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FERGO

Active
Public limited companyfounded 1992active for 34 yearsZwaluwenlaan 14, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0447.860.480

From the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FERGO has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168,339 and a net result of -€89,817. Equity has been shrinking by about 22% per year since 2018. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 54% of 11,235 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 03-07-1992 Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
Establishment unit
2.058.512.719 8300 Knokke-Heist, since 19-11-1999
Financial year end
31 December
Peppol
Reachable since 16-12-2025

Board and ownership

Board
  • Cuypers ChristianDirector · since 17-02-2011
  • Granata JessicaDirector · since 17-02-2011

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€14,490
▼ 47.0%
Turnover
≈ €39,000
estimated
Loss
€89,817
▲ 4.5%
Equity
€168,339
▼ 34.8%
Total assets
€472,027
▼ 17.9%
Filed on 02-07-2026, 29 days before the deadlineat the National Bank
Score breakdownraises riskLoss of €89,817, the second in a row (financial year 2025)lowers riskSize: total assets €472,027Figures for financial year 2025 (filed on 02-07-2026)Legal form: public limited companyShow the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 31% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency 61-9
equity 35.7% of total assets
Liquidity 22-9
short-term debt 63.3% · cash 4.4%
Profitability 40-10
return on assets -19.0%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.2%▼ -0.1 percentage points vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%▼ -0.1 percentage points vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%▼ -0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.07 (0.09 in 2024), below 1. Short-term debt is 63.3% and cash 4.4% of total assets. 64.3% 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 68, micro). It does better than 54% of them on solvency, 18% on liquidity, 36% on profitability and 15% on growth.

The bankruptcy probability was computed on 31-10-2026 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 riskneutral
raises risk · Loss of €89,817, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €472,027
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 02-07-2026)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€89,817
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
13 days early
2023
30 days early
2022
20 days early
2021
18 days early
2020
18 days early
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 8 loss-making years in a rowloss in financial year 2025 -€89,817 View
  • Caution: Lower net result than 88% of companies in real estatesector median €10,020 · 11,226 companies -€89,817 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: Equity fell in 2025from €258,156 to €168,339 ▼ 34.8% View

Comparable companies

These companies have the same main activity as FERGO: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €417,000 and €522,000, founded between 1988 and 1994.

CompanyTotal assetsGross margin
FERGO Knokke-Heist€472,027€14,490
NEREDEM Mol€438,318€15,607
NOORD ENGINEERING Essen€416,817€15,406
ALCONSULT Beersel€434,505€15,031
IMMOFRAN Rijkevorsel€521,965€12,167
JO KUPPENS Heusden-Zolder€507,270€11,999
IMMO - BERNAERTS Duffel€514,330€16,598
Full comparison

Documents

Annual accounts at the NBB

All 33 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about FERGO

What is the company number of FERGO?
The company number of FERGO is 0447.860.480. The VAT number is the same number with BE in front: BE 0447.860.480.
Where is FERGO based?
The registered office is at Zwaluwenlaan 14, 8300 Knokke-Heist.Company details
What does FERGO do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of FERGO?
The legal form of FERGO is Public limited company (NV).
When was FERGO founded?
FERGO was founded on 03-07-1992.
Is FERGO still active?
Yes, FERGO is an active enterprise in the KBO register.
What is the turnover of FERGO?
The turnover in financial year 2025 is ≈ €39,000. This figure is estimated from the gross margin of €14,490 and 34 comparable companies (NACE 68201). It probably lies between €26,000 and €62,000. It is a rough estimate.Financials
Is FERGO profitable?
In financial year 2025, FERGO made a loss of €89,817.
Where can I find the annual accounts of FERGO?
FERGO filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of FERGO due?
FERGO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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