FACTORY
ActiveSummary
The computed 12-month bankruptcy probability of FACTORY is 1.6% (moderate). The 2025 annual accounts show equity of €314,404 and a net result of €97,770. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 1,028 sector peers (NACE 41, financial year 2025). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 1 FTE
- Equity
- €314,404
- Profit
- €97,770
- WYNS Pascal Frédéric FabriceDirector
Why 55raises riskLast filed accounts filed 48 days late; 2 of the last 3 lateSector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 1.28, cash €28,085, halvedlowers riskFounded in 2002Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 28% on solvency, 11% on liquidity, 56% on profitability and 78% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 24 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Highest result from 2019 to 2025net €206,123 ▲2,817%
Financials · financial year 2025, full format
2025 annual accounts filed late (47 days) Filed on 19 March 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00058245.
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 54% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95.1% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,818 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | - | €43,526 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,501 | €14,505 | €13,725 | €13,289 | €13,001 | €13,639 | €23,473 | ▲ 72.1% |
| Other operating charges640/8 | - | - | - | €2,432 | €3,412 | €3,950 | €6,129 | ▲ 55.2% |
| Gross operating margin9900 | €96,039 | -€57,623 | €110,474 | €144,863 | €28,932 | €323,908 | €213,216 | ▼ 34.2% |
| Operating profit (loss)9901 | €83,633 | -€81,018 | €91,118 | €129,143 | €12,519 | €306,319 | €140,088 | ▼ 54.3% |
| Financial income75/76B | - | - | - | €9,557 | €0 | €3,652 | €248 | ▼ 93.2% |
| Recurring financial income75 | €12,260 | €5 | €227 | €5 | €0 | €8 | €248 | ▲ 29× |
| Non-recurring financial income76B | - | - | - | €9,553 | - | €3,644 | - | - |
| Financial charges65/66B | - | - | - | €3,989 | €565 | €22,125 | €1,608 | ▼ 92.7% |
| Recurring financial charges65 | €20,068 | €724 | €25,180 | €3,819 | €565 | €6,951 | €1,308 | ▼ 81.2% |
| Non-recurring financial charges66B | - | - | - | €170 | - | €15,174 | €300 | ▼ 98.0% |
| Profit (loss) for the period before taxes9903 | €72,587 | -€80,189 | €65,940 | €134,711 | €11,954 | €287,847 | €138,728 | ▼ 51.8% |
| Income taxes67/77 | €165 | €25 | - | €28,476 | €4,887 | €81,723 | €40,958 | ▼ 49.9% |
| Profit (loss) for the period9904 | €72,422 | -€80,214 | €65,940 | €106,235 | €7,067 | €206,123 | €97,770 | ▼ 52.6% |
| Profit (loss) for the period to be appropriated9905 | €72,422 | -€80,214 | €65,940 | €106,235 | €7,067 | €206,123 | €97,770 | ▼ 52.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.7m | €0.6m | €0.8m | €0.8m | €1.0m | €1.0m | €1.5m | ▲ 49.0% |
| Fixed assets21/28 | €0.07m | €0.07m | €0.06m | €0.05m | €0.04m | €0.09m | €0.07m | ▼ 23.4% |
| Tangible fixed assets22/27 | €0.07m | €0.07m | €0.06m | €0.05m | €0.04m | €0.07m | €0.04m | ▼ 35.2% |
| Plant, machinery and equipment23 | - | - | - | €0.04m | €0.03m | €0.02m | €0.01m | ▼ 36.4% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.009m | €0.04m | €0.03m | ▼ 34.6% |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.02m | €0.02m | ▲ 13.9% |
| Current assets29/58 | €0.7m | €0.5m | €0.7m | €0.7m | €1.0m | €0.9m | €1.4m | ▲ 55.9% |
| Stocks and contracts in progress3 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 0.7% |
| Stocks30/36 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 0.7% |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.6m | €0.6m | €0.8m | €0.7m | €1.3m | ▲ 93.7% |
| Trade receivables40 | - | - | - | €0.1m | €0.3m | €0.2m | €0.7m | ▲ 190% |
| Other amounts receivable41 | - | - | - | €0.4m | €0.5m | €0.4m | €0.6m | ▲ 39.1% |
| Cash at bank and in hand54/58 | €0.2m | €0.1m | €0.007m | €0.05m | €0.007m | €0.1m | €0.03m | ▼ 78.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.7m | €0.6m | €0.8m | €0.8m | €1.0m | €1.0m | €1.5m | ▲ 49.0% |
| Equity10/15 | -€0.09m | -€0.2m | -€0.1m | €0.003m | €0.01m | €0.2m | €0.3m | ▲ 45.1% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - |
| Distributable reserves133 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | -€0.1m | -€0.2m | -€0.1m | -€0.04m | -€0.03m | €0.2m | €0.3m | ▲ 55.8% |
| Amounts payable17/49 | €0.8m | €0.8m | €0.9m | €0.8m | €1.0m | €0.8m | €1.2m | ▲ 50.0% |
| Amounts payable after more than one year17 | - | - | - | - | - | €0.02m | €0.07m | ▲ 181% |
