FENNEC FOUNDRY
ActiveSummary
For FENNEC FOUNDRY, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€34,069) and a net result of -€6,389. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 6% of 1772 sector peers (fiscal year 2023). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability24▼-24
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2023Solvency, return and age of the figures
Solvency
-256.8%
Return on assets
-48.2%
Age of the figures
33 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline01-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 03-03-2025, 215 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
215 d late
2022
71 d late
2021
61 d late
2020
24 d early
2019
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 83 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
€74,526
EBIT margin
-5.4%
Net result
-€6,389▼ 545%
2022 · -€991
Working capital
-€40,508▼ 0.9%
2022 · -€40,165
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€74,526
Operating result€1,671€6,751▲ 304%€6,533▼ 3.2%€2,904▼ 55.5%-€4,034
Net result€8€5,657within the sector's middle half▲ 69,993%€1,833within the sector's middle half▼ 67.6%-€991within the sector's middle half-€6,389below the sector's middle half▼ 545%
EBIT margin-5.4%
Equity-€34,178=-€28,521below the sector's middle half▲ 16.6%-€26,689below the sector's middle half▲ 6.4%-€27,679below the sector's middle half▼ 3.7%-€34,069below the sector's middle half▼ 23.1%
Total assets€29,447▲ 20.0%€29,334below the sector's middle half▼ 0.4%€47,778below the sector's middle half▲ 62.9%€46,794below the sector's middle half▼ 2.1%€13,265below the sector's middle half▼ 71.7%
Debt€63,625▲ 8.3%€57,856▼ 9.1%€74,467▲ 28.7%€74,473=€47,334▼ 36.4%
Working capital-€34,232▲ 2.8%-€28,099below the sector's middle half▲ 17.9%-€33,250below the sector's middle half▼ 18.3%-€40,165below the sector's middle half▼ 20.8%-€40,508below the sector's middle half▼ 0.9%
Solvency-116.1%▲ 23.3pp-97.2%below the sector's middle half▲ 18.8pp-55.9%below the sector's middle half▲ 41.4pp-59.2%below the sector's middle half▼ 3.3pp-256.8%below the sector's middle half▼ 197.7pp
Current ratio0.34▲ 0.150.43below the sector's middle half▲ 0.090.48below the sector's middle half▲ 0.050.44below the sector's middle half▼ 0.040.14below the sector's middle half▼ 0.30
Return on assets (ROA)0.0%▲ 165.0pp19.3%above the sector's middle half▲ 19.3pp3.8%within the sector's middle half▼ 15.4pp-2.1%within the sector's middle half▼ 6.0pp-48.2%below the sector's middle half▼ 46.0pp
above
within
below
the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €4,034 after €2,904 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €13,265
Fixed assets
€6,439 ▼ 56.6%
Current assets
€6,826 ▼ 78.6%
Equity and liabilities
Equity-€34,069
Debt€47,334
Equity is negative: debt (€47,334) exceeds the balance-sheet total (€13,265).
Key figures and ratios
EBITDA
€4,367▼
2022 · €14,088
Cash flow
€2,012▼
2022 · €10,193
Interest coverage
1.77▼
2022 · 3.85
Debt ≤ 1 year
€47,334▼
2022 · €72,119
Debt > 1 year
€0▼
2022 · €2,159
Staff costs
€44
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €74,526 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €72,799 | - |
| Remuneration, social security and pensions62 | - | - | €139 | - | €44 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,368 | €3,901 | €6,364 | €11,184 | €8,401 | ▼ 24.9% |
| Other operating charges640/8 | - | - | €1,768 | €1,094 | €1,089 | ▼ 0.5% |
| Gross operating margin9900 | €7,210 | €11,815 | €14,805 | €15,183 | €5,500 | ▼ 63.8% |
| Operating profit (loss)9901 | €1,671 | €6,751 | €6,533 | €2,904 | -€4,034 | ▼ 239% |
| Financial income75/76B | - | - | - | - | €110 | - |
| Recurring financial income75 | - | - | - | - | €110 | - |
| Financial charges65/66B | - | - | €4,466 | €3,656 | €2,465 | ▼ 32.6% |
| Recurring financial charges65 | €1,399 | €877 | €4,466 | €3,656 | €2,465 | ▼ 32.6% |
| Profit (loss) for the period before taxes9903 | €272 | €5,874 | €2,067 | -€752 | -€6,389 | ▼ 750% |
| Income taxes67/77 | €264 | €218 | €234 | €239 | - | - |
| Profit (loss) for the period9904 | €8 | €5,657 | €1,833 | -€991 | -€6,389 | ▼ 545% |
| Profit (loss) for the period to be appropriated9905 | €8 | €5,657 | €1,833 | -€991 | -€6,389 | ▼ 545% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29,447 | €29,334 | €47,778 | €46,794 | €13,265 | ▼ 71.7% |
