4FINANCE
ActiveSummary
4FINANCE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,179 and a net result of €44,266. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 7% of 12788 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+9
Solvency28▼-7
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.97 in 2024; short-term debt: 97.3% and cash: 7.9% of total assets), and 97.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer 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
2.7%
Return on assets
9%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 12788 sector peers (2025).
NBB · sector comparisonPosition among 12788 sector peers
Solvency
better than 7%
← weakest
strongest →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
71 d late
2023
68 d late
2022
30 d late
2021
34 d late
2020
31 d late
2019
65 d late
← 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 41 days after the deadline; the sector median for financial year 2024 is 9 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 31-12-2026 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, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€44,266▲ 385%
2024 · €9,135
Working capital
-€27,985▼ 54.3%
2024 · -€18,135
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
Line20212022202320242025
Operating result€605€13,773▲ 2,178%-€7,180€13,956€46,169▲ 231%
Net result€6,503▲ 685%€12,130▲ 86.5%€1,719▼ 85.8%€9,135▲ 432%€44,266▲ 385%
Equity€34,074▲ 23.6%€46,205▲ 35.6%€47,923▲ 3.7%€57,058▲ 19.1%€13,179▼ 76.9%
Total assets€471,067▲ 3.6%€608,162▲ 29.1%€584,005▼ 4.0%€589,789▲ 1.0%€489,851▼ 16.9%
Debt€436,992▲ 2.3%€561,957▲ 28.6%€536,082▼ 4.6%€532,731▼ 0.6%€476,673▼ 10.5%
Working capital-€10,160▲ 15.0%-€2,341▲ 77.0%-€4,353▼ 85.9%-€18,135▼ 317%-€27,985▼ 54.3%
Staff (FTE)5.2▲ 6.1%8.6▲ 65.4%9.8▲ 14.0%9.9▲ 1.0%6.8▼ 31.3%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 231% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €489,851
Fixed assets
€41,164 ▼ 47.2%
Current assets
€448,687 ▼ 12.3%
Equity and liabilities €489,851
Equity
€13,179 ▼ 76.9%
Debt
€476,673 ▼ 10.5%
Debt's share of the balance-sheet total rises from 90.3% to 97.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€57,847▲
2024 · €38,575
Cash flow
€55,944▲
2024 · €33,754
Current ratio
0.94▼
2024 · 0.97
Debt to equity
36.17▲
2024 · 9.34
ROE
335.9%▲
2024 · 16.0%
ROA
9.0%▲
2024 · 1.5%
Interest coverage
70.74▲
2024 · 53.21
Debt ≤ 1 year
€476,673▼
2024 · €530,031
Income taxes
€5,573▼
2024 · €12,370
Staff costs
€198,655▼
2024 · €300,357
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,322 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.3%
went bankrupt
3.1%
stopped otherwise
95%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 1,322 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €97,064 | €204,548 | €277,801 | €300,357 | €198,655 | ▼ 33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,200 | €22,883 | €26,135 | €24,619 | €11,678 | ▼ 52.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €1,391 | - | - | - |
| Other operating charges640/8 | €4,971 | €4,763 | €4,511 | €29,091 | €6,891 | ▼ 76.3% |
| Gross operating margin9900 | €118,840 | €245,967 | €302,658 | €368,023 | €263,392 | ▼ 28.4% |
| Operating profit (loss)9901 | €605 | €13,773 | -€7,180 | €13,956 | €46,169 | ▲ 231% |
| Financial income75/76B | €8,917 | €7,805 | €13,876 | €8,273 | €4,488 | ▼ 45.8% |
| Recurring financial income75 | €8,917 | €7,805 | €13,876 | €8,273 | €4,488 | ▼ 45.8% |
| Financial charges65/66B | €641 | €546 | €724 | €725 | €818 | ▲ 12.8% |
| Recurring financial charges65 | €641 | €546 | €724 | €725 | €818 | ▲ 12.8% |
| Profit (loss) for the period before taxes9903 | €8,881 | €21,032 | €5,973 | €21,505 | €49,839 | ▲ 132% |
| Income taxes67/77 | €2,378 | €8,902 | €4,254 | €12,370 | €5,573 | ▼ 54.9% |
| Profit (loss) for the period9904 | €6,503 | €12,130 | €1,719 | €9,135 | €44,266 | ▲ 385% |
| Profit (loss) for the period to be appropriated9905 | €6,503 | €12,130 | €1,719 | €9,135 | €44,266 | ▲ 385% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €471,067 | €608,162 | €584,005 | €589,789 | €489,851 | ▼ 16.9% |
| Fixed assets21/28 | €51,073 | €51,546 | €54,976 | €77,894 | €41,164 | ▼ 47.2% |
| Intangible fixed assets21 | €23,917 | €18,417 | €15,000 | €12,000 | €9,000 | ▼ 25.0% |
| Tangible fixed assets22/27 | €21,937 | €27,909 | €28,346 | €46,764 | €13,034 | ▼ 72.1% |
| Furniture and vehicles24 | €21,937 | €27,909 | €28,346 | €39,789 | €13,034 | ▼ 67.2% |
| Other tangible fixed assets26 | - | - | - | €6,975 | - | - |
