Fercon
ActiveSummary
Fercon has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,455 and a net result of €37,455. Equity is growing by ~45% per year across the filed fiscal years. Its solvency ranks better than 20% of 3494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▼-13
Solvency35▼-65
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.15 against 6.2 in 2024; short-term debt: 80.3% and cash: 4% of total assets), and 90.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer 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
9.8%
Return on assets
9.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 3494 sector peers (2025).
NBB · sector comparisonPosition among 3494 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 5 filingsDeviation from the deadline
2025
7 d late
2024
15 d early
2023
30 d late
2022
31 d late
2021
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€40,455▼ 86.1%
2024 · €290,738
Total assets
€413,316▲ 11.4%
2024 · €370,867
Net result
€37,455▼ 48.9%
2024 · €73,332
Working capital
€49,978▼ 82.2%
2024 · €280,740
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€126,159-€84,905▼ 32.7%€100,728▲ 18.6%€96,616▼ 4.1%€45,041▼ 53.4%
Net result€105,657-€68,404▼ 35.3%€78,720▲ 15.1%€73,332▼ 6.8%€37,455▼ 48.9%
Equity€81,657-€138,686▲ 69.8%€217,406▲ 56.8%€290,738▲ 33.7%€40,455▼ 86.1%
Total assets€157,215-€218,435▲ 38.9%€284,111▲ 30.1%€370,867▲ 30.5%€413,316▲ 11.4%
Debt€75,557-€79,749▲ 5.5%€66,705▼ 16.4%€80,129▲ 20.1%€372,861▲ 365%
Working capital€72,768-€108,108▲ 48.6%€194,742▲ 80.1%€280,740▲ 44.2%€49,978▼ 82.2%
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 two years in a row; 2025 is 53% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €413,316
Fixed assets
€31,350 ▼ 13.3%
Current assets
€381,966 ▲ 14.1%
Equity and liabilities €413,316
Equity
€40,455 ▼ 86.1%
Debt
€372,861 ▲ 365%
Debt's share of the balance-sheet total rises from 21.6% to 90.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€60,947▼
2024 · €113,818
Cash flow
€53,360▼
2024 · €90,534
Current ratio
1.15▼
2024 · 6.20
Debt to equity
9.22▲
2024 · 0.28
ROE
92.6%▲
2024 · 25.2%
ROA
9.1%▼
2024 · 19.8%
Interest coverage
37.31▼
2024 · 72.26
Debt ≤ 1 year
€331,989▲
2024 · €53,969
Debt > 1 year
€39,555▲
2024 · €25,000
Income taxes
€9,972▼
2024 · €21,709
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €6,499 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €444 | €15,121 | €16,896 | €17,202 | €15,905 | ▼ 7.5% |
| Other operating charges640/8 | €2,203 | €1,021 | €790 | €1,040 | €817 | ▼ 21.5% |
| Non-recurring operating charges66A | €2,638 | - | - | - | - | - |
| Gross operating margin9900 | €131,444 | €101,047 | €118,414 | €114,858 | €61,763 | ▼ 46.2% |
| Operating profit (loss)9901 | €126,159 | €84,905 | €100,728 | €96,616 | €45,041 | ▼ 53.4% |
| Financial income75/76B | €0 | - | €26 | - | €4,019 | - |
| Recurring financial income75 | €0 | - | €26 | - | €4,019 | - |
| Financial charges65/66B | €540 | €1,340 | €1,459 | €1,575 | €1,633 | ▲ 3.7% |
| Recurring financial charges65 | €540 | €1,340 | €1,459 | €1,575 | €1,633 | ▲ 3.7% |
| Profit (loss) for the period before taxes9903 | €125,619 | €83,566 | €99,295 | €95,041 | €47,427 | ▼ 50.1% |
| Income taxes67/77 | €19,962 | €15,162 | €20,575 | €21,709 | €9,972 | ▼ 54.1% |
| Profit (loss) for the period9904 | €105,657 | €68,404 | €78,720 | €73,332 | €37,455 | ▼ 48.9% |
| Profit (loss) for the period to be appropriated9905 | €105,657 | €68,404 | €78,720 | €73,332 | €37,455 | ▼ 48.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €157,215 | €218,435 | €284,111 | €370,867 | €413,316 | ▲ 11.4% |
| Fixed assets21/28 | €18,924 | €63,180 | €51,449 | €36,158 | €31,350 | ▼ 13.3% |
| Intangible fixed assets21 | - | - | €3,282 | €2,482 | €482 | ▼ 80.6% |
| Tangible fixed assets22/27 | €18,924 | €63,180 | €48,166 | €33,676 | €30,868 | ▼ 8.3% |
| Furniture and vehicles24 | €18,924 | €63,180 | €48,166 | €33,676 | €30,868 | ▼ 8.3% |
