Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FENIXCO from Merelbeke-Melle, company number BE0831467172, closed financial year 2025 with a result of € 1 million after tax. For that financial year FENIXCO recorded a gross margin of € 2.3 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 170,970 to € 1 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 2.6 million
▲ 62% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▲ € 834,956 vs 2024
Profit after tax over the fiscal year.
€ 284,555
▼ 14% 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 € 2 million.
People and assets in 2025
1.8
Average over the fiscal year, from the social balance sheet.
€ 181,333
▲ 1% vs 2024
€ 100,700 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.
€ 15,458
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.8 million
▼ 23% vs 2024
Loans from banks and other lenders, long and short.
€ 2.9 million
▲ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 322,765
▲ € 263,688 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 5,354,837 | - | - | |
| Gross margin | € 597,309 | € 92,807 | € 793,802 | € 2,331,793 | ▲ 194% |
| Profit after taxes | € 202,868 | € -356,782 | € 170,970 | € 1,005,926 | ▲ € 834,956 |
| Equity | € 1,815,574 | € 1,458,792 | € 1,629,762 | € 2,635,688 | ▲ 62% |
| Total debts | € 8,895,943 | € 10,188,769 | € 8,838,126 | € 8,830,973 | |
| Cash | € 941,630 | € 665,955 | € 330,635 | € 284,555 | ▼ 14% |
| Land & buildings | - | - | - | € 1,137,530 | |
| Retained profit | € 1,228,574 | € 871,792 | € 1,042,762 | € 2,048,688 | ▲ 96% |
| Bank debt | € 4,124,389 | € 5,009,812 | € 4,851,365 | € 3,757,991 | ▼ 23% |
| Balance sheet total | € 10,711,517 | € 11,647,561 | € 10,467,888 | € 11,466,661 | ▲ 10% |
| Employees (FTE) | 3.1 | 2.8 | - | 1.8 |
Key figures of FENIXCO, 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 FENIXCO?
What happened at FENIXCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- WARAKU BV stepped down as director. NBB
- CHELCAB BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1 million (▲ € 834,956 vs 2024). Source: NBB ↗
- WARAKU BV became a director. NBB
- CHELCAB BV became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 202,868 profit in 2022 to € 1 million profit in 2025.
Paid € 383,149 in corporate taxes since 2022.
Best year ever: 2025, with € 1 million profit.
On average € 1.3 million of value added per employee in 2025.
A new publication or filing at FENIXCO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of FLANDERS IMMO JB comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FENIXCOThe shares are held by FLANDERS IMMO JB (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by BOSTOEN Hélène
Also active at: AANNEMINGSMAATSCHAPPIJ CFE, ABATTOIR, FLANDERS IMMO JB, FBC INVEST, TROFP, 7MBR
since 2024 · until 2030
Managing director · represented by BOSTOEN Henry
Also active at: FLANDERS IMMO JB, FBC INVEST, TROFP, 7MBR
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 119
9090 Merelbeke-Melle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0831.467.172
- VAT number
- BE 0831.467.172
- Registered office
- Brusselsesteenweg 119, 9090 Merelbeke-Melle
- Names & denominations
- FENIXCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 2010
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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