Turnover
€854,975 ▲ 46.4%
Turnover rose in 2025 from €583,950 to €854,975.
5 RIVERS
Lifetime
9 annual accounts with figures on one time axispeak €17,205 (2020)
-€4,267▼ €12,596
lowest -€12,789 (2025)
-€12,789▼ €13,477
peak €17,862 (2020)
€1,420▼ 84.6%
€118,901▲ 304%
Board3 names since 2016
1 director
Documentsfilings and deeds
16-05-202676 days before the deadline
2025micro format
Turnover from €583,950 to €854,975Gross margin from €8,329 to -€4,267Loss of €12,7891 director appointed, 2 resignations 24-11Equity from €9,209 to €1,420Debts from €29,452 to €118,901
Key points
from the 2025 annual accountsDebts
€118,901 99% of the balance sheet
Suppliers 98%Taxes and wages 2%
Investments
€8,900 17.2 × depreciation
Green is investment, beige is depreciation.
Payment terms
49 days to suppliers
5 RIVERS pays its suppliers 34 days later than in 2024.
Filings
9 annual accounts 6 late
The 2019 accounts came latest: 60 days after the end of the period.
Position in the sector
-€12,789
Lower net result than 84% of companies in wholesale trade. Sector median €5,124 · 15,452 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 642 companies had the same profile as 5 RIVERS has now. Each dot stands for 2 companies, two years later.
89.7%
were still trading
5.5%
stopped another way
3.6%
went bankrupt
Another 1.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 642 companies, not a prediction for 5 RIVERS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
- 50 sharesdeed of 02-08-2016
- 50 sharesdeed of 02-08-2016
Recent changes
1 director appointed, 2 resignations
Resignations: and · Appointment: · General meeting of 03-11-2025 · Gazette deed
New establishment in Aalst
5 RIVERS HOFSTADE, Hoogstraat 115
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0660570988
Changes of role: (director) and (director)
Director discharge: · Director discharge: · General meeting of 09-02-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| 5 RIVERS Evergem | €120,321 | -€4,267 | 1.2% | - |
| AWF Veurne | €82,120 | -€510 | -33.0% | - |
| CONTEAGO Bassenge | €79,885 | €1,786 | 20.7% | - |
| Artvendum Bruges | €149,542 | -€11,314 | 91.0% | - |
| TOP FOOD GROUP Ghent | €84,050 | €2,346 | 36.7% | - |
| STASHED Ghent | €86,767 | -€30,982 | -131.8% | - |
| Deor Foods Kortrijk | €147,339 | -€11,463 | 74.4% | - |
These companies have the same main activity as 5 RIVERS: agents in the wholesale of food, beverages and tobacco (NACE 46170). They are comparable in size and age: total assets between €79,900 and €150,000, founded between 2011 and 2020.
Official details
Source: KBO- Status
- Active since 29-07-2016Normal situation
- Activity
- Agents in the wholesale of food, beverages and tobaccoNACE 46170and 4 others
- Joint committee
- 201Independent retail · annual accounts 2025
- Establishment units
- 2.256.511.9889940 Evergem, since 29-07-2016
- 2.378.824.6349308 Aalst, since 22-09-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 18-04-2025
Annual accounts 2025
- €120,321▲ 211%
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 16-05-2026, 76 days before the end of the filing period
Insights on 5 RIVERS
5 RIVERS files the micro format. That format states no turnover. The gross margin fell from €16,299 in 2017 to -€4,267 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about 5 RIVERS
- What is the company number of 5 RIVERS?
- The company number of 5 RIVERS is 0660.570.988. The VAT number is the same number with BE in front: BE 0660.570.988.
- Where is 5 RIVERS based?
- The registered office is at Holstraat 10, 9940 Evergem.Company details
- What does 5 RIVERS do?
- According to the KBO register, the main activity is agents in the wholesale of food, beverages and tobacco (NACE 46170).
- What is the legal form of 5 RIVERS?
- 5 RIVERS is a private limited company (BV).
- When was 5 RIVERS founded?
- 5 RIVERS was founded on 29-07-2016.
- Is 5 RIVERS still active?
- Yes, 5 RIVERS is an active enterprise in the KBO register.
- How many employees does 5 RIVERS have?
- 5 RIVERS had an average of 0.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does 5 RIVERS fall under?
- In its 2025 annual accounts, 5 RIVERS states joint committee 201 (Independent retail).
- What is the turnover of 5 RIVERS?
- The turnover of 5 RIVERS was €854,975 in financial year 2025, according to the filed annual accounts.
- Is 5 RIVERS profitable?
- In financial year 2025, 5 RIVERS made a loss of €12,789.
- Where can I find the annual accounts of 5 RIVERS?
- 5 RIVERS filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of 5 RIVERS due?
- 5 RIVERS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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