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FERRONS

Active
Private limited company (pre-2019)founded 200818 yrs activeMeersstraat 134, 1742 Ternat, BelgiumKBO/BCE: BE 0899.196.532

FERRONS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €77k and a net result of €26k. Equity is growing by ~38.3% per year across the filed fiscal years. Its solvency ranks better than 26% of 638 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
61 / 100
Healthy▲ +10 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency38▲+22
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.68 against 0.62 in 2023), and 71% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 18 years 0 20 y
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 2024
Solvency, return and age of the figures
Solvency
29%
Return on assets
9.7%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
on the day
2023
12 d early
2022
6 d early
2021
19 d early
2020
27 d late
2019
7 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€77k▲ 47.6%
2023 · €52k
2018: €16k 2019: €15k 2020: €14k 2021: €23k 2022: €37k 2023: €52k
2018 → 2024
Total assets
€267k▼ 1.8%
2023 · €271k
2018: €349k 2019: €311k 2020: €287k 2021: €266k 2022: €279k 2023: €271k
2018 → 2024
Net result
€26k▲ 71.7%
2023 · €15k
2018: €10k 2019: €-1k 2020: €-1k 2021: €8k 2022: €15k 2023: €15k
2018 → 2024
Working capital
€-39k▲ 11.0%
2023 · €-43k
2018: €-32k 2019: €-37k 2020: €-46k 2021: €-51k 2022: €-30k 2023: €-43k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€14k-€23k▲ 58.9%€37k▲ 65.5%€52k▲ 40.3%€77k▲ 47.6%
Operating result€10k-€22k▲ 115%€31k▲ 39.2%€28k▼ 9.4%€52k▲ 82.2%
Net result€-1k-€8k€15k▲ 76.7%€15k▲ 1.9%€26k▲ 71.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60kOperating result 2020: €10k€10kNet result 2020: €-1k€-1kOperating result 2021: €22k€22kNet result 2021: €8k€8kOperating result 2022: €31k€31kNet result 2022: €15k€15kOperating result 2023: €28k€28kNet result 2023: €15k€15kOperating result 2024: €52k€52kNet result 2024: €26k€26k20202021202220232024
The operating result recovers in 2024; 2024 is 82% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €267k
Fixed assets €184k▼ 8.1%
Current assets €82k▲ 16.2%
Equity and liabilities €267k
Equity €77k▲ 47.6%
Debt €189k▼ 13.6%
The debt ratio falls from 80.7% to 71.0%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€70k
2023 · €48k
Cash flow
€45k
2023 · €35k
Solvency
29.0%
2023 · 19.3%
Current ratio
0.68
2023 · 0.62
Quick ratio
0.23
2023 · 0.29
Debt / equity
2.45
2023 · 4.19
ROE
33.4%
2023 · 28.7%
ROA
9.7%
2023 · 5.5%
Interest coverage
6.15
2023 · 7.19
Debt
€189k
2023 · €219k
Debt ≤ 1 year
€121k
2023 · €114k
Debt > 1 year
€65k
2023 · €101k
Income taxes
€14k
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€271k€267k
Fixed assets21/28€201k€184k
Tangible fixed assets22/27€201k€184k
Plant, machinery and equipment23€1k€3k
Other tangible fixed assets26€199k€181k
Current assets29/58€71k€82k
Stocks and contracts in progress3€38k€54k
Stocks30/36€38k€54k
Amounts receivable within one year40/41€2k€2k
Trade receivables40€2k€2k
Current investments50/53-€10k
Cash at bank and in hand54/58€27k€16k
Deferred charges and accrued income490/1€4k€0
Equity and liabilities
Total equity and liabilities10/49€271k€267k
Equity10/15€52k€77k
Contributions10/11€6k€6k=
Reserves13€46k€71k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€44k€69k
Profit (loss) carried forward14€9€29
Amounts payable17/49€219k€189k
Amounts payable after more than one year17€101k€65k
Financial debts170/4€101k€65k
Amounts payable within one year42/48€114k€121k
Current portion of amounts payable after more than one year42€94k€36k
Financial debts43€2k€5k
Credit institutions430/8€2k€5k
Trade debts44€7k€3k
Suppliers440/4€7k€3k
Taxes, remuneration and social security45€8k€15k
Taxes450/3€8k€15k
Other amounts payable47/48€5k€62k
Accrued charges and deferred income492/3€4k€3k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€19k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9k€15k
Other operating charges640/8€4k€3k
Gross operating margin9900€61k€88k
Operating profit (loss)9901€28k€52k
Financial income75/76B€145€0
Recurring financial income75€145€0
Financial charges65/66B€7k€11k
Recurring financial charges65€7k€11k
Profit (loss) for the period before taxes9903€22k€40k
Income taxes67/77€7k€14k
Profit (loss) for the period9904€15k€26k
Profit (loss) for the period to be appropriated9905€15k€26k
Appropriation of the result
Profit (loss) to be appropriated9906€15k€26k
Profit (loss) brought forward from the previous period14P-€9
Transfer to equity691/2€15k€25k
To other reserves6921€15k€25k
Profit to be distributed694/7-€906
Return on contributions (dividend)694-€906

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €26k ▲71.7%
Operating result €52k, net result €26k, both a record.
19-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
12-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €8k
Net result €8k after 2 loss-making years.
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
24-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
11-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
17-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Ternat · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Meersstraat 1341742 Ternat
Ground area
5,139 m²
Building footprint
376 m²
Volume, LiDAR
2,621 m³
Parcel 23071B0028/00E000, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FERRONS
Meersstraat 134, 1742 TernatScientific research and development
since 20082.172.016.080
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23071B0028/00E000 Flanders 5,138 m² 1 · 376 m² 11.5 m · 3 fl.
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

Legal Entity Identifier

984500FB607FA466F094
live in the LEI register

Similar companies · same sector, comparable size

Of 756 companies in sector 72101 we hold annual accounts for 478. 267 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded10-07-2008
Fiscal year end31-12
Activities, NACEBEL
72101Research and development on biotechnology
21100Manufacture of basic pharmaceutical products and pharmaceutical preparations
46190Agents in non-specialised wholesale trade
72109Other research and development on natural sciences
72200Scientific research and development
86901Human health activities
86910Medical imaging and medical laboratories
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.