FACING
The computed 12-month bankruptcy probability of FACING is 0.3% (very low). The 2024 annual accounts show equity of €648k and a net result of €298k. Equity is growing by ~55.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 12464 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €648k |
| Net result | €298k |
| Better than sector | 95% |
| Active | 5 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | 94.7% | 60.6% | |
| Net result | €298k | €31k | |
| Equity | €648k | €63k | |
| Gross operating margin | €442k | €52k | |
| Staff costs | €0 | €6k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €428k |
| Net profit | €298k |
| Cash flow | €323k |
| Staff costs | €0 |
| Income taxes | €108k |
| Dividends | €200k |
| Total assets | €684k |
| Equity | €648k |
| Debt | €36k |
| of which ≤ 1y | €36k |
| of which > 1y | - |
| Working capital | €545k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 16.04 |
| Quick ratio | 16.04 |
| Working capital ratio | 79.7% |
| Solvency | 94.7% |
| Debt / equity | 0.06 |
| Long-term debt ratio | - |
| Interest coverage | 202.36 |
| Gross margin | - |
| Net margin | - |
| ROA | 43.6% |
| ROE | 46.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €684k |
| Fixed assets | 21/28 | €103k |
| Tangible fixed assets | 22/27 | €103k |
| Current assets | 29/58 | €581k |
| Amounts receivable within one year | 40/41 | €4k |
| Investments | 50/53 | €443k |
| Cash & bank | 54/58 | €134k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €684k |
| Equity | 10/15 | €648k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €642k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €36k |
| Amounts payable within one year | 42/48 | €36k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €442k |
| Operating result | 9901 | €403k |
| Financial income | 75 | €5k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €406k |
| Income taxes | 67/77 | €108k |
| Net result for the period | 9904 | €298k |
| Result to be appropriated | 9905 | €298k |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 24-09-2020 |
| Status | Active |
| Postal code | 2600 |
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. |
|---|---|---|---|---|
| 11003A0182/00M002 | Flanders | 207 m² | 1 · 81 m² | 12.9 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
11-12-2020 General meeting · Auditor appointment · Permanent representative · Officer resignation
- Publication: 2020-12-04 · Association Générale de l'Industrie du Médicament
- Filing: 2020-12-04 · Association Générale de l'Industrie du Médicament
- General meeting: 2020-05-13 · Association Générale de l'Industrie du Médicament
- Auditor appointment: role: commissaire, term: trois ans · KPMG Réviseurs d'Entreprises SCRL
- Permanent representative · Johan Heylen
- Officer resignation: role: représentant permanent · Stéphane Vandendael
- Officer appointment: role: directeur général, start_date: 2020-10-01 · Facing SRL
- Officer resignation: role: directeur général ad interim, end_date: 2020-09-30 · Ann Adriaensen
- Permanent representative · Caroline Ven
Technical details
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}11-12-2020 Act object · General meeting · Auditor appointment · Permanent representative
- Act object: Benoeming commissaris - Wijziging vaste vertegenwoordiger Raad van bestuur - Verbetering aanstelling algemeen directeur · Algemene Vereniging van de Geneesmiddelenindustrie
- Publication: 2020-12-04 · Algemene Vereniging van de Geneesmiddelenindustrie
- Filing: 2020-12-04 · Algemene Vereniging van de Geneesmiddelenindustrie
- General meeting: 2020-05-13 · Algemene Vereniging van de Geneesmiddelenindustrie
- Auditor appointment: role: commissaris, term: drie jaar, start_date: 2020-05-13 · KPMG Bedrijfsrevisoren BV CVBA
- Permanent representative · Johan Heylen
- Officer appointment: role: algemeen directeur, start_date: 2020-10-01 · Facing BV
- Officer resignation: role: algemeen directeur ad interim, end_date: 2020-09-30 · Ann Adriaensen
- Permanent representative · Caroline Ven
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | FACING |