FERLAM
ActiveFERLAM has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.26M and a net result of €14k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 89% of 4807 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 0.8 in 2023; short-term debt: 5% and cash: 6.4% of total assets), and 10.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
89.8%
Return on assets
1%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
89 d early
2022
59 d early
2021
80 d early
2020
50 d early
2019
49 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14k▼ 25.2%
2023 · €18k
2018: €3k
2019: €3k
2020: €3k
2021: €5k
2022: €6k
2023: €18k
2018 → 2024
Working capital
€24k
2023 · €-31k
2018: €69k
2019: €74k
2020: €79k
2022: €34k
2023: €-31k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€88k-€93k▲ 5.6%€98k▲ 6.2%€1.24M▲ 1,166%€1.26M▲ 1.1%
Operating result€5k-€7k▲ 41.7%€7k▼ 3.0%€34k▲ 368%€21k▼ 36.8%
Net result€3k-€5k▲ 79.9%€6k▲ 16.9%€18k▲ 214%€14k▼ 25.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 37% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.40M
Fixed assets
€1.31M▼ 7.9%
Current assets
€94k▼ 25.7%
Equity and liabilities €1.40M
Equity
€1.26M▲ 1.1%
Debt
€142k▼ 52.7%
The debt ratio falls from 19.4% to 10.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€134k▼
2023 · €146k
Cash flow
€126k▼
2023 · €131k
Solvency
89.8%▲
2023 · 80.6%
Current ratio
1.34▲
2023 · 0.80
Quick ratio
1.34▲
2023 · 0.80
Debt / equity
0.11▼
2023 · 0.24
ROE
1.1%▼
2023 · 1.5%
ROA
1.0%▼
2023 · 1.2%
Interest coverage
19.56▲
2023 · 16.18
Debt
€142k▼
2023 · €301k
Debt ≤ 1 year
€70k▼
2023 · €157k
Debt > 1 year
€72k▼
2023 · €143k
Income taxes
€5k▼
2023 · €7k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.55M€1.40M▼
Fixed assets21/28€1.42M€1.31M▼
Tangible fixed assets22/27€1.42M€1.31M▼
Land and buildings22€1.42M€1.31M▼
Current assets29/58€126k€94k▼
Amounts receivable within one year40/41-€5k
Other amounts receivable41-€5k
Cash at bank and in hand54/58€126k€89k▼
Equity and liabilities
Total equity and liabilities10/49€1.55M€1.40M▼
Equity10/15€1.24M€1.26M▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€273k€273k=
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Tax-exempt reserves132€1k€1k=
Distributable reserves133€260k€260k=
Profit (loss) carried forward14€872k€885k▲
Amounts payable17/49€301k€142k▼
Amounts payable after more than one year17€143k€72k▼
Financial debts170/4€143k€72k▼
Amounts payable within one year42/48€157k€70k▼
Current portion of amounts payable after more than one year42€110k€63k▼
Taxes, remuneration and social security45€7k€7k=
Taxes450/3€7k€7k=
Other amounts payable47/48€41k€625▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€112k€112k=
Other operating charges640/8€3k€16k▲
Gross operating margin9900€149k€150k▲
Operating profit (loss)9901€34k€21k▼
Financial income75/76B€76€4k▲
Recurring financial income75€76€4k▲
Financial charges65/66B€9k€7k▼
Recurring financial charges65€9k€7k▼
Profit (loss) for the period before taxes9903€25k€18k▼
Income taxes67/77€7k€5k▼
Profit (loss) for the period9904€18k€14k▼
Profit (loss) for the period to be appropriated9905€18k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€872k€885k▲
Profit (loss) brought forward from the previous period14P€853k€872k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
03-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €18k ▲214%
Operating result €34k, net result €18k, both a record.
31-12
Financial
Equity above €1MEq €1.24M ▲1166%
6 profitable years in a row build equity to €1.24M.
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €3k ▼7.2%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 13current ratio 534.36
Current ratio from 40.46 to 534.36; short-term debt falls from €2k to €148.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 17 days late
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Oupeye · 1 establishment unit since 1975
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.
Rue d'Argenteau 154681 OupeyeGround area
349 m²
Building footprint
71 m²
Volume, LiDAR
516 m³
2 parcels, Wallonia · tallest building 8.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Résistance 26, 4681 Oupeye
since 19752.038.185.378
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62049A0774/00C002 | Wallonia | 308 m² | 1 · 71 m² | 8.8 m · 3 fl. |
| 62049A1205/00W000 | Wallonia | 41 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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LS REAL ESTATE
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Of 12,014 companies in sector 68203 we hold annual accounts for 5,981. 3,976 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-06-1975
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.