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L. FACTORY

Active
Cooperative companyfounded 2017active for 9 yearsRue de Praule,Longchamps 28, 5310 Eghezée, BelgiumKBO/BCE: BE 0676.662.793
Summary

The computed 12-month bankruptcy probability of L. FACTORY is 3.9% (moderate). The 2024 annual accounts show equity of €702 and a net result of €8,501. Equity has been shrinking by about 44% per year since 2018. If that trend continues, it turns negative around financial year 2025. Its solvency ranks better than 25% of 25,561 sector peers (NACE 47, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 08-06-2017 Normal situation
Activity
Retail sale of second-hand clothing NACE 47792and 5 others
Establishment unit
2.264.905.359 5004 Namur, since 08-06-2017
Financial year end
31 December
Peppol
Reachable since 20-11-2020

Board and ownership

Board
Shareholders
  • Julie Delhauteurdeed of 30-12-2022
  • Thierry Van Cauwenbergdeed of 30-12-2022

Financial position

49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.9%
Annual accounts 2024
Gross margin
€9,422
▲ 53.5%
Turnover
≈ €98,000
estimated
Profit
€8,501
▲ 105%
Equity
€702
Total assets
€24,686
▲ 31.2%
  • 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 27-05-2025)1 financial year not filed after the legal deadline; 2 of the last 3 accounts lateLegal form: cooperative companylowers riskSize: total assets €24,686Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 54% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2023
Average
Solvency 28+28
equity 2.8% of total assets
Liquidity 4+4
short-term debt 97.2% · cash 3.0%
Profitability 100+4
return on assets 34.4%
Bankruptcy probability within 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,278 companies, NACE 47, micro)
Last 24 months 12-2024: 6.1% 01-2025: 8.1%▲ +2.0 percentage points vs 12-2024 02-2025: 8.1%● unchanged vs 01-2025 03-2025: 8.4%▲ +0.3 percentage points vs 02-2025highest value 04-2025: 7.9%▼ -0.5 percentage points vs 03-2025 05-2025: 7.9%● unchanged vs 04-2025 06-2025: 2.4%▼ -5.5 percentage points vs 05-2025 07-2025: 2.3%▼ -0.1 percentage points vs 06-2025 08-2025: 2.1%▼ -0.2 percentage points vs 07-2025 09-2025: 2.1%● unchanged vs 08-2025 10-2025: 2.0%▼ -0.1 percentage points vs 09-2025 11-2025: 2.0%● unchanged vs 10-2025 12-2025: 2.0%● unchanged vs 11-2025 01-2026: 1.9%▼ -0.1 percentage points vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 1.9%● unchanged vs 05-2026lowest value 07-2026: 1.9%● unchanged vs 06-2026 08-2026: 2.6%▲ +0.7 percentage points vs 07-2026 09-2026: 2.9%▲ +0.3 percentage points vs 08-2026 10-2026: 3.9%▲ +1.0 percentage point vs 09-2026 11-2026: 3.9%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.95 (0.7 in 2023), below 1. Short-term debt is 97.2% and cash 3% of total assets. 97.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 21% of them on solvency, 6% on liquidity, 96% on profitability and 93% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed on 27-05-2025)
NBB · annual accounts
lowers risk · Size: total assets €24,686
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; 2 of the last 3 accounts late
NBB · filings
raises risk · Legal form: cooperative company
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 25561 sector peers (2024).
NBB · sector comparison
Position among 25561 sector peers
Solvency
better than 25%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 7 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
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 27-05-2025, 65 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not filed
2024
65 days early
2023
296 days late
2022
31 days late
2021
61 days late
2020
40 days early
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 62 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Resignation: Julie Delhauteur (director)Appointment: Thierry Van Cauwenberg (director) · Director discharge: Julie Delhauteur
  2. · Gazette deed Reappointment: DELHAUTEUR Julie (director)“De satisfaire aux besoins et de développer les activités économiques [et/ou sociales] de ses actionnaires et…” (deed in French)
  3. · Gazette deed Share transfer · Resignations & appointmentsTransfer of 63 shares from Caroline Vromman to Julie Delhauteur · Transfer of 63 shares from Deris Demaret to Thierry Van Cauwenberg · Resignation: Caroline Vromman (director)
All 14 events

Comparable companies

These companies have the same main activity as L. FACTORY: retail sale of second-hand clothing (NACE 47792). They are comparable in size and age: total assets between €14,000 and €32,100, founded between 2010 and 2019.

CompanyTotal assetsGross margin
L. FACTORY Eghezée€24,686€9,422
ALEON Brussels€15,428€10,095
TATA YOYO & PAULINE CARTON Gembloux€32,007€15,082
OZO TRADING Etterbeek€17,158€34,535
HEAM ALALI Ixelles€32,063€32,292
OCHIC Liège€13,983€11,362
TRADITIONS Antwerp€22,800€2,538
Full comparison

Key facts about L. FACTORY

What is the company number of L. FACTORY?
The company number of L. FACTORY is 0676.662.793. The VAT number is the same number with BE in front: BE 0676.662.793.
Where is L. FACTORY based?
The registered office is at Rue de Praule,Longchamps 28, 5310 Eghezée.Company details
What does L. FACTORY do?
According to the KBO register, the main activity is retail sale of second-hand clothing (NACE 47792).
What is the legal form of L. FACTORY?
L. FACTORY is a cooperative company (CV).
When was L. FACTORY founded?
L. FACTORY was founded on 08-06-2017.
Is L. FACTORY still active?
Yes, L. FACTORY is an active enterprise in the KBO register.
How many employees does L. FACTORY have?
L. FACTORY had an average of 0.6 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of L. FACTORY?
The turnover in financial year 2024 is ≈ €98,000. This figure is estimated from the gross margin of €9,422 and 118 comparable companies (NACE 477). It probably lies between €36,000 and €210,000. It is a rough estimate. In financial year 2020 turnover was €19,105.
Is L. FACTORY profitable?
In financial year 2024, L. FACTORY made a profit of €8,501.
Where can I find the annual accounts of L. FACTORY?
L. FACTORY filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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