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FETIS IMMO

Active
Private limited company (pre-2019)founded 200719 yrs activeAvenue de la Déportation 25, 5500 Dinant, BelgiumKBO/BCE: BE 0891.154.440
Summary

FETIS IMMO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €201,859 and a net result of €2,997. Equity remains stable across the filed fiscal years (±1.9% per year). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability69=
Solvency59▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity short (current ratio 0.1 against 0.11 in 2023; short-term debt: 21% and cash: 2.1% of total assets), and 66.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 · 10 filings
Deviation from the deadline
2025
31 d early
2024
32 d early
2023
32 d early
2022
82 d early
2021
40 d late
2020
3 d late
2019
5 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 20 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 30 June (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 31 July 2007, FETIS IMMO was incorporated.1 Jean de Ghellinck d'Elseghem Vaernewyck has served as director of the company since 2026.2 Total assets went from EUR 448,309 in 2018 to EUR 594,590 in 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 16-07-2026
  3. 3National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€58,724
EBIT margin
24.8%
Net result
€2,997▲ 67.1%
2023 · €1,794
Working capital
-€112,373▼ 3.4%
2023 · -€108,669
Trend over the years
In euros
In euros
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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€58,724
Operating result€10,329▼ 39.8%€8,971▼ 13.1%€14,536▲ 62.0%€7,346▼ 49.5%€8,604▲ 17.1%
Net result€903▼ 88.4%€2,358▲ 161%€6,848▲ 190%€1,794▼ 73.8%€2,997▲ 67.1%
EBIT margin24.8%
Equity€187,862▲ 0.5%€190,220▲ 1.3%€197,068▲ 3.6%€198,862▲ 0.9%€201,859▲ 1.5%
Total assets€673,056▲ 22.6%€653,462▼ 2.9%€633,209▼ 3.1%€618,415▼ 2.3%€594,590▼ 3.9%
Debt€485,194▲ 34.1%€463,242▼ 4.5%€436,141▼ 5.9%€419,553▼ 3.8%€392,731▼ 6.4%
Working capital-€94,523▼ 56.8%-€97,430▼ 3.1%-€101,527▼ 4.2%-€108,669▼ 7.0%-€112,373▼ 3.4%
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000Operating result 2020: €10,329€10,329Net result 2020: €903€903Operating result 2021: €8,971€8,971Net result 2021: €2,358€2,358Operating result 2022: €14,536€14,536Net result 2022: €6,848€6,848Operating result 2023: €7,346€7,346Net result 2023: €1,794€1,794Operating result 2024: €8,604€8,604Net result 2024: €2,997€2,99720202021202220232024€0€5,000€10,000€15,000Operating result 2022: €14,536€14,500Net result 2022: €6,848€6,850Operating result 2023: €7,346€7,350Net result 2023: €1,794€1,790Operating result 2024: €8,604€8,600Net result 2024: €2,997€3,000202220232024
The operating result recovers in 2024; 2024 is 17% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €594,590
Fixed assets €581,852 ▼ 3.7%
Current assets €12,738 ▼ 8.3%
Equity and liabilities €594,590
Equity €201,859 ▲ 1.5%
Debt €392,731 ▼ 6.4%
Debt's share of the balance-sheet total falls from 67.8% to 66.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€31,271▲
2023 · €30,421
Cash flow
€25,664▲
2023 · €24,869
Current ratio
0.10▼
2023 · 0.11
Debt to equity
1.95▼
2023 · 2.11
ROE
1.5%▲
2023 · 0.9%
ROA
0.5%▲
2023 · 0.3%
Interest coverage
6.97▲
2023 · 6.21
Debt ≤ 1 year
€125,111▲
2023 · €122,565
Debt > 1 year
€261,822▼
2023 · €293,568
Income taxes
€1,123▲
2023 · €653
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,048 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.4% went bankrupt
3.6% stopped otherwise
96% still going

