Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
FERVAC from Andenne, company number BE0423249602, closed financial year 2025 with a result of € 16,875 after tax. For that financial year FERVAC recorded a gross margin of € 33,613 and equity of € 5,013. Compared with financial year 2024, the result moved from € 11,757 to € 16,875. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 5,013
▲ € 16,875 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,875
▲ 44% vs 2024
Profit after tax over the fiscal year.
€ 11,744
▲ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -15,439.
Debts at end 2025
€ 49,265
▼ 29% vs 2024
€ 20,528 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 18,424 | € 26,457 | € 29,124 | € 33,613 | ▲ 15% |
| Profit after taxes | € -16,293 | € 2,944 | € 11,757 | € 16,875 | ▲ 44% |
| Equity | € -26,564 | € -23,620 | € -11,863 | € 5,013 | ▲ € 16,875 |
| Total debts | € 419,634 | € 382,484 | € 363,599 | € 341,909 | ▼ 6% |
| Cash | - | € 2,826 | € 6,147 | € 11,744 | ▲ 91% |
| Land & buildings | € 371,976 | € 354,888 | € 344,430 | € 333,972 | ▼ 3% |
| Retained profit | € -47,015 | € -44,071 | € -32,314 | € -15,439 | ▲ € 16,875 |
| Bank debt | € 0 | € 87,840 | € 68,955 | € 49,265 | ▼ 29% |
| Balance sheet total | € 393,070 | € 358,864 | € 351,736 | € 346,922 | ▼ 1% |
Key figures of FERVAC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FERVAC?
What happened at FERVAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,875 (▲ 44% vs 2024). Source: NBB ↗
- New establishment in Andenne. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,293 loss in 2022 to € 16,875 profit in 2025.
Best year ever: 2025, with € 16,875 profit.
Management
Behind FERVAC are Frédéric Rambeaux and François Rambeaux. François Rambeaux is also behind Rambeaux-Dor.
Directors
According to the 2025 annual accounts
Frédéric Rambeaux
Director
Establishments
Establishment units
Physical locations of this company
Rue Brun 20
5300 Andenne
Rue de la Faïence 6
5300 Andenne
Active since 1 January 1983
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.249.602
- VAT number
- BE 0423.249.602
- Registered office
- Rue Brun 20, 5300 Andenne
- Names & denominations
- FERVAC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1982
- Peppol
- Not registered