Losses
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
The accounts state no turnover.
Five of the last ten came late. The 2019 accounts came latest: 63 days after the end of the period.
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).
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).
In July 2024, 8,617 companies had the same profile as Factor 50 has now. Each dot stands for 22 companies, two years later.
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.
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.
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.
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 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.
| 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.
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.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €64,000. Estimated: probably between €48,000 and €93,000.
Higher than 80% of 11,299 companies in 2025.
Higher than 10% of 10,851 companies in 2025.
Higher than 22% of 11,184 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
749,625 | 773,213 | 797,588 | 806,567 | 205,047 | 227,545 | 251,715 | 169,171 | 198,515 | 219,472 | 188,613 | 207,747 | 222,076 | 238,499 | 252,818 | 268,946 | 290,860 | 307,261 | 338,441 | |
21/28 |
738,935 | 760,806 | 793,709 | 803,839 | 201,008 | 225,233 | 250,385 | 166,239 | 196,416 | 213,986 | 179,446 | 200,844 | 216,417 | 229,007 | 249,029 | 265,238 | 284,859 | 295,883 | 332,363 | |
22/27 |
738,935 | 760,806 | 793,709 | 803,839 | 201,008 | 225,233 | 250,385 | 166,239 | 196,416 | 213,986 | 179,446 | 200,844 | 216,417 | 229,007 | 249,004 | 265,238 | 284,859 | 295,883 | 332,363 | |
22 |
711,991 | 743,669 | 770,034 | 773,626 | 192,621 | 208,461 | 225,081 | 132,405 | 154,050 | 163,088 | 179,446 | 200,844 | 216,417 | 229,007 | 249,004 | 265,238 | 284,859 | 295,716 | 303,713 | |
23 |
475 | 762 | 1,050 | 1,337 | - | - | 145 | 290 | 435 | 580 | - | - | - | - | - | - | - | 167 | 334 | |
24 |
23,631 | 16,375 | 22,625 | 28,875 | 8,386 | 16,772 | 25,159 | 33,545 | 41,931 | 50,317 | - | - | - | - | - | - | - | - | 28,316 | |
26 |
2,838 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 25 | - | - | - | - | |
29/58 |
10,690 | 12,407 | 3,879 | 2,728 | 4,040 | 2,312 | 1,331 | 2,932 | 2,100 | 5,486 | 9,167 | 6,903 | 5,659 | 9,492 | 3,789 | 3,708 | 6,001 | 11,378 | 6,078 | |
40/41 |
2,930 | 2,465 | 890 | 2,111 | 1,051 | 1,682 | 1,330 | 2,532 | 1,435 | 1,775 | 1,715 | 1,457 | 1,555 | 359 | 38 | 88 | 23 | 1,271 | 238 | |
40 |
1,105 | 1,514 | 890 | 2,111 | 1,051 | 1,682 | 1,330 | 2,031 | 1,435 | 1,408 | 1,715 | 426 | 555 | 27 | 38 | 88 | 23 | 1,271 | 238 | |
41 |
1,825 | 951 | - | - | - | - | - | 500 | - | 367 | - | 1,031 | 1,000 | 332 | - | - | - | - | - | |
50/53 |
- | - | - | - | - | - | - | - | - | 3,605 | 3,605 | 3,605 | 3,605 | 3,605 | 3,605 | 3,605 | 3,605 | 7,105 | - | |
54/58 |
7,760 | 9,942 | 2,990 | 617 | 2,989 | 630 | 1 | 400 | 665 | 106 | 3,847 | 1,064 | 100 | 5,169 | 146 | 15 | 2,373 | 3,002 | 5,840 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | - | 777 | 399 | 359 | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
749,625 | 773,213 | 797,588 | 806,567 | 205,047 | 227,545 | 251,715 | 169,171 | 198,515 | 219,472 | 188,613 | 207,747 | 222,076 | 238,499 | 252,818 | 268,946 | 290,860 | 307,261 | 338,441 | |
10/15 |
