Ferret
ActiveSummary
The computed 12-month bankruptcy probability of Ferret is 2.0% (moderate). The 2025 annual accounts show equity of €58k and a net result of €21k. Equity is growing by ~30.3% per year across the filed fiscal years. Its solvency ranks better than 77% of 7500 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+28
Solvency94▲+37
Growth52=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.43 against 0.57 in 2024; short-term debt: 27.3% and cash: 5.2% of total assets), and 31.1% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
68.9%
Return on assets
25.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-03-2026, 52 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
52 d early
2024
51 d early
2023
55 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€58k▲ 53.8%
2024 · €38k
Total assets
€85k▼ 28.3%
2024 · €118k
Net result
€21k▲ 527%
2024 · €3k
Working capital
€56k
2024 · €-14k
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
Line202320242025
Operating result€46k-€9k▼ 80.6%€28k▲ 208%
Net result€32k-€3k▼ 89.4%€21k▲ 527%
Equity€35k-€38k▲ 7.3%€58k▲ 53.8%
Total assets€187k-€118k▼ 37.0%€85k▼ 28.3%
Debt€152k-€80k▼ 47.3%€26k▼ 67.1%
Working capital€-57-€-14k▼ 24,126%€56k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 208% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85k
Fixed assets
€5k ▼ 94.5%
Current assets
€79k ▲ 332%
Equity and liabilities €85k
Equity
€58k ▲ 53.8%
Debt
€26k ▼ 67.1%
Debt's share of the balance-sheet total falls from 67.9% to 31.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▼
2024 · €39k
Cash flow
€22k▼
2024 · €33k
Current ratio
3.43▲
2024 · 0.57
Quick ratio
3.33▲
2024 · 0.39
Debt to equity
0.45▼
2024 · 2.11
ROE
36.5%▲
2024 · 8.9%
ROA
25.1%▲
2024 · 2.9%
Interest coverage
12.56▲
2024 · 10.47
Debt ≤ 1 year
€23k▼
2024 · €32k
Income taxes
€6k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €30k | €500 | ▼ 98.3% |
| Other operating charges640/8 | €683 | €2k | €471 | ▼ 74.7% |
| Non-recurring operating charges66A | €4k | - | - | - |
| Gross operating margin9900 | €64k | €41k | €29k | ▼ 29.5% |
| Operating profit (loss)9901 | €46k | €9k | €28k | ▲ 208% |
| Financial income75/76B | €114 | - | €1k | - |
| Recurring financial income75 | €114 | - | €1k | - |
| Financial charges65/66B | €2k | €4k | €2k | ▼ 39.4% |
| Recurring financial charges65 | €2k | €4k | €2k | ▼ 39.4% |
| Profit (loss) for the period before taxes9903 | €44k | €5k | €27k | ▲ 409% |
| Income taxes67/77 | €12k | €2k | €6k | ▲ 196% |
| Profit (loss) for the period9904 | €32k | €3k | €21k | ▲ 527% |
| Profit (loss) for the period to be appropriated9905 | €32k | €3k | €21k | ▲ 527% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €187k | €118k | €85k | ▼ 28.3% |
| Fixed assets21/28 | €90k | €100k | €5k | ▼ 94.5% |
| Tangible fixed assets22/27 | €90k | €100k | €5k | ▼ 94.5% |
| Plant, machinery and equipment23 | €45k | €34k | €5k | ▼ 83.7% |
| Furniture and vehicles24 | €44k | €66k | - | - |
| Current assets29/58 | €98k | €18k | €79k | ▲ 332% |
| Stocks and contracts in progress3 | €2k | €6k | €2k | ▼ 59.4% |
| Stocks30/36 | €2k | €6k | €2k | ▼ 59.4% |
| Amounts receivable within one year40/41 | €69k | €4k | €72k | ▲ 1,555% |
| Trade receivables40 | €69k | €752 | €72k | ▲ 9,492% |
| Other amounts receivable41 | €300 | €4k | €345 | ▼ 90.5% |
| Cash at bank and in hand54/58 | €26k | €7k | €4k | ▼ 40.2% |
| Deferred charges and accrued income490/1 | €605 | €768 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €187k | €118k | €85k | ▼ 28.3% |
| Equity10/15 | €35k | €38k | €58k | ▲ 53.8% |
| Contributions10/11 | €4k | €4k | €4k | = |
| Reserves13 | €31k | €34k | €34k | = |
| Distributable reserves133 | €31k | €34k | €34k | = |
| Profit (loss) carried forward14 | - | - | €20k | - |
| Amounts payable17/49 | €152k | €80k | €26k | ▼ 67.1% |
| Amounts payable after more than one year17 | €53k | €48k | - | - |
| Financial debts170/4 | €53k | €48k | - | - |
| Amounts payable within one year42/48 | €98k | €32k | €23k | ▼ 28.0% |
| Current portion of amounts payable after more than one year42 | €11k | €16k | - | - |
| Trade debts44 | €32k | €11k | €3k | ▼ 73.9% |
| Suppliers440/4 | €32k | €11k | €3k | ▼ 73.9% |
| Taxes, remuneration and social security45 | €14k | - | €5k | - |
| Taxes450/3 | €14k | - | €5k | - |
| Other amounts payable47/48 | €41k | €4k | €16k | ▲ 252% |
| Accrued charges and deferred income492/3 | €1k | - | €3k | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €32k | €3k | €21k | ▲ 527% |
| + Depreciation and write-downs630 | €14k | €30k | €500 | ▼ 98.3% |
| Operating cash flow (approximation) | €46k | €33k | €22k | ▼ 34.3% |
| Investment in fixed assets (approximation) | - | €-40k | €94k | ▲ 336% |
| Change in cash | - | €-19k | €-3k | ▲ 84.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity times 6current ratio 3.43
Current ratio from 0.57 to 3.43; short-term debt falls from €32k to €23k.
10-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €3k ▼89.4%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
06-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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.
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, Wevelgem · 1 establishment unit since 2022
Ground area
739 m²
Building footprint
95 m²
Volume, LiDAR
516 m³
Parcel 34029A0178/00G000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Ferret
since 20222.338.788.873
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34029A0178/00G000 | Flanders | 739 m² | 1 · 95 m² | 8.3 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 491 EUR awarded · 491 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 195 EUR | 195 EUR |
| 2024 | 1 | 296 EUR | 296 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Vandenbogaerde Dave
BE 1003.027.015
Poperinge · Eq €58,390
G. MATHIAS
BE 0682.624.830
Schaarbeek · Eq €58,366
All-in Partners
BE 0802.437.349
Maasmechelen · Eq €58,356
TINIK CONSTRUCT
BE 0797.976.834
Dison · Eq €58,407
FLOSSIE PATRICK
BE 0890.455.941
Halen · Eq €58,410
Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 13,164 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
Founded08-12-2022
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
01480Raising of other animals
43910Bricklaying and masonry work
43990Other specialised construction activities
47120Other non-specialised retail sale
47762Retail sale of pets, pet food and pet supplies
96995Pet boarding
Scores and ratios are computed by Checked and are not a credit decision.