FERMAX BELGIUM

Active

Public limited companyfounded 199135 yrs activeNieuwstraat 10, 1570 Pajottegem, BelgiumKBO/BCE: BE 0444.509.329

Summary

FERMAX BELGIUM has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €591,738. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 77% of 4909 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysis Watch Report Compare

FERMAX BELGIUMActiveChecked score 85/100

Risk analysis Report Compare

Checked score

Score 2025

85 / 100

Excellent

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability86▼-12

Solvency95▼-1

Growth65=

Track record100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €180,000 at 30 days acceptable

Liquidity ample (current ratio 3.04 against 3.04 in 2024; short-term debt: 26.7% and cash: 26.2% of total assets), and 29.6% of the assets are financed with debt.

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

70.4%

Return on assets

19.3%

Age of the figures

9 mo

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Wholesale trade (NACE 46)

about 21% more bankruptcies

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

21 d early

2024

22 d early

2023

48 d early

2022

18 d early

2021

47 d early

2020

71 d early

2019

78 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)

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 months

Position in the running window

26-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 24 June 1991, FERMAX BELGIUM was incorporated.¹ The capital was increased 3 times between 2004 and 2016, most recently to EUR 622,600.²³⁴ In 2010 the registered office moved to Galmaarden.⁵ DOBISS was merged into the company in 2016.⁴ Of the 2 current board members, GRAN-PINI has served longest, since 2015.⁶ Revenue went from EUR 5.5 million in 2018 to EUR 6.5 million in 2025 and headcount from 23.6 to 19.9 full-time equivalents.⁷

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Financials · fiscal year 2025, full schema

In the rankings #4 employer in Pajottegem, Wholesale and retail trade sector #7 company by equity in Pajottegem, Wholesale and retail trade sector #10 company by total assets in Pajottegem, Wholesale and retail trade sector

Turnover

€6.5m▲ 1.8%

2024 · €6.4m

EBIT margin

11.7%▼ 5.9pp

2024 · 17.6%

Net result

€591,738▼ 35.1%

2024 · €911,710

Working capital

€1.7m▼ 14.7%

2024 · €2.0m

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Turnover€6.1m▲ 8.8%€6.2m▲ 2.7%€6.6m▲ 6.0%€6.4m▼ 3.7%€6.5m▲ 1.8%

Operating result€1.0m▲ 0.4%€1.1m▲ 3.0%€1.0m▼ 3.6%€1.1m▲ 7.7%€756,773▼ 32.5%

Net result€852,987▲ 0.6%€885,461▲ 3.8%€867,204▼ 2.1%€911,710▲ 5.1%€591,738▼ 35.1%

EBIT margin17.3%▼ 1.5pp17.3%▲ 0.1pp15.8%▼ 1.6pp17.6%▲ 1.9pp11.7%▼ 5.9pp

Equity€2.2m▲ 32.7%€2.5m▲ 11.0%€2.5m▼ 1.3%€2.5m▲ 0.5%€2.2m▼ 12.5%

Total assets€3.3m▼ 2.3%€3.7m▲ 9.7%€3.8m▲ 4.7%€3.5m▼ 9.7%€3.1m▼ 11.5%

Debt€1.1m▼ 36.4%€1.2m▲ 7.0%€1.4m▲ 17.4%€997,775▼ 27.9%€907,455▼ 9.1%

Working capital€1.9m▲ 36.6%€2.1m▲ 10.7%€2.0m▼ 4.6%€2.0m▼ 2.5%€1.7m▼ 14.7%

Staff (FTE)22▲ 0.9%20.3▼ 7.7%20.5▲ 1.0%19.9▼ 2.9%19.9=

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 32% below 2024 and is the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €3.1m

18.8%

81.2%

Fixed assets €577,478 ▲ 6.2%

Current assets €2.5m ▼ 14.8%

Equity and liabilities €3.1m

70.4%

29.6%

Equity €2.2m ▼ 12.5%

Debt €907,455 ▼ 9.1%

Debt's share of the balance-sheet total rises from 28.8% to 29.6%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€834,129▼

