FIVET & CO
Open bankruptcyA bankruptcy procedure is open for FIVET & CO according to publications in the Belgian State Gazette; curator: VINCIANNE PETIT.
Summary
The 2016 annual accounts show equity of €179,001 and a net result of €39,172.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Liège, Neufchâteau division
- Declared bankrupt
- 14 February 2020
- Supervising judge
- Jean-Marc Lomry
- Official Gazette
- 21-02-2020 (pdf) ↗search the document for 2020/107690
Deadlines
- Appeal or third-party opposition until
- passed on 7 March 2020Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 15 March 2020art. XX.104 and XX.155 CEL
- First verification report
- passed on 10 April 2020Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 14 February 2021Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Vincianne PetitAvenue De Bouillon 16, 6800 Libramont-Chevignyv.petit@avocat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Other tax advisory services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2016, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€39,172▼ 33.8%
2015 · €59,204
Working capital
€184,561▲ 7.4%
2015 · €171,889
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201420152016
Operating result€101,312-€80,728▼ 20.3%€59,172▼ 26.7%
Net result€89,954-€59,204▼ 34.2%€39,172▼ 33.8%
Equity€185,625-€174,829▼ 5.8%€179,001▲ 2.4%
Total assets€408,980-€390,799▼ 4.4%€399,630▲ 2.3%
Debt€223,355-€215,970▼ 3.3%€220,629▲ 2.2%
Working capital€169,445-€171,889▲ 1.4%€184,561▲ 7.4%
Staff (FTE)0.5-0.7▲ 40.0%0.6▼ 14.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2016 is 27% below 2015 and is the lowest result in the available series.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €399,630
Fixed assets
€130,209 ▼ 12.7%
Current assets
€269,421 ▲ 11.5%
Equity and liabilities €399,630
Equity
€179,001 ▲ 2.4%
Debt
€220,629 ▲ 2.2%
Debt's share of the balance-sheet total falls from 55.3% to 55.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€79,452▼
2015 · €104,038
Cash flow
€59,452▼
2015 · €82,514
Current ratio
3.17▼
2015 · 3.47
Debt to equity
1.23▼
2015 · 1.24
ROE
21.9%▼
2015 · 33.9%
ROA
9.8%▼
2015 · 15.1%
Interest coverage
10.31▼
2015 · 10.62
Debt ≤ 1 year
€84,860▲
2015 · €69,687
Debt > 1 year
€135,769▼
2015 · €146,283
Income taxes
€14,119▲
2015 · €8,850
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,543 | €23,310 | €20,280 | ▼ 13.0% |
| Other operating charges640/8 | €6,724 | €2,836 | €9,240 | ▲ 226% |
| Gross operating margin9900 | €152,559 | €146,274 | €115,237 | ▼ 21.2% |
| Operating profit (loss)9901 | €101,312 | €80,728 | €59,172 | ▼ 26.7% |
| Recurring financial income75 | €466 | €871 | €2,078 | ▲ 139% |
| Recurring financial charges65 | €10,054 | €9,795 | €7,703 | ▼ 21.4% |
| Profit (loss) for the period before taxes9903 | €103,875 | €68,054 | €53,291 | ▼ 21.7% |
| Income taxes67/77 | €13,921 | €8,850 | €14,119 | ▲ 59.5% |
| Profit (loss) for the period9904 | €89,954 | €59,204 | €39,172 | ▼ 33.8% |
| Profit (loss) for the period to be appropriated9905 | €89,954 | €59,204 | €39,172 | ▼ 33.8% |
| Line | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €408,980 | €390,799 | €399,630 | ▲ 2.3% |
| Fixed assets21/28 | €172,533 | €149,223 | €130,209 | ▼ 12.7% |
| Intangible fixed assets21 | €826 | - | - | - |
| Tangible fixed assets22/27 | €171,707 | €149,223 | €130,209 | ▼ 12.7% |
| Land and buildings22 | €159,279 | €141,581 | €124,631 | ▼ 12.0% |
| Plant, machinery and equipment23 | €352 | €212 | €101 | ▼ 52.4% |
| Furniture and vehicles24 | €1,870 | €10 | €844 | ▲ 8,340% |
| Other tangible fixed assets26 | €10,206 | €7,420 | €4,633 | ▼ 37.6% |
| Current assets29/58 | €236,447 | €241,576 | €269,421 | ▲ 11.5% |
| Amounts receivable within one year40/41 | €187,215 | €188,080 | €196,486 | ▲ 4.5% |
| Trade receivables40 | €52,294 | €62,063 | €34,598 | ▼ 44.3% |
| Other amounts receivable41 | €134,921 | €126,017 | €161,888 | ▲ 28.5% |
