Ferrum Works
ActiveThe computed 12-month bankruptcy probability of Ferrum Works is 1.8% (moderate). The 2025 annual accounts show equity of €213k and a net result of €231k. Its solvency ranks better than 33% of 1030 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency57
Growth-
Track record79
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.1; short-term debt: 19.2% and cash: 0.2% of total assets), and 67.9% 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 risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · 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
32.1%
Return on assets
34.9%
Age of the figures
9 mo
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 21-07-2026, 10 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
10 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Equity
€213k
Total assets
€662k
Net result
€231k
Working capital
€-114k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €662k
Fixed assets
€649k
Current assets
€13k
Equity and liabilities €662k
Equity
€213k
Debt
€449k
Debt finances 67.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€54k
Cash flow
€232k
Solvency
32.1%
Current ratio
0.10
Quick ratio
0.10
Debt / equity
2.11
ROE
108.6%
ROA
34.9%
Interest coverage
6.81
Debt
€449k
Debt ≤ 1 year
€127k
Debt > 1 year
€319k
Income taxes
€4k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€662k
Fixed assets21/28€649k
Tangible fixed assets22/27€4k
Furniture and vehicles24€4k
Financial fixed assets28€645k
Current assets29/58€13k
Amounts receivable within one year40/41€12k
Trade receivables40€12k
Other amounts receivable41€37
Cash at bank and in hand54/58€1k
Deferred charges and accrued income490/1€11
Equity and liabilities
Total equity and liabilities10/49€662k
Equity10/15€213k
Contributions10/11€1k
Reserves13€212k
Distributable reserves133€212k
Amounts payable17/49€449k
Amounts payable after more than one year17€319k
Financial debts170/4€319k
Amounts payable within one year42/48€127k
Current portion of amounts payable after more than one year42€37k
Trade debts44€6k
Suppliers440/4€6k
Taxes, remuneration and social security45€24k
Taxes450/3€7k
Remuneration and social security454/9€16k
Other amounts payable47/48€61k
Accrued charges and deferred income492/3€3k
Income statement
Code2025
Non-recurring operating income76A€45k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€699
Other operating charges640/8€791
Gross operating margin9900€55k
Operating profit (loss)9901€53k
Financial income75/76B€190k
Recurring financial income75€190k
Financial charges65/66B€8k
Recurring financial charges65€8k
Profit (loss) for the period before taxes9903€235k
Income taxes67/77€4k
Profit (loss) for the period9904€231k
Profit (loss) for the period to be appropriated9905€231k
Appropriation of the result
Profit (loss) to be appropriated9906€231k
Transfer to equity691/2€206k
To other reserves6921€206k
Profit to be distributed694/7€25k
Directors or managers695€25k
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
2026
21-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
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, Hasselt · 1 establishment unit since 2023
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.
Sint-Truidersteenweg 2243500 HasseltGround area
510 m²
Building footprint
77 m²
Volume, LiDAR
520 m³
Parcel 71324E0261/00D002, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ferrum Works
since 20232.344.580.565
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0261/00D002 | Flanders | 510 m² | 1 · 77 m² | 9.8 m · 2 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.
Similar companies · same sector, comparable size
DEMATT
BE 0424.214.949
Brussel · Eq €212k
VERMACON
BE 0870.644.482
Lendelede · Eq €213k
M.R.W
BE 0441.897.455
Peer · Eq €212k
METAALCONSTRUCTIE HANSOUL
BE 0476.496.563
Linter · Eq €212k
Thiger
BE 0804.455.246
Ieper · Eq €214k
Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,663 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2023
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
41001General construction of residential buildings
68121Development of residential building projects
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:janssenssven06@gmail.com
Phone:0472372612