FER&NOX
ActiveSummary
The computed 12-month bankruptcy probability of FER&NOX is 1.6% (moderate). The 2024 annual accounts show equity of €193k and a net result of €6k. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 60% of 2437 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-3
Solvency81▼-12
Growth52=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 3.04 in 2023; short-term debt: 41% and cash: 6% of total assets), and 44.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
78 d late
2022
127 d late
2021
80 d late
2020
107 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€193k▼ 37.1%
2023 · €306k
2018: €83klowest in 7 years
2019: €143k▲ +71.1% vs 2018
2020: €169k▲ +18.8% vs 2019
2021: €211k▲ +24.4% vs 2020
2022: €288k▲ +36.8% vs 2021
2023: €306k▲ +6.3% vs 2022highest in 7 years
2024: €193k▼ -37.1% vs 2023
2018 → 2024
Total assets
€346k▼ 23.0%
2023 · €449k
2018: €184klowest in 7 years
2019: €232k▲ +26.2% vs 2018
2020: €275k▲ +18.5% vs 2019
2021: €332k▲ +20.8% vs 2020
2022: €339k▲ +2.1% vs 2021
2023: €449k▲ +32.6% vs 2022highest in 7 years
2024: €346k▼ -23.0% vs 2023
2018 → 2024
Net result
€6k▼ 64.3%
2023 · €18k
2018: €36k
2019: €59k▲ +64.0% vs 2018
2020: €62k▲ +4.2% vs 2019
2021: €76k▲ +23.7% vs 2020highest in 7 years
2022: €66k▼ -13.4% vs 2021
2023: €18k▼ -72.7% vs 2022
2024: €6k▼ -64.3% vs 2023lowest in 7 years
2018 → 2024
Working capital
€194k▼ 33.4%
2023 · €292k
2018: €82klowest in 7 years
2019: €142k▲ +72.8% vs 2018
2020: €169k▲ +19.2% vs 2019
2021: €211k▲ +24.5% vs 2020
2022: €269k▲ +27.7% vs 2021
2023: €292k▲ +8.5% vs 2022highest in 7 years
2024: €194k▼ -33.4% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€169k-€211k▲ 24.4%€288k▲ 36.8%€306k▲ 6.3%€193k▼ 37.1%
2020: €169klowest in 5 years
2021: €211k▲ +24.4% vs 2020
2022: €288k▲ +36.8% vs 2021
2023: €306k▲ +6.3% vs 2022highest in 5 years
2024: €193k▼ -37.1% vs 2023
Operating result€62k-€85k▲ 37.1%€52k▼ 39.2%€18k▼ 65.1%€15k▼ 18.7%
2020: €62k
2021: €85k▲ +37.1% vs 2020highest in 5 years
2022: €52k▼ -39.2% vs 2021
2023: €18k▼ -65.1% vs 2022
2024: €15k▼ -18.7% vs 2023lowest in 5 years
Net result€62k-€76k▲ 23.7%€66k▼ 13.4%€18k▼ 72.7%€6k▼ 64.3%
2020: €62k
2021: €76k▲ +23.7% vs 2020highest in 5 years
2022: €66k▼ -13.4% vs 2021
2023: €18k▼ -72.7% vs 2022
2024: €6k▼ -64.3% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 19% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €346k
Fixed assets
€10k ▼ 32.7%
Current assets
€336k ▼ 22.7%
Equity and liabilities €346k
Equity
€193k ▼ 37.1%
Debt
€153k ▲ 7.1%
Debt's share of the balance-sheet total rises from 31.8% to 44.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€20k▼
2023 · €23k
Cash flow
€11k▼
2023 · €23k
Current ratio
2.37▼
2023 · 3.04
Debt to equity
0.79▲
2023 · 0.47
ROE
3.3%▼
2023 · 5.9%
ROA
1.9%▼
2023 · 4.0%
Interest coverage
6.23▼
2023 · 22.12
Debt ≤ 1 year
€142k▼
2023 · €143k
Debt > 1 year
€11k
Income taxes
€5k▼
2023 · €12k
Staff costs
€95k▲
2023 · €63k
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 · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€449k€346k▼
Fixed assets21/28€15k€10k▼
Tangible fixed assets22/27€14k€10k▼
Furniture and vehicles24€14k€10k▼
Financial fixed assets28€350€350=
Current assets29/58€435k€336k▼
Amounts receivable after more than one year29-€133k
Other amounts receivable291-€133k
Amounts receivable within one year40/41€391k€182k▼
Trade receivables40€55k€143k▲
Other amounts receivable41€336k€39k▼
Cash at bank and in hand54/58€44k€21k▼
Equity and liabilities
Total equity and liabilities10/49€449k€346k▼
Equity10/15€306k€193k▼
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Outside capital11-€19k
Other1109/19-€19k
Reserves13€39k€39k=
Non-distributable reserves130/1€39k€39k=
Legal reserve130€2k€2k=
Reserves not available under the articles1311€37k€37k=
Profit (loss) carried forward14€249k€135k▼
