Factory37
ActiveSummary
Factory37 has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €248k and a net result of €31k. Equity is growing by ~18.3% per year across the filed fiscal years. Its solvency ranks better than 31% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+19
Solvency56▲+9
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.3 against 0.78 in 2024; short-term debt: 13.4% and cash: 3.8% of total assets), and 68.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.3%
Return on assets
3.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-03-2026, 43 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
43 d early
2024
49 d early
2023
20 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€248k▲ 14.4%
2024 · €217k
2023: €169k
2024: €217k
2023 → 2025
Total assets
€792k▼ 20.8%
2024 · €1,000k
2023: €647k
2024: €1,000k
2023 → 2025
Net result
€31k▲ 73.2%
2024 · €18k
2023: €-15k
2024: €18k
2023 → 2025
Working capital
€-74k▼ 20.6%
2024 · €-62k
2023: €-26k
2024: €-62k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€169k-€217k▲ 28.5%€248k▲ 14.4%
Operating result€-8k-€33k€46k▲ 38.1%
Net result€-15k-€18k€31k▲ 73.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 38% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €792k
Fixed assets
€760k ▼ 3.4%
Current assets
€32k ▼ 85.2%
Equity and liabilities €792k
Equity
€248k ▲ 14.4%
Debt
€544k ▼ 30.6%
Debt's share of the balance-sheet total falls from 78.3% to 68.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€84k▲
2024 · €57k
Cash flow
€69k▲
2024 · €42k
Current ratio
0.30▼
2024 · 0.78
Debt to equity
2.19▼
2024 · 3.62
ROE
12.6%▲
2024 · 8.3%
ROA
3.9%▲
2024 · 1.8%
Interest coverage
5.73▲
2024 · 3.76
Debt ≤ 1 year
€106k▼
2024 · €275k
Debt > 1 year
€436k▼
2024 · €508k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1,000k€792k▼
Fixed assets21/28€786k€760k▼
Tangible fixed assets22/27€786k€760k▼
Other tangible fixed assets26€786k€760k▼
Assets under construction and advance payments27€0-
Current assets29/58€214k€32k▼
Amounts receivable within one year40/41€158k€2k▼
Other amounts receivable41€158k€2k▼
Cash at bank and in hand54/58€55k€30k▼
Deferred charges and accrued income490/1€452€0▼
Equity and liabilities
Total equity and liabilities10/49€1,000k€792k▼
Equity10/15€217k€248k▲
Contributions10/11€213k€213k=
Profit (loss) carried forward14€3k€34k▲
Amounts payable17/49€783k€544k▼
Amounts payable after more than one year17€508k€436k▼
Financial debts170/4€508k€436k▼
Amounts payable within one year42/48€275k€106k▼
Current portion of amounts payable after more than one year42€70k€72k▲
Trade debts44€35k€34k▼
Suppliers440/4€35k€34k▼
Taxes, remuneration and social security45€21k€0▼
Taxes450/3€21k€0▼
Other amounts payable47/48€150k€0▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€38k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€60k€86k▲
Operating profit (loss)9901€33k€46k▲
Financial charges65/66B€15k€15k▼
Recurring financial charges65€15k€15k▼
Profit (loss) for the period before taxes9903€18k€31k▲
Profit (loss) for the period9904€18k€31k▲
Profit (loss) for the period to be appropriated9905€18k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€34k▲
Profit (loss) brought forward from the previous period14P€-15k€3k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2023net €31k ▲73.2%
Operating result €46k, net result €31k, both a record.
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
30-09
Financial
Equity above €200kEq €217k ▲28.5%
Equity rises from €169k to €217k.
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zaventem · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Fabrieksstraat 371930 ZaventemGround area
1,935 m²
Building footprint
976 m²
Volume, LiDAR
6,348 m³
Parcel 23094D0188/00K000, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Factory 37
since 20222.336.514.620
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0188/00K000 | Flanders | 1,935 m² | 1 · 976 m² | 11.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GOVERNMENT EXCHANGE
BE 0878.500.987
Brussel · Eq €247,842
DN MANAGEMENT SERVICES
BE 0744.835.779
Meise · Eq €247,812
F12
BE 0744.456.093
Kraainem · Eq €247,791
LELIMA PHARMA
BE 0691.649.590
Ottignies-Louvain-la-Neuve · Eq €247,899
GreenLama
BE 0825.698.642
Namur · Eq €247,911
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 38,959 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2022
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
69109Other legal services
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.