FACETWO
The KBO register records legal situation 050 for FACETWO (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2019 annual accounts show negative equity (€-36k) and a net result of €-58k.
| Equity | €-36k |
| Net result | €-58k |
| Active | 10 yrs |
| Locations | 1 |
Fragile profile, watch health in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2019 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-17k |
| Net profit | €-58k |
| Cash flow | €-56k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €283k |
| Equity | €-36k |
| Debt | €319k |
| of which ≤ 1y | €214k |
| of which > 1y | €105k |
| Working capital | €63k |
| Employees (FTE) | - |
| 2019 | |
|---|---|
| Current ratio | 1.29 |
| Quick ratio | 1.29 |
| Working capital ratio | 22.3% |
| Solvency | -12.8% |
| Debt / equity | -2.90 |
| Long-term debt ratio | -2.90 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -20.6% |
| ROE | 161.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2019 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €283k |
| Fixed assets | 21/28 | €6k |
| Tangible fixed assets | 22/27 | €6k |
| Current assets | 29/58 | €277k |
| Stocks & contracts in progress | 3 | €120k |
| Amounts receivable within one year | 40/41 | €130k |
| Cash & bank | 54/58 | €7k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €283k |
| Equity | 10/15 | €-36k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €16k |
| Accumulated profits (losses) | 14 | €-58k |
| Amounts payable | 17/49 | €319k |
| Amounts payable after one year | 17 | €105k |
| Amounts payable within one year | 42/48 | €214k |
| Trade debts payable within one year | 44 | €197k |
| Income statement | ||
| Gross operating margin | 9900 | €-20k |
| Operating result | 9901 | €-19k |
| Financial income | 75 | €161 |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €-24k |
| Net result for the period | 9904 | €-24k |
| Result to be appropriated | 9905 | €-24k |
| NACE primary | Overige bouwinstallatie(43240) |
| Legal form | Private limited company(610) |
| Incorporation | 03-06-2016 |
| Status | Active |
| Postal code | 8750 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37019B1117/00A000 | Flanders | 1,277 m² | 1 · 522 m² | 5.3 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
| Legal nameNL | FACETWO |