ACTIVE

FCNV

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Financial year 2025 · closed on 31/12/2025
Net result
177,6 k €
-47.6% YoY
Gross margin
347,1 k €
+27.8% YoY
Equity
455,1 k €
+64.0% YoY

What does FCNV do?

FCNV is a Private limited company incorporated in 2016. Its main activity is: Management consultancy activities. Its registered office is in Kortenberg.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0660.774.688
Incorporation
08/08/2016
Legal form
Private limited company
Registered office
Haaggatstraat 77
3071 Kortenberg · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin347,1 k €271,5 k €228,3 k €141 k €150,9 k €142,3 k €139,4 k €127,8 k €239,4 k €
EBITDA340,8 k €261,3 k €216,1 k €139,9 k €149,6 k €141,1 k €138,3 k €126,2 k €237,2 k €
Operating result258,6 k €204,7 k €138,2 k €-67,6 k €147,5 k €140,1 k €137,4 k €125,3 k €235,6 k €
Net result177,6 k €338,9 k €102,7 k €849,7 k €110,3 k €113,3 k €106,8 k €85,9 k €149,9 k €
Balance sheet
Equity455,1 k €277,5 k €673,7 k €570,9 k €21,2 k €20,9 k €355 k €248,1 k €162,3 k €
Total assets1,9 M €1,8 M €2,4 M €2,4 M €191,8 k €185,4 k €429,1 k €373,1 k €271,5 k €
Cash37,7 k €339,1 k €261,6 k €902,1 k €125,1 k €144,2 k €169,2 k €293,6 k €150,6 k €
Debts1,5 M €1,6 M €1,7 M €1,8 M €169,6 k €163,5 k €70,7 k €122,1 k €107,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Frederik CUPPENS

Director

Active
Nele VANBIERVLIET

Director

Active

Ended mandates

Nele VANBIERVLIET

Director · since 21 novembre 2016

Ended
Nele VANBIERVLIET

Manager · since 21 novembre 2016

Ended
Frederik CUPPENS

Director · since 08 août 2016

Ended
Frederik CUPPENS

Manager · since 08 août 2016

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202624/07/202502/07/202428/07/202325/07/202225/06/2021
General meeting22/06/202623/06/202517/06/202419/06/202330/06/202221/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202522/06/202629/06/2026DutchPDF
Micro model31/12/202423/06/202524/07/2025DutchPDF
Micro model31/12/202317/06/202402/07/2024DutchPDF
Micro model31/12/202219/06/202328/07/2023DutchPDF
Micro model31/12/202130/06/202225/07/2022DutchPDF
Micro model31/12/202021/06/202125/06/2021DutchPDF
Micro model31/12/201922/06/202010/07/2020DutchPDF
Micro model31/12/201817/06/201931/07/2019DutchPDF
Micro model31/12/201718/06/201803/07/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Frederik CUPPENS

Director

Active
Nele VANBIERVLIET

Director

Active

Ended mandates

Nele VANBIERVLIET

Director · since 21 novembre 2016

Ended
Nele VANBIERVLIET

Manager · since 21 novembre 2016

Ended
Frederik CUPPENS

Director · since 08 août 2016

Ended
Frederik CUPPENS

Manager · since 08 août 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other03/06/2025
    BOEKJAAR - DIVERSEN
    PDF
  • Mandates04/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/12/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/08/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025177,6 k €↓
  2. 2024
    Annual accounts 2024338,9 k €↑
  3. 2023
    Annual accounts 2023102,7 k €↓
  4. 2023
    Name changeFCNV
  5. 2022
    Annual accounts 2022849,7 k €↑
  6. 2021
    Annual accounts 2021110,3 k €↓
  7. 2021
    Name changeCUPPENS FREDERIK
  8. 2020
    Annual accounts 2020113,3 k €↑
  9. 2019
    Annual accounts 2019106,8 k €↑
  10. 2018
    Annual accounts 201885,9 k €↓
  11. 2017
    Annual accounts 2017149,9 k €
  12. 2017
    Name changeFREDERIK CUPPENS
  13. 08/08/2016
    IncorporationPrivate limited company