FENNAN
ActiveThe computed 12-month bankruptcy probability of FENNAN is 4.6% (elevated). The 2025 annual accounts show negative equity (€-420) and a net result of €-933. Its solvency ranks better than 5% of 11195 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency33▼-67
Growth32
Stability82
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, 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.
+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 2025Age of the figures
Age of the figures
8 mo
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€420
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 30-06-2026, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
31 d early
2024
113 d late
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-420
2024 · €513
2024: €513
2024 → 2025
Total assets
€34▼ 93.4%
2024 · €513
2024: €513
2024 → 2025
Net result
€-933▼ 141%
2024 · €-387
2024: €-387
2024 → 2025
Working capital
€-420
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€513-€-420
Operating result€-387-€-861▼ 122%
Net result€-387-€-933▼ 141%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €861 in 2025 against €387 in 2024; the loss grows.
Key figures and ratios
Debt
€454
Debt ≤ 1 year
€454
Ratios withheld: a balance sheet total of €34 is too small for a meaningful ratio.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€513€34▼
Current assets29/58€513€34▼
Cash at bank and in hand54/58€513€34▼
Equity and liabilities
Total equity and liabilities10/49€513€34▼
Equity10/15€513€-420▼
Contributions10/11€900€900=
Outside capital11€900-
Other1109/19€900-
Profit (loss) carried forward14€-387€-1k▼
Amounts payable17/49-€454
Amounts payable within one year42/48-€454
Other amounts payable47/48-€454
Income statement
Code20242025
Other operating charges640/8€387€120▼
Gross operating margin9900-€-741
Operating profit (loss)9901€-387€-861▼
Financial charges65/66B-€72
Recurring financial charges65-€72
Profit (loss) for the period before taxes9903€-387€-933▼
Profit (loss) for the period9904€-387€-933▼
Profit (loss) for the period to be appropriated9905€-387€-933▼
Appropriation of the result
Profit (loss) to be appropriated9906€-387€-1k▼
Profit (loss) brought forward from the previous period14P-€-387
The notes to these accounts (1 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 113 days late
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, Sint-Katelijne-Waver · 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.
Fortsesteenweg 342860 Sint-Katelijne-WaverGround area
3.5 ha
Building footprint
1.0 ha
Volume, LiDAR
94,179 m³
Parcel 12422D0096/00F000, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FENNAN
since 20242.359.787.789
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0096/00F000 | Flanders | 3.5 ha | 1 · 1.0 ha | 13.6 m · 3 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.
Similar companies · same sector, comparable size
ISABELLE ET DANIEL
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TAGESTECH
BE 0452.514.601
La Louvière · Eq €501
Avide
BE 0766.310.886
Temse · Eq €497
Contiland Trading
BE 0438.001.223
Hoogstraten · Eq €472
JANA-SAM
BE 0838.805.718
Sint-Jans-Molenbeek · Eq €456
Of 6,127 companies in sector 46190 we hold annual accounts for 2,554. 215 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-2024
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.