FERRODUR
ActiveFERRODUR has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282k and a net result of €-124k. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 87% of 82 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 5.63 against 10.45 in 2024; short-term debt: 14.8% and cash: 3.1% of total assets), and 14.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 24
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-124k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-01-2026, 91 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
91 d early
2024
49 d early
2023
61 d early
2022
4 d early
2021
30 d early
2020
26 d late
2019
72 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€282k▼ 32.8%
2024 · €419k
2018: €470k
2019: €556k
2020: €519k
2021: €488k
2022: €503k
2023: €522k
2024: €419k
2018 → 2025
Total assets
€331k▼ 27.7%
2024 · €458k
2018: €651k
2019: €675k
2020: €564k
2021: €613k
2022: €728k
2023: €763k
2024: €458k
2018 → 2025
Net result
€-124k▼ 63.0%
2024 · €-76k
2018: €147k
2019: €149k
2020: €-7k
2021: €46k
2022: €104k
2023: €165k
2024: €-76k
2018 → 2025
Working capital
€227k▼ 37.4%
2024 · €362k
2018: €377k
2019: €453k
2020: €452k
2021: €461k
2022: €445k
2023: €462k
2024: €362k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€488k-€503k▲ 3.0%€522k▲ 3.7%€419k▼ 19.7%€282k▼ 32.8%
Operating result€64k-€148k▲ 129%€239k▲ 61.8%€-78k€-125k▼ 59.3%
Net result€46k-€104k▲ 127%€165k▲ 59.6%€-76k€-124k▼ 63.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €125k in 2025 against €78k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €331k
Fixed assets
€55k▼ 3.9%
Current assets
€276k▼ 31.1%
Equity and liabilities €331k
Equity
€282k▼ 32.8%
Debt
€49k▲ 27.8%
The debt ratio rises from 8.4% to 14.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-113k▼
2024 · €-67k
Cash flow
€-112k▼
2024 · €-65k
Solvency
85.2%▼
2024 · 91.6%
Current ratio
5.63▼
2024 · 10.45
Quick ratio
5.55▼
2024 · 10.37
Debt / equity
0.17▲
2024 · 0.09
ROE
-44.2%▼
2024 · -18.2%
ROA
-37.6%▼
2024 · -16.7%
Interest coverage
-279.05▼
2024 · -53.12
Debt
€49k▲
2024 · €38k
Debt ≤ 1 year
€49k▲
2024 · €38k
Income taxes
€352▲
2024 · €-2k
Staff costs
€229k▼
2024 · €239k
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€458k€331k▼
Fixed assets21/28€57k€55k▼
Tangible fixed assets22/27€57k€55k▼
Plant, machinery and equipment23€57k€55k▼
Financial fixed assets28€211€211=
Current assets29/58€401k€276k▼
Stocks and contracts in progress3€3k€4k▲
Stocks30/36€3k€4k▲
Amounts receivable within one year40/41€137k€122k▼
Trade receivables40€103k€116k▲
Other amounts receivable41€34k€6k▼
Current investments50/53€196k€134k▼
Cash at bank and in hand54/58€60k€10k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€458k€331k▼
Equity10/15€419k€282k▼
Contributions10/11€66k€66k=
Capital10€66k€66k=
Issued capital100€66k€66k=
Reserves13€423k€412k▼
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€416k€406k▼
Profit (loss) carried forward14€-69k€-196k▼
Amounts payable17/49€38k€49k▲
Amounts payable within one year42/48€38k€49k▲
Current portion of amounts payable after more than one year42€7k-
Trade debts44€18k€22k▲
Suppliers440/4€18k€22k▲
Taxes, remuneration and social security45€9k€23k▲
Taxes450/3€9k€14k▲
Remuneration and social security454/9-€10k
Other amounts payable47/48€5k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€239k€229k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€175k€120k▼
Operating profit (loss)9901€-78k€-125k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€1k€404▼
Recurring financial charges65€1k€404▼
Profit (loss) for the period before taxes9903€-79k€-124k▼
Income taxes67/77€-2k€352▲
Profit (loss) for the period9904€-76k€-124k▼
Profit (loss) for the period to be appropriated9905€-76k€-124k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-69k€-196k▼
Profit (loss) brought forward from the previous period14P€7k€-72k▼
Transfer from equity791/2€26k€11k▼
Profit to be distributed694/7€26k€11k▼
Return on contributions (dividend)694€26k€11k▼
The notes to these accounts (5 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-124k
Net result drops to €-124k, the lowest in the series.
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity quadruplescurrent ratio 10.45
Current ratio from 2.98 to 10.45; short-term debt falls from €234k to €38k.
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €165k ▲59.6%
Net result €165k, the highest in the series.
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €500kEq €503k ▲3%
2 profitable years in a row build equity to €503k.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
30-09
Financial
Liquidity doublescurrent ratio 11.08
Current ratio from 4.84 to 11.08; short-term debt falls from €118k to €45k.
18-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €500kEq €556k ▲18.3%
2 profitable years in a row build equity to €556k.
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
29-12
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.
Directors · office · real estate
Directors
4 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, Halle · 1 establishment unit since 1985
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.
Bergensesteenweg 5181502 HalleGround area
2,948 m²
Building footprint
133 m²
Volume, LiDAR
814 m³
2 parcels, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bergensesteenweg 19, 1500 Halle
since 19852.076.728.527
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23043F0175/00L000 | Flanders | 2,908 m² | 1 · 90 m² | 6.4 m · 2 fl. |
| 23027G0578/00B000 | Flanders | 40 m² | 1 · 43 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 265 EUR awarded · 265 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 265 EUR | 265 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 192 companies in sector 24100 we hold annual accounts for 135. 81 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-06-1985
Fiscal year end30-09
Activities, NACEBEL
24100Manufacture of basic metals
25510Coating of metals
25610Manufacture of fabricated metal products, except machinery and equipment
28510
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.