Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
HET VIJFDE VERSCHIET from Gent, company number BE0435355596, closed financial year 2025 with a result of € -534 after tax. For that financial year HET VIJFDE VERSCHIET recorded a gross margin of € 5,305 and equity of € 51,969. Compared with financial year 2024, the result moved from € -58 to € -534. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 27, 2026.
€ 51,969
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -534
▼ 822 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,030
▲ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -63,031.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 37,692
▼ 12% vs 2024
€ 5,696 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 898
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,480 | € 15,923 | € 6,007 | € 5,305 | ▼ 12% |
| Profit after taxes | € 8,329 | € 9,739 | € -58 | € -534 | ▼ € 476 |
| Equity | € 42,821 | € 52,560 | € 52,503 | € 51,969 | ▼ 1% |
| Total debts | € 82,162 | € 74,725 | € 67,893 | € 66,920 | ▼ 1% |
| Cash | € 1,466 | € 6,203 | € 1,973 | € 3,030 | ▲ 54% |
| Land & buildings | € 122,743 | € 120,143 | € 117,543 | € 114,943 | ▼ 2% |
| Retained profit | € -72,179 | € -62,440 | € -62,497 | € -63,031 | ▼ € 534 |
| Bank debt | € 52,168 | € 47,628 | € 42,808 | € 37,692 | ▼ 12% |
| Balance sheet total | € 124,983 | € 127,286 | € 120,396 | € 118,889 | ▼ 1% |
Key figures of HET VIJFDE VERSCHIET, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to HET VIJFDE VERSCHIET?
What happened at HET VIJFDE VERSCHIET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 534. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,329 profit in 2022 to € 534 loss in 2025.
Best year ever: 2023, with € 9,739 profit.
Management
Behind HET VIJFDE VERSCHIET is Johan DE MEESTER.
Directors
According to the 2025 annual accounts
Johan DE MEESTER
Director
Establishments
Establishment units
Physical locations of this company
Koningin Elisabethlaan 53
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.355.596
- VAT number
- BE 0435.355.596
- Registered office
- Koningin Elisabethlaan 53, 9000 Gent
- Names & denominations
- HET VIJFDE VERSCHIET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 1988
- Peppol
- Not registered