FERTISOL
ActiveFERTISOL has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €963 and a net result of €-211k. Equity is growing by ~31.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 9016 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
7
/ 100
Critical▼ -67 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-7
Solvency9▼-43
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.91 against 1.99 in 2023), and 99.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
0.1%
Return on assets
-26.4%
Age of the figures
20 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 →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9016 sector peers (2024).
NBB · sector comparisonPosition among 9016 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
64 d late
2022
56 d late
2021
31 d late
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€963▼ 99.5%
2023 · €212k
2018: €20k
2019: €21k
2020: €109k
2021: €209k
2022: €209k
2023: €212k
2018 → 2024
Total assets
€800k▼ 16.7%
2023 · €961k
2018: €1.85M
2019: €2.30M
2020: €2.52M
2021: €2.00M
2022: €1.54M
2023: €961k
2018 → 2024
Net result
€-211k
2023 · €3k
2018: €40k
2019: €741
2020: €89k
2021: €100k
2022: €-197
2023: €3k
2018 → 2024
Working capital
€-74k
2023 · €432k
2018: €1.35M
2019: €1.64M
2020: €1.35M
2021: €1.09M
2022: €904k
2023: €432k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€109k-€209k▲ 91.3%€209k▼ 0.1%€212k▲ 1.3%€963▼ 99.5%
Operating result€109k-€142k▲ 29.9%€-139k€12k€-210k
Net result€89k-€100k▲ 12.6%€-197€3k€-211k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €210k after €12k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €800k
Fixed assets
€75k▼ 19.6%
Current assets
€725k▼ 16.4%
Equity and liabilities €800k
Equity
€963▼ 99.5%
Debt
€799k▲ 6.7%
The debt ratio rises from 77.9% to 99.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-177k▼
2023 · €63k
Cash flow
€-179k▼
2023 · €53k
Solvency
0.1%▼
2023 · 22.1%
Current ratio
0.91▼
2023 · 1.99
Quick ratio
0.91▼
2023 · 1.99
ROA
-26.4%▼
2023 · 0.3%
Interest coverage
-127.00▼
2023 · 8.30
Debt
€799k▲
2023 · €749k
Debt ≤ 1 year
€799k▲
2023 · €436k
Staff costs
€95k▲
2023 · €76k
Equity ratios withheld: equity of €963 is too small for a meaningful ratio.
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€961k€800k▼
Fixed assets21/28€93k€75k▼
Tangible fixed assets22/27€87k€69k▼
Plant, machinery and equipment23€60k€46k▼
Furniture and vehicles24€13k€23k▲
Leasing and similar rights25€14k-
Financial fixed assets28€6k€6k=
Current assets29/58€868k€725k▼
Amounts receivable within one year40/41€843k€561k▼
Trade receivables40€209k€235k▲
Other amounts receivable41€634k€326k▼
Cash at bank and in hand54/58€23k€162k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€961k€800k▼
Equity10/15€212k€963▼
Contributions10/11€6k€6k=
Reserves13€13k€13k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€11k€11k=
Profit (loss) carried forward14€193k€-18k▼
Amounts payable17/49€749k€799k▲
Amounts payable after more than one year17€23k-
Financial debts170/4€23k-
Amounts payable within one year42/48€436k€799k▲
Current portion of amounts payable after more than one year42-€2k
Trade debts44€215k€155k▼
Suppliers440/4€215k€155k▼
Advances received on contracts in progress46-€9k
Taxes, remuneration and social security45€16k€21k▲
Taxes450/3€2k-
Remuneration and social security454/9€14k€21k▲
Other amounts payable47/48€205k€612k▲
Accrued charges and deferred income492/3€290k-
Income statement
Code20232024
Remuneration, social security and pensions62€76k€95k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€32k▼
Other operating charges640/8€238€880▲
Gross operating margin9900€139k€-81k▼
Operating profit (loss)9901€12k€-210k▼
Financial income75/76B€1€216▲
Recurring financial income75€1€216▲
Financial charges65/66B€8k€1k▼
Recurring financial charges65€8k€1k▼
Profit (loss) for the period before taxes9903€5k€-211k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€3k€-211k▼
Profit (loss) for the period to be appropriated9905€3k€-211k▼
Appropriation of the result
Profit (loss) to be appropriated9906€193k€-18k▼
Profit (loss) brought forward from the previous period14P€190k€193k▲
Social balance
Average headcount (FTE)90871.01.3▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €-211k ▼7714%
Net result drops to €-211k, the lowest in the series.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 64 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 56 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €100k ▲12.6%
Operating result €142k, net result €100k, both a record.
31-12
Financial
Equity above €200kEq €209k ▲91.3%
4 profitable years in a row build equity to €209k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100kEq €109k ▲429%
3 profitable years in a row build equity to €109k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 68 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zoutleeuw · 1 establishment unit since 2002
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.
Hulsbergstraat 19B3440 ZoutleeuwGround area
936 m²
Building footprint
208 m²
Volume, LiDAR
1,015 m³
Parcel 24017B0198/00C002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FERTISOL
since 20022.131.493.341
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24017B0198/00C002 | Flanders | 936 m² | 1 · 208 m² | 8.4 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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DES-SA
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Of 536 companies in sector 46120 we hold annual accounts for 302. 22 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-01-2002
Fiscal year end31-12
Activities, NACEBEL
46120Wholesale trade
46216Wholesale of agricultural produce and animal feed, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 23 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.