Equity
Equity fell by 96% in 3 years.
Equity fell by 96% in 3 years.
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Factivity pays its suppliers 10 days earlier than in 2024. Customers pay 19 days earlier.
The 2023 accounts came latest: 14 days after the end of the period.
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
The dashed line is the sector median: 0.1% across 25,930 companies (NACE 62, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 62, micro). It does better than 12% of them on solvency, 4% on liquidity, 15% on profitability and 21% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 849 companies had the same profile as Factivity has now. Each dot stands for 3 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Factivity itself is lower: 0.3% within 12 months. It rests on far more data about Factivity than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 849 companies, not a prediction for Factivity. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.05 (1.1 in 2024), below the usual 1.5. Short-term debt is 95.5% and cash 5.5% of total assets. 95.5% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 4 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Factivity Edegem | €92,936 | €2,554 | 4.5% | - |
| Braindrop Zemst | €107,373 | €2,530 | 93.0% | - |
| VULPIS RES Mechelen | €75,881 | €2,953 | 96.8% | - |
| CLICKETYCLICK Herselt | €76,457 | €2,419 | 28.3% | - |
| TRANSFERUNIQUE Lummen | €78,795 | €2,197 | 66.2% | - |
| The Shape of Data Sint-Truiden | €82,884 | €3,002 | 75.2% | - |
| DataMindIT Hasselt | €129,826 | €2,351 | 66.0% | - |
These companies have the same main activity as Factivity: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €75,900 and €130,000, founded between 2016 and 2020.
Factivity has existed since 2019. Turnover fell from €514,218 in 2020 to €290,625 in 2025.
Turnover has fallen every year since 2022.
QUADRANT COMMUNICATIONS holds 85% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 20% of 1,691 companies in 2025.
Higher than 29% of 1,658 companies in 2025.
Higher than 21% of 1,673 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
92,936 | 125,294 | 141,013 | 225,315 | 196,291 | 157,375 | |
21/28 |
- | - | - | 162 | 1,342 | 3,042 | |
22/27 |
- | - | - | 162 | 1,342 | 2,532 | |
23 |
- | - | - | 162 | 1,342 | 2,532 | |
28 |
- | - | - | - | - | 510 | |
29/58 |
92,936 | 125,294 | 141,013 | 225,153 | 194,949 | 154,333 | |
40/41 |
86,882 | 119,287 | 133,211 | 205,485 | 180,406 | 139,348 | |
40 |
86,882 | 114,392 | 111,748 | 118,023 | 107,961 | 82,173 | |
41 |
- | 4,895 | 21,462 | 87,462 | 72,445 | 57,175 | |
54/58 |
5,150 | 5,150 | 5,151 | 19,221 | 13,748 | 14,469 | |
490/1 |
904 | 856 | 2,651 | 447 | 795 | 516 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
92,936 | 125,294 | 141,013 | 225,315 | 196,291 | 157,375 | |
10/15 |
4,170 | 11,433 | 86,943 | 106,585 | 91,263 | 71,168 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 18,600 | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | |
13 |
6,200 | 6,200 | 24,300 | 43,800 | 28,800 | 51,860 | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 1,860 | |
130 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | |
1311 |
- | - | - | - | - | 1,860 | |
133 |
- | - | 18,100 | 37,600 | 22,600 | 50,000 | |
14 |
-64,030 | -56,767 | 643 | 785 | 463 | 708 | |
17/49 |
88,766 | 113,861 | 54,070 | 118,729 | 105,028 | 86,207 | |
42/48 |
