Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 76.3 to 67.3.
-
Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FENEKO from Brussel, company number BE0470157812, closed financial year 2025 with a result of € 743,794 after tax. For that financial year FENEKO recorded revenue of € 26.7 million and equity of € 10.4 million. Compared with financial year 2024, the result moved from € 1.2 million to € 743,794. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 10.4 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 743,794
▼ 38% vs 2024
Profit after tax over the fiscal year.
€ 4 million
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 10.4 million.
People and assets in 2025
67.3
▼ 2.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.5 million
▼ 2% vs 2024
€ 67,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 350,943
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 377
▼ € 147,866 vs 2024
Loans from banks and other lenders, long and short.
€ 1.2 million
▲ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 21 days on average.
€ 486,595
▲ 52% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 26,968,449 | € 27,330,201 | € 26,630,346 | € 26,666,548 | |
| Profit after taxes | € 1,391,758 | € 501,471 | € 1,206,228 | € 743,794 | ▼ 38% |
| Equity | € 8,804,053 | € 9,248,140 | € 9,735,011 | € 10,428,723 | ▲ 7% |
| Total debts | € 2,713,538 | € 1,821,245 | € 1,547,849 | € 2,085,638 | ▲ 35% |
| Cash | € 2,137,620 | € 1,867,207 | € 2,994,866 | € 4,008,947 | ▲ 34% |
| Land & buildings | € 1,608,221 | € 1,309,529 | € 1,111,992 | € 941,741 | ▼ 15% |
| Retained profit | € 8,001,526 | € 8,490,840 | € 9,654,395 | € 10,355,515 | ▲ 7% |
| Dividend | € 500,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 196,726 | € 165,044 | € 148,243 | € 377 | ▼ € 147,866 |
| Balance sheet total | € 11,578,752 | € 11,122,650 | € 11,328,229 | € 12,551,835 | ▲ 11% |
| Employees (FTE) | 74.5 | 76.3 | 69.9 | 67.3 | ▼ 2.6 |
Key figures of FENEKO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FENEKO?
What happened at FENEKO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 743,794 (▼ 38% vs 2024). Source: NBB ↗
- MASOMA BV became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.4 million profit in 2022 to € 743,794 profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.4 million profit.
Paid out € 500,000 in dividends to the owners in total.
Management
Behind FENEKO is MASOMA BV. MASOMA BV is also behind GCV, KIPAN, FGS and SUNPOWER@RENT.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Antoon van Osslaan 1 box 1
1120 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
All companies at this address →Miroiterie du Nord - Fabrique de Miroirs
€ 518,659 gross margin · 2025
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€ 286 million revenue · 2025
Institut Belge de la Soudure - Belgisch Instituut voor Lastechniek
€ 552,151 gross margin · 2025
TRATON Financial Services Belgium
€ 16.1 million revenue · 2025
CENTRE DE PERFECTIONNEMENT DE SOUDEURS
€ 1.7 million gross margin · 2025
+45 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0470.157.812
- VAT number
- BE 0470.157.812
- Registered office
- Antoon van Osslaan 1 bus 1, 1120 Brussel
- Names & denominations
- FENEKO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 January 2000
- Peppol
- Active · Active since 16 Oct 2025
- Contact
- feneko.be
- Activities · NACE
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