538,910 | 557,047 | 578,298 | 593,156 | -4,827 | -9,735 | -15,724 | 1,083 | 4,245 | 5,978 | 9,518 | 5,859 | -3,740 | -9,355 | -17,013 | -25,224 | -28,403 | -25,131 | -13,401 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
12 |
540,677 | 558,712 | 576,747 | 594,781 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
99,548 | 81,513 | 63,478 | 45,444 | 39,070 | 39,070 | 39,070 | 39,070 | 39,070 | 39,070 | 39,070 | 39,070 | 39,069 | 39,070 | 39,070 | 39,070 | 39,070 | 39,070 | 39,070 | |
130/1 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
133 |
97,688 | 79,654 | 61,619 | 43,585 | 37,211 | 37,211 | 37,211 | 37,211 | 37,211 | 37,211 | 37,211 | 37,211 | 37,210 | 37,211 | 37,211 | 37,211 | 37,211 | 37,211 | 37,211 | |
14 |
-163,315 | -145,178 | -123,927 | -109,069 | -105,896 | -110,805 | -116,794 | -99,986 | -96,825 | -95,092 | -91,552 | -95,211 | -104,809 | -110,425 | -118,083 | -126,294 | -129,473 | -126,201 | -114,471 | |
17/49 |
210,715 | 216,165 | 219,290 | 213,410 | 209,874 | 237,281 | 267,439 | 168,088 | 194,270 | 213,494 | 179,095 | 201,888 | 225,816 | 247,854 | 269,831 | 294,170 | 319,263 | 332,392 | 351,842 | |
17 |
94,545 | 99,144 | 113,815 | 106,687 | 113,279 | 127,561 | 143,957 | 60,898 | 101,275 | 140,404 | 126,809 | 157,029 | 183,198 | 209,845 | 235,164 | 259,204 | 282,031 | 303,808 | 324,316 | |
170/4 |
94,545 | 99,144 | 113,815 | 106,687 | 113,279 | 127,561 | 143,957 | 60,898 | 101,275 | 140,404 | 126,809 | 157,029 | 183,198 | 209,845 | 235,164 | 259,204 | 282,031 | 303,808 | 324,316 | |
42/48 |
116,170 | 117,022 | 105,475 | 106,724 | 96,595 | 109,719 | 123,482 | 107,189 | 92,995 | 73,090 | 52,286 | 44,859 | 42,618 | 33,603 | 34,667 | 34,966 | 37,232 | 28,584 | 27,526 | |
42 |
15,027 | 14,719 | 19,028 | 16,788 | 14,283 | 13,985 | 34,295 | 40,267 | 36,691 | 36,096 | 27,098 | 26,049 | 26,927 | 25,680 | 24,520 | 23,167 | 21,985 | 20,758 | 19,760 | |
43 |
- | - | - | - | - | - | 3,268 | 5,000 | 2,296 | 3,068 | - | - | 3,094 | - | 889 | 4,271 | 12 | - | - | |
430/8 |
- | - | - | - | - | - | 3,268 | 5,000 | 2,296 | 3,068 | - | - | 3,094 | - | 889 | 4,271 | 12 | - | - | |
44 |
1,704 | - | - | 8,968 | 51 | 541 | 3,528 | 367 | 214 | - | 696 | - | - | - | 1,025 | - | 1,049 | 551 | - | |
440/4 |
1,704 | - | - | 8,968 | 51 | 541 | 3,528 | 367 | 214 | - | 696 | - | - | - | 1,025 | - | 1,049 | 551 | - | |
45 |
3,943 | 3,647 | 2,739 | 867 | 809 | 722 | 413 | 1,202 | 1,212 | 474 | 767 | 368 | 123 | 424 | 397 | 309 | 381 | 504 | 1,473 | |
450/3 |
3,943 | 3,647 | 2,739 | 867 | 809 | 722 | 413 | 1,202 | 1,212 | 474 | 767 | 368 | 123 | 424 | 397 | 309 | 381 | 504 | 1,473 | |
47/48 |
95,496 | 98,656 | 83,708 | 80,101 | 81,452 | 94,471 | 81,978 | 60,353 | 52,583 | 33,452 | 23,725 | 18,442 | 12,474 | 7,499 | 7,836 | 7,219 | 13,805 | 6,771 | 6,293 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 4,406 | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
76A |
464 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,000 | |
9900 |
39,178 | 36,732 | 39,091 | 37,801 | 41,280 | 41,548 | 34,316 | 38,496 | 42,311 | 39,022 | 36,505 | 45,500 | 41,921 | 44,745 | 47,262 | 42,164 | 37,693 | 36,547 | 43,435 | |
630 |
37,073 | 38,953 | 38,102 | 31,012 | 24,226 | 25,151 | 42,094 | 33,426 | 32,776 | 30,461 | 21,398 | 21,404 | 20,821 | 19,998 | 19,999 | 19,622 | 20,405 | 24,023 | 27,663 | |
640/8 |
6,797 | 6,594 | 6,524 | 6,248 | 8,341 | 6,101 | 4,911 | 4,763 | 4,672 | 5,193 | 4,304 | 4,290 | 4,246 | 4,144 | 4,571 | 3,982 | 4,599 | 5,334 | 7,388 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,708 | - | |
