4*S- Trading
Active4*S- Trading has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €41k. Equity is growing by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 30% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+6
Solvency53▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.2 in 2024; short-term debt: 72.4% and cash: 13.5% of total assets), and 72.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
27.6%
Return on assets
38.4%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
44 d early
2023
30 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
89 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€130k
EBIT margin
-1.8%
Net result
€41k▲ 155%
2024 · €16k
2018: €-4k
2019: €6k
2020: €6k
2021: €444
2022: €10k
2023: €-18k
2024: €16k
2018 → 2025
Working capital
€18k▲ 59.6%
2024 · €11k
2018: €-6k
2019: €-2k
2020: €-1k
2021: €2k
2022: €18k
2023: €4k
2024: €11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€25k▲ 66.1%€8k▼ 69.5%€24k▲ 206%€29k▲ 23.4%
Operating result€2k-€14k▲ 527%€-12k€17k€46k▲ 170%
Net result€444-€10k▲ 2,163%€-18k€16k€41k▲ 155%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 170% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €106k
Fixed assets
€11k▼ 10.4%
Current assets
€95k▲ 41.0%
Equity and liabilities €106k
Equity
€29k▲ 23.4%
Debt
€76k▲ 37.2%
The debt ratio rises from 70.3% to 72.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€51k▲
2024 · €21k
Cash flow
€46k▲
2024 · €20k
Solvency
27.6%▼
2024 · 29.7%
Current ratio
1.24▲
2024 · 1.20
Quick ratio
1.24▲
2024 · 1.20
Debt / equity
2.63▲
2024 · 2.36
ROE
139.3%▲
2024 · 67.3%
ROA
38.4%▲
2024 · 20.0%
Interest coverage
10.28▲
2024 · 7.51
Debt
€76k▲
2024 · €56k
Debt ≤ 1 year
€76k▲
2024 · €56k
Income taxes
€4k▲
2024 · €1k
Staff costs
€3k▼
2024 · €6k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€79k€106k▲
Fixed assets21/28€12k€11k▼
Tangible fixed assets22/27€12k€11k▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€10k€7k▼
Current assets29/58€67k€95k▲
Amounts receivable within one year40/41€53k€79k▲
Trade receivables40€576€0▼
Other amounts receivable41€52k€79k▲
Cash at bank and in hand54/58€14k€14k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€79k€106k▲
Equity10/15€24k€29k▲
Contributions10/11€6k€6k=
Reserves13€18k€24k▲
Distributable reserves133€18k€24k▲
Profit (loss) carried forward14€-948€-948=
Amounts payable17/49€56k€76k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€56k€76k▲
Current portion of amounts payable after more than one year42€2k€661▼
Trade debts44€6k€16k▲
Suppliers440/4€6k€16k▲
Advances received on contracts in progress46€17k€0▼
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€6k▲
Other amounts payable47/48€27k€54k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€6k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€29k€57k▲
Operating profit (loss)9901€17k€46k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€17k€44k▲
Income taxes67/77€1k€4k▲
Profit (loss) for the period9904€16k€41k▲
Profit (loss) for the period to be appropriated9905€16k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-948€40k▲
Profit (loss) brought forward from the previous period14P€-17k€-948▲
Transfer to equity691/2-€6k
To other reserves6921-€6k
Profit to be distributed694/7-€35k
Directors or managers695-€35k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
17-08
State Gazette act
Registered officeBoard meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move2 facts ▸
- Board meeting, 2026-08-11
- Registered-office move, Hof van Delftlaan 43, 2180 Antwerpen
2025
31-12
Financial
Highest result since 2018net €41k ▲155%
Operating result €46k, net result €41k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-18k ▼275%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 55 days late
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 1 day late
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 50 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2021
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.
Hof van Delftlaan 432180 AntwerpenGround area
1,257 m²
Building footprint
198 m²
Volume, LiDAR
1,045 m³
Parcel 11363E0141/00T000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
4*S- Trading
since 20212.320.148.245
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11363E0141/00T000 | Flanders | 1,257 m² | 1 · 198 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 1,791 EUR awarded · 1,791 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,791 EUR | 1,791 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,097 companies in sector 43240 we hold annual accounts for 1,631. 1,231 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-05-2013
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
46190Agents in non-specialised wholesale trade
43211General electrical installation work
43221Plumbing work
43341Painting of buildings
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.