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FENIX CONSTRUCT

Active
Private limited companyfounded 2024active for 2 yearsRue Somal 5, 5377 Somme-Leuze, BelgiumKBO/BCE: BE 1009.599.259
Summary

The computed 12-month bankruptcy probability of FENIX CONSTRUCT is 10.5% (high). The 2024 annual accounts show equity of €25,312 and a net result of €23,812. Its solvency ranks better than 31% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
≈ €300,000turnover 2024, estimated
Staff
≈ 0.8 FTE, estimated
Equity
€25,312
Profit
€23,812
Turnover estimated from the gross margin
Financial health
32 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
10.5%
Structure
2024 accounts filed 57 days late
Why 32raises risk1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 57 days late; 1 of the last 3 lateFounded in 2024Figures for financial year 2024 (filed 26-09-2025)Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 43% of its sector peers (NACE 41, micro)
Financial strength
Average
Solvency 49
equity 23.7% of total assets
Liquidity 23
short-term debt 76.3% · cash 11.3%
Profitability 97
return on assets 22.3%
Bankruptcy probability, 12 months
10.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,448 companies, NACE 41, micro)
Last 24 months 06-2025: 3.6%lowest value 07-2025: 3.6%● unchanged vs 06-2025lowest value 08-2025: 3.7%▲ +0.1 percentage points vs 07-2025 09-2025: 4.0%▲ +0.3 percentage points vs 08-2025 10-2025: 4.6%▲ +0.6 percentage points vs 09-2025 11-2025: 6.0%▲ +1.4 percentage points vs 10-2025 12-2025: 6.0%● unchanged vs 11-2025 01-2026: 6.1%▲ +0.1 percentage points vs 12-2025 02-2026: 6.1%● unchanged vs 01-2026 03-2026: 6.1%● unchanged vs 02-2026 04-2026: 7.2%▲ +1.1 percentage points vs 03-2026 05-2026: 7.8%▲ +0.6 percentage points vs 04-2026 06-2026: 7.9%▲ +0.1 percentage points vs 05-2026 07-2026: 7.9%● unchanged vs 06-2026 08-2026: 8.4%▲ +0.5 percentage points vs 07-2026 09-2026: 8.4%● unchanged vs 08-2026 10-2026: 10.5%▲ +2.1 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.1, below the usual 1.5; short-term debt: 76.3% and cash: 11.3% of total assets), and 76.3% 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 41, micro): better than 30% on solvency, 18% on liquidity and 80% on profitability.

The bankruptcy probability was computed on 30-10-2026 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.
raises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 57 days late; 1 of the last 3 late
NBB · filings
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2024 (filed 26-09-2025)
NBB · annual accounts
raises risk · 2024 accounts filed 57 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
57 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 57 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Resignation: Gerarts Laurent (director)Appointment: Verdeur Vivian (director)
  2. Registered officeRegistered-office move · Director in…
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2024, micro format

2024 annual accounts filed late (57 days) Filed on 26 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00529516.

Turnover
≈ €300,000
Estimated: probably between €210,000 and €530,000
Total assets
€106,892
Net result
€23,812
Working capital
€8,550

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €106,892
Fixed assets €16,762
Current assets €90,130
Equity and liabilities €106,892
Equity €25,312
Debt €81,580
Debt finances 76.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€34,625
Cash flow
€25,642
Current ratio
1.10
Debt to equity
3.22
ROE
94.1%
ROA
22.3%
Interest coverage
over 100
Debt ≤ 1 year
€81,580
Income taxes
€8,900
Staff costs
€20,615

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 10.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€106,892
Fixed assets21/28€16,762
Tangible fixed assets22/27€16,762
Plant, machinery and equipment23€7,807
Furniture and vehicles24€8,955
Current assets29/58€90,130
Amounts receivable within one year40/41€78,000
Trade receivables40€69,387
Other amounts receivable41€8,613
Cash at bank and in hand54/58€12,130
Equity and liabilities
Total equity and liabilities10/49€106,892
Equity10/15€25,312
Contributions10/11€1,500
Profit (loss) carried forward14€23,812
Amounts payable17/49€81,580
Amounts payable within one year42/48€81,580
Trade debts44€56,256
Suppliers440/4€56,256
Taxes, remuneration and social security45€25,325
Taxes450/3€25,325
Income statement Code2024
Remuneration, social security and pensions62€20,615
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,831
Other operating charges640/8€154
Non-recurring operating charges66A€1,366
Gross operating margin9900€56,760
Operating profit (loss)9901€32,795
Financial charges65/66B€83
Recurring financial charges65€83
Profit (loss) for the period before taxes9903€32,712
Income taxes67/77€8,900
Profit (loss) for the period9904€23,812
Profit (loss) for the period to be appropriated9905€23,812
Appropriation of the result
Profit (loss) to be appropriated9906€23,812

