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Fivez Tech

Active
Private limited companyfounded 2009active for 17 yearsAstridlaan(Sch) 179, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0816.898.960
Summary

Fivez Tech has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €353,546 and a net result of €104. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 72% of 9,624 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Office administrative and support services
NACE 82100
10th largest company by equity in Geraardsbergen, Administrative and support services sector1 site
Size
€483,461total assets 2025
Equity
€353,546
Profit
€104
Turnover not published (abbreviated or micro format)
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Holdings
1
2025 accounts 43 days early3 deeds in the Belgian Official Gazette
Why 91raises riskLiquidity: current ratio 0.17, cash €2,779lowers riskSize: total assets €483,461Founded in 2009Equity €353,546 (73.1% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 41% of its sector peers (NACE 82, micro)
Financial strength · tick = 2024
Strong
Solvency 98=
equity 73.1% of total assets
Liquidity 40-1
short-term debt 26.8% · cash 0.6%
Profitability 53-16
return on assets 0.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,642 companies, NACE 82, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024highest value 02-2025: 0.2%▼ -0.1 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.1%▼ -0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.17, compared with 0.17 in 2024, below 1; short-term debt: 26.8% and cash: 0.6% of total assets), and 26.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro): better than 74% on solvency, 24% on liquidity, 28% on profitability and 40% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €483,461
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.17, cash €2,779
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €353,546 (73.1% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-03-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
41 days early
2023
41 days early
2022
27 days early
2021
33 days early
2020
45 days early
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 38 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 21 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end25-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet €104 ▼83.4%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€353,546=
2024 · €353,442
Total assets
€483,461▼ 0.1%
2024 · €483,707
Net result
€104▼ 83.4%
2024 · €630
Working capital
-€107,601=
2024 · -€107,574
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result has fallen three years in a row; 2025 is 56% below 2024 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€541 2025 Net result€104 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€5,923-€10,406▲ 75.7%€6,530▼ 37.2%€11,640▲ 78.3%€1,874▼ 83.9%€1,234▼ 34.1%€541▼ 56.2%
Net result€3,262-€3,196within the sector's middle half▼ 2.0%€936within the sector's middle half▼ 70.7%€3,845within the sector's middle half▲ 311%€898within the sector's middle half▼ 76.7%€630within the sector's middle half▼ 29.8%€104below the sector's middle half▼ 83.4%
Equity€343,937-€347,133within the sector's middle half▲ 0.9%€348,069within the sector's middle half▲ 0.3%€351,914above the sector's middle half▲ 1.1%€352,812above the sector's middle half▲ 0.3%€353,442above the sector's middle half▲ 0.2%€353,546above the sector's middle half=
Total assets€503,290-€490,915within the sector's middle half▼ 2.5%€482,564within the sector's middle half▼ 1.7%€491,060above the sector's middle half▲ 1.8%€482,975above the sector's middle half▼ 1.6%€483,707above the sector's middle half▲ 0.2%€483,461above the sector's middle half▼ 0.1%
