FENIX VENTURES
ActiveFENIX VENTURES has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-40k) and a net result of €-6k. Equity is shrinking by ~53.7% per year across the filed fiscal years. Its solvency ranks better than 6% of 7031 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-53
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 0.23 in 2024; short-term debt: 194.4% and cash: 15.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 2025Solvency, return and age of the figures
Solvency
-94.4%
Return on assets
-15%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-40k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
61 d late
2023
53 d late
2022
51 d late
2021
125 d late
2020
24 d late
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-40k▼ 18.9%
2024 · €-33k
2018: €13k
2019: €-4k
2020: €1k
2021: €-5k
2022: €-15k
2023: €-32k
2024: €-33k
2018 → 2025
Total assets
€42k▲ 6.8%
2024 · €39k
2018: €23k
2019: €27k
2020: €28k
2021: €30k
2022: €35k
2023: €34k
2024: €39k
2018 → 2025
Net result
€-6k▼ 262%
2024 · €-2k
2018: €-16k
2019: €-16k
2020: €5k
2021: €-7k
2022: €-10k
2023: €-16k
2024: €-2k
2018 → 2025
Working capital
€-66k▼ 18.6%
2024 · €-56k
2018: €-5k
2019: €-24k
2020: €-18k
2021: €-24k
2022: €-35k
2023: €-51k
2024: €-56k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-5k-€-15k▼ 197%€-32k▼ 104%€-33k▼ 5.5%€-40k▼ 18.9%
Operating result€-6k-€-10k▼ 58.3%€-16k▼ 57.7%€-2k▲ 90.4%€-6k▼ 297%
Net result€-7k-€-10k▼ 54.0%€-16k▼ 57.1%€-2k▲ 89.2%€-6k▼ 262%
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 €6k in 2025 against €2k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets
€27k▲ 18.2%
Current assets
€15k▼ 8.4%
Key figures and ratios
EBITDA
€-2k▼
2024 · €1k
Cash flow
€-3k▼
2024 · €833
Solvency
-94.4%▼
2024 · -84.8%
Current ratio
0.19▼
2024 · 0.23
Quick ratio
0.19▼
2024 · 0.23
Debt / equity
-2.06▲
2024 · -2.18
ROA
-15.0%▼
2024 · -4.4%
Interest coverage
-10.95▼
2024 · 4.80
Debt
€81k▲
2024 · €72k
Debt ≤ 1 year
€81k▲
2024 · €72k
Income taxes
€1▼
2024 · €2
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€39k€42k▲
Fixed assets21/28€22k€27k▲
Tangible fixed assets22/27€6k€10k▲
Furniture and vehicles24€6k€10k▲
Financial fixed assets28€17k€17k=
Current assets29/58€17k€15k▼
Amounts receivable within one year40/41€15k€8k▼
Trade receivables40€12k€5k▼
Other amounts receivable41€3k€3k▼
Cash at bank and in hand54/58€40€7k▲
Deferred charges and accrued income490/1€1k€330▼
Equity and liabilities
Total equity and liabilities10/49€39k€42k▲
Equity10/15€-33k€-40k▼
Contributions10/11€25k€25k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€-61k€-68k▼
Amounts payable17/49€72k€81k▲
Amounts payable within one year42/48€72k€81k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Other amounts payable47/48€67k€77k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€456€4k▲
Gross operating margin9900€1k€2k▲
Operating profit (loss)9901€-2k€-6k▼
Financial income75/76B€10€13▲
Recurring financial income75€10€13▲
Financial charges65/66B€217€215▼
Recurring financial charges65€217€215▼
Profit (loss) for the period before taxes9903€-2k€-6k▼
Income taxes67/77€2€1▼
Profit (loss) for the period9904€-2k€-6k▼
Profit (loss) for the period to be appropriated9905€-2k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-61k€-68k▼
Profit (loss) brought forward from the previous period14P€-60k€-61k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
22-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 53 days late
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
03-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 125 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
13-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 44 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
18-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1995
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.
Solbossquare 261050 ElseneGround area
419 m²
Building footprint
229 m²
Volume, LiDAR
4,101 m³
Parcel 21446D0194/00Z007, Brussels · tallest building 21.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Fenix Ventures - Axiom Venture Capital
since 19952.041.320.953
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0194/00Z007 | Brussels | 419 m² | 1 · 229 m² | 21.4 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,901. 1,088 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-10-1988
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74141
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.