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FEROCAN

Open bankruptcy
Private limited companyfounded 2015KBO/BCE: BE 0644.745.835
Summary

A bankruptcy procedure is open for FEROCAN according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €288,702 and a net result of €82,318.

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 Antwerp, Antwerp division
Declared bankrupt
24 October 2024
Supervising judge
Ann Musschoot
Official Gazette
31-10-2024 (pdf) ↗search the document for 2024/142011

Curator

  • Kjell SwarteleAnselmostraat 2, 2018 Antwerpen 1kjell.swartele@vanhoucke-law.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
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
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 25-09-2023, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
56 d late
2021
4 d early
2020
3 d early
2019
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 43 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · 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 22 December 2015, FEROCAN was incorporated.1 Total assets went from EUR 18,570 in 2018 to EUR 338,725 in 2022 and headcount from 1.1 full-time equivalents in 2020 to 2 in 2022.2 The company was declared bankrupt on 24 October 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2020 and 2022
  3. 3Belgian State Gazette, 31-10-2024

Go further with this company

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

Financials · fiscal year 2022, micro schema

Equity
€288,702▲ 39.9%
2021 · €206,384
Total assets
€338,725▲ 3.6%
2021 · €327,080
Net result
€82,318▼ 25.7%
2021 · €110,799
Working capital
€287,618▲ 39.8%
2021 · €205,673
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result-€9,820--€2,301▲ 76.6%€109,309€152,284▲ 39.3%€112,974▼ 25.8%
Net result-€10,072-€12,179€72,520▲ 495%€110,799▲ 52.8%€82,318▼ 25.7%
Equity€10,885-€23,065▲ 112%€95,585▲ 314%€206,384▲ 116%€288,702▲ 39.9%
Total assets€18,570-€33,382▲ 79.8%€148,433▲ 345%€327,080▲ 120%€338,725▲ 3.6%
Debt€7,685-€10,317▲ 34.3%€52,849▲ 412%€120,696▲ 128%€50,023▼ 58.6%
Working capital-€7,451-€23,989€93,922▲ 292%€205,673▲ 119%€287,618▲ 39.8%
Staff (FTE)1.12▲ 81.8%2=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000€150,000Operating result 2018: -€9,820-€9,820Net result 2018: -€10,072-€10,072Operating result 2019: -€2,301-€2,301Net result 2019: €12,179€12,179Operating result 2020: €109,309€109,309Net result 2020: €72,520€72,520Operating result 2021: €152,284€152,284Net result 2021: €110,799€110,799Operating result 2022: €112,974€112,974Net result 2022: €82,318€82,31820182019202020212022€0€50,000€100,000€150,000Operating result 2020: €109,309€109,000Net result 2020: €72,520€72,500Operating result 2021: €152,284€152,000Net result 2021: €110,799€111,000Operating result 2022: €112,974€113,000Net result 2022: €82,318€82,300202020212022
The operating result falls in 2022; 2022 is 26% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €338,725
Fixed assets €5,208 ▼ 60.9%
Current assets €333,518 ▲ 6.3%
Equity and liabilities €338,725
Equity €288,702 ▲ 39.9%
Debt €50,023 ▼ 58.6%
Debt's share of the balance-sheet total falls from 36.9% to 14.8%. Equity is higher and debt is lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
€121,084▼
2021 · €159,362
Cash flow
€90,428▼
2021 · €117,877
Current ratio
7.27▲
2021 · 2.90
Debt to equity
0.17▼
2021 · 0.58
ROE
28.5%▼
2021 · 53.7%
ROA
24.3%▼
2021 · 33.9%
Interest coverage
266.02▼
2021 · 596.39
Debt ≤ 1 year
€45,900▼
2021 · €108,089
Debt > 1 year
€4,123▼
2021 · €6,785
Income taxes
€31,280▼
2021 · €41,218
Staff costs
€65,748▼
2021 · €84,319
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 45 lines
Balance sheet Code20212022
Assets
Total assets20/58€327,080€338,725▲
Fixed assets21/28€13,317€5,208▼
Tangible fixed assets22/27€13,317€5,208▼
Plant, machinery and equipment23€9,454€5,208▼
Furniture and vehicles24€3,864-
Current assets29/58€313,762€333,518▲
Amounts receivable within one year40/41€251,315€312,978▲
Trade receivables40€243,817€281,687▲
Other amounts receivable41€7,498€31,290▲
Cash at bank and in hand54/58€62,103€20,540▼
Deferred charges and accrued income490/1€345-
Equity and liabilities
Total equity and liabilities10/49€327,080€338,725▲
Equity10/15€206,384€288,702▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€185,924€268,242▲
Amounts payable17/49€120,696€50,023▼
Amounts payable after more than one year17€6,785€4,123▼
Financial debts170/4€6,785€4,123▼
Amounts payable within one year42/48€108,089€45,900▼
Current portion of amounts payable after more than one year42€4,406€2,662▼
Trade debts44€7,505€11,849▲
Suppliers440/4€7,505€11,849▲
Taxes, remuneration and social security45€84,767€31,389▼
Taxes450/3€57,459€31,389▼
Remuneration and social security454/9€27,308-
Other amounts payable47/48€11,411-
Accrued charges and deferred income492/3€5,822-
Income statement Code20212022
Remuneration, social security and pensions62€84,319€65,748▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,078€8,110▲
Other operating charges640/8€5,712€5,071▼
Gross operating margin9900€249,393€191,903▼
Operating profit (loss)9901€152,284€112,974▼
Financial income75/76B-€1,079
Recurring financial income75-€1,079
Financial charges65/66B€267€455▲
Recurring financial charges65€267€455▲
Profit (loss) for the period before taxes9903€152,017€113,598▼
Income taxes67/77€41,218€31,280▼
Profit (loss) for the period9904€110,799€82,318▼
Profit (loss) for the period to be appropriated9905€110,799€82,318▼
Appropriation of the result
Profit (loss) to be appropriated9906€185,924€268,242▲
Profit (loss) brought forward from the previous period14P€75,125€185,924▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Remuneration, social security and pensions62---€84,319€65,748▼ 22.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,198€721€5,272€7,078€8,110▲ 14.6%
Other operating charges640/8---€5,712€5,071▼ 11.2%
Gross operating margin9900-€2,790€19,639€150,911€249,393€191,903▼ 23.1%
Operating profit (loss)9901-€9,820-€2,301€109,309€152,284€112,974▼ 25.8%
Financial income75/76B----€1,079-
Recurring financial income75€16€0€21-€1,079-
Financial charges65/66B---€267€455▲ 70.3%
Recurring financial charges65€267€30,520€3,414€267€455▲ 70.3%
Profit (loss) for the period before taxes9903-€10,072€12,179€105,916€152,017€113,598▼ 25.3%
Income taxes67/77--€33,396€41,218€31,280▼ 24.1%
Profit (loss) for the period9904-€10,072€12,179€72,520€110,799€82,318▼ 25.7%
Profit (loss) for the period to be appropriated9905-€10,072€12,179€72,520€110,799€82,318▼ 25.7%
Line20182019202020212022Change
Assets
Total assets20/58€18,570€33,382€148,433€327,080€338,725▲ 3.6%
Fixed assets21/28€18,337€2,886€11,881€13,317€5,208▼ 60.9%
Tangible fixed assets22/27€13,337€2,886€11,881€13,317€5,208▼ 60.9%
Plant, machinery and equipment23---€9,454€5,208▼ 44.9%
Furniture and vehicles24---€3,864--
Financial fixed assets28€5,000-----
Current assets29/58€233€30,496€136,552€313,762€333,518▲ 6.3%
Amounts receivable within one year40/41-€23,953€117,668€251,315€312,978▲ 24.5%
Trade receivables40---€243,817€281,687▲ 15.5%
Other amounts receivable41---€7,498€31,290▲ 317%
Cash at bank and in hand54/58€233€24-€62,103€20,540▼ 66.9%
Deferred charges and accrued income490/1---€345--
Equity and liabilities
Total equity and liabilities10/49€18,570€33,382€148,433€327,080€338,725▲ 3.6%
Equity10/15€10,885€23,065€95,585€206,384€288,702▲ 39.9%
Contributions10/11€18,600€18,600-€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860=
Profit (loss) carried forward14-€9,575€2,605€75,125€185,924€268,242▲ 44.3%
Amounts payable17/49€7,685€10,317€52,849€120,696€50,023▼ 58.6%
Amounts payable after more than one year17--€9,948€6,785€4,123▼ 39.2%
Financial debts170/4---€6,785€4,123▼ 39.2%
Amounts payable within one year42/48€7,685€6,507€42,631€108,089€45,900▼ 57.5%
Current portion of amounts payable after more than one year42---€4,406€2,662▼ 39.6%
Trade debts44€5,507-€19,067€7,505€11,849▲ 57.9%
Suppliers440/4---€7,505€11,849▲ 57.9%
Taxes, remuneration and social security45---€84,767€31,389▼ 63.0%
Taxes450/3---€57,459€31,389▼ 45.4%
Remuneration and social security454/9---€27,308--
Other amounts payable47/48---€11,411--
Accrued charges and deferred income492/3---€5,822--
Line20182019202020212022Change
Profit (loss) for the period9904-€10,072€12,179€72,520€110,799€82,318▼ 25.7%
+ Depreciation and write-downs630€4,198€721€5,272€7,078€8,110▲ 14.6%
Operating cash flow (approximation)-€5,874€12,901€77,792€117,877€90,428▼ 23.3%
Investment in fixed assets (approximation)-€14,729-€14,267-€8,514€0▲ 100%
Change in cash--€209---€41,563-

