Face Interim
Open bankruptcyA bankruptcy procedure is open for Face Interim according to publications in the Belgian State Gazette; curator: FILIP SELS.
Summary
The 2021 annual accounts show equity of €4k and a net result of €-3k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
€158k
EBIT margin
-2.5%
Net result
€-3k
Working capital
€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €38k
Fixed assets
€1k
Current assets
€36k
Equity and liabilities €38k
Equity
€4k
Debt
€33k
Debt finances 88.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€-4k
Cash flow
€-3k
Current ratio
1.09
Debt to equity
7.77
ROE
-73.4%
ROA
-8.4%
Interest coverage
-25.21
Debt ≤ 1 year
€33k
Filed annual accounts As filed with the NBB · 2021 · 35 lines
Balance sheet
Code2021
Assets
Total assets20/58€38k
Fixed assets21/28€1k
Tangible fixed assets22/27€1k
Furniture and vehicles24€1k
Current assets29/58€36k
Amounts receivable within one year40/41€35k
Trade receivables40€13k
Other amounts receivable41€22k
Cash at bank and in hand54/58€1k
Equity and liabilities
Total equity and liabilities10/49€38k
Equity10/15€4k
Contributions10/11€2k
Capital10€2k
Issued capital100€2k
Profit (loss) carried forward14€2k
Amounts payable17/49€33k
Amounts payable within one year42/48€33k
Trade debts44€32k
Suppliers440/4€32k
Taxes, remuneration and social security45€1k
Taxes450/3€1k
Income statement
Code2021
Turnover70€158k
Goods, raw materials, services and sundry goods60/61€162k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€137
Gross operating margin9900€-4k
Operating profit (loss)9901€-4k
Financial income75/76B€1k
Recurring financial income75€1k
Financial charges65/66B€154
Recurring financial charges65€154
Profit (loss) for the period before taxes9903€-3k
Profit (loss) for the period9904€-3k
Profit (loss) for the period to be appropriated9905€-3k
Appropriation of the result
Profit (loss) to be appropriated9906€2k
Profit (loss) brought forward from the previous period14P€5k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 |
|---|---|
| Turnover70 | €158k |
| Goods, raw materials, services and sundry goods60/61 | €162k |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €137 |
| Gross operating margin9900 | €-4k |
| Operating profit (loss)9901 | €-4k |
| Financial income75/76B | €1k |
| Recurring financial income75 | €1k |
| Financial charges65/66B | €154 |
| Recurring financial charges65 | €154 |
| Profit (loss) for the period before taxes9903 | €-3k |
| Profit (loss) for the period9904 | €-3k |
| Profit (loss) for the period to be appropriated9905 | €-3k |
| Line | 2021 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €38k | |
| Fixed assets21/28 | €1k | |
| Tangible fixed assets22/27 | €1k | |
| Furniture and vehicles24 | €1k | |
| Current assets29/58 | €36k | |
| Amounts receivable within one year40/41 | €35k | |
| Trade receivables40 | €13k | |
| Other amounts receivable41 | €22k | |
| Cash at bank and in hand54/58 | €1k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €38k | |
| Equity10/15 | €4k | |
| Contributions10/11 | €2k | |
| Capital10 | €2k | |
| Issued capital100 | €2k | |
| Profit (loss) carried forward14 | €2k | |
| Amounts payable17/49 | €33k | |
| Amounts payable within one year42/48 | €33k | |
| Trade debts44 | €32k | |
| Suppliers440/4 | €32k | |
| Taxes, remuneration and social security45 | €1k | |
| Taxes450/3 | €1k | |
| Line | 2021 |
|---|---|
| Profit (loss) for the period9904 | €-3k |
| + Depreciation and write-downs630 | €137 |
| Operating cash flow (approximation) | €-3k |
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
10-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 03-04-2025
2022
07-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 129 days late
SignalNBB filing
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, Antwerpen · 1 establishment unit since 2020
Ground area
1.0 ha
Building footprint
1,768 m²
Volume, LiDAR
99,933 m³
Parcel 11807G1698/02C000, Flanders · tallest building 64.4 m, ±19 floors. Linked by address, not a title deed.
163
companies at this address
See who is registered here
1 establishment unit
Face Investment BV
since 20202.298.904.156
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1698/02C000 | Flanders | 1.0 ha | 1 · 1,768 m² | 64.4 m · 19 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | FILIP SELS HEMELSTRAAT 3, 2018 ANTWERPEN 1- |
03-04-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.298.904.156
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Identification & contact
Identification
Legal formPrivate limited company
Founded16-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Scores and ratios are computed by Checked and are not a credit decision.