FENIXX
ActiveSummary
The computed 12-month bankruptcy probability of FENIXX is 2.3% (moderate). The 2024 annual accounts show equity of €14k and a net result of €1k. Equity is shrinking by ~19% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 21% of 9982 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability70▲+70
Solvency39▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.01 against 0.95 in 2023; short-term debt: 85.1% and cash: 0.7% of total assets), and 86.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
13.7%
Return on assets
1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 9982 sector peers (2024).
NBB · sector comparisonPosition among 9982 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
33 d early
2022
35 d early
2021
10 d late
2020
19 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€14k▲ 8.1%
2023 · €13k
2020: €39khighest in 5 years
2021: €35k▼ -9.8% vs 2020
2022: €36k▲ +2.4% vs 2021
2023: €13k▼ -64.4% vs 2022lowest in 5 years
2024: €14k▲ +8.1% vs 2023
2020 → 2024
Total assets
€101k▼ 1.5%
2023 · €102k
2020: €104k
2021: €138k▲ +32.6% vs 2020highest in 5 years
2022: €100k▼ -27.8% vs 2021lowest in 5 years
2023: €102k▲ +2.2% vs 2022
2024: €101k▼ -1.5% vs 2023
2020 → 2024
Net result
€1k
2023 · €-23k
2020: €31khighest in 5 years
2021: €-4k▼ -112% vs 2020
2022: €836▲ +122% vs 2021
2023: €-23k▼ -2873% vs 2022lowest in 5 years
2024: €1k▲ +104% vs 2023
2020 → 2024
Working capital
€516
2023 · €-4k
2020: €25khighest in 5 years
2021: €16k▼ -33.6% vs 2020
2022: €17k▲ +4.7% vs 2021
2023: €-4k▼ -122% vs 2022lowest in 5 years
2024: €516▲ +114% vs 2023
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€39k-€35k▼ 9.8%€36k▲ 2.4%€13k▼ 64.4%€14k▲ 8.1%
2020: €39khighest in 5 years
2021: €35k▼ -9.8% vs 2020
2022: €36k▲ +2.4% vs 2021
2023: €13k▼ -64.4% vs 2022lowest in 5 years
2024: €14k▲ +8.1% vs 2023
Operating result€39k-€-5k€1k€-22k€3k
2020: €39khighest in 5 years
2021: €-5k▼ -112% vs 2020
2022: €1k▲ +130% vs 2021
2023: €-22k▼ -1681% vs 2022lowest in 5 years
2024: €3k▲ +111% vs 2023
Net result€31k-€-4k€836€-23k€1k
2020: €31khighest in 5 years
2021: €-4k▼ -112% vs 2020
2022: €836▲ +122% vs 2021
2023: €-23k▼ -2873% vs 2022lowest in 5 years
2024: €1k▲ +104% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €3k after a loss of €22k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €101k
Fixed assets
€14k ▼ 38.4%
Current assets
€86k ▲ 9.5%
Equity and liabilities €101k
Equity
€14k ▲ 8.1%
Debt
€87k ▼ 2.9%
Debt's share of the balance-sheet total falls from 87.5% to 86.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▲
2023 · €-9k
Cash flow
€14k▲
2023 · €-10k
Current ratio
1.01▲
2023 · 0.95
Debt to equity
6.27▼
2023 · 6.98
ROE
7.5%▲
2023 · -181.0%
ROA
1.0%▲
2023 · -22.7%
Interest coverage
10.48▲
2023 · -9.41
Debt ≤ 1 year
€86k▲
2023 · €82k
Debt > 1 year
€1k▼
2023 · €7k
Income taxes
€140▲
2023 · €136
Staff costs
€82k▲
2023 · €69k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€102k€101k▼
Fixed assets21/28€24k€14k▼
Intangible fixed assets21€4k€3k▼
Tangible fixed assets22/27€19k€12k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€14k€8k▼
Current assets29/58€79k€86k▲
Stocks and contracts in progress3€11k€0▼
Stocks30/36€1k€0▼
Contracts in progress37€10k€0▼
Amounts receivable within one year40/41€34k€22k▼
Trade receivables40€32k€20k▼
Other amounts receivable41€3k€3k▼
Cash at bank and in hand54/58€15k€721▼
Deferred charges and accrued income490/1€18k€63k▲
Equity and liabilities
Total equity and liabilities10/49€102k€101k▼
Equity10/15€13k€14k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€5k€6k▲
Amounts payable17/49€89k€87k▼
Amounts payable after more than one year17€7k€1k▼
Financial debts170/4€7k€1k▼
Amounts payable within one year42/48€82k€86k▲
Current portion of amounts payable after more than one year42€11k€55k▲
Trade debts44€25k€11k▼
Suppliers440/4€25k€11k▼
Advances received on contracts in progress46€16k€0▼
Taxes, remuneration and social security45€31k€20k▼
Taxes450/3€16k€9k▼
Remuneration and social security454/9€15k€11k▼
Income statement
Code20232024
Remuneration, social security and pensions62€69k€82k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Other operating charges640/8€229€212▼
Gross operating margin9900€60k€98k▲
Operating profit (loss)9901€-22k€3k▲
Financial income75/76B€91€97▲
Recurring financial income75€91€97▲
Financial charges65/66B€935€1k▲
Recurring financial charges65€935€1k▲
Profit (loss) for the period before taxes9903€-23k€1k▲
Income taxes67/77€136€140▲
Profit (loss) for the period9904€-23k€1k▲
Profit (loss) for the period to be appropriated9905€-23k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€6k▲
Profit (loss) brought forward from the previous period14P€28k€5k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €24k | €37k | €69k | €82k | ▲ 19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €11k | €12k | €13k | €13k | ▼ 4.0% |
