FIVE TREES
0467.776.263 · rovalta.com · 21/09/2026
ACTIVE
FIVE TREES
Financial year 2025 · closed on 31/12/2025
Net result
-125,6 k €
-5953.3% YoY
Gross margin
-58,4 k €
+23.0% YoY
Equity
5,1 M €
-2.4% YoY
Overview
What does FIVE TREES do?
FIVE TREES is a Private limited company incorporated in 1999. Its registered office is in Asse.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0467.776.263
Incorporation
30/11/1999
Legal form
Private limited company
Registered office
Z. 3 Doornveld 165
1731 Asse · FlandreSee on map
1731 Asse · FlandreSee on map
Contributed capital
6 205,32 €
Latest accounts
31/12/2025
Signals
Solid equityLow risk
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | -58,4 k € | +23.0% | -75,9 k € | +21.5% | -96,6 k € | +9.9% | -107,2 k € | -14.0% | -94,1 k € | +7.3% | -101,4 k € | +13.1% | -116,8 k € | -155% | -45,8 k € | -137% | -19,3 k € | -167% | -7,2 k € | +47.7% | -13,8 k € | +89.9% | -136,8 k € | -1331% | -9,6 k € | +42.8% | -16,7 k € | +43.0% | -29,3 k € | -42.4% | -20,6 k € | – | – | – | – | ||||
| EBITDA | -59,6 k € | +22.6% | -77,1 k € | +21.3% | -97,9 k € | +11.0% | -110 k € | -15.7% | -95 k € | +7.1% | -102,3 k € | +13.9% | -118,9 k € | -144% | -48,8 k € | -127% | -21,5 k € | -156% | -8,4 k € | +43.9% | -15 k € | +89.1% | -137,9 k € | -1190% | -10,7 k € | +40.1% | -17,8 k € | +41.5% | -30,5 k € | -40.4% | -21,7 k € | +73.4% | -81,5 k € | -2395% | -3,3 k € | +18.8% | -4 k € | -33.8% | -3 k € |
| Operating result | -59,6 k € | +22.6% | -77,1 k € | +21.3% | -97,9 k € | +11.0% | -110 k € | -15.7% | -95 k € | +7.1% | -102,3 k € | +13.9% | -118,9 k € | -144% | -48,8 k € | -127% | -21,5 k € | -156% | -8,4 k € | +43.9% | -15 k € | +89.1% | -137,9 k € | -1190% | -10,7 k € | +40.1% | -17,8 k € | +41.5% | -30,5 k € | -40.4% | -21,7 k € | +73.4% | -81,5 k € | -2395% | -3,3 k € | +18.8% | -4 k € | -33.8% | -3 k € |
| Net result | -125,6 k € | -5953% | -2,1 k € | -100% | 931,3 k € | +1222% | -83 k € | +23.9% | -109 k € | -374% | -23 k € | +51.3% | -47,2 k € | -143% | 109,4 k € | -78.4% | 506,3 k € | +3478% | 14,1 k € | +121% | -66,7 k € | +93.2% | -986,4 k € | -12594% | 7,9 k € | -99.5% | 1,5 M € | +3184% | -49,4 k € | -114% | 341,1 k € | -0.9% | 344,1 k € | -87.8% | 2,8 M € | +69357% | -4,1 k € | -35.2% | -3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 5,1 M € | -2.4% | 5,2 M € | -0.0% | 5,2 M € | +21.7% | 4,3 M € | -1.9% | 4,4 M € | -2.4% | 4,5 M € | -0.5% | 4,5 M € | -1.0% | 4,6 M € | +2.5% | 4,5 M € | +12.8% | 3,9 M € | +0.4% | 3,9 M € | -1.7% | 4 M € | -19.8% | 5 M € | +0.2% | 5 M € | +44.1% | 3,5 M € | -1.4% | 3,5 M € | +10.8% | 3,2 M € | +12.2% | 2,8 M € | +47465% | -5,9 k € | -218% | -1,9 k € |
| Total assets | 9,3 M € | +10.5% | 8,4 M € | +34.6% | 6,2 M € | +22.6% | 5,1 M € | -8.4% | 5,6 M € | -3.0% | 5,7 M € | +1.0% | 5,7 M € | -1.3% | 5,8 M € | +2.7% | 5,6 M € | +8.3% | 5,2 M € | -1.1% | 5,2 M € | +0.4% | 5,2 M € | -2.1% | 5,3 M € | +6.8% | 5 M € | +32.6% | 3,8 M € | +3.4% | 3,6 M € | +11.5% | 3,3 M € | -7.3% | 3,5 M € | +76381% | 4,6 k € | +7.3% | 4,3 k € |
| Cash | 5 k € | -34.4% | 7,6 k € | +141% | 3,2 k € | +608% | 445,8 € | +15.6% | 385,8 € | -21.1% | 488,7 € | +128% | 214,3 € | +52.5% | 140,6 € | +167% | 52,6 € | -96.8% | 1,6 k € | +136% | 694,7 € | +806% | 76,7 € | -99.8% | 31 k € | +3372% | 893,2 € | +525% | 143 € | +172% | 52,6 € | 0.0% | 52,6 € | -93.6% | 825,1 € | +39.2% | 592,9 € | +111% | 281 € |