Amounts payable17/49€143k€153k▲
Amounts payable after more than one year17-€11k
Financial debts170/4-€11k
Amounts payable within one year42/48€143k€142k▼
Current portion of amounts payable after more than one year42-€1k
Financial debts43-€44k
Credit institutions430/8-€44k
Trade debts44€5k€851▼
Suppliers440/4€5k€851▼
Taxes, remuneration and social security45€103k€52k▼
Taxes450/3€54k€16k▼
Remuneration and social security454/9€48k€36k▼
Other amounts payable47/48€35k€43k▲
Income statement
Code20232024
Remuneration, social security and pensions62€63k€95k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€1k€7k▲
Gross operating margin9900€88k€122k▲
Operating profit (loss)9901€18k€15k▼
Financial income75/76B€13k€1▼
Recurring financial income75€13k€1▼
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€30k€12k▼
Income taxes67/77€12k€5k▼
Profit (loss) for the period9904€18k€6k▼
Profit (loss) for the period to be appropriated9905€18k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€249k€255k▲
Profit (loss) brought forward from the previous period14P€231k€249k▲
Profit to be distributed694/7-€120k
Return on contributions (dividend)694-€120k
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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €417 | - | - | - |
| Remuneration, social security and pensions62 | - | €41k | €69k | €63k | €95k | ▲ 49.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €474 | - | €5k | €5k | €5k | = |
| Other operating charges640/8 | - | €1k | €858 | €1k | €7k | ▲ 475% |
| Gross operating margin9900 | €114k | €128k | €127k | €88k | €122k | ▲ 38.8% |
| Operating profit (loss)9901 | €62k | €85k | €52k | €18k | €15k | ▼ 18.7% |
| Financial income75/76B | - | - | €30k | €13k | €1 | ▼ 100.0% |
| Recurring financial income75 | €19k | - | €30k | €13k | €1 | ▼ 100.0% |
| Non-recurring financial income76B | - | - | €30k | - | - | - |
| Financial charges65/66B | - | €977 | €999 | €1k | €3k | ▲ 203% |
| Recurring financial charges65 | €769 | €977 | €999 | €1k | €3k | ▲ 203% |
| Profit (loss) for the period before taxes9903 | €80k | €84k | €81k | €30k | €12k | ▼ 61.0% |
| Income taxes67/77 | €18k | €8k | €15k | €12k | €5k | ▼ 55.7% |
| Profit (loss) for the period9904 | €62k | €76k | €66k | €18k | €6k | ▼ 64.3% |
| Profit (loss) for the period to be appropriated9905 | €62k | €76k | €66k | €18k | €6k | ▼ 64.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €275k | €332k | €339k | €449k | €346k | ▼ 23.0% |
| Fixed assets21/28 | €350 | €350 | €20k | €15k | €10k | ▼ 32.7% |
| Tangible fixed assets22/27 | - | - | €19k | €14k | €10k | ▼ 33.5% |
| Furniture and vehicles24 | - | - | €19k | €14k | €10k | ▼ 33.5% |
| Financial fixed assets28 | €350 | €350 | €350 | €350 | €350 | = |
| Current assets29/58 | €274k | €332k | €319k | €435k | €336k | ▼ 22.7% |
| Amounts receivable after more than one year29 | - | - | - | - | €133k | - |
| Other amounts receivable291 | - | - | - | - | €133k | - |
| Amounts receivable within one year40/41 | €263k | €321k | €289k | €391k | €182k | ▼ 53.4% |
| Trade receivables40 | - | €48k | €37k | €55k | €143k | ▲ 160% |
| Other amounts receivable41 | - | €273k | €252k | €336k | €39k | ▼ 88.5% |
| Cash at bank and in hand54/58 | €12k | €11k | €30k | €44k | €21k | ▼ 52.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €275k | €332k | €339k | €449k | €346k | ▼ 23.0% |
| Equity10/15 | €169k | €211k | €288k | €306k | €193k | ▼ 37.1% |
| Contributions10/11 | €6k | €6k | €19k | €19k | €19k | = |
| Capital10 | - | €6k | €19k | €19k | - | - |
| Issued capital100 | - | €19k | €19k | €19k | - | - |
| Uncalled capital101 | - | €12k | - | - | - | - |
| Outside capital11 | - | - | - | - | €19k | - |
| Other1109/19 | - | - | - | - | €19k | - |
