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FERCEN

Active
Private limited companyfounded 2004active for 22 yearsCauwerburg 105, 9140 Temse, BelgiumKBO/BCE: BE 0864.967.410
Summary

The computed 12-month bankruptcy probability of FERCEN is 3.5% (moderate). The 2024 annual accounts show equity of €61,369 and a net result of €615. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 68% of 18,734 sector peers (NACE 56, financial year 2024). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 27-04-2004 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2024
Establishment unit
2.136.953.154 since 11-05-2004
Financial year end
31 December
Peppol
Reachable since 09-01-2026

Board and ownership

Board

Financial position

50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.5%
Annual accounts 2024
Gross margin
€10,316
▼ 56.4%
Turnover
≈ €120,000
estimated
Profit
€615
▼ 93.2%
Equity
€61,369
▲ 1.0%
Total assets
€122,726
▼ 30.8%
Staff
0.3 FTE
=
  • 2025 accounts not filed, 94 days past the deadline
Filed on 24-09-2025
Score breakdownraises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed on 01-10-2025)lowers riskLiquidity: current ratio 2.01, cash €65,131Founded in 2004Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 56% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2023
Strong
Solvency 75+16
equity 50.0% of total assets
Liquidity 79+7
short-term debt 42.9% · cash 53.1%
Profitability 39-36
return on assets 0.5%
Bankruptcy probability within 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025lowest value 05-2025: 1.1%▲ +0.1 percentage points vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.5%▲ +0.4 percentage points vs 07-2025 09-2025: 2.0%▲ +0.5 percentage points vs 08-2025 10-2025: 3.0%▲ +1.0 percentage point vs 09-2025 11-2025: 1.4%▼ -1.6 percentage points vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.3%▼ -0.1 percentage points vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 3.5%▲ +2.2 percentage points vs 02-2026 04-2026: 3.4%▼ -0.1 percentage points vs 03-2026 05-2026: 3.2%▼ -0.2 percentage points vs 04-2026 06-2026: 3.1%▼ -0.1 percentage points vs 05-2026 07-2026: 3.2%▲ +0.1 percentage points vs 06-2026 08-2026: 4.3%▲ +1.1 percentage points vs 07-2026 09-2026: 5.2%▲ +0.9 percentage points vs 08-2026highest value 10-2026: 3.5%▼ -1.7 percentage points vs 09-2026 11-2026: 3.5%● unchanged vs 10-2026
Credit of up to €3,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.01 (1.59 in 2023), above the usual 1.5. Short-term debt is 42.9% and cash 53.1% of total assets. 50% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 68% of them on solvency, 83% on liquidity, 31% on profitability and 43% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed on 01-10-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.01, cash €65,131
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 55 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
55 days late
2023
20 days early
2022
156 days late
2021
6 days early
2020
79 days late
2019
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 41 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Registered office moved from Sint-Niklaas to Temse
  2. · Gazette deed Registered office moved from Hamme to Sint-Niklaas
  3. · Gazette deed Change of role: BEGDAS Alper, from manager to director
All 17 events

Comparable companies

These companies have the same main activity as FERCEN: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €105,000 and €132,000, founded between 2001 and 2006.

CompanyTotal assetsGross margin
FERCEN Temse€122,726€10,316
PATWARY Elsene€116,595€9,446
WANG DA Diepenbeek€132,308€9,141
LOUKADI Anderlecht€126,068€9,143
RAMSES Wuustwezel€114,143€8,226
Ranico Deinze€105,022€11,924
SNACK TETIK Sint-Joost-ten-Node€110,921€13,324
Full comparison

Key facts about FERCEN

What is the company number of FERCEN?
The company number of FERCEN is 0864.967.410. The VAT number is the same number with BE in front: BE 0864.967.410.
Where is FERCEN based?
The registered office is at Cauwerburg 105, 9140 Temse.Company details
What does FERCEN do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of FERCEN?
The legal form of FERCEN is Private limited company (BV).
When was FERCEN founded?
FERCEN was founded on 27-04-2004.
Is FERCEN still active?
Yes, FERCEN is an active enterprise in the KBO register.
How many employees does FERCEN have?
FERCEN had an average of 0.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does FERCEN fall under?
In its 2024 annual accounts, FERCEN states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of FERCEN?
The turnover in financial year 2024 is ≈ €120,000. This figure is estimated from the gross margin of €10,316 and 134 comparable companies (NACE 56112). It probably lies between €71,000 and €200,000. It is a rough estimate.
Is FERCEN profitable?
In financial year 2024, FERCEN made a profit of €615.
Where can I find the annual accounts of FERCEN?
FERCEN filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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