FERGO
ActiveFERGO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168k and a net result of €-90k. Equity is shrinking by ~22% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 54% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-10
Solvency61▼-9
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.07 against 0.09 in 2024; short-term debt: 63.3% and cash: 4.4% of total assets), and 64.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2025Solvency, return and age of the figures
Solvency
35.7%
Return on assets
-19%
Age of the figures
9 mo
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-90k
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 filingsDeviation from the deadline
2025
29 d early
2024
13 d early
2023
30 d early
2022
20 d early
2021
18 d early
2020
18 d early
2019
24 d early
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€168k▼ 34.8%
2024 · €258k
2018: €937k
2019: €823k
2020: €696k
2021: €568k
2022: €459k
2023: €344k
2024: €258k
2018 → 2025
Total assets
€472k▼ 17.9%
2024 · €575k
2018: €1.31M
2019: €1.17M
2020: €1.01M
2021: €896k
2022: €781k
2023: €666k
2024: €575k
2018 → 2025
Net result
€-90k▼ 4.5%
2024 · €-86k
2018: €-133k
2019: €-114k
2020: €-127k
2021: €-128k
2022: €-109k
2023: €-115k
2024: €-86k
2018 → 2025
Working capital
€-278k▼ 6.0%
2024 · €-262k
2018: €-89k
2019: €-113k
2020: €-177k
2021: €-214k
2022: €-233k
2023: €-260k
2024: €-262k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€568k-€459k▼ 19.2%€344k▼ 25.0%€258k▼ 25.0%€168k▼ 34.8%
Operating result€-121k-€-103k▲ 14.8%€-110k▼ 6.7%€-84k▲ 23.6%€-88k▼ 5.2%
Net result€-128k-€-109k▲ 14.8%€-115k▼ 5.5%€-86k▲ 25.3%€-90k▼ 4.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €88k in 2025 against €84k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €472k
Fixed assets
€451k▼ 17.8%
Current assets
€21k▼ 19.4%
Equity and liabilities €472k
Equity
€168k▼ 34.8%
Debt
€304k▼ 4.0%
The debt ratio rises from 55.1% to 64.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€13k▼
2024 · €25k
Cash flow
€11k▼
2024 · €24k
Solvency
35.7%▼
2024 · 44.9%
Current ratio
0.07▼
2024 · 0.09
Quick ratio
0.07▼
2024 · 0.09
Debt / equity
1.80▲
2024 · 1.23
ROE
-53.4%▼
2024 · -33.3%
ROA
-19.0%▼
2024 · -15.0%
Interest coverage
4.83▼
2024 · 6.74
Debt
€304k▼
2024 · €316k
Debt ≤ 1 year
€299k▲
2024 · €288k
Debt > 1 year
€4k▼
2024 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€575k€472k▼
Fixed assets21/28€548k€451k▼
Tangible fixed assets22/27€548k€451k▼
Land and buildings22€548k€451k▼
Current assets29/58€26k€21k▼
Amounts receivable within one year40/41€31€36▲
Other amounts receivable41€31€36▲
Cash at bank and in hand54/58€26k€21k▼
Deferred charges and accrued income490/1€258€282▲
Equity and liabilities
Total equity and liabilities10/49€575k€472k▼
Equity10/15€258k€168k▼
Contributions10/11€1.25M€1.25M=
Capital10€1.25M€1.25M=
Issued capital100€1.25M€1.25M=
Profit (loss) carried forward14€-992k€-1.08M▼
Amounts payable17/49€316k€304k▼
Amounts payable after more than one year17€27k€4k▼
Financial debts170/4€27k€4k▼
Amounts payable within one year42/48€288k€299k▲
Current portion of amounts payable after more than one year42€22k€23k▲
Trade debts44€162€2k▲
Suppliers440/4€162€2k▲
Taxes, remuneration and social security45€160€563▲
Taxes450/3€160€563▲
Other amounts payable47/48€266k€272k▲
Accrued charges and deferred income492/3€875€875=
Income statement
Code20242025
Non-recurring operating income76A€32k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€109k€101k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€27k€14k▼
Operating profit (loss)9901€-84k€-88k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€105€120▲
Non-recurring financial income76B€2k€1k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-86k€-90k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-86k€-90k▼
Profit (loss) for the period to be appropriated9905€-86k€-90k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-992k€-1.08M▼
Profit (loss) brought forward from the previous period14P€-906k€-992k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
NBB filing
Directors · office · real estate
Directors
6 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, Knokke-Heist · 1 establishment unit since 1999
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.
Zwaluwenlaan 148300 Knokke-HeistGround area
945 m²
Building footprint
445 m²
Volume, LiDAR
6,392 m³
Parcel 31013A0161/00A000, Flanders · tallest building 24.9 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
FERGO
since 19992.058.512.719
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013A0161/00A000indicative | Flanders | 945 m² | 1 · 445 m² | 24.9 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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JOKEMI
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IMMOBILIERE D'OSSOGNE
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Imowi
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B.S.P. HARZÉ
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Of 9,133 companies in sector 68201 we hold annual accounts for 6,762. 4,694 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-07-1992
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.