| Financial debts170/4 | - | - | - | - | - | €0.02m | €0.07m | ▲ 181% |
| Amounts payable within one year42/48 | €0.8m | €0.8m | €0.9m | €0.8m | €1.0m | €0.8m | €1.1m | ▲ 45.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €0.02m | €0.03m | ▲ 57.2% |
| Financial debts43 | - | - | - | - | €0.03m | - | - | - |
| Credit institutions430/8 | - | - | - | - | €0.03m | - | - | - |
| Trade debts44 | €0.04m | €0.007m | €0.1m | €0.09m | €0.2m | €454 | €0.4m | ▲ 858× |
| Suppliers440/4 | - | - | - | €0.09m | €0.2m | €454 | €0.4m | ▲ 858× |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.03m | €0.07m | €0.1m | ▲ 44.3% |
| Taxes450/3 | - | - | - | €0.03m | €0.03m | €0.07m | €0.1m | ▲ 44.3% |
| Other amounts payable47/48 | - | - | - | €0.7m | €0.7m | €0.7m | €0.6m | ▼ 12.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €72,422 | -€80,214 | €65,940 | €106,235 | €7,067 | €206,123 | €97,770 | ▼ 52.6% |
| + Depreciation and write-downs630 | €11,501 | €14,505 | €13,725 | €13,289 | €13,001 | €13,639 | €23,473 | ▲ 72.1% |
| Operating cash flow (approximation) | €83,923 | -€65,709 | €79,665 | €119,523 | €20,068 | €219,763 | €121,243 | ▼ 44.8% |
| Investment in fixed assets (approximation) | - | -€19,634 | -€1,404 | -€4,017 | -€2,736 | -€61,111 | -€2,950 | ▲ 95.2% |
| Change in cash | - | -€117,685 | -€108,576 | €40,667 | -€40,323 | €120,499 | -€99,873 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | full format | 19-03-2026 | 2026-00058245 |
| 30-06-2024 | full format | 17-04-2025 | 2025-00071345 |
| 30-06-2023 | full format | 30-01-2024 | 2024-00019574 |
| 30-06-2022 | full format | 25-01-2023 | 2023-00005101 |
| 30-06-2021 | full format | 24-01-2022 | 2022-02400341 |
| 30-06-2020 | full format | 29-01-2021 | 2021-04000084 |
| 30-06-2019 | full format | 30-03-2020 | 2020-08300220 |
| 30-06-2018 | full format | 05-06-2019 | 2019-16300428 |
| 30-06-2017 | full format | 01-03-2018 | 2018-06100356 |
| 30-06-2016 | full format | 16-01-2017 | 2017-01500392 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| WYNS Pascal Frédéric Fabrice |
|
Owners and capital
Capital and shareholders
- WYNS Pascal Frédéric Fabrice 99 shares
- MOENS Sophie Noémi 1 share
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 13-06-2024 Converted to unavailable equity · €20,405
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
13-06
Gazette deed
Resignation: WYNS Pascal Frédéric Fabrice (manager)Appointment: WYNS Pascal Frédéric Fabrice (director) · Shareholding · Power of attorney28 facts ▸
- General meeting, 10-06-2024
- Other provision, “président,secrétaire et scrutateur, bureau de l'assemblée” (deed in French)
- Shareholding, 99
- Shareholding, 1, 100
- Power of attorney, Michaelina de Radzitzky
- Other provision, “ordre du jour, adapter les statuts aux dispositions du Code des sociétés et des associations” (deed in French)
- Other provision, “convocations, tous les associés sont présents ou représentés” (deed in French)
- Other provision, “validité de l’assemblée” (deed in French)
- Other provision, “adaptation des statuts au Code des sociétés et des associations, adapter les statuts et conserver la forme légale de société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “supprimer le compte de capitaux propres statutairement indisponible et rendre ces fonds disponibles pour distribution”, 20405 (deed in French)
- Other provision, “IMMO-Factory ITALY, dénomination commerciale” (deed in French)
- +16 further facts in this act
Show earlier events
About the unread acts
Of the 10 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0479.038.557
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21616A0267/00P036 | Brussels | 547 m² | 1 · 161 m² | 5.1 m |
| 21382C0227/00M015 | Brussels | 250 m² | 1 · 251 m² | 12.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Effectuer toutes opérations d'achat,de vente,de location,de gestion,de négociations,de mise en valeur,de transformation d'immeubles bâtis ou…” (deed in French)
18 activities (deed in French)
- Effectuer toutes opérations d'achat,de vente,de location,de gestion,de négociations,de mise en valeur,de transformation d'immeubles bâtis ou non bâtis,et de parties d'immeubles ainsi que toutes autres opérations immobilières,y compris les prestations qui s'y rattachent en tant qu’entrepreneur général.
- Entreprendre ou faire entreprendre l'étude et la réalisation pratique de tous les problèmes techniques,sociaux,économiques,fiscaux et d'organisation qui se posent en matière de son objet social.
