ACTIVE

FACE

Financial year 2025 · closed on 31/12/2025
Net result
617 k €
+66.8% YoY
Revenue
30,4 M €
+26.0% YoY
Equity
3,8 M €
+19.3% YoY
Workforce
20,8 ETP
+19.5% YoY

What does FACE do?

FACE is a Private limited company incorporated in 1992. Its registered office is in Boom. It employs on average 20,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0448.180.481
Incorporation
11/09/1992
Legal form
Private limited company
Registered office
Hoek 76 box UNIT 301
2850 Boom · FlandreSee on map
Contributed capital
40 000,00 €
Latest accounts
31/12/2025
Average workforce
20,8 ETP
Joint committees (5)
  • 14901
  • 200
  • 2000
  • 20000
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820162015201420132012201120102009200820072006
Income statement
Revenue30,4 M €24,1 M €25 M €17,2 M €10,3 M €12,2 M €14,1 M €41,6 M €29,6 M €30,7 M €24,6 M €18,5 M €
EBITDA1,4 M €1,4 M €1,3 M €1,6 M €411,2 k €440,8 k €241,1 k €595,1 k €821 k €957 k €775,3 k €578,8 k €391 k €350,8 k €61,4 k €-64 k €84,1 k €144,9 k €71,9 k €
Operating result1,2 M €952,2 k €873,9 k €689,4 k €281,4 k €219,8 k €43,2 k €232,4 k €602 k €762,1 k €622,5 k €444,4 k €285,4 k €241,5 k €-52,1 k €-140,7 k €27 k €82 k €22,1 k €
Net result617 k €370 k €429,3 k €342,5 k €18,1 k €-309,3 k €-310,5 k €-90,1 k €113,7 k €300,7 k €236,3 k €177,6 k €28,8 k €66 k €228,4 k €-100,6 k €-3,3 k €39,6 k €-1,1 k €
Balance sheet
Equity3,8 M €3,2 M €2,8 M €2,4 M €2 M €2 M €2,3 M €2,6 M €2,7 M €2,6 M €2,3 M €980,8 k €803,2 k €774,4 k €708,4 k €480 k €580,6 k €583,9 k €544,3 k €
Total assets13,2 M €10,5 M €9,6 M €10,1 M €7,3 M €7,2 M €7 M €10,2 M €14,8 M €15,1 M €11,1 M €6,7 M €8,1 M €4,2 M €3,6 M €1,9 M €2,2 M €2,2 M €2,4 M €
Cash209 k €201,7 k €188,4 k €46,5 k €73,6 k €83 k €241,6 k €2,6 M €2,3 M €2 M €563,5 k €523 k €552,5 k €180,4 k €338,3 k €99,8 k €205,5 k €142,4 k €319,3 k €
Debts9,1 M €7,2 M €6,3 M €6,9 M €5,2 M €5 M €4,5 M €7,3 M €11,9 M €12,4 M €8,6 M €5,8 M €7,3 M €3,4 M €2,9 M €1,4 M €1,6 M €1,6 M €1,9 M €
Other
Workforce20,8 ETP17,4 ETP16,1 ETP16,9 ETP19,2 ETP22,0 ETP22,5 ETP24,3 ETP25,1 ETP21,2 ETP19,2 ETP18,6 ETP15,7 ETP16,5 ETP12,2 ETP9,0 ETP11,0 ETP11,5 ETP11,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

KAAN

Director · since 19 août 2010 · 0453.260.709

Represented by De Piere Karel

Active

Ended mandates

BV Kaan

Director · since 19 août 2010

Ended
KAAN

Manager · since 19 août 2010 · 0453.260.709

Ended
KAAN

Manager · since 19 août 2010 · 0453.260.709

Represented by KAREL DE PIERE

Ended
KAAN

Manager · since 19 août 2010 · 0453.260.709

Represented by Karel De Piere

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/12/202531/12/202431/12/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date24/07/202629/07/202511/07/202425/04/202313/04/202230/03/2021
General meeting17/07/202624/07/202528/06/202417/04/202316/03/202216/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202517/07/202624/07/2026DutchPDF
Full model31/12/202424/07/202529/07/2025DutchPDF
Full model31/12/202328/06/202411/07/2024DutchPDF
Full model30/09/202217/04/202325/04/2023DutchPDF
Full model30/09/202116/03/202213/04/2022DutchPDF
Full model30/09/202016/03/202130/03/2021DutchPDF
Full model30/09/201930/04/202030/04/2020DutchPDF
Full model30/09/201805/03/201925/03/2019DutchPDF
Full model31/12/201606/07/201720/07/2017DutchPDF
Full model31/12/201504/07/201628/07/2016DutchPDF
Full model31/12/201422/09/201530/09/2015DutchPDF
Full model31/12/201313/06/201424/06/2014DutchPDF
Abridged model31/12/201205/09/201305/09/2013DutchPDF
Abridged model31/12/201104/06/201203/07/2012DutchPDF
Abridged model31/12/201006/06/201130/06/2011DutchPDF
Abridged model31/12/200907/06/201030/06/2010DutchPDF
Abridged model31/12/200830/06/200928/07/2009DutchPDF
Abridged model31/12/200730/06/200823/07/2008DutchPDF
Abridged model31/12/200601/06/200722/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

KAAN

Director · since 19 août 2010 · 0453.260.709

Represented by De Piere Karel

Active

Ended mandates

BV Kaan

Director · since 19 août 2010

Ended
KAAN

Manager · since 19 août 2010 · 0453.260.709

Ended
KAAN

Manager · since 19 août 2010 · 0453.260.709

Represented by KAREL DE PIERE

Ended
KAAN

Manager · since 19 août 2010 · 0453.260.709

Represented by Karel De Piere

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring11/01/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates10/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates11/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/12/2017
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates03/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring17/10/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025617 k €
  2. 2024
    Annual accounts 2024370 k €
  3. 2023
    Annual accounts 2023429,3 k €
  4. 2022
    Annual accounts 2022342,5 k €
  5. 2021
    Annual accounts 202118,1 k €
  6. 2020
    Annual accounts 2020-309,3 k €
  7. 2019
    Annual accounts 2019-310,5 k €
  8. 2018
    Annual accounts 2018-90,1 k €
  9. 2016
    Annual accounts 2016113,7 k €
  10. 2015
    Annual accounts 2015300,7 k €
  11. 2014
    Annual accounts 2014236,3 k €
  12. 2013
    Annual accounts 2013177,6 k €
  13. 2012
    Annual accounts 201228,8 k €
  14. 2011
    Annual accounts 201166 k €
  15. 2010
    Annual accounts 2010228,4 k €
  16. 2009
    Annual accounts 2009-100,6 k €
  17. 2008
    Annual accounts 2008-3,3 k €
  18. 2007
    Annual accounts 200739,6 k €
  19. 2006
    Annual accounts 2006-1,1 k €
  20. 11/09/1992
    IncorporationPrivate limited company