88,766 | 113,861 | 54,070 | 90,244 | 105,028 | 83,389 | |
44 |
32,516 | 53,544 | 47,263 | 55,391 | 57,499 | 44,587 | |
440/4 |
32,516 | 53,544 | 47,263 | 55,391 | 57,499 | 44,587 | |
45 |
8,491 | 6,287 | 6,807 | 34,853 | 47,529 | 38,802 | |
450/3 |
8,491 | 6,287 | 6,009 | 28,319 | 41,725 | 33,052 | |
454/9 |
- | - | 797 | 6,534 | 5,804 | 5,750 | |
47/48 |
47,758 | 54,031 | - | - | - | - | |
492/3 |
- | - | - | 28,486 | - | 2,817 | |
| Income statement | |||||||
70 |
290,625 | 326,615 | 354,215 | 460,922 | 424,819 | 514,218 | |
9900 |
2,554 | -52,885 | 25,184 | 80,252 | 72,961 | 179,353 | |
60/61 |
288,071 | 379,527 | 329,031 | 381,524 | 353,228 | 348,517 | |
62 |
- | 19,702 | 37,423 | 56,434 | 41,360 | 95,117 | |
630 |
- | - | 162 | 1,180 | 1,190 | 1,759 | |
631/4 |
5,624 | - | 5,250 | - | 1,500 | - | |
640/8 |
659 | 689 | 1,748 | 323 | 1,325 | 1,716 | |
9901 |
-3,729 | -73,277 | -19,399 | 22,315 | 27,586 | 80,760 | |
75/76B |
- | - | 831 | 154 | 118 | 44 | |
75 |
- | - | 831 | 154 | 118 | 44 | |
65/66B |
3,534 | 2,234 | 1,080 | 653 | 764 | 1,736 | |
65 |
3,534 | 2,234 | 1,080 | 653 | 764 | 1,736 | |
9903 |
-7,263 | -75,510 | -19,648 | 21,816 | 26,940 | 79,068 | |
67/77 |
- | - | -6 | 6,494 | 6,846 | 26,500 | |
9904 |
-7,263 | -75,510 | -19,642 | 15,323 | 20,094 | 52,568 | |
9905 |
-7,263 | -75,510 | -19,642 | 15,323 | 20,094 | 52,568 | |
| Appropriation of the result | |||||||
9906 |
-64,030 | -74,867 | -18,857 | 15,785 | 20,803 | 52,568 | |
14P |
-56,767 | 643 | 785 | 463 | 708 | - | |
791/2 |
- | 18,100 | 19,500 | - | - | - | |
691/2 |
- | - | - | 15,000 | 20,340 | 51,860 | |
6920 |
- | - | - | - | 4,340 | 1,860 | |
6921 |
- | - | - | 15,000 | 16,000 | 50,000 | |
| Social balance sheet | |||||||
9087 |
- | 0.8 | 0.7 | 0.9 | 1 | 1.2 | |
Hours worked1013 |
- | 964 | 1,147 | 1,572 | 1,756 | 3,835 | |
| Document | |||||||
Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 27-07-2026 | 2026-00342843 | |
| 31-12-2024 | abbreviated format | 07-07-2025 | 2025-00250285 | |
| 31-12-2023 | abbreviated format | 14-08-2024 | 2024-00350814 | |
| 31-12-2022 | abbreviated format | 04-08-2023 | 2023-00313062 | |
| 31-12-2021 | abbreviated format | 04-08-2022 | 2022-20273104 | |
| 31-12-2020 | abbreviated format | 12-07-2021 | 2021-34500002 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| - | - | -19,238 | 23,495 | 28,776 | 82,519 | ||
| - | - | -19,481 | 16,503 | 21,284 | 54,328 | ||
| - | - | 0 | 0 | -510 | 4,080 | ||
| 0 | -1 | -14,070 | 5,473 | -721 | - | ||
| 4,170 | 11,433 | 86,943 | 134,910 | 89,921 | 70,944 | ||
| -1.3% | -22.4% | -5.5% | 4.8% | 6.5% | 15.7% | ||
| 4.5% | 9.1% | 61.7% | 47.3% | 46.5% | 45.2% | ||
| 1.05 | 1.10 | 2.61 | 2.49 | 1.86 | 1.85 | ||
| 21.29 | 9.96 | 0.62 | 1.11 | 1.15 | 1.21 | ||
| -174.2% | -660.5% | -22.6% | 14.4% | 22.0% | 73.9% | ||
| -7.8% | -60.3% | -13.9% | 6.8% | 10.2% | 33.4% | ||
| - | - | -17.81 | 35.97 | 37.68 | - | ||
| 109 days | 128 days | 115 days | 93 days | 93 days | 58 days | ||
| 41 days | 51 days | 52 days | 53 days | 59 days | 47 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 | 1 |
| in full-time equivalents | 1 | 1 | 1 | 1 |
| 0.8 | 0.7 | 0.9 | 1 | |
| On a permanent contract | 1 | 1 | 1 | 1 |
| Joined | 1 | 1 | 1 | - |
| Left | 1 | 1 | 1 | - |
| Training hours | 78 | 400 | 300 | 8 |
Source: social balance sheet in the 2021 to 2024 annual accounts
The operating result for 2025 is a loss of €3,729, smaller than the loss of €73,277 in 2024.
