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 2 to 1.1.
Financials
Financial year 2025
FETTWEIS & KINET from Verviers, company number BE0479867710, closed financial year 2025 with a result of € 54,715 after tax. For that financial year FETTWEIS & KINET recorded a gross margin of € 137,701 and equity of € 376,790. Compared with financial year 2024, the result moved from € 23,967 to € 54,715. Profitable, and profit is growing. 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 July 24, 2026.
€ 376,790
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,715
▲ 128% vs 2024
Profit after tax over the fiscal year.
€ 437,487
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 25,000 paid out
46 % of the profit went to the shareholders, mostly to KINET (96 % of the shares). That is where the money ends up.
People and assets in 2025
1.1
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 40,504
▼ 35% vs 2024
€ 36,800 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.
€ 8,418
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,847
▼ 92% vs 2024
Loans from banks and other lenders, long and short.
€ 12,186
▲ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,879
▲ 196% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 112,538 | € 116,610 | € 120,276 | € 137,701 | ▲ 14% |
| Profit after taxes | € -57 | € 692 | € 23,967 | € 54,715 | ▲ 128% |
| Equity | € 342,415 | € 343,107 | € 347,075 | € 376,790 | ▲ 9% |
| Total debts | € 143,793 | € 165,260 | € 156,877 | € 176,610 | ▲ 13% |
| Cash | € 339,701 | € 321,607 | € 357,464 | € 437,487 | ▲ 22% |
| Retained profit | € 323,815 | € 324,507 | € 328,475 | € 358,190 | ▲ 9% |
| Dividend | € 0 | € 0 | € 20,000 | € 25,000 | ▲ 25% |
| Bank debt | € 16,416 | € 44,603 | € 23,572 | € 1,847 | ▼ 92% |
| Balance sheet total | € 486,208 | € 508,367 | € 503,952 | € 553,400 | ▲ 10% |
| Employees (FTE) | 2 | 2 | 1.5 | 1.1 | ▼ 0.4 |
Key figures of FETTWEIS & KINET, 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 FETTWEIS & KINET?
What happened at FETTWEIS & KINET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 54,715 (▲ 128% vs 2024). Source: NBB ↗
- New establishment in Verviers. KBO
- Start of the company according to the CBE. KBO
In short
From € 57 loss in 2022 to € 54,715 profit in 2025.
Paid € 32,346 in corporate taxes since 2022.
Best year ever: 2025, with € 54,715 profit.
On average € 125,200 of value added per employee in 2025.
Management
The stake of KINET comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FETTWEIS & KINETBehind FETTWEIS & KINET is KINET SRL SRL. The shares are held by KINET (95.7%).
Directors
According to the 2025 annual accounts
Director · represented by Benoît KINET
Shareholders
95.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Ecoles 25
4800 Verviers
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0479.867.710
- VAT number
- BE 0479.867.710
- Registered office
- Rue des Ecoles 25, 4800 Verviers
- Names & denominations
- FETTWEIS & KINET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 2003
- Peppol
- Active · Active since 9 Jan 2026
- Contact
- fettweis-et-kinet.be
- Activities · NACE
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