Factor-E
ActiveSummary
Factor-E has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €410k and a net result of €90k. Equity is growing by ~27.5% per year across the filed fiscal years. Its solvency ranks better than 83% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 10.06 against 7.85 in 2024; short-term debt: 4.6% and cash: 1.8% of total assets), and 12.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Sector 70
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
87.6%
Return on assets
19.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
56 d early
2023
98 d early
2022
105 d early
2021
86 d early
2020
26 d late
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€90k▲ 50.1%
2024 · €60k
2018: €17k
2019: €22k
2020: €40k
2021: €28k
2022: €7k
2023: €91k
2024: €60k
2018 → 2025
Working capital
€194k▲ 29.4%
2024 · €150k
2018: €-5k
2019: €-4k
2020: €19k
2021: €13k
2022: €22k
2023: €113k
2024: €150k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€163k-€170k▲ 4.2%€261k▲ 53.3%€320k▲ 23.0%€410k▲ 28.1%
Operating result€48k-€26k▼ 45.5%€108k▲ 310%€102k▼ 5.6%€103k▲ 0.5%
Net result€28k-€7k▼ 75.4%€91k▲ 1,238%€60k▼ 33.9%€90k▲ 50.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 0% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €468k
Fixed assets
€253k ▲ 48.3%
Current assets
€215k ▲ 25.4%
Equity and liabilities €468k
Equity
€410k ▲ 28.1%
Debt
€58k ▲ 165%
Debt's share of the balance-sheet total rises from 6.4% to 12.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€116k▲
2024 · €107k
Cash flow
€104k▲
2024 · €65k
Current ratio
10.06▲
2024 · 7.85
Debt to equity
0.14▲
2024 · 0.07
ROE
21.9%▲
2024 · 18.7%
ROA
19.2%▲
2024 · 17.5%
Interest coverage
80.16▲
2024 · 49.99
Debt ≤ 1 year
€21k▼
2024 · €22k
Debt > 1 year
€37k
Income taxes
€31k▼
2024 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€342k€468k▲
Fixed assets21/28€171k€253k▲
Tangible fixed assets22/27€33k€112k▲
Land and buildings22-€70k
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24€20k€31k▲
Other tangible fixed assets26€4k€4k=
Financial fixed assets28€138k€142k▲
Current assets29/58€171k€215k▲
Amounts receivable within one year40/41€153k€206k▲
Trade receivables40€2k-
Other amounts receivable41€151k€206k▲
Cash at bank and in hand54/58€18k€9k▼
Deferred charges and accrued income490/1€132-
Equity and liabilities
Total equity and liabilities10/49€342k€468k▲
Equity10/15€320k€410k▲
Contributions10/11€12k€12k=
Outside capital11€12k€12k=
Other1109/19€12k€12k=
Reserves13€217k€307k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€215k€305k▲
Profit (loss) carried forward14€91k€91k=
Amounts payable17/49€22k€58k▲
Amounts payable after more than one year17-€37k
Financial debts170/4-€37k
Amounts payable within one year42/48€22k€21k▼
Current portion of amounts payable after more than one year42€10k€19k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€8k-
Taxes450/3€8k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€14k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€109k€119k▲
Operating profit (loss)9901€102k€103k▲
Financial income75/76B€9k€20k▲
Recurring financial income75€9k€20k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€109k€121k▲
Income taxes67/77€49k€31k▼
Profit (loss) for the period9904€60k€90k▲
Profit (loss) for the period to be appropriated9905€60k€90k▲
Appropriation of the result
Profit (loss) to be appropriated9906€151k€181k▲
Profit (loss) brought forward from the previous period14P€91k€91k=
Transfer to equity691/2€60k€90k▲
To other reserves6921€60k€90k▲
The notes to these accounts (7 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €91k ▲1,238%
Operating result €108k, net result €91k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 7.35
Current ratio from 1.87 to 7.35; short-term debt falls from €26k to €18k.
31-12
Financial
Equity above €200kEq €261k ▲53.3%
6 profitable years in a row build equity to €261k.
17-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €7k ▼75.4%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
14-11
State Gazette act
Incorporation · Founder
Corporate purpose · Founding capital
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €163k ▲20.3%
4 profitable years in a row build equity to €163k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Show earlier events
2020
31-12
Financial
Equity above €100kEq €136k ▲42.5%
3 profitable years in a row build equity to €136k.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Lasne · 1 establishment unit since 2009
Ground area
4,968 m²
Building footprint
133 m²
Volume, LiDAR
777 m³
Parcel 25061B0161/00M003, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Factor-E
since 20092.182.415.272
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25061B0161/00M003 | Wallonia | 4,968 m² | 1 · 133 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 36,187 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.