9901 |
-4,691 | -8,815 | -5,535 | 542 | 8,714 | 10,296 | -12,689 | 306 | 4,863 | 3,368 | 10,803 | 19,806 | 16,854 | 20,603 | 22,692 | 18,560 | 12,689 | 7,190 | 8,384 | |
75/76B |
44 | 54 | - | 51 | - | 161 | 1 | 0 | 58 | - | 103 | 170 | 282 | 184 | - | 167 | 510 | 476 | 48 | |
75 |
44 | 54 | - | 51 | - | 161 | 1 | 0 | 58 | - | 103 | 170 | 282 | 184 | - | 167 | 510 | 476 | 48 | |
65/66B |
12,351 | 11,441 | 8,490 | 3,765 | 3,805 | 4,468 | 4,119 | 3,468 | 6,654 | 6,909 | 7,277 | 10,378 | 11,489 | 13,129 | 14,481 | 15,548 | 16,471 | 17,688 | 18,342 | |
65 |
12,351 | 11,441 | 8,490 | 3,765 | 3,805 | 4,468 | 4,119 | 3,468 | 6,654 | 6,909 | 7,277 | 10,378 | 11,489 | 13,129 | 14,481 | 15,548 | 16,471 | 17,688 | 18,342 | |
9903 |
-16,999 | -20,201 | -14,025 | -3,172 | 4,909 | 5,989 | -16,807 | -3,162 | -1,733 | -3,540 | 3,629 | 9,598 | 5,647 | 7,658 | 8,211 | 3,179 | -3,272 | -11,730 | -8,910 | |
67/77 |
1,139 | 1,050 | 833 | - | - | - | - | - | - | - | -30 | - | 31 | - | - | - | - | - | - | |
9904 |
-18,138 | -21,251 | -14,858 | -3,172 | 4,909 | 5,989 | -16,807 | -3,162 | -1,733 | -3,540 | 3,659 | 9,598 | 5,616 | 7,658 | 8,211 | 3,179 | -3,272 | -11,730 | -8,910 | |
9905 |
-18,138 | -21,251 | -14,858 | -3,172 | 4,909 | 5,989 | -16,807 | -3,162 | -1,733 | -3,540 | 3,659 | 9,598 | 5,616 | 7,658 | 8,211 | 3,179 | -3,272 | -11,730 | -8,910 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-163,315 | -145,178 | -123,927 | -109,069 | -105,896 | -110,805 | -116,794 | -99,986 | -96,825 | -95,092 | -91,552 | -95,211 | -104,809 | -110,425 | -118,083 | -126,294 | -129,473 | -126,201 | -114,471 | |
14P |
-145,178 | -123,927 | -109,069 | -105,896 | -110,805 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 19 older financial years (1988-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-07-2026 | 2026-00386765 | |
| 31-12-2024 | micro format | 01-07-2025 | 2025-00207521 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00450198 | |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00283958 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20369152 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-61100499 | |
| 31-12-2019 | micro format | 02-10-2020 | 2020-59000056 | |
| 31-12-2018 | micro format | 01-07-2019 | 2019-26800205 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56800041 | |
| 31-12-2016 | micro format | 05-07-2017 | 2017-28200181 | |
| 31-12-2015 | abbreviated format | 23-06-2016 | 2016-21500476 | |
| 31-12-2014 | abbreviated format | 31-07-2015 | 2015-37700406 | |
| 31-12-2013 | abbreviated format | 28-07-2014 | 2014-35800032 | |
| 31-12-2012 | abbreviated format | 27-06-2013 | 2013-22400132 | |
| 31-12-2011 | abbreviated format | 02-07-2012 | 2012-23900363 | |
| 31-12-2010 | abbreviated format | 29-07-2011 | 2011-35300234 | |
| 31-12-2009 | abbreviated format | 02-07-2010 | 2010-25600064 | |
| 31-12-2008 | abbreviated format | 10-06-2009 | 2009-20900258 | |
| 31-12-2007 | abbreviated format | 30-06-2008 | 2008-31300256 | |
| 31-12-2006 | abbreviated format | 27-06-2007 | 2007-30900145 | |
| 31-12-2005 | abbreviated format | 13-06-2006 | 2006-22705249 | |
| 31-12-2004 | abbreviated format | 31-05-2005 | 2005-18401988 | |
| 31-12-2003 | abbreviated format | 23-07-2004 | 2004-49700506 | |
| 31-12-2002 | abbreviated format | 08-10-2003 | 2003-73402187 | |