| Financial fixed assets28 | €5,220 | €5,220 | €11,630 | €19,130 | €19,130 | = |
| Current assets29/58 | €419,993 | €556,616 | €529,029 | €511,895 | €448,687 | ▼ 12.3% |
| Amounts receivable after more than one year29 | €2,221 | €273,311 | €244,190 | €266,182 | - | - |
| Other amounts receivable291 | €2,221 | €273,311 | €244,190 | €266,182 | - | - |
| Amounts receivable within one year40/41 | €180,808 | €228,071 | €158,537 | €213,785 | €409,001 | ▲ 91.3% |
| Trade receivables40 | €167,233 | €211,720 | €158,244 | €208,349 | €403,603 | ▲ 93.7% |
| Other amounts receivable41 | €13,575 | €16,351 | €292 | €5,436 | €5,398 | ▼ 0.7% |
| Current investments50/53 | - | - | €650 | - | - | - |
| Cash at bank and in hand54/58 | €232,898 | €49,396 | €119,878 | €25,965 | €38,601 | ▲ 48.7% |
| Deferred charges and accrued income490/1 | €4,066 | €5,838 | €5,775 | €5,963 | €1,085 | ▼ 81.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €471,067 | €608,162 | €584,005 | €589,789 | €489,851 | ▼ 16.9% |
| Equity10/15 | €34,074 | €46,205 | €47,923 | €57,058 | €13,179 | ▼ 76.9% |
| Contributions10/11 | €12,400 | €12,400 | €14,260 | €14,260 | €3,867 | ▼ 72.9% |
| Capital10 | €12,400 | €12,400 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | €6,200 | €6,200 | - | - | - | - |
| Outside capital11 | - | - | €14,260 | €14,260 | - | - |
| Other1109/19 | - | - | €14,260 | €14,260 | - | - |
| Reserves13 | €1,860 | €1,860 | - | - | - | - |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Legal reserve130 | €1,860 | €1,860 | - | - | - | - |
| Profit (loss) carried forward14 | €19,814 | €31,945 | €33,663 | €42,798 | €9,312 | ▼ 78.2% |
| Amounts payable17/49 | €436,992 | €561,957 | €536,082 | €532,731 | €476,673 | ▼ 10.5% |
| Amounts payable after more than one year17 | €6,839 | €3,000 | €2,700 | €2,700 | - | - |
| Other amounts payable178/9 | €6,839 | €3,000 | €2,700 | €2,700 | - | - |
| Amounts payable within one year42/48 | €430,153 | €558,957 | €533,382 | €530,031 | €476,673 | ▼ 10.1% |
| Trade debts44 | €408,595 | €513,755 | €452,787 | €449,634 | €54,445 | ▼ 87.9% |
| Suppliers440/4 | €408,595 | €513,755 | €452,787 | €449,634 | €54,445 | ▼ 87.9% |
| Advances received on contracts in progress46 | €2,420 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €14,967 | €35,487 | €73,261 | €62,926 | €14,572 | ▼ 76.8% |
| Taxes450/3 | €1,882 | €7,531 | €29,898 | €22,957 | €2,977 | ▼ 87.0% |
| Remuneration and social security454/9 | €13,085 | €27,955 | €43,362 | €39,969 | €11,595 | ▼ 71.0% |
| Other amounts payable47/48 | €4,172 | €9,716 | €7,335 | €17,471 | €407,656 | ▲ 2,233% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,503 | €12,130 | €1,719 | €9,135 | €44,266 | ▲ 385% |
| + Depreciation and write-downs630 | €16,200 | €22,883 | €26,135 | €24,619 | €11,678 | ▼ 52.6% |
| Operating cash flow (approximation) | €22,703 | €35,013 | €27,854 | €33,754 | €55,944 | ▲ 65.7% |
| Investment in fixed assets (approximation) | - | -€23,355 | -€29,565 | -€47,536 | €25,052 | ▲ 153% |
| Change in cash | - | -€183,502 | €70,481 | -€93,912 | €12,636 | ▲ 113% |
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €44,266 ▲385%
Operating result €46,169, net result €44,266, both a record.
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 71 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 68 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
03-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 34 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €828 ▼89.8%
Net result drops to €828, the lowest in the series; recovery starts the following year.
04-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 65 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Jette · 1 establishment unit since 2024
Ground area
1,869 m²
Building footprint
1,126 m²
Volume, LiDAR
14,796 m³
2 parcels, Brussels, Flanders · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
14
companies at this address
See who is registered here
1 establishment unit
4Finance
since 20242.358.400.887
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464D0173/00A000 | Brussels | 1,195 m² | 1 · 1,013 m² | 17.7 m · 5 fl. |
| 22662B0385/00X005 | Flanders | 674 m² | 1 · 114 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,174 companies in sector 69201 we hold annual accounts for 7,638. 3,599 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
Founded21-03-2013
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0524725260
Also
9925:BE0524725260
Registered
12-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.