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

2024
31-10
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 24-10-2024
21-02
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 15-02-2024
2023
25-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
31-12
Financial Liquidity triplescurrent ratio 7.27
Current ratio from 2.90 to 7.27; short-term debt falls from €108,089 to €45,900.
27-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €110,799 ▲52.8%
Operating result €152,284, net result €110,799, both a record.
31-12
Financial Equity above €200,000Eq €206,384 ▲116%
3 profitable years in a row build equity to €206,384.
28-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial Back to profitnet €12,179
Net result €12,179 after one loss-making year.
31-12
Financial Liquidity times 154current ratio 4.69
Current ratio from 0.03 to 4.69; short-term debt falls from €7,685 to €6,507.
17-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
21-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 52 days late
2017
25-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 Belgian State Gazette acts for this company. None of them has 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
10 acts for this company are 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, Antwerpen · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
3,320 m²
Building footprint
118 m²
Volume, LiDAR
10 m³
2 parcels, Flanders · tallest building 1.6 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Ferocan
Civil engineering
since 20172.260.387.832
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11422C0622/00G006 Flanders 3,277 m² 1 · 117 m² 1.6 m
11423B0296/00Y002 Flanders 42 m² - -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator KJELL SWARTELE
ANSELMOSTRAAT 2, 2018 ANTWERPEN 1
24-10-2024 → present
Curator SYLVIA LAGROU
FRANKRIJKLEI 115, 2000 ANTWERPEN 1
15-02-2024 → present

Identification & contact

Identification
Legal formPrivate limited company
Founded22-12-2015
Fiscal year end31-12
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.

Register as of 27 September 2026 · Peppol Directory

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