Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 6.8 to 5.8.
Financials
Financial year 2025
Fivé from Oostkamp, company number BE0402912066, closed financial year 2025 with a result of € 20,933 after tax. For that financial year Fivé recorded a gross margin of € 650,712 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 968 to € 20,933. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 17, 2026.
€ 1.7 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,933
▲ € 19,965 vs 2024
Profit after tax over the fiscal year.
€ 410,240
▲ 101% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.6 million.
People and assets in 2025
5.8
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 420,538
▼ 3% vs 2024
€ 72,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 116,933
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 905,359
▲ 11% vs 2024
€ 35,463 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2.3 million
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 163,139
▲ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 782,727 | € 768,950 | € 652,761 | € 650,712 | |
| Profit after taxes | € 29,407 | € 1,946 | € 968 | € 20,933 | ▲ € 19,965 |
| Equity | € 1,662,366 | € 1,664,312 | € 1,665,280 | € 1,686,213 | ▲ 1% |
| Total debts | € 2,820,187 | € 3,351,164 | € 3,237,029 | € 3,462,347 | ▲ 7% |
| Cash | € 277,588 | € 535,753 | € 203,788 | € 410,240 | ▲ 101% |
| Retained profit | € 1,538,420 | € 1,540,366 | € 1,541,334 | € 1,562,267 | ▲ 1% |
| Bank debt | € 1,002,480 | € 1,059,609 | € 813,190 | € 905,359 | ▲ 11% |
| Balance sheet total | € 4,482,553 | € 5,015,476 | € 4,902,310 | € 5,148,560 | ▲ 5% |
| Employees (FTE) | 6.9 | 6.8 | 5.9 | 5.8 | ▼ 0.1 |
Key figures of Fivé, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Fivé?
What happened at Fivé in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,933 (▲ € 19,965 vs 2024). Source: NBB ↗
- RUBEN VAN HEDDEGEM became a director. NBB
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
- New establishment in Vorst. KBO
In short
From € 29,407 profit in 2022 to € 20,933 profit in 2025.
Paid € 72,016 in corporate taxes since 2022.
Best year ever: 2022, with € 29,407 profit.
On average € 112,200 of value added per employee in 2025.
Management
The stake of C & K f.l.a. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FivéBehind Fivé are KOENRAAD VAN HEDDEGEM, RUBEN VAN HEDDEGEM and ERIC ANTONIO. The shares are held by C & K f.l.a. (99%).
Directors
According to the 2025 annual accounts
KOENRAAD VAN HEDDEGEM
Managing director
Also active at: C & K f.l.a., STRATOS PNEUMATIC, C & K, TRAVEE, Motorrijder
since 2025
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 3B
8020 Oostkamp
Wijngaardstraat 10
1190 Vorst
Active since 1 January 1937
Nijverheidsstraat 3
8020 Oostkamp
Active since 7 January 1994
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.912.066
- VAT number
- BE 0402.912.066
- Registered office
- Nijverheidsstraat 3B, 8020 Oostkamp
- Names & denominations
- Fivé
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 17 Dec 2025
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