FENNAN
ActiveSummary
FENNAN has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€420) and a net result of -€933. Its solvency ranks better than 5% of 13,749 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Official details
Source: KBO- Status
- Active since 07-05-2024 Normal situation
- Activity
- Agents in non-specialised wholesale trade NACE 46190and 1 other
- Establishment unit
- 2.359.787.789 2860 Sint-Katelijne-Waver, since 07-05-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Board and ownership
- BOUTKABOUTE,FouadDirector
- BOUTKABOUTE,Fouadfounderdeed of 10-05-2024
- BOUTKABOUTE,Ibrahimfounderdeed of 10-05-2024
- BOUTKABOUTE,Adilfounderdeed of 10-05-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.4%
- Gross margin
- -€741
- Loss
- €933
- ▲ 141%
- Equity
- -€420
- Total assets
- €34
- ▼ 93.4%
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€420Founded in 2024lowers riskLiquidity: current ratio 0.07, cash €34, halvedSize: total assets €34Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 46, micro). It does better than 6% of them on solvency, 51% on liquidity, 6% on profitability and 3% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 41 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed IncorporationFounding capital of €900, 100 shares · Founders: BOUTKABOUTE, Fouad; BOUTKABOUTE, Ibrahim; BOUTKABOUTE, Adil · Appointment: BOUTKABOUTE, Fouad (director)
Comparable companies
These companies have the same main activity as FENNAN: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €8 and €292, founded between 2002 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| FENNAN Sint-Katelijne-Waver | €34 | -€741 |
| Lifeline Antwerp | €193 | -€2,420 |
| ORTO La Hulpe | €54 | -€513 |
| Logistics & Communication Herstal | €167 | -€768 |
| OPTIMUM CASES Beernem | €8 | -€463 |
| AG AGENCY Antwerp | €292 | -€1,245 |
| SA & S Deinze | €112 | -€480 |
Key facts about FENNAN
- What is the company number of FENNAN?
- The company number of FENNAN is 1009.183.644. The VAT number is the same number with BE in front: BE 1009.183.644.
- Where is FENNAN based?
- The registered office is at Fortsesteenweg 34, 2860 Sint-Katelijne-Waver.Company details
- What does FENNAN do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of FENNAN?
- FENNAN is a private limited company (BV).
- When was FENNAN founded?
- FENNAN was founded on 07-05-2024.
- Is FENNAN still active?
- Yes, FENNAN is an active enterprise in the KBO register.
- What is the turnover of FENNAN?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is FENNAN profitable?
- In financial year 2025, FENNAN made a loss of €933.
- Where can I find the annual accounts of FENNAN?
- FENNAN filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FENNAN due?
- FENNAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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