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FENICO

Active
Private limited companyfounded 1984active for 41 yearsHeiken 66, 2960 Brecht, Belgium12 active companies are registered at this addressKBO/BCE: BE 0426.595.607
Summary

FENICO has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €9,075. Equity is growing by about 82% per year across the filed financial years. Its solvency ranks better than 37% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
FENICOActiveChecked score 93/100
Risk analysis ReportCompare

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
7th oldest company in Brecht, Real estate sector1 site
Size
€9.5mtotal assets 2025
Equity
€1.7m
Profit
€9,075
Turnover not published (abbreviated format)Net result -98%: merger
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Pecunia Nostra · 100%
Holdings
1
Auditor: Van Herck & Co Bedrijfsrevisoren BV2025 accounts 22 days early6 of 14 deeds summarised
Why 93raises riskLiquidity: current ratio 0.90, cash €82,668lowers riskSize: total assets €9.5mFigures for financial year 2025 (filed 08-04-2026)Founded in 1984Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 43% of its sector peers (NACE 68, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 43-6
equity 18.0% of total assets
Liquidity 48-4
short-term debt 14.8% · cash 0.9%
Profitability 42-20
return on assets 0.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,985 companies, NACE 68, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025highest value 05-2025: < 0.1%▼ -0.1 percentage points vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: 0.1%▲ +0.1 percentage points vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €150,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.9, compared with 2.34 in 2024, below 1; short-term debt: 14.8% and cash: 0.9% of total assets), and 82% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 38% on solvency, 48% on liquidity, 40% on profitability and 47% on growth.

The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €9.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.90, cash €82,668
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 08-04-2026)
NBB · annual accounts
lowers risk · Founded in 1984
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 08-04-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
6 days early
2023
12 days early
2022
2 days early
2021
3 days early
2020
1 day early
2019
18 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 4 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% 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 24 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end26-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Highest result from 2019 to 2025net €366,253 ▲1,564%

Key points

  • Result fell in 2025merger with MARCIS ▼ 97.5% View
  • Positive: 7th oldest company in Brecht, Real estate sectorin the Checked rankings No. 7 View
  • Controlled by Pecunia Nostrathe company in turn controls 1 companies 100% View
  • 3 restructurings since 2023latest: merger with MARCIS 3 View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Positive: 5 profitable years in a rowprofit 2025: €9,075 5 years View

By topic

Financials

Financial year
2025
Total assets
€9.5m
Profit
€9,075
Solvency
18.0%
Total assets▲ 35.1%
Net result
20192025
Go to Financials

Timeline

Events
54
Since
1986
Next accounts
by 30-04-2027
  1. 20-08-2024Restructuring
  2. 23-04-2024Restructuring
  3. 18-04-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
19-12-1984
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
4
Purpose
“De aan-en verkoop,verhuring,beheer van alle onroerende en roerende goederen; Het beheer en…” (deed in Dutch)
Go to Articles of association

Key facts about FENICO

What is the company number of FENICO?
0426.595.607. In Belgium the VAT number is the company number with BE in front: BE 0426.595.607.
Where is FENICO based?
The registered office is at Heiken 66, 2960 Brecht.Company details
What does FENICO do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of FENICO?
Private limited company (BV).
When was FENICO founded?
On 19-12-1984.
Is FENICO still active?
Yes, FENICO is an active enterprise in the KBO register.
What is the turnover of FENICO?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is FENICO profitable?
In financial year 2025, FENICO made a profit of €9,075.
Where can I find the annual accounts of FENICO?
FENICO filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FENICO due?
By 30-04-2027, for financial year 2026.Timeline

Companies related to FENICO

Subsidiaries and holdings

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?Pecunia Nostra · 10 companies How does this company compare with its sector?Sector benchmark

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