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 2023 and 2024.
Financials
Financial year 2024
THE FAKTORY from Liège, company number BE0648911588, closed financial year 2024 with a result of € -484,171 after tax. For that financial year THE FAKTORY recorded a gross margin of € -120,250 and equity of € 8.7 million. Compared with financial year 2023, the result moved from € -536,296 to € -484,171. 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 December 24, 2025.
€ 8.7 million
▼ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -484,171
▲ 10 % less loss than in 2023
Profit after tax over the fiscal year.
€ 149,954
▲ 135% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.1 million.
People and assets in 2024
4.7
▲ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 228,671
▼ 6% vs 2023
€ 48,700 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.
€ 47,860
▲ 80% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 128,512
▼ 20% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 44,042
▲ 67% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -244,079 | € -233,866 | € -282,573 | € -120,250 | ▲ € 162,324 |
| Profit after taxes | € -411,288 | € -441,043 | € -536,296 | € -484,171 | ▲ € 52,126 |
| Equity | € 10,153,353 | € 9,712,310 | € 9,176,014 | € 8,691,843 | ▼ 5% |
| Total debts | € 408,088 | € 3,339,970 | € 4,267,347 | € 5,679,203 | ▲ 33% |
| Cash | € 250,179 | € 417,547 | € 63,827 | € 149,954 | ▲ 135% |
| Retained profit | € -4,591,964 | € -5,033,007 | € -5,569,303 | € -6,053,474 | ▼ € 484,171 |
| Bank debt | € 7,892 | € 7,892 | € 0 | € 0 | |
| Balance sheet total | € 10,561,441 | € 13,052,280 | € 13,443,361 | € 14,371,046 | ▲ 7% |
| Employees (FTE) | 2.7 | 3.9 | 4.6 | 4.7 | ▲ 0.1 |
Key figures of THE FAKTORY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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 2024: loss of € 484,171. filed late Source: NBB ↗
- JALOFIN stepped down as director. NBB
- Benoit l'HOEST became a director. NBB
- Pierre L'HOEST became a director. NBB
- HALDYR SRL became a director. NBB
In short
From € 411,288 loss in 2021 to € 484,171 loss in 2024.
Paid € 4,276 in corporate taxes since 2021.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
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, 20% of DRUW AUDIO, 17.5% of WISHBONE and 12.6% of E-PEAS itself.
Directors
According to the 2024 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
Director · represented by Nicolas BIET
Also active at: AEROBOT, DATA FELLAS, IoTCo, IVEX, Data-Reco, The Faktory Fund Management
since 2022 · until 2024
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
€ -129,632 gross margin · 2024
Fotosoft same network
€ 380,123 gross margin · 2025
MARC35 same network
€ -68,829 gross margin · 2024
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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