528 PRODUCTIONS
ActiveSummary
The computed 12-month bankruptcy probability of 528 PRODUCTIONS is 2.9% (moderate). The 2025 annual accounts show equity of €79,089 and a net result of -€1.4m. Equity has been growing by about 16% per year since 2018. Its solvency ranks better than 17% of 349 sector peers (NACE 35, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 07-04-2006 Normal situation
- Activity
- Electricity, gas, steam and air conditioning supply NACE 35300
- Joint committee
- 220 Paritair Comité voor de bedienden uit de voedingsnijverheid · annual accounts 30-12-2025
- Establishment unit
- 2.153.161.260 8790 Waregem, since 11-04-2006
- Financial year end
- 30 December
- Peppol
- Reachable since 15-12-2025
Board and ownership
- Five Twenty EightManaging director · permanent representative PAUWELS Edouard
- ThipateoManaging director · permanent representative BEKAERT Thibaud
- 528 BVDirector · since 31-12-2024
- Five Twenty Eight100%· score 932025 annual accounts of Five Twenty Eight
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.9%
- Gross margin
- €3.2m
- Turnover
- ≈ €5.5m
- estimated
- Loss
- €1.4m
- Equity
- €79,089
- Total assets
- €8.0m
- Employees on 30-12-2025
- 18
Score breakdownraises riskLoss of €1.4m (financial year 2025)Liquidity: current ratio 0.52, cash €284,891Equity €79,089 (1.0% of total assets)1 of the last 3 accounts lateShow the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 35, small). It does better than 13% of them on solvency, 11% on liquidity and 8% on profitability.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 35), the median for financial year 2023 was 22 days before the deadline, and 24% of those companies filed late.
Searched, nothing found (1)
Key points
Recent changes
- · Gazette deed Resignation: THIPATEO (director)Appointments: REYNTJENS Patrick (director) and Five Twenty Eight (managing director) · Permanent representative: PAUWELS Edouard
- · Gazette deed Company renamed from THIBAUD ENTERPRISES to 528 PRODUCTIONSResignations: FIVE TWENTY EIGHT (director) and THIPATEO (director) · Appointments: FIVE TWENTY EIGHT (director) and THIPATEO (director) · Permanent representatives: PAUWELS Edouard and BEKAERT Thibaud
- · Gazette deed Appointment: FIVE TWENTY EIGHT (director)Permanent representative: EDOUARD PAUWELS
Comparable companies
These companies have the same main activity as 528 PRODUCTIONS: electricity, gas, steam and air conditioning supply (NACE 35300). They are comparable in size and age: total assets between €2m and €13m, founded between 2006 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| 528 PRODUCTIONS Waregem | €8.0m | €3.2m |
| Icefactory Europe Beerse | €7.6m | €1.3m |
| Icelander Oudenaarde | €4.7m | €0.7m |
| BIO-HEAT Ingelmunster | €2.0m | €0.5m |
| CASTLE ICE Oudenaarde | €13.0m | €1.3m |
| SNOW EVENTS INTERNATIONAL Comines-Warneton | €4.0m | - |
| KARNO Sint-Pieters-Woluwe | €6.7m | €0.7m |
Key facts about 528 PRODUCTIONS
- What is the company number of 528 PRODUCTIONS?
- The company number of 528 PRODUCTIONS is 0880.573.819. The VAT number is the same number with BE in front: BE 0880.573.819.
- Where is 528 PRODUCTIONS based?
- The registered office is at Groenbek 32, 8790 Waregem.Company details
- What does 528 PRODUCTIONS do?
- According to the KBO register, the main activity is electricity, gas, steam and air conditioning supply (NACE 35300).
- What is the legal form of 528 PRODUCTIONS?
- The legal form of 528 PRODUCTIONS is Private limited company (BV).
- When was 528 PRODUCTIONS founded?
- 528 PRODUCTIONS was founded on 07-04-2006.
- Is 528 PRODUCTIONS still active?
- Yes, 528 PRODUCTIONS is an active enterprise in the KBO register.
- How many employees does 528 PRODUCTIONS have?
- 528 PRODUCTIONS had an average of 15.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does 528 PRODUCTIONS fall under?
- In its 30-12-2025 annual accounts, 528 PRODUCTIONS states joint committee 220 (Paritair Comité voor de bedienden uit de voedingsnijverheid).
- What is the turnover of 528 PRODUCTIONS?
- The turnover in financial year 2025 is ≈ €5.5m. This figure is estimated from the gross margin of €3.2m and 1,584 comparable companies of the same size. It probably lies between €3.7m and €9.0m. It is a rough estimate.
- Is 528 PRODUCTIONS profitable?
- In financial year 2025, 528 PRODUCTIONS made a loss of €1.4m.
- Where can I find the annual accounts of 528 PRODUCTIONS?
- 528 PRODUCTIONS filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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