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THE MAILING FACTORY

Active
Public limited companyfounded 2004active for 22 yearsRusatiralaan 1, 1083 Ganshoren, BelgiumKBO/BCE: BE 0867.283.829

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

THE MAILING FACTORY has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €53,406. Equity has been growing by about 16% per year since 2018. Its solvency ranks better than 45% of 57 sector peers (NACE 53, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
THE MAILING FACTORYActiveChecked score 90/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 16-09-2004 Normal situation
Activity
Other postal and courier activities NACE 53200and 4 others
Establishment unit
2.139.552.952 1083 Ganshoren, since 16-09-2004
Financial year end
31 December
Peppol
Reachable since 06-08-2025
Company details

Board and ownership

Board
Auditor
BV MOORE AUDIT
Shareholders
Board & ownership

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€8.7m
▼ 11.9%
Profit
€53,406
▼ 86.1%
Equity
€3.5m
▲ 1.5%
Total assets
€9.1m
▼ 0.7%
Employees on 31-12-2025
66
▼ 2.9%
Filed on 15-06-2026, 46 days before the deadline
Financials
Score breakdownraises riskSector: Postal and courier activities (NACE 53)lowers riskFounded in 2004Liquidity: current ratio 1.64, cash €1.4mLegal form: public limited companyShow the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 41% of all companies
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 64+1
equity 38.6% of total assets
Liquidity 39-12
short-term debt 58.4% · cash 15.4%
Profitability 57-10
return on assets 0.6%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (11 companies, NACE 53, medium-sized)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €310,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.64 (1.62 in 2024), above the usual 1.5. Short-term debt is 58.4% and cash 15.4% of total assets. However, 61.4% 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 (all companies). It does better than 54% of them on solvency, 40% on liquidity, 43% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Postal and courier activities (NACE 53)
KBO
lowers risk · Liquidity: current ratio 1.64, cash €1.4m
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 days early
2024
34 days early
2023
40 days early
2022
33 days early
2021
44 days early
2020
45 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 39 days before the deadline. In the sector (NACE 53), the median for financial year 2024 was 13 days after the deadline, and 56% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €382,956 to €53,406 ▼ 86.1% View
  • Positive: Largest company by total assets in Ganshoren, Transport and storage sectorin the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €53,406 8 years View

Companies linked to THE MAILING FACTORY

Parent and group

Comparable companies

These companies have the same main activity as THE MAILING FACTORY: other postal and courier activities (NACE 53200). They are comparable in size and age: total assets between €4.9m and €13m, founded between 1969 and 1996.

CompanyTotal assetsTurnover
THE MAILING FACTORY Ganshoren€9.1m€8.7m
ON TIME SOLUTIONS Antwerpen€8.0m€14.7m
On Time Distribution Kortrijk€10.1m€18.0m
EURO - SPRINTERS Brussel€11.2m€17.0m
ANCIENS ETABLISSEMENTS HENRI DEBLIQUIT Binche€5.2m€16.0m
VAN CAUDENBERG Hoeilaart€4.9m€9.7m
UPS SCS (Belgium) NV Antwerpen€13.0m€26.6m
Full comparison

Documents

Annual accounts at the NBB

All 21 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about THE MAILING FACTORY
What is the company number of THE MAILING FACTORY?
The company number of THE MAILING FACTORY is 0867.283.829. The VAT number is the same number with BE in front: BE 0867.283.829.
Where is THE MAILING FACTORY based?
The registered office is at Rusatiralaan 1, 1083 Ganshoren.Company details
What does THE MAILING FACTORY do?
According to the KBO register, the main activity is other postal and courier activities (NACE 53200).
What is the legal form of THE MAILING FACTORY?
The legal form of THE MAILING FACTORY is Public limited company (NV).
When was THE MAILING FACTORY founded?
THE MAILING FACTORY was founded on 16-09-2004.
Is THE MAILING FACTORY still active?
Yes, THE MAILING FACTORY is an active enterprise in the KBO register.
How many employees does THE MAILING FACTORY have?
THE MAILING FACTORY had an average of 66.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of THE MAILING FACTORY?
The turnover of THE MAILING FACTORY was €8.7m in financial year 2025, according to the filed annual accounts.
Is THE MAILING FACTORY profitable?
In financial year 2025, THE MAILING FACTORY made a profit of €53,406.
Where can I find the annual accounts of THE MAILING FACTORY?
THE MAILING FACTORY filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of THE MAILING FACTORY due?
THE MAILING FACTORY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark

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