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LA CINQUIEME COUCHE

Active
Non-profit associationfounded 1995active for 31 yearsCanadastraat 11, 1190 Vorst, BelgiumKBO/BCE: BE 0455.495.172
Summary

LA CINQUIEME COUCHE has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72,939 and a net result of -€9,170. Its solvency ranks better than 78% of 821 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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LA CINQUIEME COUCHEActiveChecked score 95/100
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Overview

Activity
Book publishing
NACE 58110
10th oldest company in Vorst, Publishing and media sector1 site
Size
€88,997total assets 2025
Equity
€72,939
Deficit
-€9,170
Turnover not published (micro format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts filed 61 days late1 of 5 deeds summarised
Why 95raises risk1 change of registered office in 24 monthslowers riskLegal form: non-profit associationLiquidity: current ratio 5.50, cash €24,108Equity €72,939 (82.0% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 59% of its sector peers (NACE 58, micro)
Every signal that counts is listed under Signals.
Financial strength
Strong
Solvency 100
equity 82.0% of total assets
Liquidity 79
short-term debt 18.0% · cash 27.1%
Profitability 6
return on assets -10.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (1,280 companies, NACE 58, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 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 10-2025highest value 12-2025: < 0.1%● unchanged vs 11-2025highest value 01-2026: < 0.1%● unchanged vs 12-2025highest value 02-2026: < 0.1%● unchanged vs 01-2026highest value 03-2026: < 0.1%● unchanged vs 02-2026highest value 04-2026: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.5, above the usual 1.5; short-term debt: 18% and cash: 27.1% of total assets), and 18% 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 58, micro): better than 87% on solvency, 71% on liquidity and 19% on profitability.

The bankruptcy probability was computed on 28-10-2026 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 risk
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 5.50, cash €24,108
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Equity €72,939 (82.0% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
61 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered office · Resignations & appointmentsRegistered-office move · Director in…

Key points

  • Caution: Among the weakest 19% on net resultsector median €6,222 · 819 companies -€9,170 View
  • Caution: Latest accounts filed lateafter the legal deadline 61 days View
  • Wallonia-Brussels supportpaid from 2021 to 2025 €98,644 View

By topic

Financials

Financial year
2025
Total assets
€88,997
Loss
-€9,170
Solvency
82.0%
Go to Financials

Company details

Sites
1
Legal form
Non-profit association
Activity
Book publishingNACE 58110
Founded
13-07-1995
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about LA CINQUIEME COUCHE

What is the company number of LA CINQUIEME COUCHE?
0455.495.172. In Belgium the VAT number is the company number with BE in front: BE 0455.495.172.
Where is LA CINQUIEME COUCHE based?
The registered office is at Canadastraat 11, 1190 Vorst.Company details
What does LA CINQUIEME COUCHE do?
According to the KBO register, the main activity is book publishing (NACE 58110).
What is the legal form of LA CINQUIEME COUCHE?
Non-profit association (VZW).
When was LA CINQUIEME COUCHE founded?
On 13-07-1995.
Is LA CINQUIEME COUCHE still active?
Yes, LA CINQUIEME COUCHE is an active enterprise in the KBO register.
What is the turnover of LA CINQUIEME COUCHE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is LA CINQUIEME COUCHE profitable?
In financial year 2025, LA CINQUIEME COUCHE made a loss of €9,170.
Where can I find the annual accounts of LA CINQUIEME COUCHE?
LA CINQUIEME COUCHE filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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