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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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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 3 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
5AM from Brugge, company number BE0840060877, closed financial year 2025 with a result of € -159,005 after tax. For that financial year 5AM recorded a gross margin of € 35,083 and equity of € -183,026. Compared with financial year 2024, the result moved from € -58,552 to € -159,005. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ -183,026
▼ € 159,005 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -159,005
▼ 172 % more loss than in 2024
Profit after tax over the fiscal year.
€ 848
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -201,576.
People and assets in 2025
1.3
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 182,507
▼ 1% vs 2024
€ 140,400 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.
€ 802
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 726
▼ 95% vs 2024
Loans from banks and other lenders, long and short.
€ 172,499
▲ 201% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 208
▼ 99% 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 | € 310,058 | € 254,409 | € 139,825 | € 35,083 | ▼ 75% |
| Profit after taxes | € 46,003 | € -39,359 | € -58,552 | € -159,005 | ▼ € 100,452 |
| Equity | € 73,891 | € 34,531 | € -24,021 | € -183,026 | ▼ € 159,005 |
| Total debts | € 204,511 | € 136,541 | € 113,866 | € 189,433 | ▲ 66% |
| Cash | € 84,907 | € 55,892 | € 27,120 | € 848 | ▼ 97% |
| Retained profit | € 55,341 | € 15,981 | € -42,571 | € -201,576 | ▼ € 159,005 |
| Bank debt | € 36,792 | € 37,269 | € 15,401 | € 726 | ▼ 95% |
| Balance sheet total | € 278,401 | € 171,073 | € 89,845 | € 6,408 | ▼ 93% |
| Employees (FTE) | - | - | 3.1 | 1.3 | ▼ 1.8 |
Key figures of 5AM, 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 5AM?
What happened at 5AM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 159,005. Source: NBB ↗
- Paraplu BV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,003 profit in 2022 to € 159,005 loss in 2025.
Paid € 25,139 in corporate taxes since 2022.
Best year ever: 2022, with € 46,003 profit.
On average € 27,000 of value added per employee in 2025.
Management
The stake of Paraplu, SKINN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
5AMBehind 5AM is Paraplu BV. The shares are held by Paraplu (100%) and SKINN (33.3%).
Establishments
Establishment units
Physical locations of this company
Krakeleweg 39 box 1
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →VICHIUNAI EUROPE
€ 62.4 million revenue · 2025
ARCHITECTEN GROEP III
€ 487,075 gross margin · 2025
Kurtt
BLACKBOXX
€ 395,504 gross margin · 2025
ELEVENS same network
€ 341,241 gross margin · 2025
+7 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
- 0840.060.877
- VAT number
- BE 0840.060.877
- Registered office
- Krakeleweg 39 bus 1, 8000 Brugge
- Names & denominations
- 5AM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 September 2011
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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