FACTOR

Inactive

KBO/BCE: BE 0461.667.045

Inactive. The last annual accounts are for financial year 2024. The company was dissolved and wound up in a single deed on 25-04-2025.

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FACTORInactive

Report

Overview

Official details

Source: KBO

Status: Inactive deed of incorporation of 24-10-1997 · last publication under the heading End on 30-05-2025
Activity: No activity registered in the KBO
Joint committee: 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2021
Financial year end: 31 December
Peppol: Not found in the Peppol Directory

Company details

Board and ownership

Last known board

ArchipelDirector · until 2025
OPDEBEECKMarleenDirector · until 2025

Holdings: Shares in 1 company ARCHIPEL

Board & ownership

Financial position

No score

Annual accounts 2024

Gross margin: €40,955; ▲ 3.0%
Turnover: ≈ €160,000; estimated
Profit: €12,288; ▼ 24.1%
Equity: €125,936; ▲ 1.9%
Total assets: €219,485; ▲ 11.6%

Financials

Financials · financial year 2024, micro format

Annual accounts 2024 filed on 18-07-2025 PDF all 27 filings

Turnover

≈ €160,000

Estimated: probably between €99,000 and €300,000

Total assets

€219,485▲ 11.6%

2023 · €196,623

Net result

€12,288▼ 24.1%

2023 · €16,194

Working capital

-€61,032▼ 35.4%

2023 · -€45,070

Trend over the years

Last 5 years All years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result for 2024 is 25% lower than in 2023. It is the second fall in a row.

Turnover and resultEquity and debtWorking capitalStaff

Operating result€13,333 2024 Net result€12,288 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Every figure with its change against the financial year before

favourable unfavourable

Line2018201920202021202220232024

Operating result€7,297--€695-€12,828▼ 1,745%€3,590€31,955▲ 790%€17,674▼ 44.7%€13,333▼ 24.6%

Net result€1,904--€3,446-€15,956▼ 363%€20€29,762▲ 1,458×€16,194▼ 45.6%€12,288▼ 24.1%

Equity€142,675-€139,228▼ 2.4%€123,272▼ 11.5%€123,292=€123,454▲ 0.1%€123,648▲ 0.2%€125,936▲ 1.9%

Total assets€278,288-€262,486▼ 5.7%€246,644▼ 6.0%€213,379▼ 13.5%€212,499▼ 0.4%€196,623▼ 7.5%€219,485▲ 11.6%

Debt€133,813-€123,257▼ 7.9%€123,372▲ 0.1%€90,087▼ 27.0%€89,045▼ 1.2%€72,975▼ 18.0%€93,548▲ 28.2%

Working capital-€59,693--€67,526▼ 13.1%-€75,678▼ 12.1%-€66,499▲ 12.1%-€57,185▲ 14.0%-€45,070▲ 21.2%-€61,032▼ 35.4%

Staff (FTE)2.4-2▼ 16.7%1.3▼ 35.0%0.7▼ 46.2%

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €219,485

85.2%

14.8%

Fixed assets €186,968 ▲ 10.8%

Current assets €32,516 ▲ 16.5%

Equity and liabilities €219,485

57.4%

42.6%

Equity €125,936 ▲ 1.9%

Debt €93,548 ▲ 28.2%

Debt's share of the balance-sheet total rises from 37.1% to 42.6%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€30,533▼

2023 · €36,665

Cash flow

€29,489▼

2023 · €35,185

Current ratio

0.35▼

2023 · 0.38

Debt to equity

0.74▲

2023 · 0.59

ROE

9.8%▼

2023 · 13.1%

ROA

5.6%▼

2023 · 8.2%

Interest coverage

98.84▲

2023 · 33.16

Debt ≤ 1 year

€93,548▲

2023 · €72,975

Income taxes

€736▲

2023 · €392

Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet

Item	31-12-2021
Average over the year, in full-time equivalents	0.7
Joined	0
Left	1

Source: social balance sheet in the 2021 annual accounts

Investments

fixed assets acquired

Item	2021	2022	2023	2024
Tangible fixed assets	-	€7,381	€3,140	€21,520
Depreciation and write-downs of the year	€18,603	€17,541	€18,991	€17,200

