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 19 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
36 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FIVACO from Anderlecht, company number BE0461379312, closed financial year 2025 with a result of € -2,694 after tax. For that financial year FIVACO recorded a gross margin of € 7,434 and equity of € 63,423. Compared with financial year 2024, the result moved from € -1,923 to € -2,694. 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 February 28, 2026.
€ 63,423
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,694
▼ 40 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,930
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1,449.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 400
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,968 | € 7,793 | € 7,607 | € 7,434 | ▼ 2% |
| Profit after taxes | € 189 | € -121 | € -1,923 | € -2,694 | ▼ € 771 |
| Equity | € 68,161 | € 68,040 | € 66,117 | € 63,423 | ▼ 4% |
| Total debts | € 29,224 | € 27,170 | € 32,988 | € 29,293 | ▼ 11% |
| Cash | € 12,083 | € 12,859 | € 3,976 | € 1,930 | ▼ 51% |
| Land & buildings | € 77,899 | € 72,716 | € 67,532 | € 62,349 | ▼ 8% |
| Retained profit | € 6,187 | € 6,066 | € 4,143 | € 1,449 | ▼ 65% |
| Balance sheet total | € 97,384 | € 95,210 | € 99,105 | € 92,715 | ▼ 6% |
Key figures of FIVACO, 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 January 2027.
What happened to FIVACO?
What happened at FIVACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,694. filed late Source: NBB ↗
- Jean-Philippe Mergan stepped down as director. NBB
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 189 profit in 2022 to € 2,694 loss in 2025.
Paid € 147 in corporate taxes since 2022.
Best year ever: 2022, with € 189 profit.
Management
Behind FIVACO are Xavier Daoud and Carine Galon. Xavier Daoud is also behind VAXACO and ETS DAOUD. Carine Galon is also behind CEGECO.
Establishments
Establishment units
Physical locations of this company
Bergense Steenweg 814A box 1A
1070 Anderlecht
Adolphe Lacomblélaan 59 6 box 6
1030 Schaarbeek
Active since 9 September 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 36 companies are registered at this address.
All companies at this address →VAXACO same network
€ 14,139 gross margin · 2025
MASTER CONTRACTOR
€ 1.2 million gross margin · 2021
ETS DAOUD same network
€ 1,283 gross margin · 2025
Société de construction @EUROPE 93@
€ 231,788 gross margin · 2022
THEMYS C et R
€ 8,307 gross margin · 2025
+31 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.379.312
- VAT number
- BE 0461.379.312
- Registered office
- Bergense Steenweg 814A bus 1A, 1070 Anderlecht
- Names & denominations
- FIVACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 1997
- Peppol
- Active · Active since 1 Jan 2001