4CRANES
ActiveSummary
4CRANES has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €763,820 and a net result of €62,781. Equity is growing by ~46.5% per year across the filed fiscal years. Its solvency ranks better than 85% of 407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-23
Solvency100▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 33.26 against 6.15 in 2024; short-term debt: 2.8% and cash: 52.1% of total assets), and 19.7% 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 · 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
80.3%
Return on assets
6.6%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 29-05-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
4 d early
2023
8 d early
2022
6 d early
2021
on the day
2020
on the day
2019
3 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 3 days before the deadline; the sector median for financial year 2024 is 11 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 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-10-2026 close31-05-2027 deadline
History
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
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€763,820▲ 9.0%
2024 · €701,039
Total assets
€950,847▼ 5.6%
2024 · €1.0m
Net result
€62,781▼ 86.8%
2024 · €475,477
Working capital
€872,027▲ 19.3%
2024 · €730,898
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€42,427▲ 60.5%€57,199▲ 34.8%€58,342▲ 2.0%€679,151▲ 1,064%€78,218▼ 88.5%
Net result€37,011within the sector's middle half▲ 42.6%€47,810within the sector's middle half▲ 29.2%€40,779within the sector's middle half▼ 14.7%€475,477above the sector's middle half▲ 1,066%€62,781within the sector's middle half▼ 86.8%
Equity€136,972below the sector's middle half▲ 37.0%€184,782below the sector's middle half▲ 34.9%€225,561below the sector's middle half▲ 22.1%€701,039within the sector's middle half▲ 211%€763,820within the sector's middle half▲ 9.0%
Total assets€542,925below the sector's middle half▲ 59.2%€535,126below the sector's middle half▼ 1.4%€512,101below the sector's middle half▼ 4.3%€1.0mwithin the sector's middle half▲ 96.7%€950,847within the sector's middle half▼ 5.6%
Debt€245,953▲ 203%€190,344▼ 22.6%€126,540▼ 33.5%€146,255▲ 15.6%€27,028▼ 81.5%
Working capital€147,313▼ 29.5%€217,010▲ 47.3%€275,317▲ 26.9%€730,898▲ 165%€872,027▲ 19.3%
Solvency25.2%within the sector's middle half▼ 4.1pp34.5%within the sector's middle half▲ 9.3pp44.0%within the sector's middle half▲ 9.5pp69.6%above the sector's middle half▲ 25.6pp80.3%above the sector's middle half▲ 10.7pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 88% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €950,847
Fixed assets
€51,793 ▼ 61.5%
Current assets
€899,055 ▲ 3.0%
Equity and liabilities €950,847
Equity
€763,820 ▲ 9.0%
Provisions
€160,000 =
Debt
€27,028 ▼ 81.5%
Debt's share of the balance-sheet total falls from 14.5% to 2.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€160,797▼
2024 · €754,335
Cash flow
€145,360▼
2024 · €550,662
Current ratio
33.26▲
2024 · 6.15
Debt to equity
0.04▼
2024 · 0.21
ROE
8.2%▼
2024 · 67.8%
ROA
6.6%▼
2024 · 47.2%
Interest coverage
402.59▼
2024 · 845.57
Debt ≤ 1 year
€27,028▼
2024 · €142,024
Debt > 1 year
€0▼
2024 · €4,159
Income taxes
€24,462▼
2024 · €216,176
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% 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 20,082 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €86,460 | €89,503 | €82,292 | €75,185 | €82,579 | ▲ 9.8% |
| Other operating charges640/8 | €459 | €460 | €499 | €514 | €627 | ▲ 22.1% |
| Gross operating margin9900 | €129,345 | €147,162 | €141,133 | €754,849 | €161,424 | ▼ 78.6% |
