Summary
FAETO Management is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €60,907 and a net result of €41,306. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 23% of 3320 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 3320 sector peers (2024).
NBB · sector comparisonPosition among 3320 sector peers
Solvency
better than 23%
← weakest
strongest →
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 04-07-2025, 27 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
69 d early
2022
27 d early
2021
31 d early
2020
13 d late
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€60,907▼ 81.7%
2023 · €333,265
Net result
€41,306▲ 104%
2023 · €20,277
Total assets
€345,437▲ 1.2%
2023 · €341,378
Solvency
17.6%▼ 80.0pp
2023 · 97.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€113,454€48,190▼ 57.5%-€6,767€24,794€24,835▲ 0.2%
Net result€110,248above the sector's middle half▲ 181%€46,846within the sector's middle half▼ 57.5%-€6,769below the sector's middle half€20,277within the sector's middle half€41,306within the sector's middle half▲ 104%
Equity€294,345above the sector's middle half▲ 59.9%€315,190above the sector's middle half▲ 7.1%€313,821above the sector's middle half▼ 0.4%€333,265above the sector's middle half▲ 6.2%€60,907within the sector's middle half▼ 81.7%
Total assets€316,360within the sector's middle half▼ 22.4%€350,548within the sector's middle half▲ 10.8%€324,613within the sector's middle half▼ 7.4%€341,378within the sector's middle half▲ 5.2%€345,437within the sector's middle half▲ 1.2%
Debt€22,016▼ 90.1%€35,358▲ 60.6%€10,792▼ 69.5%€8,113▼ 24.8%€284,530▲ 3,407%
Working capital€292,997above the sector's middle half€314,232above the sector's middle half▲ 7.2%€313,026above the sector's middle half▼ 0.4%€303,087above the sector's middle half▼ 3.2%€40,101within the sector's middle half▼ 86.8%
Solvency93.0%above the sector's middle half▲ 47.9pp89.9%above the sector's middle half▼ 3.1pp96.7%above the sector's middle half▲ 6.8pp97.6%above the sector's middle half▲ 0.9pp17.6%below the sector's middle half▼ 80.0pp
Current ratio14.31above the sector's middle half▲ 13.969.89above the sector's middle half▼ 4.4230.00above the sector's middle half▲ 20.1238.36above the sector's middle half▲ 8.361.14within the sector's middle half▼ 37.22
Return on assets (ROA)34.8%above the sector's middle half▲ 25.2pp13.4%within the sector's middle half▼ 21.5pp-2.1%below the sector's middle half▼ 15.4pp5.9%within the sector's middle half▲ 8.0pp12.0%within the sector's middle half▲ 6.0pp
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 0% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €345,437
Fixed assets
€20,806 ▼ 31.1%
Current assets
€324,631 ▲ 4.3%
Equity and liabilities €345,437
Equity
€60,907 ▼ 81.7%
Debt
€284,530 ▲ 3,407%
Debt's share of the balance-sheet total rises from 2.4% to 82.4%. Equity is lower and debt is higher.
Key figures and ratios
ROE
67.8%▲
2023 · 6.1%
Debt ≤ 1 year
€284,530▲
2023 · €8,113
Income taxes
€13,378▲
2023 · €4,530
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €295 | €390 | €163 | €8,106 | €9,373 | ▲ 15.6% |
| Other operating charges640/8 | - | €786 | €842 | €3,097 | €896 | ▼ 71.1% |
| Non-recurring operating charges66A | - | €258 | €98 | €633 | €329 | ▼ 48.0% |
| Gross operating margin9900 | €114,700 | €49,624 | -€5,664 | €36,631 | €35,433 | ▼ 3.3% |
| Operating profit (loss)9901 | €113,454 | €48,190 | -€6,767 | €24,794 | €24,835 | ▲ 0.2% |
| Financial income75/76B | - | - | €243 | €137 | €29,973 | ▲ 21,713% |
| Recurring financial income75 | - | - | €243 | €137 | €29,973 | ▲ 21,713% |
| Financial charges65/66B | - | €114 | €127 | €125 | €125 | = |
| Recurring financial charges65 | €3,064 | €114 | €127 | €125 | €125 | = |
| Profit (loss) for the period before taxes9903 | €110,389 | €48,076 | -€6,652 | €24,807 | €54,684 | ▲ 120% |
| Income taxes67/77 | €142 | €1,230 | €117 | €4,530 | €13,378 | ▲ 195% |
| Profit (loss) for the period9904 | €110,248 | €46,846 | -€6,769 | €20,277 | €41,306 | ▲ 104% |
| Profit (loss) for the period to be appropriated9905 | €110,248 | €46,846 | -€6,769 | €20,277 | €41,306 | ▲ 104% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €316,360 | €350,548 | €324,613 | €341,378 | €345,437 | ▲ 1.2% |
| Fixed assets21/28 | €1,348 | €958 | €795 | €30,178 | €20,806 | ▼ 31.1% |
