ACTIVE

FENNCORP

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Financial year 2025 · closed on 31/12/2025

Net result

-3 k €

+88.3% YoY

Gross margin

-5,9 k €

+76.3% YoY

Equity

107,1 k €

-2.8% YoY

What does FENNCORP do?

FENNCORP is a Private company with limited liability incorporated in 2009. Its main activity is: Computer consultancy activities. Its registered office is in Tongeren-Borgloon.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0818.052.567

Incorporation

21/08/2009

Legal form

Private company with limited liability

Registered office

Sacramentstraat 35
3700 Tongeren-Borgloon · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 62010Computer programming activities 62100Computer programming, consultancy and related activities

Signals

Solid equityLow riskGood liquidity

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	-5,9 k €	+76.3%	-24,7 k €	-144%	55,7 k €	-16.1%	66,4 k €	+116%	30,7 k €	+205%	-29,1 k €	-529%	6,8 k €	-72.2%	24,4 k €	+33.1%	18,4 k €	-17.8%	22,3 k €	-1.1%	22,6 k €	+1.0%	22,4 k €	-13.3%	25,8 k €	+366%	-9,7 k €	-156%	17,2 k €	-34.0%	26,1 k €
EBITDA	-6,3 k €	+75.0%	-25,2 k €	-146%	54,6 k €	-16.4%	65,4 k €	+120%	29,7 k €	+199%	-30,1 k €	-612%	5,9 k €	-75.1%	23,6 k €	+34.7%	17,5 k €	-18.2%	21,4 k €	-1.6%	21,7 k €	+1.0%	21,5 k €	-12.4%	24,6 k €	+241%	-17,4 k €	-203%	16,9 k €	-33.3%	25,2 k €
Operating result	-6,7 k €	+73.6%	-25,5 k €	-151%	50,2 k €	-17.6%	60,9 k €	+141%	25,3 k €	+173%	-34,5 k €	-2522%	1,4 k €	-92.3%	18,5 k €	+112%	8,8 k €	-29.4%	12,4 k €	-12.6%	14,2 k €	+3.6%	13,7 k €	-25.3%	18,3 k €	+180%	-22,9 k €	-243%	16 k €	-36.3%	25,1 k €
Net result	-3 k €	+88.3%	-25,9 k €	-170%	37,1 k €	-18.2%	45,4 k €	+100%	22,7 k €	+165%	-34,8 k €	-3989%	895,6 €	-93.2%	13,2 k €	+133%	5,7 k €	-26.2%	7,7 k €	-12.3%	8,8 k €	-7.9%	9,5 k €	-45.0%	17,3 k €	+171%	-24,4 k €	-283%	13,3 k €	-27.7%	18,4 k €
Balance sheet
Equity	107,1 k €	-2.8%	110,1 k €	-19.0%	136 k €	+37.5%	98,9 k €	+84.7%	53,5 k €	+73.4%	30,9 k €	-53.0%	65,7 k €	+1.4%	64,8 k €	+25.6%	51,6 k €	+12.3%	45,9 k €	+20.1%	38,2 k €	+29.7%	29,5 k €	+47.6%	20 k €	+648%	2,7 k €	-90.1%	27 k €	+21.5%	22,3 k €
Total assets	185,5 k €	-9.7%	205,4 k €	-17.9%	250,1 k €	+20.1%	208,3 k €	+69.4%	122,9 k €	-75.4%	499,6 k €	-6.1%	532,3 k €	+1.7%	523,2 k €	+18.5%	441,7 k €	+14.4%	386 k €	+23.3%	312,9 k €	+20.3%	260,2 k €	+19.2%	218,2 k €	+25.9%	173,3 k €	+8.5%	159,7 k €	+26.0%	126,8 k €
Cash	179,9 k €	+135%	76,7 k €	-63.1%	208,1 k €	+26.7%	164,2 k €	+160%	63,2 k €	-86.3%	462 k €	-0.1%	462,4 k €	+1.3%	456,2 k €	+23.1%	370,7 k €	+13.7%	326,2 k €	+43.6%	227,2 k €	+39.9%	162,4 k €	+12.8%	144 k €	+108%	69,3 k €	-41.5%	118,4 k €	+20.5%	98,3 k €
Debts	78 k €	-17.8%	94,9 k €	-16.8%	114 k €	+4.3%	109,3 k €	+57.6%	69,4 k €	-85.2%	468,8 k €	+1.4%	462,1 k €	+0.8%	458,4 k €	+17.6%	389,8 k €	+14.6%	340,1 k €	+23.8%	274,7 k €	+19.1%	230,7 k €	+16.4%	198,2 k €	+16.2%	170,6 k €	+28.6%	132,7 k €	+26.9%	104,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Geert Pexsters

Director

Active

Ended mandates

Geert Pexsters

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/07/2026	27/08/2025	02/07/2024	03/07/2023	30/06/2022	30/08/2021
General meeting	30/06/2026	31/07/2025	28/06/2024	30/06/2023	24/06/2022	31/07/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2024	31/07/2025	27/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	02/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	31/07/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	05/09/2020	03/11/2020	Dutch	PDF
Abridged model	31/12/2018	31/07/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	31/07/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	31/07/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	31/07/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	31/07/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	31/07/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	02/09/2013	26/09/2013	Dutch	PDF
Abridged model	31/12/2011	31/07/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	13/12/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 1 active · 1 ended

Active mandates

Geert Pexsters

Director

Active

Ended mandates

Geert Pexsters

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other07/09/2009
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

2025
Annual accounts 2025-3 k €↑
2024
Annual accounts 2024-25,9 k €↓
2023
Annual accounts 202337,1 k €↓
2022
Annual accounts 202245,4 k €↑
2021
Annual accounts 202122,7 k €↑
2020
Annual accounts 2020-34,8 k €↓
2019
Annual accounts 2019895,6 €↓
2018
Annual accounts 201813,2 k €↑
2017
Annual accounts 20175,7 k €↓
2016
Annual accounts 20167,7 k €↓
2015
Annual accounts 20158,8 k €↓
2014
Annual accounts 20149,5 k €↓
2013
Annual accounts 201317,3 k €↑
2012
Annual accounts 2012-24,4 k €↓
2011
Annual accounts 201113,3 k €↓
2010
Annual accounts 201018,4 k €
21/08/2009
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FENNCORP

Overview

What does FENNCORP do?

Trend over 16 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline