Financials
Financial year 2025
FACTORY 1938 from Harelbeke, company number BE0422599108, closed financial year 2025 with a result of € 3,586 after tax. For that financial year FACTORY 1938 recorded a gross margin of € 8,042 and equity of € 166,720. Compared with financial year 2024, the result moved from € -3,166 to € 3,586. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 166,720
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,586
▲ still € 3,166 loss in 2024
Profit after tax over the fiscal year.
€ 2,629
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 148,128.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 164
Supplier invoices still open on the last day of the fiscal year.
€ 640
▼ 84% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,383 | € 7,269 | € 1,767 | € 8,042 | ▲ € 6,276 |
| Profit after taxes | € 3,871 | € 12,854 | € -3,166 | € 3,586 | ▲ € 6,752 |
| Equity | € 153,446 | € 166,300 | € 163,134 | € 166,720 | ▲ 2% |
| Total debts | € 26,929 | € 6,253 | € 4,923 | € 1,604 | ▼ 67% |
| Cash | € 9,214 | € 25,978 | € 5,683 | € 2,629 | ▼ 54% |
| Land & buildings | € 16,585 | € 37,116 | € 52,756 | € 52,621 | |
| Retained profit | € 134,854 | € 147,708 | € 144,542 | € 148,128 | ▲ 2% |
| Dividend | € 143,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 29 | € 0 | ▼ 100% |
| Balance sheet total | € 180,375 | € 172,554 | € 168,057 | € 168,324 |
Key figures of FACTORY 1938, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FACTORY 1938?
What happened at FACTORY 1938 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,586. Source: NBB ↗
- Jan Helskens became a director. NBB
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,871 profit in 2022 to € 3,586 profit in 2025.
Paid € 8,671 in corporate taxes since 2022.
Best year ever: 2023, with € 12,854 profit.
Paid out € 143,000 in dividends to the owners in total.
Management
Behind FACTORY 1938 is Jan Helskens. Jan Helskens is also behind The Cookware Company Europe, FRIZINI, Apollo Topco, Apollo Finco and Apollo Bidco.
Directors
According to the 2025 annual accounts
Jan Helskens
Director
Also active at: The Cookware Company Europe, FRIZINI, Apollo Topco, Apollo Finco, Apollo Bidco, Apollo Midco, Jan Helskens Consulting, SOJA Investments +6 more
since 2024
Establishments
Establishment units
Physical locations of this company
Watermolenstraat 48
8530 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.599.108
- VAT number
- BE 0422.599.108
- Registered office
- Watermolenstraat 48, 8530 Harelbeke
- Names & denominations
- FACTORY 1938
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 1982
- Peppol
- Active · Active since 3 Oct 2025
- Activities · NACE
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