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4EVER Construct

Active
Private limited companyfounded 2019active for 7 yearsMaalderij 20, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0735.662.747
Summary

4EVER Construct has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,937 and a net result of €53,736. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 11,075 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€1.7mtotal assets 2025
Equity
€21,937
Profit
€53,736
Turnover not published (abbreviated or micro format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Accounts filed 37 days late0 of 1 deed read
Why 69raises riskLatest accounts 37 days late; 1 of the last 3 lateEquity €21,937 (1.3% of total assets)lowers riskSize: total assets €1.7mSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 43% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Weak
Solvency 26+2
equity 1.3% of total assets
Liquidity 29-11
short-term debt 45.2% · cash 1.0%
Profitability 39+16
return on assets 3.2%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,597 companies, NACE 68, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.2%▼ -0.4 percentage points vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%▲ +0.2 percentage points vs 10-2025 12-2025: 0.9%▲ +0.2 percentage points vs 11-2025highest value 01-2026: 0.4%▼ -0.5 percentage points vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.6%▲ +0.1 percentage points vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.07, compared with 3.56 in 2024, above the usual 1.5; short-term debt: 45.2% and cash: 1% of total assets), but 98.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 21% on solvency, 22% on liquidity, 35% on profitability and 95% on growth.

The bankruptcy probability was computed on 17-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Latest accounts 37 days late; 1 of the last 3 late
NBB · filings
raises risk · Equity €21,937 (1.3% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 11075 sector peers (2025).
NBB · sector comparison
Position among 11075 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 07-12-2025, 37 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
37 days late
2024
4 days late
2023
1 day early
2022
29 days late
2021
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 14 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 4 November (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end18-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €53,736
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (37 days) Filed on 7 December 2025, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2025-00577867.

Equity
€21,937
2024 · -€31,799
Total assets
€1.7m▼ 37.4%
2024 · €2.7m
Net result
€53,736
2024 · -€22,151
Working capital
€807,915▼ 55.9%
2024 · €1.8m
Trend over the years

2021 to 2025, 5 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 163% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.05m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result-€0.004m-€0.03m-€0.008m€0.04m€0.1m▲ 163%
Net result-€0.008mbelow the sector's middle half-€0.03mwithin the sector's middle half-€0.04mbelow the sector's middle half-€0.02mbelow the sector's middle half▲ 39.3%€0.05mwithin the sector's middle half
Equity€0.002mbelow the sector's middle half-€0.03mbelow the sector's middle half▲ 1,669%-€0.01mbelow the sector's middle half-€0.03mbelow the sector's middle half▼ 230%€0.02mbelow the sector's middle half
Total assets€0.4mwithin the sector's middle half-€0.6mbelow the sector's middle half▲ 68.7%€1.9mwithin the sector's middle half▲ 213%€2.7mwithin the sector's middle half▲ 41.7%€1.7mwithin the sector's middle half▼ 37.4%
Debt€0.4m-€0.6m▲ 61.8%€1.9m▲ 229%€2.7m▲ 42.6%€1.6m▼ 38.9%
Working capital€0.1mabove the sector's middle half-€0.3mwithin the sector's middle half▲ 154%€1.4mabove the sector's middle half▲ 336%€1.8mabove the sector's middle half▲ 27.7%€0.8mabove the sector's middle half▼ 55.9%
Solvency0.4%below the sector's middle half-4.5%below the sector's middle half▲ 4.1pp-0.5%below the sector's middle half▼ 5.0pp-1.2%below the sector's middle half▼ 0.7pp1.3%below the sector's middle half▲ 2.5pp
Current ratio1.58within the sector's middle half-3.11above the sector's middle half▲ 1.525.37above the sector's middle half▲ 2.273.56above the sector's middle half▼ 1.812.07within the sector's middle half▼ 1.48
Return on assets (ROA)-2.4%below the sector's middle half-4.2%within the sector's middle half▲ 6.6pp-1.9%below the sector's middle half▼ 6.2pp-0.8%within the sector's middle half▲ 1.1pp3.2%within the sector's middle half▲ 4.1pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets €103,270 ▼ 3.5%
Current assets €1.6m ▼ 38.8%
Equity and liabilities €1.7m
Equity €21,937
Debt €1.6m
Debt finances 98.7% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€101,791▲
2024 · €41,145
Cash flow
€57,429▲
2024 · -€18,255
Quick ratio
0.05▲
2024 · 0.04
Debt to equity
74.82
ROE
245.0%
Interest coverage
1.91▲
2024 · 0.68
Debt ≤ 1 year
€752,015▲
2024 · €716,045
Debt > 1 year
€889,247▼
2024 · €2.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,603 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96.0% are still going.

