FEROCE IC
ActiveSummary
FEROCE IC has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €791k and a net result of €64k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+1
Solvency100=
Growth57=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 20.75 against 9.9 in 2024; short-term debt: 2.1% and cash: 40.9% of total assets), and 2.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.9%
Return on assets
8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-04-2026, 94 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
94 d early
2024
27 d late
2023
31 d late
2022
29 d late
2021
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0▼ 100%
2022 · €176k
2021: €185khighest value
2022: €176k▼ -4.9% vs 2021
2024: €0lowest value
2021 → 2024
EBIT margin
17.0%▼ 11.1pp
2021 · 28.1%
2021: 28.1%
2022: 17.0%▼ -39.5% vs 2021
2021 → 2022
Net result
€64k▲ 11.8%
2024 · €58k
2021: €37k
2022: €21k▼ -44.2% vs 2021lowest in 5 years
2023: €47k▲ +124% vs 2022
2024: €58k▲ +23.3% vs 2023
2025: €64k▲ +11.8% vs 2024highest in 5 years
2021 → 2025
Working capital
€330k▲ 50.2%
2024 · €220k
2021: €56klowest in 5 years
2022: €110k▲ +95.0% vs 2021
2023: €118k▲ +7.2% vs 2022
2024: €220k▲ +85.9% vs 2023
2025: €330k▲ +50.2% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€185k-€176k▼ 4.9%€0
2021: €185khighest value
2022: €176k▼ -4.9% vs 2021
2024: €0lowest value
Equity€601k-€622k▲ 3.5%€669k▲ 7.5%€726k▲ 8.6%€791k▲ 8.9%
2021: €601klowest in 5 years
2022: €622k▲ +3.5% vs 2021
2023: €669k▲ +7.5% vs 2022
2024: €726k▲ +8.6% vs 2023
2025: €791k▲ +8.9% vs 2024highest in 5 years
Operating result€52k-€30k▼ 42.5%€64k▲ 115%€78k▲ 21.8%€90k▲ 15.2%
2021: €52k
2022: €30k▼ -42.5% vs 2021lowest in 5 years
2023: €64k▲ +115% vs 2022
2024: €78k▲ +21.8% vs 2023
2025: €90k▲ +15.2% vs 2024highest in 5 years
Net result€37k-€21k▼ 44.2%€47k▲ 124%€58k▲ 23.3%€64k▲ 11.8%
2021: €37k
2022: €21k▼ -44.2% vs 2021lowest in 5 years
2023: €47k▲ +124% vs 2022
2024: €58k▲ +23.3% vs 2023
2025: €64k▲ +11.8% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €807k
Fixed assets
€461k ▼ 9.0%
Current assets
€346k ▲ 41.9%
Equity and liabilities €807k
Equity
€791k ▲ 8.9%
Debt
€17k ▼ 32.2%
Debt's share of the balance-sheet total falls from 3.3% to 2.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€138k▲
2024 · €126k
Cash flow
€113k▲
2024 · €105k
Current ratio
20.75▲
2024 · 9.90
Debt to equity
0.02▼
2024 · 0.03
ROE
8.1%▲
2024 · 7.9%
ROA
8.0%▲
2024 · 7.7%
Interest coverage
3294.96▲
2024 · 2290.51
Debt ≤ 1 year
€17k▼
2024 · €25k
Income taxes
€26k▲
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€751k€807k▲
Fixed assets21/28€507k€461k▼
Tangible fixed assets22/27€507k€461k▼
Land and buildings22€449k€420k▼
Furniture and vehicles24€58k€41k▼
Current assets29/58€244k€346k▲
Amounts receivable within one year40/41€20k€15k▼
Trade receivables40€14k€15k▲
Other amounts receivable41€6k-
Current investments50/53€0-
Cash at bank and in hand54/58€223k€331k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€751k€807k▲
Equity10/15€726k€791k▲
Contributions10/11€105k€105k=
Reserves13€167k€231k▲
Distributable reserves133€167k€231k▲
Profit (loss) carried forward14€454k€455k▲
Amounts payable17/49€25k€17k▼
Amounts payable within one year42/48€25k€17k▼
Trade debts44€277€197▼
Suppliers440/4€277€197▼
Taxes, remuneration and social security45€24k€15k▼
Taxes450/3€20k€12k▼
Remuneration and social security454/9€5k€3k▼
Other amounts payable47/48-€1k
Accrued charges and deferred income492/3€42€42=
Income statement
Code20242025
Turnover70€0-
Goods, raw materials, services and sundry goods60/61€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€48k▲
Other operating charges640/8€8k€5k▼
Gross operating margin9900€134k€144k▲
Operating profit (loss)9901€78k€90k▲
Financial income75/76B€1k-
Recurring financial income75€1k-
Financial charges65/66B€55€42▼
Recurring financial charges65€55€42▼
Profit (loss) for the period before taxes9903€79k€90k▲
Income taxes67/77€22k€26k▲
Profit (loss) for the period9904€58k€64k▲
Profit (loss) for the period to be appropriated9905€58k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€512k€519k▲
Profit (loss) brought forward from the previous period14P€454k€454k=
Transfer to equity691/2€58k€64k▲
To other reserves6921€58k€64k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €185k | €176k | - | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €97k | €109k | - | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36k | €37k | €40k | €48k | €48k | ▲ 1.1% |
