FERNITEC
ActiveSummary
FERNITEC has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €2k. Equity is shrinking by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 121 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▼-3
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 7.47 against 6.31 in 2024; short-term debt: 1.3% and cash: 0.1% of total assets), and 1.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 24
Relative position
BE, all sectors
reference
Manufacture of basic metals (NACE 24)
about 47% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.7%
Return on assets
1.9%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
54 d early
2023
16 d early
2022
16 d early
2021
24 d late
2020
23 d late
2019
63 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k▼ 35.0%
2024 · €2k
2018: €12k
2019: €9k▼ -23.0% vs 2018
2020: €8k▼ -6.1% vs 2019
2021: €10k▲ +19.3% vs 2020
2022: €15k▲ +46.1% vs 2021highest in 8 years
2023: €3k▼ -76.7% vs 2022
2024: €2k▼ -32.1% vs 2023
2025: €2k▼ -35.0% vs 2024lowest in 8 years
2018 → 2025
Working capital
€7k▲ 27.6%
2024 · €5k
2018: €293k
2019: €302k▲ +3.1% vs 2018
2020: €310k▲ +2.8% vs 2019
2021: €320k▲ +3.2% vs 2020highest in 8 years
2022: €-269▼ -100% vs 2021lowest in 8 years
2023: €3k▲ +1275% vs 2022
2024: €5k▲ +73.7% vs 2023
2025: €7k▲ +27.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€394k-€73k▼ 81.4%€77k▲ 4.7%€79k▲ 3.0%€80k▲ 1.9%
2021: €394khighest in 5 years
2022: €73k▼ -81.4% vs 2021lowest in 5 years
2023: €77k▲ +4.7% vs 2022
2024: €79k▲ +3.0% vs 2023
2025: €80k▲ +1.9% vs 2024
Operating result€12k-€18k▲ 48.0%€4k▼ 77.7%€3k▼ 26.0%€2k▼ 31.1%
2021: €12k
2022: €18k▲ +48.0% vs 2021highest in 5 years
2023: €4k▼ -77.7% vs 2022
2024: €3k▼ -26.0% vs 2023
2025: €2k▼ -31.1% vs 2024lowest in 5 years
Net result€10k-€15k▲ 46.1%€3k▼ 76.7%€2k▼ 32.1%€2k▼ 35.0%
2021: €10k
2022: €15k▲ +46.1% vs 2021highest in 5 years
2023: €3k▼ -76.7% vs 2022
2024: €2k▼ -32.1% vs 2023
2025: €2k▼ -35.0% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 31% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82k
Fixed assets
€73k =
Current assets
€8k ▲ 24.0%
Equity and liabilities €82k
Equity
€80k ▲ 1.9%
Debt
€1k ▲ 4.7%
Debt's share of the balance-sheet total stays at 1.3%.
Key figures and ratios
Current ratio
7.47▲
2024 · 6.31
Debt to equity
0.01▲
2024 · 0.01
ROE
1.9%▼
2024 · 2.9%
ROA
1.9%▼
2024 · 2.9%
Debt ≤ 1 year
€1k▲
2024 · €1k
Income taxes
€376▼
2024 · €579
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€80k€82k▲
Fixed assets21/28€73k€73k=
Financial fixed assets28€73k€73k=
Current assets29/58€7k€8k▲
Amounts receivable within one year40/41€6k€8k▲
Trade receivables40€2k€2k▲
Other amounts receivable41€4k€6k▲
Cash at bank and in hand54/58€79€73▼
Equity and liabilities
Total equity and liabilities10/49€80k€82k▲
Equity10/15€79k€80k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€17k€18k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€11k€12k▲
Amounts payable17/49€1k€1k▲
Amounts payable within one year42/48€1k€1k▲
Trade debts44€988€990▲
Suppliers440/4€988€990▲
Taxes, remuneration and social security45€45€91▲
Taxes450/3€45€91▲
Income statement
Code20242025
Other operating charges640/8€588€603▲
Gross operating margin9900€4k€3k▼
Operating profit (loss)9901€3k€2k▼
Financial charges65/66B€41€141▲
Recurring financial charges65€41€141▲
Profit (loss) for the period before taxes9903€3k€2k▼
Income taxes67/77€579€376▼
Profit (loss) for the period9904€2k€2k▼
Profit (loss) for the period to be appropriated9905€2k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€2k▼
Transfer to equity691/2€2k€2k▼
To other reserves6921€2k€2k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €634 | €535 | €649 | €588 | €603 | ▲ 2.4% |
| Gross operating margin9900 | €13k | €18k | €5k | €4k | €3k | ▼ 25.5% |
