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FACOTECH

Active Private limited companyfounded 2017active for 9 yearsSchaarbeekse Haardstraat 105, 1030 SchaerbeekKBO/BCE: BE 0676.988.338

Lifetime

8 annual accounts with figures on one time axis
peak €446,985 (2025)
€446,985▲ 16.0%
peak €179,034 (2025)
€179,034▲ 9.2%
peak €759,983 (2025)
€759,983▲ 30.8%
€863,409▲ 16.2%
Board2 names since 2021
1 directorKÖYCÜ Oguzhan
Documentsfilings and deeds
24-06-202637 days before the deadline
2025micro format
Gross margin from €385,265 to €446,985Equity from €580,950 to €759,983Debts from €743,326 to €863,409

Key points

from the 2025 annual accounts

Equity

€759,983 ▲ 30.8%

FACOTECH has made a profit in every financial year since 2018.

Turnover

≈ €2.4m estimated

The accounts state no turnover.

Position in the sector

€179,034

Higher net result than 95% of companies in retail trade. Sector median €5,052 · 22,900 companies.

Checked score

96
Excellent
Financially stronger than 70% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.2%▼ -0.5 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.1%▼ -0.2 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

72+3equity 46.8% of total assets
58-1short-term debt 47.3% · cash 24.9%
83-1return on assets 11.0%

Score breakdown

raises risk
Sector: Retail trade (NACE 47)
lowers risk
Size: total assets €1.6m
Liquidity: current ratio 1.97, cash €404,201
Figures for financial year 2025 (filed on 24-06-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 61% of them on solvency, 64% on liquidity, 76% on profitability and 80% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,782 companies had the same profile as FACOTECH has now. Each dot stands for 17 companies, two years later.

96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of FACOTECH itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,782 companies, not a prediction for FACOTECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €70,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.97 (1.85 in 2024), above the usual 1.5. Short-term debt is 47.3% and cash 24.9% of total assets. However, 53.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.97, cash €404,201
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 24-06-2026)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
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 24-06-2026, 37 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
37 days early
2024
38 days early
2023
15 days early
2022
9 days early
2021
43 days late
2020
19 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

KO
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0676988338
Registered office moved from Schaerbeek Rue Waelhem to Schaerbeek Rue du Foyer Schaerbeekois New registered office: 1030 Schaerbeek Rue du Foyer Schaerbeekois 105 · Previous registered office: 1030 Schaerbeek Rue Waelhem 108 · Appointment: KÖYCÜ Oguzhan (director) · General meeting of 20-12-2023 · Gazette deed
General meeting of 26-06-2018 Gazette deed
Incorporation published on 22-06-2017 · Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
FACOTECH Schaerbeek €1.6m €446,985 46.8% -
LICKI SANIT Herstal €0.8m €354,172 34.5% -
DS TEAM Merelbeke-Melle €1.3m €342,630 43.8% 1.5
PROBUTEC Beringen €2.1m €685,537 19.8% -
OUTDOOR PROJECTS Oudenburg €0.9m €325,761 17.3% -
Global Luxe Design Hoogstraten €2.6m €176,310 43.4% -
SUN SPA BENELUX Mechelen €0.9m €219,966 81.1% 1

These companies have the same main activity as FACOTECH: retail trade (NACE 47527). They are comparable in size and age: total assets between €840,000 and €2.6m, founded between 2011 and 2020.

Official details

Source: KBO
Status
Active since 20-06-2017Normal situation
Activity
Retail tradeNACE 47527and 1 other
Establishment unit
2.265.342.6511030 Schaerbeek, since 20-06-2017
Financial year end
31 December
Peppol
Reachable since 25-11-2025
Company details

Annual accounts 2025

€1.6m▲ 22.6%
Filing
Filed on 24-06-2026, 37 days before the end of the filing period
Financials

Insights on FACOTECH

FACOTECH files the micro format. That format states no turnover. The gross margin rose from €29,354 in 2018 to €446,985 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FACOTECH

What is the company number of FACOTECH?
The company number of FACOTECH is 0676.988.338. The VAT number is the same number with BE in front: BE 0676.988.338.
Where is FACOTECH based?
The registered office is at Schaarbeekse Haardstraat 105, 1030 Schaerbeek.Company details
What does FACOTECH do?
According to the KBO register, the main activity is retail trade (NACE 47527).
What is the legal form of FACOTECH?
FACOTECH is a private limited company (BV).
When was FACOTECH founded?
FACOTECH was founded on 20-06-2017.
Is FACOTECH still active?
Yes, FACOTECH is an active enterprise in the KBO register.
What is the turnover of FACOTECH?
The turnover in financial year 2025 is ≈ €2.4m. This figure is estimated from the gross margin of €446,985 and 31 comparable companies (NACE 475). It probably lies between €1.5m and €3.6m. In financial year 2022 turnover was €2.7m.Financials
Is FACOTECH profitable?
In financial year 2025, FACOTECH made a profit of €179,034.
Where can I find the annual accounts of FACOTECH?
FACOTECH filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FACOTECH due?
FACOTECH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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