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Public limited companyfounded 2015active for 11 yearsKortrijksesteenweg 934, 9000 Gent, BelgiumKBO/BCE: BE 0632.894.217
Summary

5S 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 €177,348 and a net result of -€4,974. Equity is shrinking by about 2.6% per year across the filed financial years. Its solvency ranks better than 90% of 6,649 sector peers (NACE 64, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
€187,228total assets 2025
Equity
€177,348
Loss
-€4,974
Turnover not published (abbreviated or micro format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Parent
Smart Papaya · 75%
Holdings
1
Accounts on time1 of 6 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
on the day
2024
365 days late
2023
5 days early
2022
6 days early
2021
30 days early
2020
51 days early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 39 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 26 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end10-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Rosseel Leen (non-statutory director)Power of attorney
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Among the weakest 17% on net resultsector median €52,361 · 6,648 companies -€4,974 View
  • Controlled by Smart Papayaitself parent of 1 companies 75% View
  • A director leftlatest change 03-06-2026 · 0 in office 1 left View

By topic

Financials

Financial year
2025
Total assets
€187,228
Loss
-€4,974
Solvency
94.7%
Total assets▼ 4.3%
Net result
20192025
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-10-2026
  1. 31-03-2024Back to profit
  2. 31-03-2024Liquidity more than doubles
  3. 26-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Activities of holding companiesNACE 64210
Founded
30-06-2015
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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