Fivé
Fivé has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.69M and a net result of €21k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 47% of 338 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €1.69M |
| Net result | €21k |
| Staff (FTE) | 5.8 |
| Better than sector | 47% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 32.8% | 36.5% | |
| Net result | €21k | €44k | |
| Equity | €1.69M | €279k | |
| Gross operating margin | €651k | €244k | |
| Staff costs | €421k | €174k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - |
| EBITDA | €225k | €203k | €182k |
| Net profit | €21k | €968 | €2k |
| Cash flow | €96k | €72k | €57k |
| Staff costs | €421k | €435k | €579k |
| Income taxes | €19k | €12k | €10k |
| Dividends | - | - | - |
| Total assets | €5.15M | €4.90M | €5.02M |
| Equity | €1.69M | €1.67M | €1.66M |
| Debt | €3.46M | €3.24M | €3.35M |
| of which ≤ 1y | €3.42M | €3.16M | €3.24M |
| of which > 1y | €45k | €80k | €112k |
| Working capital | €1.61M | €1.55M | €1.55M |
| Employees (FTE) | 5.8 | 5.9 | 6.8 |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 1.47 | 1.49 | 1.48 |
| Quick ratio | 0.64 | 0.61 | 0.66 |
| Working capital ratio | 31.2% | 31.6% | 31.0% |
| Solvency | 32.8% | 34.0% | 33.2% |
| Debt / equity | 2.05 | 1.94 | 2.01 |
| Long-term debt ratio | 0.03 | 0.05 | 0.07 |
| Interest coverage | 2.03 | 1.39 | 1.59 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 0.4% | 0.0% | 0.0% |
| ROE | 1.2% | 0.1% | 0.1% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €5.15M | €4.90M | €5.02M |
| Fixed assets | 21/28 | €125k | €197k | €223k |
| Tangible fixed assets | 22/27 | €125k | €197k | €223k |
| Current assets | 29/58 | €5.02M | €4.71M | €4.79M |
| Stocks & contracts in progress | 3 | €2.82M | €2.77M | €2.66M |
| Amounts receivable within one year | 40/41 | €1.17M | €1.11M | €971k |
| Cash & bank | 54/58 | €410k | €204k | €536k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.15M | €4.90M | €5.02M |
| Equity | 10/15 | €1.69M | €1.67M | €1.66M |
| Contributions / capital | 10/11 | €124k | €124k | €124k |
| Reserves | 13 | €241k | €241k | €241k |
| Accumulated profits (losses) | 14 | €1.32M | €1.30M | €1.30M |
| Amounts payable | 17/49 | €3.46M | €3.24M | €3.35M |
| Amounts payable after one year | 17 | €45k | €80k | €112k |
| Amounts payable within one year | 42/48 | €3.42M | €3.16M | €3.24M |
| Trade debts payable within one year | 44 | €2.34M | €2.26M | €2.13M |
| Income statement | ||||
| Gross operating margin | 9900 | €651k | €653k | €769k |
| Operating result | 9901 | €149k | €132k | €127k |
| Financial income | 75 | €158 | €102 | €100 |
| Financial charges | 65 | €110k | €146k | €114k |
| Result before taxes | 9903 | €40k | €13k | €12k |
| Income taxes | 67/77 | €19k | €12k | €10k |
| Net result for the period | 9904 | €21k | €968 | €2k |
| Result to be appropriated | 9905 | €21k | €968 | €2k |
-
Ruben Van HeddegemDirectorState Gazette act 25025240 (24-02-2025)Current01-01-2025 → present
| NACE primary | Wholesale of other machinery and equipment(46649) |
| Legal form | Public limited company(014) |
| Incorporation | 01-01-1968 |
| Status | Active |
| Postal code | 8020 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31403E0067/00R000 | Flanders | 7,329 m² | 1 · 3,908 m² | 9.2 m · 2 fl. |
| 21382C0227/00R033 | Brussels | 167 m² | 1 · 297 m² | 17.3 m · 2 fl. |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-02-2025 Ruben Van Heddegem appointed as director
- Ruben Van Heddegem, Bestuurder
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}04-05-2023 3 reappointed
- Koenraad Van Heddegem, Bestuurder
- Eric Antonio, Bestuurder
- Van Heddegem Koenraad, Gedelegeerd bestuurder
Technical details
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}| Legal nameNL | Fivé |