Fertigro
ActiveThe computed 12-month bankruptcy probability of Fertigro is 1.7% (moderate). The 2024 annual accounts show equity of €2k and a net result of €12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 15868 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency50▲+50
Growth58=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 · 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 2024Solvency, return and age of the figures
Solvency
24.5%
Return on assets
145.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
49 d late
2022
53 d early
2021
30 d late
2020
60 d late
2019
45 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€2k
2023 · €-10k
2019: €4k
2020: €-6k
2021: €-19k
2022: €-21k
2023: €-10k
2019 → 2024
Total assets
€8k▲ 17.1%
2023 · €7k
2019: €7k
2020: €6k
2021: €7k
2022: €4k
2023: €7k
2019 → 2024
Net result
€12k▲ 0.9%
2023 · €12k
2019: €-17k
2020: €-11k
2021: €-13k
2022: €-2k
2023: €12k
2019 → 2024
Working capital
€4k
2023 · €-8k
2019: €4k
2020: €-7k
2021: €-19k
2022: €-21k
2023: €-8k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-6k-€-19k▼ 196%€-21k▼ 11.0%€-10k▲ 54.4%€2k
Operating result€-8k-€-11k▼ 35.2%€516€14k▲ 2,636%€16k▲ 13.5%
Net result€-11k-€-13k▼ 19.9%€-2k▲ 83.4%€12k€12k▲ 0.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 13% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8k
Fixed assets
€617▼ 34.9%
Current assets
€7k▲ 25.5%
Equity and liabilities €8k
Equity
€2k
Debt
€6k
Debt finances 75.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€16k▲
2023 · €15k
Cash flow
€12k▲
2023 · €12k
Solvency
24.5%▲
2023 · -141.4%
Current ratio
2.11▲
2023 · 0.42
Quick ratio
2.11▲
2023 · 0.42
Debt / equity
3.08▲
2023 · -1.71
ROE
592.4%
ROA
145.3%▼
2023 · 168.7%
Interest coverage
12.41▲
2023 · 6.07
Debt
€6k▼
2023 · €16k
Debt ≤ 1 year
€3k▼
2023 · €14k
Income taxes
€3k▲
2023 · €216
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€7k€8k▲
Fixed assets21/28€947€617▼
Tangible fixed assets22/27€947€617▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€102€44▼
Other tangible fixed assets26€846€573▼
Current assets29/58€6k€7k▲
Amounts receivable within one year40/41€1k€4k▲
Trade receivables40-€126
Other amounts receivable41€1k€4k▲
Cash at bank and in hand54/58€4k€3k▼
Deferred charges and accrued income490/1€230€527▲
Equity and liabilities
Total equity and liabilities10/49€7k€8k▲
Equity10/15€-10k€2k▲
Contributions10/11€21k€21k=
Profit (loss) carried forward14€-30k€-19k▲
Amounts payable17/49€16k€6k▼
Amounts payable within one year42/48€14k€3k▼
Financial debts43€388€754▲
Credit institutions430/8€388€754▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Remuneration and social security454/9€0-
Other amounts payable47/48€13k€0▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€417€330▼
Other operating charges640/8€341€299▼
Non-recurring operating charges66A€0-
Gross operating margin9900€15k€17k▲
Operating profit (loss)9901€14k€16k▲
Financial income75/76B€3€16▲
Recurring financial income75€3€16▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€12k€15k▲
Income taxes67/77€216€3k▲
Profit (loss) for the period9904€12k€12k▲
Profit (loss) for the period to be appropriated9905€12k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-19k▲
Profit (loss) brought forward from the previous period14P€-42k€-30k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2019net €12k ▲0.9%
Operating result €16k, net result €12k, both a record.
31-12
Financial
Liquidity times 5current ratio 2.11
Current ratio from 0.42 to 2.11; short-term debt falls from €14k to €3k.
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after 4 loss-making years.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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, Keerbergen · 1 establishment unit since 2018
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.
Spreeuwweg 303140 KeerbergenGround area
878 m²
Building footprint
154 m²
Volume, LiDAR
962 m³
Parcel 24472G0295/00N000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fertigro
since 20182.283.016.348
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24472G0295/00N000 | Flanders | 878 m² | 1 · 154 m² | 9.2 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.
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Of 537 companies in sector 46120 we hold annual accounts for 303. 35 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-12-2018
Fiscal year end31-12
Activities, NACEBEL
46120Wholesale trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.