For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€618,415€594,590▼
Fixed assets21/28€604,519€581,852▼
Tangible fixed assets22/27€604,519€581,852▼
Land and buildings22€604,519€581,852▼
Current assets29/58€13,896€12,738▼
Cash at bank and in hand54/58€13,896€12,738▼
Equity and liabilities
Total equity and liabilities10/49€618,415€594,590▼
Equity10/15€198,862€201,859▲
Contributions10/11€177,000€177,000=
Reserves13€21,862€24,859▲
Non-distributable reserves130/1€770€770=
Reserves not available under the articles1311€770€770=
Distributable reserves133€21,092€24,089▲
Amounts payable17/49€419,553€392,731▼
Amounts payable after more than one year17€293,568€261,822▼
Financial debts170/4€293,568€261,822▼
Amounts payable within one year42/48€122,565€125,111▲
Current portion of amounts payable after more than one year42€31,286€31,746▲
Taxes, remuneration and social security45€3,046€1,123▼
Taxes450/3€3,046€1,123▼
Other amounts payable47/48€88,233€92,242▲
Accrued charges and deferred income492/3€3,420€5,798▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,075€22,667▼
Other operating charges640/8€6,412€6,828▲
Gross operating margin9900€36,833€38,099▲
Operating profit (loss)9901€7,346€8,604▲
Financial charges65/66B€4,899€4,484▼
Recurring financial charges65€4,899€4,484▼
Profit (loss) for the period before taxes9903€2,447€4,120▲
Income taxes67/77€653€1,123▲
Profit (loss) for the period9904€1,794€2,997▲
Profit (loss) for the period to be appropriated9905€1,794€2,997▲
Appropriation of the result
Profit (loss) to be appropriated9906€1,794€2,997▲
Transfer to equity691/2€1,794€2,997▲
To other reserves6921€1,794€2,997▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70--€58,724---
Goods, raw materials, services and sundry goods60/61--€15,383---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,340€22,675€22,950€23,075€22,667▼ 1.8%
Other operating charges640/8-€5,727€5,855€6,412€6,828▲ 6.5%
Gross operating margin9900€37,198€37,373€43,341€36,833€38,099▲ 3.4%
Operating profit (loss)9901€10,329€8,971€14,536€7,346€8,604▲ 17.1%
Financial charges65/66B-€5,755€5,295€4,899€4,484▼ 8.5%
Recurring financial charges65€9,127€5,755€5,295€4,899€4,484▼ 8.5%
Profit (loss) for the period before taxes9903€1,202€3,216€9,241€2,447€4,120▲ 68.4%
Income taxes67/77€299€858€2,393€653€1,123▲ 72.0%
Profit (loss) for the period9904€903€2,358€6,848€1,794€2,997▲ 67.1%
Profit (loss) for the period to be appropriated9905€903€2,358€6,848€1,794€2,997▲ 67.1%
Line20202021202220232024Change
Assets
Total assets20/58€673,056€653,462€633,209€618,415€594,590▼ 3.9%
Fixed assets21/28€671,273€648,598€627,594€604,519€581,852▼ 3.7%
Tangible fixed assets22/27€671,273€648,598€627,594€604,519€581,852▼ 3.7%
Land and buildings22-€648,598€627,594€604,519€581,852▼ 3.7%
Current assets29/58€1,783€4,864€5,615€13,896€12,738▼ 8.3%
Cash at bank and in hand54/58€1,783€4,864€5,615€13,896€12,738▼ 8.3%
Equity and liabilities
Total equity and liabilities10/49€673,056€653,462€633,209€618,415€594,590▼ 3.9%
Equity10/15€187,862€190,220€197,068€198,862€201,859▲ 1.5%
Contributions10/11-€177,000€177,000€177,000€177,000=
Reserves13€10,862€13,220€20,068€21,862€24,859▲ 13.7%
Non-distributable reserves130/1-€770€770€770€770=
Reserves not available under the articles1311-€770€770€770€770=
Distributable reserves133-€12,450€19,298€21,092€24,089▲ 14.2%
Amounts payable17/49€485,194€463,242€436,141€419,553€392,731▼ 6.4%
Amounts payable after more than one year17€386,134€355,712€324,854€293,568€261,822▼ 10.8%
Financial debts170/4-€355,712€324,854€293,568€261,822▼ 10.8%
Amounts payable within one year42/48€96,306€102,294€107,142€122,565€125,111▲ 2.1%
Current portion of amounts payable after more than one year42-€30,423€30,857€31,286€31,746▲ 1.5%
Taxes, remuneration and social security45-€858€3,251€3,046€1,123▼ 63.1%
Taxes450/3-€858€3,251€3,046€1,123▼ 63.1%
Other amounts payable47/48-€71,013€73,034€88,233€92,242▲ 4.5%
Accrued charges and deferred income492/3-€5,236€4,145€3,420€5,798▲ 69.5%
Line20202021202220232024Change
Profit (loss) for the period9904€903€2,358€6,848€1,794€2,997▲ 67.1%
+ Depreciation and write-downs630€21,340€22,675€22,950€23,075€22,667▼ 1.8%
Operating cash flow (approximation)€22,243€25,033€29,798€24,869€25,664▲ 3.2%
Investment in fixed assets (approximation)-€0-€1,946€0€0-
Change in cash-€3,081€751€8,281-€1,158▼ 114%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-07
State Gazette act Appointment: Jean de Ghellinck d'Elseghem Vaernewyck (director)
3 facts ▸
  • General meeting, 26-06-2026
  • Director appointment, Jean de Ghellinck d'Elseghem Vaernewyck (director)
  • Other statement, fetisimmo@gmail.com, adresse e-mail de la personne morale
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
29-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €200,000Eq €201,859 ▲1.5%
7 profitable years in a row build equity to €201,859.
29-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
10-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
09-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 40 days late
2021
03-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 3 days late
2020
31-12
Financial Weakest financial yearnet €903 ▼88.4%
Net result drops to €903, the lowest in the series; recovery starts the following year.
26-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Highest result since 2018net €7,774 ▲1.9%
Operating result €17,167, net result €7,774, both a record.
07-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
17-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
22-03
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 1 act read

Directors · office · real estate

Directors
1 director, no change since 2026
Jean de Ghellinck d'Elseghem Vaernewyck
Director · since 26-06-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Dinant
exact location from the address register On OpenStreetMap
Ground area
1,080 m²
Building footprint
437 m²
Volume, LiDAR
7,102 m³
Parcel 91034E0670/00S000, Wallonia · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
91034E0670/00S000 Wallonia 1,080 m² 1 · 437 m² 19.2 m · 5 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.

Mandate history

1 person since 2026, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Jean de Ghellinck d'Elseghem Vaernewyck
  • Director, from 26-06-2026 to date
See the board, name and seat on a given date →

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded31-07-2007
Fiscal year end31-12
Contact
E-mail fetisimmo@gmail.com
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.