4FRIENDS
Inactive4FRIENDS was declared bankrupt on 28-04-2022 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 21-03-2024, published in the Belgian State Gazette on 16-04-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 21-06-2021, 40 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
40 d early
2019
82 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, abbreviated schema
Equity
€-20k▲ 27.1%
2019 · €-28k
2018: €26k
2019: €-28k
2018 → 2020
Total assets
€154k▲ 10.4%
2019 · €140k
2018: €164k
2019: €140k
2018 → 2020
Net result
€8k
2019 · €-53k
2018: €2k
2019: €-53k
2018 → 2020
Working capital
€-58k▼ 13.2%
2019 · €-51k
2018: €37k
2019: €-51k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€26k-€-28k€-20k▲ 27.1%
Operating result€6k-€-50k€13k
Net result€2k-€-53k€8k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €13k after a loss of €50k in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €154k
Fixed assets
€70k▼ 13.9%
Current assets
€84k▲ 43.6%
Key figures and ratios
EBITDA
€34k▲
2019 · €-30k
Cash flow
€28k▲
2019 · €-33k
Solvency
-13.2%▲
2019 · -20.0%
Current ratio
0.59▲
2019 · 0.53
Quick ratio
0.59▲
2019 · 0.52
Debt / equity
-1.52▲
2019 · -2.06
ROA
4.9%▲
2019 · -38.3%
Debt
€174k▲
2019 · €167k
Debt ≤ 1 year
€143k▲
2019 · €110k
Debt > 1 year
€31k▼
2019 · €57k
Income taxes
€807▲
2019 · €32
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€140k€154k▲
Fixed assets21/28€81k€70k▼
Tangible fixed assets22/27€74k€63k▼
Financial fixed assets28€6k€7k▲
Current assets29/58€59k€84k▲
Stocks and contracts in progress3€1k€1k▲
Amounts receivable within one year40/41€43k€81k▲
Cash at bank and in hand54/58€13k€2k▼
Equity and liabilities
Total equity and liabilities10/49€140k€154k▲
Equity10/15€-28k€-20k▲
Contributions10/11€19k-
Reserves13€2k€2k=
Profit (loss) carried forward14€-48k€-41k▲
Amounts payable17/49€167k€174k▲
Amounts payable after more than one year17€57k€31k▼
Amounts payable within one year42/48€110k€143k▲
Trade debts44€66k€77k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€21k▲
Gross operating margin9900€56k€128k▲
Operating profit (loss)9901€-50k€13k▲
Recurring financial income75€177-
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€-53k€8k▲
Income taxes67/77€32€807▲
Profit (loss) for the period9904€-53k€8k▲
Profit (loss) for the period to be appropriated9905€-53k€8k▲
Timeline · acts, filings and financial milestones
2024
16-04
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · 4FRIENDS BV MUNT- STRAAT 16, 3000 LEUVEN · event 21-03-2024
2022
04-05
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · 4FRIENDS BV MUNT- STRAAT 16, 3000 LEUVEN · event 28-04-2022
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 82 days late
2019
31-12
Financial
Weakest financial yearnet €-53k ▼2565%
Net result drops to €-53k, the lowest in the series.
18-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES ARNAUTS-SMEETS SINT NIKLAASBERG 5,
3200 AARSCHOT |
28-04-2022 → present |
| Curator | GUNTHER PEETERS SINT
NIKLAASBERG 5, 3200 AARSCHOT |
28-04-2022 → present |