| Reserves13 | €39k | €39k | €39k | €39k | €39k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €39k | €39k | = |
| Legal reserve130 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | - | €37k | €37k | = |
| Distributable reserves133 | - | €37k | €37k | - | - | - |
| Profit (loss) carried forward14 | €124k | €166k | €231k | €249k | €135k | ▼ 45.6% |
| Amounts payable17/49 | €105k | €121k | €50k | €143k | €153k | ▲ 7.1% |
| Amounts payable after more than one year17 | - | - | - | - | €11k | - |
| Financial debts170/4 | - | - | - | - | €11k | - |
| Amounts payable within one year42/48 | €105k | €121k | €50k | €143k | €142k | ▼ 0.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €1k | - |
| Financial debts43 | - | - | - | - | €44k | - |
| Credit institutions430/8 | - | - | - | - | €44k | - |
| Trade debts44 | €37k | €54k | - | €5k | €851 | ▼ 84.1% |
| Suppliers440/4 | - | €54k | - | €5k | €851 | ▼ 84.1% |
| Advances received on contracts in progress46 | - | €15k | - | - | - | - |
| Taxes, remuneration and social security45 | - | €17k | €15k | €103k | €52k | ▼ 49.0% |
| Taxes450/3 | - | - | €2k | €54k | €16k | ▼ 70.1% |
| Remuneration and social security454/9 | - | €17k | €13k | €48k | €36k | ▼ 25.3% |
| Other amounts payable47/48 | - | €35k | €35k | €35k | €43k | ▲ 24.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62k | €76k | €66k | €18k | €6k | ▼ 64.3% |
| + Depreciation and write-downs630 | €474 | - | €5k | €5k | €5k | = |
| Operating cash flow (approximation) | €62k | €76k | €71k | €23k | €11k | ▼ 50.8% |
| Investment in fixed assets (approximation) | - | €0 | €-24k | €0 | €0 | - |
| Change in cash | - | €-1k | €19k | €14k | €-23k | ▼ 267% |
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
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-12
Financial
Weakest financial yearnet €6k ▼64.3%
Net result drops to €6k, the lowest in the series.
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 78 days late
2023
05-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 127 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 6.32
Current ratio from 2.74 to 6.32; short-term debt falls from €121k to €50k.
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 80 days late
2021
31-12
Financial
Highest result since 2018net €76k ▲23.7%
Operating result €85k, net result €76k, both a record.
31-12
Financial
Equity above €200kEq €211k ▲24.4%
4 profitable years in a row build equity to €211k.
15-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 107 days late
2020
31-12
Financial
Equity above €150kEq €169k ▲18.8%
3 profitable years in a row build equity to €169k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Equity above €100kEq €143k ▲71.1%
2 profitable years in a row build equity to €143k.
Show earlier events
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Evere · 1 establishment unit since 2015
Ground area
8,649 m²
Building footprint
839 m²
Volume, LiDAR
5,984 m³
2 parcels, Brussels · tallest building 15.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Bollinckxstraat 15E, 1070 Anderlecht
since 20152.242.886.161
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0232/00W000 | Brussels | 8,562 m² | 1 · 754 m² | 13.1 m · 2 fl. |
| 21006A0397/00H002 | Brussels | 87 m² | 1 · 85 m² | 15.6 m · 5 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.
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Of 3,984 companies in sector 25110 we hold annual accounts for 2,145. 1,662 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-05-2015
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25620Manufacture of fabricated metal products, except machinery and equipment
25530Machining of metals
25999Manufacture of fabricated metal products, except machinery and equipment
43240Other construction installation
Scores and ratios are computed by Checked and are not a credit decision.