FIVEZ is a water company in Geraardsbergen. Public Limited, started on 18 December 1985, 1 establishment.

What is the address of FIVEZ?

The registered office of FIVEZ is located at Astridlaan(Sch) 179, 9500 Geraardsbergen.

Is FIVEZ still active?

Yes. According to the CBE (29 October 2026) FIVEZ is active, legal situation “Normale toestand”, started on 18 December 1985.

Is FIVEZ registered on Peppol?

Yes, FIVEZ is registered on the Peppol network with ID 0208:0428107124.

What is the enterprise number of FIVEZ?

The enterprise number of FIVEZ is BE0428107124.

When was FIVEZ founded?

FIVEZ was founded on 18 December 1985.

Who are the directors of FIVEZ?

According to the 2025 annual accounts, the directors of FIVEZ are: Fivez Tech BV, Karin Fivez.

Is FIVEZ a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 December 1985; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did FIVEZ make in 2025?

FIVEZ recorded a loss after taxes of € 56,514 in financial year 2025.

What is the revenue of FIVEZ?

As a small company, FIVEZ is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 835,686.

How much does an employee at FIVEZ earn?

The average wage cost per full-time employee at FIVEZ was € 66,700 in 2025: staff costs of € 760,176 for 11.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FIVEZ have?

According to the 2025 annual accounts, FIVEZ has 11.4 full-time equivalents (FTE).

FIVEZ (Public Limited) - Geraardsbergen - BE0428107124

Dossier FIVEZ, printed on 29 October 2026 from databakkes.be/en/0428107124/fivez. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 51 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

FIVEZ from Geraardsbergen, company number BE0428107124, closed financial year 2025 with a result of € -56,514 after tax. For that financial year FIVEZ recorded a gross margin of € 835,686 and equity of € 129,423. Compared with financial year 2024, the result moved from € 10,598 to € -56,514. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.

What it is worth Healthy

€ 129,423

▼ 30% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -56,514

▼ still € 10,598 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 102,343

▼ 16% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 43,023.

People and assets in 2025

Full-time equivalents

11.4

▼ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 760,176

▲ 3% vs 2024

€ 66,700 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.

