Losses
-€57,419 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Factor 50
Lifetime
19 annual accounts with figures on one time axis, 38 filings since 1988peak €47,262 (2011)
€39,178▲ 6.7%
lowest -€21,251 (2024)
-€18,138▲ €3,113
peak €593,156 (2022)
€538,910▼ 3.3%
€210,715▼ 2.5%
Board4 names since 2017
3 directorsFRAITURE Dimitri Albert Léa and 2 others
Documentsfilings and deeds
31-07-2026on the last day
2025abbreviated format
Loss of €18,138
Key points
from the 2025 annual accountsChecked score
94
Excellent
Financially stronger than 48% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.09, cash €7,760
Loss of €18,138, the second in a row (financial year 2025)
lowers risk
Size: total assets €749,625
Founded in 1987
Calculation
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 68, micro). It does better than 79% of them on solvency, 44% on liquidity, 33% on profitability and 37% on growth.
The bankruptcy probability was computed on 08-11-2026 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).
Comparable companies, two years later
In July 2024, 8,617 companies had the same profile as Factor 50 has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Factor 50 itself: 0.1% within 12 months.
Test of the method
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 8,617 companies, not a prediction for Factor 50. 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.
Credit verdict
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.09 (0.11 in 2024), below 1. Short-term debt is 15.5% and cash 1% of total assets. 28.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€18,138
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
30 days early
2023
30 days late
2022
3 days early
2021
31 days late
2020
31 days late
2019
63 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
3 directors appointed
BEELEN Hans Marcel Alfonsine, BELS Patricia Florentine Thérèse and FRAITURE Dimitri Albert Léa (chair and managing director) · General meeting of 15-06-2022 · Gazette deed
Company renamed from FRAITURE-DEWIL to Factor 50
Resignations: FRAITURE Dimitri Albert Léa (director) and VAN BEERS Christine Maria Petrus (director) · Reappointments: FRAITURE Dimitri Albert Léa (director) and VAN BEERS Christine Maria Petrus (director) · Director discharge: FRAITURE Dimitri Albert Léa · General meeting of 20-11-2019 · Gazette deed
First establishment
CREDIFAX, Delportestraat 31, Tienen
Incorporation
published on 10-10-1987 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Factor 50 Tienen | €749,625 | €39,178 | 71.9% | - |
| LERMYTTE Dilbeek | €783,391 | €32,871 | 4.1% | - |
| BURGONDIA Bruges | €728,537 | €37,646 | 94.2% | - |
| ARCHITECTURAL ENGINEERING Dinant | €812,132 | €39,374 | 31.0% | - |
| VAN HOVE TRUCK CENTER ANTWERPEN Lier | €713,719 | €37,777 | 9.5% | - |
| Rik Vulsteke Industrial Ichtegem | €677,343 | €41,255 | 35.6% | - |
| FORTIMO Brussels | €777,722 | €41,014 | 88.8% | - |
These companies have the same main activity as Factor 50: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €677,000 and €812,000, founded between 1983 and 1989.
Official details
Source: KBO- Status
- Active since 04-09-1987Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.030.271.5643300 Tienen, since 07-10-1987
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €749,625▼ 3.1%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on Factor 50
Factor 50 files the abbreviated format. That format states no turnover. The gross margin fell from €43,435 in 2007 to €39,178 in 2025.
The balance sheet grew most in 2022 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Factor 50
- What is the company number of Factor 50?
- The company number of Factor 50 is 0431.998.507. The VAT number is the same number with BE in front: BE 0431.998.507.
- Where is Factor 50 based?
- The registered office is at Delportestraat 31, 3300 Tienen.Company details
- What does Factor 50 do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of Factor 50?
- Factor 50 is a public limited company (NV).
- When was Factor 50 founded?
- Factor 50 was founded on 04-09-1987.
- Is Factor 50 still active?
- Yes, Factor 50 is an active enterprise in the KBO register.
- What is the turnover of Factor 50?
- The turnover in financial year 2025 is ≈ €64,000. This figure is estimated from the gross margin of €39,178 and 51 comparable companies (NACE 682). It probably lies between €48,000 and €93,000.Financials
- Is Factor 50 profitable?
- In financial year 2025, Factor 50 made a loss of €18,138.
- Where can I find the annual accounts of Factor 50?
- Factor 50 filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Factor 50 due?
- Factor 50 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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