2024 · €1.2m

Cash flow

€669,093▼

2024 · €972,749

Current ratio

3.04▲

2024 · 3.04

Quick ratio

2.19▲

2024 · 2.03

Debt to equity

0.42▲

2024 · 0.40

ROE

27.4%▼

2024 · 36.9%

ROA

19.3%▼

2024 · 26.3%

Interest coverage

34.39▼

2024 · 44.73

Debt ≤ 1 year

€819,712▼

2024 · €962,961

Debt > 1 year

€10,487▼

2024 · €22,500

Income taxes

€125,524▼

2024 · €173,445

Staff costs

€1.7m▲

2024 · €1.6m

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 80 lines

Balance sheet Code20242025

Assets

Total assets20/58€3.5m€3.1m▼

Fixed assets21/28€543,868€577,478▲

Intangible fixed assets21€62,559€135,207▲

Tangible fixed assets22/27€481,208€442,171▼

Land and buildings22€436,774€409,636▼

Plant, machinery and equipment23€41,910€30,526▼

Furniture and vehicles24€2,524€2,009▼

Financial fixed assets28€100€100=

Other financial fixed assets284/8€100€100=

Amounts receivable and cash guarantees285/8€100€100=

Current assets29/58€2.9m€2.5m▼

Stocks and contracts in progress3€967,848€700,691▼

Stocks30/36€967,848€700,691▼

Goods purchased for resale34€967,848€700,691▼

Amounts receivable within one year40/41€849,891€960,216▲

Trade receivables40€847,471€958,670▲

Other amounts receivable41€2,420€1,546▼

Current investments50/53€450,000-

Other investments51/53€450,000-

Cash at bank and in hand54/58€623,421€802,754▲

Deferred charges and accrued income490/1€32,963€28,269▼

Equity and liabilities

Total equity and liabilities10/49€3.5m€3.1m▼

Equity10/15€2.5m€2.2m▼

Contributions10/11€622,600€622,600=

Capital10€622,600€622,600=

Issued capital100€622,600€622,600=

Revaluation surpluses12€133,158€133,158=

Reserves13€1.7m€1.4m▼

Non-distributable reserves130/1€62,260€62,260=

Legal reserve130€62,260€62,260=

Distributable reserves133€1.7m€1.3m▼

Profit (loss) carried forward14€283-

Amounts payable17/49€997,775€907,455▼

Amounts payable after more than one year17€22,500€10,487▼

Financial debts170/4€22,500€10,487▼

Credit institutions173€22,500€10,487▼

Amounts payable within one year42/48€962,961€819,712▼

Current portion of amounts payable after more than one year42€48,451€12,013▼

Trade debts44€614,698€426,200▼

Suppliers440/4€614,698€426,200▼

Taxes, remuneration and social security45€299,812€381,500▲

Taxes450/3€117,786€171,762▲

Remuneration and social security454/9€182,026€209,738▲

Accrued charges and deferred income492/3€12,314€77,256▲

Income statement Code20242025

Operating income70/76A€6.4m€6.6m▲

Turnover70€6.4m€6.5m▲

Own construction capitalised72€43,011€89,646▲

Other operating income74€27,404€68,126▲

Operating charges60/66A€5.3m€5.9m▲

Goods for resale, raw materials and consumables60€2.5m€2.8m▲

Purchases600/8€2.6m€2.5m▼

Change in stocks: decrease (increase)609-€158,964€243,900▲

Services and other goods61€1.1m€1.3m▲

Remuneration, social security and pensions62€1.6m€1.7m▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61,040€77,356▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€23,261

