FEREL 6

Active

Private limited company (pre-2019)founded 201411 yrs activeMolièrelaan 124, 1190 Vorst, BelgiumKBO/BCE: BE 0567.716.551

Summary

The computed 12-month bankruptcy probability of FEREL 6 is 1.6% (moderate). The 2024 annual accounts show negative equity (€-148k) and a net result of €-223k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 489 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

37 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability12▼-7

Solvency19▼-9

Growth78=

Track record100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.09 against 0.14 in 2023; short-term debt: 6.6% and cash: 0.4% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

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

−lowers risk+raises risk

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

-5.6%

Return on assets

-8.5%

Age of the figures

21 mo

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

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 55

Relative position

BE, all sectors

reference

Sector 55

higher

← fewer bankruptcies more bankruptcies →

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

182021222324

2018 to 2024 · latest year €-148k

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

91 d late

2023

71 d late

2022

6 d early

2021

15 d early

2020

81 d late

2019

81 d late

← before the deadline after the deadline →

Checked, nothing found (1)

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

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-223k▼ 21.1%

2023 · €-184k

2018: €-246k 2020: €-121k 2021: €-166k 2022: €-172k 2023: €-184k

2018 → 2024

Working capital

€-159k▼ 80.4%

2023 · €-88k

2018: €-339k 2020: €-446k 2021: €86k 2022: €-29k 2023: €-88k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-907k-€432k€260k▼ 39.9%€75k▼ 71.0%€-148k

Operating result€-86k-€-124k▼ 44.7%€-132k▼ 6.1%€-111k▲ 16.0%€-152k▼ 37.1%

Net result€-121k-€-166k▼ 36.5%€-172k▼ 3.8%€-184k▼ 7.1%€-223k▼ 21.1%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €152k in 2024 against €111k in 2023; the loss grows and 2024 has the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €2.62M

99.4%

Fixed assets €2.61M ▼ 6.6%

Current assets €16k ▲ 12.1%

Key figures and ratios

2024 value · change against 2023

EBITDA

€32k▼

2023 · €73k

Cash flow

€-39k▼

2023 · €-335

Solvency

-5.6%▼

2023 · 2.7%

Current ratio

0.09▼

2023 · 0.14

Debt to equity

-18.75▼

2023 · 36.18

ROA

-8.5%▼

2023 · -6.6%

Interest coverage

0.45▼

2023 · 1.00

Debt

€2.77M▲

2023 · €2.73M

Debt ≤ 1 year

€174k▲

2023 · €102k

Debt > 1 year

€2.60M▼

2023 · €2.63M

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 · 46 lines

Balance sheet Code20232024

Assets

Total assets20/58€2.81M€2.62M▼

Fixed assets21/28€2.79M€2.61M▼

Tangible fixed assets22/27€2.79M€2.61M▼

Land and buildings22€2.78M€2.60M▼

Furniture and vehicles24€7k€3k▼

Financial fixed assets28€243€0▼

Current assets29/58€14k€16k▲

Amounts receivable within one year40/41€2k€6k▲

Trade receivables40€2k€6k▲

Cash at bank and in hand54/58€12k€10k▼

Deferred charges and accrued income490/1€0-

Equity and liabilities

Total equity and liabilities10/49€2.81M€2.62M▼

Equity10/15€75k€-148k▼

Contributions10/11€19k€19k=

Capital10€19k€19k=

Issued capital100€19k€19k=

Revaluation surpluses12€1.50M€1.50M=

Profit (loss) carried forward14€-1.45M€-1.67M▼

Amounts payable17/49€2.73M€2.77M▲

Amounts payable after more than one year17€2.63M€2.60M▼

Financial debts170/4€1.75M€1.68M▼

Other amounts payable178/9€875k€913k▲

Amounts payable within one year42/48€102k€174k▲

Current portion of amounts payable after more than one year42€67k€69k▲

Trade debts44€32k€46k▲

Suppliers440/4€32k€46k▲

Taxes, remuneration and social security45€2k€6k▲

Taxes450/3€2k€467▼

Remuneration and social security454/9€632€6k▲

Other amounts payable47/48€317€52k▲

Income statement Code20232024

Non-recurring operating income76A-€2k

Remuneration, social security and pensions62€13k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€184k€184k=

Other operating charges640/8€11k€14k▲

Non-recurring operating charges66A€534-

Gross operating margin9900€98k€46k▼

Operating profit (loss)9901€-111k€-152k▼

Financial income75/76B€12€4▼

Recurring financial income75€12€4▼

Financial charges65/66B€73k€71k▼

Recurring financial charges65€73k€71k▼

Profit (loss) for the period before taxes9903€-184k€-223k▼

Profit (loss) for the period9904€-184k€-223k▼

Profit (loss) for the period to be appropriated9905€-184k€-223k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-1.45M€-1.67M▼

Profit (loss) brought forward from the previous period14P€-1.26M€-1.45M▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 2Filings 10

2025

30-10

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 91 days late

2024

10-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 71 days late

2023

25-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

16-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Liquidity times 172current ratio 3.71

Current ratio from 0.02 to 3.71; short-term debt falls from €456k to €32k.

31-12

Financial Equity above €200kEq €432k

Equity rises from €-907k to €432k.

20-10

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 81 days late

2020

20-10

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 81 days late

2019

12-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

22-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

28-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

19-09

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 50 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Vorst

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.

Molièrelaan 1241190 Vorst

Ground area

264 m²

Building footprint

142 m²

Volume, LiDAR

2,204 m³

Parcel 21383B0078/00P004, Brussels · tallest building 20.7 m, ±6 floors. Linked by address, not a title deed.

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21383B0078/00P004	Brussels	264 m²	1 · 142 m²	20.7 m · 6 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

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

Similar companies · same sector, comparable size

Oudenaarde · Eq €75,300

STRANGEWAYS

BE 0647.605.454

Tervuren · Eq €76,872

Of 1,856 companies in sector 55204 we hold annual accounts for 450. 354 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded10-11-2014

Fiscal year end31-12

Activities, NACEBEL 2025

55204Guest rooms (bed and breakfast)

Sources

Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

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