Fhénix
ActiveSummary
Fhénix has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €169k and a net result of €8k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability49=
Solvency100=
Growth55=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 10.4 against 10.02 in 2024; short-term debt: 9.6% and cash: 69.7% of total assets), and 9.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
90.4%
Return on assets
4.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
61 d late
2023
3 d late
2022
17 d early
2021
5 d late
2020
79 d late
2019
12 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€213k▼ 28.7%
2020 · €299k
EBIT margin
1.2%▼ 10.1pp
2020 · 11.3%
Net result
€8k▲ 1.5%
2024 · €8k
Working capital
€169k▲ 5.1%
2024 · €161k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€213k▼ 28.7%
Operating result€3k▼ 92.4%€5k▲ 114%€9k▲ 61.4%€12k▲ 32.3%€12k▼ 0.7%
Net result€2k▼ 93.6%€3k▲ 84.6%€6k▲ 85.2%€8k▲ 31.8%€8k▲ 1.5%
EBIT margin1.2%▼ 10.1pp
Equity€143k▲ 1.3%€147k▲ 2.3%€153k▲ 4.2%€161k▲ 5.3%€169k▲ 5.1%
Total assets€180k▼ 34.2%€166k▼ 7.8%€173k▲ 4.4%€179k▲ 3.3%€187k▲ 4.7%
Debt€37k▼ 72.2%€19k▼ 47.6%€20k▲ 5.5%€18k▼ 12.1%€18k▲ 0.9%
Working capital€143k▲ 1.3%€148k▲ 3.2%€153k▲ 3.4%€161k▲ 5.3%€169k▲ 5.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €187k
Fixed assets
€120 =
Current assets
€187k ▲ 4.7%
Equity and liabilities €187k
Equity
€169k ▲ 5.1%
Debt
€18k ▲ 0.9%
Debt's share of the balance-sheet total falls from 10.0% to 9.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
10.40▲
2024 · 10.02
Debt to equity
0.11▼
2024 · 0.11
ROE
4.9%▼
2024 · 5.1%
ROA
4.4%▼
2024 · 4.6%
Debt ≤ 1 year
€18k▲
2024 · €18k
Income taxes
€3k▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €213k | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €211k | - | - | - | - | - |
| Other operating charges640/8 | €665 | €238 | €238 | €280 | €399 | ▲ 42.5% |
| Non-recurring operating charges66A | - | - | - | - | €5k | - |
| Gross operating margin9900 | €3k | €6k | €9k | €12k | €17k | ▲ 42.4% |
| Operating profit (loss)9901 | €3k | €5k | €9k | €12k | €12k | ▼ 0.7% |
| Financial income75/76B | €7 | €0 | €0 | €0 | - | - |
| Recurring financial income75 | €7 | €0 | €0 | €0 | - | - |
| Financial charges65/66B | €42 | €370 | €266 | €179 | €150 | ▼ 16.6% |
| Recurring financial charges65 | €42 | €370 | €266 | €179 | €150 | ▼ 16.6% |
| Profit (loss) for the period before taxes9903 | €3k | €5k | €9k | €11k | €11k | ▼ 0.4% |
| Income taxes67/77 | €696 | €2k | €2k | €3k | €3k | ▼ 5.1% |
| Profit (loss) for the period9904 | €2k | €3k | €6k | €8k | €8k | ▲ 1.5% |
| Profit (loss) for the period to be appropriated9905 | €2k | €3k | €6k | €8k | €8k | ▲ 1.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €180k | €166k | €173k | €179k | €187k | ▲ 4.7% |
| Fixed assets21/28 | €120 | €120 | €120 | €120 | €120 | = |
| Financial fixed assets28 | €120 | €120 | €120 | €120 | €120 | = |
| Current assets29/58 | €180k | €166k | €173k | €179k | €187k | ▲ 4.7% |
| Amounts receivable within one year40/41 | €15k | €19k | €49k | €62k | €56k | ▼ 10.0% |
| Trade receivables40 | €11k | €17k | €46k | €62k | €55k | ▼ 10.3% |
| Other amounts receivable41 | €4k | €2k | €3k | €709 | €840 | ▲ 18.4% |
| Cash at bank and in hand54/58 | €165k | €147k | €123k | €116k | €131k | ▲ 12.7% |
| Deferred charges and accrued income490/1 | €107 | €547 | €693 | €585 | €591 | ▲ 1.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €180k | €166k | €173k | €179k | €187k | ▲ 4.7% |
| Equity10/15 | €143k | €147k | €153k | €161k | €169k | ▲ 5.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €123k | €126k | €132k | €140k | €149k | ▲ 5.9% |
| Amounts payable17/49 | €37k | €19k | €20k | €18k | €18k | ▲ 0.9% |
| Amounts payable within one year42/48 | €37k | €18k | €20k | €18k | €18k | ▲ 0.9% |
| Trade debts44 | €8k | €3k | €3k | €0 | €2k | - |
| Suppliers440/4 | €8k | €3k | €3k | €0 | €2k | - |
| Taxes, remuneration and social security45 | €15k | €2k | €4k | €3k | €3k | ▼ 0.1% |
| Taxes450/3 | €15k | €2k | €4k | €3k | €3k | ▼ 0.1% |
| Other amounts payable47/48 | €13k | €13k | €13k | €15k | €13k | ▼ 12.2% |
| Accrued charges and deferred income492/3 | - | €1k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €3k | €6k | €8k | €8k | ▲ 1.5% |
| Operating cash flow (approximation) | €2k | €3k | €6k | €8k | €8k | ▲ 1.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-18k | €-24k | €-7k | €15k | ▲ 305% |
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
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
03-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 3 days late
2023
31-12
Financial
Equity above €150kEq €153k ▲4.2%
6 profitable years in a row build equity to €153k.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial
Weakest financial yearnet €2k ▼93.6%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 4.90
Current ratio from 2.07 to 4.90; short-term debt falls from €132k to €37k.
18-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 79 days late
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
31-12
Financial
Highest result since 2018net €30k ▲205%
Operating result €45k, net result €30k, both a record.
31-12
Financial
Equity above €100kEq €113k ▲36.2%
2 profitable years in a row build equity to €113k.
Show earlier events
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
08-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · 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
2 acts for this company are 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, Vorst · 1 establishment unit since 2007
Ground area
105 m²
Building footprint
83 m²
Volume, LiDAR
1,081 m³
Parcel 21007A0033/00F005, Brussels · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
FHENIX
since 20072.160.445.663
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0033/00F005 | Brussels | 105 m² | 1 · 83 m² | 14.4 m · 4 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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Of 9,534 companies in sector 43222 we hold annual accounts for 5,664. 4,885 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
42220Construction of utility projects for electricity and telecommunications
43110Demolition
43221Plumbing work
43230Insulation installation
Contact
E-mail
contact@fhenix.be
Scores and ratios are computed by Checked and are not a credit decision.