Other operating charges640/8€38,282€14,303▼

Operating profit (loss)9901€1.1m€756,773▼

Financial income75/76B€14,914€6,028▼

Recurring financial income75€14,914€6,028▼

Income from current assets751€14,914€3,548▼

Other financial income752/9-€2,480

Financial charges65/66B€50,895€45,540▼

Recurring financial charges65€50,895€45,540▼

Debt charges650€26,429€24,252▼

Other financial charges652/9€24,466€21,287▼

Profit (loss) for the period before taxes9903€1.1m€717,262▼

Income taxes67/77€173,445€125,524▼

Taxes670/3€173,445€125,524▼

Profit (loss) for the period9904€911,710€591,738▼

Profit (loss) for the period to be appropriated9905€911,710€591,738▼

Appropriation of the result

Profit (loss) to be appropriated9906€911,993€592,021▼

Profit (loss) brought forward from the previous period14P€283€283=

Transfer from equity791/2€900,000€900,000=

From reserves792€900,000€900,000=

Transfer to equity691/2€911,710€592,021▼

To other reserves6921€911,710€592,021▼

Profit to be distributed694/7€900,000€900,000=

Return on contributions (dividend)694€900,000€900,000=

Social balance

Average headcount (FTE)908719.919.9=

The notes to these accounts (57 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Operating income70/76A	€6.1m	€6.2m	€6.7m	€6.4m	€6.6m	▲ 3.2%
Turnover70	€6.1m	€6.2m	€6.6m	€6.4m	€6.5m	▲ 1.8%
Own construction capitalised72	-	-	-	€43,011	€89,646	▲ 108%
Other operating income74	€23,612	€11,360	€86,904	€27,404	€68,126	▲ 149%
Non-recurring operating income76A	€9,519	€0	€20,267	-	-	-
Operating charges60/66A	€5.1m	€5.2m	€5.7m	€5.3m	€5.9m	▲ 10.7%
Goods for resale, raw materials and consumables60	€2.4m	€2.5m	€2.7m	€2.5m	€2.8m	▲ 10.7%
Purchases600/8	€2.4m	€2.5m	€2.9m	€2.6m	€2.5m	▼ 5.1%
Change in stocks: decrease (increase)609	€46,913	-€43,132	-€148,949	-€158,964	€243,900	▲ 253%
Services and other goods61	€912,905	€1.1m	€1.1m	€1.1m	€1.3m	▲ 14.3%
Remuneration, social security and pensions62	€1.6m	€1.6m	€1.8m	€1.6m	€1.7m	▲ 7.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€43,316	€45,102	€46,042	€61,040	€77,356	▲ 26.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4	€58,945	€960	€7,718	-	€23,261	-
Other operating charges640/8	€12,764	€20,199	€11,235	€38,282	€14,303	▼ 62.6%
Non-recurring operating charges66A	€296	€0	-	-	-	-
Operating profit (loss)9901	€1.0m	€1.1m	€1.0m	€1.1m	€756,773	▼ 32.5%
Financial income75/76B	€547	€248	€1,027	€14,914	€6,028	▼ 59.6%
Recurring financial income75	€547	€248	€632	€14,914	€6,028	▼ 59.6%
Income from financial fixed assets750	-	-	€632	-	-	-
Income from current assets751	-	-	-	€14,914	€3,548	▼ 76.2%
Other financial income752/9	€547	€248	-	-	€2,480	-
Non-recurring financial income76B	-	-	€395	-	-	-
Financial charges65/66B	€32,578	€29,836	€33,997	€50,895	€45,540	▼ 10.5%
Recurring financial charges65	€32,578	€29,836	€33,997	€50,895	€45,540	▼ 10.5%
Debt charges650	€6,153	€3,977	€8,184	€26,429	€24,252	▼ 8.2%
Other financial charges652/9	€26,425	€25,858	€25,813	€24,466	€21,287	▼ 13.0%
Profit (loss) for the period before taxes9903	€1.0m	€1.1m	€1.0m	€1.1m	€717,262	▼ 33.9%
Income taxes67/77	€163,104	€164,671	€140,625	€173,445	€125,524	▼ 27.6%
Taxes670/3	€163,500	€165,000	€140,625	€173,445	€125,524	▼ 27.6%
Tax adjustments and reversals of tax provisions77	€396	€329	-	-	-	-
Profit (loss) for the period9904	€852,987	€885,461	€867,204	€911,710	€591,738	▼ 35.1%
Transfer from tax-exempt reserves789	€37,500	€0	-	-	-	-
Profit (loss) for the period to be appropriated9905	€890,487	€885,461	€867,204	€911,710	€591,738	▼ 35.1%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€3.3m	€3.7m	€3.8m	€3.5m	€3.1m	▼ 11.5%
Fixed assets21/28	€539,425	€523,695	€531,888	€543,868	€577,478	▲ 6.2%
