲ 400%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €39k after €61k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €195k
Fixed assets
€17k ▲ 579%
Current assets
€178k ▼ 29.0%
Equity and liabilities €195k
Equity
€138k ▼ 33.3%
Debt
€57k ▲ 23.4%
Debt's share of the balance-sheet total rises from 18.2% to 29.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-36k
Cash flow
€-36k
Current ratio
3.12▼
2023 · 5.43
Debt to equity
0.41▲
2023 · 0.22
ROE
-28.4%▼
2023 · 26.4%
ROA
-20.1%▼
2023 · 21.6%
Interest coverage
-230.31
Debt ≤ 1 year
€57k▲
2023 · €46k
Income taxes
€143▼
2023 · €6k
Staff costs
€53k▲
2023 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €7k | €4k | €1k | - | - |
| Remuneration, social security and pensions62 | - | €327k | €102k | €24k | €53k | ▲ 124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €6k | €4k | - | €3k | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €605 | - |
| Other operating charges640/8 | - | €225 | - | €14 | €367 | ▲ 2,522% |
| Non-recurring operating charges66A | - | €6k | - | €19 | - | - |
| Gross operating margin9900 | €473k | €466k | €23k | €85k | €18k | ▼ 78.8% |
| Operating profit (loss)9901 | €41k | €125k | €-84k | €61k | €-39k | ▼ 164% |
| Recurring financial income75 | €1k | - | - | - | - | - |
| Financial charges65/66B | - | €1k | €274 | €1k | €155 | ▼ 84.6% |
| Recurring financial charges65 | €795 | €1k | €274 | €103 | €155 | ▲ 50.2% |
| Non-recurring financial charges66B | - | - | - | €905 | - | - |
| Profit (loss) for the period before taxes9903 | €41k | €124k | €-84k | €60k | €-39k | ▼ 165% |
| Income taxes67/77 | €19k | €41k | €230 | €6k | €143 | ▼ 97.4% |
| Profit (loss) for the period9904 | €22k | €83k | €-84k | €55k | €-39k | ▼ 172% |
| Profit (loss) for the period to be appropriated9905 | €22k | €83k | €-84k | €55k | €-39k | ▼ 172% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €550k | €510k | €361k | €253k | €195k | ▼ 22.9% |
| Fixed assets21/28 | €22k | €31k | €31k | €3k | €17k | ▲ 579% |
| Tangible fixed assets22/27 | €3k | €18k | €14k | €0 | €15k | - |
| Furniture and vehicles24 | - | €18k | €14k | €0 | €15k | - |
| Financial fixed assets28 | €19k | €13k | €18k | €3k | €2k | ▼ 5.3% |
| Current assets29/58 | €528k | €479k | €330k | €250k | €178k | ▼ 29.0% |
| Amounts receivable within one year40/41 | €260k | €235k | €267k | €29k | €54k | ▲ 89.3% |
| Trade receivables40 | - | €182k | €217k | €29k | €54k | ▲ 88.2% |
| Other amounts receivable41 | - | €53k | €50k | €67 | €438 | ▲ 555% |
| Cash at bank and in hand54/58 | €268k | €240k | €60k | €222k | €120k | ▼ 46.0% |
| Deferred charges and accrued income490/1 | - | €4k | €3k | €28 | €4k | ▲ 13,171% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €550k | €510k | €361k | €253k | €195k | ▼ 22.9% |
| Equity10/15 | €233k | €304k | €200k | €207k | €138k | ▼ 33.3% |
| Contributions10/11 | - | €20k | €20k | €22k | €2k | ▼ 90.9% |
| Outside capital11 | - | €20k | €20k | - | - | - |
| Other1109/19 | - | €20k | €20k | - | - | - |
| Reserves13 | €113k | €184k | €164k | €169k | €159k | ▼ 5.6% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €182k | €162k | €169k | €159k | ▼ 5.6% |
| Profit (loss) carried forward14 | €100k | €100k | €16k | €16k | €-23k | ▼ 246% |
| Amounts payable17/49 | €317k | €206k | €161k | €46k | €57k | ▲ 23.4% |
| Amounts payable after more than one year17 | €13k | - | - | - | - | - |
| Amounts payable within one year42/48 | €304k | €206k | €161k | €46k | €57k | ▲ 23.4% |
| Trade debts44 | €192k | €146k | €124k | €11k | €35k | ▲ 223% |
| Suppliers440/4 | - | €146k | €124k | €11k | €35k | ▲ 223% |
| Taxes, remuneration and social security45 | - | €48k | €18k | €7k | €12k | ▲ 61.6% |
| Taxes450/3 | - | €9k | €9k | €7k | €5k | ▼ 37.6% |
| Remuneration and social security454/9 | - | €39k | €9k | - | €7k | - |
| Other amounts payable47/48 | - | €12k | €20k | €28k | €10k | ▼ 63.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €83k | €-84k | €55k | €-39k | ▼ 172% |
| + Depreciation and write-downs630 | €8k | €6k | €4k | - | €3k | - |
| Operating cash flow (approximation) | €30k | €89k | €-80k | €55k | €-36k | ▼ 166% |
| Investment in fixed assets (approximation) | - | €-15k | €-4k | €29k | €-18k | ▼ 163% |
| Change in cash | - | €-29k | €-180k | €162k | €-102k | ▼ 163% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €55k
Net result €55k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 5.43
Current ratio from 2.05 to 5.43; short-term debt falls from €161k to €46k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-84k
Net result drops to €-84k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €83k ▲282%
Operating result €125k, net result €83k, both a record.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 9 days late
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
07-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2007
Ground area
180 m²
Building footprint
86 m²
Volume, LiDAR
790 m³
Parcel 25386B0091/00N000, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
FacOrg
since 20072.168.099.458
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25386B0091/00N000 | Wallonia | 180 m² | 1 · 86 m² | 11.1 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.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,390 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
Founded30-11-2007
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
Contact
Scores and ratios are computed by Checked and are not a credit decision.