FIVE B
ActiveThe computed 12-month bankruptcy probability of FIVE B is 11.2% (high). The 2023 annual accounts show equity of €83k and a net result of €11k. Equity is growing by ~114.7% per year across the filed fiscal years. Its solvency ranks better than 78% of 18020 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2023
93
/ 100
Excellent▲ +42 vs 2021
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2021
Profitability69▼-31
Solvency96▲+79
Growth78=
Stability100
Bankruptcy probability, 12 months
11.2%
High
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity ample (current ratio 1.87 against 0.52 in 2021), and 38.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
61.5%
Return on assets
8.5%
Age of the figures
32 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline14-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2021
31 d late
2020
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€83k▲ 265%
2021 · €23k
2020: €5k
2021: €23k
2020 → 2023
Total assets
€136k▲ 24.5%
2021 · €109k
2020: €71k
2021: €109k
2020 → 2023
Net result
€11k▼ 36.9%
2021 · €18k
2020: €2k
2021: €18k
2020 → 2023
Working capital
€46k
2021 · €-41k
2020: €-56k
2021: €-41k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212023Trend
Equity€5k-€23k▲ 389%€83k▲ 265%
Operating result€2k-€18k▲ 988%€12k▼ 36.8%
Net result€2k-€18k▲ 982%€11k▼ 36.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 37% below 2021.
Balance-sheet composition
2023 in colour, 2021 as the grey bar beneath
Assets €136k
Fixed assets
€38k▼ 41.2%
Current assets
€98k▲ 119%
Equity and liabilities €136k
Equity
€83k▲ 265%
Debt
€52k▼ 39.4%
The debt ratio falls from 79.0% to 38.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€33k▼
2021 · €36k
Cash flow
€32k▼
2021 · €36k
Solvency
61.5%▲
2021 · 21.0%
Current ratio
1.87▲
2021 · 0.52
Quick ratio
1.62▲
2021 · 0.19
Debt / equity
0.63▼
2021 · 3.76
ROE
13.8%▼
2021 · 79.5%
ROA
8.5%▼
2021 · 16.7%
Interest coverage
199.13▲
2021 · 177.73
Debt
€52k▼
2021 · €86k
Debt ≤ 1 year
€52k▼
2021 · €86k
Staff costs
€141k▲
2021 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2021
Balance sheet
Code20212023
Assets
Total assets20/58€109k€136k▲
Fixed assets21/28€64k€38k▼
Tangible fixed assets22/27€58k€32k▼
Furniture and vehicles24€26k€18k▼
Other tangible fixed assets26€33k€14k▼
Financial fixed assets28€6k€6k=
Current assets29/58€45k€98k▲
Stocks and contracts in progress3€28k€13k▼
Stocks30/36€28k€13k▼
Amounts receivable within one year40/41€1k€73k▲
Other amounts receivable41€1k€73k▲
Cash at bank and in hand54/58€16k€12k▼
Equity and liabilities
Total equity and liabilities10/49€109k€136k▲
Equity10/15€23k€83k▲
Contributions10/11€3k€3k=
Capital10€3k-
Issued capital100€3k-
Outside capital11-€3k
Other1109/19-€3k
Profit (loss) carried forward14€20k€80k▲
Amounts payable17/49€86k€52k▼
Amounts payable within one year42/48€86k€52k▼
Current portion of amounts payable after more than one year42€7k-
Trade debts44€16k€2k▼
Suppliers440/4€16k€2k▼
Taxes, remuneration and social security45€715€50k▲
Taxes450/3-€20k
Remuneration and social security454/9€715€30k▲
Other amounts payable47/48€62k-
Income statement
Code20212023
Remuneration, social security and pensions62€5k€141k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€21k▲
Other operating charges640/8€50€3k▲
Gross operating margin9900€41k€177k▲
Operating profit (loss)9901€18k€12k▼
Financial charges65/66B€204€163▼
Recurring financial charges65€204€163▼
Profit (loss) for the period before taxes9903€18k€11k▼
Profit (loss) for the period9904€18k€11k▼
Profit (loss) for the period to be appropriated9905€18k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€80k▲
Profit (loss) brought forward from the previous period14P€2k€69k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 1.87
Current ratio from 0.52 to 1.87; short-term debt falls from €86k to €52k.
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2020net €18k ▲982%
Operating result €18k, net result €18k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Gillis (bij-Brussel) · 2 establishment units since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Fonsnylaan 151060 Sint-Gillis (bij-Brussel)Ground area
4,581 m²
Building footprint
3,527 m²
Volume, LiDAR
77,801 m³
2 parcels, Brussels · tallest building 36.3 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
TIME OFF
since 20202.300.246.518
Food & Go
since 20242.364.222.669
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0384/00S002 | Brussels | 3,182 m² | 1 · 2,429 m² | 36.3 m · 6 fl. |
| 21562A0388/00B006 | Brussels | 1,399 m² | 1 · 1,098 m² | 29.8 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesSint-Gillis2.300.246.518
Sint-Gillis2.364.222.669
Similar companies · same sector, comparable size
L.N.A. DISTRIBUTION
BE 0422.889.415
Nivelles · Eq €83k
AYYA
BE 0735.531.796
Lille · Eq €83k
la maison du prieur
BE 0873.566.558
Oudergem · Eq €83k
KRUSTY SQUAD BURGER
BE 0774.938.245
Anderlecht · Eq €83k
BROERS
BE 0654.959.836
Schaarbeek · Eq €83k
Of 21,633 companies in sector 56112 we hold annual accounts for 9,660. 7,915 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-02-2020
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@timeoffbxl.be
Phone:0488261515