Intangible fixed assets21	€254	€0	-	€62,559	€135,207	▲ 116%
Tangible fixed assets22/27	€539,010	€523,533	€531,788	€481,208	€442,171	▼ 8.1%
Land and buildings22	€530,568	€498,210	€469,907	€436,774	€409,636	▼ 6.2%
Plant, machinery and equipment23	€7,775	€23,904	€57,615	€41,910	€30,526	▼ 27.2%
Furniture and vehicles24	€667	€1,419	€4,266	€2,524	€2,009	▼ 20.4%
Financial fixed assets28	€162	€162	€100	€100	€100	=
Other financial fixed assets284/8	€162	€162	€100	€100	€100	=
Amounts receivable and cash guarantees285/8	€162	€162	€100	€100	€100	=
Current assets29/58	€2.8m	€3.1m	€3.3m	€2.9m	€2.5m	▼ 14.8%
Stocks and contracts in progress3	€636,883	€665,336	€808,884	€967,848	€700,691	▼ 27.6%
Stocks30/36	€636,883	€665,336	€808,884	€967,848	€700,691	▼ 27.6%
Goods purchased for resale34	€636,883	€665,336	€808,884	€967,848	€700,691	▼ 27.6%
Amounts receivable within one year40/41	€1.0m	€1.3m	€902,137	€849,891	€960,216	▲ 13.0%
Trade receivables40	€1.0m	€1.3m	€892,262	€847,471	€958,670	▲ 13.1%
Other amounts receivable41	€1,629	€7,481	€9,875	€2,420	€1,546	▼ 36.1%
Current investments50/53	-	-	€800,000	€450,000	-	-
Other investments51/53	-	-	€800,000	€450,000	-	-
Cash at bank and in hand54/58	€1.1m	€1.1m	€754,244	€623,421	€802,754	▲ 28.8%
Deferred charges and accrued income490/1	€62,999	€36,752	€44,718	€32,963	€28,269	▼ 14.2%
Equity and liabilities
Total equity and liabilities10/49	€3.3m	€3.7m	€3.8m	€3.5m	€3.1m	▼ 11.5%
Equity10/15	€2.2m	€2.5m	€2.5m	€2.5m	€2.2m	▼ 12.5%
Contributions10/11	€622,600	€622,600	€622,600	€622,600	€622,600	=
Capital10	€622,600	€622,600	€622,600	€622,600	€622,600	=
Issued capital100	€622,600	€622,600	€622,600	€622,600	€622,600	=
Revaluation surpluses12	€133,158	€133,158	€133,158	€133,158	€133,158	=
Reserves13	€1.5m	€1.7m	€1.7m	€1.7m	€1.4m	▼ 18.0%
Non-distributable reserves130/1	€62,260	€62,260	€62,260	€62,260	€62,260	=
Legal reserve130	€62,260	€62,260	€62,260	€62,260	€62,260	=
Tax-exempt reserves132	€0	-	-	-	-	-
Distributable reserves133	€1.4m	€1.7m	€1.6m	€1.7m	€1.3m	▼ 18.6%
Profit (loss) carried forward14	€798	€283	€283	€283	-	-
Amounts payable17/49	€1.1m	€1.2m	€1.4m	€997,775	€907,455	▼ 9.1%
Amounts payable after more than one year17	€179,231	€125,704	€70,951	€22,500	€10,487	▼ 53.4%
Financial debts170/4	€179,231	€125,704	€70,951	€22,500	€10,487	▼ 53.4%
Credit institutions173	€179,231	€125,704	€70,951	€22,500	€10,487	▼ 53.4%
Amounts payable within one year42/48	€900,955	€1.0m	€1.3m	€962,961	€819,712	▼ 14.9%
Current portion of amounts payable after more than one year42	€75,427	€53,652	€54,753	€48,451	€12,013	▼ 75.2%
Financial debts43	€0	-	-	-	-	-
Credit institutions430/8	€0	-	-	-	-	-
Trade debts44	€469,811	€505,798	€691,554	€614,698	€426,200	▼ 30.7%
Suppliers440/4	€469,811	€505,798	€691,554	€614,698	€426,200	▼ 30.7%
Taxes, remuneration and social security45	€355,716	€438,000	€498,107	€299,812	€381,500	▲ 27.2%
Taxes450/3	€79,540	€188,812	€163,560	€117,786	€171,762	▲ 45.8%
Remuneration and social security454/9	€276,176	€249,188	€334,547	€182,026	€209,738	▲ 15.2%
Other amounts payable47/48	€0	€38,976	€54,000	-	-	-
Accrued charges and deferred income492/3	€21,174	€16,125	€14,000	€12,314	€77,256	▲ 527%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€852,987	€885,461	€867,204	€911,710	€591,738	▼ 35.1%
+ Depreciation and write-downs630	€43,316	€45,102	€46,042	€61,040	€77,356	▲ 26.7%
Operating cash flow (approximation)	€896,303	€930,563	€913,246	€972,749	€669,093	▼ 31.2%
Investment in fixed assets (approximation)	-	-€29,372	-€54,235	-€73,019	-€110,966	▼ 52.0%
Change in cash	-	€64,179	-€376,231	-€130,823	€179,333	▲ 237%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 29Financial 2Gazette 17Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

