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Generated 12-07-2026
Active BE 0790.633.142Private limited company

Factory37

Fabrieksstraat 37 ·1930 Zaventem, Belgium· 3 yrs active
Sector: Head offices & management consulting (70200)
Conclusion Checked

The computed 12-month bankruptcy probability of Factory37 is 0.4% (very low). The 2025 annual accounts show equity of €248k and a net result of €31k. Equity is growing by ~18.3% per year across the filed fiscal years. Its solvency ranks better than 33% of 4653 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €248k
Net result €31k
Better than sector 33%
Active 3 yrs
Snowflake analysis 5 axes · computed by Checked
Health61Profitability63Solvency38Growth78Stability94
67 / 100

Strong profile, led by stability.

Health 61
Profitability 63
Solvency 38
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
0.4% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Young company +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
61 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 18-03-2026 with the NBB · fiscal year 2025 · micro
€-20k€0€20k€40kOperating result 2023: €-8k€-8kNet result 2023: €-15k€-15kOperating result 2024: €33k€33kNet result 2024: €18k€18kOperating result 2025: €46k€46kNet result 2025: €31k€31k202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~18.3%/year over 3 fiscal years, indicative, assuming unchanged policy.
€100k€200k€300k€400k2026: €287k (€268k - €307k)2027: €327k (€307k - €347k)2028: €367k (€347k - €387k)2023: €169k2024: €217k2025: €248k202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 31.3% 55.0%
better than 33% of 4653 sector peers
Net result €31k €38k
better than 45% of 4652 sector peers
Equity €248k €64k
better than 87% of 4653 sector peers
Gross operating margin €86k €61k
better than 65% of 4646 sector peers
Total assets €792k €145k
better than 93% of 4653 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€84k
+46.9% far above sector median
Net profit
€31k
+73.2% far above sector median
Cash flow
€69k
+65.3% far above sector median
Total assets
€792k
-20.8% far above sector median
Equity
€248k
+14.4% +103% vs sector
Working capital
€-74k
-20.6% far below sector median
Debt
€544k
-30.6% far above sector median
Debt ≤ 1y
€106k
-61.5% far above sector median
Debt > 1y
€436k
-14.1% far above sector median
Current ratio
0.30
-61.5% -95% vs sector
Quick ratio
0.30
-61.5% -95% vs sector
Solvency
31.3%
+44.5% -64% vs sector
Debt / equity
2.19
-39.3% far above sector median
ROE
12.6%
+51.4% +213% vs sector
ROA
3.9%
+118.7% +27% vs sector
Interest coverage
5.73
+52.4% -93% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€84k
Net profit€31k
Cash flow€69k
Staff costs-
Income taxes-
Dividends-
Total assets€792k
Equity€248k
Debt€544k
of which ≤ 1y€106k
of which > 1y€436k
Working capital€-74k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.30
Quick ratio0.30
Working capital ratio-9.4%
Solvency31.3%
Debt / equity2.19
Long-term debt ratio1.76
Interest coverage5.73
Gross margin-
Net margin-
ROA3.9%
ROE12.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€792k
Fixed assets 21/28€760k
Tangible fixed assets 22/27€760k
Current assets 29/58€32k
Amounts receivable within one year 40/41€2k
Cash & bank 54/58€30k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€792k
Equity 10/15€248k
Contributions / capital 10/11€213k
Accumulated profits (losses) 14€34k
Amounts payable 17/49€544k
Amounts payable after one year 17€436k
Amounts payable within one year 42/48€106k
Trade debts payable within one year 44€34k
Income statement
Gross operating margin 9900€86k
Operating result 9901€46k
Financial charges 65€15k
Result before taxes 9903€31k
Net result for the period 9904€31k
Result to be appropriated 9905€31k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Head offices & management consulting(70200)
Legal form Private limited company(610)
Incorporation09-09-2022
StatusActive
Postal code1930
Establishment units 1 location
Factory 37
Fabrieksstraat 37, 1930 ZaventemOntwikkeling van residentiële bouwprojecten
since 20222.336.514.620
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23094D0188/00K000 Flanders 1,935 m² 1 · 976 m² 11.9 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
18-03-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
12-03-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
29-05-2024
State Gazette act Registered-office change
10-04-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
Belgisch Staatsblad, acts 1 acts
Address history · 1
29-05-2024
Registered-office move
All acts · 1 updated 2 years ago
2024
29-05-2024 Registered office moved from Overijse to Zaventem Registered-office change
  • Kordialestraat 11, 3090 Overijse → Fabrieksstraat 37, 1930 Zaventem
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Fabrieksstraat 37, 1930 Zaventem",
        "city": "Zaventem",
        "region": "vlaams_gewest",
        "street": "Fabrieksstraat",
        "country": "BE",
        "postcode": "1930",
        "box_number": null,
        "street_number": "37",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Kordialestraat 11, 3090 Overijse",
        "city": "Overijse",
        "region": "vlaams_gewest",
        "street": "Kordialestraat",
        "country": "BE",
        "postcode": "3090",
        "box_number": null,
        "street_number": "11",
        "locality_suffix": null
      },
      "effective_date": "2024-02-28",
      "evidence_quote": "",
      "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": "absolute",
      "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": "Brussel",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-05-29",
    "filing_date": "2024-05-21",
    "act_kind_objet": "Zetelwijziging"
  },
  "decision": {
    "body": "algemene_vergadering",
    "date": "2024-02-28",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0790.633.142",
    "name_full": "Factory37",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": null,
    "org_name": "Blue Rock Advisory BV",
    "person_name": null,
    "org_rep_person_name": "Lybaert Kristof",
    "person_role_at_subject": null
  },
  "co_filed_documents": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige rechtskundige dienstverlening69109Overige rechtskundige dienstverlening69109Activiteiten van hoofdkantoren70100Activiteiten van hoofdkantoren70100
Primary activity highlighted.
Names & trade names
Legal nameNL Factory37
Registered office
Fabrieksstraat 37
1930 Zaventem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative