FER A SOUDER
ActiveThe computed 12-month bankruptcy probability of FER A SOUDER is 1.5% (moderate). The 2025 annual accounts show equity of €230k and a net result of €-1k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 46% of 27676 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-23
Solvency69▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.2 in 2024; short-term debt: 16.7% and cash: 1.7% of total assets), and 56.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
25 d late
2023
12 d late
2022
6 d early
2021
2 d early
2020
3 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€230k▼ 0.8%
2024 · €232k
2018: €141k
2019: €141k
2020: €140k
2021: €153k
2022: €187k
2023: €199k
2024: €232k
2018 → 2025
Total assets
€526k▼ 1.6%
2024 · €535k
2018: €654k
2019: €634k
2020: €593k
2021: €606k
2022: €610k
2023: €572k
2024: €535k
2018 → 2025
Net result
€-1k
2024 · €34k
2018: €-495
2019: €243
2020: €335
2021: €14k
2022: €35k
2023: €13k
2024: €34k
2018 → 2025
Working capital
€-54k▲ 8.9%
2024 · €-59k
2018: €-53k
2019: €-81k
2020: €-58k
2021: €-27k
2022: €-75k
2023: €-104k
2024: €-59k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€153k-€187k▲ 22.2%€199k▲ 6.4%€232k▲ 16.7%€230k▼ 0.8%
Operating result€27k-€59k▲ 118%€31k▼ 47.3%€59k▲ 90.3%€6k▼ 89.3%
Net result€14k-€35k▲ 153%€13k▼ 63.3%€34k▲ 167%€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 89% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €526k
Fixed assets
€492k▼ 5.4%
Current assets
€34k▲ 135%
Equity and liabilities €526k
Equity
€230k▼ 0.8%
Debt
€296k▼ 2.2%
The debt ratio falls from 56.5% to 56.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€33k▼
2024 · €91k
Cash flow
€25k▼
2024 · €66k
Solvency
43.8%▲
2024 · 43.5%
Current ratio
0.39▲
2024 · 0.20
Quick ratio
0.39▲
2024 · 0.20
Debt / equity
1.28▼
2024 · 1.30
ROE
-0.5%▼
2024 · 14.6%
ROA
-0.2%▼
2024 · 6.4%
Interest coverage
4.31▼
2024 · 10.70
Debt
€296k▼
2024 · €302k
Debt ≤ 1 year
€88k▲
2024 · €74k
Debt > 1 year
€206k▼
2024 · €227k
Income taxes
€739▼
2024 · €18k
Staff costs
€3k▼
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€535k€526k▼
Fixed assets21/28€520k€492k▼
Tangible fixed assets22/27€520k€492k▼
Land and buildings22€512k€488k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€5k€795▼
Financial fixed assets28€70€70=
Current assets29/58€15k€34k▲
Amounts receivable within one year40/41€5k€24k▲
Trade receivables40€2k€12k▲
Other amounts receivable41€3k€13k▲
Current investments50/53€0€0=
Cash at bank and in hand54/58€8k€9k▲
Deferred charges and accrued income490/1€2k€921▼
Equity and liabilities
Total equity and liabilities10/49€535k€526k▼
Equity10/15€232k€230k▼
Contributions10/11€6k€6k=
Reserves13€46k€46k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€45k€45k=
Profit (loss) carried forward14€156k€155k▼
Investment grants15€24k€23k▼
Amounts payable17/49€302k€296k▼
Amounts payable after more than one year17€227k€206k▼
Financial debts170/4€227k€206k▼
Amounts payable within one year42/48€74k€88k▲
Current portion of amounts payable after more than one year42€21k€21k▲
Financial debts43-€3k
Credit institutions430/8-€3k
Trade debts44€12k€9k▼
Suppliers440/4€12k€9k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€25k€17k▼
Taxes450/3€24k€17k▼
Remuneration and social security454/9€1k€0▼
Other amounts payable47/48€16k€39k▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€15k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€26k▼
Other operating charges640/8€6k€5k▼
Non-recurring operating charges66A€3k€3k▼
Gross operating margin9900€115k€44k▼
Operating profit (loss)9901€59k€6k▼
Financial income75/76B€912€757▼
Recurring financial income75€912€757▼
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€52k€-476▼
Income taxes67/77€18k€739▼
Profit (loss) for the period9904€34k€-1k▼
Profit (loss) for the period to be appropriated9905€34k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€189k€155k▼
Profit (loss) brought forward from the previous period14P€155k€156k▲
Transfer to equity691/2€34k€0▼
To the legal reserve6920€0-
To other reserves6921€34k€0▼
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-1k ▼104%
Net result drops to €-1k, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Equity above €200kEq €232k ▲16.7%
6 profitable years in a row build equity to €232k.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €35k ▲153%
Net result €35k, the highest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €153k ▲9.3%
3 profitable years in a row build equity to €153k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €243
Net result €243 after one loss-making year.
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 48 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Haachtsesteenweg 5881030 SchaarbeekGround area
396 m²
Parcel 21903B0205/00C007, Brussels. Linked by address, not a title deed.
1 establishment unit
Haachtsesteenweg 588, 1030 Schaarbeek
since 20052.158.393.817
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21903B0205/00C007 | Brussels | 396 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
7 endedSimilar companies · same sector, comparable size
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VB SCHRIJNWERKERIJ
BE 0429.381.287
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COLLETTE MG
BE 0845.444.872
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BE 0743.909.430
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,261 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-06-2005
Fiscal year end31-12
Activities, NACEBEL
25401Forging of metal
43320Joinery installation
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.