| Operating profit (loss)9901 | €12k | €18k | €4k | €3k | €2k | ▼ 31.1% |
| Financial income75/76B | €2k | €2k | €1k | - | - | - |
| Recurring financial income75 | €2k | €2k | €1k | - | - | - |
| Financial charges65/66B | €84 | €45 | €62 | €41 | €141 | ▲ 241% |
| Recurring financial charges65 | €84 | €45 | €62 | €41 | €141 | ▲ 241% |
| Profit (loss) for the period before taxes9903 | €14k | €19k | €5k | €3k | €2k | ▼ 35.0% |
| Income taxes67/77 | €3k | €5k | €1k | €579 | €376 | ▼ 35.1% |
| Profit (loss) for the period9904 | €10k | €15k | €3k | €2k | €2k | ▼ 35.0% |
| Profit (loss) for the period to be appropriated9905 | €10k | €15k | €3k | €2k | €2k | ▼ 35.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €396k | €412k | €79k | €80k | €82k | ▲ 2.0% |
| Fixed assets21/28 | €73k | €73k | €73k | €73k | €73k | = |
| Financial fixed assets28 | €73k | €73k | €73k | €73k | €73k | = |
| Current assets29/58 | €323k | €338k | €6k | €7k | €8k | ▲ 24.0% |
| Amounts receivable within one year40/41 | €322k | €337k | €6k | €6k | €8k | ▲ 24.3% |
| Trade receivables40 | €6k | €5k | €4k | €2k | €2k | ▲ 12.2% |
| Other amounts receivable41 | €317k | €332k | €2k | €4k | €6k | ▲ 29.5% |
| Cash at bank and in hand54/58 | €633 | €962 | €33 | €79 | €73 | ▼ 6.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €396k | €412k | €79k | €80k | €82k | ▲ 2.0% |
| Equity10/15 | €394k | €73k | €77k | €79k | €80k | ▲ 1.9% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €332k | €11k | €15k | €17k | €18k | ▲ 8.9% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | €325k | €5k | €8k | €11k | €12k | ▲ 14.1% |
| Amounts payable17/49 | €3k | €338k | €3k | €1k | €1k | ▲ 4.7% |
| Amounts payable within one year42/48 | €3k | €338k | €3k | €1k | €1k | ▲ 4.7% |
| Financial debts43 | €1k | €982 | - | - | - | - |
| Credit institutions430/8 | €1k | €982 | - | - | - | - |
| Trade debts44 | €789 | €914 | €977 | €988 | €990 | ▲ 0.2% |
| Suppliers440/4 | €789 | €914 | €977 | €988 | €990 | ▲ 0.2% |
| Taxes, remuneration and social security45 | €782 | €2k | €869 | €45 | €91 | ▲ 102% |
| Taxes450/3 | €782 | €2k | €869 | €45 | €91 | ▲ 102% |
| Other amounts payable47/48 | - | €335k | €704 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €15k | €3k | €2k | €2k | ▼ 35.0% |
| Operating cash flow (approximation) | €10k | €15k | €3k | €2k | €2k | ▼ 35.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €329 | €-929 | €46 | €-5 | ▼ 112% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €2k ▼35%
Net result drops to €2k, the lowest in the series.
07-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity triplescurrent ratio 6.31
Current ratio from 2.24 to 6.31; short-term debt falls from €3k to €1k.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 2.24
Current ratio from 1.00 to 2.24; short-term debt falls from €338k to €3k.
15-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €15k ▲46.1%
Operating result €18k, net result €15k, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 63 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
18-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 18 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Wevelgem · 1 establishment unit since 1987
Ground area
3,615 m²
Building footprint
1,539 m²
Volume, LiDAR
8,502 m³
Parcel 34012D0187/00V000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Bergelen 32, 8560 Wevelgem
since 19872.033.577.779
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012D0187/00V000 | Flanders | 3,615 m² | 1 · 1,539 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 19 companies in sector 24530 we hold annual accounts for 11. 8 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded06-02-1987
Fiscal year end31-12
Activities, NACEBEL 2025
24530Manufacture of basic metals
Scores and ratios are computed by Checked and are not a credit decision.