Financials
Financial year 2025
Fiftysim from Couvin, company number BE0713997796, closed financial year 2025 with a result of € 88,671 after tax. For that financial year Fiftysim recorded a gross margin of € 123,499 and equity of € 107,944. Compared with financial year 2024, the result moved from € 97,284 to € 88,671. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 107,944
▲ 51% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 88,671
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 131,210
▲ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 52,000 paid out
59 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 19,086
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9,919
▼ 43% vs 2024
€ 7,894 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 1,942
▲ 199% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,391
▼ 53% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 113,966 | € 115,584 | € 134,981 | € 123,499 | ▼ 9% |
| Profit after taxes | € 83,395 | € 83,487 | € 97,284 | € 88,671 | ▼ 9% |
| Equity | € 49,325 | € 32,812 | € 71,273 | € 107,944 | ▲ 51% |
| Total debts | € 255,709 | € 138,500 | € 86,886 | € 64,953 | ▼ 25% |
| Cash | € 261,661 | € 104,791 | € 109,913 | € 131,210 | ▲ 19% |
| Retained profit | € 30,725 | € 14,212 | € 52,673 | € 89,344 | ▲ 70% |
| Dividend | € 260,000 | € 100,000 | € 58,824 | € 52,000 | ▼ 12% |
| Bank debt | € 1,286 | € 24,750 | € 17,490 | € 9,919 | ▼ 43% |
| Balance sheet total | € 305,034 | € 171,311 | € 158,159 | € 172,897 | ▲ 9% |
Key figures of Fiftysim, 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 Fiftysim?
What happened at Fiftysim in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 88,671 (▼ 9% vs 2024). Source: NBB ↗
- New establishment in Couvin. KBO
- Start of the company according to the CBE. KBO
- Alain Simon became a director. NBB
In short
From € 83,395 profit in 2022 to € 88,671 profit in 2025.
Paid € 101,144 in corporate taxes since 2022.
Best year ever: 2024, with € 97,284 profit.
Paid out € 470,824 in dividends to the owners in total.
Management
Behind Fiftysim is Alain Simon. Alain Simon is also behind ASSETCO and JANUS PARTICIPATIONS.
Directors
According to the 2025 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Rue Neuve 64
5660 Couvin
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0713.997.796
- VAT number
- BE 0713.997.796
- Registered office
- Rue Neuve 64, 5660 Couvin
- Names & denominations
- Fiftysim
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 2018
- Peppol
- Active · Active since 20 Nov 2020
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