L. FACTORY

Active

Cooperative companyfounded 20179 yrs activeRue de Praule,Longchamps 28, 5310 Eghezée, BelgiumKBO/BCE: BE 0676.662.793

L. FACTORY has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €702 and a net result of €9k. Equity is shrinking by ~43.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 25% of 26052 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2024

62 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+4

Solvency28▲+28

Growth54=

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

2.8%

Return on assets

34.4%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 26052 sector peers (2024).

NBB · sector comparison

Position among 26052 sector peers

Solvency

better than 25%

← weakest strongest →

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 confirmed

2024

65 d early

2023

296 d late

2022

31 d late

2021

61 d late

2020

40 d early

2019

91 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€19k▲ 17.2%

2019 · €16k

2018: €18k 2019: €16k

2018 → 2020

EBIT margin

-40.3%▼ 39.3pp

2019 · -1.0%

2018: -3.2% 2019: -1.0%

2018 → 2020

Net result

€9k▲ 105%

2023 · €4k

2018: €-703 2019: €-166 2020: €-8k 2021: €-10k 2022: €-9k 2023: €4k

2018 → 2024

Working capital

€-1k▲ 86.1%

2023 · €-8k

2018: €5k 2019: €4k 2020: €-3k 2021: €-6k 2022: €-13k 2023: €-8k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€19k-

Equity€2k-€-3k€-12k▼ 285%€-8k▲ 34.7%€702

Operating result€-8k-€-9k▼ 21.7%€-9k▲ 7.4%€5k€9k▲ 81.3%

Net result€-8k-€-10k▼ 23.9%€-9k▲ 10.4%€4k€9k▲ 105%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2021 the operating result has climbed three years in a row; 2024 is 81% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €25k

92.7%

Fixed assets €2k▲ 909%

Current assets €23k▲ 22.8%

Equity and liabilities €25k

97.2%

Equity €702

Debt €24k

Debt finances 97.2% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€9k▲

2023 · €6k

Cash flow

€9k▲

2023 · €5k

Solvency

2.8%▲

2023 · -41.5%

Current ratio

0.95▲

2023 · 0.70

Quick ratio

0.72▲

2023 · 0.48

ROA

34.4%▲

2023 · 22.0%

Interest coverage

18.62▲

2023 · 6.82

Debt

€24k▼

2023 · €27k

Debt ≤ 1 year

€24k▼

2023 · €27k

Equity ratios withheld: equity of €702 is too small for a meaningful ratio.

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€19k€25k▲

Fixed assets21/28€179€2k▲

Intangible fixed assets21-€422

Tangible fixed assets22/27€179€1k▲

Plant, machinery and equipment23€179€1k▲

Current assets29/58€19k€23k▲

Stocks and contracts in progress3€6k€5k▼

Stocks30/36€6k€5k▼

Amounts receivable within one year40/41€12k€17k▲

Trade receivables40€12k€17k▲

Cash at bank and in hand54/58€56€749▲

Deferred charges and accrued income490/1€478-

Equity and liabilities

Total equity and liabilities10/49€19k€25k▲

Equity10/15€-8k€702▲

Contributions10/11€16k€16k=

Profit (loss) carried forward14€-23k€-15k▲

Amounts payable17/49€27k€24k▼

Amounts payable within one year42/48€27k€24k▼

Financial debts43€4k-

Credit institutions430/8€4k-

Trade debts44€10k€15k▲

Suppliers440/4€10k€15k▲

Taxes, remuneration and social security45€2k€326▼

Taxes450/3€982€326▼

Remuneration and social security454/9€861-

Other amounts payable47/48€11k€9k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€790€420▼

Other operating charges640/8€384-

Gross operating margin9900€6k€9k▲

Operating profit (loss)9901€5k€9k▲

Financial income75/76B€25€5▼

Recurring financial income75€25€5▼

Financial charges65/66B€844€506▼

Recurring financial charges65€844€506▼

Profit (loss) for the period before taxes9903€4k€9k▲

Profit (loss) for the period9904€4k€9k▲

Profit (loss) for the period to be appropriated9905€4k€9k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-23k€-15k▲

Profit (loss) brought forward from the previous period14P€-28k€-23k▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 10Financial 3Filings 7

2025

27-05

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

23-05

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 296 days late

2024

31-12

Financial Highest result since 2018net €9k ▲105%

Operating result €9k, net result €9k, both a record.

2023

31-12

Financial Back to profitnet €4k

Net result €4k after 5 loss-making years.

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

30-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 61 days late

2021

31-12

Financial Weakest financial yearnet €-10k

Net result drops to €-10k, the lowest in the series; recovery starts the following year.

21-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

30-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 91 days late

2019

28-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 28 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Eghezée · 1 establishment unit since 2017

establishment approximate The establishment unit on the map

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.

Rue de Praule,Longchamps 285310 Eghezée

Ground area

963 m²

Building footprint

208 m²

2 parcels, Wallonia. Linked by address, not a title deed.

1 establishment unit

L.FACTORY

Avenue du Parc(BU) 1, 5004 NamurRetail sale of clothing and accessories for women, men, children and babies (general range)

since 20172.264.905.359

2 parcels

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
92021F0248/00_000indicative	Wallonia	676 m²	1 · 135 m²	-
92076B0155/00L000	Wallonia	287 m²	1 · 73 m²	-

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

1 of 2 parcels 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

Of 6,501 companies in sector 47716 we hold annual accounts for 2,440. 247 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formCooperative company

Founded08-06-2017

Fiscal year end31-12

Activities, NACEBEL

47716Retail sale of clothing and accessories for women, men, children and babies (general range)

47792Retail sale of second-hand clothing

14210Manufacture of outerwear

47512Retail sale of household textiles and bedding

85592Vocational training

95290Repair and maintenance of other personal and household goods

Sources

Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.