ACTIVE

Ferm

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Financial year 2025 · closed on 31/12/2025

Net result

-348,5 k €

-88.6% YoY

Revenue

549,3 k €

-6.0% YoY

Equity

6,5 M €

-5.1% YoY

Workforce

68,0 ETP

-5.6% YoY

What does Ferm do?

Ferm is a Non-profit organization incorporated in 1972. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Leuven. It employs on average 68,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0412.935.136

Incorporation

24/11/1972

Legal form

Non-profit organization

Registered office

Remylaan 4B
3018 Leuven · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

68,0 ETP

Activities (NACE)

91330Libraries, archives, museums and other cultural activities· main 94992Activities of other membership organisations n.e.c.94992Activities of other membership organisations n.e.c.

Joint committees (2)

329
32901

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	549,3 k €	-6.0%	584,1 k €	+374%	123,2 k €	-40.3%	206,4 k €	+62.2%	127,2 k €	-54.3%	278,2 k €	+38.2%	201,3 k €	-0.1%	201,6 k €	-20.5%	253,6 k €	-14.0%	294,8 k €	-1.0%	297,8 k €	-88.3%	2,5 M €	+311%	618,1 k €	+23.9%	499 k €	-17.7%	606,2 k €	-15.0%	713,4 k €	-4.0%	743 k €	-24.6%	984,9 k €
EBITDA	734,6 k €	+84.6%	397,9 k €	-21.2%	505,2 k €	+391%	-173,6 k €	+11.0%	-195,1 k €	+51.8%	-404,5 k €	-119%	-185,1 k €	-2225%	8,7 k €	+123%	-37,2 k €	-113%	277,4 k €	+38.2%	200,8 k €	-86.2%	1,5 M €	+445%	-421,5 k €	-343%	-95,1 k €	-360%	-20,7 k €	-105%	388,6 k €	+3255%	-12,3 k €	-106%	223,6 k €
Operating result	-322,1 k €	+41.4%	-550 k €	-239%	396,1 k €	+215%	-343 k €	+27.3%	-471,5 k €	+16.8%	-566,3 k €	-170%	-209,6 k €	-23845%	882,8 €	+102%	-46,4 k €	-118%	259,2 k €	+40.0%	185,2 k €	-87.2%	1,4 M €	+436%	-428,7 k €	-277%	-113,6 k €	-207%	-37 k €	-110%	372,3 k €	+2103%	-18,6 k €	-109%	202,4 k €
Net result	-348,5 k €	-88.6%	-184,8 k €	-153%	346,9 k €	+201%	-344,9 k €	+26.7%	-470,3 k €	+11.8%	-533,2 k €	-203%	-176,1 k €		0 €		0 €	-100%	420 k €	+54.3%	272,1 k €	-81.4%	1,5 M €	+3775%	37,7 k €	+137%	-103 k €		–		358,2 k €		0 €	-100%	203,2 k €
Balance sheet
Equity	6,5 M €	-5.1%	6,9 M €	-2.6%	7,1 M €	+5.2%	6,7 M €	+140%	2,8 M €	-14.4%	3,3 M €	-14.0%	3,8 M €	-4.4%	4 M €	0.0%	4 M €	0.0%	4 M €	+11.8%	3,6 M €	+8.3%	3,3 M €	+79.7%	1,8 M €	+2.1%	1,8 M €	-5.4%	1,9 M €	0.0%	1,9 M €	+23.3%	1,5 M €	0.0%	1,5 M €
Total assets	14,9 M €	-4.7%	15,6 M €	+7.8%	14,5 M €	+7.9%	13,4 M €	+81.3%	7,4 M €	-16.5%	8,9 M €	+28.0%	6,9 M €	-15.6%	8,2 M €	-10.0%	9,1 M €	+1.2%	9 M €	+0.6%	9 M €	+5.8%	8,5 M €	+25.9%	6,7 M €	+4.5%	6,4 M €	+6.6%	6 M €	-1.8%	6,2 M €	+1.1%	6,1 M €	+9.3%	5,6 M €
Cash	97,9 k €	+51.0%	64,8 k €	+9.0%	59,5 k €	-20.7%	75 k €	-87.7%	609,7 k €	-62.0%	1,6 M €	+4.8%	1,5 M €	+28.0%	1,2 M €	-49.1%	2,3 M €	-43.2%	4,1 M €	+52.2%	2,7 M €	-39.9%	4,5 M €	+39.5%	3,2 M €	+308%	792,5 k €	+82.7%	433,8 k €	-61.6%	1,1 M €	+147%	457,5 k €	-61.8%	1,2 M €
Debts	6,5 M €	-6.4%	7 M €	+26.9%	5,5 M €	+5.1%	5,2 M €	+50.8%	3,5 M €	-2.8%	3,6 M €	+38.1%	2,6 M €	+11.4%	2,3 M €	-31.8%	3,4 M €	+2.6%	3,3 M €	-2.4%	3,4 M €	+10.1%	3,1 M €	+8.3%	2,9 M €	+7.6%	2,7 M €	-7.8%	2,9 M €	+56.5%	1,8 M €	-21.4%	2,3 M €	+19.3%	2 M €
Other
Workforce	68,0 ETP	-5.6%	72,0 ETP	-2.7%	74,0 ETP	0.0%	74,0 ETP	-4.1%	77,2 ETP	+1.8%	75,8 ETP	+3.1%	73,5 ETP	+1.4%	72,5 ETP	+0.1%	72,4 ETP	0.0%	72,4 ETP	+0.4%	72,1 ETP	-0.1%	72,2 ETP	+0.8%	71,6 ETP	-3.5%	74,2 ETP	-1.2%	75,1 ETP	+0.3%	74,9 ETP	-2.1%	76,5 ETP	-2.8%	78,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 13 active · 68 ended

