Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Fertiga from Lede, company number BE0680559621, closed financial year 2025 with a result of € -209,845 after tax. For that financial year Fertiga recorded a gross margin of € 98,477 and equity of € 2 million. Compared with financial year 2024, the result moved from € -289,381 to € -209,845. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 28, 2026.
€ 2 million
▲ € 2.2 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -209,845
▲ 27 % less loss than in 2024
Profit after tax over the fiscal year.
€ 745,955
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.4 million.
People and assets in 2025
€ 196,709
▼ 17% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 50,319
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,822
▼ 17% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -259,175 | € -142,379 | € 181,115 | € 98,477 | ▼ 46% |
| Profit after taxes | € -524,652 | € -495,985 | € -289,381 | € -209,845 | ▲ € 79,536 |
| Equity | € 358,158 | € -137,827 | € -194,974 | € 1,969,869 | ▲ € 2.2 million |
| Total debts | € 2,135,741 | € 2,159,832 | € 2,292,387 | € 87,923 | ▼ 96% |
| Cash | € 2,310,193 | € 1,839,190 | € 1,612,836 | € 745,955 | ▼ 54% |
| Retained profit | € -1,440,783 | € -1,936,768 | € -2,226,149 | € -2,435,994 | ▼ € 209,845 |
| Bank debt | € 2,000,000 | € 2,000,000 | € 2,000,000 | € 0 | ▼ 100% |
| Balance sheet total | € 2,493,899 | € 2,022,005 | € 2,097,412 | € 2,057,793 | ▼ 2% |
| Employees (FTE) | 5.4 | 4.4 | 3.1 | - |
Key figures of Fertiga, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Fertiga?
What happened at Fertiga in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Johan Smitz stepped down as director. NBB
- André Rosenthal stepped down as director. NBB
- Olfert Landt stepped down as director. NBB
- Elien Van Hecke stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 209,845. Source: NBB ↗
- Johan Smitz became a director. NBB
- André Rosenthal became a director. NBB
- Olfert Landt became a director. NBB
In short
From € 524,652 loss in 2022 to € 209,845 loss in 2025.
On average € 58,400 of value added per employee in 2024.
Management
Directors
According to the 2025 annual accounts
Johan Smitz
Director
since 2025 · until 2030
André Rosenthal
Director
since 2025 · until 2030
Olfert Landt
Director
since 2025 · until 2030
since 2025 · until 2030
Establishments
Establishment units
Physical locations of this company
Kerkevijverstraat 85
9340 Lede
Laarbeeklaan 103
1090 Jette
Active since 1 December 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0680.559.621
- VAT number
- BE 0680.559.621
- Registered office
- Kerkevijverstraat 85, 9340 Lede
- Names & denominations
- Fertiga
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 2017
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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