FERMENT
The computed 12-month bankruptcy probability of FERMENT is 1.6% (moderate). The 2025 annual accounts show equity of €107k and a net result of €7k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 62% of 158 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €107k |
| Net result | €7k |
| Staff (FTE) | 9.4 |
| Better than sector | 62% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 42.2% | 32.3% | |
| Net result | €7k | €18k | |
| Equity | €107k | €103k | |
| Gross operating margin | €621k | €312k | |
| Staff costs | €568k | €232k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €53k | €71k | €35k | €34k |
| Net profit | €7k | €31k | €3k | €6k |
| Cash flow | €34k | €54k | €25k | €25k |
| Staff costs | €568k | €511k | €564k | €448k |
| Income taxes | €9k | €14k | €7k | €3k |
| Dividends | - | €35k | - | €40k |
| Total assets | €254k | €326k | €296k | €282k |
| Equity | €107k | €100k | €103k | €100k |
| Debt | €147k | €226k | €193k | €182k |
| of which ≤ 1y | €134k | €190k | €181k | €142k |
| of which > 1y | - | - | - | - |
| Working capital | €40k | €68k | €54k | €76k |
| Employees (FTE) | 9.4 | 9.4 | 9.8 | 10.2 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.30 | 1.36 | 1.30 | 1.54 |
| Quick ratio | 0.77 | 1.08 | 1.10 | 1.23 |
| Working capital ratio | 15.9% | 20.8% | 18.3% | 27.0% |
| Solvency | 42.2% | 30.6% | 34.9% | 35.4% |
| Debt / equity | 1.37 | 2.26 | 1.87 | 1.82 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | 5.33 | 24.25 | 9.31 | 5.87 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 2.8% | 9.6% | 1.1% | 2.1% |
| ROE | 6.7% | 31.4% | 3.2% | 5.8% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €254k | €326k | €296k | €282k |
| Fixed assets | 21/28 | €79k | €68k | €61k | €64k |
| Intangible fixed assets | 21 | - | - | - | €329 |
| Tangible fixed assets | 22/27 | €79k | €68k | €61k | €64k |
| Current assets | 29/58 | €175k | €258k | €236k | €218k |
| Stocks & contracts in progress | 3 | €71k | €52k | €36k | €44k |
| Amounts receivable within one year | 40/41 | €31k | €61k | €44k | €123k |
| Cash & bank | 54/58 | €44k | €73k | €90k | €3k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €254k | €326k | €296k | €282k |
| Equity | 10/15 | €107k | €100k | €103k | €100k |
| Contributions / capital | 10/11 | €100k | €100k | €100k | €100k |
| Accumulated profits (losses) | 14 | €7k | - | €3k | - |
| Amounts payable | 17/49 | €147k | €226k | €193k | €182k |
| Amounts payable within one year | 42/48 | €134k | €190k | €181k | €142k |
| Trade debts payable within one year | 44 | €49k | €67k | €101k | €42k |
| Income statement | |||||
| Gross operating margin | 9900 | €621k | €583k | €600k | €485k |
| Operating result | 9901 | €26k | €48k | €14k | €15k |
| Financial income | 75 | €3 | - | €94 | - |
| Financial charges | 65 | €10k | €3k | €4k | €6k |
| Result before taxes | 9903 | €16k | €46k | €10k | €9k |
| Income taxes | 67/77 | €9k | €14k | €7k | €3k |
| Net result for the period | 9904 | €7k | €31k | €3k | €6k |
| Result to be appropriated | 9905 | €7k | €31k | €3k | €6k |
-
Current08-08-2022 → present
3 events
- 08-08-2022 Resigned· Director
- 08-08-2022 Appointed· Director
- 23-09-2020 Appointed· Director
-
Current08-08-2022 → present
2 events
- 08-08-2022 Resigned· Director
- 08-08-2022 Appointed· Director
Permanent representatives (1)
-
Permanent representative08-08-2022 → present
Former directors (1)
-
Former- → 01-10-2021
| NACE primary | Full-service restaurants(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 30-03-2018 |
| Status | Active |
| Postal code | 1755 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23024E0804/00S003 | Flanders | 5,771 m² | 1 · 996 m² | 9.9 m · 1 fl. |
| 23072E0245/00G000 | Flanders | 533 m² | 1 · 338 m² | 9.1 m · 2 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
31-10-2025 Change in the board of directors
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0693.795.864",
"name_full": "FERMENT",
"legal_form": "BV"
}
}08-08-2022 3 directors appointed, 2 resigning
- DEHANDSCHUTTER Liesa, Bestuurder
- KREFAM, Bestuurder
- DEHANDSCHUTTER Frank, Vaste vertegenwoordiger
- DEHANDSCHUTTER Liesa, Bestuurder
- KREFAM, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "DEHANDSCHUTTER Liesa",
