Age4 yrs
Real estate1 parcel · 1,153 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Fenn Systems is 0.9% (low). The 2025 annual accounts show equity of €6k and a net result of €625. Its solvency ranks better than 56% of 1339 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Signals
1 signal · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-06-2025, 130 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-03. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-03-2025, that is 31-10-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-03-2025 | 31-10-2025 | 23-06-2025 | 130 d early | 2025-00177243 |
| 31-03-2024 | 31-10-2024 | 14-08-2024 | 78 d early | 2024-00346886 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.9%
Low
0%0,5%1,5%4%10%≥25%
Young company
+Lower-failure-rate sector
−Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€625-80.7%
Working capital€6k+10.9%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 23-06-2025 with the NBB · fiscal year 2025 · micro
Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 30.8% | 22.9% | |
| Net result | €625 | €10k | |
| Equity | €6k | €44k | |
| Gross operating margin | €3k | €39k | |
| Total assets | €21k | €291k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€625
-80.7%
24-25
€21k
-32.7%
24-25
€6k
+10.9%
24-25
€6k
+10.9%
24-25
€156
-81.7%
24-25
€14k
-42.7%
24-25
€14k
-42.7%
24-25
1.45
+17.5%
24-25
1.45
+17.5%
24-25
30.8%
+64.8%
24-25
2.25
-48.4%
24-25
9.8%
-82.6%
24-25
3.0%
-71.4%
24-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €625 |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €156 |
| Dividends | - |
| Total assets | €21k |
| Equity | €6k |
| Debt | €14k |
| of which ≤ 1y | €14k |
| of which > 1y | - |
| Working capital | €6k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.45 |
| Quick ratio | 1.45 |
| Working capital ratio | 30.8% |
| Solvency | 30.8% |
| Debt / equity | 2.25 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 3.0% |
| ROE | 9.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €21k |
| Current assets | 29/58 | €21k |
| Amounts receivable within one year | 40/41 | €17k |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €21k |
| Equity | 10/15 | €6k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €4k |
| Amounts payable | 17/49 | €14k |
| Amounts payable within one year | 42/48 | €14k |
| Income statement | ||
| Gross operating margin | 9900 | €3k |
| Operating result | 9901 | €3k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €781 |
| Income taxes | 67/77 | €156 |
| Net result for the period | 9904 | €625 |
| Result to be appropriated | 9905 | €625 |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2025 · computed63
/ 100
Healthy
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
1 directorFormer directors (1)
-
Roelant JensDirectorState Gazette act 24149002 (17-10-2024)Former- → 28-09-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Handel in eigen onroerend goed(68110) |
| Legal form | Private limited company(610) |
| Incorporation | 08-06-2022 |
| Status | Active |
| Postal code | 9950 |
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Leest 49950 LievegemEstablishment units
1 locationFenn Systems
since 20222.332.146.848
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,153 m²
Buildings1
Building footprint705 m²
Volume (LiDAR)3,322 m³
Tallest building9.5 m · ±1 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44072E0741/00D002 | Flanders | 1,153 m² | 1 · 705 m² | 9.5 m · 1 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 acts All acts · 1
updated 1 year ago
2024
17-10-2024 Roelant Jens resigns as director
- Roelant Jens, Bestuurder
Analysis
Snowflake analysis
financial profile on 5 axes63
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
63
Profitability
49
Solvency
58
Growth
52
Stability
94
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Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 1,130 of the 7,278 companies in this sector. 505 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110
Primary activity highlighted.
Names & trade names
| Legal nameNL | Fenn Systems |
Registered office
Leest 4
9950 Lievegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.