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 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FCNV from Kortenberg, company number BE0660774688, closed financial year 2025 with a result of € 177,648 after tax. For that financial year FCNV recorded a gross margin of € 347,064 and equity of € 455,124. Compared with financial year 2024, the result moved from € 338,876 to € 177,648. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 455,124
▲ 64% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 177,648
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 37,739
▼ 89% 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 € 436,524.
People and assets in 2025
€ 54,741
▲ 81% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 3% vs 2024
€ 42,030 is repaid this year. At this pace the long-term loan is gone in ≈ 33 years.
€ 8,341
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,971
▲ 25% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 140,959 | € 228,323 | € 271,523 | € 347,064 | ▲ 28% |
| Profit after taxes | € 849,725 | € 102,747 | € 338,876 | € 177,648 | ▼ 48% |
| Equity | € 570,926 | € 673,673 | € 277,476 | € 455,124 | ▲ 64% |
| Total debts | € 1,818,181 | € 1,678,072 | € 1,569,207 | € 1,475,327 | ▼ 6% |
| Cash | € 902,077 | € 261,577 | € 339,064 | € 37,739 | ▼ 89% |
| Land & buildings | € 1,203,260 | € 1,337,309 | € 1,415,378 | € 1,553,171 | ▲ 10% |
| Retained profit | € 552,326 | € 655,073 | € 258,876 | € 436,524 | ▲ 69% |
| Dividend | € 300,000 | € 0 | € 735,073 | € 0 | ▼ 100% |
| Bank debt | € 1,445,639 | € 1,445,639 | € 1,439,974 | € 1,399,139 | ▼ 3% |
| Balance sheet total | € 2,389,107 | € 2,351,745 | € 1,846,684 | € 1,930,451 | ▲ 5% |
Key figures of FCNV, 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 FCNV?
What happened at FCNV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 177,648 (▼ 48% vs 2024). Source: NBB ↗
- New establishment in Kortenberg. KBO
- Start of the company according to the CBE. KBO
In short
From € 849,725 profit in 2022 to € 177,648 profit in 2025.
Paid € 116,927 in corporate taxes since 2022.
Best year ever: 2022, with € 849,725 profit.
Paid out € 1 million in dividends to the owners in total.
Management
Behind FCNV are Frederik CUPPENS and Nele VANBIERVLIET.
Directors
According to the 2025 annual accounts
Frederik CUPPENS
Director
Nele VANBIERVLIET
Director
Establishments
Establishment units
Physical locations of this company
Haaggatstraat 77
3071 Kortenberg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0660.774.688
- VAT number
- BE 0660.774.688
- Registered office
- Haaggatstraat 77, 3071 Kortenberg
- Names & denominations
- FCNV
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 August 2016
- Peppol
- Active · Active since 3 Jan 2026
- Activities · NACE
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