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The 5th Floor

Active
Private limited companyfounded 20241 yr activePaule Nolensstraat 2, 3511 Hasselt, BelgiumKBO/BCE: BE 1015.138.355
Summary

The computed 12-month bankruptcy probability of The 5th Floor is 1.6% (moderate). The 2025 annual accounts show equity of €12,784 and a net result of €7,784. Its solvency ranks better than 49% of 2771 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Fitness centres
NACE 93130
1 site
Size
€48,020total assets 2025
Equity
€12,784
Profit
€7,784
Turnover not published (abridged schema)
Financial health
57 Fair Checked score 2025
Bankruptcy chance 12 m
1.6%
Structure
Accounts filed 16 d late0 of 3 deeds read
Why 57- 2 changes of registered office in 24 months- Founded in 2024+ Sector Sports, amusement and recreation activities (NACE 93)+ Liquidity: current ratio 0.70, cash €16,552Show the evidence

Checked score

Score 2025
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 66% of its sector peers (NACE 93, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency 52
equity 26.6% of total assets
Liquidity 65
short-term debt 55.5% · cash 34.5%
Profitability 89
return on assets 16.2%
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,256 companies)
Last 24 months 11-2025: 1.1%lowest value 12-2025: 1.2%▲ +2.8% vs 11-2025 01-2026: 3.6%▲ +207% vs 12-2025 02-2026: 3.7%▲ +3.8% vs 01-2026 03-2026: 3.7%● 0.0% vs 02-2026 04-2026: 3.9%▲ +4.9% vs 03-2026 05-2026: 4.0%▲ +3.3% vs 04-2026highest value 06-2026: 4.0%● 0.0% vs 05-2026highest value 07-2026: 3.9%▼ -2.3% vs 06-2026 08-2026: 3.9%● 0.0% vs 07-2026 09-2026: 1.5%▼ -60.5% vs 08-2026 10-2026: 1.6%▲ +3.5% vs 09-2026
  • 2 changes of registered office in 24 months raises the probability
  • Sector Sports, amusement and recreation activities (NACE 93) lowers the probability
  • Liquidity: current ratio 0.70, cash €16,552 lowers the probability
  • Founded in 2024 raises the probability for this profile
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.7; short-term debt: 55.5% and cash: 34.5% of total assets), and 73.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 93, micro). Better than this share of them on solvency 48%, liquidity 70%, profitability 79%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 2 changes of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Sector Sports, amusement and recreation activities (NACE 93)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 0.70, cash €16,552
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Founded in 2024
In the bankruptcy model this factor raises the probability for this profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-08-2026, 16 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
16 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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
  1. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Total assets 2025first fiscal year filed €48,020 View
  • Active since 2024founded 15-10-2024 1 years View

By topic

Financials

Fiscal year
2025
Total assets
€48,020
Profit
€7,784
Solvency
26.6%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Fitness centresNACE 93130
Founded
15-10-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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