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Generated 24-07-2026
Active BE 0734.822.708Private limited companyOpen bankruptcy

Purchasing The 5th P

· 6 yrs active
Sector: Financial services (64210)
Conclusion Checked

A bankruptcy procedure is open for Purchasing The 5th P according to publications in the Belgian State Gazette. The 2019 annual accounts show equity of €68k and a net result of €64k.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €68k
Net result €64k
Active 6 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health0Profitability100Solvency100Growth50Stability0
50 / 100

Mixed profile: strong on profitability, weaker on health.

Health 0
Profitability 100
Solvency 100
Growth 50
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Financial overview1 NBB filings
Annual accounts filed on 20-11-2020 with the NBB · fiscal year 2019 · micro
Fiscal year2019
Revenuen/a
EBITDAn/a
Net profit€64k
Cash flown/a
Staff costs-
Income taxes€28k
Dividends-
Total assets€119k
Equity€68k
Debt€52k
of which ≤ 1y€52k
of which > 1y-
Working capitaln/a
Employees (FTE)-
Ratios (computed)
2019
Current ration/a
Quick ration/a
Working capital ration/a
Solvency56.7%
Debt / equityn/a
Long-term debt ration/a
Interest coveragen/a
Gross marginn/a
Net marginn/a
ROA53.6%
ROE94.4%
EBITDA marginn/a
Days sales outstandingn/a
Days payable outstandingn/a
Inventory turnovern/a
Days inventory (DSI)n/a
Balance-sheet composition 2019
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2019
Balance sheet, Assets
TOTAL ASSETS 20/58€119k
Fixed assets 21/28€3k
Tangible fixed assets 22/27€254
Financial fixed assets 28€2k
Current assets 29/58€116k
Amounts receivable within one year 40/41€115k
Cash & bank 54/58€275
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€119k
Equity 10/15€68k
Reserves 13€64k
Amounts payable 17/49€52k
Amounts payable within one year 42/48€52k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€90k
Operating result 9901€90k
Financial income 75€2k
Financial charges 65€471
Result before taxes 9903€92k
Income taxes 67/77€28k
Net result for the period 9904€64k
Result to be appropriated 9905€64k
Ratios computed by Checked.
Directors & mandates2 persons
Role Name Tenure Source
Curator RONNY MAES
PRINS BISSCHOPSINGEL 11, 3500 HASSELT
 04-03-2021 → present Belgian State Gazette
Curator KRISTOF KROL
PRINS BISSCHOPSSINGEL 11, 3500 HASSELT
 04-03-2021 → present Belgian State Gazette
Legal Structure
NACE primary Financial services(64210)
Legal form Private limited company(610)
Incorporation24-09-2019
StatusActive
Postal code-
First BS signal 10-03-2021
Latest BS signal 10-03-2021
Company structure, linked entities2 linked entities
Purchasing The 5th PBE 0734.822.708RONNY MAESReceiverKRISTOF KROLReceiver ↔ 108Hammer-IMSM+S Tyre MastersFietsboetiek
Mandates
↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.
Establishment units 1 location
Purchasing The 5th P
Managementsactiviteiten van holdings : tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal, enz.
since 20192.294.954.474
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71022H1384/00S009 Flanders 236 m² 1 · 195 m² 18.5 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2021
10-03-2021
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · PURCHASING THE 5TH P BV THONISSENLAAN 21/2.01, 3500 HASSELT · event 04-03-2021
2020
20-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
Lifecycle & Insolvency Signals 1 events
10-03-2021
Bankruptcy Opening
Date: 04-03-2021 · Ondernemingsrechtbank Antwerpen, afdeling Hasselt · PURCHASING THE 5TH P BV THONISSENLAAN 21/2.01, 3500 HASSELT · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262021-03-10 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Holdings64200Activiteiten van holdings64210Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
Legal nameNL Purchasing The 5th P
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative