OPENING OF BANKRUPTCY

FACETWO

Financial year 2019 · closed on 30/06/2019
Net result
-24 k €
+33.1% YoY
Gross margin
-19,7 k €
+47.3% YoY
Equity
-36,2 k €
-197.0% YoY

Company — Opening of bankruptcy.

What does FACETWO do?

FACETWO is a Private limited company incorporated in 2016. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Wingene.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0655.976.851
Incorporation
03/06/2016
Legal form
Private limited company
Registered office
Flandria 1
8750 Wingene · FlandreSee on map
Latest accounts
30/06/2019
Joint committees (2)
  • 124
  • 200
Signals
Good liquidity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

201920182017
Income statement
Gross margin-19,7 k €-37,4 k €98,8 k €
EBITDA-20,3 k €-39,9 k €91,6 k €
Operating result-19,2 k €-28,3 k €27,9 k €
Net result-24 k €-35,9 k €17,5 k €
Balance sheet
Equity-36,2 k €-12,2 k €23,7 k €
Total assets282,8 k €263,4 k €613 k €
Cash7,5 k €2,3 k €34,4 k €
Debts319 k €275,5 k €589,3 k €
Other
Workforce0,1 ETP
Governance

Board of directors

Seen on filing of 30/06/2019 · 1 active · 1 ended

Active mandates

NBCI

Manager · 0849.380.203

Represented by Daevy Nuyttens

Active

Ended mandates

JL-SOLUTIONS

Manager · 0807.794.917

Represented by Johny Leroy

Ended
At this address

Other companies at this address

CompanyCBE no.
NBCIBankrupt
0849.380.203
OCULARActive
0477.501.504
Annual accounts

Full financial information

201920182017
Type of accountMicro modelMicro modelAbridged model
Start of the financial year01/07/201801/07/201703/06/2016
Closing of the financial year30/06/201930/06/201830/06/2017
Length of the financial year12 months12 months13 months
Filing date31/01/202015/01/201915/01/2018
General meeting16/11/201917/11/201818/11/2017
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/201916/11/201931/01/2020DutchPDF
Micro model30/06/201817/11/201815/01/2019DutchPDF
Abridged model30/06/201718/11/201715/01/2018DutchPDF
Estimate

Indicative valuation

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 30/06/2019 · 1 active · 1 ended

Active mandates

NBCI

Manager · 0849.380.203

Represented by Daevy Nuyttens

Active

Ended mandates

JL-SOLUTIONS

Manager · 0807.794.917

Represented by Johny Leroy

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other15/07/2020
    WIJZIGING RECHTSVORM - BOEKJAAR
    PDF
  • Mandates03/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/11/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other20/06/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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. 2019
    Annual accounts 2019-24 k €
  2. 2018
    Annual accounts 2018-35,9 k €
  3. 2017
    Annual accounts 201717,5 k €
  4. 03/06/2016
    IncorporationPrivate limited company