| Other operating charges640/8 | - | €139 | €338 | €229 | €212 | ▼ 7.7% |
| Gross operating margin9900 | €45k | €30k | €50k | €60k | €98k | ▲ 62.6% |
| Operating profit (loss)9901 | €39k | €-5k | €1k | €-22k | €3k | ▲ 111% |
| Financial income75/76B | - | €2k | €0 | €91 | €97 | ▲ 7.0% |
| Recurring financial income75 | - | €2k | €0 | €91 | €97 | ▲ 7.0% |
| Financial charges65/66B | - | €688 | €431 | €935 | €1k | ▲ 57.3% |
| Recurring financial charges65 | €524 | €688 | €431 | €935 | €1k | ▲ 57.3% |
| Profit (loss) for the period before taxes9903 | €39k | €-4k | €973 | €-23k | €1k | ▲ 105% |
| Income taxes67/77 | €8k | €146 | €137 | €136 | €140 | ▲ 2.3% |
| Profit (loss) for the period9904 | €31k | €-4k | €836 | €-23k | €1k | ▲ 104% |
| Profit (loss) for the period to be appropriated9905 | €31k | €-4k | €836 | €-23k | €1k | ▲ 104% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €104k | €138k | €100k | €102k | €101k | ▼ 1.5% |
| Fixed assets21/28 | €38k | €41k | €31k | €24k | €14k | ▼ 38.4% |
| Intangible fixed assets21 | - | €3k | €2k | €4k | €3k | ▼ 31.5% |
| Tangible fixed assets22/27 | €38k | €38k | €29k | €19k | €12k | ▼ 39.9% |
| Plant, machinery and equipment23 | - | €7k | €6k | €5k | €4k | ▼ 18.8% |
| Furniture and vehicles24 | - | €31k | €23k | €14k | €8k | ▼ 47.2% |
| Current assets29/58 | €66k | €97k | €69k | €79k | €86k | ▲ 9.5% |
| Stocks and contracts in progress3 | - | - | €4k | €11k | €0 | ▼ 100% |
| Stocks30/36 | - | - | €4k | €1k | €0 | ▼ 100% |
| Contracts in progress37 | - | - | - | €10k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €16k | €51k | €37k | €34k | €22k | ▼ 35.1% |
| Trade receivables40 | - | €49k | €35k | €32k | €20k | ▼ 38.0% |
| Other amounts receivable41 | - | €1k | €2k | €3k | €3k | ▼ 1.8% |
| Cash at bank and in hand54/58 | €49k | €44k | €25k | €15k | €721 | ▼ 95.3% |
| Deferred charges and accrued income490/1 | - | €3k | €3k | €18k | €63k | ▲ 251% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €104k | €138k | €100k | €102k | €101k | ▼ 1.5% |
| Equity10/15 | €39k | €35k | €36k | €13k | €14k | ▲ 8.1% |
| Contributions10/11 | - | €8k | €8k | €8k | €8k | = |
| Profit (loss) carried forward14 | €31k | €27k | €28k | €5k | €6k | ▲ 21.5% |
| Amounts payable17/49 | €65k | €103k | €64k | €89k | €87k | ▼ 2.9% |
| Amounts payable after more than one year17 | €24k | €23k | €12k | €7k | €1k | ▼ 83.3% |
| Financial debts170/4 | - | €23k | €12k | €7k | €1k | ▼ 83.3% |
| Amounts payable within one year42/48 | €41k | €81k | €52k | €82k | €86k | ▲ 3.9% |
| Current portion of amounts payable after more than one year42 | - | €10k | €10k | €11k | €55k | ▲ 405% |
| Trade debts44 | €18k | €45k | €12k | €25k | €11k | ▼ 56.6% |
| Suppliers440/4 | - | €45k | €12k | €25k | €11k | ▼ 56.6% |
| Advances received on contracts in progress46 | - | - | - | €16k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €26k | €30k | €31k | €20k | ▼ 34.6% |
| Taxes450/3 | - | €22k | €22k | €16k | €9k | ▼ 42.1% |
| Remuneration and social security454/9 | - | €4k | €7k | €15k | €11k | ▼ 26.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31k | €-4k | €836 | €-23k | €1k | ▲ 104% |
| + Depreciation and write-downs630 | €5k | €11k | €12k | €13k | €13k | ▼ 4.0% |
| Operating cash flow (approximation) | €36k | €7k | €13k | €-10k | €14k | ▲ 242% |
| Investment in fixed assets (approximation) | - | €-14k | €-2k | €-6k | €-4k | ▲ 34.6% |
| Change in cash | - | €-6k | €-18k | €-10k | €-15k | ▼ 51.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €836
Net result €836 after one loss-making year.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Zoutleeuw · 1 establishment unit since 2019
Ground area
687 m²
Building footprint
156 m²
Volume, LiDAR
738 m³
Parcel 24017B0309/00V000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
FENIXX
since 20192.295.815.103
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24017B0309/00V000 | Flanders | 687 m² | 1 · 156 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 4,253 EUR awarded · 4,253 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 4,253 EUR | 4,253 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Al Houss
BE 1017.299.079
Maaseik · Eq €13,840
HM TECH
BE 1000.130.376
Overijse · Eq €13,841
KESBUD
BE 1008.406.456
Kortenberg · Eq €13,833
SVO Instal
BE 1022.427.015
Lille · Eq €13,847
ALGEMENE BOUWWERKEN STAELEN
BE 1006.192.084
Poperinge · Eq €13,832
Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 10,432 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
71121Engineering and related technical consultancy, excluding land surveyors
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
43341Painting of buildings
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.