Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FENNECS from Beersel, company number BE0658758573, closed financial year 2025 with a result of € 23,827 after tax. For that financial year FENNECS recorded a gross margin of € 53,609 and equity of € 35,531. Compared with financial year 2024, the result moved from € 21,496 to € 23,827. Profitable, and profit is growing. The buffer shrank hard: equity is 59 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 35,531
▼ 59% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,827
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 6,322
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 75,323 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 25,871
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 90,377
▼ 7% vs 2024
€ 7,233 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 4,350
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,722
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 33,901 | € 53,333 | € 52,663 | € 53,609 | ▲ 2% |
| Profit after taxes | € 12,013 | € 25,785 | € 21,496 | € 23,827 | ▲ 11% |
| Equity | € 61,242 | € 87,027 | € 87,027 | € 35,531 | ▼ 59% |
| Total debts | € 119,562 | € 134,970 | € 137,795 | € 166,284 | ▲ 21% |
| Cash | € 11,245 | € 12,365 | € 15,856 | € 6,322 | ▼ 60% |
| Retained profit | € 42,692 | € 68,477 | € 68,477 | € 16,981 | ▼ 75% |
| Dividend | € 0 | € 0 | € 21,496 | € 75,323 | ▲ 250% |
| Bank debt | € 75,000 | € 104,060 | € 97,345 | € 90,377 | ▼ 7% |
| Balance sheet total | € 180,805 | € 221,998 | € 224,822 | € 201,816 | ▼ 10% |
Key figures of FENNECS, 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 FENNECS?
What happened at FENNECS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,827 (▲ 11% vs 2024). Source: NBB ↗
- New establishment in Beersel. KBO
- Start of the company according to the CBE. KBO
- Felix Delva became a director. NBB
In short
From € 12,013 profit in 2022 to € 23,827 profit in 2025.
Paid € 43,417 in corporate taxes since 2022.
Best year ever: 2023, with € 25,785 profit.
Paid out € 96,819 in dividends to the owners in total.
Management
Behind FENNECS is Felix Delva. It owns 37.5% of Isovest BV itself.
Directors
According to the 2025 annual accounts
since 2016
Establishments
Establishment units
Physical locations of this company
Leeuwerikenlaan 8A
1650 Beersel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0658.758.573
- VAT number
- BE 0658.758.573
- Registered office
- Leeuwerikenlaan 8A, 1650 Beersel
- Names & denominations
- FENNECS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 2016
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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