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Ferronnerie La Forge

Active
Private limited company·Vervaardiging van metalen constructiewerken en delen daarvan· 3 yrs active
Rue de l'Eglise(RON) 41 ·7623 Brunehaut, Belgium
KBO/BCE: BE 0794.814.733
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Age3 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Ferronnerie La Forge is 2.6% (moderate). The 2024 annual accounts show equity of €24k and a net result of €4k. Its solvency ranks better than 49% of 61 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-06-2025, 57 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 04-06-2025 57 d early 2025-00117707
31-12-2023 31-07-2024 29-08-2024 29 d late 2024-00393008

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.6% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€4k-79.8%
Working capital€-6k+81.0%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 04-06-2025 with the NBB · fiscal year 2024 · volledig
€0€10k€20kOperating result 2023: €22k€22kNet result 2023: €18k€18kOperating result 2024: €5k€5kNet result 2024: €4k€4k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 25 · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 27.9% 28.8%
better than 49% of 61 sector peers
Net result €4k €30k
better than 37% of 61 sector peers
Equity €24k €394k
better than 18% of 61 sector peers
Gross operating margin €28k €528k
better than 11% of 45 sector peers
Total assets €86k €1.47M
better than 6% of 61 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€28k
-39.8% 23-24
Net profit
€4k
-79.8% 23-24
Cash flow
€26k
-38.0% 23-24
Total assets
€86k
+14.2% 23-24
Equity
€24k
+18.2% 23-24
Working capital
€-6k
+81.0% 23-24
Income taxes
€1k
-62.1% 23-24
Debt
€62k
+12.8% 23-24
Debt ≤ 1y
€62k
+12.8% 23-24
Current ratio
0.91
+101.7% 23-24
Quick ratio
0.68
+51.5% 23-24
Solvency
27.9%
+3.5% 23-24
Debt / equity
2.58
-4.6% 23-24
ROE
15.4%
-82.9% 23-24
ROA
4.3%
-82.3% 23-24
Interest coverage
231.17
-77.4% 23-24
Figures by fiscal year
Fiscal year2024
Depositvolledig
Revenue-
EBITDA€28k
Net profit€4k
Cash flow€26k
Staff costs-
Income taxes€1k
Dividends-
Total assets€86k
Equity€24k
Debt€62k
of which ≤ 1y€62k
of which > 1y-
Working capital€-6k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.91
Quick ratio0.68
Working capital ratio-6.7%
Solvency27.9%
Debt / equity2.58
Long-term debt ratio-
Interest coverage231.17
Gross margin-
Net margin-
ROA4.3%
ROE15.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€86k
Fixed assets 21/28€30k
Tangible fixed assets 22/27€30k
Current assets 29/58€56k
Stocks & contracts in progress 3€14k
Amounts receivable within one year 40/41€22k
Cash & bank 54/58€19k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€86k
Equity 10/15€24k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€22k
Amounts payable 17/49€62k
Amounts payable within one year 42/48€62k
Trade debts payable within one year 44€11k
Income statement
Gross operating margin 9900€28k
Operating result 9901€5k
Financial income 75€38
Financial charges 65€119
Result before taxes 9903€5k
Income taxes 67/77€1k
Net result for the period 9904€4k
Result to be appropriated 9905€4k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
58 / 100 Fair
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Rue de l'Eglise(RON) 417623 Brunehaut

Establishment units

1 location
Ferronnerie La Forge
Rue de l'Eglise(RON) 41, 7623 BrunehautVervaardiging van metalen constructiewerken en delen daarvan
since 20222.339.929.119
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,519 m²
Buildings1
Building footprint137 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57070C0318/00D000 Wallonia 1,519 m² 1 · 137 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health58Profitability77Solvency41Growth52Stability94
64 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 58
Profitability 77
Solvency 41
Growth 52
Stability 94

Ask AI about this company

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Vervaardiging van metalen constructiewerken en delen daarvan25110Vervaardiging van metalen constructiewerken en delen daarvan25110Smeden van metaal25401Bewerken van metaal en poedermetallurgie25402Smeden van metaal25501Persen, stampen en profielwalsen van metaal; poedermetallurgie25502Verspanend bewerken van metalen25530Verspanend bewerken van metalen25620Vervaardiging van overige artikelen van metaal, n.e.g.25999Vervaardiging van overige producten van metaal, neg25999
Primary activity highlighted.
Names & trade names
Legal nameFR Ferronnerie La Forge
Registered office
Rue de l'Eglise(RON) 41
7623 Brunehaut, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.