FIVE MG
The computed 12-month bankruptcy probability of FIVE MG is 3.2% (moderate). The 2024 annual accounts show equity of €33k and a net result of €-2k. Equity is growing by ~30.8% per year across the filed fiscal years. Its solvency ranks better than 54% of 1965 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €33k |
| Net result | €-2k |
| Staff (FTE) | 4.2 |
| Better than sector | 54% |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | 39.6% | 36.6% | |
| Net result | €-2k | €10k | |
| Equity | €33k | €29k | |
| Gross operating margin | €39k | €39k | |
| Staff costs | €40k | €35k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-2k |
| Cash flow | - |
| Staff costs | €40k |
| Income taxes | - |
| Dividends | - |
| Total assets | €82k |
| Equity | €33k |
| Debt | €50k |
| of which ≤ 1y | €50k |
| of which > 1y | - |
| Working capital | €29k |
| Employees (FTE) | 4.2 |
| 2024 | |
|---|---|
| Current ratio | 1.59 |
| Quick ratio | 1.59 |
| Working capital ratio | 35.3% |
| Solvency | 39.6% |
| Debt / equity | 1.52 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -2.8% |
| ROE | -7.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €82k |
| Fixed assets | 21/28 | €4k |
| Financial fixed assets | 28 | €4k |
| Current assets | 29/58 | €79k |
| Amounts receivable within one year | 40/41 | €74k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €82k |
| Equity | 10/15 | €33k |
| Contributions / capital | 10/11 | €4k |
| Accumulated profits (losses) | 14 | €29k |
| Amounts payable | 17/49 | €50k |
| Amounts payable within one year | 42/48 | €50k |
| Trade debts payable within one year | 44 | €42k |
| Income statement | ||
| Gross operating margin | 9900 | €39k |
| Operating result | 9901 | €-2k |
| Financial charges | 65 | €0 |
| Result before taxes | 9903 | €-2k |
| Net result for the period | 9904 | €-2k |
| Result to be appropriated | 9905 | €-2k |
| NACE primary | General cleaning of buildings(81210) |
| Legal form | Private limited company(610) |
| Incorporation | 25-02-2022 |
| Status | Active |
| Postal code | 1930 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0162/00A004 | Flanders | 6,849 m² | 1 · 1,317 m² | 16.6 m · 4 fl. |
| 23094D0036/00W000 | Flanders | 5,436 m² | 1 · 1,487 m² | 12.6 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-03-2024 Registered office moved from MACHELEN to ZAVENTEM
- DE KLEETLAAN 4 1831 MACHELEN → EXCELSIORLAAN 71 1930 ZAVENTEM
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "EXCELSIORLAAN 71 1930 ZAVENTEM",
"city": "ZAVENTEM",
"region": "vlaams_gewest",
"street": "EXCELSIORLAAN",
"country": "BE",
"postcode": "1930",
"box_number": null,
"street_number": "71",
"locality_suffix": null
},
"old_address": {
"raw": "DE KLEETLAAN 4 1831 MACHELEN",
"city": "MACHELEN",
"region": "vlaams_gewest",
"street": "DE KLEETLAAN",
"country": "BE",
"postcode": "1831",
"box_number": null,
"street_number": "4",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bru",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-03-19",
"filing_date": "2024-03-11",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2024-01-01",
"unanimous": null
},
"subject_company": {
"kbo": "0782.661.524",
"name_full": "FIVE MG",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "GEIRNAERT Mehdi",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | FIVE MG |