Vehicles and equipment

€ 32,211

▼ 8% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 415,960

▲ 4% vs 2024

€ 63,115 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 187,839

▼ 17% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 125,186

▲ 51% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 766,827 Gross margin 2022: € 766,827 First fiscal year in the series	€ 833,868 Gross margin 2023: € 833,868 ▲ 9% vs 2022 (€ 766,827) Favourable step	€ 883,566 Gross margin 2024: € 883,566 ▲ 6% vs 2023 (€ 833,868) Favourable step	€ 835,686 Gross margin 2025: € 835,686 ▼ 5% vs 2024 (€ 883,566) Unfavourable step	▼ 5%
Profit after taxes	€ 37,340 Profit after taxes 2022: € 37,340 First fiscal year in the series	€ -73,383 Profit after taxes 2023: € -73,383 ▼ € 110,723 vs 2022 (€ 37,340) Unfavourable step	€ 10,598 Profit after taxes 2024: € 10,598 ▲ € 83,981 vs 2023 (€ -73,383) Favourable step	€ -56,514 Profit after taxes 2025: € -56,514 ▼ € 67,112 vs 2024 (€ 10,598) Unfavourable step	▼ € 67,112
Equity	€ 248,723 Equity 2022: € 248,723 First fiscal year in the series	€ 175,340 Equity 2023: € 175,340 ▼ 30% vs 2022 (€ 248,723) Unfavourable step	€ 185,938 Equity 2024: € 185,938 ▲ 6% vs 2023 (€ 175,340) Favourable step	€ 129,423 Equity 2025: € 129,423 ▼ 30% vs 2024 (€ 185,938) Unfavourable step	▼ 30%
Total debts	€ 805,264 Total debts 2022: € 805,264 First fiscal year in the series	€ 846,825 Total debts 2023: € 846,825 ▲ 5% vs 2022 (€ 805,264) Unfavourable step	€ 770,889 Total debts 2024: € 770,889 ▼ 9% vs 2023 (€ 846,825) Favourable step	€ 817,380 Total debts 2025: € 817,380 ▲ 6% vs 2024 (€ 770,889) Unfavourable step	▲ 6%
Cash	€ 79,343 Cash 2022: € 79,343 First fiscal year in the series	€ 9,744 Cash 2023: € 9,744 ▼ 88% vs 2022 (€ 79,343) Unfavourable step	€ 121,518 Cash 2024: € 121,518 ▲ € 111,774 vs 2023 (€ 9,744) Favourable step	€ 102,343 Cash 2025: € 102,343 ▼ 16% vs 2024 (€ 121,518) Unfavourable step	▼ 16%
Land & buildings	€ 256,654 Land & buildings 2022: € 256,654 First fiscal year in the series	€ 227,399 Land & buildings 2023: € 227,399 ▼ 11% vs 2022 (€ 256,654) Unchanged	€ 194,044 Land & buildings 2024: € 194,044 ▼ 15% vs 2023 (€ 227,399) Unchanged	€ 161,149 Land & buildings 2025: € 161,149 ▼ 17% vs 2024 (€ 194,044) Unchanged	▼ 17%
Retained profit	€ 162,323 Retained profit 2022: € 162,323 First fiscal year in the series	€ 88,940 Retained profit 2023: € 88,940 ▼ 45% vs 2022 (€ 162,323) Unfavourable step	€ 99,538 Retained profit 2024: € 99,538 ▲ 12% vs 2023 (€ 88,940) Favourable step	€ 43,023 Retained profit 2025: € 43,023 ▼ 57% vs 2024 (€ 99,538) Unfavourable step	▼ 57%
Bank debt	€ 443,245 Bank debt 2022: € 443,245 First fiscal year in the series	€ 495,962 Bank debt 2023: € 495,962 ▲ 12% vs 2022 (€ 443,245) Unfavourable step	€ 399,212 Bank debt 2024: € 399,212 ▼ 20% vs 2023 (€ 495,962) Favourable step	€ 415,960 Bank debt 2025: € 415,960 ▲ 4% vs 2024 (€ 399,212) Unfavourable step	▲ 4%
Balance sheet total	€ 1,053,987 Balance sheet total 2022: € 1,053,987 First fiscal year in the series	€ 1,022,165 Balance sheet total 2023: € 1,022,165 ▼ 3% vs 2022 (€ 1,053,987) Unchanged	€ 956,826 Balance sheet total 2024: € 956,826 ▼ 6% vs 2023 (€ 1,022,165) Unchanged	€ 946,804 Balance sheet total 2025: € 946,804 ▼ 1% vs 2024 (€ 956,826) Unchanged	▼ 1%
Employees (FTE)	11.4 Employees (FTE) 2022: 11.4 First fiscal year in the series	12.1 Employees (FTE) 2023: 12.1 ▲ 0.7 vs 2022 (11.4) Unchanged	11.5 Employees (FTE) 2024: 11.5 ▼ 0.6 vs 2023 (12.1) Unchanged	11.4 Employees (FTE) 2025: 11.4 ▼ 0.1 vs 2024 (11.5) Unchanged	▼ 0.1

Key figures of FIVEZ, 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 FIVEZ?

What happened at FIVEZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 23, 2026 New annual accounts for financial year 2025: loss of € 56,514 (▼ € 67,112 vs 2024). Source: NBB ↗
2021 Fivez Tech BV became a director. NBB
2021 Karin Fivez became a director. NBB
Jan 1, 1986 New establishment in Geraardsbergen. KBO
Dec 18, 1985 Start of the company according to the CBE. KBO

In short

From € 37,340 profit in 2022 to € 56,514 loss in 2025.

Paid € 2,411 in corporate taxes since 2022.

Best year ever: 2022, with € 37,340 profit.

On average € 73,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Fivez Tech 93.2%

The stake of Fivez Tech comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FIVEZ

Behind FIVEZ are Fivez Tech BV and Karin Fivez. The shares are held by Fivez Tech (93.2%).

Directors

According to the 2025 annual accounts

Fivez Tech BV

Director

since 2021

Karin Fivez

Director

Also active at: Fivez Tech

since 2021

Shareholders

Fivez Tech

93.2%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Astridlaan(Sch) 179

9500 Geraardsbergen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Fivez Tech same network

€ 1,439 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0428.107.124

VAT number

BE 0428.107.124

Registered office

Astridlaan(Sch) 179, 9500 Geraardsbergen

Names & denominations

FIVEZ

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

18 December 1985

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Vervaardiging van kantoor-, winkel- en ateliermeubelen, overwegend van andere materialen dan metaal

Vervaardiging van kantoor- en winkelmeubelen

Overige werkzaamheden in verband met de afwerking van gebouwen

Algemene elektrotechnische installatiewerken

Elektrische installatie

View on CBE Public ↗ Annual accounts (NBB) ↗

FIVEZ

Warning lights

Financials

What happened to FIVEZ?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions