FENNEK
ActiveFENNEK has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152k and a net result of €80k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 55% of 1898 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency86=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.53 against 2.54 in 2024; short-term debt: 38.6% and cash: 82.2% of total assets), and 38.7% 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
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.3%
Return on assets
32%
Age of the figures
9 mo
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 08-05-2026, 84 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
84 d early
2024
14 d late
2023
20 d early
2022
47 d early
2021
48 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€152k=
2024 · €152k
2021: €64k
2022: €112k
2023: €152k
2024: €152k
2021 → 2025
Total assets
€248k▼ 0.5%
2024 · €250k
2021: €112k
2022: €173k
2023: €181k
2024: €250k
2021 → 2025
Net result
€80k▲ 11.7%
2024 · €71k
2021: €59k
2022: €48k
2023: €41k
2024: €71k
2021 → 2025
Working capital
€146k▼ 2.4%
2024 · €150k
2021: €61k
2022: €106k
2023: €147k
2024: €150k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€64k-€112k▲ 74.6%€152k▲ 36.5%€152k=€152k=
Operating result€83k-€67k▼ 19.1%€57k▼ 14.0%€90k▲ 56.9%€101k▲ 11.9%
Net result€59k-€48k▼ 19.0%€41k▼ 14.7%€71k▲ 75.3%€80k▲ 11.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €248k
Fixed assets
€6k▲ 192%
Current assets
€242k▼ 2.2%
Equity and liabilities €248k
Equity
€152k=
Debt
€96k▼ 1.4%
The debt ratio falls from 39.1% to 38.7%. Debt is lower.
Key figures and ratios
EBITDA
€103k▲
2024 · €93k
Cash flow
€82k▲
2024 · €74k
Solvency
61.3%▲
2024 · 60.9%
Current ratio
2.53▼
2024 · 2.54
Quick ratio
2.53▼
2024 · 2.54
Debt / equity
0.63▼
2024 · 0.64
ROE
52.3%▲
2024 · 46.8%
ROA
32.0%▲
2024 · 28.5%
Interest coverage
884.81▲
2024 · 631.77
Debt
€96k▼
2024 · €98k
Debt ≤ 1 year
€96k▼
2024 · €98k
Income taxes
€21k▲
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€250k€248k▼
Fixed assets21/28€2k€6k▲
Tangible fixed assets22/27€2k€6k▲
Plant, machinery and equipment23-€1k
Furniture and vehicles24€2k€5k▲
Current assets29/58€248k€242k▼
Amounts receivable within one year40/41€15k€35k▲
Trade receivables40€14k€35k▲
Other amounts receivable41€1k-
Cash at bank and in hand54/58€229k€204k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€250k€248k▼
Equity10/15€152k€152k=
Contributions10/11€5k€5k=
Reserves13€147k€147k=
Distributable reserves133€147k€147k=
Amounts payable17/49€98k€96k▼
Amounts payable within one year42/48€98k€96k▼
Trade debts44€38€641▲
Suppliers440/4€38€641▲
Taxes, remuneration and social security45€25k€16k▼
Taxes450/3€25k€14k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€72k€80k▲
Accrued charges and deferred income492/3-€400
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€497€499▲
Gross operating margin9900€94k€104k▲
Operating profit (loss)9901€90k€101k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€148€117▼
Recurring financial charges65€148€117▼
Profit (loss) for the period before taxes9903€90k€101k▲
Income taxes67/77€19k€21k▲
Profit (loss) for the period9904€71k€80k▲
Profit (loss) for the period to be appropriated9905€71k€80k▲
Appropriation of the result
Profit (loss) to be appropriated9906€71k€80k▲
Profit to be distributed694/7€71k€80k▲
Return on contributions (dividend)694€71k€80k▲
The notes to these accounts (5 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
08-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €80k ▲11.7%
Operating result €101k, net result €80k, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €41k ▼14.7%
Net result drops to €41k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 6.03
Current ratio from 2.83 to 6.03; short-term debt falls from €58k to €29k.
31-12
Financial
Equity above €150kEq €152k ▲36.5%
3 profitable years in a row build equity to €152k.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €112k ▲74.6%
2 profitable years in a row build equity to €112k.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Liedekerke · 1 establishment unit since 2020
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.
Viooltjeslaan 191770 LiedekerkeGround area
695 m²
Building footprint
132 m²
Volume, LiDAR
659 m³
Parcel 23762E0002/00E007, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FENNEK
since 20202.307.034.142
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23762E0002/00E007 | Flanders | 695 m² | 1 · 132 m² | 7.8 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.
Similar companies · same sector, comparable size
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JAN HERMANS
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KINÉ LECROART F
BE 0839.500.356
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LINDEN CONSULTING & TECHNOLOGY
BE 0830.078.587
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Of 3,153 companies in sector 63920 we hold annual accounts for 1,522. 1,233 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-08-2020
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.