A.A. FENNECS

Active

Private limited companyfounded 20196 yrs activeAatstraat 191, 9600 Ronse, BelgiumKBO/BCE: BE 0739.851.563

The computed 12-month bankruptcy probability of A.A. FENNECS is 3.5% (moderate). The latest annual accounts of A.A. FENNECS were filed more than 90 days after the deadline. The 2024 annual accounts show equity of €2k and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 1307 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

No current score

Insufficient figures

A score requires measurable solvency, liquidity and profitability.

Filing: Filed more than 90 days late

Axes · tick = 2023

Profitability0=

Solvency100▲+80

Growth52▲+20

Track record100

Bankruptcy probability, 12 months

3.5% Moderate

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Age of the figures

21 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 52

Relative position

BE, all sectors

reference

Sector 52

higher

← fewer bankruptcies more bankruptcies →

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-03-2026, 214 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

214 d late

2023

59 d late

2022

30 d late

2021

59 d late

2020

58 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€6k▼ 29.4%

2023 · €9k

2023: €9k

2023 → 2024

EBIT margin

-25.8%▲ 9.2pp

2023 · -35.0%

2023: -35.0%

2023 → 2024

Net result

€-2k▲ 49.4%

2023 · €-3k

2020: €-2k 2021: €-5k 2022: €-3k 2023: €-3k

2020 → 2024

Working capital

€-2k▲ 79.0%

2022 · €-10k

2020: €-5k 2021: €-9k 2022: €-10k

2020 → 2023

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€9k€6k▼ 29.4%

Equity€372-€-5k€-8k▼ 62.2%€-718▲ 91.3%€2k

Operating result€-2k-€-5k▼ 190%€-3k▲ 42.6%€-3k▼ 1.5%€-2k▲ 47.9%

Net result€-2k-€-5k▼ 157%€-3k▲ 42.0%€-3k▼ 1.4%€-2k▲ 49.4%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €2k in 2024 against €3k in 2023; the loss shrinks.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€14k€2k▼

Formation expenses20€0-

Fixed assets21/28€1k-

Tangible fixed assets22/27€1k-

Plant, machinery and equipment23€308-

Furniture and vehicles24€980-

Current assets29/58€13k€2k▼

Stocks and contracts in progress3-€0

Amounts receivable within one year40/41€11k€2k▼

Trade receivables40-€2k

Other amounts receivable41€11k-

Current investments50/53-€0

Cash at bank and in hand54/58€164-

Deferred charges and accrued income490/1€2k-

Equity and liabilities

Total equity and liabilities10/49€14k€2k▼

Equity10/15€-718€2k▲

Contributions10/11€3k€3k▲

Profit (loss) carried forward14€-3k€-2k▲

Amounts payable17/49€15k-

Amounts payable within one year42/48€15k-

Trade debts44€14k-

Suppliers440/4€14k-

Taxes, remuneration and social security45€737-

Taxes450/3€737-

Other amounts payable47/48€105-

Income statement Code20232024

Turnover70€9k€6k▼

Goods, raw materials, services and sundry goods60/61-€8k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-

Other operating charges640/8€843-

Gross operating margin9900-€-2k

Operating profit (loss)9901€-3k€-2k▲

Financial charges65/66B€92-

Recurring financial charges65€92-

Profit (loss) for the period before taxes9903€-3k€-2k▲

Profit (loss) for the period9904€-3k€-2k▲

Profit (loss) for the period to be appropriated9905€-3k€-2k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-3k€-2k▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 1Filings 5

2026

02-03

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 214 days late

2024

28-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 59 days late

2023

30-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 30 days late

2022

28-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 59 days late

2021

31-12

Financial Weakest financial yearnet €-5k

Net result drops to €-5k, the lowest in the series; recovery starts the following year.

27-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 58 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

Location & real-estate footprint

Registered office, Ronse · 1 establishment unit since 2019

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Aatstraat 1919600 Ronse

Ground area

132 m²

Building footprint

132 m²

Volume, LiDAR

1,038 m³