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4 WIN

Dissolved and wound up KBO/BCE: BE 0474.557.553
4 WIN
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Overview

Lifetime

19 annual accounts with figures on one time axis, 24 filings since 2002
Gross marginpeak €106,072 (2020)
-€29,882▲ €8,167
Resultlowest -€1.2m (2010)
-€50,106▼ €26,056
Equitypeak €1.1m (2009)
€154,899▼ 23.6%
Debts
€98,053▼ 38.8%
Board2 names since 2021
1 directorde Bellefroid Philippe
Documentsfilings and deeds
17-08-202630 days late
2025micro format
Gross margin from -€38,049 to -€29,882Loss of €50,106Equity from €202,871 to €154,899Debts from €160,299 to €98,053

Key points

from the 2025 annual accounts, the last ones filed

Equity

€154,899 from €1.1m in 2009

Equity fell by 86% in 16 years.

Losses

-€81,777 in four years
-1,7772022-5,8432023-24,0502024-50,1062025

Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.

Liquidity

2.58 was 0.35 in 2024

Short-term debts fell from €160,299 to €98,053.

No scoreTurnover not published (micro format)

Board and ownership

DB
de Bellefroid Philippe
Director
NM
Nicolas MOREAU
Auditor
Board & ownership

Recent changes

Dissolution with immediate closure of the liquidation Dissolved and wound up in a single deed · Books and records kept by Philippe de BELLEFROID in La Hulpe (5 years) · Appointment: Nicolas MOREAU (expert comptable certifié) · General meeting of 18-12-2025 · Gazette deed
Incorporation 18 publications in the Belgian Official Gazette, the last on 23-02-2026 · Gazette deed
All 35 events

Official details

Source: KBO
Status
Dissolved and wound updeed of 23-02-2026
Activity
No activity registered in the KBO
Financial year end
18 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 18-12-2025

Gross margin
-€29,882▲ 21.5%
Loss
€50,106▲ 108%
Equity
€154,899▼ 23.6%
Total assets
€252,952▼ 30.3%
Filing
Filed on 17-08-2026
Financials

Insights on 4 WIN

Inactive. The last annual accounts are for financial year 2025. The company was dissolved and wound up in a single deed. The books and records are kept for 5 years by Philippe de BELLEFROID in La Hulpe.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 17-08-2026, 30 days late
Gross margin
-€29,882
▲ €8,167
Operating result
-€49,725
▲ €23,295
Loss
-€50,106
▼ €26,056
Working capital
€154,899
▲ €258,794
Solvency
61.2%
▲ 5.4 percentage points
Current ratio
2.58
▲ 2.23

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €252,952 on 18-12-2025
What the company ownsHow it is paid for