03-09

State Gazette act Resignation: RSM InterAudit BV (statutory auditor)

Appointment: GROUPE AUDIT BELGIUM (statutory auditor) · Shareholding · Auditor report7 facts ▸

General meeting, 21-08-2026
Shareholding, 21-08-2026, 9005
Auditor resignation, RSM InterAudit BV
Auditor report, verslag heeft kunnen uitbrengen, 31-12-2025
Director discharge, RSM InterAudit BV
Auditor appointment, GROUPE AUDIT BELGIUM
Power of attorney, Norgay Accountants

10-07

NBB filing Annual accounts filed

fiscal year 2025 · full schema

06-02

State Gazette act Resignation: DAVA MANAGEMENT (gedelegeerde tot het dagelijks bestuur)

Permanent representative: VAEREMANS David · Power of attorney4 facts ▸

Board meeting, 01-01-2026
Director resignation, DAVA MANAGEMENT (gedelegeerde tot het dagelijks bestuur)
Permanent representative, VAEREMANS David
Power of attorney, LENA CONSULTING

2025

09-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Highest result since 2018net €911,710 ▲5.1%

Operating result €1.1m, net result €911,710, both a record.

24-12

State Gazette act Reappointment: RSM Interaudit (statutory auditor)

Permanent representative: Laurent Van der Linden · Mandate compensation4 facts ▸

General meeting, 19-11-2024
Auditor reappointment, RSM Interaudit
Permanent representative, Laurent Van der Linden
Mandate compensation, RSM Interaudit

13-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

13-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

10-05

State Gazette act Resignations: GRAN-PINI, DAVA MANAGEMENT and 3 others

Appointments: FERMAX ELECTRONICA S.A.U. (director) and DAVA MANAGEMENT (gedelegeerde tot het dagelijks bestuur) · Permanent representatives: PALACIO CHAVAGNAT Jeremy and David VAEREMANS · Statutes amendment16 facts ▸

General meeting, 28-04-2023
Statutes amendment
Statutes amendment
Statutes amendment
Capital, €622.600
Director resignation, GRAN-PINI (director)
Director resignation, DAVA MANAGEMENT (director)
Director resignation, PALACIO CHAVAGNAT Jeremy (director)
Director resignation, MAESTRE Sergio (director)
Director resignation, RODRIGUEZ Sergio (director)
Director appointment, FERMAX ELECTRONICA S.A.U. (director)
Permanent representative, PALACIO CHAVAGNAT Jeremy
+4 further facts in this act

2022

14-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

26-01

State Gazette act Resignation: Finvision Bedrijfsrevisoren Antwerpen BV (statutory auditor)

Permanent representatives: Karel Nijs, Laurent Van der Linden and David Vaeremans · Appointment: RSM Interaudit CV (statutory auditor) · Mandate term7 facts ▸

General meeting, 04-01-2022
Director resignation, Finvision Bedrijfsrevisoren Antwerpen BV (statutory auditor)
Permanent representative, Karel Nijs
Auditor appointment, RSM Interaudit CV (statutory auditor)
Permanent representative, Laurent Van der Linden
Mandate term, om een einde te nemen op de algemene vergadering van 2024 die beraadslaagt over de jaarrekening per 31/12/2023
Permanent representative, David Vaeremans

2021

31-12

Financial Equity above €2mEq €2.2m ▲32.7%

4 profitable years in a row build equity to €2.2m.

