LA CINQUIEME COUCHE

Active

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

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

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 823 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

Risk analysis Report Compare

Official details

KBO

Status: Active since 13-07-1995 Normal situation
Legal form: Non-profit association
Registered office: Canadastraat 11, 1190 Vorst
Activity: Book publishing NACE 58110
Establishment unit: 2.220.593.779 1190 Vorst, since 13-07-1995
Financial year end: 31 December
Peppol: Reachable since 20-11-2020

Company details

Board and ownership

Board: Office holders in the KBO

Board & ownership

Financial position

95 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Annual accounts 2025

Gross margin: -€2,206
Deficit: €9,170
Equity: €72,939
Total assets: €88,997

Turnover not published (micro format)2025 accounts filed 61 days after the deadline

Filed on 30-09-2026at the National Bank

Financials

Score breakdownraises 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 stronger than 59% of micro companies in publishing (NACE 58)

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 within 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% (1,283 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 is ample, with a current ratio of 5.5, above the usual 1.5. Short-term debt is 18% and cash 27.1% of total assets. 18% of the assets are financed with debt and provisions.

Calculation

The band follows from the bankruptcy probability. 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). It does better than 87% of them on solvency, 71% on liquidity and 19% on profitability.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.

lowers riskraises risk

Legal form: non-profit association

KBO

Liquidity: current ratio 5.50, cash €24,108

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Equity €72,939 (82.0% of total assets)

NBB · annual accounts

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)

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Caution: Lower net result than 81% of companies in publishingsector median €6,257 · 820 companies -€9,170 View
Wallonia-Brussels supportpaid from 2021 to 2025 €98,644 View

Documents

Key facts about LA CINQUIEME COUCHE

What is the company number of LA CINQUIEME COUCHE?: The company number of LA CINQUIEME COUCHE is 0455.495.172. The VAT number is the same 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?: The legal form of LA CINQUIEME COUCHE is Non-profit association (VZW).
When was LA CINQUIEME COUCHE founded?: LA CINQUIEME COUCHE was 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?: The annual accounts for financial year 2025 state no turnover. The micro format does not require it.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.Annual accounts at the National Bank

Comparable companies

These companies have the same main activity as LA CINQUIEME COUCHE: book publishing (NACE 58110). They are comparable in size and age: total assets between €38,600 and €112,000, founded between 1993 and 2002.

Company	Total assets	Gross margin
LA CINQUIEME COUCHE Vorst	€88,997	-€2,206
EDITIONS ENIGMATIC Ukkel	€87,572	-€6,342
MINESTRONE Mortsel	€67,685	-€6,220
VDH BOOKS Knokke-Heist	€112,133	-€1,097
MEMOGRAMES Frameries	€74,150	-€41,574
LES EDITIONS ANANKE Ukkel	€42,978	€1,291
ALAIN VAN KERCKHOVEN EDITEUR Schaarbeek	€38,558	€739