Debt€159,353-€143,782▼ 9.8%€134,495▼ 6.5%€139,146▲ 3.5%€130,164▼ 6.5%€130,266▲ 0.1%€129,916▼ 0.3%
Working capital-€133,096--€130,337below the sector's middle half▲ 2.1%-€122,416below the sector's middle half▲ 6.1%-€109,131below the sector's middle half▲ 10.9%-€108,207below the sector's middle half▲ 0.8%-€107,574below the sector's middle half▲ 0.6%-€107,601below the sector's middle half=
Solvency68.3%-70.7%above the sector's middle half▲ 2.4pp72.1%above the sector's middle half▲ 1.4pp71.7%within the sector's middle half▼ 0.5pp73.0%within the sector's middle half▲ 1.4pp73.1%within the sector's middle half=73.1%within the sector's middle half▲ 0.1pp
Current ratio0.10-0.08below the sector's middle half▼ 0.020.09below the sector's middle half▲ 0.010.21below the sector's middle half▲ 0.120.17below the sector's middle half▼ 0.050.17below the sector's middle half▲ 0.010.17below the sector's middle half=
Return on assets (ROA)0.6%-0.7%within the sector's middle half=0.2%within the sector's middle half▼ 0.5pp0.8%within the sector's middle half▲ 0.6pp0.2%within the sector's middle half▼ 0.6pp0.1%below the sector's middle half▼ 0.1pp0.0%below the sector's middle half▼ 0.1pp
above within below the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €483,461
Fixed assets €461,689 ▲ 0.1%
Current assets €21,773 ▼ 2.8%
Equity and liabilities €483,461
Equity €353,546 =
Debt €129,916 ▼ 0.3%
Debt's share of the balance-sheet total falls from 26.9% to 26.9%. Debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€798▼
2024 · €1,234
Cash flow
€362▼
2024 · €630
Debt to equity
0.37▼
2024 · 0.37
ROE
0.0%▼
2024 · 0.2%
Interest coverage
4.07▼
2024 · 7.19
Debt ≤ 1 year
€129,373▼
2024 · €129,976
Income taxes
€240▼
2024 · €433
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€483,707€483,461▼
Fixed assets21/28€461,305€461,689▲
Tangible fixed assets22/27-€384
Plant, machinery and equipment23-€384
Financial fixed assets28€461,305€461,305=
Current assets29/58€22,402€21,773▼
Amounts receivable within one year40/41€16,094€16,802▲
Trade receivables40€0-
Other amounts receivable41€16,094€16,802▲
Cash at bank and in hand54/58€4,105€2,779▼
Deferred charges and accrued income490/1€2,203€2,192▼
Equity and liabilities
Total equity and liabilities10/49€483,707€483,461▼
Equity10/15€353,442€353,546=
Contributions10/11€300,000€300,000=
Reserves13€35,700€35,700=
Non-distributable reserves130/1€30,000€30,000=
Reserves not available under the articles1311€30,000€30,000=
Distributable reserves133€5,700€5,700=
Profit (loss) carried forward14€17,742€17,846▲
Amounts payable17/49€130,266€129,916▼
Amounts payable within one year42/48€129,976€129,373▼
Trade debts44€3,813€3,401▼
Suppliers440/4€3,813€3,401▼
Taxes, remuneration and social security45€10,975€10,876▼
Taxes450/3€6,395€6,046▼
Remuneration and social security454/9€4,580€4,830▲
Other amounts payable47/48€115,188€115,096▼
Accrued charges and deferred income492/3€290€542▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€257▲
Other operating charges640/8€753€641▼
Gross operating margin9900€1,987€1,439▼
Operating profit (loss)9901€1,234€541▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€172€196▲
Recurring financial charges65€172€196▲
Profit (loss) for the period before taxes9903€1,063€344▼
Income taxes67/77€433€240▼
Profit (loss) for the period9904€630€104▼
Profit (loss) for the period to be appropriated9905€630€104▼
Appropriation of the result
Profit (loss) to be appropriated9906€17,742€17,846▲
Profit (loss) brought forward from the previous period14P€17,112€17,742▲