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€20,615
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,831
Other operating charges640/8€154
Non-recurring operating charges66A€1,366
Gross operating margin9900€56,760
Operating profit (loss)9901€32,795
Financial charges65/66B€83
Recurring financial charges65€83
Profit (loss) for the period before taxes9903€32,712
Income taxes67/77€8,900
Profit (loss) for the period9904€23,812
Profit (loss) for the period to be appropriated9905€23,812
Line2024
Assets
Total assets20/58€106,892
Fixed assets21/28€16,762
Tangible fixed assets22/27€16,762
Plant, machinery and equipment23€7,807
Furniture and vehicles24€8,955
Current assets29/58€90,130
Amounts receivable within one year40/41€78,000
Trade receivables40€69,387
Other amounts receivable41€8,613
Cash at bank and in hand54/58€12,130
Equity and liabilities
Total equity and liabilities10/49€106,892
Equity10/15€25,312
Contributions10/11€1,500
Profit (loss) carried forward14€23,812
Amounts payable17/49€81,580
Amounts payable within one year42/48€81,580
Trade debts44€56,256
Suppliers440/4€56,256
Taxes, remuneration and social security45€25,325
Taxes450/3€25,325
Line2024
Profit (loss) for the period9904€23,812
+ Depreciation and write-downs630€1,831
Operating cash flow (approximation)€25,642

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 26-09-2025 2025-00529516

Similar companies · same sector, comparable size

Of the 29,223 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,403. 12,419 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2025
Verdeur Vivian
Director · since 12-11-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Verdeur Vivian
  • Director, from 12-11-2025 to date
Gerarts Laurent
  • Administrateur non statutaire, from 27-05-2024 to 12-11-2025
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 27-05-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 27-05-2024 Incorporation · €1,500 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

FENIX CONSTRUCT was incorporated on 23 May 2024 as a private limited company by one natural person, with a starting capital of €1,500.12 The registered office was moved to Somal in 2025.3 Since 2025, Verdeur Vivian has served as director of the company.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-05-2024
  3. 3Belgian Official Gazette, 02-10-2025
  4. 4Belgian Official Gazette, 01-12-2025

Acts, filings and financial milestones

2025
01-12
Gazette deed Resignation: Gerarts Laurent (director)
Appointment: Verdeur Vivian (director)3 facts ▸
  • General meeting, 12-11-2025
  • Director resignation, Gerarts Laurent (director)
  • Director appointment, Verdeur Vivian (director)
02-10
Gazette deed Registered office
Registered-office move · Director in office3 facts ▸
  • General meeting, 19-08-2025
  • Registered-office move, Rue Somal 5b à 5377 Somal
  • Director in office, Gerarts hament (director)
26-09
NBB filing Annual accounts filed
financial year 2024 · micro format · 57 days late
2024
27-05
Gazette deed Incorporation
Appointment: GERARTS Laurent (administrateur non statutaire) · Founder · Founding capital7 facts ▸
  • Founder, GERARTS Laurent
  • Incorporation, “FENIX CONSTRUCT” (deed in French)
  • Founding capital, €1,500
  • Other provision, “plan financier et responsabilité des fondateurs, préalablement à la constitution” (deed in French)
  • Share issue, “droit égal dans la répartition des bénéfices et des produits de la liquidation, apports” (deed in French)
  • Registered office clause, “5377 Somme-Leuze (Heure), Rue du Champay”, 2 (deed in French)
  • Director appointment, GERARTS Laurent (administrateur non statutaire)
Gazette deedNBB filing
3 of 3 deeds read

Register details

Identification
Legal formPrivate limited company
Founded23-05-2024
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:1009599259
Also 9925:BE1009599259
Registered 23-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1009.599.259

