FACTORY SYSTEMS
ActiveFACTORY SYSTEMS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €240k and a net result of €99k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 46% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
88
/ 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
Profitability97▼-2
Solvency80▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.41 in 2024; short-term debt: 42.4% and cash: 36.2% of total assets), and 44.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
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
55.1%
Return on assets
22.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-02-2026, 69 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
69 d early
2024
65 d early
2023
63 d early
2022
54 d early
2021
51 d early
2020
63 d early
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€99k▼ 4.1%
2024 · €104k
2018: €43k
2019: €55k
2020: €62k
2021: €82k
2022: €71k
2023: €88k
2024: €104k
2018 → 2025
Working capital
€96k▲ 34.2%
2024 · €72k
2018: €63k
2019: €129k
2020: €93k
2021: €124k
2022: €140k
2023: €44k
2024: €72k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€196k-€207k▲ 5.5%€215k▲ 4.1%€229k▲ 6.3%€240k▲ 5.0%
Operating result€114k-€96k▼ 16.2%€117k▲ 21.8%€145k▲ 24.5%€138k▼ 5.3%
Net result€82k-€71k▼ 14.0%€88k▲ 24.9%€104k▲ 17.2%€99k▼ 4.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €436k
Fixed assets
€155k▼ 11.2%
Current assets
€281k▲ 13.1%
Equity and liabilities €436k
Equity
€240k▲ 5.0%
Debt
€196k▲ 1.0%
The debt ratio falls from 45.8% to 44.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€194k▼
2024 · €201k
Cash flow
€156k▼
2024 · €159k
Solvency
55.1%▲
2024 · 54.2%
Current ratio
1.52▲
2024 · 1.41
Quick ratio
1.52▲
2024 · 1.41
Debt / equity
0.81▼
2024 · 0.85
ROE
41.4%▼
2024 · 45.3%
ROA
22.8%▼
2024 · 24.5%
Interest coverage
154.45▼
2024 · 156.71
Debt
€196k▲
2024 · €194k
Debt ≤ 1 year
€185k▲
2024 · €177k
Debt > 1 year
€11k▼
2024 · €17k
Income taxes
€37k▼
2024 · €41k
Staff costs
€177k▲
2024 · €158k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€423k€436k▲
Fixed assets21/28€174k€155k▼
Intangible fixed assets21€75k€83k▲
Tangible fixed assets22/27€99k€71k▼
Furniture and vehicles24€97k€69k▼
Other tangible fixed assets26€2k€2k▼
Current assets29/58€249k€281k▲
Amounts receivable within one year40/41€108k€121k▲
Trade receivables40€108k€121k▲
Cash at bank and in hand54/58€139k€158k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€423k€436k▲
Equity10/15€229k€240k▲
Contributions10/11€22k€22k=
Reserves13€46k€46k=
Distributable reserves133€46k€46k=
Profit (loss) carried forward14€161k€173k▲
Amounts payable17/49€194k€196k▲
Amounts payable after more than one year17€17k€11k▼
Financial debts170/4€17k€11k▼
Amounts payable within one year42/48€177k€185k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€9k€9k▲
Suppliers440/4€9k€9k▲
Taxes, remuneration and social security45€39k€40k▲
Taxes450/3€12k€11k▼
Remuneration and social security454/9€26k€29k▲
Other amounts payable47/48€123k€129k▲
Accrued charges and deferred income492/3€173-
Income statement
Code20242025
Remuneration, social security and pensions62€158k€177k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€56k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€361k€373k▲
Operating profit (loss)9901€145k€138k▼
Financial income75/76B€6€7▲
Recurring financial income75€6€7▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€144k€137k▼
Income taxes67/77€41k€37k▼
Profit (loss) for the period9904€104k€99k▼
Profit (loss) for the period to be appropriated9905€104k€99k▼
Appropriation of the result
Profit (loss) to be appropriated9906€251k€261k▲
Profit (loss) brought forward from the previous period14P€148k€161k▲
Profit to be distributed694/7€90k€88k▼
Return on contributions (dividend)694€90k€88k▼
The notes to these accounts (10 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
20-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €104k ▲17.2%
Operating result €145k, net result €104k, both a record.
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €200kEq €207k ▲5.5%
5 profitable years in a row build equity to €207k.
10-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial
Equity above €200kEq €202k ▲37%
2 profitable years in a row build equity to €202k.
20-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Jalhay · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Voie des Waides(SART) 84845 JalhayGround area
1.7 ha
Building footprint
5,678 m²
Volume, LiDAR
45,289 m³
2 parcels, Wallonia · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FACTORY SYSTEMS
since 20092.181.435.968
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63014A0417/00W000 | Wallonia | 1.6 ha | 1 · 5,471 m² | 13.8 m · 3 fl. |
| 63068B0380/00W000 | Wallonia | 983 m² | 1 · 207 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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UBICUM
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Of 16,887 companies in sector 62100 we hold annual accounts for 8,777. 6,412 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-10-2004
Fiscal year end30-09
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
74142
58290Other software publishing
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
72210
72220
72400
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:ph.jacquemin@factorysystems.eu
Phone:0475/735859
Fax:087772759