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 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Ferromex Belgium from Hove, company number BE0880315184, closed financial year 2025 with a result of € 3.3 million after tax. For that financial year Ferromex Belgium recorded a gross margin of € -22,084 and equity of € 15.3 million. Compared with financial year 2024, the result moved from € 1.2 million to € 3.3 million. Profitable, and profit is growing. 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 June 29, 2026.
€ 15.3 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.3 million
▲ 164% vs 2024
Profit after tax over the fiscal year.
€ 469,718
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.2 million paid out
36 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 66,209
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20
Loans from banks and other lenders, long and short.
€ 1,047
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 602,720
▲ € 479,350 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -27,150 | € -32,959 | € -15,592 | € -22,084 | ▼ € 6,492 |
| Profit after taxes | € 153,934 | € 652,502 | € 1,233,698 | € 3,258,331 | ▲ 164% |
| Equity | € 13,559,826 | € 12,843,907 | € 13,235,500 | € 15,335,936 | ▲ 16% |
| Total debts | € 582,192 | € 512,842 | € 330,109 | € 1,317,593 | ▲ 299% |
| Cash | € 2,121,752 | € 1,630,010 | € 758,996 | € 469,718 | ▼ 38% |
| Land & buildings | € 691,001 | € 680,097 | € 645,532 | € 612,144 | ▼ 5% |
| Retained profit | € 13,459,826 | € 12,743,907 | € 13,135,500 | € 15,235,936 | ▲ 16% |
| Dividend | € 0 | € 1,368,421 | € 842,105 | € 1,157,895 | ▲ 38% |
| Bank debt | € 15 | € 2,690 | € 20 | € 20 | |
| Balance sheet total | € 14,142,018 | € 13,356,750 | € 13,565,608 | € 16,653,529 | ▲ 23% |
Key figures of Ferromex Belgium, 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 June 2027.
What happened to Ferromex Belgium?
What happened at Ferromex Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3.3 million (▲ 164% vs 2024). Source: NBB ↗
- Koen Smolders became a director. NBB
- Lucien Smolders became a director. NBB
- New establishment in Hove. KBO
- Start of the company according to the CBE. KBO
In short
From € 153,934 profit in 2022 to € 3.3 million profit in 2025.
Paid € 2.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 3.3 million profit.
Paid out € 3.4 million in dividends to the owners in total.
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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
Behind Ferromex Belgium are Koen Smolders and Lucien Smolders. Lucien Smolders is also behind Steelforce Group, TRANSAF BUILDING and KARYCO.
Directors
According to the 2025 annual accounts
Koen Smolders
Director
since 2023
since 2021
Establishments
Establishment units
Physical locations of this company
Diepestraat 21
2540 Hove
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0880.315.184
- VAT number
- BE 0880.315.184
- Registered office
- Diepestraat 21, 2540 Hove
- Names & denominations
- Ferromex Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 2006
- Peppol
- Active · Active since 26 Mar 2026
- Contact
- ferromex-belgium.be [email protected]
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings