4Best Projects
ActiveSummary
The computed 12-month bankruptcy probability of 4Best Projects is 1.5% (moderate). The 2025 annual accounts show equity of €453,296 and a net result of €244,011. Equity is growing by ~33.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 30 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability89▲+17
Solvency55▲+16
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity tight (current ratio 1.19 against 0.69 in 2024; short-term debt: 28.6% and cash: 5.7% of total assets), and 70.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 39
Relative position
BE, all sectors
reference
Remediation activities and other waste management service activities (NACE 39)
about 46% more bankruptcies
← 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
29.5%
Return on assets
15.9%
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 06-07-2026, 25 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
25 d early
2024
23 d early
2023
22 d early
2022
133 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 51 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 35% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#8 company by total assets in the province of Antwerp, Remediation sector#8 company by equity in the province of Antwerp, Remediation sector
Equity
€453,296▲ 117%
2024 · €209,285
Total assets
€1.5m▲ 0.2%
2024 · €1.5m
Net result
€244,011▲ 546%
2024 · €37,793
Working capital
€82,388
2024 · -€163,988
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€155,826-€53,876▼ 65.4%€76,478▲ 42.0%€398,506▲ 421%
Net result€133,929-€27,563▼ 79.4%€37,793▲ 37.1%€244,011▲ 546%
Equity€143,929-€171,492▲ 19.2%€209,285▲ 22.0%€453,296▲ 117%
Total assets€698,649-€600,987▼ 14.0%€1.5m▲ 155%€1.5m▲ 0.2%
Debt€554,720-€429,495▼ 22.6%€1.3m▲ 208%€1.1m▼ 18.2%
Working capital-€34,154--€22,523▲ 34.1%-€163,988▼ 628%€82,388
Staff (FTE)1.42▲ 42.9%2.3▲ 15.0%
Turnover and EBIT margin not published: the abbreviated 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 421% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.0m ▼ 12.7%
Current assets
€521,878 ▲ 40.4%
Equity and liabilities €1.5m
Equity
€453,296 ▲ 117%
Debt
€1.1m ▼ 18.2%
Debt's share of the balance-sheet total falls from 86.3% to 70.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€594,803▲
2024 · €237,020
Cash flow
€440,308▲
2024 · €198,335
Current ratio
1.19▲
2024 · 0.69
Quick ratio
1.19▲
2024 · 0.67
Debt to equity
2.39▼
2024 · 6.32
ROE
53.8%▲
2024 · 18.1%
ROA
15.9%▲
2024 · 2.5%
Interest coverage
14.27▲
2024 · 6.79
Debt ≤ 1 year
€439,490▼
2024 · €535,567
Debt > 1 year
€643,226▼
2024 · €788,035
Income taxes
€114,749▲
2024 · €7,120
Staff costs
€161,508▼
2024 · €162,890
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 6,703 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.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €17,912 | €162,890 | €161,508 | ▼ 0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,413 | €121,581 | €160,542 | €196,297 | ▲ 22.3% |
| Other operating charges640/8 | €1,973 | €2,614 | €7,841 | €7,937 | ▲ 1.2% |
| Gross operating margin9900 | €205,212 | €195,983 | €407,751 | €764,248 | ▲ 87.4% |
| Operating profit (loss)9901 | €155,826 | €53,876 | €76,478 | €398,506 | ▲ 421% |
| Financial income75/76B | €247 | €639 | €3,332 | €1,935 | ▼ 41.9% |
| Recurring financial income75 | €247 | €639 | €3,332 | €1,935 | ▼ 41.9% |
| Financial charges65/66B | €6,785 | €17,841 | €34,897 | €41,681 | ▲ 19.4% |
| Recurring financial charges65 | €6,785 | €17,841 | €34,897 | €41,681 | ▲ 19.4% |
| Profit (loss) for the period before taxes9903 | €149,288 | €36,674 | €44,913 | €358,760 | ▲ 699% |
| Income taxes67/77 | €15,359 | €9,111 | €7,120 | €114,749 | ▲ 1,512% |
| Profit (loss) for the period9904 | €133,929 | €27,563 | €37,793 | €244,011 | ▲ 546% |
| Profit (loss) for the period to be appropriated9905 | €133,929 | €27,563 | €37,793 | €244,011 | ▲ 546% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €698,649 | €600,987 | €1.5m | €1.5m | ▲ 0.2% |
| Fixed assets21/28 | €538,523 | €457,116 | €1.2m | €1.0m | ▼ 12.7% |
| Tangible fixed assets22/27 | €538,523 | €457,116 | €1.2m | €1.0m | ▼ 12.9% |
| Land and buildings22 | - | - | €484,291 | €481,141 | ▼ 0.7% |
| Plant, machinery and equipment23 | €34,547 | €58,471 | €129,003 | €113,172 | ▼ 12.3% |
| Furniture and vehicles24 | €163,209 | €134,113 | €100,083 | €66,053 | ▼ 34.0% |
| Leasing and similar rights25 | €340,767 | €264,532 | €447,931 | €351,518 | ▼ 21.5% |
| Financial fixed assets28 | - | - | - | €2,250 | - |
| Current assets29/58 | €160,126 | €143,871 | €371,579 | €521,878 | ▲ 40.4% |
| Stocks and contracts in progress3 | - | - | €13,603 | €960 | ▼ 92.9% |
| Stocks30/36 | - | - | €13,603 | €960 | ▼ 92.9% |
| Amounts receivable within one year40/41 | €136,843 | €70,114 | €317,175 | €426,466 | ▲ 34.5% |
| Trade receivables40 | €67,233 | €30,346 | €233,603 | €364,658 | ▲ 56.1% |
| Other amounts receivable41 | €69,610 | €39,768 | €83,572 | €61,808 | ▼ 26.0% |
| Cash at bank and in hand54/58 | €22,395 | €68,432 | €38,517 | €87,893 | ▲ 128% |
| Deferred charges and accrued income490/1 | €888 | €5,325 | €2,284 | €6,559 | ▲ 187% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €698,649 | €600,987 | €1.5m | €1.5m | ▲ 0.2% |
| Equity10/15 | €143,929 | €171,492 | €209,285 | €453,296 | ▲ 117% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €133,929 | €161,492 | €199,285 | €443,296 | ▲ 122% |
| Distributable reserves133 | €133,929 | €161,492 | €199,285 | €443,296 | ▲ 122% |
| Amounts payable17/49 | €554,720 | €429,495 | €1.3m | €1.1m | ▼ 18.2% |
| Amounts payable after more than one year17 | €360,440 | €263,101 | €788,035 | €643,226 | ▼ 18.4% |
| Financial debts170/4 | €360,440 | €263,101 | €788,035 | €643,226 | ▼ 18.4% |
| Amounts payable within one year42/48 | €194,280 | €166,394 | €535,567 | €439,490 | ▼ 17.9% |
| Current portion of amounts payable after more than one year42 | €106,063 | €97,340 | €162,009 | €177,928 | ▲ 9.8% |
| Financial debts43 | - | - | €36,667 | €140,000 | ▲ 282% |
| Credit institutions430/8 | - | - | €36,667 | €140,000 | ▲ 282% |
| Trade debts44 | €66,310 | €68,737 | €238,305 | €119,230 | ▼ 50.0% |
| Suppliers440/4 | €66,310 | €68,737 | €238,305 | €119,230 | ▼ 50.0% |
| Taxes, remuneration and social security45 | - | €268 | - | - | - |
| Remuneration and social security454/9 | - | €268 | - | - | - |
| Other amounts payable47/48 | €21,907 | €49 | €98,586 | €2,332 | ▼ 97.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €133,929 | €27,563 | €37,793 | €244,011 | ▲ 546% |
| + Depreciation and write-downs630 | €47,413 | €121,581 | €160,542 | €196,297 | ▲ 22.3% |
| Operating cash flow (approximation) | €181,342 | €149,144 | €198,335 | €440,308 | ▲ 122% |
| Investment in fixed assets (approximation) | - | -€40,174 | -€864,734 | -€49,123 | ▲ 94.3% |
| Change in cash | - | €46,037 | -€29,915 | €49,376 | ▲ 265% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2022net €244,011 ▲546%
Operating result €398,506, net result €244,011, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €200,000Eq €209,285 ▲22%
3 profitable years in a row build equity to €209,285.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €27,563 ▼79.4%
Net result drops to €27,563, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150,000Eq €171,492 ▲19.2%
2 profitable years in a row build equity to €171,492.
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Beerse · 1 establishment unit since 2021
Ground area
6,908 m²
Building footprint
1,979 m²
Volume, LiDAR
713 m³
Parcel 13004C0385/00F033, Flanders · tallest building 2.7 m. Linked by address, not a title deed.
1 establishment unit
4Best Projects
since 20212.320.145.374
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004C0385/00F033 | Flanders | 6,908 m² | 1 · 1,979 m² | 2.7 m |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 937 EUR awarded · 937 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 106 EUR | 178 EUR |
| 2024 | 1 | 432 EUR | 759 EUR |
| 2023 | 1 | 399 EUR | 0 EUR |
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Of 253 companies in sector 39000 we hold annual accounts for 133. 86 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
39000Remediation activities and other waste management service activities
43990Other specialised construction activities
38120Waste collection, recovery and disposal activities
38330Waste collection, recovery and disposal activities
Contact
Website
www@4best.be
E-mail
info@4best.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0771886309
Registered
14-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.