What is the address of THE FACTORY?

The registered office of THE FACTORY is located at Diestersteenweg 152, 3970 Leopoldsburg.

Is THE FACTORY still active?

Yes. According to the CBE (30 October 2026) THE FACTORY is active, legal situation “Normale toestand”, started on 1 September 1987.

Is THE FACTORY registered on Peppol?

Yes, THE FACTORY is registered on the Peppol network with ID 0208:0434153588.

What is the enterprise number of THE FACTORY?

The enterprise number of THE FACTORY is BE0434153588.

When was THE FACTORY founded?

THE FACTORY was founded on 1 September 1987.

Who are the directors of THE FACTORY?

According to the 2025 annual accounts, the directors of THE FACTORY are: Christiane Sluyter, Patrick Breugelmans, Chokri Mahassine, Martine Peremans.

Is THE FACTORY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 September 1987; 4 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did THE FACTORY make in 2025?

THE FACTORY posted a profit after taxes of € 6,331,486 in financial year 2025.

What is the revenue of THE FACTORY?

In its most recent annual accounts (2025), THE FACTORY reported revenue of € 41,773,800.

How much does an employee at THE FACTORY earn?

The average wage cost per full-time employee at THE FACTORY was € 70,500 in 2025: staff costs of € 570,984 for 8.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does THE FACTORY have?

According to the 2025 annual accounts, THE FACTORY has 8.1 full-time equivalents (FTE).

THE FACTORY (Private Limited) - Leopoldsburg

Q: What does THE FACTORY do?

THE FACTORY is registered with the CBE as active in: Promotie en organisatie van scheppende en uitvoerende kunstevenementen. Private Limited, started on 1 September 1987, 1 establishment.

Dossier THE FACTORY, printed on 30 October 2026 from databakkes.be/en/0434153588/the-factory. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 10.3 to 8.1.

Financials

Financial year 2025

THE FACTORY from Leopoldsburg, company number BE0434153588, closed financial year 2025 with a result of € 6.3 million after tax. For that financial year THE FACTORY recorded revenue of € 41.8 million and equity of € 8.8 million. Compared with financial year 2024, the result moved from € 2.4 million to € 6.3 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.

What it is worth Healthy

€ 8.8 million

▼ 23% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 6.3 million

▲ 161% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 18.1 million

▲ 288% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 9 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

8.1

▼ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 32.7 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 570,984

▼ 10% vs 2024

€ 70,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 192,963

▼ 89% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 2 days on average.

