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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
69 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FACTORYMMO from Watermaal-Bosvoorde, company number BE0759755765, closed financial year 2025 with a result of € -89,885 after tax. For that financial year FACTORYMMO recorded a gross margin of € -543 and equity of € -67,074. Compared with financial year 2024, the result moved from € -12,465 to € -89,885. 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 July 17, 2026.
€ -67,074
▼ € 89,885 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -89,885
▼ 621 % more loss than in 2024
Profit after tax over the fiscal year.
€ 17,025
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -128,574.
Debts at end 2025
€ 3.9 million
▲ 22% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -138 | € -847 | € -803 | € -543 | ▲ € 260 |
| Profit after taxes | € -8,829 | € -12,628 | € -12,465 | € -89,885 | ▼ € 77,420 |
| Equity | € 47,903 | € 35,275 | € 22,810 | € -67,074 | ▼ € 89,885 |
| Total debts | € 1,797,609 | € 2,504,056 | € 3,182,744 | € 3,914,687 | ▲ 23% |
| Cash | € 595,843 | € 41,098 | € 20,564 | € 17,025 | ▼ 17% |
| Retained profit | € -13,597 | € -26,225 | € -38,690 | € -128,574 | ▼ € 89,885 |
| Bank debt | € 1,797,200 | € 2,504,055 | € 3,181,776 | € 3,884,699 | ▲ 22% |
| Balance sheet total | € 1,845,512 | € 2,539,331 | € 3,205,554 | € 3,847,613 | ▲ 20% |
Key figures of FACTORYMMO, 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 FACTORYMMO?
What happened at FACTORYMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vincent André stepped down as director. NBB
- Vesta Group NV stepped down as director. NBB
- Patricia Schautteet stepped down as director. NBB
- Quentin Werrie stepped down as director. NBB
- Olivier Marchant stepped down as director. NBB
- Diego Werrie stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 89,885. Source: NBB ↗
- Vesta Group NV became a director. NBB
In short
From € 8,829 loss in 2022 to € 89,885 loss in 2025.
Management
The stake of INDUSTRIAL REAL ESTATE AND SERVICES WM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FACTORYMMOThe shares are held by INDUSTRIAL REAL ESTATE AND SERVICES WM (50%).
Directors
According to the 2025 annual accounts
Vincent André
Director
Also active at: THE KOTTAGE, FOUREVER, GSP IMMO, EYE MOTIONS CONSULTING, MY OLDTIMER, SECOND LIFE, THE ARK, ATLANTIS-REALTY +17 more
since 2020 · until 2026
Director · represented by Christophe Verstraete
Also active at: VERSTRAETE, VILLA FRANCINE, JETSE, VERSTRAETE DEVELOPMENT, LEEUWKE, VERSTRAETE BOUWONDERNEMING, QUAEDE ACKER, AROES +24 more
since 2024 · until 2026
Patricia Schautteet
Director
Also active at: Imstad, KUSTSTADBOUWBEDRIJF, TOPAZE, VERSTRAETE, VEMACO, DUINENVELD, DE POORTERIJ, BROUWERSHOF +31 more
since 2020 · until 2026
since 2020 · until 2026
since 2020 · until 2026
Diego Werrie
Director
Also active at: BUILDINVEST, BUSINESS CENTER ANDENNE, BUSINESS CENTER LONDERZEEL, BUSINESS CENTER GEMBLOUX, BUSINESS CENTER WAVRE, INDUSTRIAL REAL ESTATE AND SERVICES WM, IDUSTRY, Racine3 Immo +7 more
since 2020 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vorstlaan 24
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 69 companies are registered at this address.
All companies at this address →TAG BELGIUM
€ 981,306 gross margin · 2024
ASSOCIATION DU BRABANT DES ENTREPRENEURS GENERAUX - BRABANTS VERBOND DER ALGEMENEAANNEMERS
MASTER SWITCH
€ 6,690 gross margin · 2025
Maison Des Entrepreneurs - Aannemershuis
€ 3.8 million gross margin · 2025
IMMO M.C.H.
€ 227,731 gross margin · 2025
+64 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
- 0759.755.765
- VAT number
- BE 0759.755.765
- Registered office
- Vorstlaan 24, 1170 Watermaal-Bosvoorde
- Names & denominations
- FACTORYMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 2020
- Peppol
- Active · Active since 21 Oct 2026