Debt's share of the balance-sheet total rises from 90.9% to 95.5%. Equity and debt are lower.
c) Instemming van de enige bestuurder (artikel 17) Er is geen instemming van de enige bestuurder vereist voor een sta- tutenwijziging, voor een uitkering aan de aandeelhouder(s) of voor zijn ontslag. d) Externe vertegenwoordigingsmacht (artikel 24) 1. De vennootschap wordt in en buiten rechte rechtsgeldig verbonden door de enige bestuurder. 2. Binnen de grenzen van het dagelijks bestuur wordt de vennootschap ook in en buiten rechte geldig vertegenwoordigd door de dagelijks bestuurder(s) die alleen handelen. 3. Bovendien wordt de vennootschap rechtsgeldig verbonden door bijzondere gevolmachtigden binnen de perken van de hun verleende volmacht. 4. In alle akten die de vennootschap verbinden, moet onmiddellijk voor of na de handtekening van de persoon die de vennootschap vertegenwoordigt, worden vermeld in welke hoedanigheid hij optreedt. 5. Wanneer de vennootschap zelf een mandaat opneemt van lid van een bestuursorgaan of van dagelijks bestuurder, benoemt zij een natuurlijke persoon als vaste vertegenwoordiger die wordt belast met de uitvoering van dat mandaat in naam en voor rekening van de vennootschap.
Further up the chainCrossPoint Solutions 80%De Cronos Groep 100%Nuclys 95.22%
Source: shareholder structure in its own accounts, parent in its own accounts
Source: list of holdings in the 2025 accounts of QUADRANT COMMUNICATIONS. Every holding stands with its own latest accounts.
Part of the group Nuclys Group, risk and exposure| Geo Investment Square
registered office since 11-03-2021 · founded in 2021 |
turnover €1.1m (2025) 0764.933.486 |
| NEORIA
registered office since 26-11-2008 · founded in 2008 · group Nuclys |
19 FTE (2025) 0808.064.240 |
| NATAB
registered office since 07-08-2009 · founded in 2009 |
total assets €24.0m (2025) 0817.385.742 |
| Asteria II
registered office since 10-11-2021 · founded in 2021 |
total assets €22.1m (2025) 0777.263.275 |
| GEO SQUARE
registered office since 15-06-2004 · founded in 2004 · group Geo Investment Square |
5.5 FTE (2025) 0863.846.267 |
| i-Move
registered office since 30-10-2006 · founded in 2006 · group Geo Investment Square |
turnover €899,513 (2025) 0884.158.166 |
| GEO SOLUTIONS
registered office since 10-05-2007 · founded in 2007 · group Geo Investment Square |
80 FTE (2025) 0888.908.493 |
| GeoSquare Procurement
registered office since 08-02-2019 · founded in 2019 · group Geo Investment Square |
turnover €9.6m (2025) 0720.490.957 |
| Suivo
registered office since 09-11-2009 · founded in 2009 · group Geo Investment Square |
34 FTE (2025) 0820.531.116 |
| Quintessence Consulting
establishment since 18-07-1997 · founded in 1997 · group World of Talents |
14 FTE (2025) 0461.056.836 |
| Ucodes via CrossPoint Solutions, no longer at Ucodes · Director · deed of 14-05-2021 No longer active |
turnover €19,840 (2023) |
| REDMOJO via CrossPoint Solutions, no longer at REDMOJO · Director · deed of 05-08-2022 No longer active |
total assets €1,016 (2024) |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Prins Boudewijnlaan 41 registered office 2650 Edegem | 23-01-2019 | 2.287.911.581 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11472C0420/00G000 | 1.5 ha | 1 · 2,155 m² | 15.3 m · 3 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
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