Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Sportsfactory from Wevelgem, company number BE0677777701, closed financial year 2024 with a result of € -5,030 after tax. For that financial year Sportsfactory recorded a gross margin of € -1,708 and equity of € -12,267. Compared with financial year 2023, the result moved from € -2,529 to € -5,030. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 31, 2025.
€ -12,267
▼ € 5,030 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,030
▼ 99 % more loss than in 2023
Profit after tax over the fiscal year.
€ 1,251
▼ 50% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -32,267.
Debts at end 2024
€ 150,000
Loans from banks and other lenders, long and short.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 2,185 | € 677 | € -1,708 | ▼ € 2,385 |
| Profit after taxes | € -1,255 | € -2,529 | € -5,030 | ▼ € 2,501 |
| Equity | € -4,708 | € -7,237 | € -12,267 | ▼ € 5,030 |
| Total debts | € 19,531 | € 36,831 | € 237,923 | ▲ € 201,091 |
| Cash | € 2,786 | € 2,503 | € 1,251 | ▼ 50% |
| Retained profit | € -24,708 | € -27,237 | € -32,267 | ▼ € 5,030 |
| Bank debt | € 0 | € 0 | € 150,000 | |
| Balance sheet total | € 14,822 | € 29,594 | € 225,655 | ▲ € 196,061 |
Key figures of Sportsfactory, fiscal years 2022 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 30 January 2026.
What happened to Sportsfactory?
What happened at Sportsfactory in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Sportsfactory is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 5,030. filed late Source: NBB ↗
- Klaas Vervaeke became a director. NBB
- Remi Bataille became a director. NBB
- Jim Bogaert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,255 loss in 2022 to € 5,030 loss in 2024.
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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
Behind Sportsfactory are Klaas Vervaeke, Remi Bataille and Jim Bogaert.
Directors
According to the 2024 annual accounts
Klaas Vervaeke
Director
since 2023
Remi Bataille
Director
since 2023
Jim Bogaert
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Vrijheidstraat 125
8560 Wevelgem
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
- 0677.777.701
- VAT number
- BE 0677.777.701
- Registered office
- Vrijheidstraat 125, 8560 Wevelgem
- Names & denominations
- Sportsfactory
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 30 June 2017
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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