FERGE
FERGE has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €924k and a net result of €-128k. Equity is shrinking by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 7448 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
| Equity | €924k |
| Net result | €-128k |
| Staff (FTE) | 4.5 |
| Better than sector | 95% |
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 96.5% | 44.0% | |
| Net result | €-128k | €30k | |
| Equity | €924k | €276k | |
| Gross operating margin | €269k | €275k | |
| Staff costs | €357k | €244k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | €-96k | €196k | €314k | €510k |
| Net profit | €-128k | €117k | €209k | €352k |
| Cash flow | €-89k | €158k | €243k | €389k |
| Staff costs | €357k | €330k | €380k | €376k |
| Income taxes | €197 | €42k | €71k | €119k |
| Dividends | €70k | €200k | €200k | €200k |
| Total assets | €958k | €1.13M | €1.27M | €1.25M |
| Equity | €924k | €1.12M | €1.21M | €1.20M |
| Debt | €34k | €9k | €69k | €55k |
| of which ≤ 1y | €34k | €9k | €69k | €55k |
| of which > 1y | - | - | - | - |
| Working capital | €830k | €993k | €1.04M | €1.07M |
| Employees (FTE) | 4.5 | 5.3 | 6.0 | 6.6 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 25.43 | 115.94 | 16.10 | 20.47 |
| Quick ratio | 18.28 | 87.82 | 13.00 | 12.72 |
| Working capital ratio | 86.6% | 87.8% | 81.7% | 85.4% |
| Solvency | 96.5% | 99.2% | 94.6% | 95.6% |
| Debt / equity | 0.04 | 0.01 | 0.06 | 0.05 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | -182.16 | 935.34 | 704.24 | 309.56 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -13.4% | 10.3% | 16.4% | 28.1% |
| ROE | -13.9% | 10.4% | 17.4% | 29.4% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €958k | €1.13M | €1.27M | €1.25M |
| Fixed assets | 21/28 | €94k | €129k | €164k | €128k |
| Tangible fixed assets | 22/27 | €93k | €128k | €164k | €127k |
| Financial fixed assets | 28 | €655 | €655 | €655 | €655 |
| Current assets | 29/58 | €864k | €1.00M | €1.11M | €1.12M |
| Stocks & contracts in progress | 3 | €243k | €243k | €214k | €425k |
| Amounts receivable within one year | 40/41 | €226k | €209k | €246k | €113k |
| Investments | 50/53 | €158k | €154k | €150k | €150k |
| Cash & bank | 54/58 | €235k | €395k | €500k | €435k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €958k | €1.13M | €1.27M | €1.25M |
| Equity | 10/15 | €924k | €1.12M | €1.21M | €1.20M |
| Contributions / capital | 10/11 | €25k | €25k | €25k | €25k |
| Reserves | 13 | €1.03M | €1.10M | €1.18M | €1.17M |
| Accumulated profits (losses) | 14 | €-128k | - | - | - |
| Amounts payable | 17/49 | €34k | €9k | €69k | €55k |
| Amounts payable within one year | 42/48 | €34k | €9k | €69k | €55k |
| Trade debts payable within one year | 44 | €32k | €6k | €69k | €44k |
| Income statement | |||||
| Gross operating margin | 9900 | €269k | €531k | €700k | €893k |
| Operating result | 9901 | €-135k | €155k | €281k | €473k |
| Financial income | 75 | €7k | €4k | €63 | €40 |
| Financial charges | 65 | €527 | €210 | €446 | €2k |
| Result before taxes | 9903 | €-128k | €159k | €281k | €471k |
| Income taxes | 67/77 | €197 | €42k | €71k | €119k |
| Net result for the period | 9904 | €-128k | €117k | €209k | €352k |
| Result to be appropriated | 9905 | €-128k | €117k | €209k | €352k |
| NACE primary | Roofing work(43410) |
| Legal form | Private limited company(610) |
| Incorporation | 29-04-1977 |
| Status | Active |
| Postal code | 9450 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41010A0535/00C000 | Flanders | 1,513 m² | 1 · 204 m² | 6.7 m · 1 fl. |
29-07
State Gazette act
Registered officeGeneral meeting · Registered-office move2 facts ▸
- General meeting, 29/06/2026
- Registered-office move, Daal 11, 9450 Denderhoutem
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
29-07-2026 General meeting · Seat change
- Publication: 29/07/2026 · Ferge
- Filing: 20/07/2026 · Ferge
- General meeting: 29/06/2026 · Ferge
- Seat change: to: Daal 11, 9450 Denderhoutem, from: Ninoofsesteenweg 44, 9450 Haaltert, effective_date: 2026-06-29 · Ferge
Technical details
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}| Legal nameNL | FERGE |