ACTIVE

FENCER

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Financial year 2025 · closed on 31/12/2025
Net result
941,5 k €
+22.3% YoY
Gross margin
1,4 M €
+23.2% YoY
Equity
72,1 k €
+0.5% YoY
Workforce
4,8 ETP
+33.3% YoY

What does FENCER do?

FENCER is a Private limited company incorporated in 2020. Its main activity is: Legal activities. Its registered office is in Bruxelles. It employs on average 4,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0748.445.862
Incorporation
10/06/2020
Legal form
Private limited company
Registered office
Esplanade 1 box 5
1020 Bruxelles · BruxellesSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
4,8 ETP
Activities (NACE)
69101Legal activities· main69101Legal activities
Joint committees (2)
  • 336
  • 33600
Contacts
2 public details availableLog in to view
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin1,4 M €1,1 M €883,7 k €538,3 k €736,6 k €
EBITDA1 M €853,7 k €696,8 k €415,6 k €648,8 k €
Operating result956,6 k €798,3 k €663,6 k €400,3 k €634,8 k €
Net result941,5 k €769,6 k €651,4 k €390,4 k €614 k €
Balance sheet
Equity72,1 k €71,7 k €70,9 k €70,4 k €70 k €
Total assets2,6 M €2,5 M €1,6 M €996,6 k €967,9 k €
Cash858 k €858,5 k €144,7 k €138,1 k €242,3 k €
Debts2 M €1,7 M €1,5 M €924,7 k €877,1 k €
Other
Workforce4,8 ETP3,6 ETP2,4 ETP1,6 ETP1,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

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

Active mandates

REMISE

Director · since 20 novembre 2020 · 0757.524.567

Represented by Stephanie Wuyts

Active
RENEOR

Director · since 20 novembre 2020 · 0752.799.974

Represented by Daphne Vervaet

Active
JERMU

Director · since 10 juin 2020 · 0748.444.575

Represented by Jeroen Muyldermans

Active
PMA

Director · since 10 juin 2020 · 0641.938.575

Represented by Paul Maeyaert

Active
At this address

Other companies at this address

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ABERGAVENNY● Active
0436.206.921
ACERTA● Active
0473.394.345
ACERTA Consult● Active
0428.939.740
ACERTA ONDERNEMINGSLOKET- ACERTA GUICHET D'ENTREPRISES● Active
0480.513.551
Acerta Services● Active
0453.045.428
ACERTA SOCIAAL SECRETARIAAT - ACERTA SECRETARIAT SOCIAL - ACERTA SOZIALSEKRETARIAT● Active
0473.329.910
ACERTA SOCIAAL VERZEKERINGSFONDS● Active
0416.377.646
Acerta Verzekeringen● Active
0703.952.160
Acorn● Active
0560.722.257
Adler Ortho Belgium● Active
0875.339.282
ADVOCATENKANTOOR TOM VANRAES● Active
0872.903.097
AGUETTANT SA/NV● Active
0451.778.983
AMEXIO BELGIQUE● Active
0477.442.413
AO.BE● Active
0598.689.344
ARAS EXPRESS● Bankrupt
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Asfalys● Active
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Association Belge de Hockey-Koninklijke Belgische Hockey Bond● Active
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Association européenne du Film d'Animation● Active
0440.792.051
AV HOLDING INTERNATIONAL BELGIUM● Active
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B DOT A● Active
0479.906.609
Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202210/06/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months19 months
Filing date09/06/202603/06/202510/06/202426/06/202328/06/2022
General meeting01/06/202602/06/202503/06/202419/06/202322/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/06/202609/06/2026DutchPDF
Abridged model31/12/202402/06/202503/06/2025DutchPDF
Abridged model31/12/202303/06/202410/06/2024DutchPDF
Abridged model31/12/202219/06/202326/06/2023DutchPDF
Abridged model31/12/202122/06/202228/06/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 4 active

Active mandates

REMISE

Director · since 20 novembre 2020 · 0757.524.567

Represented by Stephanie Wuyts

Active
RENEOR

Director · since 20 novembre 2020 · 0752.799.974

Represented by Daphne Vervaet

Active
JERMU

Director · since 10 juin 2020 · 0748.444.575

Represented by Jeroen Muyldermans

Active
PMA

Director · since 10 juin 2020 · 0641.938.575

Represented by Paul Maeyaert

Active
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/06/2020
    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 2025941,5 k €↑
  2. 2024
    Annual accounts 2024769,6 k €↑
  3. 2023
    Annual accounts 2023651,4 k €↑
  4. 2022
    Annual accounts 2022390,4 k €↓
  5. 2021
    Annual accounts 2021614 k €
  6. 10/06/2020
    IncorporationPrivate limited company