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FERRONNERIE CARDINAEL

Active
Private limited companyfounded 1988active for 38 yearsAvenue du Centenaire 19, 7141 Morlanwelz, BelgiumKBO/BCE: BE 0435.501.096
Summary

FERRONNERIE CARDINAEL has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,948 and a net result of €11,828. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 20% of 831 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 11-10-1988 Normal situation
Activity
Manufacture of fabricated metal products, except machinery and equipment NACE 25120and 2 others
Joint committee
111 Metal, mechanical and electrical engineering · annual accounts 2025
Establishment unit
2.040.669.865 7141 Morlanwelz, since 26-10-1988
Financial year end
31 December
Peppol
Reachable since 04-12-2025

Board and ownership

Board

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€49,792
▲ 85.9%
Turnover
≈ €180,000
estimated
Profit
€11,828
Equity
€13,948
▲ 558%
Total assets
€62,068
▼ 4.0%
Employees on 31-12-2025
1
=
Score breakdownraises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Equity €13,948 (22.5% of total assets)lowers riskFounded in 1988Figures for financial year 2025 (filed on 26-05-2026)Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 56% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Average
Solvency 47+19
equity 22.5% of total assets
Liquidity 29+3
short-term debt 50.8% · cash 3.8%
Profitability 93+87
return on assets 19.1%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,708 companies, NACE 25, micro)
Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.9%▲ +0.9 percentage points vs 05-2025 07-2025: 1.9%● unchanged vs 06-2025 08-2025: 1.9%● unchanged vs 07-2025 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 1.9%● unchanged vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026highest value 06-2026: 0.6%▼ -1.3 percentage points vs 05-2026lowest value 07-2026: 0.6%● unchanged vs 06-2026lowest value 08-2026: 0.6%● unchanged vs 07-2026lowest value 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.21 (0.79 in 2024), below the usual 1.5. Short-term debt is 50.8% and cash 3.8% of total assets. 77.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro). It does better than 25% of them on solvency, 17% on liquidity, 83% on profitability and 99% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €13,948 (22.5% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 26-05-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 831 sector peers (2025).
NBB · sector comparison
Position among 831 sector peers
Solvency
better than 20%
← weakest strongest →
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
66 days early
2024
65 days early
2023
65 days early
2022
77 days early
2021
69 days early
2020
40 days early
2019
74 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 65 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 94% of companies in fabricated metal productssector median €1.2m · 831 companies €13,948 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointmentsReappointment: Lorenzo CAROTA (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as FERRONNERIE CARDINAEL: manufacture of fabricated metal products, except machinery and equipment (NACE 25120). They are comparable in size and age: total assets between €50,900 and €172,000, founded between 1984 and 2006.

CompanyTotal assetsGross margin
FERRONNERIE CARDINAEL Morlanwelz€62,068€49,792
AGRI CONSTRUCT Leuze-en-Hainaut€171,530€85,406
Etablissements LEONARD Braine-le-Château€71,458€59,733
METALUX Bouillon€79,848€54,136
DELBRUYERE CREATIONS Soignies€82,807€31,426
MBWF Beveren-Kruibeke-Zwijndrecht€65,668€24,583
WEPKA Grez-Doiceau€50,913€33,947
Full comparison

Key facts about FERRONNERIE CARDINAEL

What is the company number of FERRONNERIE CARDINAEL?
The company number of FERRONNERIE CARDINAEL is 0435.501.096. The VAT number is the same number with BE in front: BE 0435.501.096.
Where is FERRONNERIE CARDINAEL based?
The registered office is at Avenue du Centenaire 19, 7141 Morlanwelz.Company details
What does FERRONNERIE CARDINAEL do?
According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25120).
What is the legal form of FERRONNERIE CARDINAEL?
FERRONNERIE CARDINAEL is a private limited company (BV).
When was FERRONNERIE CARDINAEL founded?
FERRONNERIE CARDINAEL was founded on 11-10-1988.
Is FERRONNERIE CARDINAEL still active?
Yes, FERRONNERIE CARDINAEL is an active enterprise in the KBO register.
How many employees does FERRONNERIE CARDINAEL have?
FERRONNERIE CARDINAEL had an average of 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FERRONNERIE CARDINAEL fall under?
In its 2025 annual accounts, FERRONNERIE CARDINAEL states joint committee 111 (Metal, mechanical and electrical engineering).
What is the turnover of FERRONNERIE CARDINAEL?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €49,792 and 1,225 comparable companies of the same size. It probably lies between €94,000 and €340,000. It is a rough estimate.
Is FERRONNERIE CARDINAEL profitable?
In financial year 2025, FERRONNERIE CARDINAEL made a profit of €11,828.
Where can I find the annual accounts of FERRONNERIE CARDINAEL?
FERRONNERIE CARDINAEL filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FERRONNERIE CARDINAEL due?
FERRONNERIE CARDINAEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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