FERRO CONCEPT
ActiveSummary
FERRO CONCEPT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €274k and a net result of €88k. Equity is shrinking by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 23% of 1904 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+1
Solvency44▼-4
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.01 against 2.16 in 2024; short-term debt: 21.4% and cash: 14% of total assets), but 80.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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
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
19.4%
Return on assets
6.2%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 1904 sector peers (2025).
NBB · sector comparisonPosition among 1904 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-02-2026, 11 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
11 d late
2024
43 d early
2023
2 d early
2022
14 d early
2021
7 d early
2020
4 d early
2019
17 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 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 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€274k▼ 18.2%
2024 · €335k
2019: €377k
2021: €252k
2022: €333k
2023: €372k
2024: €335k
2019 → 2025
Total assets
€1.41M▼ 4.3%
2024 · €1.48M
2019: €1.01M
2021: €927k
2022: €1.45M
2023: €1.44M
2024: €1.48M
2019 → 2025
Net result
€88k▲ 9.3%
2024 · €80k
2019: €73k
2021: €50k
2022: €85k
2023: €44k
2024: €80k
2019 → 2025
Working capital
€305k▼ 12.2%
2024 · €347k
2019: €409k
2021: €259k
2022: €416k
2023: €376k
2024: €347k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€252k-€333k▲ 32.1%€372k▲ 11.7%€335k▼ 10.0%€274k▼ 18.2%
Operating result€86k-€107k▲ 25.1%€74k▼ 30.8%€134k▲ 80.7%€140k▲ 4.6%
Net result€50k-€85k▲ 71.4%€44k▼ 48.4%€80k▲ 82.1%€88k▲ 9.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.41M
Fixed assets
€807k ▼ 2.9%
Current assets
€607k ▼ 6.1%
Equity and liabilities €1.41M
Equity
€274k ▼ 18.2%
Debt
€1.14M ▼ 0.2%
Debt's share of the balance-sheet total rises from 77.4% to 80.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€215k▲
2024 · €203k
Cash flow
€162k▲
2024 · €150k
Current ratio
2.01▼
2024 · 2.16
Quick ratio
1.64▼
2024 · 1.83
Debt to equity
4.17▲
2024 · 3.42
ROE
32.0%▲
2024 · 24.0%
ROA
6.2%▲
2024 · 5.4%
Interest coverage
7.80▲
2024 · 7.14
Debt ≤ 1 year
€302k▲
2024 · €299k
Debt > 1 year
€831k▲
2024 · €800k
Income taxes
€33k▲
2024 · €32k
Staff costs
€186k▼
2024 · €203k
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 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.48M€1.41M▼
Fixed assets21/28€831k€807k▼
Tangible fixed assets22/27€831k€807k▼
Land and buildings22€822k€761k▼
Plant, machinery and equipment23€6k€8k▲
Furniture and vehicles24€4k€39k▲
Financial fixed assets28€135€135=
Current assets29/58€647k€607k▼
Stocks and contracts in progress3€98k€112k▲
Stocks30/36€98k€112k▲
Amounts receivable within one year40/41€258k€148k▼
Trade receivables40€243k€144k▼
Other amounts receivable41€14k€4k▼
Current investments50/53€92k€146k▲
Cash at bank and in hand54/58€195k€198k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.48M€1.41M▼
Equity10/15€335k€274k▼
Contributions10/11€20k€20k=
Reserves13€268k€212k▼
Distributable reserves133€268k€212k▼
Profit (loss) carried forward14€753€806▲
Investment grants15€46k€41k▼
Amounts payable17/49€1.14M€1.14M▼
Amounts payable after more than one year17€800k€831k▲
Financial debts170/4€759k€720k▼
Other amounts payable178/9€41k€111k▲
Amounts payable within one year42/48€299k€302k▲
Current portion of amounts payable after more than one year42€62k€73k▲
Trade debts44€89k€15k▼
Suppliers440/4€89k€15k▼
Advances received on contracts in progress46€6k€32k▲
Taxes, remuneration and social security45€29k€24k▼
Taxes450/3€8k€3k▼
Remuneration and social security454/9€21k€21k▼
Other amounts payable47/48€114k€158k▲
Accrued charges and deferred income492/3€44k€7k▼
Income statement
Code20242025
Remuneration, social security and pensions62€203k€186k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69k€74k▲
Other operating charges640/8€14k€18k▲
Gross operating margin9900€420k€419k▼
Operating profit (loss)9901€134k€140k▲
Financial income75/76B€7k€8k▲
Recurring financial income75€7k€8k▲
Financial charges65/66B€28k€28k▼
Recurring financial charges65€28k€28k▼
Profit (loss) for the period before taxes9903€112k€121k▲
Income taxes67/77€32k€33k▲
Profit (loss) for the period9904€80k€88k▲
Profit (loss) for the period to be appropriated9905€80k€88k▲
Appropriation of the result
Profit (loss) to be appropriated9906€81k€89k▲
Profit (loss) brought forward from the previous period14P€683€753▲
Transfer from equity791/2€112k€144k▲
Transfer to equity691/2€80k€88k▲
To other reserves6921€80k€88k▲
Profit to be distributed694/7€112k€144k▲
Return on contributions (dividend)694€112k€144k▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
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
30-06
Financial
Highest result since 2019net €88k ▲9.3%
Operating result €140k, net result €88k, both a record.
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €44k ▼48.4%
Net result drops to €44k, the lowest in the series; recovery starts the following year.
17-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Liquidity doublescurrent ratio 4.14
Current ratio from 2.05 to 4.14; short-term debt falls from €246k to €132k.
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
15-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 15 days late
2017
11-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
24-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Seneffe · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Parc Industriel Paysager de Tyberchamps 167180 SeneffeGround area
7,561 m²
Building footprint
1,082 m²
Parcel 52063A0930/00V000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Ferro Concept
since 20062.151.627.670
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52063A0930/00V000 | Wallonia | 7,561 m² | 1 · 1,082 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
4 categoriesFerro Concept SRL45345
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FURNISHING OFFICE BENELUX
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JEF VAN ERWEGEN
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Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,656 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2006
Fiscal year end30-06
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25120Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.