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Last 5 years All years

Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines

Balance sheet Code20232024

Assets

Total assets20/58€196,623€219,485▲

Fixed assets21/28€168,718€186,968▲

Tangible fixed assets22/27€19,982€38,232▲

Land and buildings22€11,962€0▼

Furniture and vehicles24€8,020€38,232▲

Financial fixed assets28€148,736€148,736=

Current assets29/58€27,905€32,516▲

Amounts receivable within one year40/41€9,266€9,417▲

Trade receivables40€6,847€9,417▲

Other amounts receivable41€2,418€0▼

Cash at bank and in hand54/58€18,639€23,099▲

Equity and liabilities

Total equity and liabilities10/49€196,623€219,485▲

Equity10/15€123,648€125,936▲

Contributions10/11€123,947€123,947=

Capital10€123,947€123,947=

Issued capital100€123,947€123,947=

Reserves13€12,600€12,600=

Non-distributable reserves130/1€12,600€12,600=

Legal reserve130€12,600€12,600=

Distributable reserves133€0-

Profit (loss) carried forward14-€12,899-€10,610▲

Amounts payable17/49€72,975€93,548▲

Amounts payable after more than one year17€0-

Other amounts payable178/9€0-

Amounts payable within one year42/48€72,975€93,548▲

Current portion of amounts payable after more than one year42€0-

Trade debts44€129€17,724▲

Suppliers440/4€129€17,724▲

Taxes, remuneration and social security45€1,061€2,133▲

Taxes450/3€1,061€2,133▲

Other amounts payable47/48€71,786€73,690▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,991€17,200▼

Other operating charges640/8€3,097€7,526▲

Non-recurring operating charges66A-€2,896

Gross operating margin9900€39,762€40,955▲

Operating profit (loss)9901€17,674€13,333▼

Financial income75/76B€17€1▼

Recurring financial income75€17€1▼

Financial charges65/66B€1,106€309▼

Recurring financial charges65€1,106€309▼

Profit (loss) for the period before taxes9903€16,586€13,025▼

Income taxes67/77€392€736▲

Profit (loss) for the period9904€16,194€12,288▼

Profit (loss) for the period to be appropriated9905€16,194€12,288▼

Appropriation of the result

Profit (loss) to be appropriated9906€420-€610▼

Profit (loss) brought forward from the previous period14P-€15,774-€12,899▲

Transfer from equity791/2€2,681€0▼

Profit to be distributed694/7€16,000€10,000▼

Directors or managers695€16,000€10,000▼

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 18-07-2025.

Line	2018	2019	2020	2021	2022	2023	2024	Change
Remuneration, social security and pensions62	-	-	-	€63,378	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€24,004	€16,016	€20,242	€18,603	€17,541	€18,991	€17,200	▼ 9.4%
Other operating charges640/8	-	-	-	€2,734	€22,411	€3,097	€7,526	▲ 143%
Non-recurring operating charges66A	-	-	-	-	-	-	€2,896	-
Gross operating margin9900	€164,740	€124,224	€92,599	€88,304	€71,907	€39,762	€40,955	▲ 3.0%
Operating profit (loss)9901	€7,297	-€695	-€12,828	€3,590	€31,955	€17,674	€13,333	▼ 24.6%
Financial income75/76B	-	-	-	-	-	€17	€1	▼ 96.5%
Recurring financial income75	-	-	-	-	-	€17	€1	▼ 96.5%
Financial charges65/66B	-	-	-	€3,287	€2,193	€1,106	€309	▼ 72.1%
Recurring financial charges65	€3,264	€2,251	€2,814	€3,287	€2,193	€1,106	€309	▼ 72.1%
Profit (loss) for the period before taxes9903	€4,033	-€2,947	-€15,642	€303	€29,762	€16,586	€13,025	▼ 21.5%
Income taxes67/77	€2,129	€500	€314	€282	-	€392	€736	▲ 87.8%
Profit (loss) for the period9904	€1,904	-€3,446	-€15,956	€20	€29,762	€16,194	€12,288	▼ 24.1%
Profit (loss) for the period to be appropriated9905	€1,904	-€3,446	-€15,956	€20	€29,762	€16,194	€12,288	▼ 24.1%

