De Factorij
ActiveSummary
De Factorij has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €88,064. Equity is growing by about 8% per year across the filed financial years. Its solvency ranks better than 74% of 9,811 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Staff
- 3.7 FTE
- Equity
- €1.4m
- Profit
- €88,064
- GUSJ. BVDirector · permanent representative vAN dE VEN,Josephus Adrianus Petrus Maria
- Brent Verheyen BVManaging director
Why 90raises riskLiquidity: current ratio 3.91, cash €6,391, halvedlowers riskFounded in 1996Equity €1.4m (67.8% of total assets)Size: 3.7 FTE, total assets €2.0mShow the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 73% on solvency, 39% on liquidity, 57% on profitability and 59% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 11 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Appointments: BV GUSJ (director) and BV…Permanent representative: Brent Verheyen ·…
- Capital & shares · RestructuringDemerger · Accounting effect ·…
- Annual accounts filedfinancial year 2025 · abbreviated…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 13% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,041 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €270,564 | €291,487 | €217,943 | €207,593 | ▼ 4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,765 | €22,584 | €24,872 | €22,352 | €8,714 | €14,224 | €10,901 | ▼ 23.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €0 | - |
| Other operating charges640/8 | - | - | - | €24,189 | €2,685 | €6,594 | €4,288 | ▼ 35.0% |
| Gross operating margin9900 | €124,529 | €191,562 | €362,477 | €497,356 | €401,127 | €389,096 | €353,539 | ▼ 9.1% |
| Operating profit (loss)9901 | €19,037 | €57,980 | €101,810 | €180,251 | €98,241 | €150,335 | €130,757 | ▼ 13.0% |
| Financial income75/76B | - | - | - | €12,928 | €15,036 | €12,601 | €13,355 | ▲ 6.0% |
| Recurring financial income75 | €12,430 | €16,601 | €3,006 | €12,928 | €15,036 | €12,601 | €13,355 | ▲ 6.0% |
| Financial charges65/66B | - | - | - | €25,723 | €28,500 | €30,420 | €24,743 | ▼ 18.7% |
| Recurring financial charges65 | €20,535 | €28,945 | €27,302 | €25,723 | €28,500 | €30,420 | €24,743 | ▼ 18.7% |
| Profit (loss) for the period before taxes9903 | €10,932 | €45,635 | €77,513 | €167,456 | €84,776 | €132,516 | €119,369 | ▼ 9.9% |
| Income taxes67/77 | - | - | €4,421 | €44,834 | €22,994 | €34,824 | €31,305 | ▼ 10.1% |
| Profit (loss) for the period9904 | €10,932 | €45,635 | €73,092 | €122,621 | €61,782 | €97,692 | €88,064 | ▼ 9.9% |
| Profit (loss) for the period to be appropriated9905 | €10,932 | €45,635 | €73,092 | €122,621 | €61,782 | €97,692 | €88,064 | ▼ 9.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.9m | €2.2m | €2.2m | €2.2m | €2.1m | €2.2m | €2.0m | ▼ 10.7% |
| Fixed assets21/28 | €0.09m | €0.09m | €0.07m | €0.05m | €0.04m | €0.03m | €0.08m | ▲ 158% |
| Tangible fixed assets22/27 | €0.09m | €0.09m | €0.07m | €0.05m | €0.04m | €0.03m | €0.08m | ▲ 158% |
| Land and buildings22 | - | - | - | €0.04m | €0.03m | €0.02m | €0.02m | ▼ 26.5% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.001m | €0.001m | €0.001m | ▼ 14.9% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.009m | €0.005m | €0.06m | ▲ 11× |
| Current assets29/58 | €1.9m | €2.1m | €2.1m | €2.2m | €2.1m | €2.2m | €1.9m | ▼ 13.1% |
| Stocks and contracts in progress3 | €0.6m | €0.6m | €0.7m | €0.7m | €0.7m | €0.8m | €0.8m | ▼ 5.0% |
| Stocks30/36 | - | - | - | €0.7m | €0.7m | €0.8m | €0.8m | ▼ 5.0% |
| Amounts receivable within one year40/41 | €1.2m | €1.3m | €1.3m | €1.3m | €1.2m | €1.2m | €1.1m | ▼ 8.2% |
| Trade receivables40 | - | - | - | €0.1m | €0.09m | €0.1m | €0.02m | ▼ 86.4% |
| Other amounts receivable41 | - | - | - | €1.2m | €1.1m | €1.1m | €1.1m | ▲ 0.5% |
| Cash at bank and in hand54/58 | €0.03m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.006m | ▼ 95.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.01m | €0.01m | €287 | ▼ 97.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.9m | €2.2m | €2.2m | €2.2m | €2.1m | €2.2m | €2.0m | ▼ 10.7% |
| Equity10/15 | €0.9m | €0.9m | €1.0m | €1.1m | €1.2m | €1.3m | €1.4m | ▲ 7.0% |
