FABLAB FACTORY
ActiveFABLAB FACTORY has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €223k and a net result of €77k. Equity is growing by ~34.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 1029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-11
Solvency58▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.37 in 2024; short-term debt: 52.9% and cash: 27.9% of total assets), but 67.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.8%
Return on assets
11.4%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
103 d late
2022
70 d late
2021
88 d late
2020
90 d late
2019
121 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€223k▲ 53.3%
2024 · €145k
2021: €114k
2022: €60k
2023: €49k
2024: €145k
2021 → 2025
Total assets
€681k▲ 43.0%
2024 · €476k
2021: €341k
2022: €319k
2023: €304k
2024: €476k
2021 → 2025
Net result
€77k▼ 19.9%
2024 · €97k
2021: €34k
2022: €-53k
2023: €-12k
2024: €97k
2021 → 2025
Working capital
€208k▲ 124%
2024 · €93k
2021: €52k
2022: €-25k
2023: €-51k
2024: €93k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€114k-€60k▼ 46.9%€49k▼ 19.3%€145k▲ 199%€223k▲ 53.3%
Operating result€38k-€-51k€-11k▲ 78.5%€100k€80k▼ 19.6%
Net result€34k-€-53k€-12k▲ 78.2%€97k€77k▼ 19.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €681k
Fixed assets
€112k▼ 15.8%
Current assets
€569k▲ 65.8%
Equity and liabilities €681k
Equity
€223k▲ 53.3%
Debt
€458k▲ 38.5%
The debt ratio falls from 69.4% to 67.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€154k▼
2024 · €168k
Cash flow
€152k▼
2024 · €165k
Solvency
32.8%▲
2024 · 30.6%
Current ratio
1.58▲
2024 · 1.37
Quick ratio
1.28▲
2024 · 1.10
Debt / equity
2.05▼
2024 · 2.27
ROE
34.8%▼
2024 · 66.5%
ROA
11.4%▼
2024 · 20.3%
Interest coverage
21.41▼
2024 · 52.52
Debt
€458k▲
2024 · €331k
Debt ≤ 1 year
€360k▲
2024 · €250k
Debt > 1 year
€80k=
2024 · €80k
Staff costs
€26k▼
2024 · €64k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€476k€681k▲
Formation expenses20€0-
Fixed assets21/28€133k€112k▼
Intangible fixed assets21€117k€82k▼
Tangible fixed assets22/27€16k€28k▲
Plant, machinery and equipment23€13k€19k▲
Furniture and vehicles24€101€10k▲
Other tangible fixed assets26€4k-
Financial fixed assets28-€2k
Current assets29/58€343k€569k▲
Stocks and contracts in progress3€69k€108k▲
Stocks30/36€69k€108k▲
Amounts receivable within one year40/41€179k€191k▲
Trade receivables40€179k€183k▲
Other amounts receivable41-€8k
Cash at bank and in hand54/58€94k€190k▲
Deferred charges and accrued income490/1€1k€80k▲
Equity and liabilities
Total equity and liabilities10/49€476k€681k▲
Equity10/15€145k€223k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€123k€201k▲
Amounts payable17/49€331k€458k▲
Amounts payable after more than one year17€80k€80k=
Financial debts170/4€80k€80k=
Amounts payable within one year42/48€250k€360k▲
Trade debts44€60k€155k▲
Suppliers440/4€60k€155k▲
Taxes, remuneration and social security45€38k€41k▲
Taxes450/3€38k€39k▲
Remuneration and social security454/9€0€2k▲
Other amounts payable47/48€152k€164k▲
Accrued charges and deferred income492/3€677€17k▲
Income statement
Code20242025
Remuneration, social security and pensions62€64k€26k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69k€74k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€8k
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€234k€194k▼
Operating profit (loss)9901€100k€80k▼
Financial income75/76B€210€5k▲
Recurring financial income75€210€5k▲
Non-recurring financial income76B-€0
Financial charges65/66B€3k€8k▲
Recurring financial charges65€3k€7k▲
Non-recurring financial charges66B-€554
Profit (loss) for the period before taxes9903€97k€77k▼
Profit (loss) for the period9904€97k€77k▼
Profit (loss) for the period to be appropriated9905€97k€77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€123k€201k▲
Profit (loss) brought forward from the previous period14P€27k€123k▲
Social balance
Average headcount (FTE)90870.70.8▲
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Equity above €200kEq €223k ▲53.3%
2 profitable years in a row build equity to €223k.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Back to profitnet €97k
Net result €97k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €145k ▲199%
Equity rises from €49k to €145k.
11-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 103 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
2022
31-12
Financial
Weakest financial yearnet €-53k ▼257%
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 88 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 121 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst · 3 establishment units since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Capucienenlaan 889300 AalstGround area
1.3 ha
Building footprint
2,706 m²
Volume, LiDAR
15,062 m³
3 parcels, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
FABLAB FACTORY
since 20182.278.104.683
Wijngaardveld 23, 9300 Aalst
since 20252.380.744.937
Wijngaardveld 9, 9300 Aalst
since 20252.380.745.135
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41303D0106/00G000 | Flanders | 9,975 m² | 1 · 1,864 m² | 8.9 m · 2 fl. |
| 41303D0136/00H000 | Flanders | 3,005 m² | 1 · 761 m² | 7.6 m · 2 fl. |
| 41002B0210/00N000 | Flanders | 145 m² | 1 · 82 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 5 entries · 45,430 EUR awarded · 45,430 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | 9,378 EUR | 21,878 EUR |
| 2022 | 3 | 36,052 EUR | 23,552 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
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Of 863 companies in sector 95100 we hold annual accounts for 265. 190 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded31-07-2018
Fiscal year end31-12
Activities, NACEBEL
46649Wholesale of other machinery and equipment
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
73110Advertising agencies
73120Media representation
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:fablabfactory.com
E-mail:stijn@fablabfactory.com