Line	2018	2019	2020	2021	2022	2023	2024	Change
Assets
Total assets20/58	€278,288	€262,486	€246,644	€213,379	€212,499	€196,623	€219,485	▲ 11.6%
Fixed assets21/28	€249,710	€233,694	€213,453	€194,850	€184,690	€168,718	€186,968	▲ 10.8%
Tangible fixed assets22/27	€100,854	€84,838	€64,596	€45,994	€35,834	€19,982	€38,232	▲ 91.3%
Land and buildings22	-	-	-	€45,994	€28,978	€11,962	€0	▼ 100%
Furniture and vehicles24	-	-	-	-	€6,855	€8,020	€38,232	▲ 377%
Financial fixed assets28	€148,856	€148,856	€148,856	€148,856	€148,856	€148,736	€148,736	=
Current assets29/58	€28,578	€28,791	€33,192	€18,529	€27,810	€27,905	€32,516	▲ 16.5%
Amounts receivable within one year40/41	€27,488	€27,963	€32,935	€16,879	€13,749	€9,266	€9,417	▲ 1.6%
Trade receivables40	-	-	-	€9,548	€12,749	€6,847	€9,417	▲ 37.5%
Other amounts receivable41	-	-	-	€7,331	€1,000	€2,418	€0	▼ 100%
Cash at bank and in hand54/58	€1,089	€829	€257	€1,650	€14,061	€18,639	€23,099	▲ 23.9%
Equity and liabilities
Total equity and liabilities10/49	€278,288	€262,486	€246,644	€213,379	€212,499	€196,623	€219,485	▲ 11.6%
Equity10/15	€142,675	€139,228	€123,272	€123,292	€123,454	€123,648	€125,936	▲ 1.9%
Contributions10/11	€123,947	€123,947	€123,947	€123,947	€123,947	€123,947	€123,947	=
Capital10	-	-	-	€123,947	€123,947	€123,947	€123,947	=
Issued capital100	-	-	-	€123,947	€123,947	€123,947	€123,947	=
Reserves13	€18,728	€15,281	€15,281	€15,281	€15,281	€12,600	€12,600	=
Non-distributable reserves130/1	-	-	-	€12,600	€12,600	€12,600	€12,600	=
Legal reserve130	-	-	-	€12,600	€12,600	€12,600	€12,600	=
Distributable reserves133	-	-	-	€2,681	€2,681	€0	-	-
Profit (loss) carried forward14	-	-	-€15,956	-€15,936	-€15,774	-€12,899	-€10,610	▲ 17.7%
Provisions and deferred taxes16	€1,800	-	-	-	-	-	-	-
Amounts payable17/49	€133,813	€123,257	€123,372	€90,087	€89,045	€72,975	€93,548	▲ 28.2%
Amounts payable after more than one year17	€43,793	€26,940	€14,503	€5,059	€4,050	€0	-	-
Financial debts170/4	-	-	-	€1,009	-	-	-	-
Other amounts payable178/9	-	-	-	€4,050	€4,050	€0	-	-
Amounts payable within one year42/48	€88,270	€96,317	€108,869	€85,028	€84,995	€72,975	€93,548	▲ 28.2%
Current portion of amounts payable after more than one year42	-	-	-	€12,144	€1,009	€0	-	-
Financial debts43	-	-	-	€63,875	-	-	-	-
Credit institutions430/8	-	-	-	€63,875	-	-	-	-
Trade debts44	€14,238	€13,435	€18,775	€4,473	€2,973	€129	€17,724	▲ 137×
Suppliers440/4	-	-	-	€4,473	€2,973	€129	€17,724	▲ 137×
Taxes, remuneration and social security45	-	-	-	€4,395	€1,115	€1,061	€2,133	▲ 101%
Taxes450/3	-	-	-	€4,395	€1,115	€1,061	€2,133	▲ 101%
Other amounts payable47/48	-	-	-	€141	€79,898	€71,786	€73,690	▲ 2.7%

Line	2018	2019	2020	2021	2022	2023	2024	Change
Profit (loss) for the period9904	€1,904	-€3,446	-€15,956	€20	€29,762	€16,194	€12,288	▼ 24.1%
+ Depreciation and write-downs630	€24,004	€16,016	€20,242	€18,603	€17,541	€18,991	€17,200	▼ 9.4%
Operating cash flow (approximation)	€25,908	€12,570	€4,285	€18,623	€47,303	€35,185	€29,489	▼ 16.2%
Investment in fixed assets (approximation)	-	€0	€0	€0	-€7,381	-€3,020	-€35,450	▼ 1,074%
Change in cash	-	-€260	-€572	€1,393	€12,411	€4,579	€4,459	▼ 2.6%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 27 filings with the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2024	micro format	18-07-2025	2025-00285419	PDF
31-12-2023	micro format	15-07-2024	2024-00244404	PDF
31-12-2022	micro format	22-06-2023	2023-00148690	PDF
31-12-2021	micro format	23-06-2022	2022-20085895	PDF
31-12-2020	micro format	25-06-2021	2021-25200222	PDF
31-12-2019	micro format	26-06-2020	2020-21200328	PDF
31-12-2018	micro format	30-08-2019	2019-57500425	PDF
31-12-2017	micro format	10-08-2018	2018-45400047	PDF
31-12-2016	micro format	14-08-2017	2017-43600151	PDF
31-12-2015	abbreviated format	26-08-2016	2016-48700363	PDF

Show all 27 filings

Board & ownership

Directors

Last change in 2025

Office holders in the KBO →

Owners and capital

Shareholders

Stated in the act act of 30-05-2025 ↗

VANDAMMEFrans all shares

Mandate history

4 people, 0 in office

All 4 In office 0 Ended 4

Board
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
Archipel	Director, until 30-05-2025
OPDEBEECKMarleen	Director, until 30-05-2025
Opdebeeck Anna	Director, until 31-12-2023
Quaghebuer Kristiaan	Director, until 31-12-2023

See the board, name and registered office on a given date →

Network & group

Holdings and subsidiaries

1 holding

ARCHIPEL
Sourceown accounts 2024act 29-01-2025
Equity €28,291 Loss of €16,136 in 2025 (profit of €46,236 in 2024)

27.65%

Connections & network

See the function holders in the KBO register.

Timeline

Acts, filings and financial milestones

All 16Financial 3Gazette 3Filings 10

2025

18-07

NBB filing Annual accounts 2024 filedPDF

micro format · 13 days before the deadline

30-05

Gazette deed Dissolution with immediate closure of the liquidation

Resignations: ARCHIPEL (director) and OPDEBEECKMarleen (director) · Permanent representative: VANDAMMEFrans · Shareholding11 points ▸

VANDAMMEFrans holds all the shares
General meeting, “buitengewonealgemenevergadering, aanwezigofgeldigvertegenwoordigd” (deed in Dutch)
Dissolution, 25-04-2025
Other provision, “schuldenregelingeninstemmingartikel2:80WVV, artikel2:80WVV” (deed in Dutch)
Other provision, “geenvereffenaaraangeduid” (deed in Dutch)
Liquidation distribution
Director resignation, ARCHIPEL (director)
Permanent representative, VANDAMMEFrans (vastevertegenwoordiger)
Director resignation, OPDEBEECKMarleen (director)
Liquidation closure
Other provision, “stemming” (deed in Dutch)

Open the act in the Belgian Official Gazette

2024

23-09

Gazette deed Registered office moved from Berchem to Hove

Resignations: Opdebeeck Anna (director) and Quaghebuer Kristiaan (director)4 points ▸

General meeting, 27-06-2024
Director resignation, Opdebeeck Anna (director)
Director resignation, Quaghebuer Kristiaan (director)
Registered-office move, Leon Dumortierstraat 21,2540 Hove

Open the act in the Belgian Official Gazette

15-07

NBB filing Annual accounts 2023 filedPDF

micro format · 16 days before the deadline

2023

22-06

NBB filing Annual accounts 2022 filedPDF

micro format · 39 days before the deadline

2022

31-12

Financial Highest result from 2018 to 2024net €29,762 ▲145,721%

The operating result of €31,955 and the net result of €29,762 are both a record.

23-06

NBB filing Annual accounts 2021 filedPDF

micro format · 38 days before the deadline

2021

31-12

Financial Back to profitnet €20

The net result is €20, after 2 loss-making years.

25-06

NBB filing Annual accounts 2020 filedPDF

micro format · 36 days before the deadline

2020

31-12

Financial Weakest financial yearnet -€15,956

The net result drops to -€15,956, the lowest from 2018 to 2024.

26-06

NBB filing Annual accounts 2019 filedPDF

micro format · 35 days before the deadline

2019

30-08

NBB filing Annual accounts 2018 filedPDF

micro format · 30 days late

Show earlier events

2018

10-08

NBB filing Annual accounts 2017 filedPDF

micro format · 10 days late

2017

14-08

NBB filing Annual accounts 2016 filedPDF

micro format · 14 days late

2016

26-08

NBB filing Annual accounts 2015 filedPDF

abbreviated format · 26 days late

1997

24-10

Gazette deed Incorporation

19 publications in the Belgian Official Gazette, the last on 30-05-2025

Show all 27 filings

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official Gazette Filings with the National Bank

History

The registered office was moved to Hove in 2024.¹ Total assets fell from €278,288 in 2018 to €219,485 in 2024 and headcount from 2.4 full-time equivalents in 2018 to 0.7 in 2021.² In 2025 FACTOR was dissolved and its liquidation closed in a single deed.³

Company details

Inactive

FACTOR is no longer in the KBO register.

Status: Inactive
Last annual accounts: financial year to 31 December 2024
Last registered office: Leon Dumortierstraat 21, 2540 Hoveas published on 30 May 2025
Legal form: Public limited company
First annual accounts: financial year 1998

Official KBO record

Environmental permits

1 application in Flanders since 2023 · 1 granted

Functiewijziging zonder verbouwingswerken

Granted on 22-03-2024submitted 14-12-2023authority: Antwerpenproject 2023147296

Source: Omgevingsloket Vlaanderen.

Overview

Overview

Official details

Board and ownership

Financial position

Financials

Financials · financial year 2024, micro format

Staff

Investments

Board & ownership

Directors

Owners and capital

Shareholders

Mandate history

Network & group

Holdings and subsidiaries

Holdings 1

Connections & network

Timeline

Acts, filings and financial milestones

History

Company details

Inactive

Environmental permits