Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FENDTECH from Wervik, company number BE0696831865, closed financial year 2025 with a result of € -28,432 after tax. For that financial year FENDTECH recorded a gross margin of € 15,711 and equity of € 38,011. Compared with financial year 2024, the result moved from € -4,710 to € -28,432. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 38,011
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,432
▼ 504 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,314
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11,589.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 108,580
▲ 116% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 528
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,013 | € 94,134 | € 38,449 | € 15,711 | ▼ 59% |
| Profit after taxes | € -42,229 | € 47,970 | € -4,710 | € -28,432 | ▼ € 23,722 |
| Equity | € 23,183 | € 71,153 | € 66,443 | € 38,011 | ▼ 43% |
| Total debts | € 442,798 | € 433,303 | € 425,551 | € 428,944 | ▲ 1% |
| Cash | € 4,129 | € 8,048 | € 8,212 | € 2,314 | ▼ 72% |
| Retained profit | € -26,417 | € 21,553 | € 16,843 | € -11,589 | ▼ € 28,432 |
| Balance sheet total | € 465,982 | € 504,457 | € 491,994 | € 466,956 | ▼ 5% |
Key figures of FENDTECH, 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 FENDTECH?
What happened at FENDTECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 28,432. Source: NBB ↗
- New establishment in Wervik. KBO
- Margaux CODRON became a director. NBB
- Jean-Luc CODRON became a director. NBB
- Nathalie CODRON-VANDERSTRAETEN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 42,229 loss in 2022 to € 28,432 loss in 2025.
Paid € 938 in corporate taxes since 2022.
Best year ever: 2023, with € 47,970 profit.
Management
Behind FENDTECH are Jean-Luc CODRON, Margaux CODRON and Nathalie CODRON-VANDERSTRAETEN.
Directors
According to the 2025 annual accounts
Jean-Luc CODRON
Director
since 2018
Margaux CODRON
Director
since 2018
Nathalie CODRON-VANDERSTRAETEN
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Vlamingenstraat 8
8940 Wervik
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0696.831.865
- VAT number
- BE 0696.831.865
- Registered office
- Vlamingenstraat 8, 8940 Wervik
- Names & denominations
- FENDTECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 2018
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Lease van intellectuele eigendom en vergelijkbare producten, met uitzondering van werken onder auteursrecht
Activiteiten van holdings
Holdings