Active mandates

An Vrancken

Director · since 18 octobre 2025

Active

Katrin Kestens

Director · since 25 mars 2023 · until 22 mars 2025

Active

Pauline Van den Kerckhove

Director · since 25 mars 2023

Active

Anne Laure Vandenborre

Director · since 17 mars 2018

Active

beatrice laura machiels

Director · since 17 mars 2018

Active

hilde rosalia vandenbussche

Director · since 17 mars 2018

Active

ingrid mia vandepitte

Director · since 17 mars 2018

Active

Kathleen Hutsebaut

Director · since 17 mars 2018

Active

leen charlotte dierick

Director · since 17 mars 2018

Active

Nicole Josephine Vranken

Director · since 17 mars 2018

Active

rita martha demaré

Director · since 17 mars 2018

Active

monique de dobbeleer

Director · since 18 mars 2017

Active

Dominique Van Gool

Voorzitter Raad van Bestuur · since 22 octobre 2011 · until 18 octobre 2025

Active

Ended mandates

Katrin Kestens

Director · since 25 mars 2023

Ended

veroncia billen

Director · since 17 mars 2018 · until 21 novembre 2020

Ended

veroncia billen

Director · since 17 mars 2018 · until 31 décembre 2020

Ended

veroncia billen

Director · since 17 mars 2018

Ended

At this address

Other companies at this address

Company	CBE no.
FERM DIENSTENCHEQUES● Active	0893.647.835
Ferm Dienstenonderneming● Active	0460.165.723
Ferm ID● Active	0708.792.856
FERM THUISZORG● Active	0410.877.152
Immo Kwaliteitsfonds● Active	0464.813.310
Mantelzorgnetwerk● Active	0458.872.455

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/04/2026	10/04/2025	22/04/2024	22/09/2023	31/03/2022	27/09/2021
General meeting	28/03/2026	22/03/2025	23/03/2024	25/03/2023	26/03/2022	27/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

