FERRI
ActiveSummary
FERRI has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €247k and a net result of €-8k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 57% of 7500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability34▲+1
Solvency75▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.04 in 2024; short-term debt: 50.3% and cash: 0.2% of total assets), and 50.3% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.7%
Return on assets
-1.6%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-8k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-02-2026, 11 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 · 10 filingsDeviation from the deadline
2025
11 d late
2024
2 d early
2023
23 d late
2022
3 d late
2021
4 d late
2020
9 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€247k▼ 3.1%
2024 · €255k
Total assets
€496k▲ 0.5%
2024 · €494k
Net result
€-8k▲ 7.9%
2024 · €-8k
Working capital
€-237k▼ 3.4%
2024 · €-230k
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
Line20212022202320242025
Operating result€-20k▼ 250%€-5k▲ 74.0%€-14k▼ 171%€-8k▲ 42.1%€-7k▲ 8.3%
Net result€-21k▼ 57.2%€-6k▲ 72.1%€-14k▼ 151%€-8k▲ 41.0%€-8k▲ 7.9%
Equity€283k▼ 6.8%€277k▼ 2.0%€263k▼ 5.2%€255k▼ 3.2%€247k▼ 3.1%
Total assets€506k▼ 9.4%€504k▼ 0.3%€541k▲ 7.4%€494k▼ 8.7%€496k▲ 0.5%
Debt€222k▼ 12.6%€226k▲ 1.8%€278k▲ 22.9%€240k▼ 13.9%€250k▲ 4.2%
Working capital€-201k▼ 11.4%€-207k▼ 2.8%€-221k▼ 7.0%€-230k▼ 3.8%€-237k▼ 3.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €8k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €496k
Fixed assets
€484k =
Current assets
€12k ▲ 22.6%
Equity and liabilities €496k
Equity
€247k ▼ 3.1%
Debt
€250k ▲ 4.2%
Debt's share of the balance-sheet total rises from 48.5% to 50.3%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.05▲
2024 · 0.04
Debt to equity
1.01▲
2024 · 0.94
ROE
-3.2%▲
2024 · -3.3%
ROA
-1.6%▲
2024 · -1.7%
Debt ≤ 1 year
€250k▲
2024 · €240k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4k | - | - | - | - |
| Other operating charges640/8 | - | €76 | €756 | €2k | €620 | ▼ 66.3% |
| Gross operating margin9900 | €-18k | €-5k | €-13k | €-6k | €-7k | ▼ 9.1% |
| Operating profit (loss)9901 | €-20k | €-5k | €-14k | €-8k | €-7k | ▲ 8.3% |
| Financial income75/76B | - | - | €0 | €0 | €0 | ▼ 78.6% |
| Recurring financial income75 | €10 | - | €0 | €0 | €0 | ▼ 78.6% |
| Financial charges65/66B | - | €638 | €609 | €506 | €495 | ▼ 2.2% |
| Recurring financial charges65 | €974 | €638 | €609 | €506 | €495 | ▼ 2.2% |
| Profit (loss) for the period before taxes9903 | €-21k | €-6k | €-14k | €-8k | €-8k | ▲ 7.9% |
| Profit (loss) for the period9904 | €-21k | €-6k | €-14k | €-8k | €-8k | ▲ 7.9% |
| Profit (loss) for the period to be appropriated9905 | €-21k | €-6k | €-14k | €-8k | €-8k | ▲ 7.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €506k | €504k | €541k | €494k | €496k | ▲ 0.5% |
| Fixed assets21/28 | €484k | €484k | €484k | €484k | €484k | = |
| Financial fixed assets28 | €484k | €484k | €484k | €484k | €484k | = |
| Current assets29/58 | €21k | €20k | €57k | €10k | €12k | ▲ 22.6% |
| Amounts receivable within one year40/41 | €17k | €14k | €34k | €10k | €11k | ▲ 14.6% |
| Trade receivables40 | - | €11k | €31k | €6k | €6k | = |
| Other amounts receivable41 | - | €3k | €3k | €4k | €5k | ▲ 35.7% |
| Cash at bank and in hand54/58 | €4k | €5k | €23k | €323 | €1k | ▲ 260% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €506k | €504k | €541k | €494k | €496k | ▲ 0.5% |
| Equity10/15 | €283k | €277k | €263k | €255k | €247k | ▼ 3.1% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €184k | €184k | €184k | €184k | €184k | = |
| Non-distributable reserves130/1 | - | €14k | €14k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Other1319 | - | €8k | €8k | - | - | - |
| Distributable reserves133 | - | €170k | €170k | €178k | €178k | = |
| Profit (loss) carried forward14 | €37k | €31k | €17k | €8k | €548 | ▼ 93.4% |
| Amounts payable17/49 | €222k | €226k | €278k | €240k | €250k | ▲ 4.2% |
| Amounts payable within one year42/48 | €222k | €226k | €278k | €240k | €250k | ▲ 4.2% |
| Financial debts43 | - | - | - | €65 | - | - |
| Credit institutions430/8 | - | - | - | €65 | - | - |
| Trade debts44 | €3k | €6k | €32k | €4k | €3k | ▼ 21.5% |
| Suppliers440/4 | - | €6k | €32k | €4k | €3k | ▼ 21.5% |
| Other amounts payable47/48 | - | €220k | €246k | €235k | €246k | ▲ 4.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-21k | €-6k | €-14k | €-8k | €-8k | ▲ 7.9% |
| Operating cash flow (approximation) | €-21k | €-6k | €-14k | €-8k | €-8k | ▲ 7.9% |
| Investment in fixed assets (approximation) | - | €135 | €0 | €0 | €0 | - |
| Change in cash | - | €2k | €18k | €-23k | €841 | ▲ 104% |
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
11-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
03-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
04-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
30-06
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
09-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
06-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
03-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Etterbeek · 1 establishment unit since 1991
Ground area
479 m²
Building footprint
384 m²
Volume, LiDAR
2,925 m³
2 parcels, Brussels · tallest building 17.1 m, ±4 floors. Linked by address, not a title deed.
56
companies at this address
See who is registered here
1 establishment unit
FERRI CONSTRUCTION
since 19912.053.608.279
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0225/00L004 | Brussels | 287 m² | 1 · 276 m² | 16.3 m · 1 fl. |
| 21464E0036/00E007 | Brussels | 191 m² | 1 · 108 m² | 17.1 m · 4 fl. |
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.
Similar companies · same sector, comparable size
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LEBRUN ALAIN ENTREPRISES
BE 0883.265.469
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REKA PROJECT
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 11,538 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-06-1991
Fiscal year end30-06
Legal name FR
FERRI CONSTRUCTION
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.