5 SPICE
Open bankruptcyA bankruptcy procedure is open for 5 SPICE according to publications in the Belgian State Gazette; curator: JENS VREBOS. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €18k and a net result of €5k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2022, micro schema
Turnover
€420k▲ 19.6%
2021 · €351k
2020: €201k
2021: €351k
2020 → 2022
EBIT margin
1.3%▼ 0.4pp
2021 · 1.7%
2020: 2.6%
2021: 1.7%
2020 → 2022
Net result
€5k▼ 13.0%
2021 · €6k
2020: €5k
2021: €6k
2020 → 2022
Working capital
€18k▲ 39.1%
2021 · €13k
2020: €7k
2021: €13k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Turnover€201k-€351k▲ 74.6%€420k▲ 19.6%
Equity€7k-€13k▲ 81.7%€18k▲ 39.1%
Operating result€5k-€6k▲ 15.0%€5k▼ 10.1%
Net result€5k-€6k▲ 13.9%€5k▼ 13.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 10% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €49k
Equity
€18k▲ 39.1%
Debt
€31k▼ 47.3%
The debt ratio falls from 82.2% to 63.6%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
36.4%▲
2021 · 17.8%
Current ratio
1.57▲
2021 · 1.22
Quick ratio
1.12▲
2021 · 0.07
Debt / equity
1.75▼
2021 · 4.61
ROE
28.1%▼
2021 · 45.0%
ROA
10.2%▲
2021 · 8.0%
Debt
€31k▼
2021 · €59k
Debt ≤ 1 year
€31k▼
2021 · €59k
Staff costs
€45k▲
2021 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€72k€49k▼
Current assets29/58€72k€49k▼
Stocks and contracts in progress3€68k€14k▼
Stocks30/36€68k€14k▼
Amounts receivable within one year40/41€1k-
Trade receivables40€1k-
Cash at bank and in hand54/58€3k€188▼
Deferred charges and accrued income490/1-€35k
Equity and liabilities
Total equity and liabilities10/49€72k€49k▼
Equity10/15€13k€18k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€11k€16k▲
Amounts payable17/49€59k€31k▼
Amounts payable within one year42/48€59k€31k▼
Trade debts44€47k€15k▼
Suppliers440/4€47k€15k▼
Taxes, remuneration and social security45€12k€16k▲
Taxes450/3€4k€4k▼
Remuneration and social security454/9€9k€12k▲
Income statement
Code20212022
Turnover70€351k€420k▲
Goods, raw materials, services and sundry goods60/61€331k€372k▲
Remuneration, social security and pensions62€26k€45k▲
Other operating charges640/8-€2k
Gross operating margin9900€32k€52k▲
Operating profit (loss)9901€6k€5k▼
Financial charges65/66B€212€356▲
Recurring financial charges65€212€356▲
Profit (loss) for the period before taxes9903€6k€5k▼
Profit (loss) for the period9904€6k€5k▼
Profit (loss) for the period to be appropriated9905€6k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€16k▲
Profit (loss) brought forward from the previous period14P€5k€11k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · 5 SPICE BV LOUIZALAAN 209, 1050 ELSENE · event 16-12-2025
10-06
KBO administration
Address struck
Louizalaan 209 1050 Die Sitzadresse Avenue Louise / Louizalaan
Ixelles · event 26-05-2025
2024
27-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 301 days late
2023
10-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 222 days late
2022
31-12
Financial
Weakest financial yearnet €5k ▼13%
Net result drops to €5k, the lowest in the series.
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 234 days late
2021
31-12
Financial
Highest result since 2020net €6k ▲13.9%
Operating result €6k, net result €6k, both a record.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
1 establishment unit since 2020
Cannot 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.
Ground area
700 m²
Building footprint
700 m²
Volume, LiDAR
16,134 m³
Parcel 21807G0120/00L005, Brussels · tallest building 32.2 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
B.D SUPER MARKET
since 20202.306.895.867
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JENS VREBOS HAMILTONPARK 24-26, 8000 BRUGGE- |
16-12-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-07-2019
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.