5NINES
Inactive5NINES was declared bankrupt on 03-10-2024 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 19-02-2026, published in the Belgian State Gazette on 24-02-2026.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 24-10-2023, 85 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
85 d late
2021
31 d late
2020
51 d late
2019
97 d late
← before the deadline
after the deadline →
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
Equity
€23k▲ 13.8%
2021 · €20k
2018: €-46k
2019: €20k
2020: €14k
2021: €20k
2018 → 2022
Total assets
€110k▼ 1.3%
2021 · €111k
2018: €77k
2019: €132k
2020: €100k
2021: €111k
2018 → 2022
Net result
€3k▼ 92.5%
2021 · €37k
2018: €-41k
2019: €66k
2020: €-6k
2021: €37k
2018 → 2022
Working capital
€16k▲ 49.2%
2021 · €11k
2018: €-65k
2019: €10k
2020: €5k
2021: €11k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-46k-€20k€14k▼ 29.7%€20k▲ 42.3%€23k▲ 13.8%
Operating result€-42k-€72k€-5k€53k€13k▼ 75.3%
Net result€-41k-€66k€-6k€37k€3k▼ 92.5%
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 75% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €110k
Fixed assets
€7k ▼ 27.1%
Current assets
€103k ▲ 1.1%
Equity and liabilities €110k
Equity
€23k ▲ 13.8%
Debt
€87k ▼ 4.6%
Debt's share of the balance-sheet total falls from 81.9% to 79.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▼
2021 · €58k
Cash flow
€5k▼
2021 · €42k
Current ratio
1.18▲
2021 · 1.12
Quick ratio
1.13▲
2021 · 1.07
Debt to equity
3.80▼
2021 · 4.54
ROE
12.1%▼
2021 · 182.5%
ROA
2.5%▼
2021 · 33.0%
Interest coverage
1.62▼
2021 · 2.94
Debt ≤ 1 year
€87k▼
2021 · €91k
Income taxes
€1k▲
2021 · €179
Staff costs
€120k▲
2021 · €58k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 48 lines
Balance sheet
Code20212022
Assets
Total assets20/58€111k€110k▼
Fixed assets21/28€9k€7k▼
Tangible fixed assets22/27€9k€7k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€477€281▼
Current assets29/58€102k€103k▲
Stocks and contracts in progress3€4k€4k▲
Stocks30/36€4k€4k▲
Amounts receivable within one year40/41€58k€80k▲
Trade receivables40€9k€16k▲
Other amounts receivable41€49k€64k▲
Cash at bank and in hand54/58€37k€18k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€111k€110k▼
Equity10/15€20k€23k▲
Contributions10/11€20k€20k=
Reserves13€137€3k▲
Non-distributable reserves130/1€137€137=
Reserves not available under the articles1311€137€137=
Distributable reserves133-€3k
Amounts payable17/49€91k€87k▼
Amounts payable within one year42/48€91k€87k▼
Trade debts44€69k€53k▼
Suppliers440/4€69k€53k▼
Taxes, remuneration and social security45€21k€33k▲
Taxes450/3€15k€23k▲
Remuneration and social security454/9€5k€10k▲
Other amounts payable47/48€1k€976▼
Income statement
Code20212022
Remuneration, social security and pensions62€58k€120k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€495€1k▲
Gross operating margin9900€117k€137k▲
Operating profit (loss)9901€53k€13k▼
Financial income75/76B€4k€863▼
Recurring financial income75€4k€863▼
Financial charges65/66B€20k€10k▼
Recurring financial charges65€20k€10k▼
Profit (loss) for the period before taxes9903€37k€4k▼
Income taxes67/77€179€1k▲
Profit (loss) for the period9904€37k€3k▼
Profit (loss) for the period to be appropriated9905€37k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€3k▼
Profit (loss) brought forward from the previous period14P€-6k-
Transfer to equity691/2-€3k
To other reserves6921-€3k
Profit to be distributed694/7€31k-
Return on contributions (dividend)694€31k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
24-02
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · 5NINES BV PHILIPS- SITE 5/1, 3001 HEVERLEE · event 19-02-2026
2025
09-01
KBO administration
Address struck
Philipssite 5 bus 1 Die Sitzadresse Philipssite 5 Bfk. 1 3001
Leuven · event 21-11-2024
2024
09-10
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · 5NINES BV PHILIPSSITE 5/1, 3001 HEVERLEE · event 03-10-2024
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
2020
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
31-12
Financial
Back to profitnet €66k
Net result €66k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.09
Current ratio from 0.47 to 1.09; short-term debt falls from €123k to €111k.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
Show earlier events
2017
24-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 116 days late
2016
09-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 131 days late
09-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 497 days late
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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ILSE VAN DE MIEROP WOLSTRAAT 70, 1000 BRUSSEL 1- |
03-10-2024 → 19-02-2026 |
Company data · Crossroads Bank
Identification
Legal formBVBA
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filings
Scores and ratios are computed by Checked and are not a credit decision.