Show earlier events

31-05

State Gazette act Appointments: Dava Management BV, Gran-Pini BV and 3 others

Permanent representatives: David Vaeremans and Jean-Pierre Piret8 facts ▸

General meeting, 03-05-2021
Director appointment, Dava Management BV (director)
Permanent representative, David Vaeremans
Director appointment, Gran-Pini BV (director)
Permanent representative, Jean-Pierre Piret
Director appointment, Chavagnat Jeremy Palacio (director)
Director appointment, Maestre Sergio Aczon (director)
Director appointment, Rodriguez Sergio Luis (director)

21-05

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

14-05

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

13-06

State Gazette act Reappointment: Nijs Roeckens Bedrijfsrevisoren BVBA (statutory auditor)

Permanent representatives: Karel Nijs and David Vaeremans4 facts ▸

General meeting, 20-05-2019
Auditor reappointment, Nijs Roeckens Bedrijfsrevisoren BVBA (statutory auditor)
Permanent representative, Karel Nijs
Permanent representative, David Vaeremans

15-05

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

21-05

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

10-05

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

27-12

State Gazette act Appointment: Nijs Roeckens (statutory auditor)

Permanent representative: Karel Nijs3 facts ▸

General meeting, 29-11-2016
Auditor appointment, Nijs Roeckens (statutory auditor)
Permanent representative, Karel Nijs

04-07

State Gazette act Restructuring

Statutes amendment · Merger · Net-asset statement11 facts ▸

General meeting, 01-06-2016
Statutes amendment
Merger, 01-06-2016
Net-asset statement, 31-12-2015
Capital increase, €239.600
Share issue, gewone aandelen, 3260
Capital, €622.600
Purpose change, Wijziging van het maatschappelijk doel om in overeenstemming te brengen met de activiteiten na de fusie
Name change, FERMAX BELGIUM
Power of attorney, Jan De Brouwer
Dissolution, 01-06-2016

11-04

State Gazette act Restructuring

Appointment: Nijs Roeckens Bedrijfsrevisoren BVBA (statutory auditor) · Merger · Capital11 facts ▸

Merger, absorption, 31-12-2015
Capital, €383.000
Capital, €239.600
Net-asset statement, 31-12-2015
Net-asset statement, 31-12-2015
Accounting effect, 01-01-2016
Name change, Fermax Belgium
Purpose change, aangepast
Auditor appointment, Nijs Roeckens Bedrijfsrevisoren BVBA
Tax regime, vrijstellingsregime (art. 211, §1, tweede lid WIB 1992)
Brand name retention, Dobiss

05-01

State Gazette act Permanent representative: Jean-Pierre Piret

Power of attorney · Mandate term4 facts ▸

Board meeting, 02-12-2015
Power of attorney, Claudine Piret
Mandate term, onbepaalde duur
Permanent representative, Jean-Pierre Piret

2015

26-10

State Gazette act Resignations: GRAN-PINI (manager) and RODRIGUEZ Sergio Luis (manager)

Appointments: CHAVAGNAT Jeremy Palacio, RODRIGUEZ Sergio Luis and 3 others · Permanent representatives: VAEREMANS David and PIRET Jean-Pierre Gustave Victor · Legal-form conversion27 facts ▸

General meeting, 25-09-2015
Legal-form conversion, Besloten vennootschap met beperkte aansprakelijkheid naar Naamloze vennootschap
Capital, €383.000
Director resignation, GRAN-PINI (manager)
Director resignation, RODRIGUEZ Sergio Luis (manager)
Director discharge, GRAN-PINI
Director discharge, RODRIGUEZ Sergio Luis
Director discharge, PIRET Claudine Elisa
Director appointment, CHAVAGNAT Jeremy Palacio (director)
Director appointment, RODRIGUEZ Sergio Luis (director)
Director appointment, MAESTRE Sergio Azcóri (director)
Director appointment, DAVA MANAGEMENT bvba (director)
+15 further facts in this act

17-09

State Gazette act Resignation: Claudine Piret (manager)

Permanent representative: Jean-Pierre Piret3 facts ▸

General meeting, 28-08-2015
Director resignation, Claudine Piret (manager)
Permanent representative, Jean-Pierre Piret

13-08

State Gazette act Appointment: Sergio Luis Rodriguez (manager)

Mandate compensation3 facts ▸

General meeting, 30-07-2015
Director appointment, Sergio Luis Rodriguez (manager)
Mandate compensation, Sergio Luis Rodriguez

