FERO

Open bankruptcy

Private limited company (pre-2019)founded 2019Bevrijdingslaan 60, 9000 Gent, BelgiumKBO/BCE: BE 0725.672.737

A bankruptcy procedure is open for FERO according to publications in the Belgian State Gazette; curator: SVEN MASELYNE.

Summary

The 2020 annual accounts show equity of €32,145 and a net result of €19,645.

Risk analysis Watch Report Compare

FEROOpen bankruptcy

Risk analysis Report Compare

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court: Enterprise Court of Ghent, Ghent division
Declared bankrupt: 19 September 2023
Supervising judge: Peter Van den Bossche
Official Gazette: 25-09-2023 (pdf) ↗search the document for 2023/134811

Curator

Sven MaselyneSavaanstraat 72, 9000 Gentsvenmaselyne@kantoortorrekens.be

What to do now

Do not deliver on credit any more without an agreement with the curator.
Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Embed in an article

Writing about this bankruptcy? Put the card of FERO in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.

Preview

The preview appears here.

Code to paste

<checked-card kbo="0725672737" lang="en"><a href="https://checked.be/en/c/fero-0725672737">FERO on Checked.be</a></checked-card>
<script src="https://checked.be/embed/v1.js" async></script>

Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
Where scripts do not run (a newsletter, a feed reader) a plain link remains.

Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Latest accounts filed on time

The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 30-04-2021, 0 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2020

on the day

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2020 accounts on the deadline day; the sector median for financial year 2020 is 3 days before the deadline, and 41% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 25 April 2019, FERO was incorporated.¹ The company has filed annual accounts once, for fiscal year 2020.² The company was declared bankrupt on 19 September 2023.³

Go further with this company

Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Construction of roads and motorways sector doing?Sector figures

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

Financials · fiscal year 2020, micro schema

Equity

€32,145

Total assets

€38,096

Net result

€19,645

Working capital

€25,905

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €38,096

16.4%

83.6%

Fixed assets €6,241

Current assets €31,855

Equity and liabilities €38,096

84.4%

15.6%

Equity €32,145

Debt €5,950

Debt finances 15.6% of the balance-sheet total.

Key figures and ratios

2020 value

EBITDA

€23,351

Cash flow

€22,320

Current ratio

5.35

ROE

61.1%

ROA

51.6%

Debt ≤ 1 year

€5,950

Income taxes

€950

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2020 · 20 lines

Balance sheet Code2020

Assets

Total assets20/58€38,096

Fixed assets21/28€6,241

Tangible fixed assets22/27€6,241

Current assets29/58€31,855

Amounts receivable within one year40/41€26,965

Cash at bank and in hand54/58€3,715

Equity and liabilities

Total equity and liabilities10/49€38,096

Equity10/15€32,145

Contributions10/11€12,500

Reserves13€19,645

Amounts payable17/49€5,950

Amounts payable within one year42/48€5,950

Income statement Code2020

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,675

Gross operating margin9900€23,351

Operating profit (loss)9901€20,676

Recurring financial charges65€80

Profit (loss) for the period before taxes9903€20,596

Income taxes67/77€950

Profit (loss) for the period9904€19,645

Profit (loss) for the period to be appropriated9905€19,645

Line	2020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€2,675
Gross operating margin9900	€23,351
Operating profit (loss)9901	€20,676
Recurring financial charges65	€80
Profit (loss) for the period before taxes9903	€20,596
Income taxes67/77	€950
Profit (loss) for the period9904	€19,645
Profit (loss) for the period to be appropriated9905	€19,645

Line	2020
Assets
Total assets20/58	€38,096
Fixed assets21/28	€6,241
Tangible fixed assets22/27	€6,241
Current assets29/58	€31,855
Amounts receivable within one year40/41	€26,965
Cash at bank and in hand54/58	€3,715
Equity and liabilities
Total equity and liabilities10/49	€38,096
Equity10/15	€32,145
Contributions10/11	€12,500
Reserves13	€19,645
Amounts payable17/49	€5,950
Amounts payable within one year42/48	€5,950

Line	2020
Profit (loss) for the period9904	€19,645
+ Depreciation and write-downs630	€2,675
Operating cash flow (approximation)	€22,320

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Signals 1Filings 1

2023

25-09

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Gent · event 19-09-2023

2021

30-04

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

SignalNBB filing

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

1 act for this company is 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, Gent · 1 establishment unit since 2019

seat establishment The establishment unit on the map

Ground area

100 m²

Building footprint

95 m²

Volume, LiDAR

669 m³

Parcel 44816K0502/00V002, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.

2 companies at this address See who is registered here

1 establishment unit

FERO

Bevrijdingslaan 60, 9000 GentCafés and bars

since 20192.289.771.013

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44816K0502/00V002	Flanders	100 m²	1 · 95 m²	12.3 m · 2 fl.

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	SVEN MASELYNE SAVAANSTRAAT 72, 9000 GENT-	19-09-2023 → present

Recognitions · licences · registrations

Food safety, FASFC

1 site

Gent2.289.771.013

1 permission

Drankgelegenheid · since 13-07-2020

Similar companies · same sector, comparable size

Kortemark · Eq €32,304

ZIVABRO

BE 0669.557.148

Tessenderlo-Ham · Eq €32,361

Of 2,325 companies in sector 42110 we hold annual accounts for 1,096. 595 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company (pre-2019)

Founded25-04-2019

Fiscal year end30-09

Activities, NACEBEL 2025

42110Construction of roads and motorways

43130Specialised construction activities

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Scores and ratios are computed by Checked and are not a credit decision.