FIVE S
FIVE S has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.43M and a net result of €46k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 854 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €1.43M |
| Net result | €46k |
| Better than sector | 71% |
| Active | 26 yrs |
Strong profile, led by solvency.
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 | 76.0% | 56.9% | |
| Net result | €46k | €27k | |
| Equity | €1.43M | €53k | |
| Gross operating margin | €96k | €50k | |
| Total assets | €1.89M | €121k |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | +10.4% | -37.2% | - |
| Net profit | +18.1% | -51.6% | - |
| Cash flow | +9.9% | -27.5% | - |
| Staff costs | - | - | - |
| Income taxes | +306.2% | -51.4% | - |
| Dividends | - | - | - |
| Total assets | +2.6% | -0.1% | - |
| Equity | +3.3% | +2.9% | - |
| Debt | +12.6% | -35.7% | - |
| of which ≤ 1y | +52.7% | -57.9% | - |
| of which > 1y | -8.9% | -17.4% | - |
| Working capital | +5.6% | +6.1% | - |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 39.39 | 56.51 | 23.03 |
| Quick ratio | 39.39 | 56.51 | 23.03 |
| Working capital ratio | 65.0% | 63.1% | 59.4% |
| Solvency | 76.0% | 75.5% | 73.3% |
| Debt / equity | 0.05 | 0.05 | 0.07 |
| Long-term debt ratio | 0.02 | 0.03 | 0.03 |
| Interest coverage | 4.88 | 4.44 | 7.02 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 2.4% | 2.1% | 4.4% |
| ROE | 3.2% | 2.8% | 5.9% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €1.89M | €1.84M | €1.84M |
| Fixed assets | 21/28 | €629k | €658k | €699k |
| Tangible fixed assets | 22/27 | €629k | €658k | €699k |
| Current assets | 29/58 | €1.26M | €1.18M | €1.14M |
| Amounts receivable within one year | 40/41 | €218k | €165k | €135k |
| Investments | 50/53 | €247k | €897k | €247k |
| Cash & bank | 54/58 | €789k | €118k | €760k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.89M | €1.84M | €1.84M |
| Equity | 10/15 | €1.43M | €1.39M | €1.35M |
| Contributions / capital | 10/11 | €19k | €19k | €19k |
| Reserves | 13 | €626k | €580k | €546k |
| Accumulated profits (losses) | 14 | €790k | €790k | €785k |
| Provisions & deferred taxes | 16 | €382k | €388k | €395k |
| Amounts payable | 17/49 | €71k | €63k | €98k |
| Amounts payable after one year | 17 | €32k | €35k | €42k |
| Amounts payable within one year | 42/48 | €32k | €21k | €50k |
| Trade debts payable within one year | 44 | €3k | €6k | €3k |
| Income statement | ||||
| Gross operating margin | 9900 | €96k | €87k | €134k |
| Operating result | 9901 | €51k | €43k | €104k |
| Financial income | 75 | €28k | €16k | €836 |
| Financial charges | 65 | €19k | €19k | €19k |
| Result before taxes | 9903 | €60k | €40k | €85k |
| Income taxes | 67/77 | €17k | €4k | €9k |
| Net result for the period | 9904 | €46k | €39k | €80k |
| Result to be appropriated | 9905 | €52k | €45k | €86k |
-
Nicolas KROPPDirectorState Gazette act 24416304 (16-07-2024)Current16-07-2024 → present
3 events
- 16-07-2024 Resigned· Manager
- 16-07-2024 Appointed· Director
- 16-07-2024 Appointed· Daily management delegate
Permanent representatives (1)
-
Nicolas KROPPReprésentant permanentState Gazette act 24416304 (16-07-2024)Permanent representative16-07-2024 → present
| NACE primary | Advertising agencies(73110) |
| Legal form | Private limited company(610) |
| Incorporation | 05-11-1999 |
| Status | Active |
| Postal code | 1380 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25061A0049/00D000 | Wallonia | 3,665 m² | 1 · 264 m² | 11.6 m · 2 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
16-07-2024 3 directors appointed, 1 resigning
- Nicolas KROPP, Bestuurder
- Nicolas KROPP, Dagelijks bestuur
- Nicolas KROPP, Représentant permanent
- Nicolas KROPP, Zaakvoerder
Technical details
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}| Legal nameFR | FIVE S |