2014

20-01

State Gazette act Capital & shares · Statutes amendment

Capital increase · Bank account · Registered-office move8 facts ▸

General meeting, 16/12/2013
Capital increase
Bank account, BE71 7440 3979 7069
Statutes amendment
Registered-office move, 1570 Galmaarden, Nieuwstraat 10
Power of attorney, ACCOUNTANTSKANTOOR DE BROUWER
Power of attorney, Paul Van Holen
Dividend distribution, Bruto dividend uitgekeerd aan vennoten in verhouding met aandelenbezit; netto bedragen ingebracht in het maatschappelijk kapitaal., 10% roerende voorheffing (ar…

2010

21-01

State Gazette act Resignation: Jean-Pierre Piret (manager)

Appointment: Gran-Pini BVBA (manager) · Permanent representative: Jean-Pierre Piret · Registered-office move6 facts ▸

General meeting, 02-01-2010
Director resignation, Jean-Pierre Piret (manager)
Director appointment, Gran-Pini BVBA (manager)
Permanent representative, Jean-Pierre Piret
Board meeting, 30-12-2009
Registered-office move, Nieuwstraat 10, 1570 Galmaarden

2004

01-03

State Gazette act Registered office · Capital & shares · Statutes amendment

Capital · Capital increase · Registered-office move7 facts ▸

General meeting, 29-12-2003
Capital, €18.529,01
Statutes amendment
Capital increase, €31.470,99
Registered-office move, Galmaarden, Bergstraat 28
Statutes amendment
Capital, €50.000

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

17 of 17 acts read

Directors · office · real estate

Directors

3 directors, no change since 2025

Board 3

GRAN-PINI

Director · since 25-09-2015 · Private limited company · perm. rep.: Jean-Pierre Piret

Current

Maestre Sergio Aczon

Director · since 03-05-2021

Current

FERMAX ELECTRONICA S.A.U.

Director · since 10-05-2023 · Legal entity · from a recent act

Current

Permanent representatives 1

Jean-Pierre Piret

Permanent representative · since 25-09-2015 · for GRAN-PINI

Current

Statutory auditor 1

Groupe Audit Belgium

Auditor · since 21-08-2026 · perm. rep.: Werner Claeys

Current

"From a recent act": read from a Gazette act not yet processed into our list of directors.

Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →

Location & real-estate footprint

Registered office, Pajottegem · 2 establishment units since 1991

seat establishment All 2 establishment units on the map

Ground area

2,209 m²

Building footprint

4,243 m²

Volume, LiDAR

27,668 m³

2 parcels, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

Fermax Belgium NV

Nieuwstraat 10, 1570 PajottegemInsurance, reinsurance and pension funding, except compulsory social security

since 19912.053.651.534

FERMAX BELGIUM

Fabrieksstraat 4A, 3980 Tessenderlo-HamGeneral electrical installation work

since 20202.305.448.686

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23023C0360/00G000	Flanders	1,374 m²	1 · 363 m²	11.5 m · 3 fl.
71362B0296/00T000	Flanders	835 m²	1 · 3,880 m²	7.5 m · 2 fl.

Linked by address, not proof of ownership

Good to know

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Mandate history

14 people since 2010, 4 in office

All 14 In office 4 Ended 10

Board
Day-to-day management
Statutory auditor
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
GRAN-PINI	Manager, from 02-01-2010 to 25-09-2015 Director, from 25-09-2015 to date
Maestre Sergio Aczon	Director, from 03-05-2021 to date
FERMAX ELECTRONICA S.A.U.from an act	Director, from 10-05-2023 to date
Groupe Audit Belgium	Auditor, from 21-08-2026 to date
RSM INTERAUDIT	Auditor, from 04-01-2022 to 21-08-2026
DAVA MANAGEMENT	Director, from 25-09-2015 to 28-04-2023 Gedelegeerde tot het dagelijks bestuur, from 28-04-2023 to 31-12-2025
CHAVAGNAT Jeremy Palacio	Director, from 25-09-2015 to 28-04-2023
GRAN-PINI	Director, until 28-04-2023
MAESTRE Sergio Azcóri	Director, from 25-09-2015 to 09-03-2023
RODRIGUEZ Sergio Luis	Manager, from 30-07-2015 to 25-09-2015 Director, from 25-09-2015 to 09-03-2023
Finvision Bedrijfsrevisoren Antwerpen BV	Statutory auditor, until 04-01-2022
Nijs Roeckens bedrijfsrevisoren BVBA	Statutory auditor, from 31-03-2016 to 04-01-2022
Claudine Piret	Manager, until 28-08-2015
Jean-Pierre PIRET	Manager, until 02-01-2010