  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.9% went bankrupt
1.8% stopped otherwise
96.0% 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 0.6% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,603 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.7m€1.7m▼
Fixed assets21/28€0.1m€0.1m▼
Tangible fixed assets22/27€0.1m€0.1m▼
Land and buildings22€0.1m€0.1m=
Plant, machinery and equipment23€0.001m€77▼
Furniture and vehicles24€0.002m€0.001m▼
Other tangible fixed assets26€0.004m€0.002m▼
Current assets29/58€2.5m€1.6m▼
Stocks and contracts in progress3€2.5m€1.5m▼
Stocks30/36€2.5m€1.5m▼
Amounts receivable within one year40/41€0.02m€0.02m▲
Trade receivables40-€0.003m
Other amounts receivable41€0.02m€0.02m▲
Cash at bank and in hand54/58€0.01m€0.02m▲
Equity and liabilities
Total equity and liabilities10/49€2.7m€1.7m▼
Equity10/15-€0.03m€0.02m▲
Contributions10/11€0.01m€0.01m=
Capital10€0.01m€0.01m=
Issued capital100€0.01m€0.01m=
Reserves13€0.001m€0.001m=
Non-distributable reserves130/1€0.001m€0.001m=
Legal reserve130€0.001m€0.001m=
Profit (loss) carried forward14-€0.04m€0.01m▲
Amounts payable17/49€2.7m€1.6m▼
Amounts payable after more than one year17€2.0m€0.9m▼
Financial debts170/4€2.0m€0.9m▼
Amounts payable within one year42/48€0.7m€0.8m▲
Current portion of amounts payable after more than one year42€0.07m€0.07m=
Financial debts43€0.08m€0.09m▲
Credit institutions430/8€0.06m€0.07m▲
Other loans439€0.02m€0.02m=
Trade debts44€0.3m€0.3m▼
Suppliers440/4€0.3m€0.3m▼
Other amounts payable47/48€0.3m€0.3m▲
Accrued charges and deferred income492/3€0.007m-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.004m€0.004m▼
Other operating charges640/8€0.001m€0.001m▲
Gross operating margin9900€0.04m€0.1m▲
Operating profit (loss)9901€0.04m€0.1m▲
Financial income75/76B€0.001m€0.009m▲
Recurring financial income75€0.001m€0.009m▲
Financial charges65/66B€0.06m€0.05m▼
Recurring financial charges65€0.06m€0.05m▼
Profit (loss) for the period before taxes9903-€0.02m€0.05m▲
Profit (loss) for the period9904-€0.02m€0.05m▲
Profit (loss) for the period to be appropriated9905-€0.02m€0.05m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.04m€0.01m▲
Profit (loss) brought forward from the previous period14P-€0.02m-€0.04m▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€193€3,459€3,952€3,896€3,693▼ 5.2%
Other operating charges640/8-€6,119€4,355€1,042€1,413▲ 35.6%
Gross operating margin9900-€653€38,571€38€42,187€103,204▲ 145%
Operating profit (loss)9901-€4,476€28,993-€8,269€37,249€98,099▲ 163%
Financial income75/76B--€3€1,447€9,000▲ 522%
Recurring financial income75--€3€1,447€9,000▲ 522%
Financial charges65/66B-€3,648€24,100€60,847€53,363▼ 12.3%
Recurring financial charges65€4,005€3,648€24,100€60,847€53,363▼ 12.3%
Profit (loss) for the period before taxes9903-€8,481€25,345-€32,366-€22,151€53,736-
Income taxes67/77--€4,145---
Profit (loss) for the period9904-€8,481€25,345-€36,512-€22,151€53,736-
Profit (loss) for the period to be appropriated9905-€8,481€25,345-€36,512-€22,151€53,736-
Line20212022202320242025Change
Assets
Total assets20/58€0.4m€0.6m€1.9m€2.7m€1.7m▼ 37.4%
Fixed assets21/28€0.004m€0.1m€0.1m€0.1m€0.1m▼ 3.5%
Tangible fixed assets22/27€0.004m€0.1m€0.1m€0.1m€0.1m▼ 3.5%
Land and buildings22-€0.1m€0.1m€0.1m€0.1m=
Plant, machinery and equipment23-€0.002m€0.001m€0.001m€77▼ 85.2%
Furniture and vehicles24-€0.004m€0.003m€0.002m€0.001m▼ 55.7%
Other tangible fixed assets26-€0.008m€0.006m€0.004m€0.002m▼ 47.8%
Current assets29/58€0.4m€0.5m€1.8m€2.5m€1.6m▼ 38.8%
Stocks and contracts in progress3--€1.5m€2.5m€1.5m▼ 39.7%
Stocks30/36--€1.5m€2.5m€1.5m▼ 39.7%
Amounts receivable within one year40/41€0.06m€0.2m€0.3m€0.02m€0.02m▲ 24.6%
Trade receivables40-€0.2m€0.2m-€0.003m-
Other amounts receivable41-€0.006m€0.02m€0.02m€0.02m▲ 6.9%
Cash at bank and in hand54/58€0.3m€0.2m€0.01m€0.01m€0.02m▲ 75.8%
Equity and liabilities
Total equity and liabilities10/49€0.4m€0.6m€1.9m€2.7m€1.7m▼ 37.4%
Equity10/15€0.002m€0.03m-€0.01m-€0.03m€0.02m-
Contributions10/11€0.01m€0.01m€0.01m€0.01m€0.01m=
Capital10-€0.01m€0.01m€0.01m€0.01m=
Issued capital100-€0.01m€0.01m€0.01m€0.01m=
Reserves13-€0.001m€0.001m€0.001m€0.001m=
Non-distributable reserves130/1-€0.001m€0.001m€0.001m€0.001m=
Legal reserve130-€0.001m€0.001m€0.001m€0.001m=
Profit (loss) carried forward14-€0.008m€0.02m-€0.02m-€0.04m€0.01m-
Amounts payable17/49€0.4m€0.6m€1.9m€2.7m€1.6m▼ 38.9%
Amounts payable after more than one year17€0.1m€0.4m€1.6m€2.0m€0.9m▼ 54.7%
Financial debts170/4-€0.4m€1.6m€2.0m€0.9m▼ 54.7%
Amounts payable within one year42/48€0.2m€0.2m€0.3m€0.7m€0.8m▲ 5.0%
Current portion of amounts payable after more than one year42--€0.07m€0.07m€0.07m=
Financial debts43-€0.02m€0.02m€0.08m€0.09m▲ 13.1%
Credit institutions430/8---€0.06m€0.07m▲ 18.1%
Other loans439-€0.02m€0.02m€0.02m€0.02m=
Trade debts44€0.2m€0.1m€0.2m€0.3m€0.3m▼ 3.1%
Suppliers440/4-€0.1m€0.2m€0.3m€0.3m▼ 3.1%
Other amounts payable47/48-€0.02m€0.07m€0.3m€0.3m▲ 11.0%
Accrued charges and deferred income492/3---€0.007m--
Line20212022202320242025Change
Profit (loss) for the period9904-€8,481€25,345-€36,512-€22,151€53,736-
+ Depreciation and write-downs630€193€3,459€3,952€3,896€3,693▼ 5.2%
Operating cash flow (approximation)-€8,288€28,805-€32,559-€18,255€57,429-
Investment in fixed assets (approximation)--€113,700-€756€0€0-
Change in cash--€54,884-€226,985-€1,473€7,477-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-03-2025 abbreviated format 07-12-2025 2025-00577867
31-03-2024 abbreviated format 04-11-2024 2024-00528481
31-03-2023 abbreviated format 30-10-2023 2023-00507930
31-03-2022 abbreviated format 29-11-2022 2022-20531574
31-03-2021 micro format 30-10-2021 2021-76200266

