Summary
FIVAN CONSULTING 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 €355k and a net result of €-34k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 70% of 5547 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health 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.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-12-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
44 d early
2023
40 d early
2022
39 d early
2021
52 d early
2020
53 d early
2019
43 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€355k▼ 8.7%
2024 · €389k
Net result
€-34k▼ 166%
2024 · €-13k
Total assets
€481k▼ 0.4%
2024 · €483k
Solvency
73.8%▼ 6.7pp
2024 · 80.6%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€25k▲ 166%€26k▲ 3.7%€117k▲ 355%€-12k€-33k▼ 181%
Net result€16k▲ 249%€16k▲ 0.1%€81k▲ 417%€-13k€-34k▼ 166%
Equity€309k▲ 5.4%€321k▲ 3.9%€402k▲ 25.3%€389k▼ 3.2%€355k▼ 8.7%
Total assets€335k▲ 2.7%€392k▲ 17.2%€482k▲ 22.8%€483k▲ 0.3%€481k▼ 0.4%
Debt€26k▼ 19.2%€71k▲ 176%€80k▲ 11.7%€94k▲ 17.6%€126k▲ 34.2%
Working capital€15k▲ 792%€11k▼ 25.1%€96k▲ 767%€87k▼ 9.8%€57k▼ 34.4%
Solvency92.3%▲ 2.4pp81.8%▼ 10.5pp83.5%▲ 1.7pp80.6%▼ 2.9pp73.8%▼ 6.7pp
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €33k in 2025 against €12k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €481k
Fixed assets
€309k ▼ 4.7%
Current assets
€172k ▲ 8.6%
Equity and liabilities €481k
Equity
€355k ▼ 8.7%
Debt
€126k ▲ 34.2%
Debt's share of the balance-sheet total rises from 19.4% to 26.2%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-9.5%▼
2024 · -3.3%
ROA
-7.0%▼
2024 · -2.6%
Debt ≤ 1 year
€115k▲
2024 · €72k
Debt > 1 year
€10k▼
2024 · €22k
Income taxes
€297▲
2024 · €255
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €4k | €17k | €18k | €18k | ▲ 3.9% |
| Other operating charges640/8 | - | €868 | €1k | €1k | €1k | ▲ 14.0% |
| Non-recurring operating charges66A | - | €6k | - | - | - | - |
| Gross operating margin9900 | €38k | €36k | €135k | €7k | €-13k | ▼ 288% |
| Operating profit (loss)9901 | €25k | €26k | €117k | €-12k | €-33k | ▼ 181% |
| Financial charges65/66B | - | €602 | €927 | €810 | €759 | ▼ 6.3% |
| Recurring financial charges65 | €447 | €602 | €927 | €810 | €759 | ▼ 6.3% |
| Profit (loss) for the period before taxes9903 | €24k | €25k | €116k | €-12k | €-34k | ▼ 169% |
| Income taxes67/77 | €10k | €9k | €35k | €255 | €297 | ▲ 16.7% |
| Profit (loss) for the period9904 | €16k | €16k | €81k | €-13k | €-34k | ▼ 166% |
| Profit (loss) for the period to be appropriated9905 | €20k | €16k | €81k | €-13k | €-34k | ▼ 166% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €335k | €392k | €482k | €483k | €481k | ▼ 0.4% |
| Fixed assets21/28 | €304k | €354k | €339k | €324k | €309k | ▼ 4.7% |
| Tangible fixed assets22/27 | €29k | €79k | €64k | €49k | €34k | ▼ 31.1% |
| Furniture and vehicles24 | - | €79k | €64k | €49k | €34k | ▼ 31.1% |
| Financial fixed assets28 | €275k | €275k | €275k | €275k | €275k | = |
| Current assets29/58 | €31k | €38k | €143k | €159k | €172k | ▲ 8.6% |
| Amounts receivable within one year40/41 | €30k | €36k | €24k | €24k | €27k | ▲ 12.9% |
| Trade receivables40 | - | €12k | - | - | - | - |
| Other amounts receivable41 | - | €24k | €24k | €24k | €27k | ▲ 12.9% |
| Cash at bank and in hand54/58 | €376 | €2k | €116k | €133k | €144k | ▲ 7.9% |
| Deferred charges and accrued income490/1 | - | €900 | €2k | €2k | €2k | ▲ 3.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €335k | €392k | €482k | €483k | €481k | ▼ 0.4% |
| Equity10/15 | €309k | €321k | €402k | €389k | €355k | ▼ 8.7% |
| Contributions10/11 | - | €144k | €144k | €144k | €144k | = |
| Reserves13 | €165k | €177k | €258k | €245k | €211k | ▼ 13.8% |
| Non-distributable reserves130/1 | - | €14k | €14k | €14k | €14k | = |
| Reserves not available under the articles1311 | - | €14k | €14k | €14k | €14k | = |
| Distributable reserves133 | - | €162k | €244k | €231k | €197k | ▼ 14.6% |
| Amounts payable17/49 | €26k | €71k | €80k | €94k | €126k | ▲ 34.2% |
| Amounts payable after more than one year17 | €8k | €44k | €33k | €22k | €10k | ▼ 51.9% |
| Financial debts170/4 | - | €44k | €33k | €22k | €10k | ▼ 51.9% |
| Amounts payable within one year42/48 | €16k | €27k | €47k | €72k | €115k | ▲ 60.4% |
| Current portion of amounts payable after more than one year42 | - | €11k | €11k | €11k | €11k | ▲ 1.1% |
| Trade debts44 | €2k | €3k | €3k | €468 | €402 | ▼ 14.2% |
| Suppliers440/4 | - | €3k | €3k | €468 | €402 | ▼ 14.2% |
| Taxes, remuneration and social security45 | - | €11k | €32k | €255 | €297 | ▲ 16.7% |
| Taxes450/3 | - | €11k | €32k | €255 | €297 | ▲ 16.7% |
| Other amounts payable47/48 | - | €3k | - | €60k | €103k | ▲ 72.2% |
| Accrued charges and deferred income492/3 | - | €401 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €16k | €81k | €-13k | €-34k | ▼ 166% |
| + Depreciation and write-downs630 | €6k | €4k | €17k | €18k | €18k | ▲ 3.9% |
| Operating cash flow (approximation) | €22k | €20k | €98k | €5k | €-16k | ▼ 420% |
| Investment in fixed assets (approximation) | - | €-54k | €-1k | €-3k | €-3k | ▲ 4.9% |
| Change in cash | - | €1k | €115k | €17k | €11k | ▼ 38.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
24-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series.
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Highest result since 2019net €81k ▲417%
Operating result €117k, net result €81k, both a record.
30-06
Financial
Liquidity doublescurrent ratio 3.06
Current ratio from 1.41 to 3.06.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
10-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
09-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
07-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
07-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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
Registered office, Menen · 1 establishment unit since 2008
Ground area
649 m²
Building footprint
180 m²
Volume, LiDAR
739 m³
Parcel 34024A0612/00S000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Fivan Consulting
since 20082.174.854.321
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34024A0612/00S000 | Flanders | 649 m² | 1 · 180 m² | 7.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. 13,769 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-06-2008
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.