Factory22
ActiveFactory22 has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €27k. Equity is shrinking by ~92.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 28% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency55▲+55
Growth32=
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.17 against 0.24 in 2024; short-term debt: 68.2% and cash: 32.4% of total assets), and 69.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
30.4%
Return on assets
86.4%
Age of the figures
9 mo
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 11-06-2026, 50 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
50 d early
2024
38 d early
2023
28 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k
2024 · €-17k
2023: €42k
2024: €-17k
2023 → 2025
Total assets
€31k▲ 55.6%
2024 · €20k
2023: €59k
2024: €20k
2023 → 2025
Net result
€27k
2024 · €-59k
2023: €39k
2024: €-59k
2023 → 2025
Working capital
€4k
2024 · €-28k
2023: €32k
2024: €-28k
2023 → 2025
Multi-year overview
Available amounts per fiscal year
Line202320242025Trend
Equity€42k-€-17k€10k
Operating result€49k-€-58k€27k
Net result€39k-€-59k€27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €27k after a loss of €58k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31k
Fixed assets
€6k▼ 41.7%
Current assets
€25k▲ 171%
Equity and liabilities €31k
Equity
€10k
Debt
€22k
Debt finances 69.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€32k▲
2024 · €-54k
Cash flow
€32k▲
2024 · €-55k
Solvency
30.4%▲
2024 · -87.1%
Current ratio
1.17▲
2024 · 0.24
Quick ratio
1.17▲
2024 · 0.24
Debt / equity
2.29▲
2024 · -2.15
ROE
284.0%
ROA
86.4%▲
2024 · -295.3%
Interest coverage
142.22▲
2024 · -47.99
Debt
€22k▼
2024 · €38k
Debt ≤ 1 year
€21k▼
2024 · €38k
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€20k€31k▲
Fixed assets21/28€11k€6k▼
Tangible fixed assets22/27€11k€6k▼
Furniture and vehicles24€10k€6k▼
Other tangible fixed assets26€872€601▼
Current assets29/58€9k€25k▲
Amounts receivable within one year40/41€7k€11k▲
Trade receivables40€7k€11k▲
Cash at bank and in hand54/58€1k€10k▲
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€20k€31k▲
Equity10/15€-17k€10k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-20k€7k▲
Amounts payable17/49€38k€22k▼
Amounts payable within one year42/48€38k€21k▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€11k€3k▼
Taxes450/3€11k€3k▼
Other amounts payable47/48€24k€16k▼
Accrued charges and deferred income492/3-€429
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€6k
Other operating charges640/8€505€520▲
Gross operating margin9900€-53k€38k▲
Operating profit (loss)9901€-58k€27k▲
Financial income75/76B-€77
Recurring financial income75-€77
Financial charges65/66B€1k€223▼
Recurring financial charges65€1k€223▼
Profit (loss) for the period before taxes9903€-59k€27k▲
Profit (loss) for the period9904€-59k€27k▲
Profit (loss) for the period to be appropriated9905€-59k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€7k▲
Profit (loss) brought forward from the previous period14P€39k€-20k▼
The notes to these accounts (4 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
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 1.17
Current ratio from 0.24 to 1.17; short-term debt falls from €38k to €21k.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-59k ▼253%
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Retie · 1 establishment unit since 2022
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.
Duinkerken 42A2470 RetieGround area
926 m²
Building footprint
126 m²
Volume, LiDAR
1,521 m³
Parcel 13036H0412/00Z004, Flanders · tallest building 23.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Factory22
since 20222.338.290.908
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13036H0412/00Z004 | Flanders | 926 m² | 1 · 126 m² | 23.3 m · 5 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,620 EUR awarded · 1,620 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 825 EUR | 825 EUR |
| 2024 | 1 | 795 EUR | 795 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 9,305 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-11-2022
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62100Computer programming
70200Business and other management consultancy
70220Business consulting
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.