The Factory
ActiveSummary
The Factory has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €486,707 and a net result of -€33,896. Equity has been growing by about 8% per year since 2018. Its solvency ranks better than 54% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 13-03-1992 Normal situation
- Activity
- Agents in the wholesale of textiles, clothing, fur, footwear and leather goods NACE 46160
- Establishment unit
- 2.056.674.964 9230 Wetteren, since 17-03-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- VAN DER GUCHT Peter-JanDirector · until 2026
- Holdings
- Shares in 2 companies IMMO VDG and DE ROSKAM
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €77,924
- ▲ 14.5%
- Turnover
- ≈ €390,000
- estimated
- Loss
- €33,896
- Equity
- €486,707
- ▼ 6.5%
- Total assets
- €1.0m
- ▲ 1.7%
- 2025 accounts filed 28 days after the deadline
Score breakdownraises riskLoss of €33,896 (financial year 2025)Liquidity: current ratio 5.05, cash €5,645lowers riskSize: total assets €1.0mFounded in 1992Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 54% of them on solvency, 54% on liquidity, 35% on profitability and 29% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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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Signals
The company filed its last 7 accounts on average 29 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: From profit to loss in 2025after a profit of €27,728 in 2024 -€33,896 View
- Caution: Lower net result than 86% of companies in wholesale tradesector median €26,864 · 9,808 companies -€33,896 View
- Merger with VDG EVENTSmerger on 09-06-2026 2026 View
- A director leftlatest change 29-07-2026 · 0 in office 1 left View
Recent changes
- · Gazette deed Merger: THE FACTORY takes over VDG EVENTSResignation: VAN DER GUCHT Peter-Jan (director) · Appointment: VAN DER GUCHT Peter-Jan (director)
- · Gazette deed Merger proposal: THE FACTORY takes over VDG EVENTSPermanent representative: Peter-Jan Van Der Gucht
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as The Factory: agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160). They are comparable in size and age: total assets between €796,000 and €2.7m, founded between 1980 and 1997.
| Company | Total assets | Gross margin |
|---|---|---|
| The Factory Wetteren | €1.0m | €0.08m |
| STUDIO LUNGARNO Boortmeerbeek | €1.1m | €0.09m |
| DieS Aalter | €1.9m | €0.2m |
| DECREM FABIENNE Halle | €0.8m | €0.08m |
| MUNCKBOS Zottegem | €2.7m | €0.1m |
| ALRA DESIGN Sint-Niklaas | €1.5m | €0.06m |
| THIELEMANS Diest | €0.9m | €0.2m |
Key facts about The Factory
- What is the company number of The Factory?
- The company number of The Factory is 0446.777.644. The VAT number is the same number with BE in front: BE 0446.777.644.
- Where is The Factory based?
- The registered office is at Noordlaan 23, 9230 Wetteren.Company details
- What does The Factory do?
- According to the KBO register, the main activity is agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160).
- What is the legal form of The Factory?
- The legal form of The Factory is Private limited company (pre-2019) (BVBA).
- When was The Factory founded?
- The Factory was founded on 13-03-1992.
- Is The Factory still active?
- Yes, The Factory is an active enterprise in the KBO register.
- What is the turnover of The Factory?
- The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €77,924 and 40 comparable companies (NACE 461). It probably lies between €170,000 and €1.0m.Financials
- Is The Factory profitable?
- In financial year 2025, The Factory made a loss of €33,896.
- Where can I find the annual accounts of The Factory?
- The Factory filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of The Factory due?
- The Factory must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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