| Operating profit (loss)9901 | €42,427 | €57,199 | €58,342 | €679,151 | €78,218 | ▼ 88.5% |
| Financial income75/76B | €817 | €1,182 | €1,494 | €13,395 | €9,425 | ▼ 29.6% |
| Recurring financial income75 | €817 | €1,182 | €1,494 | €13,395 | €9,425 | ▼ 29.6% |
| Financial charges65/66B | €2,531 | €2,827 | €3,132 | €892 | €399 | ▼ 55.2% |
| Recurring financial charges65 | €2,531 | €2,827 | €3,132 | €892 | €399 | ▼ 55.2% |
| Profit (loss) for the period before taxes9903 | €40,712 | €55,554 | €56,704 | €691,653 | €87,243 | ▼ 87.4% |
| Income taxes67/77 | €3,701 | €7,744 | €15,924 | €216,176 | €24,462 | ▼ 88.7% |
| Profit (loss) for the period9904 | €37,011 | €47,810 | €40,779 | €475,477 | €62,781 | ▼ 86.8% |
| Profit (loss) for the period to be appropriated9905 | €37,011 | €47,810 | €40,779 | €475,477 | €62,781 | ▼ 86.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €542,925 | €535,126 | €512,101 | €1.0m | €950,847 | ▼ 5.6% |
| Fixed assets21/28 | €323,924 | €242,913 | €165,822 | €134,372 | €51,793 | ▼ 61.5% |
| Tangible fixed assets22/27 | €323,924 | €242,913 | €165,822 | €134,372 | €51,793 | ▼ 61.5% |
| Plant, machinery and equipment23 | €305,963 | €221,241 | €145,161 | €77,162 | €9,284 | ▼ 88.0% |
| Furniture and vehicles24 | €11,962 | €9,727 | €9,683 | €48,880 | €36,827 | ▼ 24.7% |
| Other tangible fixed assets26 | €5,999 | €11,944 | €10,977 | €8,330 | €5,682 | ▼ 31.8% |
| Current assets29/58 | €219,000 | €292,213 | €346,279 | €872,922 | €899,055 | ▲ 3.0% |
| Amounts receivable after more than one year29 | €35,759 | €0 | - | - | - | - |
| Other amounts receivable291 | €35,759 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €104,384 | €45,434 | €83,762 | €236,123 | €402,200 | ▲ 70.3% |
| Trade receivables40 | €92,712 | €23,036 | €23,454 | €25,399 | €174,664 | ▲ 588% |
| Other amounts receivable41 | €11,672 | €22,398 | €60,308 | €210,724 | €227,537 | ▲ 8.0% |
| Current investments50/53 | - | - | - | €300,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €77,969 | €245,704 | €261,251 | €335,125 | €495,303 | ▲ 47.8% |
| Deferred charges and accrued income490/1 | €889 | €1,075 | €1,265 | €1,674 | €1,552 | ▼ 7.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €542,925 | €535,126 | €512,101 | €1.0m | €950,847 | ▼ 5.6% |
| Equity10/15 | €136,972 | €184,782 | €225,561 | €701,039 | €763,820 | ▲ 9.0% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €74,998 | €122,809 | €163,588 | €639,065 | €701,846 | ▲ 9.8% |
| Non-distributable reserves130/1 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Tax-exempt reserves132 | €13,470 | €13,470 | €13,470 | €13,470 | €13,470 | = |
| Distributable reserves133 | €55,331 | €103,141 | €143,920 | €619,398 | €682,179 | ▲ 10.1% |
| Provisions and deferred taxes16 | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Provisions for liabilities and charges160/5 | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Pensions and similar obligations160 | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Amounts payable17/49 | €245,953 | €190,344 | €126,540 | €146,255 | €27,028 | ▼ 81.5% |
| Amounts payable after more than one year17 | €174,266 | €115,141 | €55,577 | €4,159 | €0 | ▼ 100% |
| Financial debts170/4 | €174,266 | €115,141 | €55,577 | €4,159 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €71,687 | €75,203 | €70,962 | €142,024 | €27,028 | ▼ 81.0% |
| Current portion of amounts payable after more than one year42 | €58,688 | €59,125 | €59,563 | €51,418 | €4,159 | ▼ 91.9% |
| Trade debts44 | €1,814 | €3,123 | €619 | €1,659 | €2,744 | ▲ 65.4% |
| Suppliers440/4 | €1,814 | €3,123 | €619 | €1,659 | €2,744 | ▲ 65.4% |
| Taxes, remuneration and social security45 | €11,185 | €12,955 | €10,781 | €86,482 | €15,623 | ▼ 81.9% |
| Taxes450/3 | €7,710 | €12,955 | €10,781 | €83,007 | €12,148 | ▼ 85.4% |
| Remuneration and social security454/9 | €3,475 | €0 | - | €3,475 | €3,475 | = |
| Other amounts payable47/48 | - | - | - | €2,465 | €4,501 | ▲ 82.6% |
| Accrued charges and deferred income492/3 | - | - | - | €72 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,011 | €47,810 | €40,779 | €475,477 | €62,781 | ▼ 86.8% |
| + Depreciation and write-downs630 | €86,460 | €89,503 | €82,292 | €75,185 | €82,579 | ▲ 9.8% |
| Operating cash flow (approximation) | €123,471 | €137,313 | €123,071 | €550,662 | €145,360 | ▼ 73.6% |
| Investment in fixed assets (approximation) | - | -€8,491 | -€5,201 | -€43,734 | €0 | ▲ 100% |
| Change in cash | - | €167,735 | €15,547 | €73,874 | €160,178 | ▲ 117% |
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
14-08
State Gazette act
General meeting · Director reappointment
Permanent representative · Pre-incorporation commitments
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-10
Financial
Liquidity times 5current ratio 33.26
Current ratio from 6.15 to 33.26; short-term debt falls from €142,024 to €27,028.
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-10
Financial
Highest result since 2018net €475,477 ▲1,066%
Operating result €679,151, net result €475,477, both a record.
31-10
Financial
Equity above €500,000Eq €701,039 ▲211%
7 profitable years in a row build equity to €701,039.
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-10
Financial
Equity above €200,000Eq €225,561 ▲22.1%
6 profitable years in a row build equity to €225,561.
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-10
Financial
Equity above €150,000Eq €184,782 ▲34.9%
5 profitable years in a row build equity to €184,782.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-10
Financial
Equity above €100,000Eq €136,972 ▲37%
4 profitable years in a row build equity to €136,972.
Show earlier events
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-10
Financial
Weakest financial yearnet €25,950 ▼12%
Net result drops to €25,950, the lowest in the series; recovery starts the following year.
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has 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.
Directors · office · real estate
Directors
5 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, Kortrijk · 1 establishment unit since 1997
Ground area
2,182 m²
Building footprint
236 m²
Volume, LiDAR
1,712 m³
Parcel 34354C0900/00Y002, Flanders · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Anna Bijnslaan(Kor) 24, 8500 Kortrijk
since 19972.080.500.144
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354C0900/00Y002 | Flanders | 2,181 m² | 1 · 236 m² | 9.2 m · 3 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.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Similar companies · same sector, comparable size
Bleibcool.be
BE 0431.721.363
Sankt Vith · Eq €757,727
C.V.M.
BE 0407.235.791
Harelbeke · Eq €736,282
Vapo Hydraulics
BE 0413.930.474
Moorslede · Eq €729,461
SEYNA
BE 0436.795.156
Waregem · Eq €801,130
J.I.T. THIJS
BE 0460.999.527
Sint-Niklaas · Eq €726,930
Of 211 companies in sector 28299 we hold annual accounts for 154. 115 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded03-02-1997
Fiscal year end31-10
Activities, NACEBEL 2025
28299Manufacture of machinery and equipment not elsewhere classified
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459887787
Also
9925:BE0459887787
Registered
23-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.