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FIVE THRIVE

Active
Private limited companyfounded 20251 yr activeOverdam 37, 9930 Lievegem, BelgiumKBO/BCE: BE 1022.250.930
Summary

FIVE THRIVE has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,337 and a net result of €33,337. Its solvency ranks better than 63% of 31840 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes
Profitability100
Solvency94
Growth-
Track record67
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 3.07; short-term debt: 31.3% and cash: 29.1% of total assets), and 31.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
68.7%
Return on assets
63%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 April 2025, FIVE THRIVE was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€36,337
Total assets
€52,893
Net result
€33,337
Working capital
€34,258

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €52,893
Fixed assets €2,079
Current assets €50,814
Equity and liabilities €52,893
Equity €36,337
Debt €16,556
Debt finances 31.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€45,058
Cash flow
€33,785
Current ratio
3.07
Debt to equity
0.46
ROE
91.7%
ROA
63.0%
Interest coverage
46.02
Debt ≤ 1 year
€16,556
Income taxes
€10,293
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 29 lines
Balance sheet Code2025
Assets
Total assets20/58€52,893
Fixed assets21/28€2,079
Tangible fixed assets22/27€2,079
Furniture and vehicles24€2,079
Current assets29/58€50,814
Amounts receivable within one year40/41€35,448
Trade receivables40€30,705
Other amounts receivable41€4,744
Cash at bank and in hand54/58€15,366
Equity and liabilities
Total equity and liabilities10/49€52,893
Equity10/15€36,337
Contributions10/11€3,000
Profit (loss) carried forward14€33,337
Amounts payable17/49€16,556
Amounts payable within one year42/48€16,556
Trade debts44€676
Suppliers440/4€676
Taxes, remuneration and social security45€15,880
Taxes450/3€15,880
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€448
Gross operating margin9900€45,058
Operating profit (loss)9901€44,609
Financial charges65/66B€979
Recurring financial charges65€979
Profit (loss) for the period before taxes9903€43,630
Income taxes67/77€10,293
Profit (loss) for the period9904€33,337
Profit (loss) for the period to be appropriated9905€33,337
Appropriation of the result
Profit (loss) to be appropriated9906€33,337

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€448
Gross operating margin9900€45,058
Operating profit (loss)9901€44,609
Financial charges65/66B€979
Recurring financial charges65€979
Profit (loss) for the period before taxes9903€43,630
Income taxes67/77€10,293
Profit (loss) for the period9904€33,337
Profit (loss) for the period to be appropriated9905€33,337
Line2025
Assets
Total assets20/58€52,893
Fixed assets21/28€2,079
Tangible fixed assets22/27€2,079
Furniture and vehicles24€2,079
Current assets29/58€50,814
Amounts receivable within one year40/41€35,448
Trade receivables40€30,705
Other amounts receivable41€4,744
Cash at bank and in hand54/58€15,366
Equity and liabilities
Total equity and liabilities10/49€52,893
Equity10/15€36,337
Contributions10/11€3,000
Profit (loss) carried forward14€33,337
Amounts payable17/49€16,556
Amounts payable within one year42/48€16,556
Trade debts44€676
Suppliers440/4€676
Taxes, remuneration and social security45€15,880
Taxes450/3€15,880
Line2025
Profit (loss) for the period9904€33,337
+ Depreciation and write-downs630€448
Operating cash flow (approximation)€33,785

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Lievegem · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
3,727 m²
Building footprint
233 m²
Volume, LiDAR
1,075 m³
Parcel 44080C0178/00C000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
FIVE THRIVE
Overdam 37, 9930 LievegemActivities of head offices
since 20252.372.795.984
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44080C0178/00C000 Flanders 3,727 m² 1 · 232 m² 8.0 m · 2 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.

Similar companies · same sector, comparable size

Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 35,960 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
Founded11-04-2025
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy

Scores and ratios are computed by Checked and are not a credit decision.