Change in equityin euro

Change in cash

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
Total assets20/58 252,952363,170476,793505,907527,877355,851383,650296,346220,613213,503102,1378,38715,02812,16222,13610,5491.3m1.3m1.3m
Fixed assets21/28 -306,766184,475187,739123,32852,11558,66316,62611,86012,1162,5511,8692,1502,4441,8671,7821.3m1.3m1.3m
Tangible fixed assets22/27 -56,7669,47412,73823,38642,11548,6636,6261,8602,1162,5511,8692,1502,4441,8671,7822,0722,7971,641
Land and buildings22 -1,709-----------------
Plant, machinery and equipment23 -02855------1795228031,0975204357251,450294
Furniture and vehicles24 -55,0565993,83614,53933,26839,8165,023-----------
Other tangible fixed assets26 --8,8478,8478,8478,8478,8471,6031,8602,1162,3721,3471,3471,3471,3471,3471,3471,3471,347
Financial fixed assets28 -250,001175,001175,00199,94210,00010,00010,00010,00010,000----001.2m1.2m1.2m
Current assets29/58 252,95256,404292,318318,169404,549303,736324,987279,720208,753201,38799,5866,51812,8789,71820,2698,76719,37818,2567,127
Amounts receivable within one year40/41 250,99511,3796,7721,59333,879211,627278,730236,083208,350200,0001735,49410,1036,2368,581619,1561,654183
Trade receivables40 250,9954,2248711087,61511,6278,9039,7848,350-1731,23510,1035,6258,440-19,150--
Other amounts receivable41 -7,1555,9011,48626,263200,000269,827226,299200,000200,000-4,259-611141661,654183
Current investments50/53 --283,048205,048---------------
Cash at bank and in hand54/58 -43,8962,498110,464369,33991,23345,50442,7134031,38799,4131,0242,7753,48211,6888,76122216,6026,944
Deferred charges and accrued income490/1 1,9571,129-1,0631,331875753924-----------
Balance sheet: equity and liabilities
Total equity and liabilities10/49 252,952363,170476,793505,907527,877355,851383,650296,346220,613213,503102,1378,38715,02812,16222,13610,5491.3m1.3m1.3m
Equity10/15 154,899202,871226,921232,765234,54226,313381,025287,068195,779128,87557,9765,629-41,748-86,310-63,175-78,9771.1m1.1m1.0m
Contributions10/11 50,00050,00050,00050,00050,000-475,000475,000475,000475,000475,000475,000475,000475,000475,000475,000475,000475,000475,000
Issued capital100 ------475,000475,000475,000475,000475,000475,000475,000475,000475,000475,000475,000475,000475,000
Contributions outside capital11 -----50,000-------------
Share premium1100/10 -----50,000-------------
Reserves13 135,000135,000135,000135,000135,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00023,75023,750
Legal reserve130 ------35,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00023,75023,750
Distributable reserves133 135,000135,000135,000135,000135,00035,000-------------
Profit (loss) carried forward14 -30,10117,87141,92147,76549,542-58,687-128,975-222,932-314,221-381,125-452,024-504,371-551,748-596,310-573,175-588,977633,239578,927524,852
Amounts payable17/49 98,053160,299249,871273,143293,335329,5382,6259,27824,83484,62844,1612,75856,77698,47285,31189,526127,666192,831234,621
Amounts payable after more than one year17 ----------------51,40051,400101,400
Financial debts170/4 ----------------51,40051,400101,400
Amounts payable within one year42/48 98,053160,299249,871273,143293,335329,5382,6259,27824,83484,62844,1612,75856,77698,47285,31188,00573,823135,125125,522
Current portion of amounts payable after more than one year42 ---------------51,400-101,400101,400
Trade debts44 -8,2332,7821,95811,4761,5481,0914206245081481,06089831453214937,491684252
Suppliers440/4 -8,2332,7821,95811,4761,5481,0914206245081481,06089831453214937,491684252
Advances received on contracts in progress46 -------------6,806-----
Taxes, remuneration and social security45 -14153033,79433,40428,6591,5358,8581,8611,7551,4721,6983,6002273,19812,52914,75223,68018,949
Taxes450/3 -14153033,79433,40428,6591,5358,8581,8611,7551,4721,6983,6002273,19812,52914,75223,68018,949
Other amounts payable47/48 98,053151,924246,559237,391248,455299,330--22,34982,36542,541-52,27891,12581,58123,92721,5809,3614,921
Accrued charges and deferred income492/3 ---------------1,5212,4436,3067,699
Income statement
Gross operating margin9900 -29,882-38,049-36,471-8,88191,292106,072104,94798,47369,38973,58055,02450,01047,422-19,017-13,47661,84638,28897,39461,335
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 -7,3533,26410,72918,72910,29010,2105,27925643560081678984236925,9427251,020627
Other operating charges640/8 19,8432,6194735371,7761,4733,2235923484364543475261,4201,0682,5603,6613,0532,892
Non-recurring operating charges66A -25,000-------------1.2m---
Operating profit (loss)9901 -49,725-73,020-40,209-20,14770,78694,30991,51492,60268,78572,70953,97048,84746,107-21,279-14,91333,34433,90293,32157,816
Financial income75/76B 2054,44335,27018,896170,94203,30876--2121133,49630450,4792055,065
Recurring financial income75 2054,44335,27018,896170,94203,30876--2121133,49630450,4792055,065
Financial charges65/66B 2295,2064641371561294511,0221,6601,8101,6251,4711,5471,8672,7176,4087,98612,12914,845
Recurring financial charges65 2295,2064641371561294511,0221,6601,8101,6251,4711,5471,8672,7176,4087,98612,12914,845
Profit (loss) for the period before taxes9903 -49,934-23,783-5,402-1,388241,57294,18194,37191,65667,12570,89952,34747,37744,562-23,13515,866-1.2m76,39581,21298,036
Income taxes67/77 17226744139033,34323,893415367221-----64110,83327,13715,054
Profit (loss) for the period9904 -50,106-24,050-5,843-1,777208,22970,28893,95791,28966,90470,89952,34747,37744,562-23,13515,802-1.2m65,56254,07582,982
Profit (loss) for the period to be appropriated9905 -50,106-24,050-5,843-1,777208,22970,28893,95791,28966,90470,89952,34747,37744,562-23,13515,802-1.2m65,56254,07582,982
Appropriation of the result
Profit (loss) to be appropriated9906 -30,10117,87141,92147,765149,542-58,687-128,975-222,932-314,221-381,125-452,024-504,371-551,748-596,310-573,175-588,977644,489578,927524,852
Profit (loss) brought forward from the previous period14P 20,00541,92147,76549,542-58,687--------------
Transfer to equity691/2 ----100,000-----------11,250--
To the legal reserve6920 ----------------11,250--
To other reserves6921 ----100,000--------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 5 older financial years (2002-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 17-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 30 days after the deadline. Filed on 17 August 2026, deadline 18 July 2026 (7 months after the close on 18 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00400705.