| Fixed assets21/28 | €11,837 | €7,937 | €17,289 | €14,840 | €6,439 | ▼ 56.6% |
| Tangible fixed assets22/27 | €11,837 | €7,937 | €17,289 | €14,840 | €6,439 | ▼ 56.6% |
| Plant, machinery and equipment23 | - | - | €12,683 | €14,149 | €6,177 | ▼ 56.3% |
| Furniture and vehicles24 | - | - | €476 | €369 | €262 | ▼ 29.1% |
| Leasing and similar rights25 | - | - | €4,130 | €322 | €0 | ▼ 100% |
| Current assets29/58 | €17,610 | €21,397 | €30,489 | €31,953 | €6,826 | ▼ 78.6% |
| Amounts receivable within one year40/41 | €16,758 | €18,801 | €27,341 | €31,107 | €1,451 | ▼ 95.3% |
| Trade receivables40 | - | - | €27,335 | €31,099 | €1,438 | ▼ 95.4% |
| Other amounts receivable41 | - | - | €7 | €9 | €13 | ▲ 49.0% |
| Cash at bank and in hand54/58 | - | €1,740 | €2,423 | - | - | - |
| Deferred charges and accrued income490/1 | - | - | €725 | €846 | €5,375 | ▲ 535% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29,447 | €29,334 | €47,778 | €46,794 | €13,265 | ▼ 71.7% |
| Equity10/15 | -€34,178 | -€28,521 | -€26,689 | -€27,679 | -€34,069 | ▼ 23.1% |
| Contributions10/11 | €6,300 | - | €6,300 | €6,300 | €6,300 | = |
| Profit (loss) carried forward14 | -€40,478 | -€34,821 | -€32,989 | -€33,979 | -€40,369 | ▼ 18.8% |
| Amounts payable17/49 | €63,625 | €57,856 | €74,467 | €74,473 | €47,334 | ▼ 36.4% |
| Amounts payable after more than one year17 | €11,636 | €8,338 | €10,728 | €2,159 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €10,728 | €2,159 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €51,842 | €49,497 | €63,739 | €72,119 | €47,334 | ▼ 34.4% |
| Current portion of amounts payable after more than one year42 | - | - | €6,868 | €8,253 | €4,563 | ▼ 44.7% |
| Financial debts43 | - | - | - | €7 | €2,147 | ▲ 31,468% |
| Credit institutions430/8 | - | - | - | €7 | €2,147 | ▲ 31,468% |
| Trade debts44 | €4,148 | €10,673 | €16,520 | €17,039 | €316 | ▼ 98.1% |
| Suppliers440/4 | - | - | €16,520 | €17,039 | €316 | ▼ 98.1% |
| Taxes, remuneration and social security45 | - | - | €9,917 | €17,519 | €4,922 | ▼ 71.9% |
| Taxes450/3 | - | - | €9,917 | €14,319 | €4,922 | ▼ 65.6% |
| Remuneration and social security454/9 | - | - | - | €3,200 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €30,433 | €29,301 | €35,386 | ▲ 20.8% |
| Accrued charges and deferred income492/3 | - | - | - | €195 | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8 | €5,657 | €1,833 | -€991 | -€6,389 | ▼ 545% |
| + Depreciation and write-downs630 | €4,368 | €3,901 | €6,364 | €11,184 | €8,401 | ▼ 24.9% |
| Operating cash flow (approximation) | €4,376 | €9,557 | €8,197 | €10,193 | €2,012 | ▼ 80.3% |
| Investment in fixed assets (approximation) | - | €0 | -€15,717 | -€8,735 | €0 | ▲ 100% |
| Change in cash | - | - | €683 | - | - | - |
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
03-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 215 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €5,657 ▲69,993%
Operating result €6,751, net result €5,657, both a record.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Back to profitnet €8
Net result €8 after one loss-making year.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Oupeye · 1 establishment unit since 2017
Ground area
985 m²
Building footprint
341 m²
Volume, LiDAR
1,635 m³
Parcel 62109A0184/00C000, Wallonia · tallest building 12.1 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Fennec Foundry
since 20172.262.244.391
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62109A0184/00C000 | Wallonia | 984 m² | 1 · 341 m² | 12.1 m · 1 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,577 companies in this sector we hold annual accounts for 703. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded06-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
59113Video and film production, excluding cinema and television films
47400Retail sale of information and communication equipment
61200Telecommunications resale and intermediation services
62100Computer programming
62200Computer consultancy and computer facilities management
Contact
Phone
0493094494Oupeye
E-invoicing
Reachable via Peppol
Peppol ID
0208:0672425081
Also
9925:BE0672425081
Registered
19-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.