Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
THE FAKTORY from Liège, company number BE0648911588, closed financial year 2025 with a result of € -1.9 million after tax. For that financial year THE FAKTORY recorded a gross margin of € -234,691 and equity of € 6.8 million. Compared with financial year 2024, the result moved from € -484,171 to € -1.9 million. The company made a loss. 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 October 27, 2026.
€ 6.8 million
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.9 million
▼ 291 % more loss than in 2024
Profit after tax over the fiscal year.
€ 31,139
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7.9 million.
People and assets in 2025
4.5
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 260,337
▲ 14% vs 2024
€ 57,900 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.
€ 86,524
▲ 81% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 113,656
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,093
▼ 50% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -233,866 | € -282,573 | € -120,250 | € -234,691 | ▼ € 114,442 |
| Profit after taxes | € -441,043 | € -536,296 | € -484,171 | € -1,893,036 | ▼ € 1.4 million |
| Equity | € 9,712,310 | € 9,176,014 | € 8,691,843 | € 6,798,808 | ▼ 22% |
| Total debts | € 3,339,970 | € 4,267,347 | € 5,679,203 | € 7,113,625 | ▲ 25% |
| Cash | € 417,547 | € 63,827 | € 149,954 | € 31,139 | ▼ 79% |
| Retained profit | € -5,033,007 | € -5,569,303 | € -6,053,474 | € -7,946,509 | ▼ € 1.9 million |
| Bank debt | € 7,892 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 13,052,280 | € 13,443,361 | € 14,371,046 | € 13,912,433 | ▼ 3% |
| Employees (FTE) | 3.9 | 4.6 | 4.7 | 4.5 | ▼ 0.2 |
Key figures of THE FAKTORY, 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 THE FAKTORY?
What happened at THE FAKTORY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Benoit l'HOEST stepped down as director. NBB
- Pierre L'HOEST stepped down as director. NBB
- HALDYR SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.9 million. filed late Source: NBB ↗
- Benoit l'HOEST became a director. NBB
- Pierre L'HOEST became a director. NBB
- HALDYR SRL became a director. NBB
- New establishment in Liège. KBO
In short
From € 441,043 loss in 2022 to € 1.9 million loss in 2025.
Paid € 4,276 in corporate taxes since 2022.
Management
The stake of BELINVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THE FAKTORYThe shares are held by BELINVEST (100%). It owns 81.7% of IOPOOL, 53.5% of IOTCO, 18.2% of WISHBONE, 17.1% of DRUW AUDIO and 12.6% of E-PEAS itself.
Directors
According to the 2025 annual accounts
Benoit l'HOEST
Director
since 2022 · until 2028
Pierre L'HOEST
Director
Also active at: BELINVEST, DATA FELLAS, Data-Reco, IOPOOL, MARC35, ABRAKAM ENTERTAINMENT, The Faktory Fund Management
since 2022 · until 2028
Director · represented by ALEXANDRE Simon
Also active at: BELINVEST, e-peas, AEROBOT, Wishbone, WHITECROW TECH, DATA FELLAS, IoTCo, IVEX +11 more
since 2022 · until 2028
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Rue Léon-Frédéricq 48
4020 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →IoTCo same network
€ 49,672 gross margin · 2025
IOPOOL same network
€ -256,039 gross margin · 2025
Fotosoft same network
€ 380,123 gross margin · 2025
MARC35 same network
€ -23,263 gross margin · 2025
The Faktory Fund Management same network
€ 17,255 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0648.911.588
- VAT number
- BE 0648.911.588
- Registered office
- Rue Léon-Frédéricq 48, 4020 Liège
- Names & denominations
- THE FAKTORY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 2016
- Peppol
- Active · Active since 17 Jun 2025
- Activities · NACE
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