Skip to content

FERN

Active Limited partnershipfounded 2023active for 3 yearsVan Volxemlaan 264, 1190 ForestKBO/BCE: BE 0800.571.088

Lifetime

2 annual accounts with figures on one time axis
peak €41,264 (2024)
€41,264▲ 103%
peak €32,959 (2024)
€32,959▲ 107%
peak €45,865 (2024)
€45,865▲ 188%
€10,801▲ 58.2%
Board1 name since 2023
1 directorMatthias Medaer
Documentsfilings and deeds
23-07-20258 days before the deadline
2024micro format
Gross margin from €20,278 to €41,264Result from €15,907 to €32,959Equity from €15,907 to €45,865Debts from €6,828 to €10,801Cash from €20,698 to €34,373

Key points

from the 2024 annual accounts

Turnover

≈ €120,000 estimated

The micro format states no turnover.

Liquidity

5.25 was 3.33 in 2023

Short-term debts rose from €6,828 to €10,801.

2025 accounts not filed, 101 days past the deadline

Checked score

58
Fair
Financially stronger than 88% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value

Financial strength
Strong

100+5equity 80.9% of total assets
94+7short-term debt 19.1% · cash 60.7%
100=return on assets 58.2%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 31-07-2025)
Founded in 2023
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 5.25, cash €34,373
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 88% on liquidity, 84% on profitability and 94% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as FERN has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of FERN itself is lower: 0.1% within 12 months. It rests on far more data about FERN than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for FERN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €2,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is ample, with a current ratio of 5.25 (3.33 in 2023), above the usual 1.5. Short-term debt is 19.1% and cash 60.7% of total assets. 19.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Figures for financial year 2024 (filed on 31-07-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 5.25, cash €34,373
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
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 23-07-2025, 8 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
8 days early
2023
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 12 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Board and ownership

MM
Manager
  • Matthias Medaer general partnerdeed of 12-04-2023
  • Erik Medaer limited partnerdeed of 12-04-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0800571088
Incorporation Founding capital of €500, 500 shares · Founders: Matthias Medaer (general partner) and Erik Medaer (limited partner) · Appointment: Matthias Medaer (manager) · published on 12-04-2023 · Gazette deed
First establishment Van Volxemlaan 264, Forest
All 5 events

Comparable companies

same main activity, similar in size and age
Company
FERN Forest €56,667 €41,264 80.9% -
NY ORGANIZATION Forest €59,827 €35,319 50.5% -
E.L.C SOLUTIONS Auderghem €58,119 €36,432 85.2% -
Verleyen Consulting Woluwe-Saint-Pierre €56,970 €43,928 8.2% -
Golf Delta Woluwe-Saint-Lambert €52,799 €34,997 75.4% -
VAQUSO Sint-Gillis (bij-Brussel) €60,493 €35,813 0.5% -
AT&LB SA Uccle €58,001 €34,895 40.1% -

These companies have the same main activity as FERN: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €52,800 and €60,500, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 07-04-2023Normal situation
Registered office
36 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.344.058.7451190 Forest, since 07-04-2023
Financial year end
31 December
Peppol
Reachable since 31-12-2025
Company details

Annual accounts 2024

€56,667▲ 149%
Filing
Filed on 23-07-2025
Financials

Insights on FERN

FERN has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €45,865 and a net result of €32,959.

Its solvency ranks better than 77% of 37,582 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FERN

What is the company number of FERN?
The company number of FERN is 0800.571.088. The VAT number is the same number with BE in front: BE 0800.571.088.
Where is FERN based?
The registered office is at Van Volxemlaan 264, 1190 Forest.Company details
What does FERN do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of FERN?
FERN is a limited partnership (CommV).
When was FERN founded?
FERN was founded on 07-04-2023.
Is FERN still active?
Yes, FERN is an active enterprise in the KBO register.
What is the turnover of FERN?
The turnover in financial year 2024 is ≈ €120,000. This figure is estimated from the gross margin of €41,264 and 144 comparable companies (NACE 70200). It probably lies between €72,000 and €170,000.Financials
Is FERN profitable?
In financial year 2024, FERN made a profit of €32,959.
Where can I find the annual accounts of FERN?
FERN filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.