FencePlus
FencePlus has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €370k and a net result of €91k. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 7779 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
| Equity | €370k |
| Net result | €91k |
| Better than sector | 85% |
| Active | 9 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 82.4% | 44.6% | |
| Net result | €91k | €31k | |
| Equity | €370k | €395k | |
| Gross operating margin | €126k | €210k | |
| Employees (FTE) | 0.0 | 3.0 |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €125k | €112k | - | €146k | €94k |
| Net profit | €91k | €77k | €65k | €106k | €68k |
| Cash flow | €92k | €77k | - | €106k | €68k |
| Staff costs | - | - | - | - | - |
| Income taxes | €30k | €33k | €22k | €39k | €23k |
| Dividends | €0 | €50k | €50k | - | - |
| Total assets | €450k | €380k | €365k | €321k | €262k |
| Equity | €370k | €279k | €252k | €237k | €130k |
| Debt | €79k | €101k | €113k | €85k | €132k |
| of which ≤ 1y | €77k | €98k | €111k | €83k | €128k |
| of which > 1y | - | - | - | - | - |
| Working capital | €371k | €279k | €254k | €238k | €134k |
| Employees (FTE) | 0.0 | 0.0 | 0.0 | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 5.85 | 3.84 | 3.30 | 3.86 | 2.04 |
| Quick ratio | 5.00 | 3.12 | 2.68 | 3.04 | 1.65 |
| Working capital ratio | 82.6% | 73.5% | 69.7% | 74.1% | 51.1% |
| Solvency | 82.4% | 73.5% | 69.0% | 73.6% | 49.7% |
| Debt / equity | 0.21 | 0.36 | 0.45 | 0.36 | - |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 45.13 | 54.59 | - | 89.03 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 20.3% | 20.3% | 17.9% | 33.0% | 25.8% |
| ROE | 24.6% | 27.7% | 25.9% | 44.9% | 51.9% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €450k | €380k | €365k | €321k | €262k |
| Fixed assets | 21/28 | €1k | €2k | - | - | €0 |
| Tangible fixed assets | 22/27 | €1k | €2k | - | - | €0 |
| Current assets | 29/58 | €448k | €378k | €365k | €321k | €262k |
| Stocks & contracts in progress | 3 | €65k | €71k | €69k | €68k | €51k |
| Amounts receivable within one year | 40/41 | €30k | €39k | €62k | €42k | €55k |
| Cash & bank | 54/58 | €353k | €267k | €234k | €211k | €155k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €450k | €380k | €365k | €321k | €262k |
| Equity | 10/15 | €370k | €279k | €252k | €237k | €130k |
| Contributions / capital | 10/11 | €20k | €20k | €20k | €20k | - |
| Reserves | 13 | €350k | €259k | €232k | €217k | €110k |
| Accumulated profits (losses) | 14 | €0 | €0 | €0 | - | - |
| Amounts payable | 17/49 | €79k | €101k | €113k | €85k | €132k |
| Amounts payable within one year | 42/48 | €77k | €98k | €111k | €83k | €128k |
| Trade debts payable within one year | 44 | €61k | €74k | €43k | €24k | €39k |
| Income statement | ||||||
| Gross operating margin | 9900 | €126k | €113k | €85k | €148k | €100k |
| Operating result | 9901 | €124k | €112k | €87k | €146k | €93k |
| Financial income | 75 | €94 | €552 | €950 | €68 | €1k |
| Financial charges | 65 | €3k | €2k | €1k | €2k | €4k |
| Result before taxes | 9903 | €122k | €111k | €87k | €145k | €90k |
| Income taxes | 67/77 | €30k | €33k | €22k | €39k | €23k |
| Net result for the period | 9904 | €91k | €77k | €65k | €106k | €68k |
| Result to be appropriated | 9905 | €91k | €77k | €65k | €106k | €68k |
Historic, not recently confirmed (2)
-
Dollar ConsultLimited partnershipDirector· perm. rep.: VANDRIES ViktorState Gazette act 20018348 (31-01-2020)Not recently confirmedlast confirmed in an act from 2020
-
KV ManagementLimited partnershipDirector· perm. rep.: VANDRIES KamielState Gazette act 20018348 (31-01-2020)Not recently confirmedlast confirmed in an act from 2020
Former directors (2)
-
Former- → 01-01-2020
-
Former- → 01-01-2020
| NACE primary | Non-specialised wholesale trade(46900) |
| Legal form | Private limited company(610) |
| Incorporation | 17-01-2017 |
| Status | Active |
| Postal code | 2200 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027A0023/02E000 | Flanders | 8,276 m² | 1 · 1,818 m² | 7.1 m · 2 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