Show all 14 people Show the first 12See the board, name and seat on a given date →

Articles of association

Purpose

De aan- en verkoop, import en export, de ontwikkeling, fabricatie, installatie, onderhoud en herstelling van diverse investerings- en verbruiksgoederen voor particulieren en…

Full purpose

De aan- en verkoop, import en export, de ontwikkeling, fabricatie, installatie, onderhoud en herstelling van diverse investerings- en verbruiksgoederen voor particulieren en bedrijven uit diverse sectoren, zoals voornamelijk mechanische, elektromechanische en elektronische apparaten, hardware en software. In het bijzonder maar niet beperkend worden systemen en technologieën van parlofonie, videofonie, domotica, intercom, toegangscontrole, beveiliging, automatisatie van het beheer van gebouwen en installaties en dergelijke bedoeld. Het beheer, dagelijks bestuur, advisering, begeleiding en ondersteuning van bedrijven, divisies of afdelingen van bedrijven. De promotie van diensten en producten en marktonderzoek voor eigen rekening en voor rekening van derden. Het bemiddelen en tussenkomen in handelstransacties ; het optreden als handelsvertegenwoordiger. Het beheren en beleggen van onroerende vermogens. Het maken van alle studies, het geven van adviezen, inzake alle handelsfinanciële en administratieve aangelegenheden. Het nemen van belangen in en het voeren van beheer over alle vennootschappen en ondernemingen in de ruimste zin. Zij mag ook alle financiële, nijverheids-, handels-, roerende en onroerende handelingen verrichten, die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp, en aandelen nemen bij middel van inschrijving, inbreng, deelneming of op een andere wijze, in elke vennootschap of onderneming met een gelijkaardige, verwante of aanvullende bedrijvigheid, en, in het algemeen, alle handelingen verrichten die de verwezenlijking van haar voorwerp kunnen bevorderen.

according to the deed of 10-05-2023

Structure & network

Connections & network

2 current directors

Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Acquisitions and mergers

1 transaction

Took over:DOBISS

BE 0455.313.545merger by absorption · State Gazette act of 04-07-2016 (2 acts) · effective 01-06-2016

Capital and shareholders

Shareholders according to the acts

Stated in the act act of 03-09-2026 ↗

FERMAX ELECTRONICA S.A.U all shares

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years

10-05-2023 Capital stated in the act · 622,600 EUR · 9,005 shares
04-07-2016 Capital increase of 239,600 EUR · to 622,600 EUR
11-04-2016 Capital stated in 2 acts · 383,000 EUR · 5,745 shares
20-01-2014 Capital increase · 4,995 new shares
01-03-2004 Capital increase of 31,470.99 EUR · to 50,000 EUR · from reserves

Public money · subsidies and aid

Flemish government

2023 to 2025 · 2 entries · 668 EUR awarded · 668 EUR paid

Year	Entries	awarded	paid
2025	1	221 EUR	221 EUR
2023	1	447 EUR	447 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 668 EUR · 668 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

La Temporisation électrique

BE 0401.737.574

Thuin · Eq €2,157,043

MEDICAL DATA TECHNOLOGY

BE 0438.052.988

Ukkel · Eq €2,196,213

PRODUCT & NEGOCE

BE 0461.654.177

Herstal · Eq €2,126,958

La Dynamique Appliquée

BE 0405.895.609

Zemst · Eq €2,121,091

PEPPERL + FUCHS

BE 0436.097.152

Schoten · Eq €2,111,157

Of 1,244 companies in sector 46643 we hold annual accounts for 953. 624 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

Founded24-06-1991

Fiscal year end31-12

Activities, NACEBEL 2025

46643Wholesale of electrical equipment, including installation materials

27900Manufacture of electrical equipment

43211General electrical installation work

46500Wholesale of information and communication equipment

72109Other research and development on natural sciences

73200Market research and public opinion polling

96999Other personal services

Scores and ratios are computed by Checked and are not a credit decision.