FERMOD
Annual accounts 2025
full format, filed on 31-08-2026, 31 days lateThe turnover shown is an estimate from the gross margin.
Turnover ≈ €640,000. Estimated: probably between €300,000 and €1.1m.
Money flows
no detail for 2025Balance sheet
balance sheet total €3.0m on 31-12-2025in euro
in euro
Position in the sector
29.9%
Higher than 33% of 6,192 companies in 2025.
1.43
Higher than 36% of 6,112 companies in 2025.
2.9%
Higher than 47% of 6,176 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
3.0m | 2.1m | 2.3m | 2.5m | 2.5m | 2.6m | 3.3m | 2.6m | 2.4m | 2.3m | 1.9m | 1.6m | 1.5m | 680,484 | 730,786 | 562,582 | 665,020 | 509,697 | 579,336 | |
21/28 |
- | - | - | - | - | - | - | - | - | 101 | 306 | 511 | 852 | - | - | - | - | - | 60 | |
22/27 |
- | - | - | - | - | - | - | - | - | 101 | 306 | 511 | 852 | - | - | - | - | - | 60 | |
26 |
- | - | - | - | - | - | - | - | - | 101 | 306 | 511 | 852 | - | - | - | - | - | 60 | |
29/58 |
3.0m | 2.1m | 2.3m | 2.5m | 2.5m | 2.6m | 3.3m | 2.6m | 2.4m | 2.3m | 1.9m | 1.6m | 1.5m | 680,484 | 730,786 | 562,582 | 665,020 | 509,697 | 579,276 | |
3 |
1.6m | 1.0m | 1.4m | 1.3m | 1.4m | 1.6m | 1.8m | 1.6m | 1.4m | 1.4m | 1.0m | 998,811 | 923,984 | 421,415 | 428,338 | 310,258 | 353,699 | 254,771 | 260,249 | |
30/36 |
1.6m | 1.0m | 1.4m | 1.3m | 1.4m | 1.6m | 1.8m | 1.6m | 1.4m | 1.4m | 1.0m | 998,811 | 923,984 | 421,415 | 428,338 | 310,258 | 353,699 | 254,771 | 260,249 | |
34 |
- | - | - | - | - | - | - | - | - | - | - | - | 923,984 | - | - | - | - | - | - | |
40/41 |
1.4m | 1.0m | 922,547 | 1.0m | 956,166 | 833,037 | 1.3m | 903,693 | 804,324 | 755,148 | 781,114 | 614,777 | 532,355 | 258,034 | 300,190 | 251,313 | 304,011 | 252,489 | 314,075 | |
40 |
1.3m | 466,643 | 559,658 | 1.0m | 956,166 | 828,107 | 1.2m | 903,693 | 804,324 | 740,610 | 781,114 | 614,765 | 531,097 | 254,786 | 300,190 | 251,033 | 295,011 | 236,726 | 280,010 | |
41 |
39,176 | 578,034 | 362,889 | - | 0 | 4,929 | 56,620 | - | - | 14,538 | - | 12 | 1,258 | 3,248 | - | 280 | 9,000 | 15,763 | 34,065 | |
54/58 |
3,737 | 0 | 1,784 | - | - | 0 | 48 | 4,651 | 5 | 77 | 40 | 12 | - | - | 79 | 79 | 1,604 | 1,578 | 934 | |
490/1 |
0 | 1,650 | 5,811 | 136,746 | 143,676 | 139,445 | 124,176 | 119,821 | 112,423 | 108,616 | 88,425 | 1,232 | 1,453 | 1,035 | 2,179 | 932 | 5,706 | 859 | 4,017 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
3.0m | 2.1m | 2.3m | 2.5m | 2.5m | 2.6m | 3.3m | 2.6m | 2.4m | 2.3m | 1.9m | 1.6m | 1.5m | 680,484 | 730,786 | 562,582 | 665,020 | 509,697 | 579,336 | |
10/15 |
882,898 | 875,763 | 843,431 | 806,532 | 781,478 | 674,208 | 640,790 | 591,614 | 525,157 | 458,457 | 375,785 | 336,126 | 312,321 | 308,082 | 305,393 | 303,447 | 297,730 | 293,772 | 265,227 | |
10/11 |
61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
10 |