02-12-2025 Registered office moved from Beringen to Herentals
- De Weven 11, 3583 Beringen → Welvaartstraat 10, 2200 Herentals
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Herentals",
"region": null,
"street": "Welvaartstraat",
"country": "BE",
"postcode": "2200",
"box_number": null,
"street_number": "10"
},
"old_address": {
"city": "Beringen",
"region": null,
"street": "De Weven",
"country": "BE",
"postcode": "3583",
"box_number": null,
"street_number": "11"
},
"effective_date": "2025-11-24",
"evidence_quote": "2. Wijziging van het adres van de maatschappelijke zetel. De vergadering beslist om het adres van de zetel te verplaatsen naar 2200 Herentals, Welvaartstraat 10."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0669.657.118",
"name_full": "K \u0026 V PROJECTS",
"legal_form": "BV"
}
}24-07-2024 Transaction in capital or shares
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0669.657.118",
"name_full": "K \u0026 V PROJECTS",
"legal_form": "BVBA"
}
}16-09-2022 Transaction in capital or shares
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0669.657.118",
"name_full": "K \u0026 V PROJECTS",
"legal_form": "BVBA"
}
}31-01-2020 2 directors appointed, 2 resigning
- VANDRIES Kamiel, Bestuurder
- VANDRIES Viktor, Bestuurder
- VANDRIES Kamiel, Bestuurder
- VANDRIES Viktor, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "VANDRIES Kamiel",
"address": null,
"birth_date": null
},
"effective_date": "2020-01-01",
"evidence_quote": "De vergadering besluit ontslag en kwijting te verlenen als bestuurder aan de heren VANDRIES Kamiel en VANDRIES Viktor met ingang van 1/1/2020.",
"discharge_granted": true
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "VANDRIES Viktor",
"address": null,
"birth_date": null
},
"effective_date": "2020-01-01",
"evidence_quote": "De vergadering besluit ontslag en kwijting te verlenen als bestuurder aan de heren VANDRIES Kamiel en VANDRIES Viktor met ingang van 1/1/2020.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "VANDRIES Kamiel",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0735803495",
"name": "KV Management CommV",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2020-01-01",
"evidence_quote": "De vergadering besluit met \u00E9\u00E9nparigheid van stemmen te benoemen tot bestuurders, met ingang van 1/1/2020 en dit voor onbepaalde duur, die aanvaarden: \u2022KV Management CommV, met zetel te 3582 Beringen, Dennenbosstraat 1, ingeschreven in het rechtspersonenregister te Antwerpen, afdeling Hasselt, onder "
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "VANDRIES Viktor",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0735803693",
"name": "Dollar Consult CommV",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2020-01-01",
"evidence_quote": "De vergadering besluit met \u00E9\u00E9nparigheid van stemmen te benoemen tot bestuurders, met ingang van 1/1/2020 en dit voor onbepaalde duur, die aanvaarden: \u2022Dollar Consult CommV, met zetel te 3582 Beringen, Schrikheidestraat 174, ingeschreven in het rechtspersonenregister te Antwerpen, afdeling Hasselt, o"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0669.657.118",
"name_full": "K \u0026 V PROJECTS",
"legal_form": "BVBA"
}
}19-01-2017 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "De Weven 11, 3583 Beringen",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1988-08-21",
"name": "VANDRIES Kamiel",
"niss": null,
"address": "Schansstraat 36, 3550 Heusden-Zolder"
},
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "VANDRIES Kamiel",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 10000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1990-07-09",
"name": "VANDRIES Viktor",
"niss": null,
"address": "Schansstraat 36, 3550 Heusden-Zolder"
},
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "VANDRIES Viktor",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 10000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 20000,
"subject_company": {
"kbo": "0669.657.118",
"name_full": "K\u0026V PROJECTS",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2017-01-17",
"post_incorporation_mandates": []
}| Legal nameNL | FencePlus |