ACTIVE

FERMOD

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Financial year 2025 · closed on 31/12/2025

Net result

87,1 k €

-66.1% YoY

Gross margin

124,3 k €

-64.1% YoY

Equity

882,9 k €

+0.8% YoY

What does FERMOD do?

FERMOD is a Public limited company incorporated in 1989. Its registered office is in Kuurne.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.503.553

Incorporation

25/05/1989

Legal form

Public limited company

Registered office

Pieter Verhaeghestraat 20
8520 Kuurne · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	124,3 k €	-64.1%	346,5 k €	-26.3%	470,5 k €	-30.7%	679,3 k €	+175%	247,5 k €	-40.9%	418,6 k €	-2.3%	428,5 k €	+2.9%	416,3 k €	+22.9%	338,7 k €	+56.0%	217,1 k €		–		85,3 k €	-16.9%	102,7 k €	-8.8%	112,6 k €	+20.1%	93,7 k €	-16.8%	112,7 k €	+2.5%	110,0 k €
EBITDA	120,3 k €	-65.2%	345,4 k €	-23.5%	451,4 k €	-33.5%	678,3 k €	+177%	244,6 k €	-41.0%	414,4 k €	-2.4%	424,4 k €	+3.0%	412,1 k €	+23.4%	333,9 k €	+58.3%	210,9 k €	+117%	97,0 k €	+16.7%	83,1 k €	-14.8%	97,6 k €	-12.9%	112,1 k €	+20.3%	93,2 k €	-16.6%	111,7 k €	+2.8%	108,7 k €
Operating result	118,2 k €	-65.2%	339,9 k €	-28.7%	477,0 k €	-28.6%	668,4 k €	+173%	244,6 k €	-41.0%	414,4 k €	-2.3%	424,3 k €	+3.0%	411,9 k €	+23.4%	333,7 k €	+58.4%	210,6 k €	+117%	96,8 k €	+16.5%	83,1 k €	-14.8%	97,6 k €	-12.9%	112,1 k €	+20.3%	93,2 k €	-28.1%	129,5 k €	+43.1%	90,5 k €
Net result	87,1 k €	-66.1%	257,3 k €	-30.1%	368,4 k €	-29.8%	525,1 k €	+277%	139,2 k €	-42.4%	241,5 k €	-0.1%	241,7 k €	-3.0%	249,2 k €	+25.0%	199,4 k €	+67.8%	118,8 k €	+119%	54,2 k €	+2.9%	52,7 k €	-18.9%	64,9 k €	-5.5%	68,7 k €	+2.6%	67,0 k €	-21.7%	85,5 k €	+57.0%	54,5 k €
Balance sheet
Equity	882,9 k €	+0.8%	875,8 k €	+3.8%	843,4 k €	+4.6%	806,5 k €	+25.9%	640,8 k €	+8.3%	591,6 k €	+12.7%	525,2 k €	+14.5%	458,5 k €	+22.0%	375,8 k €	+11.8%	336,1 k €	+7.6%	312,3 k €	+1.4%	308,1 k €	+0.9%	305,4 k €	+0.6%	303,4 k €	+1.9%	297,7 k €	+1.3%	293,8 k €	+10.8%	265,2 k €
Total assets	3,0 M €	+41.1%	2,1 M €	-9.1%	2,3 M €	-6.1%	2,5 M €	-24.8%	3,3 M €	+24.2%	2,6 M €	+11.3%	2,4 M €	+4.3%	2,3 M €	+20.2%	1,9 M €	+16.7%	1,6 M €	+10.7%	1,5 M €	+114%	680,5 k €	-6.9%	730,8 k €	+29.9%	562,6 k €	-15.4%	665,0 k €	+30.5%	509,7 k €	-12.0%	579,3 k €
Cash	3,7 k €		0,0 €	-100%	1,8 k €		–		48,0 €	-99.0%	4,7 k €	+90030%	5,2 €	-93.3%	76,6 €	+91.1%	40,1 €	+234%	12,0 €		–		–		79,0 €	0.0%	79,0 €	-95.1%	1,6 k €	+1.6%	1,6 k €	+69.0%	933,9 €
Debts	2,1 M €	+70.1%	1,2 M €	-16.5%	1,5 M €	-11.4%	1,6 M €	-37.2%	2,6 M €	+28.8%	2,0 M €	+10.8%	1,8 M €	+1.7%	1,8 M €	+19.8%	1,5 M €	+18.0%	1,3 M €	+11.8%	1,1 M €	+207%	372,4 k €	-12.1%	423,7 k €	+64.3%	257,8 k €	-29.6%	366,3 k €	+69.7%	215,9 k €	-31.2%	313,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 14 ended

Active mandates

2PG GROUP

Managing director · since 05 septembre 2023 · until 04 septembre 2029 · 0441.459.272

Represented by Jan Vanderbeke

Active

Freddy Vanderbeke

Managing director · since 05 septembre 2023 · until 04 septembre 2029

Active

Pierre Haas

Managing director · since 05 septembre 2023 · until 04 septembre 2029

Active

Xavier Haas

Managing director · since 05 septembre 2023 · until 04 septembre 2029

Active

Ended mandates

2PG GROUP

Managing director · since 05 septembre 2023 · until 04 septembre 2029 · 0441.459.272