61,500 | 61,500 | 61,500 | 61,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
821,398 | 814,263 | 781,931 | 745,032 | 719,978 | 612,708 | 579,290 | 573,014 | 506,557 | 439,857 | 357,185 | 317,526 | 293,721 | 289,482 | 286,793 | 284,847 | 279,130 | 275,172 | 246,627 | |
130/1 |
6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
133 |
815,248 | 808,113 | 775,781 | 738,882 | 713,828 | 606,558 | 573,140 | 571,154 | 504,697 | 437,997 | 355,325 | 315,666 | 291,861 | 287,622 | 284,933 | 282,987 | 277,270 | 273,312 | 244,767 | |
14 |
0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
2.1m | 1.2m | 1.5m | 1.6m | 1.7m | 1.9m | 2.6m | 2.0m | 1.8m | 1.8m | 1.5m | 1.3m | 1.1m | 372,402 | 425,393 | 259,135 | 367,290 | 215,925 | 314,108 | |
42/48 |
2.1m | 1.2m | 1.5m | 1.6m | 1.7m | 1.9m | 2.6m | 2.0m | 1.8m | 1.8m | 1.5m | 1.3m | 1.1m | 372,361 | 423,654 | 257,797 | 366,299 | 215,890 | 313,630 | |
43 |
- | 0 | 8,459 | 17,518 | 0 | 16,695 | 66,712 | 40,000 | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
- | 0 | 8,459 | 17,518 | 0 | 16,695 | 66,712 | 40,000 | - | - | - | - | - | - | - | - | - | - | - | |
44 |
1.8m | 957,302 | 1.1m | 631,993 | 882,366 | 639,993 | 1.4m | 1.6m | 355,597 | 477,524 | 561,727 | 417,074 | 1.0m | 102,952 | 193,291 | 87,854 | 172,500 | 62,266 | 78,578 | |
440/4 |
1.8m | 957,302 | 1.1m | 631,993 | 882,366 | 639,993 | 1.4m | 1.6m | 355,597 | 477,524 | 561,727 | 417,074 | 1.0m | 102,952 | 193,291 | 87,854 | 172,500 | 62,266 | 78,578 | |
46 |
112,721 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
30,535 | 36,640 | 29,448 | 53,211 | 20,566 | 57,355 | 13 | 3,482 | 4,689 | 87,143 | 28,753 | 26,549 | 6,603 | 22,318 | 27,696 | 24,184 | 28,404 | 34,934 | 22,644 | |
450/3 |
30,535 | 36,640 | 29,448 | 53,211 | 20,566 | 57,355 | 13 | 3,482 | 4,689 | 87,143 | 28,753 | 26,549 | 6,603 | 22,318 | 27,696 | 24,184 | 28,404 | 34,934 | 21,668 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 975 | |
47/48 |
80,000 | 225,000 | 331,500 | 945,817 | 798,084 | 1.2m | 1.2m | 371,276 | 1.5m | 1.2m | 918,498 | 835,594 | 122,392 | 247,091 | 202,667 | 145,759 | 165,395 | 118,690 | 212,409 | |
492/3 |
- | - | - | - | - | - | - | 25 | - | - | - | - | 1,700 | 41 | 1,739 | 1,338 | 991 | 35 | 478 | |
| Income statement | ||||||||||||||||||||
70/76A |
- | - | - | - | - | - | - | - | - | - | - | - | 3.8m | - | - | - | - | - | - | |
70 |
- | - | - | - | - | - | - | - | - | - | - | - | 3.7m | - | - | - | - | - | - | |
9900 |
124,313 | 346,535 | 470,506 | 679,330 | 341,573 | 261,263 | 247,473 | 418,563 | 428,462 | 416,319 | 338,723 | 217,128 | - | 85,255 | 102,651 | 112,615 | 93,736 | 112,703 | 109,979 | |
60/66A |
- | - | - | - | - | - | - | - | - | - | - | - | 3.7m | - | - | - | - | - | - | |
60 |
- | - | - | - | - | - | - | - | - | - | - | - | 2.8m | - | - | - | - | - | - | |
600/8 |
- | - | - | - | - | - | - | - | - | - | - | - | 3.3m | - | - | - | - | - | - | |
609 |
- | - | - | - | - | - | - | - | - | - | - | - | -502,569 | - | - | - | - | - | - | |
61 |
- | - | - | - | - | - | - | - | - | - | - | - | 867,711 | - | - | - | - | - | - | |
630 |
- | - | - | - | - | - | - | - | 101 | 205 | 205 | 341 | 173 | - | - | - | - | 60 | 269 | |
631/4 |
2,095 | 5,505 | -25,573 | 9,991 | -19,686 | -11,270 | - | - | - | - | - | - | - | - | - | - | - | -17,907 | 17,907 | |
640/8 |
4,010 | 1,094 | 19,108 | 982 | 1,079 | 4,114 | 2,849 | 4,143 | 4,022 | 4,230 | 4,858 | 6,201 | 2,417 | 2,112 | 5,033 | 556 | 577 | 1,051 | 1,315 | |
9901 |
118,209 | 339,936 | 476,971 | 668,357 | 360,180 | 268,419 | 244,624 | 414,419 | 424,339 | 411,884 | 333,660 | 210,586 | 96,834 | 83,143 | 97,618 | 112,059 | 93,159 | 129,500 | 90,488 | |
75/76B |
14,038 | 21,324 | 38,181 | 5,626 | 6,529 | 4,883 | 4,099 | 1,702 | 844 | 1,426 | 958 | 4,835 | 5,463 | 13,589 | 10,499 | 1,125 | 12,256 | 5,837 | 5,478 | |
75 |
14,038 | 21,324 | 38,181 | 5,626 | 6,529 | 4,883 | 4,099 | 1,702 | 844 | 1,426 | 958 | 4,835 | 5,463 | 13,589 | 10,499 | 1,125 | 12,256 | 5,837 | 5,478 | |
751 |
- | - | - | - | - | - | - | - | - | - | - | - | 2,558 | - | - | - | - | - | - | |
752/9 |
- | - | - | - | - | - | - | - | - | - | - | - | 2,905 | - | - | - | - | - | - | |
65/66B |
14,401 | 17,548 | 23,952 | 26,838 | 48,677 | 92,541 | 65,806 | 51,182 | 58,794 | 37,624 | 37,944 | 40,648 | 24,316 | 22,292 | 15,666 | 15,376 | 11,160 | 11,593 | 18,766 | |
65 |
14,401 | 17,548 | 23,952 | 26,838 | 48,677 | 92,541 | 65,806 | 51,182 | 58,794 | 37,624 | 37,944 | 40,648 | 24,316 | 22,292 | 15,666 | 15,376 | 11,160 | 11,593 | 18,766 | |
650 |
- | - | - | - | - | - | - | - | - | - | - | - | 7,398 | - | - | - | - | - | - | |
652/9 |
- | - | - | - | - | - | - | - | - | - | - | - | 16,918 | - | - | - | - | - | - | |
9903 |
117,846 | 343,713 | 491,200 | 647,145 | 318,031 | 180,760 | 182,916 | 364,939 | 366,389 | 375,685 | 296,673 | 174,773 | 77,981 | 74,440 | 92,451 | 97,808 | 94,255 | 123,744 | 77,200 | |
67/77 |
30,710 | 86,381 | 122,800 | 122,092 | 120,761 | 57,342 | 43,740 | 123,482 | 124,689 | 126,513 | 97,263 | 55,968 | 23,742 | 21,752 | 27,505 | 29,091 | 27,297 | 38,199 | 22,698 | |
670/3 |
- | - | - | - | - | - | - | - | - | - | - | - | 23,742 | - | - | - | - | - | - | |
9904 |
87,136 | 257,331 | 368,400 | 525,053 | 197,270 | 123,418 | 139,176 | 241,457 | 241,700 | 249,172 | 199,410 | 118,805 | 54,239 | 52,688 | 64,946 | 68,717 | 66,958 | 85,545 | 54,502 | |
9905 |
87,136 | 257,331 | 368,400 | 525,053 | 197,270 | 123,418 | 139,176 | 241,457 | 241,700 | 249,172 | 199,410 | 118,805 | 54,239 | 52,688 | 64,946 | 68,717 | 66,958 | 85,545 | 54,502 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