| Contributions10/11 | €0.06m | €0 | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Contributions outside capital11 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Other1109/19 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.8m | €0.8m | €0.9m | €1.0m | €1.1m | €1.2m | €1.3m | ▲ 7.3% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves not available under the articles1311 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Distributable reserves133 | - | - | - | €1.0m | €1.1m | €1.2m | €1.3m | ▲ 7.4% |
| Amounts payable17/49 | €1.1m | €1.3m | €1.2m | €1.1m | €1.0m | €1.0m | €0.6m | ▼ 33.8% |
| Amounts payable after more than one year17 | €0.1m | €0.08m | €0.06m | €0.02m | €0 | €0.2m | €0.2m | ▼ 22.2% |
| Financial debts170/4 | - | - | - | €0.02m | €0 | €0.2m | €0.2m | ▼ 22.2% |
| Amounts payable within one year42/48 | €0.9m | €1.2m | €1.2m | €1.1m | €0.9m | €0.8m | €0.5m | ▼ 36.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.3m | €0.3m | €0.05m | €0.04m | ▼ 17.7% |
| Trade debts44 | €0.08m | €0.1m | €0.2m | €0.3m | €0.3m | €0.4m | €0.2m | ▼ 63.3% |
| Suppliers440/4 | - | - | - | €0.3m | €0.3m | €0.4m | €0.2m | ▼ 63.3% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €0.02m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.2m | €0.08m | €0.09m | ▲ 13.2% |
| Taxes450/3 | - | - | - | €0.09m | €0.09m | €0.05m | €0.05m | ▼ 0.3% |
| Remuneration and social security454/9 | - | - | - | €0.05m | €0.06m | €0.03m | €0.04m | ▲ 36.3% |
| Other amounts payable47/48 | - | - | - | €0.4m | €0.2m | €0.2m | €0.2m | ▼ 8.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €0.01m | €0.009m | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,932 | €45,635 | €73,092 | €122,621 | €61,782 | €97,692 | €88,064 | ▼ 9.9% |
| + Depreciation and write-downs630 | €30,765 | €22,584 | €24,872 | €22,352 | €8,714 | €14,224 | €10,901 | ▼ 23.4% |
| Operating cash flow (approximation) | €41,697 | €68,219 | €97,964 | €144,973 | €70,496 | €111,916 | €98,964 | ▼ 11.6% |
| Investment in fixed assets (approximation) | - | -€19,497 | -€10,472 | €0 | €0 | -€2,688 | -€59,500 | ▼ 2,113% |
| Change in cash | - | €160,788 | -€12,733 | -€15,937 | -€34,354 | €9,927 | -€135,839 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | abbreviated format | 23-12-2025 | 2025-00588401 |
| 30-06-2024 | abbreviated format | 29-01-2025 | 2025-00013838 |
| 30-06-2023 | abbreviated format | 30-01-2024 | 2024-00010893 |
| 30-06-2022 | abbreviated format | 26-01-2023 | 2023-00004528 |
| 30-06-2021 | abbreviated format | 14-02-2022 | 2022-05500009 |
| 30-06-2020 | micro format | 01-02-2021 | 2021-03200171 |
| 30-06-2019 | abbreviated format | 20-12-2019 | 2019-76700030 |
| 30-06-2018 | abbreviated format | 15-02-2019 | 2019-05000563 |
| 30-06-2017 | abbreviated format | 30-01-2018 | 2018-02700065 |
| 30-06-2016 | abbreviated format | 27-01-2017 | 2017-02200413 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Day-to-day management 1
Permanent representatives 2
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| GUSJ. BV |
|
| Brent Verheyen BV |
|
| vAN dE VEN,Josephus Adrianus Petrus Maria |
|
Owners and capital
Capital and shareholders
- van de Ven Sjors 1 share · 0.1%
- van de Ven Guus 1 share · 0.1%
- van de Ven Josephus 1,248 shares · 100%
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 23-02-2026 Capital reduction of €47,406.27 · to €14,593.73
- 23-02-2026 Capital increase of €46,906.27 · to €61,500 · from reserves
- 16-12-2025 Capital stated in 2 acts · €62,000 · 1,250 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
Acquisitions and mergers
1 transactionHistory
Acts, filings and financial milestones
05-05
Gazette deed
Appointments: BV GUSJ (director) and BV Brent Verheyen (director)Permanent representative: Brent Verheyen · Resignation: Josephus Van de Ven (managing director) · Power of attorney8 facts ▸
- General meeting, 01-02-2026 (2 times)
- Director appointment, BV GUSJ (director (not named in the articles))
- Director appointment, BV Brent Verheyen (director (not named in the articles))
- Permanent representative, Brent Verheyen
- Board meeting, 01-02-2026 (2 times)
- Director resignation, Josephus Van de Ven (managing director)
- Director appointment, BV Brent Verheyen (managing director)
- Power of attorney, NV Acs Accountants
23-02
Gazette deed
Capital & shares · RestructuringDemerger · Accounting effect · Capital decrease8 facts ▸
- General meeting, 30-01-2026
- Demerger, “partiële splitsing, artikel 12:8 en volgende van het Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Accounting effect, 01-07-2025