| 31-12-2001 | abbreviated format | 08-11-2002 | 2002-70802703 | |
| 31-12-2000 | abbreviated format | 19-12-2001 | 2001-76602142 | |
| 31-12-1999 | abbreviated format | 08-11-2000 | 2000-70304160 | |
| 31-12-1998 | abbreviated format | 11-10-1999 | 1999-52503678 | |
| 31-12-1997 | abbreviated format | 07-10-1998 | 1998-51700977 | |
| 31-12-1996 | abbreviated format | 26-11-1997 | 1997-54401898 | |
| 31-12-1995 | abbreviated format | 18-11-1996 | 1996-51003686 | |
| 31-12-1994 | abbreviated format | 09-10-1995 | 1995-53100752 | |
| 31-12-1993 | abbreviated format | 17-11-1994 | 1994-47105184 | |
| 31-12-1992 | abbreviated format | 10-09-1993 | 1993-35203711 | |
| 31-12-1991 | abbreviated format | 31-08-1992 | 1992-30001953 | |
| 31-12-1990 | abbreviated format | 15-07-1991 | 1991-18100397 | |
| 31-12-1989 | abbreviated format | 29-06-1990 | 1990-13504471 | |
| 31-12-1988 | abbreviated format | 03-07-1989 | 1989-13601828 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 32,381 | 30,138 | 32,567 | 31,554 | 32,939 | 35,447 | 29,405 | 33,733 | 37,639 | 33,829 | 32,201 | 41,210 | 37,675 | 40,601 | 42,691 | 38,182 | 33,094 | 31,213 | 36,047 | ||
| 18,935 | 17,702 | 23,244 | 27,840 | 29,134 | 31,140 | 25,287 | 30,265 | 31,043 | 26,920 | 25,057 | 31,002 | 26,437 | 27,656 | 28,210 | 22,801 | 17,133 | 12,293 | 18,753 | ||
| 21,762 | 6,050 | 27,972 | 32,688 | 0 | 0 | 126,239 | 3,250 | 15,206 | 65,000 | 0 | 5,830 | 8,230 | -24 | 3,788 | 1 | 9,380 | 11,771 | - | ||
| -2,182 | 6,953 | 2,372 | -2,372 | 2,359 | 629 | -399 | -265 | 558 | -3,741 | 2,783 | 964 | -5,069 | 5,023 | 131 | -2,358 | -629 | -2,838 | - | ||
| -105,480 | -104,615 | -101,596 | -103,996 | -92,555 | -107,407 | -122,151 | -104,258 | -90,896 | -67,604 | -43,119 | -37,956 | -36,959 | -24,111 | -30,878 | -31,258 | -31,231 | -17,206 | -21,448 | ||
| 71.9% | 72.0% | 72.5% | 73.5% | -2.4% | -4.3% | -6.2% | 0.6% | 2.1% | 2.7% | 5.0% | 2.8% | -1.7% | -3.9% | -6.7% | -9.4% | -9.8% | -8.2% | -4.0% | ||
| 0.09 | 0.11 | 0.04 | 0.03 | 0.04 | 0.02 | 0.01 | 0.03 | 0.02 | 0.08 | 0.18 | 0.15 | 0.13 | 0.28 | 0.11 | 0.11 | 0.16 | 0.40 | 0.22 | ||
| 0.39 | 0.39 | 0.38 | 0.36 | - | - | - | - | 45.77 | 35.71 | 18.82 | 34.46 | - | - | - | - | - | - | - | ||
| -3.4% | -3.8% | -2.6% | -0.5% | - | - | - | -291.8% | -40.8% | -59.2% | 38.4% | 163.8% | - | - | - | - | - | - | - | ||
| -2.4% | -2.7% | -1.9% | -0.4% | 2.4% | 2.6% | -6.7% | -1.9% | -0.9% | -1.6% | 1.9% | 4.6% | 2.5% | 3.2% | 3.2% | 1.2% | -1.1% | -3.8% | -2.6% | ||
| 2.62 | 2.63 | 3.84 | 8.38 | 8.66 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €21,762 | €6,050 | €27,972 | €32,688 | - |
| €37,073 | €38,953 | €38,102 | €31,012 | €24,226 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €4,691, smaller than the loss of €8,815 in 2024.
Debt's share of the balance-sheet total rises from 28.0% to 28.1%. Equity and debt are lower.
Factor 50 has no parent and no holdings in its annual accounts. Factor 50 shares no director with another company.
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 |
|---|---|---|
| CREDIFAX registered office Delportestraat 31, 3300 Tienen 64190 Financial service activities, except insurance and pension funding | 07-10-1987 | 2.030.271.564 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24593G0214/00C002 | 1,582 m² | 1 · 1,413 m² | 18.0 m · 2 |
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