Financials
Financial year 2025
FACTORY & FRIENDS from Tienen, company number BE0822989174, closed financial year 2025 with a result of € -16,464 after tax. For that financial year FACTORY & FRIENDS recorded a gross margin of € -12,148 and equity of € 36,903. Compared with financial year 2024, the result moved from € 1,984 to € -16,464. 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 August 1, 2026.
€ 36,903
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,464
▼ still € 1,984 profit in 2024
Profit after tax over the fiscal year.
€ 37,420
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 30,703.
People and assets in 2025
€ 1,060
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
None
No bank loans on the last day of the fiscal year.
€ 7,793
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,263
▼ 35% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -24,209 | € 36,449 | € 47,370 | € -12,148 | ▼ € 59,518 |
| Profit after taxes | € -26,958 | € 31,846 | € 1,984 | € -16,464 | ▼ € 18,447 |
| Equity | € 13,653 | € 43,899 | € 53,367 | € 36,903 | ▼ 31% |
| Total debts | € 25,595 | € 7,280 | € 31,486 | € 20,313 | ▼ 35% |
| Cash | € 1,483 | € 4,538 | € 47,318 | € 37,420 | ▼ 21% |
| Retained profit | € 7,453 | € 37,699 | € 47,167 | € 30,703 | ▼ 35% |
| Dividend | € 0 | € 1,600 | € 1,666 | € 0 | ▼ 100% |
| Balance sheet total | € 39,249 | € 51,180 | € 84,853 | € 57,216 | ▼ 33% |
Key figures of FACTORY & FRIENDS, 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 FACTORY & FRIENDS?
What happened at FACTORY & FRIENDS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,464 (▼ € 18,447 vs 2024). filed late Source: NBB ↗
- New establishment in Tienen. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,958 loss in 2022 to € 16,464 loss in 2025.
Paid € 14,369 in corporate taxes since 2022.
Best year ever: 2023, with € 31,846 profit.
Paid out € 3,266 in dividends to the owners in total.
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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 FACTORY & FRIENDS are Thanakorn Udomwittayakrai and Peter Bundervoet. The same people are also behind TOTHAI.
Establishments
Establishment units
Physical locations of this company
Vierde Lansierslaan 47
3300 Tienen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0822.989.174
- VAT number
- BE 0822.989.174
- Registered office
- Vierde Lansierslaan 47, 3300 Tienen
- Names & denominations
- FACTORY & FRIENDS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 2010
- Peppol
- Active · Active since 28 Apr 2026
- Contact
- [email protected] 016810806
- Activities · NACE
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