- Capital decrease, €47,406.27
- Share issue, 1250, 1250
- Capital increase, €46,906.27
- Capital, €61,500
- Power of attorney
16-12
Gazette deed
Capital & shares · Resignations & appointments · RestructuringPermanent representative: van de Ven Josephus · Appointment: van de Ven Josephus (director) · Capital22 facts ▸
- Capital, €62,000
- Shareholding, 1, 0.08 (4 times)
- Shareholding, 1248, 99.98 (2 times)
- Demerger, 27-06-2025
- Other provision, “bestuursorgaan van de Verkrijgende Vennootschap, wijze waarop de aandelen in de verkrijgende vennootschap worden uitgereikt” (deed in Dutch)
- Other provision, “datum vanaf wanneer de aandelen recht geven op winstdeelname, inclusief de winst welke voortvloeit uit de handelingen gesteld door de Partieel te Splitsen Venno…” (deed in Dutch)
- Accounting effect, 01-06-2025
- Other provision, “aandeelhouders met bijzondere rechten en houders van andere effecten dan aandelen, aan ieder aandeel worden gelijke winstrechten toegekend” (deed in Dutch)
- Other provision, “bijzondere verslaggeving” (deed in Dutch)
- Other provision, “toekenning van bijzondere voordelen aan de leden van de bestuursorganen van de betrokken vennootschappen, voorgestelde bestuursmandaat van de heer van de Ven Jo…” (deed in Dutch)
- Other provision, “fiscale uitwerking” (deed in Dutch)
- Other provision, “bestuursorgaan van de Partieel te Splitsen Vennootschap, ter griffie van de ondernemingsrechtbank die territoriaal bevoegd is voor de plaats van haar zetel” (deed in Dutch)
- +10 further facts in this act
12-01
Gazette deed
Resignations: vAN dE VEN,Josephus Adrianus Petrus Maria (director) and GUSJ. (director)Permanent representative: vAN dE VEN,Josephus Adrianus Petrus Maria · Appointment: GUSJ. (director) · Amendment of the articles8 facts ▸
- Amendment of the articles (2 times)
- Capital, €62,000
- Director resignation, vAN dE VEN,Josephus Adrianus Petrus Maria (director)
- Director resignation, GUSJ. (director)
- Permanent representative, vAN dE VEN,Josephus Adrianus Petrus Maria
- Board rule, “enige bestuursmodel activeren, algemene vergadering” (deed in Dutch)
- Director appointment, GUSJ. (director (not named in the articles))
- Registered office clause, “2470 Retie,Biezenstraat 1” (deed in Dutch)
Show earlier events
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13036A0570/00S000 | Flanders | 1.7 ha | 1 · 3,168 m² | 8.7 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De groot- en kleinhandel, import en export, almede de opslag van meubelen en meubileringsartikelen, bouwmaterialen, antiquiteiten en…” (deed in Dutch)deed of 16-12-2025
Text of the purpose (deed in Dutch)
“De groot- en kleinhandel, import en export, almede de opslag van meubelen en meubileringsartikelen, bouwmaterialen, antiquiteiten en brocanterie evenals het restaureren van laatstgenoemde.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimiteddeed of 12-01-2024
- Name clauseThe name the company operates under according to its articles.
- De Factorijdeed of 12-01-2024
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)deed of 12-01-2024
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- A managing director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Één enkele bestuurder,al dan niet in de statuten benoemd, collegiaal bestuursorgaan,raad van bestuur genoemd” (deed in Dutch)“Gewone algemene vergadering in boekjaar waarin mandaat volgens benoemingsbesluit verstrijkt, algemene vergadering waarop zij worden benoemd” (deed in Dutch)“Algemene vergadering, houdt onmiddellijk op na algemene vergadering die beraadslaagde over herverkiezing indien niet herbenoemd” (deed in Dutch)“Verplicht na ontslag verder te vervullen totdat in vervanging is voorzien binnen redelijke termijn, kennisgeving aan algemene vergadering” (deed in Dutch)“Overblijvende bestuurders mogen nieuwe bestuurder coöpteren, plaats openvalt vóór einde mandaat” (deed in Dutch)“Meest uitgebreide macht voor handelingen nodig of dienstig tot verwezenlijking voorwerp, tenzij waarvoor volgens wet of statuten algemene…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Thursday of November at 19:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Goederen nog in natura op zelfde wijze, na aanzuivering schulden,lasten,kosten of consignatie nodige gelden” (deed in Dutch)