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FIVE THRIVE

Active
Private limited companyfounded 2025active for 1 yearOverdam 37, 9930 Lievegem, BelgiumKBO/BCE: BE 1022.250.930
Summary

FIVE THRIVE has been active since 2025 and the Belgian Official 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 64% of 38,983 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00488154.

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

Turnover and EBIT margin not published: the micro format 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

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

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.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00488154

Similar companies · same sector, comparable size

Of the 82,290 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,877. 37,080 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.