FACE IT
ActiveSummary
FACE IT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-44k) and a net result of €-35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 1530 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-14
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.17 against 0.3 in 2024; short-term debt: 151% and cash: 14.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-51%
Return on assets
-41.3%
Age of the figures
12 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-44k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-03-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
5 d early
2023
34 d early
2022
32 d early
2021
31 d early
2020
31 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-44k▼ 428%
2024 · €-8k
2018: €45k
2019: €41k
2020: €45k
2021: €72k
2022: €54k
2023: €44k
2024: €-8k
2018 → 2025
Total assets
€86k▲ 19.0%
2024 · €72k
2018: €150k
2019: €137k
2020: €121k
2021: €134k
2022: €91k
2023: €101k
2024: €72k
2018 → 2025
Net result
€-35k▲ 31.6%
2024 · €-52k
2018: €689
2019: €-4k
2020: €4k
2021: €26k
2022: €-17k
2023: €-11k
2024: €-52k
2018 → 2025
Working capital
€-107k▼ 91.9%
2024 · €-56k
2018: €20k
2019: €11k
2020: €21k
2021: €25k
2022: €293
2023: €-9k
2024: €-56k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€54k▼ 24.3%€44k▼ 19.7%€-8k€-44k▼ 428%
Operating result€34k-€-15k€-9k▲ 40.8%€-51k▼ 459%€-35k▲ 31.1%
Net result€26k-€-17k€-11k▲ 38.8%€-52k▼ 385%€-35k▲ 31.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €35k in 2025 against €51k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86k
Fixed assets
€63k ▲ 33.4%
Current assets
€22k ▼ 8.9%
Key figures and ratios
EBITDA
€-27k▲
2024 · €-43k
Cash flow
€-27k▲
2024 · €-44k
Solvency
-51.0%▼
2024 · -11.5%
Current ratio
0.17▼
2024 · 0.30
Debt to equity
-2.96▲
2024 · -9.70
ROA
-41.3%▲
2024 · -72.0%
Interest coverage
-106.31▼
2024 · -91.27
Debt
€129k▲
2024 · €80k
Debt ≤ 1 year
€129k▲
2024 · €80k
Income taxes
€377▲
2024 · €357
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€72k€86k▲
Fixed assets21/28€48k€63k▲
Tangible fixed assets22/27€48k€63k▲
Land and buildings22€44k€61k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€657€363▼
Current assets29/58€24k€22k▼
Amounts receivable within one year40/41€14k€7k▼
Trade receivables40€9k€2k▼
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€8k€12k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€72k€86k▲
Equity10/15€-8k€-44k▼
Contributions10/11€6k€6k=
Reserves13€55k€55k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€55k€55k=
Profit (loss) carried forward14€-69k€-104k▼
Amounts payable17/49€80k€129k▲
Amounts payable within one year42/48€80k€129k▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€224€2k▲
Credit institutions430/8€224€2k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€34k€2k▼
Taxes450/3€2k€2k▲
Remuneration and social security454/9€33k€0▼
Other amounts payable47/48€43k€124k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€-40k€-24k▲
Operating profit (loss)9901€-51k€-35k▲
Financial income75/76B€36€357▲
Recurring financial income75€36€357▲
Financial charges65/66B€475€255▼
Recurring financial charges65€475€255▼
Profit (loss) for the period before taxes9903€-51k€-35k▲
Income taxes67/77€357€377▲
Profit (loss) for the period9904€-52k€-35k▲
Profit (loss) for the period to be appropriated9905€-52k€-35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-71k€-104k▼
Profit (loss) brought forward from the previous period14P€-19k€-69k▼
Transfer from equity791/2€2k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-52k
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €26k ▲545%
Operating result €34k, net result €26k, both a record.
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Niklaas · 2 establishment units since 2006
Ground area
2,639 m²
Building footprint
348 m²
Volume, LiDAR
2,269 m³
2 parcels, Flanders · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
FACE IT
since 20062.155.287.936
FACE IT
since 20062.155.288.332
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002B1003/00F000 | Flanders | 2,484 m² | 1 · 196 m² | 7.6 m · 2 fl. |
| 11806F1295/00E009 | Flanders | 154 m² | 1 · 152 m² | 12.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,140 EUR awarded · 1,140 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,140 EUR | 1,140 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,057 companies in sector 59120 we hold annual accounts for 450. 373 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2006
Fiscal year end30-09
Activities, NACEBEL 2025
59120Post-production of films, video and television programmes
74201Photography, excluding press photography
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.