FIVETIMESWHY

Active

Private limited companyfounded 20242 yrs activeVan Averbekelaan 13, 2050 Antwerpen, BelgiumKBO/BCE: BE 1010.623.895

FIVETIMESWHY has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €55k and a net result of €53k. Its solvency ranks better than 36% of 37968 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Watch Print / PDF

Checked score

Score 2024

76 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency67

Growth-

Track record67

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €4k at 30 days acceptable

Liquidity ample (current ratio 1.93; short-term debt: 26.6% and cash: 13.6% of total assets), but 58.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Sector 70

lower

← fewer bankruptcies more bankruptcies →

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

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2024

42 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€55k

Total assets

€132k

Net result

€53k

Working capital

€33k

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

Balance-sheet composition

Assets €132k

48.5%

51.5%

Fixed assets €64k

Current assets €68k

Equity and liabilities €132k

41.8%

58.2%

Equity €55k

Debt €77k

Debt finances 58.2% of the balance-sheet total.

Key figures and ratios

2024 value

EBITDA

€76k

Cash flow

€60k

Solvency

41.8%

Current ratio

1.93

Quick ratio

1.93

Debt / equity

1.39

ROE

96.4%

ROA

40.2%

Interest coverage

67.74

Debt

€77k

Debt ≤ 1 year

€35k

Debt > 1 year

€42k

Income taxes

€14k

Filed annual accounts

As filed with the NBB · 2024

Balance sheet Code2024

Assets

Total assets20/58€132k

Fixed assets21/28€64k

Tangible fixed assets22/27€64k

Furniture and vehicles24€64k

Current assets29/58€68k

Amounts receivable within one year40/41€49k

Trade receivables40€41k

Other amounts receivable41€8k

Cash at bank and in hand54/58€18k

Deferred charges and accrued income490/1€1k

Equity and liabilities

Total equity and liabilities10/49€132k

Equity10/15€55k

Contributions10/11€2k

Reserves13€53k

Distributable reserves133€53k

Amounts payable17/49€77k

Amounts payable after more than one year17€42k

Financial debts170/4€42k

Amounts payable within one year42/48€35k

Current portion of amounts payable after more than one year42€15k

Trade debts44€2k

Suppliers440/4€2k

Taxes, remuneration and social security45€18k

Taxes450/3€18k

Accrued charges and deferred income492/3€50

Income statement Code2024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k

Gross operating margin9900€76k

Operating profit (loss)9901€68k

Financial income75/76B€42

Recurring financial income75€42

Financial charges65/66B€1k

Recurring financial charges65€1k

Profit (loss) for the period before taxes9903€67k

Income taxes67/77€14k

Profit (loss) for the period9904€53k

Profit (loss) for the period to be appropriated9905€53k

Appropriation of the result

Profit (loss) to be appropriated9906€53k

Transfer to equity691/2€53k

To other reserves6921€53k

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

Download as CSV

Timeline · acts, filings and financial milestones

All 1Filings 1

2025

19-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

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, Antwerpen · 1 establishment unit since 2024

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Van Averbekelaan 132050 Antwerpen

Ground area

782 m²

Building footprint

212 m²

Volume, LiDAR

1,308 m³

Parcel 11813N0684/00P000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

FIVETIMESWHY

Van Averbekelaan 13, 2050 AntwerpenFinancial service activities, except insurance and pension funding

since 20242.360.704.044

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11813N0684/00P000	Flanders	782 m²	1 · 212 m²	10.1 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 627 EUR awarded · 627 EUR paid

Year	Entries	awarded	paid
2025	1	627 EUR	627 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 627 EUR · 627 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Black Creek

BE 0755.604.462

Sint-Niklaas · Eq €55k

Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 38,552 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded21-06-2024

Fiscal year end31-12

Activities, NACEBEL

70200Business and other management consultancy

70220Business consulting

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

Website:www.fivetimeswhy.com

Enterprise