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FENRO

Active Private limited companyfounded 2025active for 1 yearOrdingen-Dorp 112, 3800 Sint-TruidenKBO/BCE: BE 1021.032.886

Lifetime

1 annual account with figures
peak €96,559 (2025)
€96,559 
peak €68,053 (2025)
€68,053 
peak €73,053 (2025)
€73,053 
€46,218 
Board2 names since 2025
2 directorsSCHALENBOURG Gerrit Willem Lieven and 1 other
Documentsfilings and deeds
03-07-202628 days before the deadline
2025micro format
Publication in the Belgian Official Gazette 08-08Incorporation 18-031 establishment registeredFirst year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €230,000 estimated

The micro format states no turnover.

Position in the sector

€68,053

Higher net result than 95% of companies in personal services. Sector median €2,801 · 5,762 companies.

Checked score

88
Excellent
Financially stronger than 84% of micro companies in personal services (NACE 96)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 04-2026: 3.6% 05-2026: 3.7%▲ +0.1 percentage points vs 04-2026 06-2026: 3.8%▲ +0.1 percentage points vs 05-2026 07-2026: 4.3%▲ +0.5 percentage points vs 06-2026highest value 08-2026: 0.4%▼ -3.9 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026

Financial strength
Strong

86equity 61.2% of total assets
82short-term debt 38.8% · cash 73.2%
100return on assets 57.1%

Score breakdown

raises risk
Founded in 2025
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 2.42, cash €87,290
Equity €73,053 (61.2% of total assets)
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 96, micro). It does better than 77% of them on solvency, 84% on liquidity and 93% on profitability.

The bankruptcy probability was computed on 10-11-2026 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 very low class on 30-06-2025, 0.1% 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).

Comparable companies, two years later

In July 2024, 11,279 companies had the same profile as FENRO has now. Each dot stands for 29 companies, two years later.

96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of FENRO itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for FENRO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €6,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record

Liquidity is ample, with a current ratio of 2.42, above the usual 1.5. Short-term debt is 38.8% and cash 73.2% of total assets. 38.8% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.42, cash €87,290
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Equity €73,053 (61.2% of total assets)
NBB · annual accounts
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 03-07-2026, 28 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
28 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Board and ownership

  • SCHALENBOURG Gerrit Willem Lieven 2,550 sharesdeed of 18-03-2025
  • VANDEWIJER Katharina Huguette Marcelle Marie-Jeanne Eugenie 2,450 sharesdeed of 18-03-2025
Board & ownership

Recent changes

Publication in the Belgian Official Gazette Gazette deed
First establishment Ordingen-Dorp 112, Sint-Truiden
Incorporation Founding capital of €5,000, 5,000 shares · Founders: SCHALENBOURG Gerrit Willem Lieven and VANDEWIJER Katharina Huguette Marcelle Marie-Jeanne Eugenie · Appointments: SCHALENBOURG Gerrit Willem Lieven (director) and VANDEWIJER Katharina Huguette Marcelle Marie-Jeanne Eugenie (director) · published on 18-03-2025 · Gazette deed
All 4 events

Comparable companies

same main activity, similar in size and age
Company
FENRO Sint-Truiden - - 61.2% -
JANAVINE Vilvoorde €214,861 21.0% 32.4% -
Kapsalon Restyle Barber Beauty Lede - - 39.7% -
MAETHAN Oreye - - 1.8% -
UCCL’HAIR Uccle €193,918 -0.2% 1.6% -
KAPSTER Christa Tienen - - 26.2% -
DC Hair Mol - - 11.1% -

These companies have the same main activity as FENRO: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €87,900 and €161,000, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 14-03-2025Normal situation
Activity
Hairdressing and barber servicesNACE 96210and 4 others
Establishment unit
2.372.537.1533800 Sint-Truiden, since 02-04-2025
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€119,271
Filing
Filed on 03-07-2026, 28 days before the end of the filing period
Financials

Insights on FENRO

FENRO has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,053 and a net result of €68,053.

Its solvency ranks better than 77% of 5,755 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FENRO

What is the company number of FENRO?
The company number of FENRO is 1021.032.886. The VAT number is the same number with BE in front: BE 1021.032.886.
Where is FENRO based?
The registered office is at Ordingen-Dorp 112, 3800 Sint-Truiden.Company details
What does FENRO do?
According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
What is the legal form of FENRO?
FENRO is a private limited company (BV).
When was FENRO founded?
FENRO was founded on 14-03-2025.
Is FENRO still active?
Yes, FENRO is an active enterprise in the KBO register.
What is the turnover of FENRO?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €96,559 and 34 comparable companies (NACE 962). It probably lies between €180,000 and €280,000.Financials
Is FENRO profitable?
In financial year 2025, FENRO made a profit of €68,053.
Where can I find the annual accounts of FENRO?
FENRO filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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