25 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	28/03/2026	20/04/2026	Dutch	PDF
Full model	31/12/2024	22/03/2025	10/04/2025	Dutch	PDF
Full model	31/12/2023	23/03/2024	22/04/2024	Dutch	PDF
Full modelCorrection	31/12/2022	25/03/2023	22/09/2023	Dutch	PDF
Full model	31/12/2022	25/03/2023	21/04/2023	Dutch	PDF
Full model	31/12/2021	26/03/2022	31/03/2022	Dutch	PDF
Full modelCorrection	31/12/2020	27/03/2021	27/09/2021	Dutch	PDF
Full modelCorrection	31/12/2020	27/02/2021	09/07/2021	Dutch	PDF
Full model	31/12/2020	27/03/2021	23/04/2021	Dutch	PDF
Full model	31/12/2019	16/05/2020	18/06/2020	Dutch	PDF
Full modelCorrection	31/12/2018	23/03/2019	21/08/2019	Dutch	PDF
Full model	31/12/2018	23/03/2019	15/04/2019	Dutch	PDF
Full model	31/12/2017	17/03/2018	29/03/2018	Dutch	PDF
Full model	31/12/2016	18/03/2017	13/04/2017	Dutch	PDF
Full model	31/12/2015	19/03/2016	05/04/2016	Dutch	PDF
Full model	31/12/2014	21/03/2015	14/04/2015	Dutch	PDF
Full model	31/12/2013	22/03/2014	16/04/2014	Dutch	PDF
Full model	31/12/2012	23/03/2013	23/03/2013	Dutch	PDF
Full modelCorrection	31/12/2011	24/03/2012	07/03/2013	Dutch	PDF
Full model	31/12/2011	24/03/2012	30/03/2012	Dutch	PDF
Full model	31/12/2010	26/03/2011	07/04/2011	Dutch	PDF
Full model	31/12/2009	27/03/2010	12/04/2010	Dutch	PDF
Full model	31/12/2008	28/03/2009	31/03/2009	Dutch	PDF
Full model	31/12/2007	12/04/2008	06/05/2008	Dutch	PDF

View all 25 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 13 active · 68 ended

Active mandates

An Vrancken

Director · since 18 octobre 2025

Active

Katrin Kestens

Director · since 25 mars 2023 · until 22 mars 2025

Active

Pauline Van den Kerckhove

Director · since 25 mars 2023

Active

Anne Laure Vandenborre

Director · since 17 mars 2018

Active

beatrice laura machiels

Director · since 17 mars 2018

Active

hilde rosalia vandenbussche

Director · since 17 mars 2018

Active

ingrid mia vandepitte

Director · since 17 mars 2018

Active

Kathleen Hutsebaut

Director · since 17 mars 2018

Active

leen charlotte dierick

Director · since 17 mars 2018

Active

Nicole Josephine Vranken

Director · since 17 mars 2018

Active

rita martha demaré

Director · since 17 mars 2018

Active

monique de dobbeleer

Director · since 18 mars 2017

Active

Dominique Van Gool

Voorzitter Raad van Bestuur · since 22 octobre 2011 · until 18 octobre 2025

Active

Ended mandates

Katrin Kestens

Director · since 25 mars 2023

Ended

veroncia billen

Director · since 17 mars 2018 · until 21 novembre 2020

Ended

veroncia billen

Director · since 17 mars 2018 · until 31 décembre 2020

Ended

veroncia billen

Director · since 17 mars 2018

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring24/05/2022
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates17/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares29/04/2021
KAPITAAL - AANDELEN
PDF
Mandates23/02/2021
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-348,5 k €↓
2024
Annual accounts 2024-184,8 k €↓
2023
Annual accounts 2023346,9 k €↑
2022
Annual accounts 2022-344,9 k €↑
2020
Annual accounts 2020-470,3 k €↑
2019
Annual accounts 2019-533,2 k €↓
2019
Name changeFerm
2018
Annual accounts 2018-176,1 k €↓
2017
Annual accounts 20170 €↑
2016
Annual accounts 20160 €↓
2015
Annual accounts 2015420 k €↑
2014
Annual accounts 2014272,1 k €↓
2013
Annual accounts 20131,5 M €↑
2012
Annual accounts 201237,7 k €↑
2011
Annual accounts 2011-103 k €↓
2010
Annual accounts 2010
2009
Annual accounts 2009358,2 k €↑
2008
Annual accounts 20080 €↓
2007
Annual accounts 2007203,2 k €
2007
Name changeKVLV, Vrouwen met Vaart
24/11/1972
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Ferm

Overview

What does Ferm do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline