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INTERNETFABRIEK

Active
Private limited companyfounded 200818 yrs activeJean-Baptiste Van Monsstraat 121, 3000 Leuven, BelgiumKBO/BCE: BE 0806.789.085
Summary

INTERNETFABRIEK has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €94,919 and a net result of €12,203. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 9636 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability71▼-1
Solvency41▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.33 against 0.18 in 2023; short-term debt: 22.9% and cash: 2.5% of total assets), and 84.1% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
15.9%
Return on assets
2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9636 sector peers (2024).
NBB · sector comparison
Position among 9636 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-04-2025, 120 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
120 d early
2023
5 d early
2022
3 d early
2021
2 d early
2020
5 d late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 21 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

INTERNETFABRIEK was incorporated on 26 September 2008.1 Total assets rose from EUR 214,984 in 2018 to EUR 598,044 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€94,919▲ 14.8%
2023 · €82,715
Total assets
€598,044▲ 6.0%
2023 · €564,102
Net result
€12,203▼ 9.1%
2023 · €13,422
Working capital
-€92,187▼ 32.7%
2023 · -€69,470
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€11,442▲ 99.3%€56,202▲ 391%€60,468▲ 7.6%€31,829▼ 47.4%€32,110▲ 0.9%
Net result€604within the sector's middle half▼ 54.2%€32,055above the sector's middle half▲ 5,204%€42,332within the sector's middle half▲ 32.1%€13,422within the sector's middle half▼ 68.3%€12,203within the sector's middle half▼ 9.1%
Equity€18,907within the sector's middle half▲ 3.3%€50,962within the sector's middle half▲ 170%€69,294below the sector's middle half▲ 36.0%€82,715below the sector's middle half▲ 19.4%€94,919below the sector's middle half▲ 14.8%
Total assets€632,158above the sector's middle half▲ 50.7%€660,436above the sector's middle half▲ 4.5%€610,411within the sector's middle half▼ 7.6%€564,102within the sector's middle half▼ 7.6%€598,044within the sector's middle half▲ 6.0%
Debt€613,251▲ 52.8%€609,474▼ 0.6%€541,118▼ 11.2%€481,386▼ 11.0%€503,125▲ 4.5%
Working capital-€142,879below the sector's middle half▼ 311%-€168,598below the sector's middle half▼ 18.0%-€94,713below the sector's middle half▲ 43.8%-€69,470below the sector's middle half▲ 26.7%-€92,187below the sector's middle half▼ 32.7%
Solvency3.0%below the sector's middle half▼ 1.4pp7.7%within the sector's middle half▲ 4.7pp11.4%below the sector's middle half▲ 3.6pp14.7%below the sector's middle half▲ 3.3pp15.9%below the sector's middle half▲ 1.2pp
Current ratio0.15below the sector's middle half▼ 0.530.14below the sector's middle half▼ 0.010.16below the sector's middle half▲ 0.020.18below the sector's middle half▲ 0.030.33below the sector's middle half▲ 0.14
Return on assets (ROA)0.1%within the sector's middle half▼ 0.2pp4.9%within the sector's middle half▲ 4.8pp6.9%within the sector's middle half▲ 2.1pp2.4%within the sector's middle half▼ 4.6pp2.0%within the sector's middle half▼ 0.3pp
Staff (FTE)0.3below the sector's middle half▼ 40.0%0below the sector's middle half
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2020: €11,442€11,442Net result 2020: €604€604Operating result 2021: €56,202€56,202Net result 2021: €32,055€32,055Operating result 2022: €60,468€60,468Net result 2022: €42,332€42,332Operating result 2023: €31,829€31,829Net result 2023: €13,422€13,422Operating result 2024: €32,110€32,110Net result 2024: €12,203€12,20320202021202220232024€0€20,000€40,000€60,000Operating result 2022: €60,468€60,500Net result 2022: €42,332€42,300Operating result 2023: €31,829€31,800Net result 2023: €13,422€13,400Operating result 2024: €32,110€32,100Net result 2024: €12,203€12,200202220232024
The operating result recovers in 2024; 2024 is 1% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €598,044
Fixed assets €553,414 ▲ 0.9%
Current assets €44,630 ▲ 186%
