Turnover
≈ €78,000 estimated
The micro format states no turnover.
4estry
Overview
Lifetime
2 annual accounts with figures on one time axispeak €46,359 (2024)
€21,188▼ 54.3%
peak €31,491 (2024)
€10,698▼ 66.0%
peak €44,189 (2025)
€44,189▲ 31.9%
€61,681▲ 29.0%
Board1 name since 2023
1 directorLAUWEREINS Pascal William
Documentsfilings and deeds
07-04-202623 days before the deadline
2025micro format
Gross margin from €46,359 to €21,188Result from €31,491 to €10,698Equity from €33,491 to €44,189Debts from €47,833 to €61,681Investments €15,500Cash from €59,158 to €77,272
Key points
from the 2025 annual accountsInvestments
€15,500 2.2 × depreciation
Green is investment, beige is depreciation.
Starting capital
€2,000 100 shares
Checked score
95
Excellent
Financially stronger than 61% of micro companies in education (NACE 85)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,825 companies (NACE 85, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.5%▲ +0.1 percentage points vs 03-2025highest value
05-2025: < 0.1%▼ -0.5 percentage points vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
lowers risk
Sector: Education (NACE 85)
Liquidity: current ratio 1.30, cash €77,272
Size: total assets €105,870
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro). It does better than 47% of them on solvency, 60% on liquidity, 62% on profitability and 77% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as 4estry has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of 4estry itself is lower: < 0.1% within 12 months. It rests on far more data about 4estry than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for 4estry. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.3 (1.34 in 2024), below the usual 1.5. Short-term debt is 58.3% and cash 73% of total assets. 58.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-04-2026, 23 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
23 days early
2024
6 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 15 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0805055656
Incorporation
Founding capital of €2,000, 100 shares · Founder: LAUWEREINS Pascal William (comparant) · Appointment: LAUWEREINS Pascal William (director) · published on 25-08-2023 · Gazette deed
First establishment
Chemin du Renard 43, Rebecq
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| 4estry Rebecq | €105,870 | €21,188 | 41.7% | - |
| LFG Sint-Pieters-Leeuw | €122,621 | €26,802 | 20.0% | - |
| CS MEDIAS Waterloo | €78,479 | €27,317 | 79.7% | - |
| VIKINGWORKX Zonhoven | €77,983 | €24,768 | 0.1% | - |
| UpCoach Woluwe-Saint-Pierre | €80,524 | €28,522 | 24.2% | - |
| MAKE IT HAPPEN Antwerp | €140,750 | €16,517 | 19.4% | - |
| Stella Aartselaar | €79,537 | €18,480 | 81.4% | - |
These companies have the same main activity as 4estry: other education (NACE 85599). They are comparable in size and age: total assets between €78,000 and €141,000, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 23-08-2023Normal situation
- Activity
- Other educationNACE 85599and 3 others
- Establishment unit
- 2.349.487.2801430 Rebecq, since 23-08-2023
- Financial year end
- 30 September
- Peppol
- Reachable since 08-07-2025
Annual accounts to 30-09-2025
- €21,188▼ 54.3%
- €10,698▼ 66.0%
- €44,189▲ 31.9%
- €105,870▲ 30.2%
- Filing
- Filed on 07-04-2026, 23 days before the end of the filing period
Insights on 4estry
4estry has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,189 and a net result of €10,698.
Its solvency ranks better than 48% of 2,612 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 07-04-2026, 23 days before the deadline€21,188
▼ 54.3%
€13,663
▼ 65.5%
€10,698
▼ 66.0%
€18,597
▲ 13.8%
41.7%
▲ 0.6 percentage points
1.30
▼ 0.04
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €78,000. Estimated: probably between €52,000 and €160,000.
Balance sheet
balance sheet total €105,870 on 30-09-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
41.7%
Higher than 48% of 2,612 companies in 2025.
1.30
Higher than 39% of 2,481 companies in 2025.
