Financials
- Fiscal year
- 2025
- Turnover
- €6.5m
- Profit
- €591,738
- Solvency
- 70.4%
Turnover▲ 1.8%
Net result
20182025
FERMAX BELGIUM
ActiveSummary
FERMAX BELGIUM has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €591,738. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 76% of 6032 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Wholesale of electrical equipment, including installation materials
NACE 46643NACE 46693NACE 51871
#4 employer in Pajottegem, Wholesale and retail trade sector2 sites
Size
€6.5mturnover 2025
- Staff
- 19.9 FTE
- Equity
- €2.2m
- Profit
- €591,738
Structure
- Parent
- Fermax Electronica S.A.U.
- Board
- 3 members
Auditor: Groupe Audit BelgiumAccounts 21 d early
Why 97+ Liquidity: current ratio 3.04, cash €802,754+ Founded in 1991+ Equity €2.2m (70.4% of total assets)+ Profit of €591,738 (FY 2025)Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Better than 73% of its sector peers (NACE 46, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
95-1
equity 70.4% of total assets
Liquidity
72+11
short-term debt 26.7% · cash 26.2%
Profitability
86-12
return on assets 19.3%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● 0.0% vs 11-2024
01-2025: < 0.1%▼ -2.4% vs 12-2024
02-2025: < 0.1%● 0.0% vs 01-2025
03-2025: < 0.1%▲ +7.5% vs 02-2025
04-2025: < 0.1%▼ -2.3% vs 03-2025
05-2025: < 0.1%▲ +2.4% vs 04-2025
06-2025: < 0.1%● 0.0% vs 05-2025
07-2025: < 0.1%▲ +11.6% vs 06-2025highest value
08-2025: < 0.1%▼ -18.8% vs 07-2025
09-2025: < 0.1%● 0.0% vs 08-2025
10-2025: < 0.1%● 0.0% vs 09-2025
11-2025: < 0.1%● 0.0% vs 10-2025
12-2025: < 0.1%● 0.0% vs 11-2025
01-2026: < 0.1%● 0.0% vs 12-2025
02-2026: < 0.1%● 0.0% vs 01-2026
03-2026: < 0.1%▲ +7.7% vs 02-2026
04-2026: < 0.1%▼ -2.4% vs 03-2026
05-2026: < 0.1%▲ +2.4% vs 04-2026
06-2026: < 0.1%● 0.0% vs 05-2026
07-2026: < 0.1%▲ +2.4% vs 06-2026
08-2026: < 0.1%▼ -14.0% vs 07-2026lowest value
09-2026: < 0.1%● 0.0% vs 08-2026lowest value
10-2026: < 0.1%● 0.0% vs 09-2026lowest value
- Liquidity: current ratio 3.04, cash €802,754 lowers the probability
- Founded in 1991 lowers the probability for this profile
- Equity €2.2m (70.4% of total assets) lowers the probability
- Profit of €591,738 (FY 2025) lowers the probability
Credit up to €200,000 at 30 days acceptable
Liquidity ample (current ratio 3.04 against 3.04 in 2024; short-term debt: 26.7% and cash: 26.2% of total assets), and 29.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, small). Better than this share of them on solvency 80%, liquidity 89%, profitability 89%, growth against the median 35%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
22 d early
2023
48 d early
2022
18 d early
2021
47 d early
2020
71 d early
2019
78 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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. Usually files around 9 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
- Resignation: RSM InterAudit BV (statutory auditor)Appointment: GROUPE AUDIT BELGIUM (statutory…
- Annual accounts filedfiscal year 2025 · full…
- Resignation: DAVA MANAGEMENT (gedelegeerde tot het…Permanent representative: VAEREMANS David ·…
Key points
- Positive: Employer in Pajottegem, Wholesale and retail trade sectorin the Checked rankings #4 View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €591,738 8 years View
- Controlled by Fermax Electronica S.A.U. parent View
- Caution: Result fell in 2025from €911,710 to €591,738 ▼ 35.1% View
- A director leftlatest change 31-12-2025 · 3 in office 1 left View
By topic
Board & ownership
- Board
- 3 members
- Parent
- Fermax Electronica S.A.U.
- Auditor
- Groupe Audit Belgium
Go to Board & ownership
Network & group
- Mergers and contributions
- 1
Timeline
- Events
- 29
- Since
- 2004
- Next accounts
- by 31-07-2027
- 03-09-2026Resignation: RSM InterAudit BV (statutory auditor)
- 10-07-2026Annual accounts filed
- 06-02-2026Resignation: DAVA MANAGEMENT (gedelegeerde tot het dagelijks…
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Wholesale of electrical equipment, including installation materialsNACE 46643
- Founded
- 24-06-1991
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- De aan- en verkoop, import en export, de ontwikkeling, fabricatie, installatie, onderhoud…
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