Factory19
The computed 12-month bankruptcy probability of Factory19 is 7.6% (elevated). The 2025 annual accounts show negative equity (€-35k) and a net result of €-36k. Its solvency ranks better than 5% of 1381 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-35k |
| Net result | €-36k |
| Staff (FTE) | 1.1 |
| Better than sector | 5% |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -340.6% | 23.3% | |
| Net result | €-36k | €8k | |
| Equity | €-35k | €26k | |
| Gross operating margin | €10k | €36k | |
| Staff costs | €31k | €42k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €-36k |
| Net profit | €-36k |
| Cash flow | €-36k |
| Staff costs | €31k |
| Income taxes | €10 |
| Dividends | - |
| Total assets | €10k |
| Equity | €-35k |
| Debt | €45k |
| of which ≤ 1y | €20k |
| of which > 1y | €25k |
| Working capital | €-11k |
| Employees (FTE) | 1.1 |
| 2025 | |
|---|---|
| Current ratio | 0.45 |
| Quick ratio | 0.37 |
| Working capital ratio | -108.7% |
| Solvency | -340.6% |
| Debt / equity | -1.29 |
| Long-term debt ratio | -0.71 |
| Interest coverage | -211.22 |
| Gross margin | - |
| Net margin | - |
| ROA | -351.1% |
| ROE | 103.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €10k |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €9k |
| Stocks & contracts in progress | 3 | €2k |
| Amounts receivable within one year | 40/41 | €1k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €10k |
| Equity | 10/15 | €-35k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-38k |
| Amounts payable | 17/49 | €45k |
| Amounts payable after one year | 17 | €25k |
| Amounts payable within one year | 42/48 | €20k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €10k |
| Operating result | 9901 | €-36k |
| Financial income | 75 | €7 |
| Financial charges | 65 | €170 |
| Result before taxes | 9903 | €-36k |
| Income taxes | 67/77 | €10 |
| Net result for the period | 9904 | €-36k |
| Result to be appropriated | 9905 | €-36k |
| NACE primary | Retail trade(47716) |
| Legal form | Private limited company(610) |
| Incorporation | 26-01-2024 |
| Status | Active |
| Postal code | 1000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0475/00F000 | Brussels | 4,653 m² | 1 · 2,861 m² | 34.5 m · 9 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-12-2024 Registered office moved from Laeken to Berchem-Sainte-Agathe
- Rue de Wand 271 à 1020 Laeken → Rue des soldats 82 boite 6 à 1082 Berchem-Sainte-Agathe
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Rue des soldats 82 boite 6 \u00E0 1082 Berchem-Sainte-Agathe",
"city": "Berchem-Sainte-Agathe",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Rue des soldats",
"country": "BE",
"postcode": "1082",
"box_number": "6",
"street_number": "82",
"locality_suffix": null
},
"old_address": {
"raw": "Rue de Wand 271 \u00E0 1020 Laeken",
"city": "Laeken",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Rue de Wand",
"country": "BE",
"postcode": "1020",
"box_number": null,
"street_number": "271",
"locality_suffix": null
},
"effective_date": "2024-12-01",
"evidence_quote": "Suite \u00E0 l\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 01/12/2024 il a \u00E9t\u00E9 d\u00E9cid\u00E9 \u00E0 l\u0027unanimit\u00E9 de transf\u00E9rer le si\u00E8ge \u00E0 dater de jour: Rue des soldats 82 boite 6 \u00E0 1082 Berchem-Sainte-Agathe.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Blixelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-12-16",
"filing_date": "2024-12-06",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2024-12-01",
"unanimous": true
},
"subject_company": {
"kbo": "1005.268.012",
"name_full": "FACTORY19",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Harrar Reda",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Factory19 |
| Trade nameFR | Factory19 |