10.1%
Higher than 55% of 2,510 companies in 2025.
4estry
Middle half of the sector
80% of the sector
Micro accounts in education (NACE 85)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
105,870 | 81,323 | |
21/28 |
25,592 | 17,146 | |
22/27 |
25,592 | 17,146 | |
23 |
1,800 | 2,401 | |
24 |
23,792 | 14,745 | |
29/58 |
80,278 | 64,177 | |
40/41 |
2,863 | 4,896 | |
40 |
1,933 | 3,686 | |
41 |
930 | 1,210 | |
54/58 |
77,272 | 59,158 | |
490/1 |
142 | 124 | |
| Balance sheet: equity and liabilities | |||
10/49 |
105,870 | 81,323 | |
10/15 |
44,189 | 33,491 | |
10/11 |
2,000 | 2,000 | |
14 |
42,189 | 31,491 | |
17/49 |
61,681 | 47,833 | |
42/48 |
61,681 | 47,833 | |
44 |
2,758 | 5,175 | |
440/4 |
2,758 | 5,175 | |
45 |
4,366 | 9,592 | |
450/3 |
2,852 | 8,092 | |
454/9 |
1,514 | 1,500 | |
47/48 |
54,557 | 33,066 | |
| Income statement | |||
9900 |
21,188 | 46,359 | |
630 |
7,054 | 6,205 | |
640/8 |
471 | 510 | |
9901 |
13,663 | 39,645 | |
75/76B |
0 | 1 | |
75 |
0 | 1 | |
65/66B |
113 | 64 | |
65 |
113 | 64 | |
9903 |
13,550 | 39,582 | |
67/77 |
2,852 | 8,092 | |
9904 |
10,698 | 31,491 | |
9905 |
10,698 | 31,491 | |
| Appropriation of the result | |||
9906 |
42,189 | 31,491 | |
14P |
31,491 | - | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 07-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 20,717 | 45,850 | ||
| 17,752 | 37,695 | ||
| 15,500 | 21,851 | ||
| 18,114 | - | ||
| 18,597 | 16,345 | ||
| 41.7% | 41.2% | ||
| 1.30 | 1.34 | ||
| 1.40 | 1.43 | ||
| 24.2% | 94.0% | ||
| 10.1% | 38.7% | ||
| over 100 | over 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| Item | 30-09-2025 | 30-09-2024 |
|---|---|---|
| Tangible fixed assets | €15,500 | €21,851 |
| €7,054 | €6,205 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on 4estry
The operating result for 2025 is 66% lower than in 2024.
Debt's share of the balance-sheet total falls from 58.8% to 58.3%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 23-08-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 07-04-2026
Mandates through the years
1 name, the dashed line is todayLAUWEREINS Pascal William
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- LAUWEREINS Pascal William
- Director (not named in the articles), from 23-08-2023 to date
Control
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- €442 in 2025
- Source
- deed of 25-08-2023
Articles of association
deed of 25-08-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of March at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 25-08-2023 ↗
- LAUWEREINS Pascal William 100 shares (100%) · €2,000
Network & group
No group
4estry has no parent and no holdings in its annual accounts. LAUWEREINS Pascal William is the only director. 4estry shares no director with another company.
Timeline
Timeline
5 events since 2023Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 30-04-2027
2026
Annual accounts 2025 filed PDFmicro format · 23 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0805055656
Annual accounts 2024 filed PDFmicro format · 6 days before the deadline
2023
IncorporationFounding capital of €2,000, 100 shares · Founder: LAUWEREINS Pascal William (comparant) · Appointment: LAUWEREINS Pascal William (director) · published on 25-08-20236 points ▸
- Founder, LAUWEREINS Pascal William (comparant)
- Name clause, 4estry
- Founding capital, €2,000, 100 shares
- Registered office clause, Chemin du Renard 43, 1430 Rebecq
- Board rule, 1
- Director appointment, LAUWEREINS Pascal William (director (not named in the articles))
- The deed holds 4 more points.