| Current assets29/58 | €138,291 | €155,255 | €232,662 | €334,709 | €381,966 | ▲ 14.1% |
| Amounts receivable within one year40/41 | €11,335 | €16,963 | €113,042 | €112,784 | €65,217 | ▼ 42.2% |
| Trade receivables40 | €11,335 | €16,953 | €113,032 | €112,774 | €63,974 | ▼ 43.3% |
| Other amounts receivable41 | - | €10 | €10 | €10 | €1,243 | ▲ 12,334% |
| Current investments50/53 | - | - | - | €200,000 | €300,000 | ▲ 50.0% |
| Cash at bank and in hand54/58 | €126,825 | €138,119 | €119,439 | €21,735 | €16,495 | ▼ 24.1% |
| Deferred charges and accrued income490/1 | €131 | €173 | €181 | €190 | €254 | ▲ 33.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €157,215 | €218,435 | €284,111 | €370,867 | €413,316 | ▲ 11.4% |
| Equity10/15 | €81,657 | €138,686 | €217,406 | €290,738 | €40,455 | ▼ 86.1% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €78,657 | €135,686 | €214,406 | €287,738 | €37,455 | ▼ 87.0% |
| Amounts payable17/49 | €75,557 | €79,749 | €66,705 | €80,129 | €372,861 | ▲ 365% |
| Amounts payable after more than one year17 | €10,034 | €31,635 | €28,193 | €25,000 | €39,555 | ▲ 58.2% |
| Financial debts170/4 | €10,034 | €31,635 | €28,193 | €25,000 | €39,555 | ▲ 58.2% |
| Amounts payable within one year42/48 | €65,523 | €47,146 | €37,921 | €53,969 | €331,989 | ▲ 515% |
| Current portion of amounts payable after more than one year42 | €3,356 | €3,399 | €3,442 | €3,193 | €3,787 | ▲ 18.6% |
| Trade debts44 | €777 | €1,719 | €682 | €721 | €6,180 | ▲ 757% |
| Suppliers440/4 | €777 | €1,719 | €682 | €721 | €6,180 | ▲ 757% |
| Taxes, remuneration and social security45 | €27,587 | €33,167 | €30,101 | €45,089 | €26,415 | ▼ 41.4% |
| Taxes450/3 | €27,587 | €33,167 | €30,101 | €45,089 | €26,415 | ▼ 41.4% |
| Other amounts payable47/48 | €33,804 | €8,861 | €3,696 | €4,965 | €295,606 | ▲ 5,854% |
| Accrued charges and deferred income492/3 | - | €967 | €591 | €1,160 | €1,317 | ▲ 13.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €105,657 | €68,404 | €78,720 | €73,332 | €37,455 | ▼ 48.9% |
| + Depreciation and write-downs630 | €444 | €15,121 | €16,896 | €17,202 | €15,905 | ▼ 7.5% |
| Operating cash flow (approximation) | €106,102 | €83,525 | €95,616 | €90,534 | €53,360 | ▼ 41.1% |
| Investment in fixed assets (approximation) | - | -€59,377 | -€5,165 | -€1,911 | -€11,097 | ▼ 481% |
| Change in cash | - | €11,295 | -€18,680 | -€97,704 | -€5,240 | ▲ 94.6% |
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
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
31-12
Financial
Weakest financial yearnet €37,455 ▼48.9%
Net result drops to €37,455, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €200,000Eq €217,406 ▲56.8%
3 profitable years in a row build equity to €217,406.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €100,000Eq €138,686 ▲69.8%
2 profitable years in a row build equity to €138,686.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Schilde · 1 establishment unit since 2020
Ground area
2,844 m²
Building footprint
153 m²
Volume, LiDAR
579 m³
Parcel 11041C0138/00D000, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Fercon
since 20202.311.344.011
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041C0138/00D000 | Flanders | 2,844 m² | 1 · 153 m² | 7.1 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,126 EUR awarded · 1,125 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 195 EUR | 195 EUR |
| 2023 | 1 | 281 EUR | 930 EUR |
| 2022 | 1 | 650 EUR | 0 EUR |
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Of 4,563 companies in sector 74999 we hold annual accounts for 1,935. 1,487 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
Founded24-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
64210Activities of holding companies
85531Driving schools for cars and motorcycles
Contact
E-mail
patrik@ferwerda.be
Scores and ratios are computed by Checked and are not a credit decision.