Equity and liabilities €598,044
Equity €94,919 ▲ 14.8%
Debt €503,125 ▲ 4.5%
Debt's share of the balance-sheet total falls from 85.3% to 84.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€77,613▼
2023 · €77,858
Cash flow
€57,706▼
2023 · €59,450
Debt to equity
5.30▼
2023 · 5.82
ROE
12.9%▼
2023 · 16.2%
Interest coverage
6.00▼
2023 · 7.98
Debt ≤ 1 year
€136,817▲
2023 · €85,049
Debt > 1 year
€361,877▼
2023 · €395,588
Income taxes
€7,752▼
2023 · €9,638
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,105 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 98% are still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
0.9% went bankrupt
0.9% stopped otherwise
98% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 4,105 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet Code20232024
Assets
Total assets20/58€564,102€598,044▲
Fixed assets21/28€548,523€553,414▲
Tangible fixed assets22/27€543,523€540,414▼
Land and buildings22€133,846€124,286▼
Plant, machinery and equipment23€409,024€387,186▼
Furniture and vehicles24€652€28,942▲
Financial fixed assets28€5,000€13,000▲
Current assets29/58€15,579€44,630▲
Amounts receivable within one year40/41€10,602€24,635▲
Trade receivables40€985€16,505▲
Other amounts receivable41€9,617€8,130▼
Cash at bank and in hand54/58€799€14,720▲
Deferred charges and accrued income490/1€4,177€5,275▲
Equity and liabilities
Total equity and liabilities10/49€564,102€598,044▲
Equity10/15€82,715€94,919▲
Contributions10/11€21,000€21,000=
Reserves13€61,715€73,919▲
Distributable reserves133€61,715€73,919▲
Profit (loss) carried forward14€0-
Amounts payable17/49€481,386€503,125▲
Amounts payable after more than one year17€395,588€361,877▼
Financial debts170/4€395,588€361,877▼
Amounts payable within one year42/48€85,049€136,817▲
Current portion of amounts payable after more than one year42€33,057€36,081▲
Financial debts43€14,998€0▼
Credit institutions430/8€14,998€0▼
Trade debts44€3,107€205▼
Suppliers440/4€3,107€205▼
Advances received on contracts in progress46€11,688€8,372▼
Taxes, remuneration and social security45€12,228€18,956▲
Taxes450/3€12,228€18,956▲
Other amounts payable47/48€9,970€73,204▲
Accrued charges and deferred income492/3€750€4,432▲
Income statement Code20232024
Non-recurring operating income76A-€299
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46,029€45,503▼
Other operating charges640/8€4,643€2,784▼
Gross operating margin9900€82,501€80,397▼
Operating profit (loss)9901€31,829€32,110▲
Financial income75/76B€982€782▼
Recurring financial income75€982€782▼
Financial charges65/66B€9,751€12,937▲
Recurring financial charges65€9,751€12,937▲
Profit (loss) for the period before taxes9903€23,060€19,955▼
Income taxes67/77€9,638€7,752▼
Profit (loss) for the period9904€13,422€12,203▼
Profit (loss) for the period to be appropriated9905€13,422€12,203▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,422€12,203▼
Transfer to equity691/2€13,422€12,203▼
To other reserves6921€13,422€12,203▼
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A----€299-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,892€45,268€47,751€46,029€45,503▼ 1.1%
Other operating charges640/8-€956€1,657€4,643€2,784▼ 40.0%
Gross operating margin9900€62,059€102,426€109,875€82,501€80,397▼ 2.5%
Operating profit (loss)9901€11,442€56,202€60,468€31,829€32,110▲ 0.9%
Financial income75/76B-€648€315€982€782▼ 20.4%
Recurring financial income75€284€648€315€982€782▼ 20.4%
Financial charges65/66B-€12,031€12,187€9,751€12,937▲ 32.7%
Recurring financial charges65€9,732€12,031€12,187€9,751€12,937▲ 32.7%
Profit (loss) for the period before taxes9903€1,994€44,819€48,595€23,060€19,955▼ 13.5%
Income taxes67/77€1,389€12,764€6,263€9,638€7,752▼ 19.6%
Profit (loss) for the period9904€604€32,055€42,332€13,422€12,203▼ 9.1%
Profit (loss) for the period to be appropriated9905€604€32,055€42,332€13,422€12,203▼ 9.1%
Line20202021202220232024Change
Assets
Total assets20/58€632,158€660,436€610,411€564,102€598,044▲ 6.0%
Fixed assets21/28€606,870€632,952€592,902€548,523€553,414▲ 0.9%
Tangible fixed assets22/27€601,870€627,952€587,902€543,523€540,414▼ 0.6%
Land and buildings22-€152,967€143,407€133,846€124,286▼ 7.1%
Plant, machinery and equipment23-€466,117€439,582€409,024€387,186▼ 5.3%
Furniture and vehicles24-€8,869€4,913€652€28,942▲ 4,337%
Financial fixed assets28€5,000€5,000€5,000€5,000€13,000▲ 160%
Current assets29/58€25,288€27,483€17,510€15,579€44,630▲ 186%
Amounts receivable within one year40/41€18,845€25,904€13,306€10,602€24,635▲ 132%
Trade receivables40-€24,872€12,686€985€16,505▲ 1,576%
Other amounts receivable41-€1,032€620€9,617€8,130▼ 15.5%
Cash at bank and in hand54/58€4,598€3€0€799€14,720▲ 1,742%
Deferred charges and accrued income490/1-€1,576€4,203€4,177€5,275▲ 26.3%
Equity and liabilities
Total equity and liabilities10/49€632,158€660,436€610,411€564,102€598,044▲ 6.0%
Equity10/15€18,907€50,962€69,294€82,715€94,919▲ 14.8%
Contributions10/11-€21,000€21,000€21,000€21,000=
Reserves13-€29,962€48,294€61,715€73,919▲ 19.8%
Distributable reserves133-€29,962€48,294€61,715€73,919▲ 19.8%
Profit (loss) carried forward14-€2,093-€0€0--
Amounts payable17/49€613,251€609,474€541,118€481,386€503,125▲ 4.5%
Amounts payable after more than one year17€445,084€413,341€428,645€395,588€361,877▼ 8.5%
Financial debts170/4-€413,341€428,645€395,588€361,877▼ 8.5%
Amounts payable within one year42/48€168,167€196,081€112,223€85,049€136,817▲ 60.9%
Current portion of amounts payable after more than one year42-€32,043€32,415€33,057€36,081▲ 9.1%
Financial debts43-€15,010€2,654€14,998€0▼ 100%
Credit institutions430/8-€15,010€2,654€14,998€0▼ 100%
Trade debts44€29,947€5,735€2,246€3,107€205▼ 93.4%
Suppliers440/4-€5,735€2,246€3,107€205▼ 93.4%
Advances received on contracts in progress46--€4,598€11,688€8,372▼ 28.4%
Taxes, remuneration and social security45-€18,342€22,433€12,228€18,956▲ 55.0%
Taxes450/3-€18,342€22,433€12,228€18,956▲ 55.0%
Other amounts payable47/48-€124,950€47,877€9,970€73,204▲ 634%
Accrued charges and deferred income492/3-€52€250€750€4,432▲ 491%
Line20202021202220232024Change
Profit (loss) for the period9904€604€32,055€42,332€13,422€12,203▼ 9.1%
+ Depreciation and write-downs630€37,892€45,268€47,751€46,029€45,503▼ 1.1%
Operating cash flow (approximation)€38,496€77,323€90,083€59,450€57,706▼ 2.9%
Investment in fixed assets (approximation)--€71,350-€7,700-€1,650-€50,393▼ 2,954%
Change in cash--€4,595-€2€799€13,921▲ 1,643%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
02-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2018net €42,332 ▲32.1%
Operating result €60,468, net result €42,332, both a record.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
05-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
29-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Leuven · 2 establishment units since 2008
seat establishment All 2 establishment units on the map
Ground area
2,765 m²
Building footprint
268 m²
Volume, LiDAR
806 m³
2 parcels, Flanders, Wallonia · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
INTERNETFABRIEK
Jean-Baptiste Van Monsstraat 121, 3000 LeuvenManufacture of computer, electronic and optical products
since 20082.173.881.648
Rue de l'Etoile(N) 12, 1350 Orp-Jauche
General construction of buildings
since 20192.296.864.285
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
25074A0435/00D000 Wallonia 2,604 m² 1 · 194 m² -
24062A1013/00N012 Flanders 161 m² 1 · 74 m² 15.0 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of INTERNETFABRIEK and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 911 companies in sector 47793 we hold annual accounts for 162. 120 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded26-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
47793Retail sale of other second-hand goods, excluding clothing
47640Retail sale of games and toys
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47792Retail sale of second-hand clothing
61200Telecommunications resale and intermediation services
62900Other information technology and computer services
Contact
E-mail info@internetfabriek.be
Phone 32492277172
Phone 0492 27 71 72Leuven
E-invoicing
Reachable via Peppol
Peppol ID 0208:0806789085

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.