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
Fero Group from Willebroek, company number BE0875843187, closed financial year 2025 with a result of € -909,153 after tax. For that financial year Fero Group recorded revenue of € 35.9 million and equity of € 9.4 million. Compared with financial year 2024, the result moved from € -704,068 to € -909,153. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 9.4 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -909,153
▼ 29 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5.1 million
▲ 159% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 8.7 million.
People and assets in 2025
178.8
▲ 4.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 13.8 million
▲ 4% vs 2024
€ 76,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.5 million
▲ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 54.1 million
▼ 8% vs 2024
€ 22,383 is repaid this year. At this pace the long-term loan is gone in ≈ 2325 years.
€ 2.4 million
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 66 days on average.
€ 3 million
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 40,290,828 | € 35,886,799 | ▼ 11% |
| Gross margin | € 2,799,254 | € 22,618,628 | - | - | |
| Profit after taxes | € 93,809 | € -1,887,472 | € -704,068 | € -909,153 | ▼ € 205,085 |
| Equity | € 1,425,117 | € 10,966,814 | € 10,262,746 | € 9,353,593 | ▼ 9% |
| Total debts | € 1,573,703 | € 76,328,948 | € 66,563,839 | € 59,543,538 | ▼ 11% |
| Cash | € 598,182 | € 1,478,993 | € 1,960,167 | € 5,069,833 | ▲ 159% |
| Land & buildings | - | € 14,348 | € 12,605 | € 10,862 | ▼ 14% |
| Retained profit | € 1,367,517 | € 10,347,214 | € 9,643,146 | € 8,733,993 | ▼ 9% |
| Bank debt | € 218,406 | € 68,428,733 | € 59,131,415 | € 54,106,943 | ▼ 8% |
| Balance sheet total | € 2,998,820 | € 87,295,762 | € 76,826,584 | € 68,897,131 | ▼ 10% |
| Employees (FTE) | 46.2 | 166.5 | 174 | 178.8 | ▲ 4.8 |
Key figures of Fero Group, 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 Fero Group?
What happened at Fero Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Friso Haerens stepped down as director. NBB
- Ramudden Global NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 909,153. Source: NBB ↗
- Ramudden Global NV became a director. NBB
- New establishment in Andenne. KBO
- New establishment in Lummen. KBO
- New establishment in Brugge. KBO
- New establishment in Aalter. KBO
In short
From € 93,809 profit in 2022 to € 909,153 loss in 2025.
Paid € 3.8 million in corporate taxes since 2022.
Best year ever: 2022, with € 93,809 profit.
On average € 135,800 of value added per employee in 2023.
A new publication or filing at Fero Group? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Flake Services comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Fero GroupThe shares are held by Ramudden Global (100%) and Flake Services (100%). It owns 100% of Men at Work and 100% of Signaroute itself.
Directors
According to the 2025 annual accounts
Friso Haerens
Director
Also active at: Flake Services, Groep Dillen, FEROKILL, RGI, Safety Truck, Haerens Investments, H-ADVICE, SIGNCO +1 more
since 2022 · until 2030
Director · represented by Freek Haerens
Also active at: Signaroute, MEN AT WORK, Safety Truck, SIGNCO
since 2024 · until 2030
Shareholders
100%
100%
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Jozef De Blockstraat 81
2830 Willebroek
Klaverbladstraat 7A box 6
3560 Lummen
Active since 1 January 2023
Blankenbergse Steenweg 336
8000 Brugge
Active since 1 January 2023
Léon Bekaertlaan 30
9880 Aalter
Active since 1 January 2023
Rue de l'Avenir 15
5300 Andenne
Active since 6 April 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
EPISERVER_AS, SE
Website info
Features
Security
Network
Details
- Company number
- 0875.843.187
- VAT number
- BE 0875.843.187
- Registered office
- Jozef De Blockstraat 81, 2830 Willebroek
- Names & denominations
- Fero Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 September 2005
- Peppol
- Active · Active since 14 Oct 2025
- Contact
- feronv.be
- Activities · NACE
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