Similar companies · same sector, comparable size

Of the 9,540 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,338. 4,130 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

4EVER Construct was incorporated on 3 October 2019 as a private limited company.1 Total assets rose from €355,059 in 2021 to €1.7m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-10-2026
2025
07-12
NBB filing Annual accounts filed
financial year 2025 · abbreviated format · 37 days late
31-03
Financial Back to profitnet €53,736
Net result €53,736 after 2 loss-making years.
2024
04-11
NBB filing Annual accounts filed
financial year 2024 · abbreviated format · 4 days late
2023
30-10
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
31-03
Financial Weakest financial yearnet -€36,512
Net result drops to -€36,512, the lowest in the series; recovery starts the following year.
2022
29-11
NBB filing Annual accounts filed
financial year 2022 · abbreviated format · 29 days late
31-03
Financial Back to profitnet €25,345
Net result €25,345 after one loss-making year.
2021
30-10
NBB filing Annual accounts filed
financial year 2021 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded03-10-2019
Financial year end31-03
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
Contact
E-mail frederic@4-ever-one.be
Phone 0477874573
E-invoicing
Reachable via Peppol
Peppol ID 0208:0735662747
Also 9925:BE0735662747
Registered 10-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 17 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0735.662.747

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Merelbeke-Melle · 1 establishment unit since 2019
registered office establishment The establishment unit on the map
Ground area
776 m²
Building footprint
122 m²
Building volume
43 m³
Parcel 44010A0430/00D000, Flanders · tallest building 4.9 m. Linked by address, not a title deed.
1 establishment unit
4EVER Construct
Maalderij 20, 9820 Merelbeke-MelleDevelopment of residential building projects
since 2019unit no. 2.296.814.203
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44010A0430/00D000 Flanders 776 m² 1 · 122 m² 4.9 m
How the parcels are linked
Good to know
The parcel matches the address exactly.