Taxes

€ 466,897

▲ 174% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2021	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,054,952 Revenue 2021: € 1,054,952 First fiscal year in the series	€ 66,757,508 Revenue 2023: € 66,757,508 ▲ € 65.7 million vs 2021 (€ 1,054,952) Favourable step	€ 38,018,065 Revenue 2024: € 38,018,065 ▼ 43% vs 2023 (€ 66,757,508) Unfavourable step	€ 41,773,800 Revenue 2025: € 41,773,800 ▲ 10% vs 2024 (€ 38,018,065) Favourable step	▲ 10%
Profit after taxes	€ -92,739 Profit after taxes 2021: € -92,739 First fiscal year in the series	€ 2,697,552 Profit after taxes 2023: € 2,697,552 ▲ € 2.8 million vs 2021 (€ -92,739) Favourable step	€ 2,425,391 Profit after taxes 2024: € 2,425,391 ▼ 10% vs 2023 (€ 2,697,552) Unfavourable step	€ 6,331,486 Profit after taxes 2025: € 6,331,486 ▲ 161% vs 2024 (€ 2,425,391) Favourable step	▲ 161%
Equity	€ 6,382,375 Equity 2021: € 6,382,375 First fiscal year in the series	€ 9,079,927 Equity 2023: € 9,079,927 ▲ 42% vs 2021 (€ 6,382,375) Favourable step	€ 11,505,318 Equity 2024: € 11,505,318 ▲ 27% vs 2023 (€ 9,079,927) Favourable step	€ 8,836,803 Equity 2025: € 8,836,803 ▼ 23% vs 2024 (€ 11,505,318) Unfavourable step	▼ 23%
Total debts	€ 2,801,316 Total debts 2021: € 2,801,316 First fiscal year in the series	€ 5,984,005 Total debts 2023: € 5,984,005 ▲ 114% vs 2021 (€ 2,801,316) Unfavourable step	€ 1,994,070 Total debts 2024: € 1,994,070 ▼ 67% vs 2023 (€ 5,984,005) Favourable step	€ 9,659,859 Total debts 2025: € 9,659,859 ▲ € 7.7 million vs 2024 (€ 1,994,070) Unfavourable step	▲ € 7.7 million
Cash	€ 5,775,149 Cash 2021: € 5,775,149 First fiscal year in the series	€ 12,775,694 Cash 2023: € 12,775,694 ▲ 121% vs 2021 (€ 5,775,149) Favourable step	€ 4,663,863 Cash 2024: € 4,663,863 ▼ 63% vs 2023 (€ 12,775,694) Unfavourable step	€ 18,076,776 Cash 2025: € 18,076,776 ▲ 288% vs 2024 (€ 4,663,863) Favourable step	▲ 288%
Retained profit	€ 6,363,825 Retained profit 2021: € 6,363,825 First fiscal year in the series	€ 9,061,377 Retained profit 2023: € 9,061,377 ▲ 42% vs 2021 (€ 6,363,825) Favourable step	€ 11,486,768 Retained profit 2024: € 11,486,768 ▲ 27% vs 2023 (€ 9,061,377) Favourable step	€ 8,818,253 Retained profit 2025: € 8,818,253 ▼ 23% vs 2024 (€ 11,486,768) Unfavourable step	▼ 23%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 9,000,000 Dividend 2025: € 9,000,000 Unchanged (€ 0) Unchanged
Balance sheet total	€ 9,183,691 Balance sheet total 2021: € 9,183,691 First fiscal year in the series	€ 15,063,931 Balance sheet total 2023: € 15,063,931 ▲ 64% vs 2021 (€ 9,183,691) Unchanged	€ 13,499,388 Balance sheet total 2024: € 13,499,388 ▼ 10% vs 2023 (€ 15,063,931) Unchanged	€ 18,496,663 Balance sheet total 2025: € 18,496,663 ▲ 37% vs 2024 (€ 13,499,388) Unchanged	▲ 37%
Employees (FTE)	9.8 Employees (FTE) 2021: 9.8 First fiscal year in the series	10.3 Employees (FTE) 2023: 10.3 ▲ 0.5 vs 2021 (9.8) Unchanged	8.3 Employees (FTE) 2024: 8.3 ▼ 2 vs 2023 (10.3) Unchanged	8.1 Employees (FTE) 2025: 8.1 ▼ 0.2 vs 2024 (8.3) Unchanged	▼ 0.2

Key figures of THE FACTORY, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.

What happened to THE FACTORY?

What happened at THE FACTORY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 25, 2026 New annual accounts for financial year 2025: profit of € 6.3 million (▲ 161% vs 2024). Source: NBB ↗
Feb 21, 2007 New establishment in Leopoldsburg. KBO
Sep 1, 1987 Start of the company according to the CBE. KBO

In short

From € 92,739 loss in 2021 to € 6.3 million profit in 2025.

Paid € 3.2 million in corporate taxes since 2021.

Best year ever: 2025, with € 6.3 million profit.

Paid out € 9 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

QUE PASA ? 50%

PLAY MORE MUSIC 25%

The stake of QUE PASA ?, PLAY MORE MUSIC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

THE FACTORY

Gigs Entertainment 100%

Behind THE FACTORY are Christiane Sluyter, Patrick Breugelmans, Chokri Mahassine and Martine Peremans. The shares are held by QUE PASA ? (50%) and PLAY MORE MUSIC (25%). It owns 100% of Gigs Entertainment itself.

Directors

According to the 2025 annual accounts

Christiane Sluyter

Director

Also active at: GIGS Entertainment

Patrick Breugelmans

Director

Also active at: PATRICK PRODUCTIONS, GIGS Entertainment, NaDeZo(n) Immo

Chokri Mahassine

Director

Also active at: GIGS Entertainment

Martine Peremans

Director

Also active at: GIGS Entertainment

Shareholders

QUE PASA ?

50%

PLAY MORE MUSIC

25%

Participations

Gigs Entertainment

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Diestersteenweg 152

3970 Leopoldsburg

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

HUMANISTISCHE JONGEREN LEOPOLDSBURG

Muziekodroom

GIGS Entertainment same network

€ -1,603 gross margin · 2025

R-Rock

PKP Festival

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0434.153.588

VAT number

BE 0434.153.588

Registered office

Diestersteenweg 152, 3970 Leopoldsburg

Names & denominations

THE FACTORY

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 September 1987

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Promotie en organisatie van scheppende en uitvoerende kunstevenementen

Diensten verwant aan de scheppende en uitvoerende kunst

Promotie en organisatie van uitvoerende kunstevenementen

Organisatie van congressen en beurzen

Gespecialiseerde beeld-, verlichtings- en geluidstechnieken

View on CBE Public ↗ Annual accounts (NBB) ↗

THE FACTORY

Warning lights

Financials

What happened to THE FACTORY?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions