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FEN-O

Active
Private limited companyfounded 2019active for 6 yearsVarestraat 24, 2570 Duffel, BelgiumKBO/BCE: BE 0740.586.684

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of FEN-O is 1.6% (moderate). The 2025 annual accounts show equity of €96,614 and a net result of -€13,045. Equity has been growing by about 21% per year since 2020. Its solvency ranks better than 61% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 30-12-2019 Normal situation
Activity
Joinery installation NACE 43320and 3 others
Establishment unit
2.297.413.227 2570 Duffel, since 30-12-2019
Financial year end
30 September
Peppol
Reachable since 18-12-2025

Board and ownership

Board
  • Fenaux OrryDirector

Financial position

62 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts to 30-09-2025
Turnover
€79,762
Loss
€13,045
Equity
€96,614
▼ 11.9%
Total assets
€171,473
▲ 55.7%
Filed on 18-03-2026, 43 days before the deadlinePDF
Score breakdownraises riskSize: turnover €79,762, total assets €171,473Founded in 2019Sector: Specialised construction activities (NACE 43)Liquidity: current ratio 4.49, cash €3,820, halvedShow the evidence

Checked score

Score 2025
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 35% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 81-19
equity 56.3% of total assets
Liquidity 52-17
short-term debt 11.4% · cash 2.2%
Profitability 6-91
return on assets -7.6%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.8%▲ +0.1 percentage points vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.4%▼ -0.4 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.3%▼ -0.1 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.4%▲ +0.1 percentage points vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 1.5%▲ +1.1 percentage points vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 1.5%● unchanged vs 07-2026 09-2026: 1.5%● unchanged vs 08-2026 10-2026: 1.6%▲ +0.1 percentage points vs 09-2026highest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.49, above the usual 1.5. Short-term debt is 11.4% and cash 2.2% of total assets. 43.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 61% of them on solvency, 47% on liquidity, 10% on profitability and 23% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises riskneutral
raises risk · Size: turnover €79,762, total assets €171,473
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 4.49, cash €3,820, halved
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-03-2026, 43 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
43 days early
2024
63 days early
2023
12 days early
2022
2 days early
2021
1 day early
2020
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 20 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 19 April (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 90% of companies in specialised constructionsector median €10,227 · 34,889 companies -€13,045 View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

Comparable companies

These companies have the same main activity as FEN-O: joinery installation (NACE 43320). They are comparable in size and age: total assets between €153,000 and €195,000, founded between 2017 and 2022.

CompanyTotal assetsGross margin
FEN-O Duffel€171,473-€5,880
VAN GOETHEM GROUP Antwerpen€194,501-€7,090
GG RENO-WOOD Wevelgem€155,912€742
KIDO Saint-Nicolas€163,461-€30,207
RAAM UNIQUE Genk€152,643€636
H.D.B. SCHRIJNWERK EN ZONNEWERING Kapellen€188,066-€42,041
Crea Ligna Essen€178,417-€85,671
Full comparison

Documents

Annual accounts at the NBB

All 6 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about FEN-O

What is the company number of FEN-O?
The company number of FEN-O is 0740.586.684. The VAT number is the same number with BE in front: BE 0740.586.684.
Where is FEN-O based?
The registered office is at Varestraat 24, 2570 Duffel.Company details
What does FEN-O do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of FEN-O?
The legal form of FEN-O is Private limited company (BV).
When was FEN-O founded?
FEN-O was founded on 30-12-2019.
Is FEN-O still active?
Yes, FEN-O is an active enterprise in the KBO register.
What is the turnover of FEN-O?
The turnover of FEN-O was €79,762 in financial year 2025, according to the filed annual accounts.Financials
Is FEN-O profitable?
In financial year 2025, FEN-O made a loss of €13,045.
Where can I find the annual accounts of FEN-O?
FEN-O filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of FEN-O due?
FEN-O must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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