4 D SELECT SERVICES
ActiveSummary
4 D SELECT SERVICES has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €195,983 and a net result of €27,383. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 88% of 32629 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Business and other management consultancy
NACE 70200Business consulting NACE 70220NACE 74142
1 site
How big
€218,503total assets 2025
- Equity
- €195,983
- Profit
- €27,383
Turnover not published (abridged schema)
Who decides
Accounts 56 d early0 of 1 deed read
Why 95+ Lower-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability84▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 10.51 against 8.05 in 2024; short-term debt: 8.4% and cash: 70.5% of total assets), and 10.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.7%
Return on assets
12.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
55 d early
2023
51 d early
2022
56 d early
2021
58 d early
2020
54 d early
2019
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 54 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2018net €29,719 ▲2.2%
Financials
Fiscal year 2025Total assets €218,503Profit €27,383Solvency 89.7%Liquidity 10.51
Total assets
€218,503▲ 10.4%
2018 - 2025
Net result
€27,383▼ 7.9%
2018 - 2025
Equity
€195,983▲ 16.2%
2018 - 2025
Solvency
89.7%▲ 4.5pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€3,006▲ 26.8%€23,632▲ 686%€44,685▲ 89.1%€45,444▲ 1.7%€45,458=
Net result€1,890below the sector's middle half▲ 222%€16,158within the sector's middle half▲ 755%€29,087within the sector's middle half▲ 80.0%€29,719within the sector's middle half▲ 2.2%€27,383within the sector's middle half▼ 7.9%
Equity€103,136within the sector's middle half▲ 1.9%€109,794within the sector's middle half▲ 6.5%€138,881within the sector's middle half▲ 26.5%€168,600within the sector's middle half▲ 21.4%€195,983within the sector's middle half▲ 16.2%
Total assets€109,789within the sector's middle half▼ 4.8%€151,972within the sector's middle half▲ 38.4%€167,136within the sector's middle half▲ 10.0%€197,913within the sector's middle half▲ 18.4%€218,503within the sector's middle half▲ 10.4%
Debt€6,653▼ 52.8%€42,178▲ 534%€28,255▼ 33.0%€29,313▲ 3.7%€22,520▼ 23.2%
Working capital€70,681within the sector's middle half▲ 10.7%€69,444within the sector's middle half▼ 1.8%€100,197within the sector's middle half▲ 44.3%€138,061within the sector's middle half▲ 37.8%€173,846above the sector's middle half▲ 25.9%
Solvency93.9%above the sector's middle half▲ 6.1pp72.2%within the sector's middle half▼ 21.7pp83.1%above the sector's middle half▲ 10.8pp85.2%above the sector's middle half▲ 2.1pp89.7%above the sector's middle half▲ 4.5pp
Current ratio11.62above the sector's middle half▲ 5.484.16within the sector's middle half▼ 7.478.59above the sector's middle half▲ 4.438.05above the sector's middle half▼ 0.5310.51above the sector's middle half▲ 2.46
Return on assets (ROA)1.7%within the sector's middle half▲ 1.2pp10.6%within the sector's middle half▲ 8.9pp17.4%within the sector's middle half▲ 6.8pp15.0%within the sector's middle half▼ 2.4pp12.5%within the sector's middle half▼ 2.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 0% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €218,503
Fixed assets
€26,383 ▼ 34.5%
Current assets
€192,120 ▲ 21.9%
Equity and liabilities €218,503
Equity
€195,983 ▲ 16.2%
Debt
€22,520 ▼ 23.2%
Debt's share of the balance-sheet total falls from 14.8% to 10.3%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€59,355▼
2024 · €59,625
Cash flow
€41,280▼
2024 · €43,900
Debt to equity
0.11▼
2024 · 0.17
ROE
14.0%▼
2024 · 17.6%
Interest coverage
27.32▼
2024 · 65.37
Debt ≤ 1 year
€18,274▼
2024 · €19,573
Debt > 1 year
€4,246▼
2024 · €9,740
Income taxes
€15,903▲
2024 · €14,813
Staff costs
€1,036
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €10,352 | - | - | - | €5,597 | - |
| Remuneration, social security and pensions62 | - | €698 | - | - | €1,036 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,624 | €6,639 | €12,996 | €14,181 | €13,897 | ▼ 2.0% |
| Other operating charges640/8 | €1,599 | €1,496 | €1,738 | €1,784 | €1,619 | ▼ 9.3% |
| Non-recurring operating charges66A | - | €1,364 | - | - | - | - |
| Gross operating margin9900 | €11,230 | €33,829 | €59,419 | €61,409 | €62,010 | ▲ 1.0% |
| Operating profit (loss)9901 | €3,006 | €23,632 | €44,685 | €45,444 | €45,458 | = |
| Financial income75/76B | €0 | €0 | - | - | - | - |
| Recurring financial income75 | €0 | €0 | - | - | - | - |
| Financial charges65/66B | €633 | €909 | €1,355 | €912 | €2,173 | ▲ 138% |
| Recurring financial charges65 | €633 | €909 | €1,355 | €912 | €2,173 | ▲ 138% |
| Profit (loss) for the period before taxes9903 | €2,373 | €22,724 | €43,330 | €44,532 | €43,286 | ▼ 2.8% |
| Income taxes67/77 | €483 | €6,566 | €14,243 | €14,813 | €15,903 | ▲ 7.4% |
| Profit (loss) for the period9904 | €1,890 | €16,158 | €29,087 | €29,719 | €27,383 | ▼ 7.9% |