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Somme-Leuze · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
2,970 m²
Building footprint
83 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue du Champay,Heure 2, 5377 Somme-Leuze
General construction of residential buildings
since 2024unit no. 2.371.741.951
2 parcels
Wallonia 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
91120F0085/00Z000 Wallonia 1,688 m² 1 · 83 m² -
91066C0151/00P000 Wallonia 1,282 m² - -
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Tous les travaux d’entreprise générale de construction, l’entreprise de maçonnerie et béton, de construction de bâtiments traditionnels ou…” (deed in French)
26 activities (deed in French)
  1. Tous les travaux d’entreprise générale de construction, l’entreprise de maçonnerie et béton, de construction de bâtiments traditionnels ou préfabriqués de quelques types qu’ils soient
  2. Les travaux de terrassement, les travaux de démolition, les travaux de carrelage, les travaux de plafonnage, de cimentage et de rejointoyage
  3. Les travaux d’installations d’échafaudages, les travaux de nettoyage et sablage de façades, l’isolation thermique et acoustique, les travaux de démolition d’ouvrage d’art, les travaux de forage de sol et installations de pompes à chaleur, les travaux d’égout, de pose de câbles et de canalisations, d’aménagement et d’entretien de plaines de jeux et de sport, de parcs et jardins
  4. L’entreprise de placement de clôtures, l’entreprise de travaux d’étanchéité et de revêtement de constructions par asphaltage et bitumage
  5. L’entreprise de travaux d’assèchement de construction autres que le bitume et l’asphalte
  6. L’entreprise de placement de ferronnerie de volets et de menuiserie métallique et en général tous travaux de construction
  7. Les activités relatives à l’exécution totale ou partielle de travaux de parachèvement ou de coordination de ceux-ci lors de leur exécution par des sous-traitants
  8. La location avec ou sans chauffeur de matériel de construction en général, travaux de coffrage et de ferraillage
  9. La pose de canalisations diverses, montage de cloisons métalliques et de cloisons sèches à base de plâtre
  10. Tous autres travaux d’électricité
  11. Tous travaux de charpente et toiture
  12. Tous travaux de peinture intérieure et extérieure
  13. Tous travaux de menuiserie intérieure et extérieure, placement de parquet
  14. La plantation, les soins et l’entretien de parcs et jardins pour: bâtiments d’habitation privés et publics
  15. Bâtiments publics et semi-publics (écoles, hôpitaux, bâtiments administratifs, églises, etc.)
  16. Terrains municipaux (parcs, espaces verts, cimetières, etc.)
  17. Verdure bordant les voies de communication (axes routiers, voies ferroviaires, berges, ports )
  18. Bâtiments industriels et commerciaux
  19. Verdure pour: bâtiments (jardins de toit, verdure de façade, jardins intérieurs, etc.)
  20. Terrains de sport (terrains de football, parcours de golf, etc.), terrains de jeu, pelouses pour bains de soleil et autres parcs récréatifs
  21. Eaux stagnantes et courantes (bassins, marécages, étangs, piscines, fossés, cours d’eau, installations d’épandage)
  22. Les plantations pour la protection contre le bruit, le vent, l’érosion, la visibilité et l’éblouissement
  23. La chirurgie arboricole, y compris l'élagage des arbres et la taille des haies et la replantation de grands arbres
  24. Les mesures d'aménagement du paysage pour protéger l'environnement et la nature et entretenir le paysage : restauration, remise en culture, zones de rétention, amélioration du sol, bassins d'orage, ...
  25. Placer des toitures vertes
  26. Elagage des arbres et des haies

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
FENIX CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, transfert en Région de Bruxelles-Capitale ou région de langue française de Belgique par décision de l’organe…” (deed in French)

deed of 27-05-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Organe d'administration, un ou plusieurs administrateurs” (deed in French)

deed of 27-05-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, usufruitier et nu-propriétaire inscrits séparément avec droits respectifs” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
2 provisions in the deed

deed of 27-05-2024

Meetings and financial year

General meetingThe meeting of all shareholders, which appoints directors and approves the accounts.
“Dispositions temporaires, comparant unanimite” (deed in French)

deed of 27-05-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Assemblee generale formes modification statuts, tout temps” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 27-05-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Frais représentation,voyages,déplacements en sus, rémunération des administrateurs” (deed in French)
Other provision: “Seul ou conjointement, administrateur-délégué” (deed in French)
Other provision: “Un ou plusieurs commissaires, contrôle de la société” (deed in French)
Other provision: “Assemblée générale tenue et convocation, remise premier jour ouvrable suivant” (deed in French)
Other provision: “Assemblée générale procédure écrite, toutes décisions assemblée générale” (deed in French)
Other provision: “Administrateurs et commissaires, assemblée générale électronique” (deed in French)
Other provision: “Appels de fonds, à leur émission” (deed in French)
Other provision: “Admission assemblee generale, registre titres nominatifs categorie” (deed in French)
Other provision: “Seances_proces-verbaux, siege” (deed in French)
Other provision: “Une par action reserve sans droit vote, deliberations assemblee” (deed in French)
Other provision: “Trois semaines, organe administration” (deed in French)
Liquidation distribution: “Actif net proportion actions biens conserves meme proportion” (deed in French)
Other provision: “Election domicile, siege_pour_communications_sommations_assignations_significations_sauf_autre_domicile_Belgique_vis-a-vis_societe” (deed in French)
Other provision: “Competence judiciaire, societe actionnaires gerants commissaires liquidateurs affaires execution statuts” (deed in French)
3 more provisions in the deed, see the deed of 27-05-2024

deed of 27-05-2024