FAPALCO
FAPALCO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €531k and a net result of €173k. Equity is growing by ~58.9% per year across the filed fiscal years. Its solvency ranks better than 17% of 457 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €531k |
| Net result | €173k |
| Staff (FTE) | 2.2 |
| Better than sector | 17% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 11.3% | 48.2% | |
| Net result | €173k | €70k | |
| Equity | €531k | €3.48M | |
| Gross operating margin | €744k | €2.15M | |
| Staff costs | €212k | €5.17M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | full schema | full schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €522k | €477k | €458k | €488k | €262k |
| Net profit | €173k | €145k | €124k | €180k | €-54k |
| Cash flow | €385k | €358k | €335k | €384k | €145k |
| Staff costs | €212k | €232k | €197k | €5k | - |
| Income taxes | €38k | - | - | - | - |
| Dividends | €110k | - | - | - | - |
| Total assets | €4.70M | €4.74M | €4.96M | €5.09M | €5.08M |
| Equity | €531k | €468k | €323k | €200k | €20k |
| Debt | €4.17M | €4.27M | €4.63M | €4.89M | €5.06M |
| of which ≤ 1y | €391k | €336k | €317k | €287k | €274k |
| of which > 1y | €3.70M | €3.85M | €4.23M | €4.51M | €4.74M |
| Working capital | €-102k | €-207k | €-183k | €-200k | €-190k |
| Employees (FTE) | 2.2 | 3.1 | 2.5 | 1.0 | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.74 | 0.38 | 0.42 | 0.30 | 0.30 |
| Quick ratio | 0.74 | 0.38 | 0.42 | 0.30 | 0.30 |
| Working capital ratio | -2.2% | -4.4% | -3.7% | -3.9% | -3.8% |
| Solvency | 11.3% | 9.9% | 6.5% | 3.9% | 0.4% |
| Debt / equity | 7.86 | 9.13 | 14.33 | 24.48 | 255.35 |
| Long-term debt ratio | 6.96 | 8.22 | 13.07 | 22.60 | 239.22 |
| Interest coverage | 5.30 | 3.78 | 3.72 | 4.69 | 2.25 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 3.7% | 3.1% | 2.5% | 3.5% | -1.1% |
| ROE | 32.5% | 31.0% | 38.2% | 90.1% | -270.6% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €4.70M | €4.74M | €4.96M | €5.09M | €5.08M |
| Fixed assets | 21/28 | €4.41M | €4.61M | €4.82M | €5.00M | €4.99M |
| Formation expenses | 20 | - | - | - | - | €280 |
| Intangible fixed assets | 21 | - | - | - | - | €908 |
| Tangible fixed assets | 22/27 | €4.41M | €4.61M | €4.81M | €4.99M | €4.99M |
| Financial fixed assets | 28 | €8k | €8k | €8k | €8k | - |
| Current assets | 29/58 | €288k | €129k | €134k | €87k | €84k |
| Amounts receivable within one year | 40/41 | €210k | €70k | €76k | €63k | €42k |
| Cash & bank | 54/58 | €75k | €57k | €56k | €23k | €37k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.70M | €4.74M | €4.96M | €5.09M | €5.08M |
| Equity | 10/15 | €531k | €468k | €323k | €200k | €20k |
| Contributions / capital | 10/11 | €530k | €530k | €530k | €530k | €530k |
| Reserves | 13 | €1k | - | - | - | - |
| Accumulated profits (losses) | 14 | - | €-62k | €-207k | €-330k | €-510k |
| Amounts payable | 17/49 | €4.17M | €4.27M | €4.63M | €4.89M | €5.06M |
| Amounts payable after one year | 17 | €3.70M | €3.85M | €4.23M | €4.51M | €4.74M |
| Amounts payable within one year | 42/48 | €391k | €336k | €317k | €287k | €274k |
| Trade debts payable within one year | 44 | €25k | €28k | €34k | €36k | €29k |
| Income statement | ||||||
| Gross operating margin | 9900 | €744k | €720k | €665k | €501k | €265k |
| Operating result | 9901 | €310k | €265k | €247k | €284k | €63k |
| Financial income | 75 | €1 | €493 | €17k | - | - |
| Financial charges | 65 | €98k | €126k | €123k | €104k | €117k |
| Result before taxes | 9903 | €211k | €145k | €124k | €180k | €-54k |
| Income taxes | 67/77 | €38k | - | - | - | - |
| Net result for the period | 9904 | €173k | €145k | €124k | €180k | €-54k |
| Result to be appropriated | 9905 | €173k | €145k | €124k | €180k | €-54k |
-
Bénédicte VALLERYDirectorState Gazette act 25046594 (09-04-2025)Current28-03-2025 → present
Former directors (3)
-
Antoine DESCAMPSDirectorState Gazette act 25046594 (09-04-2025)Former- → 28-03-2025
-
François DESCAMPSDirectorState Gazette act 25046594 (09-04-2025)Former- → 28-03-2025
-
Patricia FRANSDirectorState Gazette act 25046594 (09-04-2025)Former- → 28-03-2025
| NACE primary | Residential care activities(87301) |
| Legal form | Private limited company(610) |
| Incorporation | 05-05-2017 |
| Status | Active |
| Postal code | 6120 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56034C0705/00A006 | Wallonia | 8,613 m² | 1 · 192 m² | 11.6 m · 2 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
09-04-2025 1 director appointed, 3 resigning
- Bénédicte VALLERY, Bestuurder
- Patricia FRANS, Bestuurder
- Antoine DESCAMPS, Bestuurder
- François DESCAMPS, Bestuurder
Technical details
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"subject_company": {
"kbo": "0675.442.672",
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}| Legal nameFR | FAPALCO |