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

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,061€9,172€9,291€9,180€0€0€257-
Other operating charges640/8---€1,073€846€753€641▼ 14.9%
Gross operating margin9900€16,008€20,642€16,885€21,893€2,720€1,987€1,439▼ 27.6%
Operating profit (loss)9901€5,923€10,406€6,530€11,640€1,874€1,234€541▼ 56.2%
Financial income75/76B----€0€0--
Recurring financial income75----€0€0--
Financial charges65/66B---€4,932€414€172€196▲ 14.3%
Recurring financial charges65€611€4,975€2,733€4,932€414€172€196▲ 14.3%
Profit (loss) for the period before taxes9903€5,312€5,431€3,797€6,708€1,460€1,063€344▼ 67.6%
Income taxes67/77€2,050€2,235€2,861€2,863€562€433€240▼ 44.5%
Profit (loss) for the period9904€3,262€3,196€936€3,845€898€630€104▼ 83.4%
Profit (loss) for the period to be appropriated9905€3,262€3,196€936€3,845€898€630€104▼ 83.4%
Line2019202020212022202320242025Change
Assets
Total assets20/58€503,290€490,915€482,564€491,060€482,975€483,707€483,461▼ 0.1%
Fixed assets21/28€488,488€479,776€470,485€461,305€461,305€461,305€461,689▲ 0.1%
Tangible fixed assets22/27€27,183€18,471€9,180€0--€384-
Plant, machinery and equipment23------€384-
Financial fixed assets28€461,305€461,305€461,305€461,305€461,305€461,305€461,305=
Current assets29/58€14,802€11,139€12,079€29,755€21,670€22,402€21,773▼ 2.8%
Amounts receivable within one year40/41€7,650€702€7,339€19,294€18,761€16,094€16,802▲ 4.4%
Trade receivables40----€1,538€0--
Other amounts receivable41---€19,294€17,222€16,094€16,802▲ 4.4%
Cash at bank and in hand54/58€5,795€9,082€3,383€9,179€584€4,105€2,779▼ 32.3%
Deferred charges and accrued income490/1---€1,281€2,326€2,203€2,192▼ 0.5%
Equity and liabilities
Total equity and liabilities10/49€503,290€490,915€482,564€491,060€482,975€483,707€483,461▼ 0.1%
Equity10/15€343,937€347,133€348,069€351,914€352,812€353,442€353,546=
Contributions10/11€300,000--€300,000€300,000€300,000€300,000=
Reserves13€33,200€35,700€35,700€35,700€35,700€35,700€35,700=
Non-distributable reserves130/1---€30,000€30,000€30,000€30,000=
Reserves not available under the articles1311---€30,000€30,000€30,000€30,000=
Distributable reserves133---€5,700€5,700€5,700€5,700=
Profit (loss) carried forward14€10,737€11,433€12,369€16,214€17,112€17,742€17,846▲ 0.6%
Amounts payable17/49€159,353€143,782€134,495€139,146€130,164€130,266€129,916▼ 0.3%
Amounts payable after more than one year17€11,455€2,306------
Amounts payable within one year42/48€147,898€141,476€134,495€138,886€129,877€129,976€129,373▼ 0.5%
Trade debts44€1,154€1,497€1,426€4,566€1,141€3,813€3,401▼ 10.8%
Suppliers440/4---€4,566€1,141€3,813€3,401▼ 10.8%
Taxes, remuneration and social security45---€13,461€13,548€10,975€10,876▼ 0.9%
Taxes450/3---€8,921€8,718€6,395€6,046▼ 5.5%
Remuneration and social security454/9---€4,540€4,830€4,580€4,830▲ 5.5%
Other amounts payable47/48---€120,859€115,188€115,188€115,096▼ 0.1%
Accrued charges and deferred income492/3---€260€286€290€542▲ 87.1%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€3,262€3,196€936€3,845€898€630€104▼ 83.4%
+ Depreciation and write-downs630€9,061€9,172€9,291€9,180€0€0€257-
Operating cash flow (approximation)€12,323€12,368€10,227€13,025€898€630€362▼ 42.6%
Investment in fixed assets (approximation)--€460€0-€0€0€0-€641-
Change in cash-€3,287-€5,699€5,796-€8,595€3,521-€1,326-

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

Latest 10 of 16 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 18-03-2026 2026-00056147
30-09-2024 micro format 20-03-2025 2025-00050671
30-09-2023 micro format 20-03-2024 2024-00049384
30-09-2022 micro format 03-04-2023 2023-00055343
30-09-2021 abbreviated format 28-03-2022 2022-09400599
30-09-2020 abbreviated format 16-03-2021 2021-07900033
30-09-2019 abbreviated format 25-03-2020 2020-07800042
30-09-2018 abbreviated format 27-03-2019 2019-08600122
30-09-2017 abbreviated format 13-03-2018 2018-07000050
30-09-2016 abbreviated format 28-02-2017 2017-05800284

Show all 16 filings

Similar companies · same sector, comparable size

Of the 11,121 active companies whose main activity is office administrative and support services (NACE 82100), figures are known for 3,587. 2,202 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.

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the annual accounts to 30-09-2024 of Fivez Tech and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

No directors read yet: 0 of 3 Gazette acts processed.

History

Fivez Tech was incorporated on 8 July 2009.1 Total assets went from €503,290 in 2019 to €483,461 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
18-03
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
30-09
Financial Weakest financial yearnet €104 ▼83.4%
Net result drops to €104, the lowest in the series.
20-03
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
20-03
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
03-04
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
30-09
Financial Highest result from 2019 to 2025net €3,845 ▲311%
Operating result €11,640, net result €3,845, both a record.
28-03
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
16-03
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
25-03
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
27-03
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
13-03
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
28-02
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 16 annual accounts filed, the latest 10 are here; all 16 are under Financials.
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official 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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Register details

Identification
Legal formPrivate limited company
Founded08-07-2009
Financial year end30-09
Activities, NACEBEL 2025
82100Office administrative and support services
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0816898960
Also 9925:BE0816898960
Registered 07-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Geraardsbergen · 1 establishment unit since 2009
registered office establishment approximate The establishment unit on the map
Ground area
4,073 m²
Parcel 41043A0199/02B000, Flanders. Linked by address, not a title deed.
1 establishment unit
Fivez Tech
Astridlaan(Sch) 179, 9500 GeraardsbergenOffice administrative and support services
since 2009unit no. 2.179.558.326
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
41043A0199/02B000 Flanders 4,073 m² - -
How the parcels are linked
Good to know
The parcel matches the address exactly.