First establishment Chemin du Renard 43, Rebecq
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 23 August 2023, 4estry was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 LAUWEREINS Pascal William has served as director since 2023.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.4
Company details
Identity
- Enterprise number
- 0805.055.656
- VAT number
- BE 0805.055.656
- Peppol ID
- 0208:0805055656
- Other Peppol ID
- 9925:BE0805055656
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 23-08-2023
- Financial year
- ends on 30 September
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of March at 20:00deed of 25-08-2023 (in French)
- Peppol
- Reachable since 08-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- 4estry in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 25-08-2023 (in French)
Activities
NACEBEL 2025VAT activities
85599
Other education main activity
02100
Forestry and logging
Social security (RSZ) activities
85592
Vocational training main activity
Codes under NACEBEL 2008
85599
Other education main activity
02100
Forestry and logging
81300
Landscape service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Donner des formations d’élagage et d’abattage d’arbres et d’arbustes, l’entretien de jardins et la sylviculture en général, ainsi que…”deed of 25-08-2023 (in French)
17 activities
- Donner des formations d’élagage et d’abattage d’arbres et d’arbustes, l’entretien de jardins et la sylviculture en général, ainsi que l’utilisation des machines nécessaires à cet effet
- L’organisation d’examen en vue de l’obtention de certificats d’aptitude professionnelle dans le domaine d’élagage et d’abattage d’arbres et d’arbustes, l’entretien de jardins et la sylviculture en général, ainsi que l’utilisation des machines nécessaires à cet effet
- L’entretien de jardins et de forêts, la conception de jardins, d’aménagement de jardins, la construction de chemins, avec ou sans clinkers ou d’autres matières premières, l’installation de clôtures
- L’achat et la vente de matières premières, de plantes et autres matériaux
- L’achat et la vente de vêtements professionnels et de sécurité
- L’achat et la vente de machines horticoles
- La production, l’achat et la vente, en gros et au détail, l’importation et l’exportation, le commerce de commission, la promotion, la distribution, la réparation, l’entretien, la livraison, le montage et l’installation de meubles de toutes sortes
- L’organisation de formations relatives à la production de tous types de meubles
- L’organisation et l’accompagnement de voyages
- L’exploitation d’une entreprise de restauration et toutes les activités qui sont directement ou indirectement liées
- L’exploitation de restaurants, de points de vente d’alimentations et de boissons, de lieux de divertissement, de salons de consommation, de cafés, de bars, de tavernes, de dancings, de salons de thé, d’hôtels, de B&B, ainsi que l’organisation de toutes sortes d’événements et de festivités, d’expositions, de bals et d’autres
- La production, l’achat et la vente de sauces, de condiments et d’accessoires pour la restauration
- La vente de sandwichs, services de traiteur, l’exploitation de boucheries, l’exploitation de brasseries, la vente en gros de viande et de produits à base de viande, y compris la viande de gibier et de volaille, au sens le plus large
- L’exploitation de salons de dégustation et de consommation, la restauration avec ou sans service limité de toutes sortes d’alimentations et de boissons froides et chaudes, la location de salles avec ou sans services de restaurations
- Toutes les formes de restaurations
- La préparation, l’achat, la vente, la représentation, la distribution, l’importation et l’exportation de tous produits alimentaires et boissons
- L’organisation et la commercialisation de soirées dansantes, de concerts, de défilés de mode, de foires, de mariages, de réceptions, de banquets, de traiteurs, de fêtes et de soirees privées
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Chemin du Renard 43 registered office 1430 Rebecq | 23-08-2023 | 2.349.487.280 |
Buildings and parcels at the address
- Ground area
- 501 m²
- Buildings
- 101 m²
- Volume, LiDAR
- 733 m³
- Tallest building
- 9.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25088B0232/00A002 | 501 m² | 1 · 101 m² | 9.3 m · 2 |