FENLOR
ActiveFENLOR has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €-28k. Its solvency ranks better than 23% of 13936 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability10
Solvency27
Growth-
Track record67
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.01; short-term debt: 27.2% and cash: 0% of total assets), and 98.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
1.8%
Return on assets
-7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 13936 sector peers (2025).
NBB · sector comparisonPosition among 13936 sector peers
Solvency
better than 23%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€7k
Total assets
€399k
Net result
€-28k
Working capital
€-107k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €399k
Fixed assets
€397k
Current assets
€1k
Equity and liabilities €399k
Equity
€7k
Debt
€392k
Debt finances 98.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€-19k
Cash flow
€-26k
Solvency
1.8%
Current ratio
0.01
Quick ratio
0.01
Debt / equity
54.04
ROE
-383.1%
ROA
-7.0%
Interest coverage
-2.80
Debt
€392k
Debt ≤ 1 year
€109k
Debt > 1 year
€283k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€399k
Fixed assets21/28€397k
Tangible fixed assets22/27€397k
Land and buildings22€397k
Current assets29/58€1k
Amounts receivable within one year40/41€948
Other amounts receivable41€948
Cash at bank and in hand54/58€118
Deferred charges and accrued income490/1€249
Equity and liabilities
Total equity and liabilities10/49€399k
Equity10/15€7k
Contributions10/11€35k
Profit (loss) carried forward14€-28k
Amounts payable17/49€392k
Amounts payable after more than one year17€283k
Financial debts170/4€283k
Amounts payable within one year42/48€109k
Current portion of amounts payable after more than one year42€12k
Trade debts44€2k
Suppliers440/4€2k
Other amounts payable47/48€95k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€2k
Gross operating margin9900€-17k
Operating profit (loss)9901€-21k
Financial charges65/66B€7k
Recurring financial charges65€7k
Profit (loss) for the period before taxes9903€-28k
Profit (loss) for the period9904€-28k
Profit (loss) for the period to be appropriated9905€-28k
Appropriation of the result
Profit (loss) to be appropriated9906€-28k
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
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Erpe-Mere · 1 establishment unit since 2024
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.
Beekstraat 1249420 Erpe-MereGround area
560 m²
Building footprint
136 m²
Volume, LiDAR
620 m³
Parcel 41040A0856/00L000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FENLOR
since 20242.366.950.943
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41040A0856/00L000 | Flanders | 560 m² | 1 · 136 m² | 9.6 m · 2 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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MDNGROUP MONS
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IMMO SELENATI
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Of 7,322 companies in sector 68110 we hold annual accounts for 5,381. 1,632 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-11-2024
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.