| Profit (loss) for the period to be appropriated9905 | €1,890 | €16,158 | €29,087 | €29,719 | €27,383 | ▼ 7.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €109,789 | €151,972 | €167,136 | €197,913 | €218,503 | ▲ 10.4% |
| Fixed assets21/28 | €32,455 | €60,530 | €53,735 | €40,279 | €26,383 | ▼ 34.5% |
| Tangible fixed assets22/27 | €32,455 | €60,530 | €53,735 | €40,279 | €26,383 | ▼ 34.5% |
| Land and buildings22 | €29,938 | €25,724 | €21,510 | €17,296 | €13,083 | ▼ 24.4% |
| Plant, machinery and equipment23 | €327 | €3,035 | €2,009 | €1,731 | €931 | ▼ 46.2% |
| Furniture and vehicles24 | €2,190 | €31,771 | €30,215 | €21,252 | €12,369 | ▼ 41.8% |
| Current assets29/58 | €77,334 | €91,442 | €113,401 | €157,634 | €192,120 | ▲ 21.9% |
| Amounts receivable within one year40/41 | €9,997 | €12,093 | €25,766 | €23,001 | €19,311 | ▼ 16.0% |
| Trade receivables40 | €7,480 | €10,987 | €25,766 | €23,001 | €19,311 | ▼ 16.0% |
| Other amounts receivable41 | €2,517 | €1,107 | - | - | - | - |
| Cash at bank and in hand54/58 | €61,357 | €71,152 | €80,870 | €133,267 | €154,090 | ▲ 15.6% |
| Deferred charges and accrued income490/1 | €5,980 | €8,197 | €6,765 | €1,366 | €18,719 | ▲ 1,271% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €109,789 | €151,972 | €167,136 | €197,913 | €218,503 | ▲ 10.4% |
| Equity10/15 | €103,136 | €109,794 | €138,881 | €168,600 | €195,983 | ▲ 16.2% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | €6,197 | €8,057 | ▲ 30.0% |
| Reserves13 | €50,373 | €56,873 | €83,873 | €112,873 | €136,013 | ▲ 20.5% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | - | €1,859 | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | - | - | - | - |
| Other1319 | - | - | - | €1,859 | - | - |
| Tax-exempt reserves132 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Distributable reserves133 | €45,513 | €52,013 | €80,873 | €108,013 | €133,013 | ▲ 23.1% |
| Profit (loss) carried forward14 | €46,566 | €46,724 | €48,811 | €49,530 | €51,913 | ▲ 4.8% |
| Amounts payable17/49 | €6,653 | €42,178 | €28,255 | €29,313 | €22,520 | ▼ 23.2% |
| Amounts payable after more than one year17 | - | €20,180 | €15,051 | €9,740 | €4,246 | ▼ 56.4% |
| Financial debts170/4 | - | €20,180 | €15,051 | €9,740 | €4,246 | ▼ 56.4% |
| Amounts payable within one year42/48 | €6,653 | €21,998 | €13,204 | €19,573 | €18,274 | ▼ 6.6% |
| Current portion of amounts payable after more than one year42 | €1,642 | €4,959 | €5,130 | €5,310 | €5,495 | ▲ 3.5% |
| Trade debts44 | €995 | €354 | €1,651 | €1,903 | €243 | ▼ 87.3% |
| Suppliers440/4 | €995 | €354 | €1,651 | €1,903 | €243 | ▼ 87.3% |
| Taxes, remuneration and social security45 | €603 | €4,739 | €3,330 | €8,765 | €8,657 | ▼ 1.2% |
| Taxes450/3 | €603 | €4,739 | €3,330 | €8,765 | €8,657 | ▼ 1.2% |
| Other amounts payable47/48 | €3,413 | €11,945 | €3,093 | €3,595 | €3,879 | ▲ 7.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,890 | €16,158 | €29,087 | €29,719 | €27,383 | ▼ 7.9% |
| + Depreciation and write-downs630 | €6,624 | €6,639 | €12,996 | €14,181 | €13,897 | ▼ 2.0% |
| Operating cash flow (approximation) | €8,515 | €22,797 | €42,083 | €43,900 | €41,280 | ▼ 6.0% |
| Investment in fixed assets (approximation) | - | -€34,714 | -€6,201 | -€725 | €0 | ▲ 100% |
| Change in cash | - | €9,795 | €9,718 | €52,398 | €20,823 | ▼ 60.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
FADO
BE 0755.577.936
Dilbeek · Eq €195,970
DATA-BUILD
BE 0749.729.331
Antwerpen · Eq €195,963
I-CARE
BE 0644.397.724
Vilvoorde · Eq €196,019
LK&C Consulting
BE 0633.752.270
Knokke-Heist · Eq €195,939
LA SOURCE DE CASTIAU
BE 0899.523.065
Tournai · Eq €196,031
Of 82,601 companies in this sector we hold annual accounts for 52,629. 40,157 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
15 eventsLatest 05-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €29,719 ▲2.2%
Net result €29,719, the highest in the series.
31-12
Financial
Equity above €150,000Eq €168,600 ▲21.4%
7 profitable years in a row build equity to €168,600.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 8.59
Current ratio from 4.16 to 8.59; short-term debt falls from €21,998 to €13,204.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €588 ▼85.2%
Net result drops to €588, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100,000Eq €100,658 ▲4.1%
2 profitable years in a row build equity to €100,658.
Show earlier events
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Company details
Private limited company · founded 11-09-1997Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded11-09-1997
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0461409895
Registered
24-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Scherpenheuvel-Zichem · 1 establishment unit since 2001
Ground area
1,456 m²
Building footprint
220 m²
Volume, LiDAR
1,249 m³
Parcel 24071B0186/00M000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tieltsebaan 48, 3272 Scherpenheuvel-Zichem
since 2001unit no. 2.103.098.768
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24071B0186/00M000 | Flanders | 1,455 m² | 1 · 220 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.