- Préparer,rédiger et conclure en tant que mandataire ou pour son compte propre,toutes les conventions commerciales ou financières ainsi que tous marchés de travaux ou de fourniture et faire toutes les opérations annexes de crédit ou de garantie y compris la représentation et le courtage.De faire en général,toutes opérations se rattachant à ces objets.
- Prendre ou participer à des initiatives sous forme de participation ou aide à caractère technique,financière ou d'organisation.
- Représenter ses membres au sein de sociétés commerciales ou à forme commerciale et accepter toute forme de mandat.
- Prêter son assistance à des tiers en toutes matières sociale,technique,financière,organique,administrative et économique.
- Contracter des emprunts hypothécaires et toute autre forme de crédit.Accomplir tous actes de prêt,placements et assurances en courtage,la représentation et l'agence et ce dans la mesure où les agréations administratives nécessaires seraient acquises.
- Par ailleurs,la société a pour objet,au sens le plus large,la réalisation d’ouvrages immobiliers en tant qu’entrepreneur général et coordinateur de chantier et la constitution et la valorisation d’un patrimoine immobilier.
- En tant qu'entrepreneur général,tous les travaux d’entreprise de construction,réfection et d’entretien des routes,les travaux d’égouts,de distribution d’eau et de gaz,la réalisation du gros œuvre dans tous types de bâtiments,tous travaux de démolition de bâtiments et d’ouvrages d’art,de construction de pavillons démontables et de baraquements non métalliques,le placement de clôtures de tout type,la vente de matériaux de construction,tous les travaux d’entreprise de maçonnerie et béton,l’entreprise de travaux publics et privés,tous les travaux de plafonnage,de cimentage et de tous autres enduits,entreprise de travaux de carrelage et de mosaïque et de tous autres revêtements de mur et de sol;entreprise d’installation sanitaire,de chauffage au gaz et de plomberie,zinguerie et d’installation d’adoucisseurs d’eau,entreprise de couvertures de construction(métalliques et non métalliques),activités d’atelier de réparations de matériel d’entreprises de construction,de voirie et de génie civil,activités de restauration de monuments et d’édifices classés,entreprise d’installation de chauffage central et installations thermiques,ventilation,conditionnement d’air,chauffage à air chaud,menuiserie métallique,plantations,parcs et jardins,l’activité de peinture,l’activité d’architecte d’intérieur et de décorateur;l’achat,la vente,l’importation et l’exportation de tout appareil électrique,électronique,radio électrique,domotique,électroménager,cuisines équipées,éclairage et luminaires,climatisation,tout accessoire électrique,enseignes lumineuses,pierre naturelle,carrelage,parquet,meubles et objets de décoration,œuvres d’art.
- Toutes activités de promotion immobilière,en ce compris l’achat et la vente d’immeubles bâtis ou non,et tous achats ou opérations s’y rapportant,ainsi que la commercialisation de tous les biens meubles utilisables dans les prédits immeubles
- Plus généralement toutes opérations civiles ou commerciales,industrielles ou financières(tels que prêts hypothécaires,prêts personnels,avances,cautionnements,etc.),mobilières ou immobilières généralement quelconques se rapportant directement ou indirectement à ces objets ou de nature à les développer ou à en faciliter la réalisation
- Ainsi que toutes opérations d’apport,de fusion,de scission,de souscription,de participation,d’intervention financière ou autre,dans toutes sociétés,personnes morales ou entreprises existantes ou à créer,ayant un objet identique,analogue,similaire ou simplement connexe,directement ou indirectement en rapport avec ces objets
- Elle pourra notamment prêter,emprunter,hypothéquer.
- La société peut accepter et exercer tout mandat d’administrateur dans toute société quelque soit son objet.
- La société peut constituer toute hypothèque ou toute autre sûreté réelle sur les biens sociaux ou se porter caution au profit de tiers.
- Elle peut consentir,au profit de tous tiers et de toutes sociétés,soit apparentées,soit avec lesquelles elle contracte des engagements,toutes dations en gage hypothécaire ou autres et toutes garanties plus généralement quelconques.
- La société pourra également réaliser toutes les opérations financières,commerciales,mobilières et immobilières ayant un rapport direct ou indirect avec son objet social ou pouvant en faciliter la réalisation.
- Elle pourra également s'intéresser par voie d'association,d'apport ou de fusion,de souscription,de participation,d'intervention financière à toute société ou entreprise existante ou à créer dont l'objet serait similaire ou connexe ou simplement utile à la réalisation de l'objet social.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FACTORY
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger, Région de Bruxelles-Capitale” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, assemblée nommant fixe nombre,durée et,en cas pluralité,pouvoirs” (deed in French)“Frais généraux,indépendamment frais représentation,voyages,déplacements, assemblée à majorité absolue ou actionnaire unique,montant fixe ou…” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of November at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “24, tout temps par assemblée formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “25, faculté assemblée désigner un ou plusieurs et fixer pouvoirs et émoluments” (deed in French)