"address": null,
"birth_date": null
},
"evidence_quote": "De algemene vergadering besluit de huidige \u201Czaakvoerders\u201D, te weten, \u2022 Mevrouw DEHANDSCHUTTER Liesa, voornoemd, ... ontslag te geven uit hun functie, ze besluit vervolgens tussentijdse kwijting te verlenen voor de uitoefening van het mandaat tot op heden",
"discharge_granted": true
},
{
"kind": "director_out",
"role": "bestuurder",
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"name": "KREFAM",
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"birth_date": null
},
"evidence_quote": "De algemene vergadering besluit de huidige \u201Czaakvoerders\u201D, te weten, ... \u2022 \u0022KREFAM\u0022, besloten vennootschap, voornoemd, ... ontslag te geven uit hun functie, ze besluit vervolgens tussentijdse kwijting te verlenen voor de uitoefening van het mandaat tot op heden",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "DEHANDSCHUTTER Liesa",
"address": null,
"birth_date": null
},
"evidence_quote": "gaat onmiddellijk over tot benoeming als niet-statutair bestuurders: - Mevrouw DEHANDSCHUTTER Liesa, voornoemd, ... Deze bestuurders, hier aanwezig, aanvaarden dit mandaat"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "KREFAM",
"address": null,
"birth_date": null
},
"evidence_quote": "gaat onmiddellijk over tot benoeming als niet-statutair bestuurders: ... - KREFAM, Besloten vennootschap, ... Deze bestuurders, hier aanwezig, aanvaarden dit mandaat"
},
{
"kind": "director_in",
"role": "vaste_vertegenwoordiger",
"person": {
"rrn": null,
"name": "DEHANDSCHUTTER Frank",
"address": null,
"birth_date": null
},
"evidence_quote": "Voor zoveel als nodig verklaart de algemene vergadering de heer DEHANDSCHUTTER Frank, voornoemd, aan te stellen als vaste vertegenwoordiger van KREFAM, besloten vennootschap, ... dewelke een bestuursfunctie bekleedt in huidige vennootschap."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0693.795.864",
"name_full": "FERMENT",
"legal_form": "BV"
}
}09-11-2021 Badts Albert resigns as director
- Badts Albert, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Badts Albert",
"address": null,
"birth_date": null
},
"effective_date": "2021-10-01",
"evidence_quote": "De algemene vergadering beslist om het mandaat van de volgende bestuurder in te trekken met ingang vanaf 1 oktober 2021: Badts Albert, woonachtig te 1760 Roosdaal - Gasthuisstraat 16, geboren te Ninove op 6 december 1990. Voor het mandaat van deze bestuurder wordt kwijting gegeven.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0693.795.864",
"name_full": "FERMENT",
"legal_form": "BV"
}
}01-12-2020 Dehandschutter Liesa appointed as director
- Dehandschutter Liesa, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Dehandschutter Liesa",
"address": null,
"birth_date": null
},
"effective_date": "2020-09-23",
"evidence_quote": "De algemene vergadering beslist om volgende persoon te benoemen tot bestuurder: Dehandschutter Liesa, wonende te Letterbeekstraat 51, 1755 Gooik, met ingang vanaf 23/09/2020."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0693.795.864",
"name_full": "FERMENT",
"legal_form": "BVBA"
}
}04-04-2018 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Drie Egyptenbaan 11, 1755 Gooik",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1990-12-06",
"name": "BADTS Albert",
"niss": null,
"address": "Gasthuisstraat 16, 1760 Roosdaal"
},
"share_class": "Stemrecht",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 20000,
"holder_person_name": "BADTS Albert",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 50000,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": "0445.629.579",
"name": "KREFAM"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Stemrecht",
"partner_role": null,
"holder_org_kbo": "0445.629.579",
"holder_org_name": "KREFAM",
"contribution_type": "cash",
"amount_paid_in_eur": 20000,
"holder_person_name": null,
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 50000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 100000,
"subject_company": {
"kbo": "0693.795.864",
"name_full": "FERMENT",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2018-03-30",
"post_incorporation_mandates": []
}| Legal nameNL | FERMENT |