| Other operating charges640/8 | €5k | €5k | €8k | €8k | €5k | ▼ 30.5% |
| Gross operating margin9900 | €93k | €72k | €112k | €134k | €144k | ▲ 7.6% |
| Operating profit (loss)9901 | €52k | €30k | €64k | €78k | €90k | ▲ 15.2% |
| Financial income75/76B | €0 | - | - | €1k | - | - |
| Recurring financial income75 | €0 | - | - | €1k | - | - |
| Financial charges65/66B | €37 | €42 | €42 | €55 | €42 | ▼ 23.6% |
| Recurring financial charges65 | €37 | €42 | €42 | €55 | €42 | ▼ 23.6% |
| Profit (loss) for the period before taxes9903 | €52k | €30k | €64k | €79k | €90k | ▲ 13.6% |
| Income taxes67/77 | €15k | €9k | €18k | €22k | €26k | ▲ 18.1% |
| Profit (loss) for the period9904 | €37k | €21k | €47k | €58k | €64k | ▲ 11.8% |
| Profit (loss) for the period to be appropriated9905 | €37k | €21k | €47k | €58k | €64k | ▲ 11.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €650k | €674k | €713k | €751k | €807k | ▲ 7.5% |
| Fixed assets21/28 | €545k | €512k | €551k | €507k | €461k | ▼ 9.0% |
| Tangible fixed assets22/27 | €545k | €512k | €551k | €507k | €461k | ▼ 9.0% |
| Land and buildings22 | €533k | €504k | €476k | €449k | €420k | ▼ 6.5% |
| Furniture and vehicles24 | €12k | €7k | €74k | €58k | €41k | ▼ 28.8% |
| Current assets29/58 | €106k | €162k | €163k | €244k | €346k | ▲ 41.9% |
| Amounts receivable within one year40/41 | €12k | €14k | €18k | €20k | €15k | ▼ 26.2% |
| Trade receivables40 | €12k | €13k | €16k | €14k | €15k | ▲ 3.6% |
| Other amounts receivable41 | - | €1k | €2k | €6k | - | - |
| Current investments50/53 | - | - | - | €0 | - | - |
| Cash at bank and in hand54/58 | €92k | €147k | €141k | €223k | €331k | ▲ 48.1% |
| Deferred charges and accrued income490/1 | €2k | €2k | €4k | €1k | €1k | ▲ 7.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €650k | €674k | €713k | €751k | €807k | ▲ 7.5% |
| Equity10/15 | €601k | €622k | €669k | €726k | €791k | ▲ 8.9% |
| Contributions10/11 | €105k | €105k | €105k | €105k | €105k | = |
| Reserves13 | €43k | €63k | €109k | €167k | €231k | ▲ 38.4% |
| Distributable reserves133 | €43k | €63k | €109k | €167k | €231k | ▲ 38.4% |
| Profit (loss) carried forward14 | €453k | €454k | €454k | €454k | €455k | ▲ 0.1% |
| Amounts payable17/49 | €49k | €52k | €45k | €25k | €17k | ▼ 32.2% |
| Amounts payable within one year42/48 | €49k | €52k | €45k | €25k | €17k | ▼ 32.3% |
| Trade debts44 | €348 | €311 | €2k | €277 | €197 | ▼ 28.8% |
| Suppliers440/4 | €348 | €311 | €2k | €277 | €197 | ▼ 28.8% |
| Taxes, remuneration and social security45 | €18k | €20k | €12k | €24k | €15k | ▼ 36.9% |
| Taxes450/3 | €14k | €16k | €12k | €20k | €12k | ▼ 37.7% |
| Remuneration and social security454/9 | €4k | €4k | €0 | €5k | €3k | ▼ 33.3% |
| Other amounts payable47/48 | €31k | €31k | €31k | - | €1k | - |
| Accrued charges and deferred income492/3 | €35 | €42 | €42 | €42 | €42 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37k | €21k | €47k | €58k | €64k | ▲ 11.8% |
| + Depreciation and write-downs630 | €36k | €37k | €40k | €48k | €48k | ▲ 1.1% |
| Operating cash flow (approximation) | €74k | €58k | €87k | €105k | €113k | ▲ 7.0% |
| Investment in fixed assets (approximation) | - | €-4k | €-79k | €-4k | €-2k | ▲ 38.7% |
| Change in cash | - | €55k | €-6k | €83k | €107k | ▲ 30.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €64k ▲11.8%
Operating result €90k, net result €64k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 20.75
Current ratio from 9.90 to 20.75; short-term debt falls from €25k to €17k.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 9.90
Current ratio from 3.65 to 9.90; short-term debt falls from €45k to €25k.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €21k ▼44.2%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Wanze · 1 establishment unit since 2021
Ground area
2,230 m²
Building footprint
251 m²
Volume, LiDAR
1,619 m³
Parcel 61005B0593/00Z000, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FEROCE IC
since 20212.312.696.665
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61005B0593/00Z000 | Wallonia | 2,230 m² | 1 · 251 m² | 8.8 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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 30,356 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
Founded07-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Contact
E-mail
clvt.mont-falise@skynet.be
Scores and ratios are computed by Checked and are not a credit decision.