Financial year Type Filed Reference Document
18-12-2025 micro format 17-08-2026 2026-00400705 PDF
31-12-2024 micro format 11-08-2025 2025-00368209 PDF
31-12-2023 micro format 09-08-2024 2024-00336749 PDF
31-12-2022 micro format 17-07-2023 2023-00239437 PDF
31-12-2021 micro format 26-08-2022 2022-20320949 PDF
31-03-2020 micro format 30-10-2020 2020-64900570 PDF
31-03-2019 micro format 30-11-2019 2019-75300253 PDF
31-03-2018 micro format 31-10-2018 2018-70800225 PDF
31-03-2017 micro format 24-11-2017 2017-70100084 PDF
31-03-2016 full format 25-11-2016 2016-68300395 PDF
31-03-2015 full format 27-10-2015 2015-65400207 PDF
31-03-2014 full format 26-09-2014 2014-59900043 PDF
31-03-2013 full format 16-10-2013 2013-63000563 PDF
31-03-2012 full format 22-10-2012 2012-61200207 PDF
31-03-2011 full format 04-10-2011 2011-56700303 PDF
31-03-2010 full format 06-10-2010 2010-57000089 PDF
31-03-2009 full format 17-11-2009 2009-85200134 PDF
31-03-2008 full format 17-10-2008 2008-78500061 PDF
31-03-2007 full format 24-10-2007 2007-77900242 PDF
31-03-2006 full format 29-11-2006 2006-88403626 PDF
31-03-2005 full format 26-10-2005 2005-83400899 PDF
31-03-2004 full format 29-10-2004 2004-76303434 PDF
31-03-2003 full format 10-10-2003 2003-74001532 PDF
31-03-2002 full format 18-10-2002 2002-66704487 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
EBITDA --65,667-36,945-9,41889,516104,600101,72497,88169,04173,14454,57049,66346,896-20,437-14,54459,28634,62794,34158,443
Cash flow --16,697-2,5798,952226,95980,578104,16796,56867,16071,33452,94748,19345,351-22,29316,171-1.2m66,28755,09583,609
Investment in fixed assets (approximation) -139,091075,14099,9423,74257,27010,045010,0001,2825354951,41945465202,176-
Change in cash -41,398-107,966-258,875278,10645,7292,79142,310-984-98,02698,389-1,751-707-8,2062,9278,539-16,3809,658-
Working capital 154,899-103,89542,44745,026111,214-25,802322,362270,442183,919116,75955,4253,760-43,898-88,754-65,042-79,238-54,445-116,869-118,395
Solvency 61.2%55.9%47.6%46.0%44.4%7.4%99.3%96.9%88.7%60.4%56.8%67.1%-277.8%-709.7%-285.4%-748.7%90.0%84.8%81.4%
Current ratio 2.580.351.171.161.380.92-30.158.412.382.262.360.230.100.240.100.260.140.06
Debt to equity 0.630.791.101.171.2512.520.010.030.130.660.760.49----0.110.180.23
ROE -32.3%-11.9%-2.6%-0.8%88.8%267.1%24.7%31.8%34.2%55.0%90.3%841.7%----5.7%5.0%8.1%
ROA -19.8%-6.6%-1.2%-0.4%39.4%19.8%24.5%30.8%30.3%33.2%51.3%564.9%296.5%-190.2%71.4%-5.2%4.3%6.6%
Interest coverage --12.61-79.69-68.94over 100--------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item18-12-20252024202320222021
Tangible fixed assets-€64,091-€82-
Financial fixed assets-€75,000-€75,059€99,942
Depreciation and write-downs of the year-€7,353€3,264€10,729€18,729

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on 4 WIN

The operating result for 2025 is a loss of €49,725, smaller than the loss of €73,020 in 2024.

Debt's share of the balance-sheet total falls from 44.1% to 38.8%. Equity and debt are lower.

Large changes and their cause
  • 2021 Net result +196% on 2020. This financial year ran 21 months, the previous one 12.

Board & ownership

Last board

1 director, 1 auditor, last change in February 2026

Deed of 23-02-2026Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed · Books and records kept by Philippe de BELLEFROID in La Hulpe (5 years) · Appointment: Nicolas MOREAU (expert comptable certifié) · General meeting of 18-12-2025

de Bellefroid Philippe
Director
listed in the 2025 annual accounts, filed on 17-08-2026
Nicolas MOREAU
Expert comptable certifié
appointed by deed of 23-02-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
de Bellefroid Philippe
Director
Nicolas MOREAU
Expert comptable certifié
BoardStatutory auditormandate already running before its first mention
Mandates as a list
  • de Bellefroid Philippe
    • Director, since before 31-12-2021
  • Nicolas MOREAU
    • Expert comptable certifié, appointed by deed of 23-02-2026, still in office

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€50,000
Source
2025 annual accounts

Network & group

Holdings

own accounts to 31-03-2011, the bar shows equity in euros
This company4 WIN1 holding, 1 country accounts to 31-03-2011

Belgium 1 Equity Result

Source: list of holdings in its own 31-03-2011 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2008, in their own currency.