| Tangible fixed assets22/27 | €648 | €258 | €95 | €29,478 | €20,106 | ▼ 31.8% |
| Furniture and vehicles24 | - | €258 | €95 | €29,478 | €20,106 | ▼ 31.8% |
| Financial fixed assets28 | €700 | €700 | €700 | €700 | €700 | = |
| Current assets29/58 | €315,013 | €349,590 | €323,819 | €311,199 | €324,631 | ▲ 4.3% |
| Amounts receivable within one year40/41 | €8,075 | €60,192 | €73,373 | €11,519 | €5,503 | ▼ 52.2% |
| Trade receivables40 | - | €60,192 | €45,168 | - | €33 | - |
| Other amounts receivable41 | - | - | €28,205 | €11,519 | €5,470 | ▼ 52.5% |
| Current investments50/53 | - | - | €200,000 | €250,000 | €279,973 | ▲ 12.0% |
| Cash at bank and in hand54/58 | €306,389 | €288,830 | €49,468 | €48,759 | €38,391 | ▼ 21.3% |
| Deferred charges and accrued income490/1 | - | €568 | €977 | €921 | €763 | ▼ 17.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €316,360 | €350,548 | €324,613 | €341,378 | €345,437 | ▲ 1.2% |
| Equity10/15 | €294,345 | €315,190 | €313,821 | €333,265 | €60,907 | ▼ 81.7% |
| Contributions10/11 | - | €12,400 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €27,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €254,085 | €300,930 | €293,361 | €312,805 | €40,447 | ▼ 87.1% |
| Amounts payable17/49 | €22,016 | €35,358 | €10,792 | €8,113 | €284,530 | ▲ 3,407% |
| Amounts payable within one year42/48 | €22,016 | €35,358 | €10,792 | €8,113 | €284,530 | ▲ 3,407% |
| Financial debts43 | - | - | €216 | €2 | €2 | = |
| Credit institutions430/8 | - | - | €216 | €2 | €2 | = |
| Trade debts44 | - | €71 | €80 | €78 | €1,081 | ▲ 1,293% |
| Suppliers440/4 | - | €71 | €80 | €78 | €1,081 | ▲ 1,293% |
| Taxes, remuneration and social security45 | - | €8,430 | €8,388 | €7,200 | €16,078 | ▲ 123% |
| Taxes450/3 | - | €6,030 | €5,988 | €4,800 | €13,678 | ▲ 185% |
| Remuneration and social security454/9 | - | €2,400 | €2,400 | €2,400 | €2,400 | = |
| Other amounts payable47/48 | - | €26,856 | €2,109 | €833 | €267,369 | ▲ 31,997% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €110,248 | €46,846 | -€6,769 | €20,277 | €41,306 | ▲ 104% |
| + Depreciation and write-downs630 | €295 | €390 | €163 | €8,106 | €9,373 | ▲ 15.6% |
| Operating cash flow (approximation) | €110,543 | €47,235 | -€6,606 | €28,383 | €50,679 | ▲ 78.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€37,490 | €0 | ▲ 100% |
| Change in cash | - | -€17,559 | -€239,362 | -€709 | -€10,367 | ▼ 1,361% |
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
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €20,277
Net result €20,277 after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€6,769
Net result drops to -€6,769, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 30.00
Current ratio from 9.89 to 30.00; short-term debt falls from €35,358 to €10,792.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Highest result since 2018net €110,248 ▲181%
Operating result €113,454, net result €110,248, both a record.
31-12
Financial
Liquidity times 41current ratio 14.31
Current ratio from 0.35 to 14.31; short-term debt falls from €63,659 to €22,016.
31-12
Financial
Equity above €200,000Eq €294,345 ▲59.9%
3 profitable years in a row build equity to €294,345.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Equity above €150,000Eq €184,097 ▲27.1%
2 profitable years in a row build equity to €184,097.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Namur · 1 establishment unit since 2015
Ground area
2,069 m²
Building footprint
163 m²
Volume, LiDAR
1,114 m³
Parcel 92128C0554/00F002, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FAETO Management
since 20152.240.215.691
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92128C0554/00F002 | Wallonia | 2,069 m² | 1 · 163 m² | 9.2 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
10%
According to the 2024 annual accounts of FAETO Management 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.
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Of 4,673 companies in sector 66220 we hold annual accounts for 3,222. 2,421 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
Founded04-03-2015
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0599888976
Also
9925:BE0599888976
Registered
02-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.