87,136 | 257,331 | 368,400 | 525,053 | 197,270 | 123,418 | 139,176 | 241,457 | 241,700 | 249,172 | 199,410 | 118,805 | 54,239 | 52,688 | 64,946 | 68,717 | 66,958 | 85,545 | 54,502 | |
691/2 |
7,136 | 32,331 | 36,900 | 25,053 | 107,270 | 33,418 | 49,176 | 66,457 | 66,700 | 82,672 | 39,660 | 23,805 | 4,239 | 2,688 | 1,946 | 5,717 | 3,958 | 28,545 | 502 | |
6920 |
- | - | - | - | - | 0 | 4,290 | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
7,136 | 32,331 | 36,900 | 25,053 | 107,270 | 33,418 | 44,886 | 66,457 | 66,700 | 82,672 | 39,660 | 23,805 | 4,239 | 2,688 | 1,946 | 5,717 | 3,958 | 28,545 | 502 | |
694/7 |
80,000 | 225,000 | 331,500 | 500,000 | 90,000 | 90,000 | 90,000 | 175,000 | 175,000 | 166,500 | 159,750 | 95,000 | 50,000 | 50,000 | 63,000 | 63,000 | 63,000 | 57,000 | 54,000 | |
694 |
80,000 | 225,000 | 331,500 | 500,000 | 90,000 | 90,000 | 90,000 | 175,000 | 175,000 | 166,500 | 159,750 | 95,000 | 50,000 | 50,000 | 63,000 | 63,000 | 63,000 | 57,000 | 54,000 | |
| Document | ||||||||||||||||||||
The accounts for 17 older financial years (1990-2006) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00498271.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 31-08-2026 | 2026-00498271 | |
| 31-12-2024 | abbreviated format | 22-07-2025 | 2025-00299085 | |
| 31-12-2023 | abbreviated format | 26-07-2024 | 2024-00297306 | |
| 30-09-2022 | abbreviated format | 31-03-2023 | 2023-00052452 | |
| 30-09-2021 | abbreviated format | 31-03-2022 | 2022-09600393 | |
| 30-09-2020 | abbreviated format | 30-03-2021 | 2021-08900556 | |
| 30-09-2019 | abbreviated format | 02-04-2020 | 2020-08400171 | |
| 30-09-2018 | abbreviated format | 02-04-2019 | 2019-09000266 | |
| 30-09-2017 | abbreviated format | 28-03-2018 | 2018-08200430 | |
| 30-09-2016 | abbreviated format | 31-03-2017 | 2017-08400425 | |
| 30-09-2015 | abbreviated format | 25-08-2016 | 2016-47400447 | |
| 30-09-2014 | abbreviated format | 18-03-2015 | 2015-06600342 | |
| 30-09-2013 | full format | 04-03-2014 | 2014-05900547 | |
| 30-09-2012 | abbreviated format | 18-03-2013 | 2013-06600148 | |
| 30-09-2011 | abbreviated format | 16-03-2012 | 2012-06400274 | |
| 30-09-2010 | abbreviated format | 15-03-2011 | 2011-05900236 | |
| 30-09-2009 | abbreviated format | 22-03-2010 | 2010-07200072 | |
| 30-09-2008 | abbreviated format | 13-03-2009 | 2009-07700023 | |
| 30-09-2007 | abbreviated format | 17-03-2008 | 2008-07300169 | |
| 30-09-2006 | abbreviated format | 15-03-2007 | 2007-07601242 | |
| 30-09-2005 | abbreviated format | 09-03-2006 | 2006-06703979 | |
| 30-09-2004 | abbreviated format | 16-03-2005 | 2005-07704040 | |
| 30-09-2003 | abbreviated format | 11-03-2004 | 2004-07004710 | |
| 30-09-2002 | abbreviated format | 30-04-2003 | 2003-12503925 | |
| 30-09-2001 | abbreviated format | 21-03-2002 | 2002-07300439 | |
| 30-09-2000 | abbreviated format | 19-03-2001 | 2001-06803516 | |