Represented by Vanderbeke JAN

Ended

2PG GROUP

Mandate · since 20 juin 2019 · until 03 mars 2025 · 0441.459.272

Represented by Jan Vanderbeke

Ended

2PG GROUP

Managing director · since 20 juin 2019 · until 03 mars 2025 · 0441.459.272

Represented by Vanderbeke Jan

Ended

Fred Vanderbeke

Managing director · since 20 juin 2019 · until 03 mars 2025

Ended

At this address

Other companies at this address

Company	CBE no.
2PG GROUP● Active	0441.459.272
GROEP VANDERBEKE● Active	0644.501.454
Linum Charity● Active	0537.393.163
LINUM EUROPE● Active	0424.584.935
PLASTIBAC● Active	0422.488.745
Prihoda● Active	0448.879.970

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	15 months	12 months	12 months	12 months
Filing date	31/08/2026	22/07/2025	26/07/2024	31/03/2023	31/03/2022	30/03/2021
General meeting	31/07/2026	30/06/2025	28/06/2024	06/03/2023	07/03/2022	01/03/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/07/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	22/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	26/07/2024	Dutch	PDF
Abridged model	30/09/2022	06/03/2023	31/03/2023	Dutch	PDF
Abridged model	30/09/2021	07/03/2022	31/03/2022	Dutch	PDF
Abridged model	30/09/2020	01/03/2021	30/03/2021	Dutch	PDF
Abridged model	30/09/2019	02/03/2020	02/04/2020	Dutch	PDF
Abridged model	30/09/2018	04/03/2019	02/04/2019	Dutch	PDF
Abridged model	30/09/2017	05/03/2018	28/03/2018	Dutch	PDF
Abridged model	30/09/2016	06/03/2017	31/03/2017	Dutch	PDF
Abridged model	30/09/2015	07/03/2016	25/08/2016	Dutch	PDF
Abridged model	30/09/2014	02/03/2015	18/03/2015	Dutch	PDF
Full model	30/09/2013	03/03/2014	04/03/2014	Dutch	PDF
Abridged model	30/09/2012	04/03/2013	18/03/2013	Dutch	PDF
Abridged model	30/09/2011	05/03/2012	16/03/2012	Dutch	PDF
Abridged model	30/09/2010	07/03/2011	15/03/2011	Dutch	PDF
Abridged model	30/09/2009	01/03/2010	22/03/2010	Dutch	PDF
Abridged model	30/09/2008	02/03/2009	13/03/2009	Dutch	PDF
Abridged model	30/09/2007	03/03/2008	17/03/2008	Dutch	PDF
Abridged model	30/09/2006	05/03/2007	15/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 4 active · 14 ended

Active mandates

2PG GROUP

Managing director · since 05 septembre 2023 · until 04 septembre 2029 · 0441.459.272

Represented by Jan Vanderbeke

Active

Freddy Vanderbeke

Managing director · since 05 septembre 2023 · until 04 septembre 2029

Active

Pierre Haas

Managing director · since 05 septembre 2023 · until 04 septembre 2029

Active

Xavier Haas

Managing director · since 05 septembre 2023 · until 04 septembre 2029

Active

Ended mandates

2PG GROUP

Managing director · since 05 septembre 2023 · until 04 septembre 2029 · 0441.459.272

Represented by Vanderbeke JAN

Ended

2PG GROUP

Mandate · since 20 juin 2019 · until 03 mars 2025 · 0441.459.272

Represented by Jan Vanderbeke

Ended

2PG GROUP

Managing director · since 20 juin 2019 · until 03 mars 2025 · 0441.459.272

Represented by Vanderbeke Jan

Ended

Fred Vanderbeke

Managing director · since 20 juin 2019 · until 03 mars 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/09/2023
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Registered office28/08/2020
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares23/07/2019
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates07/09/2016
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other26/03/2015
DIVERSEN
PDF
Mandates25/07/2005
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/01/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/03/2004
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 202587,1 k €↓
2024
Annual accounts 2024257,3 k €↓
2023
Annual accounts 2023368,4 k €↓
2022
Annual accounts 2022525,1 k €↑
2019
Annual accounts 2019139,2 k €↓
2018
Annual accounts 2018241,5 k €↓
2017
Annual accounts 2017241,7 k €↓
2016
Annual accounts 2016249,2 k €↑
2015
Annual accounts 2015199,4 k €↑
2014
Annual accounts 2014118,8 k €↑
2013
Annual accounts 201354,2 k €↑
2012
Annual accounts 201252,7 k €↓
2011
Annual accounts 201164,9 k €↓
2010
Annual accounts 201068,7 k €↑
2009
Annual accounts 200967,0 k €↓
2008
Annual accounts 200885,5 k €↑
2007
Annual accounts 200754,5 k €
25/05/1989
IncorporationPublic limited company

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

FERMOD

Overview

What does FERMOD do?

Trend over 17 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