| Cash at bank and in hand54/58 | €16,772 | €49 | €13,566 | ▲ 27,586% |
| Deferred charges and accrued income490/1 | €32,460 | €53,447 | €59,369 | ▲ 11.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €408,980 | €390,799 | €399,630 | ▲ 2.3% |
| Equity10/15 | €185,625 | €174,829 | €179,001 | ▲ 2.4% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | €12,400 | €12,400 | €12,400 | = |
| Issued capital100 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €56,066 | €56,066 | €56,066 | = |
| Legal reserve130 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €54,206 | €54,206 | €54,206 | = |
| Profit (loss) carried forward14 | €117,159 | €106,363 | €110,535 | ▲ 3.9% |
| Amounts payable17/49 | €223,355 | €215,970 | €220,629 | ▲ 2.2% |
| Amounts payable after more than one year17 | €156,353 | €146,283 | €135,769 | ▼ 7.2% |
| Financial debts170/4 | €156,353 | €146,283 | €135,769 | ▼ 7.2% |
| Amounts payable within one year42/48 | €67,002 | €69,687 | €84,860 | ▲ 21.8% |
| Current portion of amounts payable after more than one year42 | €10,657 | €12,651 | €10,515 | ▼ 16.9% |
| Financial debts43 | - | €561 | - | - |
| Credit institutions430/8 | - | €561 | - | - |
| Trade debts44 | €16,482 | €14,778 | €26,796 | ▲ 81.3% |
| Suppliers440/4 | €16,482 | €14,778 | €26,796 | ▲ 81.3% |
| Advances received on contracts in progress46 | €5,427 | €2,100 | €2,100 | = |
| Taxes, remuneration and social security45 | €34,436 | €39,597 | €45,449 | ▲ 14.8% |
| Taxes450/3 | €32,875 | €32,168 | €39,548 | ▲ 22.9% |
| Remuneration and social security454/9 | €1,561 | €7,429 | €5,901 | ▼ 20.6% |
| Line | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €89,954 | €59,204 | €39,172 | ▼ 33.8% |
| + Depreciation and write-downs630 | €26,543 | €23,310 | €20,280 | ▼ 13.0% |
| Operating cash flow (approximation) | €116,497 | €82,514 | €59,452 | ▼ 27.9% |
| Investment in fixed assets (approximation) | - | €0 | -€1,266 | - |
| Change in cash | - | -€16,723 | €13,517 | ▲ 181% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2020
21-02
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Neufchâteau · event 14-02-2020
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 152 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 237 days late
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 166 days late
30-06
Financial
Weakest financial yearnet €39,172 ▼33.8%
Net result drops to €39,172, the lowest in the series.
2015
10-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 191 days late
2014
26-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 207 days late
2013
01-03
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 29 days late
2011
02-11
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 275 days late
2009
31-08
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 31 days late
2008
27-08
NBB filing
Annual accounts filed
fiscal year 2007 · full schema · 27 days late
2007
24-07
NBB filing
Annual accounts filed
fiscal year 2006 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Wellin · 1 establishment unit since 2002
Ground area
1,540 m²
Building footprint
127 m²
Volume, LiDAR
1,065 m³
Parcel 84025B0106/00L000, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Fivet & Co SPRL
since 20022.133.598.736
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84025B0106/00L000 | Wallonia | 1,540 m² | 1 · 127 m² | 10.0 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VINCIANNE PETIT AVENUE DE BOUILLON 16,
6800 LIBRAMONT-CHEVIGNY |
14-02-2020 → present |
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Of 2,264 companies in sector 69209 we hold annual accounts for 1,101. 845 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 (pre-2019)
Founded17-10-2002
Fiscal year end30-06
Activities, NACEBEL 2025
69209Other tax advisory services
Contact
Phone
084389723
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.