Holdings through the years

2007 to 2011
Holdings through the years
Name20072008200920102011
REMYTOLE 99.96%

Source: list of holdings in its own accounts

Timeline

Timeline

35 events since 2001
2026
Annual accounts 2025 filed NBBmicro format · 30 days late
Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed · Books and records kept by Philippe de BELLEFROID in La Hulpe (5 years) · Appointment: Nicolas MOREAU (expert comptable certifié) · General meeting of 18-12-20254 points ▸
  • Net-asset statement, 09-12-2025
  • Auditor appointment, Nicolas MOREAU (expert comptable certifié)
  • Auditor report, 15-12-2025
  • General meeting, 18-12-2025
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2025
Liquidity more than 7 times current ratio 2.58 The current ratio rises from 0.35 to 2.58. Short-term debt falls from €160,299 to €98,053.
Annual accounts 2024 filed PDFmicro format · 11 days late
2024
Annual accounts 2023 filed PDFmicro format · 9 days late
2023
Annual accounts 2022 filed PDFmicro format · 14 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 26 days late
2021
Highest result from 2007 to 2025 net €208,229 ▲196% The net result of €208,229 is the highest of those years.
2020
Annual accounts 2020 filed PDFmicro format · 1 day before the deadline
2019
Annual accounts 2019 filed PDFmicro format · 30 days late
Liquidity more than quadruples current ratio 123.79 The current ratio rises from 30.15 to 123.79. Short-term debt falls from €9,278 to €2,625.
2018
Annual accounts 2018 filed PDFmicro format · on the deadline day
Liquidity more than triples current ratio 30.15 The current ratio rises from 8.41 to 30.15. Short-term debt falls from €24,834 to €9,278.
2017
Annual accounts 2017 filed PDFmicro format · 24 days late
Liquidity more than triples current ratio 8.41 The current ratio rises from 2.38 to 8.41. Short-term debt falls from €84,628 to €24,834.
2016
Annual accounts 2016 filed PDFfull format · 25 days late
2015
Annual accounts 2015 filed PDFfull format · 4 days before the deadline
2014
Annual accounts 2014 filed PDFfull format · 35 days before the deadline
Liquidity more than 10 times current ratio 2.36 The current ratio rises from 0.23 to 2.36. Short-term debt falls from €56,776 to €2,758.
2013
Annual accounts 2013 filed PDFfull format · 15 days before the deadline
Back to profit net €44,562 The net result is €44,562, after one loss-making year.
2012
Annual accounts 2012 filed PDFfull format · 9 days before the deadline
2011
Annual accounts 2011 filed PDFfull format · 27 days before the deadline
Back to profit net €15,802 The net result is €15,802, after one loss-making year.
2010
Annual accounts 2010 filed PDFfull format · 25 days before the deadline
Weakest financial year net -€1.2m The net result drops to -€1.2m, the lowest from 2007 to 2025.
2009
Annual accounts 2009 filed PDFfull format · 17 days late
2008
Annual accounts 2008 filed PDFfull format · 14 days before the deadline
2007
Annual accounts 2007 filed PDFfull format · 7 days before the deadline
2006
Annual accounts 2006 filed PDFfull format · 29 days late
2005
Annual accounts 2005 filed PDFfull format
2004
Annual accounts 2004 filed PDFfull format
2003
Annual accounts 2003 filed PDFfull format
2002
Annual accounts 2002 filed PDFfull format
2001
Incorporation 18 publications in the Belgian Official Gazette, the last on 23-02-2026

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Total assets fell from €383,650 in 2019 to €252,952 in 2025.1 In 2026 4 WIN was dissolved and its liquidation closed in a single deed.2

  1. 1National Bank, annual accounts 2019 and 2025
  2. 2Belgian Official Gazette, 23-02-2026

Company details

Inactive

Dissolved and wound up

4 WIN is no longer in the KBO register.

Status
Inactive
Reason
Dissolved and wound up in a single deedBelgian Official Gazette, 23 February 2026 · deed
Last annual accounts
financial year to 18 December 2025
Last registered office
Chaussee De La Hulpe 177, Bte 20, 1170 Watermael-Boitsfortas published on 23 February 2026
Legal form
Private limited company
First annual accounts
financial year 2002
Official KBO record

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