Active BE 0787.412.445Private limited company

THE HAZARD FACTORY

Stevenistenweg 8 ·8860 Lendelede, Belgium· 4 yrs active

Sector: Beroepsopleiding (85592)

Conclusion Checked

The computed 12-month bankruptcy probability of THE HAZARD FACTORY is 0.4% (very low). The 2024 annual accounts show equity of €750k and a net result of €-213k. Its solvency ranks better than 72% of 806 sector peers (fiscal year 2024). 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 2 annual accounts.

Key figures

Equity	€750k
Net result	€-213k
Staff (FTE)	1
Better than sector	72%

Financial profile 5 of 5 axes measured · computed by Checked

60 / 100

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 55

Profitability 0

Solvency 100

Growth 52

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: weaker 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 2 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, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

55 / 100 Fair

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 04-07-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 85 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	67.1%	41.3%	better than 72% of 806 sector peers
Net result	€-213k	€7k	better than 5% of 804 sector peers
Equity	€750k	€19k	better than 95% of 806 sector peers
Gross operating margin	€-38k	€19k	better than 5% of 805 sector peers
Staff costs	€72k	€17k	higher than 79% of 159 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-111k

-346.0% 23-24

Net profit

€-213k

-149.3% 23-24

Cash flow

€-120k

-218.4% 23-24

Total assets

€1.12M

+121.9% 23-24

Equity

€750k

+356.3% 23-24

Working capital

€473k

+256.0% 23-24

Employees (FTE)

1

+233.3% 23-24

Staff costs

€72k

+481.3% 23-24

Show 11 other metrics

Income taxes

€135

+364.6% 23-24

Debt

€367k

+8.3% 23-24

Debt ≤ 1y

€171k

+222.4% 23-24

Debt > 1y

€196k

-31.5% 23-24

Current ratio

3.76

+7.5% 23-24

Quick ratio

3.76

+7.5% 23-24

Solvency

67.1%

+105.7% 23-24

Debt / equity

0.49

-76.3% 23-24

ROE

-28.4%

+45.4% 23-24

ROA

-19.1%

-12.4% 23-24

Interest coverage

-10.08

-451.0% 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€-111k
Net profit	€-213k
Cash flow	€-120k
Staff costs	€72k
Income taxes	€135
Dividends	-
Total assets	€1.12M
Equity	€750k
Debt	€367k
of which ≤ 1y	€171k
of which > 1y	€196k
Working capital	€473k
Employees (FTE)	1.0

Ratios (computed)

	2024
Current ratio	3.76
Quick ratio	3.76
Working capital ratio	42.3%
Solvency	67.1%
Debt / equity	0.49
Long-term debt ratio	0.26
Interest coverage	-10.08
Gross margin	-
Net margin	-
ROA	-19.1%
ROE	-28.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €474k · 42.4% Current assets €644k · 57.6%

Equity & liabilities

Equity €750k · 67.1% Debt €367k · 32.9%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.12M
Fixed assets	21/28	€474k
Intangible fixed assets	21	€466k
Tangible fixed assets	22/27	€8k
Current assets	29/58	€644k
Amounts receivable within one year	40/41	€154k
Investments	50/53	€300k
Cash & bank	54/58	€188k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.12M
Equity	10/15	€750k
Contributions / capital	10/11	€1.05M
Accumulated profits (losses)	14	€-299k
Amounts payable	17/49	€367k
Amounts payable after one year	17	€196k
Amounts payable within one year	42/48	€171k
Trade debts payable within one year	44	€60k
Income statement
Gross operating margin	9900	€-38k
Operating result	9901	€-204k
Financial income	75	€2k
Financial charges	65	€11k
Result before taxes	9903	€-213k
Income taxes	67/77	€135
Net result for the period	9904	€-213k
Result to be appropriated	9905	€-213k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 3 directors

Directors derived from a single State Gazette act, under verification

All 3 current directors first appear in the same act (24422452). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.

Current directors & mandates

Kairos ManagementLegal entity
Director· perm. rep.: DEBUSSCHERE, Tom
State Gazette act 24422452 (14-08-2024)

Current
14-08-2024 → present
SENANGLegal entity
Director· perm. rep.: VAN DERBEKEN Wouter
State Gazette act 24422452 (14-08-2024)

Current
14-08-2024 → present
2 events
- 14-08-2024 Resigned· Director
- 14-08-2024 Appointed· Director
VAN MEIRHAEGHE Rik
Director
State Gazette act 24422452 (14-08-2024)

Current
14-08-2024 → present

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Beroepsopleiding(85592)
Legal form	Private limited company(610)
Incorporation	20-06-2022
Status	Active
Postal code	8860

Establishment units 1 location

The Hazard Factory

Stevenistenweg 8, 8860 LendeledeUitgeven van overige software

since 20222.332.386.180

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.
34025D0195/00R000	Flanders	1,945 m²	1 · 200 m²	8.4 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 3 events

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

2025

04-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

14-08-2024

State Gazette act Capital & shares

Yorik DESMYTTERE

18-06-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

Belgian State Gazette reading coverage 0 of 2 acts read

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.

Belgisch Staatsblad, acts 1 acts

Capital history · 1

14-08-2024

Capital change

All acts · 1 updated 2 years ago

2024

14-08-2024 Capital increase of €799,200 Capital & shares·Yorik DESMYTTERE

Inbreng in geld · Apport en numéraire

Notary: Yorik DESMYTTERE · BrusselFirm: BERQUIN NOTARISSEN

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Beroepsopleiding85592Uitgeven van overige software58290Overige diensten op het gebied van informatietechnologie en computer62900Overige zakelijke dienstverlening, neg82990

Primary activity highlighted.

Names & trade names

Legal nameNL

THE HAZARD FACTORY

Registered office

Stevenistenweg 8

8860 Lendelede, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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