| Debts | 4,2 M € | +32.2% | 3,2 M € | +210% | 1 M € | +27.8% | 796,7 k € | -32.6% | 1,2 M € | -5.0% | 1,2 M € | +6.6% | 1,2 M € | -2.4% | 1,2 M € | +3.8% | 1,2 M € | -6.5% | 1,2 M € | -3.1% | 1,3 M € | +6.6% | 1,2 M € | +251% | 339,6 k € | +5275% | 6,3 k € | -97.6% | 267,2 k € | +167% | 100 k € | +48.7% | 67,2 k € | -90.3% | 692 k € | +6460% | 10,6 k € | +71.2% | 6,2 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 12 ended
Active mandates
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
3MER Co-Investment I● Active | 1035.820.636 |
3MER Participation● Active | 1003.355.231 |
3MER Partners● Active | 0803.425.066 |
3MER Secondary Fund● Active | 1003.935.251 |
3MER Secondary Fund Privak● Active | 1003.837.063 |
CARPLUG● Active | 0699.946.852 |
FGM● Active | 0436.824.355 |
TALENTS4YOU● Active | 0667.756.215 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 09/07/2026 | 25/07/2025 | 25/07/2024 | 28/08/2023 | 29/07/2022 | 24/08/2021 |
| General meeting | 01/07/2026 | 30/06/2025 | 28/06/2024 | 30/06/2023 | 30/06/2022 | 21/04/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 01/07/2026 | 09/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 30/06/2025 | 25/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 28/06/2024 | 25/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 30/06/2023 | 28/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/06/2022 | 29/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 21/04/2021 | 24/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 07/09/2020 | 08/10/2020 | Dutch | |
| Abridged model | 31/12/2018 | 17/04/2019 | 29/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 18/04/2018 | 30/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 19/04/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 27/06/2016 | 29/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 02/06/2015 | 29/09/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/06/2014 | 29/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 17/04/2013 | 30/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 18/04/2012 | 31/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 20/04/2011 | 30/08/2011 | Dutch | |
| Full model | 31/12/2009 | 21/04/2010 | 31/07/2010 | Dutch | |
| Full model | 31/12/2008 | 15/04/2009 | 31/07/2009 | Dutch | |
| Full model | 31/12/2007 | 16/04/2008 | 30/07/2008 | Dutch | |
| Full model | 31/12/2006 | 18/04/2007 | 28/08/2007 | Dutch | |
| m120-f-p | 31/12/2006 | 17/08/2007 | 21/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 12 ended
Active mandates
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates25/03/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Registered office08/06/2012MAATSCHAPPELIJKE ZETEL
- Mandates10/11/2009ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Registered office07/03/2008Zetelverplaatsing
- Other06/04/2006DIVERSEN
- Mandates24/11/2005MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-125,6 k €↓
- 2024Annual accounts 2024-2,1 k €↓
- 2023Annual accounts 2023931,3 k €↑
- 2022Annual accounts 2022-83 k €↑
- 2021Annual accounts 2021-109 k €↓
- 2020Annual accounts 2020-23 k €↑
- 2019Annual accounts 2019-47,2 k €↓
- 2018Annual accounts 2018109,4 k €↓
- 2017Annual accounts 2017506,3 k €↑
- 2016Annual accounts 201614,1 k €↑
- 2015Annual accounts 2015-66,7 k €↑
- 2014Annual accounts 2014-986,4 k €↓
- 2013Annual accounts 20137,9 k €↓
- 2012Annual accounts 20121,5 M €↑
- 2011Annual accounts 2011-49,4 k €↓
- 2010Annual accounts 2010341,1 k €↓
- 2009Annual accounts 2009344,1 k €↓
- 2008Annual accounts 20082,8 M €↑
- 2007Annual accounts 2007-4,1 k €↓
- 2006Annual accounts 2006-3 k €
- 30/11/1999IncorporationPrivate limited company