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Private limited companyfounded 2023active for 3 yearsDelestraat 10, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0800.446.869
Summary

5GEE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €8,545 and a net result of -€10,965. Equity is shrinking by about 7.5% per year across the filed financial years. Its solvency ranks better than 15% of 9,736 sector peers (NACE 64, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00475564.

Equity
€8,545▼ 56.2%
2024 · €19,509
Net result
-€10,965
2024 · €9,454
Total assets
€103,777▼ 11.4%
2024 · €117,174
Solvency
8.2%▼ 8.4pp
2024 · 16.6%
Trend over the years

2023 to 2025, 3 financial years

The operating result turns negative in 2025: a loss of €7,144 after €17,081 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€7,144 2025 Net result-€10,965 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€11,891-€17,081▲ 43.7%-€7,144
Net result€7,056within the sector's middle half-€9,454within the sector's middle half▲ 34.0%-€10,965below the sector's middle half
Equity€10,056below the sector's middle half-€19,509below the sector's middle half▲ 94.0%€8,545below the sector's middle half▼ 56.2%
Total assets€132,891within the sector's middle half-€117,174below the sector's middle half▼ 11.8%€103,777below the sector's middle half▼ 11.4%
Debt€122,835-€97,665▼ 20.5%€95,233▼ 2.5%
Working capital-€47,112below the sector's middle half--€27,802below the sector's middle half▲ 41.0%-€44,896below the sector's middle half▼ 61.5%
Solvency7.6%below the sector's middle half-16.6%below the sector's middle half▲ 9.1pp8.2%below the sector's middle half▼ 8.4pp
Current ratio0.23below the sector's middle half-0.46below the sector's middle half▲ 0.230.31below the sector's middle half▼ 0.15
Return on assets (ROA)5.3%within the sector's middle half-8.1%within the sector's middle half▲ 2.8pp-10.6%below the sector's middle half▼ 18.6pp
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103,777
Fixed assets €83,344 ▼ 10.7%
Current assets €20,433 ▼ 14.2%
Equity and liabilities €103,777
Equity €8,545 ▼ 56.2%
Debt €95,233 ▼ 2.5%
Debt's share of the balance-sheet total rises from 83.4% to 91.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
ROE
-128.3%▼
2024 · 48.5%
Debt ≤ 1 year
€65,330▲
2024 · €51,623
Debt > 1 year
€29,903▼
2024 · €46,042
Income taxes
€328▼
2024 · €4,035
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€117,174€103,777▼
Fixed assets21/28€93,353€83,344▼
Tangible fixed assets22/27€93,353€83,344▼
Plant, machinery and equipment23€3,295€6,110▲
Furniture and vehicles24€90,058€77,234▼
Current assets29/58€23,821€20,433▼
Amounts receivable within one year40/41€20,260€1,916▼
Trade receivables40€20,056€1,906▼
Other amounts receivable41€204€11▼
Cash at bank and in hand54/58€1,599€1,717▲
Deferred charges and accrued income490/1€1,962€16,801▲
Equity and liabilities
Total equity and liabilities10/49€117,174€103,777▼
Equity10/15€19,509€8,545▼
Contributions10/11€3,000€3,000=
Reserves13€16,509€16,509=
Distributable reserves133€16,509€16,509=
Profit (loss) carried forward14--€10,965
Amounts payable17/49€97,665€95,233▼
Amounts payable after more than one year17€46,042€29,903▼
Financial debts170/4€46,042€29,903▼
Amounts payable within one year42/48€51,623€65,330▲
Current portion of amounts payable after more than one year42€16,745€17,454▲
Trade debts44€2,870€23,759▲
Suppliers440/4€2,870€23,759▲
Taxes, remuneration and social security45€24,657€17,917▼
Taxes450/3€24,657€17,917▼
Other amounts payable47/48€7,350€6,200▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,341€14,602▼
Other operating charges640/8€788€144▼
Gross operating margin9900€43,210€7,602▼
Operating profit (loss)9901€17,081-€7,144▼
Financial charges65/66B€3,593€3,492▼
Recurring financial charges65€3,593€3,492▼
Profit (loss) for the period before taxes9903€13,488-€10,636▼
Income taxes67/77€4,035€328▼
Profit (loss) for the period9904€9,454-€10,965▼
Profit (loss) for the period to be appropriated9905€9,454-€10,965▼
Appropriation of the result
Profit (loss) to be appropriated9906€9,454-€10,965▼
Transfer to equity691/2€9,454-
To other reserves6921€9,454-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,010€25,341€14,602▼ 42.4%
Other operating charges640/8-€788€144▼ 81.7%
Gross operating margin9900€19,901€43,210€7,602▼ 82.4%
Operating profit (loss)9901€11,891€17,081-€7,144-
Financial charges65/66B€1,835€3,593€3,492▼ 2.8%
Recurring financial charges65€1,835€3,593€3,492▼ 2.8%
Profit (loss) for the period before taxes9903€10,055€13,488-€10,636-
Income taxes67/77€3,000€4,035€328▼ 91.9%
Profit (loss) for the period9904€7,056€9,454-€10,965-
Profit (loss) for the period to be appropriated9905€7,056€9,454-€10,965-
Line202320242025Change
Assets
Total assets20/58€132,891€117,174€103,777▼ 11.4%
Fixed assets21/28€118,694€93,353€83,344▼ 10.7%
Tangible fixed assets22/27€118,694€93,353€83,344▼ 10.7%
Plant, machinery and equipment23€4,154€3,295€6,110▲ 85.4%
Furniture and vehicles24€114,540€90,058€77,234▼ 14.2%
Current assets29/58€14,197€23,821€20,433▼ 14.2%
Amounts receivable within one year40/41€885€20,260€1,916▼ 90.5%
Trade receivables40€885€20,056€1,906▼ 90.5%
Other amounts receivable41€0€204€11▼ 94.8%
Cash at bank and in hand54/58€11,409€1,599€1,717▲ 7.3%
Deferred charges and accrued income490/1€1,903€1,962€16,801▲ 757%
Equity and liabilities
Total equity and liabilities10/49€132,891€117,174€103,777▼ 11.4%
Equity10/15€10,056€19,509€8,545▼ 56.2%
Contributions10/11€3,000€3,000€3,000=
Reserves13€7,056€16,509€16,509=
Distributable reserves133€7,056€16,509€16,509=
Profit (loss) carried forward14---€10,965-
Amounts payable17/49€122,835€97,665€95,233▼ 2.5%
Amounts payable after more than one year17€61,526€46,042€29,903▼ 35.1%
Financial debts170/4€61,526€46,042€29,903▼ 35.1%
Amounts payable within one year42/48€61,309€51,623€65,330▲ 26.6%
Current portion of amounts payable after more than one year42€14,856€16,745€17,454▲ 4.2%
Trade debts44€36,072€2,870€23,759▲ 728%
Suppliers440/4€36,072€2,870€23,759▲ 728%
Taxes, remuneration and social security45€7,231€24,657€17,917▼ 27.3%
Taxes450/3€7,231€24,657€17,917▼ 27.3%
Other amounts payable47/48€3,150€7,350€6,200▼ 15.7%
Line202320242025Change
Profit (loss) for the period9904€7,056€9,454-€10,965-
+ Depreciation and write-downs630€8,010€25,341€14,602▼ 42.4%
Operating cash flow (approximation)€15,066€34,794€3,637▼ 89.5%
Investment in fixed assets (approximation)-€0-€4,593-
Change in cash--€9,809€117-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00475564
31-12-2024 micro format 30-07-2025 2025-00332139
31-12-2023 micro format 10-07-2024 2024-00230982

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