| 30-09-1999 | abbreviated format | 05-04-2000 | 2000-09000739 | |
| 30-09-1998 | abbreviated format | 31-03-1999 | 1999-06800333 | |
| 30-09-1997 | abbreviated format | 23-03-1998 | 1998-05002586 | |
| 30-09-1996 | abbreviated format | 24-03-1997 | 1997-04100087 | |
| 30-09-1995 | abbreviated format | 22-02-1996 | 1996-03000580 | |
| 30-09-1994 | abbreviated format | 28-04-1995 | 1995-06701670 | |
| 30-09-1993 | abbreviated format | 09-03-1994 | 1994-03602657 | |
| 30-09-1992 | abbreviated format | 12-03-1993 | 1993-03502223 | |
| 30-09-1991 | abbreviated format | 23-03-1992 | 1992-03103047 | |
| 30-09-1990 | abbreviated format | 11-03-1991 | 1991-02501640 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | 424,440 | 412,089 | 333,865 | 210,927 | 97,007 | - | - | - | - | 129,560 | 90,757 | ||
| - | - | - | - | - | - | - | - | 241,801 | 249,377 | 199,615 | 119,146 | 54,412 | - | - | - | - | 85,605 | 54,771 | ||
| - | - | - | - | - | 0 | - | - | 0 | 0 | -0 | 0 | 1,025 | - | - | - | - | 0 | - | ||
| 3,737 | -1,784 | - | - | - | -48 | -4,603 | 4,646 | -71 | 37 | 28 | - | - | - | 0 | -1,525 | 26 | 644 | - | ||
| 882,898 | 875,763 | 843,431 | 806,532 | 781,478 | 674,208 | 640,790 | 591,639 | 525,157 | 458,356 | 375,479 | 335,615 | 313,169 | 308,123 | 307,132 | 304,785 | 298,721 | 293,806 | 265,646 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | 2.6% | - | - | - | - | - | - | ||
| 29.9% | 41.8% | 36.6% | 32.9% | 31.5% | 25.8% | 19.6% | 22.5% | 22.2% | 20.2% | 19.9% | 20.8% | 21.4% | 45.3% | 41.8% | 53.9% | 44.8% | 57.6% | 45.8% | ||
| 1.43 | 1.72 | 1.58 | 1.49 | 1.46 | 1.35 | 1.24 | 1.29 | 1.29 | 1.25 | 1.25 | 1.26 | 1.27 | 1.83 | 1.72 | 2.18 | 1.82 | 2.36 | 1.85 | ||
| 0.67 | 0.86 | 0.64 | 0.71 | 0.65 | 0.50 | 0.54 | 0.50 | 0.50 | 0.48 | 0.58 | 0.48 | 0.47 | 0.70 | 0.71 | 0.98 | 0.85 | 1.18 | 1.02 | ||
| 2.35 | 1.39 | 1.73 | 2.04 | 2.18 | 2.87 | 4.09 | 3.44 | 3.50 | 3.94 | 4.02 | 3.81 | 3.67 | 1.21 | 1.39 | 0.85 | 1.23 | 0.74 | 1.18 | ||
| 9.9% | 29.4% | 43.7% | 65.1% | 25.2% | 18.3% | 21.7% | 40.8% | 46.0% | 54.4% | 53.1% | 35.3% | 17.4% | 17.1% | 21.3% | 22.6% | 22.5% | 29.1% | 20.5% | ||
| 2.9% | 12.3% | 16.0% | 21.4% | 7.9% | 4.7% | 4.3% | 9.2% | 10.2% | 11.0% | 10.6% | 7.4% | 3.7% | 7.7% | 8.9% | 12.2% | 10.1% | 16.8% | 9.4% | ||
| - | - | - | - | - | - | - | - | - | - | - | - | 13.11 | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | 52 days | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | 101 days | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on FERMOD
The operating result for 2025 is 65% lower than in 2024 and the lowest since 2013. It is the third fall in a row.
Debt's share of the balance-sheet total rises from 58.2% to 70.1%. Equity and debt are higher.
- 2025 Net result -66% on 2024. The accounts now follow the full format, last year the abbreviated format.