Liquidity
6.11 was 4.38 in 2024
Short-term debts fell from €42,836 to €27,739.
FERROTRADE
Lifetime
19 annual accounts with figures on one time axis, 24 filings since 2002peak €26,636 (2008)
-€707▼ €6,017
lowest -€2,726 (2020)
-€1,921▼ €4,228
peak €142,205 (2024)
€140,284▼ 1.4%
€29,109▼ 35.9%
peak 1 FTE (2020)
-not published
Board1 name since 2021
1 director
Owners
50%
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €5,311 to -€707Loss of €1,921Appointment: (director) 11-04Debts from €45,403 to €29,109Cash from €2,611 to €9,671
Key points
from the 2025 annual accountsFilings
24 annual accounts since 2002
Ten of the last ten came late. The 2019 accounts came latest: 28 days after the end of the period.
Position in the sector
82.8%
Higher solvency than 89% of companies in retail trade. Sector median 33.3% · 25,281 companies.
Turnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,344 companies had the same profile as FERROTRADE has now. Each dot stands for 31 companies, two years later.
90.1%
were still trading
8.7%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,344 companies, not a prediction for FERROTRADE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
- 50%score equity €11.0m (2025) · 31-03-2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0474239829
Appointment: (director)
General meeting of 24-03-2025 · Gazette deed
First establishment
Bruggestraat 156, Hooglede
Incorporation
published on 14-03-2001 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FERROTRADE Hooglede | €169,393 | -€707 | 82.8% | - |
| NESTAAN ENGINEERING Kortrijk | €155,650 | -€2,261 | 19.8% | - |
| TEVAMA Wetteren | €177,556 | -€3,177 | 96.1% | - |
| L'ARGUS Schaerbeek | €140,260 | €1,117 | 16.0% | - |
| Aquaproof Daktari Tienen | €161,413 | -€67,171 | -51.7% | - |
| HEMACO BELGIUM Zemst | €104,758 | -€23 | 90.2% | - |
| ERICNCO Beveren-Kruibeke-Zwijndrecht | €274,162 | -€16,593 | 21.9% | 0 |
These companies have the same main activity as FERROTRADE: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €105,000 and €274,000, founded between 1995 and 2003.
Official details
Source: KBO- Status
- Active since 05-03-2001Normal situation
- Activity
- Retail sale of hardware, building materials, paint and glass (general range)NACE 47521
- Joint committee
- 149.04Metal trade · annual accounts 2023
- Establishment unit
- 2.116.285.9198830 Hooglede, since 25-04-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Insights on FERROTRADE
FERROTRADE files the micro format. That format states no turnover. The gross margin fell from €19,323 in 2007 to -€707 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FERROTRADE
- What is the company number of FERROTRADE?
- The company number of FERROTRADE is 0474.239.829. The VAT number is the same number with BE in front: BE 0474.239.829.
- Where is FERROTRADE based?
- The registered office is at Bruggestraat 156, 8830 Hooglede.Company details
- What does FERROTRADE do?
- According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
- What is the legal form of FERROTRADE?
- FERROTRADE is a private limited company (BV).
- When was FERROTRADE founded?
- FERROTRADE was founded on 05-03-2001.
- Is FERROTRADE still active?
- Yes, FERROTRADE is an active enterprise in the KBO register.
- How many employees does FERROTRADE have?
- FERROTRADE had an average of 0.2 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- Which joint committee does FERROTRADE fall under?
- In its 2023 annual accounts, FERROTRADE states joint committee 149.04 (Metal trade).
- What is the turnover of FERROTRADE?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
- Is FERROTRADE profitable?
- In financial year 2025, FERROTRADE made a loss of €1,921.
- Where can I find the annual accounts of FERROTRADE?
- FERROTRADE filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FERROTRADE due?
- FERROTRADE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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